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By 5:00 pm, the IPO had received bids for 7,69,49,910 shares, which was 3.65 times the total issue of 2,10,90,890 shares. The company is selling its shares in the fixed price band of Rs 303-306 under the IPO.
The Rs 909-crore IPO comprises an offer for sale of up to Rs 252 crore and fresh issuance of shares worth up to Rs 657 crore. The issue closes on Wednesday.
At the upper price band of Rs 306, shares under the Shyam Metalics IPO are available at 9.1 times FY21 EV/Ebitda on an annualised basis.
Analysts find the IPO fully priced but believe the rise in metals prices globally and hopes of a recovery in domestic demand could work for the company. They largely have ‘subscribe’ ratings on the issue.
The company had raised Rs 269.94 crore from 21 anchor investors on Friday, allocating 88,21,764 shares at Rs 306 apiece.
The company has proposed to use the net proceeds from the fresh issue towards repayment or prepayment of up to Rs 470 crore of its debt and that of its subsidiary, Shyam SEL and Power, and for other general corporate purposes.
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- MTM Provisions: Banks may Seek RBI Relief Again
Banks will again ask the Reserve Bank of India (RBI) to allow them to spread provisions toward mark-to-market (MTM) losses over several quarters following a sharp hit in the June quarter on this account.PV Sales in 2022 Set to Beat Record Estimates
India’s passenger vehicle sales this year are expected to be about a quarter of a million units more than the initial projections that were themselves for record high volumes, industry executives said.
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Currently, strong demand exists for a livestock feed additive derived from Asparagopsis, which is able to reduce methane emissions by up to 90 percent, enabling businesses, industry, and governments to meet the increasingly stringent methane reduction targets. However, the company says that it is now also exploring some adjacent markets for seaweed-based compounds used in a broad range of additional products – including food and beverage ingredients, natural pigments, cosmetics, skincare and high-value pharmaceutical applications.
The sheer range of applicable products and markets that companies worldwide are tapping into is expected to boost the seaweed farming industry both in Australia and globally. And SeaStock – in partnership with Flinders University – is currently investigating a range of other compounds derived from Asparagopsis taxiformis, which have high commercial value.
As Flinders University aquaculture Professor Jian Qin said in a press release: “There are a number of high-value compounds that the Flinders Aquaculture Research team is investigating in conjunction with the team at SeaStock.
“Compounds extracted from Asparagopsis have a range of applications across the food and beverage, pharmaceutical and cosmetic industries and can be used in many different ways.
“While some of these may still be in the preliminary phase, we are conducting research to see how quickly and efficiently we can grow Asparagopsis in the laboratory and establish multiple extraction processes to enable SeaStock to explore additional markets.”
Some of the compounds which have been successfully extracted are recognised for their antioxidant, anti-inflammatory, anti-allergen, anti-virus and tumour-suppressing capabilities, among others. Other applications include use as a natural pigment to replace potentially harmful artificial dyes in food and confectionary products and as an active and colour ingredient in cosmetic products.
SeaStock managing director, Tom Puddy, said the commercial applications for a range of seaweed-based compounds suitable for a variety of industries presented a further opportunity for SeaStock to broaden its commercial strategy.
“The IP we have created can be replicated beyond the Asparagopsis variety of seaweed, which will allow SeaStock to discover future seaweed compounds that occur naturally along the West Australian coastline,” he said.
The market for seaweed-based compounds continues to grow, with a recent report by Forbes magazine highlighting a growing pool of investors who are discovering the potential of the “blue economy”, which is predicted to be worth $3 trillion globally by 2030.

domain: news


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Much as it did in global shipments for the second quarter, Chinese telecommunications equipment vendor Huawei Technologies has done likewise in China, leading its home market by shipping 40.2 million units in the quarter and extending its market share to a massive 44%. There was a broad swathe of daylight between Huawei and second-placed vivo.
The use of artificial intelligence and the implementation of social credit are two key overarching trends identified as drivers in a new report on use of the Internet in China.
Chinese companies dominate venture capital funded companies in the global tech space, according to worldwide data and analytics vendor GlobalData.
I find it strange that things like watching streaming media such as Netflix or listening to music should be classifieded[…]
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There's a lot more in US District Judge Yvonne Gonzalez Rogers' decision than you have reported here. Apple won all[…]
I'm a retired proofreader with a lot of free time on my hands and would happily work as a moderator[…]
All this ruling does is clarify the situation and confirm the commonsense proposition that what has long been generally unlawful[…]


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EKSPLA and Opton Laser International announce collaboration
“Opton is very pleased to start that collaboration with Ekspla. We have been looking for such innovative and high quality supplier of pulsed lasers since a very long time” says Opton’s CEO, Jean-Claude Sanudo. “I have been personally closely working with Ekspla for about 20 years in the past and I have seen how good the products and people there are, so I am very excited to work again with Ekspla and it is clearly a perfect match with Opton Laser capabilities”.
“Ekspla was working in France market for more than 20 years. Famous universities and research institutes are already using Ekspla lasers today. “– noted Mantvydas Jasinskas, EKSPLA CSO.
According to the agreement, since 1-st of January, Opton Laser International will gain exclusive rights in territory of France for selling and distributing of all Ekspla products, excluding fiber lasers.
“We believe that Opton Laser International will help us to get even closer to our customers and assist us to fulfil our ultimate goal – deliver excellent customer experience even with such a complex products as laser systems” – added Mantvydas Jasinskas.back to overview


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Google’s Chromecast is about to blow up. After a relatively inauspicious start, miles behind competition like Apple TV and Roku, the last few weeks have seen big moves for the little streaming stick. The device more than doubled its app collection last week, adding new features like the ability to stream user content from the cloud, as well as an announced forthcoming app from online network TV broadcaster, Aereo. Now, a report from Gigaom reveals a bold new path for the device in 2014, which includes international release, an open software development kit (SDK), and more.
Chromecast has grown extremely popular since its release, mainly as an incredibly affordable way to access a few apps like Netflix and Youtube on your TV. However, considering the Goliath behind it, the $35 streaming stick has always seemed rather underdeveloped in the application department, especially in comparison to Google’s other baby, Android. But Google has revealed big plans to expand Chromecast in the future, possibly even beyond the stick itself. In other words: Chromecast could redefine what we currently think of as Smart TV.
In an interview, Google’s VP of Product Management, Mario Queiroz, detailed plans to expand Chromecast into international markets, in part to help make the system less of a walled-garden of select applications, and more like the open source system that helped make the company’s Android OS sail into the top spot in the U.S. mobile market. Despite only unveiling a preview of Chromecast’s yet unfinished SDK, Queiroz said that hundreds of developers are already working on creating Chromecast support for their apps. Google also recently hosted an international “hackathon” that allowed 40 developers from 30 countries to play with the most recent Chromecast SDK to help Google put on the finishing touches, with plans for a full release of the kit to developers at large in the works.
But that appears to be just the beginning. Apart from the forthcoming explosion of apps to Chromecast with its SDK release, Queiroz also detailed a plan to move the casting powers of Chromecast out of body, so to speak, allowing for “Google Cast” to be utilized in an integrated ecosystem. Queiroz said there have already been “serious conversations” with multiple players in the electronics industry to make Google Cast present in other devices as a standard protocol.
All this should come as little surprise to anyone familiar with how Google rolls. The initial Chromecast release of rudimentary casting seems almost childlike in the grander scheme, especially from a company with Google’s near-unlimited resources. And now, the proposed expansion with other partners could see Google Cast invading electronics devices all over the industry.
Meanwhile, after months of a snail’s-paced release of worthy applications, it looks like the tide is finally rolling in for Chromecast. Users who have already bought in – an undisclosed number that can only be estimated from its enormous popularity at Amazon and Best Buy – are promised to be rewarded with a bright future for the little dongle. And even before the SDK is dropped in the hands of developers, Queiroz promised that more apps are already on the way.
It can be hard to project which Google products are going to land on their feet or flop (see Google +, and Google TV) but Chromecast is already a hit for the tech super giant, and one it seems utterly determined to expand upon. For now, we’ll have to wait and see what the future holds for Chromecast, and Google Cast at large. But with Google at the helm, anything is possible.
- What is Android TV? Google’s smart TV platform fully explained
- Google TV vs. Roku TV: which is the better streaming OS?
- Chromecast deals: The cheapest option for Google’s streaming device
- The Roku Channel is now available as a Google TV app
- How to reconnect the Chromecast with Google TV voice remote


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Energy suppliers should be pressed to ensure that businesses and consumers are offered ‘a range of flexible, fair and affordable tariffs’ as part of the move to smart metering, according to a submission by the Electrical Contractors’ Association (ECA) to a
Commenting on the London Assembly’s unanimous motion for the Government to introduce mandatory, 5 yearly electrical safety checks in the private rented sector (PRS), Phil Buckle, Chief Executive of Electrical Safety First, said:
As part of an ongoing drive to support the development of home safety in the UK, TrustMark, the Government-endorsed scheme for tradespeople, has partnered with CFOA Blue Watch, the Chief Fire Officers home safety scheme, to promote the assessment and regist
Matt Allwright and Geoff Hurst will be the guest speakers at this year’s Live South which takes place at Epsom Downs on May 19th. Allwright is the well-known consumer affairs reporter who presents BBC’s Rogue Traders and Watchdog programmes.
Leading British ventilation manufacturer Vent-Axia has welcomed recent research on the importance of good indoor air quality (IAQ) and how the nation’s health is dependent on it.
Leading safety charity, Electrical Safety First, is delighted the Government has acknowledged the importance of its campaign against dangerous electrical items - recently highlighted by media headlines around damage caused by white goods such as tumble-drye


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The fight over cannabis legalization got a little louder on Tuesday as supporters of ending prohibition attacked elements of the bill that Gov. Andrew Cuomo introduced last month.
Members of a coalition that includes the Drug Policy Alliance and Empire State NORML, the New York chapter of the National Organization for the Reform of Marijuana Laws, traveled to Albany as part of the annual ritual of lobbying for changes in legislation included in the governor's budget.
The coalition wants to see a strengthening of criminal and social justice provisions in the bill, including more money going to communities that suffered from the War on Drugs and more support for "small businesses and farmers over large corporations," the group said.
Cuomo's bill provides room in the recreational framework for the state's medical marijuana providers, some of which are owned by large, publicly-traded companies. The coalition would like to see his bill look more like the one introduced in the legislature in 2017 by Sen. Liz Krueger and Assemblywoman Crystal Peoples-Stokes, which puts greater limits on the medical providers and specifically dedicates tax revenue from cannabis sales to social justice initiatives.
A spokeswoman for the governor, after the bill was introduced, cited provisions that would fund business creation and training for minority entrepreneurs.
Representatives of the medical providers say they need to be included in recreational sales or competition from other retailers will completely undermine the medical program.
The day's activities included an impromptu rally outside the governor's office and a speech by Empire State NORML's legislative director Doug Greene that argued for "home grow"—the right to grow personal-use cannabis at home. Advocates believe home cultivation would provide an alternative to commercial operations that might price cannabis out of the reach of some consumers.
The governor's bill would only allow medical patients to cultivate their own plants; the Krueger-Peoples-Stokes bill would let adults cultivate up to six plants. Concerns about home cultivation include diversion of the product to the black market.
"Why is home grow so important?" Greene asked in a copy of the speech that was provided to Crain's. "It's about equity. Cannabis is safer than alcohol. You can brew your own beer. Why shouldn't cannabis consumers have the same rights as beer consumers."


