text:
Welcome to your five-minute recap of the trading day, and how the experts saw it.
The Australian share market has finished the month on a strong note, rallying into the close and finishing strongly.
The benchmark S&P/ASX200 index on Thursday was slightly lower all morning but closed up 51.6 points, or 0.74 per cent, to 7087.3, as all sectors except energy and utilities companies advanced.
Insurance Australia Group recorded the strongest gains among large-cap stocks, lifting by 3.1 per cent as shares in insurance companies rebound. Suncorp was also among the greatest advancers, lifting 2.5 per cent.
Meanwhile, plumbing supplier Reece was up 2.7 per cent, while building materials maker James Hardie Industries and fertiliser and explosives company Incitec Pivot both climbed 2.5 per cent.
On a sector level, industrials were the best performers on the local bourse on Thursday, lifting 1.4 per cent. Transurban Group was up 1 per cent, Brambles rose 2.1 per cent, Computershare finished 1.4 per cent higher, and Qantas advanced 1.9 per cent.
The financials sector also performed strongly, up 1.2 per cent. Commonwealth Bank rallied 1.3 per cent, National Australia Bank was up 1.1 per cent, ANZ lifted 0.8 per cent and Westpac rose 1 per cent.
Iron ore heavyweights BHP, Fortescue and Rio Tinto all finished in the green, rising 0.2 per cent, 0.9 per cent and 0.4 per cent, respectively.
Utilities were the worst performers on the ASX in Thursday’s session, led by declines in Origin Energy (down 1.9 per cent) after the company’s board knocked back its North American suitors’ last-minute Plan B proposal for a takeover, saying it would “not adequately compensate” investors.
If shareholders rejected its original $20 billion offer, the consortium wants them to approve a transaction that would see it buying Origin’s energy markets business – including the Octopus retailer in Europe – for $12.3 billion, while its bidding partner EIG would launch an off-market takeover bid to gain control of 50.1 per cent of Origin. The energy giant’s board this morning dismissed the Plan B offer as “incomplete, complex and highly conditional”.
Power giant AGL fell 2.7 per cent, Meridian Energy was down 0.4 per cent and NZ electricity generator Mercury declined 2.6 per cent.
In baby formula news, Bubs Australia dropped 4.2 per cent after it issued 112,000 new shares. The company had announced a $28 million capital raising to grow its business in the US.
Wesfarmers, the operator of Bunnings, Kmart, Target and Officeworks, announced the acquisition of skin care clinics operator SILK Laser Australia to “build a leading medical aesthetics operator in Australia and New Zealand”. The move didn’t appear to impress investors much, though: The conglomerate’s share price slipped 0.1 per cent.
Sage Capital managing director Sean Fenton said the market was relatively quiet on the last day of the month.
“The [gains] were mostly driven by bond and currency markets,” he said. “The weaker US dollar helped give a little bit of lift to a few stocks – some of the more bond-sensitive stocks – but to be honest, there’s not that much going on.”
Brent crude rose 1.2 per cent to $US82.67 a barrel while iron ore lifted 0.7 per cent to $US128.20 a tonne. The Australian dollar was up 0.3 per cent at 66.39 US cents as of 4.56pm.
Overnight on Wall Street, the S&P 500 gave up an early gain and closed down 0.1 per cent. The Nasdaq composite fell 0.2 per cent and the Dow eked out a gain of less than 0.1 per cent.
Facebook parent company Meta fell 2 per cent and Google’s parent company Alphabet gave up 1.6 per cent.
General Motors surged 9.4 per cent. The carmaker announced a big stock buyback, raised its dividend and told investors it won’t have any trouble absorbing the costs of its new labour contract. The stock is still down 6.1 per cent for the year, while the S&P 500 is up more than 18 per cent.
GM and its rivals agreed to new contracts with the United Auto Workers and Canadian auto workers in late October following strikes that lasted more than a month.
Ford rose 2.1 per cent and Jeep maker Stellantis rose 5.1 per cent.
Treasury yields fell, taking more pressure off stocks. The yield on the 10-year Treasury, which influences mortgage rates, slipped to 4.28 per cent from 4.33 per cent. The yield on the 2-year Treasury fell sharply to 4.68 per cent from 4.75 per cent.
Wall Street also received an encouraging economic update. The US economy grew at a brisk 5.2 per cent annual pace from July through September, the government reported Wednesday, an upgrade from its previous estimate of 4.9 per cent.
The revision helps give more credence to the argument that a recession was always unlikely in 2023, said Jamie Cox, managing partner for Harris Financial Group. Fears about a recession have been waning throughout the year amid strong economic reports and consumer spending.
“Below the surface though, you’re starting to see some cracks in the data,” he said. “Consumer spending having a negative impact on GDP is an unusual circumstance.”
Consumer spending, the lifeblood of the economy, rose at a 3.6 per cent annual rate from July through September. That’s still healthy, but a downgrade from the previous estimate of 4 per cent.
The report follows an encouraging survey on consumer confidence released on Tuesday.
The broader US economy has remained resilient partly because of strong consumer spending, despite lingering pressure from inflation. Wall Street will be closely watching retailers as they move through the important holiday shopping season. A record 200.4 million consumers shopped online and in stores over the holiday weekend, according to the National Retail Federation.
Sneaker and athletic apparel retailer Foot Locker rose 16.1 per cent after reporting strong third-quarter earnings and giving investors an encouraging update on its financial forecast. Several other big retailers also gained ground. Nike rose 1.5 per cent and Lululemon Athletica rose 2.5 per cent.
Investors will get another key economic update on Thursday when the government releases its October data on the Federal Reserve’s preferred measure of inflation. Economists expect that measure to continue easing, as it has been since the middle of 2022. The Federal Reserve will meet again in December to update its interest rate policy.
Wall Street expects the Fed to keep its benchmark interest rate steady and is betting that it is finished hiking rates, which remain at their highest levels in two decades. The central bank has said it will base future rate decisions on the latest economic data, though recent statements from officials have boosted hopes that the most aggressive round of rate hikes is at an end.
Tweet of the day
Quote of the day
”A profiteering private equity fund, looking to buy assets cheaply, using all sorts of corporate finance trickery, other people’s money, every lurk in tax minimisation, then punting assets the country needs back to investors, but at a higher price” is how former prime minister Paul Keating described North American consortium Brookfield and EIG’s battle to take over Origin Energy in an opinion piece in the Australian Financial Review.
You may have missed
Stage 3 tax cuts will add to inflation, forcing the Reserve Bank to lift interest rates further next year, and the government should either scrap or drastically change the tax plan, economists have warned.
The Market Recap newsletter is a wrap of the day’s trading. Get it each weekday afternoon.


text:
Jogging Stroller Recall Issued After 200+ Injuries Caused by Front Wheel Problems
Nearly 220,000 single and double occupant jogging strollers are being recalled, after the manufacturer received more than 200 reports of injuries that may be linked to the front wheel loosening or detaching, potentially causing the strollers to tip over suddenly.
The Instep and Schwinn jogging strollers recall was announced by the U.S. Consumer Product Safety Commission (CPSC) on July 7, following reports problems with the front wheel. To date, 215 fall and tip-over injuries have been reported as a result of the wheels loosening or detaching.
Reports of head injuries, sprains, lacerations, bumps, bruises and abrasions have all been reportedly sustained by both the children occupants and the controlling jogger or walker.
Did You Know?
Millions of Philips CPAP Machines Recalled
Philips DreamStation, CPAP and BiPAP machines sold in recent years may pose a risk of cancer, lung damage and other injuries.Learn More
The swivel wheel jogging strollers are designed with two rear wheels and one front wheel, and have larger and wider than usual wheels to sustain bumps so caretakers can jog behind the strollers with the children settled in the stroller seats. However, the recalled strollers may carry an unreasonable risk of tipping-over and pose a fall hazard if the front wheel quick-release locking mechanism becomes undone, causing the wheel to become unstable, wobble, or fall off during use.
The recall includes single and double occupant swivel wheel jogging strollers sold under the brand names Instep Safari, Instep Grand Safari, Instep Flight, Schwinn Turismo, Schwinn Discover Single and Double Occupant Swivel.
All of the recalled strollers are equipped with the quick-release mechanism for detaching the front wheel. The recalled single and double occupancy strollers were sold in a variety of colors and have the model number located on the inside of the metal frame above the rear right wheel. For a full list of the recalled models please visit the recall announcement.
The jogging strollers were manufactured in China under Lerado (Zhongshan) Industrial Co. Ltd and imported by Pacific Cycle Inc., of Madison, Wisconsin where they were sold at small retailers nationwide and online at Amazon.com, Target.com, Toys-R-Us.com, Walmart.com and various other online retailers from January 2010 through June 2016 for between $130 and $350.
Pacific Cycle stated in the recall they would be offering a free repair kit consisting of a replacement mechanism for securing the front wheel that uses a threaded screw on/off method rather than the quick release lever. Customers may visit www.pacific-cycle.com/safety-notices-recalls/ for a tutorial on how to install the repair kit.
Customers are being asked to stop using the jogging strollers immediately and contact Pacific Cycle at 877-564-2261 or visit them online at www.pacific-cycle.com, www.instep.net, or www.schwinnbikes.com and navigate to the “Safety Notices & Recalls” link for information on how to obtain a free repair kit to secure the front wheel.
Get more articles like this sent directly to your inbox.
"*" indicates required fields
More Top Stories
The U.S. JPML has ordered all baby food toxic metal lawsuits consolidated before one federal judge in Northern California for pretrial proceedings over claims of autism and ADHD injuries.
Uber has announced new safety features to protect passengers from driver sexual assaults, as it continues to face lawsuits from users of the app who say the lack of such features contributed to their attacks.
A U.S. Judge has pushed back Covidien hernia mesh bellwether trials after plaintiffs discovered Covidien had failed to turn over numerous key documents.

