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Origin PC Adds NVIDIA GTX 660 & GTX 650 Graphics Cards to Their Gaming Desktops
Following today's release of NVIDIA's GTX 660 2GB and GTX 650 1GB graphics cards based on the GK106 (960 Cuda cores) and GK107 (384 Cuda cores) GPUs respectively, Origin PC has announced the immediate availability of these new products in their range of gaming desktop PCs.
"ORIGIN PC is ecstatic to officially launch the NVIDIA GeForce GTX 660 and GeForce GTX 650 Graphics Cards and they are available right now." says Kevin Wasielewski, CEO/Co-Founder of ORIGIN PC. "The beauty about both of these graphics cards is their new level of affordability and their ability to deliver groundbreaking performance on our custom high-performance desktops."
Posted by | Thu, Sep 13, 2012 - 06:45 PM


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July Auto Sales
July auto and light truck sales are being reported at 11.2 million annual rate.
That is a very significant increase from the second quarter average of 9.5 million and implies that consumption in the third quarter GDP data will be up significantly.
I do not have detailed data of how much of this is due to “Cash for Clunkers”.
But the point that people are willing to take on a new set of car payments is a good sign for consumer confidence and spending.

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Huawei Grand Reward Offers Amazing New Prices
Huawei – the worldwide brand of broadcast communications has reported its stunning new costs for different Huawei gadgets as a reward for the vigorous and dedicated clients. Individuals needing to change their gadgets or purchase another telephone, can now exploit this exceptional offer, to purchase an extensive variety of highlight rich Huawei cell phones at staggeringly low costs.
After the rebate, Mate 9 is accessible at Rs. 64,999 , while it was Rs.69,999 before. The cost of Honor 8 has been lessened to Rs. 41,999 from Rs. 47,400, likewise the cost of Nova Plus has been diminished to Rs. 31,999 from Rs.38,899. The Honor 6X is currently worth Rs.27,499, descending from Rs.28,499. In the lite arrangement, both P9 lite and P8 lite have diminished to Rs. 21,999 and Rs. 18,999 from Rs. 25,899 and Rs.20,999 individually.
Thus, the costs of Y arrangement have likewise lessened. Y6II, and Y5II have gone down to Rs.17,999, and Rs.11,999, from Rs.19,299 and Rs. 12,799 individually. The Y6pro 4G and Y6pro3G have likewise gone down to Rs. 16,999 and Rs. 14,999, from Rs. 17,999 and Rs. 16,899 separately. Respect 5X now remains at Rs.17,999 though it was Rs. 22,999 prior. In conclusion, Huawei GR3 is currently Rs.15,999 while it was Rs.20,999 before.
“Fulfilling the perpetually changing interest of the clients has dependably been the top-most need of Huawei, in this way we have marked down the costs a couple of most requesting Huawei gadgets. We need to convey new items and encounters that at last enhance and improve life.” said Mr. Blueking – Country Head of Huawei, Pakistan.
Huawei is quickly developing as an inventive industry pioneer inside the gadgets and media communications field, expecting to convey excellent administrations to the quickly growing portion of cell phone clients in Pakistan, who look for capable worldwide availability.


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Earlier this month, Rhode Island residents were warned about a utility scam where fraudsters try to trick them into disclosing sensitive bank account information. The fraudsters pretend to be representatives from your local utility provider; in Rhode Island, National Grid.
During the phone call, the fraudsters claim that customer's account is past due, and that their electric or gas utilities will be shut off unless they pay immediately, by providing their bank account and payment information over the phone. Besides Rhode Island, the fraudsters have targeted consumers in Pennsylvania, Maryland, Ohio, Florida, and Alabama. In Florida, the fraudsters demanded payment via the Green Dot prepaid card.
National Grid does not contact Rhode Island customers by phone about past due account notices. If you receive a phone call with this scam, or were affected:
- Do not give out bank account and payment information over the phone,
- Do not wire money to people you do not know,
- Do not give prepaid cards to people you do not know,
- Report the scam to the Federal Trade Commission (FTC), and
- Contact directly your utility provider directly about your account status.


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back to news
Riopele has received the Recognition of Suitability, which certifies its skills in the performance of R&D activities to create and produce fabrics for fashion and clothing collections.
This recognition obtained at the end of last year is valid for eight years. It allows Riopele to stand out from other textile manufacturers, being a differentiation factor that proves its competence and reliability regarding R&D activities.
Reinforcing its commitment to the highest market standards, Riopele continues to secures the necessary tools to deliver a textile service of excellence in the manufacturing of innovative fabrics.
The certification was awarded by the National Innovation Agency (ANI) and supported by FI Group Portugal, experts in R&D and innovation project management.


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Does the life of an animal mean nothing at all?
All over the world, animals are suffering needlessly in their billions and it’s only getting worse. We’re building a movement of animal protectors to end this cruelty
04 October 2019
International demand for Africa’s iconic wildlife is causing hundreds of thousands of animals immense suffering and putting their survival in jeopardy. Our report details the ‘Big 5’ and ‘Little 5’ animals at risk
03 October 2019
We’re working with travel booking platform Airbnb to create a new animal welfare policy. The company will now also offer more than 1,000 animal-friendly experiences
02 October 2019
We’re thrilled about the travel site’s announcement. It’s a significant step towards making this the last generation of dolphins and whales in captivity for entertainment


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CSIR scores with science patents
Cape Town - Science in South Africa has had a good year and the CSIR has secured 14 international technology patents.
This represents an increase of three over its target for 2010/2011 in the organisation's annual report made available to News24.
Part of the reason may be in the reorganisation of the CSIR.
"We have recently reorganised our activities into four competence areas and two special units, focussing on cyber infrastructure and we managed to attract very good leadership for those areas," Laurens Cloete, executive director of CSIR Meraka Institute told News24.
He said that the institute was not focussed on patents, but rather on development and support in internet and communications technology (ICT).
"In ICT we're not directly focussed as much on patenting, but certainly in biosciences and material sciences, it's a very important issue."
To support the growth of mobile technology in SA, Meraka recently launched mLab (Mobile Applications Laboratory for Southern Africa).
This programme will serve as an incubator for mobile developers and entrepreneurs and include providing logistic support like subsidised office space, mentoring and business intelligence.
"We have a very exciting initiative called the mLab SA for which the seed funding was provided by the World Bank. We launched the mLab a couple of weeks ago and we have a website where people can have a look," said Cloete.
SA has about 100% penetration of cellphones and Cloete said the time was right to deliver additional technologies to build on the infrastructure.
"We have very good mobile penetration [in SA]; what we need to do now, is create services and applications on top of that infrastructure and that availability.
"As everyone has mobile phones, it's becoming the computer for Africa, and the idea of the lab is to developers both with the technical issues and with the business issues.
"How do you develop an app; how do you monetise that; how do you get it into the different app stores? We are assisting the developers with that," Cloete said.
The institute provides a supporting role to South African developers to create applications that could grow the local industry.
"For instance we have a Nokia test bay where we've got all Nokia's latest handsets - even sometimes handsets that haven't been released to the public yet.
"We can give developers access to that and they can play around make sure the applications work across all the platforms," said Cloete.
He added that they were in negotiations with other industry players to give developers a wider pool of platforms
Technology research firm Gartner revealed that in the last quarter, Google's Android operating system has a 52.5% market share in smartphones, while Nokia leads in mobile phone sales, albeit with a declining market share of 23.9%.
"We're in discussions with all the other providers as well: Samsung, Google and so on," Cloete said.
He conceded that the institute was operating in what may be regarded as a private company competency, but emphasised that the CSIR was playing a supporting role.
"I largely agree that this is a private sector space, and we are working very closely with the private sector. But I want to make it clear on the mobile apps, this is to support private entrepreneurs. It's not as if we as the CSIR are doing it ourselves.
"We are doing it a little bit at arm's length; this is not in one of Meraka's research labs, this is based on the Innovation Hub which is a facility designed specifically for innovation and to support private sector companies."
- Follow Duncan on Twitter


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Who doesn’t love chocolate? That is why when I found out through SM that they were going to have a Chocolate Festival, I rushed to witness this special event.
The first ever Chocolate Festival (Artisanal Chocolate Fair) took place last February 13, 2019, at the 5th floor of SM CDO Downtown Premier. It was an event brought to us by The Department of Trade and Industry(DTI) of Northern Mindanao and SM CDO Downtown Premier.
Maxine Monasterio-Mejia hosted the event. The delicious cocktails were provided by Restaurant Damaso.
The participants of the event were some of the members of the Northern Mindanao Cacao Industry Council (NMCIC), Misamis Oriental Cacao Industry Development Association and Department of Science and Technology(DOST) Region 10.
According to DTI Misamis Oriental Provincial Director Almer R.Masillones; there are 23 exhibitors that would be on display for 4 days from February 13 to 16, 2019 showcasing Artisinal Chocolates.
She said; “These are local products done by skilled hands, expertly crafted from tradition. We have been looking for avenues to promote and strengthen the cacao industry of the region and DTI is committed to establishing a globally-competitive and sustainable cacao industry as envisioned in the 2016-2022 Philippine Cacao Industry Road Map. Through this, we need to mobilize all stakeholders for a concerted industry-wide development effort to produce 100,000 metric tons of dried fermented cacao beans by the year 2022 and be an active player in the global value chain and activity such this will solidifies partnership with big name markets like SM,thus creating marketing and promotional opportunities for our cacao industry players.”
When asked why the country is pushing for cacao production, NMCIC Chairman Francisco Calotes replied that there is a growing demand for cocoa products and the world may soon run out of chocolates.
And due to this increasing demand in chocolate and cocoa products, it is expected that there will be a cacao shortage come 2020. In our country, the local consumption is at least 50,000 metric tons per year and the local supply is only around 10,000 metric tons.
He also said that Mindanao cacao production comprises 90% of the country’s total production of which 80% of this is coming from the Davao region which has around 20,000 hectares of cacao farms. Northern Mindanao for its part, has pledged to produce 4,000 metric tons by 2022.
Mansillones further added that the region has taken small but great steps in the development of the cacao industry.
The region reported an investment generation of Php38 Million and will provide jobs to 685 farmers and processors. Northern Mindanao has around 400 SME’s and more or less 16 local enterprises involved in the cacao industry.
The event was also witnessed by SM CDO Downtown Premier Mall Manager Evangeline Ditona and SM PR, Ms. Ivy Guantero plus members of the media and blogger community.


