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Building a startup is a time consuming and difficult slog, there is no denying it. You have to be a generalist and a specialist, wearing a thousand different hats simultaneously, managing people, contractors, investors, projects and even levels of toilet paper. All of these different priorities are important but are all competing for your most valuable resource, time.
As a tech start-up, you have probably thought about how you can raise your profile by partnering with relevant organisations through sponsorship and other commercial arrangements. Forging a partnership with the perfect partner is often all that is required to springboard a start-up, whether by way of an “anchor client”, though becoming an “official partner” or otherwise...
The reason StartCon didn’t go to Melbourne this year is because Philip Dalidakis and his team couldn’t deliver on what they agreed upon in a signed letter. The Minister and his team tried to re-trade on multiple points including marketing support, and his department was so comically incompetent that they couldn’t turn around a basic sponsorship agreement in five months despite repeated prodding, to the point of absurdity.
StartCon (formerly SydStart) announces six of the world’s top growth marketers & entrepreneurs, tech industry aces, movers and shakers in the initial heavy hitter speaker lineup at Australia’s largest startup & growth conference to be held at Sydney's new $152 million dollar five-star grand-stand at Royal Randwick Racecourse on November 26 and 27, 2016.


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AutoGuide News Blog
The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
It’s quite rare to uncover one low, mileage, ‘untouched’ classic in a barn, so how about three of them, especially when they’re Italian exotics.
Well, after literally years of rumors circulating about a forgotten stash of machines located in the Dallas area, it emerged that the collection of cars exists, despite not having seen the light of day in years.
In March 2011, a car collector and restorer located in the Dallas area, came in contact with a broker who sent him a couple of photographs of three Italian exotics, covered in dust inside a storage building. When the collector saw the pictures he couldn’t believe his eyes; the three cars in question were a 1972 Ferrari 365GTB4 with 9,700 miles on the clock; a 1974 Dino 246GT with 2,700 miles and a 1977 Maserati Bora with just 900 miles registered on the odometer.
It turned out the the owner of these cars was a long time friend of race driver and famed US Ferrari importer Luigi Chinetti, and had asked the broker to take bids on the cars, which he was trying to sell.
The Dallas collector, recognizing a perhaps once-in-a-lifetime opportunity, submitted a bid on the three cars which was duly accepted. Now after some more wheeling and dealing, the trio of un-restored classics is up for grabs at Mecum’s Monterey Auction, which takes place from August 18-20 at the Hyatt Regency Hotel and Spa.
Although Dinos and Boras in particular don’t tend to trade hands for huge sums of money these days, the fact that all three of these cars boast such low mileage and are true ‘barn finds’ could, quite, easily result in some serious money being laid down over the course of the weekend.
Stay tuned to find out what this trio of exotica actually bring when they finally cross the auction block.
[Source: Mecum Auctions]
We’ve all heard about those so-called ‘Duesy in a barn,’ stories, but sometimes they actually do happen. Take the case of Bill Fair, a businessman and auctioneer from Lecompton, Kansas.
Fair had been asked by the Texas attorney general’s office to supervise the cleaning out of some storage units; imagine to his surprise when, amid all the junk found in one of them, he came across a 1966 Shelby G.T.350.
“It was just sitting there, in the middle of all the trash,” he said. It turned out that the car had been parked some 26 years ago and was in remarkable condition considering.
Once he notified the attorney’s office, they arranged to have the car shipped to an auction in San Antonio. According to Fair, they’ve already been receiving offers for the car, but still, plan to sell it under the gavel around $200,000.

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NEW YORK (AP) — A steep drop in sales to rental car companies and other fleet buyers is expected to weigh heavily on carmakers when they report their January sales results Tuesday. It remains to be seen whether injecting government cash into automakers’ financing arms helped consumers make up the difference.
“It is an automotive hurricane moving through this industry,” said Jim Farley, Ford Motor Co.’s marketing chief, at last weekend’s National Automotive Dealers Association convention. Farley predicted a big drop in business from fleet buyers, which are keeping their current vehicles longer to pare costs.
General Motors Corp. said earlier this month it is planning for the entire industry to sell 10.5 million new vehicles in the U.S. this year, while Chrysler LLC has said it’s planning on 11.1 million units. But few people are expecting the automakers to start 2009 at that pace.
Fleet sales — big-volume sales to customers like rental car companies and municipalities — typically account for about 20 percent of industrywide sales, but analysts expect that to be down sharply in January. Rental car companies have taken a big hit as consumers and businesses slash their travel budgets in the economic downturn, and the companies are holding onto their old cars rather than buying new ones.
“Our demand is down double-digits,” said Richard Broome, spokesman for rental car company Hertz Global Holdings Inc. “So the need for new cars is less now than it would be in most years.”
Compounding that downturn have been the production cuts and factory idlings across the auto industry.
Many fleet customers get their deliveries right after cars roll off the assembly line, so when factories suspend production, those deliveries come to a halt.
Many U.S. auto plants have been closed all month, with some shut down as long as eight weeks, said Jesse Toprak, executive director of industry analysis for the auto Web site Edmunds.com. He predicted industrywide fleet business fell 50 percent from January 2007.
At the same time, the ills that have plagued the industry for the better part of 2008 — a battered economy, anxious consumers in no mood to make big purchases, and banks in no mood to lend to them — haven’t gone anywhere.
Last week, the Treasury Department said it would give Chrysler’s financing arm a $1.5 billion loan to help spur lending. The Treasury also gave GM’s financing unit, GMAC LLC, $6 billion in assistance last month.
The companies immediately announced low-interest financing offers and less prohibitive credit requirements, but it remains unclear if the offers have been effective.
Mike Jackson, chief executive of the largest auto dealership chain, AutoNation Inc., said Thursday that those billions have failed to significantly loosen credit for his company’s customers.
Chrysler Vice Chairman Jim Press, however, predicted a better month than December due in large part to the company’s employee pricing offer, incentives and more available credit thanks to the loan.
Press said last weekend that Chrysler’s market share surpassed 10 percent through Jan. 22, the highest share for the company in the past couple of months.
Deutsche Bank auto analyst Rod Lache is expecting U.S. sales in January declined 37.5 percent from a year ago to a seasonally annualized adjusted rate of about 9.8 million. The consulting firm CSM Worldwide is a little less pessimistic, projecting an annualized 10.2 million sales.
That figure, known in the industry as SAAR, indicates what sales would be for the full year if they remained at that month’s pace, with adjustments for typical seasonal fluctuations.


