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– The U.S. auto industry curtains 2018 considering sales of 17.3 million supplementary vehicles, which stress expectations, but the slant for 2019 is uncertain. in the midst of the twists and turns upon the road ahead are the fallout of a slowdown in China and in the U.S., the overhang of tariff wars, the impact of supplementary technologies such as driverless vehicles, and the preferences of millennial and Gen Z consumers, which will drive well along demand. Get A Car with Uber Bad Credit
If the as soon as year wise saying forest closures and layoffs at companies such as General Motors, the industry heads into 2019 as soon as more investments, alliances and forays into electric vehicles and other newer technologies. even if the industry began the year upon a tepid note next an standard sales halt in January, it does not point toward auto companies wont ride out any bumps, according to experts at Wharton and elsewhere. Get A Car with Uber Bad Credit
Long and Winding Road
Pros and cons exist for each of the factors influencing the U.S. automobile industry, interpretation Wharton management professor John Paul McDuffie, who is furthermore director of the Program on Vehicle and Mobility momentum at the schools Mack Institute for fee Management.
For each one there could be a clear spin and distinct angle upon it, and a negative spin and a negative angle on it, McDuffie said. He saw the industry facing a decent amount of uncertainty, and that he was neither optimistic nor pessimistic roughly the year ahead. We bring to life in interesting times, turbulent times.
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MacDuffie believes the auto industry is dealing when a broader range of issues than he has encountered in the many years he has studied the industry. He biting to technological changes, electric and autonomous vehicles, the current give leave to enter of trade and the threats of tariffs. upon the tariffs front, the U.S. auto industry is bracing for later duties upon steel and aluminum imports after April, with a 90-day break of sophisticated tariffs by the U.S. upon imports from China expires. The industry is moreover anxious approximately the impact of tariffs that President Trump has threatened to impose upon car imports from the European Union.
Concerns loom practically the strength of various economies the U.S. and China in particular. As big a thing as the tariff risk is the risk of Chinas economy slowing quirk down, said MacDuffie. The Chinese present has been the main engine for many of the global automakers, he added. I admiration what its in the same way as to be a senior processing in these auto companies and have to deal in the manner of this unbelievable obscurity and this incredible uncertainty.
Paul Eisenstein, publisher and editor of TheDetroitBureau.com, a revelation focused on the automobile industry, noted that even though the consensus was that 2018 would be a year of fall in the U.S. publicize and China would mount up slower than it had in when years, exactly the opposite happened. The U.S. actually gained, albeit by just a hairs breadth in 2018, and China posted its first fade away that weve seen previously the explosion of that push put up to on the subject of the point of the extra millennium, he said. Most people expect that China will rebound a tiny bit this [year] and the U.S. spread around will once more slow.
Above all, much depends on President Trumps actions, said Eisenstein. He is continuing to talk practically ramping occurring his trade wars, he noted. The industry is preparing for the repercussion of some key negotiations such as those in the middle of the U.S. and the European Union, he added.
MacDuffie and Eisenstein shared their insights on the emerging terrain for U.S. auto industry for a series titled 2019: A see Ahead upon the [email protected] radio achievement upon Sirius XM. (Listen to the podcast at the top of this page.)
Tesla Plugs into China
One automaker that is bullish on China even as the country grapples next an economic slowdown is Tesla, which is planning to build a factory there. Tesla is always out there at the dangerous edge of something, said MacDuffie, noting that it wants to build a other factory in China even as its own finances are stretched. upon the supplementary hand, he sharp out that Tesla is the first foreign company that China has allowed to construct a reforest upon its own without a Chinese joint venture partner. That means less unintended of knowledge leakage and having to allocation recommendation [with Chinese firms or the Chinese government]. But it also means the risk is not shared anymore.
Also encouraging for Tesla is the fact that the Chinese giving out is pushing upon several fronts to be the biggest electric vehicle puff in the world, MacDuffie said. They have a lot of levers at their manage to make that happen, including subconscious nimble to require that foreign automakers make a lot of electric vehicles to sell there. So, its not in view of that dangerous for [Tesla founder] Elon Musk to figure that in building capacity there, there will be request for electric vehicles. The $2 billion project could start selling its cars by as in the future as the second half of this year, according to a Quartz tab that cited Chinese direction officials.
At the same time, many Chinese startups that have come in to attempt to compete at the high end of the electric vehicle shout from the rooftops have struggled, MacDuffie said. He pointed to Faraday well along as one of those. It had seemed to be amply financed and had a lot of fine talent, and theyve had nothing but trouble. So, its a dangerous bet to create that huge of an investment [as Tesla is planning in China]. But as a bet on a puff thats going to have electric vehicle demand, it is not thus much [of a risk].
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Eisenstein noted that consensus is growing in the auto industry that electrification is the mannerism of the future. even though global sales of every electric vehicles, including hybrids, plug-ins and total battery electric vehicles yet control under the 5% mark, you look a sure and increasingly smart upward curve that tells you that you avoid the electric push electrification at your own peril, he said. China is an handsome announce for electric vehicles, he added, noting that it has introduced rules that will require automakers to develop a minimum level of plug-in models that can do something in sure conditions in zero emissions mode. Get A Car with Uber Bad Credit
Similar regulations are as well as standard in the U.S. in 2025 following extra fuel economy standards, although the Trump administration has said it would roll them back, said Eisenstein. He biting to several goings-on by U.S. automakers to diversify into electric vehicles. One is Ford Motors flyer that it will initiation an all-electric report of its F series pickup, which Eisenstein said is the best-selling vehicle in the U.S. General Motors is afterward planning all-electric versions of the Chevrolet Silverado and the Sierra, he added, referencing his balance upon the development.
U.S. Auto Investments: Divergent Trends
While some U.S. automakers are sharp encourage facility at flora and fauna that no longer bring in the desired revenues and profits, their foreign counterparts are making blithe investments. A accomplishment in reduction is the decision General Motors made last November to close five plants in North America, lay off some 14,000 workers, and retire six of its 15 car models. The GM fake wasnt a huge astonishment if you handily looked at how much the request for the products made in those flora and fauna had slowed showing off all along over a grow old of a couple of years, and the general shift away from sedans to SUVs, said MacDuffie. The hard-won insight is that its improved to make these cuts in fine get older than wait for bad era and as soon as you may have actually made them worse. He customary such adjustment of employment to the publicize demand to continue.
For the foreign auto companies, the U.S. is yet the biggest shout from the rooftops in the world, next-door to China, said MacDuffie. To arrive here, to construct here, to build brand here, and to build reputation here still makes sense. That logic explains Volkswagens touch to invest $800 million to create electric vehicles at its plant in Chattanooga, Tenn., and a joint venture between Toyota and Mazda in an assembly forest in Huntsville, Ala., he added. Get A Car with Uber Bad Credit
Theyve got request for those vehicles here and its a habit to be protected neighboring some of the risk of tariffs. Employment will go up and beside across plants, and across companies. Its the overall portray of deposit for the industry in the world economy that probably these companies are truly watching.
Alliances vs. Mergers
Another trend that Eisenstein highlights is alliances in the middle of automakers. He listed the Ford-VW partnership to make commercial vans and pick-up trucks, the Honda-General Motors partnership for autonomous vehicles, and the Toyota-Mazda joint venture. However, youre not going to look many of these alliances become full era partnerships or marriages, he said. Others complement Toyotas partnership afterward Panasonic to fabricate electric batteries, which then happens to have associated once Tesla. These are limited, anti-monogamous ventures. A great example is Toyota. For most of its existence, it kept away from whatever tying it to unorthodox manufacturer. But just in the last couple years were seeing it tie happening like BMW, Mazda, Subaru and so on.
MacDuffie recalled that Sergio Marchionne, the former CEO of Fiat Chrysler who passed away last July, made a strong accomplishment for consolidation in the auto industry. He was well-known for predicting that the industry was inevitably going to have to consolidate to a small number of big players because he felt [that considering] the economies of scale, it was incredibly wasteful of capital to have every these firms developing every those vehicles, he said. Get A Car with Uber Bad Credit
Even so, the industry has a long archives of bungled mergers, MacDuffie noted. The Nissan-Renault Alliance that eventually included Mitsubishi has been described as the most flourishing long-term link that wasnt an outright merger, he said. However, the alliance is facing examination mature after the recent arrest and the abandonment of its chairman, Carlos Ghosn. Even so, it yet has some inherent strengths if they can figure [a pretentiousness out of the crisis], he added. The issues on the table are additional governance mechanisms and the tab of power amid France (Renault) and Japan (Nissan), he barbed out.
MacDuffie said he has never been optimistic approximately such consolidation attempts. Ive always thought that consolidation to a little number of companies was unlikely, that what was more likely would be a amassed lot of projects in which costs are shared, and where its advantageous for the partners. He cited a partnership amongst Toyota and Peugeot in a diesel engine project in Europe, which worked capably for several years, but was disbanded as the technology changed. Incidentally, Peugeots parent Groupe PSA recently struck option partnership behind Toyota. Similarly, Toyota and Volkswagen had similar to make pickups many years ago, and they moved in and out of that, he added.
You could see these as unsuccessful projects or you could see them as enormously pragmatic, often short-term calculations to pact later than cost pressures, needs for technology, needs for a product in the quick term, said MacDuffie. Its actually a healthy becoming accustomed to all the volatility and uncertainty as opposed to the huge bet in the same way as a Daimler-Chrysler merger, which eventually failed.
Used Cars Preferred
One industry trend to watch is increased car buyer preference for used, rather than new, vehicles, especially if the latter are of recent vintage gone the latest or near-latest safety and extra features.
Eisenstein said that prices [of further cars] have with up to close collection levels of amid $35,000 and $40,000 each for a typical vehicle. He further that even those who can afford additional autos at those prices are actively gone endorsed pre-owned vehicles. Typically, [they are] off-lease, which means that buyers took fine care of them because they would otherwise be penalized on the return, he noted. They are a year or two outmoded and often identical to the models that are in the showrooms as extra vehicles. That is something the industry has created, and it has become a threat to its own further car market.
From the standpoint of dealer margins, those trends seem to create sense. One of the relatively renowned secrets of dealer economics is that other cars have degrade margins than used cars, which have belittle margins than repair, which have demean margins than aftermarket parts., MacDuffie said. To the extent that the dealers are the ones in the recognized pre-owned vehicle market, they probably get well.
Ridesharing and Autonomous Vehicles
Eisenstein in addition to noted trends in the ridesharing and car-sharing markets. He said one significant spread of the subsequent to year came from Waymo, a spin-off from Googles parent Alphabet, next it announced the creation of its robotaxi facilitate Waymo One. He wondered whether it would be truly autonomous or have backup operators in back the wheel.
If theyre competent to create this work, and if the drivers dont have to all the time intervene, they may get hail within the next year or two to begin fielding agreed driverless vehicles, Eisenstein said. That changes the equation because if you say yes the driver out, the biggest cost of a ride sharing vehicle goes away. hurriedly you potentially make it reachable for companies later than Waymo One, Uber, Lyft and some of the others that are coming to undercut the idea of owning a vehicle, particularly in urban markets that may get thousands or even millions of drivers to resign the idea of personal vehicle ownership.
MacDuffie said 2018 was a year of a tiny bit of veracity and retrenchment in the advancement of autonomous vehicles. He biting to a fatality last March in Phoenix involving an Uber car as one of the huge setbacks. Were going to look more and more experimentation, and more and more pilots [in 2019], he said. The pilots urge on the companies learn and acquire better, insert their algorithms, and it lets the public see these further things, and be more viable virtually what works and what doesnt. Its a slow pursuit towards both evolve and public acceptance.
Millennials to the Rescue
MacDuffie caustic to marginal driver of the industrys fortunes: the emergence of millennials as supple car buyers. For a while, everybody said millennials dont care practically cars anymore, they and no-one else care roughly their gadgets and thats a generational shift that will shake taking place the auto industry, he said. It now looks in the manner of as millennials acquire older, they get married, they upset out of the cities to the suburbs, they have kids, theyre buying cars and most likely their finances now allow them to realize that too. Thats a kind of immediate source of demand. Get A Car with Uber Bad Credit
The U.S. auto industry booked hermetic sales gains last year, over 17 million vehicles for the fourth year in a row. If we go from 17.2 million to 16.8, its actually not a tragedy for the industry, MacDuffie said. Its in relation to normal because weve had these surprises (such as the request from millennials) that it hasnt made that dip yet.
Millennials basically saved the industry from a second consecutive year of decline, said Eisenstein. Every analyst Ive talked to said that it was largely an increase in millennial sales that surprised them. We are likely to continue to look that as they acquire older, they get wealthier and they can start buying extra vehicles. However, higher than mature he standard millennials (those born in the midst of 1981 and 1996) and the Gen Z population (those born amongst 1995 and the further on 2000s) to opt for used vehicles, either because they desire to be smarter just about their money or tighter bearing in mind their budget if they are saddled afterward teacher loans.
What vehicles those additional buyers pick is out of the ordinary big ask for automakers, Eisenstein said. Will they switch to electrified vehicles or tidy vehicles? Will they as a consequence continue the shove into crossovers and agreeable sport encouragement vehicles? [Some of the younger buyers] are saw I dont want what dad had. So, theres a lot of uncertainty not quite where the millennial generation and the neighboring generation will go.
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HTC Said to Plan New One Phone With Larger Screen, Better Camera
HTC Corp. (2498) plans a March release for the latest version of its HTC One smartphone featuring a larger screen and twin-sensor rear camera, according to a person with direct knowledge of the plans.
Carrying the HTC One name, the new model will use Qualcomm Inc.’s later Snapdragon processor and have a screen size of at least 5 inches, said the person, who asked not to be identified because the details aren’t public. The design will be little changed from last year’s version of the One series, the person said.
A larger model called One Max and the start of sales to China Mobile Ltd. failed to stop HTC from posting its second consecutive quarterly operating loss. The new model, scheduled for release at the end of March, will be bigger than the One’s 4.7-inch display and smaller than the One Max’s 5.9-inch screen.
HTC, based in Taoyuan, Taiwan, declined to comment in an e-mail today.
Twin sensors on the rear of the new handset will provide better focus, depth of field and image quality, the person said. An improved version of HTC’s Ultrapixel camera will be featured in the device, the person said.
To contact the reporter on this story: Tim Culpan in Taipei at email@example.com
To contact the editor responsible for this story: Michael Tighe at firstname.lastname@example.org

