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With the stock market in nearly nonstop rally mode over the past six years, investors haven't needed to look far to uncover an abundance of growth stocks. But not all growth stocks are created equal: While some could still deliver extraordinary gains, others appear considerably overvalued, and might instead burden investors with hefty losses.
What exactly is a growth stock? Though it's arbitrary, I'll define a growth stock as any company forecast to grow profits by 10% or more annually during the next five years. To decide what's "cheap," I'll use the PEG ratio, which compares a company's price-to-earnings ratio to its future growth rate. Any figure around or below one could signal a cheap stock.
Here are three companies that fit the bill.
Plains GP Holdings LP
We'll begin the week by taking a closer look at Plains GP Holdings (PAGP -2.20%), a master-limited partnership that operates midstream energy infrastructure assets for crude, natural gas, and natural gas liquids.
The reason shares of Plains GP Holdings are so cheap can be tied to two factors. First, crude oil prices have fallen substantially over the past two years, reducing the desire to boost production. Without a steady increase in production, midstream operators could struggle to sign new transport, storage, and terminaling contracts.
More recently, in July Plains GP Holdings announced that it would be reducing its quarterly distribution by 11% to $0.2065 per share from its current rate. Shareholders typically don't like dividend cuts, and the expectation of a payout cut, along with steep debt levels, have weighed on Plains GP's shares.
However, Plains GP's decision to cut its distribution is actually a smart one with a debt-to-EBITDA north of six. Having to pay less to shareholders should allow Plains GP the opportunity to either reduce existing debt levels or expand its infrastructure. With energy prices expected to rise slowly with demand, expanding infrastructure could be a surefire way to increase annual cash flow.
Additionally, the same day Plains All American Pipeline (PAA -3.26%) and Plains GP Holdings announced that they were cutting their distributions, Plains All American's incentive distribution rights were permanently eliminated in exchange for 245.5 million newly issued shares of Plains All American and the assumption of $593 million in outstanding debt for a subsidiary of Plains GP Holdings. In easier-to-understand terms, the removal of these incentive distribution rights makes it far easier and cheaper for Plains GP Holdings to issue common stock in order to raise capital, which could allow for quicker pipeline expansion opportunities.
Assuming management remains mindful of its spending, and energy prices continue to trend modestly higher in the years to come, Plains GP Holdings' PEG of 0.4 and dividend yield of 6% make it quite the attractive growth stock.
Vista Outdoor Inc.
Another cheap growth stock that could pique investors' interests is Vista Outdoor (VSTO -2.84%), a midcap company that develops ammunition for hunting, sport, and law enforcement, as well as hunting, sport, and firearm accessories.
The primary reason Vista Outdoor shares are cheaper now than they were three months ago can be traced to the release of its fiscal first-quarter results. Although Vista Outdoor stood by its full-year forecast, adjusted EPS for Q1 2017 came in at $0.48 compared to $0.53 in the year-ago period. Comparatively, Wall Street was expecting $0.69 in EPS in Q1 2017. This miss has erased about a quarter of Vista Outdoor's valuation since August.
However, this quarterly miss, which the company blamed on a near-universal softness in retail sales across the country, could be the perfect buying opportunity.
One of the ironic trends that Vista Outdoor is benefiting from is the potential for Capitol Hill to pass tougher gun control laws. Following a number of unfortunate shooting incidents in the United States, some lawmakers have called for stricter regulation of access to guns, which could eventually slow gun sales and hurt ancillary sales for a company like Vista Outdoor. But Vista Outdoor has witnessed a sales increase -- consumers are loading up on fireams, ammunition, and accessories just in case a tougher gun control law is passed. Mind you, Vista Outdoor primarily sells its products for sport and not defense, but it's gone along for the ride nonetheless. Though this trend can't persist forever, it does have some near-term staying power.
Over the longer-term, Vista Outdoor is more likely to rely on M&A activity to help drive growth. Vista Outdoor has been an active shopper recently, with the company announcing the acquisition of personal hydration business Camelbak for $412.5 million last summer, completing its BRG Action Sports buyout for $400 million in April to give the company a bigger share of the cycling market, and announcing the $74 million acquisition of outdoor cooking solutions company Camp Chef in September. M&A activity could very well keep Vista Outdoor on a high-single-digit/low-double-digit sales growth trajectory in the near-term.
Sporting a PEG of 0.6, Vista Outdoor could be worth a closer inspection.
Integrated Device Technology Inc.
Last but not least, system-level solutions developer Integrated Device Technology (IDTI) is a name growth investors may not want to forget.
Over the past week, Integrated Device Technology, which is more commonly referred to by its shorthand, IDT, has been walloped by the shortcomings of the Samsung Galaxy Note 7. Fires attributed to the battery have weighed on all Samsung suppliers, of which IDT is one. But IDT is much more than just a Samsung supplier, making this swoon in its share price a potentially intriguing buying opportunity.
IDT has its hands in a number of interesting fields, including communications, computing, and automotive. The company primarily provides system solutions for 4G networks and network communications, cloud data centers, and mobile devices. Practically all of these segments are slated for phenomenal long-term growth. Telecom networking infrastructure requires constant investment, while data center growth could average nearly 11% per year between 2016 and 2020 according to a new report from Technavio. IDT also has ties with Apple, supplying the wireless charging chip for the Apple Watch.
An even bigger growth trend could be the Internet of Things, or IoT. In layman's terms, IoT describes solutions that allow systems to interact with their surroundings. Imagine thermostats that can adjust themselves or cars that can recognize when a lane change is unsafe. IDT is one of the companies involved in IoT solutions in the automotive industry with its sensor signal conditioners.
During the first quarter of fiscal 2017, IDT reported strong sales growth of 19% from all aspects of its solutions. Samsung Galaxy Note 7 aside, mobile continues to be a major driver for IDT in the near-term, while automotive could be a (pun intended) larger growth driver by the end of the decade. With a PEG ratio of one, shares of Integrated Device Technology may very well still be cheap.


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U.S. Antiques Shows, which produces well-attended antique, watch and jewelry shows at venues across the country, has for the past few years also conducted a conference two days prior to the Original Miami Antiques Show that offers insights into the history and culture of jewelry.
Elyse Korn Karlin and Gail Brett Levine choose the topics for the Jewelry History Series and oversee its operation. It runs just before the world’s biggest antiques show opens at the Miami Beach Convention Center. This will be the third year of the conference, which runs Jan. 27 and 28, 2016, and it will feature new content as well as popular features from previous seminars.
Both U.S. Antiques Shows and Karlin, the co-director of the Association for the Study of Jewelry and Related Arts, value continuing education in the field, which is reflected in the program.
The list of speakers include Patricia Faber discussing “The Next Wave: Collecting Studio Art Jewelry, 1970-1990”; Michael Goldstein speaking on the “History of Diamonds in Jewelry”; and Gail Brett Levine lecturing on “Precious Stone Wannabes.” Karlin will present a talk on the lives and passions of famous jewelry-loving courtesans.
For the second year the conference will showcase a panel discussion designed by Karlin and Levine that features items recently sold at auction around the country. As a photo of a piece is shown on a large screen, Karlin will discuss it from a historian’s point of view, panel member Yvonne Markowitz, curator at the emerita Museum of Fine Arts of Boston, will discuss how if the piece would fit into a museum collection, Levine will discuss the item from an appraiser’s point of view, and others will discuss it from the dealer and auction house perspectives.
“Sometimes we totally disagreed,” Karlin said of last year’s presentation, “but when we ended, everybody was saying, ‘Don’t stop. Don’t stop.’ It was a fun addition to the program.”
The program includes a field trip to the Wolfsonian Museum as well as an opportunity to walk the floor of the antiques show before the general public is admitted, followed by a closing reception. Cost is $350 for full participation on both days of the series. One-day admission is $200 and exhibitors may select the “Mornings Only” option for $200. Registration packages include admission to The Original Miami Beach Antique Show for all five days.

domain: news


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This article attempt to define what an API would be in the context of a media franchise, and suggests a potential API structure.
In today’s hyper connected world, it has become harder than ever for media networks to ignore fan fiction, fan art and other types of derivative work. They populate social media, […]
Franchise owners are increasingly opening up to their fans and starting to embrace fan art. AMC and HBO for instance created Tumblr blogs for Breaking Bad and Game of Thrones, […]
Twin Peaks, The Hunger Games and Mad Men have inspired popular fashion lines. A great way to keep a story alive in fans’ everyday lives.
With Kindle Worlds, Amazon is creating a framework for franchise owners to embrace fan fiction and derivative work.
Now defining itself as a “platform,” Moleskine has gone through a long process of open sourcing its product and brand narrative in order to stay relevant to today’s customer.
An Indiegogo campaign wants to bring Blade Runner back to life with 8 additional stories and a concept album.


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Nokia Lumia 510
Immobilier / Autres
india, ARUNDHUTINAGAR, West Tripura, Agartala, Petites
Nokia’s new Microsoft’s Windows phone which was unveiled on 23rd September, 2012 is now available for purchase. Nokia Lumia 510 which was initially brought out with Windows Phone 7.5 operating system but later on it got Windows Phone 7.8 operating system. The new device comes with updated OS while the previous model will soon get an update although ...


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PhonePe on Thursday announced entering into a partnership with Indian Railway Catering and Tourism Corporation (IRCTC) to facilitate convenient, fast and secure payments through PhonePe on the IRCTC Rail Connect Android app.
The partnership will enable PhonePe’s 100 million plus users to now pay directly from their bank accounts using UPI, credit and debit cards and also the PhonePe wallet for their travel bookings, PhonePe said.
“We are extremely delighted to partner with IRCTC which has been a trusted platform for India’s travel bookings. Through this partnership, we aim to boost digital payments across India. PhonePe offers IRCTC users the choice of using UPI along with all the other payment methods available on the app for quick and hassle free payments,” said head of strategy and planning PhonePe, Karthik Raghupathy.
“This partnership gives IRCTC users a great travel booking experience and also provides the benefits of digital payments to a wider audience,” added Raghupathy.


