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If you’re keen to annoy your local shopkeeper when you go to pay for a pint of milk and a newspaper, then the Royal Mint has just the thing- a new £100 coin to celebrate the New Year.
The commemorative coin, which is the first to be produced to the sum of £100, contains two ounces of silver and only 50,000 will be produced.
The design, which reflects the New Year theme, features an engraving of London’s Elizabeth Tower, more commonly known as Big Ben, synonymous with the countdown to the New Year.
It is thought that the coin’s expected popularity stems from the success of the coin released to honour the birth of Prince George of Cambridge in 2013.
7,500 sterling silver coins were made to celebrate the birth of the royal tot, but quickly sold out.
Earlier this year, it was revealed that a 2009 coin, launched to celebrate the 250th anniversary of Kew Gardens, was the rarest commemorative coin in existence-worth an estimated £120.

domain: news


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California no longer should give specific tax incentives to businesses and instead should provide broad-based tax relief, the state's nonpartisan Legislative Analyst's Office said in a new report.
The analyst's office examined California Competes, a program that began four years ago to give tax credits to businesses looking to move to the state or remain here, and found it puts existing companies that don't receive the awards at a disadvantage without clear benefits to the overall economy.
"Picking winners and losers inevitably leads to problems. In the case of California Competes, we are struck by how awarding benefits to a select group of businesses harms their competitors in California," the report said. "We also think the resources consumed by the program are not as focused as they should be on winning economic development competitions with other states to attract major employers that sell to customers around the country and the world."
Electric-car maker Tesla has reached an agreement to set up its own manufacturing facility in Shanghai, according to people briefed on the plan, a move that could help it gain traction in China's fast-growing market for electric vehicles.
The deal with Shanghai's government will allow the Silicon Valley auto maker to build a wholly owned factory in the city's free-trade zone, these people said. This arrangement, the first of its kind for a foreign auto maker, could enable Tesla to slash production costs, but it would still likely incur China's 25% import tariff.
California lawmakers have proposed more taxes and fees in the first half of the 2017-18 legislative session than in all of 2015 or 2016. If each proposal became law, the tax burden in California would increase by more than $373 billion per year. To put this in context, all revenue in the 2017-18 State Budget is expected to bring in $178.4 billion.
One of the few great inescapable facts in the field of economics is the reality of the business cycle. No matter how high-flying an economy might appear, another recession is coming sooner or later. It can be difficult, if not impossible, to regularly predict when one might occur, or how severe it may be, but recessions and their place in the business cycle are an accepted fact of economic life. Therefore, preparing for recessions is an equally inescapable concept.
It has been more than eight years since the end of the last recession, the third longest period of expansion in U.S. history, and many are rightfully beginning to look ahead to the next economic downturn. However, one of the most effective ways to look forward is to look back and make sure that we have adequately learned the lessons of the Great Recession. Nowhere is this type of postmortem more appropriate than for state and local governments.
When California’s Gov. Jerry Brown signed a 10-year extension of the state’s cap-and-trade program this summer, it was heralded as a rebuke of President Trump, who had just announced he would withdraw the U.S. from the Paris Climate Accord. While the nation was failing on climate change, the story went, states could succeed. The trouble is that California could leak—like a sieve.
In the decade since Mr. Brown’s predecessor, Gov. Arnold Schwarzenegger, first signed the Global Warming Solutions Act, the cap-and-trade program has done little to abate carbon emissions, let alone planetary warming. Under the law, companies in California that emit carbon in their production processes must secure scarce permits for the right to do so. The theory is that this creates an incentive to invest in green power and energy efficiency.
Yet the law’s designers still have not confronted the central conundrum of trying to impose a state or regional climate policy: As firms compete for a limited supply of carbon permits, they are put at a disadvantage to out-of-state rivals. Production flees the state, taking jobs and tax revenues with it. Emissions “leak” outside California’s cap to other jurisdictions.


text: Autumn is undeniably here; it's dark before you leave the office, and you feel unbelievably foolish still sporting those dirty, rubbery flip-flops in the elevator. No one really wanted to see your toes during the summer, and now that the pedicure is, um, expired, cover those tootsies up, sister. It's time to get that wardrobe in shape for fall. There's no need to flee for the coasts to see the latest fashions; Chicago has become its own Midwestern fashion mecca, as evidenced by Fashion Focus Chicago. The week-long fashion celebration is well underway for its fourth year, bringing the city's top designers, fashion installations, shopping events and runway shows to Millennium Park. Designer, activist and musician Pete Wentz (as in, the husband and baby-daddy of Ashlee Simpson's baby-bump) featured his Clandestine Industries line at the opening runway show on Oct. 1. Still to come: The Allure of Couture runway show on Monday, Oct. 6 and Designers of Chicago Fashion Show presented by Macy's on Tuesday, Oct. 7. Admission to these two events is free, but reservations are required.


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Butterfly buttons in MacBooks that were introduced in 2016 were a real nuisance for consumers, and now for Apple as well.
“Flexgate” isn’t a mass lawsuit yet, but it can be
They weren’t very good for typing, and it only took a few grains of sand to create key problems. Now Apple is suing the keyboard en masse after a judge believes Apple knew what they were doing, which in turn means the lawsuit can continue in the system. It happened in March, but there is more.
For now, another problem that these machines could experience is being sued, namely uneven keyboard lighting due to cable failures.
The judge gives the green light – nine people are suing individually
“The court finds that allegations of prior testing combined with allegations of significant customer complaints are sufficient to show that Apple was aware of the alleged error,” said the judge, who allowed the proceedings to continue.
The problem was revealed by iFixit: Apple used a thinner cable in the affected models.
Apple does not deny that they even deleted posts on their official support forum in which they complained about the problem. The company itself claims this has nothing to do with the case, but the judge disagrees and believes it could steer it in the direction that Apple knew the design was too weak.
Apple quietly replaced these parts altogether, then launched a free repair program.


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Porsche has announced that its new 2025 718 Cayman and 718 Boxster models will be electric vehicles, the company said the 718 models will be their third EV lineup.
Porsche hasn’t said exactly when the Porsche 718 Cayman and 718 Boxter will go electric, they did mention mid-decade, which is 2025.
The company said that “by mid-decade, we want to offer our mid-engined 718 sports car in all-electric form.” This will be their third electric vehicle after the Porsche Taycan and Porsche Macan EV.
Porsche plans for the new 718 Cayman and Boxster to be similar in design and driving to the current 718 models. More details from Porsche are below.
“It will have typical roadster dimensions. Our EVs will always be 100% Porsche and not just geared towards competitors in the EV segment. When we made the Taycan, our benchmark was the 911.”
The automaker is expected to use much of its Misson R EV technology in the new 718 Cayman and 718 Boxster. They also confirmed that the new electric 718 Cayman and Boxster models will be built at their Stuttgart plant, where the Porsche 911 is built, and that the cars will share parts with the 911.
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High-end shoppers are not immune to the slowdown in trade experienced in recent weeks, with luxury shopping destination Harvey Nichols reporting a fall-off in trade.
Harvey Nichols chief executive Joseph Wan told Drapers that despite a robust full-year performance from the iconic department store business, in which unaudited profit rose 15% to £16.1m for the year to the end of March, like-for-like sales have tumbled since the new year.
Wan said that post the retailer’s January Sale, like-for-like sales, which were 7% higher in the 2010 calendar year, sunk back to just 3% in February and March and have fallen further in the past two weeks.
He attributed the decline to the lack of “feel-good” factor for Harvey Nichols shoppers, who have previously thought to have been immune from austerity measures and the downturn.
Wan said: “Shoppers are not feeling great. When people feel high they will go out entertaining and shopping and they will have 10 or 12 bags when they leave the
store. Now they only leave with one or two purchases.”
He added that the retailer’s regional stores were performing only slightly weaker than the Knightsbridge store in London.
Harvey Nichols has been working to attract new customers that are “happier to spend less on similar things” by introducing collections aimed at younger
shoppers as well as lower-priced diffusion ranges.
Wan added that the business was considering opening smaller-format stores of between 15,000 sq ft and 18,000 sq ft to “find avenues for growth in difficult times … in a saturated UK market”. It will pilot a luxury beauty-only concept called Beauty Bazaar by Harvey Nichols and could open fashion-only standalone stores at a later date once it has established its own-label offer. Locations have not been confirmed.


