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TWICE: What is the outlook for wireless multiroom-audio speakers, preamp streamers, and amp/streamers in 2015 now that more brands have entered the market?
Henderson: Sonos is still king of the hill, for sure. They built a better mousetrap, to their great credit. Many brands will attempt to take share from them; few will be successful at it. Time will tell who the serious rivals are.
Rogers: The outlook for wireless multiroom-audio speakers, preamp streamers, and amp/streamers is positive as the category – in both units and dollars – continues to look positive. The market is clearly growing and there is an immense opportunity for brands to improve the experience and satisfy the consumer’s desire for easy access to content. Looking ahead, Harman will invest heavily in this category across multiple brands and price points; high-resolution will be a key factor in all of our designs moving forward.
Goedken: We feel this is a great area of expansion for our company as we are going after a different customer than the current market-share leader. Because of that, we are offering consumers a variety of solutions in a very big way — to the point that we launched 20 new products that support the MusicCast wireless multiroom audio ecosystem this year. Customers will be demanding more access to their content (external, high-resolution, streaming music services, Bluetooth, etc.) in more areas of their homes and want an ecosystem that seamlessly integrates this with a simple app that controls any type of audio gear, whether it’s an A/V receiver, a soundbar or wireless speakers. Too many others have just tried to copy the current industry market-share leader, but we’re offering different solutions to a different customer.
Casavant: Wireless systems are really just “less wires,” and for Klipsch this means that customers who are doing a custom install have some real alternatives with wireless products that deliver Klipsch performance.
TWICE: Will wireless multiroom-audio capability become the next in-demand feature for soundbars and AVRs?
Henderson: It all comes down to offering a better experience. If that remains a Sonos experience, then no. Bear in mind that Sonos, and other such devices, can serve as a source with an AVR or soundbar.
Rogers: Based on the growth of streaming features, wireless multiroom-audio capability is a frontrunner for the next in-demand feature for soundbars and AVRs.
Casavant: Klipsch believes the in-demand feature is truly great sound quality, while we also address the extra features that grow with the consumer’s needs. This means expanding their access to content — streaming wirelessly from a smart device as well as sending sound to another zone. A Klipsch soundbar sends great sound to other areas because you can safely crank it up, and it defies what a soundbar can do, acoustically speaking. But we are also addressing the zone-audio approach.
Talge: That’s definitely a possibility. In 2015, we’ve seen soundbars with Wi-Fi come into the market from us as well as the competition. Polk Audio and Definitive Technology are already seeing the demand now, and the trend is only going to grow. Consumers enjoy streaming music to soundbars, so it’s a logical evolution for consumers to demand the multiroom feature.
Growth of the wireless multiroom space was largely driven by the adoption of soundbars with wireless multiroom capability. In 2015, there were at least 13 soundbars launched with this capability. These new products are definitely having a negative impact on Sonos’ growth trajectory.
Zarow: Several soundbars already have this capability [wireless multiroom], and as we move into fiscal year ’16, we expect the number of SKUs that support wireless audio will increase. We also see this technology making its way into the AVR as it potentially opens the door to a larger base of consumers. With that said, we don’t necessarily see it as the next “in-demand” feature. The primary purpose of the AVR is enhanced connectivity and to produce an immersive surround experience, and the AVR excels in both aspects.


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BRIWork Agro Hub IPB invited IPB University students to have a useful ngabuburit by holding a seaweed education class. This activity was Sunset Talks with the topic 'Cuan from Seaweed Product Innovation? Who's Afraid?" at BRIWork Agro Hub IPB Building (12/4).
Invited Prof Nurjanah, Professor of IPB University from the Faculty of Fisheries and Marine Science (FPIK) who discussed the potential of seaweed and Utami Sri Rahayu Owner of Sushi and Siomay Se'gi who taught seaweed sushi preparations.
Prof Nurjanah explained various seaweed-based innovation products that have been commercialized by IPB University. For example, Gamy salt, Rubi instant drink, and Wedlyn cosmetics.
"Indonesia is one of the largest seaweed producers in the world and processed food from seaweed has a very promising market. Seaweed is also increasingly loved because it is easy to process and a good source of fiber for health," he explained.
Gamy Salt, for example, is aimed at people with hypertension and quality healthy living. Developed since 2016, it is made from brown and green seaweed that is rich in antioxidants. This innovation was awarded the 2nd Winner of GIO Bogor District 2019 and Innovation 111 Indonesia.
"After going through pre-scale up production, this salt is also applied to various products. For example, in SEAKO instant drinks, ENDUL instant seasoning and ENDOGE instant eggs. It is also used to make SEABID body scrub from seaweed salt residue," said Prof Nurjanah.
The next innovation, he continued, is Rubi, an instant high-fiber powder drink that prevents colorectal cancer. The drink is made from local resources Sargassum sp, purple sweet potato and red ginger.
Prof Nurjanah mentioned, Rubi has several advantages, including high food fiber enriched with antioxidants to ward off various types of diseases. This drink also uses local ingredients native to Indonesia, without preservatives, long shelf life and practical.
"This product has long-term prospects that have real benefits for the economy of Bogor Regency residents, especially socially and environmentally in various sectors as a sustainable business to open new jobs," he continued.
She also showed Wedlyn, a seaweed-based cosmetics product that already has a patent. This product has entered the scale-up of production and marketing of products online and offline. (MW/Rz) (IAAS/NVA)
More info: Here's How to Grow Seaweed in Your Own Home
Artikel ini pertama kali dipublikasikan oleh IPB. Ketepatan informasi di dalamnya di luar tanggung jawab Seaweednetwork.

domain: news


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IMB scoop - Vespa LXS125 and LX150 are inbound in 2013
Vespa is having big plans for 2013. The Italian maker of fashion statements will up its game by introducing a higher variant of LX125 called the LXS125 along with a sporty 150cc christened as LX150, this year.
Bajaj is silently working on a new scooter
Bajaj who was once the indomitable king of scooter segment is in the process of bringing out an all-new scooter. The new generation scooter is expected to play in the upper reaches of the 125-150cc segment.
Hyosung to launch two motorcycles on the 16th of January
DSK-Hyosung has confirmed that it will introduce two models in India, namely the 2013 GT650R and the Aquila Pro650 cruiser, on the 16th of January.


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Facebook would be looking to unlink the company name from that of your social network main with a change that I would announce next week and that it would follow the goal of focusing on the development of the metaverse.
The technology company has already decided on a name change, which it will announce next week during the annual Connect conference, on October 28, as reported by The Verge, citing a source with direct knowledge on this issue.
The announcement would be made by the CEO of Facebook himself, Mark Zuckerberg, although it could be anticipated. With it, he would seek to unlink the company from the popularity of the eponymous social network, which would become yet another service that it currently houses, such as Instagram or Oculus.
The company’s plans go through focus your efforts on developing the metaverse, a new phase of interconnected virtual experiences through the use of technologies such as virtual and augmented reality. An environment where you can be present with people in digital spaces, and in which the feeling of presence will acquire great importance.
On Monday, the company announced a plan to create 10,000 new highly skilled jobs in the European Union -including Spain- during the next five years, which will develop the metaverse project.


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PUBG Mobile is all over the news for the last few weeks and not in a good way. After multiple arrests were made in Rajkot, Gujrat and taking into consideration the health factor of the players that play the game continuously for more than 10-13 hours a day, Tencent Corporation, the brains behind the game have come up with a solution to help get things sorted out. And since the popular BR game is on the news for all the wrong reasons, PUBG corporation had to cave out and now have to find out a solution which can benefit everyone.
According to reports, PUBG is now testing a 6-hour cooldown for users in India. This will not affect players outside of India as of now. The move has come as a shock to many players since there was no official announcement from the company itself regarding the cooldown. During the Holi holidays, many users came across the “health reminder” which got them worried. As of now, we are not sure about this since the official word from the company is yet to arrive. However, from a health perspective, this is a good way to stay active rather than sticking to your mobile devices the entire day. Also, this will help clear out the air around PUBG Corp.
According to the new restriction that gamers say they are seeing, players are shown a warning first after the two hours of gameplay, and then after four hours, stating that they are soon going to reach the limit. After six hours of gameplay, gamers say they are shown a pop-up box labeled ‘health reminder’. Players are told they have played for six hours, and that they will have to continue their session the next day.
PUBG Mobile on 20th March kickstarted their Royale Pass Season 6 with some exciting new gifts and since it is their first year anniversary, they are planning something big, excluding the 6-hour restriction I hope so. What do you guys think about this?


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MTI MicroFuel Cells Inc., developer of Mobion portable power technology, announced today it will open an office in China.
MTI Micro, a subsidiary of Mechanical Technology, Incorporated (Nasdaq: MKTYD) will use the Shanghai office to market its products, company officials said.
MTI Micro designs micro fuel cells for cell phones, cameras and other handheld devices.
"Expanding our operations in China is an important step in achieving manufacturing readiness," said Peng Lim, chairman and CEO of MTI. "A local presence in China is key to our commercialization strategy, and will assist in establishing our manufacturing base to support increased production levels in preparation for our product launch in 2009."
MTI Micro hopes to sign a low-cost manufacturing partner by the end of this year.
Parent company MTI on Tuesday regained compliance with the Nasdaq's listing requirements after it faced de-listing by the Securities and Exchange Commission. In January, the SEC gave the company until July 7 to raise its stock price to $1.
Shareholders last month rescued the company when it voted to effect an 8-to-1 reverse split of its common stock.


