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On Thursday, retail sales in the US and jobless claims will be the focus of economic data, and ECB President Christine Lagarde will speak later in the day, while the crisis in European energy prices continued, leading to the first industrial customer shutdowns in the UK.
Europe faces a severe shortage of energy resources, as gas and electricity prices continue to rise at an unprecedented pace. With limited supplies from top suppliers Russia and Norway, Europe is running out of time to stock up on winter supplies before the cold weather begins. Asia is also competing with Europe for liquefied natural gas shipments, buying up cargoes to satisfy its own needs.
In addition, despite four months of increases in car registrations, industry data showed that July and August registrations dropped in Europe, suggesting a global semiconductor shortage affects sales in dealerships across the continent.
The euro investors are also concerned about Germany and the EU without Merkel now that she stepped down after sixteen years as Chancellor.
Eurozone industrial production remained stronger than expected in July. Still, the largest economy in Europe, Germany, is expected to grow at a slower pace this year due to supply chain problems and shortages of raw materials but is expected to rebound strongly in 2022, the DIW stated on Thursday.
DIW lowered its growth forecast for this year from 3.2% to 2.1% but predicted 4.9% growth by the end of 2022 if production constraints ease. Growth will normalize to 1.5% in 2023, according to the report.
EURUSD drops to 1.17700
EURUSD on the 4-hour chart is trading below 34 WMA within a two-week downward channel, and the price is narrowing near 1.17700 firm support at the lower line of the channel, while the Relative Strength Index (RSI) and momentum are heading south.
Should US data hit expectations, the downward movement will likely head towards the next support zone around the March lows at 1.1700.
Events of today
The investors are keeping their eyes on Lagarde's speech due at 15:00 EEST.
Retail sales data for August and weekly jobless claims will be released at 15:30 EEST on Thursday.
Retail sales are expected to have fallen 0.8% in August. In July, retail sales were up 15.8% from the same month last year, showing how strong consumer spending drove an economic recovery earlier in the year.
It is expected that initial jobless claims rose to 330,000 last week from a post-pandemic low of 310,000.
Keep up with the financial markets, know what's happening and what is affecting the markets with our latest market updates. Analyze market movers, trends and build your trading strategies accordingly.


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In May 2016, the European Commission published proposals to prevent companies and online retailers, who sell in or into the EU, from engaging in ‘geo-blocking’ and other geographical restrictions. The European Commission is of the view that geo-blocking undermines online shopping and cross-border sales. According to the Commission, geo-blocking limits the opportunity for consumers and businesses to benefit from the advantages of online commerce. The proposed measures, if passed through the EU law-making process, could become law in 2017. We take a look at some of the key proposals.
What is geo-blocking?
Geo-blocking occurs when companies and online retailers apply certain barriers or impose restrictions on consumers based on their nationality or place of residence. Most internet users will be familiar with geo-blocking in terms of location-based restrictions on TV, music and movie streaming services. Similar restrictions are also seen in online shopping and e-commerce transactions, particularly in instances where a credit card with a specific country address is required.
Prevention is the best cure
Tackling geo-blocking is one of the elements of the EU’s drive towards a Single Digital Market. According to a 2015 European Commission study, only 37% of websites allowed cross-border customers successfully complete an online purchase. Further to this, only 15% of consumers buy online from another EU Member State and only 8% of companies sell cross-border. The European Commission has raised this as a concern, since its goal under the Single Digital Market is to facilitate individuals and businesses seamlessly partaking in online activities regardless of their nationality or place of residence. The proposed measures are seen as a way of removing territorial barriers and fostering online cross-border trade.
Key proposals under the measures
1. Sale of products and services
The proposed measures outline specific situations in which there can be no justified reason for geo-blocking. In certain situations, set out below, customers from another Member State should be entitled to the same access to goods and services as local customers. These include:
sale of products without delivery;
sale of electronically supplied services; and
sale of services provided in a specific physical location.
In such instances, geo-blocking will only be permitted in exceptional situations. According to the proposals, there would need to be strict national or EU laws obliging the seller to block access to the offered goods or services.
2. Access to websites
Another proposed measure is to ban the blocking of access to websites and the use of re-routing without the customer’s prior consent. The Commission believes that this will increase price transparency, as customers will be able to easily cross-reference different national websites. This particular measure will apply to non-audio-visual, electronically-supplied services (such as e-books, music, games and software).
3. Non-discrimination in payments
A further proposed measure is that sellers cannot treat customers differently regarding payments. Sellers remain free to accept whatever payment means they want. However, different treatment is not allowed provided three conditions are met:
payments are made through electronic transactions by credit transfer, direct debit, or card-based payment instruments;
the seller requests “strong authentication” by the customer; and
the payments are in a currency that the seller accepts.
Who does it apply to?
The proposed measures apply to both consumers and businesses. The measures extend to any company or online retailer that sells to customers in the EU, regardless of where the seller is situated. Despite this, it is important to note that the proposed measures which specifically relate to discriminatory terms do not apply to sellers who arrange delivery of the goods.
Despite the broad application of the proposed measures, the following sectors fall outside the scope of the proposals:
Transport services: existing EU transport legislation already prohibits discrimination based on nationality and place of residence for certain types of transport.
Retail financial services: the Commission is planning to deal with this separately in upcoming proposals.
Audio-visual services: facilitating cross-border access to audio-visual services is part of other proposals under the Digital Single Market strategy.
Standby for audio-visual services
The exclusion of audio-visual services, such as films and sports broadcasts, from the proposals is interesting. In 2015, the European Commission raised concerns in respect of licensing contracts between Paramount Pictures and Sky UK. In that case, Sky was contractually obliged by Paramount to block access to Paramount's films, through both Sky’s online and satellite pay-TV services, to consumers based outside its licensed territory (United Kingdom and Ireland). The Commission raised a concern regarding geo-blocking, alleging that the measures were anti-competitive, could eliminate cross-border competition and had the potential to partition the EU’s Single Market. As a result, Paramount was required to enter into commitments with the Commission that it would not impose or act upon such obligations.
What does this mean?
The European Commission expects the proposed measures to increase the levels of cross-border internet transactions. As indicated above, these measures are likely to interact with a variety of other proposals aimed at the development of the Single Digital Market. For now, it remains to be seen whether the proposed measures will be adopted in full or will be subject to amendments. As it stands, however, audio-visual services are excluded and will be dealt with separately. As a result, EU customers accessing such online services from other Member States may still encounter territorial restrictions for some time yet.
For more information, contact a member of our Technology team.
The content of this article is provided for information purposes only and does not constitute legal or other advice.

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Is the hoodie the last true political garment?
“The Hoodie,” the first exhibition to explore the socio-political role of this popular casual wear staple, opened Sunday at the Het Nieuwe Instituut, the Dutch institute for architecture, design and digital culture in Rotterdam, the Netherlands.
The exhibition was curated by writer and curator Lou Stoppard.
In recent history, the hoodie has emerged as a pop-political object, though its origins date back to the 1930s, when it was popularized by sweatshirt pioneer Champion as a sporty workwear item.
Over the years, the perception of the hoodie has evolved. The dawn of the hype-beast and his/her cultural connection with high fashion have rendered this a fashionable wardrobe staple; however, over time, it has also become increasingly associated, via the media, with racial inequality, crime and sometimes deviance.
“Unlike dresses, bespoke clothing and couture, these types of clothing were not really represented in museum collections,” said Stoppard, who was inspired to create the exhibit whilst researching material for Showstudio’s sports wear series.
Exploring intersectional themes, which range from the rise of surveillance culture and facial recognition technology; music and subculture; conversations around androgyny and gender fluidity; and the breakdown of traditional dress codes, the exhibit challenges the viewer reflect on the hoodie’s multifaceted relationship with contemporary culture.
The exhibit also features works from a diverse mix of artists and makers working in photography, film, fashion, and other media. Rick Owens, Campbell Addy and more, are among the dynamic creatives highlighted by this exhibit through garments, printed matter, digital footage, social media posts and other cultural artefacts.
A digital magazine devoted to the show features commissioned interviews and visuals and will also be available at the exhibit, alongside a series of workshops and talks.
The exhibition will run until April 2020.


