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China's trade surplus exaggerated, European trade expert says
Updated: 2010-12-29 14:07
BRUSSELS - China's trade surplus has been exaggerated by the current statistical method to measure trade, an expert at a Brussels-based think tank said.
"I would say that China's export is not as large as some say it is. The large export figures include value that has been added in other countries before the assembly in China," Hosuk Lee-Makiyama, co-director of the European Center for International Political Economy (ECIPE), told Xinhua in an interview.
Lee-Makiyama said that current international trade statistics do not reflect the true "value added" of the goods that are mostly designed, manufactured and assembled in more than one country. Many products assembled in China and then sold in the United States are registered as exports from China, according to the concept of country of origin for manufactured goods used in current trade measurement.
"This follows the conventional statistical method of determining a product's origin by the country where it is finalized, and all of the product value is attributed to that last country," he explained.
Lee-Makiyama cited Apple's iPhone as an example.
A product like Apple's iPhone, which is "made in China," is said to have added about $2 billion in trade deficit for the United States. But in reality, only one percent of its total value-added comes from its final assembly in China, while the rest goes to other countries, including the United States, where the product is designed and marketed.
If the calculation were based on value-added, trade imbalances between China and the United States would turn out the other way: The iPhones would bring a trade surplus of $48 million to the United States, Lee-Makiyama said.
"That's how the current method of trade registration exaggerates China's exports," he said. "China's large export figures actually include contributions by US workers, engineers, designers and drivers."
Lee-Makiyama does not agree with the prevailing opinion in Washington that China is the sole beneficiary of globalization.
He also said it is the China-centric manufacturing and supply chains that have enabled many US companies to export their ideas and products all over the world.
According to latest trade statistics, world trade in manufactured goods, which are mostly exported by China, is four times bigger than trade in services, which are mostly exported from the European Union and the United States.
Lee-Makiyama explained that if we separate the cost of product components and raw materials from the total cost and measure only the value-added parts, trade in goods and services is probably of similar size.
He noted that China has practically no exports in services compared to countries such as India, which has created a viable export sector.
In the era of globalized supply chains, calculating trade balances between nations will soon become irrelevant, the trade expert believed.
"A country can have huge surpluses while making little or no profits. Similarly, some run a tremendous trade deficit on paper, yet amass great wealth," he said.
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The State Council launched a new round of measures to rein in property prices.


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Apple is losing ground in the global smartphone market despite record sales of the iPhone, according to research.
A report from Strategy Analytics released on Tuesday put Apple's share of worldwide smartphone sales in the third quarter of the year at 13.4pc, compared to 15.6pc a year ago. This came despite it selling 33.8m iPhones in the quarter, a 26pc rise on the same quarter a year ago.
Although Apple has grown sales, it has a relatively low share in emerging markets, where cheaper smartphones have boomed in popularity.
The company has been under pressure to release a cheaper version of the iPhone to target China, but disappointed some investors last month by releasing the plastic iPhone 5c at a relatively dear price point.
Chief executive Tim Cook has said he is unwilling to release an inferior product at low cost. "We're winning with our products in all the ways that are most important to us," he said last night.
In comparison, Samsung grew its share of the market from 32.9pc to 35.2pc, with shipments up 55pc year-on-year to 88.4m. The Korean giant has continued to expand its market share since overtaking Apple as the world's biggest smartphone seller two years ago.
China's Huawei was the third-biggest player with 12.7m sales, followed by LG and Lenovo. Total smartphone shipments were up 45pc year-on-year to 251.4m, evidence of the rapid growth in demand in emerging markets.
Strategy Analytics executive director Neil Mawston said that he expects Apple's market share to rebound towards the end of the year, following the release of the high-end iPhone 5s.
Reporting interim results on Monday night, Apple said it expects revenues of $55bn-$58bn (£34bn-£36bn), against $37.5bn in the most recent quarter.
The company's iPhone sales beat expectations in what is a relatively slow quarter for the company. A slowdown in sales growth has worried investors, but yesterday Tim Cook promised exciting new product categories next year.

domain: news


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In an effort to expand its global presence, Ozone Media has partnered with New York based advertising technology company, AppNexus. The partnership will address the needs of the middle market advertising community by providing technical expertise for delivering real-time creative and cross-platform access to programmatic advertising inventory.
With this partnership, Bangalore based Ozone Media gains greater exposure to AppNexus’ global platform, allowing it to expand into new geographies including North America.
Budget-conscious advertisers will now have access to Adadyn, Ozone Media’s end-to-end platform for generating dynamic creative content and executing programmatic media buys. Working with AppNexus, Ozone designed Adadyn to simplify the currently existing complicated technology stack for delivering real time creative and cross channel media buys. The platform will offer a desktop display as well as mobile and social targeting capabilities, offering advertisers an end-to-end programmatic buying experience across multiple formats.
The IDG Ventures funded Ozone Media had earlier developed an advertisement re-targeting platform, Smarton aimed at ecommerce companies, and a women centric ad channel Eva to reach out to women netizens.
#ShortNews: News you could use, useful data and actionable insights in a crisp and easy format. (Feedback:email@example.com)


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- Crypto wallet company Exodus has begun to sell corporate shares after gaining approval from the SEC this week.
- The news comes ahead of upcoming stock offerings from Coinbase, Kraken, and Robinhood.
- Exodus has chosen to trade shares on its own platform rather than on a mainstream stock exchange.
Share this article
Crypto wallet company Exodus has begun to sell shares of its company stock, according to a recent press release.
Exodus Begins to Offer Shares
Exodus says that it received permission this week from the U.S. Securities and Exchange to begin offering shares of its wallet company as Class A common stock under Regulation A.
The company began to sell the stock at 9:00 PM EST on Thursday, Apr. 8, 2021 at a price of $27.42 per share.
The company’s approach is unique due to the fact that it chose to sell shares on its own in-app trading platform rather on than mainstream exchanges. Exodus CEO JP Richardson explained on Twitter: “While the stock market was closed, we were selling Exodus stock in a crypto-only public offering all within Exodus.”
More Upcoming Offerings
The news comes less than a week before crypto exchange Coinbase plans to launch an IPO on the public stock market. Kraken, also a crypto exchange, doubled down on its plans to go public in 2022 after initially suggesting that course of action in late March.
Stock and crypto trading company Robinhood is additionally planning a stock offering, according to recent reports.
While early blockchain companies tended to carry out crypto-based ICOs rather than stock offerings, regulations have made it difficult to run an ICO. Furthermore, the companies listed above are all well-established and have attracted corporate and VC investments in the past; stock offerings may appeal to those same investors.
Those factors could partially explain why crypto exchanges are turning toward traditional stock offerings.
At the time of writing this author held less than $75 of Bitcoin, Ethereum, and altcoins.
Coinbase’s $30 Billion IPO to Be Led by Goldman Sachs
New details about Coinbase’s Initial Public Offering (IPO) have been reported by third-parties and insider sources. Goldman Sachs Will Likely Lead IPO Goldman Sachs may lead Coinbase’s upcoming IPO, according…
What Are Non-Fungible Tokens (NFTs)?
Tokenization is well-suited for commodities like fiat currencies, gold, and physical land. A fungible asset’s representation on blockchain makes commodities tradable 24/7 via borderless and frictionless transactions. Fungible goods are…
Uniswap Now Has More Than $3 Billion in Liquidity
Uniswap’s liquidity is surging. At press time, the decentralized exchange had $3.18 billion of liquidity. Uniswap Liquidity on the Rise Uniswap has reached this milestone without having any liquidity incentive…


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Is Bigger Better?
What began as a small cottage industry grew out of necessity as local governments became adept at collecting property taxes, while shifting fiscal responsibility for amenities once paid for through tax dollars onto the backs of homeowner association dwellers. Taxation without representation? A whole other article, but what started out as a lifestyle choice has morphed into a huge industry and the “big boys” have taken notice! Read the article………..
Can a co-op board stop a shareholder from giving tuba lessons at home? More and more people are working for
Regarding the Feb. 10 front-page article “The spat that laid low Olde Belhaven”: I will resist the urge to take


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New York: Microsoft said Thursday it would shut down professional social network LinkedIn in China, citing a “difficult operating environment” as Beijing tightens control over technology companies.
The US-based company will replace LinkedIn in China with an app dedicated to applying for jobs but without the networking features, according to senior vice president of engineering Mohak Shroff.
“We are… facing a significantly tougher operating environment and stricter compliance requirements in China,” Shroff said in a blog post.
According to the Wall Street Journal, LinkedIn has been given a deadline by Chinese Internet regulators to better monitor the site’s content.
LinkedIn, which was launched in China in 2014, allows people to use their personal and professional connections to find employment opportunities.
Chinese authorities have targeted a range of local tech behemoths for alleged monopoly practices and aggressive collection of consumer data.
The campaign is part of a broader government policy to tighten its grip on the world’s second-largest economy, including targeting private education, real estate and casinos.
Microsoft will “turn off” the Chinese version of LinkedIn and launch an InJobs app dedicated to professionals connected in this country with companies looking for employees, according to Shroff.
Microsoft bought LinkedIn for just over $ 26 billion in 2016, and has worked to strengthen its presence in China despite concerns about online censorship.
Facebook and Twitter have been banned in China for over a decade.
Google left the country in 2010 in response to a hacking attack and censorship.
E-commerce giant Amazon’s website is accessible in China, but the market there is dominated by local players like Alibaba and JD.com.
(Except for the title, this story was not edited by NDTV staff and is posted from a syndicated feed.)


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CFO at Base
Articles by Liz
Back in March, we shared that we were committed to becoming fully GDPR compliant by the May 2018 deadline. We are happy to report that we are ready for GDPR and will be fully compliant by May 25th, 2018.
On May 25th, 2018 a new privacy law goes into effect across the European Union (EU). It is called GDPR or General Data Protection Regulation. Any company that does business in the EU is required to adhere to GDPR. As a company that not only does business in the EU, but has a major office in the EU we are committed to becoming fully GDPR compliant by the May 2018 deadline.


