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Max Keiser believes that bitcoin naysayers like Jim Rogers, Mark Cuban, and Peter Schiff will go all-in and invest big in bitcoin when they understand it. He guarantees this to be the case, having predicted that the price of bitcoin will reach $400,000.
Max Keiser and the Bitcoin Naysayers
Popular television personality Max Keiser firmly believes that bitcoin skeptics will go all in big on bitcoin when they finally understand it. The host of Keiser Report, a financial program broadcast on the media channel RT, recently singled out three bitcoin naysayers in particular. He tweeted Friday:
Peter Schiff, Jim Rogers, Mark Cuban, and other pre-coiners represent huge pent-up bitcoin buying demand. When they finally understand it, they’ll go all-in with huge buys. I 100% guarantee this to be the case.
Keiser talked about Jim Rogers because the famed investor said last week that he thinks the value of bitcoin will fall to zero because governments will not let cryptocurrency flourish. “Jim Rogers, like Peter Schiff, I told to buy bitcoin at $1 $10 $100, but the ‘legendary investor’ never looked into it as evidenced by this silly, uninformed comment he just made,” Keiser tweeted in response to Rogers’ BTC price prediction and the future of bitcoin.
Keiser’s comment troubled gold bug Peter Schiff, as the pair often get into a heated debate about bitcoin. Schiff openly states that “Bitcoin is fiat as its value also comes from faith,” unlike his beloved gold, which he said, “has real value.”
“The longer Peter Schiff waits to buy bitcoin, the bigger the panic-buy. My guess, $50,000 triggers him,” Keiser wrote. He then proceeded to put up a poll, asking his 229.1K followers, “What price do you think triggers Schiff to panic-buy bitcoin?” The options were $25K, $50K, $100K, and $200K. Most voters believe…


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The one-, three- and five-year plans that brand owners put together in the autumn of 2019 will now seem mostly irrelevant in our new world. How are brand owners reassessing their channel distribution?
Covid-19 has spurred industry stakeholders to invest in and develop the alcohol ecommerce environment in countries where this channel was previously under-developed.
The IWSR analyses the potential of the Ready-to-Drink category and its appeal to consumers looking for convenience and sophisticated flavours
Alcohol demand in Argentina remains strong amidst increased social media usage and off-premise ecommerce offerings
- Irish Whiskey
- Mixed Drinks
- US Whiskey

domain: news


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Much to the displeasure of the burgeoning, multibillion-dollar electronic cigarette industry, the U.S. Food and Drug Administration has issued a ruling that prevents those under 18 from buying the battery-operated smokes, as well as cigars, hookah tobacco and pipe tobacco.
But a long list of additional restrictions on the manufacturers of these smoke-generating devices may ensure the safety of e-cigarette users of all ages.
Statistics show that the restrictions were needed. The use of other tobacco devices soared and the vaping industry flourished, with products being sold in malls, convenience stores and vape markets in most communities nationwide.The FDA and the Centers for Disease Control and Prevention reported that the use by high-school-age teens of flavored e-cigarettes and similar products has exploded from 1.5 percent in 2011 to 16 percent last year.
The federal investigators attribute much of that 900 percent increase to the availability of scores of appealing flavors used in the electronically generated smoke.
Most of the battery-operated products — promoted as smoking cessation devices — heat a liquid containing nicotine, flavoring and other chemicals that are atomized into a vapor, which can be inhaled and exhaled like cigarette smoke.
It was the flavorings and other chemicals that most concerned FDA investigators and other public health authorities. For years, the industry said only that the liquid nicotine in each e-cigarette is derived from natural tobacco plants. However, it remained silent on the other various chemical blends it used, insisting they were trade secrets and need not be disclosed.
There was little that the FDA could do about it. Yet bowing to industry is not unique in the FDA, as the agency has long permitted the food industry to self-designate thousands of additives as “Generally Regarded As Safe,” or GRAS, usually without the permission or even knowledge of the federal food-safety cops.
Frustrated by vape sellers’ continued stonewalling, in 2009 the FDA bought a handful of samples off the street and analyzed the smoke-generating liquids inside. It announced that its laboratory found carcinogens and toxic chemicals such as diethylene glycol — an ingredient used in antifreeze — and concluded that users could potentially be exposed.
Later that year, the agency began seizing e-cigarette products at the Mexican border and some West Coast ports, declaring them “adulterated, misbranded, or unapproved drug-delivery devices,” according to federal court documents. However, the border confiscations ended quickly when the well-funded vaping industry went to federal court to halt the FDA seizures. In December 2010, a court ordered the agency to stop blocking the import of the products. FDA appealed the decision, but the industry’s position was upheld in a higher court a month later.
FDA investigators say they continue to have serious concerns about the safety of the imported products, especially because the majority of the devices and flavoring liquids come from China, which has a lackluster safety record on exports of food and additives.
Calling its long-awaited action “historic,” the agency said it was ordered under the Family Smoking Prevention and Tobacco Control Act of 2009 to “improve public health and protect future generations from the dangers of tobacco use through a variety of steps.”
“We have more to do to help protect Americans from the dangers of tobacco and nicotine, especially our youth. As cigarette smoking among those under 18 has fallen, the use of other nicotine products, including e-cigarettes, has taken a drastic leap. All of this is creating a new generation of Americans who are at risk of addiction,” said Health & Human Services Secretary Sylvia Burwell.
The FDA expects that e-cigarette makers will continue selling their products for as long as three years before these requirements will be imposed:
• All manufacturing operations and all the products they make must be registered.
• The FDA must be informed of all ingredients, especially harmful and potentially harmful chemicals and additives.
• All new products must undergo a premarket review and authorization by the FDA.
• Health warnings must appear on all product packages and advertisements.
The ban on sales to minors will go into effect in 90 days, said the agency.


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We’ve seen many questions about how the Chinese New year affects Bitcoin price and if there could be a drop. The short answer is yes. The Chinese New Year or Lunar New Year is one of the most important holidays in China. It falls on different days every year since it follows the lunar calendar. This year, the festival will be held between February 12 and February 15. Since China represents 60% of Bitcoin mining operations this could have negative effects.
Some activities that mark the new year festival are:
- All Chinese factories and major companies remain closed even up to two weeks after the Chinese New year. This includes Over-the-Counter crypto trading desks
- Many Chinese people travel to spend the holidays with their families including Bitcoin miners.
- There is a lot of spending and Chinese traders tend to sell off large portions of their cryptocurrency days before the holiday.
How the Holiday has Affected Bitcoin Prices in the past
In the past 4 years, cryptocurrency prices, especially that of Bitcoin have dropped in the days before the Chinese New Year. Crypto traders call this the “Chinese New Year Dump”.
Most market makers are located in China. Their activities reduce how wildly crypto prices swing. But during the holidays, they tend to shut down operations for 3-5 days. The result is that the price of Bitcoin and other currencies become more volatile.
The price of Bitcoin dropped by 8% in 2017, 20% in 2018, 50% in 2019, and 17% in 2020 during the Chinese New Year.
How to Prepare for the Chinese New Year Dump
We can’t say for sure that the price of Bitcoin will drop during this year’s festival. But from past examples, we’ve seen how the Chinese New Year affects Bitcoin’s price so it’s good to be prepared for anything. The following steps could help you get through the holiday:
P.S this isn’t financial advice. We encourage you to study the market and do what works for you.
- Look out on social media and telegram communities for updates and hints concerning the price.
- In the past 5 years, prices have always stabilised after the New Year dump so don’t sell blindly. Instead, choose a sell limit where if the price goes below that point, it could really affect your investment.
- Take advantage of the dump. If you’ve been looking to buy more Bitcoin, you could look into loading more coins for a quick cashout when the price goes back to normal. This might not be everyone’s cup of tea.


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The European Union began a deal this month to allow Cambodian rice to be imported duty-free, but many challenges remain before Cambodia can be a powerhouse rice producer.
The deal would open a market of 500 million people from 27 countries and “provide a price incentive for European importers to import the product from Cambodia,” said Rafael Dochao Moreno, Charge d’Affaires of the European Commission in Cambodia.
“So by providing this zero-duty entry for Cambodian rice, we are promoting Cambodia’s development, especially in the sector of rice production.”
The duty-free status for Cambodian rice is part of the EU’s “Everything But Arms” initiative, which was established in 2001 and gives preferences on all goods, except weapons, entering the EU from 50 least-developed countries.
Moreno said the very last product to become duty free will be sugar, which will be covered from Oct. 1. From that date onward, all products exported from Cambodia to the EU will be duty free, unlike Thailand and Vietnam, which are ineligible for the initiative.
Cambodia’s rice export pales in comparison to its neighbors and other countries. According to US figures, Cambodian rice export was around 500,000 tons in 2008, compared to 10 million tons from Thailand and 4 million tons from Vietnam.
Of 2008 rice exports for Cambodia, only 2,700 tons reached the EU, for a value of $2 million.
Nevertheless, Agriculture Minister Chan Sarun welcomed the duty-free status. “It will benefit our farmers, who are producing rice for export to the EU,” he said, adding that he hoped exports would increase with the new status.
However, challenges remain. Cambodian farmers need to improve the value chain, upgrade milling equipment, create standards for the rice market and enhance market prospects, Moreno said.
Without these improvements,Cambodia will likely benefit little from duty-free status, said Chan Sophal an agricultural economist.
“I expect that rice exports will increase to the EU, but not much, because we still face shortages of better mills,” he said. High costs for export and small ships at Cambodia’s ports are further challenges, he said.
Exporters were optimistic, however.
“Before, there were some brokers who wanted to export rice from our country, but the negotiation always failed, due to high costs of exporting,” said Kim Savuth, president of the Khmer Food company. “But now that is not a problem, because we are duty free. So compared to neighboring countries, rice exported from Cambodia is cheaper.”
He acknowledged that some exporters were not confident with the quality of Cambodian rice.
Phou Puy, president of the Rice Milling Federation of Cambodia, said quality would not be a concern, as a new mill of international quality would start operation at the end of the year. More and more mills will follow, he said, but a main challenge would continue to be a shortage of money to buy un-milled rice from farmers.
Sun Kunthor, president of the State Development Bank, said the government will provide an $18 million package for loan disbursement to rice mills between 2009 and 2010, enough to buy 90,000 tons of un-milled rice.
Cambodia has a total 3 million hectares of agricultural land, and 80 percent of the population depends on agriculture. Vast tracts of land are still underdeveloped.