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As of March 20, 2010, winter is officially over for the northern hemisphere, but have we learned anything at all from it? Southern Korean iPhone users certainly have: when it’s too cold to operate your iPhone with your fingers, use a Korean sausage meat stylus instead!
Winter is a chilly season in South Korea. Average January temperatures in Seoul, South Korea, typically range somewhere between 16°F and 21°F, although they have in the past plunged as low as -7°F. (Korean History Project).
And as any survivor of winter knows, cold weather typically renders one’s fingers rather numb, thereby making it awfully difficult to handle small devices, let alone operate an iPhone.
The tech-savvy citizens of South Korea have decided to combat this pesky situation by turning ‘Maxbong’ sausage finger snacks from CJ Corporation into inexpensive meat styluses.
According to Engadget, the sausages are “electrostatically compatible with the iPhone’s capacitive touchscreen.” This means that you can use the sausage to dial calls, launch apps, and even write lengthy text messages. It’s essentially a super cheap iPhone stylus pen.
The key to using these snack sausages is to leave the wrapper intact. However, that doesn’t mean that any unwrapped sausage can be used as an iPhone stylus.
While speaking to iPhoneSavior, America iPhone developer Elam Nikserof confirmed this fact, saying, “Nothing has worked while keeping the wrapper on like the Korean meat stylus.” Apparently there’s something special about Korean sausages. He added, “I’m looking into importing the sausage as an exclusive U.S. carrier.”
Turns out that Evan is too late, though, as Case Crown, a US-based company dedicated to producing the “best quality carrying” solutions for mobile devices, is now offering iPhone sausage styluses to American users for just $.99 per pop.
Anyone care for a sausage? Just make sure you don’t use it while inebriated, because you might just accidentally end up eating it in a rage of hunger!


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Grand Santa Fe
• All-new Elantra and All-new Tucson receive ‘iF Design Award 2016’ in product design category
• Hyundai Motor models win iF Design Award for 3 consecutive years
• Hyundai Motor’s evolving design philosophy is realized in refined style elements in All-new Elantra
• Bold and athletic design creates unique SUV appearance for All-new Tucson
Hyundai Motor received international recognition for its vehicle design from the prestigious iF Design Awards jury. All-new Elantra and All- …
Sept 25, 2015, Arlington, Virginia - In one of the industry’s most rigorous tests of vehicle safety, the 2016 Hyundai Tucson and 2016 Sonata earned the Insurance Institute for Highway Safety’s (IIHS) 2015 TOP SAFETY PICK+ award. This is the first time Tucson, which received a significant redesign for the 2016 model year, has received the highest honor from IIHS.
IIHS rates vehicles for occupant protection based on performance in five tests: moderate overlap front, small overlap front, …
• Hyundai Motor’s best-selling model evolves with innovative design
• Award-winning compact sedan inspires driver confidence with enhanced performance and stable handling
• Class-leading convenience and safety features are tailored to customer needs
September 9, 2015 – Hyundai Motor Company, South Korea’s largest automaker, today unveiled the ‘All-new Elantra (named Avante in Korea)’, a sophisticated evolution of the brand’s long-established compact sedan. Now in its sixth …
- Five-year deal secures supply to Hyundai dealerships worldwide - Technical collaboration will lead to new powertrain and lubricant developments (From left to right) Mr. Roger Moulding, Vice President of Shell Global Marketing and Global Key Accounts, and Mr. Tak Uk Im, Executive Vice President and COO of Hyundai Motor, Wednesday signed a global business cooperation agreement at Hyundai Motor's headquarters in Seoul, Korea January 30, 2015 - Hyundai Motor Co., South Korea’s largest …
FOUNTAIN VALLEY, Calif. – The all-new Hyundai Sonata won the 2015 BEST Economic Performance award from the Automotive Science Group (ASG). The award recognizes the model that holds the lowest cost of ownership in its class. In addition, the Sonata and Santa Fe Sport were honored as BEST 5 All-Around Performance models for achieving the highest combined social, environmental and economic performance scores. “The Automotive Science Group recognizes Hyundai’s continued commitment to innovation, …
Hyundai Motor Company, whose joint venture in China is celebrating its 10th anniversary this year, today unveiled its China-exclusive Elantra (“Langdong,” or 朗動 in Chinese) and its all-new Santa Fe at the 2012 Beijing International Automotive Exhibition, held at the China International Exhibition Center.
Langdong, which can be translated as a “dynamic (car) for the young, new generation,” is based on Hyundai Motor’s best-selling and multi-award winning Elantra that has captured the hearts of customers worldwide. Together with its new third-generation Santa Fe, Hyundai aims to boost its mid- to large-sized vehicle offerings in China and raise its brand image.
“A decade ago, Hyundai was known for making only small cars. Today, our Equus and Genesis* luxury cars compete with the best vehicles that Europe can make,” Seung-Tack Kim, Executive Vice President & COO of Hyundai Motor’s Global Business Division, said in Beijing today. “Ten years ago, we were a follower in the auto industry. Today, we are a leader – and ready for the future.”
* Badged as Rohens in China.
Langdong, which will be produced at Hyundai’s new, third plant in Beijing in the second half of this year, is expected to accelerate the upward momentum for Hyundai in the world’s largest auto market. Beijing Hyundai Motor Co. (BHMC), Hyundai’s joint venture in China, is currently building a third plant, which will raise its maximum production capacity to one million units.
Langdong is based on a design concept called Wind Craft that is part of Hyundai’s larger design philosophy of Fluidic Sculpture, which has been applied to the company’s entire lineup since 2009. The aggressive front-end design of Langdong, with its wraparound headlights, creates a feeling of motion and strength. The streamlined character line on the side volume sweeps back dramatically toward the rear, giving the entire vehicle the appearance of having been crafted by the wind.
Langdong is a compact car with the feel of a larger car. With an overall length of 4,690 mm, width of 1,880 mm, height of 1,680 mm and a wheelbase of 2,700 mm, Langdong is larger than its competitors. This means Langdong provides consumers with the convenience of a compact car but the practicality and comfort of a mid-sized car.
Hyundai’s 1.6L and 1.8L MPI engines will be offered on Langdong. The 1.6L engine has a maximum power of 93.8kW (127.4ps) and a maximum torque of 155.5N.m(15.9kg.m). The 1.8L engine has a maximum power of 107.4kW(146.1ps) and a maximum torque of 174.6N.m(17.8kg.m). Langdong also offers excellent fuel economy, beating its rivals with fuel-saving devices that include our 6-speed manual and automatic transmissions and Hyundai’s Active ECO driving mode.
Inside, premium features include a navigation system, dual-zone and fully automatic air conditioning; ventilated, fully adjustable power seats with seat heaters, an LCD instrument display and push-button start.
Driver safety is a high priority for Hyundai. Langdong, which has received the highest safety ratings from government agencies in Europe and the U.S., has a series of active and passive safety features including side air bags, an emergency brake reminder and a tire pressure monitoring system, to name a few.
Hyundai will introduce its advanced Blue Link infotainment system to Langdong. Blue Link offers a wide variety of features such as safety and maintenance alerts, navigation and remote control, all with minimum driver distraction. Starting from the first half of this year, Hyundai plans to expand its lineup of cars in China that offer the Blue Link service.
Also at Beijing, Hyundai unveiled its all-new Santa Fe, which made its world premiere at the 2012 New York International Auto Show this month. The new Santa Fe showcases the brand’s cutting-edge capabilities through its new design, impressive fuel economy and a host of advanced features.
The exterior of the Santa Fe invokes the impression of irrepressible motion through its own design concept called Storm Edge, which captures the strong and dynamic images created by nature during the formation of a storm. The futuristic and urban-style design, with its bold hexagonal front grille, lets people know immediately that Santa Fe is a Hyundai.
Hyundai believes the all-new Santa Fe, which will begin sales in China in the second half of this year, will be a great answer to families with two or more kids that seek the size, flexibility and capability of a crossover at the same time.
Alongside Langdong and the new Santa Fe, Hyundai also displayed its top luxury vehicles, as well as its latest powertrain technologies and eco-friendly lineup, including its Extended Range Electric Vehicle concept car i-oniq, the Sonata Hybrid, BlueOn and its ix35 FCEV (Fuel Cell Electric Vehicle).


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March 8, 2017 -
An Advanced GTM Deployment for a Results-Oriented Business
Nutrisystem chose Napkyn as its strategic analytics partner in the summer of 2015 to migrate its analytics environment from Adobe Analytics to Google Analytics Premium (GAP) and Google Tag Manager (GTM). Finding the Adobe deployment challenging to navigate and maintain, and having not taken advantage of a Tag Manager in the past, Nutrisystem – which sells weight loss programs, products, and services almost exclusively online – required a more efficient and user friendly way to track in-depth marketing performance across the run of the business. Read the full story in the Napkyn Analytics Case Study Guide.


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Technology trends in financial services
Blockchain, data analytics and mobile payments are among the technologies having the greatest impact on financial services, panelists in yesterday’s technology trends session agreed. In terms of development, as Commerzbank chief information officer Stephan Mueller described it, mobile and data analytics are “already there”, while blockchain is still in the beginning.
As the bank looks at how best to use blockchain, Mueller said, it has decided that it is better to collaborate rather than to go it alone and to look at opportunities for interoperability. And while the use case is important, there also has to be a business case for it to move forward.
Where value will come from, IBM lead cloud advisor Rashik Parmar observed, is using blockchain to reduce inefficiencies and optimise processes in order to create new value – something that will require banks to reimagine their role. Another part of the solution, he added, is the open ledger, which can create a new level of transparency. UOB Bank managing director, Susan Hwee, added that she looks at trade finance, where documents have to move, as a big opportunity.
A major advantage of blockchain is that it can enable faster payments at a time when what Hwee calls “instant generation” customers are asking why it takes so long to move money.
In the plenary session on Monday, Gottfried Leibbrandt, chief executive of Swift, spoke of the potential of distributed ledger technology, DLT, (”it is not a sandwich”), particularly if banks were to use it in a private setting for the transfer of assets. “I would like to think that SWIFT is well placed to host such blockchain communities,” he said.
Leibbrandt, however, sat on the fence as to whether blockchain woud become mainstream and pointed to other technologies that showed promise, but failed to have mass adoption.
In terms of data analytics, panelists agreed that there are tremendous opportunities to make better offers to the customer. As an example, Mueller said whereas about 2 per cent of customers sign up for most offers, more than 25 per cent signed up when the bank used analytics to offer an investment in solar energy to people who had bought solar panels. “We don’t have to spend a fortune on marketing campaigns and you don’t bother the customer with offers he doesn’t like.”
Parmar added that the key is to find what matters for the individual and the language they will respond to, then translate it into value for the bank that doesn’t break the ethics of the individual. “Regulation and ethics are big questions,” Parmar said.
Hwee said one of the key challenges she faces is finding people with the skills to mine the data. While the bank does well in using data in a traditional way, adding value to customers’ lifestyles is harder. “We need to hire a lot more non-banking people to think outside the box.”
What quickly became clear when the discussion turned to mobile payments is that practices differ widely. Whereas Mueller said highly sophisticated payment schemes that already exist in Germany make mobile payments less important, Hwee sees them as very important in Singapore and said the bank is focusing on how to get the whole value chain.
The key, Parmar observed, is to get the customer’s attention and offer something that inspires them, motivates them and is tied to their human needs to create a “magical experience”. And from a technology perspective, Mueller explained, banks need to bring the Web designer and mainframe together, Java with Cobol – that’s a challenge.