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Shares of Chewy Inc. (NYSE: CHWY) have jumped over 88% since the beginning of this year and over 13% in the past three months. The company reported second quarter 2020 earnings results a day ago that exceeded Street expectations, and raised its sales guidance for the full year of 2020.
Sales increased 47% to $1.70 billion, driven by increases in active customers and net sales per active customer. Net loss per share narrowed to $0.08 from $0.21 last year. Autoship customer sales increased 45% to $1.16 billion while net sales per active customer (NSPAC) increased 3.2% to $356.
Chewy ended the quarter with 16.6 million active customers, up nearly 38% from the same period last year. Overall customer acquisition rates stayed above pre-pandemic levels and metrics such as basket size, reorder rates and Autoship sign-up were healthy and stable.
The new active customers added in the first two quarters of this year exceeded the total active customers added across the whole of 2019. Based on engagement levels, the company believes these cohorts are likely to be significant in their contribution to future revenue and profitability, with their NSPAC increasing over time to reach approx. $500 by year two and over $700 by year five.
“We continue to monitor the behavior of post-COVID customer cohorts we acquired in Q1 and Q2 for any notable variances against our more mature pre-COVID customer cohorts and are encouraged to observe a high degree of consistency in customer behavior between the two. The Q1 cohorts remained positively engaged and the initial engagement levels of the Q2 cohorts matched their Q1 peers.” – Sumit Singh, Chief Executive Officer
Holiday season and ecommerce growth
On its quarterly conference call, Chewy stated that the rapid changes in retail and ecommerce are likely to rewrite the rules of this year’s holiday and cyber seasons. The company is preparing for the holiday season by expanding its assortment of products as well as making sure its systems, inventory and staff are well-positioned to meet any contingencies that might arise.
After launching gift cards last quarter, Chewy rolled out a service in the second quarter that allows customers to personalize products for their pets, as the pet personalization trend gains popularity.
According to industry data provider Packaged Facts, online pet product sales in the US is estimated to increase by $3.9 billion this year with online sales gaining five points of market share year-over-year to reach 27% of all pet product sales. Chewy’s 2020 guidance has revenue growing around $2 billion year-over-year at the midpoint, which would mean the company could capture over half of the total forecasted growth of online pet product sales this year.
For the third quarter of 2020, net sales are expected to grow 38-40% year-over-year to $1.70-1.72 billion. For the full year of 2020, net sales are estimated to grow 40-41% year-over-year to $6.7-6.8 billion. The company expects to deliver around $2 billion of net sales growth in 2020 divided roughly equally between the first and second half of the year.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Visa Inc. (NYSE: V) reported first quarter 2023 earnings results today. Net revenues grew 12% year-over-year to $7.9 billion. GAAP net income rose 6% to $4.2 billion while EPS grew
Intel Corporation (NASDAQ: INTC) Thursday reported a decline in adjusted earnings and revenues for the fourth quarter. The semiconductor giant also provided guidance for the first quarter of 2023. Fourth-quarter
Shares of McCormick & Company Inc. (NYSE: MKC) were down over 5% on Thursday after the company missed expectations on its fourth quarter 2022 results and provided a lower-than-expected earnings


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So a tablet seeker has got many options to choose from (with more, like RIM’s PlayBook) in the pipeline. And then, there is also Notion Ink’s Adam–the much touted iPad killer–which is expected to start deliveries for the first batch of orders very soon. “Next Order stage is starting soon. We are just ensuring that from Mastercard to Banking issues would not be there this time,” blogged Notion Ink CEO Rohan Shravan earlier this week.
And these are the reasons (yes, the ongoing 3G rollouts are another important one) why Apple finally made a ‘hurried’ arrival and is also priced attractively, starting at Rs 27,990.
So could it be worth waiting for more options to be available, especially those powered by Andriod Honeycomb and yes, the dual-core processors?
To make a service inquiry, click http://www.businessandmarket.net/p/your-inquiry.html


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Table of Contents
- The Controversy Surrounding “Asian OnlyFans Leaked” and its Impact on Online Privacy
- The Rise of OnlyFans and its Popularity in Asia
- The Controversy: “Asian OnlyFans Leaked”
- The Impact on Online Privacy and Consent
- Addressing the Issue: Steps Towards Protecting Online Privacy
- 1. What is OnlyFans?
- 2. Why has OnlyFans become popular among Asian creators?
- 3. What are the consequences of leaked content from OnlyFans?
- 4. How can platforms like OnlyFans protect user privacy?
- 5. What can content creators do to protect themselves?
With the rise of social media and the increasing popularity of content subscription platforms like OnlyFans, the issue of privacy and data security has become a significant concern. Recently, there has been a disturbing trend of leaked content from Asian creators on OnlyFans, leading to a heated debate about online privacy, consent, and the exploitation of individuals. In this article, we will delve into the controversy surrounding “Asian OnlyFans leaked” and explore its implications on online privacy.
The Rise of OnlyFans and its Popularity in Asia
OnlyFans, a subscription-based platform launched in 2016, allows content creators to monetize their work by offering exclusive content to their subscribers. The platform gained immense popularity during the COVID-19 pandemic as many individuals sought alternative sources of income. OnlyFans provides a space for creators to share a wide range of content, including adult material.
In recent years, OnlyFans has seen a surge in popularity among Asian creators. Many individuals from countries like Japan, South Korea, and Thailand have joined the platform to showcase their talents, share their stories, and connect with their fans. However, this rise in Asian creators on OnlyFans has also made them vulnerable to privacy breaches and exploitation.
The Controversy: “Asian OnlyFans Leaked”
Over the past few months, there have been numerous reports of leaked content from Asian creators on OnlyFans. These leaks involve the unauthorized distribution of explicit photos and videos that were originally intended for paying subscribers only. The leaked content often circulates on various online platforms, including adult websites and social media.
This controversy has sparked outrage among the affected creators and their supporters, who argue that their privacy and consent have been violated. Many of these creators rely on OnlyFans as a source of income and view the platform as a safe space to express themselves. The leaks not only jeopardize their financial stability but also expose them to harassment, cyberbullying, and potential harm.
The Impact on Online Privacy and Consent
The “Asian OnlyFans leaked” controversy raises important questions about online privacy and consent. It highlights the vulnerability of content creators, particularly those in the adult industry, to privacy breaches and exploitation. Here are some key insights into the impact of this controversy:
- 1. Consent and Control: The leaked content from OnlyFans demonstrates the lack of control creators have over their own content once it is shared online. Despite OnlyFans’ efforts to protect user privacy, leaks can still occur due to hacking, breaches, or unauthorized sharing by subscribers.
- 2. Financial and Emotional Consequences: For many creators, OnlyFans is a source of income and a means to support themselves financially. The leaks not only undermine their ability to earn a living but also have severe emotional consequences, including feelings of violation, betrayal, and loss of trust.
- 3. Stigma and Discrimination: The leaked content often perpetuates harmful stereotypes and prejudices against Asian creators. It reinforces the objectification and fetishization of Asian individuals, contributing to the marginalization and discrimination they face both online and offline.
- 4. Legal Implications: The unauthorized distribution of explicit content is not only a breach of privacy but also potentially illegal. Depending on the jurisdiction, those responsible for leaking and sharing the content may face legal consequences, including civil and criminal charges.
Addressing the Issue: Steps Towards Protecting Online Privacy
The “Asian OnlyFans leaked” controversy highlights the urgent need to address online privacy concerns and protect content creators from exploitation. Here are some steps that can be taken to mitigate the risks:
- 1. Enhanced Security Measures: Platforms like OnlyFans should invest in robust security measures to protect user data and content. This includes regular security audits, encryption protocols, and two-factor authentication to prevent unauthorized access.
- 2. Strict Content Sharing Policies: Platforms should enforce strict policies against the unauthorized sharing of content. This can involve implementing watermarking techniques, tracking mechanisms, and penalties for subscribers found guilty of leaking or distributing content without consent.
- 3. Education and Awareness: Content creators should be educated about the risks associated with sharing explicit content online and the importance of consent. Platforms can provide resources and guidelines to help creators navigate privacy settings and understand their rights.
- 4. Legal Support: Creators affected by privacy breaches should have access to legal support and resources to pursue legal action against those responsible for leaking their content. This can act as a deterrent and send a strong message that privacy violations will not be tolerated.
The “Asian OnlyFans leaked” controversy sheds light on the pressing issue of online privacy and consent. It emphasizes the need for stronger security measures, stricter content sharing policies, and increased awareness among content creators. By addressing these concerns, we can create a safer and more respectful online environment for all individuals, regardless of their profession or background.
1. What is OnlyFans?
OnlyFans is a subscription-based platform that allows content creators to monetize their work by offering exclusive content to their subscribers. It gained popularity during the COVID-19 pandemic as a source of income for many individuals.
2. Why has OnlyFans become popular among Asian creators?
OnlyFans has become popular among Asian creators due to its inclusive nature and the opportunity it provides to showcase their talents, share their stories, and connect with fans. It has allowed many Asian creators to gain financial independence and reach a global audience.
3. What are the consequences of leaked content from OnlyFans?
The consequences of leaked content from OnlyFans can be severe for creators. It can lead to financial instability, emotional distress, harassment, cyberbullying, and perpetuation of harmful stereotypes and prejudices.
4. How can platforms like OnlyFans protect user privacy?
Platforms like OnlyFans can protect user privacy by implementing enhanced security measures, enforcing strict content sharing policies, educating creators about privacy settings and consent, and providing legal support to those affected by privacy breaches.
5. What can content creators do to protect themselves?
Content creators can protect themselves by being cautious about the content they share online, understanding privacy settings, watermarking their content, and seeking legal support if their privacy is violated.
With over 15 years of experience in content strategy and digital marketing, Johnathan has established himself as a leading voice in the world of blogging and online content creation. He holds a Master’s degree in Marketing Communications and has worked with numerous Fortune 500 companies to enhance their digital content strategy.