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Three of Australia's largest banks have partnered to build a mobile wallet and payment system for smartphones, in their continued fight against mobile payments rival Apple.
The Commonwealth Bank, Westpac, and National Australia Bank have formed an independently-run joint venture to develop a payment app for iOS and Android.
The 'Beem' app will be compatible across devices and banks nationwide and offer instant payments, the banks said.
Users won't need to be customers of CBA, Westpac or NAB to use the app; the banks are hoping Beem will be an industry-wide solution adapted by retailers and the rest of the financial industry.
Beem will be released at some stage later this year, the banks said.
It will have a daily funds transfer limit of $200, or $6000 a month, and a receiving limit of $10,000 a month.
The move is a response by the three banks to the threat ot Apple Pay in Australia.
CBA, NAB, Westpac and Bendigo and Adelaide Bank lost their fight in March to be able to access to the near-field communications chips used for the Apple Pay contactless payments system - as they can with Android - so they could offer their own integrated digital wallets to customers.
They had also unsuccessfully lobbied the ACCC to be allowed to band together to bargain with Apple and boycott Apple Pay.
ANZ Bank - notably absent from the Beem partnership - is the only major bank to offer its customers Apple Pay.


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Minecraft creator Markus "Notch" Persson says he also received original copy of Dungeon Master II; "They sure know how to bribe nerds."
Sony sent Minecraft creator Markus "Notch" Persson a gold colored PlayStation One as a means to invite him to an event at next month's Electronic Entertainment Expo, the designer said over Twitter recently.
"Got a [VIP] invitation to an [E3] event from Sony in the form of a gold colored [PlayStation One]. Wow. :D," Persson said.
Persson said the system came without video or power cables and is not sure if the console actually works.
"Sony also once sent me an original copy of Dungeon Master II they had lying around for some reason. They sure know how to bribe nerds. ;D," he added.
Mojang and Microsoft partnered up for Minecraft on Xbox Live Arcade, which has sold over 6 million units thus far and been described by executives as a "beast."
Neither Minecraft, nor any other Mojang titles, are available on Sony's PlayStation 3 or PlayStation Vita. However, Mojang said in March that it will "consider" bringing Minecraft to Sony platforms when its exclusivity deal with Microsoft is up. Support for Nitnendo's Wii U, though, is "very unlikely," the company said.


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CHICAGO–Nelson Peltz's Trian Partners said Friday it will seek a special meeting of Wendy's International Inc. shareholders after being informed that two takeover offers for the company by Trian and Peltz's Triarc Cos Inc had been rejected.
Trian said in a regulatory Friday that it also wants any transaction entered into by Wendy's to be approved by all shareholders and not just the special committee of the board of directors that rejected the Trian/Triarc takeover proposals.
Wendy's directors have been weighing a sale of the company since June 2007 under pressure from billionaire investor Peltz, who has been pressing for a better financial performance.
Earlier this month, Wendy's said first-quarter sales at restaurants open at least 15 months fell at both franchised and company-owned locations, hurt by bad weather and an early Easter.
Peltz, whose Triarc Cos Inc owns the Arby's chain, has offered to buy Wendy's and said he planned to seize control of the No. 3 U.S. hamburger chain's board.


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By Raven Saunt For Mailonline
Published: 09:20 GMT, 1 January 2020 | Updated: 09:50 GMT, 1 January 2020
More than half of 2019's top 20 selling albums were releases from previous years as LP sales continue to plummet.
The official chart, which was released yesterday, revealed that the bulk of popular albums were in fact from 2017 and 2018.
It even included albums from artists including Fleetwood Mac, Queen, Rod Stewart and Elton John.
The official chart, which was released yesterday, even included compilation albums from artists including Fleetwood Mac (pictured)
It revealed that the bulk of popular albums were in fact from 2017 and 2018 and also included works by Elton John (left) and Rod Stewart (right)
It is thought to be the first year that the annual chart has not been dominated by fresh releases and indicates that albums are becoming increasingly less popular with music consumers.
Lewis Capaldi and Ed Sheeran took the top two spots with their 2019 releases of Divinely Uninspired... and No. 6 Collaborations Project respectively.
But the oldest in the batch by far was The Platinum Collection by Queen which was originally released in 2000.
Soundtracks from popular musicals also found their way into the official chart including that from Bohemian Rhapsody and The Greatest Showman.
More than half of 2019's top 20 selling albums were releases from previous years despite Lewis Capaldi (left) and Ed Sheeran (right) bagging the two top spots
This year there were only nine fresh albums that reached the top 20 which is significantly lower


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Police: Bag stolen from woman while she was shopping in Concourse Village
Police say a woman is wanted in connection to a purse robbery inside a women's clothing store in Concourse Village.
They say on Nov. 16, a 43-year-old woman went into Easy Pickins' and placed her bag on the floor to try on shoes.
Police say she later discovered her bag had been taken. They say the bag, containing bank and credit cards, was taken by another woman.
Anyone with information is asked to call Crime Stoppers at 1-800-577-TIPS.


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Microsoft will close its direct-to-Xbox entertainment branch as part of its extensive layoffs of up to 18,000 people announced Thursday, ending many plans for original programming targeting the gaming demographic.
Re/code reported the news of the closure first as rumor, which was confirmed by Xbox chief Phil Spencer. The some 200 employees in the entertainment branch are included in the layoffs announced earlier.
See also: The 15 Best Free iPad Games
Spencer told Re/code that executives like Nancy Tellum, who was brought on from CBS in 2012 to start Xbox Entertainment Studios, will remain on to finish projects already in production. Tellum showed the studio's first project, a series based on Halo directed by Stephen Spielberg, at the Xbox One console reveal in 2013. Since then, several other projects have been announced, like a Halo digital series directed by Ridley Scott and a documentary on the Atari games buried in the New Mexico desert.
This decision to cut Xbox Entertainment Studios reflects the recent pivot Xbox has undergone. The console originally launched as an "all-in-one games and entertainment system," but that seems to be a strategy in flux in response to the large market lead by Sony's PlayStation 4. During this year's E3, Microsoft focused its entire message on games, excluding any entertainment experience.
This contrasts with Sony, which announced it was entering the streaming entertainment business at E3 this year, with the creation of a digital streaming series based on the comic book Powers.


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Starbucks' plans to create a new drive-through restaurant in Nuneaton have taken a step closer to becoming a reality.
The coffee giant is seeking permission to ‘fit out’ the former Eatery Bermuda Park in St David’s Way.
It is the latest step in its big comeback to the town after its original café in Market Place in Nuneaton town centre was closed a number of years ago.
A planning application has this week been submitted to Nuneaton and Bedworth Borough Council asking for building control permission to fit-out the old restaurant into a new Starbucks restaurant.
It is already known that the firm want to create a drive through facility at the new restaurant, giving people the chance to get their coffee on the go.
The latest planning application signals that the firm wants to start the works needed to transform the former eatery and will be awaiting the green-light from planners at the Town Hall.
The Telegraph contacted Starbucks and the firm said that, at the moment, it has no information to add to the application, neither has an opening date been made available.
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As the March 29th launch date draws closer, the torrent of Samsung Galaxy S8s only grows stronger.
Most recently, there have been videos from MobileFun and Slashleaks, along with a library of photos. Among those photos, Android Police and its avid readership managed to find an interesting tidbit: it appears the order of the navigation buttons (which, according to the leaks, will no longer be physical) can be customized.
This leaked picture of two Galaxy S8s, below, clearly shows two different configurations for the home button, back button and app switch button.
Here’s a rotated section showing the upside down handset’s configuration more clearly.
This isn’t a exactly a new tactic — for instance, LG has often allowed highly customizable setups — but for Samsung it’s a change and it will be interesting to see at release just how much customization will be available.
Will users just be able to switch between the stock Android configuration of back-home-app switch and the Samsung configuration of app switch-home-back, or will there be further options?
Samsung fans won’t have to wait much longer to find out.
Source: Slashleaks, Android Police


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According to The Business Roundtable, American CEO’s no longer place shareholder value or profitability as their top goal. The Business Roundtable is an association of CEOs from some of the top corporations in the U.S.
In a statement released on Monday, the group of 181 executives redefined their corporations’ purpose. The business leaders say they’d rather deliver value to its customers, invest in employees, and support ethical measures and communities.
“While each of our individual companies serves its own corporate purpose, we share a fundamental commitment to all of our stakeholders. We commit to deliver value to all of them, for the future success of our companies, our communities, and our country,” the leaders conveyed through a signed declaration.
Wall Street has made recent headlines as Americans question business ethics and economic equality. These issues have been dominating media outlets and the coming Presidential election.
In its most recent statement, the Business Roundtable agreed that corporate America should bear more responsibility to society as a whole and not just those who are vested in their companies.
The statement released by the execs was deemed their “statement of corporate purpose”, and was signed by business giants like Amazon’s CEO Jeff Bezos, Apple’s CEO Tim Cook, GM’s CEO Mary Barra, and JP Morgan Chase CEO Jamie Dimon.
Dimon points out that there is a growing gap concerning wealth in the U.S. He believes that the economy will benefit from the group’s new vision.
Dimon said, “The American dream is alive but fraying. Major employers are investing in their workers and communities because they know it is the only way to be successful over the long term. These modernized principles reflect the business community’s unwavering commitment to continue to push for an economy that serves all Americans.”
The group’s recent stance goes against the grain of previous visions of its former CEOs, who were more concerned with CEO salaries than the responsibility of its employees.
The new vision defined five core areas, including a commitment to provide fair wages and benefits, protect the environment, and support communities.
The Business Roundtable has made previous statements concerning corporate governance, however, many believe the new definition will become the new standard for corporate responsibility. The group was founded in 1972.