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Can blockchain-based social media platforms solve the current issues faced by mainstream platforms? It’s hard for most people.
During Virtual Blockchain Week, Justin Sun recounted his version of the events surrounding Hive’s controversial fork away.
Essentially, users post articles about various topics to the site. Readers can then vote on articles they like or dislike. Posts that receive a lot of positive attention are then pushed to Reddit’s front page. Well, Reddit now has a new competitor called Steemit. Much like Reddit, Steemit.
I recently came across Steemit, a Reddit-esque platform which seems to be running on the Steem blockchain. It looks like it is paying its users to post and curate content. However, it looks rather.
Free Bitcoin WordPress Theme Crypterio – Bitcoin and Cryptocurrency WordPress Theme Quentin. Before making a purchase, please read the Terms and Conditions on this page: https:// null. . you do that. Here's a list of the best WordPress cryptocurrency exchange plugins that you can use. This plugin also has several color themes and a separate logo for each currency.
08/05/2017 · STEEM — Like Bitcoin only better. Dr Arif Akhtar. Follow. May 8, 2017 · 4 min read. In a hurry to get started — make an account on STEEMIT now. Introduction. When it.
For a small fee payable with Litecoin, Steem, or Bitcoin, you’ll have your Steem account TODAY. AnonSteem. Welcome to AnonSteem. Using AnonSteem you can purchase accounts for use on the Steem Network, including Steemit, DTube, Busy etc. There are no functional differences between accounts created through Steemit.com and AnonSteem, the only key differences are that accounts.
SAN FRANCISCO — Not so long ago, the technology behind Bitcoin was seen in. is what’s most interesting to many people working on decentralization. The key to Bitcoin is its blockchain database, which provides a way for a. and Steemit, have faced many of the same problems that Bitcoin has, 24 May 2019. We’ve rounded up some of the most interesting facts about Bitcoin. In fact, back in 2013.
Steem is a social blockchain that grows communities and makes immediate revenue streams possible for users by rewarding them for sharing content. It’s currently the only blockchain that can power real applications via social apps like Steemit. Create an account. Upvoted on Dtube. Shared on eSteem. @Flowerpowergurl. Posted on Steemit.
Dec 30, 2019 – Explore evilos's board "Steem Monsters The Crypto Blockchain Trading Card Game" on Pinterest. See more ideas about Blockchain, Card.
How To Start A Bitcoin Faucet The novel coronavirus shut down major sports worldwide and, in the process, crushed the sports-gambling industry. Casinos, 21 Jan 2018. A Bitcoin faucet is a type of website that gives away small amounts of. Websites such as Coinality is a good place to start if you are looking to. Could Coinbase Please Stop Setting Transaction
30 Mar 2020.
As a glance at the charts of both cryptocurrencies reveals, Hive also managed to outperform its predecessor in terms of price development during.
Track real-time market and fundamental asset data for Steem from across the crypto ecosystem.
Steemit was the first community built on the Steem blockchain.
6 Apr 2020.
A boutique law firm is leading a bevy of charges against the biggest names in crypto while MakerDAO plans its obsolescence.
Omniwallet Wiki · Github One Bitcoin Price Buy or sell Bitcoin. View real-time BTC price, and stay up to date on BTC value with live charts. Millions of users trust eToro to trade crypto. Enter a market or a trader’s name . English. Have an account? Sign in. Trade. Watchlist Portfolio News Feed . Discover. Trade Markets Copy People
5 Apr 2020.
The Steemit saga has captured the minds of the crypto community as a classic story of centralization vs decentralization, with the Steem.
Steemit Tutorial allows anyone to earn cryptocurrency for free by posting, commenting and sharing on steemit blockchain without any investment.


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After Shipping 1 Million Units, Pebble Plans to Reinvent Itself
After two generations of Pebble smartwatches, the Pebble Technology Corporation has plans to preserve the magic, the company CEO Eric Migicovsky has told The Verge.
During the December quarter, Pebble surpassed an important milestone: They sold their one millionth unit. However, a lot has changed since the 2013 launch, as more players have stepped into the wearables market.
The only major competitor was Google’s Android Wear: We’ve seen the launch of plenty of Samsung Gear smartwatches, but less public sales numbers. Last year, however, brought notable changes: Among other players, Apple has officially stepped into the wearables market with the Apple Watch, which will start shipping in April 2015.
As a result, the Pebble founders have plenty of reasons to worry: First of all, the media’s attention has turned to these new players, and one of the most anticipated events of the first half of the year in the tech world is the official launch of the Apple Watch.
Migicovsky, however, is positive: Pebble increased its head count to 100 last year, luring away the webOS TV design team from LG, which was tasked with creating a new software platform. The result will be visible in 2015, as Pebble plans to re-invent itself to preserve momentum: New products and a new software platform are coming.
The new platform will be “unlike anything else used on smartwatches to date”, Migicovsky says. He kept mum on the details, so we will have to wait until later this year to see what has been keeping the Pebble team busy lately.


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The days leading up to Christmas are a shopping frenzy as everyone prepares to indulge family and friends with piles of presents and lavish parties.
But while many stores close on December 25, the retail craze often restarts the day after Christmas, to cater to those who have received the wrong size clothing or want to exchange an unwanted gift. want to take something else to their liking.
Read on to find out if the day after Christmas 2021 is open for Walmart, Target, Kohl’s, Best Buy, Macy’s and many other great stores.
Please note, while Newsweek Contacted every retailer included in this section, some have yet to respond, meaning it’s always important to check with your local store before visiting on Dec.
Shoppers at the world’s largest company by revenue know that Walmart is typically closed on Christmas Day.
Walmart spokesperson confirmed Newsweek More than 4,700 Walmart stores will return to “normal hours” on December 26, opening at 6 a.m. and closing at 11 p.m.
While the stores of US retail giant Target will be open from 7 a.m. to 8 p.m. on Christmas Eve, they will close on December 25.
However, hours can vary by location, meaning shoppers are advised to check Target.com or the Target app for more information on opening times for your local store.
A spokesperson for department store chain Kohl’s told Newsweek Its festival opening hours have yet to be announced.
“We have yet to announce our opening hours during the Christmas time frame, but we’ll be happy to share with you when we do,” Kohl’s said.
While consumer electronics retailer Best Buy closes on December 25, normal business hours are expected to resume the day after Christmas, according to the Holiday Schedule.
The American department store chain Macy’s closes early on Christmas Eve and will close on Christmas Day.
Luckily for shoppers, Macy’s will open early the next day, at 7 a.m., while closing at regular hours, according to the Holiday Schedule.
Video games and consumer electronics stores Gamestop stores are accessible during their normal opening hours on Christmas Eve and closed during Christmas Day.
Gamestop stores are then scheduled to reopen for extended hours on Sunday, December 26, by Holiday Shopping Time.
Your one-stop shop for essentials will close on Christmas Day 2021, Country Life Report.
Fortunately, CostcoThe store’s holiday closures are unrelated to the day after Christmas, meaning the big-box retailer will likely open for business as usual on December 26.
BJ . Wholesale Club
The popular members-only warehouse club chain will be closed for the entirety of Christmas Day 2021.
But according to the BJ Wholesale Club opening hours website, normal hours will resume the day after Christmas.
The members-only retail warehouse retailer will close its stores on Christmas Day.
Like many stores, America’s largest home improvement retailer closes on December 25, 2021.
However, Home Depot customers will regain access to its stores the day after Christmas,cc according to Opening and Closing Hours.
The home improvement retailer will close on Christmas Day 2021.
But fortunately for those who decide to make the most of the holidays by doing it themselves, Lowe’s stores will return to normal operating hours the day after Christmas.
A spokesperson told Newsweek: “While our stores are closed on Christmas Day to give associates and customers time to spend with their families, Lowes.com will always be available to serve customers looking for something new to offer. something special on Christmas Day. Lowe’s will resume normal business hours on December 26.”
The popular department store chain will not open on December 25.
However, there is no indication that JCPenney will not reopen the day after Christmas, according to the store’s Holiday Hours.
Then on December 26, the day after Christmas, Old Navy stores will remain open from 7 a.m. to 11 p.m.
The department store will close all of its more than 1,000 stores on December 25 of this year.
But according to the Holiday Schedule, regular opening hours are re-established the day after Christmas.
https://www.newsweek.com/day-after-christmas-store-opening-hours-1653575 When are Walmart, Target, Kohl’s, Best Buy, Macy’s open?


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Art Beat applications for the 29th Annual Harmony Arts Festival, presented by Odlum Brown Limited, are now open.
The online application is a guided step-by-step, user-friendly process and can be accessed at harmonyarts.slideroom.com.
The application deadline is Friday, May 17, 2019.
Art Beat showcases local artists in local businesses in Ambleside Beach and Dundarave Village. The program works in partnership with the Ambleside-Dundarave Business Improvement Association in order to highlight the unique businesses along Marine Drive.
What is Art Beat?
- Art Beat seeks to promote artists as part of the Harmony Arts Festival experience, by showcasing their works in the storefronts of local businesses. Artists working in all mediums, including glass, ceramics, painting and jewellery are welcome to apply.
- Works are available for purchase.
- This is a non-juried exhibition and sale of artists’ works.
- The Harmony Arts Festival reserves the right to select artists based on the appropriateness of the artwork and suitability of placement with participating store locations.
- There is no fee to participate.
- Pairings of businesses and artists will be arranged by the Harmony Arts Festival.
- Artists must carry their own insurance.
- Participation will be confirmed by email shortly after June 21, 2019.
Art Beat Street Celebration on Saturday, August 3
A special street celebration will be held on August 3, 2019, that allows businesses to make use of sidewalk space outside their storefronts. Businesses can create and promote special events to attract festival participants to the art and their store. Artists are encouraged to collaborate with businesses to be involved in these festivities.
Benefits to Artists
In recognition of the efforts that participating artists make to exhibit their work for the duration of the festival, a 70 per cent commission on art sales will go to the artist. The remaining 30 per cent will be retained by the business. Administration of sales will be arranged and managed directly between the artists and the businesses.


