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As technology continues to foray into the most intimate of human experiences, consumers and businesses alike are witnessing massive disruption to the conventional way of doing things.
A prime example of an industry disrupted by technological innovation is the restaurant industry. While the current food ordering process only takes a minute of scrolling past a food ordering application, yesteryear food aficionados had it very different.
You had to choose from a select few of the restaurants that delivered to selected destinations and call them using landlines. Eventually, a rider would arrive with the only option to pay in cash.
An industry that once prided in the atmosphere of its dine-in experience, the cordiality of its takeaway representatives and the location of premises has now been reduced to a supplier status – thanks to the rapid rise in the number of online ordering platforms such as GrubHub, UberEats and Doordash.
The Rising Growth Of Online Ordering Platform
The advent of the sharing economy has earmarked a significant event for the world. No business is left untouched by the impact of this significant breakthrough, and certainly not the restaurant industry.
While the first instances of food delivery date back to thousands of years, the modern online ordering platform model banks on the same idea: providing restaurant-made food for people who are not willing to leave their homes and travel to dine.
And the people here represent a significant chunk of millennials who want to enjoy premium cuisine but from the comfort of their own couch. The first online ordering platform opened up in 1995 and the industry has seen massive growth since then.
Renowned companies, like GrubHub and Seamless, joined the industry in the early 2000s. To make matters more competitive, DoorDash and Uber Eats joined in 2013 and 2014 respectively. The growing number of competitors is a testament to the growing potential of the online ordering platform industry.
The option to view multiple restaurants affords consumer choice, and the promise of swift delivery further seduces the consumer’s quest for convenience. The abundance of food choice, paying through credit and doorstep delivery combine to become a service that millions of individuals around the globe rely on a daily basis.
The growing demand reflects the growing market cap. Statista estimated revenue in the online ordering platform segment to $94.385 billion in 2019. It estimated revenue to show an annual growth rate (CAGR 2019–2023) of 9.3 percent, resulting in a market volume of $134.49 billion by 2023.
The top three of the online ordering platforms, namely Grubhub, DoorDash, and UberEats, enjoy the bulk of this increased demand. According to a survey conducted in September 2019, the three online ordering platforms combined catered to about 84% of the entire meal delivery market of the United States.
While this statistic provides an insight into how the efficacy and an extensive network of these delivery services have benefitted the population at large, the other side depicts a horrifying picture for the third party involved in the industry: the restaurant owners.
As major food ordering platforms continue to assert their dominance and leverage it for an unfair advantage, it is the restaurants who are facing adverse consequences.
How GrubHub, UberEats, And DoorDash Are Costing Restaurants
When online food marketplaces first came to the scene, they benefitted both the consumers and the restaurant businesses. While the consumers benefitted from increased convenience, businesses found out they could deliver food without investing in their own delivery service and related logistics.
However, as these online ordering platforms have grown in market share in recent times, restaurants have seen themselves on the receiving end of this rise in food delivery practice. The intense competition in the industry has already afforded consumers to choose between a wide array of food ordering options.
Some cuisines that were previously considered ‘niche’ are now commonplace delivery items, such as Greek and Thai ethnic cuisines. This has already forced the price levels enacted industry-wide to fall down in recent times, in order to cater to a larger target audience.
The rising trend of food delivery has further complicated matters for restaurant owners. With more than 1 million restaurants vying for a place in the consumer order through these applications, such marketplaces have been afforded a lot of power, which enables them to decide who gets more orders and further charge excessively high commissions.
Ever-Increasing Booking Fees
One of the gravest concerns restaurant owners have regarding these increasingly dominating online food marketplaces is their excessively high booking fees which leave little for the businesses to take home.
According to the New York Post, UberEats demand a significant 30-35% cut of every bill that goes through their portal. While this may (rightfully) seem excessively high, this is the norm within the industry.
Other industry competitors, such as Grubhub and Seamless also take away a considerable chunk of your profits with commission rate ranging between the 12-24% bracket. Other brands such as DoorDash, Postmates, and Caviar don’t lag behind – asking for commission rates as high as 25%.
When taken in perspective, this is a very large percentage to absorb for an industry where profit margins are very low. Several industry-leading reports have outlined how the restaurant industry continues to struggle with increasing overheads and decreasing amount of consumers willing to come in and dine.
According to UpServe, the profit margin for the entire industry as a whole is around 3-5%. For individual eateries, this percentage can range from as low as breaking even to 15% profitability. When you add in sky-high commission cost from the big food ordering marketplaces, the restaurant is effectively operating at a loss.
In another survey by the Restaurant Report, food and labor cost restaurants approximately 50-75% of their total costs. For a $10 food item, you are paying $5 for food and labor and $3-4 for having the food delivered to the destination.
So now you have $2 left to factor in the various overhead expenses which involve utilities, rent, spoilage, and various other expenses. Even if you factor in the increasing business that is coming your way, you need to realize the fact that online ordering platforms are essentially taking business away from your core function: dine-in customers.
With a survey revealing that forty percent of food orders replace the one that would otherwise be eaten at a restaurant – restaurants are effectively incurring a loss at a service that is further deriving business away from their joint.
While this may make economic sense if such food ordering marketplaces were profitable, but that is not the case with UberEats, Grubhub and DoorDash. As the owner of Mulberry & Vine puts it: “We know for a fact that as delivery increases, our profitability decreases.”
There have been various lawsuits filed against these marketplaces. These lawsuits are usually filed by restaurant owners who are tired of the shady tactics these companies apply to charge more from such small-time restaurants.
One such lawsuit was filed by Munish Narula, owner of the ‘Tiffin,’ which operates in Philadelphia. This lawsuit was filed against one of the most famous online ordering platforms, Grubhub. And the details reveal the murky business these platforms deploy in order to charge extra.
Before getting into the details of the lawsuit, it is important to understand the background of the various charges these platforms apply. One such extra charges are levied on calls, where calls that are routed through the Grubhub app are treated as order calls and documented as such.
Once a restaurant chooses to enlist in the Grubhub application, the company assists them in setting up a new, independent POS and a cellphone. An additional POS and cellphone mean additional work on the existing workforce, and thus reduced efficiency. But there’s more to the story.
The appointed phone number is what is displayed on Grubhub’s site and application. Once the customer places a call, Grubhub makes use of an algorithm which determines whether the call is an order call or non-order call. This is where the caveat lies.
According to the plaintiff, Minush Narula, Grubhub is charging them as much as $9 per call for non-order calls. For a hustling restaurant, this translates to hundreds of dollars’ that are being charged regardless if an order is made or not. Nonsensical, right?
While the platform blatantly denied the accusation, the growing shadiness of such tactics has left restaurateurs searching for alternatives to GrubHub or consider dropping the delivery component of their business altogether.
Dubious Contractual Terms
If unfair high commission rates and levying vague charges on consumer calls were not enough, restaurateurs are required to conform to suspicious contractual terms that are offered by such online ordering platforms.
From a practical perspective, the restaurant is required to prepare and cook the food whereas such ‘delivery partner’ is responsible for the logistics and safe delivery of the food to their respective destinations.
However, a deeper look into such contracts reveal how such online food marketplaces mystify their contracts under complex and jargon-infused terminology to confuse restaurant business owners. In reality, this tilts the entire responsibility of the entire food ordering process on the restaurant.
Let’s take UberEats for instance. As one of the fastest-growing online ordering platforms, UberEats is one of the most popular delivery providers consumers refer to. However, that’s not what their contract states:
According to an article on ABC News, one of the most primary terms state that: “You acknowledge… Uber is a technology services provider … and does not provide any delivery or logistics services.”
Ironically, a company that does not provide any sort of delivery or logistic service is entitled to a 35% commission on every food delivery made by the restaurant. And that is just scratching the surface.
Despite Uber completely waiving off anything to with ‘food delivery’ in its contract documents, as soon as you access the UberEats website you are greeted with this:
The website is replete with direct references to delivery services and just how much they love delivering your favorite food to you. Such dubious terminology shifts the entire responsibility focus on the restaurants, where in reality, restaurants have zero control over the delivery partners responsible for transporting food.
Yet another controversial term in the contract is that the online ordering platform requires partnering eateries to accept that the ‘delivery partners are our agent.’ Simply put, they want restaurateurs to hold the sole responsibility of the food delivery drivers.
In reality, restaurants have no authority over the delivery routes or work schedule of such drivers who simply operate through the application guidelines. Even for the drivers who operate through the UberEats application, they are required to sign a contract that explicitly states that they are “… not an employee, subcontractor or agent of Uber.”
Why does Uber go to such great lengths to distance itself from any authority over the entire process or delivery people in its contracts?
The answer is simple: to avoid any responsibility if there is a mess up anywhere in the entire process. What if the food reaches the consumer either cold or in a state that it should not be in? Because UberEats has shirked all responsibility, the onus of the refund falls on the restaurants.
Acts like these adversely impact the already-strained relationship UberEats shares with its food partners – the restaurant business owners. Gradually but certainly, the divide grows to the extent that either the restaurant has to close down its delivery service or look for an alternative to UberEats.