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Starring at $699.
New videos, articles, and more show off the upcoming phone and its XL counterpart, all while Google does nothing.
Things kick off next week!
The Always-On Display Apple Watch.
The new standard for many people.
Yay! New iPhones!
I’m in the middle of live-tweeting Apple’s event, but I just thought I’d write up a quick blog post about the new iPad. First things first, it isn’t all that new. It has a very similar body to the previous baseline iPad, but it now comes with a 10.2-inch screen Continue Reading
Now, you can hear from me every Friday to tell you about the future of computing. Exciting, right?
New cameras, better Face ID, better durability, and no more 3D Touch.
Huawei hasn’t been in the best standing with the United States government, as of late. The company isn’t allowed to ship new phones with Google apps, multiple companies have stopped working with them, and the US put the OEM on its Entity List, stopping any US-based company from working with Continue Reading
Seemingly out of nowhere, Apple has announced an expansion of its streaming service, Apple Music. Right now, if you want to use your Apple Music subscription, you have to either use the Music app on iOS or macOS, download an app to your Android device, or use God-forsaken iTunes on Continue Reading
The phone is an upgrade over the G8, and the new second screen wants to be your favorite alternative to a foldable.
Last summer, Lenovo released the first round of Google Assistant-equipped Smart Displays, and I got to review the bigger 10-inch model. It’s a great utility to have in your home, especially since you get gigantic visuals with your voice commands thanks to the screen. Some people won’t like the 10-inch Continue Reading
Alongside a new 7-inch Smart Display, Lenovo today is unveiling two new Android tablets that can double as Google Assistant-powered Smart Displays. They’re both similar in concept to the company’s previous Smart Tab powered by Amazon Alexa that lets you dock the tablet and turn it into a makeshift Echo Continue Reading
Last year, Lenovo introduced the Yoga C930 as a productivity-friendly laptop with a really cool speaker implementation. Instead of drilling grilles into the sides of the keyboard or on the bottom of the device, Lenovo actually built the speaker directly into the hinge of the laptop, and because it has Continue Reading


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The Forum was attended by representatives from the Ministry of Agriculture, the Department of Organic Agriculture, KOICA, the Food and Agriculture Organization of the United Nations (FAO), and many others.
At the Forum participants expressed their views on the state of organic in Kyrgyzstan and noted that the development is stable and sustainable.
The objectives of the forum were a broad exchange of views of all parties involved in the sector of organic agriculture, the business community, government agencies, international development partners, to clarify the progress in the development of organic agriculture, identifying problems and finding solutions. Also one of the main objectives is to familiarize people of the country to eat right and lead a healthy lifestyle, to develop the production of organic products within the country and its export to the near and far abroad.
Ambassador Extraordinary and Plenipotentiary of Mongolia expressed hope for further cooperation and strengthening in terms of economy.
Rahmanova Dinara, representative of FAO, warmly spoke about the work of Bio-KG FOD and praised our activities in organic aimags.
Our director, Iskenderbek Rysbekovich, thanked the participants of the Forum, our partners and colleagues for the fruitful work, endless support and congratulated all with the 10th anniversary of the Federation.
Also at the Forum not once speeches were made about increasing the quality of organic products in Kyrgyzstan and wishes of good work in the future.


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Uber Stock Finally Surpasses Its IPO Price as Stock Market Soars for Second Straight Day
Bullish analysts push the ride-sharing company stock in the right direction.
Uber stock had a rough May, when it opened at $45 per share only to watch its value fall on the first day of trading. One month later, bullish analysts have helped the stock rebound, and today it rose above its IPO price for the first time (reaching $45.66 per share) before closing at $45 once more.
Related: Uber Stock Tumbles After IPO, Leading to Disappointing First Day as Public Company
The stock market was strong overall for the second straight day despite reports earlier in the week about possible Justice Department and Federal Trade Commission investigations into tech giants like Facebook, Alphabet Inc., and Amazon.
The Entrepreneur Index™ rose by 0.82 percent, keeping pace with the Dow (0.82 percent) and the S&P 500 (0.78 percent) on the day. Alphabet (-1.03 percent) and Gap Inc. (-2.59 percent) were among just 14 stocks on the index to fall.
Standouts on the day included Under Armour (4.29 percent), Brown-Forman Corp (4.48 percent) and salesforce.com (5.06 percent).
The Entrepreneur Index™ collects the top 60 publicly traded companies founded and run by entrepreneurs. The entrepreneurial spirit is a valuable asset for any business, and this index recognizes its importance, no matter how much a company has grown. These inspirational businesses can be tracked in real time on Entrepreneur.com.


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Anheuser-Busch Inbev SA (BUD) to Release Quarterly Earnings on Thursday
Anheuser-Busch Inbev SA (NYSE:BUD) will be issuing its quarterly earnings data before the market opens on Thursday, October 26th. Analysts expect the company to announce earnings of $1.19 per share for the quarter.
Anheuser-Busch Inbev SA (NYSE:BUD) last issued its quarterly earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by ($0.19). Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. The business had revenue of $14.18 billion during the quarter, compared to analyst estimates of $14.15 billion. During the same quarter in the previous year, the firm posted $1.06 earnings per share. The firm’s quarterly revenue was up 31.2% on a year-over-year basis. On average, analysts expect Anheuser-Busch Inbev SA to post $4.26 EPS for the current fiscal year and $5.18 EPS for the next fiscal year.
Shares of Anheuser-Busch Inbev SA (BUD) opened at 125.80 on Thursday. Anheuser-Busch Inbev SA has a 52 week low of $98.28 and a 52 week high of $128.30. The firm has a 50-day moving average of $120.81 and a 200 day moving average of $116.51. The firm has a market capitalization of $243.26 billion, a price-to-earnings ratio of 62.71 and a beta of 1.07.
BUD has been the topic of several research reports. Susquehanna Bancshares Inc set a $111.00 price objective on shares of Anheuser-Busch Inbev SA and gave the stock a “hold” rating in a report on Thursday, July 27th. Jefferies Group LLC set a $139.00 target price on shares of Anheuser-Busch Inbev SA and gave the company a “buy” rating in a report on Saturday, July 29th. Argus assumed coverage on shares of Anheuser-Busch Inbev SA in a report on Friday, September 8th. They issued a “buy” rating and a $136.00 target price for the company. BidaskClub upgraded shares of Anheuser-Busch Inbev SA from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Finally, Zacks Investment Research upgraded shares of Anheuser-Busch Inbev SA from a “hold” rating to a “buy” rating and set a $128.00 target price for the company in a report on Wednesday, July 19th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $126.81.
COPYRIGHT VIOLATION NOTICE: “Anheuser-Busch Inbev SA (BUD) to Release Quarterly Earnings on Thursday” was first published by Daily Political and is owned by of Daily Political. If you are viewing this news story on another domain, it was illegally stolen and reposted in violation of international trademark and copyright legislation. The original version of this news story can be read at https://www.dailypolitical.com/2017/10/19/anheuser-busch-inbev-sa-bud-to-release-quarterly-earnings-on-thursday.html.
About Anheuser-Busch Inbev SA
Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.
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The dream of one young man, his passion for comics and creativity has evolved into one of the world’s largest licensors and animation studios.
Chicago saw a number of activations and slew of exclusive product for the he "Fare Thee Well: Celebrating 50 Years of Grateful Dead" show Independence Day weekend.
A year after announcing plans to launch an eponymous lifestyle brand, comedian and TV personality Ellen DeGeneres has launched ED by Ellen online.
The University of Notre Dame has tapped Fermata Partners, a division of CAA Sports, to manage its trademark licensing program.
LIMA has elected six new members to its board of directors and opened up the submission period for its U.K. Rising Stars awards.
41 Entertainment and Arad Animation have tapped Komar Kids to develop a line of kids' sleepwear in the U.S. and Canada inspired by the upcoming "Kong–King of Apes."
HBO Home Entertainment is planning new Steelbook collector’s editions of seasons one through four of its series "Game of Thrones."
Genius Brands International has acquired two new animated series for its upcoming new Kid Genius channel.
Authentic Brands Group has acquired the Swedish outdoor lifestyle brand Tretorn from Puma.
7-Eleven has teamed with Mondelēz International's Sour Patch Kids candy brand to introduce the new Slurpee flavor, Sour Patch Watermelon.
My Gym Children’s Fitness Center is launching a new promotion for Abena North America's Bambo Nature eco-friendly diapers at its locations across the U.S.
Rick Van Brimmer of Ohio State University has been elected to succeed Sesame Workshop’s Maura Regan as chairman of the board of LIMA.
Genius Brands International has partnered with Comcast to distribute its Baby Genius content.
Fashion apparel brand Hampshire Group has partnered with the hiking and climbing brand Gramicci to develop men’s and women’s apparel.
Eric Poses is driving cross-country this summer to host meet-and-greets throughout the U.S.
Mo’s Nose, the children’s book series by Margaret Hyde, is looking to extend its brand into new products.
Apparel and manufacturing company Topson Downs has purchased a majority share of the Rachel Roy brand from The Jones Group.
Peavey Electronics and Diamond Comic Distributors will give away a limited edition 2014 Teenage Mutant Ninja Turtles guitar from Peavey at San Diego Comic-Con.
SEGA will introduce new characters in Sonic the Hedgehog’s upcoming "Sonic Boom" TV series.
To promote the Marvel film Guardians of the Galaxy, customization company CafePress launched an extensive line of fan-generated apparel and consumer products.
Hollister and “Pretty Little Liars” star Lucy Hale will release a limited-edition capsule collection on August 8.
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Iran Newspaper reported on Tuesday that new statistics of Iran’s foreign trade show the economic exchanges reached 122 million tons worth 72.1 billion dollars in nine months of the current Iranian year. The export of non-oil commodities amounted to 92 million tons worth 35.1 billion dollars, indicating an eight-percent increase in terms of weight and 40-percent hike in terms of value compared the statistics in the same period last Iranian year.
Reviewing Iran’s exports in nine months in recent six years shows that the same hike has been experienced in non-oil exports.
Abdolnaser Hemmati, former Governor of the Central Bank of Iran, believes that the jump in exporting commodities has its roots in price hike of oil products, but observations indicate that other factors have been playing a role in this respect.
Five groups of export commodities, including metals, plastics, fruits, copper, and chemical products, have had a big share in expansion of Iran’s exports. More than seven billion dollars out of the $10b hike of Iranian export in the first nine months of this year derived from these items.
The Islamic Republic of Iran Customs Administration declared that it expects the volume of export to reach 47 billion dollars by the end of the year (March 20, 2022).
According to IRICA, China, Iraq, Turkey, the United Arab Emirates, and Afghanistan stood first to fifth in the ranking of export destinations of the Iranian goods in the mentioned period. The UAE, China, Turkey, Germany, and Switzerland were the first five exporters of commodities to the Islamic Republic of Iran in the same period.
Follow us on Twitter @IrnaEnglish