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Just over a year ago, we launchedgames on Messenger and introduced the Instant Games platform to developers, enabling them to build customized gaming experiences for both Messenger and News Feed.
"I absolutely believe that the streaming community, the influencer community, will have the opportunity to see this as something they want to pick up on", Facebook's global director of games partnerships, Leo Olebe, told Venturebeat. To start the video users can press the "Start Live Video" button.
Livestreaming, new games and other new features are coming to Facebook Messenger soon, Facebook announced today. A new version of the physics game with unique features and modes created specifically for the chat app will launch in early 2018, followed by a few more titles like arcade-style adventure Sonic Jump by SEGA.
Disney Tsum Tsum, published by LINE and launching in 2018, will bring beloved Disney characters to Messenger as players collect, connect and pop Tsum Tsum based on the popular Disney Tsum Tsum plushes.
Facebook also announced that it is rolling out support for livestreaming Facebook Messenger games, starting today. While the company didn't give a ton of information about this new feature, it did sayWords With Friends would be the first game released for the service.
The feature, powered by Facebook Live, lets Messenger users broadcast their gameplay to their Facebook Page or profile. When it ends, friends and fans can watch the saved recording.
"We're so glad that people are embracing the fantastic experiences game developers are building for Instant Games", Facebook said in its announcement.
Another new feature coming to Messenger will be live-streaming of games.
Then there's also a video chat that allows you to play at the same time as seeing your friends and family too. Facebook said it will start testing the feature soon and will introduce the video chat tool early next year.
Fallen Kingdom's first trailer
Ian Malcolm in this preview and he offers a dire warning for humanity about our fate if we're not responsible with dinosaurs. There's also a nod to the original movie, with a quick shot revealing an old truck emblazoned with the Jurassic Park logo.
AeroVironment (AVAV) Issues FY18 Earnings Guidance
PEAK6 Investments L.P. owned about 0.15% of AeroVironment worth $1,897,000 at the end of the most recent reporting period. BidaskClub cut AeroVironment from a "buy" rating to a "hold" rating in a research note on Wednesday, August 16th.
THQ Nordic Reveal Teased for Game Awards
In addition to this, it's safe to expect details on the next expansion to The Legend of Zelda Breath of the Wild . The Game Awards 2017 will air live tonight, December 7, starting with the pre-show at 8:30 PM ET / 5:30 PM PT.


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April 03/2023: OPPO today announced the ColorOS 13 April 2023 adaptation plan Globally.
Just like the Autobots, we’re rolling out…
…our #ColorOS13 update timeline 📷
Save the dates! 📷 pic.twitter.com/YeF2gyhQHb
— ColorOS (@colorosglobal) April 3, 2023
Mar 31/2023: According to the latest report, today, ColorOS announced the Android 13-based ColorOS 13 April 2023 upgrade adaptation plan for the Chinese models. We will soon get the Global and Indian adaptation plan of ColorOS 13. You can check the complete details which are mentioned below.
ColorOS 13 April 2023 adaptation plan announced
- April 12, 2023: K9 Pro 5G
- April 21, 2023: K9x 5G, A55 5G, A55s 5G
The official version is pushed gradually, and the display time is the opening time of the official version, not the full release time. Users can click “Settings > Software Update > Settings icon in the upper right corner > Early adopters of upgrade”. Before applying for the official version, make sure that the phone has been upgraded to the specified version.


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The poor security of consumer Internet or Things (IoT) devices poses a threat to enterprise systems. Such products can connect to the networks of companies.
A research team from Stanford University and Avast Software performed antivirus scans on 83 million IoT devices in 16 million households worldwide. Many of these devices turned out to have very poor security, writes Venturebeat.
This includes devices such as computers, routers, mobile devices, voice assistants and security cameras. The researchers also looked at connected devices such as smart lamps and external storage. According to the study, there is at least one IoT device in more than one third of households worldwide. A quarter has three or more.
FTP and Telnet
According to the study, the most serious problems occur with devices that have been in use in households for many years. These include smart TVs, game consoles, printers, security cameras and routers supplied by the ISP.
Many of these devices use outdated FTP and Telnet protocols, with open and weak credentials. These protocols also led to the emergence of the Mirai botnet, which in 2016 took many large websites offline via DDoS attacks.
The researchers therefore warn that the dullest devices cause the most problems, not the new devices that get a lot of attention. “Our main concern is that products made by companies that do not understand network security properly and do not have this as a priority, connect to a network,” says Avast-CEO Ondrej Vlcek.
What can you do now?
The researchers hope that their findings will encourage companies such as Comcast, HP, Roku and PlayStation to do more to secure their products. This can solve a lot of problems, since 90% of appliances worldwide are manufactured by just 100 manufacturers.
Enterprises can now ensure that IoT devices on their network do not use outdated protocols such as Telnet or FTP. In addition, it is good to check whether the administrator interfaces have strong passwords.
It is also recommended to apply network segmentation, separating IoT devices from the important business subnets. In this way, the attack surface is reduced.This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.


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Book Aid is sad to announce our Warrington bookshop has closed after 10 years in the town.
We would like to thank all those who have donated and purchased books here over the years, which has helped to raise funds to support our overseas programme. Many shipping containers of Christian books and Bibles have been sent to Christian bookshops in Africa as a result.
The funds raised through the generosity of the owners Doug and Joy Wood, who so freely and willingly made the shop available to Book Aid, have made a difference across the world, as well as enabling people in the Warrington area to buy good quality secondhand books on their doorstep. Doug and Joy’s skill and knowledge of Christian literature meant that the stock was well suited to the needs of customers. It really has been a joy to work alongside them.
When they reluctantly stood down a couple of years ago Book Aid was thankful to firstly Pastor Stephen and then Ruth and Diane all of whom willingly gave their time and energy to keep the shop open on reduced opening hours for as long as possible.
Book Aid also wants to thank so many others who have given their time generously by volunteering in the shop over the years and we are sure that many people will be very disappointed now that the shop has closed.
We recently shared on our Facebok page that we were considering opening the London Bookshop on Saturdays. The responses we received were so positive that we have decided to open once a month in May, June and July before committing to opening on Saturdays more regularly.
These are the new Saturday opening times:
12th May 2018 – 10am – 3pm 16th June 2018 – 10am – 3pm 7th July 2018 – 10am – 3pm
Book Aid is very pleased to announce that plans are underway to reopen the Warrington Book Shop from October 2016. The shop will be managed by Pastor Stephen Holland and his team of volunteers. It will open on Mondays and Saturdays from 10-4. Stephen has spoken of his passion to see good Christian literature available on the UK high street.
Please pray that word will spread that Book Aid is opening again. We are thrilled that Joy and Doug Wood continue to make the premises available for the ministry which has played a significant part in raising funds to support Book Aid’s overseas ministry.
Book Aid is sad to have to announce the closure of their shop in Warrington. Joy and Doug Wood have run the shop since 2009 with the help of a committed team of volunteers, but as a result of recent health problems they are now unable to continue. Discussions are underway with other Christian retailers about the future of the Warrington building.
Book Aid has benefitted enormously from the commitment and knowledge of the Christian literature ministry Joy and Doug have brought to the Warrington shop during the last 8 years. As a book collecting point in the Merseyside area and as a retail shop raising funds to help send containers to our overseas partners their contribution has been significant. Their involvement will be sorely missed and we wish them every blessing for the future.
The Warrington Book Aid shop will close on 30 July 2016.
Book Aid is continuing to sell books in the UK from its 4 other shops in:


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Warner Bros. Consumer Products EMEA has secured a new multi-property deal with the homewares specialist Zak.
An extension to Zak’s existing US licensing partnership with the studio, the new pan-European deal will see Zak launch a range of lunch ware, dinner ware and beverage items.
It will span iconic brands such as Harry Potter, Batman – as the brand celebrates its 80th anniversary – and the popular sitcom Friends.
The ZAK collections will optimise many different finishes and features including foil prints, lenticular and 3D effects plus eco-friendly bamboo and recyclable materials. All products are BPA free and re-usable.
Key lines from the Autumn Winter 2019/2020 collections, targeting kids, teens and Millennials, are set to preview at Ambiente, Frankfurt (8-12February 2019) this week before launching at major retailers across Europe starting July 2019.
Chris Howard, head of licensing at Zak, said: "Warner Bros. Consumer Products’ rich portfolio is uniquely diverse and it provides our expert team with infinite inspiration to create product solutions for all consumers and their varying needs.
"We take huge pride in creating innovative, must have products and we look forward to launching these new lines that will embrace fun, wellbeing and emerging trends including growing demand for eco-friendly products."


