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Clients use their Bitcoins as collateral to invest in over 100 different stocks or a dozen stock markets.
October 6, 2014. First Global Credit announces the launch of the world’s first professional investment service that bridges the gap between cryptocurrencies and global stock markets. The service launch will take place at the Inside Bitcoin Exhibition, Las Vegas Monday the 6th of October. The website, www.firstglobalcredit.com makes it possible for those who have mined, purchased or received Bitcoins in payment to maximize the potential of their holdings by using them as security on investments in a selection of over 100 world-wide stocks as well as a dozen global stock markets. This is the first of five major service launches planned for 2014-2015, and the first of many investment options that will become available through First Global Credit over the next few months.
“The mainstream investment community discriminates against holders of digital currencies because of fear and a lack of knowledge,” says Gavin Smith CEO of First Global Credit. “Because we provide a way for clients to invest in world-wide stock markets without the need to first exchange Bitcoins for Fiat currencies, we are helping to establish a capital market which will have a stabilizing effect on the digital currencies themselves,” continues Smith.
The challenge of managing stock movement together with cryptocurrencies volatility has limited new ventures in this market. But the founders of First Global Credit have decades of experience trading and managing hedging strategies for market leaders operating in the unpredictable world of professional commodity trading. “We follow a Direct Market Access (DMA) hedging strategy where no client’s trade is filled until a hedge has been automatically placed in the underlying market,” says Smith. This is one of many strategies that makes it possible for First Global Credit to prosper regardless of volatility. “The trade management strategies we use have proven extremely profitable even in illiquid or volatile markets and we are going to replicate that success in the alt currency markets.”
“There are many people that have been holding onto Bitcoin waiting for them to achieve their potential but with nowhere to invest them,” says First Global Business Development Director Marcie Terman. “Our goal is to combine the benefits of digital currencies and mainstream markets, giving our clients investment options but without the endless layers of fees and obscure charges levied by traditional banks, mutual funds and unit trusts.”
First Global Credit is an international business corporation registered in Charlestown, Nevis. Technical Operations are run from offices in the UK, with Trading and Risk controlled in Geneva, Switzerland.
The Bitcoin phenomena started with the mining of the ‘Genesis Block’ at 18:55:05 GMT on January 3rd, 2009. An exchange rate for Bitcoins was established on October 5th of 2009 at one US Dollar equal to 1,309.03 BTC. This number was derived from an equation that included the cost of the electricity needed to run the computer that mined the Bitcoin. Technical people became involved in the phenomena “mining Bitcoins” before the currency had much acceptance. In 2012 the currency’s value started to increase and since 2014 several major retailers have included BTC in what they will accept for goods and services. This has given tangible value to what had been created over the last several years and left dormant on computer hard drives. Many Exchanges have sprung up in the last two years giving people the opportunity to change Fiat currencies like the dollar, euro and pound for Bitcoin and other digital currencies. This speculation has contributed to market volatility which continues to be high.
About First Global Credit:
First Global Credit is the world’s first Finance Company 100% focused on digital currency products. The company has been founded by financial service professionals with 35 years’ collective industry experience. The objective, to deliver stability and reliability to people wanting to transact business using Bitcoins. We are committed to assisting our customers achieve their economic objectives and to do this our systems have been built using enterprise level technology and security. Our processes are designed to assure the security of our client’s assets alongside maintaining their privacy. The company has a commitment to developing a stable and secure cryptocurrency capital market; to provide an environment which will prove fairer, more accessible, and less costly for the public to transact business than existing banks and financial institutions.
For further information contact:
Marcie D Terman
First Global Credit
UK Phone +44 1483872052 x85
US Phone +1 646 5132713


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Britain joins the online taxation fight
Concerned with tax breaks that benefit digital retailers, the U.K. government wants to make a change.
British Finance Minister Phillip Hammond is strongly considering introducing an “Amazon tax,” a move that would ensure taxation was fair for retail companies doing business the “traditional” way, as well as for those conducting business online, according to Sky News.
While Hammond didn’t suggest a specific plan to reform business rates, he indicated that the country needs a new set of taxes to tackle online businesses, which tend to pay far less than their traditional competitors. Hammond suggested a renegotiation of international tax treaties “because many of the big online businesses are international companies. If we can’t get international agreement to do this we may have to look at temporary tax measures to rebalance the playing field until we can get international agreements,” he said in the report.
Hammond told Sky News he is considering “temporary tax measures to rebalance the playing field until we can get international agreements.”
The consideration comes on the heels of reports that revealed Amazon paid less corporation tax in the U.K. in 2017 than it did the previous year.
To read more, click here.
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Topping tech headlines on Wednesday, dueling reports from Gartner and IDC pegged either Lenovo or Hewlett-Packard as the top global manufacturer of PCs in the recently concluded third quarter. One thing the two research firms do agree onthe PC market as a whole declined sharply in the quarter ahead of the highly anticipated release of Microsoft's next-generation Windows 8 operating system later this month.
In other news, eBay rolled out a revamped online marketplace (and affiliated apps) with new features and backend changes aimed at creating a more personalized shopping experience. While the display pages bear a striking resemblance to social corkboard Pinterest, the behind-the-scenes development sounds similar to Google eBay knows everything about its buyers and sellers, which the company said is meant to help customize the experience.
Meanwhile, a Google image search for the phrase "completely wrong"now yields pages upon pages full of photos of Republican presidential hopeful Mitt Romney. But the glitch is not the result of an intentional "Google bomb," but the result of Romney using the phrase to describe his "47 percent" remarks.
Finally, images of the Samsung Galaxy S III Mini leaked online, promising a smaller version of the flagship phone. Samsung is expected to officially unveil the new smartphone today during an event in Germany, but it is not yet clear if the device will be released the U.S.
Also making headlines Wednesday:
- Microsoft Phasing Out Points in Windows 8: Microsoft confirmed that it will be phasing out the use of Microsoft Points in Windows 8.
- Report: iPad Mini Will Be Wi-Fi Only: A new report coming out of the U.K. indicates that the new iPad mini will only offer Wi-Fi.
- Microsoft's Ballmer Talks Hardware, 'Fundamental Shift': With the Windows 8 launch on the horizon, Microsoft chief steve Ballmer outlined a future in which the company will dabble in software and hardware "to deliver a broad spectrum of Windows PCs, tablets and phones."
- Slingbox Media-Streaming Devices Get an Upgrade: Sling Media unveiled two revamped Slingboxes the 350 and 500, which bring live and recorded programs to your computer, smartphone, or tablet.
- Netflix CEO Hastings to Leave Microsoft Board: Netflix CEO Reed Hastings is giving up his seat on Microsoft's board of directors, the software manufacturer announced.
- Report: Scratch Checks Slow iPhone 5 Production: An issue with scratches on the iPhone 5 is reportedly holding up production at Apple supplier Foxconn.
- Google Project Brings Major Historical Exhibitions to the Web: The Google Culture Institute launched 42 new online exhibitions covering some of the major events of the last century.
- Report Predicts Ultrabook Boost ... Eventually: GBI Research reported that ultrabook shipments will account for almost half of global notebook sales in four years.
- RIM Opens Door to BlackBerry 10 Apps: RIM opened its app store to BlackBerry 10 apps and set a Jan. 21 deadline for developers to be eligible for a $10,000 prize.
- Sorry Android, Teens Love Apple Gadgets: For many teens, texting on an Apple iPhone is just as important as strutting around in an Abercrombie & Fitch sweater, according to a new study.
- Kickstarter Officially Expands to the U.K.: Starting Wednesday, U.K. residents with Kickstarter dreams can submit their projects, the first of which will go live on Oct. 31.
- Tech Giants Gather to Discuss Patent Peace: Tech industry giants gathered Wednesday at the U.N.'s International Telecommunications Union (ITU) Geneva headquarters to discuss patent peace.
- Singer Sarah Brightman Plans Trip to the Stars: Classical crossover superstar Sarah Brightman has signed up with Space Adventures for a trip to the International Space Station in the coming months.
For more from Stephanie, follow her on Twitter @smlotPCMag.