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“My aim was to make the girls look extra luxe,” said Eugene Souleiman, working with Wella Professional at the DKNY show Sunday morning. “These are girls who take care of themselves.” He started with Wella Professional Velvet Amplifier to rehydrate the hair, then applied Perfect Setting, a blow-dry spray, and blew hair out with a round brush. Next, Souleiman flatironed the hair and did a deep side part. Pulling hair back, he fastened it at the nape of the neck with thick barrettes he’d covered with black leather. He flatironed the hair again, then used a touch of hair spray on a Kabuki makeup brush to control flyaways around the face. “There’s nothing hard about this look except the part, and nothing frou-frou at all,” he said.
Charlotte Willer, working with Maybelline at the show, created a “minimalistic, neutral” makeup look. She used Maybelline’s Dream Lumi luminzier on skin, finishing with a touch of loose powder. Next, she used Eye Studio Master Shape Brow pencil to groom the brows, adding Volum’Express One-by-One Mascara in black on the lashes. Lids got a full coating of Eye Studio Sinful Cinnamon, a shimmery beige, while lips got a coating of clear Baby Lips for a subtle finish. Essie nail color in Brooch the Subject, a cashmere beige, finished the nails.
From overseeing America’s fastest-growing speciality retailers to codifying cool, WWD talked to the women who are leading the way for the future of beauty. Check out our Instagram Stories to see how these women built today and are creating tomorrow. (📸: @hannah_khymych) #wwdbeauty
For @laperlalingerie's spring 2018 show, the brand chose to host their event at @thevenetianmacao. With Chinese megastars @bingbing_fan and @hubing in attendance, La Perla debuted a rock ‘n’ roll-inspired collection. The show marked the start of Sands Macao Fashion Week, which runs from October 19 to 24 — the city’s first such event. Pictured here are models backstage with glimmering eyes. #wwdfashion (📷: Cheuk-Yin To)
Trending for spring 2018: top stitch design. Gone are the days of stitch just for seams — designers are using the once-minimal detail to create strong decorative elements. (📷: Paola Testa; Styled by @andrew_shang) #wwdfashion
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)


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Barbados boasts a sterling reputation as a destination of choice for international financial services and global business, providing innovative products to a sophisticated and demanding clientele. As a forward-looking jurisdiction, Barbados has set its sights on transitioning into a global FinTech hub of choice not just in the Caribbean, but to be ‘best in class’ worldwide. Barbados has all the essential base ingredients for becoming such a hub.
What Is A FinTech Hub?
FinTech is a multibillion-dollar industry which has been revolutionising the global economy through digital lending and credit, cryptocurrencies, mobile payments, crowdfunding and other disruptive technologies. They are disruptive technologies in that they change traditional ways of doing business, including traditional financial services. FinTech technology adoption rates are highest in China, India, Russia, South Africa and Colombia, according to EY’s FinTech Adoption Index 2019.[i] COVID-19-influenced demand for electronic and digital solutions has caused an explosion in an already growing number of FinTech start-ups and investment activity. According to BCG data cited by Milan FinTech Summit’s website, “(the) number of fintech startups worldwide tripled in the last two years, rising from over 12,200 in 2019 to 26,000 in 2021”.[ii]
Allured by the benefits attracting such FinTech startups could bode for their economies, many cities and a growing number of small international financial centres (IFCs) have established or are seeking to establish FinTech hubs. A FinTech hub is “the focal point for FinTech activity within a region or a network. It is the ecosystem encompassing the entire infrastructure, organisations and people within the hub, as well as how those elements are organised and engage with each other” (Deloitte 2017)[iii]. San Francisco, London and Singapore are among the top FinTech hubs globally.
The Government of Barbados (GOB) has recognised the benefits of promoting FinTech entrepreneurship among its population and encouraging investment in this growing space, especially for its post-COVID-19 economic recovery. These benefits include not just macroeconomic benefits such as foreign exchange and employment generation, foreign direct investment (FDI) flows and export diversification, but also the benefits FinTech offers to promote financial inclusion and access to finance for small and medium sized enterprises (SMEs) and individuals through faster, more convenient and simplified payment and fundraising platforms.
In her presentation at the Singapore FinTech Festival in 2020, Barbados’ Prime Minister Mia Amor Mottley outlined some of the ways her government is prioritising digital government opportunities and building a tech-savvy society.[iv] Even before COVID-19, Barbados had been undergoing a period of digitalisation which has accelerated since the pandemic. Barbadians are now able to apply and pay for a larger amount of government services online from the comfort of their homes and without standing in lines. Plans include a project to digitise all government records, to introduce a new digital ID card and a new science and technology park.
Barbados has also announced its intention to become the first sovereign nation to have an embassy in the metaverse. Barbados has also sought to leverage its growing relationship with the United Arab Emirates (UAE) and Kenya, as UAE is known for its Dubai FinFech hub and Kenya for its M-Pesa. Indeed, the theme of Barbados’ Pavilion at the just concluded Dubai Expo 2020 was ‘Innovation and Transformation…from sugarcane to blockchain’, signalling Barbados’ intention to become a major player in this space.[v]
Barbados Has All The Ingredients
The race is on among jurisdictions to become the next big global FinTech hub. According to Deloitte, four essential ingredients are needed for a FinTech hub to thrive: “the strength of a FinTech hub is directly related to the ability of FinTech organisations to access talent, capital and demand, as well as the effectiveness of progressive policies and regulations designed to enable FinTech growth”.[vi] Barbados is increasingly ticking these boxes.
Access To Talent
A successful FinTech hub must be able to attract, develop and retain talent in three main domains: finance, technology and entrepreneurship. Barbados has a highly educated population and workforce, as well as a cadre of professionals in the legal, financial and technical fields. The Ministry of Information, Science and Technology (MIST) has committed to retraining workers and ensuring the population has the skills to compete effectively in a world where disruptive technologies are increasingly pervasive. Barbados-based company BITT Inc has established itself as a major player in the blockchain space, providing technical support to central banks to establish digital versions of their currencies.
Access To Capital
Barbados is home to four major banks, all of which are foreign-owned and three are Canadian. Venture capital is not yet a major source of funding in Barbados but there is a small network of angel investors and a growing community of investors interested in investing in the FinTech space.
Demand for FinTech products is growing in Barbados and Barbadians are increasingly willing to try new and innovative financial services. There is also demand for ‘Brand Barbados’ as an IFC, which will be useful as it seeks to become a FinTech hub. Barbados is an attractive destination for business which is one of the reasons why its Welcome Stamp programme, introduced during the COVID-19 pandemic, was so successful that the Government has announced its extension. There is also the demand for the services of Barbadian firms. Barbadian FinTech company Bitt Inc. has been making waves by assisting countries in establishing digital versions of their fiat currencies. The Central Bank of Nigeria announced Bitt Inc. as a technical partner to help launch Nigeria’s digital currency, the eNaira.[vii]
Progressive Policies And Regulation
Strong laws on intellectual property, its well-regulated financial services sector, a reputation as a compliant jurisdiction and its tax treaty network have all served Barbados well as an IFC and will continue to do so as it transitions to FinTech. Barbados’ Financial Services Commission (FSC) and the Central Bank of Barbados operate a regulatory sandbox to allow live-testing of new and innovative financial products within a controlled setting.[viii] The first was the mMoney app which allows peer to peer transactions as well as digital payments facilitated by blockchain. Bitt Inc. became the first company to successfully exit the regulatory sandbox. The FSC has announced it will establish a Stakeholder Advisory Committee for the International Business Sector and a FinTech Advisory Committee proposed to help with developing Barbados as a FinTech and blockchain hub to ensure that Barbados encourages innovation and competition but without comprising consumer protection or financial stability.
Barbados has all the necessary base ingredients to become a ‘best in class’ FinTech hub of the future. As the saying goes, watch this space!
Alicia D. Nicholls is an international trade consultant with over a decade of experience providing bespoke trade research and advisory services to a variety of clients. She is currently a research fellow and part-time lecturer with the University of the West Indies. Miss Nicholls is the founder of the Caribbean’s leading trade policy and development blog, www.caribbeantradelaw.com, since 2011. She also presents regularly at both regional and international academic and industry-related conferences and webinars. While she maintains an interest in all issues affecting Caribbean trade and trade policy, her specific research focuses primarily on global financial regulation and small States, foreign investment law and policy and international business.