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Saks Fifth Avenue has a growing appetite for real estate after years of pruning the fleet.
On Wednesday, Saks said it agreed to open a three-level, 107,000-square-foot store in Brickell City Centre in Miami, confirming a WWD report last May that it was keen on the site.
Meanwhile, Saks continues to actively negotiate for a site inside Brookfield Place in lower Manhattan, and plans to open seven stores in Canada, including two in Toronto, where Hudson’s Bay Co., the owner of Saks since last year, is headquartered.
“We are going to build a state-of-the art, fantastic Saks store,” Richard Baker, chairman and chief executive officer of HBC, said of the Miami site.
In Florida, Saks operates eight stores including two in Miami, in Bal Harbour Shops and the Dadeland Mall. Saks Fifth Avenue has 39 stores in the U.S., five international licensed stores and 78 Off 5th outlets.
It’s likely that Saks continues to close underperforming sites around the country over time, even as it eyes new locations. Saks has closed about 21 stores in the past decade, the most recent ones being in Dallas and Stamford, Conn. But it appears the tide has shifted toward openings.
“We have announced two so far in Canada. We have three other stores in progress, in Hawaii, Puerto Rico and Sarasota, Fla., and we have a lot of other great opportunities,” Baker said. “We don’t have any store closings planned.”
He’s considering up to seven openings in Canada. The Toronto sites include Queen Street, where Saks will carve out space in the Hudson’s Bay flagship, and Sherway Gardens.
Regarding the Miami store, which is slated to open in fall 2016, Marigay McKee, president of Saks Fifth Avenue, said: “In keeping with our strategy to take Saks Fifth Avenue to the single most fashionable and global shopping destination, we want to cater directly to our international clientele from this location. Brickell City Centre will provide access to the North and South American sophisticated and selective consumer in the internationally flavored Brickell neighborhood.”
Saks becomes the lead tenant in Brickell, a $1.05 billion, 5.4 million-square-foot mixed-use development under construction, which includes a 565,000-square-foot shopping center as well as office, residential, hotel, entertainment space and underground parking. The project will span 9.1 acres along South Miami Avenue between Sixth and Eighth Streets in the Brickell district of downtown Miami.
“Miami is a gateway for the international consumer and we know this buyer, understand their lifestyle and their demand for quality and luxury. We envision Brickell City Centre as the nexus of Miami’s cosmopolitan lifestyle and booming economic growth, and want to work with brands that are leaders in the luxury market,” said Stephen Owens, president of Swire Properties, which is developing the center. Whitman Family Development, developer of Bal Harbour Shops, is a partner in the project. Swire remains the primary developer, while Bal Harbour Shops has taken an equity stake and will bring its high-end retail expertise to help lease the shopping center.
“Bal Harbour Shops has a long and storied relationship with Saks Fifth Avenue,” said Matthew Whitman Lazenby, president and ceo of Whitman Family Development. “Saks’ continued growth in Miami is evidence of the continued demand for luxury retail in this market.”


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“Global economy is slowing down, the multilateral trade system is being questioned and is even being destroyed, therefore, in these circumstances when China is trying to open itself up and is holding a first imports exhibition, (…) we have a unique opportunity in such an environment and it would be unreasonable and unforgivable if we did not use that situation,” the president told the national radio LRT.
In Grybauskaitė’s words, China plans to import goods and services for 10 trillion US dollars over the next five years.
The Lithuanian president also said that her visit to China will not only be used to create exports opportunities for Lithuanian products, but Lithuania and China are also organizing a bilateral meeting and will discuss their potential cooperation in the area of financial services.
Bilateral cooperation, global trade issues and problems in the EU-Chinese cooperation will be discussed during a meeting with Chinese President Xi Jinping, the Lithuanian president said.
“We have separate issues related to the Lithuanian-Chinese bilateral cooperation, with our exports being the most important of them. We will also speak about cooperation between the EU and China. Here we will speak about an investment agreement which would be very beneficial for us if it was signed between the EU and China as it would protect our potential investments in China. Also, we are speaking about an EU-China free trade agreement which would be very beneficial for us as well,” Grybauskaitė said.
The meeting of the Lithuanian and Chinese leaders is scheduled for later on Monday.
Trade and political ties between the EU and China have gained new meaning recently amid tensions over the United States’ decision to introduce tariffs for foreign goods. China is calling on the EU to boost their ties and together fight against US President Donald Trump‘s tariff decision. Meanwhile, the EU wants China to lift discriminatory requirements for foreign companies and ensure protection of intellectual property.


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The latest results from now-privately-held Moss Bros saw it reporting a pre-tax loss for the year to last January. And the pandemic has been a problem since then, although its online sales have risen.
Burberry has become the latest British company to pay back government money it used during the Covid crisis last year. The company has reportedly repaid a £300 million Bank of England loan earlier than it needed to.
L'Oreal, the world's biggest cosmetics group, forecast a strong rebound in makeup sales when the COVID-19 pandemic gives way to a "roaring 20s" when people get dressed up and go out again to socialise.
An analyst thinks that after the pandemic is over, Ted Baker needs to reduce its reliance on the core categories that have proved a turn-off during the crisis and to make more casual categories a focus of its marketing.
UK shoe giant Clarks has filed its results for its year to February 2020 and the figures show just how much it was struggling even before the pandemic forced its stores to close and sent footwear demand plummeting.
The sportswear retailer has published its preliminary Q4 results, reporting a 21.9% rise in comparable sales, increasing its quarterly earnings predictions, and providing a first look at its guidance for the new year.
Opening Ceremony may have closed down its destination boutique in Soho last spring, but the brand is very much alive and kicking, as the latest collection from its founders – Carol Lim and Humberto Leon - trumpets.
The French online event sales group has reportedly generated a revenue of nearly €700 million in 2020, well up from the €616 million reached in 2019, notably thanks to Q4 results that exceeded expectations.
Manchester-based Boohoo Group is seeking to expand its office presence in London following recent acquisitions of the online business of London-based Debenhams and Arcadia labels Dorothy Perkins, Wallis and Burton.


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Cheap Monday today announced that it will take more proactive steps towards driving change focussed around the issues of sustainability by introducing the C/O Cheap Monday project.
The project (pronounced “Care of Cheap Monday”) will effectively form the umbrella under which the brand will ignite consumer-facing initiatives around sustainability.
Sustainability and the surrounding issues are of paramount importance to the Swedish brand that creates bold, modern jeanswear. C/O Cheap Monday is a natural and progressive way for the brand to step towards a more sustainable and better future.
This spring, C/O Cheap Monday recycling bins will be installed in the Cheap Monday stores in London, Copenhagen, Paris, Beijing and Shenyang. Consumers will be able to deposit their old and unwanted clothing in the bins provided inside the stores, regardless of brand, quality or condition. Through this collection scheme Cheap Monday aims to help reduce textile waste and raise awareness of the tonnes of unwanted clothes committed to landfill each year.
Words by Joe Brine


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Although it seems clear that none of the entertainment software giants wants to be the first to make the leap to virtual reality (among other things because there is no final hardware available), it seems that everyone, to a greater or lesser extent, is conducting tests and experiments. EA confirms that it has some of its games running internally in virtual reality. They should do like in Alien Isolation and let us play too, right?
We already commented a year ago that the Frostbite engine was being adapted to the Oculus Rift, and it seems that the fruits are coming. In an interview with Gamespot, EA claims to be very excited about the potential of Oculus Rift and Project Morpheus, but they are clear that there has to be a large player base before they decide to port any of their sagas to virtual reality. The saying of the chicken and the egg is more current than ever, but it seems clear that the hardware will have to be the first to arrive.
Blake Jorgensen, CFO of EA, claims that they are already experimenting with virtual reality. In fact, several of its games already work on virtual reality devices internally. “It’s very exciting; the challenge we have before people who suffer from dizziness, it’s very complicated. I have seen that some people had to take off their HMD in just 30 seconds because… it’s too immersive. It’s an incredible experience and I think there’s a great opportunity, but there are certain steps that have to be taken so that people can enjoy it without getting dizzy right away.” According to Jorgensen, EA will support all relevant platforms, and just as they do today with consoles, mobiles and PC, when the time comes they will be able to add virtual reality to this list.
“If virtual reality takes off, either independently or as part of some other platform, we will be there to build games. If you take a look at our catalog, you will see that they are very appropriate for virtual reality because we create huge and immersive worlds in which people play. And obviously it would take more technology to take advantage of them one hundred percent. It’s similar to shooting a 3D movie versus a 2D movie, but we’re confident we’ll get there and keep experimenting.”