domain: news


text:
For Honor has been one of my most highly anticipated releases for the next year. The game looks great, and plays well. I got to try it out once again during the recent closed alpha and came away just as impressed as always. While the game is shaping up to be a great release, it looks like split-screen support, one of the key features that the developer promised back when it was first announced, has been cut.
The announcement was made in a new video released that talks mainly about the recently concluded closed alpha, via IGN. In it For Honor Producer Stephane Cardin goes over what the team learned from the event, but also breaks the unfortunate news.
“We decided this week to cut the split-screen. It was a feature that we loved, but, when we looked at what needs to be done to support online co-op, for us it was critical to make a decision now so we can polish all the features at the AAA level and make sure that we have the most amazing experience.”
Online co-op is still in the game, just without the ability to play with someone sitting on the same couch, playing on the same console. Previously the team had promised split-screen support in all modes, saying “this is a game about fighting with weapons, split-screen [is] absolutely a key feature for us…You want sit on the couch and beat up your buddy, that’s the thing.”
This is just another in a long series of games that has dropped local split-screen features, including Halo 5, which was a series whose split-screen was very much a part of what made the franchise so successful at first. However, with the transition to more online-centric multiplayer, split-screen does feel less and less necessary as time moves on. But what do you think? Is split-screen still an integral part of video games, or can you live without it if it allows the team to focus on other features more? Let us know in the comments.
For Honor hits PS4, Xbox One, and PC on February 14th, 2017.


text:
Personal computer (PC) shipments in the country increased 3.5% in the first three months of 2012 to 2.63 million units, driven by revival in consumer buying and spurt in commercial spending, according to a report by research firm IDC.
"The growth in PC volumes are reflective of the rise in consumption levels and investment activity for PCs in the recent past. A spurt in commercial spending was backed by a revival in consumer sentiment towards March," IDC Senior Analyst Kiran Kumar said in a statement.
In terms of driving factors, IDC Associate Research Director Adwaita Menon said, "Commoditisation is driving growth into semi-urban markets, which have shown faster growth than metros."
Vendors are focusing on high-margin products such as all- in-one units (AIOs) and small portables to maintain the growth momentum and margins, Menon added.
Backed by one of the biggest deals in India, namely Elcot, Lenovo clinched the top spot in the India PC market with a 15.8% market share in Q1 2012, IDC said.
The state-run Electronics Corporation of Tamil Nadu (Elcot) had issued a tender seeking rate contract for over 900,000 laptops to be supplied and Lenovo had bagged a major portion of the deal along with other companies like Acer and HCL.
Dell secured the second spot with 15% share, followed very closely by HP with a 14.9% share, IDC added.
"Dell continues to retain the brand recall amongst customers. However, HP's feet-on-street approach to pro- actively engage channel partners has paid off well in the recent past. Further a good balance of product mix at attractive price bands has helped HP grow higher than the market average in Q1," Kumar said.
The white box (assembled) PC market, however, continues to reel under pressure on the price front, owing to a significant surge in hard disk prices and subsequent shift in consumer purchase towards portable PCs, IDC said.
The white box PC market dipped to 37.6% share of the overall desktop PC business in Q1 2012 compared to 45.4% share in January-March 2011.


text:
The five new appointees of the National Pork Board have been named. Ag Secretary Vilsack chose five of the eight pork producers nominated by the National Pork Producers Delegate Body in March.
Carl Link of Fort Recovery, Ohio is one of two new board members. Brad Greenway of Mitchell, South Dakota is one of three reappointed members.
Everett Forkner of Richards, Missouri is the president of the Pork Board. Conley Nelson of Algona, Iowa is vice president. Current members of the board include Derrick Sleezer of Cherokee, Iowa and Julie Maschhoff of Carlyle, Illinois.
The Pork Board oversees the distribution and spending of National Pork Checkoff dollars – all US pork producers invest 40 cents per $100 value of hogs sold. Importers of US pork products contribute a similar amount. A portion of the funds – used for research, education and promotion – go back to the states.
Iowa, Illinois, Indiana, North Carolina and Minnesota are the top five pork producing states in the nation. There were just over 69-thousand pork producers in the U.S. in 2010, according to USDA, with about 64 million head of pigs at the start of 2011.


text:
Here's a HDD packed with 1 GB of memory in one USB 3.0-based enclosure.
Asus has introduced its new SDRW-08U5S-U external DVD writer with details not found on more common competing products.
As perpendicular magnetic recording (PMR) is expected to hit its physical density limit at about 1 Tb per square inch, we are hearing about new and innovative ways how a technology that is in its core more than 40 years old can get another extension.
Storage density achieved results in single gram of DNA being able to hold nearly half a million DVDs of data.
Microsoft received the rights to an updated patent that describes the addition of an external hard drive to the Xbox 360 game console.
Buffalo is set to release a mobile and desktop external SSD with USB 3.0 and ThunderBolt connectivity.
Here's good way to make use of those spare 2.5-inch drives you may have scattered across the office.
Seagate has released a preliminary result of its fiscal second quarter 2013, or the fourth calendar quarter of 2012.


text:
The new coronavirus’ impact on the South Jersey economy could be more than $5 billion, and the regional recovery may take even longer than the 2008-09 recession’s.
The regional gross domestic product could shrink anywhere from $2.1 billion to $5.1 billion and be influenced by a number of factors, including the length of the economic shutdown and how quickly business returns to normal, according to the most recent South Jersey Economic Review produced by the William J. Hughes Center for Public Policy at Stockton University.
The 12% to 28% estimated economic contraction is considerably larger than the $2 billion regional decline experienced during the fiscal crisis more than 10 years ago, which still has a lingering effect on the area.
“While the state of the pandemic lockdown remains fluid, it is clear it will generate a 2020 regional recession larger than the Great Recession’s (9.6%),” the review stated. “In fact, the COVID-19 2020 contraction may well be much larger owing to the outsized role that tourism and hospitality play in the regional economy and the public health challenges the pandemic seems likely to present going forward.”
The rather bleak estimates for a post-COVID-19 South Jersey economy stand in contrast to the strong growth the region experienced last year.
Based on current data from the U.S. Bureau of Labor Statistics, 2019 “marked the southern New Jersey regional economy’s best performance since 1984,” the review stated. Total employment in the three metropolitan areas that comprise the broader regional economy — Atlantic City-Hammonton, Ocean City and Vineland-Bridgeton — increased by 7,300 last year.
Atlantic City casinos reported more than $3 billion in total gaming revenue in 2019, the first time the industry eclipsed such a benchmark since 2012. The city’s gaming industry has reported revenue increases for four consecutive years.
Gov. Phil Murphy ordered the indefinite closure of Atlantic City’s nine casinos on March 16, in addition to restaurants and bars throughout the state, to slow the spread of COVID-19. All nonessential businesses were ordered closed four days after. Murphy later authorized local municipalities to restrict short-term rentals, an option many South Jersey shore towns took advantage of.
The American Gaming Association estimated that a two-month shutdown of Atlantic City’s gaming industry would result in $1.1 billion of lost economic activity. That figure encompassed all direct and indirect economic activity associated with the casino industry, including gaming revenue, food and beverage and hotel, but also the impact on suppliers, vendors and workers.
“The regional economy’s reliance upon the leisure and hospitality sector again looms large,” said Oliver Cooke, editor of the Review and associate professor of economics at Stockton. “We play and vacation together. And, personal, intimate, high-quality service (whether provided at a poker or restaurant table) arguably lies at the heart of the hospitality business.”
The length of the economic lockdown and the lasting effects COVID-19 has on consumer habits — such as an aversion to public spaces, including restaurants, casinos, convention halls, entertainment venues, beaches, shopping districts, classrooms and commercial aircraft cabins — will influence just how large of an impact the pandemic has on South Jersey, both immediately and in the near future.
“While the speed of the return to normalcy will dictate the number of lost summer 2020 shore weeks, my own sense is that the COVID-drag will eventually play the more important role in determining the trajectory of the regional economy over the remainder of 2020 (and beyond),” Cooke said. “While we will eventually begin to work and play again, it strains credulity to believe that we will all do so at the same levels we previously did — at least for the better part of what remains of 2020.”
According to the analysis, the leisure and hospitality sector — which includes gaming, lodging, restaurants and bars, and other recreational activities — accounts for 15%, or roughly $2.8 billion of the regional economy, while the retail trade sector accounts for nearly $1.4 billion, or 8%.
The largest portion of the regional economic output (22% for the entire area, 35% in Ocean City) is the real estate, rental and leasing industry, which accounts for $4 billion.
“The longer it takes for the economy to reestablish some semblance of normalcy, the shorter the 2020 summer shore season will be and thus the greater the impact on the regional economy’s real estate industry,” Cooke said.


text:
FRANCE: Remy to launch €150m bond
The company said that proceeds from the bond will be used to pay back an existing €150m 10% bond maturing in 2005.
The new bond will mature in 2010 and will be sold to institutional investors.
As Pernod Ricard, Allied Domecq and Fortune Brands close in on the biggest drinks industry deal since the sale of Seagram, opinion about how the deal will be structured and who stands to win and lose ...
Remy Cointreau is looking to restructure its Champagne business, according to local reports....
Remy Cointreau has had its investor rating raised....
Remy Cointreau has posted a drop in full year net profit in spite of increasing revenues....
Remy Cointreau has signed a five-year credit facility for around €500m....
Remy Cointreau has gone to holders of one of its bonds to gain permission to complete the sale of its stake in Bols....
Remy Cointreau has posted a slight rise in revenue growth for fiscal year 2005....
The Polish unit of Remy Cointreau has pulled out of the race for a majority stake in Polmos Bialystok....
- Interview - Bernstein analyst Trevor Stirling
- Trump, local spirits and the IR role - The Analyst
- Is Irish whiskey ready to recognise its potential?
- Diageo NA head on Trump, Millennials, Bourbon
- Cannabis – A clear and present danger to alcohol
- Beam Suntory opens global headquarters in Chicago
- Pernod Ricard offloads Domecq brandies, wines
- Diageo strike threat postponed with fresh vote
- Diageo appoints first programmatic marketing head
- TWE renames Blossom Hill fruit wine range


text:
Abstract in English:
Global growth is expected to slow to 2.9 percent in 2019. International trade and investment are moderating, trade tensions remain elevated, and financing conditions are tightening. Amid recent episodes of financial stress, growth in emerging market and developing economies has lost momentum and is projected to stall at 4.2 percent this year, with a weaker-than-expected rebound in commodity exporters accompanied by deceleration in commodity importers. Downside risks have become more acute. Financial market pressures and trade tensions could escalate, denting global activity.


