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Lululemon is kicking off the holiday week with some big news: It’s acquiring at-home fitness company Mirror.
The deal marks the first major acquisition for athletic apparel brand Lululemon. Mirror provides on-demand and live classes and personal training sessions that are broadcast on a wall-mounted device, a mirror that doubles as a screen, with a retail price of $1,495.
“In 2019, we detailed our vision to be the experiential brand that ignites a community of people living the sweatlife through sweat, grow and connect,” said Lululemon CEO Calvin McDonald in a statement. “The acquisition of Mirror is an exciting opportunity to build upon that vision, enhance our digital and interactive capabilities and deepen our roots in the sweatlife.”
Lululemon and Mirror already had a relationship: Lululemon invested in Mirror last year and had a content partnership. It’s Lululemon’s first major acquisition and points to a desire for the brand to go beyond the apparel space. Last April, Lululemon outlined a “strategic plan to accelerate growth,” stating its desire to create “omni-guest experiences” and embrace “market expansion.”
“We are thrilled to officially become a part of the Lululemon family,” said Brynn Putnam, Mirror’s founder and CEO. “As part of Lululemon, Mirror can further strengthen its position and accelerate its growth by leveraging Lululemon’s deep relationships with its guests, ambassadors and communities, as well as the company’s infrastructure, including its store network and ecommerce channels, to acquire new users.”
The deal is a sign of faith in the at-home fitness space, which was already seeing a rise in popularity prepandemic thanks to companies like Mirror and competitor Peloton. Of course, Covid-19 has only provided a boost to such brands, like Obé Fitness, which saw 70% month-over-month growth from March to April.
According to The New York Times, Mirror expects to bring in $100 million in revenue this year.
Mirror will still operate as a separate company under the Lululemon umbrella, and Putnam will remain at the helm of Mirror.


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Etisalat signs strategic deal with Entiretec
Dubai, October 27, 2013
Etisalat, the leading telecom company in the Middle East and Africa, has announced its partnership with Entiretec, a leading managed services provider, to offer bandwidth-on-demand services based on its CLT – Core Layer Technology.
The partnership will enable Etisalat to provide high speed internet access with bandwidth-on-demand up to speeds of 1 GB, the Emirati firm said on the sidelines of the Gitex expo. It will significantly boost Etisalat’s hospitality offering, it added.
This solution provides hotels with the ability to increase and decrease the bandwidth they provide to various areas of their premises from their regular monthly allowance as needs fluctuate – such as when the hotel is hosting a conference.
The managed bandwidth-on-demand service from Etisalat, powered by Entiretec’s CLT, is an ideal adaptable solution for the hospitality and leisure vertical that enables hotels to make efficiency savings by converting capital costs into operational costs, said the company statement.
“Hotel and conference guests are becoming ever more data hungry, and increasingly expect their hotels to have world-class data speeds. This partnership ensures that Etisalat’s hotel customers can always keep pace with their guests’ demands with a quality on-demand internet service,” said Abdulla Hashim, senior vice president (ICT) for Etisalat UAE.
It also empowers hotels to manage their broadband usage more effectively, with extra bandwidth outside their usual usage allocation being charged per megabyte, per day, he added.
Julian Kraft, the Entiretec MD (Middle East) said: “We are very excited to partner with Etisalat on their business connectivity services through our solutions and global managed services. This will allow both of us to be more flexible with the technology the hospitality vertical demands and we can scale the solutions to customers’ needs within their core business.”-TradeArabia News Service

domain: news


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Global Pet Expo, presented by the American Pet Products Association (APPA) and Pet Industry Distributors Association (PIDA), is set to take place March 22-24, 2017 in Orlando, Florida at the Orange County Convention Center.
As the first industry trade show of the year, Global Pet Expo will feature more than 1,200 companies from around the world, showcasing the latest and greatest products available for all types of pets including dogs, cats, birds, fish, reptiles, small animals and horses. The Show is the largest pet products trade show in the United States showcasing 16 football fields’ worth of pet products, more than 3,000 product-launches and 150 first-time exhibiting companies. Ranked one of the top 100 trade shows in the nation by Trade Show Executive Magazine, the Show has also grown in recent years with special sections like the “International Pavilions,” “Natural Pet,” “Boutique,” “Everything Aquatic,” and “What’s New!” drawing specialty manufacturers and attendees alike.
One of the Show’s top attractions, the New Products Showcase, is an opportunity for pet product manufacturers to highlight their newest lines and innovations, and a place for attendees to preview all the newest products hitting the industry in one dedicated location at the Show. This 30,000 square-foot space on the trade show floor is set aside to recognize the year's best creative efforts in New Products and Point-of-Purchase Displays. With more than 1,000 entries expected, this is the largest new products showcase at any pet product industry trade show in the world. The New Products Showcase “Best in Show” awards are among the most coveted awards given in the industry. Winners will be announced at the Seventh Annual New Products Showcase Awards presentation. In order to be eligible to win, products must be entered in the New Products Showcase.
Additionally, the 6th Annual Retailer Excellence Awards presented by Global Pet Expo & Pet Business will be announced on Thursday, March 23, 2017 at 8am during the pet industry breakfast. The Retailer Excellence Awards are designed to honor outstanding independent pet stores in a variety of categories.
The 2016 Show featured 6,170 buyers, 1,087 exhibitors and 3,218 booths sold – the highest post-show numbers to date. Total Show attendance came to 15,478 people, and the extended exhibit space to accommodate the growing number of booths and attendees came in at 320,000 net square feet, (nearly 10,000 feet larger than 2015). On a truly global front, 21% of exhibitors were international, making up 233 of the 1,087 exhibitors. An impressive 24% of buyers were from outside of the U.S., coming from 76 countries – continuing to position Global Pet Expo as a key trading opportunity for companies from around the world. The Global Pet Expo Academy Seminars also enjoyed impressive growth with a 20% spike in attendance at 1,400 participants.
Global Pet Expo is open to independent retailers, distributors, mass-market buyers, and other qualified professionals. This show is not open to the general public. For more information, please visit www.globalpetexpo.org.


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NIGERIA – The South African food and grocery retailer has opened its twenty-fifth store in the newly opened shopping mall, Novare Central, Wuse, Abuja saying the new outlet will offer more choices to customers in the region, reported the Vanguard.
Shoprite said it continues to give customers lower prices on grocery items as it strives to become the largest food retailer in Africa.
The new store features a number of in-store fresh food departments including a Meat Market, Bakery and Fresh Fruit & Vegetables, with a range of quality products present.
An in-store kiosk equipped with a Quickteller will allow customers make monthly payments thus, ensuring convenience and also save time.
“The trading hours in Shoprite Wuse is not different as the store opens to business from 9:00 to 21:00 from Mondays to Sundays,” said Branch Manager, Shoprite Nigeria, Musa Usman.
He noted that customers could save time by utilizing a wide range of services available at the stores.
Shoprite entered Nigeria with the opening of its first store in Lagos in December 2005.
The retailer which boasts of a wide range of products, high standards of freshness and quality has a strong presence in Southern Nigeria where it has more than seven stores.
In pursuit of the growing middle class, it opened its first store in Northern Nigeria in 2014 in Kano City despite insecurity concerns brought about by Islamist insurgency led by Boko Haram.
This bold move showed the retailer’s gumption in balancing the security risk of doing business with the potential of the market in the North.
Its rapid expansion can be attributed to a commitment to supporting local entreprise and sourcing 80% of their products locally.
Through the Community Network initiative, Shoprite prioritizes community development having been able to enrich the lives of many underprivileged children and youths within Nigeria.


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First time e-commerce site visitors are unlikely to buy anything
02 March 2017 - 11:12 by Simon Crisp
A new survey from Episerver has found that nine out of 10 people who visit a site that offers safe shopping online for the first time do not do so with the intention of completing a purchase, according to Internet Retailing.
It was also revealed that 98 per cent of people have chosen not to buy anything because the content they encounter either features some inaccuracies, or is not presented in a fully formed manner, with expected elements missing.
While this could be seen as an indication of the innate problems with e-commerce site design, analysts also believe that this shows that retailers need to rethink the types of experiences they offer in order to cater to the differing intentions of first time visitors.
Over a third of those questioned said that they thought retailers could do more to make the experience of shopping online more personal to their needs. Less than a tenth said that this was something that was generally handled successfully by the sites they visit.
The report looked into how the desktop and mobile experiences differ in this respect, with analysts concluding that retailers should invest in overhauling their presence on portable platforms and making mobile sites and apps more customisable.
Conversely, the areas in which the greatest efforts are being invested by retailers include the provision of location-based offers to customers, the creation of engaging image-based content and experimentation with VR and AR.
The study found that many shoppers are more likely to remain loyal to a specific retail brand if they are able to enjoy a tailor made e-commerce experience, but at the moment many companies are turning their attentions elsewhere, which could be detrimental to their market success in the long term.