Food Ordering Marketplaces Are Forcing Restaurants Out Of Business
Restaurants are wooed by the promise of the increased exposure such applications can afford to their businesses, particularly small-sized restaurants that don’t have the budget to market on a wide scale.
However, once they get involved in the process they find out that these online ordering platforms are not adding to their bottom line. In fact, as some eateries found out, they are actually taking away from your business.
One such victim of these marketplaces was the San Francisco-based Gaslamp Café. A hustling café which was renowned for its quality and taste couldn’t cope up with the heavy cuts levied by these delivery places.
In the end, it had to shut its doors down in February 2019. But they did convey their frustration through a sign they posted outside their now-closed restaurant: “Ordering online does more damage to businesses than it helps. Any profit from sale is stripped away by the fees they charge the restaurant, which leaves only enough to cover the cost of food.”
And it is not just the small and medium-sized companies that are finding out the harsh reality behind these online food marketplaces. Even industry giants like McDonald’s have dumped these food delivery vendors.
This begs the question – when restaurants operating on a scale as big as McDonald’s fail to derive positive ROI from these platforms, then why are restaurants still using them?
Here’s why – while popular online ordering platforms like Doordash, Grubhub and UberEats continue to fuel their growth at the expense of medium-sized restaurants, the eateries cannot afford to close doors at this increasingly important part of their business.
60% of US consumers order food delivery at least once a week, with 31% stating that they use third-party online ordering platforms at least twice a week. The online food ordering phenomenon has grown at an exponential rate in the past decade, approximately 300% faster than dine-in traffic.
For a restaurant to operate in the modern business environment, offering food delivery services is a prerequisite to expose yourself to the highly delivery-geared target audience.
This is where the problem arises. While food delivery remains a necessary service, the major food ordering marketplaces are actually having an adverse effect on a restaurant’s business. What is the way out for restaurateurs? The solution lies in opting for an alternative for DoorDash, Grubhub or UberEat.
Download a free ebook and see how to negotiate cooperation with online ordering platforms.
The Solution: White Label Food Ordering Services
With the overwhelming majority of consumer’s content to order food online, restaurants need a delivery solution that prioritizes their business and benefits their bottom-line. This is where UpMenu comes in.
As one of the leading white-label online food ordering system providers, UpMenu offers restaurants a financially viable and sustainable alternative to food ordering platforms such as UberEats, Grubhub and Dashdoor.
When looked from a restaurateur’s perspective, not only do you save the money that was going from your own pocket when dealing with other online food marketplaces, but the additional features offered by UpMenu will allow you to scale further.
How Does UpMenu Help Your Restaurant Business?
Basically, what UpMenu does is allow restaurants to build their own brand presence on the internet. Your consumers benefit from a customized experience and you increase your brand awareness through your very own online portal.
Here are a few ways UpMenu can give your restaurant that much-needed boost:
Cater To Online Orders
Online delivery and takeaway is the undisputed business model of the modern-day restaurant business. With 63% of customers stating that they prefer having food delivered to their homes instead of dining in with their family – it’s safe to say that eateries must cater to the rising online demand for food.
While online food marketplaces like DoorDash charge excessively high commissions and deploy shady tactics, UpMenu allows you to create your online portal from the ground up. No need to integrate external portals or change your POS systems, with UpMenu you can integrate a highly interactive menu on your website itself.
With the industry trend shifting drastically towards smartphone applications, UpMenu allows its partners to create iOS and Android native applications as well.
Additionally, 70% of consumers state that they would rather order from the restaurant itself instead of relying on third-party online ordering platforms. This makes it obligatory for restaurants to be where their consumers are – online.
Build A Consumer Database
Having an organized consumer database is one of the most important aspects when it comes to the promotion and advertisement of your restaurant.
With the help of a database, you can send highly targeted marketing messages to people who are familiar with your business – leading to considerably high conversions when compared with advertising to the general public.
With UberEats, Grubhub, etc., the platforms keep sole possession of all consumer-related information. That allows them to develop a highly targeted database which they exploit to promote and enhance their own brand.
With UpMenu, as your customers continue to place orders, the system continues to curate a consumer database for your business that you control! For small and medium-sized restaurants that do not possess the means to market and promote, this database provides them a cost-effective way to market their brand to their target audience.
Advanced Marketing Options
What is the use of a database if you’re not using it to disseminate your restaurant-related promotional messages? With UpMenu, you don’t need to invest further money in email marketing software.
UpMenu provides you a broad range of marketing services in-built into the existing system. That means as consumers continue to order through your online portal, the system continues to create a consumer database and further allows you to send promotional messages from the same place.
While you can use popular communication channels, such as SMS marketing and email marketing, UpMenu also allows you to increase visibility by promoting your brand through push notifications for consumers who have downloaded your application.
Got a new item that you want consumers to try? Promote it with people who already like your restaurant and have signed up for your newsletter in an instance. With UpMenu, all it takes is one click.
Increased Promotional Efficiency
From fine-dining cafes to fast food joints, no business in the restaurant industry can claim to function without a promotional strategy in place. Sometimes they are in the form of loyalty cards, vouchers or discount coupons.
One of the most frequent grievances consumers have from restaurant websites is the lack of promotional services on offer. With UpMenu, you can create various promotional strategies that can help build loyalty, provide more satisfaction and ultimately improve your bottom-line.
Here is a glimpse of the several promotional strategies available:
Discount On Certain Items
Do you want to increase the sale of one of your food items? Maybe you want to remove it and want to get rid of the already-bought inventory?
With UpMenu you can offer such items or entire groups for discounted rates without any complications.
Discount On Items And Amounts
If you want to increase your AOV (average order value) and want consumers to order more than just one selected dish, UpMenu allows you to offer discounts for every second product that is added to the cart. Additionally, you can also configure discounts to apply when the total bill exceeds a certain amount.
Online ordering platforms vs UpMenu costs
Food marketplaces have several subscription levels. To see what the costs might look like, we’ve included several commission levels for them in a table. Assuming that each order costs an average of $20, for several levels of sales volume the commission is as follows.
Please note that these are only monthly costs. Raising them to the scale of a full year would be much, much higher.
For an alternative such as an online food ordering system on a restaurant website, you will pay one fixed fee. The more your customers order, the more you earn, not pay.
Having your own online food ordering system means huge savings. With even the fewest orders you can save $6,552, and with the largest as much as $37,632!
Your own online orders on a restaurant website or in a mobile app cost many times less than via a food portal. It is simply not worth basing your online sales strategy on cooperation with the portal.
How to set up a white-label online ordering platform?
- Create a white-label platform account
First, you have to choose the provider of your ordering system.
Here you can register for UpMenu free trial and start selling in 5 minutes.
- Select theme for your website
UpMenu creator lets you choose both website and menu layout. Compose design that fits your brand unique style.
- Create an online menu
Add your restaurant carte to the site, or create an entirely new menu for online customers.
- Draw your delivery zones
Different white-label online ordering platforms offer various methods of determining the optimal delivery area. With UpMenu you can easily set up a delivery zone by drawing on a map.
- Install online ordering on your website
- Configure & order mobile app
With UpMenu account you can order and customize a mobile app for your restaurant brand. Upload your logo, choose colors and layout to create recognizable online signposts for your restaurant brand.
- Start receiving orders
You can receive online orders through any web browser or by a dedicated mobile app.
As food delivery continues to become a must-have offering for every restaurant, restaurateurs are having a hard time choosing between the major online ordering platforms. With sky-high commission rates, dubious contracts and no access to consumer data, working with such platforms has adversely impacted thousands of restaurants.
Check all food online ordering platforms alternatives for:
On the flipside, UpMenu offers a white-labeled online ordering platform that allows restaurants to not only take control back from such marketplaces but also leverage additional features that can elevate their restaurant to the next level.
In addition to the features discussed already, UpMenu allows restaurants to cross-sell, up-sell and create a highly effective loyalty program. This provides a complete growth package for restaurants that creates a loyal group of consumers, while also appealing to the ones that are yet to convert.
With low-profit margins and increasing competition, restaurants must undertake proactive measures to cater to the ever-growing demand for food delivery. With a white-label online ordering system such as UpMenu, restaurants can enhance their visibility and scale their business considerably.
According to experts, a 3rd party online ordering platform fees can take up to 30% percent of every bill that was acquired through service.
Not to mention the total lack of control over your online presence and shady practices you would be prone to.
White label food ordering service is the best answer to this question.
It gives you a financially sensible and sustainable alternative to 3rd party platform. You will also retain full control over your online presence and marketing. Additionally, the UpMenu solution offers options to cross-sell, up-sell and maintain various loyalty and promotion programs.
– Help you answer public demand for online ordering service by providing viable resolution with mobile app support, that you have full control over.
– Help you build up and cater to Consumer Database.
– Gives access to re-marketing tools and platforms.
– Increases the efficiency of promotional campaigns.


