text: European Voice says that the EU budget will never be the same in the future, since the new rules on transparency would show people how unfairly the EU money is being distributed and citizens will hopefully put pressure on their governments to change it (‘CAP payments? Citizens must demand change’, 7-13 December). While I agree that the opportunity for change is tremendous, I am afraid change will take time. We have all known, for a while, that the main beneficiaries of EU farm subsidies are large multinationals and agro-industrial giants, and not small farmers. The only difference is that now we will have the exact figures and the exact names. And while the French are likely to be shocked when they see that the equivalent of McDonald’s for farms are fattened by EU subsidies, will they take any action against it? After all, although McDonald’s are in France periodically destroyed by anti-globalisation activists, French people are large consumers of McDonald’s food, despite their taste for quality and healthy eating. The CAP transparency deal could lead to some slow change in the way people look at the EU budget, but there will be no revolution.


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Vastavam web: India’s finance ministry has proposed relaxing a directive from the country’s central bank that would compel global payment firms to store customer data only locally, following weeks of intense lobbying by U.S. companies and trade bodies. Easing the proposal would be a relief for firms including MasterCard, Visa and American Express, which fear India’s data onshoring move could cost them millions of dollars and set a precedent for other major governments to implement similar rules at a time when there is heightened scrutiny of how companies globally handle their customers’ data.
Foreign payment companies were caught off guard in April by the Reserve Bank of India’s (RBI) one-page directive that said all payments data should, within six months, be stored only in the country for “unfettered supervisory access”. India’s finance ministry, in a meeting held in June with RBI officials and executives from payment firms, said that a possible solution could be that companies would be allowed to store data offshore, as long as a copy was kept in India. The ministry has also proposed clarifying the kind of data that needed to be stored and the time given to implement the directive, according to a copy of the minutes of the meeting reviewed by Reuters.
At the June meeting, RBI executive director S Ganesh Kumar said the central bank had been approached about the companies’ concerns and was in the process of issuing a circular to clarify the rules, according to the minutes. Suggestions made at the meeting would be helpful in deciding the matter, Kumar said. MasterCard and American Express declined to comment. Visa and RBI did not respond to an email seeking comment.
“This is a big step and shows India has a progressive outlook towards businesses,” said an executive with one of the payment companies, adding that the ministry had tried to address some of the industry’s biggest grouses. “This will hopefully serve as a precedent for other regulators who might be thinking of data localisation,” said a lawyer familiar with the matter, adding that this would also allow for data processing and analytics – which is currently done offshore – to continue.

domain: news


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April 6, 2018
BBC Worldwide has secured new partners for the CBeebies series “Something Special,” a daily TV show that features star Justin Fletcher, his alter ego Mr. Tumble and encourages children to explore the world around them.
Master toy licensee Golden Bear will expand its toy ranges with new products set to hit shelves in August including a 3D backpack and puzzle. The products follow the range’s successful launch last fall.
Egmont Publishing has been named master publishing partner and will launch five titles in August including an annual, two novelty books and two activity titles; Kinnerton will produce seasonal confectionery and will roll out a range of Something Special advent calendars, miniature figures and Easter eggs; and Inspiration Works will launch an electronic learning tablet in fall/winter
“We always knew that the show, and Justin’s popularity, would mean that product extensions were going to be a hit with preschoolers but we were delighted with the response,” says Julie Kekwick, senior licensing manager, BBC Worldwide. “Now we’re pleased to be able to announce new licensees–Egmont, Kinnerton and Inspiration Works. We’re also really looking forward to Golden Bear’s new and exciting ranges.”
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CLARK Europe GmbH has held various important events in May, which was the 10th Anniversary of CLARK Europe GmbH, the Opening Ceremony for the new premises, the CeMAT exhibition in Hannover as well as the International Dealer Conference. Most importantly they attended the CeMAT show in Hannover with the biggest booth ever and it was very successful. WeThey would like to express their special thanks to their dealers, the reporters and all visitors.
Now, for continuous growth in the future, they have announced the nomination of Mr. Rolf Eiten, who is the current COO & Vice president of CLARK Europe GmbH, as the new CEO & President of CLARK Europe GmbH, effective from July 1st, 2014. Mr. Rolf Eiten has excellent experience and knowledge of the forklift industry and CLARK believe he will perform a vital role in the company management. Also, all global CLARK affiliates will keep supporting CLARK Europe GmbH, as usual. According to this nomination, CLARK Europe GmbH will benefit from the strong leadership and all CLARK families will do the best to support their valued customers.
CLARK MATERIAL HANDLING COMPANY
Since the invention of the forklift in 1917 by Eugene Clark, CLARK has been one of the global market leaders of the material handling industry. Now, the company, which is represented by over 500 dealers in 90 nations, has built over a million forklifts. CLARK has been part of the South Korean Young An Group since 2003 and provides a complete range of forklifts with electric or combustion engine drives, very narrow aisle trucks, warehouse technology and heavy goods and passenger transport vehicles. Four headquarters around the globe govern the operative CLARK business. From the headquarters in Duisburg, CLARK Europe GmbH is in charge of the region of Europe, the Middle East and Africa, with 170 CLARK dealers in 58 states.


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New Delhi, March 10: India and the US signed a memorandum of understanding (MoU) on the semiconductor supply chain and innovation partnership during the India-USA Commercial Dialogue, re-launched with a strategic outlook with a focus on supply chain resiliency and diversification and new emerging areas, after a gap of three years. Union Commerce and Industry Minister Piyush Goyal and US Secretary of Commerce Gina M. Raimondo signed the agreement during the Dialogue in New Delhi today.
The last India-USA Commercial Dialogue was held in February 2019. Since then, due to the pandemic and other factors it could not be held. Earlier, India-US CEO Forum was soft-launched by the Indian Commerce and Industry Minister and US Secretary of Commerce on November 9, 2022, via videoconference for which identified key priorities were increasing supply chain resilience, enhancing energy security and reducing overall greenhouse gas emissions, advancing inclusive digital trade; and facilitating post-pandemic economic recovery, especially for small businesses. MoU on Establishing Semiconductor Supply Chain, Innovation Partnership Signed at India-US Commercial Dialogue.
The MoU seeks to establish a collaborative mechanism between the two governments on semiconductor supply chain resiliency and diversification in view of the US's CHIPS and Science Act and India's semiconductor Mission.
It aims to leverage complimentary strengths of both countries and facilitate commercial opportunities and the development of semiconductor innovation ecosystems through discussions on various aspects of the semiconductor value chain. The MoU envisages mutually beneficial research and development, talent and skill development.
On the invitation of Piyush Goyal, Union Minister of Commerce and Industry, US Secretary of Commerce Gina Raimondo is on a visit to New Delhi, according to a statement from the commerce ministry.
India is the ninth largest trading partner for the US, while the US is India's largest trading partner and the largest export destination, according to a statement of the ministry of commerce and industry.
The bilateral trade in goods saw robust growth during the calendar year 2022 (CY2022), surpassing USD 131 billion in goods, thus doubling since 2014 (in 8 years) while total trade in goods and services is expected to cross USD 180 billion. We Would Like to See India to Play Larger Role in the Electronic Supply Chain: US Commerce Secretary.
According to the ministry statement, US is also the third biggest source of foreign direct investment (FDI) for India, and the US is one of the top five investment destinations for India. It also said this visit of the US commerce secretary would immensely contribute towards furthering trade and commercial ties between the two countries.
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)