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For several months now, the French face a terrible inflation that is rampant throughout France. And the least we can say is that the State is putting in place many helpers to help them.
A terrible period of inflation
Because of the war in Ukraine, the country is experiencing a terrible rise in prices. The latter undermines the daily lives of many French. Many households are struggling to make ends meet because of relentless increases.
Food, transport or fuel, the rise in prices affects all sectors. Several French people are also finding it increasingly difficult to get to work. And for good reason, the fuel is too expensive.
Some have also admitted that they were thinking of taking out a loan to be able to afford fuel. One thing is certain, things are not getting better. And for good reason, l’inflation has still not ended in this summer period.
To help the French, the State has also decided to set up new aid. The latter concerns the maximum bonus for the purchase of an electric bicycle. Indeed, if you have the opportunity to go to work by bike, now is the time to take advantage of it.
From Monday, the state will increase aid for the purchase of an electric bicycle. People with disabilities or with low incomes will have entitled to an additional amount. In any case, this was revealed by a decree published Saturday in the Official Journal.
The increase in aid for the purchase of an electric bicycle
Now the maximum bonus of a electric bike will go from 200 to 300 euros. But that’s not all. Note that this aid will no longer be subject to conditioning by a local authority.
To take advantage of this aid, you must also have a taxable income per share, less than 13,489 euros. But that’s not all. Several French people will be entitled to an increase depending on their situation.
People who suffer from a handicap and those who have taxable income less than or equal to 6,300 euros, will have an increase. At that time, this aid may go up to 400 euros depending on the case. But that’s not all.
The aid will also be higher for buying a cargo bike, a folding bike or an electric bike trailer. As our confidants from MoneyVox indicate, the “the maximum bonus that can be granted to them will increase to 2,000 euros”.
And this, “against 1,000 euros for the other beneficiaries of the aid”. Before adding: “For all other types of bicycles, they will be entitled to aid of an amount equivalent to 40% of purchase price. Up to 150 euros ».
“The maximum amount of the conversion bonus raised to €3,000”
Finally, our colleagues from MoneyVox have announced another good news. “People with disabilities or low incomes who wish to get rid of a polluting vehicle to buy an electric bicycle, the maximum amount of the premium for conversion is increased to 3,000 euros”.
“Compared to 1,500 euros for the other beneficiaries of the aid. The conversion bonus will also be accessible to several members of the same tax household. And this at from January 1, 2023« .
One thing is certain, this aid will make life easier for many French people. And for good reason, those who hesitate to take the plunge will have one more reason to buy an electric bike from the start. back to school next.
This will also allow them to make big savings at the fuel level. Now is the time to take advantage of this state aid!


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A new report published by the Business Development Bank of Canada (BDC) states that women make up 28 per cent of all entrepreneurs in the country. According to the study, this number is also growing rapidly – 3.1 times faster than it is for male entrepreneurs.
In addition to this, the report further states that the total number of women entrepreneurs in the country has grown four what it was in 1976, when only 11 percent of entrepreneurs in the country were women.
“The Changing Face of Canadian Entrepreneurship”, as the study is called, was published last Tuesday, in celebration of the sixth edition of Women’s Entrepreneurship Day. As per its findings, 2018 saw 44,700 Canadians launch their own businesses, the highest figure recorded by BDC in the last 10 years. Out of this, 39 percent of the entrepreneurs were women.
BDC is a Government operated corporation based in Montreal, aimed at helping “create and develop Canadian businesses through financing, growth, and transition capital, venture capital and advisory services, with a focus on small and medium-sized enterprises.”
One of the more insightful observations found in the study was that women entrepreneurs are not very motivated by monetary goals. In fact, as much as 64 percent of women surveyed stated that their goal was, instead, to someday become their own boss. On the other hand, 59 percent of them stated that they set up their business ventures in order to pursue their passion, while, 30 percent of the respondents said that they were driven by their desire to create a positive impact on the society.
Laura Didyk, vice-president and national lead of women entrepreneurs for BDC, said, “Entrepreneurship is on the rise and women are driving most of that activity.”
Having made a promise in 2018 to lend $1.4 billion to women-driven businesses by 2021, BDC stated that the corporation has already doubled the number of women entrepreneurs it finances, over the duration of the last three years.
The Crown Corporation also referenced a new study published by the Boston Consulting Group which had projected that an equal number of women and men entrepreneurs would help grow the world GDP by $5 trillion, and Canada’s GDP by $80 billion.


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KARACHI: Pakistan along with other Economic Cooperation Organisation (ECO) nations has ratified International Transport Convention (TIR), which allows cargo movement within the bloc without being checked and inspected by customs and other authorities of member countries.
At a press conference on Tuesday, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Mohammad Adrees said the ratification will come into effect from next year.
The convention was ratified in a recent meeting of ECO Chamber of Commerce and Industry (ECO-CCI) held in Ankara, Turkey.
The ratification will mainly benefit landlocked countries which are dependent on other countries for the movement of imports and exports, said Mr Adrees, who also holds the top slot of ECO-CCI and Developing-8 countries.
He said that currently the ECO-CCI have two challenges implementing ECO Trade Agreement and forming a customs union of the member countries. Moreover, work on investment treaties is also ongoing, he added.
The ECO chamber is in contact with all the member CCIs for early implementation of trade agreements, he said, but acknowledged that cooperation between the members is very slow due to bureaucratic snags.
Without elaborating, the FPCCI chief said that during the ECO-CCI’s executive committee and general assembly meetings held in Ankara, the performance of the ECO chamber was reviewed and members expressed their full satisfaction over the achievements.
He said the ECO bloc, comprising six per cent of world population and 26pc of Muslim population, is gaining strength and implementation of ECO trade agreement would help member countries expand their import and export volume.
The Pakistani delegation at the Ankara meeting also highlighted the importance of Gwadar port which could be used by all the landlocked Central Asian countries and Afghanistan, particularly after the ratification of TIR, he said. Similarly, the China-Pakistan Economic Corridor also attracted the attention of ECO member states, he added.
During the meeting, member countries proposed ECO-CCI’s own business rating programme and decided to set up an arbitration centre so that issues related to trade could be sorted out amicably.
Courtesy : Dawn News


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The call comes as the country faces what is being dubbed a 'ping-demic' - a reference to receiving a 'ping' from the health service's Covid app notifying people they should isolate - after most lockdown restrictions were lifted on July 19, reports London's Air Cargo News.
The lifting of restrictions came just as case numbers were beginning to increase, causing the number of people needing to isolate to rise. This has had an impact on many sectors, forcing some businesses to temporarily close and supermarkets noting limitations on some products.
Logistics, in particular warehouse operations, is one sector that has been hit.
Elizabeth de Jong, policy director at Logistics UK, said: 'Many of our workers operate in isolation and the risk of infection passing between them is very low - however, for those in warehouses and distribution centres, the risk is higher.
'Having deemed logistics a 'key' industry at the start of the pandemic, the government should be maintaining this designation and providing a blanket exemption for the industry.
'Those with two vaccinations and recording negative test results should be allowed to continue to work. This will provide resilience for the UK's supply chain and prevent unnecessary administration time being wasted.'
There is a proposed scheme that could allow some to apply for an exemption, but Logistics UK said applying for the scheme was complex.
Ms De Jong said: 'The proposed process to apply for exemption from isolation, following notifications from the NHS app, appears time consuming, and will not help logistics businesses which are already working at full stretch to keep the country supplied with all that it needs. We are talking to government about streamlining this process right now to protect the integrity of the supply chain.'


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New York — Consumer choices and corporate cost savings were the two primary reasons cited today by XM and Sirius Satellite Radio execs for the proposed merger of the two companies; however, the merger will create several technical and programming issues that need to be overcome.
The deal, expected to close later this year if shareholder and federal approval is received, will create a $13 billion company, said Mel Karmazin, Sirius’ CEO, and proposed CEO of the new — as yet unnamed — company, and could generate between $3 billion and $7 billion in savings. The merger creates a company of 14 million subscribers and $1.5 billion in revenues based on analyst estimates.
XM chairman Gary Parsons, who will hold the same position with the new company, said these savings would be used to help grow the business and offset the significant fixed costs and accumulated debts that XM and Sirius must pay off. XM CEO Hugh Panero will continue in his current position until the deal is finalized. Panero did not participate in the conference call announcing the merger, but he was praised by Parsons for his work.
Each company will continue to operate independently until the deal is finalized with a particular emphasis being placed on developing radios that will receive both transmissions. A time frame for the completion of these products is not known. The companies will spend the coming months figuring out how to combine their respective exclusive programming.
“The benefit for subscribers is offering the best content from both companies,” Karmazin said, adding the combined company will be better positioned to compete against iPods, HD Radio and other upcoming audio technologies.
However, no details were given on what Parsons or Karmazin expect to have available if the deal is closed.
Consumers will have the opportunity to ‘pick and choose the channels and content they want on a more a la carte basis.’ The merger will also create improved products such as real-time traffic and rear-seat video, they said.
A combined company will be more attractive to advertisers, Parsons said, pointing out that XM and Sirius barely scratched the surface when it comes to selling commercials. He said the AM/FM radio market was $20 billion in 2006 of which only $70 million went to XM and Sirius.
Parsons and Karmazin were confident the merger would be approved by the FCC.
The FCC said in the past that it would examine any merger proposals from XM and Sirius. FCC chairman Kevin Martin acknowledged earlier this year that there exists a prohibition on one company owning both satellite radio licenses, although analysts have noted that XM and Sirius could ask the FCC to modify their licenses to permit a merger.
“Both companies did their homework on this issue,” Karmazin said.