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Together, Toyota Ghana and the University of Ghana (UG) officially opened the $1 million School of Engineering Sciences Training Center and a new Toyota branch in Legon. Toyota Ghana provided considerable support for both projects.
Three updated lecture halls, a 40-computer computer lab with a 3D printer, and a training workshop with car simulators, test rigs, and hydraulic vehicle lifts are all part of the Training Center’s amenities.
The Legon Toyota branch also has a vehicle delivery facility, a body and paint shop, a service shop, and a sales area for spare parts. In addition, Toyota Ghana has given students transportation to and from the Center using a 30-seater Coaster bus. As part of its agreement with the University, Toyota Ghana will also fund $100,000 in scholarships and $2 million in engineering equipment over a ten-year period.
The company’s dedication to Ghana’s industrial development and its goal of implementing significant projects in the fields of health, education, the environment, and road safety within the communities it serves were underscored by Mr. Kohji Yanaka, Managing Director of Toyota Ghana.
The goal of the collaboration with the university is to give students real-world knowledge and experience to supplement their

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Carlsberg, which estimates that half its net sales now come from Eastern Europe, says that although it expects business to be flat in the coming year, it remains committed to its growth strategies in these markets.
Although the brewer claims to be gaining market share in the area and expects to weather the economic downturn through subsidiaries like Baltic Beverage Holdings (BBH), one analyst group believes short term loss should be expected at the very least by the industry.
Declines in 2009
In looking ahead at predictions for 2009, the financial analyst suggested that some industry claims that Eastern European demand for beer would remain flat seemed ambitious. By comparison it claimed that single digit falls in sales were more likely to occur during the next nine to 12 months.
The analyst group, which asked not to be named due to its work with the brewing industry, told BeverageDaily.com that slowing demand was being felt across the region in relation to a falling gross domestic product (GDP) in certain markets.
The claims come as the predicted high growth markets of Eastern Europe begin to struggle in the economic downturn, leading some Western European neighbours to consider further financial support to protect their interests.
On Saturday, Agence France Presse reported that some EU leaders had agreed to a package that would double the potential amount of loans being offered to Eastern Europe to €50bn in a bid to keep markets afloat.
Although the analyst said that concerns over beer growth could potentially reflect the seasonal nature of the market, the impacts of the economic downturn were expected to continue through the current year.
The group said that a number of markets linked to strong growth in beer sales during recent years, such as Romania and Hungary, were recording demand declines, along with Russia and potentially Poland in the future.
Russia, which along with Poland are seen as the two most significant markets in the region regarding size, had seen background inflation that has led to brewers passing on increased costs to consumers and stakeholders, said the analyst.
The group added that this problem had been further compounded by a difficult Russian wholesale market, where suppliers were unwilling to offer credit to secure increased beer volumes on the market.
While the difficulties on the Eastern European financial market could discourage multinationals investing further in the region, the analyst claimed that brewers were expected to sit out short-term difficulties before considering drastic policy changes.
Carlsberg, which, according to the group’s own figures, holds the largest market share in Russia through the Baltika brand of beer, accounting for 38.3 per cent of national beer sales in 2008, matched these sentiments.
With the company expecting to strengthen its presence in Russia in coming years, the brewer said it was preparing to last out the potential impacts of the economic downturn in the region and had strategies in place.
During its financial reporting for the 2008 fiscal year, the company said that sales in the region had increased by 20 per cent on an organic basis, due predominantly to its operations in Russia.
Although the company conceded at the time that beer was resilient to economic downturns, it was not completely immune to the impacts of pour economic conditions.
In looking ahead though, Carlsberg said that premiumisation towards higher-end brands was expected to continue.


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There’s no denying that air cargo is a vital part of the global economy, responsible for the rapid and efficient transportation of goods around the world. Recently, the industry has faced various challenges, from rising fuel costs and increased competition to the long-term ripple effects of the COVID-19 pandemic.
As we look to the year ahead, we believe there will be several key trends to keep an eye on, which will influence not only how the industry operates, but how it serves its customers too.
No slowing down when it comes to ecommerce volumes
The growth of ecommerce has had a significant impact on the air freight shipping industry. With more and more people turning to online shopping, the demand for fast and reliable delivery of products has increased significantly, and air cargo is naturally well suited for this logistic challenge.
For example, according to research from IATA (the International Air Transport Association), the annual value of global e-commerce sales was initially forecast to exceed US$4.4 trillion by 2025, but in fact reached this milestone in 2021. The new estimated forecast for 2025 has now grown well beyond past predictions, to reach US$7.4 trillion.
Interestingly, ecommerce has driven a shift in the types of cargo being shipped by air. In the past, air freight was primarily used for shipping larger quantities of goods, such as pallets of products or full container loads. However, the rise of ecommerce has led to a surge in the demand for small package delivery, as more and more consumers purchase individual items online.
What’s more, while traditional air cargo has typically consisted of high-value, time-sensitive items such as electronics and pharmaceuticals, ecommerce has contributed to a wider range of goods being shipped by air, including clothing, home goods, and even food and beverages.
One of the key challenges for the air cargo industry in handling ecommerce volumes is the need for speed and flexibility. These orders often need to be delivered quickly, and the air cargo industry is responding by implementing measures such as specialized cargo terminals, which are equipped with advanced sorting and handling facilities to process smaller, time-sensitive packages more efficiently.
The good news is we are yet to see a ceiling for ecommerce penetration, and as a result, many airlines will continue to adapt to the ecommerce model to ensure longevity and diversify their revenue streams.
Smart airlines will use technology to differentiate themselves
Inflation, consumer spending and inventories all impact the volume of cargo carried by air and have proven to be less predictable since the pandemic. Many argue that the air cargo industry has lacked comprehensive digital integration for too long, and that a focus on digitalization will enable stakeholders to be more agile and better adapt to these rapidly changing market conditions.
Clearly, end-to-end digital processes have the capacity to transform the air cargo industry, and are expected to continue to improve efficiency, reduce costs, and increase transparency in the months and years ahead.
An example is the ability to dynamically search for capacity and rates and then action direct electronic bookings (eBookings) in real-time. While fairly simple in theory, it's likely to become an even more prevalent alternative to manual, traditional methods of booking cargo space on an aircraft.
That's because eBookings enable faster and more efficient booking processes, as all information is entered once at the source and then transmitted electronically. Operators no longer need to wait in telephone queues or for someone to respond by email. Rather, forwarders can facilitate their booking, direct from their operating system, and at a time that suits them, eliminating many error-prone, manual processes.
Improved communication is also a key benefit of eBookings, as all booking information is stored in a central location that can be accessed easily and at the touch of a button. Additionally, real-time updates allow users to know whether all legs have been confirmed, or if there is a pending request for a particular or multiple transhipment legs.
Sustainability takes flight
While the airline industry overall has long acknowledged its role in contributing to global greenhouse gas emissions, there is a growing focus on sustainability to reduce its environmental impact and address concerns related to climate change.
For example, members of IATA, which represents around 300 airlines carrying approximately 83% of the world’s air traffic, have committed to achieving net-zero carbon emissions from their operations by 2050. This pledge brings air transport in line with the objectives of the Paris Agreement to limit global warming.
One way the air cargo industry is working towards improving its sustainability is through the use of alternative fuels including Sustainable Aviation Fuel (also known as SAF). While traditional jet fuel is still the main fuel used for air cargo operations, there are now several alternative fuels being developed and tested. These include biofuels made from agricultural waste, renewable diesel made from plant oils, and even electricity and hydrogen.
Another area of focus is the use of more efficient aircraft. Many airlines and cargo carriers are investing in newer, more fuel-efficient planes that emit fewer greenhouse gases. Additionally, the industry is working to reduce its waste and increase recycling efforts. This includes recycling materials used in the construction and maintenance of planes, as well as reducing the amount of packaging used for shipping goods.
It’s set to be another big year for the air cargo industry, with trends across sustainability, ecommerce and digitalization continuing to shape its future. By keeping an eye on these trends and being proactive in addressing them, the air cargo industry can position itself for success in 2023 and beyond.
Want to use CargoWise eBookings to accelerate and simplify your air cargo booking process, including direct airline communication for space allocation, quick quote options, and automated status updates? Learn more
We’re connecting airlines to the world’s most extensive network of buyers of air cargo capacity for a faster, simplified way to book air cargo. Find out how


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SOUTHBOROUGH — Sevcon Inc., a designer and manufacturer of controls for zero emission electric and hybrid vehicles, reported financial results for the third quarter of fiscal
2015 ended July 4, 2015.
Revenues for the first nine months of fiscal 2015 were $30.6 million, compared with $27.9 million in the first nine months of fiscal 2014. Foreign currency fluctuations decreased reported sales by $1,946,000, or 7 percent. Excluding the impact of currency fluctuations, revenues increased 17 percent.
Operating income was $1,217,000, compared with $1,119,000 in the first nine months of fiscal 2014. Excluding the net favorable impact of foreign currency, operating income in the first nine months of 2015 would have been $200,000 due to increased sales and engineering headcount to capture substantial potential future opportunities.
There was a charge to consolidated income of $68,000 to record the change in the fair value of foreign currency contracts accounted for as cash flow hedges as well as an income tax charge of $188,000, compared with $64,000 in the prior-year period. Net income attributable to common stockholders was $881,000, or $0.25 per share, after a preference share dividend of $335,000 or $0.10 per share,compared with $872,000, or $0.26 per share, for the first nine months of fiscal 2014.
The company hosted a conference call to discuss the results and business highlights Aug. 6. The archived webcast will be available on the company’s website. For more information, visit sevcon.com.


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GÜLER SABANCI, CHAIRMAN OF SABANCI HOLDING: "AS SABANCI OF TURKEY, OUR MOST SIGNIFICANT RESPONSIBILITY IS TO ADD VALUE TO OUR COUNTRY."
Temsa, subsidiary of Sabancı Holding, received the grand prize for the "Innovation Resources" category of Inovalig Awards organized by the Turkish Exporters' Assembly as part of the 5th Innovation Week. The award was given to Güler Sabancı, Chairman of Sabancı Holding, by President Recep Tayyip Erdoğan.
Güler Sabancı said: "As Sabancı of Turkey, we believe our most significant responsibility is to create value for our country. In the ever-changing world and the challenging competitive environment, the companies that produce new information, renew themselves continuously, develop technology and diversify their products and services can be the winners. We believe that, as the world experiences the Industry 4.0 revolution, Turkey can make a difference in this global competition through innovation. Therefore, we have made our mindset for innovation an inseparable part of our culture since 2004. Today, our companies are in a position where they can manufacture all around the world from Indonesia to the USA, and sell their products even in the Silicon Valley thanks to this strategic understanding. The grand prize of Inovalig awarded to Temsa today is an indicator that our innovation journey is continuing with success. The award we receive today has encouraged us further to increase the current 50% export rate of Temsa to 80% in the near future. I would like to wholeheartedly congratulate all colleagues who contributed to this accomplishment."
The Special Prize for Customer-Oriented Solutions was also awarded to Sabancı Holding
The Special Prize for "Customer-Oriented Solutions" was awarded to Sabancı Holding in TIM Innovation Awards within the Turkish Innovation Week. The award was received on behalf of Sabancı Holding by Mehmet Hacıkamiloğlu, the Industry Group President.
Reminder: Temsa continues to break ground with its vision of being an R&D and innovation-oriented technology company. Temsa has manufactured the first smart bus of Turkey in 2015, and launched the first 100% domestic-production, 100% electrical bus as well, in cooperation with Aselsan last week.