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Tablets offer long battery life and portability, so why not ditch your laptop in favor of a tablet? Here, then, are some tips for using an Android tablet in the office -- and beyond.
- Senator Warner seeks "grand alliance" to protect against surveillance threat from China’s tech dominance
- HP buys Bromium to apply virtualisation security to PCs
- IoT security is getting worse, not better: researchers
- Study: Bug bounties ‘often inefficient and expensive’
- Windows Defender anti-malware glitch breaks file scanning on Windows 10, Windows 7


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T-Mobile US Makes Gains, but Still Seen as Acquisition Target
With the U.S. cellular market nearly saturated, the battle among carriers for existing customers is intensifying. Meanwhile, the middle tier of the market is rapidly disappearing.
A wave of consolidation began with AT&T’s attempt to buy T-Mobile. That deal failed, but since then, T-Mobile bought MetroPCS, and AT&T is in the process of trying to buy Leap. Sprint has acquired Clearwire and sold a majority stake to SoftBank.
“With this merger behind, all eyes are squarely focused on T-Mobile as to who makes the bid for [the] fourth-ranked operator in the next 6-12 months,” analyst Chetan Sharma said in a report released on Tuesday.
The bullseye on T-Mobile’s chest comes despite the significant gains it made in its customer base last quarter.
“The story of the quarter was the resurgence of T-Mobile which roared back with an industry-leading net-add quarter, something it did last when George Bush was still the president,” Sharma said in the report. The gains included absorbing MetroPCS, of course, but also a big rise in traditional postpaid customers, something Sharma noted hasn’t happened in more than three years. And, as Sharma noted, the gains came at the expense of both profit margins and average revenue per customer.
The battle on the handset side is also showing similar carnage as the growth of new customers slows and the smartphone market gets further divided between the haves (Apple and Samsung) and the have-nots (everyone else).
“BlackBerry, Nokia, HTC, each once-proud leader of the smartphone ecosystem is struggling,” Sharma said, and comebacks are tough in the phone business.
“In this market, you don’t get too many chances and too many years to turn the ship around,” he said. “Once the customer loyalty is lost, it is very hard to get it back because there are hungry competitors ready to take your spot.”
Both BlackBerry and Nokia are likely to be gobbled up by another company with aspirations to the upper echelon of the phone business. BlackBerry said on Monday that it is considering various options, including selling itself.
“Lenovo is the dark horse of mobile and while there are others like HP and Sony who are looking to reenergize the market, and Huawei and ZTE inching-up every quarter, Lenovo seems better positioned to make an acquisition and make a run for the top 3 spot,” Sharma said.


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Amazon is certainly busy. The same week that the Seattle tech and e-commerce giant grabbed the world’s attention with its new Kindle Fire tablet, Amazon apparently also is talking with Hewlett-Packard to buy Palm and its WebOS software.
Several sources Friday morning are reporting that Amazon is among contenders vying to acquire HP's Palm smartphone business, which HP bought in 2010 for $1.2 billion.
Palm has been a poor seller, according to Forbes, which reported that Amazon was in “serious negotiations” to make the deal.
How does all this related to Kindle Fire? Amazon’s new tablet runs Google’s Android operating system. And Palm’s WebOS would give Amazon an other operating system option.
That could help Amazon get away from having to pay royalty fees to Microsoft, of all companies, for Fire's current operating system.
Microsoft could be one of the surprise beneficiaries of Amazon’s new Kindle Fire tablet, by using its patent claims to Google’s Android operating system (OS) to force Amazon to pay royalties on each device it sells.


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+ The ISM Non-Manufacturing Index rose to a reading of 56.9 in May. There was strong performance in hiring, new orders, and general business activity.
– Factory Orders fell .8% in April. Durable goods orders slowed, and brought this index down with it.
– The Center for Public Affairs Research poll found that workers under the age of 50 were significantly more likely to view America’s aging workforce as a negative development when compared with their older counterparts. About 4 in 10 respondents ages 18 to 49 and 44% of the youngest respondents ages 18 to 29 said they consider the trend to be a bad thing for American workers. “If some 65-year-old is in a position that he’s not ready to quit because he wants a better pension and there’s someone else ready to take that job, they’re not going to replace him.” Nearly 20% of Americans over the age of 65 were employed or actively looking for work last year, up from less than 12% two decades prior, according to the Bureau of Labor Statistics. By contrast, about 6 in 10 Americans age 60 and over say the trend has actually been a good thing for the economy, compared with 3 in 10 Americans under 30 who think that. Adam Ozimek, a senior economist at Moody’s Analytics, says there’s little evidence to suggest that the presence of older workers is “crowding younger workers out of promotions,” noting that many of the workers who would naturally move up and replace positions currently held by baby boomers are not millennials but rather middle-aged members of Generation X. The idea that older workers are keeping jobs away from younger Americans, preventing them from moving up the corporate ladder into higher ranking, higher paying positions, is not a new one. But economists say it doesn’t have much basis in economic reality. “The more of those seniors continue to work, that means they’re also spending. And that spending helps build a rich economy that gives you more jobs and lots of opportunities,” says Andrew Chamberlain, chief economist at employment hub Glassdoor.
+ Gasoline prices are on a nice down trend. President Trump’s move to boost corn-based ethanol was billed as a win for his rural base. Last Friday, the administration followed through on a plan announced last October in Iowa, that would allow year-round sales of E15 gasoline, a brew comprised of 15% ethanol, higher than the current benchmark of 10%. It was a measure championed by corn farmers. Consumers will pay the price in less gas mileage and less reliable gasoline powered products from motorcycles to lawn mowers. The ethanol has an adverse effect on the fuel system, especially if the vehicle sits stationary for any length of time. Auto parts stores sell chemicals to counteract the effects of ethanol mixed with gasoline, but that is an extra cost that could have been avoided of gasoline had been kept pure. Save the corn for food. We don’t need it in our gasoline.
– Freight rates are increasing.
+ #1 heavy melt scrap is down to $261 per ton as well as #1 busheling scrap down to $285 per ton.
+ Raw steel production registered 81.2% of capacity.
– Iron ore FOB Chinese ports is at $97 per dry metric ton.
+ Zinc cost continues to decline.– Galvanized imports for May fell short of April’s performance.
– May vehicle sales figures are in, and as expected, the auto industry slowed 3%. The SAAR was a surprising 17.4 million. Fiat-Chrysler sales rose 2.1%, helped by a huge 33% increase in Ram Pickup truck sales. Ford and General Motors no longer report monthly sales performance, but the estimate is Ford fell 4.1% and GM fell 1.2%. Honda sales rose 4.9%, Toyota sales gained 3.2%, and Nissan was virtually flat with a .1% sales increase.
+ General Motors plans to give car buyers an airless tire on vehicles starting in 2024. The automaker is teaming with Michelin and this week introduced the Michelin Uptis prototype at the Movin’ On Summit for sustainability in Montreal. Uptis stands for Unique Puncture-proof Tire System, GM said. GM will start real-world testing of the prototype tires later this year on a Michigan test fleet of the Chevrolet Bolt electric cars. A spokesperson for GM said the carmaker and Michelin will evaluate the Uptis prototype for other GM vehicles, and announce which other cars might get them at a later date.


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(Picture credit Shutterstock)
Research published today at World Travel Market London forecasts that in the event of a no-deal Brexit, Brits will be much less likely to holiday abroad. Anna Tobin reports
The Euromonitor International study says that if a withdrawal agreement is not reached, the UK’s foreign travel trade will be badly hit. With the uncertainty surrounding Brexit, UK consumer confidence has already fallen this year and there are no signs that it will recover next year. In the event of no deal, the forecast is even gloomier.
“A ‘no-deal Brexit’ is forecast to result in five million fewer outbound departures in 2022 than would have been the case under the baseline scenario,” explains Caroline Bremner, head of travel and tourism research at Euromonitor International. “With the UK economy in a state of flux, and a decline in the value of sterling, departures would stagnate in 2018 and 2019.”
Bremner predicted that the numbers of foreign tourists visiting the UK may rise as a result of the pound falling by up to a further 10%, as a result of no deal, but she counters this by saying: “Any ‘no-deal Brexit bounce’ is only forecast to add 2.3% more arrivals in 2022 than under the baseline scenario. The USA would be the source market contributing the most under this scenario, but with fewer than 100,000 additional arrivals.”
It’s not just the UK tourism industry that will be hit by Brexit either, warns Bremner. It will have a knock-on effect on the European travel industry. UK tourists currently account for 21% of inbound revenue in Spain. “Brexit could reduce 2019 receipts by $747 million (£573 million), compared to a delayed free trade agreement, which subsequently results in a $66 million (£50.7 million) reduction in outbound expenditure from Spain,” she says.
A separate poll of 1,025 British holidaymakers carried out by World Travel Market has also found that if UK tourists to Europe need to apply for a Schengen visa, 58% would consider an alternative destination.