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It’s the time of year for trying to stick to resolutions for the new year. And, if you’re like most of us, you’ve likely made a resolution to shed a few pounds. But that resolution could be tested on your next plane ride.
Food on board planes has gotten healthier, according to an annual study by Charles Platkin, Ph.D., founder of DietDetective.com.
According to Platkin, the average airline food item was 388 calories last year; this year it’s dropped to 360.
He sees this small change as indicative of a larger trend.
“When I started doing this yearly study in 2000, the meals were free, and they were very, very high in calories, and very unhealthy,” he notes. “Now, of course, you buy your meals on planes, and they often come in snack boxes with individually wrapped items, so they’re easier to parcel out
“But the change is more than that. Six years ago, it wasn’t uncommon for airline meals to be huge . . . better for six people than one, a single portion containing 1,100 calories! Today, although the food often is still unhealthy, it’s generally sold in appropriate portion sizes.”
How healthy the food is varies from carrier to carrier. The top two North American carriers, according to the study, are Virgin America and Air Canada.
“Air Canada has even hired an outside company to focus on helping them with the nutritional value of their offerings,” he notes. “And Virgin America is doing a fantastic job with their meals. Truly fantastic! All you have to do is go to the airline’s website, and you will see the nutritional information for its Travel Light menu. This year, they also introduced ‘Flight Bites,’ featuring fresh salads.”
Alaska Airlines came in a close third.
At the bottom of the nutritional ladder were Allegiant Airlines and Spirit Airlines, although Platkin calls the performances of soon-to-be-partnered airlines US Airways and American Airlines “sub-par.” He notes that the offerings of both United and JetBlue are improving.
The best strategy for those trying to get to, or maintain, a healthy weight is to bring one’s own food onboard, not rely on food supplied by the airlines.
“But don’t just bring snacks!” he warns. “You’re better off bringing mini-meals. People forget that a two-hour flight really means four hours, or more, at the airport and on planes. So you want something that will satisfy you.”
He recommends cutting sandwiches into quarters or bringing meals portioned into smaller sizes so you can eat them in small doses throughout the course of the journey.
Doing this isn’t just healthier, it may make travelling less stressful.
“Food affects how you feel,” says Platkin. “Usually air travel is a whole day, so if you have a week’s vacation, two of the seven days could be spent getting there and back.
“Eating well and treating yourself well will increase your likelihood of having a good time on the road.”
Pauline Frommer is the creator of Pauline Frommer’s Travel Guides.


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|By PR Newswire||
|October 19, 2016 09:09 AM EDT|
LAS VEGAS, Oct. 19, 2016 /PRNewswire/ -- Diebold Nixdorf will be demonstrating its transformative connected commerce solutions at Money20/20, the largest global event focused on payments and financial services innovation, Oct. 23-26 in Las Vegas. In booth #2635, Diebold Nixdorf's innovative solutions come together to provide a 360 degree view of the future of consumer transactions for both retailers and financial institutions.
Following a "day in the life" approach, booth visitors will go on a journey to the future of consumer transactions in both retail and financial institution settings. In the retail experience, the consumer journey starts at home and continues on to the grocery store, a clothing boutique and ends the journey at a license bureau:
- Connected Shopper: a mobile-enabled shopping experience that starts at home utilizing voice services to build a shopping list and follows the consumer through the in-store shopping experience to checkout using the innovative TPiSHOP software platform and Mobile-Enabled Self-Checkout Concept that was unveiled at the National Retail Federation's (NRF) BIG Show earlier this year.
- Connected Retailer: a stop at the local clothing boutique where the consumer uses Diebold Nixdorf's MyRetail Cloud POS solution enabling a tablet to be used as a point-of-sale (POS) device for small and medium-sized retailers to complete transactions.
- Connected to Cash: ending the journey with a stop at the license bureau, the consumer uses a new Extreme ATM concept to get cash. At just under 10 inches (25 centimeters) wide, the Extreme ATM concept challenges traditional automated teller machine (ATM) design and fits perfectly in any environment. With integrated ProxToMe Bluetooth proximity technology, a consumer can use their Bluetooth-enabled mobile device to authenticate themselves, tap their mobile device at the ATM and complete their transaction.
In the financial experience, the journey begins and ends with a focus on delivering the ideal consumer experience:
- Connected Insights: shows how collaboration and data analytics expertise can assist with solving challenges. Featuring a case study with Banco Popular, Diebold Nixdorf's advanced analytics capabilities are enabling financial institutions to have a complete view of the self-service channel and improve ATM uptime by anticipating maintenance needs.
- Connected Transactions: explores how increasing the mobility of branch staff enables the financial institution to strengthen relationships with critical growth segments, like small and medium-sized businesses.
- Connected Services: "always on" is at the center of Diebold Nixdorf's service philosophy. A unique, virtual reality adventure shows how we are bringing this philosophy to life.
"As a leader in connected commerce, we enable our customers to transform their businesses by changing how consumers shop and connect with their money now and in the future," said Andy Mattes, chief executive officer, Diebold Nixdorf. "By leveraging solutions and talent from the combined Diebold and Wincor Nixdorf organizations, we have the scale, strength and flexibility to help our customers stay ahead in this rapidly changing and "always on" world."
Diebold Nixdorf will also be showcasing its unique omnichannel approach to promote and load card data into a digital wallet. By utilizing Diebold Nixdorf's fast, convenient and secure card onboarding process, XPRESSION™ SafeLoad, issuers could benefit from significantly reduced card fraud during the critical card onboarding process. The innovative solution will be demonstrated in booth #3215.
Additionally, AEVI, a Diebold Nixdorf subsidiary, will be showcasing its secure, cashless payment solutions together with a global marketplace for high-quality, value-added apps and services for merchant banks and acquirers in booth #1221.
About Diebold Nixdorf
Diebold Nixdorf is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world's top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an 'always on' and changing consumer landscape.
Diebold Nixdorf has a presence in more than 130 countries with approximately 25,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol 'DBD'. Visit www.DieboldNixdorf.com for more information.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/diebold-nixdorf-debuts-end-to-end-connected-commerce-solutions-at-money2020-300347535.html
SOURCE Diebold Nixdorf
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
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Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
Feb. 25, 2017 12:45 PM EST Reads: 2,814
Column Technologies exhibited at SYS-CON's @DevOpsSummit at Cloud Expo, which took place at the Javits Center in New York City, NY, in June 2016. Established in 1998, Column Technologies is a global technology solutions provider with over 400 employees, headquartered in the United States with offices in Canada, India, and the United Kingdom. Column Technologies provides “Best of Breed” technology solutions that automate the key DevOps principals and help our customers meet today’s DevOps and Dig...
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@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ca...
Feb. 25, 2017 12:15 PM EST Reads: 13,251
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Feb. 25, 2017 12:15 PM EST Reads: 1,844
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Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Feb. 25, 2017 11:45 AM EST Reads: 1,580
DevOps and microservices are permeating software engineering teams broadly, whether these teams are in pure software shops but happen to run a business, such Uber and Airbnb, or in companies that rely heavily on software to run more traditional business, such as financial firms or high-end manufacturers. Microservices and DevOps have created software development and therefore business speed and agility benefits, but they have also created problems; specifically, they have created software securi...
Feb. 25, 2017 11:00 AM EST Reads: 3,877
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
Feb. 25, 2017 10:45 AM EST Reads: 2,542
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, will discuss new ways of thinking and the approaches needed to address the emerging challenges of securit...
Feb. 25, 2017 10:30 AM EST Reads: 1,729
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
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As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
Feb. 25, 2017 10:00 AM EST Reads: 2,136
In his session at 20th Cloud Expo, Chris Carter, CEO of Approyo, will discuss the basic set up and solution for an SAP solution in the cloud and what it means to the viability of your company. Chris Carter is CEO of Approyo. He works with business around the globe, to assist them in their journey to the usage of Big Data in the forms of Hadoop (Cloudera and Hortonwork's) and SAP HANA. At Approyo, we support firms who are looking for knowledge to grow through current business process, where even...
Feb. 25, 2017 10:00 AM EST Reads: 916
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions with...
Feb. 25, 2017 10:00 AM EST Reads: 7,734