domain: news


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A retail industry expert says he was surprised to learn that Boston Store's new company is planning to reopen brick and mortar stores.
Overall, the company will reopen stores in six states.
"The concept will be a little different," said Fred Hulls, VP of Communication for Bon Ton Stores. "As well as offering services like personal styling and interior design, the new concept store will have longer hours from Thursday through Sunday, when people want to shop and fewer hours during the working week."
Jerry O'Brien, the executive director of The Kohl’s Center for Retailing Excellence at UW Madison said it's rare for a bankrupt company to come back under new ownership, but under the same name.
"I’ve never heard of a store doing the Thursday through Sunday thing before so that will be exciting to watch from my point of view," said O'Brien.
While he's surprised that physical locations will reopen, he said some of their ideas are smart. For example, the new stores will be a lot smaller, about 50,000 to 60,000 square feet.
"I think the smaller format makes very good sense," said O'Brien. "Inventory expenses are high. This should give them a chance to refresh more often."
He said Boston Store's challenge will be making themselves stand out from other stores, and deciding what brands to bring in.
"I think it's clever to try something new," said O'Brien. "Obviously if they opened up and did what they did before, they'd get a similar result. "I do think the [history] of the Boston store and their other brands...there's a chance that people are longing for them."
Previous employees are encouraged to apply for positions by going to any of the Bon-Ton Stores websites including Bostonstore.com.


