text:
Australia is joining the growing number of nations looking to compete in space. Its advantage? Half the country already looks like Mars.
ISRAEL Mining News
The world’s top diamond producer held six auctions this year in the Middle Eastern country.
The Dead Sea is seen as offering "unlimited supply" of minerals.
A gold earring believed to date back more than 2000 years has been unearthed near the site of the ancient Jewish temples in Jerusalem, in what Israeli archaeologists called rare evidence of Hellenistic influence.
The world's largest and lowest-cost desalination plant.
A year after an export ban on raw gems in the country, reports show its diamonds are being sold to traders from Sudan to Belgium.
Host of competing factors trap precious metal.
Money laundering, terrorism financing diamond trade in India, Israel, Belgium, Canada and the US — report
Global diamond trade is being used to launder illegal funds worth millions of dollars, claims polemic study.
Israel's polished diamond exports rose by 12% over the past year, after a 23% dip in 2012.
Israeli government creates panel to review mining industry royalties and taxes.
Hundreds of workers blocked the entrance to a plant belonging to ICL, the company that Potash Corp wants to acquire.
The Ninth Annual Meeting will take place in Israel.
Somewhere in the Carmel hills of northern Israel, diamond exploration company Shefa Yamim hopes to uncover the exact spot where faith meets science.
The Israeli diamond industry reports that its diamond trade grew double-digits in 2011 despite a slowdown in activity worldwide in the fourth quarter.
Israel-headquartered diamond manufacturing company Dalumi is set to launch a new jewelry line, “Golden Diamonds Collection,” at the upcoming Hong Kong trade shows.
Israel's diamond industry has continued to show growth during the third quarter of 2011, according to figures published by the Ministry of Industry, Trade and Labor's Diamond Controller Shmuel Mordechai. The figures show double-digit growth in ...
Israel's rough diamond trade was rising in the third quarter of 2011, according to the latest released figures. Net rough diamond imports increased about 35 percent to $3.519 billion.
Rough diamonds (illustrative) Lucara Diamond Corp. will begin trading on the Toronto Stock Exchange as of the market opening on August 29, 2011, under its current trading symbol, LUC, the company announced on Thursday. The diamond company's shares were
Israel's picturesque Timna Park gets a spruce-up to attract more visitors to explore its rich archeology and its modern lake, hike and bike paths. The park's story began 6,000 years ago, when the world's first copper mines were dug here.
Israeli diamond traders, very familiar with terrorist attacks and how it affects business activities, are not wavering from their commitments to furthering ties with their Indian counterparts.
Globes reports Israel Chemicals, a unit, ICL Fertilizers, will sell potash to its Chinese customers at $470 a ton, $70 a ton higher than prices to China during the first half of 2011. Under the terms of the current contract, 500,000 tons will be delivered in the second half of 2011 for $235 million. ICL reported that since 2010, it has broadened its customer base in China, and sells potash directly to Chinese fertilizer producers and distributors. ICL, which is controlled by Israel Corp, is the world's sixth-largest producer of potash.
Jovella 2011, Israel’s 8th international jewelry and diamond exhibition, will be held July 5–6 in Tel Aviv. The exhibition will feature a Designer Boulevard, as well as collaboration with Shenkar College’s Department of Jewelry Design.
The IDEX Online Polished Diamond Index averaged 132.1 in May, setting a new record, as polished diamond prices continue to rise. The record surpassed the prior record level both last month and in the pre-recession […]
The Israel Diamond Institute (IDI) will present the first Israeli Diamond Pavilion at the June Hong Kong Jewellery & Gem Fair, June 23 – 26. The pavilion will feature 60 diamond companies, many of whom […]
Israel-headquartered diamond firm Dalumi opened an office in Mumbai, saying it wants to be closer to the fastest growing diamond center in the world.


text:
Drive out of Arizona for cheap
- Blog Post by: Kerri Westenberg
- April 6, 2011 - 11:59 AM
To help get its cars out of Arizona, where fewer are needed now that spring has sprung, Hertz is offering rates as low as $5/day for one-way trips to locations in California, Colorado, New Mexico, Nevada, Oklahoma, Oregon, Texas, Utah and Washington. Customers must request Rate Code (RQ Code) "DRV5" at time of booking. The deal is available for rental pick up through April 30; restrictions apply. Get details here.
© 2017 Star Tribune

domain: news


text:
Has the day finally come? Is Psychonauts 2 more than just a pipe dream? Not yet! But if we’re lucky, it will be.
Double Fine has finally heard the pleas of its fans, and the team is taking steps to bring Psychonauts back from the dead and place it squarely within the hearts of the gaming community. As long as the whopping $3.3 million dollars they’re requesting gets funded.
Psychonauts 2 is being crowdfunded on Fig, a platform created by former Double Fine COO Jonathan Bailey earlier this year. As with other crowdfunding platforms, there are a number of backing tiers with some swank goodies for diehard fans to bring home along with the game.
The funding being asked for on Fig is $3.3 million dollars, which as the crowdfunding campaign itself states is not enough to fully fund the game. The $3.3 million will be paired with funds from Double Fine themselves and an undisclosed external partner to reach at least the $10 to $13.5 million budget the original Psychonauts used.
It’s great to see that Raz may be back in action, but the game’s not funded just yet — and Double Fine have a reputation for not being the timeliest of developers. That said, it’s hard to imagine Psychonauts 2 not being funded. Here’s to hoping!


text:
Microsoft has released updates for its enterprise Desktop Optimisation Pack for Software Assurance customers, aimed at simplifying and supporting Windows deployments.
MDOP 2015 contains improved user experience and application deployment technologies, which have been updated to support Windows 10 including:
- Advanced Group Policy Management,
- Application Virtualization for Windows Desktops,
- User Experience Virtualisation,
- BitLocker Administration and Monitoring,
- Diagnostics and Recovery Toolset,
- Enterprise Desktop Virtualisation.
The set of tools is available as a DVD ISO image for customers with an active subscription to Microsoft Developer Network.
While the desktop Windows 10 operating system was finalised and released in July this year, Microsoft is still working on getting the enterprise equivalents ready, such as Windows Server 2016.
Microsoft's general manager of its operating system group Gabe Aul said on August 10 that a new technical preview of Windows Server 2016 will be released this month, along with the Remote Server Administration Tools - RSAT - with support for Windows 10.
The company also released an update to the Microsoft Deployment Toolkit 2013, again with support for Windows 10.


text:
A new destination in Texas is aiming to position itself as a Caribbean cruise port of call.
The South Padre Island, Texas, City Council has approved a proposal by SPI Cruise Group — a partnership of cruise port design, maritime operations and marketing professionals — to create a plan to develop the destination into an attractive port of call on western Caribbean cruise itineraries.
With increasing emphasis on tourism sustainability and concerns of over-tourism in some eastern and southern Caribbean ports of call, cruise lines are seeking alternative destinations with existing tourism infrastructure to add to their cruise itineraries, South Padre Island officials said. With the rising popularity of western Caribbean cruises from the Port of Galveston, Texas, South Padre Island can provide a fresh new port with attractive shore excursion opportunities.
“South Padre Island has been a hidden U.S. jewel for many years,” said Mayor Dennis Stahl in a written statement. “We are looking forward to sharing our unique ecotourism sites, like Sea Turtle Inc., a renowned sea turtle rescue center, and the Birding and Nature Center, a world-class birdwatching destination, in addition to our pristine beaches and adventure activities.”
SPI Cruise Group is composed of four companies in the port development, cruise and maritime industries:
MarketScope Global brings more than 30 years of combined cruise industry experience to bear on understanding the market forces at work in the cruise sector. Project manager Jay Lewis created the cruise industry’s first scannable “comment card” system and its first automated brochure-ordering system. He has served as adjunct professor of marketing at the University of Miami and as a lecturer at Oxford and Cambridge for the Seatrade Academy.
IDEA is an international design and planning firm that conceives conceptual designs and then facilitates production of branded destinations for the cruise, hospitality, entertainment and tourism industries. IDEA currently is working on the design of Port Grand Lucaya on Grand Bahama Island and has completed port-design projects for Falmouth, Jamaica; Harvest Caye, Belize; and Icy Strait Point, Alaska; among others.
Cruise and Port Advisors, led by cruise industry veteran Roger Blum, helps clients in multiple industries tailor their products and services to meet the needs of today’s cruise industry. Clients include destinations, port authorities, shore excursion operators, medical facilities, manning agents and onboard revenue partners. Blum’s long-standing close relationships with top cruise executives create marketing opportunities for his clients. One destination client increased its cruise business by over 1,000 percent in just a few years.
NewmanPR has been providing clients in the leisure travel, maritime and cruise industries creative, customized and cost-effective marketing communications services for more than 70 years. Clients include the Florida Keystourism council, Carnival Cruise Line, Holland America Line and port-development projects Icy Strait Point, Alaska, and Banana Coast, Honduras.
The initial stage of the project is expected to take four months to complete, and includes an aggressive marketing and communications plan to raise awareness of South Padre Island’s potential among cruise industry executives.