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Blog: Bird's up for grabs
Catherine Sleep | 16 November 2004
Kraft Foods is looking to offload Bird’s Custard. I bet many of our non-UK readers have never even heard of the brand, and I feel it’s very important that you understand its significance over here. Personally I can’t stand custard, but I am in a very small minority in this, and to many British consumers Bird’s IS custard and none other will do!
A number of players could be keen to pick up such a strong brand, albeit one that has no pretensions to international success. It would be a tasty little acquisition for the right purchasers; Associated British Foods and Premier Foods have been mooted as potential buyers. That said, would-be purchasers might well attempt to break Bird’s away from the other brands Kraft has put on the auction block, which include the rather less iconic drippy dessert product Angel Delight.
Perhaps the true surprise in this news is not that the brand is up for sale, but that it ever went out of UK hands in the first place. It was invented in the 1830s by Alfred Bird, a Birmingham pharmacist. Bird’s wife was allergic to eggs, so he invented an egg-free custard for her… and the rest, as they say, is history. Little known fact for you: Alfred Bird is reputed also to have invented baking powder and thereby revolutionised home baking. So, an all-round good bloke.
Ask any FMCG executive to list the trends shaking up the sector and digital and e-commerce will be pretty high on the list. Drill down into that and Amazon will be one of the subjects in the digital s...
Since Theresa May took over as UK Prime Minister in the wake of the country's referendum vote to quit the European Union, she and her ministers have been at pains not to divulge their negotiating posi...
Greenpeace's long-running campaign against UK tuna brand John West, owned by seafood giant Thai Union, is now directing its fire against Sainsbury's....
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11:30 04th Aug, 2016
Xiaomi Plans Multiple Launches Around Diwali This Year | TechTree.com
Xiaomi Plans Multiple Launches Around Diwali This Year
With Diwali being the time for shopping, Xiaomi is looking to cash in big with several product launches around the time.
If you are a Xiaomi fan, the Diwali season this year will indeed be a bonanza; the company is planning on new launches during that time to ensure that the festive season is utilized to the fullest. Not just new handsets, the Chinese phone maker is looking to expand its product categories in India as well, offering value for money products across segments. This move is mainly to reduce the timeline between product launches, especially in India which happens to be the company's biggest market outside China, reported Economic Times.
To ensure service and product delivery is perfectly taken care of, Xiaomi is also hiring a lot of people across functions. With the new product launches fixed around Diwali, there will be a strain on the resources to provide the level of service they are known for and ramp up the production process to keep up with the sales numbers. Amongst categories, one could see the Mi Box (turns any TV into a smart TV), routers, air and water purifiers, drones, laptops, and even smart rice cookers, being launched during the festival season.
Manu Jain, Head of Indian operations at Xiaomi mentioned, "We're considering launching some of these products in India. It purely depends on how ready the market is and also our capability of giving availability and after sales service.” That is the reason the company is hiring across product categories, where different teams will be designated for sales, marketing, after-sales and technical support in each category since the logistics and expertise needed are different.
Xiaomi is crunching some serious numbers in India as well. Launched in July 2014, the company now sells in excess of 1 million per quarter; this year the Redmi Note 3 has been the hottest selling product, with 1 million units having being sold since mid-March and 600,000 units in the 2 months prior to that. The company managed to sell 150,000 units of the Redmi 1s and 150,000 powerbank units during its first Diwali outing, and their numbers last year were very similar.
Manu Jain also spoke of the Diwali sale from Xiaomi, speaking about the plans, saying "We're considering launching some of these products in India. It purely depends on how ready the market is and also our capability of giving availability and after sales service." There are also plans for launching both the Redmi 3 editions through an open-sale model on August 9 and August 14. The units are to be made at their plant in Sri City, Andhra Pradesh.
Image via Droidtales.com
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text: One of Platinum Games many stand out titles is the original Bayonetta which launched way back in 2009 in Japan. The folks over at Digital Foundry have decided to revisit the game to see how it holds up on the variety of formats it is now available on. They specifically looked at how the frame-rate is on the Xbox One backwards compatibility versus the Xbox 360, Wii U and PlayStation 3. The verdict from the team at Digital Foundry is that the game is now best played on the Xbox One via backwards compatibility. You can check out the testing of the game, below.


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MINSK, 11 December (BelTA) – Belarus and Moldova will establish a joint bottling venture for Moldovan wine and cognac in Minsk in 2018, Belarusian Deputy Prime Minister Mikhail Rusy noted at the Belarusian-Moldovan business forum on 11 December, BelTA has learned.
“We regard Moldova as a reliable partner. Belarus and Moldova have overcome the decline in trade and economic relations. The bilateral trade has been growing year by year. We think that $200 million in trade in 2017 is a sure thing and we see pretty good prospects in every area of cooperation,” Mikhail Rusy underlined.
This applies to setting up joint assembly plants, founding new mechanical engineering companies, cooperation in road construction, tractor manufacturing, agriculture, and winemaking. “I suppose that we will taste Moldovan cognac bottled in Belarus by the 2018 year-end,” Mikhail Rusy said.More about Economy


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Tech marketplace e2Open takes off
Several of the world's biggest high-tech companies announced today the $200 million launch of e2Open, their long-anticipated Internet marketplace for the electronics industry.
The new marketplace, like other Internet markets or exchanges, will let member companies including Hitachi, IBM, Lucent Technologies, Nortel Networks and Toshiba do business with each other on the Net. The aim of such marketplaces is to reduce the cost of doing business and boost the efficiency of participants.
In related news, e2Open announced that Acer, the world's third-largest PC maker, will become a founding partner of the marketplace.
John Mumford, founding partner of Crosspoint Venture Partners and former acting CEO of e2Open, has been appointed chairman of the new company. Mark Holman, e2Open's new president and chief executive officer, was previously an executive at Solectron.
Founding companies, as well as Crosspoint and Morgan Stanley Dean Witter each contributed an undisclosed share of e2Open's $200 million in funding. The company is currently shopping for office space to house its 50 employees in Silicon Valley.
Meanwhile, a consortium of more than a dozen companies, including Hewlett-Packard, Compaq, Gateway and Advanced Micro Devices, have announced plans for a rival Web marketplace.
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Huawei's sub-brand Honor announced the launch of two smartphones - the Honor 7X and Honor V10 at a launch event held in London in the last week.
Following the global launch, the Honor 7X was released in India at a price point of Rs. 12,999 onwards and went on sale exclusively via the online retailer Amazon India. Now it looks like the Honor fans have good news as there is information on when the Honor V10 will hit the Indian market.
At the time of its launch, the Honor V10 or View10 was likely to be released in the country sometime in January. Now, there appears to be an official confirmation regarding the same. Well, the company has revealed that the Honor V10 will be released in India on January 8, 2018. Even the global availability debuts on the same day.
The Honor V10 was originally unveiled in China in September this year. It is the first smartphone from the brand to feature an AI capable processor. There is a bezel-less display of 5.99 inches with FHD+ 2160 x 1080 pixel resolution and 18:9 aspect ratio. Under its hood, the smartphone equips an octa-core Kirin 970 SoC that is paired with 6GB RAM and 128GB default memory capacity that can be expanded up to another 128GB using a microSD card.
Running Android 8.0 Oreo, the Honor V10 makes use of a dual camera setup with a 16MP primary RGB sensor and a 20MP secondary monochrome sensor at its rear. This camera is touted to incorporate an artificial intelligence engine that offers Real-Time Scene. With this technology, the V10 can identify 13 types of scenes and objects that can automatically adjust the camera settings to render a perfect looking shot. Up front, there is a 13MP selfie camera also with support for AI. The front camera can be used to either click selfies or unlock the device as well.
The Honor V10 has a rear-facing fingerprint sensor as it has a full-screen design. The battery capacity on board is 3750mAh and there is support for fast charging. According to the company, the battery can be charged from 0% to 50% in just 30 minutes. The other goodies include 4G VoLTE, Wi-Fi, Bluetooth, NFC, and USB Type-C.


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Does the Ocado share price fall finally make it a no-brainer buy?
My biggest problem with the Ocado Group (LSE: OCDO) share price is that it’s always seemed too high. But we’re now looking at a 40% fall in the past 12 months, and a whopping 75% crash since the heights of 2020.
Back at the peak, the Covid pandemic was still raging, and investment money was piling into anything related. And home shopping, well, it was a saviour when we were trapped at home and needing to keep ourselves fed and watered.
Demand for the Ocado Smart Platform technology could surely only go through the roof. Except in reality it takes a long time to get warehouses built and filled, and delivery fleets rolling.
The pandemic just wasn’t going to hang around long enough for our entire shopping habits to turn to Ocado-driven retailers. Much of the subsequent fall, it seems, was a justified correction after the Ocado share price overheated.
The fact that, even in the 2020 lockdown year, the company still failed to make any profit hammers that home a bit harder for me.
But we’re now back to pre-pandemic share price levels. The board expects to come close to EBITDA break-even this year. And it’s surely held on to some pandemic benefits for the long term. So is it finally time to buy Ocado shares?
Results for 2022 are due on 28 February, and we have some idea of what to expect. Revenue of £2.2bn is down 3.8% on the previous year. But there’s going to be some pandemic effect there. Compared to 2019, revenue is up an impressive 40%.
Christmas sales increased 15%, with order numbers up 13%. And in the festive period, Ocado hit a record order count in one day of more than 72,000.
If Ocado is hitting the profitability turning point, I think the shares could have a few good years ahead of them. But the recent past has reinforced one key lesson to me. I won’t buy into booming growth stocks in the days before they’re profitable. The majority that started with strong early share price growth in the past decade have fallen back.
But there’s a long-term lesson too. Investors who bought Ocado shares at their 180p flotation price back in 2020 have quadrupled their money. That’s even after the slump of the past couple of years.
So are things looking rosy for Ocado now? Not quite. And though I’m starting to be tempted, I wouldn’t rate it a no-brainer buy yet.
I see inflation and recession as the biggest short-term risks. The company spoke of “headwinds related to inflationary costs … and higher marketing costs“. And while order numbers are rising, basket sizes have been falling — and that damages margins, which are thin to start with.
I wouldn’t buy Ocado shares yet. I think I need to wait a bit longer and keep watching. But it makes it on to my list of possible 2023 buys.
The post Does the Ocado share price fall finally make it a no-brainer buy? appeared first on The Motley Fool UK.
Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has recommended Ocado Group Plc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.
Motley Fool UK 2023