text:
AMP is an open framework for creating articles that load more quickly, particularly on mobile. (They also can be sped up by loading from Google’s cache.) At the time the program was announced, Google said it would allow publishers to run ads on their AMP-formatted articles, just like any other articles, and it’s already added support for more ad types.
Today, the company unveiled an AMP for Ads program, which allows marketers to create similarly optimized ads, presumably to run alongside those fast-loading articles. As Paul Muret, Google’s vice president of display, video and analytics put it in a blog post:


text:
Gazepoint Research has released a new Gazepoint Biometrics system that supplements its eye-tracking technology with heart rate and galvanic skin response (GSR) biometrics. The system is designed primarily for marketing and research applications, allowing organizations to gauge the audience reaction to different kinds of content.
The Gazepoint Biometrics Hardware Kit takes biometric readings with a two-finger USB module, and also comes with a response dial that allows users to provide their self-reported feedback about their own level of engagement. The system is fully compatible with other Gazepoint products, including its Gazepoint Analysis software and its flagship eye tracking system. The eye tracker can record details like blink rate and pupil diameter, and gives researchers a better sense of the things that draw the audience’s eye in images and video footage.
“Gazepoint Biometrics Hardware makes it easy to acquire data for neuromarketing studies,” said Gazepoint CEO Craig Hennessey.
MarketsandMarkets had previously predicted that the market for eye tracking technology would reach $1.786 billion by 2025, though it later adjusted that to $1.098 billion due to the impact of COVID-19. In the meantime, Apple has filed a patent application for an eye tracking system for VR headsets, while Uniphore enhanced its own video analytics portfolio through the acquisition of Emotion Research Labs.
April 29, 2021 – by Eric Weiss


text:
TOKYO — It used to be that Japanese automakers gave Detroit fits with their low-priced cars built at a fraction of the cost of American models. This is how Japan captured the bulk of the U.S. small-car market.
Today, the Japanese are competing with low-priced Korean cars assembled at minuscule wage rates. South Korean automakers are taking over the small-car market in the U.S., and the Japanese are worried.
``The managers here speak of South Korea often,`` said Kimiyoshi Ogawa, 38, a 20-year veteran at Toyota`s Takaoka assembly plant in Toyota City, a two-hour train ride from Tokyo. ``They talk of how they follow us closely and are very energetic and how we must keep going to beat them.``
Compounding Japan`s troubles is the fact that the value of the yen has skyrocketed against the dollar, forcing substantial price increases on its cars.
The days are gone when the Japanese enjoyed huge price and wage advantages over U.S. cars and had virtually no competition in the low-priced market.
The rising value of the yen, from about 260 to the dollar to roughly 140, prompted seven price hikes in two years, and many Japanese cars are now $3,000 higher than rival U.S. models.
In only his second meeting ever with Western newsmen, Shoichira Toyoda, president of Toyota Motor Corp., said the automaker lost about $1.9 billion last year in foreign currency translations because the yen rose so sharply against the dollar, and ``only part of our losses`` were covered by price increases.
Toyoda said there are three ways for Japanese automakers to compete as the value of the yen fluctuates: ``Raise prices, lower costs or sacrifice profits.`` Since Toyota profits were down 25 percent in the fiscal year ended June 30 and prices have risen seven times since 1986, the choice is to cut costs.
He said that both sides of paper are now used, and pencils aren`t discarded until lead and eraser meet. Workers will make do with a 3.4 percent pay increase this year, down from 4.8 percent last year. That`s still less drastic than the 10 percent reduction in salaries at rival Nissan, the first pay cut in that company`s 33-year history.
This all comes at a time when South Korean automakers are selling cars in the U.S. for $6,000 and less, undercutting not only small American cars but the Japanese models, too.
``The industry is at a turning point,`` Toyoda said. ``Competition is now very fierce, and we adhere to a single philosophy: Stay ahead of the times.`` ``The Japanese made it in the U.S. because they had high quality but low price,`` said Thomas O`Grady, president of Integrated Automotive Resources Inc., of Wayne, Pa., as he leaned on a Toyota Corolla at the Tokyo Auto Show. ``Now they`ve got high quality and high price, and the consumer is faced with a tough choice: Is the Japanese car worth paying $3,000 more for?
``You must understand the Japanese ethic,`` said O`Grady, who lived here for three years and is back at the request of Japanese automakers for a seminar on the U.S. market in conjunction with the auto show.
``Whether training for a swimming meet or simply training, they always are taught to beat the Americans,`` he said. ``Now they`re being taught they must beat the Koreans.
``In the U.S., you cut costs by increasing productivity,`` added O`Grady. ``In Japan, you increase productivity by cutting costs.``
And cost-cutting filters down to the assembly line.
``We`ve been reviewing materials to cut costs,`` volunteered Taira Tsukimori, 40, a 22-year veteran and group leader at Toyota`s Takaoka plant.
``Long bolts have been made shorter, for example, to save metal needed,``
which also reduces the time to apply them.
South Korean automakers named Hyundai, Daewoo and Kia, using $3-an-hour labor, turn out the cars that sell for $6,000 and less in the U.S.
Analysts estimate Japanese car sales in the U.S. will slip to 3.1 million units in 1987 from 3.3 million in `86. South Korean sales, meanwhile, will rise to 415,000 from 268,000, with forecasts that within two years the figure will rise to 1 million annually.
``To cope with South Korea, we have to improve our quality more, reduce our mistakes and pay careful attention to quality-not forget to fasten a bolt,`` said Ogawa at the Takaoka plant
``We also work faster on the assembly line-without stopping the line, if possible,`` Tsukimori added.
Part of the swiftness in building comes from automation and robotics. In touring Toyota City and its multiplant complex, visitors count 530 robots welding, painting, sorting and carting parts that humans assemble into cars.
Though 1,600 people assemble cars and engines at Toyota City, you don`t see many of them. When you do, often they`re pushing buttons to start or stop robots or automatic body stamping machines.
``The plants are amazing,`` said Robert McCurry, senior vice president of Toyota Motor Sales U.S.A., distributor of the Toyota line in the U.S.


text:
To say that technology, in all its forms, makes everyday life easier would be an understatement. From finding out breaking news to online shopping, and now even to keeping tabs of your house security cameras—everything is just within a touch of a button. With growing accessibility to online settings, threats are just around the corner.
One of the most alarming ones when it comes to these types of threats is the breach of privacy. In a number of high-profile cases, home surveillance cameras have been easily compromised, and disturbing reports of hacked baby monitor cameras have also risen.
Just earlier this month, a Western Australian mother voiced her worries when she found out that the baby monitor she recently purchased was reportedly compromised. This particular monitoring device allowed parents to log in with a QR code and a generic password in order to watch their child through the monitoring camera. The report said that the user followed the instructions for installation, but was surprised upon opening it, when she was met with a vision of a stranger’s bedroom, rather than her own child’s. This is not an isolated case, as there was also a report wherein a stranger allegedly managed to hack a baby monitor camera to watch a mother breastfeed. Another one came from a Texas couple who also experienced a similar alarming situation, wherein they heard a man’s voice coming from their baby monitor, threatening to kidnap their child.
With these disturbing discoveries, we should always keep ourselves protected from these types of threats. As a precaution, always remember to set strong passwords, keep it secured, and choose the best online security. Trend Micro offers the best security for all of your available devices including Trend Micro Home Network Security which filters incoming and outgoing traffic to provide an extra layer of protection for the home network and various smart devices.


text:
Snack brand Pringles just launched its Super Bowl spot, and it shows Hollywood actor Chris Pratt caught in an unexpected viral moment.
In the 30-second commercial titled "Mr.P," the "Guardians of the Galaxy" star walks into a grocery store sporting a full, upward-sweeping mustache.
"You look like the Pringles guy," the cashier tells him as she takes a photo of him on her phone.
The woman then blasts her photo of the actor on social media, causing an uproar among netizens, with many "memeing" the star and "the Pringles guy."
"So Mr.P was for Pratt all along," one writes.
The 44-year old actor then tests the facial recognition feature of his phone, which shockingly unlocks upon showing Mr.P's face on a Pringles can.
Harping on the digital frenzy his mustache caused, his booking manager reaches out to him for the "role of a lifetime" as Mr.P.
To end the Super Bowl ad, Pratt and the cashier are shown staring at the billboard of his new film. "Do I get a cut?" she asks of him.
In January, the potato chip maker teased Pratt's appearance in an Instagram post, challenging viewers to guess the star of its Super Bowl ad.
"The big game’s almost here, so we’re upping our ‘stache game. Who do you think it belongs to?" it captioned.
Last week, Pringles finally debunked speculations from fans that its celebrity guest would be Kansas City Chief's Travis Kelce, and revealed Pratt to be the brand's next endorser.
The full-length ad is set to air during the Big Game on February 11.
Editing by Katherine 'Makkie' Maclang


text:
Casumo Goes Live in Japan
By Simon Wright Mar 11, 2020
The online casino Casumo has gone live in Japan this week, as the Malta based operator moves into new territories and markets. Casumo which is an accredited online casino here at Casinomeister, are offering Japanese residents a welcome bonus package of $888.
This package is made up of three separate bonuses, which players can obtain when making their first three deposits at the casino. Casumo’s whole portfolio of games will be made available to players from Japan.
As part of the launch in Japan, Casumo have brought back their Sumo mascot exclusively for their Japanese site, to help market the online casino to the Japanese online casino playing public. All payments will be made in local currency and Casumo have employed a dedicated Japanese team to support players.
A spokesperson for Casumo, commenting on the launch of Casumo’s dedicated Japanese site, said: “After a lot of planning, prepping and some intense localisation, Casumo is live in Japan. We are set up with local payments, an amazing Japanese team to support players and you might notice a certain Sumo character is back exclusively for this market (note: the Sumo character is only for use in Japan).”