text:
In the face of a worsening teacher shortage, several states around the country are loosening requirements for credentials that will make it easier to teach in public school classrooms.
Minnesota, Arizona and Illinois each revamped their licensing process this year to deal with a scarcity of educators. Utah did so last year, and Connecticut now is weighing whether to overhaul its certification process for the first time in two decades.
- American Eagle Outfitters:
Sign up for emails and get 10% off American Eagle promo code
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text:
Our guest panel of city economists has voted to hold rates this month.
Among the main concerns were lower rates of inflation becoming embedded in people’s expectations. However, one hawk argues that low interest rates are in danger of becoming embedded in borrowers’ expectations.
Other concerns were the potential for a new Greek crisis and signs of a slowdown in the UK’s economic growth at the end of 2014. The latest inflation reading in the UK was 0.5 per cent in December, as measured by the year-on-year change in the consumer price index. Meanwhile, the Bank of England’s bank rate is currently at 0.5 per cent, where it has remained since March 2009.
CITY A.M.’S SHADOW MPC
OUR PANEL’S GUEST CHAIR FOR THIS MONTH: PHILIP SHAW | INVESTEC
Hold. Results from recent surveys indicate that the recovery has lost relatively little momentum and spending should be further supported by the decline in petrol prices. However, there are risks from the uncertainty in Greece and moreover inflation is well below target and may go negative soon. The case to sit tight is compelling while we await more clarity on medium-term prospects.
JAMES SPROULE INSTITUTE OF DIRECTORS
Raise rates. The economy is still growing well enough to justify normalising rates; the danger is that overly loose policy leads to dependency on ultra-low rates.
GEORGE BUCKLEY DEUTSCHE BANK
No change. The high chance of inflation turning negative, alongside weaker economic growth this year compared to last, suggests that now is not the time to tighten monetary policy.
ROBERT WOOD BERENBERG BANK
No change. Inflation might turn negative soon while wage growth is still weak. There is plenty of time to wait.
SAMUEL TOMBS CAPITAL ECONOMICS
No change. We need to wait and see whether near-zero inflation starts to have any detrimental “second-round” effects on inflation expectations and wages.
SIMON WARD HENDERSON
Raise rates. Growth remains solid, the labour market is tightening further and wages are picking up. Eurozone prospects are brightening.
VICKY PRYCE BIS AND CEBR ADVISER
No change. The end of 2014 suggested a slowdown in the rate of growth and despite some recent pick up in construction, manufacturing and services, downward risks remain in Europe.
TREVOR WILLIAMS LLOYDS BANK
No change. Inflation is below target, and is likely to turn negative soon. Growth slowed to 0.5 per cent in the last three months of 2014, and risks from our key market in Europe remain high.
ROSS WALKER RBS
No change. Although the medium-term inflation outlook has not changed much in recent months, there is a growing risk that the sharp undershoot in current inflation affects expectations.


text:
China’s Mengniu Dairy is reportedly eyeing Burra Foods in a deal believed to value the Australian dairy group at more than A$300m (US$228.1m).
According to the Australian Financial Review, citing Burra founder Grant Crothers, Burra is in discussions with an unspecified number of parties and a deal is expected “before June”. The Crothers family, who currently own 55% of Burra, and Japanese group Itochu Corporation, which took a stake in Burra in 2009, are expected to retain stakes of 10% each in the company.
Burra manufactures value-added dairy ingredients for the global food manufacturing market. According to its website, the group specialises in delivering “the functional and sensory characteristics of fresh milk”. Products include cheese, fresh milk concentrates, food preparations, speciality milk powders and fresh dairy ingredients.
Burra processes around 300m litres of milk annually at its manufacturing plant in Korumburra, in south eastern Victoria. The company operates sales offices in Melbourne, Hong Kong and Tokyo.
Neither Burra nor Mengniu responded to requests for comment at time of press.


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Over the past week, the Mega Millions jackpot grew 38% from $625 million to $865 million, while the Powerball jackpot jumped 33% from $550 million to $730 million.
Revealing how consumers are responding to the surge, Skupos reports that over this same period average store sales for lottery tickets increased by 22%.
And while lottery ticket sales have certainly ramped up within the past seven days, they have been growing steadily for at least two weeks as the jackpots grew. In fact, from Jan. 4-11, stores saw a week over week growth rate similar to this week’s, 23% vs. 22%. Contrast that with December 2020, when revenue from lottery tickets increased by an average of only 4% each week.
Skupos dived into the numbers to provide an exclusive look at the impact that this week’s big lottery jackpots have had on convenience retail stores. Lottery prize drawings are a significant incremental revenue driver for convenience stores, and these past couple weeks have shown how.


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The BMW K1600GT has been voted International Bike of the Year 2011 by a panel of motorcycle magazine journalists representing 25 publications from around the world. The six-cylinder BMW K1600GT received a score of 41 points from the jury to top all contenders. Second place went to the Ducati Diavel at 32 points. The Aprilia […]
BMW Teams with Bloomingdale’s with R1200R Classic Giveaway
Bloomingdale‘s has partnered with BMW with a new campaign promoting its motorcycle-inspired autumn fashion line.
A BMW R1200R Classic is prominently featured in Bloomingdale’s fall men’s catalog and in stores including the store windows of the department store’s flagship location on 59th St. in New York City.
Bloomindale’s will also hold a draw on Sept. 17 to give away one of the BMW roadsters.
As for Bloomingdale’s fall collection, the men’s line follows the theme “On The Road” featuring a lot of denim, leather and boots and a heavy emphasis on black and other dark colors. The women’s line also features a moto-inspired boot and jacket.
“Partnering with Bloomingdales is a natural extension of the BMW brand as both a cultural and product icon,” says James Callahan, marketing communications manager for BMW Motorrad USA. “For decades, our bikes have been featured in films, music videos, magazine photo shoots and special events. From James Bond to ‘Jay Leno’s Garage’ and the recent Summer Olympics, BMW motorcycles are seen and ridden ’round the globe.”
[Source: BMW, Bloomingdale's]


text:
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||60.78 - 62.45|
|52-week range||60.78 - 84.00|
|PE ratio (TTM)||9.45|
|Earnings date||30 Apr 2018 - 4 May 2018|
|Forward dividend & yield||2.00 (3.24%)|
|1y target est||88.55|
Walgreens Boots Alliance (WBA), based in Deerfield, Illinois, is slated to release its 2Q18 financial results on March 28, 2018. Walgreens stock has followed a downward trend this year, falling 9% so far, like many peers. Refer to the final part of this series to learn about the company’s stock market performance this year.
When Heather Holland, a primary school teacher, went to collect her flu medicine at a local drugstore in Texas in January, she balked at the price. The pharmacist said she would have to pay $116 out of ...
CVS Health's (CVS) robust 2018 PBM selling season is an upside. We are also upbeat about the company's initiation of the crucial $69-billion acquisition of Aetna.
SuperValu (SVU) announced on Wednesday, March 14, 2018, that it has entered into three definitive agreements for the sale of 21 of its 38 Farm Fresh Food & Pharmacy stores to three grocery store chains. Harris Teeter (owned by Kroger) is buying ten stores, which include six in-store pharmacies and three fuel centers. The transactions have been unanimously approved by SuperValu’s board of directors and are subject to customary closing conditions.
The CVS Health (CVS)-Aetna deal has surfaced after Amazon, Berkshire Hathaway and JPMorgan Chase revealed their plans to form a joint venture.
Civitas Solutions (CIVI) is a leading provider of home and community-based health and human services to adults and children with intellectual or developmental disabilities, brain injury, and other catastrophic injuries and illnesses. In March 2018, of the four analysts covering Civitas Solutions, two analysts have given the stock a “strong buy” rating, and two analysts have given it a “buy” rating. The mean rating for the stock is 1.5 with a target price of $18.75.
Alphabet-backed (GOOGL) healthcare insurance startup Clover Health is looking to grow its revenues by 23.6% to $330 million in 2018, as it expands beyond its New Jersey initial footprint. In a recent interview with Bloomberg, Clover co-founder and chief executive officer Vivek Garipalli revealed that the startup suffered a $22-million loss in 2017. Clover is looking to control costs more efficiently this year, even as it invests in more growth.
Over 20 years, Brian Komoto built a thriving pharmacy in California’s Central Valley. Each day, his nurses would travel the vast agricultural region’s roads to help hepatitis C patients take a grueling ...
CVS reported earnings 30 days ago. What's next for the company? We take a look at earnings estimates for some clues.
The third-biggest corporate bond sale ever went off beautifully this past Tuesday. CVS Health (CVS) went to market to sell $40 billion of bonds to fund its proposed takeover of health insurer Aetna (AET), and was met with $120 billion worth of demand. Unsurprisingly, the bonds rallied as soon as they could be traded.
Cigna Corp.’s proposed deal for Express Scripts Holding Co. faces a drawn-out merger review as the Trump administration’s antitrust enforcers weigh the competitive effects of a wave of consolidation sweeping ...
Cigna's $67 billion Express Scripts deal gives the insurer the scale to match industry titans but also huge exposure to an area of health care that's under fire.
Health insurer Cigna will buy pharmacy benefit manager Express Scripts for $67 billion following the CVS-Aetna deal and Amazon's entry.
Big mergers in U.S. health care have rotated on their axis, with the nation’s biggest insurers and the companies that preside over customers’ access to high-priced drugs eyeing one another after deals ...
Health insurer Cigna Corp. is nearing a deal to buy Express Scripts Holding Co., according to people familiar with the matter. As of Wednesday, Express Scripts had a market value of $41 billion, meaning that with a typical premium, the transaction could be worth $50 billion or more. St. Louis-based Express Scripts is a pharmacy-benefit manager.