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Texas Instruments announced that its
technology has been chosen as the digital cinema projection technology for the worldwide premiere of Disney/Pixar’s thrilling new computer-animated feature, “Cars.”
Manufacturers Barco, Christie, and NEC are supplying a total of twelve DLP Cinema projectors to pull off an amazing feat of lighting up four custom built 115-foot screens for first ever multi-screen outdoor projection event.
“Cars,” the latest feature from Oscar-winning director John Lasseter (“Toy Story,” “A Bug’s Life,” “Toy Story 2”), follows the adventures of a hot shot rookie race car named Lightning McQueen who discovers that life is about the journey, not the finish line, when he finds himself unexpectedly detoured in the sleepy Route 66 town of Radiator Springs. The world premiere will take place on Friday, May 26th in the heart of NASCAR country at the Lowe’s Motor Speedway in Charlotte, NC before a crowd of 30,000 movie and sports fans. The twelve DLP Cinema projectors will deliver an incredible 240,000 combined lumens and 35 trillion colors to light up the four 115′ screens that will be positioned around turn two of the Speedway. This represents the largest square footage delivery of a movie ever.
The utilized projectors include three Barco D-Cine Premier DP-100, six Christie CP2000, and three NEC NC2500S DLP Cinema projectors. DLP Cinema projectors have been showing movies in theatres since 1999, helping realize the advancement of digital cinema. In 2006, the DLP Cinema screen count has more than tripled to 1,400 worldwide, with tens of thousands of additional theatres announced to convert in the next few years. Disney through its Buena Vista Distribution arm has been a pioneer of digital cinema since its inception, first releasing Tarzan for digital distribution in July 1999, and releasing more than 43 more in digital in the last seven years, including such hits as Toy Story 2, Monsters Inc, Signs, Finding Nemo, The Incredibles, and Pirates of the Caribbean.
To top off the weekend, the #96 DLP HDTV Chevrolet will be wrapped as the movie’s main character, Lightning McQueen, for the Coca-Cola 600 NASCAR Nextel Cup race on Sunday, May 28.


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Local small business owners and crafters are participating in the Laurel Board of Trade's Saturday craft and flea market, held in the 300 block of Main Street at the site of the regular Thursday Farmers Market.
The craft and flea market will continue on Saturdays, 9 a.m. to 3 p.m., through Nov. 23.
According to Alicia Fields, chair of the market, vendors sell a variety of goods, including jewelry, accessories, tools, furniture and home decor, coffee, sweets, holiday gifts and gently used resale items.
Girl Scout troops will be selling cookies Nov. 9 to 23.
The Laurel Farmers Market continues Thursdays, 9 a.m. to 2 p.m., through October.
For information, contact 301-343-2232 or email@example.com.


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Story and photo by Susan Mikula Campbell
It's Girl Scout cookie time again. Enthusiastic hordes of young saleswomen began the time-honored tradition of knocking on doors last month and now are taking advantage of the holiday season by enticing shoppers at stores around the area.
A chilly night didn't deter Junior Troop 258 on Tuesday. Well bundled up, the Girl Scouts, who come from the Niagara-Wheatfield and Wilson school districts, their leaders and some siblings and parents set up a cookie table outside Sam's Club in Niagara Falls.
"They love doing the cookie booths, talking to people and being with their friends," said Troop Leader Barb Faller of Sanborn. She remembers doing cookie sales herself as a Girl Scout and now has three daughters in the program. "There's all kinds of things you learn selling cookies - confidence, financial literacy, communication skills, goal setting."
The cookie sale is the major fundraiser for the Girl Scouts and helps fund programs for the year, explained Faller. Troop 258 is especially excited about sales this year, because the funds will help send the girls on a trip to Savannah, Ga., to visit the birthplace of Girl Scout founder Juliette Gordon Low.
"I've never been to Georgia before. It should be quite interesting," said Cayla Swanson, a Tuscarora School fifth-grader.
"We can see Juliette Low's house and see other Girl Scouts along the way, maybe," said Natalie Clause, a West Street Elementary fifth-grader.
Selling cookies is not an easy job, although the girls insist that Girl Scout cookies are better than any others. Natalie, who already has sold about 115 boxes of cookies in individual sales, pointed out that "most people don't have a lot of cash." Cayla, with more than 160 boxes in individual sales, added, "some people can't have sugar."
Everybody has a favorite Girl Scout cookie. For Faller and Natalie, it's the combined taste of peanut butter and chocolate in Peanut Butter Patties. For Cayla, it's Thanks-A-Lot "because I like shortbread, and I definitely like the chocolate on the bottom." She admits she's been known to sneak some Girl Scout cookies in the morning - "Don't tell my mom!"
Eight varieties are being sold this year. "The five basic cookies have been there since I was a kid," Faller said. "It's nice that they switch up a little bit and give us new varieties at least every couple of years."
The basics are Peanut Butter Patties, Peanut Butter Sandwiches, Thin Mints, Shortbread and Caramel de Lights.
Also being sold this year are Thanks-A-Lot, Lemonades and the brand-new Mango Crèmes.
Girl Scout cookies sell for $3.50. The enthusiastic members of Junior Troop 258 are planning cookie tables for 10 a.m. to 4 p.m. Saturday, Nov. 17, at Kmart on Military Road, Town of Niagara; noon to 5 p.m. Sunday, Nov. 18, at Walmart on Niagara Falls Boulevard in North Tonawanda; 1 to 6 p.m. Wednesday, Nov. 21, at Walmart on Military Road in Town of Niagara; and 10 a.m. to 4 p.m. Saturday, Nov. 24, inside the mall at Fashion Outlets of Niagara Falls on Military Road.
To find a Girl Scout cookie booth near you, visit the cookie locator and put in your ZIP code at www.girlscoutcookies.org.


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Chile’s industrial exports fell 6.9% in 2019, which is the worst data since they have records, and their price fell by 1.7%, mainly due to the appreciation of the dollar, the employer said on Friday .
The poor performance in the pulp, paper and cardboard sector accounts for 58% of the annual drop in the index of industrial exports, which in December fell by 12.6% compared to the same period of the previous year, said the Company of Factory Development (SOFOFA).
Together with cellulose, paper and cardboard, the metals, wood and cork industries were the worst data in 2019, when prices of exports in dollars fell 1.7% compared to the previous year.
The employer, which brings together more than half of the companies that make up the Chilean stock market index, explained that the fall in prices – more acute in the food sector – is due to “the significant appreciation of the dollar globally, especially regarding the yuan. “
“The 2019 industrial export report confirms the low performance observed from the second quarter of the year,” said SOFOFA, who recalled that the document does not reflect the effects on the national industrial production of the health crisis unleashed by the coronavirus in China , the main commercial ally of Chile.
The coronavirus epidemic continues to ravage China, where infected people total 70,548 people and 1,770 dead, according to the latest official data.
The epidemic has affected various sectors of the country’s economy, from car factories to mobile phones, which have seen their supply chains disrupted and activity in large cities is practically paralyzed, with commercial premises closed and people locked in their homes to avoid contagion.
The health crisis, the Chilean employer warned, “could negatively affect shipments of salmon and wines, both products of high relative importance in the indicator.”
“The performance of 2020 will be marked by the evolution of this health crisis and its possible spread to other countries, as well as the outcome of the negotiations between China and the US,” he added.


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Apple has decided to discontinue its 27-inch monitor with the Thunderbolt display, which can be used to connect to the company's MacBook notebooks or other Mac computers to provide more screen room.
The company's unannounced decision was confirmed by the technology blog TechCrunch on June 23, which received a statement from Apple confirming the discontinuation of the monitor.
"We're discontinuing the Apple Thunderbolt Display," a company spokesperson told the blog in a statement. "It will be available through Apple.com, Apple's retail stores and Apple Authorized Resellers while supplies last. There are a number of great third-party options available for Mac users."
With built-in Thunderbolt technology, which Apple boasts is "the fastest, most flexible I/O ever," the display can connect to any Thunderbolt-enabled Mac. The technology delivers 10 gigabits per second of transfer speeds in both directions.
The Thunderbolt port allows users to connect to new Thunderbolt-compatible peripherals, as well as existing USB and FireWire peripherals using simple adapters, and can daisy chain up to six high-speed devices without using a hub.
Thunderbolt also supports DisplayPort for high-resolution displays. It works with existing adapters for HDMI, DVI, and VGA displays.
Rumors about the possible discontinuation of the display, which was already somewhat outshone by the resolution of Retina MacBooks and iMacs, started surfacing at the beginning of the month.
The decision confirmed by Apple this week led to a flurry of speculation on the web that Apple is working on a 4K or even a 5K version of the display that could launch later this year. Many have been long hoping that Apple would release a 4K Thunderbolt display.
According to a June 1 report from Apple-centric blog 9to5Mac, Apple may be planning to integrate a GPU directly into its next-generation display.
"Our sources explain that the reason for it is primarily for compatibility with as many future Macs as possible," the article stated, quoting unnamed sources. "Due to the immense graphics needs required to push 5K worth of pixels, normal super high-resolution displays require connected computers to include significantly powerful GPUs."
There has been some speculation that Apple will release a 4K display around the same time that it unveils its latest MacBook Pro, which is due for a refresh sometime this year.
Apple's latest MacBook Pro notebooks will come with an OLED screen display touch bar above the keyboard, as well as Touch ID support, and take some styling cues from the ultrathin 12-inch MacBook.
The report comes from a research note written by Apple analyst Ming-Chi Kuo at KGI Securities. It was corroborated by sources contacted by 9to5Mac.
Kuo's note also predicted Apple would make the MacBook Air its entry-level model, and debut a MacBook model in a 13-inch variant, which would serve as the middle-tier option for consumers.