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Tamweel launches two new productsThursday, July 14, 2011
Tamweel, the UAE Islamic home finance provider, expands its portfolio to capitalize on the recent announcement of the UAE Federal Cabinet regarding extension of property visa from six months to tree years. The company announced on Wednesday the expansion of its home finance product suite with the launch of two new products. The Non-residents Program will make home finance available to select overseas investors looking to purchase residential property in the UAE. Tamweel’s Home Refinance Program for fully paid properties is designed to help owners unlock the value in their homes. Through the Non-residents Programme, finance is available for ready residential properties in Abu Dhabi and Dubai up to a maximum value of Dh5 million and with a repayment tenure of up to 25 years. The product is open to salaried individuals from select countries.
With this announcement, Tamweel becomes the only local finance company to cater to non-residents. The launch of the Non-residents Program follows the recent announcement of the Federal Cabinet to extend visas for non-resident property buyers to three years from the current six months. Varun Sood, Acting Chief Executive Officer of Tamweel, said: “The recent announcement by the Federal Cabinet will bring about increased certainty to foreign property investors which will in turn provide a boost to the UAE real estate sector. In launching this product now, Tamweel is well positioned to meet the anticipated uplift in demand from overseas investors.”Source: Khaleej Times


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By: Natasha Morgan
For some time now we’ve been bombarded with reports warning us about the safety of plastic bottles. We’ve been told that trace levels of bisphenol A will migrate from polycarbonate bottles into foods or beverages making them unsafe for human consumption.
Now recent scientific studies conducted in
The most popular rumor stated that the level of bisphenol A released from polycarbonate plastic bottles increased when the bottles were filled with boiling water and remained elevated when the bottles were subsequently filled with water at room temperature.
According to researchers even the highest levels of bisphenol A and real-life repetitive use are well below science-based safety standards set by government bodies.
A great concern to families was the heating of baby bottles in a microwave oven. Many fearful parents needlessly gave up this convenience and reverted back to old time tested methods.
A series of tests was conducted to determine if the level of bisphenol A that migrates under real-life microwave heating or sterilizing conditions was within safety guidelines. A study published in 2008 by
Another piece of misleading information circulated throughout the web suggested that washing polycarbonate bottles in a dishwasher will cause the bottles to degrade and release unsafe levels of bisphenol A in subsequent uses of the bottle. Investigation revealed that caustic floor cleaning detergent was inadvertently used in the dishwasher giving rise to this myth.
After a complete review of the scientific data that has been conducted by government and scientific bodies worldwide, it can safely be concluded that the use of plastic bottles in real life situations is not harmful.
Adults exposed to higher amounts of the plastic compound bisphenol A are more likely to be afflicted by cardiovascular disease, type-2 diabetes, and have liver enzyme abnormalities, according to a new study issued Tuesday, September 16, 2008 in the Journal of the American Medical Association.
Read: Baby Botle Makers Ditch BPA in WebMd
Related Story in Globe and Mail: BPA leaching from the bottles and infant formula cans.


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Ohio (WKBN) – ALDI is Southern Grove Cashew Halves and Pieces with Sea Salt due after glass was found in some of the canisters.
Some of the products were sold at stores in Ohio, along with two dozen other states.
The recall was issued Wednesday in cooperation with Star Snacks Co. ALDI has since removed the affected products from its stores.
They’re sold in 8-ounce canisters with the best-by dates of November 27, 2018 or November 28, 2018 with the following UPC code: 041498179366.
No injuries have been reported.
If you bought the cashews, you can return them to the store for a full refund.
Customers with questions about the recall may contact Star Snacks Co. at (201) 200-9820, Monday through Friday, from 9 a.m. – 3 p.m. EST.
For more information, go to ALDI’s website.


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Eid dinner with a General, a queen and a visionary.
How we can breathe new life into Pakistan's MBA programs.
Ahsan Sheikh warns against taking a digital-only approach.
Sunny Ali speaks about the prospects of Amazon coming back to Pakistan.
Hashmi rebrands in 225-year history.
Aamir Ibrahim, CEO, Jazz, speaks about what his company has achieved in 25 years and what needs to be done next.
The emergence of the marketing technology specialist.
Feeling the COVID-19 blues? Take one of these online fitness classes while stuck at home.
Five films for marketers to watch and be inspired by in coronavirus times.
Khalid Naseem on the right way to solve Pakistan’s economic problems.
Rez is the first Pakistani to make it on the global Top 20 ECDs list.


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A cryptocurrency lending startup just raised a significant amount of money from some of the most well-known names in cryptocurrency venture capital. The company is called Blockfi, and is based in New York City. It should be noted that the money raised was in the form of $4 million in convertible debt fundraising, where debt can actually be converted into equity.
Big Names Involved
The company is a non-bank lender, and it offers loans in USD to those who have cryptocurrency assets. One of the companies that has invested is Morgan Creek Digital, a crypto asset firm.
Morgan Creek Digital recently made headlines for the fact that it had made a massive bet that its crypto index would beat out the S&P 500 over the next 10 years. One of the founders and partners of Morgan Creek Digital is Anthony Pompliano, one of the most famous cryptocurrency proponents in the world, with over 170,000 followers and his own cryptocurrency newsletter.
Another company that invested is Galaxy Digital Ventures, headed by ex-hedge fund manager Mike Novogratz, who is famously bullish on cryptocurrency. The crypto firm recently made the news for the fact that it is apparently losing millions every month currently.
Blockfi services customers all around the world, and also claims to have the “lowest interest rates” and “most flexible products” with regards to the cryptocurrency markets. It also currently services the vast majority of the United States (46 out of 50).
The CEO of Blockfi offered this statement: “We’re thrilled to have such a strategic group of investors supporting our efforts to bring low-cost credit to crypto market participants. Our pragmatic approach to fundraising and team building has enabled us to continue growing through negative market conditions. We are excitd to execute on plans to bring new products to market and continue to add more value for our clients.”
Blockfi also raised over $50 million earlier this year in a funding round led by Galaxy Digital Ventures.


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Caterpillar to open new parts distribution center in Dubai
Tags: USA , UAE , S. Africa , Russia , Africa , CIS , Middle East , North America , investments , construction , mining | similar articles »
US-based construction and mining equipment giant Caterpillar Inc. has announced that its wholly owned subsidiary Caterpillar Logistics Services, Inc. plans to open a new parts distribution center in Dubai, United Arab Emirates.
A new 450,000 square feet distribution center will be the third facility added to Caterpillar's global service parts distribution network in the last five years. The center will employ between 100 and 120 people and will further strengthen primary after-market parts support in the Africa and Middle East region.
"We are very pleased to be adding the Dubai Distribution Center to our industry leading global parts network," said Steve Larson, Caterpillar vice president with responsibility for parts distribution and logistics, and chairman and president of Caterpillar Logistics Services, Inc. "With the outstanding product support capability of Cat dealers in the region and the improved parts availability this operation will deliver, we will continue providing customers an unmatched level of after-sale support," he added.
Once operational, the Dubai Distribution Center will increase total warehouse capacity for the EAME network, adding to existing distribution centers in Grimbergen, Johannesburg and Moscow. Operations for the new Dubai Distribution Center are expected to be underway in 2012.


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As businesses begin to contemplate how they will reopen safely in this new post COVID normal that we will have no choice but to accept, some business owners are getting creative.
Such as this restaurant owner in Canton Ohio – An unusual social distancing solution already is in place at an Ohio breakfast cafe, which is scheduled to reopen for sit-down dining on May 21, as allowed by the state.
“I came up with the idea of clear vinyl shower-curtain liners as dividers between tables,” said Kim Shapiro, co-owner of Twisted Citrus in North Canton. “They’re suspended from the ceiling with hooks and drop down to where the back of a chair would be.
“We can spray (the curtains) down with Lysol and COVID cleaner spray,” she said.
Hong Kong Airport is trying new disinfectant booths for passengers which kill all viruses, including coronavirus, on the skin in just 40 seconds.
The new technology could become a common sight in the future at all airports as the industry looks into ways to ensure travellers feel safe post-pandemic.The CLeanTech pods, dubbed “a full-body disinfection channel facility,” first check the temperature of the passenger before they are allowed to enter.
They then go into the booth for the 40-second process, which includes a sanitizing spray throughout.
Although this seems robotic and maybe a bit over the top, with what we have gone through over the last few months nothing really seems too crazy anymore!
You MUST wear a face mask to shop at Costco in the US! Costco is one of the largest US retailer to execute the rule, which is aimed at helping prevent the spread of Covid-19. Costco said the face coverings must be worn “at all times” in the store and will not serve as a “substitute for social distancing.”
Certain exemptions are applied, including for customers under 2-years-old and people who can’t wear one because of a medical condition.
Costco has brought on a number of changes to its stores as shoppers run to big box stores for necessities during the pandemic. Other changes include earlier closing times, limiting the number of guests a member can bring and giving first responders and healthcare workers priority admittance into warehouses.
Are you adapting to this new normal? Would you still shop Costco?


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Apple Working With Intel On Modem For 5G-Capable iPhone
It is being reported that Apple is currently in an “engaged” working partnership with Intel on the design and production of chips that will allow a future iPhone to ship with faster 5G wireless broadband capabilities.
The report suggests that Apple’s executives are leaning toward partnering with Intel for future iPhone chips rather than Qualcomm, with the suggestion being that talks between Apple and Qualcomm have been “limited” at this stage; this according to a “source with knowledge.”
The news comes hot on the heels of Intel announcing that it has successfully managed to complete “a full end-to-end 5G call based on its early 5G silicon,” which is undeniably one of the first key hurdles overcome in its pursuit of perfecting this technology. Qualcomm has been favored by a lot of individuals in the know to actually be the front-leader for this type of technology, with companies like Intel having to play catch up.
However, Apple doesn’t seem to agree with that notion and is understood to believe that Intel’s approach and its 5G modem would be the best fit for iPhones going forward.
The “source in the know” is suggesting that Intel’s executives believe winning the 5G business with Apple is a “must-win” situation due to the lagging nature of its modem business and the boost that would provide, both financially and from a reputation in the market perspective. After all, where Apple treads, others tend to follow behind rather quickly:
Intel has lagged far behind Qualcomm in the modem market, but has a small army working on 5G, numbering in the “multiple” thousands.” The initiative to provide the 5G modem for the iPhone is now considered a “must-win” for Intel.
An iPhone running a 5G wireless modem would be a sight to actually behold with its potential speed being in the gigabits. However, the existence of the technology from Intel’s perspective isn’t enough, with carriers and other companies needing to upgrade and put a lot of additional technical infrastructure in place before it is of any benefit to consumers.
As we know, Apple is currently in an ongoing legal battle with Qualcomm, which actually has a lot to do with Intel, so it’s no surprise that Tim Cook’s company is leaning toward the latter as a long-term future supplier.