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ALEXANDRIA, Va.—This week’s Crack the Code
theme of Essential Strategies for Essential Businesses delivers a strong reminder of just how critical our industry is to our communities, especially in times of crisis. If you have not yet registered, you still can and get access to the entire experience and on-demand and upcoming content.
- On Monday, motivational storyteller Kevin Brown talks about how businesses can bring out the inner heroes in their staff.
- Kevin Smartt, 2020-21 NACS chairman and president and CEO of Kwik Chek Food Stores, was the sole retailer voice during a May 2020 U.S. Senate Judiciary Committee hearing on liability protection, and on Tuesday he shares why c-stores are essential businesses for the communities they serve. He also highlights how his Texas-based company is redefining its offer.
- On Wednesday, Rachel Krupa, CEO and founder of The Goods Mart—located in a coronavirus epicenter, New York City—tells the riveting story of how she reinvented her store’s offer and doubled down on community outreach.
- Thursday, Lori Stillman, NACS vice president of research, takes a look at how industry sales and broad consumer trends have evolved over the past six months and what NACS data tell us.
And the above doesn't even include the more than 10 education sessions debuting this week, as well as the more then 20 sessions that are available for on-demand viewing.
And also not mentioned yet: Travis Sheetz, COO and president of Sheetz. Retailers, mark your calendar for the Monday Meetup on November 16 at 5:30 p.m. EST. Sheetz hosts an intimate, retailer-only, one-hour online session to talk everything from expansion to innovation; customer experience to curbside delivery and much more—a fun and engaging opportunity to get shmart answers to your burning questionz!
New products, unique flavor profiles, innovations and package sizes are found in the NACS Crack the Code Experience showrooms. The more than 5,000 products on display include:
- 447 beer/wine products
- 1,417 candy products
- 1,560 salty snacks products
- 1,700+ alternative snack options
And the Cool New Products Showroom grows bigger each day. The Top 10 Cool New Products each week are chosen by attendees who “loved” their favorite new products.
If you’re a small operator, mark your calendar for next week’s Strategies for Adapting to a Competitive Environment session, delivered live in an engaging real-time format unlike any other education session. Additional (free) registration is required and class is limited to the first 50 who sign up.
What are you waiting for? Register today.


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More than 100 people are set to lose their jobs at the former Cabela's credit card operation.
Capital One Financial, which took over the operation just more than a year ago as part of the Bass Pro Shops purchase of Cabela's, is cutting about 150 jobs at its Lincoln operation at 4800 N.W. First St., a company spokesman confirmed Monday.
The company had filed a notice with the Nebraska Department of Labor last week that it plans to lay off 153 people in 61 different job titles within the next several months, with another two employees taking voluntary retirement. Such a notice is required under the Worker Adjustment and Retraining Notification Act when a company plans to lay off a large number of workers.
The company expected the first separations to take place Dec. 7, with the layoffs wrapping up around March 1. Many employees were already being given 60-day notices that their positions are being terminated.
Capital One said in a statement that the Lincoln location will remain as a site focused on servicing customers of the Cabela's Club credit card.
List provided as part of notice to state Labor Department.
However, "some specialized responsibilities are transitioning to other sites within our footprint where we have similar, well-established teams," the statement said. "This includes groups focused on fraud, recoveries, some back-office service positions and horizontal support roles."
Capital One said affected employees can apply for other open positions within the company. Those who choose not to apply or are unable to find another job internally will receive a severance package, as well as assistance to find another job.
As part of Cabela's $5 billion sale to Bass Pro Shops last year, its World's Foremost Bank subsidiary was sold to Synovus Financial, which in turn sold the Cabela's credit card portfolio to Capital One.
Capital One, which has a 10-year contract to market the Cabela's Club credit card, said at the time that it planned to keep the operation in Lincoln, and it retained nearly all of the 500 or so employees.
The cuts in Lincoln add to the job losses in Sidney, as Bass Pro pares back operations in the former home of Cabela's corporate headquarters. Earlier this year, about 300 Cabela's employees in Sidney took buyouts that were as high as $40,000 per person for some long-term workers, in addition to whatever regular severance payments they received.


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Microsoft will be releasing its much awaited Windows 10 much earlier than expected. The new operating system is revealed to be coming up this summer.
The software will be available in 190 countries and in 111 languages. Microsoft had already announced that Windows 10 would be a free upgrade to PC and tablet users running Windows 7 and Windows 8.1 so long as they downloaded the software within the first year that it is available. (There is no Windows 9.)
The upgrade will also be free for phones running Windows Phone 8.1 as well as those with the company’s Xbox One game system.
The decision to launch Windows 10 in the summer came as a bit of a surprise given the company’s past tradition of releasing new Windows software in the fall. The summer release also looks to put Windows 10 at the heart of the back-to-school shopping season, a traditionally strong computer-buying period.
Microsoft may be hoping that Windows 10’s improved design and new features like Cortana and Xbox integration will appeal to prospective PC buyers. According toresearch firm NPD Group, retail PC sales grew close to 3% last back-to-school season, though Windows PC sales were down 3% compared to the prior year. Rival Apple’s Mac computers were up 14% and Google’s Chrome OS sales were up 37%.


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Coty UK and Ireland announces senior appointments
Image, left to right: Alexis Vaganay, Andrew Kelsall, Daniel Minney
Beauty conglomerate Coty has announced new senior appointments to its management team for the UK and Ireland. Coty, whose brands include leading professional nail brand OPI, has named three new general managers.
Daniel Minney has been named general manager, Coty Consumer Beauty, Alexis Vaganay general manager, Coty Luxury and Andrew Kelsall, general manger Coty Professional Beauty.
All appointments are for the UK and Irish markets and will come into effect following Coty’s merger with P&G Specialist Beauty, which is expected to be completed in October.
Daniel Minney is currently managing director for the UK and Ireland for P&G brand Wella and has 25 years’ experience of working with different P&G brands across a selection of markets.
Minney said: “The Coty consumer beauty brand portfolio is outstanding and I look forward to leading the new team.”
Alexis Vaganay is currently vice president of marketing for North America at Bic, and previously also worked for Unilever. His background includes a number of marketing roles across the European and North American markets.
Vagany said: “I am trilled to be joining Coty and look forward to leading the talented teams from Coty and P&G to enable Coty Luxury to win the market.”
Andrew Kelsall, currently managing director for Wella Brazil, has more than 20 years’ sales and management experience.
He said: “I am delighted to lead one of the biggest market for Coty Professional Beauty globally. My priority will be to continue growing together with our salon and stylist partners through education, innovation and inspiration.”


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These new Garnier haircare products have been unveiled by the brand in a bid to help expand its naturally sourced offerings for consumers as they seek out more natural ways to maintain their hair. The new products will be observed across the Fructis and Whole Blends lines, which are all focused on delivering a more natural range of ingredients that consumers can feel good about using. The products including shampoos, conditioners, hair masks, styling products and more that are naturally sourced or free from specific ingredients like parabens.
The new Garnier haircare products will start hitting shelves in January 2021 and are part of the continued popularity of natural. personal care products as consumers seek out alternative ways to look their best.
These Garnier Haircare Products Feature a More Natural Recipe
1. Naturally Sourced Haircare - The trend towards naturally sourced haircare products presents a disruptive innovation opportunity for brands to cater to consumer demand for more natural and sustainable options.
2. Expanding Natural Offerings - The trend of expanding natural offerings in the haircare industry creates an opportunity for brands to introduce new lines of products that prioritize natural ingredients and appeal to eco-conscious consumers.
3. Alternative Personal Care - The trend of consumers seeking out alternative ways to look their best opens up opportunities for brands to develop innovative haircare solutions that are free from harmful ingredients and provide effective results.
1. Beauty and Personal Care - The beauty and personal care industry can capitalize on the trend towards naturally sourced haircare products by developing new formulations and marketing strategies that highlight the use of natural and sustainable ingredients.
2. Health and Wellness - The health and wellness industry can tap into the expanding natural offerings trend by offering holistic approaches to haircare that prioritize overall well-being and promote conscious consumer choices.
3. Sustainable Packaging - The packaging industry can seize the opportunity presented by the trend of alternative personal care by developing sustainable packaging solutions that align with eco-friendly brand values and cater to the eco-conscious consumer.


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Expedia tries to sum its survey with a sunny figure that says 84 percent of passengers believe fellow flyers are considerate, but the excitement around increased in-flight device use suggests most people prefer to fly with as little human contact as necessary.
Inattentive parents and flyers that kick the back of other passengers’ seats are the most inconsiderate travelers in the skies, says a new Expedia survey released today.
The study, conducted by Northstar, surveyed 1,001 U.S. adults on the in-flight behaviors that bother them the most. The violations ranged from smelly and talkative seat mates to line jumpers and frequent bathroom users.
But nothing makes a flyer cringe as much as a crying children. The Expedia survey found that 63 percent of travelers “often feel annoyed” at parents traveling with loud children and that 49 percent would pay extra to sit in a quiet zone.
However, Skift’s consumer survey found that only 15 percent of respondents would be willing to pay an additional fee to sit in a child-free zone.
A few other fun findings from that Expedia study are that 22 percent of travelers consume more than two alcoholic drinks during air travel and 38 percent of travelers believe whoever sits first can claim which armrest they use.
The full list of in-flight offenders is below, ranked from most to least annoying:
|Airplane Etiquette Violators
|Annoyed Travelers (%)
|Rear Seat Kicker
|The Aromatic Passenger
|Carry-on Baggage Offenders
|The Back-Seat Grabber
|The Queue Jumper
|The Armrest Hog
|Pungent Food Eaters
|The Mad Dasher
|Overhead Bin Inconsiderate
|The Seat Switcher
The Daily Newsletter
Our daily coverage of the global travel industry. Written by editors and analysts from across Skift’s brands.
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Photo credit: A baby pops his head over a plane seat on a flight to Port Aransas, Texas. Andrew Morrell / Flickr