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A Regina restaurant owner is scrambling after getting only four days notice that he will have to cease off-sales once Step 3 of Saskatchewan’s reopening plan takes effect Sunday.
“We’ve known that we’re going to be opening back up on July 11 for some time now and for someone to make a decision like that that affects small businesses that have been hit pretty hard … it’s like there’s almost no thought to it,” said Joshua McLean, owner and operator of Homestead Bar A Vin.
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Homestead closed for dine-in service on March 17, 2020 due to COVID-19. A few days later, the province announced a temporary change that would allow restaurants and taverns to supplement take-out and delivery options to sell alcohol for off-site consumption. Once all public health measures are removed Sunday, that allowance is going away.
Having a menu that doesn’t lend itself well to delivery, McLean took advantage of the change immediately. A friend built beautiful wine racks and the restaurant was transformed into what he describes as a mini bottle shop.
“That is what got us through the pandemic,” he said in an interview Friday morning.
McLean said the business was fortunate enough to make it through the pandemic. Not all small businesses were so lucky. But as the province reopens, the restaurant is going from survival mode into rebuilding mode.
“We have lost a substantial amount of money over the last 16 months. Basically, we’re kind of starting over,” he said. “Keeping this off-sale isn’t about making a bunch of money. It’s about helping make back the money that we lost. I don’t understand the decision.”
McLean isn’t the only small-business owner affected by the sudden change. NDP MLA Nicole Sarauer, critic for the Saskatchewan Liquor and Gaming Authority (SLGA), says she’s heard from a number of restaurant owners. She took to social media Friday to share a letter she wrote to the provincial government to stop what she called a “backwards decision.”
“I call on the SLGA to immediately extend the off-sale privileges for restaurants and taverns as they continue to recover from an extremely challenging 16 months of fluctuating, damaging operating restrictions,” she write in the letter.
In an interview Friday afternoon, Sarauer said giving four days notice for such a massive change in a business model shows that the Saskatchewan Party “has no understanding of how small business operates,” adding the SLGA is in desperate need of modernizing.
“There’s no reason why these businesses shouldn’t be allowed to continue on with these off-sale privileges and I think there is a growing desire to have this be allowed for restaurant owners past the pandemic,” she said.
As of Friday afternoon, Reiter had not responded to Sarauer.
When approached for comment, the SLGA provided an emailed statement, which outlined the history of SLGA’s decision to permit off-sales for restaurants and taverns during the pandemic and reiterated the July 11 expiration on the arrangement.
“We recognize that the temporary changes have been well-received and are currently conducting a review to determine if similar changes should be made permanently,” said the statement. “A decision is expected in the very near future.”
Over in Southey, the owner and operator of Liv Fresh Eatery & Catering Janna Bell said she anticipated the change eventually, but is frustrated with the short notice. She just put in an order for 15 flats of beer on Monday.
“You can’t really cancel that so I’m sitting over $1,000 in booze that won’t go out the door,” Bell said in an interview Friday afternoon, adding even a month’s warning would have been helpful. “Once they had the reopening phases set, I wish they would have sent out an email then.”
Bell says off-sales gave her one more avenue to recoup losses after being closed and restricted during the pandemic. In her own attempt to support local, she has made a point of only selling Saskatchewan-made beer, giving new small businesses like the Paperback Beverage Company (also based in Southey) more places to share their products.
“When they decided that we could sell off-sales it actually took up really really well and so I think my biggest question is at this point what harm is it doing?” she said. “What is it taking away from others?”
City of Regina to align with Sask. reopening plan on July 11
COVID-19 not disappearing as all Sask. restrictions lift Sunday
Homestead received a liquor order on Monday. McLean said he currently has five times the amount of inventory he would normally have if he were just doing table service. He received an email from SLGA on Tuesday morning informing him of the July 11 change. When he asked if an extension could be available due to the short notice, he said the answer he got back was no.
“An extension to the temporary off-sale provisions is not being offered,” said an email from SLGA to McLean. “You can contact the retail store where the alcohol was purchased to see if they will accept a return.”
But McLean, who ordered the alcohol from Wolf’s General Store in Craven, said he’s not willing to “screw over” another small business just to offload his inventory.
“That was the only solution I was given and I found it to be unacceptable,” he said.


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As the countdown to the classroom starts for thousands of students across the Valley, Scottsdale Fashion Square has become style-central to help them put their best foot forward on day one.
On Saturday, Aug. 13, Scottsdale Fashion Square’s Palm Court will be the epicenter of all things cool for school to help students look and feel their best this year, a press release explained.
As explained in the release, from 1-3 p.m., shoppers will have the chance to enjoy an afternoon of activities, including two fashion shows at 1 p.m. and 2 p.m. featuring hot styles and trends for the coming school from a host of retailers and an interactive Sephora Style Station to help students perfect their look.
With live musical performances from Desert Stages on the main stage, FORD/Robert Black Agency is holding an open call model search for kids ages 5 to 18 from 1 to 3 p.m. Scouting all genders, races and sizes, no experience is necessary other than bringing your best self, the release stated.
Additionally, Scottsdale Fashion Square will host a back-to-school drive to help collect backpacks, school supplies and monetary donations for the Boys & Girls Club of Greater Scottsdale.
From now through Aug. 31, shoppers can drop off backpacks and donations at the concierge desks, located in the luxury wing and Palm Court next to Gucci, according to the release.
For more information visit www.fashionsquare.com/giveback.


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par Brendon Nafziger
, DOTmed News Associate Editor | July 05, 2012
After half a decade of conferences, workshops, pilot studies, the lobbying for legislation and the passage of legislation, and even angry letters from long-serving U.S. senators against a seemingly obstructionist executive office, the unique device identifier (UDI) rule has, at last, arrived.
The Food and Drug Administration released proposed rules for tracking medical devices Tuesday, ahead of the December 31 deadline it would have been given by a clause in a new FDA user fee renewal bill, which Congress passed last month and President Obama is expected to soon sign.
Proponents of the new device identification system say it could have far-reaching effects on U.S health care by allowing easier tracking of recalled products, as well as helping hospitals better manage their inventories and keep expired items off their shelves. They also say it could improve clinical care by, for instance, letting paramedics know the kind of implant someone has before they even reach the hospital.
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But while the expense, and hassle, of implementing UDIs will now primarily affect suppliers, who will have to tweak their production processes, if they haven't already, many of the program's predicted benefits can only be realized once providers start incorporating UDIs into their workflow. And it's possible, too, that the government will not wait for providers to do this on their own.
"In an early version of the Affordable Care Act, there was language that would have required capturing UDI in electronic medical records," said Karen Conway, executive director of GHX, a supply chain automation company that has been working with the FDA to test aspects of UDI implementation. Although she said it was later struck from the law, Conway maintains that the Office of the National Coordinator and the FDA are still having conversations about the matter.
"If I were a betting person, I would say it could happen down the road," she said.
HOW THE UDI WORKS
The UDI is essentially a number that identifies a particular medical device. As Conway explains, it would be graphically represented on an item in the form of a barcode, RFID or other machine-readable identifier. The identifier in turn will point to a database that lists different attributes of the product that could have regulatory or even clinical significance, such as its size and whether it's sterile or contains latex.
The database is, in many ways, the key to the whole endeavor, but it still has to be forged. GHX, along with its partners, worked on a pilot test of a prototype database for the FDA in 2009. The problem is the distributed nature of medical device data. The attributes needed for the database are often kept on different systems -- some clinical, some supply chain -- and they have to all be pooled into one place. GHX is also currently working with the Global Data Synchronization Network, an FDA partner organization, on external User Acceptance Testing for the agency -- that is, to see if the database works as intended and meets its users needs. Later, the FDA would likely work with the Association for Healthcare Resource & Materials Management (AHRMM), the supply chain wing of the American Hospital Association, to test how hospitals and others access data from the database, Conway said.