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Payfriendz is a new app that lets you send money to friends via instant message, from you mobile. It makes sending money to friends as easy, quick and fun as sending a picture or text message via WhatsApp.
In a nutshell, it lets you top up in advance, then transfer funds to anyone in your contact list, off the cuff.
Right now, it converts funds into Euros and Pounds but, the app can be used anywhere.
So, if you’ve got a mate in London and you really need them to pick up something for you at Marks and Spencer, you can easily send them the funds. Then, there’s the what they could haul back for you in duty free items.
Payfriendz debuted during the Berlin Tech Open Air and became available for Android and iOS in Europe in late July.
The Payfriendz disruption
In the wake of Shareconomy and Bitcoin there has been an outbreak of new financial P2P technologies, but none of which have upped the social user experience like this.
Payfriendz aligns money transfers with the conventions most consumers actually employ, namely mobile technology. By adding a social component Payfriendz reflects that a financial transaction is also an emotional interaction. Through the intuitive design, money can be sent swiftly and easily to contacts, as if it were a chat message, with the added benefit of free transfers, and a miniscule 1 per cent fee for cross-currency transactions.
You see, unlike its closest competitors, Payfriendz is not a bank.
“Our approach is different from the boring banking apps out there in the market. We aim to simplify day by day transactions between family members, friends and colleagues and make people’s lives a bit easier, on a global scale. The current releases in UK and Germany are very promising, but it’s just the beginning. I assure you we have thousands of ideas and use cases for the next couple of years. I’m very exited to be part of this awesome team leading a small financial revolution,” says Michael Boecher, Head of Product development for Payfriendz.
How Payfriendz works
To register, all a user needs is a smartphone and a cell phone number. Money is sent exclusively from one Payfriendz account to the other without users having to swap bank account data anymore – turning banking into social peer-to-peer transactions.
The integrated messenger function makes transferring money easier and more personal than ever, and far more direct. A restaurant tab or cab bill shared among several friends, organising a group gift for a colleague, all of that can now be cashless and doesn’t require an ATM being at hand.
Users may also simply and safely use their Payfriendz balance when shopping online thanks to the virtual Payment Card in cooperation with MasterCard that is available within the app (e.g. to pay at Amazon, Net-A-Porter, etc).
- Real-time transactions that are free-of-charge
- Intuitive GUI and discerning design
- Registration by mobile phone number and smartphone
- Messenger function with Emoticons
- International transactions in Euro, GBP and USD with real-time currency conversion with a low fee (1%)
- Optional virtual MasterCard for online purchases
- Safe and secure to finance industry standards
- Works anywhere in the world
The Payfriendz team recently told Anthill that it aims to bring a personal touch to the world of mobile payments.
“Our real advantage is our strong team with inspiring talent from all over the world totally being in love with what we’re creating together. And people can see that in the app. We don’t want to be just another impersonal banking app run by a conservative bank thinking it’s what they should do right now. We are far beyond that,” added Christian Ritosek, Co-Founder of Payfriendz.
“There’s a story behind each payment, there are emotions involved, like a gift of a nice after-work dinner, a cool weekend trip or, simply collecting money for a birthday gift to make someone happy. Banks will never understand this. We do, and that is why more and more people are using Payfriendz,” said Ritosek.
Payfriendz is free to use and full details can be found at Payfriendz.com (note: Payfriendz doesn’t yet automatically convert AUD).


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Texas Instruments (TI) has signed a definitive agreement to acquire analog chip maker National Semiconductor for US$6.5bn.
TI will pay US$25 per share in an all-cash transaction. Both companies are leaders in the analog semiconductor business.
The boards of both companies have unanimously approved the transaction.
“This acquisition is about strength and growth,” said Rich Templeton, TI’s chairman, president and chief executive officer.
“National has an excellent development team, and its products combined with our own can offer customers an analog portfolio of unmatched depth and breadth. In recent years, National’s management team has done an outstanding job of improving margins and streamlining expenses, which upon close will increase TI’s profitability and earnings per share, excluding transaction costs.
“Our ability to accelerate National’s growth with our much larger sales force is the foundation of our belief that we can produce strong returns on our investment. The combined sales team will be 10 times larger than National’s is today, and the portfolio will be exposed to more customers in more markets,” Templeton said.
Analog semiconductor portfolios
TI has more than 30,000 analog products in its portfolio while National has more than 12,000 analog products.
Once the transaction is complete, analog semiconductors will account for 50pc of TI’s revenues.
The market for analog semiconductors was US$42bn in 2010. TI is the market leader with 2010 analog revenue of US$6bn, or 14pc of the market. National’s revenue in calendar year 2010 was about US$1.6bn, or 3pc of the market.
“Our two companies complement each other very well,” said Don Macleod, National’s chief executive officer.
“TI has much greater scale in the marketplace, with its larger portfolio of products and its large global sales force. This provides a platform to enhance National’s strong and highly profitable analog capability, power management in particular, leading to meaningful growth,” McLeod said.
The transaction is expected to close in six to nine months.


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In recent years, the web 3.0 movement, which seeks to fundamentally change the economics of the Internet, has gained significant momentum. For many telcos, the disruption caused by a shift to web 3.0 could open up opportunities to rebuild relevance and revenues in the consumer market.
For the past 30 years, telecoms regulation has largely been designed to keep the market power of incumbent telcos in check. Now, the growing maturity of the market, the massive power of global digital players, and the pressing need for more investment are combining to prompt a regulatory rethink. How should telcos and regulators change their approaches to accelerate the cycle of growth and innovation?


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30 Nov A first glimpse at the 2019 Audi R8
There’s a new Audi coming out that all Audi fans are going to fall in love with — the Audi R8. That’s because Audi has made it easy to fall in love with it thanks to its great looks, impressive terms, and relative affordability. Best of all, the R8 is getting several tweaks in 2019 to make it even more different from previous versions of the car.
Don’t worry, though, because the impressive, naturally-aspirated V10 isn’t one of the things changing. In fact, the engine is available in two power ratings. It’s expected that the standard car will produce 532 horsepower whereas the better version will exceed 600 horsepower.
There are several performance upgrades to look forward to, however. Audi has promised that the 2019 R8 is going to get much better handling thanks to improvement in the suspension and steering adjustments. Audi hasn’t elaborated on exactly what is changing but it is expected that the 2019 R8 will have better steering feedback.
There will also be new drive settings for the 2019 Audi R8. Specifically, this will be dry, wet and snow setting for the car’s performance mode. While we doubt anyone will be driving the R8 in the snow, it isn’t beyond the realms of possibility and it goes to show what the German manufacturer thinks is possible with its flagship supercar.
There are also new 0-inch lightweight machined wheels available as an option on the 2019 Audi R8 alongside the standard 19-inch units. Like previous models. The 2019 version has carbon-ceramic brakes as an option, too. At the front, Audi has changed the R8’s front splutter, making it from carbon-reinforced plastic. The result is that the car’s weight has been shaved by over 4 pounds. The actual nose of the car has more of a square look for 2019, and several cool looking vents have been added above the remodeled central grille. The effect is that the 2019 R8 looks a lot like the original and oh-so-famous Quattro of the 1980s. At the back, the rear diffuser has also been redesigned with a central vent added. For those of you who care about color, two new colors have been added for 2019: Ascari Blye and Kemora Grey.
The changes that Audi is making to the 2019 R8 Coupe and the Spider are massive, all of the upgrades added up should help to make this fantastic model even better. The 2019 Audi R8 will be offered in Europe by the end of the year, but an Audi spokesperson has only said that the new R8 will make it to America sometime in 2019.
If you can’t wait until then, why not upgrade your current R8 with Gerber Motorsport. Our tuning and performance can transform the way that your R8 drives — especially out on the track.