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Are tech giants doing enough for local news?
Throughout the digital age, many local news organizations have been struggling to adapt. Large corporations like Google and Facebook have pledged to financially support these outlets, but many view these efforts as perfunctory, insufficient, and self-serving.
| New York
Facing regulatory and political pressure, Facebook and Alphabet Inc’s Google in recent years committed a combined $600 million to support news outlets globally – many of them local or regional enterprises foundering in a digital age.
Thousands of media outlets received financial and other support for everything from fact checking and reporting to training, according to the tech giants’ announcements. Some publishers express gratitude for contributions they say are essential as advertising revenue has plunged.
But several media analysts and news business executives said that the funding – set to last three years – does not nearly compensate for the tens of billions of dollars publishers lost as the tech companies gobbled up the digital advertising market. Google and Facebook accounted for 54% of United States digital advertising revenue in 2020, according to eMarketer, a market research company.
Some critics dismissed the projects as a way to blunt complaints from publishers and generate good PR. Both tech companies face battles over compensation for news content worldwide, as well as antitrust lawsuits from regulators and publishers.
This “occasional benevolence” is “a drop in the bucket,” said Maribel Perez Wadsworth, publisher of Gannett’s USA Today and president of USA Today Network, which participates in a fact-checking program sponsored by Facebook. “News publishers are not looking for charity. We’re simply requesting a fair shot and a level playing field.”
Emily Bell, director of the Tow Center for Digital Journalism at Columbia University, said the money is vital to newsrooms in the short-term. “But they’re not given at a level which really has a lasting effect on the field, and it isn’t really changing anything.”
The tech giants said that they are genuinely committed to helping local and regional outlets, and both will continue to offer support after the $600 million initiatives expire in coming months.
Where did the money go?
Facebook, a social media goliath, and Google, by far the world’s most popular search engine, generated $607 billion in advertising revenue during the last three years, according to company filings. The companies are among the biggest corporate funders of the global news industry.
The two platforms have released limited information so far about how the $600 million in grants and services has been spent, often offering broad descriptions or examples without financial details.
Google has publicly identified buckets of spending worth about $198 million – including $81 million aimed at “elevating quality journalism” such as training on how to use Google products in reporting. The company, which said it expects to spend its full $300 million by year’s end, lists over 6,250 “news partners” in the project, ranging from the Associated Press and BuzzFeed News to the Cook Islands News in the South Pacific.
Facebook has said that its $300 million has been fully spent, more than half of it in support of local news. The company’s public announcements account for $80.3 million, a quarter of which went to a program that helps local newsrooms attract more digital subscribers. A company spokesperson, Adam Isserlis, said the project also includes proprietary deals with publishers, the details of which are confidential.
Several news executives said they are prodding the tech giants to pay more for content and to further prioritize original reporting. Facebook and Google say they have already changed their algorithms to do just that.
Meanwhile, some publishers see a lifeline. An executive at the Post and Courier in Charleston, South Carolina, said a Google-funded training “lab” helped the paper determine the volume and price of digital subscribers that would cover expenses.
At Cityside, a nonprofit in Oakland, California, co-founder Lance Knobel said he used $1.56 million from Google to help launch and support an online local news website, Oaklandside.
“I honestly think their big interest is that they want a healthy news environment,” he said.
Friend and foe
Other publishers are dissatisfied or ambivalent, viewing the tech goliaths as both friend and foe.
The companies have a huge impact on outlets’ advertising revenues because their algorithms determine whether an article shows up prominently in a Google search or on Facebook’s news feed.
Google runs one of the largest online advertising exchanges for digital ads that are bought and sold automatically via software programs. Since Google competes as both the biggest buyer and seller on that exchange, it can steer business to itself, some publishers and other critics have alleged.
In the U.S. alone, digital and print ad revenue for newspapers fell to $14.3 billion in 2018 from $49.4 billion in 2005.
On June 7, under a settlement with France’s antitrust watchdog, Google agreed to share more data with ad buyers broadly – therefore reducing some of its competitive advantage over publishers.
Google and Facebook face other legal challenges. The Nation, a progressive U.S. news website, and West Virginia-based newspaper company HD Media are among publishers to file antitrust lawsuits against one or both tech giants in recent months. U.S. authorities have filed antitrust suits against both as well, and some states have accused Google of unlawfully dominating the process of placing ads online.
In responses to some of the suits, the companies dismissed claims that their business practices hurt publishers. Google said people use the company because they choose to, not because they’re forced to.
Frank Blethen sees things differently.
The Seattle Times publisher said his paper has participated in programs backed by Google and Facebook. But “if they hadn’t monopolized advertising and gamed search the way they have, newspapers would still be making money,” he said.
This story was reported by Reuters.