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THE WORLD’S biggest lighting company says it’s adopting the Global Lighting Association’s guidelines on the safe use of UV-C to tackle the coronavirus pandemic.
Signify – which contributed to the drawing up of the measures – says it has already applied these guidelines, in conjunction with other applicable standards, to its new range of UV-C disinfection solutions.
Earlier this year, the Global Lighting Association brought together industry experts and developed guidelines to assist users and manufacturers to ensure that UV-C technology and products are used safely at all times.
These guidelines build on the principles of internationally accepted standards such as IEC 62471, the photobiological safety standard, and they prescribe additional technical and procedural safeguards.
‘Time is of the essence in the battle against Covid-19,’ says Olivia Qiu
chief innovation officer at Signify.
‘UV-C lighting provides a quick, powerful and highly effective means of disinfection. It’s also proven to be safe when it’s designed, installed and used according to safety instructions.
‘By adopting the Global Lighting Association guidelines, we provide a further level of confidence in the safe deployment of UV-C technologies.
‘We urge other manufacturers to follow suit and adhere to these new industry guidelines,’ she added.
Using standardised irradiance measurements and risk group classifications for UV-C products as the basis, the guidelines provide further requirements for applicable technical safeguards.
These could include presence detection, controlled access or containment, as well as detailed guidance on the use of warning labels, user manuals and instructional trainings for the safe use of UV-C technology.
On June 16, Signify and the National Emerging Infectious Diseases Laboratories at Boston University confirmed research results that validate the effectiveness of Signify’s UV-C light sources on the inactivation of SARS-CoV-2, the virus that causes Covid-19.


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Twitter, founded in 2007, is a San Francisco based Company that lets people send 140-character messages, or tweets, to groups or followers. Today, the company has over 100 million active users and is valued in topping $8 billion, even though it has not yet established itself as a money making model.
Co-founder of Twitter, Jack Dorsey, said in January that Twitter’s “business model has been in development for some time and it works.
However, on Thursday Feb 16, 2012 Twitter Inc. launched a brand new service that allows small businesses to buy and place ads on the online messaging platform.
For years Twitter has been looking for ways to innovate and expand advertising revenue through their social network and it looks like they finally stumbled upon something promising. The new ad service will give insight and answer questions about the their business strategy.
Twitter’s main source of advertisement has been on a case-by-case basis utilizing mainly in-house staff sales. The company spent last year developing this self-serve system in order to generate more ad transactions and handle much more volume of ads.
The new service, that has been in testing since last November, launched on Twitter’s website early Thursday. For now the new service is limited to merchants and advertisers who use American Express cards. Twitter plans on opening the service to more cardholders in the months ahead.


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SINGAPORE and SYDNEY, July 19, 2022 /PRNewswire/ — Integral Ad Science (Nasdaq: IAS), a global leader in digital media quality, has today announced four senior appointments in the Customer Success team in Asia-Pacific (APAC) to accelerate further business growth and superior customer service in the region.
IAS has promoted Rob Kay to VP of customer success APAC, Amanda Soh as head of customer success Southeast Asia (SEA), Hong Kong and Taiwan, and hired Andreas Duus Davidsen as customer success account director, SEA and Jessica Reid as customer success account director, Australia and New Zealand (ANZ)
IAS has promoted Rob Kay to VP of Customer Success APAC, Amanda Soh as Head of Customer Success Southeast Asia (SEA), Hong Kong and Taiwan, and hired Andreas Duus Davidsen as Customer Success Account Director, SEA and Jessica Reid as Customer Success Account Director, Australia and New Zealand (ANZ).
The team expansion adds commercial expertise and business support to grow customers in the region — while enabling the global and local brands to navigate digital media quality and maximise their digital investments to drive actual business outcomes.
“Customer centricity is at the core of what we do at IAS. This customer-centric approach has enabled us to retain global and regional clients by providing a consultative partnership that provides long-term value. These appointments will help continue our teams to provide world-class customer service,” said Laura Quigley, SVP APAC, IAS. “These senior roles not only reinforce the importance of APAC in IAS’s growth strategy but will also support the keen understanding of clients’ needs and foster deep integrations with clients’ tech stacks, making IAS the media quality partner of choice in the region.”
Rob Kay, who has been with the company for almost six years and helped build IAS’s programmatic business & agency trading desk relationships across Europe, has now actively built a high-performing customer success team across the Asia Pacific region. In his new role, Rob will continue to lead the regional Customer Success team and build deep relationships with partners to understand their performance criteria better — ensuring the application of IAS solutions complements their investments and helps deliver better brand outcomes. He reports directly to Laura Quigley, SVP APAC.
Amanda Soh, who joined IAS over two years ago, will now take on the role of Head of Customer Success SEA, HK and Taiwan and lead the team driving world-class servicing to one of the fastest growing regions – ensuring efficiency and driving real business outcomes for brands and agency partners. She reports to Rob Kay. Amanda brings a wealth of experience on the agency side. Before joining IAS, she worked with PHD as Associate Director, and before that, she was with Mindshare Singapore as Account Director
Jessica Reid joined IAS as Customer Success Account Director for ANZ where she will be responsible for shaping and spearheading the local customer growth and business development strategy. She reports directly to Chanel Barta, the Head of Customer Success, ANZ. Jessica brings extensive knowledge within the programmatic ecosystem. Before IAS, Jessica was Programmatic Business Director at Havas Media Group, overseeing all programmatic planning and strategy for Havas UK and leading programmatic innovation & best practices for some of the UK’s most prominent and loved brands.
Andreas Duus Davidsen joined IAS as Customer Success Account Director for SEA and is responsible for partnering with global brands and media agency clients to educate them on how to best utilise IAS’s entire product suite to drive media performance. Andreas reports to Amanda Soh. Andreas has worked across regions and has deep knowledge of digital media planning and buying. Before joining IAS, he was Client Director at Dentsu International, responsible for the success of several global and regional campaigns. Before that, he was Associate Digital Director at Havas Media Group.
“I’m thrilled about the growth of our Customer Success team in APAC. It’s a testament to our investment and continued focus on top-notch client service. It’s an exciting time to be a part of the IAS team right now as we continue to innovate and help build a better industry with our agency and brand partners by achieving real business outcomes through understanding and improving their media quality performance.” Rob Kay, VP Customer Success, APAC.
About Integral Ad Science
Integral Ad Science (IAS) is a global leader in digital media quality. IAS makes every impression count, ensuring that ads are viewable by real people, in safe and suitable environments, activating contextual targeting, and driving supply path optimization. Our mission is to be the global benchmark for trust and transparency in digital media quality for the world’s leading brands, publishers, and platforms. We do this through data-driven technologies with actionable real-time signals and insight. Founded in 2009 and headquartered in New York, IAS works with thousands of top advertisers and premium publishers worldwide. For more information, visit integralads.com.


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THURSDAY, Oct. 11 (HealthDay News) -- Leading drug makers announced a voluntary withdrawal Thursday of oral cough and cold medicines marketed for use in infants.
The move affects only "infant" oral medicines, not those intended and labeled for use in children age 2 and older. And it comes as U.S. regulators review the products' safety, following reports of dozens of deaths since 1969.
"The reason the makers of over-the-counter, oral cough and cold medicines for infants are voluntarily withdrawing these medicines is that there have been rare patterns of misuse leading to overdose recently identified, particularly in infants, and safety is our top priority," Linda A. Suydam, president of the Consumer Healthcare Products Association (CHPA), said in a prepared statement.
The move was applauded by health experts in the field.
"Recalling the products until the public and health care providers are fully educated about the safety and effectiveness of these products is the right thing to do right now," said Catherine Tom-Revzon, the clinical pharmacy manager at Children's Hospital at Montefiore in New York City.
She added, "Combination products are dangerous if parents do not know what ingredients are in them and extra doses of single ingredients are given. Children under two are at higher risk for side effects compared to older children. What's worse is that infants can't tell us if their hearts are racing or they are overly drowsy. "
According to the CHPA, the cough and cold medicines that are being withdrawn are:
Last month, U.S. health experts urged the federal Food and Drug Administration to consider banning the sale of over-the-counter cough and cold medicines for young children. The recommendation, from FDA safety officials, would apply to decongestant use in children under 2, and antihistamines in those younger than 6, according to FDA documents.
An FDA advisory panel is scheduled to consider the recommendation during a meeting on Oct. 18 and 19, and will then offer an opinion to the full agency. The FDA typically follows the recommendations of its advisory boards but is not required to do so.
In the safety review released Sept. 28, the FDA experts recommended that all infant cough and cold products be removed from the market. They also recommended that the sizes of the droppers, cups and syringes packaged with products be standardized to reduce the possibility of confusion and overdose, The New York Times reported.