text:
LMI Aerospace to buy Valent Aerostructures for about $246 mln
Dec 6 (Reuters) - LMI Aerospace, which supplies components to the aerospace and defense industries, said it will buy Valent Aerostructures for about $237 million, plus about $9.7 million of certain retained obligations.
LMI Aerospace is expected to generate over $480 million in revenue based on projected 2013 results of the combined entities, the company said in a statement.
The deal is expected to close Dec 31, 2012, LMI Aerospace said.
- Housing, jobs data weaken, but overall economic picture still upbeat
- Target cyber breach hits 40 million payment cards at holiday peak |
- UPDATE 3-Saab wins Brazil jet deal after NSA spying sours Boeing bid
- 'Duck Dynasty' anti-gay fallout sparks debate on religion, tolerance
- Zuckerberg to sell Facebook shares worth about $2.3 billion |


text:
Why Was New York State DMV Live-Tweeting the New York Auto Show?
First-ever CT6 Cadillac. The brand will leverage its NYC base to market this prestige class auto to some 50 countries pic.twitter.com/IhKOKvX1l6
— NYS DMV (@nysdmv) April 1, 2015
The New York State Department of Motor Vehicles was live-tweeting the New York International Auto Show yesterday.
Why would staffers at the government agency charged with regulating motor vehicles and their operators be assigned to tweet photos of the 2016 Chevy Malibu, or wait with press for the big Porsche reveal? We have a message in with the DMV to find out, but it’s hard to imagine how this furthers the mission of administering laws to promote safety.
Sure, scoring passes to a glitzy media event beats sitting behind a desk all day. But this is like the NTSB tweeting Richard Branson’s birthday party. While DMV apparently has the resources to dispatch people to the car show, it hasn’t, say, enacted reforms recommended by crash victims to make streets and roads safe from reckless drivers.


text:
- 2 min read
HRAWI backs app-based taxi operators for Goa
The Association has made the request on the back of the ongoing taxi operators’ strike in the State against Goa Miles, the State’s local app-based taxi service.
The Hotel and Restaurant Association of Western India (HRAWI) has submitted a representation to the Chief Minister, Pramod Sawant and to the Tourism Minister Manohar Ajgaonkar requesting the Government to allow app-based taxi service aggregators to operate in the interest of tourists and the industry.
The Association has made the request on the back of the ongoing taxi operators’ strike in the State against Goa Miles, the State’s local app-based taxi service. The Hospitality industry has expressed that app-based taxis provide good services at cheaper rates as against the existing taxi operators who charge exorbitant fares to tourists. The industry is of the opinion that lopsided trade practices are detrimental to progress and discourage tourism in the State. The HRAWI has stated that the local taxi operators’ demands are unreasonable and uncompetitive while viable and transparent app-based options are available.
“Today, online services have become an important part of our day-to-day lives. The app-based cab services are a boon especially, for travelers who find it easy and convenient to plan and pre-book their trips. Being a tourist State, Goa will benefit with app based cab services which offer tourists easier, better and cheaper options. We therefore request the State Government to ensure that Goa Miles continues its operations along with other app-based taxi services that could also be allowed to operate in the interest of tourists and the Industry. The Government's intervention on this matter will go a long way in aiding and enabling tourism in the State as local transport system is known to be the key driving factor in the promotion of Tourism,” concludes Menino Prioenca, EC committee member, HRAWI.


text:
Popular Ghanaian-Gambian actress, model, and brand influencer flashes her raw bvtts in new video.
Gambian actress and model Princess Shyngel flashes her raw b*tts in a new video shared on her Instagram page.
In the Viral video, Princess is seen wearing a black one hand side high slit dress exposing her her huge b**tts whiles walking on the streets.
She captioned her post:
“I’m in love with her 👆🏾❤🥰💃🏾 waist snatched by @snatchedbyprincess 🥰


text:
Tata Motors’ domestic biz soars in Q1 FY2019, JLR takes a hit
Tata Motors Turnaround 2.0 strategy on track, reports profit of Rs 1,188 crore; Jaguar Land Rover impacted by duty reduction in China and uncertainty over diesel vehicles in Europe
Tata Motors has announced its financial results for Q1 FY2019. While it has reported overall consolidated revenues of Rs 67,081 crore, an increase of 14 percent year on year, the loss after tax is Rs 1,864 crore, compared to a profit after tax of Rs 3,182 crore for the same period last year. Last year, Tata Motors’ financial results for Q1 saw a one-time gain of Rs 3,609 crore last year, on the back of calculations in Jaguar Land Rover’s pension payments.
In Q1 FY2019, JLR sold a total of 145,510 units; wholesales (excluding Chery JLR) were down 7.7 percent on the back of sales deferral in China and planned dealer stock reduction; The luxury carmaker reported revenue of euro 5,222 million (Rs 39,917 crore), down 7 percent, and a loss after tax of euro 210 million (Rs 1,605 crore).
Tata Motors (standalone, including joint operations) sold 176,868 units, with sales of commercial vehicles growing 63 percent albeit on a lower previous year base, and passenger vehicle sales up 49 percent. The company reported revenues of Rs 16,803 crore, up 83 percent. The profit after tax was Rs 1,188 crore.
Commenting on the results, Natarajan Chandrasekaran, chairman, Tata Group, said: “I am delighted with the progress made by the domestic business on their ‘Turnaround 2.0’ strategy. We continue to gain market share while strongly improving profitability in both commercial vehicles and passenger vehicles. Our drive for increased transparency continues with separate segmental results for the CV and PV businesses from this quarter. I believe that with our focused efforts, we are well positioned to ‘Win Decisively’ in CV and ‘Win Sustainably’ in PV.
With regard to JLR, we faced multiple challenges including temporary issues like China duty impact as well as the market issues like diesel concerns in UK and Europe. Despite these challenges, we remain committed to deliver the planned margins we outlined earlier this year and appreciate the urgency to address our challenges with speed. Towards this, we will step up all round execution. We will leverage our product portfolio to grow faster and drive down costs to improve operating leverage of the business. We will also calibrate our capital spends to minimise cash outflow. With these focused efforts, I am confident that Tata Motors Group will deliver competitive, consistent and cash accretive growth in the medium to long term.”
JLR to invest Rs 34,400 crore in FY2019 to support future growth
According to Tata Motors, JLR will continue to invest in new vehicles, next-generation automotive technologies and facilities to support its future sustainable growth, with total investment spending of euro 1.1 billion (Rs 8,408 crore) for the quarter. This investment spending and seasonal working capital outflows of euro 1.0 billion (Rs 7,644 crore) led to negative operating cash flow of Euro 1.7 billion (Rs 12,995 crore). The company plans to invest in the region of £4.5 billion (Rs 34,398 crore) in the current financial year.
Dr Ralf Speth, CEO, Jaguar Land Rover, said: “We had a pre-tax loss in the first quarter, reflecting the impact of the announcement of the duty reduction in China as well as planned dealer stock reduction in the quarter. We also continue to be impacted negatively by uncertainty over diesels in Europe along with Brexit and additional diesel taxes in UK. Given these issues, we will remain focused on driving growth and simultaneously reducing costs and boosting operational efficiency and capability, taking the necessary steps to shape our future. We expect sales and financial results to improve over the remainder of the financial year, driven by continued ramp-up of new models, most recently the electric Jaguar I-Pace, and with the new lower duties effective in China”.
“We remain true to our pioneering spirit and our ability to create innovative and exciting cars that our customers will love. Given the success of recently introduced models such as the Jaguar E-Pace and the Range Rover Velar, along with our huge investment commitment in electrified technologies, we remain confident to deliver sustainable profitable growth,” concluded Dr Speth.
Tata Motors firing on all cylinders as Turnaround 2.0 paying off
According to Guenter Butschek, managing director and CEO, Tata Motors, “FY2018 was a turnaround year for us with significant improvement in operational and financial performance. We continued this momentum in Q1 FY19 as well with the launch of Turnaround 2.0 strategy to ‘Win Decisively in CV, Win Sustainably in PV’ and further strengthen our execution capabilities. I am happy to see that we are now delivering on this strategy with strong month-on-month sales growth, with both the CV and PV businesses witnessing further increase in market share.
The Q1 FY2019 net revenue is the highest in Tata Motors’ history and the operational profit for Q1 FY2019 is the highest since Q1FY13. In line with our new organisation structure, our reporting segments are changed to commercial vehicles and passenger vehicles from this quarter. As I look ahead, there could be a few challenges in the short term particularly in commercial vehicles as the new regulations on axle loads come into effect but remain positive on the long-term potential of the Indian market and I am confident that Tata Motors is taking the right steps to drive competitive, consistent, cash accretive growth.”
Kia India sells 18,766 units in May, Sonet and Carens outsell Seltos
Growing demand for Sonet compact SUV sees it drive ahead of the longstanding best-seller Seltos for the fourth month in ...
Tata Motors’ car and SUV sales rise 6% to 45,984 units in May
The seven-model portfolio Tata Motors sees demand moderate to single digit in a month which saw the launch of the Altroz...
Mahindra & Mahindra sells 32,883 SUVs for 23% growth in May, order backlog grows to 292,000 units
M&M’s sales would have been higher but the company continues to be impacted by chip supply constraints; order book swell...


text:
Miramar Beach, FL— 3/1/2023 Florida State University's Jim Moran Institute for Global Entrepreneurship has named Floorzz the fasted growing FSU alumni-owned business on Seminole 100 List.Crissie and Mike Anderson, the owners of Floorzz, LLC accepted the award at the ceremony held on February 25th, 2023.
“We are so honored to be recognized”, said Crissie Anderson, the owner of Floorzz. “We truly believe in personal relationship with our clients and giving an unprecedented online customer shopping experience.”
Crissie and Mike Anderson, both FSU graduates, have been leading the Floorzz team for the last 6 years. Mike Anderson notes: “Our company values are what drives our company success. We believe in supporting our employees and providing a fun family-oriented work environment.”
Floorzz is a family owned and operated e-commerce business located in the Florida Panhandle with over 20-year experience in the industry. It has since expanded to offer their premium and unique product offerings outside of the local area. They strive to establish trusted relationships with their vendors to give the customers great prices and top-quality products.
Each year FSU Seminole 100 powered by Jim Moran Institute in partnership with FSU Alumni Association recognizes the honorees ranked by their three-year compounded annual growth rates. This is the second consecutive year Floorzz has made the list. During the event this year, Brian Ford, chief operating officer of the Tampa Bay Buccaneers presented as a keynote speaker.