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WASHINGTON (MarketWatch) -- Ford Motor Co. will get a $250 million loan guarantee from the Export-Import Bank of the United States to finance $3.1 billion of export sales for more than 200,000 vehicles for buyers in Canada and Mexico, the U.S. export credit agency announced Thursday.
The exports represent 15% of Ford's
The Private Export Funding Corp. will provide the funding for the revolving $250 million loan backed by the bank's guarantee, and the loan, fees and interest will be paid off in one year.
The announcement comes as President Barack Obama prepares to visit a Ford plant in Illinois on Thursday, where he plans to talk about his administration's bailout of the automobile industry.
Last week Obama said the U.S. auto industry is growing stronger because of the government's $60 billion bailout, and that all three U.S. automakers are operating at a profit for the first time in six years.
Ford didn't take any federal funds, but the company's chief executive said the government's bailout saved the auto industry's supply chain from collapsing.
Working capital loan guarantees are available for businesses of all sizes in the United States, an Export-Import Bank spokesman said.


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GE sees India revenue growing 15-20 percent: Immelt
NEW DELHI (Reuters) - General Electric Co (GE.N) expects revenues from the company's Indian business to grow between 15 and 20 percent on a "sustainable basis", its Chief Executive Jeff Immelt said on Friday.
GE, which installed India's first hydro power plant in 1902, has Indian revenues of about $2.8 billion and employs about 15,000 people there.
All of GE's global businesses are present in India. GE says it exports over $1 billion in products and services from India.
(Reporting By Devidutta Tripathy; Editing by Daniel Magnowski)
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Religion and Politics
The head of India's most powerful Hindu group vowed to press ahead with a campaign to convert Muslims and Christians to Hinduism, stoking a sensitive debate that has stalled parliament and threatened Prime Minister Narendra Modi's economic reform agenda. Full Article


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Digital TV News: Soo Jin Oh
Magnite integrated into FreeWheel’s TV platform
Aug 3, 2023 – Magnite (NASDAQ: MGNI) has integrated with FreeWheel to enhance the ability of FreeWheel users to see multiple sources of demand in one platform, across both programmatic and direct transactions.
News categories: Magnite, FreeWheel, Sean Buckley, Soo Jin Oh, Jill Steinhauser, Advertising, Digital TV, Worldwide
FreeWheel to bring Roku ad technologies to its customers
Jul 12, 2023 – Roku (Nasdaq: ROKU) and FreeWheel have announced the launch of combined technologies that aim to simplify, optimize and enhance TV streaming for advertisers and publishers.
News categories: Roku, FreeWheel, Youssef Ben-Youssef, Soo Jin Oh, Advertising, Big Data, Digital TV, Streaming, USA, Worldwide
FreeWheel and Comscore launch Connected TV contextual targeting
Sep 29, 2022 – FreeWheel and Comscore have announced that media buyers using FreeWheel's demand-side platform, Beeswax, now have access to Comscore’s Predictive Audiences and CTV brand protection offering.
News categories: FreeWheel, Comscore, Soo Jin Oh, Rachel Gantz, Advertising, Digital TV, Streaming, USA
Gamut selects iSpot ACR for TV ad measurement
Oct 21, 2020 – Gamut has announced the selection of iSpot as its connected TV (CTV) ACR measurement provider. Gamut will use iSpot's capabilities to measure the incremental reach of its local OTT ad campaigns.
News categories: Gamut, iSpot, Soo Jin Oh, Stuart Schwartzapfel, Advertising, Big Data, Digital TV, Streaming, USA
Tastemade selects Gamut to grow local OTT ad sales
Aug 13, 2020 – Gamut and Tastemade have announced that Gamut will now have access to Tastemade's 24/7 Streaming Network inventory – a channel that features programming in the categories of Food, Travel, and Home & Design.
News categories: Gamut, Tastemade, Soo Jin Oh, Jeff Imberman, Advertising, Digital TV, Streaming, USA
- Videotex India's largest licensee manufacturer of webOS Hub TVs
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- TiVo releases Q2 2023 video trends report
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- Mirada to power MNC's Vision+ streaming service in Indonesia
- Munich court rules Netflix infringing Broadcom video patent
- India Smart TV market grew 8% YoY in 1H23
- TV Monaco starts operations supported by Qvest
- Caretta Research: MVPDs must evolve into 'super aggregators'
- Barb upgrades API with BVOD, SVOD, video-sharing and non-TV device data
- U.S. JIC conditionally certifies Comscore, iSpot and VideoAmp currencies
- Global SVOD revenues to surpass $127bn in 2029
- Ateme enables 5G Broadcast transmission in the U.S.
- Amazon announces Fire TV product updates
- TCL adds Fire TV options to U.S television portfolio


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The government-backed electric car maker Fisker Automotive has encountered its share of speed bumps financially -- announcing in recent weeks that it would have to lay off some workers and suspend work on a more affordable electric-gas hybrid version of its new luxury sports sedan, the Karma.
But since unveiling the $107,000 Fisker Karma, the car conceptualized by legendary designer Henrik Fisker, the sleek and quiet vehicle has received mostly rave reviews from auto experts, enthusiasts, and several of those who have bought the 2,000 cars that have so far come off the line.
When Consumer Reports took the car out for a test spin recently, however, the Karma did not perform as planned. The consumer company bought a Karma from a dealer for the purpose of putting it to the test. And in a video now posted on its website, Consumer Reports auto engineer Tom Mutchler explains what happened.
"It is low, it is sleek, it is sensuous. It's also broken. Right here in the middle of our driveway. The car doesn't go in gear. It doesn't move," he says.
The new car had to be towed away.
A Fisker spokesman tells ABC News the dealer that sold Consumer Reports its Karma "immediately arranged for the car to be picked up and diagnosed by trained service technicians."
"Our engineers are in contact with the retailer and are working closely with them to understand the cause and resolve the issue so they can return the car to their customer quickly," said Roger Ormisher, Fisker's spokesman.


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This report explores shippers’ perspectives of emerging trends in the freight transportation industry. It addresses issues related to business strategy, collaboration practices, carrier selection, rates, capacity, mode selection, outsourcing, advocacy issues, technology, sustainability, and more.
NASSTRAC in the News
VWR’s redesign of its West Coast shipping operation incorporates a newly designed pool distribution strategy that reduces demurrage and drayage costs, improves next-day delivery and has greatly increased…
(October 04, 2016)
Effective January 29, 2016, the Federal Motor Carrier Safety Administration’s (FMCSA) so-called driver coercion rule, formally known as the “Prohibiting Coercion of Commercial Motor Vehicle Drivers,” will take effect.
(January 07, 2016)
The case against increasing truck size and weight has been built on the premise to keep bigger and heavier trucks off the road and apply existing federal truck size and weight limits to the entire National Highway System, rather than interstate highways, which is the case today.
(July 08, 2015)
For anyone not sold on the ongoing impacts of e-commerce on logistics and supply chain operations, comments by some influential industry executives at the recent National Shippers Strategic Transportation…
(April 30, 2015)
Despite the never-ending state of cold weather in the Northeast, which really is no exaggeration as I see falling snow out of my office window at the moment the calendar says that next week marks the kickoff…
(April 09, 2015)
Shippers and transportation intermediaries are opposing a Federal Motor Carrier Safety Administration proposal designed against putting undue pressure on truck drivers to violate hours of service and other rules.
(February 18, 2015)
Three years ago, Candace Holowicki, the company’s director of global transportation and logistics, joined its Global Services Organization and helped to level functional silos and bring together procurement,…
(October 01, 2014)
The editorial staff of Logistics Management(LM) is thrilled to again have the winner of the NASSTRAC Shipper of the Year Award grace our October cover. For 15 years, LM has partnered with NASSTRAC, one…
(October 01, 2014)
The Reliance Network (TRNet) will be participating in the NASSTRAC Conference in April as an exhibitor and sponsor. This is the second NASSTRAC Conference the alliance has sponsored. (April 16, 2013)
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World container ports and cargo distribution systems saw a major example of how cyber systems can be vulnerable to hackers and destructive software coding, when terminals of container shipping giant A.P. Moller-Maersk suffered a major cyber attack.
Maersk – the world's largest cargo container-handling firm – said it was hit June 27 along with some other major companies
"as part of a global cyber attack named Petya."
While many of its technology systems were affected, the company emphasized that its Maersk Line container ships moving around the world were "maneuverable, able to communicate and crews are safe."
However, it said the company's APM Terminals were affected at a number of ports, including at Los Angeles where it operates that port's the single-largest ocean container facility.
Early on, Maersk said it had "contained the issue" and was working on a technical recovery plan with information technology partners and global cyber security agencies.
"We have shut down a number of systems to help contain the issue," Maersk said initially. "At this point our entities Maersk Oil, Maersk Drilling, Maersk Supply Services, Maersk Tankers, Maersk Training, Svitzer and MCI are not operationally affected. Precautionary measures have been taken to ensure continued operations."
The next day it posted a notice showing some improvements but also
"All Maersk Line vessels continue to be under control, employees are safe and communication to crew and management onboard is functioning," it said. "We are able to accept bookings again via INTTRA, the world's largest booking platform.
"The majority of our terminals are now operational. Some of these terminals are operating slower than usual or with limited functionality. APM Terminals continue to work towards full restoration of its IT systems."
It said the DAMCO warehousing and supply chain logistics unit, which operates in 100 countries, had "limited access to certain systems. A business continuity plan has been deployed with a key focus on protecting customers' cargo flows."
In addition, Maersk said that "a number of IT systems are deliberately shut down across multiple sites and select business units, also impacting email systems. Business continuity plans are being implemented and prioritized. We continue to assess the situation. Until this analysis is complete, we cannot be specific about how many sites and locations are affected or when normal business operations are restored."
The port disruptions prompted Los Angeles County Supervisor Janice Hahn, a former U.S. House member from that area and member of the congressional PORTS Caucus, to prod Congress to "reexamine our nation's port cyber security vulnerabilities."
Hahn said in a press release: "When I was in Congress, I authored legislation to conduct an assessment of the cybersecurity of the nation's top ten busiest ports. Today's cyberattack on Maersk that has shut down the APM Terminal at the Port of Los Angeles underscores the ongoing risk and incredible economic damage that could be caused by a cyberattack at one of our ports. This attack should serve as a wake-up call.
"The report that resulted from my legislation requires security clearance to view but I encourage members of the Congressional PORTS Caucus to study this analysis and take steps to secure our ports in the new age of cyberattacks."
A survey conducted by the Mineta Transportation Institute for the American Public Transportation Association indicated that 80 percent of those it polled would support using their tax dollars for creating, expanding, and improving public transportation in their community, with a further 74 percent...
July 27, 2018
The Federal Railroad Administration is prepared to levy penalties against 13 railroads if they fail to implement positive train control or PTC safety systems by Dec. 31 this year.
A new study compiled by data platform management firm Populus indicates that the popularity of electric scooters as an urban transportation option continues to increase in major U.S. metropolitan cities.