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While conventional wisdom holds that financial institutions aren't keeping pace when it comes to digital experiences, actual users of digital banking beg to differ. That's based on the most recent Fiserv Consumer Trends Survey, one of the industry's longest running surveys on U.S. consumer's financial habits. People continue to report sky-high levels of satisfaction with their institution's online and mobile services – with a majority even assessing it on equal terms with their last online retail shopping visit.
Online banking use is now nearly ubiquitous, with 86 million households using the service – a number that grows incrementally every year. Eight in ten U.S. households with Internet access now use online banking, accessing accounts an average of 10 times per month. Satisfaction with digital banking is high: 92 percent of users report they are satisfied or very satisfied with both online and mobile banking.
When asked to compare their online banking website to the retail site they used most in the past three months, 62 percent indicated the two sites were equally good, while 22 percent said their online banking site is better than their most frequently used retail site. Geoff Knapp, vice president for Market Management for Fiserv, says that's certainly good news for financial institutions as whole, but doesn't mean they can rest on their laurels.
"The survey results speak to the fact that investment in digital experiences pays off in higher engagement and satisfaction," said Knapp. "At the same time, the digital bar is continually being raised; even the banks and credit unions that have traditionally excelled in the online channel must focus on higher growth channels like mobile, and drive adoption of services to reach more consumers."
Mobile banking results from the Consumer Trends Survey tell a similar story. Use of mobile continues to grow steadily and now totals 35 million households – up 17 percent over the previous year. Although usage skews younger, among seniors who own a smartphone or tablet, 23 percent use their devices for mobile banking. Satisfaction with mobile banking is comparable to that of online banking, with 92 percent of users indicating they are either satisfied or very satisfied with the service.
Customer satisfaction figures are also consistent across generations. For example, 87 percent of millennial respondents report being satisfied or very satisfied with their mobile banking service; 86 percent of seniors say the same.
From checking balances to making payments, mobile banking users utilize a wide variety of features. However, mobile banking users who use transactional features – transferring funds, making deposits, paying bills – are more satisfied with the service, suggesting the ability to take action is an important satisfaction driver.
Consumers increasingly value a wide variety of digital services to manage their financial lives, and are clearly more satisfied when they have multiple ways to access financial services and manage their household finances. While a firm handshake and a friendly smile at the teller line were once enough to earn a customer's satisfaction, today's financial institutions must consider the multiple ways consumers interact and transact with their organizations in order to drive the highest levels of satisfaction.
Now available for download, the 13th Annual Fiserv Consumer Trends Survey highlights the opportunities for financial institutions to better understand and expand their digital reach to all consumer segments.


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DE-CIX adds Google Cloud support to DirectCLOUD Exchanges
DE-CIX has announced support for Google Cloud Partner Interconnect, a service from Google Cloud that allows customers to connect to Google Cloud Platform from anywhere in the world.
The product is the latest instalment of Google Cloud, which was launched in September. It enables higher-speed and lower cost connectivity than VPN, and has become the go-to solution to connect on premise data centers with the cloud, DE-CIX said.
The German internet exchange’s customers can now choose DE-CIX to provide connectivity from their facility to the nearest Google edge point of presence. In addition, they will also be able to select from a variety of subrate interface speeds varying from 50Mbps up to what Google allows.
“Partner Interconnect gives Google Cloud customers even more connectivity choices for hybrid environments,” said John Veizades, product manager, Google Cloud. “Together with DE-CIX, we are making it easier for customers to extend their on-prem infrastructure to the Google Cloud Platform.”
“We are happy to add Google Cloud to the DE-CIX DirectCLOUD Exchanges at our locations in Frankfurt, Munich, New York, Dallas and Marseille. Through our DirectCLOUD customers can also benefit from Google Cloud’s global network at further DE-CIX internet exchanges e.g. in Hamburg and Istanbul”, says Ivo Ivanov, CEO of DE-CIX International.


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Tuesday, September 2, 2008
People have worried about the trade deficit for decades. It couldn't continue to widen forever, and it hasn't. It's now narrowing, thanks to incredibly strong growth (up over 20% in the past year!) in exports, alongside fairly steady growth in imports. The bad way for the deficit to have narrowed was always what concerned the doomsayers: they thought imports would have to collapse as the economy collapsed. But instead, the economy continues to grow, and demand for imports has been relatively unaffected by the housing crisis. Meanwhile, the weaker dollar and very strong growth overseas have combined to make exports one of the biggest sources of growth these days. This is the way to fix a deficit: grow your way out of it.
Posted by Scott Grannis at 12:40 PM


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May 18th, 2017 at 9:16 am UTC · 5 min read
NEM is one of the fastest growing distributed ledger technology platform, powered by XEM cryptocurrency has registered an increase in its value and trading volumes in the recent days. The sudden growth was fueled by its partnership with EcoBit, a green project supported by the Kelantan State Government in Malaysia.
The drastic growth in demand for the out-of-the-box blockchain solution and its underlying XEM tokens during this year started with a Tweet showcasing the platform’s collaboration with EcoBit project and its Blockchain Card. EcoBit Blockchain Card is the first ever implementation of blockchain on a smart card with NEM technology that enables transaction of EcoBits tokens.
“XEM has approximately registered a 1924% growth in its price since the beginning of 2017.”
– EcoBit Team
The correlation between the EcoBit events and spikes in XEM prices was analyzed by Diario Bitcoin, a leading Spanish cryptocurrency news outlet with a huge readership and social media following that exceeds 18000 users. The XEM price chart shows a strong bullish trend line corresponding to the events. A closer look at the graph shows an approximate 154% increase in NEM prices from $0.0037 to $0.0094 between January and March 11, 2017, which signifies the phase two launch of the EcoBit project.
Approximately a month after, XEM experienced another significant climb to reach $0.0247 per token; moving an entire decimal point in a short span of time, which aligned with the launch of EcoBit website and ICO. In the month that followed, XEM price witnessed another shift in the decimal point to cross $0.1276 (as on May 14, 2017).
Following the ICO, EcoBit and its green initiative has gained a lot of popularity among community members, some of whom from Japan have also created EcoBit themed superhero cards.
What is EcoBit?
EcoBit is a green and sustainable lifestyle movement, developed in partnership with the Kelantan State Government in Malaysia. The EcoBit project pledges to manage one million acres of tropical rainforest in the region for the next 30 years. Its mission and accompanying eco-friendly projects will be financed through carbon credits and an ongoing ICO. The first of a kind “green project” ICO has already raised over $1 million in less than ten days. Open till June 8, 2017, EcoBit invites participants to continue contributing towards its sustainable environmental movement.
With NEM blockchain technology, the company creates a public supply chain for all produce created through its green projects on Carey Island. Through blockchain implementation, EcoBit focuses on transparency, immutability, and accountability, ensuring that people know exactly what they are buying, where it is coming from and under what ethical circumstances.
The EcoBit tokens can be traded like any other cryptocurrencies on exchange platforms once the ICO comes to an end. Explaining the difference between EcoBit and other blockchain projects, the CEO of Climate Protector/EcoBit Mr. Tang Too Siah said,
“Unlike many other cryptocurrency projects, EcoBit is backed by real world needs and assets. Within 12 months’ time, we will become an industry leader, and many people will start to question which cryptocurrency is backed by real projects?”
Already five months in the making, EcoBit secured the project to manage and maintain a million acres of tropical rainforest from the government on January 9, 2017. As a part of the project, the platform is responsible for protecting the area from illegal activities, reduce CO2 emissions and increase carbon stocks for trading purposes through the REDD/REDD+ Carbon Trading/Offset Market. The one million acres of forest land is also the home for world’s second oldest rainforest located in Kelantan.
In the second phase, sustainable projects will be implemented at the EcoBit Sanctuary Asia, located on Carey Island. These projects will involve setting up of spirulina farms, aquaponics farms, organic vegetables, free-range chicken, coconut plantations and eco-tourism projects to bolster greener thinking and education (subject to each project milestone being fulfilled). The following third phase will see an expansion of these sanctuaries to the Europe, United States, China, Australia and other regions across the globe.
The use of self-sustaining NEM blockchain-based smart contracts enables projects to manage and monetize natural resources to reduce carbon emissions ethically. It also creates a transparent, immutable digital supply chain ledger that allows anyone to track and monitor the carbon credits/impact, project’s yields (agricultural produce) and the movement of products from the origin to supermarket shelves. Through the ledger, consumers can be assured of the organic nature and ethical handling of food produce. The recently introduced EcoBit Blockchain Card can be used by members to “earn” EcoBit tokens via recycling program and “pay” merchants for their goods and services.
The ongoing ICO offers an attractive, once in a lifetime opportunity for investors interest in not only cryptocurrency revolution but environmental consciousness to contribute towards and eco-friendly blockchain-based project, fighting global warming and climate change in the process.
EcoBit is the latest in crypto credit offered to the general public which has its foundation built on a sustainable program to reduce carbon footprints on planet earth. The green project is taking charge in the fight to make the world a safe and healthier place for all to live in.
About Bitcoin PR Buzz:
Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin and digital currency Press Release.
Mr. Tang Too Siah
Disclaimer: EcoBit is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.


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Mobie App Is Officially Live in the Apple App Store!!
We are incredibly proud to announce that over the weekend the Mobie App was officially accepted into the iOS App Store and users are already getting onboarded and finding great ways to shop and save using Mobie to spend their cash and crypto at retailers nationwide!
It’s the last Mobie Monday before the Mobie app is in the eligible waitlist users hands.
6,000 of you on the waitlist that have registered your interest in the Mobie Network ecosystem will be invited to download, load up and commence KYC to utilize the benefits of near-instant cashback, rewards…
As we continue to get closer and closer to our November goals, we are busy with preparing marketing materials and collateral for the official public launch in the app store to the United States waitlist.
Here’s what we have going on this week:
Production shoot for launch demo videos
November Marketing Alignment for Official Launch Marketing
Final November App Version Distributed to Team
Ongoing bug fixes
UI update (this morning) with new “hot button” on the home screen
More updates coming this week as we charge forward into the future of mobile payments! Be sure to stay tuned in our Discord channels to see the first look at all things Mobie and keep an eye on the press for even more coverage about Mobie.
If you don’t already have your calendar blocked off for Wednesday from 12–1 PM PST, block it off now! Mobie’s September AMA is promising to be jam-packed and well worth the listen. If you have not already registered for the event, be sure to do so here.
Here’s a preview of what we will be covering in Wednesday’s AMA:


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NEW YORK (AP) - There is more trouble for Target this holiday season. The nation's second largest discount retailer says than an unidentified number of gift cards sold over the holidays were not properly activated. The Minneapolis chain says the number of cards affected was a fraction of the total sold and that it will honor the affected cards. Customers they can bring faulty cards to any Target service desk or call 1-800-544-2943 for help. The gift card foul-up comes less than two weeks after Target was hit with a massive data security breach that affected as many as 40 million debit and credit card holders.
Coast to Coast AM 12:00 AM - 4:00 AM
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NEW YORK (CBS.MW) -- Women's clothing maker Jones Apparel Group Inc. reported a 16 percent jump in third-quarter profits, fueled by its restructuring of Nine West.
Jones' JNY earnings were up 21 percent to 94 cents a share, matching the consensus of analysts' estimates reported by First Call Corp.
Net income was $113.5 million on revenue of $1.91 billion. The results exclude acquisition-related charges of $2.1 million and $39 million for 2000 and 1999, respectively. EPS charges were 1 cent and 18 cents, respectively.
"These results reflect a rapid turnaround and restructuring in both the Nine West Division wholesale and retail business," Chairman Sidney Kimmel said in a statement. Jones, maker of the Jones New York brands, purchased Nine West in mid 1999.
For the year, Kimmel said he is "comfortable" with First Call's fourth-quarter estimates in the 50 to 53 cents range, and fiscal year in the $2.48 to $2.51 range.
"I believe the key to our ongoing success has been our strategy of growth through diversification," he added.
In early trading, shares were down 75 cents to $26.81.


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AMD has officially released the specifications for their Instinct MI300 ‘CDNA 3’ accelerator, which uses Zen 4 CPU cores in a 5nm 3D chiplet container. The most recent AMD Instinct MI300 accelerator specifications show that this exascale APU will be a monster of a chiplet design. The CPU will be made up of many 5nm 3D chiplet packages, totalling 146 billion transistors.
Among those transistors are numerous core IPs, memory interfaces, interconnects, and other components. The CDNA 3 architecture is the foundation of the Instinct MI300, but the APU also includes 24 Zen 4 Data Center CPU cores and 128 GB of next-generation HBM3 memory running in an 8192-bit wide bus configuration, which is simply mind-blowing.
During the AMD Financial Day 2022, the company confirmed that the MI300 will be a multi-chip and multi-IP Instinct accelerator that includes not only the next-generation CDNA 3 GPU cores but also the next-generation Zen 4 CPU cores.
To enable greater than 2 exaflops of double precision processing power, the U.S. Department of Energy, Lawrence Livermore National Laboratory, and HPE have teamed up with AMD to design El Capitan, expected to be the world’s fastest supercomputer with delivery anticipated in early 2023. El Capitan will leverage next generation products that incorporate improvements from the custom processor design in Frontier.
- Next generation AMD EPYC processors, codenamed “Genoa”, will feature the “Zen 4” processor core to support next generation memory and I/O sub systems for AI and HPC workloads
- Next generation AMD Instinct GPUs based on new compute-optimized architecture for HPC and AI workloads will use next generation high bandwidth memory for optimum deep learning performance
- This design will excel at AI and machine-learning data analysis to create models that are faster, more accurate, and capable of quantifying the uncertainty of their predictions.
— via AMD
In the most recent performance tests, AMD demonstrated that the Instinct Mi300 outperforms the Instinct MI250X by 8x in AI performance (TFLOPs) and 5x in AI performance per watt (TFLOPs/watt).
AMD’s Instinct MI300 ‘CDNA 3’ APUs will be manufactured on both 5nm and 6nm manufacturing nodes. The chip will include the next version of Infinity Cache as well as the 4th Generation Infinity architecture, which will enable CXL 3.0 ecosystem support. The Instinct MI300 accelerator will include a unified memory APU architecture and new Math Formats, allowing for a tremendous 5x performance per watt increase over CDNA 2.
AMD also predicts that the AI performance will be more than 8 times that of the CDNA 2-based Instinct MI250X accelerators. The UMAA on the CDNA 3 GPU will connect the CPU and GPU to a unified HBM memory package, reducing redundant memory copies and delivering reduced TCO.
- ASUS launches its ROG Strix G17 Gaming laptops powered by AMD Ryzen 7000 CPUs at the CES 2023
- BenQ and Eyesafe join hands to reveal the world’s Most Advanced Blue Light Display tech at the CES 2023


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Citi Bike Critical Workforce Membership Program Extension
Lyft announced that Citi and Mastercard have partnered to commit $1 million to significantly grow the Citi Bike Critical Workforce Membership Program, making memberships longer and available to more workers.
More than 5,500 first-responder, healthcare, and transit workers have joined the program since it began offering a free month of Citi Bike rides in March. Now, the program will include full-year annual memberships and expand its benefits to include workers at critical food-related non-profits, as well as essential City of New York employees. The deadline for joining this new program has also been extended from April 30 to May 31.
To sign up for a free Citi Bike membership, follow these instructions by May 31:
- Go to:citibikenyc.com/nycgov
- Enter program code: P3F4PZ7D
- Complete remaining steps to sign up. You will still need to put a credit card on file in case of any extra time fees incurred or lost bike fees
- Verify your work email address
- Click the link we send to your email to verify. (needs to be work email)
- You can ride immediately using the Citi Bike mobile app to unlock a bike
- You can also ride using the Lyft app by linking your new Citi Bike account within your Lyft rider profile


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Blake Jorgensen says it’s currently looking to be a “fun, new Battlefield”.
EA’s Battlefield: Hardline will be the first game in the series to explore a perspective distinct from the military trappings of old. Rather than soldiers, you’ll be playing as cops and hunting down crooks and robbers, which extends to several of the new multiplayer modes like Hotwire and Blood Money. However, those hoping to once again take the reins of a soldier will be glad to hear that the franchise will return to its military roots in 2016.
According to EA CFO Blake Jorgensen at the 2014 UBS Global Technology Conference (via GameSpot), Battlefield 2016 is already looking to be a “fun, new Battlefield” which “will be a return to a Battlefield military-style game; more to come on that.”
Meanwhile, Battlefield: Hardline was originally slated to release in this quarter but was delayed to 2015. It will now be releasing on March 17th 2015 in North America and March 19th 2015 in Europe for the Xbox One, Xbox 360, PS3, PS4 and PC.


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Monday, 23 Oct 2023
There are indications that Apple has plans to release the HomePod with LCD display in the coming months. #homepod #smartspeaker #apple
Thursday, 18 May 2023
Amazon dropped four new Echo smart living devices, with all-new form factors and generational updates who need Alexa in their lives.
Thursday, 19 Jan 2023
The Apple HomePod (2nd generation) can check temperature and humidity in the room.
Saturday, 21 May 2022
Apple is expected to unveil a new HomePod later this year or early next year.
Wednesday, 14 Oct 2020
Cute and much more affordable.
Tuesday, 6 Oct 2020
Pre-order the speakers now and you can get a great deal from the Google Store!


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Samsung's chip business has long been the company's cash cow. It has contributed tens of billions of dollars in profit to the company's coffers but has recently been struggling. That's largely due to both the demand and price of chips plunging significantly in the second half of 2022.
The company has been investing heavily in its semiconductor business to enhance its capacity and capability for the future. It wants to keep doing that even in these challenging times which is why Samsung is now borrowing close to $16 billion.
When borrowing is simpler than using your own cash reserves
Samsung's Q4 2022 results highlight the scale of the problem. Overall profit was down 70% in addition to a 9% drop in revenue. Its chip division almost had an operating loss for the first time in nearly a decade, as profit declined by 97%.
Since 2019, Samsung has a plan to invest over $100 billion in its chip manufacturing facilities. The company's overall infrastructure investments exceeded $40 billion last year and nearly 90% of that was poured into the semiconductor business.
In a bid to keep up investments at the same rate, Samsung Electronics is now planning to borrow $15.78 billion dollars, and it's doing that from another Samsung company. Samsung Display has around $16 billion in reserve funds and since Samsung Electronics owns an 85% stake in the company, it's not difficult for the latter to access that money.
Korean media has picked up a regulatory filing made by Samsung Electronics that reveals the company is taking this money as a loan from Samsung Display to be paid by August 17, 2025 at an interest rate of 4.6%.
Samsung Electronics has reportedly decided against tapping into its own reserve funds that are in excess of $80 billion as they likely include cashable assets of various types that may be allocated to different business units. It's also possible that a chunk of those funds may be outside South Korea. Taking a loan from Samsung Display is apparently going to be a lot simpler.
The investment outlay in the chip business for 2023 includes construction of a new production line at the Pyeongtaek Campus, capacity expansion for next-generation chips, and completion of Samsung's new chip manufacturing plant in the United States. A significant chunk of the funds will also be used for research and development.
Samsung will certainly be hoping that both demand and prices for chips increase over the next few years so that it's able to generate a decent return on this investment.