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4 August 2021, 11:11
Trio of RDNA 2 GPUs includes the Radeon PRO W6800X Duo with 120CUs, 64GB in total.
12 February 2014, 11:12
Went on sale in Dec and almost immediately sold out. Now eBay Mac Pro scalpers make £$£$s.
11 June 2013, 07:45
Also intros new Haswell based MacBook Air and a radical Mac Pro redesign.
1 February 2013, 13:30
Not due to the sales figures but because of new European safety regulations!
8 June 2012, 23:14
Getting set up for the conference start on Monday.
16 November 2010, 16:59
Fermi-based professional GPUs now available, but don’t expect to configure a system with one.
5 November 2010, 15:28
OS X-powered rack servers to be withdrawn in the new year, with no replacement planned.
25 August 2010, 15:05
Multi-boot environment now harder to achieve on certain Mac Pros and minis
9 August 2010, 14:41
Dual-chip "Westmere" rig now yours for only £3,999.
27 July 2010, 14:43
12-core goodness now available on workstations
7 December 2009, 12:25
Now available with a 3.33GHz Nehalem-derived Xeon processor and 2TB hard disk drives.
8 January 2008, 15:24
Macworld isn't due to start until January 14 but why wait until then? Taking the spotlight off CES for a moment or two, Apple today launches a new Mac Pro ...
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Poland: Proposal of amendments to VAT Act intended to fight fiscal frauds
The Polish Ministry of Finance has announced proposed amendments to the VAT Act. The introduction of this package – according to the Ministry of Finance – will increase the effectiveness of the fight against VAT fraud. The new rules will primarily concern the domestic reverse charge mechanism, joint and several tax liability, as well as rules of VAT deduction in case of goods and services used for mixed purposes. The Ministry of Finance is planning to implement these amendments from January 2015. The domestic VAT reverse charge mechanism will be extended and will cover new products, such as mobile phones (including smartphones), portable computers (tablets, notebooks, laptops) and video game consoles. From 2015 reverse charge will also apply to raw gold and certain steel products whose characteristics are similar to products already covered by this mechanism. The domestic reverse charge will only apply if the purchaser is registered as the VAT taxpayer, and – in case of mobile phones – only if daily net amount of sale to one purchaser exceeded 20,000 PLN ($6,000).
The proposal also introduces a new reporting obligation. The suppliers of goods and services, in case of which VAT will be accounted according to the domestic reverse charge mechanism, will be required to submit to the tax office a statement listing such transactions.
The list of goods subject to joint and several tax liability mechanism will also be amended. According to this mechanism, which was introduced in Poland in October 2013, under certain circumstances purchasers of some goods (steel products, fuels, lubricants and raw gold) may be responsible for a supplier's VAT liabilities. The Ministry of Finance is planning to apply this mechanism also to raw silver and platinum. On the other hand, raw gold will be excluded as it will be covered by the domestic reverse charge mechanism.
The next part of the proposed amendments refers to rules of VAT deduction in case of goods and services used for mixed purposes; that is, goods and services used for purposes of activities subject to VAT and other activities. In particular, it will be possible to receive from the tax authorities binding confirmation that the method of calculating the VAT pro-rata applied by taxpayer is correct. Additionally, the Ministry of Finance will issue implementing regulations specifying possible methods of calculating VAT pro-rata.
This is still only the general draft of the proposal and a package of specific regulations will be announced later this year.
Michal Spychalski (firstname.lastname@example.org)
Tel: +48 22 322 68 88


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News & Events in Arlington, TX
Here’s an update on the latest news and events taking place in Arlington, Texas:
Alpha Furniture LLC: Inked a lease to relocate to 60,000 sf of expanded space in Arlington. Alpha leased the industrial space at 3715 East Avenue E. in Arlington and will relocate from its current 40,000‐sf location on nearby Avenue R. Alpha Furniture has five retail outlets and an online retail business that all service from its Arlington facility.
L‐3 Communications Corp: Leased 14,505 square feet in the Directors Square complex in Arlington, TX. The contractor will take occupancy in October at 711 Directors Drive, a single‐story, 25,308‐square‐foot office building constructed in 1976.
Fish & Wildlife: A lease was awarded at 1950 N.E. Green Oaks. The project will have a total of 6,000 SF and bring 15‐20 new jobs to Arlington.
TCC’s Science and Academic Building: Construction has begun on a three‐story, 120,000‐sf Science and Academic Building for Tarrant County College (TCC). Once complete in late 2010, the building will have a 150–200 student lecture hall, student gathering areas, general purpose classrooms, back‐to‐back teaching science laboratories, a common prep area that will be shared by all teaching groups, and a three‐story atrium. The building is aiming for LEED Gold certification.
Texas Masonic Retirement Center: Construction is rolling again on a .3 million apartment building in central Arlington. The center, at 1501 W. Division St., has a nursing center, independent‐living quarters and 12 two‐bedroom duplexes. It is for members of the Texas Masonic fraternity, Masonic‐related organizations and widows of Masons. The 55,000‐square‐foot, five‐story building was one of several projects that Carrollton‐based contractor Hisaw & Associates stopped work on in late April, citing financial problems.
Oakridge School: Arlington’s Oakridge school recently closed on a 2.5‐acre tract of land along Pioneer Parkway. Oakridge bought the property, which is directly in the middle of its planned 50‐acre athletic campus across from the school’s campus at 5900 West Pioneer Parkway. The school also picked up a four‐acre tract to its west, a site that was once home to the Arlington Animal Services Center. Oakridge paid nearly ,000 for the shuttered property, which includes five buildings.
Texas Appliance & Builders Supply: The company will double its showroom space when it expands beyond its longtime Pioneer Parkway store to a second location alog Interstate 20 in southeast Arlington in October. The company has bought the former Park Row Lighting showroom and warehouse at 1500 East I‐20. The sale included the 41,224‐square‐foot building and the 4.6 acres. About 15,000 square feet of the building will be used for a showroom, with the remainder for warehouse, distribution and the company’s offices. Texas Appliance will continue to operate its 15,000‐square‐foot showroom at 3401 W. Pioneer Parkway. As many as eight employees will be hired for the I‐20 location, which is expected to open in mid‐October.
Mandola’s Italian Market: Chili’s founder Larry Lavine will open Mandola’s Italian Market in South Arlington in North Texas this November. Mandola and a team of private investors will sink about $2 million into the lease and renovation of a former Bravo Italian restaurant in 7,300 square feet at the Arlington Highlands shpping center, just east of The Parks at Arlington Mall.
The concept will be an Italian market that sells items such as cheese, bread, meat and gelato.The Arlington location will employ about 65 people.
Fuzzy’s Taco Shop: Fuzzy’s, a casual Mexican food restaurant, leased 3,700 square feet of retail space in Stanton Plaza, a shopping center located at 4201 W. Green Oaks Blvd., for its second Arlington location. The new Arlington location should open during the first quarter of 2010.
Mijo’s: The popular Pantego Mexican restaurant plans to open an additional location at 207 N. Center St. across from Arlington Music Hall before the end of the year. Mijo’s will offer the same dishes as its west Park Row Drive location, but will also feature a taco bar where patrons can build their own crispy or soft tacos.
Kia Dealership: Dallas car dealer Clay Cooley purchased the property and buildings of the former Classic Kia car dealership at 1500 Interstate20 in Arlington. The facility includes an 11,242‐sf showroom, a 7,369‐sf office, a 8,369‐sf parts department and a 37,301‐sf service area. Cooley owns a Buick, Pontiac, GMC dealership and a Suzuki dealership in Dallas.
The council approved giving Plains Capital Bank $96,000 to assist with the asbestos abatement costs to demolish properties at 701 E. Rogers St. and 808 N. Collins St.
US Bowling Congress: The $2.5 million International Bowling Museum and Hall of Fame opens in January. The 18,000‐square‐foot museum and hall of fame, which is moving here from St. Louis, will be at 621 Six Flags Drive in the city’s entertainment district. It will house bowling artifacts and interactive exhibits featuring highlights of the game’s 5,000‐year history, its popularity in America and around the world, and the top players.
Reps 1 USA Inc.: Leased 15,390 square feet of industrial space at 1118 Harris Road in Arlington from Jason Industries Inc.
Fratto Engineering Inc.: An established MEP firm, signed 5,403‐square‐foot lease at 2201 N. Collins in Arlington.
Arlington airport: A new $4.5 million terminal building at the Arlington Municipal Airport has been approved. The Arlington City Council approved issuing $8.86 million in certificates of obligation, part of which will pay for a new terminal at the airport. The two‐story, 11,000‐sf terminal is expected to open before the 2011 Super Bowl at Cowboys Stadium.
Arlington has been ranked no. 6 in the top ten affordable U.S. housing markets by Coldwell Banker. The data reflect average sales price for a 2,200‐sf single‐family home with four bedrooms and two‐and‐one‐half baths.
Downtown Arlington Management Corp: Maggie Campbell, president of the Downtown Arlington Management Corp., has announced her resignation. Hired in 2006 to implement the city’s downtown vision, Campbell is credited with helping attract investors and entertainment venues, including the Levitt Pavilion for the Performing Arts, Fuzzy’s Taco Shop and Babe’s Chicken Dinner House. Campbell will stay until Oct. 23 and then become president and CEO of the Downtown St. Louis Partnership.
UTA: The UT Arlington College of Education and Health Professions announced that it has received a $275,000 grant from the Texas Higher Education Coordinating Board to begin the UT Arlington and Arlington ISD College Readiness rogram to prepare first‐generation minority students for postsecondary education.