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- Stocks sag as U.S. rate rise expectations revive (Reuters)
- Clinton, Sanders hit final stretch of nominating contest (Reuters)
- Bernie Sanders Wins in Oregon, But He Needed Kentucky, Too (NBC)
- Clinton less than 100 delegates from nomination (The Hill)
- Trump needs 66 delegates to officially clinch nomination (The Hill)
- Japan GDP Rebound Not Enough to Stave Off Stimulus (WSJ)
- Global stocks rise but oil, Fed keep investors nervous (Reuters)
- Janet Yellen: An orthodox economist for unorthodox times (Reuters)
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- Don't Count on an Oil Rally If U.S. Crude Export Ban Is Lifted (BBG)
- Germany welcomes 34-state Islamic military alliance against terrorism (Reuters)
- U.S. soldier Bergdahl may face life sentence in court-martial over desertion (Reuters)
- Tsipras Hardens Greek Stance After Collapse of Talks (BBG)
- Obama Fights to Save Trade Bill (WSJ)
- German Stock Market Pain Seen Just Beginning Should Greece Exit (BBG)
- Russia to boost forces in western flank if U.S. stations arms in east Europe (Reuters)
- Lab Nears Settlement Over Pricey Medicare Drug Tests (WSJ)
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- Draghi Faces EU Court Ruling on 2012 Bond Plan as Greece Teeters (BBG)
- Sex, lies and debt potentially exposed by U.S. data hack (Reuters)
European shares remain lower, close to intraday lows, with the banks and autos sectors underperforming and food & beverage, retail outperforming. Tsipras hardens Greek stance after collapse of bailout talks. The Italian and Swedish markets are the worst-performing larger bourses, the U.K. the best. The euro is weaker against the dollar. Greek 10yr bond yields rise; Spanish yields increase. Commodities decline, with copper, nickel underperforming and natural gas outperforming. U.S. Empire manufacturing, net TIC flows, NAHB housing market index, industrial production, capacity utilization due later.
“What’s going on is the customers don’t have the f***ing money. That’s it. This isn’t rocket science.”
Suppose you could print up counterfeit dollars, euros or yen that were identical to the real things. Fun, you think? Here's how it plays out.
United Parcel Service expects to handle four million returns the first full week of January, up 15% from two years ago as online sales continue to grow as returns "represent a larger percentage of overall sales." As WSJ reports, more than 20% of returns happen during the holiday season - representing $60 billion in merchandise. While returns may be a boon for delivery companies, they are costly for retailers as returns, replacements and damaged goods represent about 10% of revenue. With return rates as high as 50%, one manager explains "'returns' is just a dirty business... Retailers are really losing their shirts on it."
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- Sharpton: Grand Jury Announcement ‘An Absolute Blow’ (Daily Caller)
- Gunshots echo as violence returns to Ferguson, protests across U.S. (Reuters)
- BoJ members warned on costs of more easing (FT)
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- Ukraine leader, under pressure from West, pledges new government soon (Reuters)
- Eurozone Stagnation Poses Major Risk to Global Growth, OECD Warns (WSJ)
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- Levin Hearing Ups Volume in High-Frequency Call to Action (BBG)
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- World Bank Economist: China May Face US-Style Financial Crisis (WSJ)
- Premier Li says no hard landing for China, expects medium to high growth (Reuters)
- Putin Talks Peace With Ukraine Leader After Gas Pipe Fire (BBG)
- Poll Shows Erosion in President's Support (WSJ)
- U.S. mortgage applications plunge in latest week (Reuters)
- Ex-Goldman director goes to prison, still owes $13.9 million fine (Reuters)
What a better way to celebrate the rigged markets that are telegraphing a "durable" recovery, than with a Credit Suisse report showing, beyond a reasonable doubt, that when it comes to traditional bricks and mortar retailers, who have now closed more stores, or over 2,400 units, so far in 2014 and well double the total amount of storefront closures in 2013, this year has been the worst year for conventional discretionary spending since the start of the great financial crisis!
"We never should have painted ourselves so deep in this QE corner in the first place," chides David Stockman, "because the whole predicate [of Fed policy] is false." The author of The Great Deformation holds nothing back in this brief 3-minute primer of everything is wrong with the American economic system (and the CNBC anchors definitely did not want to hear). "We are already at peak debt and forcing more into the economy didn't work," and won't work as is merely funds Wall Street's latest carry trade to nowhere and fiscal irresponsibility in Washington. Simply put, "the private credit channel of monetary transmission is busted," so the Fed is exploiting the only channel it has left - "the bubble channel."
If the U.S. economy is getting better, then why are major retail chains closing thousands of stores? If we truly are in an "economic recovery", then why do sales figures continue to go down for large retailers all over the country? Without a doubt, the rise of Internet retailing giants such as Amazon.com have had a huge impact. Today, there are millions of Americans that actually prefer to shop online. But Internet shopping alone does not account for the great retail apocalypse that we are witnessing. In fact, some retail experts estimate that the Internet has accounted for only about 20 percent of the decline that we are seeing. Most of the rest of it can be accounted for by the slow, steady death of the middle class U.S. consumer. Median household income has declined for five years in a row, but all of our bills just keep going up. That means that the amount of disposable income that average Americans have continues to shrink, and that is really bad news for retailers.
Would you like to buy a house for one dollar? If someone came up to you on the street and asked you that question, you would probably respond by saying that it sounds too good to be true. But this is actually happening in economically-depressed cities all over America. Of course there are a number of reasons why you might want to think twice before buying any of these homes...
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- How Google's Costly Motorola Maneuver May Pay Off (WSJ)
- Mexico Surpassing Japan as No. 2 Auto Exporter to U.S. (BBG)


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As the reopening of the UK economy continues, I believe some of the best stocks to buy now are businesses that may benefit from this trend. As such, here are two FTSE 100 companies that I’d buy for my portfolio.
Best stocks to buy now
The first company on my list is the catering group Compass (LSE: CPG). Before the pandemic, this enterprise operated a relatively profitable business.
Contract catering requires little upfront investment as the facilities and equipment are usually owned by the client. This allowed the company to generate robust profit margins and a strong return on investment before the pandemic.
However, over the past 12 months, the company’s revenue has slumped. It reported a 30.4% decline in its last financial year. In addition, operating margins fell from 7% before the pandemic, to 3.4%.
The thing is, the pandemic may have disrupted many of the company’s markets, but people are still eating. This suggests to me that as the economy recovers and reopens, Compass’s revenues should return.
This is the primary reason why I believe Compass is one of the best shares to buy now. I think the group should return to growth over the next 12-24 months as the world gets back to normal.
That said, it’s unlikely to be plain sailing for the FTSE 100 company over the next few months. It’s unclear if office workers will ever return in pre-pandemic numbers. It could also be sometime before large events return. Further, another coronavirus wave may set its recovery back months.
Despite these risks, I’d buy the FTSE 100 company for my portfolio of recovery stocks today.
FTSE 100 growth
The other company I believe is one of the best shares to buy now for a recovery portfolio is InterContinental Hotels (LSE: IHG).
Just like Compass, this company has suffered significantly over the past 12 months. But the owner of hotel brands such as Holiday Inn, Crowne Plaza, and InterContinental should see a return to growth as travel and tourism activity worldwide recovers.
Indeed, the company is already reporting a pick-up in demand. According to its latest trading update, occupancy across its hotels was around 40% at the end of March.
However, management noted there was “clear evidence” that revenues would increase substantially in the months ahead, based on forward-booking trends.
Of course, if there’s another coronavirus wave, these trends will mean nothing. Customers will cancel, and the company will return to stage one. That’s the most considerable risk the business faces right now. It could also struggle due to excess capacity in the hotel sector.
Still, I’d buy InterContinental Hotels for my portfolio of FTSE 100 recovery shares today despite these risks and challenges. As a way to play the economic rebound, overall I think this is one of the best shares to buy now.
The Motley Fool UK's Top Income Stock…
We think that when a company’s CEO owns 12.1% of its stock, that’s usually a very good sign.
But with this opportunity it could get even better.
Still only 55 years old, he sees the chance for a new “Uber-style” technology.
And this is not a tiny tech startup full of empty promises.
This extraordinary company is already one of the largest in its industry.
Last year, revenues hit a whopping £1.132 billion.
The board recently announced a 10% dividend hike.
And it has been a superb Motley Fool income pick for 9 years running!
But even so, we believe there could still be huge upside ahead.
Clearly, this company’s founder and CEO agrees.
- FTSE 100 shares: the Compass share price slips despite sales improvement
- Would I buy these 2 FTSE 100 reopening stocks now?
Rupert Hargreaves owns no share mentioned. The Motley Fool UK has recommended Compass Group and InterContinental Hotels Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.
The post Best stocks to buy now: 2 FTSE 100 reopening shares appeared first on The Motley Fool UK.