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Xiaomi Enters into Pakistan with Redmi Note 4, Redmi 4A and Mi Max
Chinese gadget manufacturer Xiaomi announced its launching in Pakistan. The Chinese consumer electronic company has been optimistic and is increasing its footing outside the domestic market. Indeed, India has been one of its strongest markets and it managed to sell a stunning 250,000 unit of Redmi Note 4 in a matter of ten minutes.
Xiaomai has partnered with Smart Link Technologies in Pakistan for supply and after sales. The company has also inked an agreement with Rocket Internet owned e-commerce marketplace, Daraz which apart from Pakistan also has existence in Bangladesh, Myanmar, and Sri Lanka. Xiaomi will be three models including the budget Redmi Note 4, Redmi 4A and the Mi Max. In the future, Xiaomi is also expected to bring the Mi Band 2 in Pakistan but it is still undecided on whether or not they will introduce their entire lineup.
For the moment, according to IDC 13 Million Smartphone has been shipped in Pakistan in 2016. Whereas the Smartphone market in Pakistan might still not be as beneficial as the other rising countries companies like Huawei and Oppo have already established themselves in the country. Also, the very fact that Pakistan still prefers unit and mortar stores is set to create a holdup for Xiaomi, which has been largely an online exclusive. So far another interesting fact is that Pakistan is merging up one million 3G and 4G connections each month and with this, the mobile access is only set to rise.
Xiaomi has extended slowly since its 2011 first appearance in China, focusing mostly on South Asia, India, parts of the Middle East, and Brazil. It’s Pakistan entry is the major since it ventured into Brazil mid-2015.
Specification of Redmi 4A
- Slim and light at 8.45mm/ 131.5g
- 4 GHz Qualcomm Snapdragon 425 processor
- 2GB RAM, 16GB internal storage
- 3120mAh battery, Up to 7 days standby
- Expandable storage supports up to 128 GB
- 5-inch HD (1280* 720) display
- Supports dual SIM, VoLTE 4G, 3G, Wi-Fi
- 13 MP main camera and 5MP front camera
Key Specifications of Redmi Note 4
- Qualcomm Snapdragon 625 with 14nm Fin FET technology
- 13MP CMOS camera with PDAF, 5MP front camera
- 4100mAh high-density battery
- 5 inch Full HD display, dual SIM
- LTE and VoLTE support
- 4 GB RAM + 64 GB Flash
- Expandable storage up to 128 GB
- Rear fingerprint sensor
- IR blaster
- Premium metal body
Specifications of Mi Max
- IPS LCD capacitive touchscreen, 6.44 inches screen
- 1080* 1920 pixels resolution
- Dual SIM Supports
- 4GB RAM
- Internal storage 128 GB, expanded up to 256 GB
- Non-removable Li-lon 4850 mAh battery


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Hyundai Genesis (2008): First official picturesWed, 16 Jan 2008
By Stephen Dobie
First Official Pictures
16 January 2008 18:30
It’s not coming to the UK, but it doesn’t mean that Hyundai won’t crow about it. This is the Genesis, the Korean company’s latest attack on the premium brands, and designed to make us forget about previous attempts like the XG30. But concurrently it’s also because of the Genesis’ predecessors that we won’t get the new car.
This time around though that seems a pity. To our eyes the Genesis looks smart, and our hearts like the idea of a new 375bhp 4.6-litre V8. Designated ‘Tau’, the V8 will be joined by 3.3 and 3.8-litre V6s. There's no diesel, so don't start to even hope for future UK sales.
Despite the heavy V8 lump up front the Genesis boasts a 53:47 front-rear weight distribution, while Hyundai claim the interior is more spacious than a BMW 7-series.
Proof that the Genesis is primarily for other markets (the US in particular) is the ultraviolet-reflecting steering wheel, designed to stay cool whatever the weather. Hyundai also sings the praises of the 500 watt stereo, which is by Lexicon - the same brand you’ll find inside a Rolls-Royce Phantom.
Looks wise, the Hyundai is a smart and classy affair, if unoriginal. Shades of Lexus and S-class can be seen throughout, but it is one of the brand’s most handsome and convincing efforts yet. The US will likely lap it up, and it could even have managed a bunch of sales across here – given a price to reflect the badge-kudos.
Hyundai America say it will compete with the Chrysler 300C on price, despite their claims of benchmarking the quality against Mercedes, BMW and Lexus. Expect prices to start at around $28,000 (sub-£15k) for the base V6, rising to around $36,000 for the 4.6 V8.
Incidently, the rear-wheel drive Genesis platform will also form a basis for the forthcoming Coupe, and the two-door should feature all three engines as well.
By Stephen Dobie


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FY21 was very bad for the auto industry and many companies went on the back foot due to this. During this it seemed that everything was slowly getting better that only then the second wave of Corona created more trouble for these companies. In terms of FY22 sales, it looks quite far at the moment. Due to the lockdown in the states, the manufacturing of companies came to a complete halt. In such a situation, now the car companies have increased the prices to compensate for this loss.
Maruti is currently at the top of this list. Due to the increase in the input cost, the companies have increased the prices of the vehicle here. Maruti Suzuki has increased the prices for the quarter 2 FY22 (Q3 2021). In such a situation, the new prices can be implemented from July 2021.
Maruti Suzuki India Limited said in its regulatory filing that, you are informed that the prices of the company’s vehicles have been continuously affected due to the increase in input cost since the last few years. Therefore, by increasing the prices of these vehicles, it has become imperative to pass some of the burden on the customers. With this, the company further said that these prices will vary on different models.
The company is continuously increasing the price
The company first increased the prices of its vehicles in January, after which this increase was seen again in April 2021. The latest increase that was seen was in April which was 1.6 percent ex-showroom Delhi. At the same time, on January 18, 2021, this price was from 5 thousand to 34 thousand rupees.
Let us tell the customers here that, Maruti has not yet told that, from the next quarter, an increase of how many thousand rupees will be seen. But one thing is certain that the prices of Alto, WagonR, Swift, DZire, Brezza and Ertinga will be increased.
Maruti’s dominance in the car market is strengthened by its wide range of small cars. This includes a range of mini and compact cars. Consistent sales help MSIL to get the majority of the total cars sold in India.
read this also:
fabulous! This beautiful looking Porsche car made of wood, you will also believe after seeing the VIDEO
Petrol and diesel out of date, now buy CNG cars and get a discount of up to Rs 34,000


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Just weeks after Twitter was discussing the similarities between a Black-owned business and Kim Kardashian‘s SKKN skincare line, the owner of Beauty Concepts has filed a lawsuit against the reality star for trademark infringement.
According to documents obtained by TMZ, it’s said that the owner of Beauty Concepts says she “owns the rights to “SKKN+” and says Kim’s use of the moniker on her beauty products is confusing customers.”
Kim’s team denies the infringement claims and claims “this lawsuit is not what it seems.”
Michael Rhodes, Kim’s attorney continued:
SKKN BY KIM is a new brand that follows in the footsteps of Ms. Kardashian’s successful KKW line of products. Building on independent research and development, her company filed a trademark application for SKKN BY KIM to protect the new branded products. This prompted the current shakedown effort.
Rhodes continued to say:
We applaud Ms. Lunsford for being a small business owner and following her dreams. But that doesn’t give her the right to wrongfully claim that we’ve done something wrong. In its letter, Beauty Concepts claimed to own rights to a logo made up of SKKN+, and had just filed for trademark protection for that logo. The business was a one-person shop offering facials from a single Brooklyn location. The salon had no signage and was by appointment only. To our knowledge, Beauty Concepts sold no products under the SKKN+
He also stated:
Beauty Concepts asked that we drop the SKKN name. Of course, we said no. Beauty Concepts then challenged Ms. Kardashian’s trademark applications at the USPTO. Unsurprisingly, the USPTO rejected Beauty Concepts’ own SKKN+ mark saying that “skkn” just means “skin.” Undaunted, Beauty Concepts then tried to make its business seem more than it was – it leased a new storefront, changed its website, etc.
As of now, the two are headed to court.
Roomies, what do y’all think of this?


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Welcome to WebmasterWorld Guest from 188.8.131.52
Forum Moderators: bill
Skype's partner in China, TOM Group, said the web-based calling service is complying with Chinese law, even as a crackdown on illegal Internet telephone providers could complicate Skype's operations in the country.
The comments from TOM Group, which is 51 percent owned by Hong Kong billionaire Li Ka-Shing, came as potential investors in Skype's planned $1 billion initial public offering year fret that any ban on Internet telephone services in China could exclude the company from of the world's largest Internet market.
"The operation of Skype in China is compliant with local laws and regulations," a TOM Group spokeswoman told Reuters on Tuesday. "Currently, it is business as usual while service provision stays normal."


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WARWICK, R.I. (WPRI) — Plant City X is growing.
The drive-thru fast food restaurant offering plant-based foods announced plans to open a second location at a former Burger King in Warwick.
“As with our previous locations, we love to take old abandoned properties and give them a new life,” the Facebook post read.
Plant City X is a breakout chain from Plant City in Providence, a plant-based food hall. Its first location is on West Main Road in Middletown.


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Syenergy Environics Ltd., a radiation management company, has announced a retail tie up with many large modern retail chains to sell its range of Radiation Protection Chips known as “Envirochip”.
Envirochip protects the health of human beings which may be harmed due to excessive use of Wi-Fi devices due to the harmful Electromagnetic Radiation (EMR) emitted by Mobile Phones, Computers, Tablets, Wi-Fi Routers and other personal electronic gadgets.
Envirochip is already available at all major e-commerce portals, including Flipkart, Amazon, etc. and now in more than 300 brick and mortar retail stores. These include 75 stores of Mahindra’s Baby Oye across India, 26 stores of The Mobile Store (TMS), 30 stores of Fortis Healthworld and 15 stores of Apollo Pharmacy in Delhi NCR as of now. Syenergy Environics has also appointed Distributors, through whom Envirochip is now selling in more than 150 traditional stores in Delhi NCR as on date.
Envirochip changes the nature of radiation, and therefore mitigates the negative impact of Electromagnetic Radiation from the electronic devices on human beings.
“To protect oneself from the harmful Electromagnetic Radiations emitted by various personal electronic devices like Mobile Phones, Computers, Tablets and Wi-Fi Routers, we have introduced “Envirochip”, which is an easy stick on chip and can be fixed on any device to protect us from these radiations. To make these chips available to the maximum number of people, we have tied up with various retail stores, which will enable us to have a pan-India reach,” Pranav Poddar, Director, Syenergy Environics Ltd., said.
The company is expanding its reach with all its existing modern retail partners and has also tied up with various other large modern retail players and will have Envirochip available in more than 1,000 stores across all major metropolitan cities and some Tier II cities of India by March 2016.