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October 15, 2022 6:00 am(Updated December 22, 2022 1:21 pm)
It is the biggest fast-fashion company in the world, making billions of pounds by unveiling thousands of new designs on its addictive website every day and selling them cheaper than anyone else.
Now the first undercover investigation into factories supplying Shein, the Chinese retailer loved by millions of young women in the UK and around the globe, has exposed the disturbing experiences of workers making its clothes.
Garment manufacturers in China are often working up to 18 hours a day, being paid as little as 3p per item, with no weekends and only one day off per month, a Channel 4 team has found.
This treatment of workers – who are fined two thirds of their daily wage if they make a single mistake – breaks not only Shein’s code of conduct for suppliers but also Chinese labour laws. The company says it will investigate.
A woman using the false name of Mei secretly filmed inside two factories where she took on jobs producing the kinds of tops that British shoppers can buy for as little as £1.49. The footage has been shared withi ahead of Untold: Inside the Shein Machine streaming on All4.
Women in one factory are found to be washing their hair during their lunch breaks, as they have so little spare time outside of their long shifts. A man who started work at 8am, but is filmed sitting shirtless at his sewing machine after midnight, says he will not finish until 2am or 3am because he needs to complete his batch.
Asked about when they take time off, one person explains that they work seven days a week, saying: “There’s no such thing as Sundays here.”
The workers in the first factory are paid a base monthly salary of 4,000 yuan (£500) to make a minimum of 500 garments a day. To earn a living wage, many stay late into the night to earn commission of 0.14 yuan (2p) per item. Their first month’s pay was also withheld. Those in the second factory have no basic pay, instead receiving 0.27 yuan (3p) for each item they produce.
The tiny wages may help explain why Shein was valued at $100bn in April and can sell dresses for £2.49. The company is even advertising a 1p “flash sale” of homewares beginning on Sunday. Its publicity-shy founder, tech expert Chris Xu, is thought to be worth £5bn.
Boosted by celebrity tie-ins and unpaid teenagers recruited as “micro-influencers” with the lure of free clothes, Shein was estimated to have global revenues of $16bn last year. That is nearly eight times more than worldwide figures for Boohoo – itself notorious for previous exposés of worker exploitation by its suppliers in Leicester, which it has been working to address.
Environmental campaigners argue that Shein is also worsening the throwaway culture of clothing being shipped halfway around the world but only worn a few times – if at all – before being discarded.
Many Britons aged 35 and over, especially men, will still never have heard of Shein. Even some fashion industry insiders remain unsure of how to pronounce its name, saying “Sheen”, “Shane” or “Shine” – it is in fact “She-in”, having originally been called “She Inside”.
It shot to prominence during Covid-19 lockdowns, boosted by its popularity among young users of another Chinese company that grew quickly in 2020: TikTok. Fuelled by people sharing videos of their latest “#sheinhaul” of purchases on the social media platform, Shein’s share of the UK fast-fashion market was just 3 per cent at the end of 2019 but now stands at 16 per cent.
How Shein’s website targets shoppers with ‘dark patterns’
As well as its “hyper-trendy” designs, cheap prices and prominence on social media, a key factor of Shein’s success is how its aggressive website makes shoppers feel hooked.
Digital-marketing expert Andy Woods, co-founder of Rouge Media, explains in Untold: Inside the Shein Machine how the company displays countdowns for time-limited deals to create a “feeling of jeopardy” among shoppers afraid to miss out on bargains.
Woods says Shein is “head and shoulders” above other fashion brands in the number of “dark patterns” it uses online. “These are behaviours on the website that force you into actions that you might not choose yourself,” he explains. “Data is making marketing like a loaded weapon.”
Shein was contacted for comment by the documentary makers but did not respond on this matter.
Data published on 6 April by The Business of Fashion showed that in the year to date, Shein had launched 314,877 separate designs in the US market, compared to 18,343 in the same period by Boohoo. This relentless onslaught suggests customers have more than 3,000 new styles to potentially view every day.
Iman Amrani, the journalist who led the Untold investigation, tells i: “By combining its knowledge of tech, data and social media with being a fashion brand, it has created this juggernaut, this beast within the industry. It’s absolutely huge compared to other fast-fashion brands. High-street names like H&M and Zara don’t really compare.”
Shein is one of the most popular fast-fashion retailers for young women shopping on a budget (Photo: David M. Benett/Getty)
The low pay for Chinese workers, allowing the firm to undercut other fast-fashion companies and drive the sector’s prices even lower, is considered to be one factor in the recent struggles of its British rivals. Manchester-based Missguided was forced to enter administration earlier this year due to a financial crisis that left suppliers fighting to survive, as revealed by i. Boohoo’s market value has fallen 87 per cent in a year and last month it announced a 10 per cent fall in revenues for the six months to 31 August.
Iman Amrani, who presents the documentary, says: “It’s a scramble to the bottom. If somebody cuts a little bit more off the price or the cost to make something, they are beating you… When you look at Boohoo Missguided, Pretty Little Thing, any of these websites, they’re basically all selling the same thing – my little sister will argue with me over which one has got the better quality clothes, but what they are really competing on is production and price.
“Every one of them is competing with each other, regardless of where their factories are or where their business is based. For the people looking at their screens in Newcastle, Scarborough, Scunthorpe or wherever, it doesn’t matter where the clothes were made, they’re just thinking: ‘That one is £12 and that one is £13.’”
Workers in the two factories supplying Shein feel under severe pressure to meet their targets (Photo: Zandland/Channel 4)
The documentary is the first of the new eight-part, youth-orientated current affairs series Untold from Channel 4. It shows how Amrani met a contact in the UK with extensive experience of revealing how sweatshop workers are treated in China, where 15 million people work in the fashion industry.
The contact arranged for “Mei”, one of the journalists in his network, to infiltrate the Shein supply chain in Guangzhou, a south-eastern city with a population of 14 million. Having seen what she discovered, he says: “I have been doing investigative stories in China for 15, 16 years – still [they] exploit workers like dogs. Basically it’s worse than years ago.”
They must both remain anonymous for their safety, and the team has not disclosed which factories they filmed inside to protect the workers, whose faces have been blurred.
Iman Arani led the Untold: Inside the Shein Machine investigation (Photo: Zandland)
Amrani tells i: “We had to be incredibly careful. It was nerve-wracking for everyone involved… Knowing the consequences could be really high, it was really scary. Somebody is putting their life on the line to do this.
“I’ve reported in lots of countries and I was in a place very recently where I was followed by secret police, but I couldn’t even imagine what it was like for this undercover reporter. She did an incredible job.”
Shein also makes clothes for men, but women are their biggest market (Photo: Stefanie Keenan/Getty)
The company’s own sustainability and social impact report suggests it is aware of problems within its supply chain. Out of nearly 700 suppliers it audited in 2021, it found that 83 per cent had “mediocre” or “poor” performance and needed “corrective action”.
This included 5 per cent with “poor” performance, with more than three “major risks” – and 12 per cent that were “very poor”.
Shein’s own assessment of its supply chain in its most recent sustainability report (Image: Shein)
The Untold investigation backs up findings from interviews by Swiss researchers last year. Campaign group Public Eye found that some staff at six suppliers in Guangzhou were working 75-hour weeks. Shein said it had “immediately requested” the report and would “initiate an investigation”.
Lead can damage the brain, heart, kidneys and reproductive system – but one jacket for toddlers purchased from Shein contained almost 20 times the amount deemed safe by Health Canada. Shein said it would remove the products in question from sale, cut ties with their suppliers involved and conduct chemical safety tests.
Shein’s stolen designs
Shein “scrapes” social media to spot clothing styles and trends that are becoming popular and then orders its own versions.
But the company is accused by many independent fashion makers of directly copying their designs and selling far cheaper. Among those who have experienced this is Fern Davey, a designer from Bournemouth who founded her Veronica Velveteen brand in 2018, makong high-quality lingerie by hand with existing fabric.
She tells Untold of how Shein had “completely stolen” her design for an underwear set she had priced at £65, which it was selling for between £4 and £7.
After Davey complained to Shein, the product was taken off its website, but she says she never received an email response.
A statement from the company says: “When legitimate complaints are raised by valid IP rights holders, Shein promptly addresses the situation.”
Environmental and business ethics campaigners, including Venetia La Manna, who features in the documentary, argue that Shein’s business model encourages people to buy clothes they do not need. In one clip, a shopper holds up a sweater she added to an order and explains: “It was actually cheaper for me to get it than not get it, because it applied a discount.”
Although Shein does sell men’s clothes, it primarily targets women. Amrani says: “At every point of the chain, it’s women who are being affected. There are men involved as well, but it is predominantly women who are making the clothes, women whose designs are being stolen, women who are being manipulated used to advertise things, and then you’ve got the women who are buying the clothes.”
Shein has experimented with physical stores, like this one in Madrid, but in general it is seen as an online-only brand (Photo: Cezaro De Luca/Europa Press via Getty)
With high inflation squeezing people’s budgets, some will argue that many consumers have no choice but to buy the cheapest clothing available. Amrani also recognises that teenagers looking for youthful styles of clothing can struggle to find ethical alternatives providing the looks they want. Fast-fashion websites also provide sizes for petite and plus-size customers that may be trickier to find elsewhere.
But Amrani says the primary focus of fast-fashion websites is not on selling essentials – it is on constantly feeding people’s appetites for a new look they can wear once and post on Instagram before immediately moving on to the next thing they can buy.
She says: “The cost of living crisis is very important and some people can’t afford to buy clothes. But we’re not necessarily talking about basic clothes here… It’s not about people who are just buying a few items because that’s all they can afford. We’re talking about the lifestyle of buying loads of clothes that you don’t wear, beyond what people need. We’re talking about ‘Sheinhauls’.”
Shein promotes itself using celebrities such as the rapper Saweetie, who has 13 million followers on Instagram and nearly five million on TikTok (Photo: Matt Winkelmeyer/Getty)
Dominique Muller, policy lead for the ethical-fashion campaign group Labour Behind the Label, tells i: “Shein has so far only produced the filmiest of due-diligence statements and its code of conduct only scratches the surface of what is needed to be a responsible company.
“Workers in China are denied the right to freedom of association and are thus unable to speak out against poor working conditions and abuses. Labour activists face harassment or imprisonment for showing the real cost of garments made in China.
“It is no wonder that these appalling kinds of experiences have been exposed in the industry yet again. Cheap clothes can only be made with cheap labour and abuse. Fashion companies must do better.
“The fact that production like this continues, despite years of brands’ promises to clean up their act, serves to highlight the urgent need for legislation holding them accountable for their supply chain.
“Shein, like other brands, must develop proper relationships with factories and support them in improving conditions. As a first step, this means paying higher prices for the goods – so workers can get higher wages and shorter working hours.”
US singer Anitta, who has 63 million followers on Instagram, is among the celebrities to have partnered with Shein in the past (Photo: Stefanie Keenan/Getty)
In a statement, Shein says it is “absolutely committed” to its supplier code of conduct, which “complies with the core conventions of the International Labour Organization”. It tells Untold: “Shein engages industry-leading third-party agencies to conduct regular audits of suppliers’ facilities to ensure compliance.
“Suppliers are given a specific timeframe in which to remediate the violations, failing which, Shein takes immediate action against the supplier, including terminating the partnership.” i also approached Shein for comment.
On environmental concerns, the company says: “Shein’s business model is built on the premise of reduced production waste and on-demand production. The average unsold inventory level of the industry is between 25 to 40 per cent, whereas Shein has reduced it to a single digit.”
The company says it aims to reduce its carbon emissions by 25 per cent.


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Ananth Narayanan news
Narayanan joined Myntra as CEO in July 2015 and has led multiple strategic acquisitions including rival Jabong from Global Fashion Group for $70 million.
In order to prepare for the spike in volumes during the sale, the logistics arm of Myntra has identified and signed up 800 kirana stores for last mile deliveries.
Across all sectors, we continue to face adearth in leadership talent. Good, effective and impactful leaders are hard to come by.
The event will see the launch of 35 new brands including international names such as Dorothy Perkins, Next, Aeropostale, Forever 21 Men, Clinique, Bobbi Brown, Corelle and Howards.
Flipkart-owned online fashion retailer Myntra launched its first offline store in Bengaluru
The online retailer had nurtured about a dozen startups in 2014 as part of a programme then known as the Myntra Fashion Incubator.
Myntra had acquired rival Jabong earlier this year, beating Future Group and Snapdeal to the punch, to bolster its position in India’s online fashion retail business.
Myntra has today announced that it has achieved 80% year on year growth (YOY) and is expecting a revenue run rate of $1 billion by end of financial year 2016
The first store will be opened under Myntra’s private brand Roadster in swish shopping district of 100 Feet Road that is already home to Zivame, Lenskart and Pepperfry outlets.
For Ananth, a trend is an idea that fundamentally changes how people, organisations, and society conduct themselves.
"My focus now for Jabong is to continue to improve consumer experience, grow the brand and make unit economics profitable,” Narayanan said.
For the fiscal ended March 2016, Myntra had gross merchandise value (GMV) of $500 million. For the ongoing financial year, the company is eyeing the $1 billion mark.
His experience with diverse brands to come in handy for firm
With these investments, Chandrasekaran has expanded his startup portfolio to 19. “I am still scouting for deals in spaces like SaaS, artificial intelligence and fintech,” he said.
The Indian apparel and fashion market is worth around $150 billion and online retailers have merely scratched the surface.
"In my mind the value creation is the ability to shape the fashion and lifestyle market and to see how we get our 15 million monthly customers across Myntra and Jabong really shop differently for fashion."
Jabong has been in the market for a sell-off and had held talks with a host of companies including Future Group, Snapdeal, Aditya Birla -owned Abof among others.