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MUMBAI (Reuters) - Tata Motors Ltd TAMO.BO, India's largest vehicles maker, on Sunday announced the launch in India of Jaguar and Land Rover vehicles, the marquee brands it bought from Ford Motors F.N last year.
Saying it was a momentous occasion for the company, chairman Ratan Tata said, “This is in keeping with our desire to extend the penetration of the brands in India.”
The automobile firm, which controls about 60 percent of the world’s fifth-biggest truck and bus market, will soon also be rolling out the Nano, billed as the world’s cheapest car.
Jaguar is launching the XF amd XK range of luxury coupes and convertibles in India starting at a price tag of 6.3 million rupees ($130,977) and going up to 9 million rupees.
Land Rover will initially be launching three vehicles including the Range Rover Sport and Land Rover Discovery 3, with prices also starting at 6.3 million rupees but going beyond 9 million.
“The luxury car market in India is very small, but there is a huge opportunity there. It is growing fast and we expect it to grow fast over the next 5 to 10 years,” said David Smith, chief executive of Jaguar Land Rover.
“India is an important part of our plans for the future,” said Mike Driscoll, managing director of Jaguar.
The luxury car segment in India is less than 1 percent of the total car market there.
On Friday Tata Motors posted its first loss in eight years at $520 million for the year to March 2009, with its Jaguar Land Rover unit reporting a loss of 306 million pounds ($504 million) in the 10 months of the fiscal year to March 2009, as a brutal global recession crippled car sales.
On the issue of loan guarantees for JLR, Tata said, “we are in discussions with the U.K. government on the loan guarantees and hopefully we will find a solution for it ... and our funding plan for JLR will progress.”
The company is seeking guarantees for the 340 million pounds loan sanctioned by the European Investment Bank and other loans from U.K.-based commercial banks. It is seeking these funds to develop new and more fuel efficient cars for improving its competitive position.
“Sustaining the downturn is important for us ... and finding a solution (for the loan guarantees) is extremely important to us,” Tata said.
He also said that if there was a large financial package from the U.K. government for Jaguar and Land Rover then, “there should be commensurate level of representation from them,” which had to be negotiated and worked out.
Editing by Jerry Norton
Our Standards: The Thomson Reuters Trust Principles.


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Tommy Hilfiger scored a touchdown at New York Fashion recently, in Luxe Models’ opinion, by using a beloved American pastime to inspire his latest show.
Designers flock to the city that never sleeps
It’s that time of the year again folks. Fashion month has rolled around once again. The next few weeks will see designers strive to display creations from their autumn/winter 2015 collections along catwalks throughout the fashion capitals of the world.
Last week fashion month kicked off with New York Fashion Week. Designers from Donna Karan to Diane von Furstenberg to Carolina Herrera flocked to the city that never sleeps to give us a sneak peek at what they’ve got in store for autumn/winter 2015, yet in Luxe Models’ opinion Tommy Hilfiger blew them all out of the water.
“An American Love Story inspired by Ali MacGraw”
Hilfiger used New York Fashion Week as an opportunity to introduce the world to his debut sportswear collection, as well as celebrate his brands’ 30th anniversary. Never one to do anything by half measures, Hilfiger went to extreme lengths to create the ultimate show.
The result was a spectacle whose theme was purported by the label to be “an American Love Story inspired by Ali MacGraw.” According to the Guardian, this meant that Hilfiger substituted the catwalk for an American football field using real turf and the backstage area for a locker room. Yardage on the field/catwalk was marked out, with each end zone bearing a huge “HILFIGER.” Furthermore Hilfiger had a huge monitor installed over the runway to count down the final 30 seconds to kick off!
Tommy Hilfiger collection channels vintage college football vibe
However it wasn’t just a gimmick. Hilfiger’s use of American football as a theme underscored a sportswear collection that capitalised on shades of navy and burgundy to lend its pieces a vintage college football vibe.
Those seated on the bleachers (not really) were treated to a show filled to the brim with items usually more often seen on your typical American football field. Pleated cheerleader-esque skirts, big furry hats, varsity-style jumpers and bags with football appliques; it felt like we were at the Super Bowl! Hilfiger himself even got in on the action, running down the field/runway at the show’s climax holding aloft his own football helmet!
A highlight of New York Fashion Week
Going to efforts as extreme as these, how could Tommy Hilfiger’s latest show have been anything but a touchdown! It was a highlight of New York Fashion Week; London, Paris and Milan you have a lot to live up to!
For more stories like this, be sure to stay in touch with Luxe Models on Twitter.


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According to an email disclosed by CNBC, Tesla (NASDAQ: TSLA) told its workers at its Fremont, California, factory on Friday that its Model S and Model X electric vehicle production lines would close from December 24 to January 11.
To offset one of the two and a half weeks of the closure, along with a few compensated holidays, workers employed on those lines were given a complete week off. They have been forced to take 5 unplanned and unpaid days off, but on those days, they have the opportunity to continue to find jobs in other parts of the plant.
They also were invited to “volunteer” to help make deliveries to customers during the shutdown.
On Friday, Tesla CEO Elon Musk noted in a separate email sent to the entire company that it is “fortunate that during this quarter demand is quite higher than production” and asked employees to increase production for the remainder of the quarter.
The shutdown of the Tesla S and X lines means the demand for these older versions would not increase. Tesla’s intentions during the holiday closure are not evident for its Model S and X sections. The organization did not return a request for clarification instantly.
The firm has been dealing with a recall in China, NHTSA’s safety investigation, and warranty extension covering some of its Model S high-end sedans. This year’s Model X luxury SUV with falcon-wing doors.
According to the company’s vehicle development and distribution study for the year ended September 30, such vehicles’ shipments amounted to 15,200 in the third quarter of 2020, reflecting about 11% of vehicle deliveries during the quarter.
At an annual shareholder conference and investor presentation on battery day earlier this year, executives said that deliveries would launch in late 2021 with the long-anticipated Tesla (NASDAQ: TSLA) Model S Plaid.


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In a shocking move, Hermen Hulst, head of Sony Interactive Entertainment Worldwide Studios has announced that Guerilla Games’ widely-loved Horizon: Zero Dawn is getting a PC port this summer.
This is surprising, as the open-world game was made with investment from Sony to be a PlayStation exclusive. By making the jump to PC, Sony is setting themselves up to battle with Microsoft in a new field: cross-platform dominance.
The Future of Games Is Multiplatform
Microsoft is no stranger to their exclusives going to PC. Halo, the franchise that has long defined Xbox, is available on PC as the Master Chief Collection. Forza, Gears of War and Sea of Thieves, likewise, are all on “Games for Windows,” Microsoft’s own proprietary Windows storefront. This makes a lot of sense: Microsoft owns Windows, so why wouldn’t their library of games extend to that platform?
In Sony’s case, however, the move is surprising. The PS4 was far and away the most popular console of its generation, and Sony rode that popularity to bully game developers into not allowing cross-platform play, not releasing their games on other systems and generally acting as a complete standalone in the gaming landscape.
As such, the news that one of their best exclusives is no longer going to be bound to the PS4 is surprising.
Sony Is Easing in to the New Paradigm
Hulst, in an interview with the PlayStation Blog, explained the reasoning behind the move. “I can confirm that Horizon Zero Dawn is coming to PC this summer. There will be more information coming from Guerrilla, from the new studio directors [Michiel van der Leeuw, JB van Beek, and Angie Smets] pretty soon.”
“I think it’s important that we stay open to new ideas of how to introduce more people to PlayStation, and show people maybe what they’ve been missing out on.” For people who haven’t been invested in PlayStation, a number of huge games like God of War, the Uncharted series and The Last of Us would have passed them by.
Unlike Xbox, however, Sony says they don’t plan to blur the lines strongly between their consoles and PC. “And to maybe put a few minds at ease, releasing one first-party AAA title to PC doesn’t necessarily mean that every game now will come to PC,” said Hulst, before adding “We don’t have plans for day and date [PC releases], and we remain 100% committed to dedicated hardware.”
While the news that Sony would keep making exclusives and not bring their biggest games to PC hardly puts our minds “at ease,” we’re still excited to see this masterpiece coming to even more fans.