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Despite threats from hackers, Sony is making the controversial Seth Rogen comedy available at a limited number of theaters on Christmas, including Alamo Drafthouse in Richardson.
“We cannot imagine the pressures that have been affecting Sony, at all levels of the organization they have been under attack. Amidst this unwarranted chaos, they have regrouped and listened to the public, the government and the exhibition community and responded with resolve and determination. At 10:45 a.m., Sony bookers approved screenings at the Alamo Drafthouse Cinema and other arthouse and independent theaters across the country. This is the best Christmas gift anyone could give us. We, both distributors and exhibitors, have collectively stood firm to our principles and for the right to freedom of expression. Two days til Christmas, and I am proud to be an American.” —Alamo Drafthouse CEO, Tim League
In light of concerns about security at theaters, an FBI official said “we are fully engaged with Sony on the decision” to release the movie.
Sony may also make “The Interview” available through a video-on-demand service, but no companies have publicly agreed to help Sony do that.
“We are continuing our efforts to secure more platforms and more theaters so that this movie reaches the largest possible audience,” Sony CEO, Michael Lynton said.
A few minutes after the studio chief’s statement, Rogen tweeted: “The people have spoken! Freedom has prevailed! Sony didn’t give up! The Interview will be shown at theaters willing to play it on Xmas day!”
On Instagram, co-star James Franco called it a “victory” and said “the people and the president have spoken.”
“The Interview” is about an assassination plot against the North Korean dictator Kim Jong-Un. It is widely believed that Sony Pictures suffered a cyberattack last month partly due to North Korea’s fury over the movie.
Tuesday’s news comes almost a week after Sony originally canceled the Christmas release of “The Interview.”
Sony, for its part, says it had little choice but to cancel the release after major theater chains like AMC and Regal backed out of plans to put it on their screens, citing threats from the same anonymous hackers that had apparently hacked into Sony.
There was an immediate backlash to the cancellation of the film, including from President Obama, who said Friday that Sony had “made a mistake.” (That same day, Sony started looking for new ways to distribute the film in some fashion.)
With each passing day, more people — including writers, independent theater owners and members of Congress — spoke out.
A petition titled “We the undersigned support Sony” started to pick up steam on Monday on the web site Change.org. It was published by Art House Convergence, an association of independent theaters across the country.
Some of those same theaters are now on board for the limited release on Christmas.
One of the members of the association, Alamo Drafthouse CEO Tim League, said in a statement that “this is the best Christmas gift anyone could give us.”
He added, “We, both distributors and exhibitors, have collectively stood firm to our principles and for the right to freedom of expression. Two days til Christmas, and I am proud to be an American.”
Before Sony’s announcement on Tuesday, that same sentiment had been widespread on social media among people who wanted to see the movie in order to make a statement. A growing number of organizations and politicians had offered to hold free screenings.
According to a new CNN/ORC poll, conducted December 18 through 21 and released on Tuesday, 36% of Americans think Sony made the right decision by canceling the movie, while 62% thought it was an overreaction. Men were about 20 percentage points more likely than women to call it an overreaction.


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New cabs hitting the streets of New York City next year will have charging ports for riders' electronics. They'll also have more leg room, a large skylight roof to gaze at the city skyscrapers and even odor-reducing and anti-microbial fabric to help deal with, well, you know, anything you might smell in the backseat of a cab.
We've come a long way since Crown Vics crowded the streets of the Big Apple, opting instead for a fleet of hybrid taxis -- but today the New York City Taxi & Limousine Commission is taking its green approach one step further with th... Read Post
New York City's future yellow taxi has been chosen. It'll be a fleet of Nissan NV200s with skylights and electronic charging plugs, plus retractable steps that make entering and exiting easier. The new model was approved Thursday by... Read Post
Cab riders in New York and other big cities may soon be able to buy movie tickets and other items while in taxis, paying with the same system that charges credit cards for cab fare. Electronic payments company VeriFone Systems Inc. ... Read Post


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A spy video showing a fleet of the next-generation model of the Mercedes-Benz A-Class just surfaced. Five prototypes of the car were seen while being tested at its maker’s facility in Germany.
Based on reports, the next-gen A-Class will come as a 2018 model. It is expected to be unveiled at the Frankfurt Motor Show in September.
Details about the 2018 Mercedes A-Class are still heavily-guarded. However, Mercedes has already confirmed that it will bear a new design language called the “Aesthetics A.”
The new design language will feature reduced body lines and indentations. It will showcase sweeping angles and smoother surfaces. A new grille styling was also visible in the teaser, which is similar to the one carried by the new Mercedes-AMG GT.
It appears that the upcoming Mercedes A-Class will sport a new platform. It was earlier mentioned that it could get the MFA2 platform.
The MFA2 platform will give the hatchback more room, especially at the back. A source speculates too that the A-Class range could get a sedan version. The spy video here only shows hatchback variants of the car similar to what we have at present though.
Previous spy shots revealed that the interior of the 2018 Mercedes A-Class has two prominent screen displays similar to the E-Class and S-Class. The exterior does not show much about the car yet because of the heavy camouflage of the prototypes.
As for the power unit of the auto, it will likely be equipped with the new four-cylinder engine of Mercedes packing around 160 bhp to 190 bhp. A new three-cylinder engine is in the works as well, which might be carried to the other variants of the A-Class.


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Apple is known for a lot of things, especially its polished hardware and great software. But the company also courts criticism for its not-so-affordable gadgets and a software ecosystem that locks users into the famed ‘walled garden’ whose walls have only kept getting higher over the years. Privacy, however, is one aspect that has been a central focus of Apple’s strategy, but not without some compromises, as highlighted by a recent report by TheNewYorkTimes. Telegram founder Pavel Durov – known for his vocal support for user privacy – has now cited the report to launch a scathing attack against Apple.
Apple's business is based on selling overpriced, obsolete hardware to customers
Durov’s diatribe begins with how Apple’s alleged acquiescence to the demands of China’s notoriously surveillance and censorship-loving state isn’t surprising because tech giants often prioritize profits over ethics. Durov then goes on an offense against Apple’s ‘totalitarian approach’ that turns iPhone users into what he calls ‘digital slaves’ – something that the Chinese government is also said to favor. And with Apple allegedly bending to the Chinese government’s will, the state now has complete control over the data of all citizens using an iPhone, he adds.
Talking about iPhones, Durov equates it with using hardware from the Middle Ages. The Telegram chief goes on and chides Apple for selling ‘obsolete, overpriced’ hardware that also locks them tightly into its software ecosystem. Durov specifically targets how iPhones, despite their high asking price, are still stuck to a 60Hz display, which means animations and general UI interaction is not as smooth as you would experience on Android phones with a 90Hz or 120Hz screen.
Durov’s criticism here is legit, as Android phones that cost a fraction of a modern iPhone have made the upgrade to 90Hz, 120Hz, or even 144Hz screens. Apple is rumored to finally embrace the 120Hz trend, but that perk will reportedly be exclusive to the ‘Pro’ models of its upcoming iPhones slated to launch later this year, and they will most likely cost a thousand dollars for the base model.


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Ivanka Trump is facing backlash after tweeting a photo of herself holding up a can of Goya beans. The tweet from the president’s daughter includes Goya’s slogan, “If it’s Goya, it has to be good,” in both English and in Spanish. She also posted the image to her Facebook and Instagram pages.
Trump’s social media post comes days after Goya CEO Robert Unanue praised Mr. Trump during an event last week at the White House. “We’re all truly blessed at the same time to have a leader like President Trump, who is a builder,” Unanue said.
Unanue’s remarks prompted calls for a boycott of Goya, which considers itself the largest Hispanic-owned food company in the U.S. In response, Unanue said he was “not apologizing” and called the #BoycottGoya campaign an attempt at “suppression of speech.”
If it’s Goya, it has to be good.
Si es Goya, tiene que ser bueno. pic.twitter.com/9tjVrfmo9z
Many on Twitter wondered if Trump’s tweet would add to Goya’s woes.
Wouldn’t it be a BIGLY bummer for Goya Foods if this picture made #BoycottGoya trend again? https://t.co/6rNXB0cR54
Doesn’t @IvankaTrump know that @GoyaFoods is already in enough trouble without having the daughter of the man who called Hispanics rapists doing a promo for them? https://t.co/wL61qOCE1B
Others questioned the ethics of Trump seemingly endorsing Goya products by using the company’s slogan in her tweet and holding up a can of black beans.
White House advisor Ivanka Trump promoting Goya seems like it could raise potential ethics issues since executive branch employees other than the president are prohibited from using public office “for the endorsement of any product, service or enterprise” https://t.co/2wFzP8Uez8
Senior advisor to the President endorsing a product – using the company’s own advertising line. Ethics rules do not allow it – and pretty much unimaginable in previous administrations. https://t.co/j3GjFfS1Em
Representative Alexandria Ocasio-Cortez also tweeted about the potential conflict of interest, writing in Spanish that “If it’s Trump, it has to be corrupt.”
Si es Trump, tiene que ser corrupto 💸 https://t.co/Ti3oxFO6oY
According to the Department of Justice, “an employee may not use his public office for his own private gain or for that of persons or organizations with which he is associated personally. An employee’s position or title should not be used to coerce; to endorse any product, service or enterprise; or to give the appearance of governmental sanction.”
Trump and her husband, Jared Kushner, are advisers to the president, according to the White House website.
In 2017, Kellyanne Conway, a counselor to Mr. Trump, was investigated for a similar incident when she encouraged Americans to buy Ivanka Trump branded products after they were dropped from Nordstrom stores. Conway was cleared of any wrongdoing, as deputy counsel to the president on compliance and ethics Stefan Passantino said she had “acted inadvertently” and “without nefarious motive.”
Source: Read Full Article


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Online gaming company Fight My Monster has announced it will soon be leaving behind its headquarters in the Queens Park area of London in favor of the Silicon Valley Peninsula - namely, good old San Mateo.
Fight My Monster is fast becoming a recognizable name in the gaming industry. Though the company still hasn't even celebrated its second birthday, it already boasts roughly 1.5 million users, who regularly spend at least 40 minutes on the site each time they visit.
In particular, Fight My Monster is making significant headway in the target market of boys age 8-14. Founder and CEO Dominic Williams is father to four boys of his own, between 3-11 years old, whom he says regularly provide valuable feedback on the company's games and other products.
And, rumor has it, Fight My Monster will soon be attempting to go the way of gming goldmine Angry Birds and branching out from providing just online games.
TechCrunch reports the company recently signed on with merchandising and licensing experts Russell Binder and Dimensional Branding Group - who actually do work with the team behind Angry Birds - to look into merchandising and other potential tie-in revenue streams.
Fight My Monster also reportedly signed a TV production deal with the Oscar-nominated Brown Bag Films recently, for an as-yet unknown project.
No word yet on where in San Mateo the company will be setting down roots for its new Bay Area headquarters.
For hyperlocal business news such as this wherever you go, follow us!