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I62 backers have collectively pumped in US$105,222 into its campaign as of this article’s publishing date. Igloohome’s initial target was to raise US$50,000. The company said that the campaign was 150 per cent funded within the first hour of launch.
The Smart Padlock allows property owners to grant access to outsiders via two options: PIN codes or Bluetooth keys.
Users who wish to unlock the Smart Padlock via the PIN code option do not have to download an app to receive time-sensitive access codes. Instead, property owners can send them the codes via text, email or Facebook messenger. Once received, users can use codes to unlock padlock. No registration, downloads, or connection to the internet is required — similar to bank or RSA tokens.
The PIN codes have four settings: recurring, duration, one-time, and permanent.
For the Bluetooth option, users have to download the igloohome app and receive a Bluetooth key from the property owners. Once that is done, they can unlock the lock on their apps, which opens the physical lock.
The Smart Padlock also comes installed with a number of other features and functions such as access logs, relock reminders, security alarms, emergency jumpstarts and a LED Status Indicator.
Also Read: How Igloohome co-founder Anthony Chow turned a ‘hack’ for his Airbnb home into a business
For businesses, they can pay an additional fee to access a dashboard option so they can manage a large number of Smart Padlocks on a centralised platform. This would allow speed up business operations, for example, because staff would no longer need to physically pass keys between one another or even own physical keys if they want to access certain secure facilities.
igloohome has established partnerships with home leasing platforms such as Airbnb and HomeAway, as well as leading property developers such as Sansiri, CapitaLand and Mitsubishi. Its products are available in over 90 countries.
In April this year, igloohome secured a US$4 million Series A funding round led by Insignia Ventures Partners.
Image Credit: igloohome
The post Singapore’s igloohome hits 210% of crowdfunding goal for its Smart Padlock appeared first on Tech News.


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DuctSox Corp. named Hoffman and Hoffman Inc. its 2015 Representative of the Year and a top sales firm award during a Jan. 25 ceremony at the AHR Expo in Orlando, Florida.
This year’s award was attributed to the use of DuctSox products at several large industrial textile plants, plus several commercial and higher education projects, according to H&H President Rusty Hoffman.
The company also won DuctSox’s Rep of the Year in 2006 for DuctSox’s highest sales volume.
“We work directly with the specifying engineers, installing contractors and facility managers as we oversee DuctSox projects from inception and design to assuring the end user is satisfied,” said Hoffman.
H&H also recorded the highest sales volume for SkeleCore, DuctSox’s in-duct cylindrical tensioning system product that maintains an inflated, wrinkle-free appearance for fabric duct air dispersion systems.
“H&H is a model rep organization for DuctSox in terms of selling strategies, ease of doing business and overall acceptance of our continual introductions of new product developments,” said Mitch Kelly, regional sales manager at DuctSox.
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When Jay-Z sells his shares in the Brooklyn Nets, he’ll finally be able to expand into his new business venture to become a basketball agent. The husband of Beyonce is looking to get certification as an agent from the National Basketball Players Association, but the only way he can do that is by selling his less than 1 percent stake in the Nets.
Yahoo Sports is reporting that Jay-Z’s plan is to extend his Roc Nations Sports representation business, which currently only focuses on baseball, into basketball. Roc recently partnered with CAA to launch the business, and even landed New York Yankees star Robinson Cano. The plan is to have the process of selling the Nets shares done so Jay-Z can be involved in the June NBA draft, however sources tell Yahoo that the timing isn’t guaranteed.
“[Jay-Z isn’t] chasing a clock on this,” the source says. “This isn’t about one draft, but taking the long view of the business.”
Jay-Z will reportedly let Roc’s basketball agents handle day-to-day business and contract negotiations, but his involvement in the agency is expected to bolster is presence and attract big names.


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U.S. Travel Association Reveals International Travel On The Decline
The organization is calling for a renewal of funding for Brand USA
The latest data from a key travel industry group paints a worrisome picture for the months ahead—particularly when it comes to international travel.
Last week, the U.S. Travel Association revealed in its Travel Trends Index that June was the worst month for travel to and within the U.S. since September 2018 and that international travel had contracted over a six-month period for the first time since 2015. While domestic leisure travel continued to grow, international inbound travel dragged down the overall numbers.
The index uses a 100-point scale. A rating above 50 signifies growth. If the index hovers around 50, the industry is stagnant, and if it falls below 50, the industry is contracting. The overall index in June was 51.2, and it is forecast to fall to 50.9 percent six months from now; for international travel alone, June’s index was 49.6, with a six-month forecast of 49.9.
Please select this link to read the complete article from Associations Now.


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Vietnamese electric automaker VinFast set pricing for a battery-lease program and introduced a partnership with Electrify America for fast-charging on its national network.
VinFast, which started making gasoline cars in 2019 and delivered its first EV last year, is showing three electric crossovers at the New York auto show. The automaker is targeting initial sales of the midsize VF 8 two-row crossover and the larger VF 9 three-row crossover in the U.S. by the end of the year.
The young automaker is introducing a battery-lease model in the U.S. to make its vehicles more accessible. VinFast will sell vehicles without the battery pack included in the price, and then lease the battery for a monthly fee based on miles traveled.
For drivers who don't rack up a lot of miles, VinFast is offering a flexible plan with a monthly subscription of $35 for the VF 8 and $44 for the VF 9. The price includes 310 miles of use each month. After that limit is reached, VinFast will charge 11 cents per extra mile for the VF 8 and 15 cents for the VF 9.
For unlimited miles, a fixed lease plan will cost $110 per month for the VF 8 and $160 per month for the VF 9. To encourage consumer orders this year, VinFast will freeze the monthly cost of the fixed plan over the vehicle's lifetime and the fixed price will transfer to a new owner, the automaker said.


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Summit Electric starts Gonzales construction
GONZALES, La. - Summit Electric Supply has begun construction on a new facility in Gonzales.
The facility will include 50,000 square feet of warehouse space - nearly twice the capacity of Summit's current Gonzales location.
The move also allows Summit to expand its counter sales area, offer additional customer service support and broaden its scope of work.
Summit has serviced residential, commercial and industrial contractors in the Gonzales area since January 2003.
Summit Electric Supply is a privately held, independent electrical distributor headquartered in Albuquerque, New Mexico.
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The cost to make deviled eggs is sky high, and other ways inflation impacts you
A primer on the ins-and-outs of inflation
Inflation is currently 7.75 percent in the U.S. and 10.6 percent in Georgia, and folks are feeling it. Whether you’re grocery shopping, apartment or house hunting, looking for a new car, or staring at your power bill, you are likely experiencing the rising cost of living.
But for something that’s so impactful on so many, it’s not so well understood. Some people blame inflation on the President, or on Congress. Others blame it on Russia, or even Gov. Kemp. The Federal Reserve raising interest rates seems to be the fix, but that’s bitter medicine, especially for those pursuing loans or carrying credit card debt.
We can’t promise inflation won’t crimp your budget into next year, but we’re offering a quick lesson on inflation and how it works.
So what is Inflation?
Inflation is the gradual increase over time in the price of goods and services throughout the economy. To measure it, economists compare the prices we pay today to what we paid in the past.
The rate of inflation is the percentage change in the price of goods and services throughout the economy. The Bureau of Labor Statistics (BLS) collects data on the costs of some 80,000 goods in mainly urban areas, where most Americans live, to come up with the Consumer Price Index (CPI), which measures the changes in prices paid by consumers over time for everything from food to transportation to healthcare.
For example, turkey prices this year are up 17% nationally over the same time last year, according to the BLS, which tracks prices of everyday items. The good news is that while Georgians will pay more for their turkeys, they likely won’t be hit with a full 17% increase due to Thanksgiving specials and price promotions offered by local retailers.
But eggs are a different story. The cost of a dozen eggs in the South last month was a whopping $3.12, up from an average of $1.63 in October 2021, according to the BLS.
An inflation rate of 2 percent is what federal monetary experts aim for to encourage maximum employment and price stability. This past summer, the U.S. inflation rate was more than quadruple that — at 9.1 percent Most economists expect it to fall steadily throughout 2023, and to reach about 3 percent by next fall.
What causes inflation?
Competing factors in the global economy influence inflation, and not everyone agrees on which ones matter most. But economists generally agree that it’s a function of supply and demand, and that there are two types of inflation:
- Demand-Pull Inflation occurs when there’s an increase in demand for goods and services but not a sufficient increase in supply. Businesses can’t increase their production quickly enough to meet the demand, and they raise prices. This kind of inflation often happens when unemployment rates are low and wages are high.
- Cost-Push Inflation occurs when there’s an increase in production costs for businesses. This may lead to decrease in total supply and a resulting increase in prices. This kind of inflation often occurs when the price of oil or other raw materials increase, making manufacturing operations more expensive. It can also be due to factors like natural disasters or major world events, such as the COVID-19 pandemic or the war in Ukraine, that disrupt supply chains and reduce the amount of goods available.
What can the government, and you, do about inflation?
The federal government has the most direct impact on inflation in the U.S. through its monetary policies. Its primary lever to curb inflation is to raise interest rates. When the Federal Reserve, America’s central banking system, increases interest rates (as it has six times this year), it makes it more expensive for consumers and businesses to borrow money. So people spend less, reducing demand. As demand drops, supply chains can catch up on production of goods and services, which in turn leads to a drop in prices.
The Federal Reserve can also reduce the amount of money in circulation, which lowers inflation.
Congress and federal agencies can also reduce inflation by raising taxes and investing in infrastructure — roads, bridges, ports, railroads, energy grids — and workforce development to improve supply chains and skilled labor needed to increase production of goods and services.
As for state governments, they don’t control interest rates, but they can have some impact, positive and negative, on inflation through budgetary and policy moves.
Cutting taxes and offering tax rebates and gas tax holidays, while popular with many state governors, won’t reduce and will likely exacerbate inflation, say some economists. These tax breaks bring short-term relief, putting more money in the hands of consumers, which in turn increases spending, further reduces supply, and drives up inflation.
As with the federal government, states that invest in the supply chain side of things can help keep goods and services flowing.
For example, in Georgia, recent investments by both the state and federal governments in the recent $1 billion deepening of the Port of Savannah and improvements in shipping container capacity at the port are improving the supply chain bottlenecks there, allowing more ships, containers, trucks and goods to pass through the port into warehouses and onto trucks, helping them to arrive at their final destinations more quickly and efficiently. In the long run, this increase in supply chain capacity reduces inflation.
Consumers can help themselves by taking a hard look at their monthly spending habits, says Tom Smith, professor of finance at Emory University’s Goizueta Business School.
“I think most people don’t even know what they’re spending on each month,” he says. “Take a look at your cable or streaming subscriptions — how many do you really need? Are you still paying for a fitness club you never go to? Look at all the online content behind paywalls that you signed up for, like news sites that offered $1 introductory subscriptions that now cost $9 a month, and decide what you can do without.”
Other money-saving moves Smith recommends are shopping at lower-cost grocery stores like Aldi and Lidl, making your own coffee and sandwiches instead of buying them retail, cutting off nice-to-have services like landscapers and house cleaners, and putting off any big purchases like cars, large appliances or homes while prices and interest rates are so high. And if you currently have credit card debt, pay down as much as you can as fast as you can, “because with interest rates going up, that kind of debt just saps money away from you,” he says.
Join the Conversation
We’d love to hear your inflation stories. Share your thoughts/tips by emailing: [email protected]
Or join the conversation on Twitter at @StateAffairsGA, Facebook @STATEAFFAIRSUS or LinkedIn @STATEAFFAIRS
“Georgia Votes: Inflation remains top of mind for Georgians,” https://stateaffairs.com/ga/georgia-votes-inflation-remains-top-of-mind-for-georgians/
“Georgia Votes: Inflation remains top of mind for Georgians (pt. 2) https://stateaffairs.com/ga/georgia-votes-inflation-remains-top-of-mind-for-georgians-pt-2/
“Can we take the gas out of inflation in Georgia?” https://stateaffairs.com/ga/can-we-take-the-gas-out-of-inflation-in-georgia/
Header: More city dwellers are trying their hand at raising chickens. Adam Cabe of Dallas, GA enjoys maintaining his small backyard chicken coop to feed his family and friends. (Credit: Anna Reese)
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Nike Inc. (NYSE: NKE) reported fiscal first quarter 2013 diluted earnings per share (EPS) of $1.23 on revenue of $6.67 billion. In the same period a year ago, the sporting goods maker reported diluted EPS of $1.36 on revenue of $6.08 billion. First-quarter results compare to the Thomson Reuters consensus estimates for EPS of $1.12 and $6.41 billion in revenue.
The company also said that pro-forma EPS, excluding the results of two recent divestments, would have totaled $1.27.
Nike's president/CEO said:
We had a strong first quarter and a great start to the fiscal year. NIKE, Inc. delivered an amazing array of innovation across some of the biggest moments in sport. We'll continue to make strategic investments across our portfolio of businesses to capture our full potential over the long term and drive shareholder value.
The company did not offer guidance, but did say that worldwide future orders at the end of the first quarter for delivery between September 2012 and January 2013 totaled $8.9 billion, up 6% from the same period a year ago. Ignoring the currency exchange rate, orders are up 8%.
Gross margins fell by 80 basis points to 43.5%, benefiting from "pricing actions and product cost reduction initiatives, however, this was more than offset by higher input costs, primarily materials and labor." Selling and administrative expenses also rose at a faster clip than revenue, much of the increase due to advertising during the Olympic Games and the European Football Championships.
Nike announced a new 4-year, $8 billion share repurchase program last week. The company's previous 4-year, $5 billion buyback program ended during the current quarter.
Nike's shares are down about 3.8% in after-hours trading, at $92.25, after closing today at $96.00. The 52-week range is $81.01 to $114.81. Thomson Reuters had a consensus analyst price target of $106.07 before today's report.
Filed under: 24/7 Wall St. Wire, Consumer Goods, Earnings Tagged: featured, NKE