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Recycle Utah celebrates America Recycles Day with CHaRM and Green Drinks
November 11, 2016
America Recycles Day is a national initiative of Keep America Beautiful, a nonprofit that is on a mission to inspire and educate people to take action to improve and beautify their community environment.
This year, America Recycles Day falls on Tuesday, Nov. 15, and Recycle Utah, 1951 Woodbine Way, will celebrate with CHaRM (Collection of Hard to Recycle Materials) from 9 a.m. to 5 p.m., said Molly Brooks, Recycle Utah's director of outreach and communications.
"We will accept all kinds of hard-to-recycle materials that can't be collected in curbside bins or put in the trash," Brooks told The Park Record. "Some of these items and materials like batteries and thermometers contain hazardous materials like mercury."
Here is a list:
- Acrylic CD cases
- American flags
- Bike parts
- Bike tires
- Bike helmets
- Brita filters
- Camping propane tanks (empty)
- Cell phones
- Cooking oil
- Eye glasses
- Guitar strings
- Ink cartridges
- Mercury-containing items including thermometers, thermostats, radon detectors and
- Smoke detectors
- Paper (self-serve shredding available)
- Plastic film/grocery bags
- Scrap metal
- Plastics coded 1 to 7
- Styrofoam — no to-go containers or cups
- Tires — a maximum of four per household. Fees: $2 for each rim size 0-18 inches; $4 for each rim size 19-23 inches; $10 for each rim size 24 or more inches, includingtractors and equipment.
- Toner cartridges
- Toothbrushes, toothpaste containers, floss containersIn addition to hazardous chemicals, certain items on the list contain mixed materials, which makes them hard to recycle, but can be up-cycled."Some of the materials on the list can be made into new things, but if they are in the landfill, they'll just sit there and take up space," Brooks said. "So, Recycle Utah is offering options so these materials can be recycled."
Skis are a good example.
"We collect skis and while skis really can't be recycled because of all the different materials that make them, they can be repurposed by local artists," Brooks said.
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Other items like books will go into Recycle Utah's mixed-paper bin, or resold if they are in good condition.
"Bike helmets and car seats are crushed and shredded for recycling and bike parts, if they are metal, are recycled with our mixed metal materials," Brooks said.
Even clothing items such as bras will be collected.
"There is a company called the Bra Recycler that send reusable bras to women in developing countries," Brooks said. "If they can't be reused, the textiles will be recycled."
Some items such as tires require a fee in order to be dropped off.
"Tires are hard things to recycle and they are usually taken to the landfill and placed in a special area," Brooks said. "When you take tires to the landfill, you have to pay a fee. So, we will accept tires for the same price. That way people don't have to drive out to the landfill. Instead, they can drop their tires off at Recycle Utah and we'll take them out to the landfill for them."
In addition to CHaRM, Recycle Utah will celebrate America Recycles Day with Green Drinks at Aloha Ski & Snowboard, 580 Main St., from 6-8 p.m., Brooks said.
Green Drinks is an opportunity to meet and mingle with other eco-conscious people, and hear from local leaders about sustainability, environmental and social advocacy issues.
"On Tuesday, we'll talk about climate change and how it affects us locally," Brooks said. "We'll talk specifically about Park City snow."
Brian McInerney from National Oceanic and Atmospheric Administration will provide an update on the climate, and city council member Andy Beerman will review the city's carbon and renewable energy goals.
In addition, Becca Gerber from Aloha Ski & Snowboard will speak briefly on the company's green business efforts.
"Green Drinks is held every other month," Brooks said. "The next one will be in January."
Admission to Park City Green Drinks is free, but attendees must be aged 21 or older to attend. Food will be provided by Red Bicycle Breadworks.
"Donations to Recycle Utah will be accepted at the door, which will allow us to continue hosting these free community events," Brooks said.
Recycle Utah, 1951 Woodbine Way, will celebrate America Recycles Day with CHaRM from 9 a.m. to 5 p.m., and Green Drinks at Aloha Ski & Snowboard, 580 Main St., from 6-8 p.m. on Tuesday, Nov. 15. For more information, call 435-9688 or visit http://www.recycleutah.org. Anyone interested speaking at a Green Drinks gathering, email firstname.lastname@example.org.
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It’s time for Tesla founder Elon Musk to come clean about the rising carbon footprint of his signature product, as the company’s rapid growth around the world takes it into countries and regions where electric vehicles are powered by the world’s most polluting fuels, commodities columnist David Fickling writes for Bloomberg Opinion.
“At a time when most major companies are working on plans to cut their carbon emissions, one of the darlings of green investing is working to increase its emissions footprint,” Fickling says. “Thanks to its explosive expansion in China and a planned car plant in India, Tesla Inc. is in the process of not just increasing the total sum of its emissions—a pretty inevitable consequence of growth in our current carbonized world—but increasing the amount of pollution each of its vehicles generates, too.”
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The analysis is a version of a frequently-asked question about EVs’ carbon footprint—a discussion that points to the emissions they produce once they’ve been manufactured and have gone into everyday use. The calculation depends largely on the electricity supply mix in the jurisdiction where the vehicle is sold, owned, and operated.
As a point of comparison, Fickling notes that transportation emissions from gasoline and diesel make Volkswagen a bigger carbon polluter than colossal fossil Total SE, while Toyota’s footprint is higher than BP’s and truck engine maker Cummins is responsible for more carbon than perennial climate villain ExxonMobil. “Electric vehicles like those sold by Tesla are at a substantial advantage on that front,” he writes. “They’re so much more efficient in converting produced energy into vehicle power that even in coal-heavy grids like China’s, they’re more efficient than the gasoline equivalent.”
But how much more efficient depends on location: Citing data from European NGO Transport & Environment, he notes that a large battery-electric vehicle would account for 88 grams of carbon dioxide per kilometre in the average European Union country, 50 grams or less in low-carbon Sweden or France, but 193 grams in coal-heavy Poland.
Those numbers all compare favourably to the 284 grams the petrol-powered equivalent would emit. But Fickling says Poland’s emissions are a good proxy for the jurisdictions where Tesla is looking for the fastest growth—which means the company’s overall carbon footprint is set to rise.
“An essential element of the climate potential of electric vehicles is that they’re able to switch to lower-carbon fuels over the course of their lifetimes, as heavily-emitting power plants are disconnected from the grid and replaced with renewables,” he explains. “That process is likely to be quite rapid in developed countries—but in the two countries where Tesla hopes to catch the next leg of growth, China and India, it’s going to be unusually slow.”
Fickling’s problem with that is not necessarily the emissions, so much as Musk’s inclination to talk about them (or not). While detailed climate impact measurements will be keenly interesting to climate-focused investors, some of whom have helped drive Tesla stock sky-high, Fickling says the company has refused to disclose data on its carbon footprint—not just Scope 3 emissions from operating vehicles, but Scope 1 emissions from its own electricity consumption, or Scope 2 emissions from the power it purchases.
“Nor does it disclose its electricity consumption, and its behaviour indicates that, for all the rhetoric, this isn’t exactly a priority,” he writes. “Four years after production started at its Gigafactory battery plant in Nevada, the solar panels that were to cover its roof and help make it independent of Nevada’s gas-fired grid are still only gradually being added.”
Tesla may still come out ahead of companies that “provide exemplary historic disclosures but only the vaguest assurances about how their net-zero commitments are going to be met,” Fickling concedes.
But “a clean-energy business with a market cap roughly equivalent to the S&P 500’s entire oil and gas sub-index should be capable of producing the information to help investors make their own minds up. Tesla’s slapdash emissions disclosure is a stain on an otherwise impressive record. A company that thrives on the power of the sun shouldn’t hide the footprint of its own operations in shadow.”
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Quetta Chamber of Commerce and Industry invites Gwadar investors. Chairman of the Gwadar Port Authority (GPA), Naseer Khan Kashani, has asked members of the Quetta Chamber of Commerce and Industry (QCCI) to seize golden business prospects in the port city.
He stated at a meeting with members of the QCCI here on Monday that the government has previously declared plans to provide maximum facilities and incentives to business people interested in investing in Gwadar. He told them that their investment and trade initiatives would be given priority.
Mr. Kashani stated that 92% of work on the Eastbay Expressway had been completed, the Pakistan-China Vocational Center had been completed three months ago. In addition, they had accelerated the pace of work on other projects launched under the China-Pakistan Economic Corridor in Gwadar and other coastal districts.
On his arrival at the Chamber, Mr. Kashani was greeted by QCCI patrons Chief Ghulam Farooq Khliji, Senior Vice President Abdullah Achakzai, Vice President Akhtar Kakar, Yahya Khan Nasir, Fujan Bareech, and Ayub.
According to them, a Chamber delegation recently visited Gwadar Port to assess the situation and progress on the ground. Quetta Chamber of Commerce and Industry invites Gwadar investors.
Read more with EL news : A tender has been published for the Kuchlak and Khuzdar roadway
They stated that Balochistan exporters and importers should also receive tax exemptions at Gwadar port following SRO 492 and promised the GPA chairman that the QCCI would give all feasible help to the government regarding Gwadar Port.
He stated that an increasing number of people were taking advantage of the wonderful opportunity to work in Gwadar. However, he noted that those concerned in industry and commerce would need to make a swift and decisive investment in Gwadar Port.
The GPA’s chairman stated that additional trade-friendly measures were being implemented. He said that he would pursue tax exemptions and other incentives. “By 2050, we will be able to construct 31 berths in Gwadar.”
He stated that the project was in the sights of adversaries who were attempting to derail it, but “we all have to work together to see it through successfully.”
Quetta Chamber of Commerce and Industry invites Gwadar investors.
Keep up with Estate Land Marketing for news and updates.


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KUALA LUMPUR: Bukit Bendera member of parliament Liew Chin Tong questioned the government’s privatisation deal with Naza TTDI Sdn Bhd involving a mixed development project on 65 acres of land in Jalan Duta, Kuala Lumpur.
The DAP politician called the project "a bad deal for the rakyat" during a press conference at the parliament lobby on Nov 19.
Naza TTDI subsidiary TTDI KL Metropolis Sdn Bhd will develop the Matrade Centre, which will be the country’s largest exhibition and convention centre, at a cost of RM628 million on a 13.1-acre site, said Naza TTDI chairman SM Nasarudin SM Nasimuddin.
Basing his figures on the approximate RM226 per square foot reported in The Star — derived from dividing the cost of the exhibition centre with the size of the land — Liew questioned the absence of an open tender for the project.
Liew also asked if another exhibition centre was necessary as he claimed the existing Putrajaya International Convention Centre (PICC) is "underutilised".
The PICC was built at a cost of RM600 million, according to Liew.
Naza TTDI’s mixed development will include residences, offices, a shopping mall and a hotel.
The gross development value (GDV) of the whole project will be RM15 billion over a period of 10 years
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LONDON – Warren East, CEO of processor technology licensor ARM Holdings plc (Cambridge, England), is unimpressed by the announcements made by chip giant Intel about the low-power Medfield system-chip and its design wins, according to a Reuters report.
"It's inevitable Intel will get a few smartphone design wins – we regard Intel as a serious competitor. Are they ever going to be the leaders in power efficiency? No, of course not. But they have a lot more to offer," Reuters quoted East as saying in an interview conducted at the Consumer Electronics Show in Las Vegas.
East said that Intel's design wins were the result of forcing designs that were not originally intended as mobile phone designs into a power and performance that was "roughly good enough for mobile phones," according to the report.
Intel (Santa Clara, Calif.) used the Las Vegas CES event to launch its Medfield smartphone and tablet computer platform. The 32-nm Penwell system-chip at its heart is more power efficient than previous Intel offerings and consumes less than 800-mW when working flat out, Intel said. Intel also announced a design win with Lenovo and a partnership with Motorola Mobility Inc.
Medfield is set to appear in the K800 Android smartphone for the China market in the first half of 2012 and in Motorola Android products, possibly including both a smartphone and a tablet computer in 2H12.
Qualcomm Inc. (San Diego, Calif.), a telecommunications technology and fabless chip company, is one of the ARM licensees and was also prominent at CES. Qualcomm's leading processors for smartphones and tablet computers are a family known as Snapdragon S4 for which Qualcomm claims to have 70 non-phone design wins from about 20 companies, most of which are likely to be Android systems.
East said that ARM was happy to wait for Windows 8 operating system running on ARM-powered tablet computers. "Google's Android is flavor of the month, flavor of the year, and we certainly want to be part of the Google success. But there is a space for Microsoft, and we very much want to be a part of that success too," the report quoted East as saying.
Interesting perspective on their competition! I wonder if Windows being supported on ARM was driving any of Intel's push to get into the handheld market? It seems that there is a lot of noise from this announcement but I will have to take a wait and see approach before judging anyone a winner. Still, I like having options both in the hardware and OS realms!
A few things to consider, first when competition exists ... the market creates more innovation. Intel has fab technology to push products into a regime that is leaving most ODM companies behind. So if we all wish to enjoy those cutting edge products into the future, I would be cheering for Intel to keep the spirit alive. Otherwise we will all be stuck with our mobile devices running apps on slow coventional CPU products.
Can anyone be specific about what Intel is offering in terms of architectural innovation? ARM used the approach of elegant simplification right from the start, and to my knowledge haven't diverted from that very much. It is a virtuous circle, although one might expect diminishing returns at some point.
Intel have innovated their processes and silicon design, but their architectures seem to need all the help they can get from the boys in the basement. I never understood why they couldn't make a go of RISC, they spun out their ARM licensing experiment to Marvell I believe.
Maybe corporate Intel can't get over the 'not invented here' hurdle, or maybe Intel's architecture department doesn't contain any software gurus? I think they should look at what they do well (silicon), and what they do clumsily (architecture) and get focussed, either with some proper partnerships or invest in a proper architectural skunkworks (like Acorn Computers did when they created ARM).
Mind you, Intel's peripheral (chipset) architecture teams are pretty good. They have had to be, innovating while carrying all that legacy stuff.
It appears that people have fogotten that ARM and other "embedded" processor vendors are all the desktop/PC losers against Intel.
Intel didn't go to embedded market because PC market was very profitabl. Now it is the face-off time.
Actually intel have tried to introduce non-x86 RISC architecture in 1990s; i860 and i960 family. They are truly innovative at the time (860 was first VILW, 960 was first superscaler in the market). 960 achieved some success in embedded application (860 was not a great success), but eventually overtaken by cheaper and higher-performance competitors (MIPS, PPC and ARM). After all, brand new architecture was not juicy for intel, compare to legacy x86, where they had definitive advantage in stable market. Well, those are things of past. It may be the time to intel to consider if they should stick with shrinking PC market or to make gamble on brand-new-architecture one more time.
David Patterson, known for his pioneering research that led to RAID, clusters and more, is part of a team at UC Berkeley that recently made its RISC-V processor architecture an open source hardware offering. We talk with Patterson and one of his colleagues behind the effort about the opportunities they see, what new kinds of designs they hope to enable and what it means for today’s commercial processor giants such as Intel, ARM and Imagination Technologies.