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YOUTUBE: NON-STOP MUSIC
Ever wished you could play non-stop music on YouTube? Well now you can, thanks to a simple app called Tubalr, developed by 23 year old software developer Cody Stewart in Atlanta.
To use Tubalr, either select “only” which plays songs by a single artist or select “similar” to search for related artists. All songs are then linked to your YouTube playlist.
The other reason it’s so useful? You don’t have to see 1000s of comments you’re not interested in while searching for music.
APPLE iTV FEATURES
They say size doesn’t matter, so why is it when a former Apple employee revealed the details of the soon-to-launch Apple TV he described it as a big, slick, 50 inch TV?
The LCD is said to have built in Wi-Fi and have SIRI’s voice recognition system.
News.com.au also reports that experts believe the TV will run on Apple’s operating system and bring the App Store to the living room. The device could also utilise Apple’s AirPlay, which would allow iPads, iPhones and iPods wireless connectivity.
2011: YEAR OF THE CRAZIES
Sometimes it’s nice to reflect on how much can happen in a year, that’s why I enjoyed this re-cap of the craziest tech-stories of 2011 – from the IE IQ hoax, to MC Hammer’s search engine. No one can deny it was an action packed year.
THE FUTURE OF SEO
Looking deep into the crystal ball, CEO and Co-founder of SEOmoz.com Rand Fishkin gives his 8 predictions for SEO trends in 2012.
Fishkin provides his thoughts on what will cause a backlash against Google and what’s next for social media.
A very good read.
IF YOU USE QR CODES, DO IT RIGHT
QR codes are popping up left, right and centre – but it seems that not all marketers are using them well.
AdAge.com reported that QRblaster.com, published the worst campaigns of the year – including codes placed where there was little or no internet access, such as Red Bull who put QR codes on the subway and United Airlines had them on in-flight magazines.
While it’s important to stay ahead of the innovation pack, it’s equally important to remember how consumers use technology.
F-SHOPS NOT TRUSTED…YET
It’s alleged that social media is responsible for keeping marketers awake at night, so I’m sure the research which says 50% of consumers distrust Facebook stores might be enough to make said marketers full-blown insomniacs.
Digital expert and best selling author David Amerland reports that the study, which ThreatMetrix undertook with the assistance of the Ponemon Institute also reveals that of those questioned, 51% said that Google is more effective than Facebook at keeping them safe from online criminals, and only 20% have purchased something directly within Facebook.
It will be some time before marketers start getting more sleep.
HOW-TO MAKE BIG BUCKS ON YOUTUBE
Ever dreamed of being a YouTube celebrity and earning the big bucks by simply uploading a weekly video? With more than 15,000 partners across the globe, there is no reason why you can’t be one of them.
This article written by Greg Jarboe and published on searchenginewatch.com, gives you tips and tricks for optimising your YouTube videos, creating compelling content, engaging the community and how to measure success.
And no, you don’t need a horse or old-spice soap.
MOBILE STAT FEST!
Research company comScore has released the latest mobile subscriber data which shows Android handsets continue to dominate the Smartphone market with 47% marketshare, and iPhone at just under 30%.
The research also suggests that more people are now using mobile apps to view content than their mobile browser.
BRAND LOVE: MORE THAN JUST FAN NUMBERS
Many brands use the number of fans they have as a gage of how successful they are on social media sites – but we all know that this isn’t really the case. However, up until now, we’ve had very little way of proving it.
Fathom Analytics’ relationship quality index is changing that by measuring four factors – the brand pages number of fans, their momentum, fan engagement and sentiment in posts/comments.
It’s not perfect – but it’s a step in the right direction.
AUSTRALIANS ARE “UNSOCIAL”
Research has exposed Australia’s Facebook habits – and it suggests that Australian’s are not the social bunch that they think they are, according to research done by PureProfile.
A third have seen less than five of their online friends in the past year and the Adelaide Advertiser reports that the research also found just more than a third of Aussies do not consider their Facebook friends’ list a “true friends” list. Even more alarming is that more than a quarter admits they do not know all their friends on Facebook.


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New York, New York—May 20, 2020 (PR Newswire) —Atma Global, which specializes in helping professionals learn more about global business practices, was named the winner of a Bronze Stevie ® Award for Product Management Department/Team of the Year in the 18th Annual American Business Awards ® .
The American Business Awards are the U.S.A.’s premier business awards program. Nicknamed the Stevies for the Greek word meaning “crowned,” the awards will be virtually presented to winners during a live event on August 5.
Atma Global’s Team of the Year was acknowledged for its new, innovative subscription digital channel Atma Insights, which showcases proprietary analysis on global business content. Soon it will cover all of the G20 countries, representing 80% of world trade.
American Business Award judges noted Atma Insights is a “good immersive tool” that is “easier and more affordable” and “significantly increases productivity.” Judges stated that the digital platform is able to “bridge the gaps in cross-cultural communication” while helping users “learn business engagement rules” and “empathize with people from different regions of the world,” all “very important for a global business organization.”
Atma Global’s CEO Sanjyot P. Dunung stated, “Our diverse team is pleased to receive this acknowledgment of our work on helping professionals understand how to do business globally as well as assess the impact of cultures on business practices and operations. Notwithstanding the current health and economic crises, businesses need to be prepared to operate in a new business environment as global economies reopen. We designed Atma Insights to be a reliable, accurate, engaging, cost- and time-efficient learning resource for professionals.”
Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. “Despite the toughest business conditions in memory, American organizations continue to demonstrate their commitment to innovation, creativity, and bottom-line results,” said Stevie Awards president Maggie Gallagher.


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(Image courtesy of Google Street View)
Every week, we bring you five gear-related stories, from all over, that you won’t want to miss. Here are this week’s highlights:
Climb, Ski or Run Mont Blanc with Google Street View
This week, Google released an impressive new guide to Europe’s highest peak, Mont Blanc, with Street View camera footage and “digital guides” like alpinist Ueli Steck and mountain runner Kilian Jornet. Climber and cinematographer Renan Ozturk led the filming with high-res, 360-degree photos of famed Mont Blanc landmarks like the Gouter route to the summit, the Cosmiques Icefall and the south face of the Aiguille du Midi.
(Phoot courtesy of Erin Hogue | Transworld SNOWboarding)
Review: Hightide’s Prototype Asymmetrical Swallowtail Snowboard
Hightide has released a second prototype of their 151-centimeter ‘Asymetrip’ powder board, and the folks at Transworld SNOWboarding had a chance to test it out at Blackcomb. The board design was inspired by surfing, where longer toesides help with turn initiation.
“This isn’t a board for everyone,” says the review, “but it is a solid contender for a rider looking to build a quiver of decks that give a unique and entertaining ride on both hardpack and pow.”
(Image courtesy of Nite Ize Gear Ties)
The New Duct Tape: 6 Uses for Gear Ties
In this handy little guide, Gear Junkie offers six innovative uses for gear ties—“an underutilized outdoors accessory … much like duct tape.” The bendable plastic ties are exceptionally cheap and can do everything from lashing gear together on bikepacking trips to crafting a DIY camera tripod to offering a temporary fix for broken snowshoes or crampons during an outing.
(Image courtesy of Bragi Dash)
The Smartest Earbuds
Engadget cast a spotlight this week on the Dash earbuds by Bragi—Bluetooth-enabled wireless earbuds that double as a 4GB media player, as well as a fitness tracker with heart-rate monitor and step counter. For $299, the Dash is not cheap, but Engadget was thoroughly impressed by nearly all aspects of this groundbreaking piece of equipment—particularly the way it stayed put (silicon “FitSleeves” help accommodate a variety of ear sizes) and its clean sound.
A few complaints: a few performance quirks, short battery life and some fitness-tracking weaknesses.
How to Sharpen Your Crampons
This tends to be a hard time of year on crampons, when climbers engage in more mixed routes where they’re traversing between ice, snow and rock. According to this helpful primer from About Sports, most mixed climbers and mountaineers should sharpen their crampons at least once a season.