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As part of its restructuring, Japan Exchange Group (JPX) will establish a new subsidiary, JPX Market Innovation and Research.
The new subsidiary, which has a tentative commencement data of 1 April 2022, will provide data and index services related to financial instruments markets and system-related services, along with other business related to the operation of financial instruments exchange markets.
JPX will leverage IT innovations and new partnerships to diversify and update data and index services.
Under its third medium-term management plan, JPX is also set to evolve into a ‘smart’ exchange, which would allow anyone to trade any product in a secure and easy way.
By strengthening digital and network-related businesses using data and technologies, major exchange groups abroad are increasing the diversification of their businesses and advancing the sophistication of their services.
Japan is also seeing changes in the external market environment proceed rapidly, including attempts to create a market that uses new digital technologies such as blockchain, which is distinct from more traditional financial and capital market frameworks.
As a means of responding to these external changes, JPX said in a statement that it needs to aim for flexible and mobile business development through M&As and leveraging highly-skilled human resources, while fostering a new culture that is not constrained by the traditional “exchange” framework.
“Alongside our commitment to stable market operation by our exchanges, self-regulatory organisation and clearing organisation, the entire JPX Group, led by the new company, will pursue the creation of market services that will improve the functionality and efficiency of the whole market, thereby exercising its function of underpinning the sustainable growth of Japan’s economy as a core infrastructure of the financial and capital market,” JPX said in a statement.


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The Highly anticipated PSVR game, Golem, finally has a release date! The game is slated to release digitally worldwide on November 12th 2019! As I have previously covered, There will also be a physical release of Golem being published by Perp Games. Typically these physical versions come out about a month after the digital release but for Golem, it looks like lovers of physical media might get to play the game a few days early as the launch is slated for November 8th! Now there might be a delay on that launch date but that is what the current plan is. Pre-orders for the physical edition are currently available at GameStop with other major retailers to follow soon.
Golem has easily been one of my most hotly anticipated VR titles to date and I can’t wait to finally play it next month. Shoot let’s be honest here I can’t wait to hear new music from Marty O’Donnell either! It is hard to believe that it has been nearly four years since the game was officially announced at PlayStation Experience 2015. I know the wait will be worth it!
Are you excited for Golem to release?


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A new version 0.9 of CAD Assistant is available for download.
OPEN CASCADE is pleased to announce the first public release of CADRays application.
New free OPEN CASCADE application is coming soon, a home page with detailed information is already available.
A Capgemini Group Company
Copyright © 2017 OPEN CASCADE SAS


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Beef And Lamb Prices
Sir, - Farmers are receiving the lowest prices in modern history for their lamb and beef. They are selling beef at 72p per lb, yet consumers are being asked to pay three times that amount in the shops. Similarly, farmers are selling lamb at £1 per lb while highstreet shoppers are being asked to pay up to four times that amount.
Why has the fall in the price of lamb and beef not been passed on to the consumer? Who are the middlemen making enormous profit at a time when Irish farmers are receiving so little for their produce?
Consumer organisations in Ireland need to be vigilant on this matter. Explanations are needed because consumers are simply not getting a fair deal.-Yours, etc., Niall Andrews,
European Parliament Office,