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While the 20s have posed numerous evolving challenges to the auto industry, from rapid digitalization due to COVID-19 to ongoing inventory challenges, auto dealers have proven to be more than capable of adapting to whatever is thrown their way.
Throughout the first quarter of 2022, auto dealers demonstrated incredible resilience and efficiency despite new vehicle inventory shortages, achieving one of their best quarters in recent years.
In this blog post, we’ll explore what’s happened so far in 2022 and what will likely happen next in the auto dealership industry including the:
· Q1 State of the Automotive Industry
· Impact on Auto Sales & Buying Trends
· Expectations for the Remainder of 2022
Q1 State of the Auto Industry
Dealership Inventory Outlook
New vehicle inventory challenges persisted globally throughout Q1 due to production delays, COVID-19 related shut downs and global supply chain disruptions. IHS Markit, now part of S&P Global, is to reduce their 2022 North American vehicle production forecast in March by 3.6%, or 480,454 units.
In reality, actual production for Q1 2022 came in a bit higher than initially forecasted at 3.55 million units produced, according to new forecasts. But looking ahead to Q2, S&P Global reduced its forecast slightly due to continued supply chain struggles and additional logistical concerns. These include the surrounding border crossings between the U.S. and Mexico in Texas which could exacerbate already strained conditions in the near-term.
Slowing New Vehicle Sales
Still, sales fell across the three months as new vehicle production continued to be limited. According to NADA, March 2022’s SAAR totaled 13.3 million units, down from 14 million units in February and 24.4% from last March’s SAAR of 17.6 million.
Download the Cheat Sheet:
5-Steps to Marketing with Low or No Inventory
Impact on Auto Sales & Buying Trends
Dwindling OEM Incentives
With fewer vehicles on the lot and sales still relatively strong, OEMs have continued to cut their average incentive spending. According to J.D. Power, average incentive spending per unit fell to an all-time low of $1,044 in March 2022, down 68.7% from last March’s overall incentives, driving vehicle prices to new heights.
Transaction Prices Increase
As a result of decreased OEM incentives and consistent consumer demand, dealers continued to see transaction prices and monthly payments increase in Q1. According to J.D. Power, average transaction prices achieved a March record of $43,737 in 2022 up 17.4% compared with a year ago.
Similarly, the average monthly payment for new vehicles jumped to $658 in March, according to the same report, an increase of 12.4% over last year. However, compared to transaction prices, this growth has been offset slightly due to elevated trade-in values which skyrocketed 81.3% year-over-year due to inventory constraints.
Diminished Customer Loyalty
Weighing high equity with high prices, few incentives and limited choices on the dealership lot, customers are increasingly likely to switch dealers or even brands to find the vehicle of their choice.
In March, S&P Global reported there was a strong correlation between days’ supply and make loyalty as customers returning to market increasingly defected brands amid ongoing shortages. This follows the same trend as earlier reports, with brand loyalty falling to six-year low in 2021 while body style loyalty increased during the same period.
Expectations for the Remainder of 2022
Vehicle Production Slowly Improving
While the last two years have taught dealers to always expect the unexpected, the remainder of 2022 is projected to be relatively consistent with the auto industry’s current status quo, at least in North America.
While global light vehicle forecasts were downgraded in March due to evolving challenges overseas, North American projections remain flat at just under 15 million units, according to S&P Global.
Sales Still Bound by Production
Looking towards the future of car sales, transactions will continue to be driven by availability throughout the rest of the year, resulting in similarly flat sales projections for 2022.
“For the rest of the year, new-vehicle sales will be limited by the number of vehicles OEMs can build,” wrote NADA in their April sales report. From January through April, NADA’s new light vehicle sales forecast has remained unchanged at 15.4 million units.
Download the Playbook:
Crack the Code on Selling, Acquiring and Marketing During an Inventory Crisis
Despite supply chain disruptions and inventory shortages continually challenging the automotive industry in recent years, Q1 demonstrated some early signs that stabilization is on the horizon.
While auto dealers have proven to be incredibly resilient so far, it’s still critical to maintain that momentum in the months ahead, especially as some uncertainties still remain.


text:
FCC to Wireless Carriers: Protect Customer Data (Unless the NSA Asks for It)
June 28, 2013 9:50 AM
comment(s) - last by
(Source: Trashy World)
Government is eager to protect customers metadata from "evil" profit-hungry private sector entities
Recent revelations regarding the U.S. spying on its citizens have added a layer of irony to what otherwise would be an admirable consumer protections policy lofted by the
U.S. Federal Communications Commission
(FCC) -- the federal agency tasked with regulating telecommunications in the U.S.
In the "
", the FCC discusses the issue of customer proprietary network information (CPNI) or -- as the Obama administration likes to refer to it as -- "metadata", which includes "phone numbers that a customer has called and received calls from, the durations of calls, and the phone's location at the beginning and end of each call."
In its ruling the FCC states:
Carriers are allowed to collect this information and to use it to improve their networks and for customer support. Carriers' collection of this information can benefit consumers by enabling a carrier to detect a weak signal, a dropped call, or trouble with particular phone models. But if carriers collect CPNI in this manner, today's ruling makes clear that they must protect it.
The Commission can take enforcement action in the event that a failure to take reasonable precautions causes a compromise of CPNI on a device. This clarification avoids what would otherwise be an important gap in privacy protections for consumers.
The closing paragraph seems to deliver a clear threat -- if carriers lose consumer data to "hackers" and it is established that poor protections were in place, they may be fined. The ruling also applies to other kinds of metadata, such as usage statistics on preinstalled apps.
recent data losses
by carriers in the U.S.
, this is good news as it may pressure carriers to be more responsible.
The U.S. doesn't want your data shared recklessly -- but it wants to seize it for itself.
[Image Source: Mashable]
U.S. National Security Agency
collects 99 percent of call record metadata
in the U.S. and
passes that metadata off to private contractors
with nary a public notice. Thus it's a bit ironic that the government is so concerned about carrier data loss, when it itself is seizing so much data and has
such a poor track record
when it comes to security
This article is over a month old, voting and posting comments is disabled
6/28/2013 11:53:05 AM
So nothing's changed. It's the same way it's always been. Thanks for the news Jason.
"Death Is Very Likely The Single Best Invention Of Life" -- Steve Jobs
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text:
July 20, 2009
In addition, there is apparently evidence to suggest that the Chinese economy has already surpassed the US. If you adjust the currency valuation, in 2010 the US GDP was 14.6 trillion whereas China was 14.8 trillion
Furthermore, the US economy grew only 1.7% in 2011 whereas China grew 9.7% This means that if China maintains this path, their economy will DOUBLE in only 10 years.
When the USA surpassed England in 1890 as the worlds richest economy, we never looked back.
It was fun, but it look like it's over.... or soon to be anyway
[Image Can Not Be Found]
"a free society depends on a virtuous and moral people."


text:
October 6, 2020
ICON Health & Fitness, the parent company of consumer connected fitness equipment brands like NordicTrack, Freemotion and iFit, has raised a $200 million growth investment. The company said that the funding was led by L Catterton, with participation from prior backer Pamplona Capital Management.
WHAT IT DOES
Founded in 1977 as an import business, Utah-based ICON first stepped into the home...