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G20 members include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Japan, Russia, the UK, the US, among others.
"In terms of numbers, G20 economies implemented 20 new trade-restrictive measures between mid-October 2018 and mid-May 2019, including tariff increases, import bans and new customs procedures for exports," the report said.
WTO's 21st Monitoring Report on trade measures of the bloc was issued on June 24 and comes days ahead of the G20 summit in Japan.
These measures impact both exports and imports of the member countries including India.
Commenting on the report, WTO Director-General Roberto Azevêdo said these findings should be of "serious concern" for the whole international community.
"We urgently need to see leadership from the G20 to ease trade tensions and follow through on their commitment to trade and to the rules-based international trading system," he said.
Further, the report said a total of 29 new measures aimed at facilitating trade, including eliminating or reducing import tariffs, export duties and eliminating or simplifying customs procedures for exports were also implemented by the G20 economies.
- Front Page
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- ET Markets
- I-T Wing’s Lens on Offshore Payments by Indian Cos Now
A company, like an individual taxpayer, is also required to disclose its overseas financial interests, subsidiaries, and bank accounts in the annual I-T returns.Need More Direct and Indirect Tax Reforms
There is need for further reforms in the direct and indirect tax regimes, revenue secretary Tarun Bajaj said.Global Apparel Cos Bounce Back in Style
About half a dozen global apparel and lifestyle brands expanded anywhere between 30% and 70% to garner combined annual revenues of nearly $2 billion in FY22, reversing the performance from a year ago when Covid-induced curbs on mobility and business operations caused sales to shrink.
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SHERIDAN — The Sheridan Press has learned one of the defendants named in the wrongful death lawsuit against Sheridan’s Walmart did not work at the store at the time of the incident in question.
Frederick Lollar filed the suit in Laramie County’s 1st Judicial District Court June 18 alleging a cantaloupe contaminated with the bacteria Listeria monocytogenes caused the death of his wife, Jacqueline, in 2011 after she consumed most of the fruit, fell ill and ultimately died in the following weeks.
Lollar’s complaint alleges he went back to the store to purchase more cantaloupe and was not informed of a Food and Drug Administration recall of the product nor the reason the melons had been pulled from the store’s shelves.
The lawsuit alleges Randy Johnson was the produce manager at the time of the incident in question, but a letter from Walmart brought to the Sheridan Press Thursday asserts Johnson’s employment there ended approximately two months before the FDA recall occurred.
The lawsuit also names the Sheridan Walmart manager and other employees.


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This week the Woolwich Bank offered brand new Nokia 7110 mobile phones free to its customers. Within months many of its competitors may be giving away mobiles, or thinking of doing so. Woolwich customers can now do their banking on the move and will be offered some useful incentives to persuade them to do so, weaning them away from those expensive branches. Although this is just a pilot scheme at the moment, all being well it will be available to all customers – though probably without the free Nokia – in April. The Woolwich hopes that if other banks are slow to copy them, the offer will give them a real competitive advantage. Mobile phone banking is predicted to take-off in a big way in the next few months. When the Bank of Montreal – one of North America’s largest – asked for 500 customers to volunteer for a trial it was flooded with 100,000 responses. There are now 370 million mobile phones in use worldwide (with the United States and China the largest markets) and there should be 50 million of the new Internet-capable mobiles in consumers’ hands by the end of next year. The time has come for mobile phone banking because the technology is now in place. This year will see WAP – wireless application protocol – phones hit the market in a big way. WAP phones will initially be confined to operating on existing digital networks, but following the award of third-generation mobile licences – this year in the UK – they are predicted by Nokia to become the most common means of accessing the Internet. It will take another couple of years before WAP phones and their cousins, WAP palmtops, are generally usable through 3G networks because of the delay after the licenses are awarded in creating the new telecoms infrastructure. But even in the next few months they may begin to transform the way we use mobiles because of their capacity to cram a ten-fold increase in data transmission from existing digital messages. SMS – short messaging services – may not be so short in the future. Indeed, those banks that offer mobile phone banking are already turning themselves into information providers, as well as financial service operators. In the Bank of Montreal scheme, the phone rings when any of your stocks move beyond a pre-set price. With the American Express Bank in Hong Kong, customers are alerted if a cheque bounces or when there is a large withdrawal, as well as regularly receiving statements of account. The Commonwealth Bank of Australia will tell you when your salary cheque is cleared. And with the pilot operation run by Harris Bank in the US – part of the Montreal group – there is even a general news and weather service available. Woolwich is not the first bank in the UK to offer mobile phone banking. The two biggest telephone bankers in the country, the Co-operative and First Direct, already allow customers to conduct business over their mobiles, along with obtaining account information on their screens. But the Woolwich is taking the service to new levels, courtesy of WAP. With the Woolwich, customers will phone into the bank’s website to conduct transactions (which the bank promises will be completely secure). Through this they will obtain latest information on all their accounts – mortgage as well as current and loan accounts. They can pay bills, check on investments and switch money between accounts. Share dealing by mobile will be offered by other banks when they enter the market. The Woolwich has been approached by several mobile networks to try and tie-in cheap phone services alongside the mobile banking. This fits with the combined services available from other banks that have tried it before. First Direct provides free account information, provided customers purchase the mobiles from them. The Co-op gives Orbitel 905 handsets to preferred clients. Free mobiles can be effective not just in buying customer loyalty, but also in building up customer knowledge. It is the longer game plan that is most interesting. WAP phones will be capable of functions that most consumers have not even dreamed of. They may be used as barcode readers to assist shoppers phone through grocery orders for home delivery. But they may also become wallets. Banks are keen for us to dump our obsession with cash, and move to clean and secure fully electronic transactions. As the Mondex experience in Swindon showed, the public is less enthusiastic. But banks hope that WAP phones will be the dawn of ‘new money’. These phones can carry an electronic purse in their memory, for recharge through a call to the bank. Spending the electronic pound or euro will be as easy as passing the mobile across the side of the till. Vodafone’s takeover of Mannesman means, the future may no longer be Orange. But the future looks as if it will be digital, and will be Internet enabled. – Paul Gosling is a regular contributor to the Independent and Express newspapers and author of Changing Money. ?:
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel


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Reuters/Murad Sezer - A street vendor selling watermelons talks on his mobile phone as he waits for customers at Taksim square in central Istanbul June 9, 2013.
From Know-Who to Know-How: Turkey and the “middle-income trap”
February 19, 2015,
Martin Raiser explores why Turkey’s economic growth rates have moderated and why it has remained a middle-income country. He finds that the real challenge for Turkey lies with the creation of the institutional prerequisites of a high-income country.


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All across the country, shopping malls are going extinct. Online shopping has made it hard for big retail chains to compete, leaving some malls mostly empty. But in the upstate New York town of Massena, people are starting to fight that trend — by filling up their local mall with businesses they started themselves.
This segment aired on December 22, 2017.
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Creative Business Network: Michael Moszynski represents the UK Creative Sector in Poland
OCTOBER 16, 2023
Michael Moszynski, UK Advertising Export Ambassador and LONDON Advertising CEO, took the stage at Creative Business Network, an extension of Poland’s renowned Filmteractive event. Filmteractive has served as a hub for culture managers, digital industry leaders, and creative sector executives seeking innovation and partnership opportunities for over a decade. During his interview with Oleg, Filmteractive’s Founder, Michael delved into how UKAEG was started by the industry and the unique partnership it has with Government and the Department of Business and Trade.
With advertising exports exceeding £15 billion in 2021, the UK ad industry has continued to be a leader in the field, and taking the stage at events like this to passionately advocate for the UK sends a compelling message to the world and ensures our continued growth.
“As someone of Polish descent it was a great honour to be able to represent UK Creative Industries at the Filmteractive Event in Warsaw, which is a gathering of the Polish creative sector.
The last time I had been in the City, fifty years ago, it was under communism and since then Poland has been transformed through the ingenuity and hard work of its people. The creative sector here is testimony to that.
At the event I heard about how the talent pool in digital, AI and blockchain has been enhanced by the influx of Ukranians since the invasion. How the City of Lodz has created a cluster effect of related creative and tech start-ups by pooling their resources and strong marketing.
I also learnt first hand how Polish companies can provide added-value and cost competitive services to the UK creative sector, but their challenge is that they do not know how to reach them.
What does seem to be lacking though is any significant support for the sector from Government.
In my presentation I was also able to highlight how UKAEG working in partnership with the UK Government’s Department of Business and Trade has provided direct support to aid the growth of UK creative sector, which is creating new jobs at five times the rate of the rest of the economy.
The Government has also helped the flourishing start-up sector through SEIS (the most generous incentive to invest in start-ups on the planet) and the introduction of Employee Ownership Trusts which my agency has adopted to sell our business to our staff, so avoiding the challenges of being owned by one of the large Groups.
I am therefore delighted to announce that the Founder of Filmteractive, Olgierd Cygan, is planning to bring a range of Polish creative agencies to the UK with the support of the British Council and the Polish Embassy in London. He has asked UKAEG to provide an interface with our sector to give our agencies the opportunity to explore potential partnerships.
The opportunity for Anglo-Polish co-operations and partnerships I am pleased to report looks like an idea whose time has come.”


