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• Visitors had a firsthand encounter with Hydrogen & Electric technology and its environmental benefits.
• The stand included several zones: HYDROGEN ZONE, Hydro Academy, H garden. EV ZONE, EV Academy and 5 minutes station, EV Power station. and EV + LOUNGE ZONE.
• All the materials used in the exhibition/ stand will be recycled to ensure zero waste.
• Showcased cars included: IONIQ 5 and EV6 BEV, as well as the new Hydrogen car: The NEXO
Dubai, UAE (25th January 2022), Hyundai Motor Group has wrapped up its participation in the Korea Innovative Tech Fair at Dubai Exhibition Center from the 16th to the 18th of January, 2022 under the theme “Drive the Future”.
The Korean Innovative Tech Fair served as the platform for the automotive giant to showcase its evolution into a smart mobility innovator through its focus on sustainability. Various zones within the exhibition gave visitors a glimpse at the transformational potential of electric vehicles.
One zone, dedicated solely to electric vehicles, such as IONIQ 5, demonstrated the vast growth in features for this category. Visitors were able to track the impressive distances that battery electric vehicles (BEVs) can cover after just five minutes of charging. Additionally, visitors were able to charge everyday electronics, such as scooters and laptops, using the power generated by the BEVs.
“We were very pleased to play a pivotal role in celebrating Korean innovation, driving towards progress for humanity. We aspire to advance sustainable mobility by fostering our mobility solutions for a greener future”, said Mr. Hyoungjung Im the Vice President of Hyundai Motor Company. “Through this smart exhibition, our visitors had a unique experience in our immersive show zones where they learned about our eco-friendly solutions and exciting future products”.
Aligning with its mission in ensuring a greener future, Hyundai corroborated its commitment by reusing 85% of materials in temporary construction of the exhibition stand, along with careful selection of only non-hazardous building materials, the promotion of recycled and reused content, and local sourcing for reduced carbon footprint.
About Hyundai Motor Group
Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe. Based on the brand vision ‘Progress for Humanity,' Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider. The company invests in advanced technologies such as robotics and Urban Air Mobility (UAM) to bring about revolutionary mobility solutions, while pursuing open innovation to introduce future mobility services. In pursuit of sustainable future for the world, Hyundai will continue its efforts to introduce zero emission vehicles equipped with industry-leading hydrogen fuel cell and EV technologies.


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War puts coffee exports to Ukraine in jeopardy: Coffee Board
According to the Coffee Board, the current crisis has jeopardised Indian coffee exports to Ukraine and neighbouring countries.
India exported 6,604 metric tonnes of green bean, instant, roast, and ground coffee to Ukraine this fiscal year (April-January) and 23,519 metric tonnes to Russia. Indeed, coffee exports to Ukraine peaked at 7,327 metric tonnes in fiscal 2018-19 and decreased to 6,947 metric tonnes in fiscal 2019-20.
Historically, the CIS countries were the largest importers of soluble/instant coffee from India. According to data shared by Coffee Board, Russia currently accounts for 75% of this, while Ukraine alone accounts for more than 20%.
“The Russia-Ukraine conflict will undoubtedly have an effect on Indian coffee exports to Ukraine and neighbouring countries,” Dr. K.G. Jagadeesha, CEO and Secretary, Coffee Board, said.
Along with the immediate impact on exports, coffee exporters believe the war could have an indirect and long-term effect on overall coffee exports from India to Ukraine and neighbouring coffee markets.
“The Russia-Ukraine conflict is likely to increase the cost of fuel, metal/aluminum (most instant coffee is exported in metal cans and containers), and packaging materials. Additionally, logistics costs could skyrocket,” said Ramesh Rajah, president of the Coffee Exporters Association. “This means that the overall cost of exports will almost certainly increase, and buyers and sellers are already concerned,” he explained. “Moreover, all of this is occuring at a time when packaging raw material prices have already increased by 30%,” Mr. Rajah added.
Ukraine is one of the region’s largest coffee importers, while Russia ranks among the top five buyers of Indian coffee. “While Ukraine is predominantly a tea-consuming country, it has a highly developed coffee culture as a result of Turkish and Ottoman influence,” he explained. “The current state of uncertainty is unsettling for both exporters and importers of all varieties of Indian coffee,” he added.
Read more • thehindu.com
Source: Coffee Talk

domain: news


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Future AMD processors will support the same AVX instruction set as Intel’s next-gen Sandy Bridge CPUs. AMD Senior Architect and Fellow Dave Christie made the announcement on AMD’s Developer Central blog this morning, saying his company has shifted focus away from SSE5 in an ostensible effort to make things easier for software developers.
First, a quick refresher: in August 2007, AMD announced SSE5, an instruction set it said would materialize as part of the Bulldozer architectural refresh two years later. In March 2008, Intel revealed that Sandy Bridge—the next major architectural refresh after Nehalem—would include a new instruction set dubbed Advanced Vector Extensions, or AVX. Intel published the AVX spec (PDF) the following month. Finally, in November 2008, AMD posted a new roadmap showing it had postponed Bulldozer until 2011.
According to Christie, AVX brings “somewhat different” implementations of some of SSE5’s features—particularly “the three- and four-operand capabilities, the Fused Multiply/Add instructions, and some of the permute instructions.” However, Intel’s spec also contains other enhancements: double-width SIMD floating-point operations, non-destructive three-operand support for legacy SSE instructions, and enlarged opcode space for future extensions. Because of the overlap and the extra AVX features, AMD felt compelled to support the Intel extensions.
That doesn’t mean the smaller chipmaker has turned its back on SSE5 altogether, though. Christie says SSE5 “was based on months of discussions with [software vendors] on what sort of capabilities they felt were needed,” so features that weren’t duplicated in the Intel AVX spec will live on in AMD’s new XOP, CVT16, and FMA4 extensions. (The blog post covers those in more detail.)
Christie doesn’t say which AMD processors will support AVX, XOP, and the other new extensions, but it’s probably reasonable to expect them in the first Bulldozer CPUs in 2011. Intel, meanwhile, plans to have AVX-toting Sandy Bridge processors out in 2010. Both Bulldozer and Sandy Bridge will debut on 32nm silicon. (Thanks to The Register for the link.)


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TEHRAN (defapress) – Statistics show that only 10 percent of Iranian products is exported to Afghanistan.
News ID: 77664
Publish Date: 07June 2019 - 12:04
Member of the Board of Directors of Iran-Afghanistan Joint Chamber of Commerce Amir-Houshang Amini made the remarks on Thursday and said, “development of bilateral relationship between Islamic Republic of Iran and Afghanistan should be formulated within the framework of a comprehensive plan.”
Afghan economic activists have repeatedly announced their readiness for joint ventures with Iran but such joint investment should benefit Iranian economic activists in equal condition, he said and urged Plan and Budget Organization to provide a comprehensive plan in this respect.
Identifying target markets is the main aim behind promoting exports, he said, adding, “such identification of target markets should not be restricted only to the trade and economic activists, because, exports promotion strictly hinges on carrying out widespread research studies.”
Foreign trade statistics of the country in the last year (ended March 21, 2019) showed that of total $44.309 billion worth of non-oil commodities exported from the country, about $24.132 billion of which was exported to 15 neighboring countries, that is to say that more than 54 percent of Iranian products were exported to the target markets of neighboring states, he emphasized.