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Evgeny BadComedian Bazhenov published a review of the film “On the District”, in which the producer and performer of the
Winter anime season with the arrival of April came to an end. He gave us a lot of decent shows.
IFixit experts conducted their standard maintainability tests with the new iPad mini 5 tablet (also known as iPad mini 2019).
Chinese giant Huawei has announced the release of new flagships Huawei P30, P30 Pro and P30 Lite in Russia. Lightweight
MEGOGO shared a few duplicate excerpts from the upcoming reload of Hellboy with David Harbor from Very Strange Affairs. They
On the YouTube channel "Games of Thrones" came out two promotional video of the last season of the show. They
At the February exhibition MWC 2019, HMD Global introduced the ultra budgetary Nokia 1 Plus smartphone. Now the novelty is
The series "Gotham" comes to an end – only a couple of episodes remain. And two things are known about
Superman's mustache is a longtime meme, which appeared due to the fact that actor Henry Cavill had to participate in


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You would think that after years of alarms about food safety — outbreaks of illness followed by renewed efforts at cleanup — a staple like chicken would be a lot safer to eat. But in Consumer Reports’ latest analysis of fresh, whole broilers bought at stores nationwide, two-thirds harbored salmonella and/or campylobacter, the leading bacterial causes of food-borne disease.
That’s a modest improvement since January 2007, when CR found that eight of 10 broilers harbored those pathogens. But the numbers are still far too high, especially for campylobacter. Though the government has been talking about regulating it for years, it has yet to do so.
The message is clear: Consumers still can’t let down their guard. They must cook chicken to at least 165 degrees F and prevent raw chicken or its juices from touching any other food.
For its latest analysis, CR had an outside lab test 382 chickens bought last spring from more than 100 supermarkets, gourmet- and natural-food stores, and mass merchandisers in 22 states. Among the findings:
— Campylobacter was in 62 percent of the chickens, salmonella was in 14 percent, and both bacteria were in 9 percent. Only 34 percent of the birds were clear of both pathogens. That’s double the percentage of clean birds CR found in its 2007 report but far less than the 51 percent in the 2003 report.
— Among the cleanest overall were organic “air-chilled” broilers (a process in which carcasses are refrigerated and may be misted, rather than dunked in cold chlorinated water). About 60 percent were free of the two pathogens.
— Perdue was found to be the cleanest of the brand-name chicken: 56 percent were free of both pathogens. This is the first time since CR began testing chicken that one major brand has fared significantly better than others across the board.
— Tyson and Foster Farms chickens were found to be the most contaminated; less than 20 percent were free of either pathogens.
— Store-brand organic chickens had no salmonella at all, but only 43 percent of those birds were also free of campylobacter.
Although Perdue chickens were cleaner than other big brands in the tests, and most “air-chilled” organic birds were especially clean, CR tests are a snapshot in time and no type has been consistently low enough in pathogens to recommend over all others. Buying cleaner chicken may improve consumers’ odds if they fail to prepare chicken carefully.
Each year, salmonella and campylobacter from chicken and other food sources infect at least 3.4 million Americans, send 25,500 to hospitals, and kill about 500, according to estimates by the national Centers for Disease Control and Prevention. While both salmonella and campylobacter are known to cause intestinal distress, campylobacter can lead to meningitis, arthritis, and Guillain-Barre syndrome, a severe neurological condition.
Until chicken becomes cleaner, consumers’ best line of defense involves following these procedures in stores and kitchens:
— Place chicken in a plastic bag like those in the produce department to keep juices from leaking.
— Choose chicken that is well wrapped and at the bottom of the case, where the temperature should be coolest. Buy chicken last before heading to the checkout line.
— If you’ll cook the chicken within a couple of days, store it at 40 degrees F or below. Otherwise, freeze it.
— Thaw frozen chicken in a refrigerator, inside its packaging and on a plate, or on a plate in a microwave oven. Never thaw it on a counter: When the inside is still frozen, the outside can warm up, providing a breeding ground for bacteria. Cook chicken thawed in a microwave oven right away.
— Cook chicken to at least 165 degrees F. Even if it’s no longer pink, it can still harbor bacteria, so use a meat thermometer.
— Don’t return cooked meat to the plate that held it raw.
— Refrigerate or freeze leftovers within 2 hours of cooking.
Filed Under: Consumer Reports


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Digital evangelist Karl Udy says of a new Facebook gaming option (actually a NZ road safety campaign): “This is the sort of innovative engagement we should look to achieve.” There are virtually no computer or smartphone games that are truly evangelistic for outsiders and start people thinking.
The various books by journalist and researcher Malcolm Gladwell, are hugely insightful in understanding communication. It is encouraging to know that Gladwell has experienced a return to faith through the writing of his latest book David and Goliath.
How to cultivate new ideas, says Ministry Best Practices.
Online video is best when shorter. Usually.
(Source: Web Evangelism Bulletin – October (i) 2013 )


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February 8, 2013 |
KOLKATA: The Board of Balmer Lawrie & Co Ltd, Mini Ratna Category-1 CPSE with diversified business portfolios, has reported a good third quarter result as per the accounts adopted for the quarter ending 31st December 2012, at its Board Meeting held in Kolkata on 08 February 2013. The net income has gone up by around 16% to Rs 646 crores for the third quarter of the financial year 2012-13 from Rs 558 crores for the corresponding quarter last year. The Profit Before Tax (PBT)
July 29, 2010 |
KOLKATA: Net profit of Balmer Lawrie & Co increased by 15 per cent at Rs 117.29 crore during 2009-10, compared to Rs 101.61 crore in the previous fiscal. Net income of the company during the last fiscal marginally declined to Rs 1,673 crore, from Rs 1,697 crore in 2008-09. The company said in a statement that the decline in net income was due to slowdown of the economy.
May 24, 2005 |
KOLKATA: In spite of the petroleum ministry asking the management of Balmer Lawrie & Company Limited to prepare a growth plan for the future a few months back, the central PSU has not been able to draw up a comprehensive strategy citing reasons of 'competing resource requirements'. A highly-placed official of Balmer Lawrie said on Tuesday that in a recent meeting of heads of the several strategic business units (SBUs) of the company, a comprehensive plan was indeed drawn up. ...
May 25, 2012 |
In a chat with ET Now, Mitesh Thacker , Technical Analyst, miteshthacker.com, shares his views on Balmer Lawrie . ET Now: What is the call on Balmer Lawrie? Mitesh Thacker: Balmer Lawrie is slightly interesting stock. Though again a stock which is not on the very liquid side, the stock has been basically doing a range of about 570 to 535 for last 12 to 15 weeks and there is a chance that it might break out on the upside. Should that happen,...
September 28, 2004 |
KOLKATA: Balmer Lawrie has decided to segregate the businesses of its UK-based subsidiary, Balmer Lawrie (UK) ? container leasing and tea blending and packaging ? into two separate entities this year. "We have decided to restructure the two businesses of Balmer Lawrie (UK). The tea blending and packaging business will be brought under a wholly-owned arm of Balmer Lawrie (UK), SK Mukherjee, director (finance) and MD (acting), Balmer Lawrie said on Friday. "We are...


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This week: A congressman’s pet rabbit flies at taxpayer expense, Smucker recalls some cat food, and a big, red dog gets a reboot.
This week: A new veterinary school is coming in the fall, a new Purdue scholarship promotes DE&I, and the top obesity-related pet insurance claims.
This week: This year’s oddest pet insurance claim gets paranormal, animals who can navigate by the stars, and a list of all the animals who’ve ever been launched into space.
Bravo Packing, Inc., has expanded a voluntary recall of two frozen raw pet food products after samples tested positive for Salmonella and Listeria monocytogenes .
The ASPCA’s Animal Pet Poison Control Center (APCC) has handled more than four million cases of potential pet toxicity since it opened in 1978.
A veterinarian writes an imaginary "memo to clients," inspired by the incredible patience, indomitable good cheer, and flat-out fortitude of her veterinay team during the coronavirus crisis.
What’s it like working a pet poison hotline during a pandemic, when people are cleaning like crazy and calls are up 100%? Even crazier than you might think.
This week: The world’s oldest living pet celebrates another birthday, Japanese scientists get the green light to grow human organs in animals, and you might want to rethink posting pet photos online.
Shelters usually see a 30% increase in lost pets each year around the Fourth of July due to dogs and cats being freaked out by fireworks. The lucky ones are microchipped.
Calls to the Pet Poison Helpline continue to rise as the pandemic goes on. And the toxins reflect how owners' lives have changed.


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The chief executive officer discusses the brand's turnaround since he took over two years ago.
Apparel was a surprising standout performer in an otherwise difficult year.
The actress was in Paris for the French premiere of “Les Misérables” and is believed headed to London for Sunday night’s BAFTA Awards.
Consuelo Castiglioni flew into town for the party at Marni’s Meatpacking District store on Tuesday night and festivities at Saks the following evening.
Back for a fourth time next month, 10 former fashion fund designers will show their fall collections in a communal space during Paris Fashion Week.


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A relatively lesser known 3D avatar app from Korea, Zepeto, recently became a hot trend in some regions of Asia and even in the US. Following that, the app is also now getting a lot of attention in China. According to Tech Node, the hashtag #玩zepeto停不下来# (“can’t stop playing Zepeto”) is being hit hundreds of millions of times on Weibo. Moreover, Baidu searches for the term “Zepeto” have grown exponentially in the last few days. The app has no Chinese version and the recent surge in popularity is also causing trouble for the platform servers, said Zepeto’s official Weibo account.
Zepeto was previously in the news after suspicions and rumors that it was tracking user location. The 3D avatar creator developed by Snow Corporation lets users make 3D avatars of themselves allowing them to meet randomly or through chat rooms and even take virtual selfies. Avatars can be given many different facial features and can be dressed in all sorts of attire. The app itself is free, but like many others, serves ads to keep itself sustainable.
The Korean version isn’t quite Chinese-friendly but it is still in trend right now. After the new surge in popularity, Snow Corporation has agreed to launch a China-specific app called Zaizai by the end of this year. After that happens, Chinese users with the global version will be given the option to migrate to the new app. Zepeto’s creator, Snow Corporation is also behind popular messaging app Line that is used widely in certain Asian countries.