text:
Ariel Invites Us on a Journey to Decarbonise Laundry
Today, at the ChangeNOW online Live Talk, Procter & Gamble’s (NYSE:PG) Ariel laundry detergent brand will announce an expanded 2030 Brand Ambition focused on “reinventing clean to decarbonise laundry across its entire value chain.”
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210311005112/en/
Laundry's Carbon Footprint (Graphic: Business Wire)
To do this Ariel has focused on ensuring it can deliver a superior clean in colder water, whilst also committing the brand’s voice to encourage small habit changes such as lowering wash temperatures. The brand is also working towards establishing a sustainable supply chain with industry and suppliers, as well as partnering for innovation.
The first milestone in this journey is the roll out of Ariel’s pan-European consumer engagement campaign, “Every Degree Makes a Difference” in content partnership with National Geographic Creative Works, to demonstrate that through turning down our washing cycle temperature we can together reduce greenhouse gas emissions. The campaign, which is already launched in Germany and is coming to France this week, seeks to achieve a five degree drop in average wash temperatures in Europe by 2025.
Ariel’s Life Cycle Assessment (LCA) found that on average in Europe 60% of the environmental footprint of laundry comes when the product is being used, mainly from the energy used to heat the water. Lowering the wash temperature is the single most important thing we can all do to reduce the environmental impact of laundry. Through short films and emotive images created by National Geographic Creative Works, the campaign highlights the impact of global warming on the arctic regions and brings to life that we can all make an impact on our planet.
As part of its 2030 Ambition, Ariel is pursuing a sustainable supply chain through analysing the ingredients with highest CO2 potential in its formula and exploring alternative sourcing, working closely with its suppliers. The brand is looking into partnerships to find new solutions that help further decarbonise its value chain, including novel sources of carbon and new models for recycling.
“Serving five billion people gives our brands the unique opportunity to promote conversations, influence attitudes and change behaviour,” comments Virginie Helias, Chief Sustainability Officer at Procter & Gamble. “Ariel cleans impeccably in cold water and enables us to switch down the wash temperature when doing the laundry. With this we can all unite on the journey to decarbonise laundry across the entire value chain, helping the climate without compromising on cleaning performance.”
Ariel’s core purpose is to reinvent clean to drive progress, and its expanded Ambition announced today is underpinned by a wide range of other actions it is taking to ensure the interconnected sustainability challenges we all face are being addressed. These include circular packaging, responsibly sourced and less carbon intensive ingredients, and establishing an even more efficient supply chain among others. On the societal side, Ariel continues to advocate how laundry is not only a woman’s job, but the responsibility of everyone in the household.
Ariel is one of P&G’s leading brands, and the Brand Ambition announcement is part of the overall commitment from P&G for 100% of their leadership brands to enable and inspire responsible consumption by 2030 as part of the company’s Ambition 2030 sustainability goals.
To access images and other multimedia content, please visit here.
About Every Degree Makes a Difference Campaign
“Every Degree Makes a Difference” is a campaign being run by Ariel that aims to educate consumers on the benefits of turning their washing machines down and doing their laundry at lower temperatures. The campaign has been designed to educate consumers on the following key information: https://www.nationalgeographic.com/ariel-every-degree-makes-a-difference/
The Life Cycle Assessment of a fabric care detergent clearly signifies that the environmental footprint is only 40% product related versus up to 60% usage related at home when people use the washing machine (50% from heating the water, data is based on the average for European region).
About Procter & Gamble
P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com/ for the latest news and information about P&G and its brands.
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CGTN: Leading With Action: China in the Fight for Carbon-Neutral Future16.4.2021 19:29:00 EEST | Press release
Climate change is not taking a break from wreaking havoc in 2020, with the joint highest global temperatures on record, rampant bushfires, the faster rates of sea level rise and the extinction of some species. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210416005435/en/ Under this circumstance, Chinese President Xi Jinping, French President Emmanuel Macron, and German Chancellor Angela Merkel held a virtual meeting Friday on climate change, ahead of the Leaders' Climate Summit on Earth Day convened by the U.S., scheduled next week. Emphasizing that he always advocates building a community with a shared future for mankind, the Chinese president voiced his willingness to strengthen cooperation with France and Germany on climate change. "Tackling climate change is a common cause for all mankind and it should not become a geopolitical bargaining chip, a target for attacking other countries, or an excuse for trade barriers," h
Colicity Inc. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing on or about April 16, 202116.4.2021 16:30:00 EEST | Press release
Colicity Inc. (the “Company”) announced that holders of the units sold in the Company’s initial public offering of 34,500,000 units, including the underwriters’ exercise of their full over-allotment option for 4,500,000 units, completed on February 26, 2021 (the “Offering”) may elect to separately trade the Class A common stock and warrants included in the units commencing on or about April 16, 2021. Any Units not separated will continue to trade on The Nasdaq Capital Market under the symbol “COLIU,” and the Class A common stock and warrants will separately trade on The Nasdaq Capital Market under the symbols “COLI” and “COLIW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A common stock and warrants. This press release shall not constitute an o
Evobrutinib is the First and Only BTK Inhibitor to Demonstrate Reduction of a Key Biomarker of Neuronal Damage and Inflammation in Patients with MS16.4.2021 11:00:00 EEST | Press release
Merck, a leading science and technology company, will present data from a Phase II placebo-controlled randomized trial at the 2021 American Academy of Neurology (AAN) Annual Meeting showing that the investigational Bruton’s tyrosine kinase (BTK) inhibitor evobrutinib significantly reduced blood neurofilament light chain (NfL) levels, a key biomarker of neuronal damage and inflammation, in patients with multiple sclerosis (MS). Elevated blood NfL levels have been shown to be associated with damage to neurons and inflammation and may predict future brain atrophy and disease progression. “Blood NfL is a biomarker that may allow monitoring of disease activity and treatment response, which could be less burdensome and more sensitive than other standard clinical measures for MS patients,” said Prof. Jens Kuhle, MD, PhD, Head Multiple Sclerosis Centre, University Hospital Basel. “These data provide key insights into the role evobrutinib may play in modulating the clinical course of MS and fur
IFF Presents “Learning Labs” Video Series to Demonstrate Potential of New Company15.4.2021 23:15:00 EEST | Press release
IFF (NYSE: IFF) today introduced a new “Learning Labs” video series, featuring in-depth discussions with the leadership of the company’s segments and R&D function. Each video provides a comprehensive overview of IFF’s robust portfolio and enhanced capabilities following its recently completed merger with DuPont’s Nutrition and Biosciences (“N&B”) business. The complete “Learning Labs” series can be found here: ir.iff.com/events-presentations. In addition, IFF has also provided segment-level financial detail based on 2020 pro forma results. “As a global industry leader of high-value consumer ingredients, we are pleased to provide a closer look into our capabilities, operational model and future growth potential,” said Andreas Fibig, IFF Chairman and CEO. “Stakeholder communication remains essential to IFF’s continued growth, and since combining with N&B, we have continued to explore new ways to meaningfully connect with our investors. The insights shared through our ‘Learning Labs’ seri
Algorand and BridgeTower Capital Announce Strategic Partnership15.4.2021 23:14:00 EEST | Press release
BridgeTower Capital, a global private equity firm, focusing on traditional private equity investments and blockchain and DeFi markets, announced today a partnership with Algorand. Algorand, the creator of the world’s first pure proof-of-stake foundational blockchain, is a leading blockchain technology company accelerating the convergence of decentralized and traditional finance. BridgeTower will use Algorand’s technology as the underlying blockchain solution to issuance of the BridgeTower Capital tokenized digital security. It will also use Algorand as a preferred blockchain for BridgeTower products and services. Beyond the elementary requirement of an open, public network, Algorand’s technology enables a set of high performing Layer-1 blockchains that provide security, scalability, complete transaction finality, built in privacy, Co-Chains, and advanced smart contracts. “Algorand was a clear choice given their technology, team and leadership position in the digital marketplace,” said
BridgeTower Capital Launches Security Token Pre-Offering and Announces Global Expansion With Key Partners15.4.2021 19:00:00 EEST | Press release
BridgeTower Capital, a tokenized global private equity firm, has launched a private Security Token Pre-Offering (STO) culminating 12 months of work to purposefully assemble a team of world-class partners to participate in the blockchain infrastructure and services marketplace in the rapidly growing world of decentralized finance (DeFi). BridgeTower also announced it has formed a Zurich-based entity to further expand its current offering of blockchain infrastructure products and services. BridgeTower launched its Private -STO campaign earlier this week, which provides an opportunity for accredited investors to purchase shares in the company in the form of a digital security. BridgeTower has received active participation already and is seeking to raise $200 million in this initial raise. “We are seeing a global confluence of public and private digital finance markets being fueled by the adoption of blockchain technologies. This is creating unique opportunities for those who can assemble
Cryptology Asset Group p.l.c. successfully completes a share capital increase and sale of treasury shares and reviews options for financing further growth15.4.2021 17:49:00 EEST | Press release
Cryptology Asset Group p.l.c. (ISIN: MT0001770107; Ticker: CAP), a leading European investment company for blockchain- and crypto-related business models, has successfully completed its cash capital increase by issuing 128,375 new shares and the additional sale of the entire amount of 31,625 treasury shares to institutional investors. At a fixed price of EUR 200.00 per share each, the Company will receive total gross proceeds of EUR 32.0 million, which will be used to invest in new portfolio companies from the Cryptology pipeline. The Company is also exploring the possible acquisition of crypto assets, such as Bitcoin, as part of its treasury management strategy. To finance further growth, Cryptology is also currently reviewing various options to raise additional capital, such as through the issuance of a convertible or a straight bond. ICF BANK AG has been commissioned to conduct a market review. Management will make the final financing decision based on investor feedback and the prev
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The prices of potatoes are rising in various cities of India following onion. The price of onions has been selling at a historic high for the past month. Following this, the state and federal governments have taken several steps to curb the price of onions.In this case, the prices of potatoes have started to rise.
At the wholesale market in Delhi's Azadpur, potatoes were sold at Rs 32 a kg and at retail stores at Rs 40 a kg. Similarly, in Kolkata, potatoes were sold at Rs 24 per kg. In Mumbai market, potatoes are selling at Rs 32 per kg, up by Rs 5 per kg.