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MasterCard Fine May Spark New Round Of Private Claims
Law360 (January 23, 2019, 9:57 PM EST) -- The European Commission's €570 million ($648 million) fine this week against MasterCard targeted now-defunct rules that prevented retailers from shopping around for cheaper banks in other countries, and experts say it could add to the avalanche of private damages retailers are already seeking following previous commission actions on card fees.
The commission has long been interested in various aspects of so-called interchange fees, which are paid by a merchant's bank to the bank of a cardholder when credit and debit card transactions are made. The MasterCard fine this week came over company rules that required banks to charge interchange fees based...
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Has The Commercial Leasing Code Of Conduct Provided Any Real Relief For Retailers?
On the 7th of April the National Cabinet released a Mandatory Code of Conduct on SME Commercial Leasing Principles During COVID-19, which stated that landlords should create arrangements with each SME tenant to share the financial risk and cashflow impact during the pandemic in a “proportionate manner”.
In practice, however, the country’s largest commercial retail landlords have been slow to provide relief to tenants.
A number of retailers we spoke to said that while they have had success negotiating lower rents with smaller landlords, they have faced greater difficulties dealing with major shopping centres.
One popular café and restaurant franchise that has over 20 locations told ChannelNews that they have come to satisfactory agreements with smaller landlords, with some offering 80% off their rent for a period of six months. One even gave them a 100% reduction for the coming quarter. However, there has been little or no progress with large mall owners.
This has left retailers in the lurch as they wait to see what commercial property landlords will offer, particularly for those retailers that are technically allowed to operate but have shut their doors due to safety concerns and low footfall.
Scentre Group, Vicinity, AMP Capital, Stockland, QIC Global Real Estate and GPT Group have all said in press releases that they welcome the code of conduct, but all emphasised they would be dealing with SME retail partners on a “case-by-case basis”.
Shopping mall tenants who have requested lower rental rates have generally been assigned someone to deal with their individual case. Any temporary rental agreements are confidential.
Some tenants told ChannelNews that they “have not heard anything at all” from certain commercial property owners. However, major landlords have said this is due to the large scope of cases that they are now dealing with.
Vicinity, for example, has said that their team “is talking to several thousand retailers and would again encourage anyone with questions or concerns about the process or their circumstances to reach out to the centre management team for support”.
A GPT Group spokesperson told ChannelNews, “With 3,200 tenancies across our portfolio of shopping centres, we remain focused on working together with our tenants to resolve the best and most suitable outcomes for their businesses to help them get through this period of disruption.”
Some tenants believe that the major landlords are waiting for the ‘mandatory code of conduct’ to be passed into law before finalising agreements. Statements from commercial property landlords and the Australian Retailers Association indicate that this may be the case.
“Our teams are working through how we implement and administer the code with our retailers so that we reach an agreement together based on each individual circumstance,” AMP Capital said in a statement. “Through our industry associations, we are also working with the individual state governments as they look to legislate this code.”
Scentre Group, which owns Westfield malls, did not respond when asked why it was taking so long to come to agreements with tenants and whether the group was awaiting legislation.
Paul Zahra, CEO of the Australian Retailers Association, told ChannelNews, “While state packages provide incentive packages for landlords to negotiate in good faith, we nevertheless urge the premiers of each state and territory to enact the mandatory code in their respective jurisdictions.”
States have brought in various packages to incentivise the code of conduct, such as the NSW government’s land tax relief package, which allows eligible commercial landlords to apply for a land tax concession of up to 25% for the 2020 calendar year.
“It’s too early to tell exactly how much of an impact the mandatory code is having,” Zahra told ChannelNews. “But retailers covered by the mandatory code have told us it gives them a much stronger leg to stand on in negotiations and provides a common framework for discussion, which has been very helpful.”


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This woman entrepreneur’s startup collects used cooking oil to convert into biodiesel
Delhi-based KNP Arises Green Energy, founded by husband-wife duo Kirti and Sushil Vaishnav, and their friend Ravi Jain, collects waste cooking oil from 35 cities in India. This is then converted into biodiesel, a source of renewable energy.
We are all aware that reusing cooking oil has harmful effects on health.
The Food Safety and Standards Authority of India (FSSAI) announced in 2019 that restaurants or eateries will no longer be able to reuse cooking oil more than three times. The FSSAI has also stated that any cooking oil found to have total polar compounds of more than 25 percent cannot be “topped up with fresh oil”.
This was a welcome move that sought to curb the use of adulterated cooking oil in restaurants all over India. The question what could be done with the used oil prompted husband-wife duo Kirti and Sushil Vaishnav to start.
The Delhi-based startup collects oil from FBOs (food business operators) so that it can be converted into biodiesel. It also offers a comprehensive range of environmental services that include helping companies with a supply of blended biodiesel, industrial tank cleaning, recycling all types of agricultural and blood waste, and a biogas anaerobic digestion facility, among others.
“When we came back to India after spending eight years in Dubai, we found food adulteration was a major issue that needed to be addressed. We noticed that the oil used for deep frying was never discarded from the cooking procedure, it was reused or sold to the local street vendors or to even major hoteliers. The health concerns prompted me to think about starting up in this direction,” explains Kirti.
Hailing from Bundi district in Rajasthan, Kirti and Sushil have experiences spanning 15 years in various industries, both in India and abroad.
Sushil has a BTech in food tech and an MBA in operations, while Kirti is an electronics engineer. Both have worked in the supply chain management and procurement sectors. They were joined by a friend Ravi Jain, who has BTech degree in food tech and an MBA in finance with over 15 years’ experience in corporates and incubating startups.
Energy of the future
Kirti believes green energy is the only sustainable energy of the future.
She points out that in India, only 0.1 percent of the total biofuel demand is being met because of scarcity of raw material, creating a huge demand and supply gap.
“This offers us opportunities for business. Our aim is to collect 60 lakh litres of oil every month, which will also help in reducing the carbon emission to the tune of over 12,000 MT. Currently, we are collecting waste cooking oil from 35 cities of India and have our own warehouses in Delhi, Jaipur, and Kolkata. We started our operation from Delhi because of the strong presence of FSSAI and market size,” says Kirti.
The company is also building a tech-enabled supply chain with the help of its mobile application. “We are also developing an IoT based container that will increase our collection capabilities and create a seamless flow of information, transparency and efficient supply chain for the collection. Our services give two-way benefits to food businesses who are discharging the oil with us - they are paid for the oil sold and the entire process is done with strict compliance with FSSAI and environment guidelines.” she adds.
The company started production of biodiesel but later realised that the industry suffers from a shortage of raw material, and so has moulded itself as a supplier for the biodiesel industry. Its clients are major biodiesel manufactures in the country, and its anaerobic digestion facility has the capacity for processing up to 60,000 tonnes of liquid food waste per year.
Revenue is generated by selling the used cooking oil. Bootstrapped so far, the founders invested Rs 1.1 crore with revenue for the first year being Rs 2 crore.
Getting on track
“Currently, such oil is either thrown into drains, when each litre of oil pollutes over 10,000 litres of water. Or, the oil is also sometimes sold to street food vendors, and this creates a huge health risk. With our service, water pollution and health hazards will be reduced. Also, in cities like Delhi, where air quality is the biggest concern, biodiesel gives 80 percent lower carbon emission, thus providing cleaner energy,” says Kirti, elaborating on the far-reaching impact of the company’s services.
The onset of the COVID-19 saw businesses being affected severely, with most restaurants and hotels closed because of the nationwide lockdown. How did this impact their venture?
“We have received some support from industries because of good sales in the retail sector. After COVID-19, we expect our business will bounce back because it has taught people the value of good health, which hopefully will result in higher discharge of oil and help us to grow. We still managed to grow by 20 percent in comparison with the previous year,” she says.
Its biggest success in this period, Kirti says, has been partnering with institutions like the Atal Innovation Centre (AIC), Banasthali Vidhyapeeth, and the Indian Agricultural Research Institute (IARI).
“In the short term, we are planning to raise funds so that we can expand our operations to 20 new cities and also set up our own biodiesel plant,” Kirti says.
Edited by Anju Narayanan


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Already ubiquitous on the desktop and mobile devices, automotive applications are the next frontier for traffic cameras.
(PRWEB) November 07, 2013
The number of online traffic cameras used to monitor traffic flow and road conditions is doubling every two-and-a-half years, according to Vizzion, Inc., traffic camera data and services supplier to customers in the web, mobile, automotive, and broadcast media industries. This is a double-edged sword for any product developers looking to give their traffic data or reporting a boost; while markets and applications grow exponentially, so too do the challenges of working with such constantly changing data.
Traffic cameras first appeared on the still-new World Wide Web in Seattle with just 45 cameras going live online in October 1996. When Vizzion brought to market the first traffic camera XML web service in 2005, it provided access to over 1,000 cameras. Fast forward to 2013 and Vizzion’s industry-leading database of traffic cameras is an obvious gauge of how the technology has taken over – more than 1,000 cameras are now offered in London alone, for example. Seattle's pioneering traffic camera network has grown 1,500% to over 700 cameras. As of November 2013, Vizzion offers a total of 30,000 traffic cameras worldwide.
To keep pace with the growth, Vizzion had to compete in what company President Chris Cooper describes as a “technology arms race” as well as form over 150 partnerships across 23 countries. Cooper projects 120,000 traffic cameras within five years’ time. So what keeps Vizzion going? "With every new set of cameras," says Cooper, "there are new markets and new opportunities."
The applications for traffic data continue to grow alongside technological capabilities; already ubiquitous on the desktop and mobile devices, automotive applications are the next frontier. Automotive researchers at SBD are projecting over $33 billion in total embedded telematics revenue opportunities in the next five years, reaching over $21 billion annually in only 10 years. Just this year, internet-connected car sales are expected to reach nearly 14 million units. Traffic cameras could be the differentiator in this new and lucrative market.
To read the full article, please visit http://www.vizzion.com/growth.html.
Vizzion is the leading provider of traffic camera data and services, providing 30,000 cameras in 23 countries. With authorization from over 150 different national and regional agencies across 5 continents, Vizzion aggregates cameras from more than 500 cities and regions for use in media, mobile, web, and automotive products.