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Anime fans from all over typically go to two streaming platforms to watch their favorite shows. Funimation and Crunchyroll have huge libraries of Japanese animated shows so that there's something for everyone. No matter if the show came out last week or when we were kids, it's pretty likely at least one of those services has what you're looking for.
For some time, there has been speculation that the two services were going to combine their libraries but now it's been confirmed. When are Funimation and Crunchyroll merging? It's happening sooner than you might think.
When are Funimation and Crunchyroll merging?
In an announcement from Crunchyroll, the merger with the company and Funimation has already taken place. Now, it has the largest anime library available in the world.
Thanks to this deal, Crunchyroll is now the home of more than 40,000 episodes of anime and more than 16,000 of content. That's enough content to keep fans occupied for more than a year and a half straight.
This large amount of content doesn't even account for what's supposed to be coming to the platform as a part of the spring 2022 anime season. In its statement, Crunchyroll said that this rollout of shows and movies is going to be the biggest on record.
For those who have subscriptions to both platforms, Crunchyroll says that you can cancel your Funimation subscription at any time. By the end of March 2022, 80 percent of Funimation's content will be available on Crunchyroll.
Even though the content is being transferred over, things aren't perfect yet. There's no word on when the merging of content will be complete. And as of now, fans won't see their Funimation watchlist or queue in Crunchyroll yet. But the company is working on that process now.
How much does a Crunchyroll subscription cost?
Luckily for fans of Crunchyroll, subscription prices on that platform will stay the same. Currently, there are three tiers. The most basic plan is $7.99, then it's $14.99, and finally $14.99. Each higher cost comes with added perks like offline viewing and streaming on multiple devices.
The only people who may have to pay more going forward are those who pay for the lowest tier of a Funimation subscription at $5.99. It's unclear when those fans will be required to pay the higher price.
Who owns Crunchyroll?
Crunchyroll is owned by two companies: the U.S.-based Sony Pictures Entertainment and Japan’s Aniplex. Aniplex is a subsidiary of Sony Music Entertainment Inc. But both of those companies are owned by Tokyo-based Sony Group Corporation so ultimately, Crunchyroll is owned by this company.
Sony is a large international entertainment giant with control all over the entertainment industry and other fields. Although news of the Funimation and Crunchyroll merger doesn't seem to have raised its stock price. It's still worth around $100 a share.
Having been founded in the 1940s, the company has hundreds of thousands of employees and brought in trillions of dollars by the end of the fiscal year that ended in March 2021.


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» View Jadwal Plpg Uns 2013
View Jadwal Plpg Uns 2013
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Sony’s new hero class ‘affordable’ has arrived in Indonesia. Products named Xperia E is available in a single version of the SIM and dual-SIM.
One feature that is favored is HD Voice, where its function is to clear up the sound when [...]
One of the most popular mobile game, Fruit Ninja, in the foreseeable future can be downloaded for free for iOS devices.
Quoted from Slashgear, Friday (12/4), it also makes Fruit Ninja as ‘App of the Week’ in the iTunes App Store.
The owners [...]
The number of users increased four-fold compared to last year.
Website provider of free and paid storage service, Dropbox, today released an announcement stating that they have recorded a remarkable achievement by achieving 100 million users worldwide.
After the release of the game Grand Theft Auto III in the mobile version, Rockstar Games is back doing the same thing for Grand Theft Auto: Vice City.
Quoted from Slashgear, Saturday (27/10), the presence of iOS and Android version marks the 10th anniversary [...]
The news about the presence of the successor to the iPhone 5 more widely heard. If previously only known to be released summer of 2013, the latest info mengunkapkan that the smartphone is ready to go July.
Quoted from Techradar, Tuesday (30/4), about [...]
The design is minimalist.
Leaked photo of the latest BlackBerry smart phone cellular seemed talkative use touch screen technology, rated following the design of the iPhone from Apple.
The photos leaked to tech site Vietnam, Tinhte.vn it, believed to [...]
Here are a few smartphones that fit when used by women. Here’s the short list.
1. Sony Xperia U (Pink / Yellow)
Xperia U is not reserved for women. But the bottom cap colors yellow and pink can make a choice. About the specs, the smartphone is [...]
A Russian astronaut managed to record a new record as the oldest still active astronauts ‘walks’ in outer space.
Quoted by FoxNews, Monday (22/4), Pavel Vinogradov is recorded as the oldest astronaut at the age of 59 years.
Pavel has been [...]
The name is usually known as a popular browser, Firefox, is now present as the operating system of a smartphone made by Alcatel.
Quoted from Ubergizmo, Monday (2/25), in the event Mobile World Congress 2013 Barcelona, Alcatel introduced a product called [...]
Increasingly sophisticated technology. Now charger technology created without cable. Wireless Charger technology names.
Another name Wireless Charger is Inductive Charging. This technology utilizes magnetic force to deliver power between the two objects.
Given the importance to always be vigilant when surfing the internet, here are some practical tips from Microsoft Indonesia.
- Lock your computer and other accounts with strong passwords, as well as a unique four-digit PIN on the mobile phone.
- Do not [...]


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Shanghai: Alibaba.com, China’s largest e-commerce commerce, reported a 34% rise in quarterly profit to notch its best results in a year as it signed up more businesses for its online services.
Alibaba.com, which operates online sites connecting millions of buyers and sellers globally, is the listed unit of Alibaba Group, in which Yahoo holds a nearly 40% stake.
Alibaba.com said it was cautiously optimistic about the global economic recovery for the year and expects more of its users to adopt its value-added services.
The company competes with Global Sources in China’s 1.5 billion yuan business-to-business (B2B) marketplace industry.
Web commerce in China has surged in recent years, as buyers tap the Internet for better deals from more suppliers in the nation’s highly fragmented distribution networks.
Alibaba.com said its January-March profit rose 34% to 330 million yuan from a restated 246.7 million yuan. That beat the average analyst forecast of 277.9 million yuan, according to Thomson Reuters.
Total revenue grew 49.3% to 1.22 billion yuan. Deferred revenue and customer advances for the quarter, a key measurement of future performance, rose 43.6%.
Last month, chief executive David Wei told Reuters he expected revenue growth to accelerate this year, while margins were likely to begin improving in 2011 after coming under pressure due to the company’s expansion.
Earlier this year, Alibaba.com cut basic membership fees for its China marketplace, its domestic website, and bought web-hosting company HiChina for $63.8 million in an effort to attract small businesses in China to its platform.
Alibaba.com shares closed up 1.76% on Thursday. The stock is down 17% this year in Hong Kong’s Hang Seng Index which is down 7%.


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Brr, it's cold outside and many of us are burning firewood in our homes to keep warm.
"A new study published in the Journal of Economic Entomology reports that live insects were found in 47 percent of firewood bundles purchased from big box stores, gas stations and grocery stores in Colorado, New Mexico, Utah and Wyoming."
Firewood sales are one of the main ways insect and disease pests are transported from infested areas to uninfested areas.
Wood is often transported hundreds to thousands of miles, across state and even national borders.
The researchers found that 52 percent of firewood in …


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Million-dollar sales highlight fall market
Portsmouth sees six 7-figure transactions
PORTSMOUTH – Single-family home sales in the city during September, October and November were more than 50 percent better than the same period last year.
The year-over-year comparison shows 64 homes sold for a total of $38.3 million during the three-month period, according to data filed with the Rockingham County Register of Deeds. During September-November in 2014, home sales totaled $24.2 million, a 58.3 percent difference.
The fall 2015 home sales in Portsmouth were helped by four transactions in excess of $1 million, including the sale of an island and house on Little Harbor Road for $6.25 million in September. The other big transactions involved sales for $2.1 million on Gosport Road, $1.7 million on Ridges Court and $2 million on Martine Cottage Road, also in September.
While the year-over-year comparison showed marked improvement, the fall sales lagged behind summer sales that tallied $42.2 million in June, July and August.
The average price of a house that sold in Portsmouth during the fall was about $598,000, an average greatly influenced by the big price tag sales. The average price was $410,000 last fall and was $470,000 during the summer.
Residential condo sales in Portsmouth lagged behind both last fall and the summer. The data show 56 condos sold for a total of $20.1 million, including two of the Chinburg Development condos on Vaughan Street that sold for $1.67 million and $1.03 million. Condos sold during the summer totaled $22.8 million and totaled $22.3 million last fall, according to the data.
The average price of a condo in the city came in at $358,000, compared to $400,000 in the summer and $349,000 last fall.
In Newington, a market with infrequent sales, two homes sold in the fall for a total of $1.7 million.
Single-family home sales in Hampton were up significantly this past fall compared to last fall, but were down in the year-over-year comparison in neighboring Hampton Falls and North Hampton.
An analysis of transactions filed with the Rockingham County Register of Deeds in September, October and November show 65 homes sold for a total of $25.2 million in Hampton. That’s 48.4 percent better than the $17 million that sold during the same period in 2014, according to the data, but not as good as the $32 million in home sales during the summer months of June, July and August.
In Hampton Falls, there were three sales this fall totaling $1.2 million. Last fall, sales totaled $4.1 million, while sales totaled $3.2 million during the summer.
In North Hampton, the data show 17 home sales totaling $7.8 million, including three in excess of $1 million: for $1.065 million on Maple Road, for $1.1 million on Cotton Farm Lane and for $1.045 million on Squier Drive. Homes sales in North Hampton totaled $9 million last fall and $11.9 million over the summer.
The average price of a house in Hampton during the fall came in at $388,000, in Hampton Falls it was $401,000, and in North Hampton it was $457,000. Residential condo, which represents a significant market in Hampton, fell by about half from the fall of 2014 to the fall of 2015.
Condo sales were $25.2 million last fall; they were $12.6 million (on 53 transactions) this fall. Sales were $22.2 million over the summer. The average price of a condo in Hampton was $237,000 in the most recent period.
There were no condo sales in Hampton Falls, and there were three condo sales in North Hampton totaling $1.2 million compared to $4.1 million last fall.
Both single-family home and residential condo sales in Exeter showed gains this past fall compared to last fall.
In Stratham, the same was true for homes, but not for condos.
Data from transactions filed with the Rockingham County Register of Deeds in September, October and November show 43 homes sold in Exeter for a total of $15.4 million. That’s a 10.1 percent increase over the $14 million that sold during the same months last year, but far short of the $29.6 million in homes that sold during the summer season of June, July and August.
Condo sales were also up significantly in Exeter compared to last fall. The data show 34 units sold for a total of $9.2 million, a 64.8 percent increase over the $5.6 million last fall. Condo sales totaled $7 million during the summer.
The average price of a house that sold in Exeter during the fall season was $359,000, while the average price of a condo was $270,000.
In Stratham, 27 homes sold for a total of $11.8 million during September, October and November. That’s a 56.9 percent increase over the total of $7.5 million in sales last fall. It’s lower, however, than the $18.6 million total from the summer. The data show 15 condo units sold for a total of $3.9 million this past fall, compared to $6.5 million last fall and $9.8 million during the summer.
The average price of a house that sold in Stratham during the most recent season was $438,000, while the average price of a condo was $259,000.
Together, Portsmouth, Newington, Hampton, Hampton Falls, North Hampton, Exeter and Stratham saw home sales increase by a third from fall 2014 to fall 2015 – from $76.8 million to $101.4 million, according to the data. But the fall sales were below summer totals in the region of $140 million. The average price of a house in the region was $496,000 in the fall.
Condo sales in those towns tallied $46.9 million in the fall, compared to $60.2 million last fall, a 22.1 percent difference. Condo sales were $63.8 million during the summer. The average price of a condo over the fall was $306,000 in the region.
To see what homes are selling for on your street, in your town and across the region, visit Seacoastonline.com and click on the Seacoast Real Estate Database under the Business tab at the top of the page.