text:
Lady Gaga lipstick success
Estee Lauder, the maker of Mac cosmetics, has raised its sales forecasts for a new lipstick sponsored by singer Lady Gaga, boosting the US company's contributions to AIDS programs.
Estee Lauder, which donates all the proceeds from Mac's Viva Glam range to the Mac AIDS Fund, last month added new lipstick colours named for Lady Gaga and fellow singer Cyndi Lauper.
Mac sold 30,000 of the new items in the first four days of their release - before any advertising began - Estee Lauder's group president John Demsey said.
That prompted the company to raise sales forecasts for Lady Gaga's pink lipstick by between $US4 million and $US5 million ($4.4 million and $5.5 million), he said.
Viva Glam, which went on the market in 1994 with drag performer Ru Paul as its spokesperson, posts average sales between $US20 million and $US25 million a year, Mr Demsey said.
The Mac AIDS Fund was the second-biggest fundraiser for AIDS programs, excluding pharmaceutical companies, he said.
"This is a disease that affects everyone and right now it's mostly affecting women," Lady Gaga said at the release event in London.
"This is not just about raising awareness though, the money is going to help those who live with HIV and AIDS."
The Mac AIDS Fund had 350 programs throughout the world, with the focus shifting from US projects more to the developing world, Mr Demsey said.
"We're not afraid to lend our name to talking about AIDS," he said.
"We've been left with the responsibility of being loud about this."
Lady Gaga lipstick had outsold Lauper's by four to one, Mr Demsey said.
Viva Glam's previous best-seller was a lipstick sponsored by actress Pamela Anderson.
Mac sales had grown 25 times since 1998, and it was now the fastest-growing cosmetics brand in Europe, Asia and the Middle East, Mr Demsey said.
Get the latest news from thewest.com.au in your inbox.
Sign up for our emails


text:
TrueCommerce Acquires Datalliance
Leading vendor managed inventory service complements commerce network solutions portfolio to maximize supply chain performance
PITTSBURGH, Sept. 14, 2017 (GLOBE NEWSWIRE) -- TrueCommerce, a global provider of trading partner connectivity and integration solutions, announced today that it has acquired Datalliance, the world's largest provider of technology and services to support collaborative replenishment programs such as vendor managed inventory (VMI) and related business needs. This addition complements the TrueCommerce portfolio of offerings by providing a strategic technology service that extends its commerce network into the collaborative replenishment, inventory management and demand forecasting markets.
Omni-channel enablement changed the traditional ordering process by requiring more visibility and collaboration. VMI aligns business objectives and streamlines supply chain operations for both suppliers and their supply chain partners. Trading partners focused on collaboration through VMI programs are expanding at a rapid rate, using better demand signals, optimizing shipping and distribution to increase profitability and automating more of the replenishment process to drive efficiency and reduce costs. Datalliance VMI solutions allow them to scale their programs to cover more categories, more geographies, more partners and increase sales.
"Our global growth strategy is founded on increasing the breadth and depth of the services that we offer to our commerce network community," said Mike Cornell, CEO of TrueCommerce. "The addition of industry leader Datalliance and their collaborative replenishment, inventory management and demand forecasting capabilities increases the value that we add for our customers, allows us access to markets that we previously didn't have and enhances our competitive position."
Datalliance is a pioneer in offering VMI as a cloud-based platform and have successfully implemented VMI for hundreds of customers across multiple industries, geographies and business sizes.
"We are very excited about the opportunity to join forces with TrueCommerce and the potential to create new paths to market together," said Carl Hall, President and CEO of Datalliance.
"With our strategic direction to expand our commerce network offerings to adjacent, yet related solutions, we recognize the importance of vendor managed inventory as a tool to optimize order processing and collaboration between suppliers and their partners," adds Cornell. "This acquisition follows the announcement of the acquisition of HighJump Software, sister company to TrueCommerce, by Körber AG. Parent company, Accellos Holdings and its primary investor, Accel-KKR will retain TrueCommerce. The sale of HighJump allows TrueCommerce to continue to invest aggressively to grow and expand its global commerce network, as exemplified by the acquisition of Datalliance."
For more information please refer to the frequently asked questions (FAQs).
Datalliance is the world's largest provider of technology and services to support collaborative replenishment programs such as Vendor Managed Inventory (VMI) and related approaches. Delivered as a cloud-based platform backed by extensive customer care, Datalliance makes it easy for trading partners to establish inventory management relationships that increase sales and profits by fully aligning business objectives, increasing on-shelf availability, optimizing turns, and reducing supply chain costs. Datalliance manages billions of dollars in orders, millions of SKUs, and tens of thousands of locations worldwide for leading companies in consumer and industrial markets. For more information about Datalliance, visit www.datalliance.com.
TrueCommerce revolutionizes trading partner connectivity by linking suppliers, retail hubs and end consumers in one global commerce network.
With our flexible, integrated and fully managed service solutions, customers of any size can easily connect with any trading partner while enjoying the peace of mind of a proven service platform that reliably handles tens of millions of transactions annually without the need for any customer interaction.
From the factory to the warehouse, from distributor to retail storefront, achieve new levels of business connectivity and performance with the world's most complete trading partner platform.
TrueCommerce: Connect. Integrate. Accelerate.
For more information, visit http://www.truecommerce.com.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Datalliance via Globenewswire
Om Nasdaq GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York
+1 212 401 8700http://www.nasdaqomx.com
NASDAQ (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.
Følg saker fra Nasdaq GlobeNewswire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Nasdaq GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Nasdaq GlobeNewswire
Ondot’s Mobile Card Controls Provide Protection to Thousands of Banks from ATM Heist Threat17.8.2018 22:47 | Pressemelding
-Card controls counter threat of FBI’s warning on unlimited ATM cash out crime - Santa Clara, Calif., Aug. 17, 2018 (GLOBE NEWSWIRE) -- US mainstream media is reporting on a FBI warning to banks of an impending cybercrime wave targeting ATMs in which thieves seek to steal millions of dollars by using cloned cards for fraudulent withdrawals. Ondot, the global leader in mobile payments services, provides consumers a simple protection with mobile-based card controls that can restrict ATM transactions without completely shutting off the card for legitimate needs. Ondot’s mobile controls can give consumers the ability to restrict transactions specifically for ATMs while leaving their cards active for in-person purchases, eCommerce, and other purchases. By locking the account’s use at an ATM, consumers can work with their financial institution to ensure other security best practices are in place while knowing that even a spoofed card will be unable to withdraw cash. If emergency cash is need
SEMAFO: Armed Incident in Bobo Area17.8.2018 15:48 | Pressemelding
MONTREAL, Aug. 17, 2018 (GLOBE NEWSWIRE) -- SEMAFO Inc. (TSX:SMF) (OMX:SMF) regrets to report that a bus transporting employees from the town of Bobo-Dioulasso to the Mana Mine in Burkina Faso was shot at by armed bandits this morning. In the exchange of fire between the policemen and bandits, one SEMAFO national employee and one sub-contractor employee lost their lives. Operations at the Mana Mine, located 80 kilometers from the incident, are not affected. Early analysis suggests that this incident and the armed incident that occurred in the Est region six days ago are unrelated. However, the Corporation will be increasing its security measures at Mana and take appropriate steps to ensure the safety of the mine and of its employees. The Corporation would like to express its sincere sympathy to families of the victims. About SEMAFO SEMAFO is a Canadian-based mining company with gold production and exploration activities in West Africa. The Corporation operates the Mana Mine in Burkina
ThalesNano Energy Introduces H-Genie™: Revolutionary Compact, High Pressure Hydrogen Gas Generation Platform for Chemists17.8.2018 11:00 | Pressemelding
Improves safety, expands chemistry, saves lives. BUDAPEST, Hungary and BOSTON, Aug. 17, 2018 (GLOBE NEWSWIRE) -- ThalesNano Energy LLC today announced, at the 256th ACS conference (booth: 1615), the launch of the first in the series of revolutionary new gas generators, the H-Genie™. The H-Genie™ is a compact high pressure hydrogen generator designed to be used in any laboratory as a safer and simpler alternative to hydrogen cylinders. Capable of generating hydrogen at up to 1 NL/min and 100 bar (1450 psi), the system can help expand chemists’ limited hydrogenation chemistry capability by providing high purity hydrogen gas, on demand from water, to batch and flow reactors. Neal Langerman, Principal Scientist at Advanced Chemical Safety, comments: “The presence of cylinders of hydrogen raises the risk level of a lab. While the explosion or fire hazard can be mitigated with a gas cylinder cabinet, this takes precious floor space and does not eliminate the 1300 liters of flammable gas from
PayByPhone Supports Additional Languages16.8.2018 19:47 | Pressemelding
Drivers can now use the app in Spanish and Chinese VANCOUVER, British Columbia, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Drivers who pay for their parking with the PayByPhone app can now use the app in Spanish, Traditional Chinese, and Simplified Chinese. Later this year, the leading mobile parking payment service will also be available in Punjabi. The support of multiple languages increases PayByPhone’s usability for its diverse consumer base, who are located across North America, Europe, and Australia. To gain access to the newly supported languages within PayByPhone, drivers can simply download the latest version of the app and set their iOS or Android device to their preferred language. “We’re excited to have expanded our language offerings beyond English and French,” said Barrie Arnold, Chief Commercial Officer, PayByPhone North America. “PayByPhone is available in many multicultural cities worldwide, and this update improves the app’s accessibility. PayByPhone has gained a global presen
Global Dairy Platform Announces Dairy Farmers of America CEO Rick Smith as New Board Chair16.8.2018 17:52 | Pressemelding
ROSEMONT, Ill., Aug. 16, 2018 (GLOBE NEWSWIRE) -- Global Dairy Platform (GDP), a pre-competitive collaboration of dairy sector organizations focused on encouraging the appropriate intake of nutrient-rich dairy foods and demonstrating the sector’s role in sustainable agriculture, today announced the appointment of Rick Smith, President and Chief Executive Officer of Dairy Farmers of America as Chair of the Board of Directors. “It is truly an honor to serve as Chair of GDP’s Board of Directors,” noted Mr. Smith. “We are facing global food and health challenges that need short and long-term solutions. The work of GDP creates an avenue for collaborative action that demonstrates dairy’s valuable contribution to global food systems, healthy diets and sustainable livelihoods.” Mr. Smith will serve on the board along with Fonterra Co-operative Group Chief Executive Officer Mr. Miles Hurrell; China Mengniu Dairy Company Executive Director and Chief Executive Officer Mr. Minfang (Jeffery) Lu; Ro
GridGain Systems Named to Inc. 500 List of America’s Fastest-Growing Private Companies for Second Consecutive Year16.8.2018 09:00 | Pressemelding
GridGain Ranks 17th among Software Companies, 13th in San Francisco Metro Area FOSTER CITY, Calif., Aug. 16, 2018 (GLOBE NEWSWIRE) -- GridGain Systems, provider of enterprise-grade in-memory computing solutions based on Apache® Ignite™, today announced it has been named to the 37th annual Inc. 500 list, a highly regarded ranking of the nation’s fastest-growing private companies. This is the second year in a row GridGain has been named to the list. GridGain’s rank of 158 on this year’s Inc. 500 list is up from number 187 last year. The company is ranked 17th among software companies, 13th in the San Francisco metro area, and 37th in the state of California. The Inc. 500 represents a unique look at the most successful companies within the American economy’s most dynamic segment – its independent small and midsized businesses. GridGain provides an in-memory computing platform that delivers speed, scale and high availability to data-intensive applications. Built on a memory-centric archite
I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.Besøk vårt presserom