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The Kitchen Letterkenny launches fast and easy online ordering for customers
The Kitchen in Letterkenny has launched a new super-fast online shopping facility to allow their customers to order their favourite food while promoting community safety.
The Mercury Order Retail system makes it wasy for customers to “support local” by providing click and collect and delivery options in what is a transformed retail landscape following the COVID-19 outbreak.
Customers of The Kitchen can now enjoy hassle-free food delivery direct to their door. They can also place food orders online and collect from The Hatch on the main street.
Pat Brady who is co-owner of The Kitchen says: “We are delighted to now be able to offer our customers the opportunity to order their favourite mealsfrom the comfort, convenience and safety of their home.
“Our new system from Mercury Order Retail is very fast and easy to use on any device. It allows customers to easily select their products, duplicate and amend previous orders, quickly pick from their favourites, choose collection or delivery times to suit them, and pay securely at online checkout.
“It only takes a few seconds to register at thekitchen.mercuryorder.com, so customers can begin shopping right away on their smartphone, tablet, laptop or desktop. It’s that easy.
“Our move to take shop local digital adds real value for our customers, especially during this new age of social distancing. We can now continue to provide the best standards of service to our customers while safeguarding not only their health but also helping to protect the community and our team.”
- S Prev


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It took Lindarets and Wolf Tooth to make it happen, but you can now use wide range cassettes with your 10 and 11 speed Shimano road drivetrains.
Fabian Cancellara will make his return to competition at the Tour of Spain.
Blackburn has introduced an innovative new light, the 2 F’er, that quickly and easily switches from a front light to a rear blinky with just the touch of a button.
After years of research and development, GU is pleased to announce its first energy bar is headed into production and will be available at retail in early 2016.
Molly Shaffer Van Houweling will attempt to break the UCI Hour Record on September 12, 2015, at the Velodromo Bicentenario in Aguascalientes, Mexico


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Rivian becomes the third electric vehicle maker to switch to Tesla's charging port, giving its drivers seamless access to the coveted Tesla Supercharger network starting in 2024.
"We’re collaborating with Tesla to open charging for Rivian vehicles at more than 12,000 Tesla Superchargers across the United States and Canada," Rivian says. "This agreement makes electric vehicle ownership simpler by offering more ways to fast charge your Rivian vehicle and supports our shared mission to decarbonize transportation."
Drivers will need an adapter to charge at Superchargers, as Rivian's two vehicles, including the R1T pickup, ship with the Combined Charging System (CCS) port, which is the current standard for non-Tesla EVs. To help drivers find Superchargers, Rivian will add eligible stations to the Rivian app and in-vehicle navigation system.
In 2025, Rivian will stop building its vehicles with CCS plugs and switch to Tesla's port, dubbed the North American Charging Standard (NACS). At that point, Rivian EVs won't require an adapter to use Superchargers. However, an adapter would be required for those future vehicles to use a CCS charger, although most major charging companies, such as Blink and ChargePoint, plan to add Tesla ports to their stations.
Rivian's decision is the latest win in Tesla's campaign to make its custom-designed charging port the industry standard. In November 2022, Tesla officially named its port and published the manufacturing specs. The NACS port is smaller and lighter than CCS. The Supercharger network is also the largest and most reliable network in the nation.
Ford was the first automaker to take up Tesla's offer in late May. GM followed two weeks later. Rivian fans speculated if it would become the third to follow suit. In response to a poll on a Rivian driver's forum asking "Would you like Rivian to adopt NACS Tesla charging standard?" 65.4% of the 903 respondents said "yes." The others were split between "no" (18.7%) and "undecided" (15.8%).
All three companies seem to have signed the same deal with Tesla. Ford, GM, and now Rivian drivers will gain access to 12,000 Superchargers in 2024 via an adapter and will begin manufacturing new vehicles with Tesla's port in 2025.
But one thing makes Rivian's announcement different. It has been working on building a proprietary charging network, just like Tesla's. The Rivian Adventure Network focuses on bringing chargers to outdoor areas, helping its drivers enjoy National Parks and the like. It is only open to Rivian drivers, which the company has no plans to change.
"This [Tesla] collaboration does not affect our plans to expand the Rivian Adventure Network to over 3,500 fast chargers at more than 600 sites," Rivian says. "Having access to Tesla’s Superchargers adds even more flexibility and convenience for Rivian drivers on the road."
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China backs e-commerce expansion in win for Alibaba, JD.com
China will back e-commerce development and guide international expansion by Chinese internet companies, Premier Li Keqiang said on Thursday, in an endorsement for firms such as Alibaba Group Holding Ltd and JD.com Inc.
Addressing the opening of China's annual parliamentary meeting in Beijing, Li broadly laid out China's "Internet Plus" strategy, which includes promoting cloud computing, online banking, mobile internet, along with logistics to help e-commerce expansion.
He also stressed the need for more state investment in the internet sector."In addition to the 40 billion yuan ($6.38 billion) government fund already in place for investment in China's emerging industries, more funds need to be raised for promoting business development and innovation," Li said.
Li's support would benefit Alibaba, the world's largest e-commerce company, which is already investing in cloud computing and internet finance. Its biggest rival, Beijing-based JD.com, has seen its transactions more than treble in its online marketplace.
Others firms likely to benefit include social networking and entertainment company Tencent Holding Ltd and online search firm Baidu Inc. Both have internet finance operations and are expanding internationally.
State-backed shipping and logistics firms China Cosco, China Shipping Container Lines and Sinotrans, as well as local delivery firms YTO Express and S.F. Express, should gain too.


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Abuja, Nigeria – The ECOWAS Commission in partnership with GIZ and other partners have completed a four-day workshop for journalists from Liberia, Sierra Leone, Ghana, The Gambia and Senegal to enhance their understanding of regional free trade and how their reporting would impact the successful implementation of the trade facilitation agreement and the African continental Free Trade Area through informing and sensitizing policy makers and the border society.
The training ran from Noveember 29 to December 1, 2022, in Abuja, Nigeria with over 30 journalists from ECOWAS region attending. The training was also geared towards building a network of journalists across the ECOWAS region to provide public awareness about free trade and the policies that are involved.
“The main objective of this training was to introduce the WTO (World Trad Organization) Trade Facilitation Agreement (TFA) and the African Continental Free Trade Area (AfCFTA) Agreement to journalists of ECOWAS Member States in order to facilitate their reporting on Trade issues,” said Seydou Sacko, the Principal Program officer for informal cross border trade at the ECOWAS commission.
The participants of the training are also expected to share the knowledge that they’ve received with their colleagues in their media landscape in order to gear massive efforts towards promoting the implementation of the AfCFTA through more reports and awareness in the area of trade, Sacko said.
“The major objectives to build the capacity of the journalists so as to: promote and facilitate regional multi-stakeholders dialogue including public, private dialogue on issues related to regional trade policies and trade agreements. And create platforms for consultation between corridor stakeholders that would establish consensual governance mechanisms for effective policy monitoring,” added Dangana Raymond Adagye, the Trade & Private Sector Advisor (TFWA) on behalf of GIZ.
In an interview with Local Voices Liberia reporter Aria Deemie, who attended the training, one of the participants, Precious Amayo, a TV/News Anchor with TVC News Nigeria, said the training has taught her how important trade and trade agreements are.
“Imagine what it will mean for a local farmer or shoemaker in Nigeria to have access to markets in 54 other countries of the continent,” she said, adding that the AfCFTA will significantly improve livelihoods for most Nigerians and Africans in general.
Also, Lwaku Sakyi- Danso, a reporter with a Ghana online news, said he promotes AfCFTA because it will help local traders in his country. “As a parliamentary reporter, this trade has opened me up to focus on trade issues,” he said
With the knowledge acquired from the training, Journalists are now expected to report on AfCFTA in their respective countries and help sensitize the public and engage public actors and policy makers about the free trade issues.
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The statement is correct, although it needs clarification additional information or context.
Evidence publicly available neither proves nor disproves the claim. More research is needed.
The statement contains correct data, but ignores very important elements or is mixed with incorrect data giving a different, inaccurate or false impression.
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A rude, disrespectful, or unreasonable comment that is somewhat likely to make you leave a discussion or give up on sharing your perspective. Based on algorithmic detection of issues around toxicity, obscenity, threats, insults, and hate speech;


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Apple has developed its iPad tablets significantly in recent years. These devices have become an excellent alternative to laptops, especially with the presence of extras such as styluses, keyboard and mouse support. The company offers major updates for these devices with each generation.
And rumors have been circulating in recent months about the upcoming iPad Air tablet with a flagship OLED screen. However, the famous Apple analyst Ming-Chi Kuo be seen The company does not currently plan to do so. It is reported that Kuo’s predictions are usually correct.
Instead of relying on the leading OLED screens, the company will continue to rely on the LCD screens it currently uses. Knowing that Kuo had previously predicted that Apple would rely on improved mini-LED technology in iPad Pro tablets, and it was.
Read also: Comparison between the two iPad Air 2020 and iPad Pro.. Which one is better for you?
The mini-LED technology replaces OLED technology in the Pro versions of the tablet. The main reason why this technology is exclusive to the Pro versions is that it is quite expensive. It is generally characterized as providing better performance on the one hand, and a longer life span on the other.
Apple used mini-LED technology for the first time in the 12.9-inch version of the iPad Pro. Which came early this year. While the 11-inch version did not support this feature until now, but it will get it soon.
Also Read: The Best iPads You Can Buy in 2021
Apple changes to iPad screens
Analyst Ming-Chi Kuo also believes that Apple will soon use mini-LED technology in MacBook Pro versions. On the other hand, he revealed a very important piece of information. Namely, Apple is currently working on an entirely new technology for tablets.
This is where this new technology will allow the production of lighter and thinner tablets, some of which will also be foldable. But Apple needs between three and five years to complete this development.
Read also: Apple officially announces the most powerful computer “iPad Air”
On the other hand, Apple is currently working, according to numerous leaks and reports, on its first foldable phone. In addition to working on a foldable tablet computer. But the forecasts indicate the arrival of these products very late, and the most optimistic is that they will come in 2024.
Read also: iPad can replace laptops


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Anyone who has dashed out the door only to realize they forgot to spray on their favorite fragrance (or worse, deodorant) knows the uneasiness that comes with not feeling confident about the way you smell. In fact, research shows that physical attraction may actually be based on smell. When it comes to the best perfumes for women, it’s definitely all about the juice — not trends — which is why we consistently see that the best-selling perfumes usually aren’t new launches. Chanel Coco Mademoiselle, for example, launched in 2001 and takes the top position this year, with Chanel Chance – last year’s top-seller – close behind.
“The top women’s prestige fragrances do not often change as they are juices that have appeal to diverse consumers,” says Linda G. Levy, president of The Fragrance Foundation. “Many have been established scents in our lives for years and the majority of these brand franchises have a dominant presence with major distribution plus in-store and e-commerce support, as well as creative marketing, social campaigns and promotions. All these factors help keep the brands in the Top 10.”
That said, she notes that there are some newbies that may soon be creeping their way onto the list. “Although I think it is a big challenge to crash this prestigious list, there are those that continue to gain momentum and could break through: Gucci, YSL, Carolina Herrera, Tiffany and Coach.”
Here are the top five perfumes for women for 2019:
- Chanel Coco Mademoiselle Eau de Parfum
- Chanel Chance Eau de Toilette
- Lancôme La Vie est Belle
- Marc Jacobs Daisy Eau de Toilette
- Dolce & Gabbana Light Blue Eau de Toilette
Scroll through the slideshow above for the complete ranking of the 10 best perfumes for women for 2019, based on popularity and sales.
Source: Source: The NPD Group/ U.S. Prestige Beauty Total Measured Market, Women’s Fragrances by Parent Brand, 12 months ending January 2019