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Grace Whelan is a news reporter at Drapers, specialising in menswear and property across the magazine and website. She joined the team in 2018 after graduating from City, University of London with an MA in magazine journalism. Personal industry interests include the developing role of tech in retail and British manufacturing.
- +44 (0)20 3953 2865
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MEXICO CITY — Grupo Bimbo SAB de CV has purchased an electric truck fleet from Swedish automotive manufacturer Scania AB. It is Scania’s first electric truck fleet in Latin America.
According to Scania, the fleet consists of seven 2024-model 25P B4x2 rigid electric trucks from Scania México. These 100% electric vehicles, which can load up to 11.5 tonnes, will be driven on urban routes and equipped with the Advanced Driver Assistance System (ADAS) 2.0. Scania maintenance contracts also will cover each truck to ensure its "maximum availability.”
Scania México said the deal is part of its commitment to launching a new electric truck each year. The company is aiming for electric trucks to be 10% of its vehicle offering by 2025 and 100% by 2050. The fleet also will allow Grupo Bimbo to continue reducing its own carbon emissions, with 80% of the electricity it consumes now coming from renewable sources.
“Both companies are gradually approaching our common goal of reducing the polluting emissions of our vehicles to 20% of their 2015 level by 2025, and keep going until we reach zero carbon emissions, in alignment with our commitment to the Science-Based Targets initiative,” said Alejandro Mondragón, chief executive officer of Scania México.
Grupo Bimbo ordered the electric vehicle fleet after completing a successful trial period of a 25P B4x2 electric truck, which began in 2022, as part of both companies’ shared commitment to move toward sustainable transport, according to Scania.


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With a price of $159 U.S. dollars.
If you are lovers of the underwater world and the music, then you need to have a digital music player Finis SwiMP3.
Finis SwiMP3 is a digital music player or MP3 player waterproof which has 2GB of memory capacity or [...]
The wait is over, this month, the new Bluetooth device is finally released, so what can we expect from this new device ? Well, as for the design, the new Divoom Voombox outdoor as the name suggests is specifically designed for outdoor uses. It also comes [...]
To promote Windows Phone 8, Microsoft took the actress Jessica Alba and singer Gwen Stefani as their commercials. The two celebrities have been selected for the top stars, their status was also a homemaker.
Ads featuring Windows Phone 8 is a busy celebrity [...]
Basically, do not use the lights too bright at night.
Using iPad or watching TV late at night can make you depressed, according to a study showing that exposure to bright light during the hours of sleep can affect levels of stress and behavioral disorders.
Facing the war in the “second front”
The Israeli government on Sunday (11/18), admits millions have been subjected to attacks in cyberspace since the country launched an offensive on the Gaza Strip, the Hamas-run Palestinian territory last [...]
Cover story this week will discuss the new smartphone Samsung Galaxy S4.
One thing that most attracted the attention of the successor to the Galaxy S3 is the availability of Octa-core processors (8-core), which is believed to provide exceptional performance.
Assassin’s Creed 4: Black Flag will be released on October 29, 2013, is known thanks to leak news video trailer will premiere on March 3, 2013 yesterday.
Ubisoft stated that the game can already be ordered, intended for users of the Xbox 360, PlayStation [...]
Apple Inc. finally officially launched the smallest version of the iPad on Tuesday (10/23).
iPad Mini-sized 7.9-inch marks Apple’s first breakthrough in the segment of a smaller tablet. Apple hopes its products is given at crushing the tablet market [...]
Linux developers, Canonical, claims a new version of Ubuntu 13.04 or so-called Raring Ringtail more efficient.
According to the Canonical claim, Raring Ringtail has improved performance. Among other uses fewer resources, faster boot times, lower [...]
Search many information about the bombings in the Boston Marathon Monday, the utilized scammers (fraudsters on the internet) to steal data.
According to the company’s anti-virus research the origin of Rome, Bitdefender, malware tragedy into a campaign.
The issue of global warming causing many manufacturers to make devices that are environmentally friendly. Including one replacement power source for electricity with renewable sources or unlimited.
This one device seems to be an environmentally friendly [...]