text:
PARIS - (For Immediate Release) – Chauvet capped off the first full year of its French subsidiary’s operation with a gala celebration. Over 100 guests attended the festive event, which was held on March 21 at the company’s French headquarters in the south Paris suburb of Chilly-Mazarin. They enjoyed an evening of food and beverages, live entertainment, games and a firsthand look at the company’s latest offerings, including the new additions to its award-winning Maverick and Ovation series of LED lighting fixtures.
“We were excited to welcome so many accomplished guests from the French entertainment lighting industry, very pleased to see their enthusiasm for our new products,” said Albert Chauvet, CEO of Chauvet. “Since it was launched in 2018, Chauvet France has established a solid following throughout this market.”
Guests at the event also got to tour Chauvet France’s impressive facility, with its two showrooms totaling more than 100m² and its 70m² service department. The spacious showrooms house an extensive array of fixtures from CHAUVET Professional and CHAUVET DJ. “This facility really reflects our commitment to serving the French market at the highest level, both in terms of products and service,” said Michael Brooksbank, General Manager of Chauvet Europe.
Eagerly embraced by the French Market, Chauvet fixtures have been used at events in high- profile venues such as The Louvre and at leading retail establishments like Pirates Cove, as well as at concerts, schools and live music venues. “This has been a very good year for us in France,” said Martin Fournier, European Sales Director of Chauvet. “Inspired to do better, our entire team intends to build on this success.”
Chauvet & Sons LLC, headquartered in the USA with offices in the Belgium, France, Germany, Mexico and the UK, is a leading global provider of professional luminaires, trusses, controllers and related equipment. The company has a diverse portfolio of brands and award-winning products that meet the needs of customers across all sectors of the lighting market, ranging from concert touring to festivals, theater, broadcast, corporate and architectural applications. All brands under the Chauvet umbrella share a commitment to value, innovation and performance. For more information, visit www.chauvetlighting.com


text:
- Thursday's preliminary reading is the lowest since records began in 1995.
- Second-quarter data could be much worse.
- The French economy contracted 5.8% in the first three months of 2020. This was the sharpest decline since records began in 1949.
The euro zone economy contracted by 3.8% in the first quarter, compared to the last three months of 2019, as the coronavirus pandemic severely impacted business activity in the region.
Thursday's preliminary reading is the lowest since records began in 1995, the European statistics office said. Analysts polled by Reuters were expecting a 3.5% contraction.
The 19-member euro area, which shares the single currency, is one of the hardest hit by Covid-19. Germany, France, Spain and Italy — the four largest euro economies — are among the top six countries worldwide with the highest number of infections. The strict lockdown measures in most of the euro area have meant that all non-essential services have been closed for several weeks.
Italy was the first European country to implement a nationwide lockdown, starting March 10. Thus, second-quarter data could be much worse as stringent lockdown measures are only just starting to be gradually lifted in some countries.
France enters technical recession
The French economy contracted 5.8% in the first three months of 2020 when compared to last quarter of 2019, according to the country's statistics office. This was the sharpest decline since records began in 1949.
The region's second-largest economy dropped 0.1% in the final quarter of 2019 and two consecutive quarters of economic contraction mean that France is now in a technical recession.
The country is lifting some of its lockdown measures from May 11. However, analysts have raised concerns that Paris will face much bigger economic challenges than neighboring Germany.
"Besides the harsher lockdown, a bigger services sector and a smaller fiscal response will contribute to France weathering the Covid-19 pandemic worse than Germany," Florian Hense, economist at Berenberg said in a note Thursday.
Meanwhile, new data also showed German retail sales dropped at their fastest rate in March, since January 2007. The German statistics office said Thursday that monthly retail sales fell by 5.6% during the month.
Germany reopened some retail businesses in late April, but the government said Wednesday that the country is on track for the worst recession since World War II. Berlin has slashed its GDP forecast for 2020 to -6.3% from a January estimate of 1.1%, Reuters reported.
The Spanish economy contracted 5.2% in the first quarter of 2020, INE, the country's statistics office said Thursday. The contraction was worse than what analysts had forecast, a 4.4% decline, according to Reuters.
In separate data releases, Eurostat showed that the unemployment rate rose to 7.4% in March from 7.3% in February. The statistics office also showed that inflation could drop to 0.4% in April, from 0.7% in March.
The latest metric is highly important for the European Central Bank, whose primary mandate is ensuring price stability. The central bank is due to unveil its latest monetary policy decisions Thursday at 12.45 p.m. London time.


text:
The country’s beef industry is well-positioned for the year ahead, even though international markets are in a state of flux, said Springer rancher Chuck Coffey, the new chairman of the Cattlemen’s Beef Board.
“The only thing that’s really limiting us are some of the tariff disparities between the U.S. and Japan versus those between Australia and Japan,” Coffey said, speaking from the annual Cattle Industry Convention & NCBA Trade Show in New Orleans on Thursday.
“Otherwise, our supplies are increasing to record levels and we expect to see high supplies for four or five years,” he said. “When supplies are strong, it becomes tougher to keep prices at the level you want them at. Right now, demand is still high thanks in large part to checkoff dollars. But we’ve got a lot of work to do to keep us on our toes.”
Coffee is a fifth-generation rancher and ex-officio member of the Oklahoma Beef Council. He was recently appointed to the Cattlemen’s Beef Promotion and Research Board – usually referred to as the Cattlemen’s Beef Board or CBB – by U.S. Department of Agriculture Secretary Sonny Perdue. His term as chairman will last one year.
Perdue is scheduled to speak at the end of the event, addressing the congressional omnibus farm bill, international trade and other issues affecting the state of American agriculture. His feedback will help the organization and numerous related groups revise the industry’s blueprint.
“Educators, packers, producers, feed lot operators, cattlemen’s associations, beef boards – all the powers that be – we bring them together to review the long-range plan and come up with a new one,” Coffey said. “This is the year we roll that out. It’s highly anticipated.”
In preparation, the National Cattlemen’s Beef Association released its policy priorities for 2019, focusing on so-called fake meat, or lab-produced and plant-based products; bilateral trade agreements with Japan, Mexico and Canada while increasing market access elsewhere; and the federal government’s update of dietary guidelines.
The Beef Board oversees collection of $1-per-head on all cattle sold in the U.S. and an equivalent per-head charge on imported cattle, beef and beef products. Individual state marketing organizations can retain up to 50 cents of that checkoff money collected locally, but at least 50 cents must be earmarked for Beef Board use. The most recent checkoff study found that each dollar invested provides $11.20 in benefit to the U.S. industry. Coffey said the checkoff research will be updated this year.
The 99-member CBB board has five major committees: export growth, nutrition health, investor relations, innovation, safety and consumer trust. They have a budget of about $40 million to pay for programs to increase product demand this year.
The Beef Board consciously avoids federal policy matters and focuses only on increasing consumer demand. However, members are well-aware of what is happening in Washington, D.C., and how those actions – embargoes, tariffs and such – affect their own efforts.
“I’m very optimistic about the market that’s been opened in China,” Coffey said. “It’s a little difficult to get in there, given the regulations and policies they have in place, but it is allowing us to start increasing a little more exported product to China.
“We have great markets now in Taiwan, South Korea, Japan. Those markets are huge. … Our export value is over $8 billion, or about $320 per head that trickles down to the industry, so that’s definitely a bright spot,” he said.