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Mojang has called time on the development of Minecraft’s planned Super Duper Graphics Pack. The much anticipated pack, first announced at E3 back in 2017, would have provided Minecraft players with higher quality shaders and lighting effects in the popular game, along with 4K and HDR support. Unfortunately, Mojang has decided that it just isn’t going to be possible to make good on its Super Duper promises.
You can find a full statement about the abrupt cancellation below:
“Some of you might remember us announcing the Super Duper Graphics Pack during E3 2017. Super Duper was an ambitious initiative that brought a new look to Minecraft but, unfortunately, the pack proved too technically demanding to implement as planned.
“We realise this is disappointing to some of you – there was a lot of enthusiasm for Super Duper from inside and outside the studio – but unfortunately, we aren’t happy with how the pack performed across devices. For this reason, we’re stopping development on the pack, and looking into other ways for you to experience Minecraft with a new look.
“Minecraft is available on a wide range of platforms, and we’re constantly trying to make the most of the technical architecture of each one. We’ll be able to share more on that subject very soon.”
Minecraft still has around 91 million monthly users globally, and it’s likely that confirmation of the Super Duper Graphics Pack’s demise will be very disappointing to many in the base.
Wireframe #19 is out now


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A future where everyday objects have computer chips in them will have a dramatic effect on our lives.
Circuit boards can contain up to 400 different materials
But we should know about the potential risks from technology, say researchers.
The team in Switzerland looked at the health, social and environmental implications of what is called pervasive computing.
"We should reflect on how we use technology," said Swiss professor of computer science, Lorenz Hilty, "and society is not reflecting enough."
The idea behind pervasive computing is that everything around us contains some sort of electronic device.
In their report, the Swiss team talk about a future where computer chips, remote sensors or radio transponders are scaled down to microscopic size and built into just about anything.
You could have a pint glass that sends a signal for a refill when it is empty.
Or even have paint that contains electronic dust particles that could control a room's temperature or turn a wall into a big screen.
"The idea of pervasive computing is that you are no longer aware of the electronics," explained Dr Hilty, Professor of Computer Science at the Swiss Federal Laboratories for Materials Testing and Research, EMPA.
In 10 years' time, predict the researchers, a trillion objects all linked electronically could be available to a billion people.
But before we get there, we should consider the risks of blindly stumbling into a technological advanced future, they say.
"People should be critical of technology," said Professor Hilty told BBC News Online. "We are not saying don't use it, but there should be a public discourse."
One of the main areas of concern is the possible health implications of a world where every object is emitting some sort of low-level radiation.
"There is no proof of negative health effects," said Professor Hilty, "but you can never be sure. There could be long-term health effects."
"Mobile phones are a huge field experiment in which we are the sample."
Fancy a computer chip with your pint?
He said we simply do not know what the risks are of prolonged exposure to low-level radiation from devices close to the body, like watches, or perhaps even chips under the skin.
The ubiquity of radio sensors could also have a lasting impact on the way we live. A world of chips and sensors everywhere conjures up an image of a world of surveillance.
"Privacy could be an inhibiting factor in the development of the technology," warned Prof Hilty. "Pervasive computing means that we would have to change our view of privacy."
Similarly, it could change the way we deal with waste. Coping with piles of discarded mobiles, computers and the like is a growing problem in many countries.
Pervasive computing could simply add to the problem, if every household product has some sort of electronic component built-in.
"What happens if people don't know what is electronic or can't separate it manually, especially if every milk carton has a radio transponder?" asked Professor Hilty.
"I am not saying I am against technology," he insisted, "but we should be aware there is a price to pay."
The study by the EMPA team, entitled the Precautionary Principle in the Information Society, was commissioned by the Swiss Centre for Technology Assessment.


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The 2014 Corvette Stingray will offer new high-tech performance, along with an old name. For the first time in decades, the American classic will once again drop coupe from its name.
The new Vette hits showroom floors this fall with everything new except two parts. The iconic car will be more compact and more aggressive looking than the outgoing model.
True to form, Consumer Reports notes that the Corvette will come with a high base price of $51,000. With more options, consumers can expect to spend upwards of $65,000 for the iconic muscle car.
The magazine praised the 2014 Corvette, calling it “a tight, high-tech sports car.” As a bonus for drivers, performance on the seventh generation Vette can be adjusted based on the driver’s preference and road conditions.
Chevrolet already announced that its new Corvette will come with a 460 horsepower advanced LT1 engine. With the new engine, the muscle car can go from 1 to 60 in 3.8 seconds. The numbers make the vehicle the most powerful standard Corvette to date.
Car and Driver notes that the C7, as enthusiasts have dubbed the 2014 Corvette Stingray, will also have a better mpg rating than the earlier model’s 26 mpg highway estimate. It will come with two active exhaust systems, including an optional dual-mode system, which will increase performance and make the car purr.
Chevy will offer two transmission options. One option will be a six-speed automatic, while the other is a seven-speed Tremec manual with four shift gates.
In preparation for its showroom debut around the world, the 2014 Corvette Stingray recently arrived in Europe to undergo technical tests from Chevrolet. The muscle car was driven on several different kinds of roads to test out quality control. Engineers tested the vehicle at test tracks like Dudenhofen and the Nürburgring, notes Motor Authority.
The 2014 Corvette Stingray will hit showroom floors later this fall.


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Sony recently released a new ad showcasing the PlayStation 4 and its games. Two titles that pop up, Assassin's Creed IV: Black Flag and Watch Dogs, touts that the PS4 version will include 60 minutes of exclusive gameplay only found on Sony's console. But it won't be exclusive forever.
The video says that exclusive content for those two Ubisoft published games will stay on the platform for six months, suggesting that the content will find its way to other systems like the Xbox 360, Xbox One, and PC.
The Sony-locked content in Assassin's Creed IV include three missions for Assassin's Creed III Liberation heroine Aveline. In Watch Dogs, the exclusive content brings four additional missions that will have Aiden Pearce battling for digital freedom.
Assassin's Creed IV: Black Flag arrives on Xbox 360, PS3, and Wii U on October 29. PlayStation 4 will get the game on November 15 while PC users get it on November 19, then November 22 for Xbox One.
Anyone plan to get the PlayStation versions of these games just for the timed exclusive content?


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What is in this article?:
“You’ve got to know exactly what it is you’re getting and understand why you’re getting it. Someone who’s getting a 39-cent frozen Butterball from a chain market would not understand the heritage bird.”
— Jill Moorhead, marketing director, The Hills Market
Supporting local producers was also a factor for New Seasons Market, a 12-store independent based in Portland, Ore., in adding pasture-raised turkeys from two area farms to its Thanksgiving lineup this year.
“I always try to source things as close to home as possible,” said Alan Hummel, director of meat and seafood.
The local birds, which retail for $4.99 to $5.49 per pound, sold well in preorders. Hummel said this is because local products have “kind of been the bread and butter of our business.”
New Seasons Market also has offered free-range, organic and heirloom turkeys from Diestel since 2000. “We sell them every year, and we sell a tremendous amount,” said Hummel.
Price may be a factor in the Diestel birds’ popularity. Retailing for $1.99 to $4.99 per pound, Hummel said the chain tried to keep this year’s prices comparable to last year’s for consumers, despite cost increases on the supply side. “We’ve kind of held our ground to keep a really high-quality bird at an affordable price so we can reach out to many more consumers,” said Hummel.
On the opposite coast, cost is probably not a driver for customers at Eli’s Manhattan, a specialty food store in New York, where organic turkeys sell for $7.99 per pound and heritage birds go for $9.99 per pound. Eli’s purchases its heritage Bourbon Reds through Heritage Foods USA, a wholesaler based in Brooklyn, N.Y.
“We teach customers about why they are so special, and how they’re helping with preserving these breeds by purchasing the products,” said Marc Reyes, Eli’s head butcher.
Read more: Meijer Upgrades Meat Department
Retailers agreed education is important for marketing sustainable turkeys. Hummel said New Seasons Market emphasizes the local farmers when talking to customers. “We talk about our partnership with them. We talk about the families and how they raise the product.”
At The Hills Market, representatives from Tea Hills Organic Farms came by in early November for a tasting of its different turkeys. “We always like having the producers be able to talk directly to the consumer,” said Moorhead.
The demo helped drive preorder sales of the newer turkey options. “I’d say probably half of the orders that we had from Tea Hills Farms came from that tasting,” said Moorhead.
Jimbo’s planned to do a tasting of the Diestel birds the weekend before Thanksgiving and had promoted its sustainable turkeys through in-store brochures and its newsletter, but satisfied customers may be the most effective advertising.
“A lot of it is just word of mouth. And it’s worked out well for us,” said Garcia.