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Move over London, Paris and New York — Manchester is catching up fast as an international fashion business hub.
Manchester is now home to a number of powerhouse fashion brands including Boohoo.com, Missguided, Lindy Bop, Simply Be, Jacamo and JD Williams.
It also has the infrastructure, with a proud industrial history in textiles and first-class fashion business education and training opportunities.
Maria Malone, Principal Lecturer in Fashion Business at Manchester Metropolitan University said: “The heritage of fashion in Manchester is everywhere.
“As the home of the industrial revolution and the heart of mass produced textiles and garments, Manchester is surrounded by historic and current fashion in the form of museums.”
Manchester-based fashion firm Boohoo.com has seen its share price rise from about 22p at the start of 2015 to around 224p today, giving it a current stockmarket value of around £2.5 billion, according to Bloomberg data.
Manchester’s N Brown Group is home to brands such as the Simply Be for the plus size female, JD Williams for the over 45 market, and Jacamo for men up to 5XL.
Womenswear Buying and Design Director for N Brown Group, Julie Donnelly said: “Manchester has a ‘cool’ city reputation.
“It’s home to a fabulous university which has a fantastic reputation for delivering talented fashion graduates into the industry, giving a boost to the local economy.”
Manchester provides a number of fashion education programs that teach everything from fashion buying, and merchandising to business and management.
Fashion at Manchester Metropolitan was ranked fourth out of 56 UK universities in The Guardian University rankings. The school currently has 2,263 students at the Fashion Institute.
Malone offered her view on why brands like Boohoo and Missguided are so successful: “These two companies are enjoying rapid expansion due to their continued success with cutting edge promotion and highly demanded affordable design.
“They have a flexible and rapid supply chain, set up to react quickly to the wants and needs of their target customer.
“They have a young team of staff, many educated by us, who know instinctively who the customer is, what they want and how much they are prepared to pay and they bring this to the customer quickly.”
Private fashion firms in Manchester are also making a name for themselves.
Vintage clothing brand Lindy Bop was founded in 2011 by Dylan Cross, who previously had sold vintage clothing on eBay.
Cross designs the products and oversees a team of designers — the creative side of the Lindy Bop brand.
Kieron Ellis manages the finance and operations sides of the business at Lindy Bop, after working with another Manchester fashion brand.
Cross and Ellis said the vibe of Manchester “directly affected the Lindy Bop brand” since it was founded in East Yorkshire in 2011 before the head office moved to Manchester in 2015.
They said the move was directly influenced by Manchester’s reputation in the UK fashion industry.
In a joint statement, they said: “It creates specialised expertise within the fashion industry which Manchester companies can benefit from, which in turn can help the Manchester community when these companies grow and develop.
“Currently there are several fashion companies from Manchester growing successfully on the national and international stage, which can only benefit the city.”


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Jawans to wait longer for better sports shoes
New Delhi: Indian Army jawans will have
to wait for superior quality sports shoes as the project to
procure these footwear has been put on hold after a protest
over the use of cow leather to produce them.
The sports shoes were to be issued free of cost to all
Junior Commissioned Officers and Personnel Below Officer Ranks
(PBOR) in the next few years, replacing the old brown canvass
PT shoes given to them presently, Army sources said here.
"The project has been put on hold after protests were
registered with the Defence Ministry by some animal rights
activists over the use of cow leather to produce the shoes in
large numbers," they said.
Sources said earlier specifications for procurement
said the shoes had to be made of either leather, canvass or
cloth but it was amended by the Master General Ordnance (MGO)
branch, which included cow leather also in it.
"We had carried out a feasibility study and found that
shoes made of cow leather would have lasted longer and they
were found to be fit for use by our soldiers," the MGO said.
The Army had started the process of issuing better
quality sports shoes to replace the basic brown canvas PT
shoes provided to jawans in 2008.
Trials were also carried out and some of the companies
were also shortlisted for the possible award of the tender for
over eight lakh shoes.
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OIA’s Future Leadership Academy Honors Outdoor Legend Skip Yowell
October 14, 2016
As the first class graduates, OIA opens selection process for second class
Marking the year anniversary of his passing, the Outdoor Industry Association (OIA) honors Skip Yowell and his incredible impact on the outdoor industry through his namesake’s program, the Skip Yowell Future Leadership Academy.
In August, the first Skip Yowell Future Leadership class marked their graduation from the program. They spent nine months learning from industry founders, studying current issues and working together to prepare for the future. Skip was a genuine visionary who created great gear and also held high the values of our industry: protecting the places we recreate, building community, seeking collaboration and providing mentorship. The Academy aims to harness those values and bring them to the next generation of outdoor leaders.
Through the program, participants receive development opportunities that include education about important outdoor industry issues, leadership training, mentoring from industry veterans and direction for forging the community that will make our industry stronger and better in the years to come.
Longtime colleague and friend of Skip, Larry Harrison, Brand Development Director at Outdoor Retailer, said, “I don’t know that you can teach eagerness, but after Joe Bustos, Retail Relations Manager at Outdoor Retailer, rejoined us from his Future Leadership Academy experience, he had a new level of confidence, one that would have made Skip proud. Skip always jumped in and got his hands dirty, whether growing sunflowers or developing a marketing plan or a new pack design.”
The 2016 Future Leadership Academy Graduates (FLAGs) credit the Academy with providing a once-in-a-lifetime opportunity to learn with and from the industry’s most influential leaders.
“The Skip Yowell Future Leadership Academy reassured me that the outdoor industry is my home and I am here to stay,” said Bustos. “The education and mentorship I received from the Academy also gave me more confidence in my current position and a new outlook on what the future of the outdoor industry can look like.”
Through a methodology called Design Thinking, participants learn outdoor industry values from experts, founders, and current leaders, as well as the other members of their cohort.
“We believe the most impactful learning is based in experience. Our approach to education is best described as a ‘guide-on-the-side’ vs. ’sage-on-the-stage’,” said Stasia Raines, Director of the Future Leadership Academy. “Skip practiced this kind of teaching and mentoring throughout his life, as evidenced not only by his business ethos, but by his volunteer work and mentoring relationships. He was a guide first. We are proud to honor him with this program.”
Now in its second year, OIA is accepting 30 outstanding future leaders to the program, which kicks off in January. Applications are open now through October 28. The goal of the program is to prepare and unite the next generation of outdoor industry game-changers. For more details, a schedule and information, please visit https://outdoorindustry.org/events/oia-education/oia-future-leadership-academy/.
About the Outdoor Industry Association
Based in Boulder, Colo., with offices in Washington, D.C., Outdoor Industry Association (OIA) is the leading trade association for the outdoor industry and the title sponsor of Outdoor Retailer. OIA unites and serves over 1200 manufacturer, supplier, sales representative and retailer members through its focus on trade and recreation policy, sustainable business, market and consumer insights and industry trends. For more information, visit outdoorindustry.org or call 303.444.3353.


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Listen To This Post
King & Cardinal, a locally founded eatery that offers burgers, boba, and beers, is opening a third DFW-area location. Per lease intel, the restaurant is opening at 2587 FM 423, in suite 400 of The Village at Eldorado.
King & Cardinal currently operates a popular Frisco location at 14550 TX-121 which opened in 2018, as well as a location in Irving at 8350 N MacArthur Blvd which opened earlier this year. The Little Elm restaurant will be the brand’s third Texas location. When asked when it would open, a Frisco restaurant employee said she “wasn’t sure,” and the brand has not officially announced a date.
According to a Facebook post from July, a Cedar Park location is also in the works. “The construction is still in progress. So, watch…this space for opening dates!” the message reads. In August, King & Cardinal opened its first out-of-state location in Bentonville, Arkansas.
King & Cardinal takes an American classic – the burger – and gives it a flavorful Indian twist. Guests can choose from a variety of chicken, veggie, mutton, paneer and masala burgers. Wings, samosas, sandwiches, bubble tea, beers, chai, and thick shakes are also on the menu.
Owner Gopi Tokala told the Dallas Morning News that the restaurant gets its inspiration from his native India, where chicken and mutton burgers are popular street foods.
“In India, burgers are pretty popular,” he said. “I wanted to bring those same flavors here.”