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NEW YORK, Aug. 27, 2020 /PRNewswire/ — Klarna, the main world funds and purchasing service, right this moment introduced that it has added 1 million new customers within the US in simply three months as extra buyers have discovered comfort and value in Klarna’s end-to-end expertise. The corporate has additionally seen robust development momentum in its retail partnerships within the US, which have grown by greater than 158% yr over yr. Klarna noticed a rise in gross merchandise quantity of 44%, amounting to $22 billion, within the first half of 2020, reflecting elevated shopper demand for its choices.
“Klarna has been effectively positioned to satisfy the challenges and evolving shopper wants in an unsure market during the last a number of months, as mirrored by our world quantity development of greater than 44%,” stated David Sykes, Head of US at Klarna. “Our US community has grown to greater than 9 million customers, we see a mean of 20,000 new app downloads a day and 1000’s of outlets are partnering with us to implement forward-thinking methods that can assist them compete successfully, construct lasting connections with customers and supply the fee flexibility their customers want throughout this time.”
Globally, Klarna has added greater than 35,000 retailers throughout the first half of 2020 to its community of greater than 200,000 retail companions. With greater than 4,300 US retail companions already, Klarna is poised to proceed its robust momentum by means of the remainder of 2020. Many extra of the highest 100 US manufacturers are set to go stay with Klarna forward of the busiest purchasing season, cementing Klarna’s place as one of many fastest-growing fee corporations within the nation. In latest months, Klarna has added a whole lot of customers’ favourite manufacturers to its US roster, together with Sephora, Vans, The North Face, Farfetch, FWRD, Gymshark, Faherty, ModCloth, Fender, NTWRK, Timberland, Beautycounter, Highsnobiety, Orlebar Brown, Anine Bing, Belstaff, Missguided and End Line.
Klarna’s development comes at a time when US customers are exploring new methods of purchasing. A latest McKinsey & Firm shopper survey discovered that greater than 75% of customers have tried new manufacturers, locations to buy or strategies of purchasing throughout the COVID-19 pandemic and that 82% of those that have tried a brand new digital purchasing technique intend to proceed utilizing it even after the disaster ends. Shoppers within the US who strive Klarna for the primary time acknowledge the value the service supplies by means of versatile fee decisions that enable them to resolve when and tips on how to pay for his or her purchases. Along with the favored Pay in Four and Pay in 30 choices, Klarna lately launched Pay Now, which allows fast and straightforward funds for Klarna buyers after they hyperlink their debit card to their account. This extra possibility supplies customers with one more method to pay for his or her purchases straight by means of the Klarna app.
With greater than 12 million month-to-month energetic customers globally, the Klarna app separates the corporate from opponents with a best-in-class person expertise and personalization options. The Klarna app has 1.2 million month-to-month energetic customers within the US and has been downloaded greater than 5.1 million occasions. Klarna’s app downloads have elevated by 4 occasions within the final yr and, in latest months, they’ve averaged 20,000 per day.
Earlier this summer season, Klarna launched Vibe, the primary loyalty program provided within the purchase now, pay later house that rewards customers who pay on time, in order to encourage accountable spending. The no-fee program generated vital curiosity throughout the preliminary rollout interval within the US, the place 13,000 members have already signed up, and it’ll even be out there in Germany, Australia, Sweden and the UK. Along with Vibe, Klarna lately launched a Want Record characteristic which permits app customers to create and share lists of their favourite merchandise, in addition to comply with lists created by manufacturers, influencers and others of their networks. Thus far, Klarna customers have created greater than 320,000 lists that includes some Three million objects.
We make purchasing clean. With Klarna, customers can purchase now and pay later, to allow them to get what they want right this moment. Klarna’s providing to customers and retailers consists of funds, social purchasing and private funds. Over 200,000 retail companions, together with H&M, IKEA, Expedia Group, Samsung, ASOS, Peloton, Abercrombie & Fitch, Nike and AliExpress, have enabled Klarna’s progressive purchasing expertise on-line and in-store. Klarna is ranked quantity 5 on the 2020 CNBC Disruptor 50 record, is likely one of the most extremely valued fintech in Europe, with a valuation of $5.5 billion, and is likely one of the largest personal fintechs globally. Klarna was based in 2005, has over 3,000 workers and is energetic in 17 international locations. For extra data, go to klarna.com.
This data was delivered to you by Cision http://information.cision.com
SOURCE Klarna Bank AB


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Farm Bill delay stifles dairy investment
Davisco Foods International CEO Jon Davis told a key House subcommittee that his company is opposed to a provision of the 2012 Farm Bill that would implement price controls on milk. Davis told the House Agriculture Subcommittee on Livestock, Dairy and Poultry that his business has put expansion plans on hold until the supply management issue is resolved.
“Davisco has recently invested more than $100 million in our factories largely because of our growing export business,” states Davis. “While supply management legislation is being debated, most if not all of the next wave of dairy processing investment is on hold. We simply can’t afford to commit capital when we don’t know if we will have the milk supply to operate those potential new investments.”
The proposed milk supply management program, called Dairy Market Stabilization, is included in the Senate version of the bill. The House is currently assembling its version.


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DATATRAC: Drug Stores and HBC Chains – October 2016
• CVS Health is rolling out its Express Curbside service to 4,000 stores nationwide.
• Fred’s Inc. announced that its specialty pharmacy, Eiris Health Services has a new name. It will be known as EntrustRx.
• Shoppers Drug Mart Corporation announced it will provide audio prescription information for sight-impaired customers. Auditory labeling will be provided free of charge at all of its locations in British Columbia, Canada.
Mergers and Acquisitions
• Loblaw Companies Limited announced its acquisition of QHR, the leading electronic medical records platform in Canada.
• Benzer Pharmacy announced that it has opened its first pharmacy in Oklahoma through its franchise model. The new location is in Poteau, OK.
• Genoa, a QoL Healthcare Company announced its first pharmacy in New York state, bringing the company’s total to 330 pharmacies.


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SAN RAMON (AP) - Chevron's latest quarterly profit was huge - $5.37 billion - but down 26 percent from last year due to lower oil prices, less production, and maintenance work at some refineries.
SAN FRANCISCO (AP) - Yahoo has acquired Rockmelt, a Silicon Valley startup that built a Web browser tied to Facebook's social network.
SPARKS, Nev. (AP) - A New Orleans-themed casino has opened at the site of the former Silver Club casino in Sparks.
NEW YORK (AP) - With its first smartphone designed completely in-house, Google is demonstrating one of the benefits of moving production from Asia to the U.S.: It's letting buyers customize phones to give them their own style.
BURBANK (AP) - Movie fans who were intrigued by director Peter Jackson's use of high frame rates in "The Hobbit" are now getting a chance to see the super-clear format online.
SAN FRANCISCO (AP) - Netflix's latest attraction will enable families and other people sharing the same account to set up separate identities so the Internet video service can give them better recommendations on what to watch next.
NEW YORK (AP) - Stocks roared back to record highs on Thursday, driven by good news on the economy.
DETROIT (AP) - Pickup trucks may have led the charge, but strong sales of small cars in July showed demand for new vehicles is broad - and not slowing down.
RESTON, Va. (AP) - Mark Stewart turns quite a few heads as he zips through the streets on his neon green ELF bike. With each pedal, his feet take turns sticking out from the bottom while a gentle motor hums in the background.
NEW YORK (AP) - J.C. Penney's shares plunged Wednesday after a report that CIT, the largest lender in the clothing industry, has stopped providing financial support to small and large suppliers selling to Penney stores - for now.
SEATTLE (AP) - Starbucks says it's reached a deal to partner with Google that will allow it to offer its customers dramatically faster Wi-Fi service.
MORVEN, Ga. (AP) - Small-town police departments across the country have been gobbling up tons of equipment discarded by a downsizing military - bicycles, bed sheets, bowling pins, French horns, dog collars, even a colonoscopy machine - regardless of whether the items are needed or will ever be used.
WASHINGTON (AP) - The Senate voted Tuesday to fill all five seats on the National Labor Relations Board and prepared to consider President Barack Obama's picks for top diplomatic and law enforcement posts as the chamber whittled down a pile of stalled nominations.
WASHINGTON (AP) - The Obama administration's surprise decision to delay a key requirement of the health care law for employers will cost the government $10 billion, the nonpartisan Congressional Budget Office said Tuesday.
WASHINGTON (AP) - U.S. home prices jumped 12.2 percent in May compared with a year ago, the biggest annual gain since March 2006. The increase shows the housing recovery is strengthening.
WASHINGTON (AP) - The United States is appealing a World Trade Organization decision that would make it harder for U.S. consumers to know where meat in the grocery store came from.
WASHINGTON (AP) - Many immigrants in the United States illegally who apply for work permits under President Barack Obama's new executive actions would be eligible for Social Security and Medicare benefits upon reaching retirement age, according to the White House.
SAN FRANCISCO (AP) - Twitter said it is now tracking what other apps its users have installed on their mobile devices so it can target content and ads to them better.
SAN FRANCISCO (AP) - Redbox is raising its DVD rental prices by 25 percent in an effort to wring more revenue from the shrinking audience that still watches movies on discs rather than online.
LOS ANGELES (AP) - In an exception to Southern California's lackluster real estate market, sales of homes costing $2 million or more are hitting record levels, according to a report.
LAKELAND, Fla. (AP) - From nine to five, seven days a week, Robert Schill plays video games while sitting on a plush, brown sofa in central Florida.
NEW YORK (AP) - Hellmann's mayonnaise has some egg on its face.
RICHMOND, Va. (AP) - Reynolds American Inc. is launching a cigarette that heats tobacco rather than burning it, hoping to capitalize on the growing appetite for alternatives to traditional smokes.
WASHINGTON (AP) - With many seniors facing high medical bills, a congressional investigation has found that federal government websites meant to give Medicare patients basic consumer tools instead fail to provide adequate information on out-of-pocket costs, and even quality of care.
NEW YORK (AP) - Pay phones on New York City streets would become a thing of the past under a plan announced Monday that would replace them with stand-alone devices offering free Wi-Fi and nationwide phone calls as well as mobile phone charging capability.
SAN FRANCISCO (AP) - Federal regulators said a respected Internet privacy company gave its seal of approval to commercial websites and mobile apps but failed to check whether they were indeed meeting standards for safeguarding customers' data.
WASHINGTON (AP) - President Barack Obama on Monday embraced a radical change in how the government treats Internet service, coming down on the side of consumer activists who fear slower download speeds and higher costs but angering Republicans and the nation's cable giants who say the plan would kill jobs.
DETROIT (AP) - Emails showing that General Motors ordered a half-million replacement ignition switches nearly two months before telling the government of a safety recall will be heavily scrutinized by federal prosecutors, who are investigating GM's conduct, according to legal experts.
WASHINGTON (AP) - President Barack Obama on Monday waded into the debate over "net neutrality" by suggesting that Internet service should be regulated more heavily to protect consumers.
BALTIMORE (AP) - A federal administrative law judge in Baltimore has given preliminary approval to a $6.6 million settlement for more than 570 current and former Social Security Administration employees with disabilities.