text:
Ask any Chattogram resident what the city's famous sweetmeat was a decade ago, and everyone will refer to Sadhu Sweetmeat without hesitating.
Sadhu's products dominated Chattogram, one of Bangladesh's major coastal cities, from the 1960s to 2000s because of their unique tastes and flavours.
Founded by Kamoni Kumar Dey in the city's Kotowali area in the 1960s, Sadhu Sweetmeat was run by his son Gopal Kumar Dey till 2016.
The main ingredients in the sweetmeats – rabri, khirsha and chhanar mishti – came from buffalo milk from Anawara, Karnaphuli and Banshkahli coastlines.
But Sadhu faced a severe milk crisis in the 2010s as the buffalo population fell.
According to the Bangladesh Agriculture Survey, from 2003 to 2019, the number of buffaloes declined by at least 51%. This is mainly due to disease and infertility caused by rising soil and water salinity, a decline in pastures, extreme weather including cyclones, storms and lightning, and other human activities that have degraded the environment.
"Around 90% of dairy buffaloes are in Bangladesh's coastal areas. In the last 15 years, milk-producing buffaloes have fallen by around 60% which has led to a huge shortage of buffalo milk," said Prof Md Omar Faruque, Department of Animal Breeding and Genetics at Bangladesh Agriculture University.
"The milk of indigenous buffaloes has a special quality. The yogurt and cheese made from native buffalo milk taste better than those of the crossbred," said Prof Omar, who is a leading researcher on buffaloes in Bangladesh.
Sadhu tried to supplement their buffalo milk by mixing it with cow milk and milk powder, but that resulted in a significant change in taste.
With the scarcity of buffalo milk, Sadhu was ultimately forced to start making sweetmeat with cow milk.
Gradually, Sadhu's famous sweetmeats made with buffalo milk have almost vanished from the port city.
Kamoni Kumar Dey's relatives and former workers now run some shops that produce sweetmeat using cow milk.
Some sweetmeats made with buffalo milk are still available in coastal areas.
"In the 1990s, when we used to make khirsha, its aroma used to waft over the area. Every day we used to sell over 400kg of sweetmeats," said Sukendra Mazumder, who had worked for Sadhu for 40 years and now runs a sweetmeat shop of the same name in the Kotowali Circle area.
"Due to the shortage of buffalo milk, we stopped producing rabri, para sandesh and khirsha a long time ago," he told The Business Standard.
Now he can sell around 100kg of sweets a day, all made of cow milk.
Vendors of sweetmeats and moisher doi (buffalo yoghurt) in coastal areas say the decline in buffalo population has hiked the cost of doing business.
"Because of the rising cost, we have to bring a change to the size of sweetmeat," said Rahul Saha, owner of Binoy Misti Mukh, a sweetmeat shop in Sandwip.
"There is also a difference in taste if we make roshogolla with cow milk. However, yogurt and sweetmeat are still in high demand for events like wedding ceremonies," he added.
"From 10kg buffalo milk we can make 2kg chhana (curd) while 10 kg of cow milk can make around 1 kg of chhana, the main ingredients of our sweetmeats. Each kilogram of buffalo milk sells for Tk100-130 while cow milk sells for Tk65-80," Rahul said.
"Sadhu in Chattogram and Siddheswari of Patiya were part of our culture," said veteran journalist Mustafa Nayeem who is from Patiya.
As an example, he pointed to literary chats that centred these sweetmeat shops and that have gradually faded with the decline of these sweets.
"Buffalo is related to our traditional economy and culture," said climate and environmental change expert Pavel Partha, noting that buffalo has an important connection to 4.6 crore coastal people's lives and livelihoods.
Not only is its milk used in sweetmeat, but buffaloes are sacrificed on occasions such as Orosh, an annual gathering of Muslim devotees. Additionally, yoghurt made from buffalo milk, which is served as a form of hospitality, has a prestigious geographical tradition just like Jamdani saree, shitolpati or hilsa fish, said Partha.
"But these products are fading from our society because of the impacts of climate change," he added.
Professor AKM Ahsan Kabir of the Department of Animal Science at Bangladesh Agriculture University, who has also researched on buffalo, said buffaloes are typically reared in coastal areas that are increasingly subject to erosion from rising sea levels and more saline water, which can harm their ability to produce milk and breed.
Cows, on the other hand, are reared in non-coastal areas and people are also importing them from India and Myanmar in legal and illegal ways.
"Coastal people mainly depend on buffalo rearing to meet their demand for protein and employment. So, the fall in buffalo population causes a cultural and commercial shift in the coastal belt of Bangladesh," said Prof Mizan R Khan, deputy director of the International Centre for Climate Change and Development at the Independent University Bangladesh.
Mohammad Mamun Shajada of Talshara Darbar Sharif, a leading shrine in Boalkhali coast in Chattogram, gave an example: "A decade ago, devotees used to donate around 70% buffalo and 30% other cattle. Now it is 30% buffalo and 70% other cattle as the buffalo population has fallen significantly."
Milk imports on the rise
The number of milk-producing buffaloes has fallen from 2,50,000 to 1,00,000 in the past 15 years, said Prof Md Omar Faruque, who also works as a consultant for the Department Livestock Services with buffalo development project 2.
With the fall, the contribution of buffalo milk to national milk production fell from 4% to 2% now, he added.
The decline has made Bangladesh more reliant on imports.
According to the Chattogram Customs House, in the last 10 years imports of powdered and cream milk have increased by 168%.
In 2011, Bangladesh imported 35,852 tonnes of powdered milk, spending around Tk1,220 crore through the country's premier port Chattogram. In 2020, around 96,011 tonnes of such milk were imported, spending Tk3,232 crore. It is increasing every year.
The story is based on a research under a grant fellowship of the Earth Journalism Network


text:
According to the Federal Board of Revenue (FBR), the authorities have collected over Rs. 230 million in revenue through the taxes on mobile phone imports starting from 15th January 2019.
The information was revealed by FBR official during the meeting of Senate Standing Committee on Information Technology and Telecom.
This year, to curb the menace of mobile phone smuggling, the government introduced DIRBS and made it mandatory for everyone to register their devices with PTA. Later in April, the authorities started to block unregistered smartphones which could only be unlocked by paying the taxes to FBR.
According to Chairman PTA, around 1.2 million mobile phones have been registered with the authority while 8.8 million of them are still non-compliant in Pakistan.
PTA Chairman has also disclosed that people are hesitant to register their phones over the fear of being asked to pay hefty taxes. The recent cases where a huge amount of taxes were imposed due to the reprogrammed IMEI number might have added to the anxiety of people who still own an unregistered cell phone.
Over the short course of time, both PTA and FBR have struggled with filling the loopholes in the system made to regulate mobile phone imports. After realizing that the data of airline passengers is being misused to register illegal mobile phones, the federal government withdrew the baggage rule exemption and made it compulsory to pay taxes on every single phone being brought into the country.
The authorities also introduced a two-step verification process to confirm the identity of the user to avoid the case of stolen identities. PTA with the help of FIA is also working on eliminating the fake registrations of mobile phones on the black market.
If you want to know the details of taxes imposed on mobile phone imports, click here.


text:
Engineers drive innovation in Germany. This is the result of a survey by the Cologne Institute for Economic Research (IW Köln) in cooperation with the Verein Deutscher Ingenieure (VDI, or Association of German Engineers). According to this survey the five sectors in Germany with the highest proportion of engineers among their employees produce innovations worth around 73 billion euros every year. This is equivalent to more than 60 per cent of the expenditure on innovations made by the entire economy. Merely 12 per cent of employees in Germany work in these sectors.
According to the study these five innovations sectors are technical services and services in research and development, the electrical industry, mechanical engineering, vehicle construction and IT/telecommunications. At 562 billion euros the companies in these five sectors generated around 45 per cent of all German export income from trade in goods and services in 2011. In addition, these branches of industry achieved a foreign trade surplus of 223 billion euros – 47 per cent more than the entire economy put together, because other sectors posted a foreign trade deficit. According to information from the VDI a total of 1.6 million engineers work in Germany’s companies.


text:
Today, Microsoft announced that it is planning to bring its Defender antivirus software to Android and iOS later this year. The Redmond-based company is developing apps for both mobile operating systems that are designed to provide antivirus prevention and a ‘full command line experience’. However, the company still doesn’t disclose exactly what the apps will do. But we will see its demonstration at the RSA Conference next week.
Also Read: Do You Have One Or More Of These 17 Android Apps? You’d Better Uninstall Them!
The move is also the latest effort to sell products to consumers who use other companies’ mobile products. In recent years, Microsoft has introduced Office to Android and iOS platforms, acquired the popular mobile keyboard application SwiftKey, and launched new mobile games based on Minecraft games. In fact, it acquired this company in 2014. Last year, Microsoft also launched its own dual-screen Android phone.
Gizchina News of the week
Although Apple and Google have scrutinized their app stores to prevent the emergence of malware, this has not stopped Microsoft from joining. Rob Lefferts, Microsoft vice president, said in an interview: ‘They’re pretty safe, but pretty safe is not the same as safe. Malware does happen on those platforms.’ Lefferts also said that more important thing is that mobile devices can expose people to phishing attacks. In short, Defender can help protect people from such attacks.
According to Microsoft executive Andrew Conway, the global security market is worth $80 billion. Microsoft launched its own anti-virus software, Windows Defender, in 2006 and changed its name to ‘Microsoft Defender’ last year. The company last year also introduced security-analytics tool called Azure Sentinel that competes with the likes of Splunk.


text:
Latest DoubleClick Stories
Facebook is reportedly in "serious" talks to acquire Atlas Solutions from Microsoft, a move that would expand the social network’s advertising business by allowing it to display ads on other websites.
Online search giant Google is hoping its social marketing will likely spread like an out of control blaze, and jumped back into the fray with its acquisition of Wildfire.
Microsoft officially admitted this week to the failure of its push into digital advertising by announcing it would take a $6.2 billion accounting charge in its online services division for a failed acquisition of aQuantive.
- A serpent whose bite was fabled to produce intense thirst.


text:
48North Cannabis Corp (OTCMKTS:NCNNF) has turned bullish after a rollercoaster 2018 that saw it shed a significant amount of market value. The stock continues to outperform the overall cannabis sector, thanks to a solid upward momentum that is showing no signs of exhaustion.
Share Price Analysis
The stock is already up by more than 100% for the year having also breached a critical resistance level on its way to record highs. A spike in share price, as well as trading volume, comes on the company launching cannabis accessories brand F8. The company is also fresh from inking retail supply agreements with Ontario Cannabis store and Tokyo Smoke as it continues to pursue new revenue opportunities.Market sentiments have also inched higher on the company providing a positive outlook for 2019. The company says it is on course to drive industry innovation as well as create new products and experiences all in the effort of pursuing revenue opportunities in the multi-billion industry.Recent developments have helped shore the stock’s sentiments among investors depicted by high turnover in traded shares. After the recent spike to record highs of $0.92, 48North Cannabis looks like pullback plays from current highs. NCNNF Daily ChartPullbacks should experience strong support at the $0.80 level, where the stock looks set to attract more bullish momentum and continue powering high. Sell-offs followed by a close below the $0.80 level would leave the stock susceptible to further drops to the $0.60 level, the next substantial support level.However, the stock looks set to continue climbing the ladder given the strength of the upward momentum, bullish momentum in the overall sector as well as improving fundamentals.
What Does 48North Cannabis Accessories Do?
48North Cannabis Accessories is a vertically integrated cannabis company focused on the production and distribution of cannabis products for the health and wellness market. The company also develops its own formulations as well as manufacturing capabilities for proprietary products. It also operates two indoor-licensed cannabis production sites in Ontario.
Why is 48North Cannabis Accessories Skyrocketing?
48North Cannabis is skyrocketing on unveiling a new line of cannabis accessories dubbed F8. The new product line is designed to offer aesthetic and functional produces for redefining the relationship between cannabis products and accessories involved.The F8 brand will be solely available online at the Ontario Cannabis Store and Tokyo Smoke retail locations across Canada.
"This is the first generation of consumers for whom cannabis is legal, and it is time for accessories to come out of hiding. That is why 48North created F8, a cutting-edge cannabis accessories line that we can feel proud to display, a line of purposeful, versatile and beautiful accessories that bring cannabis accoutrements into highly designed spaces," said Kirsten Gauthier, Chief Marketing Officer of 48North.
In addition to coming up with new cannabis products, 48North Cannabis has also set sights on strengthening its cultivation capabilities. The company has submitted site evidence package to Health Canada as it seeks to gain approval for a 100-acre outdoor cannabis cultivation facility in Brant County Ontario.Approval of the new facility should help supplement cannabis cultivation operations at the 48North’s 5,000kg indoor growing facility in Kirkland Lake and Brantford Ontario. The company is planning to cultivate 40,000kg worth of dried organic cannabis as it looks to cement its position as an industry leader on the development of next-generation cannabis products.
“48North is excited to be leading the way on outdoor cultivation and are committed to developing a best in class licensed farm. 48North's outdoor farm provides a substantial source of production which can meaningfully assist in solving the current supply shortage facing the regulated cannabis industry," said Jeannette VanderMarel, co-CEO of 48North.
What Next For 48North Cannabis
48North Cannabis is an attractive breakout play if recent price action activity is anything to go by. The stock has already breached its 52-week high all but affirming renewed investor interest. The stock should continue to surge on investors taking note of the company’s revamped product line as well efforts by the company to strengthen cultivation capabilities.After the recent spike higher, it might be wise to wait for pullbacks if one doesn't have a position yet. Longer-term, the stock should continue to edge higher on management executing the company’s growth strategy.We will be updating our subscribers as soon as we know more. For the latest updates on NCNNF, sign up below!Disclosure: We have no position in NCNNF and have not been compensated for this article.