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The live images of Samsung Galaxy S8 has been leaked via Slashleaks, which features not only front side but also the rear side. Interestingly, the Samsung Galaxy S8 has been wrapped inside a ribbed case. Moreover, the date and time on the handset are referred to as August 2, 12:45. The bottom portion has been erased deliberately. We expect the integration of a fingerprint scanner along with physical navigation buttons on the display.
If you compare the previously leaked images, the latest image reveals the same bezel-free design alongside a single camera on the rear with a fingerprint sensor. Moreover, we can also clearly visualize a LED flash paired with a heart rate monitor. Since here is no official confirmation, you should accept the fact only with a pinch of salt.
The leaked specifications of Samsung Galaxy S8+ via Evan Blass aka @evleaks reveals the presence of a 6.2-inch Quad HD+ Super AMOLED display, 4GB RAM, 64GB internal storage, 12MP Dual Pixel rear camera, 8MP front-facing snapper loaded with Android. There is no specific information about the Android version but we expect it should be that of Android Nougat.
Samsung Galaxy S8+ spec sheet. Impress your friends, confound your enemies…with knowledge. pic.twitter.com/lHrHge8BUa
— Evan Blass (@evleaks) February 22, 2017
Furthermore, the handset will provide support for dust and water-resistant via IP68 technology, Iris scanner, Samsung Knox and Wireless charging. Samsung will not bundle charging pad but it is sold separately. The earphones expected to be integrated with the upcoming smartphone will be powered by AKG.
Although Samsung will announce the smartphone at MWC 2017, the actual launch event will take place in March followed by the general availability on April 21. The delay is due to the rigorous testing of the phone since the company is not in a position to face another debacle like Samsung Galaxy Note 7.
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Volvo has reported strong sales growth for the first nine months of 2021, up 17.6 per cent, while reporting massive declines for the month of September, 2021, due to component shortages and production slow-downs.
During September, Volvo sold 47,223 vehicles around the world, which is down a staggering 30.2 per cent compared to the same month last year. This decline was due to a shortage of components, Volvo says.
Though, across year-to-date sales, the company saw a strong resurgence of online orders, which were up 360 per cent compared with online sales during the first nine months of last year.
All up, Volvo Cars sold 530,649 vehicles around the world during the first nine months of 2021, representing a near 20 per cent increase over the same period last year, which was massively impacted by the COVID-19 pandemic.
Volvo enjoyed significant growth in the USA (up 29.6 per cent), Europe (up 10 per cent), and most importantly for Volvo, the Chinese market (up 17.1 per cent). The XC60 continuing as the company’s best-seller.
Sales of Volvo’s plug-in hybrid and fully electric vehicles continue to rise, too, accounting for around 24.9 per cent of its overall sales for the first nine months of 2021, and accounting for 26.9 per cent share in September, 2021.
In Australia, Volvo sold 7339 vehicles across the first nine months, up an impressive 38.7 per cent on the same period last year. The most popular model locally is the XC40, making up 3288 units.


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Bahrain is steadily moving towards achieving the objectives of its national strategy for comprehensive digital transformation.
2021 was an exceptional year in this process, which was reflected in the statistics and indicators of the number of users of electronic services in the government sector.
Secured funds increased by 116 percent to reach about 500 million Bahraini dinars (about $1.3 billion), a first.
Bahrain’s digital transformation strategy, as part of its Economic Vision 2030, is based on raising the efficiency and effectiveness of the government sector and improving government procedures and processes.
This will contribute to the simplification of government procedures and processes to benefit all users, individuals, and institutions.
The private sector, which is considered a key driver to advance the economy, was involved in the provision of electronic services, software development, and electronic payment services.
The digital transformation strategy is led by a Higher Committee for Information and Communication Technology, while the Information and e-Government Authority is responsible for its implementation.
The latter announced “a number of achievements that were positively reflected in 8 government sectors, such as transportation, communications, real estate, housing, youth affairs, sports, traffic, and others,” according to its chief executive officer, Hamad Ali Al-Qaed.
The authority had launched a number of initiatives supporting this trend, including the interface of the National Portal, and its development for a number of government systems, such as the self-service platform project and a community awareness system.
Bahrain has accompanied the digital transformation process by enacting laws that contribute to the regulation of electronic transactions and the legalization of electronic signatures.
On the road to digital transformation
The most prominent achievements of Bahrain in the process of digital transformation last year, according to a report issued by the Information and e-Government Authority, are:
– Revenues from electronic services increased to 498 million Bahraini dinars, or 116 percent, while the number of visits to the national portal reached more than 15 million visits, an increase of 37 percent over the year 2020.
– Since the launch of the e-government program until the end of 2021, the authority has been able to provide more than 563 e-government services through several electronic channels. 434 services have been developed through the national portal, and 19 services via the self-service platforms, in addition to 110 services via smartphone applications in the e-government application store.
– The past year witnessed the launch of 57 new electronic services provided to 8 sectors launched by the authority in coordination and cooperation with relevant government institutions and bodies, as well as the development of 8 government systems. The Ministry of the Interior had the largest share.
– The continuous development of government systems contributed to a reduction in government operating expenses by 86 percent, which increased the use of electronic services by 91 percent compared to traditional ones.
This development also contributed to time savings needed to complete transactions, reaching 77 percent, which caused a shift in the behavior of the auditors in terms of enabling them to obtain government services electronically without the need to visit service delivery centers, which in turn contributed to maintaining their health and safety and the safety of employees in light of the Corona pandemic.
– The number of financial transactions increased compared to the year 2020 by 65 percent, reaching more than 3.7 million transactions involving all government agencies.
Government applications for smart devices saw an increase in the number of users by 141 percent as the number of users reached 1.3 million users.
The number of transactions amounted to more than 937 thousand transactions, an increase of 84 percent for the year 2021.
The increase in use is due to having an aware society and electronic dealings made for electricity and water services, while the collected amounts amounted to more than 54 million dinars, with an increase of 98 percent, as a result of the launch of new services on smart apps.
Gulf countries top the ranking of e-government services maturity index
Gulf countries have topped the rankings in the e- and mobile government services maturity index, as indicated by the results of the third edition of the e- and mobile government services maturity index in the Arab region, issued annually by the United Nations Economic and Social Commission for Western Asia (ESCWA) since 2019.
The e- and mobile government services maturity index measures the government’s performance in providing 84 necessary services to individuals at various stages of their lives, and for companies throughout the management of their operations up to their closing transactions.
The results of the third edition showed a significant improvement in the performance of Arab countries in the index compared to the previous year. Eleven Arab countries out of the 13 that participated in measuring the index achieved higher results than the previous year in terms of service availability and development, which indicates an increased interest in Arab digital transformation.
The report indicated an increase in the use of electronic services provided by governments in many areas, especially in the health sector, which ranked first, while other sectors still need to digitize more of their services, including justice, tourism, and the financial sector.
According to the supervisor behind the preparation of the index at ESCWA, Muhammad Nawar Al-Awa, “Some Arab countries have become leaders in digital transformation globally, while others are still at an early stage of implementation.”


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Cannabis hiring platform Vangst revealed Thursday that it has secured $19 million in financing through a Series B funding round.
Led by Level One Fund with participation from previous investors including Lerer Hippeau, Colle Capital, Casa Verde Capital, Phyto Partners and new investors including L2 Ventures, Althea, Delta Emerald Ventures, Achari VC, the round highlights the Vangst's growth over the last three years, the Denver-based company said.
What It Means For Vangst
Vangst intends to utilize the new funding to expand its platform into new markets to support the influx of jobs as well as to launch products that support both cannabis businesses and employees, including training and employee payment solutions.
The Vangst platform streamlines the hiring process by matching both full-time employees as well as vetted, credentialed, W2, on-demand GIG workers with cannabis businesses across the U.S. Currently, Vangst works with 1,200 of the leading cannabis businesses, including Green Thumb Industries Inc. GTII GTBIF, Dutchie and Holistic Industries.
Cannabis Hiring Trends
Over the past year, the cannabis sector reported a 25% increase in full-time employees and currently employs over 400,000 individuals, the company noted. Moreover, cannabis employment is expected to grow 100% by 2025.
"Cannabis is an undeniably large and fast-growing market, and Vangst is the only company offering scalable recruitment solutions tailored for the industry's unique needs," James Stewart, managing partner at Level One Fund said. "Few, if any industries, share the constant state of flux and unpredictability that cannabis has, and consequently, there are only a handful of founders equipped to handle the challenges that come with it. Vangst is not only an extremely effective solution to these challenges, but its founder is a true force of nature. We are proud to lead this round and support Vangst as it continues to be a crucial utility to the entire industry."
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga Cannabis Conferences are coming to Los Angeles
Join the Benzinga Cannabis Market Spotlight: California, and unlock the future of cannabis at the premier networking event in Culver City on February 22. Connect with top industry leaders, gain insider insights into the investment landscape, and shape the evolving markets in California and beyond. Don’t miss this chance to be at the forefront of the cannabis industry’s growth and innovation! Join now.