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The rise in eCommerce is driving ever-bigger warehouses and industrial space in Columbus and other cities.
The average warehouse built in Columbus today is 143 percent larger than it was a decade ago, data from CBRE shows, with average new warehouse construction projects more than doubling in size in 10 years, pointing to a refocusing of how industrial space is used.
The average new warehouse built in Columbus in 2002 to 2007 was 125,153 square feet. But new warehouses built in 2012 to 2017 have grown to 277,916 square feet – more than doubling the space in each building even as the number of new projects remained the same.
“Columbus has always seen the construction of a lot of very large warehouses, but the biggest of these were usually built for specific end users,” the Industrial and Logistics team of Rick Trott and Kevin McGrath, both first vice presidents at CBRE’s Columbus office, said in a statement.
“What’s different today is that developers are now building much larger speculative warehouses that are often close to 1 million square feet or larger."
They noted three warehouse projects underway now in Columbus, each of which are 1 million square feet or expandable to that size. Buildings of this size tend to attract larger eCommerce companies. Pizzuti Cos. and Duke have led the charge in major Central Ohio industrial real estate.
Aside from the growth of Amazon's major local fulfillment centers, the region has seen leases from logistics companies serving eCommerce, as well as Internet-oriented firms, such as Le Tote Inc. which is to set up a 250,000 square foot presence in Obetz.
The trend, which Amazon has led, speeds delivery times.
Bill LaFayette, of economics firm Regionomics, said faster delivery times could lead to smaller retail presence, though the traditional storefront is not on the way out.
"You’ll see a shift of other retailers look for the fast delivery times too, and you might not need as much brick-and-mortar space," LaFayette said. "People still want to go out and look at things, before they buy them on Amazon. It’s almost like the old Service Merchandise.”
The bigger warehouse trend isn't local – CBRE found the average warehouse built in the United States has grown 143 percent in the past 10 years.
Warehouses nationwide average 184,693 square feet, up from 76,028 square feet.
Dramatic above-average growth in Atlanta, Cincinnati and the Inland Empire market of southern California point to areas where eCommerce wins are particularly pronounced.
This also is occurring as speculative building in Columbus has been booming, pointing to confidence that big construction projects will find an end user in the city.


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New analysis of the media's coverage of games in 2015 has indicated that CD Projekt Red's sprawling RPG The Witcher 3 was the most written about game of the year, just beating out Fallout 4 and GTA V. According to the figures, Geralt's adventures collected just over 51,000 features last year, about a thousand more than Fallout and 2000 more than GTA V.
The research, conducted by ICO Partners, also puts PlayStation at the top of the brand exposure pile, indicating that it had 50 per cent more coverage from media outlets than its nearest rival in Xbox. Sony's gaming arm was the focus of 562,198 pieces in the media, whereas Xbox clocked 396,488 mentions. Oculus Rift, which featured on the cover of Time Magazine as VR caught the public imagination, registered just 26,522 media mentions in ICO Partner's broad monitoring.
"Fallout 4 had a dream start at E3, getting record breaking coverage during the event," writes analyst Thomas Bidaux. "But the coverage it received on release, 16,000 articles in the month of November, is way, way more than the highest number of articles for a single game in a month. In 2014, the game with the most articles in a given month was Watch Dogs with close to 11,000 articles when it was released in May, with the close second GTA 5 with 9,600 articles in November, both of those performances being quite unique during the year. Here we have Fallout 4 with close to 50 per cent more articles than the best of those performance in November. Truly a phenomenon."
As well as the standout performances of new releases, plenty of games exhibited a long tail of media coverage. GTA V was buoyed by a PC release, but the perennial popularity of the Rockstar release still saw it generate plenty of media inches on console too. Minecraft also continued to permeate the public consciousness, never dropping below 2,000 articles in any month of last year. Whilst some exceptional games manage to consistently receive great coverage, much of the media cycle is heavily reliant on events to boost the signal, particularly where platforms are concerned. Unsurprisingly, E3 is still the biggest splash in the pond.
"We have seen in the past that it is the event in the year that has the biggest media impact," says Bidaux. "Interestingly, March is next for both platforms. That month sees a lot of game releases, and I suspect a harder push on the media side because of the fiscal year ending. Events such as GDC and PAX East, while having some effect, are not covered enough to be the reason behind the March spike. September is the third biggest month for PlayStation; it sees the double effect of the first wave of the year-end releases and the Tokyo Game Show.
"Of course, we can see the outcome of Microsoft being the only platform holder with a media conference at gamescom. It is the one month in the year where they clearly close the gap with Sony's console, even if they don't necessarily reach the same level.
"Finally, the steady performance of the PlayStation over the last quarter is quite remarkable. A steady release of AAA games helps, but the positive effect of the PlayStation Experience on the media coverage is tremendous and the one reason that December, an otherwise slow month for the other platforms, is one of the strongest for Son - right in time for Christmas.
"I think the competitors should take a page from Sony's playbook on this."


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DURBAN – The Durban Chamber of Commerce and Industry (DCCI) held their annual gala dinner on the newly launched MSC Musica cruise ship.
The event which was held in partnership with the Chamber's platinum sponsor the Mediterranean Shipping Company had important people from the business community and government in attendance.
The President of the DCCI Musa Makhunga highlighted the importance of government and business working with communities in South Africain to build a shared future.
According to Makhunga, small, medium and micro-sized enterprises (SMMEs) make up 90 percent of the businesses in sub-Saharan Africa and some of the challenges that they face include a lack of attention from the government.
"The plea is that we create an environment for the SMME sector that is supportive like the Special Economic Zones."


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Rising Material Costs Remain Key Pain Point for Electronics Manufacturers
Per IPC’s May Global Sentiment of the Electronics Supply Chain Report, nine in ten electronics manufacturers surveyed are currently experiencing rising material costs, while nearly four-fifths are experiencing rising labor costs. Supporting data from IPC’s May Economic Report, indicate there are three main forces exerting pressure on the economy, and conversely, the electronics manufacturing industry: Russia’s invasion of Ukraine, inflationary pressures pushing costs higher, and China’s strict COVID policy that is hindering production in China and compounding existing supply chain issues.
“Russia’s invasion of Ukraine is a negative supply shock on already strained supply chains. It will take many months to fully determine the full effect it is having on the electronics industry,” said Shawn DuBravac, IPC chief economist. “While the invasion has more severe negative consequences for Europe, the impacts are being felt globally.”
Additional survey results indicate:
- Inventories remain tight — Results this month suggest inventories available from suppliers have deteriorated over the last month.
- Government is not doing enough to spur innovation and capacity in the semiconductor industry — Only three in ten electronics manufacturers feel their government is moving with appropriate breadth to spur innovation and capacity.
- Backlogs are rising at a faster pace in North America vs. APAC — While 59% of manufacturers in North America report backlogs are currently rising, only 33% of APAC manufacturers indicate the same.
“Downside risks have increased but a recession is still unlikely in the United States in 2022. The risks of a recession in 2023 have increased somewhat,” added DuBravac. “In Europe, the probability of a recession in major economic markets has increased. Several countries will see flat quarterly growth for several consecutive quarters which could easily turn negative and result in a recession in 2022.”
IPC surveyed hundreds of companies from around the world, including a wide range of company sizes representing the full electronics manufacturing value chain.
View the full reports:


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(PZ) Dow Jones Online Announces Key Sales Appointments
Published 4:15 pm, Tuesday, July 18, 2006
NEW YORK, July 18, 2006 (PRIMEZONE) -- Dow Jones Online today named Brian Quinn to the position of vice president of advertising sales and marketing, effective immediately. In his expanded role, Mr. Quinn will oversee all sales efforts for Dow Jones Online, which includes WSJ.com, MarketWatch.com and Barron's Online.
"Increasingly, advertisers are looking for creative programs that reach their target audiences across multiple brands and mediums," said Todd Larsen, chief operating officer of Dow Jones's Consumer Media Group. "Brian is an innovator and has a deep understanding of our clients' needs and Dow Jones's print, online, TV and radio assets. For these reasons we expect Brian will continue to build on Dow Jones Online's record of sales success."
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Earlier this year, Mr. Quinn was promoted to vice president and national sales manager and previously, he was director of Eastern and Midwest advertising sales for Dow Jones Online since 2005. In that role, he managed a 35-person team with offices in New York, Chicago, Detroit, Dallas, Boston and Atlanta. Mr. Quinn was vice president and head of Eastern region advertising sales at CBS MarketWatch when it was acquired by Dow Jones & Company in January 2005.
Earlier he held sales executive positions with Real Media and AdOutlet. From 1988 to 1999, Mr. Quinn held print and online sales roles with Advertising Age and he was a member of the team that launched AdAge.com in 1995. He was a co-founder and first president of 212, New York's interactive advertising club, which now has more than 4,000 members.
Separately, Mr. Larsen announced the promotion of Ken Detlet to executive director, sales operations for Dow Jones Online from director. From July 1997 to April 2005, Mr. Detlet was the director of advertising sales, Eastern region for The Wall Street Journal Online, where he was instrumental in the launch of CareerJournal.com, OpinionJournal.com, RealEstateJournal.com and StartupJournal.com. Earlier he served as a sales manager for Barron's Online from 1996 to 1997, and also held sales representative roles at Barron's Magazine in New York and Boston from 1989 to 1996.
In addition, Daniel Bernard joins Dow Jones Online's advertising unit as vice president of marketing. Most recently, Mr. Bernard was global head of advertising development and product design for Reuters Consumer Media since 2004, where he was responsible for driving online, mobile and video strategies and solutions for clients. Mr. Bernard joined Reuters from CBS MarketWatch, where he held the role of director of advertising development from 1998 to 2004. Previously, he served as a marketing specialist with CBS Corporation from 1996 to 1998.
"We are thrilled to announce these new roles for Brian and Ken, and to welcome Daniel to the Dow Jones Online team," said Mr. Larsen. "These talented individuals, with their breadth of multimedia experience, further strengthen our commitment to and record of delivering innovative programs for our clients."
About Dow Jones Online
Dow Jones Online (DJO) -- a Dow Jones brand that represents the Company's Consumer Electronic Publishing segment's advertising sales -- includes The Wall Street Journal Online and its vertical sites (CareerJournal.com, OpinionJournal.com, StartupJournal.com, RealEstateJournal.com and CollegeJournal.com), Barron's Online, and the recently acquired MarketWatch Network -- which includes MarketWatch.com, BigCharts.com and VirtualStockExchange.com. Marketers aiming to target business decision-makers or affluent/influential individuals now can reach Dow Jones Online's nearly 10 million unduplicated unique visitors per month. DJO is a leader in providing targeting solutions. Through Interest-Based Targeting, which it pioneered in 2003, marketers can direct specific advertisements -- from a broad range of categories including business and personal technology, travel, automotive, investments health, and leisure -- to visitors wherever they go on Dow Jones Online.
The Dow Jones & Company logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2636
CONTACT: Dow Jones & Company Christine Mohan (212) 416-2114 email@example.com