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#Weekly Funding Overview[May 16~ May. 20]
The total funds raised by Korean startups of this week is KRW 146.3 billion.
|Studio XID Korea
|LB Investment, Mirae Asset Venture Investment, HB Investment, Dev Sisters Ventures, Intops Investment
|D.camp, Hyundai Technology Investment
|Hyundai Marine & Fire Insurance
|Clothes repair platform
|BonAngels Venture Partners, Bass Investment, Smilegate Investment
|Hana Ventures, Devsisters Ventures
|Korea Development Bank, Hanwha Investment & Securities, Daesung Startup Investment, Sejong Venture Partners, UTC Investment, Hana Financial Investment, Open Water Investment, Lotte Ventures, D3 Jubilee Partners, NH Venture Investment, Aju IB Investment
|Kyobo Securities, Mirae Asset Venture Investment, DT&Investment, Industrial Bank of Korea, POSCO Technology Investment, KrunVentures, Nau IB Capital, ACE Investment & Finance, DaNaA Data
|DSC Investment, Sparklab Ventures, Feynman Asset Management, Partners Investment
|Hanwha Life Insurance, The Wells Investment, Innopolis Partners, Shinhan Capital, KClavis Investment
|Korea Venture Investment
|Branch and Bound
|The Invention Lab, CNTtech
|Hana Financial Investment PI, Quantum Venture Korea, IGIS Asset Management
|NPX Private Equity
|Reverent Partners, Shinhan Financial Group, Korea Development Bank, Korea Investment & Securities, Daol Investment
|NAVER D2SF, Future Play, Timewise Investment
|Insight Equity Partners, Bass Investment, Digital Healthcare Partners
|Y&Archer, Hanlim, CKD Venture Capital
|Strong Ventures, Capstone Partners, Schmidt
|Pearl Abyss, Magellan Technology Investment, Credit Guarantee Fund
|New Paradigm Investment, Korea Alternative Investment Asset Management, Kookmin University Technology Holdings
|KB Investment, Angels
|KB Investment, Z Venture Capital, DCG, Strong Ventures
- Art tech company Vive Studios raised KRW 9.5 billion in funding. They produced BTS’s virtual concerts. It aims to become a global company through technical improvement with this investment.
Top 10 Most-Funded Startups in May
The startup investment market is getting worse. The same goes for the global market as well as the Korean startup investment market. The monthly investment is likely to drop to its lowest point this year in May, with funds focused on a small number of promising companies. Here we introduce the 10 companies that received the most funding in May.
1. OHouse operator Bucket Place raised KRW 230 billion in investment and reached unicorn status with a corporate value of KRW 2 trillion. OHouse has grown into a platform that sells one piece of furniture every seven seconds. It hopes to become a lifestyle super app by enhancing technology and infrastructure and entering overseas markets.
2. Apartmentary, a home interior and remodeling startup, secured KRW 30 billion in funding. It addresses the problem of asymmetric information in the home interior market, and it recently created a local base brand to broaden the offline experience. The company plans to solidify its position in the domestic living market and actively advance into overseas markets with the funds.
3. Streami, the operator of the virtual asset exchange Gopax, attracted an investment of KRW 30 billion. Its corporate value is estimated at KRW 370 billion. It opened the KRW market after the enforcement of the Act on Reporting and Using Specific Financial Transaction Information. Its potential for growth has been recognized, and the funds will be used for aggressive marketing
4. Fandom Business BeMyFriends raised KRW 22.4 billion from CJ and promoted Fandom services jointly. It plans to supply exclusive content using CJ’s music and video IPs and networks and produce creator NFTs.
5. Armored Fresh closed on KRW 27 billion in funding. It developed almond milk-based vegan cheese and launched it globally. The company will accelerate its expansion into the US and Singapore markets with this funding.
6. Logistics platform Roadwin Human received an investment of KRW 17.5 billion. It plans to increase its logistics and delivery vehicle operations, as well as attract new B2B customers in the vehicle management sector based on consignment services. The company aims to go public in 2024.
7. EVR Studio raised KRW 17 billion from Cheil Worldwide. It will improve its metaverse capabilities and build a metaverse-based business model with Cheil Worldwide.
8. Studio XID received a KRW 10.5 billion investment. Its service ProtoPie is a no-code tool for designers and is used by companies such as Google, Amazon, and Microsoft. The company will establish a branch in Canada and target the North American market.
9. Nanosatellite startup Nara Space Technology raised KRW 10 billion in investment. It produces its own nano satellite systems and parts and even provides a platform for utilizing satellite data. In the first half of next year, the company plans to launch its own satellite, Observer 1A, into space and test its performance.
10. Fastview, a content commerce business, got KRW 10 billion in funding, bringing the total amount raised to KRW 12.5 billion. It operates content monetization solutions for content creators and platform operators. It will secure talent with the funds.


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Honda has announced a new addition to the company’s Talon line. The 2023 Talon 1000 S models are effectively carryovers from the 2022 model year, all built to last year’s specifications. Why do this? To hold dealers and buyers over until the updated 2023 units bow later this year. Think of it as the Jeep Cherokee Classic of side-by-sides. Honda sent over a pile of photos of the “new” rigs, and we’ve got them all here to enjoy.
Want to stay up to date on the latest UTV Driver news and reviews? Sign up for our weekly newsletter!


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VTA is honored to announce VapeTithing as a Silver Member. VapeTithing, under the leadership of Fig Ramsey, has blazed new trails on behalf of vape shop owners and state associations throughout the United States. As a vape shop owner, e-liquid manufacturer, and fierce advocate for vape shops, we are proud to see Fig and VapeTithing join the VTA family.
Fig Ramsey explains: “We consider ourselves fortunate to work with many of the best trade groups in the nation, the overwhelming majority of whom are in agreement that Vapor Technology Association is the clear choice for moving the vapor industry forward on the national level. We intend to further define our support of our affiliates by supporting a cohesive & unified strategy at the federal level. Clearly, with programs such as the 50 State Joint Defense Strategy, VTA is uniquely poised to take on the challenges of defending our industry at the state level. We are proud to join VTA in the mission to protect the vapor industry, and very much look forward to continuing to support of our Advocacy Affiliates, through our cause-based platform, www.VapeTithing.com.”


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Gemspring Capital has invested in Shrieve Chemical Company, a distributor of industrial chemicals, performance fluids and specialty lubricants, in partnership with the company’s senior management team.
Shrieve Chemical sells more than 700 products sourced from over 600 suppliers and is one of the leading distributors of sulfur and sulfuric acid. The company’s products are sold worldwide in more than 40 countries in the Americas, Europe and Asia.
Shrieve Chemical, led by CEO Ted Threadgill, was founded in 1978 by Jim Shrieve and is headquartered in The Woodlands, Texas, with additional facilities in Florida, the UK, China and Scotland.
“Our partnership with Gemspring is an exciting new chapter in Shrieve’s long history of growth and innovation,” said Mr. Threadgill. “Gemspring’s chemicals expertise, commitment to innovation, understanding of distribution and experience partnering with management owners will help propel continued growth at Shrieve as we expand our product offerings, invest in our team and continue to serve our customers with the highest commitment to quality and reliability.”
“The global chemicals market is poised for continued growth with value accruing to technically capable, service-oriented companies like Shrieve,” said Geoff Broglio, a principal at Gemspring. “We are excited to partner with Ted and the team at Shrieve to build on the strong foundation established by founder Jim Shrieve.”
Westport, Connecticut-based Gemspring invests in companies that have revenues up to $500 million and are active in the business services, distribution and logistics, healthcare services, financial services, industrial services, software, and specialty manufacturing sectors. The firm held a final closing of its debut fund in November 2016 with $350 million of capital commitments.
© 2019 Private Equity Professional | December 5, 2019


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The environmental impact of goods and services has become an important selling point towards consumers.1 So far, so-called green marketing has been assessed based on general rules on marketing and industry self-regulation.2 Now, as part of the EU’s Circular Economy Action Plan (which links to the larger European Green Deal strategy), the Commission tackles issues specific to green marketing – which might not always be as green as it seems.
In recent years, the EU Commission has taken great efforts to reduce any risks and confusion related to green marketing. The latest Commission proposal concerning green washing and substantiating environmental claims is expected to be published during March 2023.
Last year the Commission proposed new rules to regulate environmental claims in marketing and consumer relations to enable consumers to make more informed decisions and have an active role in the green transition. This article recaps the key elements of the proposal.
The proposal seems to continue the EU’s efforts to protect consumers in developing environments of, e.g., circular economy, digital services, and artificial intelligence. The Commission’s proposal would amend two directives, the Unfair Commercial Practices Directive (2005/29/EY) and the Consumer Rights Directive (2011/83/EU).
For the Unfair Commercial Practices Directive, the proposal would introduce a number of new commercial practises that can be considered misleading and, therefore, prohibited. It would be prohibited to mislead consumers about certain environmental and circular aspects of products, such as environmental and social impact, durability and reparability. Further, a commercial practise could be misleading if it involves advertising something as a special benefit when it is actually a common practice in the market, or providing comparison tool services for sustainable products without disclosing certain relevant information, such as information about the method of the comparison.
The Unfair Commercial Practices Directive contains a “black list” of commercial practises that are always considered misleading regardless of circumstances. The proposal would supplement the list with ten new practices including, e.g., displaying a sustainability label that is not based on a certification scheme or not established by public authorities, and making an environmental claim concerning the entire product when it concerns only a certain aspect of the product.
Further, the proposed rules would prohibit using so-called generic environmental claims such as “environmentally friendly”, “eco”, “green”, “biodegradable”, “carbon neutral” and “biobased” if such claim could not be demonstrated with recognised excellent environmental performance in accordance with officially recognised eco-labelling schemes in the EU or the Member States, or other applicable EU laws.
As for the Consumer Rights Directive, the proposal would introduce new pre-contractual information that companies should provide to consumers, in particular information on the durability and reparability of goods.
The proposal is currently awaiting the opinion of the European Parliament. Should the proposal be adopted, Member States, including Finland, have 18 months to implement it with 6 additional months to commence the application.
For more information, please see the Commission’s proposal here.
1 Please see a briefing concerning the proposal with references to studies on the importance of environmental impact to consumers.
2 For example, the Board of Business Practice of the Finnish Chamber of Commerce published its own recommendation for the use of environmental claims on 11 January 2023 (please see here).
Special thanks to Pinja Peltomäki who participated in researching for this article and worked as an Associate Trainee at Dittmar & Indrenius in winter 2022.