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Old-school Helmut Lang fans are in for a treat. Under the direction of its new editor-in-residence, Isabella Burley (also Dazed’s editor-in-chief), the iconic brand that defined the ‘90s is re-issuing 15 original archival pieces from 1997 to 2005, when Lang himself was at the helm.
The brand noted that this will be an ongoing project, and new items from the archive will be added every four months. To kick off the endeavor, the house is releasing a silver motorcycle jacket from Fall 1999, a pair of paint-splattered jeans from Spring 1998, a horse hair bag from 2004, and more. The items will become available online and in stores September 8—three days before Shayne Olivier will debut a “special collection” for the label in New York.
After announcing a somewhat surprising menswear capsule with rapper Travis Scott in January, the brand has been slowly revamping its image via a sexy new website, a millennial-friendly social media presence, a forward-thinking campaign, and, of course, its designer residency, which, as we mentioned, will begin with Oliver next week. But as much as Burley seems to be ushering in a new era, she’s also doing a good job of preserving the Helmut Lang DNA, reinstating the original logo and also capitalizing on the increasing demand for vintage Helmut Lang pieces with this new Re-Edition series.
Naturally, we at Fashion Unfiltered are pretty big fans of fashion history, so we’ve put together a slideshow that details the origins of the first pieces in the Re-Edition series. And be sure to check out the Helmut Lang Instagram each day this week to see the full range of items up for grabs.


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Google said in a regulatory filing this morning that it had closed its acquisition of Nest on Feb. 7.
The $3.2 billion cash deal brings the smart thermostat and smoke detecting hardware company and its team — led by Apple's former iPod head, Tony Fadell — into the Google fold. At Google, Fadell is reporting directly to Larry Page.
A quick finalization was expected after the Federal Trade Commission fast-tracked its approval last week.
—By Liz Gannes, recode.net.
CNBC's parent NBC Universal is an investor in re/code's parent Revere Digital, and the companies have a content-sharing arrangement.


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The UK is now the only used car market in Europe where the value of vehicles continues to fall, according to data published by Indicata.
The automotive retail insight provider, which gathers data from 13 countries across Europe, said that used car values had declined by 5.7% across six consecutive months in the UK, but remain 25% higher than they were at the start of the COVID-19 pandemic.
Indicata’s latest Market Watch insights report added: “The UK remains the only market in Europe where used prices continue to fall.”
Earlier this month Cap HPI’s director of valuations Derren Martin suggested that used car supply constraints were the only thing keeping the sector from a “bloodbath” of falling prices as the cost-of-living crisis begins to impact demand.
According to Indicata, the average UK car retailer’s used car stock levels fell again in June, by 4.3%, but stock is now 5.7% higher than in June 2021 as retail demand slows down amid the cost-of-living crisis.
The UK and Denmark are the only two countries in Europe where stock levels are higher than 12 months ago, it said, while the other 11 countries in its report are reporting stock levels down by up to 38% year-on-year.
Indicata UK’s group sales director Jon Mitchell said: “The UK was the first European market to see used prices go through the roof and now that retail confidence is falling, we are the first nation to see used prices fall. However, used cars are still around 25% higher than they were at the start of the pandemic.
“Sales are slowing down rather than crashing and they are likely to remain subdued until after the summer holidays. If consumers rush to buy used cars again after the summer and dealers are short of stock then the market will quickly rebound.”
Stock turn data which mirrored that published by Auto Trader today (June 30) showed that demand for used electric vehicles (EV) is soaring as fuel prices reach record highs.
The Kia Niro is currently the UK’s fastest-selling used car, according to Indicata – closely followed by the Hyundai Ioniq.
It is the first time it has topped Indicata’s fastest-selling used cars ranking.
On the continent Tesla’s Model Y and Model 3 currently Europe’s fastest-selling used cars followed by the Kia Niro.
Its Market Insight report stated: “Used EV stock turn in the UK is now on par with petrol cars and faster than diesel cars although this hasn’t prevented used car sales falling by 5.3% in the first five months of 2022.
“Sales are also 4% lower than in the same period in 2019, the last year to be unaffected by the Covid pandemic.”


text: A computer festival that drew 450,000 people to the streets of Sham Shui Po in a scramble for heavily discounted products closed yesterday with buyers having spent more than HK$230 million, the organisers said. Exhibitors said the sales figures were higher than expected, but predicted the outlook would remain grim at least until the Lunar New Year and that prices of electronic products would rebound by about 30 per cent after the festival. Organisers Sham Shui Po District Council and the Chamber of Hong Kong Computer Industry originally expected a total turnout of 400,000, with sales topping HK$180 million. Leung Ding-kau, chairman of the chamber, said the festival had given a boost to firms whose business had been stagnant. He said that during the four-day festival some of the retailers had made what they normally made in a month. He said the businesses could still make a profit despite the goods generally being sold at a 30 per cent discount because retailers could buy cheaper stock from suppliers as orders from North America and Europe dropped amid the economic slowdown. Exhibitor Wong Kwan-shing, marketing manager of a shop selling DVD recorders, said the company had made a profit of about 10 per cent. However, he now expected business to drop by about 30 to 40 per cent. Fellow exhibitor Cheng Hang-ha, director of a shop selling display monitors, said: 'We expect a [drop in business] after the festival, but it will be better than doing nothing.'


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After Treyarch’s October 23rd update which addressed the community’s concerns with the networking in Black Ops 4, tests showed that the Client Update Rate was increased from 20Hz to 30Hz that same day. Treyarch made it clear that improvements would be rolling out over the course of a few weeks. Today, tests show that the Client Update Rate has been increased from 30Hz to 60Hz. It’s possible that these changes are not yet live in all regions as it is likely a staged rollout.
Redditor /u/soja92 took to /r/BlackOps4 to announce the results of multiple tests across both PlayStation 4 and PC. The results are very pleasing, the Multiplayer Client Update Rate is targeting 64Hz while the Server Update Rate is targeting 60Hz.
However, it’s not all good news as Custom Games appear to still run at the 20Hz Client Update Rate and 60Hz Server Update Rate. It’s possible this is due to the staged rollout and will not be the case in the coming days/weeks.
Blackout is also running at the 20Hz Client Update Rate and 60Hz Server Update Rate. However, Blackout does appear to target a 40Hz Client Update Rate during the 100-80 players phase of each match. It is not yet known if Blackout will receive further improvements to its networking, perhaps the 40Hz Client Update Rate is the target for the entirety of a Blackout match.
At this time it is unknown if Treyarch plans to further improve other aspects of Black Ops 4’s networking that the community has requested. Read about the community’s wishes in a Reddit post by YouTuber Battlenonsense. Stay tuned for any further updates!
COD 2020 Teasers: Black Ops 4 Summit map, Treyarch social profile
As we opened our new crates that Activision sent through, Black Ops 4’s Summit map got an update.
The screens in the center of the map in Black Ops 4 turned on which seem to match to what some of our slides show:
There’s also a look at clocks of 4 out of the 5 locations that some of us got as part of the slides to see:
These changes do appear to be new, especially the screens with the targets on them. Analyzing older images of the maps showcase that the screens were not showing the same thing.
In addition, Treyarch has updated their cover photo on social channels.
It’s getting cold out there…
Gameplay from Black Ops 4’s canceled campaign mode revealed
A user on Reddit, r/BlackOps4, has shared what appears to be the very first footage of gameplay from the canceled campaign mode of Call of Duty: Black Ops 4.
Call of Duty: Black Ops 4, which released in October 2018, was the first Call of Duty game to not have a traditional campaign mode, instead opting to have three online-based modes.
Treyarch insisted throughout the year that they really didn’t have plans for a campaign and were focusing on an online connected experience for Black Ops 4, but many reports and sources described the campaign as being too ambitious and canceled because of issues with development.
On Reddit, a user has shared about two minutes of alpha footage of the gameplay of Black Ops 4’s campaign. The campaign, in alpha-state footage (meaning its not complete), had a very similar HUD to the MP experience of Black Ops 4. The user claims that the campaign and MP were supposed to be connected, and that’s why the HUD is so similar.
The gameplay starts by showing a message of “FIND THE AQUILUS CEO.”
Here’s the gameplay footage:
The user who posted this has not said where they got this gameplay footage as of now. He said he only has this footage, alongside an augmented footage of the engine of BO4, which he is not releasing at this time.
Double XP live in Call of Duty: Black Ops 4 through February 6
To celebrate the big game this weekend, Treyarch is activating Double XP Quad Feed in Call of Duty: Black Ops 4 this weekend – starting now.
Live in game now is:
- 2XP in MP
- 2XP in Zombies
- 2XP Party Game Moshpit
All of this is live in Call of Duty: Black Ops 4 on PS4, Xbox One, and PC. This is live through February 6 at 10AM PT.
For those still enjoying Black Ops 4, enjoy a new XP weekend!
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The following write-up summaries the purpose and utility of online shopping website for Africans living in Australia.
Online PR News – 11-March-2015 – Smithfield Plains,SA – Smithfield Plains, Australia – March 11, 2015 – The African community in Australia is rising rapidly and a steady influx of people with African origin has been observed in the recent years. This population includes skilled workers as well as immigrants and refugees who are given Australian citizenship. Such a strong community indicates that there are several opportunities for doing good business and this has been lapped up by some Africans who arrived in Australia quite a few decades ago.
In a recent press meet to publicize an online shopping website, the owners released a joint statement that says, “We came to Australia and survived through the hardships. We had trouble finding jobs, shelter and everything that a human being needs to live. Fortunately, Australians are very good people by heart and they have helped us a lot during those days. We express our deepest gratitude to them. Having said that, we don’t want to see other Africans struggle with basic amenities of life. We are one of the most vibrant communities in Australia and we contribute to its development with the best of our abilities. But from our experience, we can say that it is necessary to maintain our unique identity and uphold our tradition, culture and values. This will reinforce the composition of the Australian society in terms of diversity and tolerance. However, to achieve our mission, our fellow Africans must have easy and affordable access to African products on the Australian soil. They should be able to buy African clothes, African food, African apparels and accessories, traditional African equipment and anything that is necessary to lead life the African way. After all, we are habituated to our own thing just as Australians do, and we don’t see any reason to try hard and adapt to their way of living. That is why we are launching our own African online shop – something that will provide you everything that is necessary to stay in touch with our continent of origin.”
While it sounds to be a little idealistic, with a conscious effort to cloud the aim of making profit through business, an African online shop is a good idea indeed. I executed well, this shopping website can gather momentum pretty soon.