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A Gold Coast university design student has produced the first 3D-printed guitars on the Gold Coast.
The bespoke guitars were engineered by third year industrial design student Adrian McCormack under the direction of Associate Professor Dr Jennifer Loy at the Queensland College of Art, Griffith University.
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Adrian says his wave design was inspired by the Gold Coast’s rich surfing culture, and explains he spent plenty of time studying the playing style and technique of blues guitarists. “It was clear that arm support within the design was vital along with overall strength and of course, aesthetics,” he says. “We used a biocompatible and food-safe material called polyamide, which also ensured the body weight stayed roughly the same as a generic telecaster body.
The first design was brought to reality with help from Brisbane guitar builder and technician Rohan Staples at the renowned Guitar Shop in Paddington and printed at Griffith’s Gold Coast campus in seven components, while the second was printed in one complete piece by Belgian company Materialise.
“Once the model pieces had been tested and prototyped, they were printed over the course of eight days on campus, with around 200 hours of printing. This guitar print also featured a unique process called ‘hot swapping’, which created the unique red and white finish,” he says.
The locally printed guitar will stay on campus, finding a home at the Griffith Red Zone, while the second guitar was offered as a prize for a Festival-goer to be announced later this month and presented at Griffith’s Open Day on July 24.
According to Associate Professor Loy, Griffith is working hard to develop graduates who have specialised skills in this area. “Our Industrial Design and 3D Design Digital Media students are learning world leading software for additive manufacturing, and gaining hands-on experience of designing with advanced digital technologies, including 3D Printing, scanning and electronics for new design applications.
“3D printing is not just an add-on technology within the digital landscape – it has matured and now completely changes what is possible. We envisage that the students of today will have the jobs of the future, ones that may not even exist yet, but that are clearly on the way, with 3D Printing alone being forecast as a $7 billion dollar a year sector by 2020.”


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CBS Sports--and NetsDaily--have previously reported on the steep decline in Nets ticket sales. Now, data released Friday by Bruce Ratner's parent company provides new details on the Nets' overall finances through January. The data--released because Forest City agreed to sell 80% of the team to Mikhail Prokhorov--shows the Nets lost $136.6 million the last two years, half of which Brett Yormark called paper losses.
- Nets ticket sales down nearly one-third last season - John Brennan - The Record
- Nets ticket sales drop by one-third in 2008-09 - AP


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Delhi International Airport has launched a portable check-in system.
The hand-held mobile devices act as a portable check-in counter in addition to the self-service check-in kiosks at the airport.
The devices are common use, meaning that all airlines operating from both terminals can check in their passengers away from the self-service kiosks.
They also have a bluetooth-based printer for boarding pass printing.
The devices can be used for both domestic and international check in at the airport.
Passengers carrying hand baggage can directly make their way for security check. Those carrying registered baggage will have to go to the traditional counters to drop their bags.
Trials over recent months showed that an average of 8 to 10% of passengers used the new system.
Jet Airways and Vistara airlines have been using the portable device since the beginning of the trial period
N.B. Image credit: hindustantimes.com


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Bethany Koby, Tech Will Save Us
Bethany Koby is the CEO and co-founder of learning toolkit start-up Tech Will Save Us.
She has over 15 years of experience building brands and purpose-driven businesses like Skype and is one of Wired’s Designers that Matter.
This month's biggest tech events (Apr 24 to May 19)
Women’s crucial role in technology will be celebrated at the…


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The date has finally been set – Flight attendants at United Airlines are to start using new designer carry-on cases by TUMI from March 16 after a delay in issuing the luggage saw the date pushed back from the start of February. The airline’s flight attendants will soon be seen sporting either a two or four-wheeled rollaboard in a dark navy blue colour at airports around the world.
United first announced it was partnering with TUMI in late July 2017 as part of a wider uniform refresh that will see a new look for the airline’s 70,000 frontline employees. Around 24,000 flight attendants at United have received new TUMI cases and will soon start sporting new Brooks Brothers designed uniforms.
The union which represents flight attendants at the airline described the TUMI cases as “durable” and “high-quality products”, saying they will “hold up under the rigours of our travel schedules.”
Staff have been given the option of choosing between a 2-wheel or 4-wheeled carry-on which appears to be based on the Continental Expandable case. These normally retail at $675 before tax although will be given away free to flight attendants with a five year warranty.
United has even negotiated a discount that can see flight attendants purchase additional luggage for between $172 – $177 and staff can also get their luggage monogrammed for free. A tote bag is also available for purchase at a significant discount as well.
However, with the new luggage comes new rules – flight attendants have been told that they must now only use the TUMI luggage when on duty and will no longer be able to accessorise their cases with garish luggage tags. They’ve also been banned from displaying “pre-merger insignia” on their cases or from making any other modifications.
This is certainly a nice upgrade from the old TravelPro rollerboards that United’s flight attendants have been issued with in the past and probably the most luxe designer luggage brand to have partnered with an airline so far. It’s certainly a far cry from the usual choices of Samsonite and Delsey opted for by many airlines.
Mateusz Maszczynski honed his skills as an international flight attendant at the most prominent airline in the Middle East and has been flying throughout the COVID-19 pandemic for a well-known European airline. Matt is passionate about the aviation industry and has become an expert in passenger experience and human-centric stories. Always keeping an ear close to the ground, Matt's industry insights, analysis and news coverage is frequently relied upon by some of the biggest names in journalism.


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The net profit of Reliance Industries missed analyst estimates for the fourth quarter but the company crossed a major milestone — becoming the first from India to achieve $100 billion in annual revenues.
RIL posted a 22.50 per cent rise in consolidated net profit for the quarter ended March 31, 2022 to Rs 16,203 crore from Rs 13,227 crore in the corresponding period of the previous year.
Brokerages had forecast net profit between Rs 16,300 crore and Rs 16,900 crore. The consensus estimate of Bloomberg analysts put the net profit at Rs 16,819 crore. Consolidated revenues for FY22 rose 47 per cent to Rs 792,756 crore ($104.6 billion) against Rs 539,238 crore a year ago. Net profits rose 26 per cent to Rs 67,845 crore from Rs 53,739 crore in 2020-21. Net profit attributable to owners of the company rose to Rs 60,705 crore in FY 2022.
The quarterly numbers showed retail business to post a strong growth, while oil-to-chemical (O2C) was affected by challenges such as high energy cost even as the telecom segment was a let-down.
The O2C business saw consolidated revenues rising 44.2 per cent to Rs 145,786 crore from Rs 101,080 crore in the year-ago period while the segment earnings before interest, taxes, depreciation & amortisation (EBITDA) rose almost 25 per cent to Rs 14,241 crore from Rs 11,407 crore in the corresponding period of the previous year.
EBITDA margins took a knock of 150 basis point to 9.8 per cent. The conglomerate blamed this on the base effect driven by high feedstock and product prices.
Reliance Retail recorded a solid show with gross revenues rising over 23 per cent during the quarter to Rs 58,017 crore from Rs 47,064 crore a year ago
While the margins were stable, EBITDA from operations gained 16.3 per cent to Rs 3,584 crore from Rs 3,083 crore. RIL said the business delivered its best-ever quarterly revenues despite the challenges posed by the spread of the Omicron and from coming out of a festive quarter.
Retail reported gross revenue of Rs 199,704 crore in FY22, a growth of 26.7 per cent over the previous year driven by broad based growth across all consumption baskets.
EBIDTA in the retail business crossed Rs 12,000 crore to reach Rs 12,381 crore, a growth of 26.5 per cent over the previous year driven by a strong revenue performance across all consumption baskets.
RIL’s telecom arm Reliance Jio Infocomm Ltd (RJIL) disappointed with net profits coming at Rs 4,173 crore against Rs 3,360 crore in the same period of the previous year and marginally below estimates of some analysts. Its revenues rose to Rs 20,901 crore from Rs 17,358 crore a year ago.
Jio Platforms, which represents RIL’s digital services business, saw gross revenues rising 20.7 per cent to Rs 26,139 crore from Rs 21,650 crore a year ago. Average revenue per user during the quarter rose to Rs 167.6 per subscriber per month from Rs 151.6 per subscriber per month in the preceding three months.
For the year ended March 31, 2022, RIL’s outstanding debt at Rs 266,305 crore was higher than its cash and cash equivalent of Rs 231,490 crore.
“Despite the ongoing challenges of the pandemic and heightened geo-political uncertainties, Reliance has delivered a robust performance in 2021-22. I am pleased to report strong growth in our digital services and retail segments. Our O2C business has proven its resilience and has demonstrated strong recovery despite volatility in the energy markets,’’ Mukesh Ambani, chairman and managing director, RIL, said on the results.
“Our relentless focus on customer satisfaction and service has led to higher engagement and increased footfalls, driving robust revenue and earnings figures across our consumer businesses. The gradual opening up of economies coupled with sustained high utilization rates across sites and the improvement in transportation fuel margins and volumes have bolstered our O2C earnings,’’ Ambani said.