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What’s the Latest Development?
Foodborne illness that results from bacterial infection is relatively rare but the consequences can be serious, such as in 2011 when a cantaloupe shipment infected with listeria resulted in the deaths of 33 people. A year later, listeria-tainted cheese killed four. But soon, a Boston-based company willmarket a test kit that detects this deadly bacterium in the processing plant, before it reaches the grocery store. “They’ve used the tools of synthetic biology to create this novel, rapid test for Listeria contamination. … The lag time built into existing tests forces companies that deal in perishable foods to make a tough choice between waiting for results or shipping potentially unsafe food.”
What’s the Big Idea?
The new test is likely to be used because the results can be delivered in three to four hours, compared to 16 and 48 hours for current tests on the market. “The faster you can get results, the closer to real time, the better off you are,” said Will Daniels, senior vice president of Earthbound Farms. His company grows and packages organic salads and other produce. “Food processors are the initial target market for [the] test kit, such as those who wash and package freshly harvested lettuce for retail sale. Twelve international food companies will begin using the system in July. It won’t be generally available until January 2014.”
Photo credit: Shutterstock.com


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THE MAN credited with pioneering the ground-breaking technology of Li-Fi will explore its future in offices and public spaces in a special presentation at LuxLive 2018.
Professor Harald Haas, dubbed the so-called ‘godfather of Li-Fi’ will explain how the transmission of data by visible light from LED lighting can turn lights into Internet access points and free up congested bandwidth.
Haas, the chief commercial officer of pioneering Scottish start-up, pureLiFi, will outline an exciting future in which lighting and digital services can merge to create responsive workplaces.
Other top names speaking in the Property Technology Live 2018 arena at LuxLive include CBRE, British Land, JLL and WeWork.
Taking place on both days of the exhibition – Wednesday 14 November and Thursday 15 November 2018 – Property Technology Live brings together a global community of developers, landlords, tenants and technologists to explore how we can transform our workplaces into exciting destinations of choice.
As the lines between professional and personal lives blur, high expectations are being set for the workplace. It’s becoming a key differentiator for employers to attract and retain talent, expecially millennial and so-called Generation Z. Flexibility, wellbeing and engagement are now the key drivers transforming the workspace experience.
Property developers and landlords are increasingly seeing igital technology, including the Internet of Things, as a way to create enhanced environments and deliver data about productivity and utilisation.
The programme includes some exemplar projects which are showing the exciting future of the workplace.
Wednesday’s keynote will see Star Davis of WeWork in New York discuss the role of technology, design and lighting in creating the company’s distinctive interiors. The company has disrupted the commercial property market with its unique offer of playful, collaborative interiors.
The programme also features CBRE’s remarkable regional office in Amsterdam. The installation of ‘human-centric’ lighting there has boosted productivity by 18 per cent and improved work accuracy by 12 per cent. Additionally, 76 per cent of employees reported feeling happier and half felt healthier. Here, Rick Jacobs, managing director of CBRE Global Workplace Solutions, will us through through the project.
Another exemplar is Cundall’s London office at One Carter Lane, the first building in Europe to achieve the WELL Building Standard – and only the seventh in the world to go through the process. Achieving the standard isn’t always about extra cost, it’s just thinking about the space in a different way, explains Alan Fogarty of Cundall in his presentation.
‘Active wear’ fashion brand Gymshark, by contrast, features human centric smart lighting in its new HQ in Birmingham. Katie Watkinson, special projects manager at Gymshark will explain the concept, the execution and the results in terms of employee wellbeing.
Sensors and devices in a digital office such as occupancy detectors, beacons and low-resolution cameras generate and interact with data which is now subject to GDPR legislation. In a special debate, a panel of experts will explore what will the impact will be on the nascent digital workplace. Joining the panel are Akshay Thakur, director, JLL; Simon Coombes, chief technology officer, Gooee; Dr Willhelm Nehring, Global CEO, Osram DS; David Mudd, global digital & connected product certification director, BSI and Jeremy Turner, director of FAB Controls.
- Property Technology Live is free for developers, commercial tenants, consulting engineers, technologists, designers and contractors working in the property sector. To view the full programme and register, click HERE.


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Talent War Still Raging
Highest on recruiters’ skills hit list, according to the survey: leadership and management skills.
At least among the firms who participated in the survey by consultant Accenture, job cuts appear to be tapering off. Seven of ten respondents said their staff levels would remain constant or increase slightly. More than half said any hiring would likely come by the end of the first quarter.
In examining other corporate concerns, the Accenture survey, conducted by research firm Wirthlin Worldwide, found that:
- 20% of respondents said their workers don’t have enough information to do their jobs,
- 35% said their workers don’t understand the company’s business strategy, and
- 31% say that workers can’t collaborate effectively across the company
To address these issues, executives said they planned to engage in a combination of initiatives, including:
- 78% said they would retrain staff,
- 88% plan to restructure roles and responsibilities, and
- 56% will outsource needed capabilities
The survey also included positive news for the travel industry: 81% of corporate executives said that business travel would increase in 2002. Only 17% said their travel cutbacks were permanent.
The survey involved 150 senior executives from FORTUNE 1000 companies in December and January.
« Employers Cut Jobs – Not Perks, Pay


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GT’s Debut in London a Smashing Success, Sells Out at Planet Organic in Only Two Weeks with Whole Foods Up Next
This was a surprise, even for the Kombucha King.
Just two weeks since making its British debut on the shelves in Planet Organic stores across London, GT’s Kombucha has sold out.
That comes two weeks earlier than anticipated, signaling that British fervor for fermented beverages has risen to a fever pitch.
All 204 cases of GT’s products at Planet Organics have sold, with GT’s Aqua Kefir the first individual product to sell out. GT’s partnership with Philadelphia-based wellness exporter Grovara has Planet Organic with a full month of exclusivity for GT’s products in London. With new product already being shipped overseas for Planet Organic to reload, Whole Foods is up next for GT’s.
Grovara CEO Peter Groverman and President Abu Kamara said their company is in talks with Costco UK for distribution of GT’s starting in 2020.


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Samsung Foldable Phone Rumors : Latest buzz over internet is all about Samsung’s next flagship Samsung Foldable Phone. There are many rumors hearing over internet about Samsung’s new project. Gaint South Korean company lately involved in project Samsung new folding smartphone named as “Project Valley.” This project is announced in early stages of development. As per SamMobile in a Chinese micro-blogging site Weibo, “Project Valley” is currently undergoing testing. Samsung foldable phone device is being trailed with two possible hardware configurations. Configurations being tested are Snapdragon 620 Processor, Snapdragon 820 Processor. Both configurations are equipped with 3GB of Ram and micro-SD slot.
Samsung first Foldable Smartphone Release in to Market Rumors
According to Project Valley or Project V, Samsung’s new handset will looks like Notebook with distinct halves which can be folded. Samsung’s phone has flexible screen touch with dual display. Project Valley is now working on two prototypes Snapdragon 620, Snapdragon 820, Carrying 3GB RAM and microSD card slots for memory expansion. Reportedly launch of first Samsung foldable Smartphone will be in early january 2016. There are no particular images to describe Samsung’s First foldable Smartphone. But recently there are leaked images of Samsung Foldable Phone patent application and a video to show how the Samsung Foldable phone looks like have a look on it.
As per PatentlyMobile publishing Samsung company’s Patented a new Hinge System for new Samsung foldable phone that supports a OLED Display. As per company by the end of year 2015 there will official release 0f Samsung first foldable Smartphone. It is almost end of 2015 till now no official announcements from Project V developers. During the patent application numerous designs regarding Samsung’s new flagship foldable phone are published. Last month one of Samsung’s latest and simplest foldable phone designs surfaced in a patent application completely describes the redesigned hinge system that supports a single OLED display without damage.
Samsung Foldable Phone Latest Invention
Samsung filed their U.S. patent application back in February 2015. Below are the patented prototype images. Prototypes are not exactly same as original. Gives you an estimation, How the Samsung Foldable Phone Looks when it is launched into market. Flexible OLED display is designed to fold in the middle using and elastic unit configured to apply a tensile force to the flexible display device at the unfolded position.
This Might help you –>> 100% Workable Legit Ways to Earn Money Online from home.
Need to wait till Early 2016 January to see this amazing flagship. Hope Samsung foldable phone will be the biggest one ever. Latest updates regarding Samsung Foldable SmartPhone will be made available on intervals here keep visiting to know more.