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Turkish investor Aster Textile, which recently bought EI Cegar at auction for €1.5m (US$1.6m), will develop the textile plant in Nis. The facility will immediately hire 500 people and 2,000 workers by 2018, when it aims to export goods totalling €50m (US$54m) a year.
For the full story, see the February 2016 edition of Textiles Eastern Europe. Not a subscriber? Sign up HERE


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Lack of availability of safe and nutritious food options, and lack of affordability of nutrient dense food is driving a wedge in our food system
Bangladesh has attained self-sufficiency in food production, but a significant majority of the population suffers from deficiencies in vitamin A, vitamin D, calcium, zinc, and folic acid.
These deficiencies in micronutrients have detrimental impacts on the cognitive development of children, physical growth and contributes towards maternal and child mortality. These are occurring despite sufficient production of fruits and vegetables in Bangladesh.
Sadly, close to 30% of fruits and vegetables are perished before it reaches consumers. Such losses have significant impact on the affordability of nutrient dense fruits and the farmers do not receive a price to keep themselves afloat.
The rapid urbanization of Bangladesh is escalating these challenges with lack of availability of agricultural land, long value chains and elongated value chains increasing the prices at consumer level.
According to World Bank 55% of the population in urban areas in Bangladesh lives in slums and they suffer the most from the adverse impact of the food price instability and malnutrition. The double burden of malnutrition that is increasing prevalence of both undernutrition and overnutrition is a major public health concern.
In urban areas, 37% of women (15-49) suffer from obesity and 45% of the children under-5 are stunted in urban slums. The adolescence is the last window of opportunity for cognitive and physical development but in urban areas 47% of the adolescents are overweight.
The lack of availability of safe and nutritious food options and the lack of affordability of nutrient dense food is driving a wedge in our food system that can potentially overburden our health system.
Moreover, food contamination and exposure to food hazards are persistent across the food chain in Bangladesh due to food adulteration, pesticide residues and microbiological contamination, among others.
Food production is also contributing towards 70% of ground water depletion, the indiscriminate use of pesticide is threatening the local biodiversity and intense agriculture and aquaculture is contributing to chemical effluent in the water bodies of Bangladesh. These unsustainable food production process threatens the future of food security and nutrition in Bangladesh.
These challenges might seem overwhelming but there are few dynamic start-ups which are showing light of hope in tackling some of these endemic food system challenges. Jackfruit 360 co-founded by two master’s students from Food Technology Department of Bangladesh Agricultural University (BAU) has developed comprehensive processing solution for Jackfruits.
In Bangladesh, 43.1% (FPMU, 2010) of Jackfruit are perished before it reaches the consumer. Proma Sen and her team from Jackfruit 360 has developed air fried chips, flour (out of jackfruit seeds) and different other value-added products made of jackfruits which are highly nutrient dense and solves the post-harvest loss problem of Jackfruits.
Ghost Kitchen Bangladesh manages 60,000 restaurants under their cloud kitchen model and their KitchOS 4.0 business idea plans to improve production efficiency, reduce food waste, and monitor food handling equipment at restaurants and commercial kitchens using sensor based IoT technology.
Inspira, a Delhi based start-up founded by Aman Jain seeks to expand its business of peel-based food solution to Bangladesh. Inspira has developed instant soup using banana peels at only Tk8. These highly nutrient dense soup solutions can be a game changer for meeting the nutritional gap of most vulnerable and low-income population in Bangladesh.
Green Grain is a startup based in Chittagong and its founder Tanvir Shakil is a pioneer of developing industrial production of cashew nut in Bangladesh. Cashew is a highly nutrient dense nut but has been too expensive for consumption by larger population base in Bangladesh.
Green Grain aims revolutionize the cashew industry of Bangladesh with the inclusion of BlockChain in sourcing of raw cashew nut and applied IoT in processing for becoming the most advanced cashew industry in the world.
Dr Recycle is a start-up which utilizes food waste to produce versatile range of products including a fruit mix juice powder, potent supplement for poultry industry and biofertilizers. Dr Recycle is creating economic value addition to waste as well as solving the nutritional challenge across food system.
Finally, iPage is a start-up that helps farmers to cultivate smartly through its data-driven, site-specific advisory service and market connectivity.
These innovative start-ups were identified and nurtured through the Food Frontiers: Urban Food Systems Innovation Challenge for youth entrepreneurs to bring disruptive innovation in urban food system of Bangladesh.
This Innovation Challenge was organized by the Scaling Up Nutrition (SUN) Business Network (SBN) Bangladesh which is chaired by Ministry of Industries and co-convened by Global Alliance for Improved Nutrition (GAIN) and the UN World Food Programme (WFP) and supported by Stellar Value Partners (SVP) and Turtle Venture as its accelerator.
Food Frontiers had three thematic areas which included Circular Food Flow Economy, Disruptive Technological Innovation, and Innovative Marketing Campaign.
These concepts were completely new in the start-up ecosystem so to build the capacity of the potential applicants. SBN with support from SVP and Turtle Venture organized live webinars with different business school, engineering universities, agricultural universities and start-up hubs across Bangladesh.
Campus Coordinators have volunteered to support the application process in different universities and in start-up hubs. A strong collective effort from all partners has ensured that Food Frontiers has received 85 very strong applications.
Subsequently a judging panel consisting of experts in Food Technology, Commercialization, Investments and Nutrition impact has been convened.
The top 15 applicant were chosen based on seven criterions which included nutrition impact, socio-economic impact, commercial viability, affordability, scalability, innovation and adaptability through extensive screening.
Shortlisted applicants went through an intense round of weeklong bootcamp which covered topics such as Sustainable Food System, Business Communication, Food Safety, Influencing Consumer Choices, Go to Market Strategy, Design Thinking, Business Canvassing, Story Telling and Pitching and Fund Raising.
These trainings were offered by renowned experts and thought leaders in their respective fields so that the start-ups could get seasoned practical advice on fine tuning their business model, strategy and approach.
The investor night was organized on June 23, where some of the most renowned impact investors like Tru Value Enterprise Limited, Anchorless Bangladesh. SEAF and Bangladesh Angels Network participated.
Moreover, commercial investors such BRAC, NDB capital and Lanka Bangla Finance had also joined the investor night. The finalists received an unique opportunity to present their pitch in front of commercial, impact, venture capital and angel investors. It helped the finalists get exposure to real investment opportunities as well as receive honest feedback to improve their pitch deck.
On June 30, the Grand Finale of Food Frontiers Urban Food Systems Challenge took place via online. In the final round the judging panel included Piet Vochten, deputy country director of WFP Bangladesh, Charlotte Pederson, senior advisor GAIN Denmark, Sharawwat Islam, CEO of Tru Valu Enterprise Limited, Dr Khondker A Mamun, founder CMED Health, Dr Imran Rahman, dean of School of Business University of Liberal Arts Bangladesh (ULAB), Dr Gulzarul Aziz, Bangladesh Agriculture University (BAU) and Quamrun Nahar, senior research officer at BIRDEM. Similarly, to the first round there were seven criterions, and each judge was assigned to adjudicate one criterion.
Dr Ruhul Amin Talukder (PPC), additional secretary, Ministry of Agriculture joined the grand finale as the chief guest, the Managing Director of SME Foundation Mafizur Rahman was the chair, Professor M A Alim, member, Bangladesh Food Safety Authority (BFSA), Dr Nadia Binte Amin, director, FBCCI, Ali Mushtaq Butt, commercial counsellor and head of Trade Embassy of Denmark and Anita Ghazi Rahman, member Investment Committee Start-up Bangladesh attended as special guests.
The top 12 finalists presented their pitch decks with their innovative business model, nutrition impact and future plan with the guests, multi-stakeholders, experts from various sectors and judging panel.
The judging panel did the scoring live and the winners were announced on the same night at the end of the event with huge fanfare. The prizes for the Food Frontiers Urban Innovation Challenge were divided in two segments an Infrastructure Award for Seed Stage Companies (companies already in operations for 2-3 years) and Cash Innovation Award for early start-ups (students and idea stage).
Ghost Kitchen Bangladesh won infrastructure award worth $9000 as first prize, Green Grain won infrastructure award worth $6700 and iPage won infrastructure award worth $4300. In addition, Jackfruit 360, Inspira, and Dr Recycle was the winner of the first cash award of $2500, the second cash prize worth $1500 and the third prize worth $1000 respectively.
Scaling Up Nutrition (SUN) Business Network (SBN) over the next few years will work with innovative companies to ensure that these companies can reach scale, market connectivity, access to finance and technical assistance with support from Government of Bangladesh, civil society partners, development partners, academia and the private sector.
Syed Muntasir Ridwan is the national coordinator of SBN and director of Catalysing Sustainable Transformation (Cast) Research, Dr Ashek Mahfuz is the portfolio lead at GAIN, Mahmudul Hasan, is the programme associate at SBN and Meshkat Hossain Akanda is the private sector specialist at GAIN