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In a recent telephone interview with PlasticsToday, Key Equipment Finance's Joe Messineo, senior vice president and regional sales director, shared his perspective on a “very vibrant market” for equipment that began around the end of 2016 and through 2017, as well as why now is a good time for plastics manufacturers to consider acquiring equipment.
“Capital equipment is driven by a lot of factors, but confidence in the economy is a big one,” Messineo said. “The current economic climate is encouraging equipment purchases. Most industries, except for energy, are doing well and we’ve helped a number of plastics manufacturers with their new equipment needs.”
Messineo noted that because plastic is such a ubiquitous commodity used for almost everything, it tends to be a bellwether for the overall economy, adding that plastics-related packaging is “absolutely booming.”
The fourth quarter is generally when companies begin looking back over the past year and planning for the coming year. This includes examining tax code implications and determining what new capital investments to make.
“Now is the time to think about it, because at midnight on December 31, you get to start over again,” Messineo said.
Read more about Section 179 tax breaks in the full article here:


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Net income was 1.7 billion euros ($2.5 billion) in contrast to a loss of 12 million euros in the period a year earlier, Daimler said. Revenue fell 1.9 percent, to 26.5 billion euros.
The chief executive, Dieter Zetsche, predicted further earnings growth in 2008 as demand for vehicles in emerging economies outweighs a possible recession in the United States, Daimler’s biggest market. Chrysler’s disposal last year will let Daimler focus on improving profitability at remaining divisions, including truckmaking and vehicle finance, Mr. Zetsche said.
The carmaker plans to raise the 2007 dividend to 2 euros a share from 1.5 euros a year earlier, and will continue a share buyback program, the company said. Daimler, based in Stuttgart, bought back 50 million shares at a cost of 3.5 billion euros last year.Continue reading the main story


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CARLSBAD -- Debate over whether to allow more large retail stores in Carlsbad will have to wait until after New Year's. Saying the issue ought to go before the city's soon-to-be-newest councilwoman, the council agreed Tuesday to delay the discussion as more than a dozen audience members avidly watched.
"I think it's appropriate to wait until the new council is seated," Councilwoman Ann Kulchin said in response to the mayor's request to hold off on the item, which would have called for the city to study the benefits and detriments of large free-standing stores.
The proposed study would be a step toward changing city ordinances, which now only allow large stores if they are part of a larger shopping center.
Building what's commonly called big-box stores has beencontroversial in Carlsbad, and audience members at Tuesday'smeeting were divided on the topic. The city has only one largefree-standing retail store -- Costco on Palomar Airport Road. AsWal-Mart, Home Depot and other companies have built stores onCarlsbad's borders, Carlsbad's leaders have started asking whetherthe city should change its policy.
The debate was pushed to the forefront early this year with news that Lowe's home improvement was interested in a site on Avenida Encinas near Interstate 5. The property now houses the San Diego International Floral Trade Center.
Several representatives for Carltas Co., which manages the trade center site, attended Tuesday's meeting. Speaking outside the meeting room, Carltas Co. manager John White said his company remains very interested in pursuing the Lowe's proposal and commented that Carlsbad will benefit from the sales tax revenue the store would bring.
Other people in the audience said they were strongly opposed to any changes to the city's zoning ordinances.
"I came because I'm very concerned about it," said Carlsbad resident Paul Stailey, a computer technician. "The way they want to amend the general plan is bad."
In March, the council directed staff members to draw up an amendment to the city's general plan to allow large free-standing stores in commercial and industrial areas. The proposed amendment failed to win support from the city's Planning Commission. At a July 7 meeting, the commission made the unusual move of declining to vote on the issue. Instead, commissioners urged the council to study the issue extensively.
That request is now before the council.
The new councilwoman -- waterfront hotel owner Norine Sigafoose -- was elected Nov. 2 and will be sworn in Dec. 14. She'll replace Councilwoman Ramona Finnila, who did not run for re-election. Kulchin also will be participating in the swearing-in ceremony; she was re-elected to a seventh term.
Both Kulchin and Sigafoose have said they do not think the city ought to encourage the building of large retail stores such as Wal-Mart. At Tuesday's meeting, Kulchin said she thinks the city ought to consider requiring conditional-use permits for shopping mall projects, commenting that she has heard complaints about the new La Costa Town Center project along El Camino Real.
Mayor Bud Lewis said he'd like staff to study where there might be space to put a large retail store. He has said in the past that he's not in favor of large stores going west of Interstate 5 -- a position that would knock out the Lowe's store proposal.
Contact staff writer Barbara Henry at (760) 901-4072 or email@example.com .


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JCT signs remarket deal with BCA
JCT 600, which operates more than 50 outlets in Yorkshire, Lincolnshire, east Midlands and the north east, has signed an exclusive two-year agreement with BCA to remarket its used cars and LCVs.
As part of the deal, BCA will begin a regular programme of sales for JCT 600 at BCA Brighouse every Tuesday and Thursday and at BCA Leeds five days a week. All JCT 600 vehicles will be pre-sale imaged and catalogued on BCA Auction View and available to BCA Live Online bidders.
All vehicles will be pre-sale prepared by BCA and will be offered under the BCA Assured scheme, which means they’ve been mechanically tested by the AA.
John Tordoff, Chief Executive JCT 600, said, ‘It goes without saying that BCA delivers a comprehensive remarketing programme, a substantial range of value-added services and the very best facilities, but as importantly there is a shared vision to be the best and deliver a high quality service to benefit our customers.
‘We are confident that BCA will remarket our non-retail part-exchange vehicles quickly and efficiently while generating the best returns, and we are also sure that BCA will represent our brand values effectively within the wholesale sector.’
BCA will provide full marketing support with e-marketing and online campaigns, while also raising awareness with posters and point of sale material.
BCA sales director Craig Purvey said, ‘This deal will deliver a substantial range of attractive cars and commercial vehicles for our buyers at BCA. JCT 600 will offer a superb selection of vehicles at BCA Brighouse and BCA Leeds and we are delighted that after a rigorous tender process, BCA has been awarded an exclusive two-year remarketing partnership with the Group.’
Meanwhile, BCA has announced that Dominic Burr will be general manager of a new 20-acre multi-channel remarketing and logistics facility at Perry Bar, Birmingham. The new site will deliver a range of de-fleet, inspection, preparation, refurbishment, appraisal post-valet and logistics services. Remarketing facilities will include three auction halls and a digital auction suite.
Stuart Pearson, BCA operations director, said, ‘Dominic will take a central role in creating a strategic sales programme for Perry Barr and building the team that will run the most modern remarketing centre in Europe.’


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A Facebook user is taking his privacy campaign to the European Union’s highest court to prevent US intelligence agencies gaining access to his personal data.
Apple has been valued at more than $1tn – almost three times as much as Google, the US’s second most valuable company.
With the Nasdaq composite index trading near its highest level of all time, traders appear to be betting on stability in the world of technology. Yet one top tech analyst says conditions may not be as safe as they appear on the surface.
‘A million dollars isn’t cool. You know what’s cool? A billion dollars.”
Every day, thousands of people bid their money in eBay auctions, but on Friday, tech fans had the opportunity to get their hands on something unique and particularly valuable.
Google manipulated its search results to promote its own services over those of rival websites in ways that led to “real harm to consumers”, a previously unpublished report by American regulators has concluded.
Marissa Mayer has just one year to turn Yahoo into a thriving, growing prospect - or else the venerable business will become an acquisition target.
It is standing room only in court 602 of the superior court of San Francisco, the hallways are blocked by television news crews and satellite TV trucks line the sunny streets outside.
Apple’s lawyers tried to lower the temperature in the company’s fight with the US government on Tuesday, telling a federal judge that America’s Justice Department is well-meaning but wrong in its privacy standoff with the iPhone maker.
Windows 7 users are reporting that Windows 10 is automatically installing on their PCs without permission.
Silicon Valley’s leading companies – including Facebook, Google and Snapchat – are working on their own increased privacy technology as Apple fights the US government over encryption, the Guardian has learned.