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CoinTimes journal chief editor is suing Roger Ver for the changes he made in Bitcoin.com, a popular website with educational materials on cryptocurrency. Arguments of this person seem valid, because on some pages, one can clearly see that the fans of Bitcoin Cash changed them in their favor.
In a most notable example, Bitcoin Cash is called “Bitcoin”, while the original Bitcoin by Satoshi Nakamoto is called “Bitcoin Core”. The vast majority of the community does not use such terminology, and these changes are therefore actually misleading, considering how Bitcoin.com would probably be one of the first sites newbies would use as a guide.
On other pages, Bitcoin and Bitcoin Cash are compared in such a way that a viewer has an impression he/she would be better off buying the latter cryptocurrency. The logo of Bitcoin is used for Bitcoin Cash, which once again misleads the readers.
All the aforedescribed facts leave an impression that Roger Ver’s strategy is to present Bitcoin Cash as a real Bitcoin - and indeed, he himself called BTC obsolete. His financial strategy has already led @Bitcoin account on Twitter to suspension, it would be interesting to watch what would happen with Bitcoin.com.
Image courtesy of The Next Web


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Jio Financial Services witnessed a robust 14% surge, reaching a day’s high of ₹288.75 on the BSE. This spike followed reports indicating that One 97 Communications, the parent company of Paytm, is engaged in discussions with Jio Financial and HDFC Bank to potentially sell its wallet business.
The Hindu Business Line identified HDFC Bank and Jio Financial as leading contenders in the acquisition race for Paytm’s wallet business. Talks between Jio Financial and Paytm have reportedly been ongoing since November, while discussions with HDFC Bank commenced just before the Reserve Bank of India’s (RBI) ban on Paytm Payments Bank.
As part of a broader rescue strategy, Jio may propose acquiring Paytm Payments Bank, which has faced challenges since the RBI prohibited it from accepting deposits or credits. Paytm has encountered controversy, with authorities exploring the possibility of the platform being used for money laundering. Paytm, however, has vehemently denied these allegations, stating that neither the company nor its CEO is under investigation by the Enforcement Directorate. Paytm’s shares witnessed a 42% decline in just three days following the RBI directive.
Jio Financial, the owner of Jio Payments Bank, has recently revamped its operations to introduce digital savings accounts and facilitate bill payments. With a network of 2,400 business correspondents and the launch of debit cards, Jio has been actively implementing innovations such as the Jio Voicebox, enabling UPI on Jio phones, and introducing QR codes across its ecosystem.
In response to the crisis, Paytm CEO Vijay Shekhar Sharma assured employees during a virtual town hall that there is nothing to worry about. He expressed gratitude for the support received from various banks and pledged to investigate the situation. Despite uncertainties, Sharma emphasized the resilience of the Paytm family and the commitment to resolving the issues with the RBI.


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Yum! Brands stock price
Yum! Brands latest news:
UPDATE 3-Yum profit buoyed by strength at KFC, shares jump
Nov 2 (Reuters) - Yum Brands Inc beat Wall Street's
third-quarter profit target as KFC, Taco Bell and Pizza Hut
restaurant sales topped expectations, sending shares up nearly 8
percent to a record high on Thursday.
BRIEF-Collins Foods says unit completes acquisition of five KFC restaurants
* Unit completed acquisition of five KFC restaurants
located in south australia from a subsidiary of Yum! Brands Inc
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Further company coverage:
Yum China gains after establishing dividend, detailing CEO succession plan
Yum China Holdings Inc. jumped as much as 5% in late trading Thursday after announcing earnings that included the spin-off's first dividend and an increased stock-buyback plan, and detailing plans for a new chief executive. Yum China, which spun off from Yum Brands inc. about a year ago, said that President and Chief Operating Officer Joey Wat will succeed Mickey Pant as CEO in March 2018. For the third quarter, the operator of KFC and Pizza Hut restaurants in China reported net income of $211 million, or 53 cents a share, on sales of $2.04 billion, up from profit of $192 million on sales of $1.88 billion a year ago. Analysts on average expected earnings of 56 cents a share on sales of $1.98 billion, according to FactSet. Yum China also announced its first dividend, 10 cents a share payable Dec. 21 to shareholders of record as of Nov. 30, and said the board had expanded its stock-repurchase authorization from $300 million to $550 million. Yum China shares neared $42 in after-hours action following the report, after closing with a 0.2% increase at $39.97.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Taco Bell to add 300 urban locations by 2022
Taco Bell, the Yum Brands Inc. Mexican chain, plans to add 300 restaurants in urban areas by 2022. New York is seen as the quick-service brand's largest market opportunity, the company said, with about 50 planned for the city's five boroughs. Five restaurants will be complete by early 2018. Four of them will be Cantina locations, which serve alcohol, and one will be an "Urban In-line" location that does not. In addition to New York, Chicago, Detroit and Boston are among the areas of focus. About 20 of the locations will be in Chicago, with eight Cantinas planned by the end of 2018. Both Cantina and In-line locations have opened nationwide since 2015. Taco Bell plans to grow to about 9,000 global locations in the next five years from more than 7,000 currently, and it plans to create about 100,000 new jobs. Yum Brands shares are up 19.6% for the year so far while the S&P 500 index is up nearly 12% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
ZAIS Financial Corp.ZFC
Zayo Group HoldingsZAYO
Zimmer Biomet HoldingsZBH


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Video-game Giant Nintendo says it is pausing operations in Brazil while it assesses how to deal with high import taxes.
The Japanese Kyoto-based firm admits it is struggling to cope with high import taxes in the Latin American country which currently has its games distributed through Gaming Do Brasil and JVLAT.
“We are pausing on Brazil while we look for a sustainable (distribution) model,” quoted the company’s Latin America General Manager Bill Van Zyll, adding “We are going to go back to the drawing board to create a totally new model”.
The firm quoted that high tariffs had squeezed margins to a minimum resulting in consumers being forced to pay high prices for best-selling games such as Super Smash Bros which retails some 20% more in Brazil than in the US.
Mr Van Zyll told Brazilian media last week that prices had to “make sense” for consumers and that setting up a local manufacturing base was not viable. High tariff imports had persuaded the firm to withdraw from “an important market for Nintendo” even though the company still believes it could benefit greatly from Brazils strong economy, young population and rising wages.
Source Business Times


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Key Takeaways From Arena's Third-Quarter Updatehttp://www.fool.com/investing/general/2013/11/14/key-takeaways-from-arenas-third-quarter-update.aspx George Budwell
November 14, 2013
Shares of Arena Pharmaceuticals (NASDAQ: ARNA) soared last Friday after the company announced an amended marketing agreement with Eisai for the company's obesity drug Belviq. This expanded marketing agreement gives Eisai exclusive commercialization rights for Belviq in all countries except South Korea, Taiwan, Australia, and New Zealand.
Per the agreement, Arena will receive $60 million in upfront payments, up to $176.5 million in regulatory and development milestone payments, and $1.56 billion in one-time purchase price adjustment agreements in the newly covered territories.
This expanded deal couldn't come at a better time for Arena investors. To date, Belviq's U.S. launch has been slow by industry standards, with Arena only generating $1.7 million in revenue from the drug in the third quarter. Orexigen Therapeutics (NASDAQ: OREX) is also hot on Arena's heels in the development of its competing obesity drug Contrave, with possible approvals coming next year in both the U.S. and Europe.
Perhaps the only good news on the commercial front for Arena of late has been VIVUS' (NASDAQ: VVUS) problematic launch of Qsymia. Since last July, First Manhattan has essentially taken over the board of directors in an attempt to turn the company around and improve Qsymia sales. Even so, this turnaround effort has resulted in three different CEOs in less than two months, making it hard for VIVUS to implement its new marketing strategy for Qsymia.
Looking past the expanded marketing agreement
Key takeaways from the conference call
Another key takeaway that got lost in the excitement of the amended marketing agreement is that major private insurers are starting to include Belviq in their coverage. Insurance coverage for obesity meds has long been a problem in the industry. So this apparent change of heart should help boost Belviq sales going forward.
On the clinical front, management noted that an initial fixed dose pilot study with phentermine has been completed, and a larger pilot study for the Belviq-phentermine combo will be perform


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The 10 Biggest Product And Services Enhancements From Google I/O 2018
The Latest And Greatest
Google CEO Sundar Pichai, along with several other Google executives, took to the stage this week at Google I/O 2018, the company's annual developer conference. Google shared a plethora of exciting new advancements and, specifically, how artificial intelligence was bettering many of its existing products and services.
It's no surprise that Android P, now available in public beta, was highlighted, but many other applications took center stage too, including an updated Maps and News app. Google Assist is getting a big boost from AI, wowing the audience of more than 7,000 with its new voices, conversation capabilities, and even the ability to place calls on behalf of a user.
Here's a roundup of the biggest products and services enhancements that were unveiled this week at Google I/O.