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KFC is the 14th largest restaurant chain by sales in the country. Last year, the company generated about $4.4 billion in sales throughout its 4,000-plus U.S. locations.
Much of those sales were ignited by the company’s unusual marketing gimmicks, such as a fire log that smells like fried chicken, and product offerings, like its new Cheetos sandwich. These types of campaigns are no doubt playful, but they require a degree of legal scrutiny before they’re actually pushed to market.
Fortunately, KFC has a team of lawyers willing to do such work. And three out of four of those lawyers just happen to be UofL alums.
The team is led by Chief Legal Officer Melanie Bootes, a graduate of the Brandeis School of Law. Prior to law school, Bootes earned her bachelor’s degree from Clemson University. She started her legal career at Louisville firm Bingham Greenebaum Doll in 1999 before joining KFC in 2003. She was named CLO in 2015.
Bootes and her team were featured in Louisville Business First last week. The article examined the work these in-house attorneys are tasked with doing to green light the chain’s distinct marketing promotions, such as creating a label for the KFC fried chicken-scented sunscreen that met federal regulations accurately describing the product’s effectiveness.
The legal team’s work extends beyond fun marketing stunts, however. Bootes expressed pride in the team’s work behind the company’s franchise and development strategies, for example.
In the story, she noted that the team has alchemy, “that magic of having somebody that’s as smart as a whip, who fits into the culture … We were fortunate that we’ve got an incredible team of great lawyers and it’s a team of people who really enjoy each other and work well together.”
Bootes is joined by Sarah Osborn Hill, who also earned her JD at the Brandeis School of Law. Prior to law school, Hill earned both a bachelor’s and a master’s degree from the JB Speed School of Engineering. Hill spent the early part of her legal career with Wyatt, Tarrant & Combs LLP before joining the KFC team in 2014.
The team’s youngest member is Kate Ward, who earned her bachelor’s of science degree from UofL and joined KFC in 2016 after a 5-year stint at Bingham Greenebaum and Doll.
A fourth member of the team, Dawn Croft, is a UK law grad, which perhaps makes water cooler conversations at KFC’s Louisville headquarters interesting come basketball season.


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- THE MACHINIST TV
- CASE STUDIES
Continental and Amazon Web Services (AWS) will be working together going forward within the scope of a new development cooperation.
Centre approves Rs 350 crore to setup 16 API manufacturing plants under incentive scheme
IHS Markit India Manufacturing PMI report indicates a subdued manufacturing sector for March
Carsten Liske took over as Chief Executive Officer of CHIRON Group SE on March 1, 2021
American technology giant, Apple’s manufacturing partners are joining the company’s drive to become carbon neutral by 2030
Intel, Fastrack to IT (FIT) and the Kildare and Wicklow Education and Training Board have launched a new manufacturing skills programme for women in Ireland
The Automotive Component Manufacturers Association (ACMA) has urged the state government of Haryana to revoke its law which mandates companies to recruit 75 per cent of the total blue-collar...
The technology company Continental has announced a new strategy for its hose and line business


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Apple Earnings: Apple Watch Will Be Company's Biggest Test
Endpoint Technologies' Roger Kay provides analysis of Apple's fourth-quarter earnings, including potential success and headwinds the company faces in 2015. Photo: AP
This transcript has been automatically generated and may not be 100% accurate.
... some are calling it a quarter for the ages Apple surpassing even the most bullish Wall Street expectations for its holiday quarter with an improbable five back to selling forty six percent more I've phones ... that higher prices than earning more on each sale ... endpoint Technologies founder and president Roger Kay ... joins us now to discuss hello roster ... the quarter for Apple ... Schuster menus in demand for the I phone was staggering at a time when smartphone growth ... was thought to be growing what are the things that Apple did right in the quarter to help that happen ... well one of the main changes ... Infantino larger phones so Samsung and some of the other Android players ... managed to move up in market share by providing larger phones are sometimes call tablets of ... land that ... tablets and phones ... and Apple finally moved into the states with the six ... in the six Plus in particular and to that night ... okay so ... more people than ever to the I phone before going forward can they grow from there how much upside is there ... well here's the problem and even Apple can ultimately don't ... run ... the market when Apple becomes the market it can ... run the market's other some limits to growth ... and certainly they're going to some foreign know ... right now there's a lot of things are looking pretty good for example China ... has a great market for Apple ... is likely that there are still plenty of penetration to go ... over there and other ... developing markets where Apple can continue to gain ... share and ... sole phones to previous ... owners as well ... but ... there is limited to grow at some point so the market should be ready for a moment when Apple can run itself and more in the launch the new product with our Steve jobs to be successful ... very important ... okay so right now ... Apple Pay is getting a lot of lives because people think or a good meaty Appaloosa company ... we can finally get people to pay with their phones ... so that's a big ... moment travel but in addition ... to ... the Apple Watch and that would be the first category of a new category ... since Steve Jobs and so it can ... can actually do the world to accept Apple watch the news proving he can do ... the same kind of magic that Steve Jobs capable on up till now there hasn't been done so this is a big moment for Apple can you give the world to accept the watch


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HP launched two new server ranges for the x86 market at its Discover partner conference in Barcelona.
HP South Pacific director and general manager servers and converged systems enterprise group, Raj Thakur, said building technology infrastructure that has innovation, flexibility and the ability to grow with speed is vital to the IT industry.
“Customers can deploy these workloads very quickly in an agile manner. This new style of IT infrastructure that HP is focussing on also helps to transform the data centre by helping growth, improving profitability and increasing agility,” he said.
The vendor said the products are designed to deploy mission-critical workloads in a highly-scalable and cost-efficient x86 environment. HP claims a point of difference through physical partitioning of the system and unrivalled scalability.
The first of the new products is the HP Integrity Superdome X. It is said to deliver four times faster e-commerce transactions than leading x86 platforms.
HP said that it delivers 20 times more reliability, with 60 per cent less downtime than other x86 platforms for stringent service level agreements (SLAs). It claims the product offers 32 per cent lower total cost of ownership, compared with competitive UNIX environments.
The Integrity NonStop X was also announced at Discover. The vendor said it is bringing mission-critical computing capability into an x86 architecture. HP said it is the only 100 per cent fully integrated, fault-tolerant system on the market for the most-stringent uptime SLAs.
The manufacturer claims it offers up to 25x increase in system interconnect capacity. Twice the NonStop CPU density in a single enclosure is said to enable decreased data centre footprint and costs.


text: Launched four years ago and based in Calgary, Carbon Upcycling Technologies is turning CO2 into a product to prevent erosion in infrastructure. Its competitive advantage derives from making infrastructure more efficient. In 2017, CUT saw positive revenues from its corrosion protection product, and this year it launched an additive for the plastics market. CUT, an X-Prize finalist, has found clients such as Costco, McDonald’s, Dunkin’ Donuts, Red Lobster, and Starbucks franchises. Contractors in Miami-Dade, Florida and Portland, Oregon have also used the company’s technology.


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Western Digital Corp. announced today that it has completed the acquisition of sTec, Inc., an early innovator in enterprise solid-state drives (SSDs). sTec will be integrated into HGST, a wholly owned subsidiary of Western Digital. The acquisition augments HGST's existing solid-state storage capabilities, accelerating its ability to expand its participation in the rapidly growing area of enterprise SSDs.
Completion of the sTec acquisition follows HGST's recent purchase of VeloBit, an advanced SSD caching software company, and the proposed acquisition of Virident, an innovative provider of server-side flash storage solutions. Collectively these building blocks expand HGST's presence in the enterprise SSD space, which IDC predicts will grow from $2.5B in revenue in 2012 to $7B in revenue by 2017.
"We are excited to welcome the sTec team to HGST, where they will play a key role in our ongoing growth," said Mike Cordano, president, HGST. "sTec has a strong technology capability and foundational intellectual property that will support our initiative to deliver intelligent storage devices tailored to meet the evolving needs of today's datacenter customer."
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Beverage influencers from across the country will come together to celebrate drink culture and the exciting cocktail renaissance in Napa Valley on November 6, 2011 at the 3rd Annual Mutineer Magazine Red Carpet Party at the historic Napa Valley Opera House. After two years in Hollywood, this renowned beverage event moves to the epicurean Napa Valley, whose glamorous food and wine culture needs no introduction.
Mutineer is thrilled to be partnering with two of Anchor Distilling’s iconic spirits brands on the event: Luxardo, the legendary Italian distillery now in its sixth generation of production, and Chinaco Tequila, which introduced the United States to ultra-premium Tequila in 1983.
“Luxardo is an iconic brand that has long been embraced by bartenders around the world, and Chinaco Tequila is on the verge of a massive resurgence as Tequila drinkers become aware of its pivotal role in the introduction of ultra-premium Tequila in the United States,” says Mutineer Editor in Chief and Publisher Alan Kropf. “These are two very special brands to Mutineer and we couldn’t be more excited to be featuring them at this year’s Red Carpet Party.”
In addition to the hand-crafted premium spirits brands, the Mutineer Red Carpet Party will feature Chinaco Tequila and Luxardo-infused canapés led by Millennial Napa Private Chef, Gary Penir of Cuisine GP. Chef Penir will focus on savory bites alongside rising star Pastry Chef Sara Wurst, who will create sweet and unforgettable cocktail inspired morsels.
For non-alcoholic beverages, Seattle-based DRY Soda will be pouring its line up of fruit, flower and herbal sodas, and Blk. Water will be pouring its unique black water infused with fulvic acid.
Local bartenders will be on hand to showcase their skills in “The King’s Ginger Holiday Cocktail Competition.” The King’s Ginger is an emphatically ginger liqueur originally created for King Edward VII of England (aka “Edward the Caresser”) in 1903. The eight battling bartenders will include:
Matt Jerome – Angèle, Napa
Cory Hancock – Bottega, Yountville
Christopher Kennedy – Bouchon, Yountville
Noel Lopreore – Farmstead, St. Helena
Steve Middler – Morimoto, Napa
Melanie Smith – Press, St. Helena
Jason Withrow – Redd, Yountville
Michael Jack Pazdon – SolBar at the Solage Resort, Calistoga
An impressive panel of bartenders, media and cocktail influencers has been assembled to judge the competition, including:
David King – Anchor Distilling Company
Sara Schneider – Sunset Magazine
Kevin Diedrich – US Bartenders’ Guild SF President + Bar Manager at San Francisco’s Jasper’s
Judd Finkelstein – Founder of F.O.A.M. (Friends of Ardent Mixology) + Winemaker at Judd’s Hill
Bradley Bolt – General Manager & Mixologist at Bar Deville in Chicago
Video footage from the cocktail contest and the event at large will stream live from MutineerMagazine.com and from ToutSuite Social Club, a virtual space where real life intersects with technology.
“We are excited to partner with Mutineer on this unique approach to a cocktail competition. King’s Ginger is fast becoming a staple behind some of the best bars in the U.S. and abroad. We want to highlight the riches of the liqueur with the talent of Napa Valley’s finest gems,” said Rusti Porter, Director of Marketing, Anchor Distilling.
The event is by invitation only; however, Mutineer readers will have the chance to win a limited number of tickets through social media contests in the weeks leading up to the festivities on November 6th.
Red Carpet Event Details:
WHAT: Third Annual Mutineer Magazine Red Carpet Party // The King’s Ginger Holiday Cocktail Competition
WHERE: Napa Valley Opera House – 1030 Main St. Napa, California
WHEN: November 6 // 7:30 – 10:30 p.m.