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Russian trade representatives are ready to promote expansion of Bashkiria foreign economic relations
UFA, 12 July 2019. /Bashinform News Agency/ translated by Tatiana Aksyutina/.
Trade representatives of the Russian Federation in foreign countries will assist the Republic of Bashkortostan in expanding economic relations with foreign countries. This was discussed yesterday during a meeting of the delegation of the Ministry of Industry and Trade of the Russian Federation with representatives of business circles of the Republic of Bashkortostan, organized by the Chamber of Commerce and Industry RB and the State Committee RB for Foreign Economic Relations. The delegation of the Ministry of Industry and Trade of the Russian Federation included trade representatives of Russia in the UK, Pakistan, Kyrgyzstan, Abkhazia, Nicaragua, and Austria. The meeting was also attended by Ruslan Mirsayapov, Chairman of the State Committee for Foreign Economic Relations of the region, and Timur Khakimov, General Director of the Republican Chamber of Commerce and Industry.
Sales representatives told about the peculiarities of foreign trade activities in foreign countries, the most promising areas of work, the difficulties encountered when entering foreign markets and ways to solve them. The meeting participants also received detailed information on the possibilities of trade missions in providing assistance in establishing and maintaining business relations, conducting the negotiation process, participating in tenders, information support, organizing foreign business missions, presentations, and congress and exhibition events. It was noted that the provision of legal, economic and commercial information on the state of foreign markets to domestic companies remains an important area of trade mission activity, the State Committee for Foreign Economic Relations RB reports.
Within the framework of their stay in the republic, the trade representatives visited the companies “Grain” and “Potok-Trubnaya Company”.


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Fuming farmers from the length and breadth of the country have now accused South African authorities of using an animal health issue as an excuse to create a trade barrier for Namibian livestock, calling it nothing short of bullying tactics.
Irate farmers at an open day of the Meat Board last week expressed their frustration with the new livestock import rules implemented by South Arica on July 1 and they urged the Namibian government to immediately address the situation. This comes three weeks after the border with SA was for all practical purposes closed for Namibian exports on July 1.
Since then, the Namibian livestock industry of some N$2.2 billion has grinded to a halt with no animals leaving the country.
Two weeks ago, the vice-president of the Namibian National Farmers Union (NNFU) Abdal Mutjavikus also asked for immediate government intervention to halt the implementation of the almost impossible new South African livestock import regulations that will be catastrophic to the local livestock industry.
The NNFU, as representative of most communal and emerging farmers, says the negative consequences of these requirements will lead to drastic reduction in export volumes and massive losses of export revenue earnings for the country and the entire sector.
The NNFU and producers across the country have now raised their voices, demanding that government brings the new import regulations of South Africa to the attention of the World Trade Organisation (WTO) and put it on the agenda of the WTO Committee in October so that the world can see what SA is doing to Namibian producers.
Namibia was set to present its case before the Sanitary and Phyto Sanitary (SPS) Committee of the WTO in a bid to mitigate the new stringent livestock import restrictions by South Africa in March this year already but it did not materialise.
A few weeks ago, the Namibian Agricultural Union officially requested President Hage Geingob to intervene to help save the industry.
LPO chairperson Mecki Schneider has described the requirements as “trade restrictions requested by the SA Red Meat Producers Organisation (RPO), because they have no system in place to control the flow of animals to and from South Africa.”
The Meat Board has since 2013 been putting short-, medium- and long-term strategies in place in case of a scenario such as the one unfolding now.
These measures include the transformation of the Namibian weaner industry to an oxen production system.
The WTO was already in March informed about the expected consequences of the new rules and a Namibian delegation including representatives from the Directorate of Veterinary Services, the Agricultural Trade Forum and agricultural unions, as well as the Ministry of Industrialisation, Trade and SME Development was set to address the WTO.
General manager of the Meat Board Paul Strydom confirmed that the Meat Board, in cooperation with the Directorate of Veterinary Services, the Trade Forum, agricultural unions and the Directorate of Planning, is fully prepared to state Namibia’s case in light of South Africa’s new requirements. No animals from Namibia have been exported since July 1 when the South African Department of Agriculture, Forestry and Fisheries’ (DAFF) revised import requirements applicable to imports of live cattle, sheep and goats from neighbouring countries came into effect.
The new regulations demand that an entire cattle herd has to be tested for tuberculosis and Brucella bovis (lung sickness).
Strydom was quoted as saying although there were negotiations between Namibia and South Africa about the import regulations, and a deal was approved on how the exports should be entertained, this never materialised.
“We are still busy negotiating and currently goats and sheep have left the country, but no cattle have been exported due to the conditions.”
Namibia exports around 240 000 weaners, 140 000 sheep and 240 000 goats per year to South Africa.
Strydom said that the Meat Board’s argument against the import regulations is that the SOPs that were gazetted are much higher than those required by the World Organisation for Animal Health and this must be addressed. He stressed that this is not to have a legal case at the WTO committee, but to have it on the agenda and have it open for the public and other countries to observe what SA is doing. Meat Board’s Manager for Trade, Goliath Tujendapi said: “It is a trade barrier for us and when bringing it to the WTO, we must tell them this.”


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If you purchase an independently reviewed product or service through a link on our website, Footwear News may receive an affiliate commission.
A new iteration of the acclaimed Adidas Yeezy 500 sneaker is dropping soon.
Instagram user @jjoseph15 shared images of the Yeezy 500 “Granite,” a new colorway of the popular silhouette from Kanye West’s Adidas Yeezy line. According to sneaker leak social media account @yeezyinfluence, the style will reportedly hit shelves before month’s end.
The Adidas Yeezy 500 made its debut in April 2018 in the “Blush” colorway and years later, new iterations of the silhouette continue to sell out shortly after their release. The latest “Granite” makeup dons a simple gray color scheme predominantly on the mesh-based upper including throughout the suede overlay panels. The gray tones continue on the shoelaces, tongue, and sock liner. Rounding out the look is a gray adiPRENE+ midsole that’s designed to absorb impact while the light gray rubber outsole provides traction.
According to @yeezyinfluence on Instagram, the Adidas Yeezy 500 “Granite” will be released on May 14. The show will retail for $200. Although an early look and the release info of the shoe were shared by the aforementioned Instagram accounts, the drop has not yet been confirmed by the Three Stripes.
In related Adidas Yeezy news, Adidas confirmed via the Yeezy release calendar yesterday that the “Sulfur” colorway of the popular Yeezy 450 sneaker will drop this Saturday at Adidas.com/Yeezy, the Confirmed app, Yeezy Supply and at select Adidas Yeezy stockists. The shoe will be available exclusively in adult sizing and will come with a $200 price tag.


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In line with the overall vision of the Shri Narender Modi, Hon’ble Prime Minister to make India a Global Electronics powerhouse, the Government of India launched the ERSO Pilot initiative to validate certain transformational policy and process changes introduced to make India the Repair Capital of the World.
The ERSO pilot was launched by Shri Alkesh Kumar Sharma, Secretary, MeitY, Shri Rajiv Talwar, Member (Customs), CBIC, Mr M Srinivas, Principal Chief Commissioner Chennai & Bengaluru, Shri Bhuvnesh Kumar, Additional Secretary, MeitY & Shri. Raj Kumar Rishi, President, MAIT.
Demonstrating true commitment to the growth of Industry, MeitY, CBIC, DGFT & MoEF&CC converged with India’s apex ICT Association MAIT to bring about key policy and process related changes that seek to make India the most attractive repair destination for ICT products globally. MAIT expects that over the next 5 years, India’s ERSO industry is likely to fetch India upto $20 billion in revenue & also generate millions of jobs.
The project has been identified as a gamechanger for India and has been supported by GoI to make India a world leader in a hitherto untapped domain.
Five companies namely Flex, Lenovo, CTDI, R-Logic & Aforeserve are part of this pilot. Post the pilot a detailed assessment will be carried out and modifications made in the process & policy as necessary by the Government.
Speaking on the occasion, Col AA Jafri, Retd. DG MAIT said, “The ERSO initiative is in line with the PM’s clarion call to support Mission LiFE, and will be a gamechanger for Global environmental sustainability and reiterates India’s commitment to the environment and our planet. It will enable extension of device life globally by providing cheap and reliable repair of ICT products for the globe.”