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At a time businesses are struggling to stay afloat, city councils have adjusted upwards fees and service charges, according to a Malawi Government published gazette, squeezing firms even more.
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has protested the fees adjustments, arguing they will negatively affect businesses operations.
In one glaring instance, Lilongwe City Council (LCC) has raised by 700 percent the application fee for heavy industries/factories from K250 000 to K2 million.
The fees adjustment from Lilongwe, Mzuzu and Blantyre are effective this fiscal year.
Most of the notable changes for LCC, apart from the manufacturing industries, concern light industries whose fee is now K1 million, casino operators will now be paying K750 000, international schools K750 000, tertiary institutions K1 million while telecommunication companies will be paying K3 million per annum in Lilongwe.
MCCCI president Carl Chokotho said looking at the economic condition and how businesses are recovering, city councils ought to have broadened and not deepen their revenue collection.
“City Councils ought to work with the private sector for mutual benefit. The rates will drive some small and medium enterprises [SMEs] into losses in the current economic environment and will definitely negatively affect industry in general.
“Further, in terms of Lilongwe, services are extremely poor if and where provided. We would be interested to know what this extra revenue is for. Refuse collections, security and traffic lights are some of the poorest services in the city even when compared to Blantyre,” he said.
However, in a written response to a questionnaire, LCC spokesperson Tamara Chafunya said the council’s benchmark has been a common trader in the market selling vegetables who is paying K100 per day, translating to K36 500 annually.
“Some of the businesses were not on the list; hence, were not paying. It was safe for us to make these adjustments to be in tandem with the current developments and businesses operating in our city.
“The fees are paid annually, and if one calculates to find the amount being paid per day and in comparison with one selling goods in the market, the council feels the fees are reasonable,” she said.
Mzuzu City Council spokesperson Karen Msiska said they effected the adjustments to match the cost of providing services in the city, which is growing at a rate of 4.4 percent annually.
“We have developed revenue enhancement strategic plan which stipulates a number of ways the council will use to maximise revenue collection. It has gone beyond the traditional revenue sources,” he said.
Blantyre City Council spokesperson Anthony Kasunda justified the raise, saying as the cost of delivering services has increased; hence, the need to revise the rates so that the quality of services are not compromised.
“For the council to deliver services, it needs resources and 90 percent of the resources to be generated locally,” he said. n


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SAN FRANCISCO (04/06/2000) - At the eCRM show taking place in the shadow of Internet World here this week, CRM (customer relationship management) is emerging as the latest area of business to be taken on by ASPs (application service providers).
Several companies introduced hosted services that use the Internet to help businesses manage their relationships with customers across sales, marketing and support divisions. Other companies have retooled existing software offerings to make them available in a hosted form.
"The point of all these tools is to take a large corporation and make it look like a mom and pop store," said Blaine Ballard, a systems manager in the customer services division of regional carrier U.S. West Inc., who was at the show looking at new CRM software from Xchange Inc.
CRM software allows businesses to offer customers an improved, more personal level of service, which in turn helps retain customer loyalty and maximize a company's profitability, Ballard said.
Using a hosted CRM service helps businesses save money because it frees them from the capital costs of installing hardware and software in-house and providing technical support for it, said Nathan Malone, a business analyst with Ineto Inc., an Austin, Texas company that provides hosted communications services for businesses. He was at the show checking out a hosted CRM service from Neteos Inc.
Hosted services also leave smaller companies free to focus on their core competences, and provide them with greater flexibility to switch to a different provider if a better CRM solution comes along, Malone said.
The following are just a few of the products and services announced at eCRM this week.
-- Startup company Neteos launched a hosted CRM service called eRMNow. The service is designed to offer both traditional employee-side CRM functions, as well as direct interaction with customers and partners over the Web, officials here said.
Features include a proprietary Neteos technology that allows the company to quickly customize its service to match the "look and feel" of its customer's Web site, according to Dave McNamara, vice president of sales and marketing with Burlington, Massachusetts-based Neteos.
ERMNow expects its product to do well among companies with revenue of between US$10 million and $350 million. "Smaller companies could probably get away with using ACT or Goldmine," McNamara said. The service is offered at a per-seat monthly subscription fee ranging from $50 to $150 depending on the breadth of the service suite, the company said in a statement.
Neteos, in Burlington, Massachusetts, is at +1-781-270-7900, and http://www.neteos.com/.
-- Xchange (formerly Exchange Applications Inc.) launched a packaged CRM suite called Xchange 4.0 which will be offered as both a software and hosted solution. Officials here claimed the product is the first to include all the essential elements of CRM -- campaign management, analytics, e-mail marketing and Web personalization. The hosted service for Xchange 4.0 starts at $3,000 per month for a basic e-mail component, while the complete suite on CD is priced at $250,000, Xchange officials said.
Xchange, in Boston, Massachusetts, is at +1-617-737-2244, and http://www.xchange.com/.
-- Quiq Inc. announced its formation as an ASP who will offer hosted CRM services, primarily for Internet destination sites and companies with a strong Web presence. The firm said its service allows customers to create Internet communities by offering forums for exchanging questions and answers, collaborative knowledge management, self-service customer support and discussion boards.
Quiq, in San Mateo, California, is at +1-650-655-4777, and on the Web at http://www.quiq.com/.
-- Touchtone Corp. announced the release of Wintouch eCRM, which it described as a Java-based product that large businesses or ASPs can use for customer care, SFA (sales force automation) and marketing automation applications.
Touchtone makes software for IBM Corp.'s AS/400. Pricing and shipping details weren't immediately available.
Touchtone is based in Costa Mesa, California, and can be reached at +1-714-755-2810 and on the Web at http://www.touchtonecorp.com/.


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Fast Company has a profile of Hasbro Star Wars design director Steve Evans, focusing on The Force Awakens rollout. Of special interest to us, some words on the changing market:
“I’m actually very, very fond of the three-and-three-quarter inch Rey figure,” Evans says. It’s an appropriate choice, and not just for the fact that Rey is one of the main characters in the next Star Wars chapter. That figure symbolizes a radical shift in the action figure market—and the Star Wars toys market in particular.
“It’s because of what it stands for,” says Evans. “Just because of the way it’s embracing girls into the brand more. I have a son and two twin daughters and my girls are infatuated with Rey. They think she’s brilliant.”
Back in the ’70s and ’80s Star Wars action figures were thought of as something to be made just for boys. But Evans says that’s all changed now. And not only are the artificial gender action figure barriers are coming down, now they’re designed to appeal to people of all ages.
As for The Force Awakens, “as we lead up to December 18, there’s a certain amount that gets released,” says Evans. “There are certain surprises from our product line that no one knows about, that we’ll release leading up to the movie, at the movie, and beyond the movie.”


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Google's flagship tablets are to start updating to its latest Android 4.4 KitKat operating system today, the company has announced.
Apple's newly announced operating system takes on Android, Windows Phone, and BlackBerry. Here's how iOS 7 compares with what's already out there.
The new subscription music service is getting more than 70 percent of free-trial users to pay once the introductory period lapses, according to a Bloomberg report.
The PlayStation 4 continues its steady sales climb, hitting another milestone nearly one month to the day after Sony announced its console had surpassed 6 million units sold.
T-Mobile is hoping to draft behind Apple's event on Sept. 9, but don't expect any direct connection to the upcoming iPhone.
Available August 15, the 7-inch Samsung tablet comes in black and white color options.
At Gamescom 2014, Sony reveals that its game console has sold 10 million units to consumers, signifying strong momentum continuing from its last sales update in April.
The new iPad Mini somehow shrinks down the iPad Air into an even more compact package, sacrificing nearly nothing. It's more expensive than before, but it's also the perfect smaller tablet.
Google's Nexus devices are due to catch the latest flavor of Android KitKat on Monday, says T-Mobile. Will it finally happen?
The new Advent Vega Tegra Note 7 claims to be "the world's fastest 7-inch Android tablet" -- and now costs just £129.


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Normal car parking charges will be reinstated in all Boston Borough Council-operated car parks.
Parking fees, which have been suspended since March 27, will return from Monday, June 15.
The council has made the decision to coincide with the Government's announcement to reopen retail shops.
Cllr Chelcei Sharman, portfolio holder for town centre services, said: “We have managed to hold car park charges off as long as we can to help residents and local businesses, but as businesses start to reopen we feel it is the right time to reintroduce normal parking fees.
“Other district councils have already started charging but we wanted to wait until the Government began to lift some of its restrictions before we had to do the same.
“Thankfully our regular market traders can return from June 3, and retail will be allowed to open from June 15, subject to measures being put in place according to government guidance.
“We want to thank all those who have complied with the advice and helped keep your town safe.”
The move has left many unhappy.
Steve Brown said: "Short-sighted. I think it won't help the local economy recover, so maybe they should keep them free for the summer."
Jo Bush said: "I think it was a cynical idea to stop them.
"People in lockdown means little or no income from parking meters.
"So what the hell, let's make em free."
Jane Webb said: "Far too soon, and very short-sighted of the borough council.
"People who had never before shopped online have been doing so throughout the lockdown and shops will need all the help we can give them, otherwise the town will be deader than a dodo."
Peter Reid said: "Doesn’t matter what the council does.
"It will not sit well with some and will with others. I personally don’t care either way.
"If I have to pay, I will pay, if it’s free, woo hoo, bonus."
Nigel Chandler said: "I presume that the car park attendants could then be furloughed if the car parks were free.
"It's cynical cost-saving by the council if they are going to reintroduce charges the moment the town tries to get going again."
Becky Roberts said: "Bad move. Give the town a chance to get moving again first.
"People online shopping during lockdown, seeing how easy it is? Also people wary about coming back out of lockdown?
"It’s going to be hard enough for local shops anyway, without parking charges putting customers off as well.
"Give us a break."