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Winter Park’s University Plaza Shopping Center Gets $10.5M Financing
- Mar 25, 2013
Holliday Fenoglio Fowler, working exclusively on behalf of borrower North American Development Group, has recently arranged $10.5 million in financing for the grocery-anchored University Plaza shopping center in Winter Park.
HFF director Chris Drew, senior managing directors Paul Stasaitis and Danny Finkle, and senior real estate analyst Jose Carrazana led the HFF team representing North American Development Group; they have successfully secured the 15-year, fixed-rate loan through Prudential Mortgage Capital Company.
“NADG is a sophisticated borrower that is taking advantage of historically low interest rates to lock in highly accretive long-term, fixed-rate financing for a core asset in their portfolio,” said Drew. “We continue to see incredible demand from top-tier life insurance companies for fixed-rate loans on grocery-anchored retail throughout the state.”
Located at 4000 North Goldenrod Road at the intersection of University Boulevard in Winter Park, the 77,918-square-foot University Plaza shopping center is currently 95 percent leased, with Publix as the anchor tenant. Set approximately 10 miles northeast of downtown Orlando, the building was redeveloped in 2011.
Marcus & Millichap estimates that the Orlando retail market will most likely strengthen in 2013, given the upcoming employment gains, population growth and increased tourism. Retailers are already responding to market improvements, several having already made public their expansion plans. The gas station/convenience store segment is especially active with RaceTrac, 7-Eleven and Wawa all adding multiple sites this year. Other retailers with new stores under way include Dollar General, Family Dollar and Walmart.


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Can you put a beret on a can of soda pop?
That’s one of the intriguing possibilities that comes to mind with the news that whimsical French fashion icon Chantal Thomass has been appointed the next “creative director” for Coke Light for a year.
Discrimination against black models has been an explosive issue in the fashion world this year, but few people expected to see Victoria’s Secret at the forefront of change when it comes …
In the 2004 film Mean Girls, Lindsay Lohan’s character uttered the now-famous line that helped re-define Hallowe’en for a new generation: “Hallowe’en is the one day you can dress like a total slut and nobody can say anything about it.”
Before the annual Victoria’s Secret Fashion Show starts gobbling up all the press, we thought it would be a good idea to highlight some of the other work being done by members of the VS team.
Credit: Natalia Kiss, Serbia
Today is Love Your Body Day in America, an annual occasion sponsored by the National Organization for Women to draw attention to the damaging beauty standards imposed on women through mainstream media and advertising.


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Apple's iPhone 14 OLED Display is likely to be Brighter than the iPhone 13 due Samsung Display upgrading a key Material
A new supply chain report this morning reveals that Apple's iPhone 14 will use a superior OLED display due to a new OLED material known as M12. Samsung currently uses M11 materials for the iPhone 13 and Galaxy S22 Ultra and will use M12 for their next-gen Galaxy Z Fold in August and the iPhone 14 launching in September.
Apple had used its own material set called LT for iPhone X in 2017 and iPhone XS in 2018, but started using the M series in 2019.
Last year’s iPhone 13 is now using the M11 material set, the same as the Galaxy S21 Ultra that launched the same year. This information was covered in two report by The Elec (01 and 02).
A report from OLED-info points to M-Material adding brightness to an OLED display. Although the report is about M11 material, we can extrapolate that M12 is likely the next-gen OLED material that will once again add next-level sharpness and/or brightness to the display for Apple's iPhone 14.


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The D4s is Nikon's newest flagship digital SLR camera, with the manufacturer announcing its development last month at the Consumer Electronics Show in Las Vegas.
While a few days ago it was rumored that the D4s would be revealed today, during an event in Prague, the Nippon camera, lens, and photographic equipment manufacturer is yet to unveil its latest creation.
Online retailer BHphoto previously created a new page in its store for Nikon D4s, but no actual product photo, price, or release date was ever published. Recently, the page on BHphoto has been updated with the first official pic of the upcoming DSLR.
According to the latest rumors, Nikon D4s will feature the same 16MP sensor, a slightly changed body design, and it's possible that it will include the latest Nikon EXPEED 4 processor. Moreover, the camera will come with a price tag similar with its predecessor's, which can now be purchased for $5,996.95 / €4,400.
NikonRumors has also received a new image with the Nikon D4s straight from the Winter Olympics in Sochi. Check out the gallery below.


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The party has started at Ford – the wraps are off the all-new Fiesta and Auto Express has the first official pictures!
Described by the blue oval as fun-loving and functional, sensational and safe, the thrilling supermini makes its public debut at the Geneva Motor Show next month before it goes on sale in November.
Inspired by the daring Verve concept car, and penned by a team led by top designer Martin Smith the new Fiesta is undoubtedly the most spectacular evolution of the popular small car since its introduction in 1976.
But if it is to match the huge success of its predecessors, it certainly has a lot to prove.
It’s hard to overstate the importance of the Fiesta to the UK market – and the world. More than 14 million examples have found homes over the last 32 years – a number that underlines not only the car’s popularity, but the quality of its design and engineering too. So what has Ford done to ensure the newcomer delivers?
For starters, there’s no escaping the stunning looks… Beautifully proportioned with a dramatic nose, the Fiesta manages to turn heads without trading on an overly aggressive design.
Both three and five-door evolutions of the car will be offered for sale, and both models will share very similar proportions.
The gaping radiator grille takes centre stage at the front, while a swooping waistline and purposeful stance help to create a sporty, almost coupé like profile. At the rear, practicality is blended with large tail lights to create a hatch large enough to take bulky items but compact enough not to overwhelm the simplicity of the design.
Inside, drivers can expect an equal serving of style and luxury. Ford’s versatile Converse+ system will be offered. Already available in the S-Max and Mondeo the system controls satellite navigation, trip computer and mobile phone connectivity functions.
Keyless go also features, together with the distinctive “Ford Power” starter button on the dashboard. And, says Ford, it’s that balance between form and function that’s set to take the Fiesta forward into the 21st Century.
Despite the looks, the Fiesta remains true to Fiesta fundamentals of practicality, affordability, agility and safety – not least because the bodywork wraps a chassis that is both lighter and stronger than before.
Using a mixture of high strength and lightweight steels, the Ford Fiesta shares its platform with the acclaimed Mazda 2 – noted for its fine handling and swift reflexes.
The chassis retains the MacPherson Strut type suspension of the previous generation Fiesta as well as the twist beam rear axle. However the set up has been the subject of a significant amount of development to improve both the car’s ride and its refinement. All new, however, is the electric power steering. Introduced to the Fiesta for the first time.
Under the bonnet, 1.25 and 1.4-litre duratec petrol engines are joined by a new 1.6-litre Ti-VCT engine, while diesel fans will be offered 1.4-litre and 1.6-litre TDCi units. Later in 2008 a new ECOnetic version, capable of producing less than 100g/km of CO2 will be announced.
Summing up the latest Fiesta ahead of its Geneva debut Martin Smith, Executive Director of Design at Ford said “All the Vital elements of Ford’s Kinetic Design philosophy have been translated into the new Fiesta to create a dynamic spirit of fun and energy.”


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Ford Ranger Wins
The new Ford Performance Ranger Raptor has won the coveted 4x4 of the Year at the Australian Motoring Awards in Melbourne.
The Ranger Raptor was judged the best 4x4 by a renowned panel of judges after a gruelling week-long process, fending off rivals including the HSV Colorado SportsCat, Mercedes-Benz X250d and Volkswagen Amarok V6 Core.
Kay Hart , Ford Australia & New Zealand President & CEO said “This award win is something that we should be proud of and take the time to celebrate. Congratulations to the Ranger Raptor and broader T6 team for the fantastic work they’ve done in creating an award-winning product.
The Ford Ranger Raptor combines a high boost, high revving four-cylinder, twin-turbo two-litre diesel power plant with a ten ratio gearbox that keeps the torque in the sweet spot and is what makes the whole driving experience so dynamic. Couple this with Fox shocks and coil suspension all round and you have the ingredients of true 4x4 success.
“On any back road – the rougher the better – or any 4x4 track it works brilliantly and helps to make the Raptor an enormously fun-to-drive, competent and capable recreational 4x4 dual-cab,” reported 4x4 Australia.
Fittingly, the Ranger Raptor’s biggest threat also came from Ford, with the Ranger XLT Bi-Turbo finishing second in what was an impressive showing for the T6-platformed vehicles. The Ranger Raptor’s win is only the second time in the award’s 35-year history that Ford has taken out 4x4OTY, with the Everest winning Ford’s first in 2015.
The Ranger Raptor was also a finalist in the Which Car Style awards, which saw it break through as the first dual-cab pick up to ever be considered for the award, against more expensive and fashion-led competition.