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September 2016 Sales
At the fourth position stood Hero Passion that suffered negative sales for eleventh straight month in September 2016, at 15 percent. It sold 92,378 units in September 2016.
A total of 43,000 new energy vehicles -- pure electric cars and hybrid electric cars -- were produced in September, up 25.7 per cent year-on-year, while sales increased 43.8 per cent to 44,000, according to figures from the China Association of Automobile Manufacturers (CAAM).
Notably, the Vitara Brezza took just seven months to breach the half a lakh mark since its launch in March this year.
Country's largest selling car Alto which recently faced heat from the competition has bounced back from the falling sales in the recent months has bounced back in the month of September with 27750 units.
In the passenger vehicles category, global sales stood at 67,895 units last month as against 63,334 units during the same period a year ago, up 7.2 per cent
In the domestic market, the company's net of taxes stood at Rs 17,947.14 lakh, while in exports front the same amounted to 1,263.46 lakh during September 2016.
Volvo Cars also reported its sixteenth consecutive month of global growth in September 2016 at 6 percent and delivered 45,539 vehicles worldwide. Sales for the first nine months are up 9.6 per cent year-on-year to 379,329 cars.
Exports for the month of September 2016 were up by 103.3 percent and stood at 61 units. During September 2015, escorts exported 30 tractors.
Closing the first half of this financial year on a high note, Nissan also reported a robust 48 percent growth, with 29,029 units sold in the period between April and September this year against 19,563 units in the same period last year.
This is the second consecutive month that Hero has sold six-lakh plus units, having clocked 616,424 unit sales in August; and the fourth this calendar year (March - 606,542 & April - 612,739).
Total two wheeler sales increased by 30.1% from 220,971 units recorded in September 2015 to 287,449 units in September 2016.
It has achieved 13 percent de-growth in gross turnover last month at Rs 101.33 crore, and its net turnover declined by 13 percent at Rs 91.25 crore.
Total tractor sales (domestic + exports) during September 2016 were at 30,562 units, as against 18,087 units for the same period last year. Exports for the month stood at 1,527 units.
Last month, the company exported 52,628 units less than September 2015, thereby registering de-growth of 30 percent. Its total sales also witnessed decline of 2 percent.
In September 2016, Honda gained over 3 percent share gain in total industry and 2 percent market share in domestic market. The company further said that 43 percent of the new industry volumes came only from Honda in financial year 2017.
The company's exports witnessed an increase of 18.3 percent and stood at 16,606 units. Hyundai exported 14,034 vehicles during September 2015.
Maruti Suzuki, the local leader in the passenger vehicle market, on Saturday reported a more than 29% rise in September dispatches, as it stocked up dealerships with the Baleno, Vitara Brezza and other models to meet festival demand.
Cumulative sales in the April-September period this fiscal, however, grew by 21.4 per cent to 8,320 units as compared with 6,852 units in the year-ago period, the company added.
The company, a joint venture between Sweden's Volvo Group and Eicher Motors, said total sales of Eicher-branded trucks and buses rose by 17 per cent to 4,734 units in September compared with 4,047 in the corresponding month last year.
Last month, HCIL sold 1,209 units of small car Brio, 2,608 units of premium hatchback Jazz, 2,861 units of compact sedan Amaze, 261 units of MPV Mobilio and 5,855 units of mid-sized sedan City.


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At least two people are dead and two others, including a police officer, are wounded after a fatal shooting at a Walmart store in Southaven, Miss. on July 30, 2019. The suspect has since been shot and arrested.
There are a wide variety of classic Christmas traditions that families and friends cherish. Caroling, baking Christmas cookies and looking at holiday lights are all ways to get into the holiday spirit and make precious memories. Another winter activity that many people look forward to every December is a Christmas train ride. Companies and railroads around the country offer the experience, but these 15 Christmas train rides are the most magical thanks to their views, charm, on-board entertainment and more. ( Kaitlin Miller, The Active Times)


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TOKYO (CBS.MW) -- Mitsubishi Electric, in the midst of a major restructuring in its business, on Thursday unveiled plans to spin off or sell its system large-scale integrated circuit and other memory chip businesses.
Japan's fourth-largest chipmaker said it plans to sell its dynamic random access memory operations to Elpida Memory, a 50-50 joint venture between NEC
Mitsubishi, with a 2.6 percent market share in the world's DRAM industry, is facing rising competition from foreign rivals such as South Korea's Samsung Electronics
Mitsubishi said the company expects to complete the sale of its DRAM operation to Elpida by April 2003. Elpida will gain the right to acquire all of Mitsubishi's standard DRAM devices and modules.
Financial terms were not disclosed.
Upon integration with Mitsubishi's DRAM operation, Elpida, set up in December 1999, will become the only major DRAM supplier in Japan. The company will also become the world's fourth largest DRAM maker with about 11 percent market share, overtaking Germany's Infineon Technologies
Elpida said it will also form a new alliance with Taiwan's Powerchip Semiconductor PWSGY that'll serve as a foundry for Elpida's DRAM production.
Mitsubishi, Hitachi in System LSI pact
Among the different types of semiconductors, DRAMs are widely used in different applications and devices and hence are priced at commodity levels.
System LSI, which combines memory and processing capability, takes up less space than separate chips for each function and allows consumer electronics makers shrink the size of their products. The System LSI is widely used in digital-video discs and cellular phones.
The new joint venture to be set up between Mitsubishi and Hitachi, meanwhile, will focus mainly on system LSI.
The new venture, Renesas Technology, will be capitalized at 50 billion yen ($409 million) and will be hold 55 percent by Hitachi and Mitsubishi taking the remaining.
The new company is scheduled to be set up on April 1 next year and aims to generate group sales of at least 900 billion yen in the fiscal year ending March 2004.
The integration was decided on because the life cycle of information technology products has become increasingly short, requiring microchip makers to step up the development of new products, said the companies.
Mitsubishi Electric's shares (6503) dropped 25 yen, or 6.4 percent, to close at 366 yen ahead of the announcement.
Hitachi (6501) lost 24 yen, or 4 percent, to close at 572 yen. NEC (6701) sank 21 yen, or 3.8 percent, to 538 yen.


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Xiaomi hosted the Mi 11 Ultra India launch event in April 2021. At the time of the launch, the company announced that its flagship smartphone will go on sale very soon. Customers willing to buy the Xiaomi flagship smartphone had to wait for more than three months to get an update on the sale date. The company recently confirmed that the Mi 11 Ultra sale will kick off in July 2021. Xiaomi is yet to announce the official sale date of its flagship phone. Meanwhile, users can get their hands on the device during the limited quantity sale in two ways. Let’s take a look at more details on the Xiaomi Mi 11 Ultra sale details, specs, etc.
Xiaomi Mi 11 Ultra sale details
Xiaomi Mi 11 Ultra goes on sale very soon in India. Ahead of the launch, the company has confirmed that the device will be available in limited quantities. Users can, meanwhile, guarantee their chance to grab the Mi 11 Ultra during the first sale.
Xiaomi is offering two ways for users to guarantee the purchase. The first way is through the ultra gift card. Users need to purchase this card for Rs 1,999. The second way is by participating in the Mi 11 Ultra challenges.
Users willing to guarantee their Mi 11 Ultra unit during the limited quantity sale need to buy the Ultra card from the company’s website. The card can be purchased for Rs 1,999. Along with the guaranteed chance to purchase the unit, users will also get additional benefits. These include two free screen replacements worth Rs 4,099, Times Prime annual membership, an Ultra merchandise SuperFan Box, and an additional Mi 11 Ultra F-code to share with other potential buyers.
How to get the Mi 11 Ultra card:
- Login to mi.com with your Mi ID.
- Purchase the Ultra card worth Rs 1,999 to get direct access to the limited quantity sale. This amount will be deducted from your device’s price at the time of the purchase once you apply the promo code.
- You will get the F-code on the day of the sale on your registered email ID. Keep in mind that the F-code is valid for only 24 hours on the day of the sale. Also, you need to select the colour of the device while purchasing the ultra card. Users cannot change the colour once the card is purchased.
Users can also earn their access during the limited quantity sale. They can participate in the Ultra challenge by completing three challenges. Xiaomi has already revealed the first challenge on its website. The other two challenges will be announced in the coming days. Click here to know more about the Mi 11 Ultra price in India and specs.