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Just a some days ago, Redmi India reported two fresh phones – the Redmi Y3 and the Redmi 7. Today, Xiaomi India’s MD has revealed a additional strong phone is approaching to the market fairly soon. The mind-blowing part is that the smartphone will be powered by Qualcomm’s most recent Sd 700 series – the Sd 730 or Snapdragon 730G.
In the tweet which was posted noted Presently, the MD of Xiaomi India, Manu Kumar Jain, broadcasted a photo he took with 2 Qualcomm India executives. He talked about the partnership between the two companies and then teased the arrival of the Xiaomi phone.
Any guesses? 😎 pic.twitter.com/TnrnTOr4PI
— Manu Kumar Jain (@manukumarjain) April 26, 2019
The only info he unveiled about the gadget is that it will come with the most recent “Snapdragon 7_ _ (announced just 2 weeks ago)”. The Snapdragon 730 and Snapdragon 730G are the 2 Snapdragon 700 chipsets Qualcomm released this month, so it’s one of the two. However, we believe it is the Sd 730.
A compact more than a week ago, primary technical specs of a Redmi smartphone leaked. The leak unveiled the device is powered by a Snapdragon 730 cpu, packs a 4000mAh battery, and has a triple digital camera option (48MP + 8MP + 13MP). This is most likely the exact same product likely to India however it might release in China first. We have no info about the name of the phone however we strongly believe it will release in India like a Mi smartphone and not a Redmi smartphone.
If we want to be specific, this could truly be the Mi A3 Android phone. There is no specific date for the launch yet but we won’t be surprised if Xiaomi wants to announce its upcoming Android One phone a little early this year.
We are fairly excited here and we are Indeed a large amount of our readers are too. Do you have an idea of the name of the phone? Let us have idea in the comment package.


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“#GOP lawmakers unveil ‘Beat China’ bill to increase US drug manufacturing”
June 12, 2020 | 8:43am
Kelly Loeffler (left), Ted Cruz, and Joni Ernst
The “Beat China Act” will create tax breaks to incentivize pharmaceutical companies and medical device suppliers to relocate to the United States after the coronavirus pandemic exposed China’s monopoly on urgent medical supplies, the lawmakers said.
“For too long, our manufacturing has moved overseas, taking American jobs, jeopardizing our supply chains and forcing us to depend on competitors,” said GOP Senator Kelly Loeffler of Georgia.
“The COVID-19 pandemic has shown us just how dangerous it is to rely so heavily on other countries, including China, for critical, life-saving products like drugs and medical devices as well as supplies like gowns, masks and swabs,” she added.
“It is time we incentivize companies to bring those factories and jobs back to the United States,” she said.
Senators Joni Ernst (R. Iowa) and Ted Cruz (R-Texas) who co-sponsored the bill echoed Loeffler’s remarks, with Ernst calling the COVID-19 pandemic a “‘great awakening’ when it comes to the vulnerabilities in our supply chain.”
China is the second largest exporter of drugs to the US behind Canada and the Communist country produces 90 percent of America’s antibiotics.
Meanwhile, US imports of pharmaceuticals from China increased 75 percent from 2010 to 2018.
The Trump administration has accused China of hoarding critical medical supplies such as personal protective equipment at the height of the coronavirus crisis as it attempted to cover-up the origins of the virus.
In the wake of the pandemic, Trump is reportedly “turbocharging” an initiative to remove the US from its dependency on the China-based supply chain, one of his core election promises.
If you want to read more News articles, you can visit our General category.


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According to one of the most reputable news websites, SamMobile, Samsung apparently intends to unveil the Galaxy S21 fan edition at CES 2022.
We have heard a lot of news about the Galaxy S21 Fan Edition so far, which is mainly related to its unveiling or release date. If you pay attention, we have known about the capabilities of this phone for a long time, but the reports that have been published about it over the past few weeks have been related to the date of the unveiling or cancellation of its construction project. In general, we came to the conclusion that this phone is going to be unveiled, but not on the date we expect. So far, the launch date of this phone has been delayed several times due to various reasons, including the lack of chips and things like that, but this time it seems that we should see the official unveiling of this phone at CES 2022.
It seems that the Galaxy S21 Fan Edition will definitely be unveiled and released in 2022, but regarding its exact date, according to SamMobile, we must say that apparently we should see this event at CES 2022. This news has been covered by a number of other revelators and news agencies, so we can consider it quite probable.
CES 2022 will be held from January 5 to 8 (January 15 to 18) If that happens, considering that we recently heard that the Galaxy S22 will probably be unveiled a little later than expected, we can say that the Galaxy S21 Fan Edition will definitely not be introduced at the same time as Samsung's next-generation flagships, but it will happen sooner.>
Samsung did not usually unveil the phone at CES
But if we want to talk about one thing that reduces the chances of unveiling the Galaxy S21 fan edition at CES 2022, it is that Samsung He had not unveiled a specific phone at this event before. Especially this phone, which was actually supposed to be unveiled and released in August this year, in the summer season, and January is much farther than we expected. This is strange because the Galaxy S21 Fan Edition is highly anticipated because of its cost-effective nature as a flagship, and the previous generation has shown that Samsung can be successful with these handsets. But by then, the hype seems to be waning as many users will be waiting for Samsung's flagship handsets. Be. This means that users will find this phone more affordable and better than the company's future flagships and therefore buy it. Since this phone is so powerful, it is unlikely that anyone will regret buying it in two or three months. So Samsung seems to be in a very complicated situation.
Samsung recently even deleted the support page for the Galaxy S21 fan edition, but later relaunched it to rekindle rumors of a release. This phone will get stronger this year. But it is said that this will definitely not happen this year, because another Galaxy Unpacked event will not be seen in Samsung's future plans, and the Galaxy S21 Fan Edition is not a small and ordinary phone that it unveiled on a normal day without holding an event. p>
According to several rumors and news that have been published about the Galaxy S21 Fan Edition so far, it seems that this time we should see a 6.4-inch product with a display with FHD + resolution and 120Hz refresh rate, which in this regard is largely It is similar to the previous generation, the Galaxy S20 Fan Edition. On the back panel, we will see three cameras, which are said to be of higher quality this time than before, but we do not know how noticeable this difference is.
The most important news about this phone is that it is equipped with a processor. The Snapdragon 888 has a very high processing power and can help this phone with about $ 700 to do everything with the highest speed and power. This powerful set will also be powered by a 4500 mAh battery, which is said to be charged with a 25-watt fast charger included in the box. Finally, we should mention the price of this phone, which seems to be $ 650 in the base model, and due to the lack of chips, only certain markets will have access to it.


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Bentley confirms luxury SUV; Lamborghini SUV will most likely follow
Not that we needed one at this point, but Bentley has finally "confirmed" their future SUV, said to be "the world’s most luxurious 4x4." Their future model will follow the Mulsanne and Continental cycles, debuting sometime in 2014 with a powerful 12-cylinder engine. This announcement comes after the impressive results posted by the company in 2011: sales were up 37% to 7003 for the calendar year with sales accelerating as the year progressed.
"If we bring this (SUV) to the market it will be positioned significantly above the vehicles that are currently available in this segment," Bentley brand chief Wolfgang Durheimer said Tuesday. This means that the new Bentley SUV will be placed above any other SUV on the market and will be priced at more than $140,000.
This confirmation will undoubtedly force Lamborghini to make a final decision on their third model, which will more than likely be an SUV since the strong demand for sporty soft-roaders coming from emerging markets such as China, Russia and India has risen. That being said, Lamborghini’s final decision will be announced in March at the 2012 Geneva Motor Show.


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Tezos Gets Ready for Another Price Spike As Kraken Jumps Into XTZ Baking
- After Coinbase and Binance, Kraken will start offering XTZ staking starting Dec. 13
- Over 71% of XTZ supply is already staked, leaving less than 30% in the market
- The 11th largest cryptocurrency is up over 300%, shrinking supply could give it another boost
Cryptocurrency exchange Kraken has joined the staking game. Starting Dec. 13, it will allow its users to leverage proof-of-stake (PoS) crypto holdings to obtain financial rewards, announced the exchange on Dec. 11.
Kraken has become the latest exchange after Coinbase and Binance to offer staking rewards on Tezos (XTZ).
For staking, there is no waiting or lockup periods on Kraken that offers a fixed 6% rate. Payouts of rewards will be every Monday and Thursday.
“Our goal is to make staking as accessible as possible, encouraging deeper participation in this vibrant, young democracy we call crypto,” said the exchange.
To start staking your XTZ, you need to put Tezos into your Kraken Staking Wallet — navigate to “Staking” then click “Stake” under “Tezos.”
Everyone wants to Bake
Early last month, Coinbase started offering Tezos staking. The US-based exchange offers an estimated annual return of ~5%.
However, while Coinbase charges its users fee of 25% of all XTZ staking rewards made through this platform, this month, Binance announced zero-fee Tezos staking with an estimated annual yield of 6%-7%.
Binance might not charge any fee for now, but it is hard to know how long this will remain the case as the world’s leading cryptocurrency exchange charges for staking other tokens.
Gate.io exchange also charges 33% for its XTZ staking service.
XTZ Supply Shrinking
As per Messari, just over 71% of the XTZ supply is already staked. This has been putting pressure on the supply as less than 30% of XTZ has been available in the market for trading.
Now, as another exchange starts offering Tezos staking and more people turn to take advantage of this, this already shrinking supply would further contract.
As such, the price of Tezos which is already up 310% in the past year can take another jump.
At the time of writing, the 11th largest cryptocurrency has been trading at $1.58, up by 4.24% in the currently red market, as per Coincodex.
However, it is still down 87% from its all-time high of $12.26.