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Gamescom has been confirmed to once again have a physical event in Cologne, Germany, but there will be an online alternative as well.
Due to the pandemic, Gamescom has been unable to hold a physical event for the past two years. But now, at least for the time being, a physical event will take place later this summer. It will take place at the Koelnmesse convention centre from August 24 to 28.
The event will be separated into various areas, such as an entertainment and a business area. As well as sections for cosplay, retro, and indie fans. The press release did not go into specifically how the online portion will work. But it will supposedly feature the same kind of content as mentioned.
Felix Falk, managing director of game (the association of the German games industry) said, “This year we are combining the best of both worlds: our extensive digital program with the incomparable Gamescom experience on-site.” Falk also touched on the ‘Gamescom goes green’ project, where the event “as a whole will be designed to be climate-neutral over the medium and long term.”
As well as this, the event organisers are working hard to make sure that the event will be safe to attend. A hygiene and safety concept that has been tested many times by the event centre, Koelnmesse, will be in use at Gamescom. This includes things like extra-wide aisles and limited ticket allotments.
Shop With GameByte!
Don’t forget you can find great games and more on the GameByte Shop! Our store is stocked up with the latest games, merch and accessories. We might even have a new-gen console or two! Sign up to our newsletter to be notified of our console drops, deals and more. Please note the GameByte Shop is available for UK customers only.
Featured Image Credit: Gamescom


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THE LAUNCH of the local version of Netflix on Tuesday now means Australians have more access to Streaming Video On Demand...
25th March 2015 2:03 PM
PARENTS could be saving potentially thousands of dollars on children’s entertainment including DVDs and pay TV...
25th March 2015 12:03 PM
THE streaming video on demand service will compete with Stan, Quickflix and Presto.
24th March 2015 5:03 AM
NETFLIX will undercut its main rivals by a $1 a month when it launches in Australia on Tuesday.
23rd March 2015 8:03 AM
NETFLIX, the biggest player in online television, finally launches in Australia and New Zealand next week.
21st March 2015 12:03 PM
CALL me crazy but aye be a piracy supporter ...
21st March 2015 6:03 AM
WHETHER you like it or not a change is gonna come.
08th March 2015 6:03 AM
THE new season will be screened exclusively on Netflix this year, although it has been available to Australian subscribers...
03rd March 2015 3:03 PM
NETFLIX has announced it will begin streaming in Australia and New Zealand on March 24.
03rd March 2015 8:03 AM
NETFLIX has released the official trailer for the third season of House of Cards ahead of its February 27 air date.
13th Jan. 2015 9:01 AM


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On Thursday, September 8, 2016 in Las Vegas, NV, at CTIA Super Mobility 2016, LocationSmart® CEO Mario Proietti will participate in a panel discussion about privacy and security challenges for companies in today’s mobile age. The panel is titled, “Privacy by Design: The Business of Protecting Consumers and Their Data in the Global Marketplace” and Mr. Proietti will be joined on the panel by senior leadership from 4INFO and Syniverse Technologies. Larry Downes, Project Director with Georgetown Center for Business and Public Policy, will moderate the discussion. Mr. Proietti will educate on how privacy impacts location-based services and their adoption by enterprises across the world.
As the flagship event for the CTIA, CTIA Super Mobility features representatives from every corner of the wireless ecosystem and they converge to see how mobile innovation evolves and redefines every aspect of life. It includes keynotes, education sessions, co-located industry Partner Events and exhibits representing vertical markets and the newest developments in mobile capabilities. Participating businesses include American Express, AT&T, Ericsson, Huawei Technologies USA, Lyft, Mastercard, Pitney Bowes, Qualcomm, Samsung and more.
Panel Overview: http://www.portal.ctiasupermobility.com/2016/Public/SessionDetails.aspx?FromPage=Sessions.aspx&SessionID=214&SessionDateID=6
Full speaker list: http://www.portal.ctiasupermobility.com/2016/Public/speakers.aspx
Mario Proietti is the CEO of LocationSmart®, the world’s largest mobile engagement platform for workers, assets and consumers. With more than 25 years of industry experience, Mr. Proietti is a pioneer in location-based services, creating an award-winning cloud-based platform. LocationSmart is trusted by Fortune 500 and enterprise-level companies for verification, compliance, cybersecurity, proximity marketing and operational efficiencies.
He is a member of the CTIA Privacy Group and IAPP. Mr. Proietti also serves on GPS World Editorial Advisory Board and as chair for Wireless Network Issues Committee of the E9-1-1 Institute.
Thursday, September 8, 2016 at 1 - 1:50 p.m. PT
Sands Expo in Las Vegas, NV
Room: TITIAN 2201
Vice President of Product and Marketing
(760) 438-5115 ext. 114
(760) 438-5115 ext. 134


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Domino's is incentivizing customers to utilize online ordering and carryout with a $3 discount on a future carryout order, presenting it as a “tip” for customers who deliver their own.
The “Carryout Tips” promotion, which begins this week and runs through May 22, is designed to provide the pizza brand with a greater mix of efficient and profitable sales. It is also aimed at supporting more frequent orders, while encouraging consumers to order through its digital properties, which can provide valuable first-party data. The promotion comes as the chain gears up for heavy volume accompanying the Super Bowl and while a nationwide labor crunch has pressured companies to find enough workers to meet service demands.
This is especially an acute issue for Domino's, which has bucked an industrywide trend of outsourcing home delivery to third-party services like Grubhub and Uber Eats.


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Wawa Inc. announced that the seven stores still closed due to Hurricane Sandy’s impact, will reopen by spring of this year.
Wawa teams have been working to reopen these stores, completely renovating and rebuilding them in some cases, and most will now feature Wawa’s newest design prototype. Six of the stores are expected to all resume operations by the end of
March, 2013. One store located in Normandy Beach reopened on Jan. 29.
“A cross functional team at Wawa has been working to get the Hurricane Sandy impacted stores up and running as soon as possible,” said Sal Mattera, vice president of store operations. “From ordering new equipment to sourcing local contractors to obtaining the necessary permits to make the renovations happen, our team has been focused on getting the remodels started and our stores reopened.”
In addition to reopening, most of the impacted stores will receive new features and designs incorporated into their renovations. The upgraded features include:
· New foodservice layout and foodservice innovations including built‐to‐order milk shakes and in‐store roll baking ovens
· All interior components brought up to new brand standards—including new tile throughout foodservice and beverage area
· Newly designed Express Cases
· All cabinetry and refrigeration cases upgraded and replaced
“We are doing everything we can to speed this process up and give our customers back their Wawa,” said Mattera. “We know our customers count on us and we are so grateful for the patience they’ve shown this far. We wanted to ensure that we were able to take the time to enhance our customers’ experience at these stores.”
To thank customers for their patience, when the stores reopen, a 10‐day promotion is planned for each one. These promotions include:
‐ Free Coffee – Any Size
‐ $2.99 Shorti – Any Variety
‐ $.89 Fountain – Any Size
In addition, Wawa will further its ongoing commitment to aiding in the local relief effort by making a $1,000 donation per store to the Feeding America Food Bank located in each specific community. The Food Banks include the Food Bank of Monmouth & Ocean Counties and the Community Food Banks of New Jersey (Egg Harbor Township and Hillside branches, and will help to further restock their pantries.
Store Status by Location / Projected Reopening Dates
Store #949, Normandy Beach, N.J.
Opening: Jan. 29
Store #728, Ocean City, N.J.
Estimated opening: Feb. 28
Store #432, Avalon, N.J.
Estimated opening: March 7
Store #950, Margate, N.J.
Estimated opening: March 14
Store 977, Long Beach, N.J.
Estimated opening: Early March
Store 700, Ship Bottom, N.J.
Estimated opening: Mid‐March
Store 781, Sayerville, N.J.
Permitting In Progress
Construction to begin by Jan. 25
Estimated opening: Mid to Late March
*All dates subject to change. For the most up‐to‐date status of these stores visit wawa.com.