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By: Jacob Murphey | WCTV Eyewitness News
January 6, 2020
GREENVILLE, Fla. (WCTV) –
Recently announced state grants will help jump-start a revitalization project in this small town. It all centers around a new grocery store in the works.
Gov. Ron DeSantis announced millions of dollars in grants, mostly headed to rural Florida towns. The town of Greenville received more than $600,000 in grants from various state agencies.
According to Greenville City Manager Edward Dean, the funds will help demolish a row of buildings in what used to be a busier downtown section of Greenville. Crews are just a few weeks away from beginning the work.
In comes a new grocery store. Dean says the store will give residents a chance to purchase fresh produce without having to travel at least thirty minutes. For those with few means of transportation, that's a game changer, he said.
Across the street, construction continues on a new community center in town. It will serve as both a youth center on one side and a senior center on the other. Dean expects the center to open later this year.


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In an effort to help WhatsApp users transfer money, Facebook is reportedly creating a digital currency. Unnamed sources told Bloomberg that the company is at work on a stablecoin, which is a cryptocurrency tied to the value of the U.S. dollar, and is reportedly eyeing India’s remittance market.
According to sources, the company isn’t yet close to making the coin available and is still developing its strategy, such as how to use custody assets to shield the stablecoin’s value. “Like many other companies, Facebook is exploring ways to leverage the power of blockchain technology,” said a spokesperson for Facebook. “This new small team is exploring many different applications. We don’t have anything further to share.”
Bloomberg noted that there were many ventures – over 120 of them – pursuing ideas in the stablecoin space. The aim of using this type of cryptocurrency is to create a more stable method of payment for day-to-day purchases. WhatsApp has over 200 million users in India – and, according to the World Bank, consumers sent $69 billion to the country last year.
The news comes as Facebook was looking to grow its blockchain team, according to a report earlier this month. The report noted that the social media company made a post on its careers page that it was seeking data scientists and engineers, software engineers and a product marketing lead for its blockchain-focused team.
According to the ad, “the blockchain team is a startup within Facebook, with a vision to make blockchain technology work at Facebook scale. We’re exploring lots of areas of interest across all facets of blockchain technology.”
Facebook already has about a dozen people working on blockchain and digital currency, it was previously reported. The team is led by former Facebook Messenger Head David Marcus, who was also previously a board member at Coinbase.


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New delay in recycling rules
The CBI has attacked the Department of Trade and Industry (DTI) over a third delay to the implementation of new EU recycling rules.
Introduction of the Waste Electrical and Electronic Directive, under which producers and retailers of electrical goods such as toasters and dishwashers, will pay to recycle them, has already been postponed from August this year to June next year.
Yesterday, however, the DTI said the June deadline would not be met. The EU has already initiated infraction proceedings against the UK for failing to failing to implement the new rules.
John Cridland, CBI deputy-director, said: “Announcement of yet another necessary delay will be greeted with exasperation by businesses. Firms will view a delay to allow consultation on outstanding issues as the right decision.


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Bollywood actor-singer Priyanka Chopra has become the first Indian to be signed by the international fashion brand Guess. “I’m their first brown model,” Chopra told Women’s Wear Daily, according to buzzfeed.com.
The former Miss World, who considers herself as “quintessential Guess” will represent the brand in its Holiday 2013 campaign, reports the Indian Express.
Chopra tweeted: “I’m so proud to be the next #GuessGirl. It’s a legacy of beauty for 30 years.”
Having been selected as the brand’s international face, Chopra said, “For a global fashion brand, for them to move their campaign into a global space, for me it’s an honour.”
“I’m not too American and I’m not too Indian, but I’m a global citizen. I don’t want to have to change who I am to try and fit in or cater to a certain audience,” she added.
The Indian beauty reportedly sealed the deal with the brand after meeting with Guess president Paul Marciano. In what was a signature Guess, classic and retro-inspired photo shoot done by singer Bryan Adams, Chopra sported feminine attire, big hair, cat eyeliner and an infectious smile. Dubbed as a ‘classic’, the shoot is reminiscent of the ad campaigns of Chopra’s predecessors Claudia Schiffer and Anna Nicole Smith, reports the Huffington Post.
The 30-year-old actor epitomises femininity and class in the ad campaign. “I really do believe that women should always be feminine and beautiful and not skinny, but rounded,” she remarked. As the ethereal beauty representing South Asia, she has done her fans proud.
Way to go, Piggy Chops!
Published in The Express Tribune, October 30th, 2013.


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Dangote Joins Forces With Peugeot, Starts Vehicle Assembly Company, Firm Begins Operatons
- Nigeria's business mogul, Aliko Dangote in conjunction with Kano, Kaduna states and Stellantis Group has started vehicle assembly plant
- The company went into full operation this February and has the potential to assembly close to 120 vehicles per day across its plants
- A statement by the company said it will employ latest technology and safety features as it tries to re-establish relationship with dealers across the country
Billionaire businessman, Aliko Dangote in conjunction with Peugeot, owned by the Stellantis Group, the Kano and Kaduna state governments, has started the assembly of vehicles in Nigeria, taking on Innoson Motors, a dominant local manufacturing and assembly firm.
The companies are assembling the vehicles at the new Greenfield Ultima Assembly plant located in the northwest part of Nigeria. The plant was built to operate at full capacity and is touted to have the capacity to assemble close to 120 vehicles per day across all its outfits.
What the company said
The manufacturing director of the plant, Ibrahim Issa Gachi said that the newly assembled vehicles will flaunt the latest technology and safety features that would ensure its users are safe.
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Gachi’s statement also said that the company has ensured the spare parts for all the newly assembled vehicles are made in local markets.
Also, so as to promote the sale of the new models of Peugeot, it is re-establishing contacts with Peugeot dealers all across the country to ensure a soft landing into the market and also ensure that the firm maintains a reliable reputation.
How it started
In 2016, the Kaduna State government, Dangote Group and the Bank of Industry were to a majority stake in the Kaduna-bases Peugeot Automobile which was moribund.
In 2017, reports said that the business mogul has acquired the license to establish a Peugeot plant in Nigeria five years ago.
Innoson Motors Lauds Soludo’s Decision
Legit.ng has report that Nigerian’s indigenous carmaker, Innoson Motors has applauded the decision of Anambra State governor-elect, Chukwuma Soludo to use only vehicles made by them as his official vehicles throughout his tenure as the state governor.
In a statement on Facebook on Thursday, January 26, 2022, Innoson Motors said the news excited its chairman, Innocent Chukwuma who is looking forward to welcoming Soludo to its manufacturing plant upon assumption of office.
This comes after Soludo declared that he will use only locally made vehicles and specifically, from Innoson Motors as long as he remained the governor of Anambra State.