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The balance of power has changed in Australian wine, according to a speaker at the recent Wine Industry IMPACT Conference. Australian producers now have an unprecedented opportunity to “claw margin back” and take control of their own financial future.
Exactly how they could do that was the focus of a packed two-day conference, held in September in Orange, New South Wales—and one which had lessons for wineries everywhere.
The best way for producers to take their power back, said Dean Taylor, CEO of Wine Depot, was to sell direct-to-consumer (DtC). As delegates at the conference heard, DtC can be as simple as an internet ordering service, or as sophisticated as a wine club, or a winery tourism experience that turns visitors into long-term customers.
Understand this one number
Andrew Kamphuis, president of Commerce7, an e-commerce platform for wineries, said that wineries in North America struggle to make sense of their data—or simply don’t collect it in the first place. But he said that having good data was crucial for wineries wanting to improve their customer experience. “We know that the customer experience matters more than ever, more than our product, more than price,” he said. “Having a great customer experience will bring them back to your cellar door and website over and over.”
Yet too many wineries looked inward, focusing solely on how they could make a better product. Kamphuis advised them that if they were feeling overwhelmed, they should concentrate on just one number: the Net Promoter Score.
“It’s pretty simple. You go out and ask the customers what the likelihood is they would recommend you, and you rate it one to ten.” People who rate their experience one to six are unlikely to visit the winery again. “The sevens and eights are passive people who had a good time, but it was just OK.” Anyone scoring nine or ten, on the other hand, is a promoter.
To get the net promoter score, subtract the percentage of detractors from the percentage of promoters. The higher the net promotion score, the more likely the business is to be healthy and in growth, while a low score can flag problems with customer satisfaction and loyalty.
Build a wine club
California-based Lesley Berglund from the WISE (Wine Industry Sales Education) Academy, said that in the US, wine clubs represent about 30% of wineries’ sales—but this can easily reach 50% or more depending on how focused the winery is on attracting and retaining customers.
The first step to build a healthy business, said Ms Berglund, is to focus on the right metrics. “Information from our business activities has gone from scarce to super abundant,” she said. “Our goal is to turn this data into information and the information into insights and action.”
It’s important to measure what matters, and not get distracted. “First is the internal hard data. It’s real numbers—it can be compared to last year. We can look at trends,” she said. “The next bucket is the external hard data, the benchmarking, where you’re comparing yourself to neighbours and peers. Finally we have soft data, measuring customer satisfaction and loyalty.”
Ms Berglund said that when she’s coaching wineries, she tells them it’s important that the whole team, including cellar door staff, focus on the right numbers, particularly the average order value. It’s also important that staff understand the metrics of the wine club, including conversion rates, attrition rates and amount spent per member.
“Does your team know what the score is?” she ended. “Unless they really understand how to keep score, they don’t know if they’re winning or losing on a daily basis.”
Know what people are saying about you
Melissa Laurie of TripAdvisor said that the travel market is changing dramatically, with people driven by a desire to explore food and memorable experiences. When people find something they enjoy, they’re also likely to share it on social media.
Ms Laurie advised wineries to encourage their cellar door staff to ask visitors how they came to be there. “Did they see amazing pictures on Instagram? Or did they read great reviews and found out you were family friendly?” she said. If so, “feed that back into your strategy. Look at your website. Have a look at how people are landing on your website.” If people are ending up on the website because they’ve found a blog post about dining at your cellar door, make sure you expand the content—add more information about the restaurant to your own website.
As most people do research on their phones, it’s critical that winery websites are mobile optimised. Plus it’s also “important that you have great photo content,” because people like to see what’s on offer before they commit to a visit. “Video is also key—it helps people understand what your offering is.”
Wineries also need to monitor how they are being spoken about online, and should be constantly checking Google, Facebook and TripAdvisor to see what’s being said about them. “Check key platforms and make sure your details are up to date,” said Ms Laurie, adding that “people are starting to search a lot more via maps”, so it’s important that the winery is correctly listed. “You can use reviews on your own website as well, to enhance the social proof of your business.”
Ms Laurie said that TripAdvisor had noticed that many people are now looking for family friendly travel experiences, and to consider developing activities for the whole family. “US and UK travel peaks around December and January, so think about crafting experiences that align to these travellers around these periods.”
She said that restaurant pages get huge traffic, so “if you have a restaurant, list it on TripAdvisor in the restaurant section, because it will amplify it.” And if you don’t have a restaurant? “Look at partnering with locals.”
Offer a great ordering experience
Paul Hersbach from Australia Post said that online wine sales in Australia are still under-represented compared to a sector like fashion. (This is a statistic that holds true globally: according to Forrester, a quarter of fashion sales now take place online and are tipped to reach 36% globally, compared to 9% of wine sales in France, which has the highest online share of any country.)
Hersbach said online sales behaviour in Australia is being driven by the fashion industry, which benefits from selling stock that is small, easy to pack and doesn’t cost a lot to send. But this is leading consumers to expect the same level of service from all industries. “Online shoppers increasingly expect faster service with some retailers now offering quicker fulfilment and shipment,” he said. “People think speed is ‘I’ve ordered at 10.30 and I want it at 11.30’, but it’s not. It’s ‘I’ve ordered it and I’m going to get it tonight when I’m home to receive it’.”
Unfortunately, because so many businesses and warehouses close around 5:00pm, the deliveries don’t make it in time to suit customers’ expectations. Another issue is that wine is heavy, and because it’s generally sent from a rural area, it is expensive to ship. It’s a particular problem in Australia, where distances are vast.
This is something that Wine Depot, the sponsors of the conference, believe they’ve solved. In his presentation, Taylor said the company is opening warehouses around the country, where wineries can store stock. When a customer in that area places an order, the fulfilment takes place in their area, making it a local delivery. “Our service basically includes all of the handling and distribution, the management of the inventory and delivery to the end consumer.”
Monitoring Google and TripAdvisor, creating outstanding visitor experiences, and building a wine club sound like an enormous amount of work. But speakers at the conference made it clear that it’s not just a profitable route to take, but a powerful one.
“In the last two years, the oversupply (of Australian wine) has finally started to dry up,” said Taylor. “China is soaking up an enormous amount of that inventory, but the oversupply conditions have gone.” During the past decade, when Australian wineries struggled to sell all their wine, “retailers have had the opportunity to steal margins from producers.” But now that supply is tightening, “the power is returning to producers.”
The Wine Industry IMPACT Conference is organised by WISA (Wine Industry Suppliers Australia). Felicity Carter was a keynote speaker.


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TikkTalk is joining Europe’s leading startups at Slush 2016 in Helsinki this week. We look forward to two full days with some of the most exciting tech companies out there.
If you’re in Helsinki, let us know and we’ll see you at Slush! Nähdään siellä!
Slush is one of Europe’s largest events for tech startups and investors. Last year, it gathered over 15.000 attendees from over 100 different countries – and this year is expected to be even bigger.
We’re sending our CEO, Gautam, to represent TikkTalk and spread the word about our interpretation services. We’re transforming interpretation with innovative technology, and Slush is a great place for making new contacts and getting inspiration.
Digital technology has already completely changed the way we travel, order food, and many other parts of our daily lives. And it’s exciting to see all the other sectors that are about to change – including interpretation.
As a new face on the interpretation scene, TikkTalk was recently featured in Norway’s largest business newspaper, Dagens Næringsliv (DN), with a great article about our team member Mohamad.
The DN story also featured Gautam’s insights about what makes a good startups employee, including strong motivation and core values – and loads of flexibility.
For us, these are also important business values. They drive us forward and help us make TikkTalk the highest quality interpretation service, with the best interpreters at the best price.
We offer interpreters more opportunities for work. And we offer businesses the easiest solution for finding the qualities they need in interpreters.
If you need interpreters powered by the most innovative technology in the industry, sign up here today.


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Christmas came early for some Pennsylvania Walmart customers. The Kennet Square Walmart store confirmed that an anonymous benefactor paid off $29,000 worth of layaway items. Walmart released a statement saying, “When customers quietly pay off others’ layaway items, we’re reminded how good people can be….We’re honored to be a small part of these random acts of kindness.”
When you think of heavy metal bands, you likely think of long hair, tattoos and loud music. And that’s all true, but one band in particular has also been giving back to the cities they visit on tour.
Metallica is a world famous band and have not only been bringing good times to their fans at their concerts, they have also been donating thousands of dollars to food banks in every city they’ve performed in during their World Wired Tour. The donations are are being made through the band’s All Within My Hands Foundation.
Recently, they donated $10,000 to a food bank in Utah which will provide 30,000 meals to local residents facing hunger. The foundation is consistently donating large amounts of their ticket and merchandise sales to charities. On top of that, hey also made a $50,000 donation to benefit California wildfire victims earlier this month.