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BERLIN — Continental is seeking deeper cost cuts after second-quarter net profit fell 41 percent, hit by lower vehicle demand in China and steep investments for electric and autonomous cars. “We are responding to the declining market by ensuring rigorous cost discipline and enhancing our competitiveness,” CEO Elmar Degenhart said in a statement. Net profit declined to 485 million euros ($543 million) while revenues were down 1 percent and came in at 11.26 billion euros.
HOUSTON—Citing a challenging macroeconomic environment, particularly in the automotive markets, Orion Engineered Carbons has revised it full year earnings forecast, lowering its anticipated earnings.
Hanover, Germany — Continental Corp. has registered a 17.1% year-on-year decline in earnings on flat sales for the first quarter of 2019.
Adjusted EBITDA fell to €884 million for the first three months of the year, while sales grew 0.3% to €11 billion, Continental said in a release 26 April.
The company statement did not offer a breakdown of the business performance of its various divisions.
CHICAGO (Reuters) – In the nearly 40 years she has spent in trade, Amy Magnus has never seen retailers hoarding so much inventory. Warehouses throughout the United States are at record capacity with Chinese imports of all kinds – microwaves, vacuum cleaner filters, swimwear, furniture – stacked to the ceiling, according to Magnus, who heads the National Customs Brokers & Forwarders Association of America, whose members work with over 250,000 importers and exporters.
Tire Business talked with Darren Thomas, senior vice president of sales and marketing for Falken Tire Corp., a unit of Sumitomo Rubber North America Inc., about his thoughts on the tire industry and how his company is performing heading into the second half of the year.
PARIS (Reuters) – French tire maker Michelin reported higher profits for 2017 while warning of a likely hit from foreign exchange movements.
Net income rose 1.6 percent last year to 1.693 billion euros (1.52 billion pounds), the company said on Monday. Analysts polled by Inquiry Financial for Reuters had given a median net income forecast of 1.67 billion euros.
Akron, Ohio — Goodyear suffered double-digit drops in segment operating income for the quarter and fiscal year ended 31 Dec and reported a tax-reform-related net loss for the quarter.
Goodyear cited elevated raw materials costs and the “unfavourable” impact of reduced production volumes on costs for the operating earnings declines, and said the fourth quarter loss was driven by a $299 million (€244 million) one-time, non-cash tax charge related to US tax reform.
All Avon Rubber (AVON) needs to do is not mess up, to prosper. It should make a good long-term investment. Perennially on my watchlist, I’ve decided to add Avon Rubber to the Decision Engine.
On a sunny afternoon in early October, I drove across a parking lot in Ann Arbor, Mich., and down a sloping road to a second, private lot. A fence lining the lot’s perimeter was covered in black fabric, as if to deter snoops. Behind it was a 32-acre Potemkin village. There were paved roads with names and signs: Liberty Street, Main Street, Wolverine Avenue. There was a traffic roundabout, a covered underpass and a railroad crossing.
AUBURN HILLS, Mich., Nov. 9, 2017 /PRNewswire/ — Unique Fabricating, Inc. (“Unique” or the “Company”)(NYSE MKT: UFAB), which engineers and manufactures multi-material foam, rubber, and plastic components utilized in noise, vibration and harshness management and air/water sealing applications for the automotive and industrial appliance market, today announced its financial results for the third quarter ended October 1, 2017.
Third Quarter 2017 Financial Highlights
- Revenue of $41.2 million in the third quarter 2017, down 7.9% compared to $44.8 million in the third quarter 2016
- Net income of $0.7 million, or $0.07 per basic and diluted share…


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Shares in Volkswagen are tanking Monday as the market reacts to the news that the company faked the results of diesel emissions tests in the U.S., exposing it to potentially huge fines.
By late morning in Frankfurt, Volkswagen’s market value had fallen by nearly 20 billion euros ($25 billion), as its preferred stock fell 20.7% and its less liquid voting stock 19%, as investors tried to put a price on the damage caused by the scandal.
The damage is threefold: first, there is the near-certainty of the fine that will be levied by U.S. authorities. Under U.S. EPA rules, each one of the 482,000 four-cylinder diesel VW and Audi models improperly tested since 2009 would be subject to $37,500 in fines – meaning a potential penalty of up to $18 billion. Reuters reported that the company has already ordered U.S. dealers to halt sales of some 2015 diesel cars.
Secondly, there is the threat that the scandal will reignite the boardroom war that has engulfed VW this year, a saga that has contributed to it underperforming its rivals’ stock prices this year. CEO Martin Winterkorn, who issued an apology over the weekend and who was in charge of the firm at the time of the cheating, is caught in a familiar logical trap: either he was complicit in illegal activity or he was ignorant of it; both interpretations give ammunition tohis enemies, led by ex-chairman Ferdinand Piëch.
Thirdly, and most importantly of all, there is the inestimable damage to VW’s reputation. VW, like its German peers Daimler AG DDAIY -4.70% and Bayerische Motorenwerke AG BAMXY -3.91% , is obsessive about cultivating an image of technical excellence and the reliability and safety of its products. In that respect, the scandal represents the biggest challenge to the German car industry in years.
“This is not your usual recall issue, an error in calibration or even a serious safety flaw,” Reuters reported Bernstein analysts as saying in a note on Sunday. “There is no way to put an optimistic spin on this – this is really serious.”
An optimist might try to argue that the company has little to lose in the U.S., where it had a market share of less than 4% in 2014. But that made the U.S. one of the few areas where VW had the scope to grow in future–especially since its heavy exposure to emerging markets is looking like a riskier bet as growth slows down from China to Russia and Brazil.
Shares in BMW were dragged down 3.2% in Frankfurt Monday, while Daimler’s fell 3.6%. Reuters reported Daimler CEO Dieter Zetsche as trying to stop his company being tarred by association Sunday.
“I have a rough idea of what is happening and that it does not apply to us,” Zetsche told an event in Hamburg.
Winterkorn said in his apology that “We do not and will not tolerate violations of any kind of our internal rules or of the law.” He also said the company had commissioned an external investigation, but didn’t give any details as to who would conduct it.
Cynthia Giles, an enforcement officer at the EPA, said on Friday the cars in question “contained software that turns off emissions controls when driving normally and turns them on when the car is undergoing an emissions test”.
The feature, which the EPA called a “defeat device,” masks the true emissions only during testing. When the cars are on the road, they emit as much as 40 times the level of pollutants allowed under clean air rules meant to ensure public health is protected, Giles said.


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Bob Jo’s Frozen Custard, a staple in a Michigan town, ended its summer season on a sweet note after a customer unexpectedly left a $200 tip.
“We try to have good customer service as much as possible — I guess it finally paid off,” Delores Ricchiuti, the manager of the custard shop, tells Yahoo Lifestyle.
Countless customers have passed through the Wyandotte, Mich. shop since it opened in 1946. Some have even showed their appreciation by leaving extra money for its employees in the unassuming tip jar. According to The News Herald, for its summer-time employees — 16 girls between the ages of 15 and 21— it’s a chance to make some spending cash during their summer break from school.
Despite being a staple in the local community, in recent years, its loyal customers have left the tip jar with only a few stray bills.
“Every once in a while someone will put a $5 tip in or maybe a $10 — and that's remarkable," Ricchiuti says.
With the summer season coming to a close, business was especially hard to come by during this rainy week. But one customer — a man they had never seen before — would change that.
“The gentleman who left a tip noticed that the girls only had some change. After he got his shake, he asked how many girls were working that night and they said, ‘There are four of us back here,’” Ricchiuti says. “He pulled out his wallet pulled out four $50 bills and gave it to them.”
Camera footage from the store shows the heartwarming moment four employees in their signature cobalt blue T-shirts accepted four $50 dollar bills from the customer. The shock and emotion was clear on their faces.
“They were so ecstatic they couldn’t believe it. One of our employees, it brought tears to her eyes,” says Ricchiuti. “They are all so hardworking. They deserve it!”
Tony Ricchiuti, the owner of Bob Jo’s after taking over the store from his own father, told Fox News Detroit that his employees’ responses were “priceless.”
"As you can see on their faces it lit everybody up — me included when I watched the tape,” he added.
According to the local news outlet, none of Bob Jo’s employees recognized the man in a gray Oakley hoodie who left with two frozen custards. Although Tony Ricchiuti still doesn’t know the identity of the mysterious tipper, he said he will always be welcomed back to Bob Jo’s.
Read more from Yahoo Lifestyle:


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ELKHART, Ind. (WNDU) – This is bound to be a banner week for car sales in Elkhart.
Starting Friday morning a 230 classic car collection will be sold at auction.
The collector, Najeeb Khan is in bankruptcy court and is accused of defrauding clients of his payroll processing business.
Officials say “several” cars will likely fetch more than $1 million.
“Well the Mercedes Gull-wing here (1955) to my right is always at the top of everyone’s list. It could reach two and a half million,” said Gene Von Gunten, a free lance automotive writer who toured the venue today. “But there’s some one-off cars here that were basically styling exercises by Italian styling studios. It’s hard to say what the market is on those cars because they’re so seldom sold. So this auction will set some benchmarks for the value of those cars.”
The inventory ranges from a 1929 Austin Healy to a 2010 Alpa Romeo, from race cars to children’s pedal cars.
“This is undoubtedly one of the very best collections in the country. It’s offered for almost completely without reserve and there are hundreds of incredible automotive lots,” said Alain Squindo with RM Sotheby’s. “This is the culmination of 30 years of dedicated collecting but really more than collecting, more really curation and looking for very specific high water marks in the automotive history and chasing the very best examples in those categories.”
The auction will also feature automotive memorabilia from vintage gas pumps to bar stools, signs, and collectibles.
The bidding starts tomorrow and continues Saturday.
The auction venue is sold out but people can still register to participate online or over the phone.
Copyright 2020 WNDU. All rights reserved.


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Online ad spending continued to grow in the first quarter of 2012, with significant rises across all parts of the globe, according to Nielsen’s quarterly global AdView Pulse report. In particular, the Middle East and Africa enjoyed 35.2 percent growth, while Latin America saw a 31.8 percent rise compared to the previous year. Europe has also grown by 12.1 percent.
The report also found that although TV continues to attract a large proportion of advertising dollars, Internet advertising has seen the biggest increase with advertisers spending 12.1 percent more in the first quarter of 2012, than they did in Q1 2011.
Radio has also seen an increase in ad spending globally, including a 2.6 percent increase in North America and 2.8 percent in Europe. In emerging markets such as Latin America, and the Middle East and Africa, there was a substantial rise with 18 percent, and 21.1 percent growth respectively.
Conversely, print ad spending in magazines declined since the previous comparable year, specifically in the US. Newspapers however have seen growth with a 3.1 percent increase.
Retailers understand the importance and potential of omnichannel marketing, but implementing it is the hard part.
Despite not being one of the juggernauts, Avocados From Mexico made a big impression during the Super Bowl. Meet Ivonne Kinser, who heads the ... read more
While CTRs may have worked in the 1990s, and still do have a place in email marketing, when it comes to banner ads, they’re not your friends when it comes to measuring ad effectiveness. But what other options do we have?
The past month has been filled with big management changes at Twitter, Taco Bell, PayPal, Havas Worldwide, DigitasLBi and Google.