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Rather than cherry blossom, or “Sakura Season” dominating travel headlines about Japan at this time of year, it’s been murmurs of xenophobia and a hatred for foreign visitors, lately. Even as the world reopened, Japan was seemingly staying shut.
After South Korea loosened travel restrictions this week, garnering excitement around the world, it was only a matter of time before Japan would respond.
From April 8th, 2022 travel to Japan will begin to change. On Friday, the Japanese Government will move to end long standing travel bans impacting arrivals from 106 countries. It’s an exciting change, but not one without its quirks or limitations.
Add in a dose of confusion, and welcome to travel in 2022.
Before you go and grab the next flight, the news isn’t nearly as exciting as one might hope. That’s because travel for the purpose of tourism still appears to be excluded under the plans. Yep, travel bans may be over, but that doesn’t automatically mean you can go.
Japan Starts To Officially Ease Travel Restrictions
From April 8th, 2022 blanket arrival bans prohibiting travel to Japan from 106 countries will be dropped.
Select travelers hoping to visit the beloved North Asian country will once again be able to enter from this date, including arrivals from the US, UK and much of Europe, among others.
The bad news is, that doesn’t mean tourists. At least, for now. Visitor numbers will also still be capped at 10,000 per day, a change from 7,000.
Entry during this period will require a visa in advance, and visas will remain mostly restricted to businesspeople, students and trainees traveling on work orders. A desire to see cherry blossom while enjoying ramen on a picnic blanket won’t get you in, yet.
Tourists are still out, for now. But, for how long?
Was This News An Accidental Slip From The Government?
There’s contrasting news coming out of Japan in regards to the statement.
Days ago, Japan lowered the outbound travel “risk” advisories for 106 countries in a separate release. According to the Japan Times, the people actually allowed to enter Japan won’t change at all, despite the new notice from the government.
This raises the question of whether plans do actually exist to allow tourists from these 106 countries, and the timings of announcements were just botched. Nikkei Asia says limits on visas may be a key factor. In fact, requiring visas at all is the key hold up.
It’s hard to know what to make of the changes, but it’s likely that they either represent a very bureaucratic shift in recognition, or the accidental preview of new travel plans to come. If it’s the latter, it might not be long at all.
This Is Still Big News For Travel To Japan
Rumors have been swirling for months now that Japan would eventually take some level of action on border restrictions, particularly as country reopening plans began to accelerate. Asia was the last mover in the global reopening game, but that’s shifted.
Cambodia, Vietnam and Malaysia joined Thailand and Singapore in a series of weeks, adding increased pressure on Japan. When South Korea joined them, the stakes went even higher.
By removing blanketing travel bans on 106 countries, the country has now responded. Albeit, with the most risk averse approach in mind. It might have even been a mistake leak of future plans.
Even though these new restrictions fall far short of test free, visa free travel for tourists like the old days, movement of any kind is significant. These measures pave the way for tourism to be next.
My guess? By September. I certainly wouldn’t mind 48 hours in Osaka, Tokyo or Kyoto at that time of year.
The Japanese public has been supportive of border measures, so this couldn’t have been easy on officials. Recent polls suggested as much as 65% of the Japanese public liked the measures in place. These changes may not be popular domestically, but they could prove to be a key step in reopening international travel.
With the door cracked open, a broad tourism reopening could “soon” follow.
I’ve been living in Japan for multiple decades and while I do think there is some small degree of “xenophobia” in Japan’s covid response, I think the more prominent reason is the Japanese public’s growing frustration with overtourism.
In 2019 there were about 20 million visitors to the country. This led to long lines and huge crowds at popular sites. In Kyoto for example regular citizens couldn’t get into shopping districts because tourists seeking an authentic Japanese experience flooded the streets. A similar situation was occurring in the area around Ueno station in Tokyo.
Before the pandemic, Shinzo Abe’s administration was devising plans to increase tourism and allow for 40 million tourists per year even as regional governors and mayors vociferously complained about the crowds that were already there.
Further people here (like anywhere else in the world) want to be respected. When youtubers and social media influencers like Jake Paul and others show up to do stupid stunts and act disrespectfully it really sours opinions towards foreigners.
The Invisible Tourist has an interesting article on the impacts of overtourism here. I’m not sure how you feel about links, so I will not include one.
Thanks for you article, it was an interesting read.
Andrew, thanks for your thoughtful comments. I’m passionate about the ills of overtourism and creating sustainable approaches that benefit locals, visitors and the environment. Please feel free to share the article, if you like!
Thanks for allowing me to share the article.
It was originally written in 2018 but recently updated.
I want to visit my wife’s relatives asap-havent been there I 4 yrs-sad.
The solution to “overtourism” (which in my opinion is a classist, racist myth, like “overpopulation”) is not to turn the spigot off totally and indefinitely. Also, if the Japanese wanted to live prosperously within foreign tourists, students and workers in their country, they should’ve had more babies…30 years ago.
Been waiting for Japan to open up – US is opened for Japan and they can travel here without any issues. But American cannot travel to Japan?
JAPAN OPEN UP YOUR COUNTRY – so we all can help your economy!
I am a Japanese woman with British passport. I have lived in UK for over 59 years.. I still have my brothers and sisters living in Japan. I used to visit my family every year until Covid lock down. I miss seeing my family. Please open up the country so that I can visit them before I get too old to travel or my family get too old to recognise me. Thank you.
I want to visit for a religious pilgrimage for a good 8-12 weeks so I hope Japan opens up soon so I can book my ticket for summer
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open for more 🙂
got together with some creative gals and couldnt have had a better adventure. cant wait to get together again. stay tuned for upcoming projects from this trip :))
tumblr: @milkand-blackspiders & @madisunflowerr
you already know them.
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Barilla launches family-sized sauce range in Australia
Following three years of significant growth in the pasta sauce category, the world’s largest pasta producer Barilla has launched a new family-sized sauce range specifically for the Australian market.
Barilla is a fourth generation family-owned company, founded in 1877 and based in Parma, Italy. It is the number one pasta brand in the world, employing over 8,000 people worldwide and exporting to more than 100 countries.
Designed to be a convenient Italian meal solution perfect for Australian families, the range includes three new sauces with a fourth set to be released in 2015.
Packaged in a slim-line 575g jar, the three sauces include Cheese & Tomato Pasta Bake, Red Wine & Garlic and a base for Australia’s most popular family dinner, Spaghetti Bolognese.
Barilla Australia Marketing Manager, Carly King, said the new sauces “perfectly complement” the 30 Barilla pasta shapes available in Australia, making delicious Italian favourites quick and easy to prepare for busy families.
“Barilla has more than 135 years experience in developing great products for consumers to enjoy authentic Italian cuisine at home, so we are confident that our new range will hit the mark with Australian families,” Ms King said. “It has already performed brilliantly in our product testing, with 96 per cent saying they would recommend the product and purchase again,” she said.
“Like all Barilla pasta sauces, they are made from all natural ingredients, are gluten free, have no added preservatives and eight to 10 whole Italian tomatoes in each jar,” Ms King said.
The three new products will bring Barilla’s sauce range available in Australia to 13 products.
The Bolognese and Cheese & Tomato Pasta Bake sauces are available in Woolworths and independent grocers ($3.99), and the Red Wine & Garlic sauce at independent grocers ($3.99).
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A few months ago we tried out the Xiaomi Mi Max at the launch of Yes 4G event. Today, Xiaomi Malaysia has announced that the Mi Max is now available in Malaysia.
— Xiaomi Malaysia (@XiaomiMY) September 1, 2016
The Mi Max is the largest ever device from the company featuring a 6.44-inch Full HD display. Malaysia will be getting the Qualcomm Snapdragon 650 variant with 3GB RAM and 32GB expandable storage.
Camera wise, the Mi Max has a 16MP f/2.0 rear camera and 5MP f/2.0 front camera. Xiaomi claims that the Mi Max’s 4,850mAh battery can last 14 hours of video playback.
Pricing wise, the Xiaomi Mi Max is priced at RM999. The device will be available via Telco Partners (Celcom, Yes), official distributor Thorus, and Lazada (Sold & Fulfilled by Lazada) on 3rd September.


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As per previous reports, the Malaysian government has recently embarked on national-level trial for 5G in Cyberjaya and Putrajaya. Soon, members of the public will actually able to learn what the next generation telecommunication network able to do directly from the people involved in it.
To be held in Putrajaya, the Malaysian Communications and Multimedia Commission (MCMC) has announced that the 5G showcase will be opened to the public on 20 and 21 April. It is also being held in conjunction with the 20th anniversary of Communication and Multimedia Act 1998’s implementation.
Among companies that will be involved in the showcase include Celcom, Digi, Ericsson, Huawei, Maxis, Nokia, TM, U Mobile, and ZTE. Additionally, the Malaysia Automotive, Robotics, & IoT Institute, as well as Universiti Teknologi Malaysia will be participating as well.
According to MCMC’s announcement, 8 sectors will be featured at the 5G showcase such as agriculture, automotive, education, healthcare, manufacturing, media and entertainment, public city, and smart city. Naturally, a number of real-life applications will be shown at the showcase too such as autonomous vehicles, holoportation, drones, IoT, remote healthcare, real-time eSports through multiple 4K displays, and many more.
At the moment, MCMC has yet to provide the details on where exactly in Putrajaya the public showcase will take place. We’ll keep you updated once we heard more but do keep a look for further updates on MCMC’s official website.


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A British company is bringing pay-as- you-go solar power to rural communities in a dozen countries in East and West Africa with the help of artificial intelligence. With about 90,000 customers so far, Azuri said its PayGo solar system for communities that are too remote to access a power grid has the widest reach of any such provider in sub-Saharan Africa. Using artificial intelligence, Azuri said it has solved a significant problem with off-grid solar systems. On cloudy days, solar systems may not capture and store enough energy to provide electricity for the entire evening, causing frustration for users who may be watching television, doing homework, keeping a business open in the evening or charging their cell phones for the next day.
In addition to providing batteries and solar panels to customers, Azuri offers artificial intelligence technology that monitors each customer’s usage and slightly reduces electrical output to make sure power is not interrupted if the day’s supply is short. The reduction may dim the lights slightly, but it is barely noticeable, according to Simon Bransfield-Garth, chief executive officer of Azuri.
Power available longer
With this reduction, a battery that might only provide three hours of power at regular levels of output can stretch to four or five. People “want to be able to see at night. They’re less concerned about how bright the light is. They just want to be able to see,” Bransfield-Garth said. So the artificial intelligence technology figures out the customer’s average use then looks at the battery in the evening and adjusts the brightness of the lights so customers are “guaranteed to get that duration of light every night.” “It’s like the engine controller in your car that’s looking after all sorts of things in your engine,” he said.
System works in cloudy climates
So far, Bransfield-Garth said, the system has operated well in a diverse range of climates, from Ghana’s lengthy rainy season to Kenya’s abundant sunshine. “We have made technology that works in countries where there is a lot of sunshine and in countries where it is cloudier,” he said. Azuri’s pay-as- you-go system makes buying the package practical for many who would not be able to afford an up-front payment for the Azuri package. Using mobile payment services to buy credit on a weekly basis, customers typically pay for their equipment in 18 months, the company said.
Lower costs, environmental benefits
Bransfield-Garth noted that off-grid electricity costs in Africa are much higher than power costs in the west. He said burning kerosene costs about $8 per kilowatt-hour compared to U.S. electrical prices of about 15 cents. Azuri’s system frees up those costs to cover the solar payments to individuals who may earn only two or three dollars a day. He said the Azuri system is much cheaper than traditional sources, which can cost as much as 30 percent of the income of poor families. According to Azuri, solar power is an effective and environmentally safe replacement for traditional sources of light, which include burning kerosene or candles or using disposable batteries.
A 2014 study of customers of Azuri’s PayGo system in western Kenya found that users expressed pride that they could provide electricity for their children to study in the evening. They also said they were saving money on charging their phones and saving more than two hours each week to go and buy kerosene. More than 85 percent said they had been able to work more since installing the Azuri system. Studying and phone charging were the most common activities, each cited by about a third of the customers. Other uses included cooking, working and socializing. The company, which is based in Cambridge, has an office in Nairobi and additional staff in five other countries.
Azuri also sells LED lights, mobile-phone chargers and MP3/radio players. The company also plans to offer a small television set with a satellite connection that can run on 10 watts of electricity. Bransfield-Garth noted that installing solar systems in remote areas has a significant social, economic and education impact as people become more connected and more productive. “On average, children spend two hours a day extra on homework when they have solar lights,” he said. “ It’s entirely normal for kids to go from mid-class to top of their class in three months just because they’re doing more studying.”