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In this feature-length interview, Katy Huckle talks to Dr Ludivine Petetin from Cardiff University about the impact of Brexit on supply chains and trade.
Deal or no deal? Well, as it turns out, things are about to get even more complicated either way. Supply chains have been changing ever since the UK’s decision to leave the European Union in 2016; whatever happens next in the drama of Brexit negotiations, businesses are reassessing supply chains and desperately trying to minimise risk. UK businesses that depend heavily on EU supply are seeking non-EU alternatives for their products, and vice versa. When supply chains change, companies seek alternatives, and it becomes very difficult and complicated to change them back again.
Hello Ludivine and thank you for talking to us today. I’m going to jump straight in with the killer question: what will happen to UK/EU trade post-Brexit?
Hello! If ever or whenever it takes place, the signing of the Withdrawal Agreement is only a small step towards planning the future of the UK after Brexit. The agreement (or deal) leads to a transition period, currently until the end of 2020.
But what happens on the 1st of January 2021, or at the end of that period? The Withdrawal Agreement is not a trade deal; it is an agreement on the separation of the UK/EU relationship. During the transition period we expect to continue trading as before (but that’s not guaranteed and I will come back to that). A UK/EU trade deal needs to be negotiated between the remaining 27 EU Members States and the UK. What will the terms be? What should be included? Do we need to consider services as well as goods, due to the UK’s service economy?
So there are many open questions affecting every aspect of the negotiations?
Absolutely, and this creates a highly uncertain business environment. Even after Brexit day there will still be a lot of uncertainty – the trade deal between the UK and EU will be a process of negotiation, not unlike the Withdrawal Agreement, but with higher complexity. The trade deal will need to be in place by January 1st 2021, which does not leave long for the relevant parties to figure things out – they have maximum 20 months to negotiate.
Will we need to make a lot of changes in order to sign a trade deal?
Theoretically, because the UK market conditions are very similar to those throughout the EU, this should make signing a trade deal easier. Usually, trade deal discussions begin from very different starting points, but similar market environments should make it easier to make a deal. However, this is only in theory, and unfortunately in practice things are likely to become more complex and take longer than expected.
What will be the impact on businesses?
Predictably, the larger the company, the more protected they are from the market uncertainties following Brexit. Large businesses will have been planning for Brexit since the referendum, and are likely to have several different strategic options however the situation develops. Whatever happens, market uncertainty will continue up until the end of 2020.
For companies active in the EU, redesigning their supply chains is one method of mitigating risk. Any companies that can source from inside the EU, or through other existing EU trade agreements, will have been advised to do so. This limits their exposure to potential price or supply chain instability.
And what about smaller companies?
Small and medium sized enterprises (SMEs) are already the hardest hit by the market uncertainty surrounding Brexit. SMEs lack the resources, capacity and capital to change their suppliers and supply chains on short notice. UK companies and EU companies are both in a similar situation.
But if everything will stay as it is during the transition period, isn’t there still time for SMEs to figure things out?
Even after we sign the Withdrawal Agreement, which allows us to keep trading with EU, there are still some significant issues remaining unaddressed. As part of the EU, the UK is included in each and every EU trade agreement with non-EU countries. After the 29th of March 2019 (or whenever the UK leaves), this is no longer the case, and it will be at the discretion of each individual trading partner as to whether or not they continue to trade with the UK under existing trade agreement conditions.
The UK Department of International Trade has rolled over existing free trade agreements (for example with Switzerland and Chile). But other trade partners are not so keen to do this. This aspect of the transition period is not covered by the Withdrawal Agreement and exposes SMEs to yet more supply chain risk.
So other countries could choose to see the UK as non-EU immediately following Brexit day?
Yes. The Withdrawal Agreement is between the EU and UK only – the EU will ask the other countries with whom it holds free trade agreements if they would like to keep trading with UK as per today. It is important to note that the EU cannot force another country into an agreement it hasn’t signed; after Brexit Day the UK will no longer be part of the EU. Continuing trade at current market conditions very much depends on the goodwill of other countries; if they agree, things continue as they are; if they don’t agree, the UK has (another) problem.
Japan is a good example here. The EU/Japanese Trade Agreement is a new trade deal between the EU and Japan. Following Brexit, the UK would aim to simply copy/paste it into a new agreement between the UK and Japan, but Japan would have to agree to this, and may not necessarily be inclined to do so.
What else do we need to consider when it comes to trade?
A major rise in globalisation over the last half century or so has led to products being manufactured in multiple different locations, with components coming from all over the world. To establish a manufacturing location, countries have implemented a minimum level of production that needs to be completed in country. For example, car parts are manufactured all over the world and then shipped to somewhere in the EU for final assembly, but for the car to be officially “made in the EU” a certain percentage of manufacturing must physically take place in the EU (the percentage depends on the applicable trade agreement).
If it’s not an EU car, according to the rules of origin, then tariffs can be applied by importers. Although the UK doesn’t manufacture much in relation to other EU countries, one and a half million cars were built in the UK last year. Will they still be considered EU-made after Brexit? And will UK car components be considered as EU components after Brexit? Again, this decision is at the discretion of the trade partner country; the EU can’t force other countries to accept UK components as EU components after Brexit.
Do you predict that other countries will want to roll over existing agreements?
The easiest scenario for everyone (with the least amount of paperwork) is if all countries agree to roll over existing conditions as part of the Withdrawal Agreement. If they do all agree, this only holds until the end of 2020. But this is no means guaranteed. And again, what happens on January 1st 2021? Each and every individual agreement must be rolled over separately by the UK government, and that is going to be a lot of paperwork and resources.
What will happen if the UK leaves the EU without a Withdrawal Agreement or without a trade deal?
Very simply, trade deals make it easy for products to cross borders. Without a deal, it will become very difficult for products to cross borders. In the case of the UK leaving the European Union either without signing the Withdrawal Agreement, or without trade deals in place, then there would be chaos at the border. Tariffs would immediately be put in place, adding major cost in the supply chain. Certain UK products imported to the EU could double in price (depending on the applied tariffs), making them far less attractive to buyers and destroyed demand. The same would apply in reverse.
We would also immediately see border checks (e.g. increased paperwork) and inspections, which would dramatically increase the time products spend at the border, and therefore increases lead times. This will also have a major impact on the cost of supply chains. If it takes longer for a product to move from A to B, then transportation costs increase (eg driver time), as do the costs of insurance policies. Very small changes can have a major domino effect on supply chains.
Who do you predict will have to pick up these costs?
Inevitably most additional costs will be passed on to the consumer. Someone has to pay for the increased complexity of supply chains and, particularly in industries with very low profit margins, manufacturers and suppliers will refuse to pay these costs. The consumer will pay and we will start to see changes in product availability in supermarkets very quickly.
Which UK-products will be affected most?
One example is the Welsh lamb industry. Wales exports 96% of its lamb in to the EU; the lamb is immediately exported and the supply chain is simply not in place to store it and sell it in Wales and the rest of the UK. The price of lamb could easily double for EU consumers following a no-deal Brexit (due to tariffs, for instance). If demand for lamb in the EU decreases, then Welsh farmers need to immediately find another solution to store and sell their lamb nationally instead of exporting it.
Is there a silver lining at all?
I’m not saying that Brexit will only be damaging for the UK – there will almost certainly be a major opportunity for us to recreate/rebuild farming and the food supply chain for raw food materials.
Historically, some SMEs source food produce and raw materials from the EU; regulatory-speaking it made little difference if something was EU or UK sourced. For example, SMEs import flour and other ingredients from the EU to the UK; the supply chains work efficiently and effectively, and businesses like routine. This makes them difficult to change. But if sourcing flour and other food produce will become difficult and more expensive post-Brexit, then there is definitely an opportunity to relocate the source and to create products locally or nationally.
Potentially, we will see a higher percentage of food produce sourced in the UK, increasing the UK’s self-sufficiency when it comes to sustenance. This scenario could equally apply to the UK’s manufacturing industry, as we need to produce more products internally.
When do you think this might start to happen?
Well again there is a downside. These are significant changes and ones that will require a lot of time; changing supply chains requires new networks and links, new producers, new systems and much more. But the most significant requirement is market certainty. In order to commit to making such drastic changes, businesses need to know that they are operating in a stable market environment where there won’t be any additional unexpected surprises.
And we don’t have much certainty yet.
Indeed. The UK’s future relationship with the EU remains very much undecided and unclear, and this has a huge impact on SMEs. They are simply stuck – most don’t have time, resources, capacity, or funding to rebuild their entire networks before the end of 2020.
The Panalpina Research Centre at Cardiff University (PARC) is a joint industry-university initiative that aims to achieve world-class research with impact in the fields of logistics and manufacturing management. They bridge the gap between theory and practice in these areas for the benefit of the economy, environment and society. This article was originally published on the Cardiff University blog.
All articles published on Click on Wales are subject to IWA’s disclaimer.


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It’s that time of year again. Christmas is coming, and it’s time to find the best deals and research the best products. And where does everyone go these days to find the deals and do their product research? You guessed it. The Internet. Should employers be concerned with this? Absolutely! Online shopping results in significant productivity losses, excessive bandwidth usage and serious threats to cybersecurity.
Lost productivity can mean big bucks for your company. A recent study by Comscore found that 50% of all online holiday purchases occur during working hours. For the companies in the study, the typical productivity loss during the short holiday season averages $15,000.
Adding insult to injury, the additional traffic will lead to network slowdowns due to significant increases in bandwidth usage. Just as they did in previous years, online retailers are now preparing bandwidth-hogging promotional videos to help sell their products. Remember last year? On Cyber Monday 2011, video views increased by 897 percent over the previous year. And now the number of views this coming Cyber Monday are expected to exceed last year’s. So, it is critical to prevent vital bandwidth from being consumed by non-productive Web-use.
Contributing to the danger, hackers and identity thieves are very aware of these online shopping patterns. They are fully prepared to deceive online holiday shoppers with very appealing schemes – “deals” that require them to click a link to special discount or filling in personal information before they can get the deal. These acts can lead to malware infection or pose significant risks to your organization’s network and sensitive data.
The peak period for all these holiday-related problems is coming soon. The Comscore study tells us that 80% of all annual online purchases occur between Nov 26th (CyBer Monday) and Dec 14th. So now is a good time to remind your employees of your organization’s Web-use policy and make sure you have the right protections in place.
Dennis McCabe, President of Wavecrest Computing, recommends that companies monitor and/or filter employee Web-use to better protect themselves from lost productivity, excessive bandwidth usage and security threats. His company is ready to help them do this. Easy to use and priced to fit any budget, Wavecrest products are tailored to address all aspects of Web-use management reliably and cost-effectively.
Since 1996, Wavecrest Computing has developed, marketed, and supported a spectrum of innovative Internet usage monitoring, analysis, filtering, and reporting solutions. Their products help all types of organizations manage employees’ online activities, ensure compliance with acceptable use policies, preclude legal liability and prevent bandwidth abuse. Founded 15 years ago, their client base has grown to more than 3,000 organizations, including many prominent Fortune 500 companies and high-profile government agencies.


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Today, Corsair launched an all new generation of all-in-one liquid CPU coolers in the new Elite Capellix series. The H100i Elite Capellix, H115i Elite Capellix, and the H150i Elite Capellix all feature a split-flow copper cold plate, ML RGB Series fans, and an included iCUE Commander CORE Smart RGB Lighting and Fan Speed Controller.
Corsair is launching three new mid-tower cases designated the 4000 series. Each new case will feature never before seen innovations like the RapidRoute cable management system. Starting with the 4000D with its minimilistic design, the 4000D Airflow with a full mesh front panel, and the 4000X RGB featuring a tempered glass front panel, Corsair offers plenty to choose from. Here is the official product launch from Corsair.
With the impending release of Nvidia’s latest video cards, Alphacool has released a water block designed to fit on various models of RTX 3080 and RTX 3090 graphics cards. The new block focused on performance improvements reducing the thermal pads to 1 mm and the nickel-plated copper block was made thinner.
This article will serve as a reference for those who would like to compare results with our reviews, whether you are writing an article for the site or just testing the performance of your new GPU. The plan is to update the article as changes in our testing procedures occur. On to the gritty details…
The Pure Base 500DX, a mid-tower chassis from the German manufacturer be quiet!, is looking to improve on the already successful Pure Base 500. The 500DX has been re-engineered and is now optimized for cooling and allowing for maximum airflow. Featuring clean, subtle ARGB lighting, it looks amazing whether you chose black or white. Let’s take a look at what the Pure Base 500DX offers.
EVGA’s lineup for the Intel Z490 platform consists of the DARK and FTW WiFi. The DARK is tailored for extreme overclockers and serious enthusiasts. However, if you’re after a more conventional, but still feature-rich gaming motherboard, then the FTW is worth taking a look at. Even though the DARK is their flagship motherboard, EVGA hasn’t overlooked the FTW in terms of overclocking support tools and features.
Alphacool has just released a new tool for all of us water-cooling enthusiasts. The leak testing tool checks the pressure in your water cooling system to help determine if any leaks are present. Since not all leaks are immediately realized, this simple tool could save thousands of dollars if a leak were to go unnoticed. Here is Alphacools product release notification.
With NVIDIA’s Ampere announcement yesterday, card partners are rushing to get their SKUs in order for the impending release. MSI is releasing two graphic card series based on NVIDIA Ampere, the Gaming and Ventus lines. Below is the press release from MSI, including a link to a live stream later tonight (9/2).