text:
Apple has been testing TV sets with Asian suppliers, suggesting the US giant may be getting closer to adding a long-rumoured television to its current line-up, reports the Wall Street Journal.
According to the publication, which cited anonymous sources, Apple has instructed its long-time supplier Foxconn, which is known for making iPhones and iPad in China, to test possible TVs.
Foxconn has recently expanded into the market for large high-resolution TVs after investing in a Japanese LCD factory that used to be owned by Sharp, giving further weight to a possible collaboration with Apple.
Apple has been in talks with cable television operators in the US about building a box that would carry live television, according to anonymous sources.
The company's CEO Tim Cook has suggested in recent interviews that the firm's quest to make TVs has progressed beyond a "hobby", saying "it's an area of intense interest".
There have been repeated rumours over the past year that the tech titan is on the cusp of releasing its own TV range. Its current £99 Apple TV set-top box sold 1.3 million units in the quarter ending in September.
Industry insiders predict that if Apple does release a TV, it will most likely resemble its recently launched Apple 27in iMac.


text:
Vogue Poland hasn’t exactly been on our must-read list this year. But the Polish fashion bible is making sure it closes out 2020 with a bang. We love when publications support homegrown talent so we’re thrilled to see Polish beauty Anja Rubik land a trio of December 2020 covers. Making a bold and powerful statement, Anja photographed herself for the covers fighting for women’s rights and protesting the recent abortion ban in her native country.
The above cover was the first to drop. “A powerful cover. Go Anja!” raved Nomar.
“What a statement. The most powerful cover I’ve seen this year. There’s no one better than Anja to star on such a cover. I have so much respect for her. Incredible!” applauded Valentine27.
“Beautiful and powerful at the same time. This is how activism and fashion intertwine,” THD96 chimed in.
[ Not a tFS forum member yet? Click…


text:
A day after patriotic pride was stoked by the arrival of a new heir apparent, John Lewis has announced its intention to step up support for British businesses.
The department store giant has pledged to target an increase in sales of British-made goods by 15 per cent over two years. Last year it sold £480m worth of British goods, a 9 per cent increase on the previous year. It currently stocks around 10,000 British products, a fraction of its total range.
This announcement is one of many in recent years capitalising on a resurgent tendency for consumers to buy domestically produced goods.
From food to clothes and homeware, buying British is increasingly trendy. Despite the increasing ease and low costs of manufacturing overseas, a number of factors have converged which have caused this phenomenon.
The state of the economy has been on everybody’s lips since 2008, so consumers are increasingly conscious of how they can help with the recovery. Though British products may cost more, consumers
With food, as well as supporting local farmers, consumers are increasingly choosey about their country of origin, with out of season fruit and veg and non-British meat becoming increasingly over-looked.
People are also becoming aware of the costs of globalisation. The collapse of a clothing factory in Dhaka, Bangladesh, last year, which killed 1,100 people, made people think a lot more about where their products come from.
It’s not just bigger businesses capitalising on this, as the recent decision by SME bathrooms.com to repatriate 25 per cent of its manufacturing demonstrates.
The firm says bringing manufacturing back to the UK will allow it to be more responsive to customer demands and market trends, with an ability to design and produce new products within a matter of weeks.
Lucy Powell, buying director, says: ?Understanding the pros and cons of both overseas and domestic and source products from both locations was the tipping point for the decision.
?Entry level products with low design cues are likely to be more effectively manufactured overseas but high end design which one wants to bring to market quickly has a number of advantages through British manufacturers.


text:
This week on Cult of Mac’s podcast: After new Twitter CEO Elon Musk began publicly questioning some of Apple’s policies, he went mano-a-mano with Tim Cook. Maybe Musk’s meme-y declaration of war was a bit premature …
Also on The CultCast:
- The sad state of iCloud storage.
- A Twitter phone? Really?!?
- 2023 MacBook Pro benchmarks reveal a big fat surprise.
- A totally weird tale about the dangers of walking the streets of New York City with hundreds of iPhones.
Listen to this week’s episode of The CultCast in the Podcasts app or your favorite podcast app. (Be sure to subscribe and leave us a review if you like it!) Or watch the video live stream, embedded below.
The CultCast live stream archive
This week’s top Apple news
Here are the headlines we’re talking about on this week’s show:
- Elon Musk declares war on Apple
- Elon Musk might release a Twitter phone
- Elon Musk admits Apple never planned to kick Twitter out of iPhone App Store
- iCloud Storage Over the Years (graph from Basic Apple Guy}
- Leaked 2023 MacBook Pro benchmarks show it’ll support much more RAM
- Why walking the streets of NYC with 300 iPhones is a bad idea
This week’s sponsors: Squarespace and CultCloth
- Squarespace gives you all the tools you need to set up your very own website and commence selling anything online. Start your free website trial today at squarespace.com/cultcast (no credit card required). Save 10% off your first purchase of a website or domain with code cultcast at checkout.
- Get the only cleaning cloth you need: CultCloth!


text:
Scooter recently tracked down New York City-based mom and children’s luxury lifestyle designer Bonnie Young for a little Q&A on her the story of her brand and how she raises her two kids (Celia and Brando). Founded in September 2006 while Ms. Young worked as Senior Creative Director for Donna Karan Collection, her namesake label offers fanciful fashion and lifestyle products for children ages 0-16.
Now, with a freestanding boutique in Aspen and a retail presence at Harvey Nichols, Bon Marché and boutiques around the globe in posh cities like Milan, London, Paris, and Dubai, the Bonnie Young label has attracted an A-list clientele including Julianne Moore Kate Hudson, Dakota Fanning, Rachel Weisz, Angie Harmon, Courtney Cox, and Goldie Hawn.
Here’s what we found out. Read More


text:
It appears that Kanye West might just be thinking of bringing YZYSPLY to physical retail stores as new trademark filings by his company have surfaced.
First noted by TMZ, trademark filings from the rapper now formally known as Ye's Mascotte Holdings Inc. have mentioned that legal team is laying the foundation to expand YZYSPLY from "online ordering services" and "online retail store services" to physical "retail stores" and "retail store services." The filing, which dates back to June 29, also notes that the brand will focus on a broad range of clothing and accessories, including everyting from lingerie, to t-shirts to footwear, hats and more. The items can be confirmed on the United States Patent and Trademark Office online.
While patent and trademark filings do not mean that these could be the official future plans for the company, it does indicate that the Ye could be thinking to grow its business in multiple directions, covering all the grounds for an expansive reach. Ye recently appointed Steven Smith to be the head of Donda Industrial Design, as he continues to forge his way in the fashion and footwear industry. Stay tune for more of this story to unfold.
In case you missed it, watch Kanye and the Game perform "Eazy."


text:
The Human Rights Campaign Foundation has named McKesson as one of its “Best Places to Work for LGBT Equality” for the third year in a row, and has been recognized for fostering health by the National Business Coalition on Health.
In addition to its 136% increase in sales (the result of Family Dollar sales’ inclusion for the first full quarter), Dollar Tree opened 204 stores and expanded or relocated 63 other locations.
In a Q3 that saw a 14% increase in sales, Fred’s reported earnings that show a marked improvement over the company’s performance last year.
E-commerce is seeing consumers shift away from desktop shopping and toward a mobile experience.
The 2016 CEI rated 851 businesses in the report, which evaluates LGBT-related policies and practices.
GNC pulls USPlabs products off shelves following Department of Justice action taken Wednesday.
Walmart on Friday named George Riedl as SVP, president Walmart Health and Wellness, reporting to Michelle Gloeckler, Walmart EVP consumables and health and wellness.
As sparkling water gains a foothold in the beverage category, Coca-Cola has decided to dip its toes in, as MarketWatch reports that the drink maker plans to sell a carbonated version of its Smartwater. The company plans to start small, offering the water in New York City restaurants, hotels and stores in November with a wider distribution in 2016, according to the report (MarketWatch)
Marianne Wilson, editor in chief of Drug Store News’ sister publication, Chain Store Age, has outlined her 10 favorite stores that have opened in New York in 2015. Today we’re sharing her picks with our readers.


text:
KEASBEY, N.J. — Wakefern Food Corp. here on Thursday announced a new company — Thompson Food Corp. — had joined the retail cooperative and would reopen a former ShopRite store in Uniondale, N.Y., later this year. Thompson Food Corp., the 47th member of the Wakefern co-op, is led by Kenneth Thompson, a 45-year veteran of the supermarket industry who most recently was senior vice president of operations for Penn Traffic Co. Thompson is also a former president of Waldbaums, a former ShopRite ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.


text:
After succesfully implementing Android One project in the Asian countries such as India, Sri Lanka, Nepal, etc, Google is bringing its project to Europe. Turkey is the first European country where Google launches an Android One-based smartphone. Dubbed General Mobile 4G, the smartphone is quite remarkable.
General Mobile 4G feature a 5-inch 720p IPS display, which is protected by a sheet of Gorilla Glass 4, it comes equipped with Qualcomm’s 64-bit Snapdragon 410 processor clocked at 1.2Ghz, it has 2GB of RAM, 16GB of built-in storage, 13MP main camera, 5MP in the front, runs Android 5.1.1 Lollipop (Google will provide the software updates for the next couple of years) and it is compatible with 4G LTE networks.
The General Mobile 4G will go on sale May 15 in Turkey for 699 TRY, about €235, £170.