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Wondering if a restaurant's serving ramps tonight? A new free app, Daily Specials, alerts you about limited-time-only dishes. Restaurants upload new menu items — as well as photos — and you can follow your favorite places and scroll through one easy feed to see them all. The app can also ping you about last-minute reservation openings and special events. Out of all the new food apps out there, this one sounds pretty cool: Dovetail, Luke's Lobster, Osteria Morini, and Pok Pok are already onboard. It's only available for New York restaurants at the moment, and you can buy it on iTunes now.
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It has emerged that a coach full of British tourists expecting to see one of Europe’s busiest Christmas markets ended up in a closed car boot sale after the driver mistakenly took them to the wrong destination.
It was only on their return to Hull, East Yorkshire, that the group realised the market they were heading for – Belgium’s Winter Wonders festival in the centre of Brussels – had been less than three miles up the road!
They had taken the trip hoping to see an illuminated big wheel, as well as enjoying laser shows, street theatre and the delights of 240 shopping chalets. Instead, they were met with a ‘Closed’ sign and rows of empty stalls. Only one stall was open and that was selling fruit and vegetables.
One of the unfortunate tourists, said: “The coach driver announced we had arrived and we all got off. We couldn’t believe it. It was like going to a car boot sale which, to make matters worse, was shut. We just wandered around in disbelief.”
Isa Maurer, of Brussels International Tourism and Congress, suspects the coach party was taken to a market at Queen Astrid Square in Jette, rather than the Winter Wonders Festival which attracts 2.5 million visitors a year. “They were definitely not taken to the Winter Wonders event,” she said. “It’s a shame they did not make it as it is one of the most beautiful Christmas events in Europe.”
National Holidays, which organised the trip, is now seeking an urgent explanation from the coach driver. The company’s managing director, Graham Rogers, said: “We are as flabbergasted as our customers are,” he said. “We have been speaking to them on an individual basis and we will be offering them a gesture by way of compensation.”
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*Premium £5.32 includes Insurance Premium Tax based on an adult aged under 55 taking out a “Standard” Single-trip 24/7 travel insurance policy for 3-days in Europe excluding personal possessions cover and purchased within 14 days of departure date. Cover details and prices are correct at time of going to press (January 2010) and are subject to change.


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(MENAFN- AzerNews) By Mirsaid Ibrahimzade
Azerbaijan takes important steps to ensure the provision of the population with high-quality agricultural products as well as to increase the competitiveness of local products and their export potential.
The country's Food Safety Agency helps ensure the regulatory framework of food safety and carry out risk analysis, hygiene certification, as well as provide a quality certificate for food products exported to foreign countries, ensure state control over the protection of the rights of consumers of food products.
Goshgar Tahmazli, chairman of the Food Safety Agency, said at a press conference dedicated to the anniversary of the beginning of the Agency's activities that the call center 1003 of the Agency has received 17,241 appeals on violations of consumer rights and appeals of a different nature.
He said that 579 inspections were conducted, including 277 planned and 302 unscheduled inspections, which resulted in administrative measures being implemented in 390 cases.
Tahmazli went on to say that thanks to control measures taken during the export process, the number of cases of refusal in importing countries has been significantly reduced.
As a result of the operational measures carried out by the agency with the help of the staff of the Ministry of Internal Affairs, 5,947 kilograms of meat not meeting the technical and regulatory documents on microbiological and organoleptic indicators were revealed.
In the future, the Agency will ensure further introduction of innovative solutions for rapid development of cooperation with entrepreneurs. There are also plans to automate import and export processes and conduct online information exchange in real time with the State Customs Committee. This will minimize contacts between citizens and officials, thus preventing waste of time of the entrepreneurs and further simplifying export and import processes.
Mirsaid Ibrahimzade is AzerNews' staff journalist, follow him on Twitter: @MirsaidIbrahim1
Follow us on Twitter @AzerNewsAz
#AZERBAIJAN'S FOOD SAFETY AGENCY
Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.


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Trulia, in its first earnings report integrating the business metrics of its subsidiary Market Leader, reported a fourth-quarter 2013 net loss of $11.1 million on revenue of $49.7 million. The firm grew its revenue by 142 percent from a year ago, setting a quarterly record for the firm.
Trulia also added 3,300 subscribers in the fourth quarter, growing its subscriber base to 59,700 (as of Dec. 31), a 145 percent increase from the 24,400 subscribers Trulia reported at the end of 2012.
For 2013 as a whole, Trulia reported a net loss of $17.8 million on $143.7 million in revenue, a jump of 111 percent from 2012’s total revenue.
The boost in both Trulia’s revenue and subscriber count comes from the addition of Market Leader, the real estate marketing and tech firm Trulia acquired in August for $355 million.
Market Leader, which signed a technology partnership with the large brokerage NRT LLC in January and maintains other, similar partnerships with franchisors Keller Williams Realty, Better Homes and Gardens Real Estate and Century 21 Real Estate, provides marketing and tech tools like a customer relationship management platform, websites and leads to agents and brokers.
In January, Trulia released its first product built in conjunction with Market Leader, “Trulia Seller Ads” — a tool that helps agents capture seller leads.
Trulia CEO Pete Flint announced that the firm will launch a strategic marketing campaign in 2014 to get Trulia’s name out to consumers.
“We believe (the campaign) will make Trulia top of mind with serious homebuyers and sellers, allowing us to connect even more transaction-ready consumers with real estate professionals,” Flint said in a statement.
With the campaign, Trulia will be playing catch-up in that arena to larger rival Zillow, which doubled its marketing spend in 2013 with a campaign that included its first-ever national TV commercial. Zillow noted in its earnings call yesterday that it plans to spend heavily again on marketing in 2014.
Trulia reported that monthly unique visitors to its site averaged 35.3 million in the fourth quarter, a 49 percent increase from the same period last year. Average monthly unique visitors from mobile devices was 14.3 million in the fourth quarter, representing approximately 40 percent of the site’s traffic.
In conjunction with its earnings release, Trulia introduced a new look for the desktop version of its website today. The revamp features a more image-dominated design and links to connect consumers with agents, local market info and a rent-or-buy calculator.