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The registered unemployment rate in Chinese cities stood at 4.02 percent at the end of 2016, down from 4.04 percent three months earlier.
China created 13.14 million new jobs for urban residents last year, exceeding the official target, Lu Aihong, an official with the Ministry of Human Resources and Social Security, told a press conference on Monday.
The government has pledged to keep the whole-year registered unemployment rate below 4.5 percent and create at least 10 million jobs in 2016.
Baidu has hired former Microsoft executive and artificial intelligence expert Lu Qi as president and chief operating officer to help the Chinese search engine tap emerging technologies.
The heads of Baidu's technology, financial services and search units will all report to Lu as Baidu aims for a strong management team to drive the next phase of growth, the company said yesterday.
"To achieve our goals, especially in artificial intelligence, which is a key strategic focus for the next decade, we will need to continue attracting the best global talent," Baidu Chairman and founder Robin Li said in a statement.
Lu's appointment, with immediate effect, came a day after Baidu opened an augmented reality lab and followed an announcement in September of a US$200 million venture fund for emerging technologies.
German automaker Volkswagen plans to provide more than 400,000 new energy cars for the Chinese market by 2020, according to Professor Jochem Heizmann, CEO of Volkswagen Group China, Monday.
According to the plan, the number will increase to 1.5 million by 2025.
The company announced earlier that it would introduce 15 models of new energy vehicles in China in the next three or four years, to address the environmental protection needs of the Chinese market, as well as 10 models worldwide in the next decade.
New energy vehicles sales of the company are expected to reach 2 million to 3 million in 2025, 20 to 25 percent of its total sales.
China is Volkswagen's largest market. Volkswagen Group China and its two joint ventures delivered 3.98 million automobiles to the Chinese mainland and Hong Kong in 2016, up 12.2 percent year on year.
With this year's "Chunyun," the name given for the travel rush around Spring Festival, starting from Jan 13, some parcel deliverymen have returned to their hometowns to celebrate China's most important family holiday.
Courier companies, including SF Express, YTO Express and TTK Express, though have claimed that delivery and pickup will be normal during the Spring Festival holiday in response to the "No rest for the whole year" policy of the State Post Bureau.
However, due to the shortage of employees, some service stations will stop parcel pickup.
A deliveryman of YTO Express Beijing said that from Jan 15 parcels sent to other provinces will not be picked up, while Jan 20 is the deadline for parcels dispatched to be collected in the same city.
An employee of TTK Express said that parcel pickup will stop one week before the Spring Festival, china.org.cn reported.
Spring Festival, which falls on Jan 28 this year, is China's most important family holiday, with hundreds of millions heading for their hometowns to reunite with relatives and friends. It is expected to leave online shopping sites short-handed due to the exodus of workers.
Domestic express delivery services are getting a business boost from the explosive growth of e-commerce.
China's burgeoning courier service sector is predicted to generate 500 billion yuan ($72 billion) in business revenue this year, said Ma Junsheng, head of State Post Bureau. More than 40 billion express parcels will be sent in 2017, he added.
Baofeng Group Co Ltd, a Beijing-based internet entertainment and video company, announced on Thursday that it has established Baofeng New Culture Co Ltd to expand its business in culture, tourism and virtual reality, or VR.
Baofeng New culture will focus on intellectual property, or IP, investment, project incubation and operations in the fields of culture and tourism.
Working with Chongqing municipal government, the company will launch a 200-million-yuan ($29 million) fund, which will be invested in digital industry, VR content and innovation, VR experience centers and related projects.
Feng Xin, chief executive officer of Baofeng Group, said he took a rosy view of future integration between VR and the culture industry.
"In the wave of high-tech, the cultural upgrading will create richer forms of cultural tourism. And VR will play a key role in the development of cultural tourism," Feng said.
The new company will integrate artificial intelligence, the internet of things, big data, cloud computing and other technologies to develop local cultural and historical IP.
Connecting tourists, brand owners and local tourist sites, the company aims to build a cultural geographic digital system. And the online platforms' experiences will boost offline consumption.
In 2016, the VR industry is moving forward rapidly; tech giants, including Google, Facebook, HTC, Samsung, Huawei and Xiaomi all cultivated VR hardware.
According to industry consultancy iResearch Consulting Group, China's VR market revenues are expected to top 5.6 billion yuan last year, and will reach 55 billion yuan by 2020.
In 2016, Baofeng Group's revenue in the VR sector reached around 20 million yuan, Feng said at the end of December.
Hon Hai Precision Industry Co, the manufacturer of Apple Inc's iPhones, posted its first annual revenue decline since 1991, as it wrestled with a saturating global smartphone market.
The Taiwan-based firm said on Tuesday it recorded NT$4.36 trillion ($137 billion) in revenue in 2016, down 2.81 percent from a year earlier, after its biggest client Apple saw slowing iPhones sales.
Founded in 1974 by business tycoon Terry Gou, Hon Hai, also known as Foxconn Technology Group, is the world's largest contract manufacturer of consumer electronics. Apple accounts for half of its business.
James Yan, research director at Counterpoint Technology Market Research, said smartphone vendors and their supply chain partners are under big pressure as the global smartphone market slows down.
"Hon Hai's heavy reliance on Apple makes it extremely vulnerable to a single client's sales performance," Yan said.
Terry Gou, founder and chairman of Foxconn Technology Group.
In 2016, the global smartphone market was expected to grow by 0.6 percent year-on-year, far lower than the 10.4 percent growth rate in 2015, research firm International Data Corp estimated.
Hon Hai's decline came after Apple reported in October its first annual revenue dip since 2001. The US tech giant finds it increasingly hard to resonate with consumers in China, the world's largest smartphone arena where local players Huawei Technologies Co and Oppo Electronics Corp are gaining ground.
Nicole Peng, research director at Shanghai-based consultancy Canalys, said although Chinese brands such as Huawei and Oppo have also turned to Hon Hai to assemble smartphones, they only account for a small slice of the latter's business.
"There is an urgent need for Hon Hai to diversify its revenue sources. We expect shipments of iPhones to decline by 13 percent in 2016," Peng said.
Although Apple will see a stronger sales momentum this year, with a shipment of 211.7 million units of iPhones, it will still be far less than the 231.5 million units in 2015, Canalys forecast.
But Xiang Ligang, a smartphone expert and CEO of the telecoms industry website cctime.com, noticed a bright spot in Hon Hai's financial report.
"In the quarter ended in December, sales were up 9.76 percent year-on-year, signaling big demand for the iPhone 7 Plus," Xiang said.
"It is too early to predict how Hon Hai and Apple will perform in 2017, because this year marks the 10th anniversary of the iPhone and Apple may unveil a cutting-edge product to revive its sales," he added.
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NEW YORK (MarketWatch) -- Shares of Steve Madden Ltd. rose sharply Friday after the shoemaker said third-quarter profit will be significantly higher than Wall Street's target because of stronger-than-expected sales.
For the most recent quarter, the company sees earnings at 36 cents to 39 cents a share, ahead of analysts' average view of 27 cents, according to Thomson First Call. In last year's third quarter, Steve Madden recorded 26 cents a share in profit.
Sales are seen coming in at a better-than-expected $99 million to $100 million, implying growth of 12% to 13% from last year's $88.6 million. Analysts' average estimate stands at sales of $93.6 million.
"Our third-quarter performance is a strong testament to the continued progress we are making in improving our overall operations, and accordingly, we are optimistic about the long term," said Chairman and Chief Executive Jamieson Karson in a news release.


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This OnePlus 5 music video shows off improved sound recording
OnePlus hasn’t been shy about teasing the OnePlus 5 ahead of launch, and is already heaping praise on the upcoming phone’s audio recording capabilities.
The OnePlus 5 won’t be officially unveiled until June 20, but that hasn’t stopped OnePlus from teasing key details about the phone ahead of time. We’ve already heard details about the phone’s processor and camera hardware, which is fairly unusual for a flagship launch.
The latest teaser comes from OnePlus co-founder Carl Pei, who has posted a video recorded at a music venue during a DJ performance. The video is split into two parts, the first with a OnePlus 3 used for recording audio, and the second with a OnePlus 5 used for recording audio.
Check it out:
As is clear from the video, the OnePlus 5 audio recording is significantly more impressive, capturing a wide range of sound much more clearly in a very messy audio environment.
In a post to the OnePlus forum, Pei said: “We brought in some new hardware and assigned a group of engineers to optimize the audio system of the OnePlus 5 to capture much clearer sound.”
“As a result, the OnePlus 5’s improved microphone performs significantly better in loud environments,” he added.
OnePlus has also previously revealed a number of other details about the phone, including that it will feature Qualcomm’s new Snapdragon 835 processor. The company also announced that it had teamed up with French image software firm DxO to help improve the OnePlus 5 camera.
We’ll be covering the OnePlus 5 launch live on June 20, so stay tuned to TrustedReviews for the latest.
Related: Best Android phones
What would you like to see from the OnePlus 5? Let us know in the comments.


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6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Building products distributor ABC Supply Co. Inc., Beloit, WI, will open a new branch in Denton, TX, on May 5. The new location will carry roofing, siding and gutter products, as well as related supplies for contractors, according to John Yonkin, vice president of the southwest region.
“By locating our newest branch in Denton, we will be better able to serve the growing number of roofing contractors and other construction industry professionals who are working in this developing area of the Metroplex,” Yonkin said.
The Denton store is ABC Supply’s seventh Metroplex location and its 35th location in Texas.


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Zenith Sydney has appointed Laura Boatman as its head of digital, with the digital expert joining from her previous director role at Vizeum.
Charged with providing strategic leadership in product development and process, and with contributing to the continued growth and success of the agency’s digital practice, Boatman will commence in her new role in late February.
She will report to the agency’s national head of digital and data, Joshua Lee.
On Boatman’s addition to the team, Lee said: “I’m excited about the wealth of experience and knowledge Laura will bring to our digital offering, as our clients embark on another transformational year.
“I will also be working hand-in-hand with Laura and our other market digital leads to ensure we continue to promote a culture of performance and innovation across the entire digital spectrum.”
Zenith Sydney’s general manager, Jonny Cordony, added: “We are thrilled to welcome Laura who is a true leader and experienced professional. With Laura at the helm, our digital capabilities in Sydney are in great hands.”
Boatman, who moves to Zenith from her position as group digital and technology director at Vizeum, said: “I’m really excited to be joining such an inspiring and passionate team at Zenith.
“I’m looking forward to driving the digital agenda and leading the Sydney team to push boundaries to produce best-in-market work for our clients.”
In this opinion piece, Jess Miles, Country Manager ANZ of Integral Ad Science, reflects on the questions surrounding consumer data. The ability to collect consumer data online has revolutionised digital advertising by enabling customised targeting strategies and data collection. This reliance on data has been the cornerstone of many audience targeted strategies enabling marketers to […]
After ten years of board leadership of the young entrepreneurial collective Vibewire, Founder & Co-CEO of Disruptors Co. Gavin Heaton is passing the torch to fellow strategy and creative leader Jye Smith, Founder and Director of branding and design studio DOUBLESTAR CO, who will now take over as Board President.
Lexer, the Customer Data Platform for brands and retailers, today announced it has raised AU$33.5 million in Series B funding, bringing its total funding to AU$43 million. The round was led by Blackbird Ventures and King River Capital, with Series A investor January Capital also participating. Blackbird’s Rick Baker will join the Lexer board. The […]


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Sawtell's star winning holiday spot
SAWTELL Beach Holiday Park has been recognised as the best North Coast holiday spot in its class.
Judged the Best North Coast Holiday Park for 3½ to 4 Stars, Sawtell Beach Holiday Park has edged out 100 sites at the 2012 Caravan and Camping Awards of Excellence.
Lyndel Gray, CEO of the Caravan, Camping and Touring Industry and Manufactured Housing Industry Association said the awards are an acknowledgement of industry excellence.
"There were 23 winners amongst the 54 finalists and five businesses achieved commendation awards," Ms Gray said.
"This is a testament to the strength of the industry and its operators.
"Judges commented that Sawtell Holiday Park offers a wide range of accommodation options with high quality facilities and exceptional customer service, set amid a natural bushland setting, the park has developed into a nature based resort park over the last 10 years."