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Jolly Footsie skips higher
WONDERFUL Wall Street's overnight surge to a three-and-a-half year high and the monetary policy committee's surprising admission that it had discussed the merits of a cut in interest rates at December's meeting before keeping them on hold, put the Footsie in a festive frame of mind.
Share prices were squeezed higher in thin trading and the index closed up 44.4 points at 4777.4 - only 27.9 points off its year's high last month. Wall Street kept up the momentum early yesterday by rising a further 63 points following a fall in oil prices on the unexpected rise in US crude stocks.
Five consecutive quarter-point hikes in UK interest rates since November 2003 put the brake on rampant consumer demand and prompted a slowdown in the buoyant UK housing market. Should Mervyn King and his team at the Bank of England decide that rates have peaked and if they begin to tweak them lower during the first quarter of next year, it would be a major boost for the London stock market.
Equity strategists are already upbeat about 2005 prospects. Fund managers have a mountain of cash to spend and nowhere else to put it other than in equities. Cash-rich companies should also continue to return cash to shareholders via buybacks and special dividends. Merger and acquisition activity should keep dealers on their toes in the new year, too.
Fund manager Amvescap reflected the optimistic mood at 318¼p, up 15½p. Hoping to receive orders for its trading platforms if markets continue in their current firm vein, financial information group Reuters advanced 10¾p to 379p. As the rand hit a six-year high against the dollar, life assurer Old Mutual added 3¼p to 133¼p.
Continuing speculation of a possible bid from Carrefour of France helped J Sainsbury to rise 6¼p to 272¾p. The sector's numero uno Tesco rose 5½p to 320¼p on expectations that it will be the biggest winner this Christmas.
Mail order and Argos catalogue group Gussies, which has jumped on reports of a private equity consortium takeover bid worth £11 a share, closed 8½p better at 930p. Luxury goods group Burberry, in which Gussies still holds 65.8%gained 11¼p to 405¾p in sympathy.
Babywear retailer Mothercare improved 1½p to 292p on a Numis buy recommendation. Analyst Iain McDonald says there is a good growth story coming from space expansion, a refit programme, enhanced product range and improved systems. Net margins have the potential to move towards 7%-8% over the next few years. Private equity bidders could also take a look. After reporting a 0.43% increase in the net asset value for its key AHL Diversified Futures Fund last week, hedge fund Man Group jumped 30p to 1445p.
The battle for control of online auction site QXL Ricardo gathered pace as it soared 78½p to 850p in response to news of a rival 800p-a-share cash bid from a consortium including two London-based businessmen, Kenn Robson and Andrin Bachmann. The new offer is £1 higher than a recommended management offer. Other proposals have also been made by potential buyers.
Eicom, the former Einstein media group, added 0.14p to 0.55p after reaching agreement to licence 100 horror movies from Renown Pictures exclusively for broadband transmission on the BT Rich Media service. SPG Media rose 2¼p to 17¼p after director Chris Blake acquired 62,500 shares at 16p.
A warning that revenues generated by its drug discovery services will be lower than 2003 and market expectations left Pharmagene a sickly 10p down at 31p.
Quoted stockbroker WH Ireland put on 12p to 126p on revived takeover hopes. Merger talks with an unnamed party were recently terminated.
News of record digital camera sales helped Pixology, a specialist in software and networks for digital photography, flash 13½p up to 166p.
• AWAITING further bid developments, Countryside Properties eased 2p to 284½p. Independent directors have recommended a 275p-a-share offer for a management buyout led by chairman Alan Cherry. Investment firm Rock Pacific - backed by billionaire Joe Lewis - owns 28.1% of Countryside and wants Cherry and his team to increase the offer to at least 300p a share before accepting. The deadline is 4 January. Watch this space.
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Customer care is becoming increasingly important for automotive manufacturers, and as a result, they are starting to become more involved in the after-sales and service sector. Not only does this make for better customer relationships with dealers and improve brand loyalty, but it provides a lucrative and steady source of revenue to balance the cyclicality of the new car market. Megatrends spoke with three top Ford executives about the company’s own efforts in the service segment and its ambitions for the future.
Quick and easy… and lucrative
Ford started to make significant moves into the service sector about 20 years ago, said Toney, with a focus on quick and easy maintenance and repair. “We wanted to improve the overall ownership experience by providing our customers with a fast and efficient maintenance service at dealerships across the world. It helps us connect with the customers in a way that fits in with their fast-paced lifestyle,” said Toney.
The first store, called Rapid Fit, emerged in the UK in 1993 and was the inspiration for the now expansive Quick Lane Tire and Auto Center network in the US, which launched in 1997. Quick Lane centres offer routine vehicle maintenance like oil and filter changes, brake repair, tyre replacement and general light repair services – no appointment necessary. A service takes between 30 and 45 minutes – any jobs requiring more intensive work are relocated to a different service shop. All vehicle makes and models are serviced, not just Ford.
The business has benefited from the trend of longer ownership – drivers are now keeping their cars for longer, giving service providers an even more important role. “We are seeing ten-plus years for cars on the road in both Europe and the US,” said Toney. This has been driven both by recession concerns by buyers, hesitant to make big purchases in a background of economic uncertainty, and by improvements in technology. “Cars can run better for longer. With people taking good care of their cars, there’s no reason for them not to be durable and lasting.”
Notably, the Quick Lane service has proven effective in not only retaining Ford customers, but bringing in new ones. Don Cape, Global Quick Lane Business Manager, noted: “Our Quick Lane dealers continue to retain and capture conquest owners at a higher rate than our non-Quick Lane dealers. If you give customers the service the way they want it and they have a good experience, they will come back. We’ve seen year over year, our Quick Lane dealers continue to perform better. That’s one of the reasons we at Ford are so bullish in support of Quick Lane.”
As a network, non-Ford vehicles account for about 25% of the services carried out at Quick Lane centres. However, at some dealers this can reach up to 80%. The potential for conquest sales in such an instance is huge: “That Quick Lane dealer has those customers coming in that he can market a new car to. That’s a big advantage to our dealer network,” said Cape.
Involvement in the service side of things also provides a constant revenue stream compared to the more cyclical car market. A recent study from McKinsey, ‘Innovating Auto Retail’, found that less than 20% of dealer margin in the US came from new car sales – the remaining margin came from services and parts and used car sales.
Cape explained: “It’s very similar to our dealership fixed operations business, which is very stable. It’s a great revenue source for that dealership and Quick Lane is no different. Our dealer operators say it gives them another revenue stream so they can manage their cash flow. Every day they have couple thousand dollars of revenue that they’re taking in. It’s a very stable business, unlike maybe the new car market that can be cyclical.”
In early February, Ford opened its 700th Quick Lane centre in the US, located in Texas. Last year, the business reported record sales of nearly US$800m. Expansion is also under way in Europe, where there are three facilities in operation in the UK, with two more coming up. By the end of the year, Ford plans to add 25 more sites to the UK. Unlike the US facilities, these UK locations and any future European ones will also offer official annual vehicle check services.
Elsewhere, centres are also operated in the Middle East, Central American/Caribbean, Asia Pacific, Canada and South America. In the next three years, Ford is aiming for a total of 1,000 locations globally. “That’s our goal,” confirmed Massimo Pasanisi, Executive Director, Operations for Customer Service, Ford of Europe. “We’re adding 50 to 75 per year globally.”
That’s a substantial growth outlook for a company previously heavily focussed on the sales end of the business. “It’s just a successful context that works in every market,” said Toney. “The whole ‘easy in, easy out’ for service is in demand. And we’re meeting that demand.”
While the company is optimistic of the opportunities that lie ahead, Toney admits there are certain challenges to future growth and profitability: “The challenges will be the same we always face – making sure there’s a right business proposition for the customer, for the dealer and for Ford.”
For instance, expansion plans in expensive, urban cities like London pose a challenge. “When you get into places like London with limited space, then the cost of acquiring property is always a consideration. One of the things we’re doing as a global team is to have a flexible approach to facilitate a Quick Lane outlet,” explained Toney.
There is also the likelihood of new players appearing on the scene. Where Ford has had such success, others may wish to try their hand as well. “There’s intense competition presently,” said Toney. “We expect other OEMs will try to do the same thing that we’re doing. Frankly, that’s the way of the world. We embrace competition. It’s all about how you treat your customer that’s important.”
Both product and service provider
Gradually, Ford as a brand is developing as both a service and a product provider. “We see the brand developing very nicely where we’re going to be providing a full family of vehicles, smart sales and service programmes and investing in the communities that we serve all across the world,” said Toney. “We see everything coming together very nicely in terms of retention and development of those customers.”
The McKinsey retail study also highlights the importance of a strong synergy between OEMs and their dealer network. The study’s authors note: “OEMs will continue to require a strong dealer network – to serve as local brand ambassadors and provide cus¬tomers with high-quality vehicle maintenance and service in a convenient location.”
As the market evolves, Toney remains open to evolving with it. So far, the focus at the Quick Lane locations has been on areas like tyres and brakes, but this could change as vehicles take on increasing levels of electronics. In the future, Toney conceded that an expansion into new areas was possible, provided it was kept to a basic level.
Overall, Toney remains optimistic on Ford’s investment in the service side. “Selling the car is just the beginning. Retaining customers is about how well we take care of them in the service side,” said Toney. “It allows us to compete with our competition, who actually do this quite well. We’re trying to outperform them, and we’re doing a nice job of it.”