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Village of Lisle – Businesses Thrive in Lisle
From Progress for Poland .com
I had the pleasure to be introduced to The Lovely Tina Skarbek. Tina Skarbek has one of the best shops in the world called Tinas Closet. Tina has been helping ladies everywhere find the perfect bra fit for many years. I visted Tina’s Shop the other day, and learned about how Tina’s Polish Heritage plays a big role in who Tina is today. Matka, TaTa, and Pierogis included. Tina has written two books. Book number one is called A Perfect Success. Book number two is titled Keys To Opening A Successful Business. Both books are inspiring cherished words on fortune. Some awards Tina has are BBB Award, The Guild Of Master Craftsmen Certificate Of Quality & Service, Readers Choice Excellence Glancer Magazine, and More
See the full article here 12/17/15
From the Chicago Tribune
If there was a magic potion that could make a woman look 10 pounds slimmer and her clothes fit better, would she take it? Unfortunately no such bottled solution exists, but finding the right bra to add some lift may do the trick.
Tina Karakourtis, owner of Tina’s Closet, an undergarment specialty shop in downtown Lisle, has been helping women find a great lift both physically and emotionally for more than two decades.
“We have women who come in who can’t stand their bodies and think they have weird body shapes,” Karakourtis said. “I bring the self-esteem back. My customers keep coming back because they say, ‘Tina, this is the best bra I’ve ever had.’”
Elizabeth Vassolo / Triblocal.com staff reporter – 08/14/09
Read the full article at Trib-Local Lisle
From the Chicago Sun-Times
According to The Chicago Sun-Times Tina’s Closet Inc. deals in what local free lance writer David Jakubiak dubs “Magnificent Unmentionables.” Jakubiak goes on to tell more about the services Tina provides for her clients.
“Owner Tina Karakourtis opened her store 18 years ago knowing one rarely spoken fact: Most of the time women’s undies just don’t fit right. Specializing in bra fitting – not to mention sleepwear fitting, swimwear fitting, and jean fitting — this self-proclaimed Fairy Godmother of snug undergarments has brought the perfect fit to women of all shapes, sizes, circumstances and situations. ‘We even have a woman who comes up from Ohio every year just to get her bras,’ she says.”
Jakubiak, D. (2005 Nov. 25). Lisle Chicago Sun Times. Retrieved July 16, 2007
From the Chicago Tribune
Tina discusses her talent in an article that appeared in the Chicago Tribune. The article, ‘The Right Fit for a Rite of Passage,’ was about getting a girl her first bra.
‘The Right Fit for a Rite of Passage,’ was about engineering ‘A Perfect Fit’ for a girl’s first bra: VIEW ARTICLE
More From the Chicago Tribune
From the Daily Herald
In the Daily Herald an article appeared by Amy Boerema about the history and purpose behind Tina’s Closet Inc. In the article Tina explains some of the adversity she faces when first starting out.
‘ “I’ll help you get into the best-fitting bra you can buy,” owner Tina Karakourtis said. “It’s a lost art. You can’t find someone who will fit a bra anywhere.” And to think it wouldn’t have happened if she had listened to her critics. Karakourtis had seen many women wearing wrong-sized bras when she worked in a maternity store. But when she applied for loans to begin a business, her loan officer said women didn’t need help with bra fittings.’
Now a larger and very sucsessful business, Tina’s Closet Inc. provides happy customers like Sally Walker with a larger selection of women’s apparel than just bras.
‘The boutique sells bras, sleepwear, loungewear, formalwear, sportswear and swimwear. It even has a gift wrap counter. Personal bra fittings remain the store’s specialty. Walker, who stops in about twice +a month, has bought her every bra, lingerie piece and swimsuit there since she discovered the store. She’ll zoom over from Oak Brook with co-workers during lunch. She estimates she has recommended the store to more than 1,000 people. “Every bra in my drawer went out the door after I discovered it,” she said. “I was wearing the wrong size; it was falling off my shoulder. I had back pain.” Walker said Karakourtis simply understands women. “Once you’re there, you go back,” she said. “You’re just sucked into everything else there is.”‘
Although her business has grown in size Tina still gives her clients the personal attention her profession requires. All her costumers are sure to benefit from her years of experience and honest desire to help put women in bras that fit them. She provides a services that can improve the quality of woman’s life like she does for Sally Walker.


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Official Statement - Spain’s Supreme Court Upholds Fundamental Arguments of Bacardi in Havana Club Rum Case
- Spanish Supreme Court supports merits of Bacardi appeal
- New legal avenues for Bacardi case planned due to ruling on legal technicality only
- Spanish Court rules Havana Club Holdings (a joint venture between Cuban state and Pernod Ricard) “does not deserve to be considered a good faith third party purchaser of the Spanish Havana Club trademark”
- Spanish Court says Havana Club Holdings Spanish registration of the Havana Club trademark violated Spanish public law
- Bacardi has won every legal case in United States on Havana Club
- Bacardi continues to sell Havana Club rum in United States
Bacardi Limited, the largest privately held spirits company in the world, plans the next legal move to protect its legitimate ownership and trademark rights to the Havana Club brand in Spain. The Company praises the Spanish Supreme Court for recognizing nearly all the legal merits of the appeal on the legitimacy of Bacardi’s rights and registration of the Havana Club rum trademark in Spain, but is disappointed that the court ruled in favor of Havana Club Holdings on the legal technicality of a statute of limitations.
The high court of Spain ruled that the transfer of the trademark registration of Havana Club rum in Spain by Cuba and its partners violated Spanish public law. The court ruled that Havana Club Holdings “does not deserve to be considered a good faith third party purchaser of the Spanish trademark of Havana Club,” and noted that the company Jose Arechabala, S.A. (and Bacardi as its successor) was illegally deprived in Spain of the Spanish trademark registration for Havana Club. The court however did not restore the Spanish trademark registration to Bacardi only on the grounds of a technicality involving the statute of limitations for a claim.
“This decision clearly supports and recognizes the rights of the original owners of HAVANA CLUB, the Arechabalas and Bacardi, as its rightful successor,” said Séamus McBride, President and CEO of Bacardi Limited.
It is critical to note that Spain’s high court ruled that Spanish law does not recognize the validity of the acquisition by Cuba and its partners of the Spanish HAVANA CLUB trademark registration on the basis of the confiscation of HAVANA CLUB ordered by the Cuban State in 1960.
Bacardi has and will continue to defend its position in the wake of ongoing and inaccurate allegations by Havana Club Holdings surrounding the legitimacy of Bacardi’s rights and ownership of HAVANA CLUB rum.
Bacardi, Jose Arechabala, S.A. and members of the Arechabala family sued Havana Club Holdings, Havana Rum and Liquors, S.A., Cubaexport and the Republic of Cuba in 1999 in Mardrid’s Court of 1st Instance No. 54 to invalidate the Cuban entities’ transfer of the Havana Club trademark in Spain from Jose Arechabala, S.A.
As Bacardi and Jose Arechabala, S.A. have asserted for the past 12 years, and Spanish courts have not contested, Bacardi legally owns the rights to the Spanish HAVANA CLUB rum brand, having purchased the trademark from the original legal owners, creators and proprietors of the brand.
The Arechabala family created Havana Club rum in Cuba in 1935 and sold their rum in Spain and other countries. In 1959, the Arechabala’s Havana Club brand and other assets were confiscated by the Cuban government without compensation.
In the early 1990s, Cuba signed an agreement with French based Pernod Ricard to exploit the confiscated brand globally through a joint venture called Havana Club Holdings.
The Provincial Court or Madrid ruled that confiscation is not a valid right to ownership for Spanish brands. Trademarks are territorial and civilized nations around the world do not recognize claims to ownership of trademarks based on foreign confiscation. It is important to note that the Arechabalas never gave up their rights to the brand and were seeking to revitalize it, but lacked the financial backing to do so, because of the illegal confiscation of their company and personal assets by the Cuban government. Bacardi purchased the rights to the HAVANA CLUB trademark from the creators and original owners, the Arechabala family.
Bacardi has won all U.S. court cases relating to the rights to use the HAVANA CLUB brand, up to the U.S. Supreme Court.
Most recently in April 2010, a U.S. federal court also recognized that Bacardi “acquired any remaining rights to Havana Club, as well as the recipe from the Arechabala family. The First Amendment protects Bacardi’s ability to accurately portray where its rum was historically made.” U.S. District Judge Sue Robinson also wrote Pernod Ricard USA showed “no evidence that today's Havana Club rum product (made by Bacardi) differs from the original pre-revolutionary Cuban rum in any significant respect.” In her 22-page ruling, Judge Robinson also found that Bacardi's HAVANA CLUB rum “has a Cuban heritage,” derived from a family recipe first used in Cuba around 1930.
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Mylan N.V. (NASDAQ, TASE: MYL), today announced the U.S. launch of Ethynodiol Diacetate and Ethinyl Estradiol Tablets USP, 1 mg / 0.05 mg. Mylan's product was determined to be bioequivalent and, therefore, therapeutically equivalent to the reference listed drug, Zovia® 1/50E-28 Tablets (Watson). Mylan's subsidiary, Jai Pharma Limited, received final approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for this product, which is indicated for use by women to prevent pregnancy. (1)
Currently, Mylan has more than 240 ANDAs pending FDA approval representing approximately $95.6 billion in annual brand sales, according to IMS Health. Forty-one of these pending ANDAs are potential first-to-file opportunities, representing $32.5 billion in annual brand sales, for the 12 months ending June 30, 2016, according to IMS Health.
(1) Cigarette smoking increases the risk of serious adverse effects on the heart and blood vessels from oral contraceptive use. The risk increases with age and with heavy smoking (15 or more cigarettes per day) and is quite marked in women over 35 years of age. Women who use oral contraceptives are strongly advised not to smoke.
SOURCE Mylan N.V.


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Tessera Technologies Inc. (TSRA)
News from The Business Journals
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Amkor Technology Inc. had higher second-quarter revenue but lower profits driven by a slowdown in the smartphone market, the company announced today.
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The recent decision of the famed video game retailer GameSpot has proclaimed an acquisition of the social gaming site Kongregate with an unrevealed amount.
GameSpot is considered to be a long time player in the digital gaming world with little interface in the digital distribution business.
However with respect to Kongregate that is known to have 10 million players on a monthly basis that employs Flash for games that aids in interaction with other players.
The site major source of revenue is the advertisement and at the same time the site charges for games where virtual items and extra digital content is bestowed making the platform more interesting.
Gamespot has stated that the deal will be sealed by August 1st, and the originators Jim and Emily Greer will continue to steer the organization.
Wedbush Morgan analyst Michael Pachter in retrospect of the deal stated:"The addition of Kongregate is intended to hasten the transformation of GameStop's website from a purely e-commerce site to a gaming platform."
He also believes that the deal has been priced approximately between $12 million and $40 million for the site.