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Iran’s civilian population is already reeling from sanctions that, according to the United Nations, are cutting access to medicine and humanitarian goods. But today, Maersk Line, the world’s largest shipping container company, announced it will end port service in Iran.
In Maersk’s statement, they declared that their cargoes had been limited to goods for the welfare of the general population:
“To date, Maersk Line’s business in Iran has involved transporting foodstuffs and other goods, for example vehicles, for the benefit of the general civilian population. It is with regret that it is ceasing these activities.”
Maersk’s spokeswoman cited concerns about the possibility of penalties from the U.S. government, despite the fact that food is supposedly exempt from current U.S. sanctions:
“This is a pragmatic decision based on an assessment of balancing the benefits of doing limited business in Iran against the risk of damaging business opportunities elsewhere particularly the U.S.”
Maersk’s shutdown can only make basic foodstuffs more scarce for Iran’s civilian population, a trend we are likely to see continue as sanctions escalate. As the UN reported in August:
“Even companies that have obtained the requisite license to import food and medicine are facing difficulties in finding third-country banks to process the transactions.”
Because of the litany of broad economic sanctions in place, there are increasingly limited channels for legal humanitarian transactions regarding Iran, and fewer and fewer banks and companies willing to take the risk of violating the myriad sanctions. Last week, a dozen U.S. lawmakers called on the President to take steps to ensure banking sanctions differentiate between blocked transactions and legally allowed transactions, such as food and medicine.
Iran is turning to unorthodox methods of securing food for its population. Traditionally a wheat exporter that allowed the private sector to manage food imports, Iran’s government has recently made large wheat purchases from Australia, Russia and the EU, as well pushing for a barter deal with Pakistan (Iran would send Pakistan pig iron and fertilizer in exchange for wheat).


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Fix for Intel's massive CPU security flaw might slow down your PC
It requires a significant change at the OS level.
Apple ignored a major HomeKit security flaw for six weeks
Locks, cameras and lights were open to attackers.
DHS finds first responder apps are plagued by security issues
32 out of 33 apps surveyed in a study had vulnerabilities and privacy issues.
Windows 10 included password manager with huge security hole
Or, why bundling third-party apps can create risks.
Apple releases iOS 11.2.1 to restore limited HomeKit functionality
A HomeKit security vulnerability allowed unauthorized access to smart devices.
iOS HomeKit bug exposed smart locks to unauthorized access
Apple has already put a fix in place.
Apple fixes macOS bug allowing full access without a password (updated)
It comes a day after word of the flaw got out.
Amazon Echo and Google Home were vulnerable to Bluetooth exploit
Don’t worry, these vulnerabilities have already been patched out.
OnePlus inadvertently left a backdoor on its phones (updated)
It's the second security flaw in as many months.


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The Mastercard Economics Institute released its annual forecast for the coming year, which shows how a new multi-speed global economy will affect growth and consumer spending behaviour.
The report indicates that some markets will feel the impact of inflation and rising interest rates more keenly.
‘Economic Outlook 2023’ draws on a multitude of public and proprietary data sets, as well as models that are intended to estimate economic activity across the Eastern Europe, Middle East and Africa (EEMEA) region.
The report explores four themes that will continue to shape the global economic environment — high interest rates and housing, trading down and shopping, prices and preferences, and shocks and omni-channel.
Among the key findings of the report are costs of living, a decrease in gaps between affluent and non-affluent households, as well as a housing boom
As food and energy costs eat up a greater share of the consumer budget, lower-income households will feel an especially strong pinch.
From 2019 to 2022, discretionary spending by high-income households grew nearly twice as fast as for lower-income households. However, much of this gap will diminish with the normalisation in inflation. The Mastercard Economics Institute expects inflationary pressure to ease next year, with the average inflation rate of developed economies falling from 7.1% YOY in Q4 2022 to 3.1% YOY in Q4 2023.
Meanwhile, many markets in the Middle East and Africa show a larger gap between affluent and non-affluent households in 2019 vs 2022 discretionary spending, e.g., Morocco with 71% and Jordan with 60%.
Qatar, however, is bucking the trend. From 2019 to 2022, discretionary spending for affluent cardholders surged by 104.9% while discretionary spending for non-affluent cardholders increased by 103.9% – a difference of one percentage point.
After years of a housing boom, higher interest rates are poised to squeeze cost-of living-budgets, shifting the way consumers spend broadly. In major developed countries, the outlook anticipates housing-related spending as a share of goods to fall an estimated 4.5% over the course of 2023, below pre-pandemic levels.
In most EEMEA markets, housing-related spend remained at the same levels in 2022 as in 2019.
Broad spending should maintain resilience in the face of inflation, with consumers choosing wallet-friendly brands and chasing the best value. Globally, grocery shoppers made31% more trips to the store this year compared to 2019 – partially to reduce food waste – while their average spend per visit was roughly 9% lower.
Businesses with an omni-channel presence are likelier to withstand shocks by meeting customers where they want to shop. The analysis suggests that having a multichannel presence provided a six-percentage-point lift in retail sector sales through 2022. Small and large restaurants were saved from losing an additional 31% of sales during the height of lockdowns with their omni-channel presence. Similarly, small omni-channel clothing stores outperformed online-only and brick-and-mortar-only firms, growing 10% and 26% faster, respectively.


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Videos by OutKick
Internal affairs is investigating the official Twitter page of the Chicago Police Department for liking a tweet of country star Travis Tritt declaring a Bud Light boycott over its partnership with gender-hustler Dylan Mulvaney.
Screenshots show @Chicago_Police liked Tritt’s now-viral tweet on Wednesday about “deleting all Anheuser-Busch products from my tour hospitality ride.”
The department removed its “like” of the post by Friday morning, a tweet with over 20 million views.
A Chicago PD spokesperson then confirmed to the Chicago Sun-Times that its Bureau of Internal Affairs was on the case, investigating the matter following a complaint.
The social media director for the department could use the excuse they “accidentally” liked the tweet while scrolling through the timeline.
“I accidentally liked the tweet” is the new “I was hacked.”
However, we hope the individual instead admits to liking the tweet in support of biological women. Society needs more sane voices on the topic of transgenderism.
Dylan Mulvaney is a fraud. His/her schtick is using womanface rolling women while taking their opportunities away.
Corporate brands honor Mulvaney for cosplay. A Bud Light campaign produced cans with Mulvaney’s face to celebrate “365 days of womanhood.”
Not to be outdone, Nike then hired Mulvaney to show off sports bras for women. Nike chose a dude to model women’s clothing.
Dylan Mulvaney is an insult to women. And Travis Tritt is brave enough to say it.
As was Kid Rock who responded to the Mulvaney-themed cans by shooting up cases of beer, chanting “F–k Bud Light, and f–k Anheuser-Busch.”
Let’s hope Tritt and Kid Rock have the back of the pro-woman social media director at the Chicago Police Department, who is most certainly getting fired.
2 CommentsLeave a Reply
Maybe they should investigate all the killings allowed by the democrats in there city.