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London: Wondering how to shed those extra kilos? Then eat an egg for breakfast, a new study suggests.According to researchers from the University of Connecticut, eating eggs for breakfast helps reduce calorie consumption throughout the day by up to 18 percent. The protein-rich food makes the stomach feel full for longer, cutting the desire to eat more.
"We examined two typical breakfasts, and the participants` self-reported appetite ratings reveal that a protein-rich breakfast helps keep hunger at bay," Fernandez added. IANS


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Multinational companies say billions of dollars in revenue and profit are at risk from recent currency fluctuations triggered by escalating tensions between the U.S. and its trading partners.
The Chinese yuan last week touched a new one-year low against the U.S. dollar. The euro gained 0.98% against the dollar over the past six weeks but has retreated 2.50% against the greenback since the start of the year. In the past month, the buck has rallied 1.03% against the yen and lost 0.97% against the Canadian dollar.
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Nike Independence Day Savings: Up to 60% off hot summer gear
- Dick's Sporting Goods:
10% off sitewide - Dick's Sporting Goods coupons


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DAILY Roundup | Parents fight woke schools, Ottawa protest hypocrisy, Roseanne on Communist Canada
On today's show, we're looking at how parents are starting to push back against the woke indoctrination coming from our public schools.
Plus, it's perfectly a-OK to protest in favour of the Trudeau government's online censorship by parking a truck in downtown Ottawa.
And finally, Roseanne Barr made a recent appearance on a comedy show, where she took digs at Canada for being communist.
Rebel News: Telling the other side of the story. https://www.RebelNews.com for more great Rebel content.
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Don't try finding a Cohesity engineer or their families in Silicon Valley this week.
The Santa Clara hyperconverged storage startup's CEO Mohit Aron took them to Hawaii, the first of two such trips to the islands for the company's 110 employees.
The 50 engineers who worked for about two years in stealth on Cohesity's product were the first ones to go. The 60 members of the sales and marketing team and their families go in February.
It's been a very good year for Aron, who co-founded San Jose-based Nutanix before leaving in 2013 to found Cohesity. His stake in Nutanix (NASDAQ:NTNX) was worth nearly $400 million after it went public at the end of September. The stock has dropped by about 29 percent since then.
Cohesity started selling its product about a year ago and revenue has reportedly more than doubled quarter over quarter for the past two quarters. It has also reportedly doubled the number of customers it serves.
That is reportedly why it is celebrating.
One can only assume that the company's venture backers, who have invested $70 million in two rounds of funding, are OK with that. They include Accel, Artis Ventures, Battery Ventures, Sequoia Capital, Trinity Ventures, GV (formerly Google Ventures) and Wing Venture Capital.


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- 1 min read
WatConsult launches 'Bharat by WatConsult' for multilingual digital needs
The agency said it is a one-stop solution to help brands drive holistic multilingual digital marketing needs…
With the rapid growth in regional language users online, there is a strong need for the digital space to become more diverse in terms of language. Through this new introduction, the agency aims to help brands shape and sharpen their approach towards leveraging this multilingual digital opportunity, it said in a press statement.
Also Read: Did Fortune Rice Bran slip up?
The agency will be offering a holistic capability stack for local languages on digital, which includes creative digital content solutions, social media management, online reputation and response management, technology solutions for localisation, SEO and websites. Additionally, it will also consist of e-commerce and media planning and buying solutions.
Heeru Dingra, chief executive officer, WatConsult, said, “India has always been known for its diversity. It has hundreds of major languages and many times more dialects. It only stands to reason that this linguistically diverse population, which is coming online in spades, gets a digital space that reflects this diversity. With people from the tier II & III cities gradually making up a major part of the online audience, a vernacular approach isn’t just an add-on anymore, but rather a necessity. Our vision is to empower every brand to make a meaningful connection with digital India in the language that’s best to connect in.”
Click here to know all about Digiplus Conclave 2021 and India Digiplus Awards 2021


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Even before 2020-21 upended the food and beverage market, most brand owners had already recognized the writing on the wall regarding sustainability. But companies must battle conflicting currents when navigating these choppy waters.
Today’s consumers are more discerning than ever before. They have high expectations for the quality of their products and equally high expectations for the companies they support. Companies must be responsible global citizens if they want to hold on...
Research shows – and experts agree – that implementing purchasing collaboration and accounts payable automation are big priorities for mid-market food manufacturers.
As technology has advanced and populations have expanded, so has the supply chain that produces food, beverages, and ingredients worldwide. That growth has been accelerating exponentially over the last two decades.


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N&P (Norwich and Peterborough Building Society), has launched online versions of two of its most popular savings accounts - Regular Saver (paying 4% including bonus), and Family Regular Saver (paying 5% including bonus).
Nationwide has launched a new online savings account, MySave Online Plus, that aims to provide long term good value and allows customers to access their savings should they need to.
NatWest is to introduce a highly competitive bonus to its E-savings account, offering an online market-leading rate to new customers, of 2.85% for 12 months.
The four million Britons who don't have internet access are missing out on the best rates for financial products, according to an investigation by Which?
Over half (51%) of Brits never leave home without their mobile phone with 44% claiming they couldn't live without it, according to research from BM Savings. In fact, a quarter (26%) of Brits confessed they would worry they would miss a call if they forgot their mobile.
From today Alliance & Leicester has increased the rate on its Online Saver Issue 7 for new and existing customers. The account will now pay a highly competitive 2.81 per cent gross/AER with a minimum opening balance of £1,000 and penalty free instant access available online.
Allianz Corporate Partner has secured a three-year deal with First Direct, part of HSBC Group, to provide mobile phone insurance for First Direct's 70,000 account holders as of 1st June 2010.
A new mobile phone service enabling UK customers to text for their credit card information has been launched by MBNA.
The Government is taking the fight to fraudsters, criminals and rogue traders who use the internet and email to con consumers.
It is just 12 years since internet banking began, but its popularity has grown so much that, in the first half of 2009, 22 million adults used internet banking on their main current account.
Ori Eisen, Chief Innovation Officer at 41st Parameter, highlights seven 'online sins' which, if addressed, can deter the use of stolen credit cards and reduce identity theft and fraud.
The Payments Council has created an online, interactive map to demonstrate the varied payment attitudes, preferences and behaviours that can be seen in the different regions across the UK.
Santander's Alliance & Leicester is re-introducing its £100 cash bonus for those switching to its Premier Current Account.
It’s a simple case of Mouse to Mayhem when the growing trend to shift money online has led to the next generation of theft that could cost 20 million online banking users a staggering £439m, and not even the Ombudsman can help get it back.
Leeds Building Society has re-launched its easy access online account paying a variable rate of 3.05%, combined with unlimited withdrawals at any time without notice or penalty.
61 to 75 of 98 for Online Banking


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Australia`s oil refiners are being forced into drastic action by the continuing slump in refining margins in Asian markets.
Within a week of each other, Caltex Australia Ltd. and then Mobil Oil Australia Ltd. said that there would have to be cuts in production levels at their facilities.
Caltex Managing Director Ian Blackburne has warned that the company`s first-half profit will be below the $40.3 million (Australian) it reported in first half 1998 because the fall in refining margins means it was unable to cover costs. He said benchmark Singapore refining margins averaged $1.16 (U.S.)/ bbl in May across all petroleum products. Some of those products were being produced at a loss at that time.
Caltex is "rigorously reviewing" its operating costs and will cut spending. The deterioration in industry conditions means that it will continue cutting output, although the company has not said at what level it will run its Australian refineries.
Mobil has taken the step of reducing its forward crude oil purchases for the next few months, as it prepares to cut output from its two Australian refineries by about 10%.
Shell Australia Ltd. has not yet changed its operating schedule, but the company is urgently reviewing its figures and may have to scale down its Australian throughput. BP Australia Ltd. also has its local production under review, saying that, if refining margins go any lower, it will reach a stage where it is cheaper to import petroleum products than refine them in Australia.
The problem stems from a number of new refineries coming on stream in Asia (particularly in India and Taiwan), with analysts predicting a 4%/year rise in refined products supply for the next 2 years. Demand is unlikely to keep pace, and there is a growing glut of cheap product available in the region.
All four companies say their international parents are reluctant to make further investments in Australia unless the local subsidiaries are allowed to merge their operations or strike product alliances.