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New owners Sports Direct have decided that they will close the House of Fraser Manchester store after Christmas and inevitably put at least 160 jobs at risk.
Always in unity and never afraid to voice opinions, the Manchester community have made no secret of their feelings about the plans to close.
Councillors William Jeavons and Pat Karney have launched a #SaveKendals campaign to stop the closure of Manchester’s House of Fraser store.
Manchester City Council declared that they will do everything it can do to get this decision reversed. “The next step is to meet with the owners,” said Cllr Pat Karney, secretary of the Manchester Labour Group.
.@WilliamJeavons & @patkarney are down in #Kendals speaking to staff about shocking news they have been given. @ManCityCouncil will be having urgent meeting with owners. #SaveKendals campaign starts now. @MENnewsdesk pic.twitter.com/sKaCcEYF21
— Deansgate Labour (@deansgatelabour) October 19, 2018
“We will not stand by and see workers treated in this way. We will fight for this decision to be reversed. We want to speak to Sports Direct and if the issue is about rent, we will also need to speak to the landlord.”
Good to see such swift action @patkarney @WilliamJeavons @joand7 @CllrMarcus – I will do whatever I can to #SaveKendals https://t.co/pQ8OIWjEgl
— Lucy Powell MP (@LucyMPowell) October 19, 2018
“I’m heartbroken,” says general manager, Anne Latham, who has been championing the iconic store with the Manchester community for over six years. “But hopefully things get changed. The council have started a campaign on Twitter and I know we’ve got the city’s support.”
Current House of Fraser employee, Dean Anderson, said: “I have been an employee for House Of Fraser since September last year in the iconic Kendals building in the city centre of Manchester. I have worked in retail for 9 years, but it’s not a store it’s a family. Help me and my colleagues.”
Sir Richard Leese, Leader of Manchester City Council, said: “The Kendals building is a Manchester institution that has been a much-loved constant since it first opened in 1832, dominating its location on Deansgate as our modern city centre developed around it. The current 1930s building is a treasure of our city’s architecture.
“Generations of Manchester people have a huge fondness for the store and the City Council will do everything it can to get this decision reversed and support those working at the store who will be shocked at today’s news.”
The store is expected to close on the 28th January 2019. Until then, share your thoughts, feelings and memories of the iconic Manchester store below…
Sad times when greedy retail and property giants are responsible for not only the loss of an iconic store in Manchester, but also the livelihoods of the 100s people employed by House of Fraser and their concessions. Whatever happened to the sense of community? #SaveKendals
— Liam McKinnon (@liammckkk) October 19, 2018
Cant believe #Kendals is closing down on Deansgate – now known as @houseoffraser – I grew up with this department store and have been shopping there most of my adult life – one of my favourite stores – so sad to see it go #SaveKendals
— Sue McGranaghan (@suemcgran) October 19, 2018
As a frequent shopper of the store and user of the great 6th floor Kendals Restaurant, this news that Kendals in Manchester in shuttling is a bit of a blow. It is my favourite department store! #SaveKendals
— Ben Selwood (@BenLSellers) October 19, 2018


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Coming off a major U.S. copyright victory against the same rival just a week ago, Apple lost a case today in Japan when a Tokyo court ruled that Samsung‘s mobile devices did not infringe on an Apple patent involved in synching mobile devices and computers. In the U.S. case, a jury ordered Samsung to pay Apple $1.05 billion in damages. Reuters noted that Apple is now seeking bans on the sale of eight Samsung phones in the U.S. market. In Japan, though, Samsung said “We welcome the court’s decision, which confirmed our long-held position that our products do not infringe Apple’s intellectual property.” Bloomberg said that Apple and Samsung have litigated multiple patent disputes on four continents.
Apple Loses Case Vs. Samsung In Japan
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Netease Technologies News, April 12, according to foreign media reports, Credit Suisse, an investment bank that has included Apple, said it expects the current decline in sales of the iPhone to continue throughout 2019. Apple is said to be in a dilemma because of the longer life cycle of smartphones and the weakening of the markets appeal to high-priced mobile phones, which damages revenue.
Credit Suisse gave Apple a neutral rating on its stock, arguing that Apples iPhone business has matured. With sales falling by 3.2% in 2018, Credit Suisse analysts expect Apples sales to fall further by 12.4% in 2019.
Credit Suisse said in a research report to investors that the iPhone business was in trouble and that its sales fell by more than 20% from the peak. The use of the iPhone in the hands of users is longer than ever before. According to the investment bank, the life cycle of the iPhone is now about four years, while most smartphones are expected to be replaced in two years.
Analysts at other institutions, including Bernstein, a Wall Street investment bank, agree that the iPhone will last about four years in the hands of users. According to Bernsteins study sent to investors in February, it is estimated that only 16% of the iPhones users are using will be replaced in some form, compared with about a third in 2015.
Apples sales decline in China is considered one of the main reasons for its lower-than-expected revenue. But so far, Apples declining market performance in China has not improved very well, and can not be solved soon. Although the price of the iPhone has fallen by 6% in the Chinese market, Apples revenue in the first quarter of 2019 is said to have not been boosted, down 27% from a year earlier.
Credit Suisse said, We dont expect sales to improve significantly without major upgrades and changes in the functionality of the iPhone. The investment bank expects Apples 5G version of the iPhone to be launched in 2020.
Credit Suisse believes that Apples push into the service sector may eventually help offset the decline in the iPhone business, but this trend will not materialize soon. We feel the potential of Apples transition to the service sector, but we think it will take some time for this transition to work.
Credit Suisse expects revenue from Apples services business to grow from $40 billion in 2018 to $65 billion by 2021. (Tianmen Mountain)
Source: Responsible Editor of Netease Science and Technology Report: Wang Fengzhi_NT2541


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The Exosuits were originally announced for release back in February, but were delayed due to their similarity to the suits worn by the Power Rangers, according to director Hajime Tabata. We’re not sure how the reworked suits will look but an image of the original designs can be seen above.
There will be four suits included in the update that will make players invincible for 30 minutes each day when activated.
Last month, Square Enix shared a teaser trailer for Final Fantasy XV‘s third piece of DLC, Episode Ignis, which is scheduled to arrive in December.
Final Fantasy XV is available now on Xbox One and PlayStation 4.


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The non-profit Insurance Institute for Highway Safety recently bestowed its coveted Top Safety Pick awards to four new vehicles: 2013 Ford Escape, Acura ILX, Scion FR-S, and the Subaru BRZ.
Read This Article
Subaru puts a price on its first-ever hybrid model.
The 2013 Subaru WRX STI is fast and fun. But is it an everyday driver?
Is Subaru offering incentives on its new BRZ sports coupe to compete with the near identical Scion FR-S?


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Alhambra police officials are investigating an elaborate Craigslist scam that has affected at least two people.
The scam was reported to police on Jan. 5 when the victim, Ted Twardak, said his credit card was used to buy three text books worth $180 each from an online company. He was charged nearly $600.
The victim called the company and explained that he didn’t authorize the purchase and officials told him the merchandise was shipped to an address in Alhambra and gave him the name of the resident who was supposed to receive the books, police said.
Detectives went to the Alhambra address and found the books purchased with the victim’s credit card.
The resident, Erena Munson, told investigators she worked for a company that she found on Craigslist for about almost two years and her job was to receive packages sent to her home, take them out of the boxes, gift wrap them, place another mailing label on them and drop them off at a UPS store.
She told detectives that she gets paid $30 each time she gift wrapped, about five times a week. She said she was not aware that the items were being bought with stolen credit card numbers.
She told KTLA that she has never met the people who hired her.
"I looked at the website, it's very professional," she said.
Alhambra police said the books ordered with Twardak's credit card ended up at a UPS pick up station in the Inland Empire.
“Somebody is walking in and taking these packages and we don’t know who,” Sgt. Jerry Johnson told KTLA.
Investigators said they have leads on people that may be involved in the scheme and believe it has been going on for several months.
Anyone with information about the crime can call (626) 308-4875.