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The cannabis industry is expected to triple in the next five years, and many investors are looking to profit. As the United States and some other countries decriminalize or legalize cannabis, there are loads of opportunities for entrepreneurs and existing companies. CBD is the main ingredient in many products sold in the rapidly growing market and many cannabis stocks are involved in CBD trade.
Investors are probably grateful that there are only a few weeks left in 2019 for cannabis stock reports.
It was a difficult year for them, with cannabis investments losing value due to a myriad of negative factors. This includes supply problems in Canada and high taxation of cannabis in the United States.
The hemp news application Hemp.im will provide you with the latest news in the cannabis sector. Stay in-the-know with our fresh info that is updated regularly.
FDA brings bad news to cannabis stock reports
Among some consumers, CBD-based products have been very popular. This is because CBD is supposed to be useful for a range of medicinal uses.
However, this is not the general opinion of the FDA. The federal health industry regulator has issued an unfortunate update to its guidelines on CBD. The document states, “people may mistakenly believe that trying CBD can’t hurt.”
The document by the federal health industry regulator listed a series of potentially harmful effects associated with CBD consumption, including liver damage, reproductive toxicity in humans and various forms of gastrointestinal distress.
The FDA pointed out that there is a lot of unknown information about the effects of CBD on the body and mind.
This is an important reason why the document has approved the compound for only one drug, GW Pharmaceuticals’ (NASDAQ: GWPH) Epidiolex, used to treat two relatively rare forms of epilepsy.
Cannabis stock reports have been benefiting from CBD’s medical properties
Meanwhile, CBD is the main ingredient in many products sold in the rapidly growing market for cannabis products. It has been found in oils, ointments, sleeping pills, and many other products.
The vast majority of these products “have not been evaluated by the FDA to determine whether they are effective in treating a particular disease or have other effects that could be claimed,” it said in the updated instructions.
“In addition, they have not been evaluated by the FDA to determine what the appropriate dosage is, how they could interact with other drugs or foods, or if they have dangerous side effects or other safety problems,” the document stated.
Since many cannabis stocks are involved in the CBD trade, most fell in share price (with the exception of GW Pharmaceuticals, which is the only manufacturer of CBD-based drugs approved).
Investors and those interested in seeing better cannabis stock reports, should not panic. The FDA added that it has been working on deepening its knowledge of the substance.
Cannabis 2.0 still promising for investors
There are reasons for the market to be optimistic about cannabis stock reports, despite the many challenges facing the cannabis sector.
Cannabis 2.0 is a great example, with the Canadian federal government legalizing the production and sale of by-products such as cannabis-based drinks and gummy candies.
Last week Canopy Growth announced that a beverage production and development facility located at its Ontario headquarters had received a secure and operating storage permit from the Canadian government.
Once receiving the crucial permit it immediately launched production of a new line of cannabis-infused beverages, 11 in total, using a proprietary method called distilled cannabis. Canopy Growth said these libations will be available to consumers “within weeks.”
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Hemp.im, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in Jambon Burst, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Hemp.im assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Hemp.im is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.


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LondonMetric Property has sold a 70,000sqft retail park in south-west England to an unnamed investor for £21.9m (€24.6m).
The FTSE 250 REIT acquired Launceston Retail Park in August 2010 for £13.5m and formed part of the original Metric portfolio. LondonMetric said it executed various asset management initiatives, which have increased the number of units from five to nine.
The property has generated a profit on cost of 13% and an ungeared return of 7% per annum, and has been sold above March 2018 book value to a long-term investor, LondonMetric said.
Andrew Jones, the chief executive of LondonMetric, said: “This disposal is in line with our strategy to reduce our ownership of operational retail assets once business plans have been executed. Following the sale, we will own only four retail parks.
“Demand for physical retail assets continues to polarise and so future investments will be targeted within the logistics and convenience sectors where income growth prospects are superior.”


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Rwanda’s Private Sector Federation will next week host the inaugural National Business Forum which will discuss how increase production of locally made products, improving quality, branding and innovation among others. Spokesperson, Theoneste Ntagengerwa joins CNBC Africa for more.
It operates across six continents putting it on the pulse of the latest trends in advertising and branding. The company is VMLY&R. To get an insight into some of these trends, CNBC Africa is joined by VMLY&R President, Eric Campbell.
It's that time of year again, when advertisers and marketers fight it out to prove who the best is. It’s been happening for forty years, they call it The Loeries award. CNBC Africa's Fifi Peter's sat down with Loeries CEO, Andrew Human to talk more about it.


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Medtronic has launched the latest version of its MiniMed Mio insulin infusion set in Canada, Hong Kong and parts of Europe.
The MiniMed Mio Advance is an update of the MiniMed Mio, introduced in 2010 and designed to deliver insulin from an insulin pump to the body. The Mio Advance should make changing infusion sets quicker and easier, according to the company.
Diabetic patients who use insulin pumps generally change their infusion set every two or three days, selecting different insertion sites to prevent skin breakdown and maximize insulin absorption. Thin plastic tubing included in the set comes in varying lengths to reach different sites, such as the abdomen, thigh or buttock. The Mio Advance uses a concealed needle to insert a cannula -- a small, tapered tube at the end of the infusion set tube -- under the skin to deliver insulin.
“The cannula remains and delivers the insulin from the pump,” explained Danielle Swanson, spokeswoman for the Medtronic Diabetes Group in an email to MD+DI Qmed. “With no exposed needle at any point during insertion, users no longer have to see or come into contact with their insertion set needle.”
The Mio Advance has a pre-loaded, disposable, single-use inserter that enables patients to change infusion sets without carrying a separate inserter. It may also be used one-handed, and has the flexibility to access hard-to-reach sites such as the lower back, Swanson said. The four-step insertion process could also make for easier and faster training and less troubleshooting for medical providers, according to Medtronic.
Unomedical, part of ConvaTec, is the manufacturer and developed the technology. The company also makes the MiniMed Quick-set, MiniMed Silhouette, MiniMed Sure-T and MiniMed Mio for Medtronic.
Medtronic had a shortage of sensors for insulin pumps in summer 2017. Swanson said the supply shortage was driven by a strong global demand for the sensors as a result of greater sensor awareness, adoption, and use, particularly given the enhancements the company has introduced to improve performance.
"As soon as we became aware of the increased demand, we immediately initiated plans to increase our manufacturing capacity with new and expanded lines, and additional shifts that are operating around the clock. However, ramping up production, particularly for sensors, isn’t something that can be executed quickly due to the complexity of the components involved and the regulatory certifications required of the manufacturing process," Swanson said. "With that said, our sensor manufacturing has been continuously improving over the last few months and as a result, we are now onboarding new customers."
The new Mio Advance has a CE mark and is available in Italy, Finland, United Kingdom, France, Sweden, Denmark, Switzerland, Belgium and the Netherlands. Medtronic will be seeking FDA approval, Swanson said.


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The Tshogpa of Centenary Farmers Market (CFM) Dendup, said there are no proper facilities in the zones and the two Multi Level Car Parkings where the vendors can operate their business. He said that the vendors are not willing to move to the MLCPs where they are kept on the top floor.
“The vendors who went to sell their produces for few days were complaining that the two multilevel car park buildings in Thimphu are fully enclosed with exterior walls of concrete, so the dust blows in polluting all the floors. The vendors also said that there is no business since the customers are not visiting the area for shopping,” he said.
He said that the CFM is well ventilated with no walls on any side and on the other hand, the MLCPs are heavily walled structures with much poorer ventilation compared to the CFM.
“We are not animals. If we operate our businesses there then we will get infected with other diseases as well,” he said.
He stressed that there are no facilities where the vendors can keep their produces.
He said that the vendors are willing to operate their businesses in the zones given the facilities are provided.
“We would have been happy if all the vendors were given permission to operate on rotation system basis to avoid crowding. Now the vendors are not willing to go to the MLCPs,” he said.
He added that it was like the Vendors being forcefully dispersed from the CFM.
“The MLCPs are for parking vehicles and not for the people to run a vegetable business. The government should think twice before giving such notice,” he said.
He added that for an area in CFM, the vendors pay rent around Nu 4,000 to Nu 8,000 based on the square feet. And nothing has been notified how much the vendors has to pay for the new location.
“Everyone is worried about how they will sustain their living and how they are going to pay the house rent since there is no business in the MLCP,” he added.
He further added that the vendors pay Nu 1.935 mn to the Thromde as a land tax annually for CFM.
Dema, 45 said that they tried to operate their business from MLCP, however there were no customers. She said that the area is dusty and fume of cars gets all over the places since the area is enclosed leading to air pollution.
“We will be getting other diseases before COVID-19 infect us. Even the animals are not kept in such places where there is dust. We are being treated like animals. We have decided that we will not move in to the MLCP till there are proper facilities put in the place,” she said.
Chimi Dorji said that he was supposed to operate his business from Babesa zone, however there was no temporary houses nor the tray to keep their produces.
“We did not go to our respective zones where we were supposed to sell our produce, but nothing has been installed. So at the moment we have stopped doing our businesses. We are being affected the most currently. The government is still standing on their decision and the vendors are confused how and where they are going to do business,” he said.
Another female vegetable vendor from Paro also said the same thing saying she was told she will get space at Kala Bazar but there is nothing there to operate from. She said she has closed her business and even given up her rented accommodation in Thimphu and is heading back to Paro.
She asked what is the personal interest of the authorities to push them out of a well ventilated and open CFM into poorly ventilated MLCPs and also in other areas where there is nothing to operate from. Many of her colleagues have opted to not do any business for now given the situation.
In an earlier interview the Prime Minister Dr Lotay Tshering said that the Thimphu Thromde is allowed to use the two MLCPs to keep vegetable vendors but at the same time the Thromde is supposed to construct one structure in each of the 45 Zones so that the vendors can be distributed there.
With no such structures coming up yet in the zones it appears that the aim of Thimphu Thromde for now is to cram in the vegetable vendors into the two MLCPs which defeats the very aim of closing down CFM in the first place.
The Thimphu Thromde under the current Thrompon has made numerous efforts since 2016 to increase the commercial viability of the two MLCPs run by the KCR company by either trying to cancel parking lots along the Norzin Lam or proposing to expand its commercial space from 20 percent to a higher percentage.
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Terex started its Hosur operations just over 10 years ago, in 2009, employing close to 80 team members. A decade later, the business has more than 500 team members and enjoys a strong market presence through its various brands—Powerscreen, Terex Finlay, MPS and Terex Washing Systems. Terex India offers innovative products that are integral to major strategic infrastructure projects across India such as highways, airports, canals and power plants.
- Click here for an early look at this terrific 10th Anniversary MP India corporate video that gives an insight into the Company's operations and innovative products.
In an exclusive interaction with Deccan Herald, one of the leading news dailies of South India, Jaideep Shekhar, Managing Director, Asia & EMEAR talked about Hosur operations and new product launches in India. The interview was published online as well as in the print edition of Deccan Herald on 22.06.2020.
- Click here to read the article.
Deputy Marketing Manager, India
Mob. +91.7540 007846