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Cider maker Zeffer crowdfunds for move to Hawke's Bay
A Kiwi cider producer is hoping to raise $1.2 million to fund its move to Hawke's Bay — where the heart of its produce comes from.
Zeffer launched a crowdfunding campaign on Wednesday, marking the beginning of its hope to become a global brand.
The company wants to move to Hawke's Bay to save more than $200,000 a year it spends on delivering freshly crushed apples to Auckland.
On top of that, the company wants to focus on two key export markets - China and Thailand.
If the campaign is successful, new shareholders will own 21 per cent of the company.
Zeffer has 30 days to attract the investment. In just over 24 hours, 118 investors had pledged more than $600,000.
Zeffer sales and marketing director Josh Townsend said cider was one of the fastest growing alcohol categories in the world, so the company had decided to focus on two key export markets.
"Mainstream beer brands have stalled in recent years as consumers have become more educated and demanding of more premium or craft beers. We believe the same trend towards premiumisation will emerge for cider.
"Whilst cider is still a relatively new concept for China and Thailand, we've noticed its now really starting to take off," Townsend said.
"Given their respective free trade agreements, climates, burgeoning middle class and their demand for craft beverage now booming, it presents massive opportunities for us to capitalise on."
Zeffer had teamed up with a "really good" Asian distributor, which would help them tackle the markets they want, he said.
The Zeffer team would head to China and Thailand next month to train local sales teams and appoint three reps, Townsend said.
"We will continue to sell in and explore other international markets as opportunities arise, such as Singapore, but we anticipate the bulk of our export growth over the next two years will come from China."
Zeffer began in 2009, when its cider was being sold in small batches at the Matakana Farmers Market.
Since then, it had grown to become the largest independent cider company in the country, Townsend said.
The company produces more than 300,000 litres of cider every year, which is the equivalent of about 1000 bottles a day. Its cider is exported to nine countries, as well as being sold in New Zealand.
New Zealand would still remain a focus and would become a test market for new products before they were exported, he said.
"Our long-term goal is to grow Zeffer to 10 per cent of the total New Zealand market share in off-premise cider sales, from approximately 1 per cent — 2 per cent currently.


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There are reports this morning that the Google-Facebook duopoly in online advertising may be breaking up. According to a study published Tuesday by AssumeApple is gaining ground in digital ads, while Google and Facebook seem to be losing momentum.
A new source of strong revenue for Apple
The study, based on an analysis of the online advertising budgets of more than 100 consumer app companies, shows that Apple’s advertising business benefited from the major iOS 14.5 operating system update in April 2021, which made it harder for companies like Facebook or Snapchat to track users across the internet.
Apple’s search ads allow people to advertise on the iPhone maker’s app store. Q2 advertiser adoption increased nearly 4 percentage points from a year earlier to 94.8%, while Facebook adoption declined 3 percentage points to 82.8%, according to Appsumer. Google’s rate fell by 2 points to 94.8%.
Apple has “joined the duopoly of Facebook and Google at the head table of advertiser adoption,” according to Appsumer, a company owned by InMobi.
Shumel Lais, chief executive of Appsumer, attributed Apple’s improved position to an increase in app developers willing to shell out big bucks to boost downloads.
In terms of app developers’ overall spending on online advertising (share of wallet), Google remains in the lead with 34%. Facebook is second with 28%, followed by Apple with 15%.
Mark Gurman reported late last month that Apple would start displaying sponsored ads in its Maps, Books and Podcasts apps on the iPhone in 2023. So it would appear that Apple’s market share in search ads is likely to increase beyond its current 15% in the period 2023-2024.


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Volkswagen is getting ready to unveil the new 2015 Passat sedan and has released this teaser image to get people talking. The image gives little away, aside from some distinct front end details.
As the image shows, the new model will feature a more sporty front end with a sloped grille section and swooping headlights. The headlights themselves also look vastly updated with Audi-like LEDs incorporated within.
Volkswagen has previously revealed the new model will be significantly lighter in weight than the outgoing model, mainly thanks to a hot-formed steel and aluminium construction. It will also be slightly smaller in overall exterior dimensions but slightly larger inside.
Like the current Passat, the new model is set to showcase all of the latest technologies from Volkswagen. Some features will include a fully digital 12.3-inch instrument cluster, an advanced exterior camera and view system, and plenty of safety gizmos like adaptive cruise control and lane keeping assist.
Under the bonnet, a new twin-turbo diesel 2.0-litre four-cylinder will be on offer. It produces 177kW of power and a whopping 500Nm of torque. The huge torque should see very impressive economy and performance figures as a result.
Volkswagen will unveil the new model in full in July.


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Putting Data Breaches to WorkBy Samuel Greengard Print
To deal with security issues, seek out analysts and experts with the right knowledge, skills and sensibilities to lock down your data and protect your customers.
It turns out that the extremely sorry state of enterprise data security has a silver lining: It's likely to generate a lot of new jobs that could stimulate the economy. As retailers such as Target, Neiman Marcus and Michaels—the latest in a long line of businesses reeling from large-scale breaches—attempt to right the enterprise ship, they're likely to look for more and better data experts, according to John Challenger, CEO of outplacement firm Challenger, Gray & Christmas.
That's good news, if it actually leads to some type of substantive change. Obviously, the current breach du jour is news only because it involves consumers, and there's no way to duck out of public reports about stolen data, including credit and debit card numbers.
It doesn't take a rocket scientist to figure out that there are likely numerous data breaches that involve other types of sensitive corporate data. Because these cases don't directly affect consumers, they fly below the news media radar.
Clearly, something has to change. Security is now front-page newspaper and television news. Breaches and breakdowns are making life increasingly miserable for consumers as well as businesses.
The reality is that in the rush to get products out the door and maximize sales, many firms approach data security as if it were a lighthearted musical comedy rather than a real-world drama. Many security experts argue that most breaches are entirely preventable, if businesses and others are willing to commit the necessary money and resources to fix the problems.
Here's the bottom line: If the business world doesn't get its act together soon through better industry standards and self-imposed governance, it can expect plenty of government regulations to follow. As Challenger explains: "Wide-scale, comprehensive data protection laws do not exist yet."
However, U.S. Attorney General Eric Holder is now investigating Target, and a spate of class action lawsuits have emerged. In addition, banks and other institutions that are forced to provide customers with new credit and debit cards are increasingly seeking financial redress from negligent retailers.
So, yes, hire like it's 1999! But at the same time, think about the problem far more dimensionally and seek out security analysts and experts with the right knowledge, skills and sensibilities to lock down your data and protect your customers.
The current state of affairs is unsustainable. Pay now or pay later.
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Amazon plans to expand its popular one-day shipping to more ZIP codes and products, the company said late last week as part of its earnings report.
Amazon will shift its free two-day shipping for Prime members to one-day shipping starting in the second quarter of this year, at a cost of $800 million, Chief Financial Officer Brian Olsavsky said Thursday on a call with analysts.
“We’re able to do this because we’ve spent 20-plus years expanding our fulfillment and logistics network, but this is still a big investment,” he said.
The one-day, same-day and one- or two-hour delivery options have been available for shoppers before now, but Amazon is moving the core two-day offer for Prime members to a one-day option. It’s already significantly expanded to new ZIP codes and in products in the past month, Olsavsky said.
It’s unclear when the change will be fully implemented, but some Dayton, Ohio, ZIP codes recently gained access to the free one-day shipping as well as the option to pick an “Amazon Day,” where Prime members can choose a day of the week for their packages to arrive.
Download the new AJC app. More local news, more breaking news and in-depth journalism.


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Written by: Soumya Sekhar
Cox Communications has announced the integration of Netflix on Comcast’s “Contour” set-top boxes. Cox customers can now access Netflix from their Contour 2 receivers. Netflix can be accessed on the device and is supported by its voice remote as well.
Cox Contour announced this nationwide integration at the Internet Association’s Virtuous Circle Summit in San Francisco. Pat Esser, president of Cox, said “Cox has supported Netflix subscribers for years with our high-speed internet service and now we’re improving the experience by adding the Netflix service to the Contour TV guide. Customers want to easily access the content they care about – across sources – anytime, anywhere; we’ll continue to look for more ways to improve the video experience.”


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DENVER (CBS4) – More short-term businesses are coming to Denver’s Larimer Square as long-term tenants close up shop due to the coronavirus pandemic. BusinessDen reports more “pop-up” shops are opening in the area, partly because of the uncertainty businesses face in this climate.
Some of the new shops include Garage Sale, Mammut and Milly Rose Designs. More are opening soon.
Notably, Farmer’s Market will open in the space which once held the beloved The Market at 1445 Larimer Street. It will reportedly be similar by offering products from multiple artisans. The popular coffee shop served the community for 37 years.


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The Horsham district has been struck by a spate of ram raids with tens of thousands of pounds stolen from several village businesses.
Three ATMs have been ripped from walls in villages across the district since the spring, destroying parts of shops and forcing a bank to close.
Billingshurst Sainsbury’s saw its store badly damaged as thieves used a stolen JCB to remove a cash point from a wall in the early hours of this morning (October 12).
Police said it was loaded into the back of a Land Rover and the three suspects drove off. For more on the incident see our previous story: ATM ripped from wall in ram raid at Billingshurst Sainsbury’s
Last month a stolen forklift was used to pull an ATM out of the wall of a Co-op store in Rudgwick.
Glass was smashed at the supermarket in Martletts Corner as the cash machine was yanked out and loaded into a 4x4. Hunt for three after ram raid at Rudgwick Co-op
In April thieves left a trail of destruction as an ATM containing thousands of pounds was hauled out of the wall of Barclays Bank in Henfield.
Around £88,000 was taken in the raid which again was carried out using a stolen JCB. The incident led to Barclays closing the village bank for good. Video: Ram raiders steal tens of thousands as cash machine ripped from wall
It has not been confirmed by police whether these incidents are related and officers said it will ‘form part of the investigation’.