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(Singapore – 09th August 2012) The latest survey compiled by Horwath Hotel, Tourism and Leisure (HTL), the world’s largest hospitality consulting firm, shows that the improved optimism at the start of the year has once again been stymied due to the prevailing global economic uncertainty. Hotel operator sentiment has followed the same pattern of the last 3 years; with mid-year sentiment turning negative after a more optimistic outlook at the start of the year, slumping to a neutral score of 1. Europe’s return to a negative sentiment score has weighed down the global average and in Asia; China had a negative sentiment reflecting the slowing economic growth in that country.
The Survey, which can be downloaded in full at www.horwathhtl.com, provides the hotel industry with a quick assessment of the future market outlook. The four-question survey focuses on the outlook for occupancy, average room rates and total revenue. Hoteliers have also been asked to make comments on their expectations for the coming year in comparison to 2011, as well as identify key factors of growth/decline, assessing the outlook for key demand segments.
Performance in all three indictors in the first half of 2012 failed to meet hotel operator expectations, with hoteliers slightly more disappointed with occupancy levels than average room rate performance. The sentiment of hoteliers across all world regions, apart from the Americas, has moderated indicating that the improved optimism at the start of the year has once again been stymied due to the prevailing global economic uncertainty. Africa & the Middle East recorded the highest sentiment score for this survey, albeit at a modest score of 29. Asia’s sentiment score dropped from a relatively high 37 in February to a score of 10, while Europe’s sentiment score dropped to negative 8. Oceania, on the back of weakening growth in China and a strong local currency sending domestic tourists overseas, has seen its sentiment score drop to -12.
Damien Little, a Director of Horwath HTL in Asia and the founder of the survey said, “results from the latest edition of the Global Hotel Market Sentiment Survey indicate that once again the on-going global economic and geo-political uncertainties continue to plague performance levels across the globe and sour the outlook despite the renewed optimism we have seen at the beginning of the year for the past couple of years. With so much economic uncertainty across the globe, sentiment in the hotel industry continues to be weighed down and the assessment is that performance levels will continue to be below expectations”


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Ford have confirmed they are taking part in the electric car challenge taking place on the 3rd and 4th June at the Shelsley Walsh Hill Climb.
Trevor Willis, 2012 British Hill Climb Champion and current leader of this years championship will be driving the new Ford Focus Electric in this newly created class for The Midland Automobile Club’s British Racing Green hill climb event.
The Midland Automobile Club invited all the car manufacturers to enter a variety of classes with the electric class being the main focus, as the venue looks to create some new history at the 112 year old venue.
Ford will be entering their brand new Focus Electric a zero-emission 5-door hatchback which can travel up to 225 km (140 miles) on a single battery charge and is powered by a 145 PS (107 kW) electric motor, and a 33.5 kilowatt-hour battery. Both the battery and motor are liquid-cooled and – heated, helping the new Ford Focus Electric be more energy-efficient and extending the battery lifespan
Mark Constanduros, Commercial Manager for Shelsley Walsh commented “We have had a lot of interest in this new class and it is wonderful to see Ford enter their new Focus Electric and to have the current leader of this years British Hill Climb Championship Trevor Willis as their driver is a real coup!”
“This aspect of the event is new for us and one we would like to build on over the next few years, giving the manufacturers a home to promote their products in a live environment in front of potential customers.”
“For Shelsley Walsh it marks another moment in its history books as we invite manufacturers back to this historic venue and create some new history.”
British Racing Green takes place on the 3rd and 4th June to celebrate all things British, Racing and Green or evokes the spirit of British Racing Green, with electric power being the greenest and fastest developing form of power.


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It took a year from initial plans to the current hiring process, but a Japan-based rival to GameWorks and Dave & Buster’s is now rapidly pushing forward to debut an all-ages, 42,000-square-foot amusement center.
Predicting a fall debut and posting signage promising to be “coming soon,” Round1 Bowling & Amusement is replacing the first floor of the former Sears department store at the Meadows Mall.
Planned to be open daily from 10 a.m. to 2 a.m., Round1’s 30 locations feature bowling lanes, billiard tables, karaoke rooms, ticket redemption games, and imported Japanese arcade games that won’t be found at other Las Vegas arcades.
Recently debuted at Reno’s Meadowood Mall, the westside expansion will build a 270-foot bar pouring draft and bottled beers, wine, and shoju/sake mixed drinks, plus a snack food area featuring a fast-casual menu of burgers, pizza, wings, salads, nachos, churros, mozzarella sticks, and ice cream.
• Dine, Drink, Sing, Bowl, and Play for Prizes at the Meadows Mall [ELV]
• All Coverage of Eater Tracking [ELV]


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The five absolutely easiest ways to start bringing the concept of mental fitness into your self-care practices for 2019. Adopt these New Year’s resolutions and you’ll be not one but five steps closer to better brain fitness. And better brain fitness means better mental health.
This Friday, November 9, our founder Dr. Andrew Hill will give a FREE TALK titled “This is Your Brain on Chocolate. Located inside of ChocoVivo’s divine boutique chocolate shop in Culver City, Dr. Hill will present for the first time the findings of Peak Brain’s own study on chocolate’s effect on EEG (brainwaves). This unique[…]
You know you want it… A FREE event where you learn the fascinating science of how chocolate affects your brain, while you savor some of the finest chocolate products this world has to offer! And you’re in luck because you’re invited! We’ve collaborated with our friends at Chocovivo LA and took brain scans of their[…]


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Walmart closed nearly 60 stores for two days in December as a precaution against rising COVID-19 infections that have been driven by the Omicron variant, according to a report.
The largest retailer in the world, along with other major chains including CVS, Apple retail stores and various restaurants, closed the stores temporarily in Texas, New Jersey and Maryland to sanitize them, according to Reuters.
Walmart spokesman Charles Crowson confirmed to The Post that the company had closed nearly 60 locations last month, saying they were “not only in Texas and New Jersey,” without elaborating. He declined to confirm whether there were staff COVID-19 cases at the closed locations.
Crowson added that the closings were “not new to Walmart or Sam’s Club,” and that the chains occasionally have shut locations temporarily as a “proactive measure” based on local health data.
“When that data reaches certain thresholds, we make the decision to get ahead of the situation and proactively close the store for cleaning and sanitizing,” Crowson said.
According to an employee memo, a Walmart store in Maryland was closed last week because the community was experiencing a spike in cases, but Walmart told Reuters that no employees at the store had tested positive for the virus.
CVS closed “fewer than 10 stores” in December for cleaning purposes, the drugstore chain told Reuters. Walmart rival Target has not yet closed any stores for sanitizing, the retailer told Reuters.
Apple briefly closed its stores in New York City – but reopened them after a flurry of criticism on social media. The tech giant typically closes its stores when 10 percent of its staff has tested positive for COVID-19, according to Bloomberg. The week before Christmas, Apple had temporarily closed eight stores in five other states and Canada.
During the height of the pandemic in 2020, stores closures were more common and retailers adopted policies and protocols for the closures that have recently been reinstated as the Omicron variant sweeps across the country.
The CDC recommends that stores whose workers are infected simply clean and close off the areas where the sick person worked.
Restaurants have also been forced to close temporarily, including fine dining hot spot on Central Park South, Marea, which closed in Mid-December because of staff infections, The Post’s Steve Cuozzo reported.


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Downtown Market to start June 13
May 2, 2013
The Estherville Downtown Market will resume this year, starting June 13 and going every Thursday — except for the Fourth of July — through Sept. 5....
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What’s the Alternative Method that the FBI will Use to Brute Force the iPhone
Right before Apple and the FBI were scheduled for a court hearing over their battle on unlocking an iPhone, the Department of Justice requested the judge to postpone the hearing. The DoJ has admitted that a third-party has offered its help to unlock the iPhone 5c and it might not need the help of Apple, after all. Following the decision of the judge vacating the hearing, Apple attorneys scheduled a conference call with reporters where it said that the company will ask the FBI to share the details of the exploit if the FBI keeps the case alive, which probably wouldn't be the case.
Until now, several experts have been saying that the FBI is simply using the recent terrorism case to get a legal support and set a precedent where it can push the tech companies to deliver whatever it asks for. Experts had also said that the agency could try several other methods without Apple's involvement in the case.
DoJ's request filed with the judge yesterday caused a lot curiosity in tech enthusiasts over how exactly the government was planning to unlock the iPhone. An in-depth analysis by Jonathan Zdziarski, a forensic scientist, now explains a lot of different techniques that are possibly not being used by the FBI and one that he thinks could be the method to unlock the iPhone - Nand mirroring. Nand mirroring was earlier referenced by Congressman Darrel Issa when he had confronted FBI chief Comey at the House Judiciary Hearing.
FBI to brute force iPhone with Nand mirroring?
Zdziarski and a number of experts speculate that the attack is based on a NAND mirroring technique, which is essentially a process to copy the flash memory of the device to be able to restore it a after a lockscreen wipe.
This is where the NAND chip is typically desoldered, dumped into a file (likely by a chip reader/programmer, which is like a cd burner for chips), and then copied so that if the device begins to wipe or delay after five or ten tries, they can just re-write the original image back to the chip.
This technique is kind of like cheating at Super Mario Bros. with a save-game, allowing you to play the same level over and over after you keep dying. Only instead of playing a game, they’re trying different pin combinations. It’s possible they’ve also made hardware modifications to their test devices to add a socket, allowing them to quickly switch chips out, or that they’re using hardware to simulate this chip so that they don’t have to.
For those worried about the security of iPhones, any device with a Secure Enclave (iPhones launched after 5s) are immune to this attack. But yes, as Apple constantly works to protect its users against new exploits and vulnerabilities, the company will like to know exactly what vulnerabilities are going to be exploited to unlock the iPhone.
While it may seem like a win for the FBI as they won't need Apple's help, it's not. The FBI could have gotten into the contents of the iPhone 5c using an exploit if they had wanted to. But, vulnerabilities get fixed and any attack doesn't stay viable for a long time. Not wanting to rely on the exploits, the agency needed a legal right to get the data, no matter what the level of technical protections were in place. The federal bureau has been pushing to get this legal and permanent solution for over several years now. As Google and Apple have introduced stronger encryption techniques on their smartphones, FBI chief had even said that the companies have "gone too far" to protect their users.
Now that a third-party (possibly one of the FBI's contractors) has offered the agency a way to unlock this iPhone, it will be interesting to see if the bureau would pull off the case. If so, it could wait for another case to push Apple - or other tech companies, for that matter - into handing over a customized OS version.