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Dec 6 - 12
Happy Sunday folks! Vedica here with the weekly round-up today. I just got back from a week's worth of hiking in Utah, which was fantastic, and am basically ready to easer into the holidays already. There's been no let up in the news, so there's quite a bit of ground to cover this week.
Amazon and Reliance battle for dominance in retail
As some / most of you probably know Amazon and Reliance (via Future Retail as proxy) are battling it out in the Delhi High Court, as they seek to tighten their grip on the country's e-commerce sector. For those who aren't very familiar with the story, here's a bit of background.
Last year Amazon bought a 49% stake in Future Coupons, an entity owned by India’s second largest retail chain, Future Retail. Reports suggest that the deal gave Amazon the first right to refusal on purchase of more stakes in Future Retail, included a non-compete clause, and the right to buy into the listed flagship FRL after a few years (probably with the aim of going through on the deal if if the government was to change the existing rules on foreign ownership of multi-brand retailers).
Then in August this year Reliance Retail said it has reached an agreement with Future Group to acquire the latter’s retail and wholesaler business, as well as its logistics and warehousing business, for $3.4 billion. The acquisition will give Reliance Retail one-third of the bricks-and-mortar retail stores. The pandemic ravaged Future Retail, which ran into a severe cash crunch as the country went into lockdown. Reliance turned out to be a white knight.
The battle is particularly interesting since it was rumoured a few months ago that Amazon was considering an investment in Reliance retail, but that might have taken a backseat for now. After news of the acquisition Amazon decided to take the matter to the Singapore International Arbitration Tribunal arguing that the RIL-Future deal is a violation of the agreement it has with Future Retail, and won an injunction that temporarily restrained Future Group from going ahead with the asset sale. In response, Future Group said the matter “will have to be tested" under Indian laws, petitioning the Delhi High Court to bar Amazon from meddling in its asset sale.
In the meantime the Competition Commission of India gave the Reliance acquisition the go-ahead. Not fazed Amazon raised the injunction with the market regulator SEBI which is now asking the Bombay Stock Exchange to clarify why it cleared the share capital reorganization of Future Group despite unresolved complaints against the deal, including one by Amazon. [Quick note here that BSE CEO Aashishkumar Chauhan is a former Reliance man].
Quite honestly, what’s most interesting in this saga of both these companies trying to gain monopolistic power is how they are arguing their case. Amazon says that this spat is about India’s willingness to enforce business contracts and what this deal says about India’s ability to attract foreign investment. I have some sympathy for this view since the two parties had consented to settle their disputes through arbitration in accordance with the Singapore International Arbitration Centre’s rules.
Future Retail’s lawyers are leaning heavily into the the atmanirbhar zeitgeist arguing that Amazon is behaving “like the East India Company of the 21st century.” It’s a line of reasoning I have real distaste for, not only because as a historian I know this analogy to be wrong (the East India Company had an army to actually force the market open if you want to go down that route) but also because this appeal to nationalism is both dangerous and hypocritical.
Indian companies are too happy to play the nationalist card while also happily taking foreign investment (Reliance was ground zero for FDI this past year) and selling consumers foreign-made goods. To be clear, I think access to foreign capital and goods is a good thing, and businesses should pushing for more open markets with consistent regulation - and dispute resolution mechanisms - but that’s clearly a pipe dream these days.
Companies enabling WFH are raising capital: With WFH becoming the norm during the pandemic, two interesting start-up trends are emerging. First, Indian SaaS companies are raising capital and building for a global companies from day 1. Two, a host of US-based companies (think Hublio and Airmeet) are expanding to India as there is a very real market need for such products and a propensity to pay.
Cuemath raises a $40M Series C: In more edtech news, Cuemath has raised $40M in a Series C round co-led by Lightstone Fund and Falcon Edge’s Alpha Wave Incubation. The funding comes a year after the company's $5.5M Series B and values the company >$170M. The company provides after-school math classes and has over 5K franchises in the country conducting 25M classes for 100k students. The company also grew its digital platform 4x during the pandemic.
WhatsApp adds Shopping Carts: After the rollout of WhatsApp Pay, the company has now launched now shopping carts. Today's launch of carts just shows how thoughtfully Facebook is thinking about enabling commerce for small businesses in India. Consumer (C) messages Business (B) about purchasing something. B sends C their catalog (in-built in WA). C creates a cart (in-built) and sends it to B. B sends C a payment request through WhatsApp pay, and C pays it. The entire process can now be completed end-to-end on WhatsApp 🤯
HDFC invests in Smallcase: India's largest private sector bank HDFC has invested in Smallcase's recent Series B round, which was led by the DSP Group. Existing investors Sequoia Capital India, Blume Ventures, and Beenext also participated in the round. Smallcase lets retail investors invest in a number of themed portfolios of stocks and exchange-traded funds (EFTs) by allowing users to place orders through their brokers.
PubMatic goes public: PubMatic, an AdTech company, started trading on the NASDAQ today opening at $25.12 after being priced at $20 and ended the day at $29.45. The company was started way back in 2004 and has raised several rounds of funding (total raise of $63M), starting with a $7M Series A in 2008 led by Nexus Venture Partners. The company allows publishers and app developers to sell advertising space to advertisers across different media, including display or video ads on desktop, mobile app, mobile web, or connected TV. The company generated $127M in revenue in the year ending in Sep (up 33% YoY).
Exotel raises 40 Cr from A91 Partners: Communications Platform as a Service Exotel has raised 40 Cr from A91 Partners in a mix of primary and secondary shares as the company is seeing a wave of accelerated growth in digital adoption due to the pandemic. The company has grown to 120 Cr in revenues (FY20) on just 2.5 Cr of total capital raised.
Infra Market raises $20M in a Series B: Infra Market has raised $20M in a Series B round, with the round being led by Evolvence India Fund, Sistema Asia Fund and Foundamental, while existing investors Accel, Tiger Global and Nexus also participated. This brings the Mumbai-based company's total capital raised $50M. Infra Market is a B2B marketplace and helps small businesses (like manufacturers of paints and cements) improve the quality of their production and meet various compliances. The company essentially serves as a service layer for these small manufacturers, enabling them to grow their business.
TPG looks to acquire minority stake in Pharmeasy's parent: API Holdings, the combined entity of Pharmeasy and Medlife, is raising some capital from TPG which would give the PE group 7% of the entity. Reportedly, both TPG and Naspers are also looking to invest $100M in Pharmeasy, valuing it at $1.2B, which could make the company India's newest unicorn. There has been a lot of M&A activity in the online pharmacy space: Reliance acquired a 60% stake in Netmeds for 620 Cr and Amazon is potentially investing $100M in Apollo Pharmacy.
What we've read this week
All models of bank ownership and governance have bugs and features by Manish Sabharwal
Creating buzz with "Kaun Benga Crorepati?" by The Hard Copy


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Yes, my friends, it looks like the death spasms are might be kicking in for Circuit City—it's definitely twitching in any case. Fresh off losing $US239 million and watching its stock plunge below 50 cents a share, a firm that advises on manufacturers on whether or not to ship their wares to retailers has just yanked its recommendation for Circuit City. In other words, they don't think Circuit City can pay for the merch. It may very well be seeing CompUSA in retailer heaven soon (before being re-animated like a zombie). [WaPo via Consumerist]
Circuit City Edges Even Closer to Doom
Trending Stories Right Now
The advent of the personal computer wasn’t just about making these powerful machines available to everyone, it was also about making them accessible and usable, even for those lacking a computer science degree. Larry Tesler, who passed away on Monday, might not be a household name like Steve Jobs or Bill Gates, but his contributions to making computers and mobile devices easier to use are the highlight of a long career influencing modern computing.
The only surprise about the termination of the Holden brand in Australia was that it caused such surprise. This was the final nail in an already empty coffin, given local assembly manufacturing ended more than two years ago.


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The winner of Big Brother Naija 2017, Efe Ejeba, has revealed the most expensive thing he has bought from his N25m prize money.
The Delta state rapper who was handed a hefty cheque of N25m with a brand new SUV Jeep after winning the reality show, disclosed in a recent interview with Soundcity Africa’s One on One with Moet, that he’s a shoe freak and has splashed a lot of cash on shoes since winning the prize money.
He said: “If I tell you now you’ll be surprised, it’s my shoes.. not this one I’m wearing. I have a guy, when he picks shoes and sends to me via WhatsApp, I order and buy them.”
He added saying, “I love shoes a lot. In fact, I have more shoes than clothes,” adding that, “After winning BBN, I ordered for a lot of shoes from a friend via WhatsApp and that should be the most expensive thing I bought since winning 25 million!”
- DJ Baddo – All Of Me Remix ft John Legend [AuDio]
- Fireboy DML – Vibration [AuDio]
- Naira Marley – Koleyewon
- Wizkid – Wizzy Baby [AuDio]
- Seyi Shay & Yemi Alade – Pempe
- Ice Prince – Kolo ft Oxlade [AuDio]
- Kizz Daniel – Madu [AuDio]
- Deejay J Masta – Boogie Down Mixtape
- Naira Marley – Coming ft Busiswa
- Tekno & Mafikizolo – Enjoy (Remix)
- Mani LaPussh – xClusive
- Rema – Woman [AuDio]