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Now percentage wise it has come down to 60 per cent. We will have to find out ways to provide them job opportunities in their villages so they don't need to leave their homes.
Union minister Nitin Gadkari on Wednesday highlighted the need for policy measures to create jobs in rural areas and check migration to cities for employment. The minister also called for a detailed study to find out ways to skill people in tribal, agriculture and rural sectors, pointing out that skilled manpower was the biggest requirement in the country. Gadkari, who handled portfolios of MSME, Roads, Highways and Transport, was speaking at an industry event here. “Our country’s biggest problem is unemployment…Another issue in front of us is migration.
People are moving from villages to cities in search of jobs. Once (Mahatma) Gandhi said 85 per cent of the population is in villages. Now percentage wise it has come down to 60 per cent. We will have to find out ways to provide them job opportunities in their villages so they don’t need to leave their homes.
And keeping this in mind, making policy will be useful for the country,” Gadkari said. While suggesting some ideas that can help create jobs, Gadkari said in transport there is a requirement of 22 lakh drivers and if driving training schools are opened then a lot of people will be benefitted. He further said more than 25 varieties of honey are produced in the country which can be used in manufacturing of biscuits and other bakery products, there by letting the farmer getting extra income. Nagpur oranges are already being used by Mother Dairy to produce ‘orange burfi’ sweet, a product he said is always out of stock.
The packaging industry can also help in promoting local products such as Madhubani paintings from Bihar and silk products from Varanasi in international markets. “The country’s MSME sector has huge potential to create new job opportunities…there is a need to identify the areas where people can be skilled and given jobs…Country’s total 29 per cent growth/GDP comes from MSME sector, 49 per cent export is from MSME sector, till now 11 crore employment opportunities have been created,” he said.
The minister also asked big companies across sectors to run skill development programmes and hire people according to their skills.


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August 02, 2022 As a part of the Union Ministry of Culture’s campaign under the ‘Azadi Ka Amrit Mahotsav’, to mark 75th year of India’s Independence, Har Ghar Tiranga (every household to display the Tricolour) campaign from 13 to 15 August is keeping apparel factories busy in flag making.
In Noida and other parts of Delhi-NCR, hundreds of companies are producing tricolour.
The Uttar Pradesh Government has issued orders of 2 crore flags and out of those around 50 lakh are being produced in Noida alone.Notably, many factories are making flags on war footing, and have to deliver the same on a priority basis.
In some factories, workers do feel a sense of pride as they connect the manufacturing of the tricolour with their love for the country.
The Union Government has urged everyone to hoist flag at home on Independence Day (15 August). Various departments are actively involved to ensure the same happens.
The Assam Government has also announced that 80 lakh tricolour flags will flutter from every household of the state on 15 August. The Government said that the flags will be available in the co-operative stores across the state at a price of Rs. 18 each.
Noble Textiles, one of the largest textile manufacturing units, in Boragaon of Guwahati is also busy ever since it has received orders of making over 5 lakh flags within the 10 August deadline.
The company, making 15,000 to 18,000 flags per day, has so far delivered around 60,000 flags.
Debojani Das, a tailor in Noble Textiles, said“This is for the first time that I am stitching a national flag, but I am never tired of making them. I make around 500 to 550 flags per day.”
Anticipating an increase in demand for tri-colour, traders association is tying up with textile manufacturers across the country to increase the supply of the national flag. The Confederation of All India Traders (CAIT) said that people are already visiting markets in large numbers to buy the national flag tricolour to join the campaign.
The trade body has asked its various state chapters to contact fabric manufacturers in their respective states and push them to make more tricolour flags.
Currently, various sizes of tricolours are available in the market, ranging from Rs. 10 to Rs. 150. To make it easy for people to purchase the national flag, the Cultural Affairs Ministry has suggested sizes of 20″x30″, 16″x24″ and 6″x9″.


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Spokes wins Grand Prix New Product award
Left Field Foods won the Grand Prix New Product Award for Spokes, its better-for-you, air-puffed potato snacks.
The Retail Council of Canada (RCC) presented the prestigious award on Wednesday, May 30th in Toronto, and recognized Spokes as a leader in product innovation in the Canadian (Savoury) Snack category.
“We launched Spokes Air-Puffed Potatoes in the summer of 2017, and we are delighted that the RCC selected Spokes as a Grand Prix winner in the Savoury Snack category. The positive reaction and support of Spokes in the Canadian market is a testament that consumers really do value a great tasting, no-compromise snack that is better-for-you,” stated Dave Pullar, CEO of Left Field Foods in a press release.
The Canadian-made, certified gluten-free, dairy-free, soy-free and egg-free snack is listed as vegetarian and Non-GMO Project Verified. It also states it is free of artificial flavourings and colourings.
Left Field Foods is headquartered in Calgary, Alberta, Canada.
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The Canadian Coffee & Tea Show
September 23-24, 2018


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France will change its Covid rules later this month, including removing Covid vaccination cards for tourists and locals visiting bars, restaurants and hotels.
Image: Getty Images)
Brits are aiming Holidays in France By the end of this month, it will no longer be mandatory to wear a mask – or to need a Covid vaccination card to enter places like bars, restaurants, clubs and museums.
French Prime Minister, Jean Castex, confirmed that the changes will take effect from March 14.
France has some complicated vaccination rules including currently requiring a vaccination pass to enter certain locations such as restaurants, bars and hotels. The rules apply to anyone aged 16 or over, although unvaccinated children aged 12-15 can visit sites with ‘passing hygiene services’ aka Covid testing negative.
From March 14, these rules will be lifted, although some locations will still require immunization cards such as hospitals and care homes.
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Meanwhile, masks will no longer be mandatory from that date. At the end of February, the country lifted the requirement to wear masks in outdoor spaces or places where vaccination cards are required.
As of March 14, this will also be extended to all locations, although face masks will still be mandatory on all public transport in France.
It is worth noting that currently only fully vaccinated Britons can visit France for non-essential reasons such as public holidays and all visitors need to sign a ‘sworn declaration’ in advance. when visiting.
NurPhoto via Getty Images)
The holiday hotspot is one of the 12 countries recently relaxed travel rules for travelers, as it no longer requires vaccinated travelers to take a Covid test before traveling (this applies to anyone 12 years of age or older).
Meanwhile Spain eased its rules for unvaccinated teenagers traveling with vaccinated parents, while Greece announced plan to remove forms before travel for all visits. Iceland took even more drastic action; it is over all its Covid travel rulesmake it one of three countries Britons can visit without any proof of Covid vaccination or testing.
It’s not just short-haul hotspots that are relaxing their rules; Some long-distance destinations are also starting to welcome back tourists.
Do you think countries should phase out Covid tests for travelers? Let us know in the comments below.
https://www.mirror.co.uk/travel/europe/france-scrap-face-mask-rules-26404610 France abolishes regulations on masks and Covid vaccines will be approved by the end of this month


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After months of tweaks, regulators have finalized rules for California’s recreational marijuana industry. The regulations were drafted by the Bureau of Cannabis Control (BCC) and must receive approval from the Office of Administrative Law (OAL) before becoming permanent.
Here are some of the key regulations:
Cannabis delivery statewide
One of the most debated regulations involved cannabis delivery in the state. The California League of Cities and law enforcement groups were opposed to statewide deliveries, arguing that it would undermine local government control and increase crime. However, the BCC decided that the language of Proposition 64 permits statewide deliveries, even if the local municipality bans cannabis.
Packaging and exit bags
Packaging headaches seem part and parcel of the cannabis industry, and California cannabis manufacturers should expect more “regulatory whiplash.” Cannabis manufacturers and growers have until 2020 to ensure their packaging is child-resistant. Until then, dispensaries and retailers will need to place cannabis products in resealable exit packaging.
Revised testing requirements
As of July 1, mandatory testing of all cannabis products, including flower and edibles, were required to undergo testing for pesticides, pathogens, and potency. In the first two months of testing, there was a 20-percent failure rate, which has since dropped to 14 percent. Of the 23,864 products tested between July and November, 2,100 products didn’t make it to shelves because the label overestimated the amount of THC.
Sequoia Analytical Labs surrendered its testing license after state regulators discovered that the company was falsifying test results and not testing for pesticides and other contaminants.
Josh Drayton of the California Cannabis Industry Association said that it’s an “open secret” that some cannabis manufacturers have paid testing companies for favorable results.
“We don’t want to create a pay-to-play system with our testing labs,” said Drayton. “We do need to make sure we get standard operating procedures.”
California was the first state to legalize medical marijuana in 1996, and voters approved Proposition 64 legalizing recreational cannabis in 2016. Adult-use sales began Jan. 1, 2018. Cannabis research firms ArcView Market Research and BDS Analytics estimate that California will generate $4.7 billion in recreational cannabis sales and $300 million in medical marijuana sales in 2019.