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For its first residential project in North America, the Armani/Casa Interior Design Studio teamed up with acclaimed Argentine-born architect César Pelli, who devised a soaring luxury tower for the brand, located on a prime oceanfront parcel in Sunny Isles Beach, a few miles north of Miami. This week marked the opening of the project’s lavish sales center, which includes a design gallery and 2,500-square-foot model unit that gives prospective buyers a taste of the refined interiors. Featuring luxe materials like onyx, white gold leaf, and bronzed mirrors, the units are being furnished by Armani/Casa, which is working with Dezer Development and Related Group to bring the building to life.
Set to break ground next month, the 60-story skyscraper already has more than half of its 308 residences reserved by early buyers; construction is slated to wrap up in 2018. The latest pad to hit the market is a $15 million penthouse on the 53rd and 54th floors. At 6,000 square feet, the duplex also comes with first-class tickets to Milan for a meet-and-greet with Giorgio Armani himself, plus a stay at the Armani Hotel Milano and an after-hours tour of the Armani flagship store. Those perks are in addition to the tower’s own plush amenities, such as a spa, a gym, a cigar room, and a theater.


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First all-electric real-world car to hit Vancouver streets in 2011
MISSISSAUGA, ON, Dec. 14 /CNW/ - The Nissan LEAF made its Canadian debut in Vancouver today as part of the Nissan LEAF Zero Emission tour. Along with Nissan Canada executives, representatives from the Province of British Columbia, the City of Vancouver and BC Hydro were also present to commemorate the occasion. In October, the organizations signed a partnership that will see British Columbia become the initial Canadian launch point for the Nissan LEAF in 2011.
"We are excited that the all-electric Nissan LEAF will make its Canadian debut on British Columbia roads," said Blair Lekstrom, Minister of Energy, Mines and Petroleum Resources, Province of British Columbia. "B.C.'s leadership in low-carbon transportation solutions like this, fuelled by clean and renewable electricity, will help us to meet our goal of reducing greenhouse gas emissions by 33 per cent by 2020."
"Many people have misconceptions about electric vehicles, but the LEAF is proof that electric mobility can be reliable, well-engineered, attractive and fun to drive," said Mark Grimm, President of Nissan Canada Inc. "We're pleased to share the Canadian debut of LEAF with our partners who are as committed as we are to making zero-emission mobility the best solution to make a real impact on our environment."
The LEAF seats five adults in stylish comfort and can travel a distance of 160 kilometres* on a single charge. It provides environmentally conscious drivers with a zero-emission option for real environmental impact, and at the same time an uncompromising driving experience.
"We look forward to Nissan LEAF electric vehicles arriving in Vancouver as soon as possible, to help move us closer to our goal of becoming the world's greenest city by 2020," said Mayor Gregor Robertson. "We're moving quickly on our electric vehicle plug-in requirements and will be ready when electric vehicles like the LEAF hit the streets of Vancouver. As energy prices rebound, we know that there is going to be increasing demand for EV technology, and we're proud to be partnering with Nissan to debut the LEAF." Councillor George Chow represented the City of Vancouver at the event while Mayor Robertson attends the Copenhagen Climate Summit for Mayors.
"We are very happy to have the Nissan LEAF in British Columbia and look forward to adding the car to our fleet in 2011," said Bob Elton, BC Hydro president and CEO. "We are working to create a conservation culture in B.C. and realize that it cannot be exclusive to electricity conservation. The LEAF will provide an environmentally-friendly transportation alternative and serve as a symbol of conservation."
* Based on EPA LA4 test cycle
Images of LEAF and B-Roll can be found at www.media.nissan.ca.
About Nissan Canada Inc.
Nissan Canada Inc. (NCI) is the Canadian sales, marketing and distribution subsidiary of Nissan Motor Limited and Nissan North America, Inc. With offices in Vancouver (BC), Mississauga (ON), and Kirkland (QC), NCI directly employs 250 full-time staff. There are 150 independent Nissan dealerships and 29 Infiniti retailers across Canada. Nissan is dedicated to improving the environment under the Nissan Green Program 2010, whose key priorities are reducing CO(2) emissions, cutting other emissions and increasing recycling. More information about Nissan in Canada and the complete line of Nissan and Infiniti vehicles can be found online at www.nissan.ca and www.infiniti.ca.
SOURCE Nissan Canada Inc.
For further information: For further information: Didier Marsaud, Nissan Canada Inc., p. (905) 629-6400, e. firstname.lastname@example.org; Heather Meehan, Nissan Canada Inc., c. (416) 402-5748, e. email@example.com


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Winners List: Here are the top 100 ASX small cap stocks for 2021
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Overall, the ASX will finish 2021 with a 12% gain, with the 100 best performers gaining 190% or more.
Of 2021’s best performers, 59 ASX stocks came from resources, 16 from energy, 5 from consumer stocks, 3 each for financials and industrials, 8 in health, 2 in tech and 4 in telcos.
Seven companies were +10-baggers — and all of them came from resources and energy.
Scroll or swipe to reveal full table. Click headings to sort. Best viewed on a laptop.
By far and away the best performer on the ASX is ViaGold Rare Earths Resources (ASX:VIA) which is sitting on a gain of 7043% in 12 months.
Backed with a major shareholding by China state-owned enterprise Guangdong Rare Earths Industry Group Co, ViaGold carries out rare earths processing in the China. It also has a car leasing business, for some reason.
While the company has had little news flow, it has rocketed from 2.8 cents to $2 this year. Unfortunately for shareholders, it has been suspended since mid-October with the ASX wanting to know more about a memorandum of understanding unveiled after the share price spiked.
The second best performer on the ASX with a 1694% gain, is Red Hill Iron (ASX:RHI). The catalyst for this company’s gain were the unveiling of plans sell its 40% interest in the 820 million tonne Red Hill Iron Ore Joint Venture (RHIOJV) to miner Mineral Resources (ASX:MIN) for $400 million.
Red Hill will also be paid a royalty of 0.75% on all iron ore revenue and keep the mineral rights for all other commodities.
There are several lithium stocks in this years top 100, with the standout being North America-focused project developer Sayona Mining (ASX:SYA), which is up 1,544%.
Another hot investment thematic in 2021 was green energy. Outside resources the best performer on the ASX was The Environmental Group (ASX:EGL) which is up 803%.
EGL is a profit generating small cap with five divisions. One is Total Air Pollution Control (TAPC), which has technology used to “scrub off” certain pollutants at industrial sites that aren’t allowed to be released. Another is water treatment company, EGL Water.
After being one of 2020’s best performing ASX IPOs, luxury ecommerce outlet Cettire (ASX:CTT) backed it up in 2021 after gaining another 640%.
It listed last year at a time when the ecommerce sector was running hot and while some companies such as Kogan (ASX:KGN) have plummeted as growth slowed or supply chain issues hit, Cettire has continued to perform.
In its most recent trading update, Cettire reported a 172% gain in revenue in the four months to October 31, from $21.3 million to $57.8 million. Its active customers and number of orders both more than tripled.
Neuren gained from success in a Phase III trial of its own drug, while Actinogen’s key catalyst was the FDA’s first ever approval of an Alzheimer’s drug earlier this year – a disease Actinogen is targeting.
It’s also been a solid year for virtual reality and defence stock xReality Group (ASX:XRG) which gained from hype about the so-called ‘metaverse’.The company also made some big moves this year, including opening more VR game facilities and acquiring VR game developer Red Cartel.
While 2021 hasn’t been the most exciting year for cannabis companies – especially those striving to produce CBD products for Australian pharmacies – it was a good year for Emyria (ASX:EMD).
This company welcomed Andrew Forrest as a substantial shareholder and, after initially working with Cann Group (ASX:CAN) to develop a CBD product, opted to split up in August to pursue registration independently.
In the oil and gas space Red Sky Energy (ASX:ROG) was one winner continuing to excite shareholders with its operations at the Killanoola oil project in South Australia.


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Iceland 27% more expensive for Brits in 2016
A strengthening króna (ISK) and a falling pound sterling (GBP) mean that prices for Brits visiting Iceland are now over a quarter more expensive than they were this time last year.
In early July 2015, one pound could buy you ISK 207. Today, according to the Central Bank of Iceland rate – the same pound will get you just ISK 163.
Putting this in real terms, a ISK 25,000 hotel room in Iceland would have worked out at around £120 back in July 2015. Today, the same price in ISK would set Brits back almost £154 – an increase of 27%.
A seven-night stay in such a hotel would work out around £230 more expensive now that at the same time last year. Year-on-year inflation in Iceland may make the difference even bigger.
Brits are among the biggest national groups of tourists visiting Iceland, particularly during the winter months.


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Anil Ambani group gets new logo
The Group introduced a new corporate identity with blue and red colours, a new symbol and a new signature tune.india Updated: May 27, 2006 23:30 IST
The Reliance Anil Dhirubhai Ambani Group (ADAG) on Saturday introduced a new corporate identity with blue and red colours, a new symbol and a new signature tune.
The new corporate identity has been adopted within a year of its inception. Launching the new identity, ADAG chief Anil Ambani said, "Our new corporate identity reflects our belief and commitment, to shape a better future, create a higher quality of life, and give wings to a million dreams and aspirations.
The new corporate colours, he said, convey values of integrity, confidence, energy and passion and the new symbol, Reliance Apex, is an embodiment of hope, optimism and success.
Addressing more than 35,000 employees Ambani said, "Starting today, we will have an opportunity to get closer to our new identity.”
First Published: May 27, 2006 23:30 IST