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Beauty boss who made a packet out of papaya: She started Dr.PawPaw to cure her child’s eczema. Now it’s worth £5.5m and she’s our Entrepreneur of the Year
- Pauline Paterson received Inspire’s Aphrodite Award in a ceremony in London
- 43-year-old launched Dr.PawPaw after her toddler developed chronic eczema
- Since 2013, brand has gained a celebrity following and is stocked in 30 countries
When Pauline Paterson found herself racing against the clock at 6pm to pick up her toddler from nursery for the zillionth time — dashing through crowds of London commuters, praying the suburban trains wouldn’t be delayed — she knew she was reaching the end of her tether.
‘I was dropping her off at 7.30am and then everything had to go like clockwork or it all fell apart.’ There had to be a less stressful way to make a living and be a mum.
So began her ‘side-hustle’ Dr.PawPaw, back then a venture with a single product: a funky-coloured tube of soothing skin balm made using papaya extract.
Eight years later, Pauline is the hugely inspiring boss of a £5.5 million business — and this year’s winner of Inspire’s Aphrodite Award, sponsored by the Daily Mail, part of the prestigious Everywoman Awards for the UK’s top female entrepreneurs.
Pauline Paterson, 43, (pictured) received Inspire’s Aphrodite Award at a ceremony at the Grosvenor House Hotel in central London last week
At a ceremony at the Grosvenor House Hotel in central London last week, she received her trophy to applause from an audience of leading businesswomen in ever-more diverse fields — from distillery owners to women’s health entrepreneurs, from body-positive activists to tech- industry innovators.
‘I was genuinely shocked to win,’ she says now. ‘The calibre of women on the Aphrodite shortlist and in that room as a whole was extraordinarily high.
‘There was such a lovely vibe there, too, all these women supporting each other at the end of what’s been another pretty tough year for everyone. I feel really proud to be part of it.’
In fact, it was the toddler waiting for her at nursery — Jasmine, aged two when Dr.PawPaw launched in 2013 — who inspired the brand. At the age of nine months, she’d developed chronic eczema on her arms and legs.
‘We tried every over-the-counter cream to heal it, but nothing worked. The GP suggested steroids, but we wanted to keep it as natural as possible.’
Pauline spent her childhood in Australia, where beauty balms quite routinely contain papaya, and as a last resort she tried one on Jasmine.
Instantly, the inflammation began to calm. Finding a source of papaya-based cream here proved impossible, however, and no one in Australia wanted her to import their product to the UK. So she started making it herself.
It was the move of a natural entrepreneur and yet Pauline is a hairdresser by training and has no formal education in business.
Now 43, she came to the UK at the age of 21 when she won an Australian hairdressing competition with a trip to London as the top prize.
Pauline (pictured) said Dr.PawPaw was started with £20,000 — ten from her savings and ten from two friends
‘I asked them for an open ticket hoping to prolong the visit, and ended up staying for good,’ she laughs. A few years later, she met British husband Johnny, 40, who was then in marketing but now works for Dr.PawPaw.
‘The first key to entrepreneurialism is believing in yourself,’ she says. ‘Self-doubt is honestly the biggest obstacle women face.
‘But the second biggest challenge is money. We started with £20,000 — ten from our savings and ten from two friends — and I didn’t give up my job in haircare [at the Wella Academy in central London] at first because I couldn’t afford to. I had a family; I couldn’t lose the house!
‘Having said that, I do really believe you can teach yourself any and every skill you need. You definitely need resilience to keep going, but with that and plenty of research, anything is possible.’
Baby Jackson followed Jasmine in 2013, just months after the business launched.
‘I’d be breastfeeding him while on the laptop learning about intellectual property law,’ she says.
Filing the relevant documents herself saved the fledgling business £30,000 in fees. ‘I worked whenever he napped and whenever both kids were in bed at night. I still do.
‘Of course I was tired, but at least I wasn’t doing that crazy commute or having to ring Johnny in a panic and tell him to walk out of whatever meeting he was in because I was stuck. It was definitely less stressful.’
As a pure novice — and, depressingly, as a woman — she encountered her fair share of prejudice as she entered the world of business. Turned down for a bank loan, and even an overdraft, she was often dismissed as ‘the face’ of Dr.PawPaw rather than its owner.
Pauline (pictured) admits that she hadn’t expected her brand to take off so quickly – today there are 36 products, from lip masks to hand creams to tinted balms
Yet her tenacity proved the doubters wrong, and when Harvey Nichols said yes to her (self-taught) pitch, she supplied them with 5,000 tubes of her original multi-purpose balm, and watched them fly off the shelves.
‘I really hadn’t expected it to take off so quickly,’ she says. ‘But after that we could really start to ramp up.’ Today there are 36 products, from lip masks to hand creams to tinted balms in their colourful little tubes, stocked in Boots, Superdrug, Sainsbury’s and Waitrose, the majority priced at less than £4.
With a celebrity following including Victoria Beckham, Emma Watson and Elle Macpherson, Pauline’s products are also now found on the shelves of huge U.S. cosmetics chain Ulta Beauty, which has 1,200 outlets across the States. Overall she’s stocked in 30 countries.
Next year the brand promises ‘a big launch’ of new products and a further push into the U.S. market. This year, however, has been hard, with Covid still causing havoc.
‘We haven’t made the targets we had for 2021 because we’re still operating in a world that’s very far from normal,’ admits Pauline.
Shipping costs have spiralled, she says, especially to China and the U.S. ‘I’ve spent long hours learning about global logistics this year, which I’d really rather not have done.
‘If anything good has come out of Covid, it’s the emergence of a new kind of self-care. I think women have really started to understand the value of taking time out for themselves, even if it’s just a long bath or putting a nice face mask on or reading a book.’
The pre-Covid merry-go-round was very hard for working mums to get off, she says — and when women did, they often felt guilty.
Pauline said her favourite moment at the Everywoman Awards last week was when other women approached her to tell her how much they loved her products
‘Now I think we talk more about the importance of mental health and prioritising a balanced life. When you feel good, you project that feeling.
‘You make better decisions, have more confidence and, in the end, your work is more effective.’ By contrast, when you’re low, ‘you’re much more likely to fall for bad advice and to not think clearly’.
She adds: ‘A nice body lotion or a new lipstick can have all these knock-on effects. The idea of wellness or self-care can seem trivial, but it really isn’t.’
Her favourite moment at the Everywoman Awards last week wasn’t on stage as she was handed her prize, but afterwards when other women approached her to tell her how much they loved her products.
‘Best of all was one who said her son had eczema and ours was the only balm that soothed it. That really made me smile.’
Source: Read Full Article


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In response to the discovery of unauthorized GMO rice in shipments of long grain
Four weeks ago, EU authorities found grains of Liberty Link Rice 601, a strain of biotech rice, in a shipment that had been certified free of genetically modified rice. According to Friends of the Earth, an environmental lobby, "there have now been almost 80 cases of contamination across
U.S. officials say it is too difficult and expensive to test all rice for GMO strains, and that biotech rice poses no risk to human health. Philip Tod, the commission's spokesman for health issues, says the need for testing is not based on health concerns but rather because the GMO rice is unauthorized.
European authorities said they would propose mandatory testing after a 15 day period in which European and U.S. officials could attempt to come to an agreement. European Commission and
The U.S. sent about 198,000 tons of long-grain rice to the EU last year, and exports about half of its total rice harvest.


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Wanted: Police Investigator
Albuquerque is seeking someone to take a sharp-eyed look at complaints against the police department.
Elizabeth W. Hughes
For the Pure of Heart
One of the most beautiful hikes in the world is only nine hours away
Sometimes it was hard for the Alibi’s travel writer to keep moving because she just wanted to sit there and take it all in. But there were 30 pounds on her back, miles of stream to wade through and only so much daylight.
One councilor says adding Council districts will preserve the city’s minority voice.
Odds & Ends
Funny because it happens to someone else.
New Mexico Hempfest
Presentations from industry leaders, as well as exhibitors and vendors showcasing products and services. Vendors are licensed producers, dispensaries, nutrient companies, medical clinics, health and wellness providers and more.
Solar Eclipse Party
Storytime and crafts surrounding the solar eclipse.
North Valley Coalition Mayoral Forum
A mayoral forum to focus on both Valley issues and citywide issues. Moderated by Weekly Alibi news editor, August March.
Over 50 authors, artists, filmmakers and more celebrate all genres under the theme of time travelling. Convention proceeds benefit UNMU's library and the Roadrunner Food Bank.
Savor delicious food from food trucks, shop from local artisans and grab a drink from the microbrew garden. Legendary artist Chubby Checker performs live.


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In December 2017, South African consumers spent over R100 billion in retail buying. Despite low levels of consumer confidence, the festive season remains a peak spending time within the country, and this increase in shopping translates directly into increased demand on supply chains.
2018 has seen a 19% upsurge in local online sales with South Africans predicted to spend in excess of R45 billion online before the end of the year. This trend is expected to escalate even more over the coming 24 months, with an estimated complete spend of over R60 billion in 2020, which will display a 36% increase as of 2018.
In just under 5 years Black Friday has come to be a major shopping phenomenon locally. This peak shopping day requires months of preparation to fulfil customer expectations when securing their special deals, whether online or in store. Black Friday is said to be the largest consumer day of the year in South Africa, with a record 4.7 million card transactions documented in 2017, of which over 250 000 were online transaction tallying up to over R 2.5 billion worth of credit and debit card retail transactions.
2018 has been an interesting year for local supply chains, perhaps most notably due to the impact of escalating costs, and the resultant adoption of advancing technologies. The volatile fuel prices in both crude oil and diesel have had an immense effect on the cost of doing business, and have therefore increased the need for more creative business models to remain profitable. One tactic being adopted is that of manufacturers shifting closer to their customer base, resulting in more diverse business locations and progressively flexible supply chains that allow companies to be more customer-centric to service client needs better and faster.
This transport month we celebrate ladies taking the wheel in our transport division
South Africa is said to have an astonishingly low rate of employed women. According to the Organisation for Economic Co-operation and Development (OECD) only 50% of women between the ages of 25 and 54 are employed. With a skills shortage and burgeoning demand for the transportation of goods, the transport industry is well suited to provide a solution for women whose innate attributes could make them well suited for driving trucks.


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Tyler Hayes, Fast Company:
From the outside looking in, the state of the music industry is tough to figure out. Streaming music was up 54% last year, but so were sales of the decades-old vinyl format. At the CES gadget extravaganza this week in Las Vegas, wireless products have been abundant—Google even announced a new wireless streaming initiative for connected speakers called Cast for Audio—but hardware makers also appear to be doubling down on high-end audio gear. The kind of equipment that’s typically meant for those with supersonic hearing, not average consumers.
Setting aside the woefully incorrect use of the word “supersonic” here, nobody has hearing good enough to notice the difference between a CD-quality file and whatever Pono is selling. Hell, most people can’t tell the difference between a mediocre quality MP3 and what’s on a CD. Hayes is just writing up the marketing package here.
If the trend in the music industry has been for people to stop paying for music, then the companies selling audio products are going to start targeting the outliers who still want to savor music that sounds like it just dripped from the musicians’ instruments. And if companies like Samsung, Sony, and Panasonic can make high-end audio equipment cool in the process, maybe more people will get serious about music.
I’m someone who still pays for music. I’m serious about music. This sort of stuff makes me feel like I’m getting ripped off, not like it’s “dripping from the musicians’ instruments”. Nobody gets serious about music by buying expensive audio gear. At that point, they’re not listening to the music — they’re just listening to the gear.