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Communicate to Law & Order: Criminal Intent viewers that, beginning Oct. 4, new, original episodes of the series will now be seen on USA Network, not NBC, its home of six years.
USA marketing executives decided the only way to really grab viewers’ attention to the message was to literally show a move.
The campaign also had to fight any perception that the USA episodes are off-network reruns.
“We had to be clear that new, original episodes are on a new network. We had to be as on-the-nose as possible,” said Chris McCumber, senior vice president, marketing and brand strategy.
So the in-house design team crafted ads that actually look like an L&O: CI episode. In one, actor Chris Noth appears to be interrogating a suspect when workers wearing “Speedy Express Movers” burst in and pick up the table in front of him.
Another spot breaks the “fourth wall,” when actor Vincent D’Onofrio asks co-star Kathryn Erbe, “What’s that?” gesturing to the USA logo where the NBC on-screen bug once appeared.
The Criminal Intent spots have been placed in Law & Order franchise reruns on USA and other channels, such as TNT. USA will buy ad time on other networks in 18 key markets beginning Oct. 1, and the spots will continue for the next two months, McCumber said.
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August 21, 2018 MJ Shareholders
August 21st, 2018
Press Releases, Top News
Investors in the cannabis industry have been inundated with major transactions, large expansions, and new product launches over the past year. While Canada’s market is projected to reach C$22.6 billion over the coming years, according to Deloitte, many licensed producers have never operated at the scale needed to serve the country’s recreational market—even the largest companies have only been around for a few years.
Growing, producing, and selling cannabis in a new highly-regulated market is challenging enough before considering the fact that these companies are expanding into new market verticals and geographies, as well as entering the brick-and-mortar retail business.
The Supreme Cannabis Company (TSXV: FIRE) (OTC: SPRWF) (FRA: 53S1) is unique as they have not tried to make headline splashing news—instead they’ve been working quietly behind-the-scenes to ensure their core business is a success and build a proprietary competitive advantage.
Prudently Scaling Up Production
Supreme Cannabis has been scaling up production without compromising its industry-leading quality. On July 11, the company announced that it received approval from Health Canada to commence cultivation on an additional 30,000 sq. ft. of flowering rooms at 7ACRES’ 342,000 sq. ft. facility located in Kincardine, Ontario, which will double its annual production run rate from 5,000 kg. to 10,000 kg. of dried cannabis per year.
“Since receiving its license just over 24 months ago, 7ACRES has demonstrated that it is one of the fastest scaling producers in the industry, having added more than 60,000 square feet of flowering capacity over this brief period,” said John Fowler, CEO of Supreme Cannabis. “With this capacity expansion, 7ACRES is positioned as a top producer and the leading recreational brand for adult consumers seeking a high-quality product.”
Management expects to complete production of the 342,000 sq. ft. 7ACRES facility by the end of this year and hit an annual production run rate of 50,000 kg. per year by the first half of 2019. The revenue growth from these expansion efforts have made it one of the fastest growing licensed producers in the industry, with revenue hitting more than C$2 million during the three month period ended March 31, 2018.
Expanding Distribution Footprint
Supreme Cannabis has been equally focused on building distribution channels for its growing production.
On July 11, the company announced that it entered into a memorandum of understanding with the British Columbia Liquor Distribution Board to supply recreational cannabis to British Columbia’s private cannabis retailers. Under the terms of the deal, 7ACRES will supply 553 kg. of dried cannabis over a 12-month period.
The new agreement marks the company’s third provincial distribution agreement, alongside Manitoba and Alberta. In each of these provinces, the company’s products are categorized as a leading premium brand. Management will provide updates on further provincial partners as over time, but plans to eventually provide its products from coast-to-coast, with the exception of Quebec.
In addition to these agreements, the company recently entered into an agreement with the Ontario Cannabis Store on August 20, 2018— this is a milestone for the company as the province is expected to be the nation’s largest retail market for recreational cannabis. Supreme Cannabis will become one of just 26 licensed producers that have secured the rights to supply cannabis to Ontario.
With the Ontario deal, Supreme Cannabis joins a select group of industry leaders who have secured supply agreements with at least 4 provinces at this time, including: Canopy Growth, Aurora Cannabis, Aphria, Tilray, Organigram, and Maricann. It is worth noting that Supreme Cannabis has secured more provincial supply deals than other notable industry companies Cronos Group and the Green Organic Dutchman.
Supreme Cannabis has been very successful in tangibly growing its production and distribution footprint across Canada rather than simply announcing new plans and letters of intent. By building these strong roots, the company is well positioned to move into other areas, such as new product categories that are expected to become legal next year (e.g. edibles, concentrates, and drinks), when it makes sense to do so.
In addition to the recreational market, the company offers investors exposure to the medical market through its investment in Medigrow—a Lesotho cannabis oil producer. Lesotho has a culture that’s supportive of medical cannabis without the baggage that other jurisdictions have in the narco business. The commonwealth’s language, laws, and stability are all favorable, and several other licensed producers have followed suit in the region.
Finally, the company has been building outs its management team and advisory board to guide it as it executes on its plans. In particular, the company recently added the former President of Starbucks Canada to its board, which already includes veterans from the tobacco and alcohol beverage industries.
Investors may want to take a closer look at the stock given these many catalysts and its growth trajectory moving forward. Management has a proven track record of executing on their simple plan, they’ve shown how to prudently deploy capital, and they have a management team that has successfully navigated the industry. At the same time, their valuation is significantly lower than many peers that have hit ‘unicorn’ status.
For more information, visit the company’s website at www.supreme.ca.
The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
MJShareholders.com is the largest dedicated financial network and leading corporate communications firm serving the legal cannabis industry. Our network aims to connect public marijuana companies with these focused cannabis audiences across the US and Canada that are critical for growth: Short and long term cannabis investors Active funding sources Mainstream media Business leaders Cannabis consumers


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Opko: Contrarian Play On Positive Update
- Opko provided positive update for its Phase 3 hGH-CTP study.
- The update clears doubts about data released in December last year.
- The stock is very attractively priced after losing considerable value over December data issue.
By S. Mitra, MBA (ISB)
Opko Healthcare (NASDAQ:OPK) stock offers a good buying opportunity at its current beaten down price due to a number of reasons. The company recently provided an encouraging update about its hGH-CTP Phase 3 setback that happened in December last year. Opko also initiated a Phase 3 study for hGH-CTP in the pediatric segment. This positive news is expected to get the stock out of its rut. Further, the stock is also expected to benefit from positive revenue growth for the company's newly launched Rayaldee product.
The full post is available to investor members only. Subscribe here.


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Details are emerging on a planned mega-offer set to be marketed by the Carphone Warehouse this Christmas.
The high-street chain is said to be preparing to bundle a Nokia 5310 with a laptop, as well as a pay-monthly mobile broadband contract with 3.
According to news provider Broadband Genie: "As the Nokia 5310 does not have 3G capabilities, unlimited music downloads will be available for a year, but these must be downloaded via a PC and later added to the phone's tracklisting."
No further information relating to price plans, contract length or which laptop model will be included in the package have been released as yet.
Another big-seller is set to be the Nokia 5310's sister-phone, the 5800, which will be the first handset made by the manufacturer to feature a touch-screen.


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US BUSINESS CULTURE: BEWARE SUBTLE DIFFERENCES
Given our shared language and familiarity with American TV, film and music, you’d be forgiven for thinking business trips across the pond would go smoothly enough.
According to the World Bank, the US ranks 7th out of 189 countries for the ease of doing business. So no worries there, right?
“There are whole range of things where you might assume they are like us and not do your research,” says Jeffries Briginshaw, of the British American Business Council. But that would be a big mistake.
Indeed, the Fulbright Commission, which works to foster cultural understanding between the UK and US, warns those travelling between the nations to study that they might even experience culture shock.
Americans are very open people and like to share a lot about themselves,” it says. But it points out that traits of British humour, such as sarcasm, satire and surrealism, aren’t universally appreciated.
“Punctuality, individual responsibility, a high work ethic, and proud patriotism are all valued in the USA far more than the UK,” it says, adding: “Self-deprecation is rare in the US, and laughing at yourself or your country is viewed with suspicion.”
As Briginshaw points out, sharing a language isn’t always a guarantee that we’ll understand each other.
“We say ‘let’s put something on the table’ when we want something to be discussed but in America that means ‘let’s not talk about it’.”
If you plan to do business over dinner, he says, it’s worth knowing that Americans tend to eat earlier. And while it might sound obvious, people shouldn’t forget the sheer size of the US. “You aren’t going to get to a meeting in New York and another in LA the same day.”
The Department for International Trade says there are “vast regional differences” between many states. It lists other challenges including:
- Strong competition, causing saturation of products or services
- High customer service expectations
- High cost of living in major cities
- Significant time difference
- High cost for business insurance
- Expensive and time-consuming process for work visas
- Litigation is common
On the last point, DIT recommends consulting US lawyers to check contracts, carry out due diligence on prospective partners and offer tax advice.
And Briginshaw warns: “The legal system puts you on the spot in terms of liability. If you don’t do your homework, you could end up in court on a billion-dollar ticket.”
So, Land of Opportunity it might be. But it’s also the home of the brave.
* Trading with the USA - Knowledge Hub, June 13, June 19, June 27. The largest economy in the world presents a hugely attractive proposition for business. This practical session will examine the barriers and options available to help you develop your strategy for cracking the USA. Brought to the Festival by HSBC.