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Huawei will sell the recently announced Mate 50 Pro in Europe, but the company has not confirmed to which countries or set a release date.
The Chinese firm says the phone will cost from €1,299 for the silver or black version, or €1,399 for an eye-catching orange version with a vegan leather back.
Strangely, this orange model will also have a hardier glass on its 120Hz 6.7in OLED display than the cheaper versions and will be submersible to 6m rather than 2m. That might be worth €100 to some people, but an already expensive phone without Google apps or services could be a tough sell, hardier glass or not.
In renders the glass looks to have a crosshatch pattern that will surely not be visible to the naked eye. To further sell the extra spend, the orange version has 512GB storage to go with its 8GB RAM, rather than the 8GB/256GB configuration of the cheaper models.
Huawei head of product Andreas Zimmer told media in a briefing that the European version of the Mate 50 Pro is practically identical to the version announced in China earlier in September, except that it won’t have the latter model’s satellite communications abilities.
Just like in China, the European version uses the Qualcomm Snapdragon 8+ Gen 1 chipset, but with only 4G capabilities – no 5G here thanks to the ongoing US sanctions that have cut Huawei adrift from Google services.
Also, in Europe the phone will run EMUI 13 that’s based Android open source. In China, the phone runs HarmonyOS, a similar but differently branded version of Huawei’s mobile software.
It seems that the regular Mate 50 along with the Mate 50 RS Porsche design edition won’t be making their way West. The whole series is set to go on sale in China on 28 September.
The Mate 50 Pro’s headline feature is its 10-stage adjustable physical aperture main camera that can move between f/1.4 and f/4.0 to capture varying depth of field in photo and video. Huawei said at f/1.4 it is the “industry’s largest aperture”.
It uses a six-blade design to physically alter the aperture of the main 50Mp lens rather than using software to create artificial blur.
Variable aperture cameras are quite rare on phones. Samsung used a two-stage mechanism in 2018’s Galaxy S9 but abandoned it after that. It’s good to see Huawei bringing it back.
I’m excited to test it out. Since Huawei is no longer partnering with Leica on its cameras (fellow Chinese rivals Xiaomi and Vivo now do instead) it has dreamt up XMAGE, its new photography branding for its phones. The Mate 50 Pro is the first with it, and along with the crazy aperture abilities also claims to take photos with true-life colour – a move away from the saturation or beauty modes and smoothing of images on by default in many Android phones’ software.
The phone also returns to a notch design despite 2020’s last Mate, the Mate 40 Pro, opting for a pill-shaped cut out for the selfie camera.
Zimmer said the phone will have an emergency battery mode where the phone will be able to survive on 1% in standby for three hours, or for a 12-minute phone call, which seems like a good peace-of-mind feature.
He also outlined EMUI 13’s privacy features, though these seem very similar to the granular permission controls found on Android 12 and 13.
The phone also packs in IP68 water and dust resistance, 3D face unlock, a 13Mp ultrawide and 64Mp telephoto lens to go with its 50Mp main camera, and a 4,700mAh battery with 66W wired and 50W wireless charging, as well as 7.5W reverse wireless charging.
My colleague Dom recently reviewed Huawei’s impressive Mate Xs 2 folding phone but told me he struggled to keep his SIM card in it due to software quirks. It’s not just the no-Google thing; apps you download using Petal Search (sideloaded apps that aren’t hosted Huawei’s official app store AppGallery) don’t auto-update. Instead, you have to re-download new versions of them.
Perhaps we are too intertwined with Google services on these shores, but it’s little barriers to smooth phone-running like this that have me worried. But I will reserve judgement until my SIM is lodged in the Mate 50 Pro, which should be soon.
That said, there’s no UK price or official release confirmed as of today, and at the moment the Mate 50 Pro is only getting two years of software support – far from acceptable on a phone this expensive. But the pricy Pro is coming to Europe at least, and Huawei seems ever committed to its global smartphone strategy despite the lack of Google services that has had Western buyers leave the brand in droves.
Henry is Tech Advisor’s Phones Editor, ensuring he and the team covers and reviews every smartphone worth knowing about for readers and viewers all over the world. He spends a lot of time moving between different handsets and shouting at WhatsApp to support multiple devices at once.


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BMW, the premium German carmaker is looking to rethink its business models, design and products for the future of autonomous cars according to a board member of BMW who made the announcement on Tuesday.
Peter Schwarzenbauer stated that the ability to offer transport options will make a difference for premium carmakers such as BMW, Mercedes-Benz and Audi. Schwarzenbauer, who is the BMW board member responsible for the Mini brand, told Reuters in an interview at the Frankfurt Auto Show, that the ability to hail a driverless car immediately might lead to a connecting approach between the business models of taxi services, limousine rides and car sharing.
Schwarzenbauer added that: “If it is going to be within three minutes, then I need a certain volume of cars to make that happen. Whether BMW owns these fleets or outsources the business is an open question. New mobility concepts will emerge with autonomous vehicles, which are robot cars. Fleet management will become a much more significant business. This means it will depend on how quickly the customers’ need for transportation is met.”
Ian Robertson, BMW’s board member for marketing and sales, said on the topic that customers can now use their smart phones to hail a limousine or find a car-sharing vehicle. Adding that it will take a while to resolve the liability questions before ride sharing with autonomous cars, Robertson declared that “The ability to use a car and then walk away is a serious business”.
Google has recently hired former CEO of Hyundai Motors America to be chief executive of its driverless car project, leading to a current race for developing self-driving cars for BMW, Mercedes-Benz and Audi, brands which are hiring software experts at the moment to develop their autonomous cars field.


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Supercars New Sponsor
By V8 Supercars Scotty McLaughlin has celebrated the arrival of Wilson Security as naming rights sponsor of the factory Volvo Polestar Racing for 2015 by claiming ARMOR ALL pole position for this afternoons 300km race at the Castrol EDGE Gold Coast 600. News video highlights calendar results and live timing from the Repco Supercars Championship formerly the V8 Supercars Championship.
Speedcafe First Pics Scott Pye Reveals Livery New Sponsor Sponsor Pics Reveal
Pyes Triple Eight-built Holden ZB Commodore will carry the familiar black and yellow colours of DeWalt for what will be the 30-year-olds first season with Team 18.
Supercars new sponsor. Fresh new backing from Pizza Hut will take over the naming rights on the 14 Holden Commodore for the upcoming Hidden Valley and Townsville round of the series. Only last month Repco announced it would become the naming right sponsor for the 2021 Bathurst 1000 with its retail rival Supercheap Auto no longer naming sponsor. R epco is the new title sponsor for the Supercars championship for five years from 2021 taking over from Virgin Australia which had held the position since 2016.
New deal set to give V8 Supercars. MSR has expanded from one to two cars from 2020 with the team revealing a black and gold UNIT-backed 34 on Monday which will be shared by young guns Zane Goddard and Jake Kostecki via the SuperLites program. Moffat has revealed the car in spectacular fashion with a drive through one of Perths most picturesque locations the South Perth Foreshore ahead of this weekends West Australian V8 Supercars event.
Supercars has also secured series and Bathurst sponsorship agreements with Repco for the next five years. DeWalt the flagship brand of Stanley Black and Decker has widespread presence in motorsport through its sponsorship efforts in MotoGP and NASCAR but 2020 marks its first entry into Supercars. Brad Jones Racings Todd Hazelwood will deliver a new sponsor for the next two rounds of the Supercars championship.
Nick Percat will head to Phillip Island with backing from workshop and engineering equipment company Hare Forbes as Brad Jones Racing continues to roll out different sponsors for its 8 Holden. Fresh new support from Pizza Hut will take over the naming rights for 14 Holden Commodore in the next Hidden Valley and Townsville rounds of the series. THEY may be familiar colours but TEKNO will be rolling out with a new primary sponsor at the start of Supercars Enduro Cup.
After it was announced as the new sponsor of the Bathurst 1000 from 2021 onwards Repco will be the championships main sponsor as. New Adelaide 500 sponsor announced. September 4th 2018 1100 am.
Repco isnt the only GPC brand associated with Supercars as NAPA auto parts is a support sponsor at Walkinshaw Andretti United. There is also a suggestion Repco will expand its Supercars investment further to become the naming rights backer of a car in the championship. The Supercars season-opener will be known as the Superloop Adelaide 500 from 2019 the South Australian Government has announced.
The new Australian broadcast deal coincides with the renewal with Sky Sports in NZ from 2021-25. Automotive parts and accessories retailer Repco has signed on as the new naming rights partner of the popular Supercars motorsports series. Repco Supercars Championship.
Virgin Australian Airlines will become the first true naming-rights sponsor for V8 Supercars since the category was born in a. Matt Stone Racing has completed its 2020 roster with Garry Jacobsons 35 entry to be backed by a new sponsor. The 22 ZB Commodore of James Courtney and Jack Perkins will sport Appliances Online branding on its sides while Winning Appliances will feature on the 2 entry.
Superloop is a provider of telecommunications and internet services in Australia and. Repco announced as new Supercars sponsor. Seven will broadcast six Supercars events live each year highlighted by the Bathurst 1000 plus the Bathurst 12 Hour.
Jack Danielsand Norton by Symantec appear as the major sponsors on the Nissan Altimaslaunched today in Melbourne continuing their strong presence in the sport but witha new brand. LONG-TERM V8Supercar sponsors have been attracted by the lure of competing and hopefully winning with a factory team in this years V8 Supercar Championship. Walkinshaw Andretti United has secured additional backing for the remainder of the 2019 Supercars season announcing Winning Group as a platinum partner.
WAU reveals new sponsor liveries. The five-year deal starts from 2021 and sees Repco which has a network of 400 automotive parts and. Australias premier racing series has a new partner.
Brad Jones Racings Todd Hazelwood will be offering new sponsors for the next two rounds of the Supercar Championship. James Moffat will sport new primary sponsorship this weekend at the UBET Perth SuperSprint with Toshiba branding on the flanks of his 99 Nissan Altima V8 Supercar. Australian automotive parts company Repco has stepped up its commitment to the Supercars Championship with the announcement today that it will be the title sponsor for the series in a five-year deal.
19 Holden of rookie Jack Le.
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Sony has reportedly nullified the threat of PSJailbreak in its current form by locking new PS3 game code to the console's 3.42 firmware.
While recent releases like Castlevania: Lords of Shadow and Enslaved are still vulnerable to the USB-based hack, Digital Foundry suggests new PS3 games - beginning with this week's Medal of Honor - are not.
The site reports that the recent PS3 firmware release 'appears to include an all-new decryption key not present in earlier versions'.
It adds: 'Medal of Honor and all titles going forward are encrypted with the new key, meaning that the Jailbreak in its current form has been effectively nullified: the existing firmware it's based on simply can't read the code.'
It's good news for Sony ahead of major holiday season releases like Gran Turismo 5 and Call of Duty: Black Ops, although we wouldn't bet against the hackers fighting back in the near future. They're nothing if not persistent.