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After holding some events which inviting many international artists, this time Saudi Arabia is finally holding its first ever concert with the special guest, the Hero singer, Mariah Carey.
The highly anticipated concert would be part of the Golf Tournament by the Kingdom and would be held in King Abdullah Economic City on January 31st 2019. The Inaugural Saudi International is also part of the European tour that is supported by SBIA and it will last until February 3rd in Royal Greens G&CC.
According to Arab News, Saudi Arabia has imported numbers of entertainment shows from abroad whereas they also invited some international artists as well. The thing about the hero singer, Mariah Carey is that Saudi Arabia is known as a conservative country and the sexy image of Mariah would be the groundbreaking move made by the country. Mariah will be performing alongside DJ Tiesto from the Netherland and the American Rapper, Sean Paul. If you happen to reside in the country, you can get the tickets from Virgin Megastores or TicketingBoxOffice.com.
The F thing is a fashion fusion forward company of the traditional and the new. It is a community based fashion and lifestyle e-commerce and content platform aiming to help local businesses to grow at an international
level and to give positive impact to millennials through video and written content, we aim to be able to be the first and leading company to do so in the South East Asian market.
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PITTSBURGH (KDKA) — Workers at four Starbucks locations in Pittsburgh were on strike Wednesday.
The strike came as the company held its annual meeting. Union workers at shops in Bloomfield, Shadyside, Ross Township and Market Square participated in the strike.
"I have friends who are sleeping in their cars and selling plasma to try and make ends meet with the wages they're paying us," said Abbie Levans, a barista at the South Side Starbucks.
She said union members across the country are trying to get the attention of the coffee company's new CEO, who started Monday.
These workers have been without a contract for several months, and they want their new leader to prioritize good-faith bargaining after months of rescheduled or flopped negotiations.
"They just showed up and said we have to go caucus a couple of minutes into the meeting, and then sat in the next room and waited the time out and left," Levans said.
Levans said workers are hoping for guaranteed raises and better staffing.
"Especially at some of these drive-thru stores where you're at peak and your lines are wrapped around," Levans said. "I worked at a drive-thru store, and we were told our window times needed to be under 40 seconds."
They also want better and more inclusive health care.
"For a lot of people, it's almost inaccessible," Levans said.
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Looking for the perfect present for your techie friends or a conversation starter at your office gift exchange? For its #3DPrintMyGift campaign on Twitter today, GE will print out one of its 3D prototypes you can give to your loved ones (or keep for yourself, if you’re a Grinch).
For the rest of the day, people can tweet at @GeneralElectric from the #3DPrintMyGift tumblr page using an automated tweet form for the chance to win an celebrity- or “influencer”-designed 3D print from GE.
Hopeful Twitter participants can choose from products like a Spotify iPhone 5 Speaker, Al Roker weather-themed magnets, or a cat-shaped charm by Stacy London of “What Not To Wear.” They can then work with a CAD designer to tweak things like the color of the product or a printed personalized name on the design, depending on the prototype.
Winners’ actual printed product will then be displayed on 3dprintmygift.tumblr.com, along with their Twitter handle.
“3D printing has had a great year in terms of visibility,” said Paul Marcum, the director of global digital marketing and programming for GE. “For us, it’s transformative in how we manufacture and it’s important for our customers to understand the flexibility the process provides.”
GE has had other successful “days” in the past celebrating invention and inviting its audience to participate. Last winter, for its “Inventor’s Day, ” GE asked its Twitter followers to tweet out their invention ideas, which then were drawn into blueprints in real-time. For “Pi Day” this past August, it sent out 314 pies to random tweeters that used the hashtag #PiDay.
Marcum added that the prints will be shipped out within several days, and that GE will print until it can print no more.
Why online lit platform Wattpad is keying its organic digital strategy on TikTok videos
Even as brands are shelling out more dollars for social media ads, online literature platform Wattpad is holding onto its ad dollars, opting for an organic social strategy.
‘A lot of waiting, watching and partying while Rome burns’: Confessions of an ad tech exec on the third-party cookie delay
In the latest edition of our Confessions series, in which we trade anonymity for candor, we hear from a senior exec at an ad tech company about what that limbo is like.
WTF is piggybacking?
Piggybacking is how an ad tech firm can drop a third-party cookie on a website's visitors via another ad tech firm that the website has granted access, as covered in this explainer video skit.
SponsoredHow marketers are tailoring data-driven creative to engage audiences on CTV
Gabriela Maestre, vice president of creative solutions, Tremor International As the end of the year approaches and marketing teams look to finalize their 2023 budgets, many are wondering how to ensure their ads are set up for success in the months ahead, appealing to unique audiences whose media consumption habits continue to evolve. Advances in […]
Fireball taps into streaming, Instagram to reach Gen Z of drinking age
To drive reach and awareness with Gen Z, spirits brand Fireball last month increased its digital video output on Instagram and streaming sites like ESPN, Peacock and Hulu with 15-20 second ads. It is the cinnamon whiskey’s first creative campaign to market to Gen Z, as many are now of legal drinking age. (The demographic […]
Why regulators are still at odds over ad tech data privacy standards
The problem with attempts to bring order to online advertising’s data industrial complex is how loosely written the rules are.


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7-Eleven Hawaii invests millions to save energy
Convenience store chain hopes to cut consumption and costs 30%
The nearly 60 convenience stores owned by 7-Eleven Hawaii Inc. are investing more than $10 million in an effort to reduce their energy consumption and related costs by 30 percent annually.
Saying that electricity is the second-highest expense for the convenience store chain, President and CEO Greg Hanna told PBN that the company spends about $8,000 a month per store on energy costs, with Neighbor Island utility bills running even higher than that.
In total, 7-Eleven Hawaii spends about $6 million annually on energy costs.
“Just like your electric bill at home, costs continue to rise and rise,” he said. “It has been that trend for the past several years. [So] this is one of the primary companywide initiatives that started early last year.”
Experts say that as Hawaii moves closer and closer to deadlines associated with its clean-energy initiative, large companies such as 7-Eleven Hawaii will play an important role, especially on the efficiency side, which has a mandate of 30 percent by 2030.
Hanna says the initiative started by installing electronic sensors in several test stores to determine which equipment was consuming the most energy. Not surprisingly, the company found that refrigeration, air conditioning and lighting were what Hanna calls the “energy pigs.”
In its first phase, 7-Eleven Hawaii targeted refrigeration and outside lighting, which per store, cost about $15,000 to upgrade.
The second phase of the project is much larger in scope and includes interior lighting, A/C and other upgrades, said Hanna, who noted that these improvements and retrofits will be done during upcoming existing store renovations.
Duane Shimogawa covers energy, real estate and economic development for Pacific Business News.
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JarBox taking off for local inventorMar 1, 2012 By Joshua Scheer, Staff Writer
Riverton businesswoman Jeri McFarlane has accomplished a feat few people do: invent a product and be able to produce and sell it.
"It came out of ...
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Enterprise workflow software maker ServiceNow (NYSE:NOW) reported Q3 FY2021 results beating Wall St's expectations, with revenue up 31.2% year on year to $1.51 billion. ServiceNow made a GAAP profit of $63 million, improving on its profit of $12.8 million, in the same quarter last year.
Is now the time to buy ServiceNow? Access our full analysis of the earnings results here, it's free.
ServiceNow (NOW) Q3 FY2021 Highlights:
- Revenue: $1.51 billion vs analyst estimates of $1.47 billion (2.24% beat)
- EPS (non-GAAP): $1.55 vs analyst estimates of $1.39 (11.5% beat)
- Subscription revenue guidance for Q4 2021 is $1.51 billion at the midpoint, below analyst estimates of $1.59 billion
- Free cash flow of $226 million, down 15.6% from previous quarter
- Customers: 1,266 customers paying more than $1m annually
- Gross Margin (GAAP): 76.8%, down from 78.1% same quarter last year
“We reported another significant beat and raise quarter in Q3,” said ServiceNow President and CEO Bill McDermott.
Founded by Fred Luddy who wrote the code for the initial prototype on a single flight from San Francisco to London, ServiceNow (NYSE:NOW) offers software as a service platform that helps companies become more efficient by allowing them to automate workflows across IT, HR and Customer Service.
As corporations digitize their processes, they build and buy more and more apps and systems that often don’t directly connect with each other. That in effect drives demand for software platforms like ServiceNow, that function as operating systems for the enterprise and are able to tie all the other systems together.
As you can see below, ServiceNow's revenue growth has been very strong over the last year, growing from quarterly revenue of $1.15 billion, to $1.51 billion.
And unsurprisingly, this was another great quarter for ServiceNow with revenue up an absolutely stunning 31.2% year on year. On top of that, revenue increased $103 million quarter on quarter, a very strong improvement on the $49 million increase in Q2 2021, and a sign of acceleration of growth.
Analysts covering the company are expecting the revenues to grow 25.1% over the next twelve months, although estimates are likely to change post earnings.
There are others doing even better than ServiceNow. Founded by ex-Google engineers, a small company making software for banks has been growing revenue 90% year on year and is already up more than 400% since the IPO in December. You can find it on our platform for free.
Large Customers Growth
You can see below that at the end of the quarter ServiceNow reported 1,266 enterprise customers paying more than $1m annually, an increase of 65 on last quarter. That is quite a bit more contract wins than last quarter and quite a bit above what we have typically seen lately, demonstrating that the business itself has good sales momentum. We've no doubt shareholders will take this as an indication that the company's go-to-market strategy is working very well.
Key Takeaways from ServiceNow's Q3 Results
With a market capitalization of $134 billion, more than $3.03 billion in cash and with free cash flow over the last twelve months being positive, the company is in a very strong position to invest in growth.
It was good to see ServiceNow deliver strong revenue growth this quarter. And we were also glad to see the acceleration in new contract wins. Overall, this quarter's results seemed pretty positive and shareholders can feel optimistic. The company is down 3.3% on the results and currently trades at $643 per share.
Should you invest in ServiceNow right now? It is important that you take into account its valuation and business qualities, as well as what happened in the latest quarter. We look at that in our actionable report which you can read here, it's free.
One way to find opportunities in the market is to watch for generational shifts in the economy. Almost every company is slowly finding itself becoming a technology company and facing cybersecurity risks and as a result, the demand for cloud-native cybersecurity is skyrocketing. This company is leading a massive technological shift in the industry and with revenue growth of 70% year on year and best-in-class SaaS metrics it should definitely be on your radar.
The author has no position in any of the stocks mentioned.