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Strong demand for smartphones continued to boost overall cellphone market volumes in January-March, research firms said on Friday.
IDC saw January-March market growth of 20 percent, boosted also by strong gains by smaller vendors as the three largest phone makers -- Nokia, Samsung Electronics and LG Electronics -- lost market share.
Strategy Analytics estimated handset shipments grew 17 percent from a year ago, driven by surging smartphone demand in mature regions and increasingly popular models with multiple SIM cards in emerging markets.
The first quarter of 2011 was marked by supply-chain disruptions related to the Japan earthquake tragedy and by ongoing mild component constraints in areas such as touchscreens, memory and cameras, said Neil Mawston, analyst at Strategy Analytics.
Mawston said component shortages would continue for at least the next 6 to 9 months, causing restricted volumes or rising input prices, but operational challenges from this would remain minor for most manufacturers.
(Reporting by Tarmo Virki; Editing by Muralikumar Anantharaman)


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Tesco Ireland Cavan Store Update
16 January 2023
Tesco Ireland has today confirmed it intends to submit planning for a replacement store in Cavan Town. Subject to planning approval, the scheme will see a modern, sustainable, and accessible new store built in Cavan Town Centre along with new car parking facilities, the provision of Click+Collect services for customers, and include a Grocery Home Shopping Hub to serve the wider catchment of County Cavan.
Commenting, Geoff Byrne, Chief Operating Officer, Tesco Ireland said, “We are delighted to be ready to submit our Cavan Town planning application and subject to permission, this new replacement store will improve the shopping experience for colleagues and customers.
Cavan Town remains a key part of our overall store footprint in Co. Cavan, and we are hopeful that our revised application demonstrates our commitment to Cavan Town Centre.
We’re grateful to the colleagues, customers, and Cavan community for their patience with this long-awaited replacement store.
About Tesco in Cavan:
Tesco employs more than 170 colleagues across two stores in Cavan (Cavan Town and Bailieborough).
In the seven years of our Community Fund, we have donated €85,000 to over 300 local projects around the county, 160 of which are located in Cavan Town. Tesco colleagues and customers in Cavan have also raised almost €75,000 for Tesco’s Charity Partner Children’s Health Foundation, including Temple Street, since 2014.


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Angola 3 Update: Albert Woodfox's Birthday, Book Release and Tour
04 Mar 2019 22:31 GMT
Today marks the third anniversary of Albert Woodfox's release (and his 72nd Birthday), and February 8 marked the eighteenth anniversary of Robert King's release. Albert Woodfox's new book "Solitary," will be released by Grove Atlantic Press on March 5, and Albert will begin a book tour around the country.
read more: http://boston.indymedia.org/feature/display/227620/index.php


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Netflix has just closed a deal with Paramount, MGM & Lionsgate allowing movies to be streaming via Netflix instant.
The company closed the deal with Epix, a new pay TV channel, for the rights to Paramount, MGM, and Lionsgate movies and cost Netflix $1 billion in the process.
This new deal will mean that you will soon be able to watch movies from Paramount, MGM & Lionsgate a few months after it appears on Epix on your Xbox 360, PS3, Wii, or any other device you use to stream Netflix at the moment.
The new service is expected to start on September 1 and gives Netflix users access to a whole new library of films.
It also provides Netflix the ability to compete on even terms with HBO and other services since the movies will only be on a three-month delay after having first aired on Epix.
Via Crunch Gear
Latest Geeky Gadgets Deals
Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.


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Have Melbourne’s roaring twenties begun?
Although challenges remain, market indicators are increasingly reflecting the feeling of revitalisation and revival brewing in the Melbourne CBD.
While the rest of Australia began to re-open in mid-2020, Melbourne underwent an additional four months of lockdown until late October – one of the world’s strictest and longest continuous lockdowns as a result of COVID-19. Despite this setback, Melbourne has made an astounding recovery, with remarkably low community transmission recorded throughout 2021. Does this mark the beginning of a new period of growth and transformation for Melbourne?
The Victorian government has almost entirely removed venue capacity restrictions and social distancing requirements. On April 25th, Melbourne hosted the world’s largest sporting event by attendance since the pandemic has begun. The annual ANZAC Day AFL game attracted over 78,000 spectators, who were not required to wear masks.
Market indicators are increasingly reflecting the feeling of revitalisation and revival in Melbourne. The Westpac-Melbourne Institute of Consumer Sentiment highlighted a strong surge in Victorian consumer confidence recently, with the index growing 11.8% in April. Strong consumer confidence is being reflected in both the residential and retail markets. Melbourne dwelling prices grew 5.8% over the three months to April 2021. Retail trade data also shows spending has returned to pre-pandemic levels. As of February 2021, Victoria’s retail trade had grown 0.8% year-on-year (y-o-y).
The latest foot traffic data also shows that CBD foot traffic has more than tripled since the low point recorded in August 2020. The rebound in foot traffic is led by the ‘Paris-End’ of Collins Street, which includes Melbourne’s premier luxury shopping strip and premium office towers. As of March 2021, foot traffic in this precinct was 12% lower than pre-pandemic numbers, recorded in February 2020. Furthermore, foot traffic in the CBD retail core (Bourke Street Mall and Melbourne Central) has recently gained momentum, growing 53% in March alone.
However, Melbourne is still missing multiple drivers of CBD economic activity. This includes:
- Students - Prior to COVID-19, international students were an important part of Melbourne’s Northern CBD atmosphere, where most student accommodation is located. ABS data shows international arrivals on student visas fell 68% in 2020.
- Tourists - Australia’s international border has been closed since March 2020, with the government only recently allowing visitors from New Zealand. Victoria’s annual overnight tourist expenditure declined by AUD 10.0 billion or 59% in 2020.
- Office workers – Despite the recent removal of workplace occupancy limits, Melbourne office worker occupancy is currently at 35% of pre-COVID levels.
The absence of these groups is particularly weighing on the hospitality industry. Contrary to the general recovery in retail spending, cafes, restaurants and takeaway spending has fallen 32.2% year-on-year, equating to a loss of AUD 3.6 billion.
Prior to COVID-19, Victoria’s population growth was a key economic driver, averaging 2.3% per annum between 2015 and 2019, outpacing many major developed OECD economies. Will pre-pandemic pull factors (livability, education and healthcare) re-start Melbourne’s population growth once borders re-open?
At the time of writing, there has been no community transmission of COVID-19 for over 65 days. Although challenges remain, including the uncertainty surrounding the re-opening of Australia’s international border, indicators are increasingly reflecting growth and a return to normality.
 CoreLogic Home Value Index
 City of Melbourne Pedestrian Counter
 Tourism Research Australia – National Visitor Survey December 2020
 Property Council of Australia


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A week after and a block from the Fells Point Festival -- one of the city's most popular street fairs -- the hardscrabble business district unofficially known as Spanish Town will play host to a fair this weekend.
The 3rd Annual Festival of Nations -- on South Broadway, from Pratt to Bank streets -- is billed as a celebration of Baltimore's diverse cultures. Organizers also hope to highlight the international flavor of the neighborhood. -- From 11 a.m to 8 p.m. Saturday and Sunday, the smell of roasting papusas -- pancake-like Salvadoran treats stuffed with pork and cheese -- will mingle with spicy Korean barbecue, rotisserie chicken, Indian spices and other treats dished out from the fair's 10 booths.
Entertainment, much of it Latino influenced, will be performed on a stage at Pratt and Broadway.
"It will have some spice," said Enrique Ribadeneira, one of the festival's organizers. "You want to see something, come see La Predilelta, a salsa band; or Melao, doing salsa. These are some of the hottest Latin bands in the area."
Jose Flores -- president of the Hispanic Business Association, which is mostly responsible for putting on the festival -- said he hopes it builds a new image for the struggling strip of Broadway.
In the last decade, the neighborhood has becomeone of the most diverse in the city. Even so, said Ribadeneira, it suffers from a lack of exposure.
Though somewhat rundown -- with cracking, uneven sidewalks, sickly trees, and weather-beaten stores -- the street radiates energy. Shoppers, many from Latin America, pop in and out of shops during the day.They buy groceries, plan trips to their homelands, talk about where to find work, or just socialize. Spanish is always in the air: "Amigo, amigo, como estas!"
Many of the business people are first-generation immigrantsfrom Latin America and Asia. They work side-by-side with the folks people here call "the old timers": white store owners, some of whom have had shops on this part of Broadway for decades. They are few in number, but do steady business, some by changing their emphasis to suit an international clientele.
Old meets new
The names of businesses tell a lot about this street. Restaurante El Salvadore, Don Pedro's Musica Latina, Valdemar Travel and Indo-Pak Grocery have opened in recent years. They rub shoulders with the Baltimore Gunsmith Co., which has been open since 1904, and the Self Reliance Federal Credit Union, which serves the Polish community.
"There is a special thing going on in Spanish Town," said Flores. "We just want people to see and feel the beautiful things that are happening there, that's the purpose" of the festival.