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The longer regulated treatment providers wait to enter this marketplace, the more difficult it will become to influence and reach their target audiences.
Saint Louis, MO (PRWEB) October 22, 2010
A recent study by the Pew Internet Project reveals that 17 percent of cell phone owners use their phones to look up health or medical information and nearly 10 percent have added software applications (“apps”) to help them track or manage their health.
This translates to nearly 50 million users looking for health and medical information on mobile devices, and 30 million who take the extra step of downloading “apps” to access and update personal health information, based on usage stats from wireless industry trade group CTIA.
Despite the size and growth rate of this mobile health marketplace, regulated treatment providers—such as pharmaceutical and medical device companies—are largely absent, according to v-Fluence Interactive research. Key findings include:
- iPhone / IPad platform applications dominate health application development in terms of volume and diversity of offerings. However, apps developed for professional healthcare providers and other niche users are found on Blackberry, Palm and other platforms.
- Diet and fitness “apps” dominate these numbers; however, the past year has seen hundreds of new applications in therapeutic-specific categories including mental health, cardiovascular disease, respiratory illness and oncology.
- Despite this growth, few pharmaceutical or medical device companies have launched “apps” in these spaces. The result: They are dominated by advocacy groups, OTC or alternative health product promoters and healthcare publishers.
“The implication for regulated treatment providers is clear,” says Jay Byrne, president of v-Fluence Interactive. “The longer they wait to enter this marketplace, the more difficult it will become to influence and reach their target audiences, given the breadth and depth of competing interests in these spaces.”
About us: v-Fluence Interactive’s (http://www.v-fluence.com) health practice group comprehensively tracks health policy and therapeutic specific issues on the Web with trained analysts and full regulatory reporting compliance support. Our dedicated health practice team has provided research, counsel and online outreach support to a wide range of major pharmaceutical brands, academic organizations, consumer product companies and advocacy groups. For more information, contact us at (877) 835-8362 or info(at)v-Fluence(dot)com.


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A visual collection of foodservice industry design ideas
At the start of the fall 2013 semester, the 1,000-resident Forest Hall within the southeast neighborhood of the Indiana University Bloomington campus got a new addition: The Restaurants at Woodland. Creating a culinary-focused, presentation-style dining destination offering a variety of options was the goal for the residential neighborhood.
Is there a more perfect food than the taco? From fish and shrimp-filled varities to Asian fusion versions, FSD presents these recipes as evidence that a taco-consuming summer is in your operation's best interest.
Starbucks doesn't just want to wake up the world with caffeine. The company also has made a commitment to promote its socially responsible practices, a commitment that the foodservice management company Bon Appétit shares. These same ideas
When Dining Services' Mexican concept at the University of California, Riverside, just wasn't delivering how the department wanted it to, Cheryl Garner, executive director of Dining Services, decided to spice things up. Enter Habanero's, which
What makes a successful food truck? FSD spoke to Gustavo Plascencia, general manager of safety, sustainability and projects for Dining Services at the University of California, Riverside, about his department's food truck, the Culinary Chameleon. Plas


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News from The Business Journals
Jan 13, 2014, 4:30 pm EST
Mars Super Markets Inc. plans to close an East Baltimore distribution center in March, displacing 78 workers.
Oct 18, 2013, 6:00 am EDT
Amid increasing competition in the local grocery business, Schnuck Markets Inc. has hired a former Aldi’s and Walmart executive as its first chief str ...
Jan 14, 2011, 2:49 pm EST
Mars Super Markets Inc. has inked a deal to open its 17th company-owned store in Harford County, taking over space in the Bel Air Plaza vacated more t ...
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The judge presiding over the case of a man accused of ordering the contract killing of his wife has adjourned the case to 18 September to consider psychiatric reports from experts. Shrien Dewani will attend only if well enough.
The Defence and the CPS have asked the judge to consider whether a further adjournment of a year is necessary.
More top news
Belle Gibson rose to fame by claiming to have beaten brain cancer using a healthy diet and supplements - but later admitted it was all a lie
Pet owners have been warned of the skin cancer risk to dogs and cats, amid predictions of a heatwave in the coming days.
Slippery customer was caught out by staff at the pet shop in Florida who confiscated the stolen trouser snake and called in police.


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Compass Intelligence, a global consulting and market analytics firm, has released its first study on the M2M market: The Next-Generation M2M and Connected Device Business Market – A Paradigm Shift: From Connecting Millions of People, to Connecting Billions of Things.
Findings from the research, which is part of Compass Intelligence’s new Connected Worlds subscription service indicates that the next-generation M2M and connected device market will reach 87 million endpoints by 2015, with a compound annual growth rate of over 25%.
“We have entered an era where every device that can benefit from being connected via a cellular connection to the internet will be connected to the internet; and that this hyper-connectivity coupled together with emerging cloud services will propel society into new ways of interacting with the world around us,” explains James Brehm, Senior Strategist of Compass Intelligence.”
“Much confusion exists around what makes up M2M. In defining the market, the GSMA includes devices like connected iPads and other media tablets, some Tier-1 MNOs include connected CE like picture frames, PNDs, and the like, while others including M2M specialists and M2MVNOs look solely to B2B applications,” states Brehm.
Key findings of the research include the following:
- The largest B2B vertical market is the transportation and distribution vertical, with over 30% market share.
- Growth will come from areas where there is a demonstrable ROI and that are easiest to measure increased productivity and efficiency.
- Cloud computing and cookie cutter hosted applications will drive M2M adoption.
- Industry consolidation will occur rapidly over the next twelve to eighteen months.
- By 2015 more than 40 percent of M2M connections in the U.S. could be running on 3G, 3.5G, or 4G networks.


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After seeing imports of Chinese steel decline 19% in 2016 to 7.6Mt, following over a decade of growth, an upward trend is starting to pose a familiar threat to Latin America's steel industry.
The region's share of China's finished steel exports in the first two months was 9.9%, compared with 6.9% a year ago and just 1% in 2004.
In January, Latin America's steel imports from China jumped 35% year-on-year to 822,000t. Compared to December, steel imports from China increased 29% from 636,000t.
In Brazil, the region's largest steel producer, the local industry is already pressuring the government to take action to protect domestic mills.
According to Sérgio Leite, the CEO of Brazil's largest flat steelmaker Usiminas, local producers fear Chinese steel prevented from entering the US could be diverted to other markets, among them Brazil.
Furthermore, Brazilian steel imports – priced lower than locally produced steel – have also grown this year.
Steel imports in the first quarter jumped 73.1% to 637,000t, according to IABr.
In Mexico, Latin America's number two steel producer, the economy ministry announced on April 6 the extension of a 15% tariff on steel imports, citing continued unfair competition and oversupply in the global steel market, with China and other Asian countries seen as the major culprits.
The tariff extension was welcomed by local steelmaker Ahmsa, which said the move was essential to its continued operations and planned investments.
Meanwhile Mexico's finished steel imports from China are dropping, suggesting the tariff and antidumping duties are doing their job.
Economy ministry officials may be unwilling to risk jeopardizing the sector's growing confidence by removing the duty, but the case for maintaining it has been significantly weakened.
The Latin American steel value chain – which includes raw materials, finished steel and indirect trade – saw its trade deficit with China decrease 30% to US$21.7bn in 2016.
Chinese imports of finished steel from the region totaled 9,000t, a 40% decline.
"While Latin America continues to record a surplus in the trade of steel raw materials with China, this is not enough to compensate for the deficit in finished products and indirect trade. This trade declined compared to 2015, breaking the upward trend of recent years. The region needs to increase its capacity to manufacture and export higher value-added products in order to reduce the gaps that exist with the main economies of the world," Alacero said in late-March.