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BRADENTON -- Downtown office workers have another venue for lunch.
Bradentown Scoop Ice Cream Parlor, 904 Manatee Ave. E., is serving food, along with the malts, banana splits and other ice scream delights they have been dishing up since they opened in February 2012.
"There was no one to manage the food service before I came on board," said Sheri Clinard, who is now running the old-time ice cream parlor for business owner Steve Parisian.
"We have some things from the old menu, but have added some new items," said Clinard, who started at Bradentown Scoop the first week of June.
Along with the soups and sandwiches that were served when the parlor opened, Clinard has added a salad plate, a grilled cheese with bacon, and a Cuban with a twist.
The salad plate is a scoop each of egg salad and tuna salad with tomatoes and cucumbers on a bed of lettuce and the "twist" on the Cuban is that pulled pork is substituted for the traditional roasted pork.
Also, soda jerk and food server, Alex Domer, 22, said Clinard has added tuna fish and peas to the macaroni salad, giving it an extra punch.
"But if you really want something delicious get the hotdog with cole slaw and hot sauce," Domer said.
"Since we've added the food," Clinard said, "we've seen an increase of about 50 percent in business."
Although the Philly cheesesteak sandwich, is the biggest seller, she said, the Coney dog she introduced is quickly becoming a popular menu favorite.
"I love the new place," said Clinard, who was at Lucky Dogs restaurant in downtown until it closed recently, "It has a lot of character."
The vintage ice cream parlor is located in the old Manatee Central Hotel, which Parisian purchased in 1999 and restored to its original early 20th century charm.
The center piece of Bradentown Scoop is the white Onyx bar and soda fountain dating from the early 1920s and came from a drug store that was once down the block from Bradentown Scoop, but closed in the 1940s.
To complete the feel of an ice cream parlor of days gone by, Parisian has placed antiques from the era through out the 1,200-square-foot shop.
Even though there was lull in food service for about year, crowds were still coming in for the profusion of ice flavors used to create the sundaes, splits, floats, sodas and shakes, or to enjoy scoops in a cone or dish.
And with a lime-green ice cream mustache, 5-year-old Michaela Kirk, of Jacksonville, attested to how good the ice cream tastes with a thumbs up sign as she ate a scoop of chocolate and rainbow Superman, "with sprinkles."
Michaela was visiting her grandmother, Debbie Daigle, and her great-grandmother, Helen Hattersley, in Bradenton, while her mother was taking care of a newborn sibling. "The ice cream was delicious," Daigle said, "I happened to be passing by and thought I'd bring my granddaughter and mother here for ice cream."
She liked the shop enough that she was coming back with her husband and granddaughter again sometime this week. Hattersley, who had a scoop of butter pecan ice cream, said the shop reminded her of the ice cream parlors in her home town of Statford, Conn.
Bradentown Scoop is open seven days a week, from 11 a.m.-9 p.m., Monday-Thursday; 11 a.m.-10 p.m., Friday and Saturday; and 1-7 p.m., Sunday.


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Day: 13 August 2018
New tech on the block: 8 ways businesses are using blockchain to drive sustainability
As the fruits of the Fourth Industrial Revolution continue to change how businesses operate within society, edie has rounded up eight of the most notable ways companies have been using blockchain to spur their sustainability actions.
Europe’s first bioenergy carbon capture project to assist drinks sector
Energy group Drax has announced that it is in talks with the British Beer & Pub Association to explore whether the CO2 captured during its bioenergy carbon capture and storage (BECCS) project could be used to tackle CO2 shortages in the beverage industry.
Lidl to install Ireland’s largest network of supermarket-based EV chargers
Budget supermarket chain Lidl has announced that it will install electric vehicle (EV) chargers at 20 of its stores across Ireland over the next six months, in a bid to host the nation's largest supermarket-based network of chargepoints.
A blueprint for business leadership: edie launches Sustainable Development Goals report
Sustainability and CSR professionals looking to embed the Sustainable Development Goals (SDGs) within their organisation's business strategy now have access to a comprehensive new report which breaks down everything there is to know about the global Goals.
Action inspires action. Stay ahead of the curve with sustainability and energy newsletters from edieSubscribe


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I was wondering what happened to Reggie lately. He probably had to go on vacation in the heart of a volcano or something to recharge, but low and behold he was back at the DICE conference last week with a vengeance.
He said he anticipates surpassing the installed base of the Xbox 360 with this sales rate.
“The question is when,” he said. “That’s going to be drivenn (sic) by our own sales rate and getting good software released at the right time. It’s clear they are slowing down. It’s not unthinkable to see that next year we could surpass their installed base.”
The PlayStation 2 is competition of sorts, but Reggie said it’s not direct. He said it is more like competition for the GameBoy Advance or the DS. I told him that Bill Gates said he didn’t believe that the Wii was direct competition for the Xbox 360.
“When you’re as rich as Bill is, you can say anything,” Reggie said. “They have done some things that are brilliant at Microsoft. We want to bring gaming back to the masses. Consumers are voting with their wallets and pocketbooks.”
But then he goes and says there are 90 hours of game play in Twilight Princess. I’d speak up about that but I know he’s got my phone tapped and would eat my face.


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A massive penalty hangs over Facebook’s head, but it otherwise had a very strong Q1 earnings report. Facebook reached 2.38 billion monthly users, up 2.5 percent from 2.32 billion in Q4 2018 when it grew 2.2 percent, and it now has 1.56 billion daily active users, up 2.63 percent from 1.52 billion last quarter when it grew 2 percent. Facebook pulled in $15.08 in revenue, up 26 percent year-over-year compared to Refinitiv’s consensus estimates of $14.98 billion in revenue.
Facebook recorded earnings per share of $0.85 compared to estimates of $1.63 EPS. However, that’s because Facebook has set aside $3 billion to cover a potential FTC fine that it’s still resolving. Without that fine, it would have had an EPS of $1.89. Despite the set-aside, Facebook still earned $2.429 billion in profit, though that’s down from $4.988 a year ago and $6.8 billion in Q4 2018.
Facebook’s share price rose 4.89 percent to $191.50 after closing before earnings at $182.58, way up from its recent low of $124.06 in December. Wall Street seems to have already priced in the potential FTC fine. Facebook has agreed to strict oversight of how it handled user privacy in a 2011 deal with the FTC. It promised to not misrepresent its privacy practices or change privacy controls without user permission, and it’s now negotiating the fine for potentially breaking those terms.
Facebook wrote in its earnings release about the FTC fine that:
“In the first quarter of 2019, we reasonably estimated a probable loss and recorded an accrual of $3.0 billion in connection with the inquiry of the FTC into our platform and user data practices, which accrual is included in accrued expenses and other current liabilities on our condensed consolidated balance sheet. We estimate that the range of loss in this matter is $3.0 billion to $5.0 billion. The matter remains unresolved, and there can be no assurance as to the timing or the terms of any final outcome.”
It’s possible Facebook escapes with a lesser fine that would likely still dwarf Google’s $22.5 million penalty for violating an FTC privacy deal. But it also might have to drag down a future quarter of earnings if the fine ranges as high as $5 billion or larger. Though Facebook does have $45.2 billion in cash and securities on hand to pay that fine and make any necessary acquisitions.
Facebook has managed to hold on to its 66 percent daily to monthly user ratio, showing people aren’t necessarily using it less despite all the backlash. But Facebook failed to grow past its 186 million daily user count in the US & Canada where it got stuck last quarter, but at least it added 4 million in its lucrative Europe market, plus it had atypically large gains in Asia-Pacific and the Rest Of World regions. As for monetization, Facebook made modest gains in average revenue per user across markets compared to Q3 2018 (excluding the holiday-laden Q4). Europe did especially well, growing ARPU 8.2 percent.
Zooming out, Facebook now has over 2.7 billion total mothly users across its family of Facebook, Messenger, Instagram, and WhatsApp, the same as last quarter. 2.1 billion people use at least one of those apps daily, up from 2 billion last quarter.
This is the first earnings report of a full quarter following Facebook’s worst-ever security breach in September that impacted 50 million users, shaking confidence in the social network’s privacy and security. It’s also the first full quarter in which Facebook sold its own branded hardware — its Portal video chat device that was well received by critics except for the fact that it was made by Facebook.
Yet the defining story continues to be Facebook’s struggle with claims that its developer platform endangered user privacy and steamrolled competitors in search of growth. The fact that Facebook isn’t losing massive numbers of users after years of sustained scandals is a testament to how deeply it’s woven itself into people’s lives.


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Androlib has said this week that the Android Market has reached a new milestone, 200,000 apps, just months after October's announcement of 100,000.
Furthermore, the site says a total of 2.56 billion apps have been downloaded in the Market's history.
Since October, Rovio released their extremely popular Angry Birds and Angry Birds Seasons, Epic Games released a gaming development tool, and social gaming giant Zynga has begun to focus on the platform, explains TG, leading to much more visibility of the market.
Google said recently that 300,000 Android devices are activated every day.
For comparison's sake, the older Apple iOS App Store has over 305,000 apps and the baby Windows Phone 7 marketplace has 5000 apps. RIM's more selective BlackBerry World has 15,000 apps.
The site also brings up an interesting figure in the free vs. paid discussion, showing how 99 percent of the most popular apps in the store (those with 250,000 or higher downloads) are free. 1411 of the 1414 apps with those kind of download figures are free, but many are supported by ads, like Angry Birds.