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IGN: The Halo franchise has expanded to cover everything from comic books to direct-to-DVD anime movies. But so far, a real, live-action move adaptation remains elusive. 343 Studios brought us one giant step closer to that dream with Halo 4: Forward Unto Dawn. Far more than just an expensive commercial for a game everyone with an Xbox was going to buy regardless, Forward Unto Dawn added something to the Halo mythos and showed us what's capable with even a relatively modest budget.
for an indie budget it was done really well. However I got real bored by episode 3....doesn't anything more exciting happen in the last two episodes?


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Ford's US sales plummet 48 percent in February
Ford expects a 48 percent year-over-year drop in vehicle sales, Ken Czubay, vice president for marketing and sales, has announced. The automaker also plans to slash production by nearly 40 percent in the second quarter of 2008.
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AFP - Ford Motor Co. reported a 48 percent year-over-year drop in its US vehicle sales Tuesday amid a deepening economic downturn.
The automaker also announced plans to slash second quarter production by nearly 40 percent to 425,000 vehicles from 685,000 vehicles in the second quarter of 2008.
Truck production will fall to 290,000 trucks units from 448,000 trucks in 2008 while car production will be slashed to 135,000 vehicles from 237,000 a year earlier, the company said.
"A key element of our strategy to build our reputation and improve resale values is to align our production with consumer demand," said Ken Czubay, Ford's vice president for sales and marketing.
"Our disciplined approach to the market in these challenging times helps us to minimize costly incentives which erode brand value."
Ford did, however, manage to improve somewhat from January's weak performance despite fewer selling days as sales rose to 96,044 vehicles in February from 90,596 in January.
"The economic and competitive environment remains challenging," Czubay said in a statement.
"Ironically, these times provide the best opportunity to distance Ford from the competition," he added.
"We're determined to stay on course and stay focused -- building a foundation for future growth with distinctively styled products that offer consumers best-in-class quality, fuel economy, safety and value."
Ford last week reiterated assurances that it can survive the current economic downturn without resorting to government aid.
Cash-strapped General Motors and Chrysler have asked the US Treasury for another 21.6 billion dollars in loans on top of the 17.4 billion approved in December.
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Perry Ellis International will be downplaying its private-label offering as it works to reverse a loss in the fourth quarter and year.
In the quarter ended Feb. 1, PEI posted a net loss of $28.2 million, or $1.91 a diluted share, against net income of $4.4 million, or 28 cents, in the year-ago period. The company said the quarter included a $42.9 million noncash writedown of certain intangible assets following a review of noncore brands and businesses. On an adjusted basis for both quarters, including the writedown and other charges, fourth-quarter diluted earnings per share were 6 cents, compared with 50 cents a year ago. Total revenues fell 16.4 percent to $216.1 million from $258.3 million and included a 17.2 percent decline in net sales to $207.9 million. The company said revenues were impacted by inclement weather and a cautious consumer, which resulted in part from a lack of replenishment orders across many of its business platforms.
In a conference call with analysts on Thursday, George Feldenkreis, chairman and chief executive officer, said private and exclusive brands now account for 18 percent of sales, down from 22 percent in fiscal 2013, and are expected to decline to 16 percent by the end of the year.
Oscar Feldenkreis, president and chief operating officer, said that during fiscal 2014, the company exited 20 private-label and exclusive brand programs, representing a “$62 million decline in revenues. The strategy will continue to unfold in fiscal 2015 as we plan to exit four additional programs resulting in an additional $20 million in revenue loss.”
He stressed, however, that the company’s owned and licensed brands — which include Perry Ellis, Rafaella, Original Penguin, Laundry and Ben Hogan — grew “slightly” in the year and the company will “direct our energy and capital towards international, multiretail or lifestyle brands across our core platforms, which consists of men’s sportswear, golf lifestyle apparel and women’s sportswear.”
The quarter, impacted by inclement weather, resulted in store closures and declines in traffic that hurt sales and gross margins. The company’s own stores also posted a 4.8 percent decline in sales during the period, according to George Feldenkreis.
He did, however, say he was “encouraged” by the performance of the e-commerce business, pointing to a 20 percent sales gain in wholesale e-commerce sales to $40 million.
George Feldenkreis said the company signed 13 new domestic and five international licenses last year and licensing revenue overall increased 10 percent to $29.6 million from $27 million last year.
Internationally, he pointed to growth in Canada, Mexico and the U.K. and said the company is investing “in people and platforms” in the European Union as well as Canada and Latin America to fuel further growth. He said early results in Asia are also encouraging.
For the year, the company said the net loss was $22.8 million, or $1.52 a diluted share, against net income of $14.8 million, or 97 cents, in 2013. Total revenues slipped 5.9 percent to $912.2 million from $969.6 million, which included a 6.4 percent decrease in net sales to $882.6 million.
The company in February had reported preliminary fourth-quarter results that were sharply below previous guidance due to weather, poor traffic and heavy promotions in some product categories.
The company said it expects adjusted diluted EPS for fiscal year 2015 in the range of 75 cents to 90 cents on a revenue projection of $910 million to $920 million. Guidance includes its expense rationalization initiative net of reinvestment in new businesses.
Shares of PEI on Thursday rose 3.1 percent to close at $14.69 in Nasdaq trading.


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"India is taking concerted and coordinated efforts on R&D and innovation in the pharma-medtech sector to indigenously develop cutting-edge products and technologies," he added.
Mandaviya said the union government is promoting an enabling ecosystem for innovation in the pharma-medtech sector to become a leader in drug discovery and innovative medical devices.
He said a large share of global value capture -- nearly 40 per cent of a market of USD 6.65 trillion -- in the life sciences sector lies in innovation-based products.
Promoting drug discovery and innovation will unlock this value and also enhance the industry's contribution to the Indian economy, with additional USD 10-12 billion in exports every year, and create a large pool of jobs to enhance India's differentiation vis a vis other developing economies.
The increased spending on healthcare globally, the increase in the size of the Indian middle class, the commitment to universal healthcare and the attention to schemes such as Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (PM-JAY) and Pradhan Mantri Bhartiya Jan Aushadhi Pariyojana (PMBJP) have created a sustained demand trajectory for pharma and med-tech sectors, he noted.
The demand for better therapeutic outcomes, trends in personalised diagnostics, in-home treatment, wearables, telemedicine etc have created scope for differentiated products and service offerings.
The minister urged the pharma and med-tech sectors to move out of their comfort zones and adopt innovation as a driving feature of their business strategies.
"India is now poised to take on the global arena and move from high-volume to high-value products," he said.
Mandaviya also said the government is strengthening the regulatory framework to facilitate innovation and research in product development. Indian regulators are now working towards establishing global harmonisation in this regard, with modifications in the regulatory provisions.
The government is also focussing on incentivising investments in innovation through a mix of fiscal and non-fiscal measures, thereby matching risks with remunerative financing options.
"We are looking at a range of interventions that would facilitate funding support for innovation such as schemes to support investments into R&D innovation, reimbursement of R&D spending and designing appropriate fiscal incentives to promote R&D," he stated.
Another focus area is creating a facilitatory ecosystem to support innovation and cross-sectoral research as a strong institutional mechanism for sustainable growth in the research and development and innovation sector, he said.
Mandaviya also highlighted efforts initiated by the government to integrate traditional medicines and phyto-pharmaceuticals into the mainstream public dialogue and practice.
The growth in this segment will have direct and indirect impact on employment, the farming community, industry, and academia, he added.
He also referred to the government support for the medical devices sector by a production-linked incentive (PLI) scheme and underlined that the bio-pharmaceuticals sector has delivered a 5-year Compound Annual Growth Rate (CAGR) of 50 per cent.
On Prime Minister Narendra Modi's call for 'Atmanirbhar Bharat' or 'self-reliant India', he said India can achieve self-reliance in pharmaceuticals and medical devices only by strengthening its R&D infrastructure that would drive the expansion of access to life-saving medicines and drugs and help the country become a global pharmaceuticals and medical devices exports hub.
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BY MICHAEL C. JULIANO REPUBLICAN-AMERICAN
WATERBURY — American Steakhouse will soon call an end to an era in the Brass City.
The Tartaglia family plans to shutter the franchise's restaurant at 1011 Wolcott St. on Sunday after 40 years in operation, co-owner Isabel Tartaglia said Monday.
"We had a year left on our lease and we thought we'd be able to work it out, but we couldn't," she said, adding the decision to close was made very recently. "It was a long lease with options and we used all our options."
The Tartaglia family had a 20-year-lease ending April 30 for the 6,875-square-foot space in the Waterbury Center, which is owned by Vordano Realty Trust of Paramus, N.J. Calls to Vordano Realty Trust were not returned.
Isabel Tartaglia co-owns American Steakhouse with her father Remo Tartaglia, her mother Nella Tartaglia, her sister Lorraine Tartaglia and her brother Remo Tartaglia Jr.
Isabel Tartaglia said she is working with the Waterbury location's 40 employees to help them find employment elsewhere.
"I hope they all get good positions," she said. "They're all fantastic."
In the 1960s, Remo Tartaglia, a native of Italy, and a business partner bought the rights to open Bonanza Steakhouse franchises in Connecticut, Isabel Tartaglia said. They opened 13 Bonanza outlets in Connecticut by the early 1980s.
At that point, Remo Tartaglia bought out six outlets in Branford, Bridgeport, Meriden, New London, West Haven and Waterbury and renamed them American Steakhouse, she said.
The family sold the Norwalk location in the 1980s and then bought it back in the 1990s. They closed the Branford and New London outlets in the 1990s, leaving them with five locations, including the Waterbury restaurant.
"We've been employing about 200 to 300 employees for 40 to 50 years," Isabel Tartaglia said. "We really appreciate the community of Waterbury and their support over the years. It's never easy to let a restaurant that's been a part of your family go. It's sad."
Isabel Tartaglia said the family plans to keep the other American Steakhouse venues open but has no plans at this point to open other locations.
"We might be back," she said. "You never know."
The restaurant's gift certificates will be honored at American Steakhouse's other locations, she said.
The Tartaglia family also owns Monroe-based Tartaglia Commercial Properties, the portfolio of which includes Waterbury Shopping Center, 835 Wolcott St., and Monroe properties Clocktower Shopping Center, Gaslight Square and 255 Monroe Turnpike. It also owns West Haven Shopping Center and Cheshire Shopping Center, according to its website.
The 147,928-square-foot Waterbury Center is anchored by a 70,615-square-foot ShopRite supermarket and is also home to a 13,749-square-foot Petco store, according to Vordano's website. The Petco store will move at the end of this month to a new 13,500-square-foot space in Brass Mill Commons.
The center also has a 25,562-square-foot TJMaxx clothing store; an 11,513-square-foot Royal Buffet restaurant; a 7,027-square-foot Sleepy's The Mattress Professionals; a 4,997-square-foot Taco Bell; and a 3,966-square-foot GameStop.
Contact Michael C. Juliano at firstname.lastname@example.org