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The gradual electricity tariff, which has been on the agenda for a while and concerns all citizens, entered into force with the decision published in the last Official Gazette of 2021. Electricity bills of more than 38 million households will be directly affected by the gradual electricity tariff implementation.
Electricity suppliers comparison site encazip.com conveyed the details of the gradual electricity tariff and how the increase rates ranging from 50 percent to 127 percent will be reflected on electricity bills. According to the electricity tariffs effective as of January 1, electricity prices for consumers who have not changed their electricity suppliers increased by 127 percent at workplaces and between 49,6 percent and 125 percent at homes. The rate of increase that the houses will feel will change according to consumption. The electricity suppliers comparison site encazip.com explained the electricity price hikes and the details of the new gradual electricity tariff system to be implemented for homes.
Those who pay a monthly bill of 137 TL will now pay 205 TL
Electricity costs increased by 2021 percent compared to the beginning of 141, but this cost increase was not reflected to consumers for a long time. A gradual electricity tariff was implemented as of January 1, in order to keep consumers less affected by the increase in costs and to encourage savings in household electricity consumption. According to this application, all consumers will be billed at the low-level tariff unit price until the consumption corresponding to the electricity bill amount of 137 TL last December. For consumption above this amount, a high-level tariff unit price will be applied. Low-level electricity unit price will be 49,6 percent higher than last month's prices, and high-level electricity unit price will be 125 percent higher. Accordingly, the entire consumption of consumers who paid 137 TL bills last month will be at a low level and the electricity bill of these consumers will be 205 TL in January.
What is the gradual electricity tariff?
The gradual electricity tariff will ensure that household electricity consumption up to a monthly consumption of 150kWh will be billed at the low level unit price, and consumptions exceeding this consumption will be billed at the high level unit price. In the first quarter period covering January, February and March of 2022, consumption up to 38 kWh for 150 million households will be invoiced at 1,37 TL per kilowatt-hour, including taxes, and the unit price for each kilowatt-hour consumption above this will be 2,06 TL. This application came into effect as of January 38 for more than 1 million households in the low voltage residential subscriber group.
The limit is 205 TL, the bill will hurt if you consume more than that.
While the electricity bills of the low-level consumers will increase by 49,6 percent, the high unit price for the consumers who exceed the limit will be applied only for the consumption that exceeds the limit. While the low consumption portion of the next bill of a household consumer who paid a bill of 500 TL last December will be 205 TL in January, the bill for the remaining part in the high consumption level will be 815 TL, and the invoice that was 500 TL in December will be 1020 TL in January.
Changing suppliers will become possible again
Due to the fact that electricity costs remained above the national tariff unit price for a long time, the dynamics of the free market did not work enough, and the practice of switching electricity suppliers, known as the free consumer practice, was blocked. Due to the failure of free market dynamics, the increasing electricity costs were burdened by the state and eventually came out of the pocket of the citizens indirectly. In this process, the number of supplier changes, which approached 5 million, fell to the level of 100 thousand, and with the decrease, the burden on the taxes paid by the state, actually citizens, increased. With the new application, it will be possible to change electricity suppliers for consumers in all subscriber groups, including homes, and with the good functioning of market dynamics, there will be a decrease in electricity costs and electricity bills paid by consumers in the medium term.
TRT Share removed from invoices
Another radical change in electricity bills was the removal of the TRT share. Only 100 TL of a 1 TL electricity bill corresponded to the TRT share, but the collection of TRT share from the electricity bills was met with public reaction. The removal of the controversial application as of January is seen as symbolically important.
Electricity bills will decrease with the work of free market dynamics
Evaluating the new gradual electricity tariff application and electricity hikes, Çağada Kırmızı, the founder of encazip.com, underlined that the electricity market is now privatized and is a free market, and stated that the winners of the re-establishment of the competitive market structure will be consumers. Emphasizing that the phrase electricity hike is a jargon left over from the monopoly structure, Krim continued as follows: “In 2001, liberalization began in the electricity market and today, almost all of the market has been liberalized. Now electricity producers sell the energy they produce in the market where the prices are freely determined, that is, the costs are determined in the free market. In a market where costs are freely determined, it is not possible to determine consumer prices by the state. However, especially since 2018, consumer electricity prices have been kept low, but this has not been sustainable. It is true that electricity bills have increased a lot, and similar increases have been experienced in all European countries. However, as a society, we should understand that the electricity market is liberalized and accept that the electricity price hikes are not made by the state. Because price determinations in the electricity market are very different from the mechanism of determining bridge tolls, for example. As a result, we are currently experiencing that the impact of cost-based price changes on electricity prices that are not made on time due to the hesitation of public reaction to the consumer is much greater.”


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The Hartman House coffee shop was one of the components of Dickinson College’s Spring 2021 reopening plan. However, the college sent an email announcing its closure after just one month of operations.
Located just behind the Stern Center, the house is usually used for less formal meetings and receptions. The coffee shop was located on the ground floor, in the main room of the house. The shop served muffins and coffee for $2 each and only accepted cash.
Errol Huffman, Director of Dining Services, said that the decision to open the coffee shop stemmed from a conversation among the reopening teams about restricting food options to only on-campus students and faculty for health and safety purposes. “There were also faculty concerns regarding a place to obtain coffee or a morning muffin,” he added.
The coffee shop was planned to operate for a month to determine its efficacy. Mr. Huffman said the coffee shop was advertised at campus walkways, the Kline, the Quarry, academic buildings, Dickinson Today, Administrative Faculty Reports, Spring 2021 reopening FAQs, Facebook and Instagram. However, the place yielded no interest and had to cease operations after one month of no sales. Only one student happened at the location over the course of a month and said the food was “very nice.”
With the Quarry, the Biblio Café and the Hartman House coffee shop all ceasing operations, Mr. Huffman said there are still no other immediate plans to open similar eateries.


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The St. Petersburg International Economic Forum opened on June 6 with a traditional ROSCONGRESS SPIEF RACE. Together with other participants of the forum, Lars Lehmann, the new Baltika’s President, Carlsberg Group's Executive Vice President for Eastern Europe, Cees 't Hart, President and CEO of Carlsberg Group, Anders Bering, Carlsberg Group VP for Corporate Affairs and Elena Volgusheva, Senior Export and Intercompany Sales Director of Baltika Breweries ran the distance of 5 kilometers.
The morning race has become a good tradition of the Forum; its participants have the opportunity to see the iconic sights of St. Petersburg in a unique situation and also to expand business contacts in an informal setting and get energized in the anticipation of the rich business program of the Forum. This year, the race started on Isaakievskaya Square and passed through the historical center of St. Petersburg along Nevsky Prospekt, Marsovo Polye and the Dvortsovaya Embankment. The race was organized by the Roscongress Foundation and the World Class fitness club chain.
Lars Lehman, President of Baltika Breweries, Executive Vice President, Eastern Europe Region, Carlsberg Group: “This is my first forum as the President of Baltika, and I was pleasantly surprised that in addition to business events participants can also take part in a sports program. As a person who recently moved to St. Petersburg, I really enjoyed the race route: this is truly an exceptional opportunity to run through the almost empty center of the city and admire the stunning views. We at Baltika would like to motivate as many people as possible to go in for sports, and our non-alcoholic beer goes truly well with a healthy lifestyle.”
Baltika has been sponsoring sports marathons throughout Russia for several years now. In 2018, the participants of 11 marathons and 1 bicycle race could refresh themselves with the help of the “Baltika 0” non-alcoholic beer. Athletes around the world opt for this drink as non-alcoholic beer goes well with an active lifestyle and helps them recover from physical exertion. In Russia, this practice is just beginning to develop, and “Baltika 0” is at the forefront of the movement supporting major race events.
Elena Volgusheva, Senior Export and Intercompany Sale Director Baltika Breweries, part of the Carlsberg Group: “After the race, the body wants some carbonated drink rather than water – I can say this as a sports enthusiast who’s been in jogging for 10 years. Thanks to my work, I travel a lot and I can note that producers of non-alcoholic beer are sponsoring marathons around the world. Baltika also follows the international trend supporting major sporting events. Given the healthy lifestyle trend, which is becoming increasingly popular in our country, we are basically optimistic about the prospects for the non-alcoholic beer market and hope that the growth of the non-alcoholic segment will keep on.”
At the SPIEF 2019, Baltika also acts as a partner of session “HEADING FOR HEALTHY LIFESTYLE: THE ORIGIN OF COORDINATES ON THE WAY TO NATIONAL GOALS,” during which Carlsberg Group VP for Corporate Affairs Anders Bering will tell how the growing interest of consumers to a healthy lifestyle changes the portfolio of the Group's brands. Mr. Bering will also present how the Company intends to participate in reducing the risks of harmful alcohol consumption, which is one of the objectives of the Federal program "Strengthening national health". Carlsberg Group VP will also talk about the strategic goals and initiatives of the Company until 2030, which are aimed at preserving health and well being of employees and consumers.
Baltika is interested in cooperation with authorities and other stakeholders, and is willing to contribute to combating binge drinking, preventing risk factors, and building healthy lifestyle mindsets.
The production and wide promotion of non-alcoholic beer is part of the company's strategic goal of ZERO irresponsible drinking. In 2019, Baltika increased the number of production sites capable of brewing non-alcoholic beers from 4 to 6, having introduced new sites in Novosibirsk and Yaroslavl. The total non-alcoholic beer brewing capacity of the company has reached 1.8 million hectoliters per year. Total investments in the launch of two non-alcoholic lines in Yaroslavl and Novosibirsk amounted to 80 million rubles. The company has invested 1.15 billion rubles in equipment and marketing support for non-alcoholic beer over the past 10 years.


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Mass Effect 2 is UK number one
The latest UK charts are in, BioWare's stunning Mass Effect 2 leaping in at the top of the chart.
The game has so far sold two million copies worldwide, and despite only two day's worth of sales counting towards the latest Chart-Track UK chart, the game comes in comfortably ahead of Ubisoft's Just Dance.
Call of Duty: Modern Warfare 2 is still third in the chart, followed by Zipper's PS3 exclusive MAG.
Wii Sports Resort is fifth, followed by Wii Fit Plus, FIFA 10, New Super Mario Bros. Wii, Army of Two: The 40th Day and the official Avatar game. More soon.
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- Starting Destiny from a “blank canvas” was liberating says Bungie
- Driveclub PS Plus Edition will be an added extra for PS Plus subscribers in October
- Chris Roberts: Star Citizen does have potential on next-gen consoles
- Rockstar explains the delay to the PC version of GTA V
- The plan is to bring PSOne, PS2 and PS4 games to PS Now in the future says Sony
- Major Nelson reveals three new Xbox 360 hardware bundles coming this week
- Markus 'Notch' Persson: “I didn’t have the connection to my fans I thought I had”
- Microsoft purchases Minecraft devs Mojang for 2.5 billion USD, Markus Persson and other founders to leave