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PLI Scheme, PM Mitra Parks To Help Indian Textile Sector In Emerging As A Strong Competitor In Global Market: MoS Textiles
Union Minister of State for Textiles Darshana Jardosh on Thursday (30 June) said that the PLI Scheme and PM Mitra Parks will help Indian textile sector in emerging as a strong competitor in the global market.
Speaking after virtually inaugurating Avgol Nonwoven's New Manufacturing facility at Halol in Gujarat, Jardosh said that the government’s focus is on Five Fs- Fibre to Farm to Fabric to Fashion to Foreign.
She said that the contribution of India towards man-made fibre in the global market is 25 per cent, and in order to increase this share, PLI Scheme and PM Mitra Parks will support to achieve the desired scale and size while also emerging as a strong competitor in the global market, according to a Textiles Ministry release.
The minister said that Prime Minister Narendra Mod's vision for both PLI scheme and PM Mitra parks will help develop an ecosystem wherein Ease of Doing Business and through Plug in Play, the industry will achieve new heights.
She said that the PM GatiShakti-National Master Plan for Multi-modal connectivity will herald a new chapter of governance.
Jardosh added that Gati Shakti - a digital platform - will bring 16 ministries including Railways and Roadways together for integrated planning and coordinated implementation of infrastructure connectivity projects.
While the PM Mitra Park scheme aims to position India strongly on the Global textiles map, the Centre's Production-Linked Incentive (PLI) Scheme for Textiles products, namely MMF Apparel, MMF Fabrics and Products of Technical Textiles, is expected to enhance India’s manufacturing capabilities and enhancing exports with an approved financial outlay of Rs 10,683 crore over a five-year period.
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I’ll say this for Ron Johnson: He has turned staid J.C. Penney into the most talked-about retailer in the nation. The company accounted for five of the 10 most-viewed stories on this website in the first half of 2012 (see story). And industry analysts and consultants can’t stop speculating on the chain’s fortunes, in print, on the web and on television.
J.C. Penney Co. announced that it is eliminating approximately 350 positions at its headquarters in Plano, Texas, completing a reorganization of its corporate office that it said was designed to create a leaner and more simplified operating structure.
J.C. Penney Co. has launched a charitable initiative, called jcp cares, that will support a new cause each month by inviting customers to round up their purchases to the nearest whole dollar and donate the difference to the company's featured charity partner.
J.C. Penney Co. has asked a New York Federal court to dismiss a lawsuit filed by the visual merchandising firm Hudson + Broad over the Plexiglass LED square frame used in the chain’s new “Fair and Square” branding campaign, Women’s Wear Daily reported.
Does J.C. Penney have time on its side? Or to put it another way: How long will investors wait for J.C. Penney’s transformation? Because, based on the chain’s awful first quarter, it doesn’t appear to have even taken root yet. I’m not surprised.


text: It was around this time last year that we learned of the 2019 Edelstein Ink of the Year selection so it should not come as too much of a surprise that today brings news of Pelikan’s next batch of limited edition ink. In addition to learning of the M200 Pastel-Green, our second bit of product news is all about Moonstone, the forthcoming 2020 Edelstein Ink of the Year. The palette again shifts, this time to a silver-gray hue which is a significant departure from the prior Star Ruby release. This will be the seventeenth gemstone inspired color to grace the line-up. Moonstone will join Turmaline, Amber, Garnet, Amethyst, Aquamarine, Smoky Quartz, Olivine, and Star Ruby as the ninth Ink of the Year release. Some of these special editions have been resurrected to have a second life but, at least for now, we can expect this one to be a limited run for the next year. Moonstone is anticipated to grace store shelves sometime around March of 2020.


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It’s that time of year again – the Shared Value Initiative is seeking proposals for the 2018 Shared Value Leadership Summit's popular Storytellers speaking opportunities and the NEW for 2018, Solutions Salons. Each year Summit attendees join over 400 leaders from companies, nonprofits, and governments to start innovating the real business solutions that our world urgently needs.
As the wild ride of 2017 comes to an end, we reflect on a year that was replete with loss and pain, but also a year when leading corporations have stepped up on major social issues.
Through CECP’s collaboration with 200+ companies, hundreds of monthly inquiries and discussions, proprietary surveys, and conversations with leading experts and on-the-ground practitioners, we see six trends as companies lead during these uncertain times.
Returning that ugly Christmas sweater isn’t as easy as you think.
Multimedia with summary
Today’s online shopper wants what they want when they want it. But they also want to return whatever they want whenever they want.
Too many companies focus on that first reality while ignoring the latter challenge, Toby Moore, co-founder and CEO of Optoro, argues. In this episode, the leader of the reverse logistics company explains how an innovative returns approach creates return customers.
By John Streur, President and CEO, Calvert Research & Management
Aligning the capital markets more directly with the urgent needs we face as a society to halt environmental destruction and reverse decades of worsening inequality must be our priority for 2018. Alignment needs to occur at every level, across the global markets.
by Francis G. Coleman, Executive Vice President, CBIS
“Sometimes data behaves unethically…an algorithm that draws its lessons from the present reality can’t be counted on to improve the course of the future on its own.” – Antonio Garcia-Martinez, a former Facebook employee
We have officially entered the twilight zone.
As we have been speeding quickly along the information highway, enjoying our newfound access to information at breakneck speed and sometime encountering some speed bumps, never was it anticipated that humanity would get in the way.
A team of two German 15-year-old students sponsored by global technology-solutions provider Arrow Electronics won second place in the Open Junior category at the 2017 World Robot Olympiad (WRO) finals in San Jose, Costa Rica last month.
Arrow Electronics congratulated Matthew Rooda and Abraham Espinoza with the University of Iowa spin-out company SwineTech for winning the top undergraduate award last month at the 2017 Collegiate Inventors Competition. The SwineTech team also walked away with the first-ever Arrow Innovation Prize at the annual competition, which advanced the pair of young innovators to the final round of judging with all expenses paid.
Five strategies to stand up, break through and shift behavior
by Nicole Pontes, Senior Strategist, BBMG
A rising generation is calling bullshit on brands that overpromise and don’t deliver, and a new wave of brand campaigns suggests that to break through, it’s going to take more than feigned authenticity and cultural posing. If brands want this new generation of discerning consumers to pay attention, they need to be braver, bolder and take more chances than ever before.


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Output factor: A worker holds a silicon wafer at a fabrication plant in Germany. Global chipmakers are now bracing for a downtrend with growing inventory and shrinking demand. — Bloomberg
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THE prospects for the global economy appear to be increasingly challenging, as the risk of recession rises.
Concerns centre on elevated global inflation, aggressive interest rate hikes in some countries and rates staying higher for longer.
Signs of slower demand are seen as economic activities weaken across the United States to Europe and Asia, according to the latest manufacturing and services indicators.
Our recession dashboard flags a 37% risk of global recession, compared with 33% in July, said United Overseas Bank Malaysia senior economist Julia Goh.
Is it possible that as Asean “lives” with Covid-19, it is partially decoupling from the US economic slowdown and potential recession?
Asean is emerging as a defensive harbour, said Maybank Investment Bank in its report, citing factors that include:
> Accommodation and food services, construction and air transport sectors are still below pre-pandemic levels;
> Strengthening intra-Asean tra-de that will partly offset weaker Group of Three and China trade;
> Rising foreign direct investment and shifting manufacturing supply chains to Asean;,
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> Elevated energy and food prices benefit energy exporters like Indonesia and Malaysia;
> Less aggressive rate hiking cycle, except in the Philippines and Singapore;
> Relocation of headquarters and talent from Hong Kong, and capital inflows from Greater China on US-China geopolitical rivalry and divergent Covid-19 strategies.
While the balance of risks for Malaysia is tilted to the downside, the economy is still at a decent growth rate of 6.9% for the first half of 2022, with full year growth likely at between 5.3% and 6.3%.
Malaysia’s fiscal deficit has narrowed to RM45bil or 5.2% of gross domestic product (GDP) from RM57.3bil or 7.7% of GDP in the previous corresponding period, largely due to a 16.8% growth in revenue collection.
But policy space is quite limited and the government has to ensure its fiscal sustainability; consumers must improve their financial literacy and businesses must boost their operational efficiencies as well as cashflows, said Employees Provident Fund (EPF) head, economics and research Afzanizam Mohamed Rashid.
The expected global economic slowdown will impact the local economy via slower external demand and easing prices of commodities and energy.
This will dampen domestic demand via lower export income and lower overtime pay for employees in the manufacturing sector, said Socio Economic Research Centre executive director Lee Heng Guie.
Investors’ concerns on global recession can cause volatility in the equity and foreign exchange markets.The recent regional indicators flagged weaknesses in electronics output – global chipmakers are now bracing for a downtrend with growing inventory and shrinking demand amid massive upfront costs.


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Around 555,000 sqm of industrial and logistics parks are currently under construction and are planned to be completed in the Q4 2023 - Q4 2024 period across Romania, with 315,000 sqm being already pre-leased, according to a Cushman & Wakefield report.
The main locations where developers will expand their presence in the next 15 months are Bucharest (154,000 sqm), Brașov (108,000 sqm), Bacău (50,000 sqm), Slatina (50,000 sqm) and Timișoara (34,000 sqm).
“In a context where the economic uncertainty continues to impact the tenants’ expansion plans, developers may adopt more cautious approaches when it comes to commencing new investments in industrial & logistics facilities, in the short term at least. This caution can also be noticed in other markets in the region, a region where the new supply has seen an y-o-y decrease by 16% in the first 9 months of 2023. However, we estimate that the developers’ appetite for new investments will bounce back on the medium term, given that we are already witnessing a downward inflationary trend and a stabilisation of the financing costs, elements which could stimulate the tenants’ needs for new industrial premises,” said Andrei Brînzea, Partner Industrial Agency at Cushman & Wakefield Echinox.
In terms of demand, a gross take-up totaling 716,000 sqm was recorded in the first 9 months of the year, reflecting a 22% y-o-y drop. The new demand continues to be the main driver of the leasing market, with a share of over 70% out of the gross take-up registered in Q3 2023 and also during the first 9 months of 2023.
At the same time, the prime monthly headline rents in Bucharest and in the main industrial & logistics destinations in Romania slightly increased, ranging between €4.25 - €4.65 per sqm in Q3 2023, an upward trend which is expected to continue going forward albeit at a slower pace, given the limited pipeline of speculative projects.
The rental costs in Romania are the lowest in the region, even though rents have generally gone upwards since 2020.
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