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Canada's largest chain of movie theatres says it set a record for attendance in the first quarter thanks in part to the continued interest in the "Star Wars" saga and a strong February opening for "Deadpool."
Australian tech entrepreneur Craig Wright identified himself as the creator of controversial digital currency bitcoin on Monday but experts were divided over whether he really was the elusive person who has gone by the name of Satoshi Nakamoto until now.
The Canadian dollar hit the 80-cent US mark today, signalling a remarkable turnaround for the currency this year.
Bombardier received a major boost Thursday from Delta Air Lines, which has placed a firm order for 75 CS100 aircraft with options for an additional 50 more in what would be the largest order for the Montreal company's troubled CSeries passenger jet program.
There is mounting evidence that house prices in a number of Canadian cities - - including Vancouver, Saskatoon and Hamilton -- are out of whack with incomes and other economic fundamentals, according to the latest report from the federal housing agency.
Bank of Canada governor Stephen Poloz says he's optimistic that the striking weaknesses in international trade are not signs of a looming global recession.
Apple Inc. has lost a legal fight with a Chinese company that a Beijing court says is allowed to use the iPhone name on wallets and handbags.
Torstar Corp.'s first-quarter loss soared to $53.5 million as the company recorded extra expenses related to its transition towards more digital media and revenue fell at its traditional newspaper businesses.
Struggling teen apparel retailer Aeropostale Inc filed for Chapter 11 bankruptcy protection on Wednesday, succumbing to years of losses as shoppers moved on to fast-fashion retailers and online competitors.
There's an old adage that clothes make the man, but can they ever make you money?
Pet parents -- those doting cat and dog owners who will shell out big bucks for organic food, doggie daycare or even spa treatments -- are driving a booming industry in Canada.
The Bank of Canada says it now has a list of a dozen women who could be featured on a new banknote.


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Sony has announced that the PS4 has sold 6 million units as of March 2nd. They have also revealed that software sales have hit 13.7 million units which brings the attach rate to 2.3.
This follows their Japanese launch where the system sold 370k units.
“I am absolutely delighted that PS4 is off to such a great start in Japan,” said Andrew House, President and Group CEO of Sony Computer Entertainment Inc.
“The responses we have received for the PS4 system’s integrated social capabilities have been phenomenal, and I couldn’t be more thrilled that gamers are utilizing these unique features to engage, share, play and connect with users around the world. SCE will continue to expand the world of PlayStation by growing its library of breakthrough games and bringing more innovative features and services only possible on PS4.”
Tell us what you think in the comments section below.


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While the UK argues, debates, and amuses itself over the new £10 notes and the replacement of £1 coins, Sweden is going in another direction entirely. It was recently revealed that the country had the lowest number and value of cash transactions anywhere in the world in 2016. Less than 1% of transactions in Sweden now involve cash compared to 7% across the EU and the USA. Increasingly, coffee shops, eateries, and other outlets in Sweden are installing signs in the windows saying that they don’t accept cash transactions. So, will Sweden soon be cashless?
The Swedish Cashless Society is Almost Here
Cashless is not just for the larger transactions – for which cash is seen as a safety risk and an inconvenience. 2016 saw chain stores and other hardware outlets trade in just 20% of transactions made with cash. It might not seem that low, but the most surprising change of all is that just five years previously, the figure was around 40%.
Public transport made the change a few years ago on grounds of safety for drivers and now you can’t take a bus in Sweden’s major cities without having a card to pay for the journey. Safety is a major motivator for those moving away from cash, with homeless people selling charity magazines (much like The Big Issue) taking card payments, along with market stall traders. Due to advanced technology, no minimum spend is required for card transactions.
Cashless doesn’t just mean card payments. Although still in its early stages in the UK, Sweden has taken to mobile payment like ducks to water. The market leader is presently called Swish. It’s supported by all major banks and allows any customer to send payments to anyone just using their mobile phone number and a secure checking system. Curiously, despite this change, around 2/3 of Swedes do not want to abolish physical cash completely.
The Benefits of a Cashless Society
It’s looking increasingly likely that most forms of retail in Sweden will have phased out cash payments completely by 2030, even if coins and notes will not necessarily be abandoned. There are several considerable advantages to the change.
Speed and convenience: Paying by card is fast for customers. Nobody has to count out coins or notes then wait for change and check it when all payments are made by card. Especially now we have contactless payments.
Reduces the chance of robbery: For small eateries, bakeries, and coffee shops that might otherwise carry a lot of cash but have little to no security, there is a much lower chance of being robbed and the safety of employees being put at risk. As mentioned above, bus drivers, homeless people, and market traders all benefit from the switch to card transactions.
Money security: Muggings are not as common as they once were, but should the unfortunate happen any cash taken from your person is gone forever. If a credit or debit card is taken it can be stopped and replaced and any money taken from it returned under the protection rights you have.
Drawbacks of Cashless Society
Of course, there are drawbacks to using cards and mobile phones, few things are risk-free.
Identity theft: Opponents point to the greater opportunity of losing personal details and having it used for nefarious purposes, something that is not possible with cash. However, with adequate security systems and hard to guess passwords most users are secure.
Hacking: Similarly, data that you provide in the form of bioinformatics, passwords, email addresses, and personal data can be hacked by determined people, even with all the safeguards in the world.
Reliability: We’ve all experienced the problems when walking into a supermarket or shop where the server has gone down and all the checkouts state “No Card Payments Today – Cash Only”.


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IMG Fashion says it has confirmed 52 designers, including Calvin Klein, Donna Karan and Michael Kors, to stage stage runway shows on the official schedule for New York fashion week in February, but acknowledged that fewer designers overall will likely show their fall collections on a runway.
The company, which is the official organizer of the twice-yearly event in New York, is still finalizing its lineup for the shows, which are scheduled to take place Feb. 13 to 20, and expects to have the complete list within two weeks, says Fern Mallis, senior vice president of IMG Fashion. At the September New York fashion shows, the IMG schedule listed more than 80 shows on its schedule.
“We’re totally cognizant of how bad business has been,” Ms. Mallis said, adding that she still expects a “full schedule” of shows.
New York’s fashion week has had some big names drop out of the IMG lineup due to the recession in recent weeks, ranging from Vera Wang to Betsey Johnson, who are opting to do small, less-expensive presentations instead of big runway shows for 1,000 attendees at the Bryant Park tent, the event’s official venue. Runway shows generally cost upwards of $100,000 to put on—renting one of the three Bryant Park venues, which seat between 350 to 1,100, costs between $25,000 and $50,000. While this cost includes furniture, lighting, sound systems and services such as security, the label still has costs such as hair, makeup and model fees to add on.
For February, some labels — Tommy Hilfiger and William Rast, co-owned by singer Justin Timberlake, for example — that have not traditionally shown in Bryant Park have stepped in to book the venues that opened up.
Ms. Mallis says she was “completely understanding” of Ms. Wang deciding to stage a presentation in her new SoHo boutique, which opened in December. “She just opened a beautiful big store downtown—she’s going to want to have all these international editors come to the store and the only way that’s going to happen during fashion week is to have the presentation there,” Ms. Mallis says. IMG also expects its registrations to dip slightly as retailers send fewer buyers and media companies send fewer photographers and editors.
IMG has been trying to book a fourth venue specifically for designers seeking to cut costs by having a presentation instead of a runway show this year but has not found one so far, Ms. Mallis says. “We’re trying to be sensitive to the issue o economics,” she says, noting that designers should remember that staging runway shows remain important even in tough times. “People need to know that they’re still in business and they can do that by getting their name out there and making some noise about it.”


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Chevrolet Corvette Stingray production idled this week due to parts shortage – Fox Business
Here are your FOX Business Flash top headlines for March 23.
Chevrolet Corvette Stingray production has been suspended this week amid a supply chain issue.
General Motors’ Bowling Green (Kentucky) Assembly plant ( )
Production of the in-demand sports car at GM’s Bowling Green Assembly plant has been idled several times since it went on sale in 2020 due to various parts shortages.
GM CEO Mary Barra reveals the automakers plan to phase out internal combustion vehicles on ‘The Claman Countdown.’
GM spokesman Dan Flores told Automotive News that the latest downtime is unrelated to the ongoing semiconductor shortage, but he did not specify what the issue was.
Mark Reuss, president of General Motors Company, drives the redesigned mid-engine C8 Corvette, the 2020 Chevrolet Corvette Stingray, in Tustin, California, U.S. July 18, 2019. (Reuters)
None of the automaker’s other U.S. plants are affected, and Bowling Green is expected to resume operations on Monday, March 28.
|GM||GENERAL MOTORS CO.||44.56||+0.95||+2.18%|
Along with the final assembly constraints, Chevrolet has adjusted the options available on the Corvette Stingray several times and is not currently offering it with the computer-controlled Magnetic Selective Ride Control suspension system or rear park assist.
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Even with the constrained output, in 2021 Chevrolet sold over 33,000 Corvette Stingrays, which now start at $62,145, and it remains one of the quickest-selling new cars on the market. A new enhanced performance Corvette Z06 is set to launch later this year with Magnetic Selective Ride Control as a standard feature.