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Beauty industry veteran, Jennifer Walsh has been appointed global creative director for a new skin care company called Resvology, based out of Park City, Utah.
Set to launch in early 2013, the line contains a stabilized form of reveratryl acetate, a molecule called 4-AR, discovered accidentally through cancer research at Brigham Young University. It is said to make skin act younger. “This clinically-proven molecule, first isolated by researchers seeking cures for cancer and other age related diseases, works with your genes to keep skin cells acting younger and from getting older,” said Resvology chief executive officer, Kevin Passey, adding that, “4-AR interrupts the signs of aging to help genes build youth on a cellular level and Resvology is the only skin care in the world to have it.”
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)


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A list of the new proposed emoji for 2018 has been released - along with a new feature for existing emoji.
Soon you may be able to flip the message icons to face the other direction, Emojipedia developer Unicode says.
The developer says it's been a long-requested feature, which will only affect the emoji that will "benefit from it the most".
"Emoji with glyphs that face to the right or left may face either direction, according to vendor preference, however, that can cause a definite change in meaning when exchanging text across platforms." Unicode says
New emoji include supervillains, toilet paper, cupcakes, leafy greens, bagels, an overheated face and a face with pleading eyes. See the full list here.
However some proposals have already been canned - including a frowning pile of poo, mango and redheads.
Final decisions will be made at the Unicode Technical Meeting in January for roll out on major platforms in late 2018.


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Whether you have or haven't been enjoying Fallout 76, Bethesda has no plans to stop supporting their recently released online multiplayer set within the famed Wastes. Currently, the Fallout 76 1.02 patch on PS4 downloading for us weighs in at exactly 47.257 GB, while on Xbox One it's coming in at 48.39 GB.
This November 19 patch will see the developers attempt to address the majority of those problems, but it remains to be seen whether or not they will be successful.
When we say that the update is a big one, we mean it!
There is also a reference where "Several issues have been addressed to resolve hitches during gameplay and other performance issues" plus general stability fixes.
Fallout 76 is available now for PC and consoles.
Perhaps most importantly, the bugged Bureau of Tourism quest which previously couldn't be completed has been fixed.
Ambient Occlusion: Placed items no longer leave behind shadow outlines after being picked up.
Graphics: The cover of Tesla Science magazine Issue 9 no longer appears solid red on pickup, or when inspected.
Loot: Ghoul and Scorched Officers now correctly drop nuke code pieces upon being killed by a player. Similarly frustrating was a bug that would return items to a broken state after they had been fixed; that bug has been quashed in this update as well. Additionally, the "push to talk" feature also isn't appearing in Fallout 76 1.02 update, so don't cross your fingers too hard if you're waiting for that.
Problem was, when players went to go and fix it, they simply couldn't... and could also walk through it. Bethesda has now resolved the issue so that the quest can be completed and players can pick up their rewards and earn all that sweet experience.
Languages: Korean fonts will now be displayed correctly in game menus.
Hotkeys: Fixed an issue that could cause the "Take Snapshot" button in Photomode to display an incorrect hotkey.


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It’s predicted that more than 179 million Americans will take part in Halloween festivities this year, up from 171 million last year. Spending is slated to reach a record high dollar amount of $9.1 billion, up from $8.4 billion in 2016.
Halloween has increased in popularity so much that it is beginning to rival holidays such as Valentine’s Day and Mother’s Day in terms of total consumer retail spending. But those two holidays are one day celebrations that don’t entail decorating, expensive fancy costumes for adults and children, theme-parks, haunted activities, Halloween parties, and pets. That puts Autumn/Fall/Halloween on a level just below the Christmas holidays.
Halloween’s depiction as a fun, family-oriented, and community-focused holiday has come a long way. Listed below are 2017 Halloween spending predictions from the National Retail Federation (NRF):
$2.26 billion will be spent on costumes. Children’s costumes will rack up $1.04 billion while adult costumes are expected to reach $1.22 billion (NRF).
$330 million: The expected spend on pet costumes for the 13.8% of those who say they will dress their pet (NRF).
65: Percent who will shop for costumes, spending an average of $66; the average amount spent on candy is expected to be $39 per household.
$27.85: The average a person will spend to buy or make their costumes, down from $28.65 in 2012 (NRF).
$2.08 billion: The total amount expected to be spent on candy (NRF).
$1.96 billion: The total amount expected to be spent on life-size skeletons, fake cob webs, mantle pieces and other festive decorations (NRF).
$360 million: The total amount expected to be spent on greeting cards (NRF).
70: Percentage of consumers who will purchase candy/treats after Halloween is over, as well as the 57 percent who will stock up on Halloween décor. (Hurray for all the budget shoppers!)
Two trends to watch
Allison Zeller of the NRF has identified some shifts in consumer behavior that retailers will want to keep an eye on:
(1) Halloween is no longer just for kids or those with kids
Millennial consumers (ages 18-34) are now the most likely of all adult generations to participate in Halloween. They’re also one of the top spenders on Halloween costumes, spending an average $42.39 compared with $31.03 for all adults.
Nearly three in 10 adults, ages 18-34 (28.4 percent) turn to Pinterest and 23.3 percent turn to YouTube for costume inspiration.
(2)Trick-or-treating isn’t what it used to be
The number of families planning to head out door-to-door for this tradition is up slightly from last year but still not as high as a few years back. 2016 represented the second-lowest reading for trick-or-treating (29.7 percent). This is not due to lack of celebrating, though.
Community events such as parking lot “Trunk-or-Treating” and Halloween festivals are popping up across the country as alternative options. With concerns over food ingredients like sugar, gluten and nuts — and the general fear of taking candy from strangers — it’s not surprising to see parents looking for safer celebrations.
It’s fun to pretend. Halloween gives us the opportunity to be something other than ourselves for a day. If you enjoy the activities associated with Halloween, the money spent to celebrate it comes out of the same entertainment line item of your budget as any other social activity. I participate by giving out treats on Halloween night because I want today’s kids to feel the same excitement and joy I felt on Halloween.