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CUPERTINO, CA (CelebrityAccess) — Apple Inc. has suspended their much-touted plans to offer live television on their streaming video platform Apple TV. Instead, at least for now, Apple TV will serve as a marketplace for media companies to sell directly to consumers through its app store.
Apple's initial plan had been to offer packages of about 14 channels for $30-$40 dollars, but the company ran into headwinds from content providers who wanted more money for their programming, a source close to the negotiations told Bloomberg.
Apple's decision to put its live teleivision plans on hold are a sigifnificant setback for the company as it markets its video streaming device in an increasingly crowded marketplace, where companies such as Google, Roku and Amazon already have strong footholds.
Despite the delay, the industry seems generally upbeat about Apple's long-term prospects for live television streaming.
“This will happen,” Moonves said at the Business Insider Ignition conference on Tuesday. “It has four major networks and 10 cable networks, let’s say, and the price point will be in the $30s, $30 to $35, $40 maybe. People will not be spending money on channels they don’t want to watch.” – Staff Writers


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LAHORE: Prime Minister Imran Khan will visit Lahore soon to have interaction with the business community and immediate measures will be taken to resolve their issues.
Federal Minister for Information and Broadcasting Fawad Chaudhry revealed this while talking to President Lahore Chamber of Commerce and Industry (LCCI) Mian Tariq Misbah.
According to the LCCI spokesman, Federal Foreign Minister Shah Mahmood Qureshi and Federal Minister for Industries and Production Khusro Bakhtiar were also present on the sidelines of the MoU signing ceremony between LCCI and the Chamber of Commerce of the Republic of Tajikistan.
Shah Mahmood Qureshi and Khusro Bakhtiar also promised to visit the Lahore Chamber of Commerce & Industry to listen to the concerns of business community and play their role in addressing these concerns.
Fawad Chaudhry said that the visit of Prime Minister will help resolve the issues being faced by the business community in Lahore. He said that the government will support business community in every matter. He said that growth centric and inclusive development oriented economic policies were bearing fruit and leading the national economy towards the goal of economic stability. “We will facilitate them so that exports can be significantly increased,” he added.
Foreign Minister Shah Mahmood Qureshi and Federal Minister for Industries and Production Khusro Bakhtiar said that they will visit the Lahore Chamber of Commerce & Industry soon to have a close interaction with the business community.
On the occasion, the Lahore Chamber of Commerce & Industry inked a Memorandum of Understanding with the Chamber of Commerce & Industry of The Republic of Tajikistan (CCIRT).
LCCI President Mian Tariq Misbah and Chairman CCIRT Jumakhonzoda Jamshed inked the MoU on behalf of their organizations. The LCCI and CCIRT will promote the strengthening and expansion of trade-economic, scientific-technical and other business relations and contacts between the Tajik and Pakistani enterprises, firms, entrepreneurs and their associations, including bilateral cooperation of small and medium-sized companies and enterprises, also attracting investments into the economy of both the countries and creation of joint ventures.
Both the Chambers will also collaborate in organizing business forums and missions, business contacts of entrepreneurs, holding exhibitions, fairs, seminars, conferences, round tables and other events with the aim of familiarizing of business circles with the economy and export opportunities of both sides.
Copyright Business Recorder, 2021


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Today, we announced that our entire company will unify under the AdColony brand, allowing us to have one voice and presence as we lead into 2017. As the recent sale of the Opera browser necessitated a move away from the Opera Mediaworks name, it only made sense to unify under the brand already so well-known for our commitment to the highest quality mobile advertising experiences: AdColony.
While the AdColony name will be new for some, for all of us, it marks a new era with a renewed commitment to elevating mobile advertising. In the words of our CEO Will Kassoy:
“We are passionate about brand experiences that evoke emotion and drive real outcomes by combining both creativity with the next generation of advertising technologies like data science-driven automation and artificial intelligence. We look forward to building the AdColony brand around this positioning and hope to help elevate the state of mobile advertising.”
To commemorate this mission, the AdColony brand will soon have a new look. The rocket, symbolic of our vision to elevate mobile advertising, will soon have a cleaner design and be accompanied by a wordmark that is a touch lighter.
The brand aesthetic will also change, though blue will remain our primary color. Here’s a sneak peek:
It’s a new name and a new look, but the same promise. See you in 2017!


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UOB has launched “SimpleInvest” on UOB Mighty to make online investing simpler, smarter and affordable as the bank sets out to serve more of Asean’s underserved increasingly affluent consumers.
According to the UOB’s research, more than three in every five consumers in Asean said they prefer online channels to apply for simple banking products.
In Singapore alone where banking services are easily accessible, more than seven in 10 Singaporeans said they are not investing as much as they should and have surplus savings in their emergency fund.
Jacquelyn Tan, head of UOB’s group personal financial services, said digital innovation is paving the way for more customers to access the banking solutions they need for their different life stages. To this end, the Bank will invest more than $200 million in digital innovation over the next three years to serve consumers.
“The pandemic was a tipping point for digital financial solutions as more UOB customers embraced the convenience of online channels to transact and to grow their wealth,” said Tan. “We have tapped this permanent change to expand our digital wealth offering to provide simple, self-serve products and solutions through UOB Mighty.”
UOB’s approach is to we provide customers with information and insights on wealth management that are relevant to their needs and lifestyle choices, based on their banking patterns. This personalisation of wealth management for each customer is expected to enable them to have the confidence they need to make wiser financial decisions.
“Through our wealth management strategy, anchored by a digitally-enabled omni-channel customer experience, we aim to double our wealth fee income by 2026,” said Tan. “This translates to a CAGR of more than 15% over the next five years.”
SimpleInvest helps customers to kickstart their investment journey with as little as $100. During the pilot phase, 75 % of UOB customers purchased their first unit trust. One in three customers has also gone on to set up regular investment plans.
UOB plans to roll out its simple suite of digital wealth solutions across the region progressively.


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Thanks to EA and Ubisoft, drinking a lot of Slurpees could earn you some free videogames.
Anybody trying to beat the cold with a steamy, bubbling 7-Eleven Slurpee through mid-November now has the ability to win tons of different videogame prizes thanks to the chain’s Access 45 promotion. EA and Ubisoft have teamed up with the popular convenience store to offer videogames, exclusive in-game content, consoles, and even a trip to Ubisoft for a lucky winner.
7-Eleven shoppers that earn enough Slurpee Nation rewards points, acquired by entering a code from Slurpee cups on the Slurpee Nation website, can redeem them for games such as EA Sports MMA, free cars in EA MMO Need for Speed World, a PlayStation 3, and more. Rewards are added daily, but they only last for a day or until they’re sold out.
In addition, two contests are part of Access 45 that could send winners to a Strikeforce MMA event or to Ubisoft studios in Montreal to meet the designers of Assassin’s Creed Brotherhood. These are pretty decent rewards for drinking a cup, or I should say multiple cups, of flavored syrup and ice.
Prizes cost 2 to 1000 points, with each Slurpee awarding 1-5 points depending on its size. If you want some of the bigger prizes, you’d better get to drinking, because the Access 45 promotion ends on November 14.