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Netflix now charges to share account or passwords of the streaming profile with other viewers. Sharing accounts on Netflix has made using the streaming service cost-free for some users with features like “Separate Profiles” and “Multiple Viewing” in the Standard and Premium subscription plans.
According to Netflix’s page, sharing Netflix accounts has indeed made streaming movies accessible to almost everyone as a huge population of people has embraced it. But it has also created some sort of problems about when and how Netflix’s accounts can be shared.
Netflix has over 222 million subscribers in a world with nearly 8 billion people. Look around you, make inquiries, almost everyone can boast of a Netflix account. The Maths doesn’t just add up.
“As a result, accounts are being shared between households – impacting our ability to invest in great new TV and films for our members”.
While sharing your Netflix account with friends and family is great; you have to understand that it means more loss than gain for the streaming platform.
Furthermore, due to sharing Netflix passwords, most accounts get hacked and are sold for a very little amount or even given out free. This can also give the hacker or buyer access to your card info or personal info registered to your Netflix account. Thus in some ways, these new charges are really a good thing.
<<<Movies On Netflix – 5 Best Movies to Watch On Netflix Now>>>
How does it Work?
“So for the last year, we’ve been working on ways to enable members who share outside their household to do so easily and securely, while also paying a bit more.”
You can share, but there will be a little fee to your normal subscription charges.
Netflix also said that when a device outside of your location signs into your account time and time again, the owner of the account will be asked to verify that device before it can be used to stream Netflix. This way you won’t be surprised when you get an additional “sharing account” fee.
Netflix Additional Features
Netflix plans to launch two new features associated with the news over the next few weeks in Chile, Costa Rica, and Peru. This feature will be extended to other parts of the world soon.
Add an Extra Member
Standard and premium subscription plan members will be able to add sub-accounts for up to two people outside their location. Unlike before, these subs will have their own profile, unique recommendations, and sign-in details.
Transfer Profile to New Account
Basic, Standard, and Premium users can enable people who share their accounts to transfer their subs profile information to a newly created account. Or the Extra member sub-account like we just talked about in the sub-topic above. Netflix is just making it easier to make users adjust to these new changes.


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On March 16th Disney+ will be updating its parental controls. On the same date, multiple Marvel live-action series will be arriving on Disney’s streaming service. These will be several of the shows that were once on Marvel and also on ABC. The parental control changes and series will come to Disney+ in the United States, Canada, U.K., Ireland, Australia, and New Zealand.
The new shows arriving on Disney+ are Daredevil, Jessica Jones, Luke Cage, Iron Fist, The Defenders, and The Punisher, and Marvel’s Agents of S.H.I.E.L.D. This will give even more Marvel content all in one place for viewers to enjoy. With the arrival of these shows, all Disney+ subscribers will be prompted to update their settings.
“Disney+ has served as the home for some of the most beloved brands in the industry, and the addition of these live-action shows brings more from the Marvel brand together, all in one place,” said Michael Paull, President of Disney Streaming. “We have experienced great success with an expanded content offering on Disney+ across our global markets and are excited to continue that here in the U.S. as well by offering our consumers not only great content with the new Marvel additions, but also a set of features that help ensure a viewing experience most suitable for them and their family.”
These Marvel series will also be coming to all other Disney+ markets later this year. What do you think of them arriving on March 16th in the United States and other markets? What do you think about these new parental controls? Share your thoughts and opinions in the comments below.


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Rising Inflation To Push BoE Into Action?
The British Pound is being tipped to remain supported over the coming weeks amidst signals that the Bank of England is putting into plan a potential interest rate rise in the first half of 2022. The Bank has thus far communicated that it expects the current bout of inflation to be temporary and largely due from bottlenecks in global economic activity caused by the Covid disruptions of 2020.
There was a mixed bag in terms of US data released yesterday. Industrial production for June rose by 0.4%, below the 0.6% consensus, as manufacturing remained constrained, particularly in the autos sector. Meanwhile, initial jobless claims fell to 360k from an upwardly revised 386k the week before.
In level terms, GBP/USD continues to battle below the 1.3850, GBP/EUR has dropped off since the market open and currently trades also below the 1.17 handle with the EUR/USD continuing to trade within a range whilst coming in just shy of the 1.18 mark.
On the docket this morning, US data again dominates an otherwise quiet schedule. Retail sales for June are projected to fall by 0.4% in the month, albeit from elevated levels as the Michigan measure of consumer sentiment is forecast to rise.


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Uzakrota Travel Awards register has started
The registration period is between September 1-30. Each brand can be registered in up to 2 categories. The voting will be held between 03-28 October and the brands that won on Monday, October 31 will be announced on our website. The awards will be given to the winning brands with the party to be organized in Uzakrota Global event on 29 November.


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January 2017 Recall Overview
Volkswagen Recalls 136,000 Cars Over Anti-Lock Brake Issue
Volkswagen Group of America is recalling nearly 136,000 Audi and Volkswagen autos to fix potential problems with their antilock brake systems.
Mercedes-Benz Recalls 48,000 New Models Over Software Glitch
Mercedes-Benz has recalled 47,766 model year 2016 and 2017 vehicles because faulty software might register the front passenger occupant as a child seat and deactivate the air bag.
Mercedes-Benz said it will notify owners, and dealers will update the software, free of charge.
Ford Fusion, Mercury Milan Vehicles Investigated for Brake Issues
Three crashes and more than 140 complaints have prompted a federal investigation into a potentially serious brake issue with Ford Fusion and Mercury Milan cars manufactured between 2007 and 2009.


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Pitango launches smoky fish chowder
Pitango's new Creamy Smoky Fish Chowder
Pitango has released the first of three new soups for winter.
The latest offering from Pitango is a ‘Creamy Smoky Fish Chowder’, made with Hoki fish, potatoes, corn and chowder sauce.
Pitango General Brands Manager, Alan Lindeque, said Pitango wants to offer its customers something a little different this winter.
“Our incredible chefs in the Pitango Kitchen have been working very hard to create a tasty, healthy and fresh chowder that not only is easy to prepare but will be a satisfying meal on its own or with a side,” Lindeque said.
Pitango’s chowder also plays homage to the soup’s English and French heritage.
“Chowder needs to be authentic and delicious, it is a meal that has been around for hundreds of years and perfected over time,” Lindeque said.
“We needed to stay true to the recipe by ensuring our chowder is packed full of fresh fish, veggies and flavour.”
Pitango Creamy Smoky Chowder is available now in supermarkets across Australia. The recommended retail price is AUD $5.99.
- Pitango Soups to launch new winter range at Coles
- Pitango introduces new family sized ‘heat-and-eat’ risotto
Nudie is now selling a variety of new juice and yoghurt flavours in supermarkets and Australia.
Sales in the juice market have dipped sharply over the past decade due to the growing con...
McDonald’s restaurants located in the Australian Capital Territory (Canberra and its surrounds) are ...
Coca-Cola Australia today announces the launch of the first energy drink, Coca-Cola Energy. The ...
In an Australian first, shoppers can now purchase pork jerky at Woolworths and IGA supermarkets.
OPINION: STRONG future earnings prospects from less capital-intensive businesses is what Wesfarmers ...
Mexican fast food chain, Guzman y Gomez, will be opening the first of its drive-thru stores in 2017,...
Food Manufacturing Industry Guide to Safety 2018/19 – Released Consumers are reliant on the food ...


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Malaysia has witnessed a larger number of automakers entering the EV market, giving consumers more choices. And Tesla has taken the lead, having announced on July 20 that its mid-sized Model Y sports utility vehicle is open for booking online in the country. It’s also set to bring the Model 3 sedan into Malaysia.
Other automobile manufacturers have taken similar approaches. Mercedes-Benz strives to have 30 percent of all its vehicles sold in Malaysia electrified by 2030. MARii CEO Azrul Reza Aziz said the market for EVs in Malaysia is set to be liberalized after 2025. He said more locally assembled CKD electric vehicles will arrive in the Malaysian market by 2025. “While the national target for EVs is for the type to comprise 15 percent of total industry volume by 2030, MARii predicts that EVs will reach that percentage even sooner. Based on our projections, we can achieve that target earlier than 2030.”
As such, Malaysia is competing to attract the biggest companies and manufacturers as the EV industry is expected to grow exponentially in the future. Last month, Prime Minister Anwar Ibrahim said EV was a priority for the country while the Malaysian Automotive Association (MAA) declared that Malaysia was on the right path to becoming an EV powerhouse in the region.
The EV sector in Malaysia is growing steadily with government policies. But it will take a massive shift for the country to transition to EVs for the country to become an industry powerhouse in the region. The growing EV sector in Malaysia is a positive reflection of the recent policies set by the government.
Shahrol Halmi, the co-founder of the Malaysia Electric Vehicles Owners Club (MyEVOC), said Tesla’s move made the biggest news on EVs because many are surprised by how affordable it was compared to other brands. “BYD was a hot seller when it was launched earlier this year at RM170,000 but you don’t need to top up much more to get a Tesla model Y while a comparable BMW i4 is substantially higher in price.”
The Malaysian market has seen the likes of Ora, Hyundai, Volvo, Mercedes, Rolls Royce and Neta among others.