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Payment Council Predicts the UK Future
The question is do we believe their key findings, are they realistic:
Consumer card use will rise by 75% from nearly 10 billion payments in 2012 to nearly 17 billion in 2022, driven primarily by increased debit card use and acceptance.
The number of cash payments will fall from 21 billion in 2012 to around 14 billion in 2022, as people increasingly use alternatives such as cards and automated payments.
Consumer cheque transactions are projected to continue to decline – from 477 million cheques in 2012 to around 186 million in 2022.
Direct Debit use by consumers will grow by 20% to around 3.7 billion payments in 2022 – driven by increased uptake of new regular commitments and a growth in the size of the adult population.
Mobile payments and internet banking will help drive up consumer use of one-off payments from their accounts from 356 million payments in 2012 to around 1.5 billion in 2022.
Population growth and economic growth will mean consumer payments are worth over £2 trillion in 2022, up from £1.3 trillion in 2012
Mobile payments are expected to become a major payment channel over the next 10 years. Some mobile payment services are already available and the range is expected to increase – next year the Payments Council will launch a new service to make secure account to account transfers using only a mobile phone number. The number of people with internet-connected mobile devices is also set to grow markedly. UK Payment Markets 2013 forecasts many more people will be paying friends, family and small businesses using phones and tablets by 2022.


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Index declines again but pace slackens
September 30, 2002,
With a weak labor market and fears of joblessness weighing down Americans, consumer confidence declined in September for a fourth straight month, but at a far slower pace than in the three prior months, The Conference Board reported.
The benchmark Consumer Confidence Index dipped by 1.2 points to a level of 93.3 from 94.5 percent. But while still on a downward slope, the decline was far less steep than the 2.9 point drop in August; the deep 8.9 point drop in July, or the 4.0 point decline in June that began the four-month-long slide in consumer sentiment.
"Weak labor market conditions continue to erode confidence," said Lynn Franco, director of The Conference Board's Consumer Research Center. "But while consumers are not as positive about current business conditions, they are more optimistic about the outlook than last month. Historically, this trend is prevalent during a recovery."
Assaying current business conditions, consumers were somewhat mixed, and the number rating conditions "good" increased to 18.2 percent from 16.7 percent. But the number who called conditions "bad" also increased, to 23.3 percent from 21.8 percent.
The modestly encouraging news came from the short-term outlook, where consumers are growing more optimistic. Fewer expect an improvement in business conditions in the next six months, 21.5 percent, down slightly from 22.2 percent. But at the same time, the number who expect conditions to worsen fell to 9.6 percent from 10.0, The Conference Board noted.
Consumer confidence by region
|East North Central||+ 4.3|
|West North Central||+9.3|
|East South Central||+12.6|
|West South Central||-6.2|
Consumer Buying Plans — September
Plans to purchase over the next six months
|Source: The Conference Board
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Now that Washington Winter Beerfest is in the rear view mirror, the Washington Beer Commission has released some information about the upcoming Belgianfest.
Last year the inaugural event was not without its problems, but overall Belgianfest was a huge success. Without question, the beer was awesome. If you haven’t noticed the increased popularity and availability of Belgian-style beers in recent years, you must be living under a rock. More and more of our local brewers are making great beers in this style. I have no doubt that we will all be amazed by the beers we drink at Belgianfest 2011.
Here is what we know thus far.
Saturday, January 22, 2011
Session 1, Noon – 4:00
Session 2, 5:30 – 9:30
The Workshop at Warren G. Magnuson Park, Seattle.
$30 advance, $35 at the door.
Tickets will be available online soon. Likely, they’ll be available at select retailers as well.
We will keep you posted as more details become available.


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Leaks reveal the design of the next Nokia phone with 5 cameras
Tuesday 06 November 2018
Books – Assem Al-Ansari:
News reports recently that Nokia is working on a smartphone with five rear cameras.
According to the website "gsmarena", new technology leaks offered the design of the phone, featuring the back of the shape of the cameras that come in the shape of a circular with a flash "LED" double.
The phone will run Android Bay 9.0 and a 4150 mA battery.
The phone will come with a 5.9-inch QHD + screen and will work with the Snape Dragon 845 processor with 8 GB RAM and 128 GB of internal memory, which can be increased through external storage cards.
It will also include a place for the fingerprint of the back and forward security, meaning it will be inside the screen.
The technical specifications of these cameras are still vague until now, and there are no dates to detect this phone, and is expected to be named "Nokia 9".


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American Woodmark (AMWD) Earning Somewhat Positive Press Coverage, Study Finds
News stories about American Woodmark (NASDAQ:AMWD) have been trending somewhat positive on Monday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American Woodmark earned a news impact score of 0.12 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.5934440001417 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of analysts have weighed in on the company. Zacks Investment Research lowered American Woodmark from a “buy” rating to a “sell” rating in a report on Tuesday, October 24th. BidaskClub upgraded American Woodmark from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd.
Shares of American Woodmark (NASDAQ:AMWD) opened at $95.85 on Monday. American Woodmark has a twelve month low of $69.65 and a twelve month high of $107.30. The company has a current ratio of 3.45, a quick ratio of 3.00 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $1,557.56, a price-to-earnings ratio of 22.03 and a beta of 1.55.
In other news, insider Steven Cary Dunston sold 500 shares of the firm’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $99.35, for a total transaction of $49,675.00. Following the sale, the insider now directly owns 48,609 shares in the company, valued at approximately $4,829,304.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Daniel T. Hendrix sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $80.63, for a total value of $241,890.00. Following the sale, the director now owns 7,155 shares in the company, valued at $576,907.65. The disclosure for this sale can be found here. In the last quarter, insiders have sold 67,668 shares of company stock valued at $6,256,614. Company insiders own 1.10% of the company’s stock.
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American Woodmark Company Profile
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company offers framed stock cabinets in approximately 500 different cabinet lines, ranging in price from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces.
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MARCH 6, 2013
HIDROCK TENANTS PUTTING NEW FACE ON HERALD SQUARE NEIGHBORHOOD
- Real Estate Weekly
Hidrock Realty announced that it secured three new leases to bring its 35 West 36th Street building to full occupancy. The new tenants - Kings Thai Boxing, Aesop and SBH Fashion - signed leases totaling 8,790 s/f, marking the completion of Hidrock's capital improvement program at the building.
"Kings Thai Boxing, Aesop and SBH Fashion are all contributing to the rapidly changing face of the retail and office tenancy on 36th Street and in the area a a whole" said
Robert Kaplan, director of leasing at Hidrock. "Traditionally an industrial, garment-centric neighborhood, we're seeing an influx of tenants from a wide variety of industries that
are looking to find space in one of the fastest-growing neighborhoods in Manhattan."
VIEW FULL ARTICLE


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Unlike most major retailers, Etsy won't have to deal with supplier and distribution center issues this holiday season.
Large retailers are gearing up for a challenging holiday shopping season as online shopping is booming. And an increase in shopping before the holidays will most likely lead to massive delivery delays, a shortage of products in stocks and other problems in logistics.
However, Etsy management, reporting on the results of the third quarter, emphasized that the online sales platform was in an advantageous position, since it would be able to avoid most of these problems. The main features of Etsy, which turned out to be key advantages in the current situation, were small batches of goods, lack of suppliers and distribution centers.
Etsy sellers are mostly small, often one-person businesses that don't have to rely on shipping from multiple factories, large shipments of goods traveling through different distribution centers, and a complex logistics system to complete an order. In addition, shoppers on Etsy are accustomed to longer delivery times and traditionally start pre-holiday shopping earlier. Thus, the new conditions for online shopping in a peculiar way equalized the company's opportunities with such large players as Amazon and allowed Etsy to look forward to a more than successful holiday season.
The third quarter of 2020 also turned out to be unexpectedly good for the company. Despite the coronavirus pandemic, significant growth was shown, while profit more than doubled compared to the third quarter of 2019 and amounted to $451.5 million. It is emphasized that such growth was largely due to a surge in sales of protective masks, with 24 million masks sold through the platform in the third quarter alone.