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Retail sector glum for fourth straight quarterThe outlook for the retail industry continued to decline for the fourth quarter in a row.
According to a report from the Korea Chamber Commerce and Industry (KCCI), the negative outlook for retail in the second quarter deepened due to a continuing slump in offline retail businesses, including convenience stores and supermarkets.
The Retail Business Survey Index (RBSI) hit 91 points for the second quarter of this year, one point lower than the previous quarter. Some 1,000 retailers responded to the survey.
With 100 points set as the standard, a figure above 100 suggests a positive outlook and below 100 a negative one. The last time the index scored higher than 100 was for the third quarter of 2014, at 102 points
By sector, convenience stores scored the lowest with 77 points, followed by supermarkets (82 points), department stores (89 points) and discount stores (92 points). Online operators scored better than offline businesses, with online shopping having scoring 103. Home shopping scored 100.
Some 49.1 percent of retailers surveyed supported the easing of government regulation on brick-and-mortar stores like lifting a ban that limits stores from opening a new branch within a certain distance. Slowing the increases in the minimum wage came at a distant second with 16.7 percent support.
“The fact that the only [type of] retailer that surpassed the standard 100 points was online shopping suggests the slump in the retail industry, which is closely connected to public spending, will continue,” said a spokesperson for KCCI. “The industry will have to read the changing consumption [patterns] and trends to be able to create new [revenue sources].”
BY JIN MIN-JI [email@example.com]


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Coca-Cola eyeing vitamin water maker Glaceau
Report: No. 1 beverage company, looking to offset stagnant cola sales in U.S. market, may soon announce it is acquiring vitamin water maker Glaceau.
NEW YORK (CNNMoney.com) -- Coca-Cola Inc., looking to offset stagnant cola sales in its key U.S. market by boosting its portfolio of flavored water drinks, may soon announce that it is acquiring vitamin water maker Glaceau, according to an industry report.
Trade publication Beverage Digest, citing unnamed sources, reported Monday that Coca-Cola (Charts, Fortune 500), the world's largest beverage seller, is in serious talks to acquire all of -- or a substantial stake in -- Glaceau.
The report said that Coke could make an announcement about the deal when Coke's North American bottlers meet in Atlanta in early May.
Meanwhile, PepsiCo (Charts, Fortune 500), the No. 2 beverage maker after Coke, also had had "meeting" with Glaceau, the report said. Pepsi reported its first quarter results Wednesday. The company is expected to hold a conference call with analysts later in the day could potentially address the Beverage Digest report on Glaceau.
Glaceau is owned by a number of shareholders including CEO Darius Bikoff. India-based Tata owns a 30 percent stake in Glaceau. According to Beverage Digest, it is not clear at this time whether Coke would acquire all of Glaceau or a significant stake.
Some sources told the publication that Bikoff may keep a "retained interest" as is common in many deals. The deal's valuation could be in the range of $3 billion or more, the report said.
Glaceau would make be an attractive addition to Coke's portfolio of drinks, especially in the United States where industry watchers say both Coke and Pepsi are struggling to grow sales and market share for their carbonated soft drinks as more health-conscious consumers migrate to energy drinks and bottled water products.
Earlier this month, Coke told analysts that the company expects more sales weakness for Coke drinks in the U.S. in 2007.
Glaceau has been a phenomenon in recent years. According to Beverage Digest, its line of enhanced, flavored and sweetened waters has been growing rapidly. In 2006, its sales, measured by unit case volume, jumped 103 percent versus 2005.
Most Glaceau volume is now distributed via independent distributors including Cadbury Schweppes Bottling Group, Tucson-based Kalil Bottling, Worcester, Polar Beverages and others.


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Agriculture is facing uncertain times. The Farm Bill is still not resolved, land and rental rates are overpriced, grain prices are dropping, and inputs are still relatively high.
A Findlay man was sentenced to four years in prison on Monday for a 2011 drunken driving crash that killed a Bloomdale woman.
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Dogecoin mania reached Indian crypto exchanges and crashed its web sites
After Ethereum and Bitcoin, it’s now Dogecoin that has taken the web by storm. The worldwide buying and selling quantity of Dogecoin tripled final week and it hit greater than a whopping USD80 million market cap just lately. Dogecoin, the quirkiest cryptocurrency born out of a Doge meme again in 2013, is now gaining probably the most consideration from crypto merchants throughout the globe.
It’s a peer-to-peer, open-source cryptocurrency and its underlying know-how is scraped off of Litecoin script. The low value and the limitless provide of cash make it extremely acceptable among the many crypto networks round. The latest Coinbase listings resulted in its worth surging to a brand new file. Elon Musk has additionally been very vocal about crypto, which largely appeared supportive. Just lately Musk referred to as the crypto a ‘hustle’ on a well-liked US comedy present, Saturday Night time Stay, which introduced down the worth of Doge. Nevertheless, two days again Musk’s SpaceX introduced that will probably be launching its ‘Doge-1 Mission to Moon’ in 2022 and can settle for Dogecoin because the fee. This has once more resulted in a lot frenzy round this meme-inspired crypto.
The Dogecoin development regularly reached India and the cryptocurrency exchanges in India witnessed record-breaking buying and selling volumes of Dogecoin. This resulted in elevated site visitors on the buying and selling platforms, which slowed the system and crashed it. One among India’s largest and most trusted cryptocurrency alternate platforms, WazirX, reported a fund switch situation and system decelerate because of the sudden surge in site visitors. In keeping with a Instances Now report, a press release by WazirX acknowledged, “It’s a peer-to-peer, open-source cryptocurrency and its underlying know-how is scraped off of Litecoin. The low value and the limitless provide of cash make it acceptable among the many crypto networks.” Customers took the difficulty to social media and complained in regards to the transactions points on Twitter by way of #WazirXScam that quickly grew to become trending.
It was unlucky that such a giant buying and selling alternate couldn’t handle the person site visitors with a sudden demand for accelerated Doge transactions. WazirX had clarified of their responses that they had been unable to accommodate the person site visitors and ensured that they’ll restore it quickly.
Additional on Could tenth, WazirX tweeted, “Buying and selling points have been resolved. We’ve enhanced our buying and selling expertise that may deal with the heavy load as a consequence of excessive volumes. We’re enhancing the app/web site expertise additional and can preserve #BUIDLing.” One other platform CoinDCX additionally got here up with a crackdown as a consequence of a surge in doge commerce.
Dogecoin noticed this escalated value motion after the anticipated look of Elon Musk on the Saturday Night time Stay present. Since Musk had been tweeting in help of Doge continuous, merchants took the trace as a potential time to put money into the cryptocurrency. One other Indian crypto alternate CoinSwitch Kuber disabled its INR deposits briefly. The platform tweeted that it’s attributable to the top of their Financial institution accomplice and can repair it quickly on April 21. A report by the Financial Instances revealed that for the reason that trace on Musk’s look within the TV present, CoinSwitch Kuber witnessed a surge of INR600 crore in Dogecoin commerce in 24 hours and it registered 200% commerce quantity month over month. Whereas all this was occurring, ZebPay stayed away from this frenzy by not internet hosting Dogecoin on its platform.
In the meantime, the Indian Authorities is planning to introduce new laws on cryptocurrency buying and selling. The revised framework would demand the corporate particulars, and statements of revenue and loss in digital currency trades, and so forth. The crypto community in India is already anticipating a strict transfer from the central authorities and that’s when such a frenzy overtook the crypto exchanges. Many merchants blamed the alternate platforms for not having the higher capability and never anticipating any commerce surge. The mania over Dogecoin dropped down as soon as Musk uttered the phrase ‘hustle’ within the present. The Crypto market is ever risky and thus there have additionally been statements from consultants asking to not belief a lot in cryptocurrency investments.
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