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Output has designed the 12-inch and remix CD single sleeves for D.Kay & Epsilon’s latest release, Barcelona. The sleeve is essentially a ‘montage of Gaudi architecture and line-drawn elements to represent the city’s architecture’, says Output creative director Rob Coke. The colours and the dot matrix-style typeface were inspired by airport signage, he adds. Barcelona is released this week on the BC Authorised label.
From an editorial influenced graphic style to a changing education landscape and a burgeoning international outlook, what defines design in New York?
Stories That Never Stand Still has been created “by people with ADHD, for people with ADHD”, and features educational articles alongside personal accounts that attempt to cut through the stigma
Precious Plastic seeks to tackle a “global problem on a local level” by sharing blueprints for industrial plastic recycling machines.
The new identity has been launched to mark the platform’s tenth anniversary, as well as support its mission to get more fans directly supporting music creators.


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Beijing daily news (reporter Xiao Haiyan Su Changchun) yesterday on a Alipay five yifangda will jointly fund companies launched the balance of treasure two generation regular treasure news spread, but in response to this news, Alipay official has denied.
yesterday, media sources said, Alipay will soon and ICBC Credit Suisse, Yi Fangda and other five fund companies pushing the balance of treasure product No. two "regular treasure". In this regard, the Beijing Daily reporter called Alipay official, the person said the company currently does not have the plan, and that any Alipay products will be on the official caliber prevail.
denied on the issue of regular treasure, but does not rule out the possibility of a real regular treasure. Some industry analysts believe that, although Alipay official denied on the matter, but it may be due to open and system maintenance etc. the product is not mature, not to officially release time.
according to market sources, regular treasure short-term financial products Alipay latest build, product positioning in 7 days, 14 days, 30 days, 60 days of short-term financial project. Different with the balance of treasure only bound Celestica fund a product, the Alipay will choose to cooperate with the South Fund Nadu fund, State Street fund, ICBC Credit Suisse fund and fund five fund companies. Committed to the development of an upgraded version of the balance of income treasure treasure financial products.
for the specific mode of operation, a regular treasure industry said Alipay will be from the Internet finance to targeting the mobile platform, a regular treasure will be placed on the mobile phone platform. It is worth mentioning that, given Alipay is devoted to mobile phone users free transfer deals, to attract investors. In addition, the regular treasure background will also be directly into the Ali cloud system, mainly to support the development of large customers.


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UK: Southern Comfort stakes claim to February
The company announced last week that it will roll out a television campaign for Southern Comfort from November in the country supported by radio, online and national print advertising. It follows Brown-Forman's efforts to support Southern Comfort's colloquial bar name 'SoCo' across the UK since its popularity with consumers in the US.
"Around GBP2m (US$4m) will be invested in the remainder of the year, predominantly in November and December," a spokesperson for Southern Comfort's owner, Brown-Forman, said. "TV will be our main medium. Historically, over the past two years we have been the number one spirit advertiser on TV. Our intention is that we will be again."
In addition to the spend supporting the brand's new image, the company gestured towards its intentions to stake its claim on the consumer's calendar with Southern Comfort linking to Mardi Gras.
The wine and spirits group explained that it had "looked around at what was happening in the industry and what could be learnt from Guinness and its association with St Patrick's Day, or Jack Daniels celebrating Jack's birthday in September and saw themes were coming out, with brands owning the same space and time on the calendar year in, year out."
The company added: "We're a proud brand, we're from New Orleans and we thought: 'You know what? February is Mardi Gras, what a great opportunity to start leveraging that property and that time of year'. We believe it's a great opportunity to own February and really rejuvenate that slow period post-January. It's not just a one-off, we're looking to make this an annual part of our brand activity."
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Yesterday Facebook announced some pretty major changed to their News Feed. Specifically, clicking an article may not show up to three related articles, and new comments on a story you’ve already seen can “bump” that story back into your feed as it is made relevant again. Lastly, they are going to begin policing the “meme” content to an extent, especially on mobile.
While the first two changes have received significantly more attention by marketers, the new meme policy will likely have the biggest immediate impact for companies still using the image marketing practices widely preached just a year ago.
Image marketing on Facebook refers to the practice of sharing content by posting a picture with a link in the comment, rather than using the more standard link post. This lead to many marketers using lighthearted and sometimes confusing memes while underhandedly also sharing their content. This type of practice has been slowly being dismantled for the past few months, ever since Facebook changed how prominently Link posts were shown in the News Feed. Before that update, image posts were shown with much more prominent display size, so it was a ripe target for abuse.
Now that Facebook is targeting memes it is pretty clear that the old image marketing practices are outdated and it makes more sense to simply follow the more common link marketing practices. Not only is it a more honest approach to serving content to your visitors, but Facebook is going to show you favor.
As Greg Finn from Marketing Land explains, Facebook has gone “all in” regarding turning their social media platform into a more focused news source. A recent study has shown that 1 out of 3 Americans now use Facebook as a news source, and Facebook seems determined to put a heavy emphasis on that mode of usage for their site. Looking forward, the only way to stay ahead of their changes is to focus on delivering your audience the best quality content you can create.


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HOUSTON (ICIS)--Moody’s Investors Service said its rated companies in China will be able to weather the US’ plan to impose tariffs on up to $60bn in annual Chinese imports, as these firms generally cater to the domestic market, the credit ratings firm said.
“Based on Moody's initial assessment, the impact on Moody's-rated Chinese companies would be manageable, because most of these companies rely heavily on domestic markets, and for companies exporting to the US, such exports generally account for only small portions of their total sales,” the credit ratings firm said in a statement dated 23 March.
US President Donald Trump announced on 22 March the plan to raise trade barriers on Chinese products, in what Moody’s deemed as “the most significant of a series of trade measures undertaken by the US Administration so far”.
A list of targeted products will be published by the US Trade Representative in 15 days, with a 30-day period for public comment.
China, in response to the US measure, announced plans for reciprocal tariffs on $3bn of certain imports from the US.
“The planned US tariffs specifically target high tech sectors in China, including aerospace, information communication technology and machinery,” Moody’s said.
China’s retaliatory move, on the other hand, is not expected to disrupt the supply chains of Chinese companies, the ratings firm said.
“However, the negative impact could be greater, if both the US and China significantly expand tariffs and adopt other material and broad-ranging protectionist measures,” it said.
Moody’s also warned of “indirect, second-round effects, through supply chains and the respective domestic economies, which would result in a deeper impact”.
There have been concerns about a possible trade war between the world’s two biggest economies since Trump announced on 8 March that the US will impose import tariffs of 25% on steel and 10% on aluminium. US petrochemical players deemed the protectionist move would be detrimental to the industry.


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Economy | January 24th 2023
The government will achieve a surplus despite spending heavily on residents to assuage higher consumer price inflation.
The measures will help support residents and only slightly reduce our fiscal surplus forecast for 2022.
The territory is well placed to continue its recovery, despite headwinds from a more challenging global environment.
The territory has returned to fiscal surplus two years ahead of our projections.
Economy | March 10th 2022
Positive trends from 2021 will continue to pay dividends this year, despite headwinds from the Russia-Ukraine crisis.
Economy | February 8th 2022
The payment will support the economy at a difficult time, with little additional fiscal burden.
Economy | January 5th 2022
The return of the cruise industry will bolster the overall recovery in tourism in 2022-23.
Economy | October 13th 2021
A full recovery will be curtailed until cruise tourism resumes, given the importance of the industry.
Fiscal policy will remain expansionary as the government aims to boost the recovery amid a tourism downturn.
The update bodes well for the tourism sector this year. A fast vaccine rollout will also be supportive.


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French group Bonduelle has announced a like-for-like increase in turnover of 1.9 per cent to €1.02bn for the first half of financial year 2016-2017.
According to the company, the result demonstrated Bonduelle’s resilience in the face of the changing economic, financial and consumption climate, as well as the troublesome harvests of summer 2016.
Turnover within Europe remained virtually unchanged during the period, Bonduelle reported. This despite a downturn in the canning segment, as harvest deficits recorded in summer 2016 resulted in fewer promotional activities.
By contrast, the frozen segment achieved positive growth over the period, while sales in the fresh processed and ready-to-eat segments remained stable.
Outside of Europe, turnover increased by 6.6 per cent, despite little sign of consumption recovering in and around Russia. North America recorded strong growth, especially in Canada, while the repositioning of Bonduelle’s canned range facilitated resumed growth in South America.
Last week, Bonduelle announced an agreement to acquire Ready Pac Foods, the US market leader in single-serve salad bowls.
According to the group, the transaction is a key step in its VegeGo! 2025 strategy to be "the world reference in ‘well-living’ through vegetable products". With this acquisition, the US will become the largest country for Bonduelle’s operations.
Ready Pac Foods will become Bonduelle fifth business unit, dedicated to the fresh business in the Americas and named Bonduelle Fresh Americas (BFA).
Excluding the acquisition of Ready Pac Foods, Bonduelle expressed confidence that the group would meet its annual targets at the higher end of the initial range, with turnover growing by an estimated 2-3 per cent and operating margin remaining stable.