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Realme Narzo series may be getting new models soon. Launched right after the lockdown was eased during the pandemic, the Narzo 10 and Narzo 10A smartphones debuted to fill the gap between the Realme C-series and Realme 6-series. A fresh tip has suggested the Oppo offshoot might be working on Narzo 20 series already and that it might launch soon in India.
Per the tipster Mukul Sharma, who goes by @stufflistings on Twitter, citing a source aware of the development, Realme could launch two smartphones under the sequel Narzo series. The company is jumping directly to the number 20, which sounds logical and less confusing than some of its other lines. However, the biggest change will be that the Narzo 20 series will have a Pro variant in place of the 'A' variant. This means Realme Narzo 20 and Narzo 20 Pro could be in works.
The specifications or design of the Narzo 20 series is not out yet but we expect the smartphones could be rebranded versions of existing Realme smartphones that are not sold in India. The Narzo 10 (Review) was a rebadge of the Realme 6i that is sold only in select countries such as Myanmar, but there is another Realme 6i that is available in India and European markets. Interestingly, the Realme 6i sold in Myanmar sells as Realme 6s in European markets, as well. And the Narzo 10A was just another Realme C3 triple-camera version, which never made it to the Indian market.
I am not sure what the Narzo 20 series smartphones will pack but their specifications will be an upgrade over what the Narzo 10 and Narzo 10A brought in. It will also be interesting to see what price segment they will cater to, given the original Narzo series is not old yet. The price gap between the Narzo 10 and Realme 6i is quite low, so that does not really make space for Narzo 20 to exist. And if Narzo 20 comes at the price of Narzo 10, it will cannibalise the latter's business. In any case, this is just a rumour and Realme is yet to announce them officially. So the readers better take this piece of information with a pinch of salt.


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MORGANTOWN, W.Va. (WBOY) — Business experts have determined that the best place in America to open a secondhand clothing store is in West Virginia.
According to the study by Income Nerd that included 200 cities, people in Morgantown are looking for used fashion more than in any other city.
Based on searches for related terms, Morgantown residents make 1,324 searches for thrift clothing per 100,000 people. Although Morgantown only has about 30,000 full-time residents, based on that metric, the only other city that has even close to Morgantown’s demand for thrift stores is Newark, Delaware.
The search data may be skewed because of Morgantown’s high percentage of college students. Roughly half of Morgantown’s population during the school year is West Virginia University students. If Income Nerd chose not to include students in Morgantown’s population, that could account for Morgantown’s high rank.
Regardless, thrift stores do seem to be thriving in the area. Based on Google Maps, there are about a dozen thrift stores that are operating in the Morgantown area.
Charleston, West Virginia also made the list of the top 10 best cities to open a secondhand clothing store. Coming in at number eight, Charleston residents searched for thrifted clothing-related search terms 709 times per 100,000 people.
Although two West Virginia cities were deemed a perfect place to start a preloved fashion empire, statewide, West Virginia wasn’t as interested. Based on the study, the best states were Vermont, Oregon, Rhode Island, New York and California.


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- July arabica coffee fell 1.5% to $1.5210 per lb.
- July raw sugar fell 0.5% to 17.47 cents per lb, having hit a 1-1/2 week high of 17.89 cents earlier on Thursday.
LONDON: Arabica coffee futures on ICE fell on Friday as the market consolidated after hitting a four-year peak in the prior session, while raw sugar and cocoa also fell.
July arabica coffee fell 1.5% to $1.5210 per lb at 1115 GMT, having hit $1.5540 on Thursday, its highest since January 2017.
Arabica has been supported by dry weather in top producer Brazil that is expected to reduce this year's harvest.
Also giving the market a boost, the Brazilian real has been strengthening, hitting its highest in more than three months on Thursday.
A strong real deters farmers and exporters from selling dollar-priced arabica by lowering returns in local currency terms.
July robusta coffee fell 0.6% to $1,538 a tonne.
July raw sugar fell 0.5% to 17.47 cents per lb, having hit a 1-1/2 week high of 17.89 cents earlier on Thursday.
Dealers said sugar might see some selling near term given the widening discount for the July contract versus October, a bearish signal indicating increased nearby supply.
They added however, July should find support below 17.20, with a deteriorating supply outlook in top producer Brazil meaning the market is ultimately still poised for gains.
August white sugar fell 0.5% to $460.40 a tonne.
July New York cocoa fell 0.7% to $2,396 a tonne. The contract hit a 5-1/2 month low of $2,347 on Tuesday.
July London cocoa fell 0.7% to 1,600 pounds per tonne. The contract hit its lowest since last July on Tuesday at $1,575.
Cocoa has been pressured by surplus supply in the current season.


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The 5008 is the latest number from Peugeot. It will be here by mid next year.
IN brand-speak, it is “the first SUV to offer modularity on a par with that of the best people carriers”.
Translation: The 5008 is a sizeable Peugeot seven-seater crossover with slight off-roading pretension, similar is size to the Kia Sorento, Hyundai’ s Santa Fe, the Mazda CX-9 and Renault’s just launched second-generation Koleos.
Meaning? It’s a familiar fare for Kiwis, and potentially a winning formula for the French marque’s distributor, given that SUVS – particularly of this size – are capturing significant sales at the moment.
Peugeot New Zealand has confirmed the model is being considered for local launch around April 2017, making it the second SUV it will release next year following the next size-down 3008.
The local market announcement was made yesterday, to time with the international release of images of the model, which has its full reveal at the Paris International Motor Show later this month.
The 3008 and 5008 models are incredibly important to Peugeot here; it is virtually set to reinvent as a SUV specialist, having felt the bite of diminished interest in orthodox passenger cars.
While the 208 and 308 hatchbacks are hanging on, it dropped the 508 large sedan at the start of the year. The last SUV of this type offered by Peugeot was the 4007, a derivation of the previous Mitsubishi Outlander (built in Japan) that sat in the medium sector.
Simon Rose, the divisional manager of Peugeot New Zealand, believes the 5008, as the first truly big SUV Peugeot has offered here, will be a key model.
“The all-new 5008 will be perfectly suited for the New Zealand market, offering the flexibility, power, space and lifestyle appeal Kiwi families really want.
“It will change the market offering for us in New Zealand by appealing to an entirely new range of conquest customers.”
This is the second generation of 5008 but also a fresh start, as the previous car was a people carrier.
With MPVs no longer in vogue, Peugeot has re-written the formula ; the end result being a car that is radical departure from its forebear insofar as exterior styling is concerned – now it is very much a sister ship to the 3008 – but still maintaining MPV-ish flexbility within.
It’s not a wholly new idea ; Mazda having gone down much the same track with the new and just-landed CX-9.
Full 5008 details have yet to be revealed, but the brand’s images show it has the same sort of dahsboard as the 3008, with all the latest i-Cockpit design features of a compact steering wheel, eight-inch central touchscreen and a larger digital instrument cluster.
Rose says final local market specifications have yet to be finalised. Ambient lighting, massage seats and in-car fragrances, LED headlamps, wireless smartphone charging and a panoramic glass roof are among features notified in France.
A suite of active safety features also apply. These include Advanced Grip Control with Hill Assist Descent Control, Automatic Emergency Braking, Distance Alert, Active Lane Keeping Assistance, Driver Attention Warning, Smart Beam Assistance, Speed Sign Recognition and Speed Suggestion, Adaptive Cruise Control with stop feature (automatic variants only), Active Blind Spot Monitoring, Park Assist, and Visio Park which provides 360-degree vision.
Model variants span Access, Active, Allure, GT Line and sportier GT trims.
The three separated and foldable second-row seats have length and inclination adjustment, while the two seats in the third row are also separate, foldable and even removable. Peugeot claims a boot capacity of 1060 litres; the largest in its class according to the make.
In Europe, engine choices span four petrol and six diesel powertrains; of these a 123kW turbo-diesel unit and a 134kW petrol engine seemed best positioned for launch here.
The 5008 is based, like the 3008, on the EMP2 platform that was also the basis of the large Citroen Picasso and Grand Picasso MPVs that have also been pulled from local sale after failing to pull interest.
However, it now seems the double chevron brand is set to apply the same rebirth process meted the 5008, with a new SUV - codenamed C84 – to be built alongside the Peugeot and a another Citroen also on this platform, the E-Mehari, at a plant in western France.
It is said the C84 will be based on the Aircross concept seen at the 2015 Shanghai motor show.
The production C84 is expected to replace the low volume C4 Aircross, which is a rebadged Mitsubishi ASX.