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After a year of success, Genesis Car Paint has lost more than $2.8m in the past 12 months and is the subject of an investigation by the Securities and Exchange Commission (SEC).
The company says it is working on ways to make up for lost sales.
Genesis Car Painting’s president, Chris Dufresne, says the loss of the business is a “catastrophe”.
“This is the worst I’ve seen,” he said.
“We were supposed to be here.
It’s not our fault that we’re a brand new company.
Genesis Car painted its first car in 2008.
It has since gone on to make more than 400 vehicles, and is now selling the most paint in the US.
“There was a time that we could paint cars, but we’re going to have to rethink our business model,” Mr Dufre said.
He said the company’s sales fell because of the government’s “cataclysmic” response to a record heatwave in the northern hemisphere.
The company’s latest financial results were released on Thursday.
The stock rose by more than 10 per cent in after-hours trading on Thursday to $6.84, the highest since October.
It is now trading at a record high.
“Genesis Car Paint is an iconic American car and automotive brand that has been part of the automotive landscape for over 30 years,” said John Gildersleeve, Genesis’ chief executive officer.
Mr Dafresne said the financial results reflected the company being “tough” and “willing to take a lot of risks” in order to stay relevant. “
But, as we continue to experience the devastating effects of climate change, we need to invest more in our employees and customers, and better prepare ourselves to weather the coming storm.”
Mr Dafresne said the financial results reflected the company being “tough” and “willing to take a lot of risks” in order to stay relevant.
“The company is going to need to continue to invest in the products and services it provides to our customers,” he added.
He was also asked about the possibility of changing the company name, saying the company had decided to go with the name Genesis.
“Yes, we’re thinking about changing the name to Genesis,” Mr Gilder said.
‘We’ll get through this’ ‘We’re going for it’ Mr Defresne says the company has spent the past year developing new paint technology, which has allowed it to paint vehicles for about 30 years.
“It’s not like we’ve been in this industry for 40 years and it hasn’t been an exciting experience,” he says.
We’ve done some things that I’m very proud of. “
For us to be able to do this is really exciting.
I can tell you that this is going for us.” “
This will be a great year for us.
I can tell you that this is going for us.”
The company has made some major changes to its business model, including investing $3.5m in new paint technologies to improve its performance and reducing the price of the paint.
The cost of paint has increased by more in recent years.
It also says it has increased its sales and profits in recent quarters.
But it says it still has a long way to go.
The SEC’s investigation into Genesis has been prompted by an anonymous tip from a former employee who said that some of the company employees were selling car parts in the garage.
“Somebody told us that some people were selling paint for parts in their garage,” Mr Karp, who left the company last year, said.
It remains unclear whether the employee had actually seen the alleged incidents, and the SEC is investigating.
“When the tip came in, we immediately called our legal team and took it seriously,” Mr Boulanger said.
The former employee was a “supervisory” employee who had worked for the company for about three years, and had been “a major driver of sales and revenue”, Mr Koulanger added.
The person said that he had witnessed some salespeople “selling car parts”.
Mr Koultrie said the employee, who did not want to be identified, did not know the specifics of the alleged incident and could not recall details of the car parts sales.
“They were doing the same thing as we were doing,” Mr Loulanger continued.
“He was very aggressive about selling paint and he wanted to sell paint and paint and it was really annoying to see.”


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Ericsson and Samsung have just signed a cross-licensing deal, covering patents relating to GSM, UMTS and LTE standards for networks and handsets.
Ericsson today announced that the initial payment from the agreement will boost Q4 sales by SEK 4.2 billion (£394 million) and net income by SEK 3.3 billion (£309 million).
Royalty payments from Samsung will also be made throughout the multi-year deal.
However, further details have not been disclosed and it is not clear how long the contract will run for.
"We are pleased that we could reach a mutually fair and reasonable agreement with Samsung," said Kasim Alfalahi, Ericsson's chief intellectual property officer. "We always viewed litigation as a last resort."
The agreement brings an end to a long-running patent feud between the two firms. Back in 2012, Ericsson took Samsung to court (opens in new tab), alleging that the South Korean giant had infringed its patents.
Samsung, which has been involved in a number of high-profile skirmishes with Apple (opens in new tab) over the past few years, subsequently hit back at the Swedish mobile network equipment with a legal case of its own.
"This agreement allows us to continue to focus on bringing new technology to the global market and provides an incentive to other innovators to share their own ideas," added Alfalahi.
Ericsson currently owns more than 30,000 patents relating to 2G, 3G and 4G (opens in new tab) network technology.


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Four Foods Group Announces Acquisition of 48 Little Caesars Pizza Restaurants Four Foods Group (FFG), a rapidly growing restaurant development, investment, and management company, announced it has acquired 48 Little Caesars Restaurants in Alabama and Louisiana.
Kate Spade & Co trying to find buyer Handbag and accessories maker and retailer Kate Spade & Co, under pressure from activist investor Barry Rosenstein, is working with a bank to sound out possible buyers. Quoting
KFC Malaysia parent QSR Brands (M) Holdings, is arranging an IPO next year expected to raise about US$500 million. The company, which has both KFC and Pizza Hut restaurant concessions in Southeast Asia, Citigroup, Credit Suisse
Vietnam has been chosen as the top priority market for future business expansion in Southeast Asia by 40% of US enterprises according to the recent ASEAN Business Outlook Survey released by US Chamber of Commerce. The country has
By Entrepreneur Partner Studio Staff Since co-founding his first Anytime Fitness in 2002, it has never been about the money for Chuck Runyon. Though the business has grown to more than 3,000 gyms across the U.S. and some
The Edge Franchise Discovery Day will be held in Ho Chi Minh City, Vietnam – March 16, 2016 The Edge Franchise Discovery Day was a business matchmaking event that allows prospective franchisees who are interested in The Edge
Vietnam International Retail & Franchise Exhibition (VIETRF) has been organized annually as an important trade promotion activity in the industry from 2009. The 8th show is going to be held from June 08th, 2016 to June 10th,
There is a multi-trillion dollar economy opening up to technology faster than ever. It has been driven by trends that have changed the nature of how entrepreneurs will be characterized going forward; specifically, industry executives will
Buying a franchised business is often seen by franchisees as a definite path to making large sums of money. This may be true for some, however, there are a number of inherent risks in buying a
Ho Chi Minh City, Vietnam – January 12, 2016 The Synergy® HomeCare Franchise Discovery Day was a business match-making event that allows prospective franchisees who are interested in Synergy® HomeCare to meet and interact with Mr. Sean T.


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Mercedes-Benz’s 2019 fashion story campaign challenges creatives to learn and execute new skills within 24 hours.
The collection will debut at Jeremy Scott’s annual Palm Springs Desert Party with <
Avicii’s first posthumous song, “SOS,” is out nearly a year after his death.
To kickoff to Earth Month, gender-free upcycled label Official Rebrand will release a sneak peek of it’s new collection AGE OF DESIRE at OW LA.
To celebrate the world’s most famous blush ‘Orgasm’’s 20th anniversary, Nars has launched an entire collection inspired by Orgasm.
Meet the eight finalists for the 2019 LVMH prize for Young Fashion Designers.
The collection is made of of 3 LOVERBOY motifs: ‘Squiggle’, ‘Scream’ and ‘Squirm’ !!
Karl Lagerfeld’s reign at Chanel ended beautifully in a serene, snowy setting. More
CdG’s FW19 show titled ‘The Gathering of Shadows’ was set with an electronic score by London-based DJ Parma Ham. Image courtesy of Comme des Garçons
FW19 LARRY – Named for Larry Legaspi whom Rick Owens has just finished a book on, being released in October when this collection will be in stores.


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MEET BONUMOSE CEO, ED ROGERS...
Healthy sugar is the holy grail of sweetness. Lucy talks with Ed Rogers, CEO of Bonumose, to hear about the special nutritional components of tagatose - a healthy sugar.
Bonumose creates delicious, rare sugars that are affordable and healthy. Bonumose has a mindset of “business as a moral imperative” to make a lasting positive effect on the world.
How Sweet it Is!
Tagatose is a rare sugar that not only tastes sweet but has multiple health benefits, such as fiber and prebiotics. It doesn’t affect one’s glycemic index and has fewer calories than regular cane sugar. Because it has the same characteristics as sugar, it can be used in baked goods, sports drinks, candy, ice cream, protein bars, the list goes on to include anything that uses regular sugar.
Join us as we talk to Ed who has 30 years of entrepreneurial business experience as a founder, investor, adviser, and lawyer. Before co-founding Bonumose, he practiced law for 11 years, co-founded an animal food technology company, and designed and implemented a grant-funded venture investment endowment for a foundation in rural Virginia. He has a Bachelor of Arts and Juris Doctor degrees from the University of Virginia.
At the recent Tagatose production kickoff event, the Bonumose team invited Virginia Governor Glenn Youngkin to help scoop the first ceremonial spoonful of tagatose. It was wonderful to see the standing room-only crowd, including investors iSelect Fund, ASR Group, The Hershey Company, Applied Food Sciences, Ed Williams, and our friends from Japan. Read the full press release here.