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T-Mobile has announced today that for its next T-Mobile Tuesday promotion, Pokemon Go players — in the wake of what has been no less than an explosive launch — will receive free, unlimited data for the mobile game. Set to take effect July 19th, the Un-carrier will give its customers a full year’s worth of data that won’t count against their high-speed plan… Here’s the full list of perks that customers will receive, including free Lyft rides and 50% off select accessories. Oh, and what would a Pokemon Go adventure be without a free Wendy’s Frosty, too? View the full article


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In a recent report it was announced that Fonterra Co-operative Group Limited (NZX:FCG) outlook has now been given the ‘Stable’ status from ‘Negative’ by Fitch Ratings after the revised rating outlook was revealed.
The revised outlook demonstrates achievement of Fonterra’s calculated evaluation focusing on structural matters. The Company is laying emphasis on NZ operations, reestablishing the intrinsic defensive characteristics that highlighted its general solid business profile.
Marc Rivers, Chief Financial Officer, Fonterra Co-operative is of the view that this novel development represents how the brand has grown from strength to strength in the past few years in terms of review and the effort put into enhancing the Company’s balance sheet.
In the Global Dairy update released by Fonterra Co-operative on 29 January 2021, it was mentioned that the Company’s performance in the last year saw fluctuations.
Where on one hand the December production for New Zealand and Australia were revealed to be flat as compared to the previous year, the production in Europe and the US noticed an upward trend.
It was further revealed that the exports in New Zealand and Australia were seen to increase in the month of November 2020, whilst for Europe and the US saw a downward trend, respectively.
The year that was
By the end of December 2020, it was seen that the New Zealand milk collection for Fonterra was about 902.8m kgMS, which was 0.7% lesser than what was recorded in the previous year.
After witnessing fluctuating business in New Zealand in the previous months, December 2020 brought about the respite. With better weather conditions have contributed to the better results in December 2020.
In the month of November, the dairy exports in New Zealand witnessed a rise of 8.7%, as compared to the same time the previous year. In the 12 months leading up to November 2020, there was a lull witnessed in exports presumably due to the decreased trading of cheese, butter, infant formula and so on.
Plans for increased production
In order to fulfill the growing demand for cream cheese in the world, Darfield site of Fonterra has recruited several new people to ramp up the production.
Blake Aston, the manager for the Cream Cheese Plant revealed that the new recruits shall work alongside the pre-existing 3 shifts in the plant, hence increase production by several notches and be able to meet the requirement.
On 5 February, Fonterra last traded at $4.59, rising by 0.66%.


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Verizon recently uploaded a new support document for the Galaxy Note 3 to its support site detailing a new OTA update. While there's nothing major about this one, it does fix quite a few bugs. That's not all that's under the hood, however – it also brings four new pieces of bloatware along for the ride: MyInfoZone Widget, VMware, Verizon Support & Protection v2, and Verizon Cloud. Useful, eh? I didn't think so. Read More
PushBullet version 12.2 has just hit the Play Store, and it brings with it a healthy selection of incremental updates that round out an already pleasant user experience. One new such feature is the ability to set how long mirrored notifications stick around on your computer before fading away.
The app also now shows upload progress when pushing a file and gives users the ability to tap a download to cancel it. Read More
If you've been dying to get your hands on CyanogenMod's [kind of] recently-announced screencasting tool, the wait is over. The app has been released to the Play Store via beta channel. There are, of course, a few requisites before the app will work:
Once all of those qualifications have been met, you're free to give this new beta a shot. Read More
Well, this is certainly the nail in Twitter's coffin – Microsoft's Socl has it's own Android app now. What? You've never heard of Socl? It's a social network based around sharing statuses, picture collages, and videos. There's also a strong Bing social search element. But seriously, it's not very popular.
Google only started the Android 4.4.1 update last week, but it looks like a new hotfix is already good to go, as 4.4.2 showed up for Nexus devices in the last hour. So far, we've seen it on the Nexus 4, Nexus 5, and the Nexus 7, but it's probably safe to say the Nexus 10 is not going to be far behind. Update: Nexus 10 confirmed too.
What's New? Read More
Google pushed out Android 4.4.1 last week with the build number KOT49E. We spotted the OTA files for all the Nexus devices shortly thereafter and all was well with the world. Well, until today. Sprint has just posted on its support forums and update page that Nexus 5 users can expect an update on their devices today with build number KOT49H – that's slightly newer than the build we got last week. Read More
Google is rolling out an updated version of Hangouts, and while version 2.0.2 doesn't introduce much in the way of exciting new features, it squashes a handful of annoying bugs introduced when the app took on the ability to handle SMS and MMS messages.
The newer, SMS-tackling version of Hangouts came with a few quirks that have been rubbing more than a handful of users the wrong way. For starters, the app converted any text message sent to multiple receivers to an MMS, which is chargeable for many people. Read More
The CyanogenMod team has been working on a secure messaging component for the popular ROM in recent months, and the time has come for some real world testing. The new encrypted WhisperPush messaging system is being rolled out to CyanogenMod 10.2 nightlies for compatibility and server load testing. If all goes as planned, it will reach the CM11 branch soon.
CyanogenMod's secure messaging is an implementation of TextSecure, a cross-platform encrypted SMS platform maintained by Open WhisperSystems. Read More
Another week has dawned, and with that comes a selection of apps and games on sale. This is the season for sales, and we've got some good ones today. Grab your phone/tablet/whatever and proceed to the apps.
T-Mobile customers with the Galaxy Note II, your day has finally arrived: the Jelly Bean 4.3 over-the-air update is finally rolling out, according to this XDA thread. Samsung's Galaxy S4, S III, and the Note II have been getting the same update on other American carriers, but T-Mobile is behind the leaked release schedule (though not by much). The Note II is the last Samsung phone on T-Mobile scheduled to get the update, at least for the moment. Read More


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To celebrate the launch of HP’s new range of Windows 7 notebooks and desktops that will be released 22nd October, HP will be auctioning an exclusive HP Pavilion dv7 notebook signed by a world famous number 7, Richie McCaw.
Richie received one of the first units to be made available in NZ – and in fact, the world – signed the notebook and HP will be auctioning it off on TradeMe with all proceeds from the auction going to the Lifeline charity.
With a 17" LCD, Intel Core i7-720QM processor, 640GB dual hard drive and 4GB RAM the notebook sells in store for NZ$2,999 but with Richie’s signature and the fact bidders will be making a donation to a great cause, the company is hoping that it will make a lot more than this for Lifeline.
The HP Pavilion dv7 notebook combines luxury and style with high performance to give users a premium entertainment experience.
The auction will go live at 12.01am on Thursday, 22nd October and will close at 8.00pm on Wednesday, 28th October.
Lifeline Auckland is a charity that HP supports in New Zealand. Lifeline Auckland’s family of services include Lifeline 24/7 telephone counselling, Kidsline, Mensline, Chinese Lifeline and Lifeline Face to Face Counselling.
Counsellors help with many kinds of issues including psychological & emotional distress, marriage and family problems and with people who are lonely, ill, depressed or the victims of violence or abuse, and HP is proud to support this invaluable service.


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« This is not about reinventing the company but fixing it. »
About Joly: In September, Best Buy appointed Joly CEO, the first time an outsider was hired to lead the company. Since then, he has worked to stabilize the struggling consumer electronics retailer and make nice with founder Richard Schulze, who is trying to take the company private. Under Joly's leadership, Best Buy matched competitors' prices during the holiday shopping season and replaced much of its senior leadership team. Wall Street has applauded several of Joly's hires, including former Williams-Sonoma executive Sharon McCollam as CFO and Best Buy Mobile veteran Shawn Score as retail chief.
Personal file: For the past four years, Joly was CEO of Carlson, the global hospitality and travel company based in the Twin Cities. He has been credited for turning around some of the company's major brands, including TGI Friday's, Radisson hotels and Country Inns and Suites. Prior to Carlson, Joly led the restructuring of Vivendi's video game business (now part of Activision Blizzard) from 1999 to 2001. He later oversaw the integration of Universal and Vivendi's media assets in the United States. In the late 1990s, Joly helped lead a turnaround of EDS, a global technology services company now part of Hewlett-Packard.
What's big in 2013: Joly's "Renew Blue" turnaround strategy focuses on what he calls low-hanging fruit -- reducing product returns, devoting more store space to faster growing products -- that can help boost income.
Final word: "Direction needs to come from the top. I am an implement kind of guy. At some point, you need to make decisions. You don't change the strategy every minute."


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Auckland house price deflation accelerates as sales volumes plummet
By Jenny Ruth
May 14 (BusinessDesk) - The decline in Auckland house prices is starting to accelerate as the number of house sales plummet, not just in Auckland but in most parts of the country.
The latest Real Estate Institute data shows prices fell 2.1 percent in Auckland in April from March and are down 4.4 percent from April last year.
That dragged the national house price inflation rate down to 1.3 percent last month from 2.3 percent in March. House price inflation excluding Auckland eased to 6.7 percent in April from 7.2 percent the month before.
Sales volumes in Auckland fell 16.3 percent compared with April last year, the lowest April figure in 11 years. That dragged the national decline down to 11.5 percent, which REINZ says is the lowest level of sales in April for five years.
Sales volumes fell 25.5 percent in the Bay of Plenty, 12.8 percent in Nelson, Marlborough and Tasman and 11.9 percent in Wellington. Prices fell 1.7 percent in Bay of Plenty for an annual increase of 6.6 percent, but prices in Wellington continue to climb, up 0.3 percent in the month for a 9.6 percent annual increase.
The median number of days it took to sell an Auckland house also crept up by four days to 41. Sales in the rest of the country excluding Auckland took one day more at 36.
Sales volumes compared with April last year fell in most districts with the exceptions of Gisborne, up 9.7 percent, Hawke’s Bay, up 5.4 percent, and the West Coast, up 2.7 percent.
House price inflation in Gisborne and Hawke’s Bay is still in double digits, up 11.2 percent on April last year.
The West Coast price figure is lumped in Tasman, Nelson and Marlborough which together saw an 8.4 percent increase in house price inflation.