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5 charts: The shifting landscape of digital video consumption
Mobile, we’ve been told by publishers and consumers alike, is the future. But that shift to mobile brings with it another trend: a seismic shift in the way video is consumed. As more people have access to their own personal viewing devices, they’re using them to consume all content — including video — at an increasing rate. This has not escaped the attention of advertisers, who are eager to chase video consumption trends in an effort to reach new audiences.
Here, then, is how video-consumption trends look today.
Online video viewing continues to climb, but TV is far from dead.
A report from Nielsen this week found that Americans aged 18 to 64 have doubled their digital video viewing from 13 minutes a day in the second quarter of 2012 to roughly 27 minutes today. A caveat: Digital viewing is, on the whole, still dwarfed by television, which is still dominating upwards of 4.5 hours of people’s days.
As expected, much of this increase can be attributed to mobile, where mobile pageviews have increased 81 percent compared to the same time last year, according to KPCB analyst Mary Meeker’s 2014 Internet Trends report. What’s more, mobile now accounts for 22 percent of overall digital video consumption.
Mobile video is fueled by the young, but older folks are catching up.
There are also some notable shifts among specific demographics. While people aged 50 to 64 were watching 11 minutes of digital video a day at this point last year, today that number is closer to 19 minutes. At the same time, adults have slightly cut back their time in front of traditional TV to 6 hours and 12 minutes a day.
“The fact that we are seeing these year-over-year increases of digital video viewing among older viewers means they, too, are adapting and adopting to new technology much like their younger counterparts,” said Dounia Turrill, svp of Insights at Nielsen.
Mobile video means shorter video.
Mobile video viewing lends itself to the short and snackable. Over 60 percent of overall ad views are for video less than 20 minutes, according to data from video ad platform FreeWheel.
These trends are affecting even Netflix, which is also learning what its users want while on mobile devices. Netflix design manager Dantley Davis said at a press event last week that nearly 90 percent of the service’s mobile sessions last less then 10 minutes. This stands in spite of the fact that the shortest Netflix content tends to hover around 22 minutes. As a result, the streaming giant plans to slice up its movie and TV content into five-minute clips that mobile viewers would find more digestible.
Larger mobile screens are helping to boost mobile video consumption.
A good rule of thumb is that the bigger the mobile screen, the more video people are watching on it. Data from NPD group, for example, found that Wi-Fi and cellular data consumption on smartphones with screens larger than 4.5 inches was 44 percent greater than that on smaller phones. This sentiment was echoed in a recent poll from Strategy Analytics, which found that 42 percent of phone owners would watch more videos on phones with larger screens.
The result: Digital ad spending is growing, but TV spending is growing more.
The rapid rise in mobile video consumption means that the mobile video ads are rising just as quickly. Video ad revenue is expected to climb from $5.96 billion this year to $12.71 billion in 2016, according to eMarketer. Again, that spending is still far outpaced by the growth in TV spending, which echoes the overall disparity in digital viewership compared to TV.
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Over the past few years whilst Australia has been totally absorbed with supplying China with iron ore and ‘stopping the boats’ from Indonesia, our northern neighbour, along with a few of our other neighbours, have taken away a sizable chunk of our food export markets.
Photo by killerturnip on Flickr.
Just look at agriculture. We proudly boast that Australia will be become ‘The food bowl of Asia’ and that we are about to experience a massive ‘Dining boom’ to replace our mining sector as the major exporter for Australia. Yet the official statistics are concerning:
China’s imports of food over the past few years have seen our share of that huge market actually fall; from 6% to 3% of total imports. Meanwhile, Indonesia has seen its exports of food to China ‘explode’ from just 2% to 13%. It gets worse. Look at our food exports to Malaysia which is traditionally a major buyer of Australian food. Our share of their food imports has dropped from around 17% to just 6% whilst Indonesia has increased its share from 8% to 28%.
Australia’s export of food to Indonesia itself also tells another disturbing story; Down from 16% in 2006 to 8% today.
So what has gone wrong in the middle of what should be our next export boom?
Firstly, we have taken our collective eye of the big emerging ‘ball’ to our north. Whilst we see Indonesia as a place that ‘collects, then ships boat people’, or a place that is home to terrorists or military dictatorships, our neighbour has grown-up and has produced an economy-including agriculture-that needs all the technical and scientific help it can get to expand its food growing capacity to not only feed its own people, but to ‘add value’ and export manufactured food to the Asian and Middle Eastern regions.
We have failed to identify this opportunity, but it’s still not too late if we face the reality that for some food crops, Australia will never be able to compete against our Asian neighbours with their high rainfall, better access to markets, fertile soils and economies-of-scale with large populations and low labour costs. But just because we are berry growers or dairy farmers for example, doesn’t mean we must only operate from Australia. By partnering with Asian growers for example we can invest in the supply chain and bring our extraordinary knowledge and skills to build mutually successful businesses.
Our live cattle export industry is now rebounding strongly, but we once again fall into the trap of wanting to revert to the ‘we sell; they buy’ model. We must co-invest in the entire supply chain so we build a long-term and vibrant food market, with beef as the core ingredient, selling to not only Indonesian consumers but also to third-party markets throughout the region.
WA’s CBH Group, through its Interflour operations in Asia doesn’t just sell several million tonnes of WA wheat to Indonesia every year, but ‘adds value’ through its Asian partnerships to manufacture flour, plus billions of packet-noodles with an enormous benefit back to WA farmers. Smart.
One often wonders what could have happened fifteen years ago if we had then identified Indonesia as the future power-house in motor car manufacturing, and that they would need first-class components to be manufactured nearby using knowhow and technology that Australia has. Could we today have large vehicle component design, technology and marketing businesses here in Australia with the actual assembly being done by our JV companies next door to the car plants in Jakarta? Sadly we will never know.
Meanwhile for our farmers and growers of agriculture products here in Australia we need to get their input costs down. Energy costs are an enormous burden on our primary industries. Labour availability and costs remain a major problem, as does government regulation and red tape which has lead to Australia falling nine places this year (to 23rd place) in trade efficiency in the past four years.
Fortunately local food associations such as Horticulture Australia have identified these challenges and our industry is moving to achieve better economies-of-scale through larger farms and improved on-farm practices plus lobbying government to cut the red tape and the cost burdens to which I have already referred.
Even if we do all these things, and they are needed to be done urgently, we still must think more laterally as to how we produce food and goods for export. Using integrated supply chains through international partnerships, that involve co-investment overseas and in Australia, will be critical. Government organsiations such as Austrade should play a key role in implementing and facilitating these plans. They have many good people and we should use them.
Asylum seekers have been the most important regional issue for many Australians in recent years, but our sole focus on irritants such as ‘stopping the boats’ may be costing us dearly.
Ross B. Taylor AM is the President of the WA-based Indonesia Institute.
This article from the West Australian, Saturday 15th March originally appeared at Our Indonesia Today. The opinions expressed in this article are the author’s own and do not necessarily reflect the views of the Australia-Indonesia Youth Association or its partners.


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Landmark, the Italian chain’s Dubai-based owner, will invest up to £250,000 at over 60 sites to overhaul the menus, design and service.
On-going food development at the company will also be overseen by a new senior management team.
It comes after Carluccio's entered in to a Company Voluntary Agreement (CVA) in May that will see it close up to 30 of its 103 restaurants.
CEO Mark Jones, who joined the business in January, says the chain could now look “positively to the future”.
Carluccio’s accounts for the year to 24 September 2017 show pre-tax earnings almost halved to £6.5m, while group revenues dropped £2.7m to £138.2m.
It incurred £24m one-off costs, while an impairment of £22.3m was made against the book value of the restaurant portfolio to reflect pending closures.
The chain was founded by chef Antonio Carluccio in the 1990’s and was bought by Landmark for £90m in 2010.
Despite its difficulties on the high street the company has continued to expand in to hotel restaurants, and opened its third site in two years with Marriott Hotels in April.
Last week Italian chain Strada also announced plans to rebrand and update its menus after closing a number of its restaurants since late 2017.


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LG has been in hot water over the past few weeks with refrigerators that don’t cool, and people who’ve taken to social media to ask for help. Now, LG is offering $500 million dollars in compensation for customers if their refrigerator ever defrosts or leaks food due to a manufacturing defect.
The “LG Refrigerators Still Plagued With Cooling Problems” is a story about the LG refrigerator recall 2020. The article talks about how this issue has been present for years and how it was finally fixed.
Due to an alleged cooling issue, many are still dissatisfied with the functioning of their LG refrigerators.
According to reports, the refrigerators in issue include a linear compressor that is in charge of chilling the device. Refrigerators are cooled by chilling refrigerant gas, which raises pressure and temperature until the refrigerant gas becomes a liquid. After being turned to a liquid, the refrigerant is transported via coils, where it absorbs heat from the fridge and creates a cold atmosphere.
The LG refrigerator linear compressor is said to be defective, causing the units to fail. This is said to cause food to deteriorate in the refrigerator. Despite LG’s claims that its refrigerators may last up to 20 years, the afflicted refrigerators reportedly fail after a few years of purchase in certain instances.
Customers say that the problem is causing their refrigerators to break down, and LG’s reaction has been inadequate. One customer said in a Consumer Affairs review that the skilled repairman was uncertain if fixes as extreme as rewiring the whole fridge would solve the problem. The customer was allegedly made to pay for a component that did not work with the model, as well as repair labor.
“How long until LG takes proactive measures to fix the issue, and at what cost to us in terms of no cold storage?” one consumer inquired.
Despite the fact that another LG refrigerator cooling issue has been resolved, customer discontent has spurred fresh legal action against the appliance manufacturer.
Several individuals filed a class action lawsuit against LG in April 2019. LG allegedly failed to disclose that its appliances were prone to faults, instead portraying its refrigerators as functional and capable of lasting up to 20 years, according to the customers.
The LG refrigerator class action complaint alleges that, despite refrigerators lasting an average of 13 years, the LG refrigerators have started malfunctioning en masse within 36 months.
When purchasing for appliances, customers are said to depend on LG’s claims. The plaintiffs claim that if they had known about the problems that purportedly cause the appliance’s failure, they would not have bought LG refrigerators or paid the prices they did.
Consumers demand that LG “cure the problem and guarantee the truth of its claims regarding its refrigerators,” according to the class action complaint.
Despite customer anger over LG refrigerators and cooling problems, LG allegedly stands by its goods and claims that any item under warranty will be repaired.
“At LG, we place a premium on client happiness. Every day, millions of Americans use LG home appliances, and we’re pleased that our products are acknowledged by industry experts for their dependability, and that LG has won more JD Power Awards for customer satisfaction than any other appliance company,” an LG spokesman told Digital Trends.
The LG Refrigerator Compressor Defect Class Action Lawsuit is filed in the United States District Court for the Central District of California with the case number 8:19-cv-00610.
Watch This Video-
The “lg refrigerator problems not cooling” is a problem that has been present for a while. LG has released several updates to fix the issue, but it still persists.
Frequently Asked Questions
Does LG still have compressor issues for their refrigerators?
What is the biggest problem with LG refrigerators?
A: The biggest problem with LG refrigerators is that they are designed to operate at low temperatures, so the motors have a difficult time working properly. Another major issue is their ice maker. Although it seems like an easy fix for most people, you cannot repair these machines without installing new parts on them
Do LG refrigerators have a lot of problems?
A: LG refrigerators have a lot of problems. The most common problem that you will find is the ice maker not working, but this can be fixed by cleaning out your water supply or replacing it with distilled water. You might also see condensation dripping from the refrigerator and/or metal parts rusting over time due to poor ventilation in the freezer compartment.
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