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Activision launching exclusive Skylanders figures for McDonald’s Happy Meals
For all you Skylanders SWAP Force players, who happen to enjoy some McDonald’s from time to time, Activision is teaming up wih the fast food chain to launch exclusive Skylanders figurines for Happy Meals.
The exclusive toys will be available from March 28-April 24 in the U.S. and Puerto Rico, and there will be eight figures in total.
The meals will also include coupons for $10 off the Skylanders SWAP Force Starter Pack and an additional $1 off any Skylanders character.
Check out some pictures of the characters that will be available:


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Square Enix just released a new trailer for Final Fantasy XII: The Zodiac Age.
The Zodiac Age is a PS4 remaster of the PS2 classic. This remaster will feature higher resolution character models, a new arranged soundtrack, and a job system that wasn’t in the West before. The Spring 2017 trailer can be watched below:
Final Fantasy XII The Zodiac Age will release on July 13 for PlayStation 4.


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Tesla Inc (Nasdaq:TSLA,) is preparing to withdraw 8,898 model s vehicles in China.
Source: Tesla Motors
According to a report from watchdog of China for quality review of Tesla model s vehicles sold in the country will begin on 28 June 2018. The report States that this review is in conjunction with a big ad in the last month.
Tesla recall in the past month related to the steering in model cars that were made before April 2016. The opinion reported at that time was approximately 123 000 vehicles of model s, according to Reuters.
Tesla model s recall due to excessive corrosion of the bolts in the steering component of the supply. This can result in vehicles becoming increasingly difficult to steer. The company notes that it is not felt while traveling at high speed, but noticeably slower.
The automaker says there’s really nothing no accidents or damage due to corrosion of the steering bolts. He also notes that he saw only in areas where use of calcium or magnesium road salt. Despite this, he is still Recalling the vehicles to replace bolts.
Tesla says it will notify customers when the repair will be ready in its field. It is only expected that the process will take about an hour and will not charge clients anything for the service. He also notes that the opinion does not affect the model 3 and model x vehicles.
At the time of this writing, William white not to take a position in any of the above securities.


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Today, the Danish sportswear brand hummel announces that the company’s climate targets have been validated by the Science Based Initiative (SBTi) – confirming its commitment to reducing its environmental footprint.
Science Based Targets initiative validates hummel’s climate targets
The SBTi has verified hummel’s targets to reduce absolute scope 1 and scope 2 greenhouse gas emissions 60% by 2031 from a 2021 base year. Additionally, the company has committed to reduce scope 3 GHG emission from purchased goods and services by 55% per purchased item within the same timeframe. Hummel has further committed to 33% of its suppliers having science-based targets by 2026.
The science-based targets provide a clearly defined pathway for hummel to reduce its GHG emissions and ensure ongoing advancements in a positive direction.
“We’re proud to have our climate targets validated by SBTi, and we are committed to working with our suppliers and partners to achieve them. The approval is an important step on our sustainability journey and underlines our commitment to creating a better future for ourselves, our customers, and our planet,” says hummel CEO Allan Vad Nielsen.
The Danish sportwear brand now continues the work they initiated several years ago to reduce its CO2 emissions and achieve its newly validated climate targets by SBTi.
This includes further increasing the share of organic and recycled materials, engaging with suppliers on reducing their CO2 emissions, investing in new technology, and nominating freight forwarders which are actively working to reduce their CO2 emissions linked to transportation.
Additionally, hummel intends to evaluate its advancement towards its short-term objective each year and aims to establish more ambitious targets in the future.
“As a global sportswear brand, we play a crucial role in fighting climate change, and we will continue to take action to reduce our environmental impact. Our approach is to track and reduce GHG emissions and progress towards our goals that have been validated by SBTi, which we believe is a prerequisite to continue creating real long-term value for our business, stakeholders, and society,” hummel CEO Allan Vad Nielsen finishes.
Internationally, more than 2,000 companies have had their targets validated by SBTi, and hummel now joins a number of global mega brands such as Ørsted, Vestas, Novo Nordisk, LEGO and Carlsberg.


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With their colourful, customisable wheels and lightweight frames, fixed-gear bikes make a bright addition to the hordes of traditional bikes in Chinese cities. “Fixies” as they are known for short are becoming increasingly popular among cyclists in China, both as a way to keep fit and a fashion accessory.
China was once synonymous with bikes as a means of cheap and easy transport, but the country’s economic boom has led to a massive increase in the number of cars on the roads. Bikes became linked to the image of a poorer past that many Chinese wanted to forget.
In 2010, Ma Nuo, a model and contestant on a popular Chinese dating show famously summed up the sentiment when she said to a potential suitor that she would “rather cry in a BMW car than laugh on the backseat of a bicycle”.
In recent years, however, cycling has enjoyed something of a revival, not just as a cheap and necessary way to get around but as a means of exercise, a way to reduce pollution and a trendy pastime.
Bike culture in China “is about to go crazy on all levels, not just fixed-gear but people riding out to the mountains on bikes and road bikes,” says Shannon Bufton, a cycling promoter in China and co-founder of Smarter than Car. “A few weeks ago in Beijing we had a vintage ride where people were riding high-seat vintage bikes in British tweed and also in Chinese traditional dress. From all aspects of cycling, things are really moving here.”
Fixed-gear bikes, which just have one gear and no freewheel mechanism, have played an important role in this revival, becoming a popular fashion accessory and inspiring a culture and community of “fixie” enthusiasts.
Bufton says interest in these bikes has been growing for three or four years. "There has been a fixed-gear boom in China, mainly in Beijing and Shanghai, but now it is also moving into the third and fourth tier cities. New fixed-gear ranges and new fixed-gear clubs are emerging all over China.”
Recent reports in the Chinese media have pointed to a possible ban on fixed-gear bikes in some areas, however. In Fujian province, newspapers reported that students would be barred from riding such bikes to school after a young girl died in an accident involving a fixed-gear bike with no brake. There were also online rumours of a crack-down on fixed-gear bikes in Beijing, though these seem to be unfounded.
Some users of the Chinese social media platform Sina Weibo reacted negatively to talk of a potential ban. “This is a lively cycling culture that a group of young people helped to re-emerge in the cities. The traffic police should encourage and guide it. Riding bikes as a green activity helps carbon reduction,” said one user.
There also seems to be some confusion about whether fixed-gear bikes usually have brakes or not. Jeff Liu, one of the founders of Factory Five, a fixed-gear bicycle shop in Shanghai, explained that “the only thing that separates the fixed-gear bike from a traditional bike is the gearing. The idea that fixed-gear bikes don’t have brakes is taken from track racing.”
Bikes without brakes of course have their dangers – but by no means account for all fixies. Liu says it “feels pretty irresponsible” for a shop to sell a fixed-gear bike without a brake to a teenager. “We definitely won’t sell you a bike without a brake unless you have been cycling for a long time. Or if you are buying a bike from us for track use,” he says.
Even if there was to be some sort of ban on fixed-gear bikes, “it is just going to make them more popular,” believes Bufton. He doesn’t think it would have an impact on the increasing popularity of cycling in general in China either. “There is an emerging bike culture across all different forms [of cycling]. It’s very diverse in China. You have older people who are getting out on mountain bikes. Then you have school kids who are starting to discover road bikes who go out and explore the suburbs of Beijing on the weekend.
"There is a whole diverse range of people who are into cycling and fixed-gear is just one of those diverse parts of the culture,” he says.
Bikes for the hip – and rich
In Shanghai, the flatness of the city makes it an ideal location for fixed-gear cycling. It’s also a city with a strong sense of fashion and fixed-gear bikes have become popular among hip young professionals “because people can customise the bike for themselves and they like to design it for themselves,” says Liu. But a one-of-a kind bike does not come cheap: prices at Factory Five begin at 5,000 yuan (US$815).
While at first sight the Shanghai traffic might not look the most welcoming for cyclists, Liu says he “feels safer cycling here” than in the United States. “There are dedicated bike lanes. There is a method to the madness, even though drivers come really close to you and don’t give you that much space, they know you are there.”


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SBP, SCCI to oranise ‘Finance Mela on 15th’
SIALKOT: State Bank of Pakistan and Sialkot Chamber of Commerce and Industry (SCCI) will organise “SME Finance Mela 2015” on December 15 this year.
According to a media release issued on Saturday, the basic objective of the event is to create awareness amongst the SMEs regarding available products and services offered by banks and financial institutions in order to cater to their business financial needs leading to their growth and strengthening economy. Visitors from all spheres of life from students, micro, small and medium entrepreneurs can directly benefit from the event as all the service providers would be available under one roof who could benefit from this event.
SBP BSC Sialkot, Sialkot Chamber of Commerce and Industry, Small and Medium Enterprise Development Authority Trade Development Authority of Pakistan, Technical Education and Vocational Training Authority, Sialkot Dry port trust, Small and Medium Enterprises, Child and Social Development Organisation, Trade Bodies, Surgical Instruments Manufacturers Association of Pakistan, Pakistan Gloves Manufactures and Exporters Association, Pakistan Readymade Garments Manufactures and Exporters Association, Pakistan Sports Goods Manufacturers and Exporters Association, Pakistan Hosiery Manufactures and Exporters Association, Pakistan Leather Garments Manufacturers and Exporters Association and commercial bank will participate in SME Finance Mela.