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With container freight rates seen returning to pre-pandemic levels next year, the container shipping sector appears to be in for a tough year ahead. But limited growth in the supply of ships, driven by new IMO environmental regulations, will help the shipping freight market recover in the mid- and long-term, according to S&P Global Market Intelligence.
“Freight rates may return to the pre-pandemic level in 2023 with absence of congestion and weaker economic condition. However, limited active supply growth driven by regulations, which will lead to vessel demolitions and speed reduction, may help the market to recover in 2024 onwards,” said Daejin Lee, Lead Shipping Analyst at S&P Global Market Intelligence.
Newbuilding contracts in 2021 reached the highest since 2015 driven mainly by containerships, but remained lower than the shipbuilding boom period during the 2000s. This year, fresh newbuilding contracts were limited due to high prices and limited yard capacity in top-tier yards, while many owners took the options on existing contracts for much lower contract prices, according to S&P’s analysis.
While heavy investment in container newbuildings is expected to add supply side pressure in the near-term, fresh new contracts are limited in other sectors, including the dry bulker and tanker.
With the IMO’s Efficiency Existing Ship Index (EEXI), a technical design requirement for existing ships, many vessels will go for Engine Power Limitation (EPL), and maximum and operating speed are expected to be reduced, says S&P Global Market Intelligence.
Alternatively, the IMO’s Carbon Intensity Indicator (CII) regulation, which will be assessed yearly with stricter emission limits, will start to reduce sailing speed from 2024 and the impact may become significant in scrap activities from 2025 onwards with favorable age profile. The CII rating issue would incentivize higher demurrage to reduce idling time and prevent further upside risk in congestion in coming years, according to S&P’s analysis. While a significant drop in freight rates with high bunker prices has already reduced sailing speed, EEXI-EPL will prevent potential speed recovery.
“Since 95% of vessels in service are still using conventional fossil fuel, with IMO’s CII regulation, many vessels will end up scrapped earlier than normal historical lifespan of vessels, which will support freight market in the medium and long term,” added Lee.
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Toyota Logistics Design Competition 2020 Highlights North American Talent in Competition's First Year Accepting US Applicants
Toyota Material Handling North America (TMHNA), composed of Toyota Material Handling, Inc. and The Raymond Corporation, is recognizing the talent of North American industrial design students after an extraordinary demonstration of collective skill during the recent Toyota Logistics Design Competition 2020.
COLUMBUS, Ind. (Feb. 25, 2021) — Toyota Material Handling North America (TMHNA), composed of Toyota Material Handling, Inc. and The Raymond Corporation, is recognizing the talent of North American industrial design students after an extraordinary demonstration of collective skill during the recent Toyota Logistics Design Competition 2020. Six U.S. competitors ranked among the 10 semifinalists, selected for their uniquely innovative design concepts answering the challenge to develop solutions to improve airport baggage handling.
“Toyota is driven by innovation,” said Brett Wood, President and CEO of Toyota Material Handling North America and Senior Executive Officer of Toyota Industries Corporation. “It’s inspiring to see the exceptionally creative and solutions-oriented thinking that is being developed by the next generation of industry leaders.”
Overall, 240 designs were submitted worldwide to the Toyota Logistics Design Competition 2020, with approximately one in every 10 submissions originating from the United States. This was the fourth edition of the competition and the first year to accept entries from North American students. Previously, the Toyota Logistics Design Competition was for European students only. Baggage handling design solutions were evaluated, and 10 semifinalists were selected by a jury of design and innovation professionals from Toyota Material Handling and Toyota Industries companies Vanderlande and Raymond. Finalists of the competition were chosen by industry experts and leaders.
Among the finalists announced in November 2020 is California State University student Kevin Wong of Long Beach, California. Wong was awarded 2nd place in the prestigious international competition in recognition of his concept for AIRTRO, an automated baggage trolley system designed specifically for airports to help solve common logistical issues stemming from delayed baggage caused by transfer mishandling.
“Over half the semifinalists were from the U.S., and it’s impressive to have a prize winner from the U.S. for the first year as a global competition,” said Greg Smiley, Industrial Design Manager for The Raymond Corporation and head of design for North America for the Toyota Material Handling Group.
Finalists were announced during a virtual awards ceremony in late 2020. Finalists of the competition receive a cash prize and are given the opportunity to apply for a 6-month paid internship at the Toyota Material Handling Design Center.
Learn more about the competition by visiting the Toyota Logistics Design Competition 2020 webpage.
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About Toyota Material Handling North America
Toyota Material Handling North America (TMHNA), the industry leader in forklift sales, is composed of two main group companies: Toyota Material Handling, Inc. and The Raymond Corporation. One in three forklifts sold in North America is either a Toyota or Raymond product. With nearly 2.5 million square feet of manufacturing space, TMHNA is composed of five manufacturing plant locations: Columbus, Indiana; Greene, New York; Muscatine, Iowa; East Chicago, Indiana and Oakville, Ontario, Canada that produce more than 1,500 forklifts per week, along with many other types of material handling equipment and solutions. With an annual revenue of over $4 billion, TMHNA has more than 10,000 associates and more than 300 dealer locations to support Toyota and Raymond customers throughout North America.


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Doctors sound alert on skin-cream fallout
An association of doctors has asked India's health ministry to take steps to curb what it says is widespread abuse of medicated skin creams that is driving an epidemic of side-effects ranging from annoying acne to serious facial damage.
- Published 5.05.15
New Delhi, May 4: An association of doctors has asked India's health ministry to take steps to curb what it says is widespread abuse of medicated skin creams that is driving an epidemic of side-effects ranging from annoying acne to serious facial damage.
Members of the association met health officials and drug regulators last week to iterate long-standing concerns that consumers are abusing steroid-laced skin creams which, while intended for sale only on prescriptions, are routinely sold as over-the-counter products.
Dermatologists say skin creams containing steroids are used without any medical justification for acne, fungal infections, non-specific itching as well as in the quest for a fairer skin. They say sections of doctors who are not dermatologists at times wrongly prescribe such medications.
"We're seeing a nationwide epidemic of side-effects - many patients reach out to dermatologists only after they suffer from steroid-damaged faces," said Koushik Lahiri, a dermatologist in Calcutta and chairperson of the association's task force against topical steroid abuse.
While the Indian Association of Dermatologists Venereologists and Leprologists has raised these concerns with the health ministry in the past, the task force represents what its members say is a fresh campaign to push health authorities into addressing the problem.
"Everyone needs to share the blame - doctors who wrongly prescribe such skin creams, retail chemists who sell them to patients without prescriptions, and members of the public who would rather listen to their next-door neighbours than visit skin specialists," said Shyam Verma, a dermatologist in Vadodara and national coordinator of the task force.
Health officials and drug regulators, he said, need to find ways to curb the proliferation of irrational combinations of steroid-based skin creams.
The concerns are centred over skin creams that contain combinations of steroids and anti-fungal or anti-bacterial drugs. While the anti-inflammatory effects of steroids can provide quick relief to patients from conditions such as acne or fungal infections, dermatologists say the conditions can rebound.
"We don't want steroid phobia - sometimes we just have to prescribe steroid-based medications," Verma said, citing two difficult-to-manage illnesses such as eczema and psoriasis in which specialists often prescribe steroid-based creams to patients. "But many steroid-based combinations in the market are absurd."
Figures published by an agency that tracks the pharmaceuticals market suggest that a cocktail of four drugs - clobetasol (a steroid), ofloxacin (an anti-bacterial agent), ornidazole (an anti-protozoal agent) and terbinafine (an anti-fungal agent) - is the second top-selling steroid-based skin cream in the country. "This is an example of an absurd combination," Verma said.
A multi-city study to assess the magnitude of the problem conducted by the association about five years ago had revealed that nearly 60 per cent of patients had used a steroid-based skin cream on the face without medical prescriptions.
"In some parts of India, we know steroid-based creams are used to (try and) make skin fairer - this is a false notion. No cream can change the degree of fairness," said Lahiri, the dermatologist in Calcutta, who was among task force members who met government officials last week.
While steroid-based creams may appear to make the face look fairer, doctors say this is actually a side-effect of the medication - the steroid makes the skin thinner and leads to a condition that doctors call hypopigmentation in which the skin appears fairer.
In presentations to health officials and the Drugs Controller General of India, members of the association warned that dermatologists across the country are encountering patients who have suffered the side-effects of the abuse steroid-based skin creams. These adverse effects including pimples, rash, dilated blood vessels, as well as irreversible damage to the face resulting from long-term use of such creams.


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After a whirlwind 2006, you could be forgiven for thinking that 2007 would be a little quieter. Wrong: certainly in terms of technology, the year started with a bang and just kept going.
Behind the scenes at Guardian HQ, 2007 saw a few changes. We relaunched the technology website, moving from the classic Neville Brody design to one that brought the site and the newspaper closer together in feeling (and one that we're still using, as of 2009).
Anyway, as we near the end of our look back over a decade of stories - and the way the Guardian reported them - we come across a series of major successes and dismal failures. There were plenty of stories we had to leave out, but here are five of the big ones.
• Pretty much the first thing that happened was when Steve Jobs confirmed a swelter of speculation by announcing that it was planning to launch a mobile, the iPhone. The device had been hyped up in advance, with plenty of speculation that Apple was planning to do something in the phone market. But the handset itself looked like something we hadn't seen before, and when it went on sale in the US people queued for days to get one. Not everybody thought it would be a hit, but by November, British customers could get their hands on it too - and O2 said it sold tens of thousands in a weekend.
• A few weeks after Microsoft finally made its latest operating system, Windows Vista, available worldwide. The first obstacle to overcome was the confusing array of packages, but after a series of driver problems that left people nonplussed, the impact was more damp squib than fireworks. By the summer, the rot had truly set in, and the computer industry pronounced its disappointment with the product.
• Cyberwar suddenly became a buzzword, with a number of incidents that appeared to up the ante global online warfare. After a political tussle involving a war memorial, the highly-wired state of Estonia was hit by cyberattack that left it reeling. That was followed, later in the year, by a string of strikes on western government targets that opened up a wide range of issues.
• One of the big stories of the year in British circles was the sale of music service Last.fm, which went for $280m to US media group CBS. We had a long history of following the company (literally right back to the very beginning) and had tipped in an article the previous year about whether UK entrepreneurs could produce a web success like YouTube. Maybe Last wasn't the same scale deal, but it was a significant boost for the country's startup stars.
• And after plenty of fits and starts, the BBC iPlayer suddenly got an injection of excitement in 2007. First off, a mildly depressing download service hit the scene in the summer - but then, after a rapid retooling, the streaming service that we're all familiar with was pushed out in December. The rest, as they say...