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My friend Kevin Kelly (co-founder of Wired and founder of Cool Tools) is currently touring Asia and posting lots of wonderful photos of his travels.
You have not lived 'til you've had this Chinese dessert made from half a loaf of white wonder bread and ice cream.
Found on a car windshield parked on a street in Singapore. Spoof? Misplaced elitism? Dumb ad?
My favorite Chinese vehicle so far. You ride in the back facing backward. It's based on a tricycle motorcycle.
In 2002 Taschen published a book of Kevin's photos of Asia from past trips, called Asia Grace.
Kevin Kelly's photos of Asia
Neglected public payphones in New York City are being turned into “GuyFi” stations: a place where one can rub one out for the sake of “stress relief.” Annalee Newitz reports on the wank booths from a company named “Hot Octopus”… The company reported that at least 100 men used the booth on its opening day […]
You’d be forgiven for thinking the videocassette format long-dead, but it turns out that Betamax is still around. Sony is finally going to withdraw tapes from sale, bringing a 40-year story to an end. The last recorders were sold in 2002. ベータビデオカセットおよびマイクロMVカセットテープ出荷終了のお知らせ [Sony; via The Verge]
A leaked Comcast memo discloses that the company’s consumer data caps have nothing to do with network congestion, contrary to its public claims. The internet service provider has often complained (such as when lobbying against net neutrality) that it must impose limits on service to prevent network congestion. The argument suggests that these measures are […]
You’ve heard the news: cyber security is the new and very scary frontier. Hackers are out there just waiting for you to relax for a second and let them in. But that’s not going to happen to you. With a lifetime premium subscription to ZenMate VPN, you’re completely protected from anyone out there who wants […]
Remember back to the time when people thought java was just a hip way to talk about coffee? Or you vaguely remembered from geography class that it’s an island in the South Pacific? We’ve come a long way since then and now that we’ve rocket blasted into the tech future, you’re going to need to […]
Plastic is so 2013. You don’t want to buy something only to throw it away or lose it and barely care. You like nice things and want to hang onto them. The Plazmatic lighter here is a high quality, high tech alternative to the typical cheap, plastic lighter you get at the old gas station. […]


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Amazon France has put up a listing for the Wii U version of Dragon Quest X: Rise of the Five Tribes Online.
The massively multiplayer online RPG initially launched on Wii in Japan last August. A Wii U release date is set for March 30 in the country.
The Amazon listing comes complete with a PEGI 12 rating. Similarly, on Amazon.de, the listing for the import version of the game has added a USK 6 rating.
Square Enix has yet to announce a western release for the title. But with an Amazon France listing—considering its track record for leaks—a western release just became a whole lot more likely.


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The brand, license and the entire retail and business business of Banamex is for sale, the group confirmed Tuesday after Citi’s exit from retail banking operations in Mexico was announced.
The operation includes the payroll portfolios; consumption such as credit cards; mortgages; the branch network, the Afore, insurance and historical buildings. These will be sold to the highest bidder completely, it became clear.
Jane Fraser, CEO of Citi, explained that the decision to exit the consumer banking and corporate banking businesses is fully aligned with the principles of the financial group’s new strategic vision.
“It will allow us to allocate resources to opportunities aligned with Citi’s core strengths, as well as our competitive advantages, and we will be able to focus on businesses that benefit from connecting to our global network. At the same time, it will allow us to further simplify our bank ”.
He assured that Mexico is a priority market for Citi and that will not change, and anticipated that the country will be an important destination for global investment and trade flows in the following years and they are confident in the path it will follow.
Alberto Gómez, corporate director of Institutional Development, Economic Studies and Communication of Grupo Financiero Citibanamex, assured that the sale of the bank “it has nothing to do with an issue of Mexico’s economic prospects, an optimistic view is maintained regarding the prospects for Mexico, and Citi’s investment programs in Mexico are maintained ”.
What does the announcement made by Citi mean?
Gómez explained that Citi will focus on the institutional business that includes the markets business, global private banking and brokerage house.
“It will focus on where it has not lost market”, for which it will request the Mexican authorities a new banking license to do that business, but under the Citi brand, he pointed out.
Banco Nacional de México (Banamex) will maintain its license and the retail, consumer and corporate business. Concentrated in it, it will be sold, along with all the cultural heritage and real estate that the bank currently has.
“It will not be sold in parts, it will be sold together. The retail bank, its brand and all its infrastructure are sold. The day to day continues, current investment programs will be executed, ”said Gómez.
Citi’s ‘goodbye’ to its consumer banking business in Mexico
This Tuesday, Citi announced that it plans to exit Mexico’s consumer and corporate banking, this as part of the push by CEO Jane Fraser to review the company’s strategy.
Investors have long pressured bank executives to seek to exit consumer-focused operations in Mexico, where it operates as Citibanamex.
Mexico is the largest international consumer market for the New York-based bank. In the first three quarters of 2021, all of the businesses that Citi would be exiting in Mexico accounted for approximately 3.5 billion in revenue, 1.2 billion in earnings before taxes.
Salinas Pliego is signed up
Ricardo Salinas Pliego, president of Banco Azteca, said he was interested in buying from Banamex. “I have always believed and invested in Mexico and the Mexicans. That is why I have asked my team to analyze the convenience of acquiring Citibanamex and redoubling my commitment to Mexico, the Mexicans and their future ”, he noted on his Twitter account.
“Let them say how much they want for their changarro and we see Citibanamex open from 9 to 9, 365 days a year,” he added.
“The news that was released regarding Citibanamex’s decision to divest itself of its retail business obeys a definition of its business model exclusively,” said on his Twitter account, the president of the Association of Banks of Mexico (ABM ), Daniel Becker.
Carlos Gómez, an analyst at Intercam, considered that due to issues of liquidity, available capital and size, it is difficult for a local bank to compete for Citi’s portfolio, which is why he estimates that it will be acquired by a large foreign bank. “We do not even rule out the interest of a global bank seeking to reach the Mexican market or a group of local investors,” he said.
Nau Securities, a UK consulting firm, profiles Santander as a potential buyer of Banamex. He estimated that the Spanish bank would buy Banamex for $ 13.2 billion. He calculated that the resulting entity would be the leader in generating profits, with a 23.8 percent share in the credit market, above BBVA.
“I hope that the sale of Banamex by Citi will allow that historic Mexican franchise to operate with greater versatility and without the great regulatory weight that the US authorities imposed on the current Citibanamex and as a pylon that it returns to Mexican investors,” he said via Twitter, Bernardo González, president of the Amafore.
With information from Bloomberg and Ana Martínez


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TFG spoke to the Honourable Mary Ng, Minister of International Trade Export Promotion, Small Business and Economic Development to discuss the Canadian government’s role in international trade and supporting women in the workplace.
As we have seen over the past few years, progress is not linear. In almost every aspect of life, two steps forward are often accompanied by one step back.
As uncertainty remains in global supply chains and trade finance, the International Trade and Forfaiting Association’s (ITFA) Lynn Galkoski, Director, Trade Product & Portfolio Management with BNY Mellon Treasury Services shares her insights on trends that may arise this year.
The World Economic Forum’s Global Gender Gap Report 2022 reveals that despite progress made towards gender equality in education and health, the gender gap in economic participation and opportunity remains essentially unchanged.
Trade Finance Global (TFG) spoke with Pamela Mar, managing director at the ICC Digital Standards Initiative, to explore the key themes driving trade digitisation and their potential impact on trade and trade finance in 2023.
Hamsika Gopalan discusses the trade finance and commodity environment for SMEs in 2023. After a few years of volatility, 2023 is expected to be another difficult year.
Your Monday morning coffee briefing from TFG, 27 February 2023
Daniel Barbosa of Fex Agro shares his personal experience, lessons learned and adaptability in commodity trading
Over the past five years, the logistics industry experienced an explosion of new market entrants. This expansion started before COVID-19 and then accelerated dramatically over the last three years. Who are these new carriers, what distinguishes them from traditional carriers, and are they right for you?
There is no question that the turbulent global economy and the unending impact of the COVID-19 pandemic have wreaked havoc on China’s supply chain. The country’s economy is taking a hit with factories being forced to shut down, resulting in a significant disruption in international commerce.
As we move into 2023, it will be crucial for solution providers to adapt and collaborate in order to seize the opportunities presented by digitisation for game-changing value creation.
The shift to a more digital form of globalisation changes who is participating, how business is done across borders, and where the economic benefits are flowing. This creates a new paradigm where not only large corporates, but also retailers, SMEs, and individuals can use international payments, integrated commerce, or trade interfaces regularly.
There is little doubt that 2022 has been an unprecedented year and for better or for worse, there has been a lot that has happened in the trade, treasury, payments and supply chain spaces.
According to Edwards, reducing the record-high $1.7 trillion USD global trade finance gap will be amongst the most important considerations facing the trade finance industry in 2023. The trade finance sector is developing several tools to address this issue.
A peek behind the curtain: trade finance insights from ground zero, Sibos


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By B.L. Ochman
The Wait is a short social documentary set on the steps of the 5th Avenue Apple Store in Manhattan where the National Coalition for the Homesless newsjacks the story of a group of people waiting for the new Apple iPhone 6.
Scores of people slept on the street outside the Apple store for days, despite rain and chilly nights in NYC. They all got to go home with their new phones on September 19th. But 600,000 homeless American’s don’t get to go home.
Then you can unbox your new iPhone in the comfort of your own home.