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(RTTNews) - Electric car major Tesla Motors has entered into the Indian automobile market by incorporating its registered office under the name "Tesla India Motors and Energy Pvt. Ltd." in the southern city of Bengaluru in the state of Karnataka.
According to a Registrar of Companies (RoC) filing, the new entity is registered as a "subsidiary of foreign company." The filing also shows its office registered in Lavelle Road with an authorized capital of INR 15 lakhs and a paid-up capital of INR 1 lakh.
Ahead of the official launch of the company, the car maker also has named three directors for the newly formed Indian entity - Vaibhav Taneja, Venkatrangam Sreeram and David Jon Feinstein.
One of the directors Feinstein is Global Senior Director, Trade Market Access at Tesla and is currently based out of California. Taneja is a Chief Accounting Officer at Tesla, while Sreeram is associated as a director with another two companies.
This move by Tesla comes at a time when the Indian and state governments are focused on reducing carbon footprint by encouraging adoption of green technology.
Operations in India could initially begin with sales and later move on to assembly and manufacturing in the country, based on the response to its cars, reports stated. Tesla is also reportedly looking to open a research and development (R&D) centre in Bengaluru.
Recent reports indicated that the first model to be launched in India will be the Tesla Model 3 midsize luxury sedan, for which booking likely to start in a few weeks. The Model 3, the most affordable of Tesla's three vehicles, was launched in the international markets way back in 2017.
Earlier, the Economic Times reported that Tesla's sales in India will happen only in the second half of 2021. Completely built units will be be imported into the country and are likely to be priced from INR 55 lakh onwards.
Union road transport and highways minister of India Nitin Gadkari had revealed in late December that Tesla was looking to begin operations in India in early 2021.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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Easyjet reported a decline in profits and revenue per passenger for the full year despite flying more people and trimmed expansion plans for next year.
The airline blamed Brexit uncertainty and industry-wide issues in the fourth quarter such as summer storms and disruption at Gatwick airport.
Pre-tax profit fell 26pc to £427m for the 12 months to September, while average revenue per passenger sank by a fifth to £66.47. However, total revenue increased by 8.3pc to almost £6.4bn.
The airline also confirmed the launch of a package holiday business before Christmas to more than 100 destinations.
The decision follows the collapse of travel giant Thomas Cook in September and problems for rivals...
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With the launch of the Mate 50 series, Huawei introduced the world’s first smartphone with satellite communication features. The feature is a whole new technology, which is followed by Apple in iPhone 14 series.
In simple terms, Huawei satellite communication allows you to send emergency SMS to a receiver with a satellite orbiting Earth. However, this technology doesn’t require a mobile network and helps you to communicate as an SOS via Satellite. For your information, Huawei Mate 50 series uses China’s Beidou satellite to pass messages to the receiver.
According to the information, the current generation of Huawei satellite communication only supports one-way messages. It means a user can only send messages and won’t receive them. This is good as an initial approach but there are some improvements being made for the next generation.
Past inputs reveal that Huawei is working on two-way communication, which will allow you to send and receive messages. We are also expecting Huawei to improve the latency of the smartphone’s connection for fast messaging.
On the other hand, the second feature may enable sending a short voice message from one person to another. Initially, short voice messages could adapt to one-way protocol but we require more information.
For now, Huawei has not made any official announcement on this new feature but there’s a lot to know. But Huawei’s new foldable phone, Mate X3 could be the one to bring two-way communication. Then it’ll be followed into the P60 series. Later on, Huawei could add an additional functionality to the Mate 60 series.


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I’ve seen several comments and posts recently suggesting that iPhone is just another boring story.
I believe an historic day passed us by last week. Sure, Apple opening up the iPhone App Store received some press, but I haven’t yet read anything that really “gets” the significance of this event. There’s all kinds of moaning and groaning about the quality of apps, the price etc. and while there may be truth to these gripes, the fact most people are missing is that, unless Apple screws it up in some big way, the world changed last week.
I consider it as potentially significant as the effect the introduction of WWW and Mosaic had on the Internet. Last week, Apple changed everything about the mobile phone ecosystem and I don’t think very many people noticed – yet. That world will never be the same, just like the Internet was never the same after HTTP.
The other players, whether device makers or carriers, are not even on the same planet – it seems like they aren’t even aware of the situation. They aren’t even asking the right question, to say nothing of having the right answer. There are hundreds of millions of mobile phones with Java on them – and nobody knows it. Most people have no idea how to buy anything for their phone beyond ringtones (if they even know how to do that). Their phones probably have the capability to run apps – but there is no place to get them. Well, or say in the case of Symbian phones, there are too many places to get them.
Apple is changing all that with the iPhone store. And gripe all you want about the warts of the current apps or the prices or whatever, all that mises the point. Ordinary people now know how to obtain apps (free or otherwise), how to install them – perhaps more significantly, the entire idea of adding apps to a phone is now “normal” – it’s now part of the collective consciousness.
And developers have a place to put them, not “yet another place”, but the place, the one and only place. I always said iPhone was about iTunes from the start.
Of course this is about distribution and execution – Apple has the right capabilities to create this “perfect storm”. Unlike carriers, Apple knows how to build and manage software and services (can you say iTunes?). Unlike other device makers, Apple has their own distribution and marketing – they don’t need to rely on the carriers to market their device.
The future of Mobile is now Apple’s to lose and the rest of the mobile space better be worried.


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The Indian government on the occasion of 71st Republic Day on Sunday (January 26) honoured Padma Awards to 11 industrialists and social entrepreneurs out of 118 eminent personalities across fields of art, trade and industry, literature and education, sports, entertainment, public affairs, and social work among others.
Info Edge founder Sanjeev Bikchandani, Mahindra Group chairman Anand Mahindra, TVS Group chairman Venu Srinivasan were among the names to be awarded Padma Awards for their contribution to the field of trade and industry. The list also included other prominent industry leaders Fairfax Financial Holdings founder and chairman Prem Watsa, transport giant VRL Group chairman Vijay Sankeshwar, and Tally Solutions MD Bharat Goenka among 11 awardees in the category of trade and industry.
In a Twitter post, Bikhchandani shared his excitement on receiving the honour. Bikhchandani is the founder of Info Edge, and runs multiple internet businesses like Naukri.com, Jeevansathi.com, Shiksha.com and 99acres.com others. Info Edge has invested in startups such as Ustraa, Shopkirana, Zomato, Policybazaar among others. In his Twitter post, the entrepreneur said that he is proud to represent the startup community on the list.
Honoured and privileged to find my name in the Padma Shri list.
While I have been given this award the truth is I owe it to the joint efforts and support of so many other people – colleagues, friends and family.
Proud to represent the start up entrepreneur community in this list
— Sanjeev Bikhchandani (@sbikh) January 25, 2020
Prime Minister Narendra Modi shared the list of Padma awards on Twitter. In the post, he congratulated all the awardees and lauded their “exceptional contribution to the society, nation and humanity.”
Replying to PM Modi’s tweet, Mahindra humbly gave the credit to his entire team.
Sir, 🙏🏽🙏🏽🙏🏽 for recognising our Rise philosophy—trying to do well AND do good. And there’s an old saying: If you see a turtle on top of a fence, you know for sure it didn’t get there on its own! I stand on the shoulders of all Mahindraites. I will convey your compliments to them! https://t.co/VzckGJGEzE
— anand mahindra (@anandmahindra) January 25, 2020
In addition to this, the awardees in the trade and industry included Symphony Technology Group founder and chairman Romesh T. Wadhwani; Surya Roshni chairman Jai Prakash Agarwal, Bilakhia Holdings chairman Gafurbhai M. Bilakhia, Rimo Expeditions founder Chewang Motup Goba, and Prestige Group chairman Nemnath Jain.
Earlier this month, PM Modi met industry leaders to discuss ways to propel India’s economic growth amid the slowdown, nationwide unrest and rising poverty statistics. At the meeting, he had met Mahindra and Srinivasan to discuss ways to enhance the business ecosystem in India.
The meeting was also attended by other business honchos like Reliance Industries Limited chairman Mukesh Ambani, Tata Group chairman emeritus Ratan Tata, Bharti Airtel chairman Sunil Bharti Mittal, Adani Group chairman Gautam Adani among others to discuss the state of the Indian economy and the need to create more job opportunities.


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Reggae/dancehall artiste, Emmanuel Andrews Samini, popularly known in the music industry as Samini, says he needs a license to grow and export marijuana [wee] which could earn the country more revenue than other cash crops.
Samini says ‘wee’ could be sold to the pharmaceutical industries in and outside the country for the production of their various medicines.
Speaking on Okay FM during the week, he said: “I want a license to grow the ‘weed’ and sell to the industries so they could used to produce their various drugs and every other thing important apart from smoking.”
Responding to the question whether he went into farming to grow ‘weed,’ the My Own hit maker said: “I’m a farmer, so if I get the license, I’ll grow the ‘weed’ and supply to the medical industry, to the oil industry,…….you know, different, different industries that use marijuana as raw material or as base for what they produce.”
According to him, the ban of the use of marijuana should not be based on smoking only, since there are several other benefits of the plant.
“So you can ban the smoking of it in town, in public; and use of it as a recreational drug, you can ban. But, you should allow farmers to grow it because every country in the world has something the soil can grow,” Samini stated.
He said though we grow cocoa in the country, marijuana could be grown to supplement cocoa and the other cash crops for extra revenue for the country.
Samini has a number of hit songs to his credit including Linda, Movement, Obaa, Do That, Ye Ko Paapi and the latest My Own.