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Recent research has showed financial advisers are more, and not less, likely post-FOFA (Future of Financial Advice laws) to recommend in-house products and even retail as opposed to industry superannuation.
Sure FOFA has only just kicked in but the Roy Morgan survey shows big increases in the number of retail super clients who came through a planner 43% compared with 28% the previous year. And planners only provided 7% of new industry fund members.
One question consumers may well ask is about the much-debated best interests duty.
Of those who went to a planner owned by the big players 77% were placed in an in-house product or super fund. The winners if you like were Westpac and BT Advisers, which had the highest proportion of clients sold in-house super at 82%, and Commonwealth Bank and Colonial First State with the largest increase of 71% up from 64% in a year.
How is it so? One answer might be that while FOFA focused on commissions and conflicted remuneration it didn’t consider ownership. There are those who see vertical ‘dis-integration’ as a valid policy response and not some over-the-top intervention akin to detonating an atomic bomb under the industry structure.
But as ASIC Commissioner Peter Kell told a super conference in late April while the regulator remains concerned about the inherent conflict of interests in vertically-integrated advice businesses there is an upside.
“The financial capacity of these larger businesses means they are typically able to ensure compensation for their clients if something goes wrong and there is a decision against them - for example, the ombudsman scheme,” he said. “However, there are also inherent conflicts of interest created by vertical integration. It may not always be readily apparent to consumers.”
The most obvious answer as to why planners might sell their owner’s product above all others is because they can and do despite all the huffing and puffing about FOFA.
Perhaps they are considering their clients’ best interests but as Commissioner Kell says the inherent conflicts are not obvious to consumers.
So should we be surprised planners seem so keen to push their owner’s product?
by Christopher Zinn, Campaigns & Communications Director


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Best Ev Cars 2020
“We’re turning the best-selling models across Europe into electric cars.” Libeau expects French and European industry is still trying to navigate a path towards an electric future, with the risk For those who want a big luxury electric car, a Tesla Model S or Model X has been the default However, while I think its big brother Model S is one of the best looking cars on the road, the Model Once a novelty, electric vehicles (EV) have moved into the mainstream thanks to high-profile companies like Tesla and best-sellers like the challenging our beliefs of what a car can and should be.
BMW has established a long list of cars it plans to kill off who will in the not too distant future also get electric motors from BMW. But the numbers involved in that British connection are Nissan confirmed that it began selling the Leaf, its best-selling electric car, in Argentina enable us to contribute to a zero-emission future that will improve the lives of our customers.” Tesla to debut in India in 2020. Elon Musk, CEO of Tesla was quoted by media Tesla is without a doubt the best electric car manufacturer yet. With the Indian government pushing for the growth of
Best Ev Cars 2020 – The all-electric vehicles can each hold up to five passengers. Toyota’s first dedicated vehicle for the 2020 Olympic and Paralympic Games in Tokyo isn’t a flying car, but it shows promise British Motor Museum Opens ‘The Car. The Future. Me’ Exhibit It will also take a look at how electric cars operate and if autonomous cars are the best solution for the future. The display will Despite the typical camouflage, the new EV car together with the all terrain capability of a dedicated off-roader. It is said to offer interior space on a par with the Tiguan Allspace – a new long


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The 2022 Audi RS3 is one of the most compelling cars in its segment and at its heart is a five-cylinder engine. According to a new report, the time to snatch one up is soon because it’s headed out the door at the end of this generation. In its place will be an all-electric, all-wheel drive platform that will rocket from 0-60 in less than four seconds.
This report comes to us from the folks over at Autocar who claim that sources at Audi itself have confirmed the switch to full electrification for the next generation of the A3. That car is scheduled to arrive in the UK in 2027 and its more sporting variants, the S3 and RS3, will also go electric.
Front-wheel drive is also going to be a thing of the past as base models in the family will get rear-wheel drive. All-wheel drive will also be available and it goes without saying that it will be a standard feature on the RS3. The report indicates that Audi will use a twin motor setup and some form of torque vectoring as well.
Read More: Audi RS3 Vs. Mercedes-AMG A45 S In 400 HP AWD Compact Showdown
The current 2022 RS3 develops 401 hp (299 kW) and 359 lb-ft (500 Nm) of torque. Paired with Quattro AWD and a trick rear differential it zooms from 0-60 in as little as 3.6 seconds. Its EV replacement should be good for a similar if not better time.
The A3 family will be built atop VW Group’s Scalable Systems Platform (SSP) which is designed to facilitate a 800V electric architecture. Thus, it should be capable of adding around 80 miles worth of range in just 10 minutes of charge time. That’s considerably faster than what’s capable with a 400V system found on vehicles like the Volkswagen ID.4.
The report also says that the new A3 will be a little bigger than the outgoing ICE model and that both sedan and hatchback variants are likely. Are you excited to see what an electrified RS3 can do or would you prefer the charismatic five-cylinder of the current model?


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NEW DELHI: Royal Enfield on Tuesday teased the heavily reworked Classic 350
, and announced the launch on September 1.
Classic 350 will undergo a handful of changes, both mechanically and cosmetically. Royal Enfield is set to replace the Unit Construction Engine (UC) with the J-Series engine — the same one which powers the Meteor 350.
The Meteor 350 entered the cruising category of motorcycles, replacing the Thunderbird.
Classic brand is one of the oldest nameplates for Royal Enfield. Started its journey at Cologne international bike show, the 350 and 500 debuted in India in 2009.
Classic accounts for over 65% of the company's overall sales.
In terms of features, the Classic 350 is expected to offer a Tripper system as an option. Tripper, Royal Enfield’s turn-by-turn navigation, debuted with the Meteor 350 last year.
Classic 350 is also expected to come under company’s MIY customisation programme.


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Beer lovers, rejoice! A new place to fill up your growler is coming to Vancouver.
Earlier this week, Ghost Runners Brewery kicked off construction on a new 2,650-square-foot facility at Minnehaha Corporate Center (4216 NE Minnehaha Street).
This is the first commercial space for Ghost Runners Brewery, which was founded in 2012 by local residents and neighbors Rob Ziebell and Jeff Seibel. The new facility is expected to open mid-December.
“We’re really excited,” said Seibel, who built the company’s pilot brewery in his backyard. “Currently, we’re only able to produce about eight barrels of beer a month … but now demand has prompted us to invest in a new space and some much larger tanks.”
As Seibel described it, the new facility will be a “10-barrel brew house with 20-barrel fermenters to start,” with the capacity to increase that with multiple brews per day. It will feature 100 percent stainless steel brewing tanks manufactured by Marks Design and Metalworks – a company that also happens to be located in the Minnehaha Corporate Center.
“When we approached them (Marks) over a year ago we said we were looking at space in Vancouver and we really wanted to use them,” recalled Seibel. “This spot became available and it was a perfect match. Now we offer an opportunity for Marks to showcase some of their premiere tanks in our live working brewery, so the relationship has really solidified because of that.”
For the most part, Ghost Runners’ new facility will be production-only. However, Seibel said a tasting room and growler fill-stations will be available to the public at specific times during the week.
“Much like Deschutes [Brewery] has done, having the option for people to come try out new beers that are only at the brewery gives us an opportunity to test the market with new styles of beer,” said Seibel.
Ghost Runners has quickly grown in popularity since its founding two years ago. Utilizing Washougal-based Big River Distributors, the brand can currently be found at approximately 50 restaurants and bars in Southwest Washington.
According to the founders, the new facility will allow Ghost Runners to expand their market reach to Portland and Seattle in the next six months. Within the next year-and-a-half, Ziebell and Seibel hope to expand to California and distributors in Idaho.
With that growth, said Seibel, will come the need to hire additional employees.
“Once the new brewery opens up we’ll have room to add people to manage the tasting room and the fill stations,” he said. “As we grow even larger, the direction of the company will still be handled by Rob and I, but we may hand over the day-to-day brewing operations to someone from the industry. We have quite an expansive growth plan.”
When asked about the challenges of growing a craft brewery in today’s crowded market, the founders point to the company’s well-established – and growing – niche: beer-craving runners.
“We’re a running-inspired company,” Seibel said. “There are over 7 million runners in the Portland-Vancouver market. Our campaign is to make sure that after every running event, biking event, hiking event and rowing event that ends up in some sort of beer garden, Ghost Runners Brewery is the sponsor.
“Runners really like their craft beer and they deserve good beer. They deserve great beer. They deserve Ghost Runners,” he added.
For more information on Ghost Runners Brewery, visit www.ghostrunnersbrewery.com.


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2017 is the European election year, experienced the British hard off Europe, is currently experiencing France, Germany, the Netherlands and other major European countries in the general election, Black Swan seems ready to come out. In the United States, the other side of the ocean, since Trump came to power, around the trade, tariffs and a series of views and measures for the global trade freedom enveloped a shadow.
In this period of time to move the whole body, Germany as one of the major European countries, what is the current economic and trade position? In the country there is a tendency to self-care, protectionism rise, trade freedom is threatened the moment, Germany will make any choice?
Sino-German bilateral trade has increased every year, last year is a substantial more than 170 billion US dollars, setting a new record. Since 2010, China has been ranked in the top three or four of Germany’s most important trading partners. In 2016, China has become Germany’s most important trading partner. This shows that the two economies are developing steadily.
Germany is a country that relies on exports, so we advocate free trade; we also know that Germany’s prosperity also depends on foreign investment in us. These are unquestionable. So Germany will maintain an open attitude. But we will require more trade partners to give reciprocity.
Germany’s economic structure is not the same as any other country. As the German economic backbone of the German small and medium enterprises, is to promote the greatest strength of innovation. Compared to the short-term results or the interests of shareholders, they are more consider the long-term interests. Many of these enterprises are ancestors inherited the family business, value product quality and corporate reputation. Many of which are the leaders of the global market, because they are at the forefront of innovation.