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It’s the brand that pioneered food storage when it burst onto the scene in the mid-1940s.
But after almost 77 years in business, Tupperware is now on the brink of collapse.
Last Friday, Tupperware disclosed it has ‘substantial doubt about its ability to continue as a going concern’ in the face of a cash crunch and pressure from creditors, after errors in its financial statements left it unable to timely file an annual report.
Meanwhile, experts have now said that financial missteps, the demise of the direct-sales model in the age of e-commerce, and the rise of cheap alternatives – including re-useable containers from food deliveries – have all played a role in Tupperware’s downfall.
With the current bleak circumstances, it’s almost hard to believe that brand inspired a cultural phenomenon in the 20th century with its famous ‘Tupperware parties’.
Brownie Wise (pictured) was a divorced single mother when she discovered Tupperware products in the late 1940s. She took the brand worldwide by coming up with their ‘Tupperware parties’
What’s more, the brand famously also had a fan in the late Queen – who was said to use their products everyday,
Here FEMAIL takes a look back at company’s glory days – as consumers prepare to say goodbye to Tupperware.
Glamorous face of the brand
In 1946, Earl Tupper, from New Hampshire, created his first range of polyethylene kitchenware.
At the time, the US was still reeling from the Great Depression and the chemist wanted to create a product that could help with food waste.
The aspiring product developer was inspired by the airtight seal on paint cans and used this as the basis for the ‘Wonderbowl’ – which hit shelves the following year.
A 1947 House Beautiful review of the Wonderbowl labelled it ‘fine art for 39 cents’.
However, the vacuum-sealed plastic container was so innovative that shoppers were wary at first – and required demonstrations on how to use it.
Undated photo of Earl Tupper and Brownie Wise. The founder hired the single mother as his Vice President of Marketing in 1951
A group of unspecified women attend a Tupperware party, some wearing hats fashioned from Tupperware products in 1955
According to History.com, confused customers kept returning the air-tight lids to shops as they believed they didn’t fit.
In a bid to boost sales, Earl Tupper hired divorced secretary Brownie Wise to be his Vice President of Marketing in 1951.
A few years before, a travelling salesman tried to sell the single mother the products on her doorstep.
According to Bob Kealing’s 2016 biography Life Of the Party, Brownie was so unimpressed with his pitch that she decided to try selling Tupperware herself.
In order to make some extra money, the single mother started hosting ‘Tupperware Patio Parties’ at her home.
She later said: ‘I needed the money for me and my kid. So I got out there and made it.’
Brownie Wise, vice president and general manager of the Tupperware Home Parties, receives award from Boston Sales Executives Club in 1956
At the time, she had been working at Stanley Home Products and became one of the chain’s managers in Michigan – before the founder told her: ‘Management is no place for a woman.’
Although Tupperware had been well received by the press, it was still struggling to shift products in store.
As Brownie was outselling major department stores between 1949 and 1950, she was offered exclusive rights to sell Tupperware in Florida.
From 1951-1958, she headed up sales at Tupperware and she’s credited with spurring the company’s growth by becoming the glamorous face of the brand, which was targeting other housewives.
As well as being the first woman to ever appear on the cover of BusinessWeek, Brownie also gave demonstrations to editors at Vogue and Glamour.
Pictured: UK residents attend a Tupperware party in 1963. The brand had come to the UK just two years before
Tupperware adverts from the 1950s, urging housewives to throw their own parties to buy and sell the products
Women attend a Tupperware party, hosted to market the new brand of plastic containers, in 1955
Just like Avon Ladies in the UK, Tupperware began offering housewives the chance to become ‘consultants’ and sell the products to local families in the 1950s.
In her role as Vice President of Marketing, Brownie even wrote her own ‘manual’ for recruits – including the ‘urgent musts’ of any successful Tupperware party.
According to the New York Post, Brownie wrote that the atmosphere of the party should be ‘relaxing’ because the ‘social spirit of a party tends to lower sales resistance of those present’.
Wise went on to write that ‘it is a proven fact that you will sell more to a group of 15 women than you will sell to them individually’.
In the 1950s and 1960s, Tupperware Parties were the only way in which shoppers could purchase the food storage containers.
An 1950s magazine advert for the parties read: ‘There’s nothing quite like Tupperware for refrigerator, freezer, cupboard or table.
Advert for Tupperware from the 1950s shows a ‘consultant’ hosting a party in her home to educate others about the products
An advert urging housewives to host Tupperware parties which appeared in a US magazine in the 1960s
‘Only Tupperware has the patented Tupper Seal – keeps stored foods so fresh, so long… and yet it looks so attractive on your table, too!
‘Millions of women each year are introduced to Tuperware’s work-saving wonder-world by the popular home party plan.
‘Invite your friends over for a Tupperware party and receive a lovely gift just for being a hostess!’
At the time, hostesses would receive free products based on how much they had sold at their event.
Writing for the Emporia Gazette in 1960, columnist Irene Corbally Kuhn described a Tupperware party she attended in Queens, New York.
She said: ‘The evening started with games, and all the women taking a night off from husbands, housework and children, got right into the spirit of the occasion.
‘Only soft drinks and cookies were served — this is an unwritten law so that no one is tempted to overreach herself socially or financially.
Pictured: a 1965 advert for Tupperware. In the 1950s and 1960s, Tupperware Parties were the only way in which shoppers could purchase the food storage containers
‘Mrs Stegmaier showed the new things, discussed new ways of using them. The party lasted two hours, and when it was over, the women ordered what they needed. One of the guests announced she’d like to be a hostess next month.’
In her 1999 book Tupperware: The Promise Of Plastic In 1950s America, Dr Alison Clarke wrote: ‘There was a strong philosophy in Tupperware of women being totally supportive to women. It was like a big sisterhood.’
The popularity of Tupperware parties waned as the number of housewives fell dramatically and women entered the workforce in droves.
Suddenly, eating out was easier than home cooking and Tupperware was no longer needed to store leftovers in.
In 1961, the first Tupperware party was hosted in the UK. Four years later, the company had launched in Japan, Australia and Singapore.
Speaking to the BBC, Dr Alison Clarke discussed the international appeal of the range of food storage containers – which was being developed in different shapes, sizes and colours.
Shopper in Target’s San Bruno store in California browses the Tupperware aisle and inspects the new launches
A 1980 advert for Tupperware with the taglinge ‘where work and pleasure come together’. In this period, the popularity of Tupperware parties had waned
She explained: ‘The Tupperware parties glamourised dull housework, and you could only buy it if you knew someone who sold it, so it was exclusive, and social, and about relationships with other women.
‘I started off thinking it was an exploitative capitalist conspiracy against women, and then I met all of these women who had a fantastic life because of it and saw how it was empowering for them.’
In 1965, the influential fashion magazine, Queen, gave Tupperware its seal of approval, lauding it as ‘the greatest revolution in household consumer goods since the Phoenicians invented glass’.
In 2007, the brand was still going strong and even inspired a Broadway musical about Tupperware’s origins.
What’s more, the firm was said to have an army of saleswoman in post-Soviet Russia- with many of them said to be earning more than £50,000 a year.
In 2003, an undercover journalist reported that the Queen used Tupperware to store her cereals – prompting sales to surge by 80 per cent
After launching in the UK in the 1960s, Tupperware also gained a surprising fan in the late Queen.
In 2003, it was revealed by an undercover reporter that the monarch – who passed away at the age of 96 last September – was said to store all of her various breakfast cereals in the brand’s containers to keep them fresh.
What’s more, Her Majesty’s former chef Darren McGrady revealed these weren’t the only Tupperware products she owned.
Speaking to Marie Claire in 2016, the ex-employee – who worked for the Queen from 1982 to 1993 – explained: ‘People always say, “Oh, the Queen must eat off gold plates with gold knives and forks.”
‘Yes, sometimes…but at Balmoral she’d eat fruit from a plastic yellow tupperware container.’
As a result of the royal revelation, retail sales surged – increasing by a reported 80 per cent.
At risk of folding
Tupperware has seen its market dominance threatened by competition from other popular brands including Rubbermaid, Glad, Pyrex and Oxo
Professor Gary Mortimer, a business and retail expert at the Queensland University of Technology, has said the company has failed to innovate or appeal to younger customers
What happened to Earl Tupper and Brownie Wise?
In 1958, Earl Tupper abruptly sacked Brownie, declaring that she had betrayed the company ethos and endangered its reputation.
He said she had been observed using a Tupperware dish as a dog bowl in her luxury home. It went against his ethos of the product as a hygienic way to store food.
Later that year, he sold the company in 1958 to the Rexall Drug Company for $16 million and moved to Costa Rica to avoid tax. He died a broken man in 1983 after his later inventions — including a laundry device for travelling salesmen — failed to take off.
The same year, Tupperware became the world’s biggest direct seller with annual sales of £620 million.
Over the years, the direct sales model has generally suffered with the rise of e-commerce, and companies that rely on an army of individual neighborhood sellers have been forced to re-think their business model.
Last June, the brand began selling on Amazon and then launched a partnership with Target four months later to put their products back on shelves.
However, it appears the new sales channels may not be enough to save the business.
Speaking to Daily Mail Australia, Professor Gary Mortimer, a business and retail expert at the Queensland University of Technology, said the company has failed to innovate or appeal to younger customers.
‘Tupperware is over 75 years old as a brand. It grew in the 50s, 60s, and 70s through product innovation and creating innovative solutions for kitchenware,’ Professor Mortimer explained.
‘But today, there are significant ranges of competing products in the marketplace, and there is only so much innovation you can take in food storage.’
Others note that Tupperware faces stiff competition from alternatives such as Rubbermaid, Glad, Ziploc, and even the reusable containers from food carry-out and delivery orders from the likes of DoorDash and Grubhub.
‘I don’t know about you, but I just save my takeout containers and reuse those,’ said Yahoo Finance anchor Julie Hyman in a Monday broadcast.
Neil Saunders, retail analyst and managing director at GlobalData Retail, told CNN that a ‘sharp decline in the number of sellers, a consumer pullback on home products, and a brand that still does not fully connect with younger consumers’ were all issues facing Tupperware.
He said the firm is in a ‘precarious position’ because it’s struggling to grow sales and being ‘asset-light’ means it is hard for it to raise money.
‘The company used to be a hotbed of innovation with problem-solving kitchen gadgets, but it has really lost its edge,’ he added.
Tupperware’s dire straights came to light in a regulatory filing on Friday, in which it said it was working to find financing to stay in business, but that it wouldn’t have enough cash to fund operations if it failed to do so.
Tupperware CEO Miguel Fernandez said the company has ’embarked on a journey to turn around our operations’
The company is reviewing its workforce and real estate portfolio as cost-cutting options, it said.
CEO Miguel Fernandez said in a statement: ‘Tupperware has embarked on a journey to turn around our operations and today marks a critical step in addressing our capital and liquidity position.
‘The company is doing everything in its power to mitigate the impacts of recent events, and we are taking immediate action to seek additional financing and address our financial position.’
Tupperware is also battling to avoid being delisted, after the New York Stock Exchange issued it with a warning for not filing an annual report by the March 31 deadline.
The company’s shares last traded at $1.30 on Tuesday morning, down 48 percent from one week ago, and a 93 percent drop from one year ago.


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,In a webinar two days ago, Khairy Jamaluddin, who was appointed Health Minister yesterday, argued that lives vs livelihoods need not be a zero sum game as we open our economy.
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Business Summary from Aug 23 to 28
S P Setia director Noraini passes awayS P Setia Bhd announced the demise of its director and audit committee chairman Noraini Che Dan yesterday. Noraini was appointed to the board on Sept 11, 2015. She has touched the lives of many and her stewardship will never be forgotten. AirAsia-rolls-out-ride-hailing-service" style="color:blue; text-decoration:underline" target="_blank">AirAsia rolls out ride-hailing service AirAsia Group Bhd has launched its very own ride-hailing services dubbed as Airasia ride as the airline industry continues to struggle with the Covid-19 pandemic and travel bans. The service is available on the Airasia.com application, which already offers services such as food and grocery delivery. Airasia Super App CEO Amanda Woo said Airasia ride drivers would not only focus on moving people but also moving packages and food. Coronavirus Outbreak
A much needed reset for the futureInbound and outbound tourism will recover very slowly depending on the opening of borders by highly vaccinated countries. Domestic tourism is the low hanging fruit that can be easily plucked for instant employment opportunities and reviving the severely-hit hotels and accommodation businesses. Local spending will have a multiplier effect on small businesses along the highways and byways. Malaysian Airlines and AirAsia can start building capacity with a clear roadmap ahead. In a webinar two days ago, Khairy Jamaluddin, who was appointed Health Minister yesterday, argued that lives vs livelihoods need not be a zero sum game as we open our economy. Once our population is fully vaccinated, we must still practice safe SOP’s of wearing masks, sanitising our hands and keeping safe distance policies in enclosed spaces. I fully agree with him.
Penang residential sector on recovery pathWHILE uncertainties of the pandemic continue to loom, experts are optimistic that the Penang residential property market is already on its path towards recovery. The residential sub-sector will continue to dominate the Penang property market, especially the affordable housing sector. For the Penang market, Rahim & Co Research says demand may still hold up and be merely delayed from the lockdown, as developers are still actively looking to launch and develop new products into the market via digital marketing, virtual viewings and proptech mediums. Banking
Maybank discontinues Fitch’s rating servicesMalayan Banking Bhd


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SM Cyberzone has formally launched the annual Cyber Month Tech Sale, a month-long techie affair that allows customers to purchase their favorite gadgets at discounts up to 50-percent off.
Lasting throughout August, the Cyber Month Tech Sale will not only include price slashes on gadgets and appliances, but will also feature tech talks, game fests, promos, freebies, and exhibits from partner brands.
Taking center stage during the launch program was LG’s Smart Home exhibit at SM Fairview. Held in partnership with LG and SM Appliance Store, the Smart Home highlights a technology-driven home with smart appliances including LG’s 98-inch Super Ultra HD TV, refrigerators, washing machines, smartphones, and home theatre add-ons.
SM Cyberzone has also partnered with Smart Communications, Inc. to mount the Philippine Clash 2015, a nationwide Clash of Clans (CoC) tournament with over PHP 2-million worth of prizes at stake. The tourney recently wrapped up its opening salvos at the SM Light Residences and SM Lipa, and will be heading to Visayas (August 23 at SM City Cebu); Mindanao (September 5 at SM Lanang Premier Davao); and Northern Luzon (September 18 at SM Baguio) for the rest of the clashes. The competition’s grand finale will be held on September 26 (Saturday) at SM Mall of Asia.
Additionally, SM Supermalls will be holding the first ever Cyberzone Cosplay Craze on August 22 to 23 at SM North EDSA, coinciding with the Cosplay Mania ’15 Road Show and International Cosplay day.
Finally, starting August 28, Smart will be holding the Smart Bro Gadget Expo at SM North EDSA where subscribers can get discounted gadgets, join device auctions and raffles, and partake in tech talks and product demos.
The complete list of Cyber Month activities are available at http://www.smcyberzone.com/.