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In today’s CardFlash News Que: POWA (Anywhere Commerce); TILLSTER (Digital Store Platform); CAPRA CONSULTING (EMV); and OpenTable (Android.)
NH-based Ziftr launched a one-stop cryptocurrency/credit card payment platform and customer loyalty program. Ziftr is working to onboard the first group of ziftrPAY merchants to reach a critical mass of ziftrPAY merchants by next holiday season.
CardWeb.com’s CardPixes database of more than 7,000 images today features the Sustain:Green MasterCard from Commerce Bank.
The U.S. bank credit card industry remained tightly concentrated in 2014, based on outstandings, with the top 5 issuers controlling nearly half of the market, the top 10 issuers holding a two-thirds share and the top 50 maintaining an 88% share, according to CardData.
Facing the real possibility of one FOMC rate hike in the second quarter and two additional rate hikes in the second half of 2015, U.S. credit card rates will likely return to the highest rates in five years. RAM Research forecasts U.S. bank credit card rates for accounts assessed interest will climb to 14.24% by EOY 2015.
U.S. bank credit card active accounts (accounts with sales activity), among the top six U.S. issuers, grew 10.3% year-on-year (YOY) and 3.5% quarter-to-quarter (QOQ) in 2014. This comes despite the slight erosion in gross accounts of 1% by Chase, Bank of America and Citibank last year.
Aggregate global gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover is projected to top $13.6 trillion in 2015. According to RAM Research the year-on-year (YOY) growth rate will maintain a 4.5% to 5.5% range through all four quarters this year.
International cash dollar volume (CDV) for Visa and MasterCard credit and debit cards hovered at the US$800 billion level throughout 2014. While the nominal dollar basis shows a slight decline, the year-on-year (YOY) growth was very robust in most of the Visa and MasterCard regions, on the currency adjusted basis, according to CardData.
Oslo-based NEXT Biometrics has been chosen to provide its fingerprint imaging sensor in the new BIO-key EcoID, a low-priced compact USB touch fingerprint reader.
According to new research the mobile money market is expected to grow from $12.34 billion in 2014 to $78.02 billion by 2019, at a compound annual growth rate (CAGR) of 44.6% during the forecast period from 2014 to 2019. In terms of regions, MEA is expected to be the biggest market in terms of market size, whereas APAC and NA are expected to experience increased market traction, during the forecast period.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Dr. Markus Braun, Chief Executive Officer and Chief Technology Officer of Wirecard AG.
In today’s CardFlash News Que: ACCULYNK (Atlanta Courts); BILLTRUST (milestone); PAYTELLER (Janefour20 COO) and INETCO (BECU).


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We all know about Samsung’s in-house Tizen operating system, and now, a South Korean newspaper is reporting that the tech giant is all set to launch a smartphone running on Tizen OS in India this month. The device is slated to be called Samsung Z1. Also Read - Amazon Prime Day sale deals revealed: Discount on OnePlus Nord CE, Mi 11X, Samsung Galaxy M42
This falls in line with our earlier reportage as the device has been spotted online on several occasions and is rumored to be an entry-level smartphone. As for specifications, it will feature a 4-inch 480p display with a pixel density of 288ppi. It will be powered by a 1.2GHz processor paired with 512MB of RAM, and will run on Tizen OS 2.3. The phone will come with a 3.2-megapixel camera. Also Read - Galaxy A22 replaces M42 5G to become the cheapest 5G Samsung phone in India
Earlier reports also suggest that the phone will be priced between Rs 5,000 and Rs 15,000, which again falls in line with today’s report. The company is also expected to offer Club Samsung 2.0 service, through which it will offer localized music, videos, TV shows and other content to lure in Indian audience. Also Read - Gorilla Glass DX, DX+ to now protect your phone cameras, will debut on a Samsung phone
First spotted by Reuters, the local daily writes that Samsung will hold a press conference on December 10, where the first Tizen-powered smartphone Z1 will be released. There is no official statement from the company, nor have they sent out any media invites indicating nay launch.
Samsung’s attempts to reduce reliance on Android and further enhance the ecosystem behind Tizen will be interesting to see once the device releases. Currently, only a handful of devices, including the firm’s smartwatch products, run on the platform.


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At present, there are about 220 tannery units in Bangladesh and they use locally available raw hides and skins. Of them 114 are large and medium units (by local standards) and are registered with the Directorate of Industries. Others are mostly of small and cottage type and are not on the register of the government. About 150 tannery units are located at Hazaribag of Dhaka in only 50 acres of land popularly known as tannery estate. According to the records of the Bangladesh Tanners Association, about 3,000 workers are employed in the tanning industry. Besides, there are about 100 qualified technologists including foreign nationals who are working in different tanneries. Total capital invested in the tannery industry is estimated at Tk 2.5 billion, of which government/bank finance is about Tk. 1.2 billion. About 1,500 persons are involved in the process of collecting raw hides and skins and making them available at tannery units. About 100 organizations import chemicals for use in tannery industry. Bangladesh produces approximately 100-150 million sq feet of raw hides and skins, about 85% of which is exported in crust and finished form. The rest is used for producing leather goods to cater to the domestic market
The relocation of tanneries in Hazaribagh to the leather industrial park in Savar on the outskirts of the capital is likely to be completed by this year. The relocation work is going on in full swing and 20 factories have already completed construction of their new premises. The progress is slow due to shortage of fund. It will cost about Tk6,000 crore to relocate the factories and to start production in the new establishment. The Ministry of Industries decided to relocate the tannery factories from their current location in the capital’s Hazaribagh area amid pressure from the rights group, environmental activists and buyers concerned with its hazardous effects on the public health and environment. It allocated plots to 155 tannery owners through Bangladesh Small and Cottage Industry Corporation (BSCIC) at the leather industrial park, established on a 200-acre land in Savar. The government is processing the allotment plots to the rest of the tanneries in Hazaribagh that did not get a place in Savar.
Present market condition of leather market of Bangladesh:
Exports of leather and leather goods crossed $1 billion for the second year in fiscal 2014-15, according to data from the Export Promotion Bureau. In 2014-15, Bangladesh exported leather and leather goods worth $1.13 billion, compared with $1.12 billion in the previous fiscal year, making it the second highest contributor to national exports after garment.
The sector has been performing well, as higher export values have helped the sector earn over $1 billion for two years in a row. Despite earnings growth, the country missed the export target of $1.4 billion by 19.09 percent in 2014-15. Bangladesh aims to export $1.21 billion of leather and leather goods in 2015-16, which is 7.28 percent higher from last fiscal year. Italy, the UK, Belgium, Spain, France, Germany, Poland, the US and Canada are the big markets for the sector. In recent years, the exporters have been doing well in Japan, India, Nepal and Australian markets. Of the new destinations, Japan is very promising for us, as our export is increasing significantly in the market because of a duty-free advantage. The government should negotiate with Japan as the possibility of a free trade deal to be signed by different countries with the Asian economic giant may encourage it to cancel the duty benefit.
Products Export Target for 2014-15 Strategic Target for (Jul-Fe 2015-2016) Export Performance (Jul-Feb 2015-2016)
All products 33,200.00 29,943.08 28,144.38
Leather 625.00 258.09 187.13
Leather Product 325.00 169.57 241.55
Leather Footwear 447.28 354.87 324.03
LEATHER SECTOR 1,397.28 782.53 752.71
Bangladesh now exports only 0.5 percent of the global leather and leather goods market worth $215 billion, according to industry insiders. According to experts, the sector may achieve the target by the end of the current fiscal year, although it missed the target in the last two years.
The government of Bangladesh provides a support to the leather industry through various steps, including monitoring the export market, evaluating the performance of the sector by a permanent parliamentary committee, and liberal bank credit. Leather goods producers in Bangladesh tend to be associated only with manufacturing and exporting. They do not have much control over downstream operations. However, the success of a number of Bangladeshi firms in attracting such brand names as Puma, Pivolinos and Hugo Boss to source from this country proves that there is ample scope for the industry’s upward mobility


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LIVINGSTON, CALIF. — Poultry producer Foster Farms is introducing a range of refrigerated, grab-and-go chicken snacks. Bold Bites are fully cooked, ready-to-eat chicken breast pieces in five flavors: Cajun, Chile Verde, Korean BBQ, Caribbean Jerk and Parmesan Garlic. With 15 grams of protein per serving, the products may be consumed as a snack or added to salads, wraps, tacos or soup.
"Bold Bites feature the same farm-fresh chicken Foster Farms is known for, with globally-inspired and crave-worthy seasonings conveniently packaged to meet the needs of today's mobile consumer," said Tiphanie Maronta, director of marketing for Foster Farms. "Busy parents, young professionals, fitness enthusiasts and even kids tired of the same old sandwich told us that this product fits the bill; it's a portable, better-for-you protein option that actually tastes good."
The launch marks Foster Farms' entry into the refrigerated, single-serve snack space and aligns with consumer trends. Forty-one per cent of consumers want to see more meat snacks made from premium cuts, and 26% want preservative-free options, according to research cited by the company.
Bold Bites are available at select retailers in California, Washington and Oregon.