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Rough Year for PacTel / Baby Bell deals with competition, spin-off
Published 4:00 am, Wednesday, December 6, 1995
Tracking Pacific Telesis historically has been about as exciting as watching the Weather Channel. But a review of this year's performance reads more like an episode of "Melrose Place."
AT&T, MCI and Sprint muscled in on PacTel's local phone market, unexpected financial pressures forced the company to scale back its $16 billion "information superhighway" project, and the catalyst of its interactive TV venture, Hollywood deal- maker Michael Ovitz, abruptly departed for Walt Disney Co.
Since spinning off its high- growth cellular business on April Fool's Day 1994, the smallest of the seven Baby Bells is getting smaller -- at least in the near term.
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PacTel's earnings this year will fall by 10 percent from 1994 because of disappointing revenue levels, and a plan to cut 10,000 jobs through 1997 is in full swing.
In addition, the San Francisco company's stock largely has stagnated since spinning off AirTouch. PacTel's stock fell in May after the lower profit forecast, and its growth still lags other Baby Bells despite rebounding to 31 7/8 as of yesterday (see chart).
What got PacTel into this predicament?
New competition and regulatory setbacks, the company argues. Last month an administrative law judge for the California Public Utilities Commission proposed turning down the company's efforts to eliminate a 1990 rate-reduction program.
The commission also miscalculated how much revenue PacTel would lose from local-toll competition when drafting the rule-making, the company charges. "We've had some real disappointments on the regulatory front," said PacTel chief executive Phil Quigley.
But some analysts maintain that PacTel should blame itself, not regulators, for its problems. They contend the corporate spinoff has weakened the company's finances and that shareholders, not ratepayers, must shoulder the burden.
As previously reported, critics allege that shedding AirTouch has cut into PacTel's cash flow just when it must weather new competition. They also complain that PacTel was left without an established high-growth cellular business, and its former officers, such as CEO Sam Ginn, jumped ship with millions of dollars in stock options and restricted stock. The hard-charging Ginn now runs AirTouch.
AirTouch is growing like gangbusters, but its plan to expand in satellite and long- distance has run into opposition from the Justice Department.
Kathleen O'Reilly, a lawyer for the consumer group TURN, jokes that PacTel could be getting a case of "seller's remorse" since spinning off AirTouch. "The spin-off decision has had an adverse affect on Pacific's financial status as recognized by Wall Street," O'Reilly said.
But the company cannot depend on rate increases or a change in price caps to help make up the shortfall, the commission warned when it approved the deal, she said. Some studies conducted prior to the move predicted this dilemma, O'Reilly added.
TURN charged that ratepayers were owed at least $1 billion from the spin-off because they helped foot the bill for cellular technology, but the commission disagreed.
PacTel and AirTouch still support the breakup. They point to a higher combined stock price for "PAC" and "ATI" -- 39 1/2 when a study of the spin-off was announced in April 1992, 57 5/8 a day before AirTouch's IPO in December 1993, and 60 as of yesterday. (PacTel's former shareholders received one share in each company as a result of the spin-off.)
"It was a terrific idea for stockholders," said Forbes Tuttle, an analyst with the Spin Off Report in New York. Since then, AT&T, Sprint and US West have followed suit with similar plans -- a sign that the breakup is a success, not a failure, noted Ginn, who was an architect of the deal.
PacTel points to the pressures of competition. One graphic example: a competitor, Teleport, now runs its phone lines through PacTel's lobby for other tenants to use.
As for the rate cap, Commissioner Daniel Fessler has criticized the administrative law judge's proposal. He intends to release his own plan today.
In the meantime, PacTel is pressing ahead with its "California First" expansion strategy. When asked to rattle off the year's highlights, Quigley joked: "What can you think of?"
In fact, Quigley and Wall Street analysts ticked off some major accomplishments. The biggest: PacTel's dividend payout remains at 54.5 cents per share quarterly with no cut planned.
Despite financial pressures and recent dividend increases at US West and others, PacTel's stock yields 7.1 percent -- the highest of any Baby Bell.
Pacific Bell, PacTel's main business, also averted a strike threat by 34,000 workers in August. The company agreed to a three-year labor pact with the Communications Workers of America, including a 10.5 percent wage increase over three years, and a new voluntary early retirement option.
With the new contract, "we do not have discord or labor unrest," said Pac Bell chief executive David Dorman, recruited last year from Sprint to help shake up the company's monopoly mind-set. (Dorman has met some opposition, however, such as some workers who objected to a revamped employee-evaluation proposal.)
For Pac Bell, with $9.7 billion in annual sales, its success in jumping on the "information superhighway" has been debatable. In September the company cut back plans to lay a fiber-optic network to carry TV programming, saving $1 billion.
But to its credit PacTel has found a cheaper technology to make up for the shortfall. Known as wireless cable, the technology allows companies to beam TV programs to home satellite dishes at about the same cost as cable
PacTel also wants to play on the Internet. It announced plans to offer consumers and businesses access to the Internet using high-speed ISDN (integrated services digital network). "We did it in the nick of time," Dorman noted.
Last month Pac Bell also struck a deal with a Nebraska communications firm, MFS, to share its local phone network -- a breakthrough in testing competition on its own terms.
In March Pac Bell paid $695.7 million for "personal communications services" licenses in California. The service, being built from scratch, allows you to talk and receive messages on a hand- held unit. Some analysts charge that Pac Bell paid too much; the company denies that.
But it still faces stiff competition, especially from AirTouch, its former partner. "The competitive risks are going to accelerate," said Richard Klugman, analyst for PaineWebber in New York.
Next year won't be any easier for PacTel. The company will face more intense competition in the $3.4 billion local phone market from AT&T, MCI and Sprint. It still hasn't received federal approval to get into the long- distance business, and it has to get cellular and cable TV businesses up and running. For an industry whose motto has been "walk don't run," PacTel's performance will be closely watched.


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Rio opens portal for local suppliers
Some 250 business representatives attended information sessions about Rio Tinto’s new local procurement program, held in Dampier last week.
The procurement program, announced in May, formally began last Tuesday with the launch of an online portal advertising Rio supply contracts for which Pilbara businesses will be preferred, providing they have the capability.
It will operate on a tiered system, with Pilbara Aboriginal-run businesses and general small businesses given preference over State, then national businesses, as long as all necessary criteria are met.
Further information sessions are scheduled for Tom Price and Perth this week.
Rio Tinto general manager for procurement Braam Uys said the turn towards more local suppliers had come about from Rio’s changing business model in the Pilbara.
“We need to continue to evolve ourselves to be efficient in what we do,” he said.
“Because we’ve gotten out of construction and the boom, we’re now into optimising what we have, and part of (that) is to optimise our local supply base. So it’s a natural evolution of where we are.”
Mr Uys said the program was designed to be ongoing and sustainable, and he expected the number of opportunities to expand “exponentially”.
“If you look at the scope of the projects, the number of 36 (projects available so far), that should be bouncing towards 200 by the end of the year, because this is just the beginning,” he said.
Representatives from Rio’s major Pilbara suppliers Sodexo and Monadelphous also spoke at the event.
Sodexo coastal operations manager Luke Lilburn said his company and Monadelphous, as Rio’s major suppliers, were on the same page and looking forward to working together to promote local work.
Karratha and Districts Chamber of Commerce and Industry will support the program by acting as a link between Rio and its major suppliers and potential local contractors the wider Karratha area.
Chief executive John Lally said the program marked a shift in thinking towards more local work, and described it as a “win-win” for Pilbara-based businesses and major mining companies alike.
Mr Lally said the online portal provided a “level playing field” which businesses of all sizes could easily access.
For more information or to access the online portal, go to ironoresupplier.riotinto.com.
Sodexo's Luke Lilburn, Monadelphous' Daniel Kennedy and Luke Scobie and Rio Tinto's Braam Uys and Jamie Robinson at the local procurement program information session in Dampier last week.


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APW President to showcase INNOVATIVE IT/Networking enclosure solutions at GITEX 2011 (9 -13 October 2011)
APW President to showcase INNOVATIVE IT/Networking enclosure solutions at GITEX 2011
APW President a pioneer and domain expert in the IT networking and Telecom business segment is now part of Schneider Electric IT Business. Schneider Electric, a global company with worldwide operations in more than 100 countries.
“Yet another year of participation at GITEX!! This time, we are proud to be present as an integral part of Schneider Electric, a company which is well known for its unique vision, progressive management and above all, its exemplary quality,” says Pramod Agashe, Managing Director.
At GITEX 2011, APW President will be showcasing a range of best-in-class innovative solutions for integrated data center infrastructure management. The Datacenter and Networking solutions on display include the IMPress networking closet, SmartRack and the Flexibox combined with APC by Schneider range of world-class solutions.
Witness best in class products and solutions from APW President at GITEX
APW President to showcase, IMPress a highly engineered and feature-rich enclosure solution, a result of many years experience in the industry and understanding Data Center customers future requirements and needs.
Ideal for data centers where high density cabling needs to be structured managed effectively. IMPress features the path–breaking “IMPress Cabling Closet” an extensive cable management facility for orderly and safe routing and management of cable bunches.
APW President is also showcasing a new improved version of its popular IMRACK 700 design enclosure, now to roll out under a new brand name “SmartRack”. New added features include increased load bearing capacity, enhanced access control options, multi-vendor PDU installation capability and good aesthetic looks.
“Flexibox” is a unique Wall-mount cabinet which can be shipped in complete knock down (CKD) packaging, best suited for LAN/WAN networking application. CKD packaging provides substantial benefits to customers by saving huge storage and logistics costs during project execution.


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Internet Privacy to be Examined by Commerce Department
Mr. Locke explained that the motivation for this initiative is “[b]ecause of the vital role the Internet plays in driving innovation throughout the economy, the Department has made it a top priority to ensure that the Internet remains open for innovation while promoting an environment respectful of individual privacy expectations.”
Further, the Commerce Department is seeking public comment from all Internet stakeholders through a Notice of Inquiry (NOI) published in the Federal Register. One question the Department seeks to answer is “whether current privacy laws serve consumer interests and fundamental democratic values.”
Please contact me about offering insight on this topic or joining in the submission of a comment pursuant to the NOI. Your suggestions would be greatly appreciated. Thanks.