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Mach Xtreme Technology expands its FX USB 3.0 flash drive lineup with a 16GB model that offers best-in-class read and write speeds.
Taipei, Taiwan – September 30, 2010 – Mach Xtreme Technology Inc., a worldwide leader in top performance, high reliability and user-friendly designed PC components, expands its FX™ USB 3.0 flash drives series with a 16GB model.
As PCs become increasingly powerful and able to process more content, users are starting to move large amounts data; using traditional flash drives to transfer gigabytes of data is becoming a time consuming process. Mach Xtreme addresses the need for high-speed data transfers with its FX USB 3.0 flash drives – the MX-FX USB 3.0 offers best-in-class read and write speeds of up to 125MB/sec and 55MB/sec respectively. At 78mm x 27mm x 9.3mm, it is also the most compact USB 3.0 flash drive on the market.
The MX-FX 16GB is backed by a 3-year warranty, and will be available in worldwide retail and e-tail starting Friday, October 1st.


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Asobo and Microsoft have taken the wraps off of Sim Update 8 which came out earlier today. The approximately 4 GB sim update and 500 mb update in the Xbox app brings with it a range of fixes and new features.
Marketplace, propeller sim update, more
Version 126.96.36.199 aka Sim Update 8 is now out for Microsoft Flight Simulator. There’s a significant list of features included in the update not least of which is the new propeller simulation system which has been added to the Cessna 152, Cessna 208 and King Air 350i. There’s also a new marketplace interface which includes a map display that will show off available airports and offers increased discoverability for new content.
The patch also appears aimed at stability fixes. Several crashes have been fixed and ongoing optimization are also on display in the new update. There are fixes to the live weather system, VR bugs have been squashed, and a huge list of miscellaneous fixes ranging from aircraft model details to avionics have also been dealt with.
In short, this seems to be an update focused less on new flashy features and is instead aimed at the core of the product. A lot of sim pilots have called for developers to work on their core product and this appears to be what Asobo has done with this latest update.


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2018 has already brought us some killer After Effects tutorials. In this roundup, we’ve collected our favorite five to help you keep up.
Building your own PC can dramatically increase your editing performance for a fraction of the cost of buying a pre-built machine.
With the huge tech conference CES 2018 starting today, DJI has just rolled out some new products that are sure to turn heads.
In which we explore everything from the brainstorming to the post-production behind Netflix’s acclaimed series “Mindhunter.”
Shooting a wedding video on your own? Here’s how to be in the right place at the right time with the best equipment for those crucial shots.
Adobe has released their fall 2017 updates for Creative Cloud. Here are some of the new features that you can use to streamline your editing workflow.


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The facility is only the second of its kind in Ireland, GSK said. It brings total investment in the existing facility over the past two years to more than €23m.
GSK in Dungarvan produces a variety of over-the-counter pharmacy and oral care products and is the global home of Panadol.
Around 6.5bn Panadol tablets are produced in Dungarvan each year — 150 tablets per second — exporting to over 70 countries worldwide. The company has been in Dungarvan for 37 years, and employs 700 people across two sites.
The new facility uses locally sourced woodchips to create a carbon-neutral fuel source for the site and is part of GSK’s global sustainability strategy which supports the company’s carbon neutral policy.
GSK Dungarvan site manager Brian Fox said: “This investment from GSK is a significant vote of confidence in the Dungarvan facility, as well as in the capabilities of the town and people of Dungarvan. GSK is in Dungarvan 35 years this year and this investment will underpin our existing investments here and our sizeable workforce. It will also significantly enhance Dungarvan’s role in GSK’s global business.”
GSK in Cork produces the active ingredients for a range of medicines for diseases such as childhood cancer, depression, diabetes, HIV, Parkinson’s disease, and arthritis. Sligo is dedicated to skincare, producing around 30m skin-health medicines and products a year, while GSK’s Dublin headquarters is home to its pharmaceuticals and consumer healthcare businesses.


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Yummy Corporation, which claims to be the largest cloud kitchen management company in Indonesia, has raised $12 million in Series B funding, led by SoftBank Ventures Asia. Co-founder and chief executive officer Mario Suntanu told TechCrunch that the capital will be used to expand into more major cities and on developing its tech platform, including data analytics.
Other participants in the round included returning investors Intudo Ventures and Sovereign’s Capital, and new backers Vectr Ventures, AppWorks, Quest Ventures, Coca Cola Amatil X and Palm Drive Capital. The Series B brings Yummy Corporation’s total raised so far to $19.5 million.
Launched in June 2019, Yummy Corporation’s network of cloud kitchens, called Yummykitchen, now includes more than 70 HACCP-certified facilities in Jakarta, Bandung and Medan. It partners with more than 50 food and beverage (F&B) companies, including major brands like Ismaya Group and Sour Sally Group.
The number of cloud kitchens in Southeast Asia has grown quickly over the past year, driven by demand for food deliveries that began increasing even before the pandemic. But for F&B brands that rely on deliveries for a good part of their revenue, running their own kitchens and staff can be cost-prohibitive. Sharing cloud kitchens with other businesses can help increase their margins.


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PORTLAND, Ore. – Daimler Trucks North America (DTNA) has announced it is building or remodeling more than 40 locations in the U.S. and Canada, adding 700 or more service bays this year
“This expansion represents an investment by DTNA’s dealer partners towards a mutual commitment to a 24-hour or less repair turnaround,” said Kevin Bangston, general manager, dealer network development, DTNA. “The need of our customers for maximum uptime has never been more apparent than it is in today’s environment. They are what makes the complex logistics and supply chain of our global economy work. When our customers do need service, DTNA and our dealers are committed to getting them back on the road as quickly as possible.”
The new service bays will potentially increase network capacity by up to 3.5 million service hours per year, Daimler says. In Canada, Winnipeg will see a new 30-plus bay facility currently under construction, and a Montreal location with 20 service bays is expected to open by the end of the year.
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The BSE listed Captain Polyplast Limited (CPL) has an operating revenue of Rs 64.3 crore. Apart from this, there has been a jump of 3 percent in the EBITDA of the company. EBITDA on an annual basis stood at Rs 7.4 crore.
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Company’s profit jumped 12.5 percent
Apart from this, if we talk about the profit of the company, then it has seen a jump of about 12.5 percent. According to the report, apart from the core business, CPL also expects good growth from its complementary products. The core business of the company is of micro irrigation products. Due to this the company gets 95 percent revenue. The revenue sharing of complementary products is also expected to increase. These include products like Sole Equipments, Water Soluble Fertilizers.
What did the MD of the company say?
Ramesh Khichdia, Chairman and Managing Director of the company said, “At the Solar EPC segment, our focus is on sustainable products and technology. This will help us participate in the government’s drive to increase India’s renewable energy capacity to 175 GW by 2022. ” He further said, “By focusing on renewable energy and drip irrigation, we can see good growth in the coming years.” The report said that looking at the past performance, the top-line of CPL grew at a CAGR of 8.4 per cent in FY 20216-21, indicating steady progress.
There will be good development in the coming 5 years
The company believes that there is a good scope in the micro irrigation business. The company can do good development in the coming 5 years. Apart from this, it can also benefit from the government’s agricultural irrigation scheme. The government has made a plan to invest 50 thousand crore rupees in the coming 5 years under this scheme.
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What is the business of the company?
CPL is a holding company engaged in the business of manufacturing and selling of Micro Irrigation Systems and Allied Products. The company manufactures, exports and trades high density polyethylene (HDPE) pipes and irrigation equipment including drip irrigation systems, sprinkler irrigation systems, disc filters, screen filters, hydro-cyclone filters, sand (gravel) filters, compression fittings.
The company has also added ancillary products like solar pumps, rooftop solar, water soluble fertilizers etc., sold through the existing distribution network. CPL is a channel partner of IOCL for marketing its polymer products in Gujarat. The company’s plant is located at Shapar (Veraval), Rajkot, India.
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