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Walmart Black friday.com
Easily the number 1 rated Black Friday store, both in the real world as well as on our internet site, Walmart’s annually ad scan announcement is obviously one of the greatest shopping development stories of the year. While we remain some over two months from obtaining their 2016 Ebony Friday advertising, we believe that we've plenty of information to create forecasts that'll be precise and helpful.
With Ebony Friday becoming far more of an internet occasion, merchants such as Amazon and e-bay tend to be putting a huge number of pressure on Walmart to offer reduced costs. And even though Walmart is experiencing the warmth, it is nice thing about it for everybody who is trying to save the essential sum of money possible on Black Friday — and is indeed there anyone that is not?
Predicted Walmart Ad Scan Leak Date
Even though we relate to it as a “leak, ” Walmart has historically introduced their advertising on their own terms. While we have actually was able to see it early in modern times, we recognized Walmart’s demand to help keep it under wraps until they gave united states approval. That most altered a year ago, whilst the advertisement had been released before their particular formal approval at night on November 11. For 2016, we expect Walmart to do a better task of preventing a leak. Here are the times over the past several years that Walmart’s ad has been posted and our forecast for 2016
- 2012 – November 8
- 2013 – November 11
- 2014 – November 11
- 2015 – November 11
- 2016 Prediction – November 10
Walmart loves to play the waiting online game, and we do not have reason to believe they'll expose their particular ad until all of their rivals, besides Amazon, show their particular fingers. Since Ebony Friday is previously this year, anticipate the Walmart advertisement on November 10.
Predicted Walmart Black Friday Hours
While we still have fond memories of camping outside of Walmart at 3 a.m. on Ebony Friday early morning, its easier to benefit from doorbuster rates today. In 2011, Walmart started starting on Thanksgiving and providing specific doorbusters on Thursday night. Their Thanksgiving open positions have actually gotten earlier in the day each and every year, however it appears like they have eventually satisfied for a 6 p.m. orifice, that will be whenever we believe their sale will start this current year.
Even though we believe their shops will open up at 6 p.m. on Thanksgiving, their particular internet based purchase should be valid upfront. It's going to likely run the complete time on Thanksgiving into Friday. They will certainly continue to have sales on Saturday and Sunday, nevertheless they will slow things down until Cyber Monday. While they did just last year, we are additionally expecting many pre-Black Friday sales. They actually began selling numerous Black Friday items on their site on the Wednesday before Thanksgiving, therefore we believe the purchase could begin also early in the day this current year.
Here are our essential time and date forecasts.
- Thanksgiving Opening Prediction (shops) – 6 p.m. Thanksgiving evening
- Formal Online Ebony Friday Sale Begin Time – Wednesday Evening Before Thanksgiving
Throughout November, Walmart could have other smaller sales in days prior to Thanksgiving.
Many Sale Products Will Likely Be Available Online
While Walmart has offered progressively internet based deals in the last few years, pretty much everything was available on their site in 2015. In prior many years, the very best tv doorbusters and video game bundles could only be present restricted amounts at your nearest Walmart stone & mortar place. It is possible to nonetheless go this course, but it is getting easier to snag the most notable doorbusters and never having to keep your property.
For 2016, we anticipate many doorbusters and top electronics to-be available online. While choose products may be unique to stores, its more than likely you'll have a wholesome collection of televisions, cameras, tablets, laptop computers, and gaming packages to pick from by shopping on the web.
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Can a Black Friday deal from Apple be combined with an employee discount? - Quora
No, Apple employees are not able to combine any deals with their discounts.


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Daymond John is scouting for just the right New York City spot to sell his wares. But this time, the founder of FUBU isn't looking for a street corner where he can sell hats.
Only six years after Mr. John began selling urban menswear, his company has become a $350 million behemoth that's ready for its own Manhattan flagship store.
"We have so many products at this point, no one store can carry them all," explains J. Alexander Martin, one of FUBU's four co-founders.
The Manhattan-based company certainly seems ready to enter the big leagues. The firm has expanded to nearly half the size of Tommy Hilfiger. Its customers are now as likely to be suburban preppies as inner-city youths. And its products, which range from jeans to sneakers, have found their way into 5,000 stores nationwide.
"FUBU is a culture that's more than just clothes," says Bryan McDaniels, manager of Uncle Ralph's Urban Gear in Crown Heights, Brooklyn.
FUBU has come this far by designing innovative fashions, and getting them on the backs of celebrities. Early on, the founders were smart enough to encourage rapper LL Cool J to wear the line. FUBU's baggy jeans and oversized jerseys became closely associated with Cool J and other celebrities, and that cachet helped FUBU take off.
To grow as large and well-known as Hilfiger, however, FUBU has to convince some important skeptics. Some retailers complain of late or incomplete deliveries of FUBU merchandise. Others say that FUBU is dulling its appeal by selling to too many stores. A few say the brand is being displaced by rapper Sean "Puffy" Combs' apparel line Sean John.
FUBU began in 1992 as the brainchild of Mr. John, now 29 and the chief executive, whose hand-sewn tie-top hats quickly sold out on the streets of New York. With three friends from Queens, he created the brand FUBU -- For Us By Us -- offering inner-city consumers hats and T-shirts from guys who wore street fashion themselves.
The firm got a boost in 1995, when the textile division of Samsung signed on as exclusive distributor. Then came the backing of Republic Business Credit, which provided the financing FUBU needed in order to sell to both small independent urban stores and large national chains.
Mr. John knew he was onto something big in June 1995 just after Samsung came on board. He was having trouble shipping 1,000 sweatshirts and figured he'd hold off until cooler weather, but Samsung enabled him to fill the entire order on time. "The sweatshirts sold, and it was June," he recalls.
As the company has grown, the founders have kept their marketing tactics fresh and maintained close ties to celebrities. FUBU clothes have appeared in videos by popular musicians Brandy and "Puffy" Combs and continue to be worn by personalities like the Miami Heat's Tim Hardaway.
To strengthen its bonds with consumers, FUBU will soon be sending a van around the East Coast to hype the brand, and offering FUBU devotees tickets to a massive Labor Day party/concert in St. Martin.
"FUBU is the fashion event of the last five years," says Tim Bess, young men's market specialist at fashion and retail consultant Doneger Group. "By using great marketing with rap stars, they've moved into a huge empire."
That empire now reaches a wide array of mainstream department stores that have used the brand to jump-start their young men's departments.
"The way FUBU came out of the box was really extraordinary," says Carmine Petruzello, vice president of men's collections at Federated Department Stores. Since last year, sales have risen by more than 10% at 150 Federated stores. "One vendor really put the focus on this business again," he says.
Having witnessed the FUBU revolution in young men's sportswear, venerable apparel firms are hoping to replicate the magic in other categories. Executives from dress shirt firm Phillips-Van Heusen and suit company Pietrafesa Corp. have teamed up with FUBU.
Suits have been a tough sell in recent years, but Charles Cantrell, vice president of merchandising and design at Pietrafesa, says FUBU can help re-energize the category. "The market is hungry for something that's younger," he says.
FUBU suits, shirts and ties will be in stores next year, and deals are also in the works for an eyewear line and fragrance. Mr. John says these moves are the realization of an early dream. "I always thought of us as a full lifestyle brand," he says.
The company's expansion into retailing will begin with a 1,600-square-foot store in South Africa by year's end, and plans call for 150 stores worldwide by 2004.
Marketing has been a natural for FUBU, but the company has to resolve production hitches and tighten distribution if it plans to endure as a big brand. The founders admit that the road from start-up to worldwide apparel empire hasn't always been smooth.
Too many products
"When you get to this size, you have to unify the quality, shipping and advertising," Mr. John says.
FUBU is now focusing on maintaining the brand's identity across a widening network of licensees, and managing the evolution of a large company.
Some observers say FUBU may be diversifying in too many directions at once and should make its distribution more exclusive to stay hot among trend-setters. Many retailers say Sean John has overtaken FUBU as the hottest urban line right now, and smaller brands with more exclusive distribution are also turning up the heat.
Yet FUBU loyalists remain, in the inner city and in the music world, like rappers Juvenile and Hot Boys, who insisted on wearing FUBU for the October cover shoot for hip-hop lifestyle magazine The Source. The brand has widened its customer base as well, appealing to the same broad spectrum of customers -- inner-city blacks and suburban whites -- as megabrands Tommy Hilfiger and Polo.
Says Mr. McDaniels of Uncle Ralph's, "They're going beyond their core market and still doing well."