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Media Professionals Consume Most Caffeine, Market Research Finds
22nd September 2014 10:32 - Food
A recent survey has found that journalists and media staff sit in the profession that consumes the highest amount of caffeine.
The study suggests that those in more stressful jobs consume more caffeine to get them through the day, with the highest consumers drinking more than four cups during a single day.
According to Pressat’s survey, the top 10 professions for coffee drinking are:
1. Journalists and media staff
2. Police officers
4. Plumbers and trade workers
5. Nurses and medical staff
6. Company executives
8. IT technical support
9. Retail staff
Of the 10,000 professionals surveyed, around five sixths (85%) admitted they drink at least three cups of coffee per working day, with seven in 10 (70%) stating their working ability would be inhibited without their daily dose of caffeine.
Furthermore, according to the survey’s findings, six in 10 (62%) of its respondents were not aware of the health risks, such as strokes, anxiety and heart problems, drinking copious amounts of coffee can cause.
In addition, it was found that men drink marginally more coffee than women.
Peter Rogers, Professor of Biological Psychology and Bristol University and an industry expert on caffeine, told the Daily Mail: “People who consume caffeine regularly will become dependent on it - if you take caffeine away from them, they will function below par.
“They just don't function normally without the drug on board. If it's your first tea or coffee of the day, it gets you back to normal, but beyond that you don't get much more of a kick.”
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carandbike - Cars and Bik India
Carandbike - Find new cars, compare cars & bikes, sell & buy used cars, read car & bike reviews, and authentic automotive news. See upcoming cars and bikes in India in 2016. Check car & bike prices, specs, and mileage. Watch latest test drive videos and see car & bike photo galleries.
Car Sales July 2020: Hyundai Sales Down By 28% - CarandBike
There was a strong growth in sales with the company posting close to 42 per cent growth compared to June 2020 and that bodes well with the growth story of the industry overall.
Hyundai Motor India registered strong sales in July 2020 with the company selling a total of 41,300 units. However, it marked a decline of 28 per cent compared to July 2019. The company had sold 57,310 units in the same month last year. The company's domestic sales were faired far better because the company sold 38,200 units which marked a decline of just 2.07 per cent compared to the same period last year. However, there was a strong growth in sales with the company posting close to 42 per cent growth compared to June 2020 and that bodes well with the growth story of the industry overall. Also Read: 2020 Hyundai Creta Review The company launched the Verna facelift which has also contributed to the sales in July The company also exported 3100 from India in July 2020 and in fact according to the company the domestic sales volume is now 98 per cent to that of July 2019. Tarun Garg, Director (Sales, Marketing & Service), Hyundai Motor India Limited said, With 38 200 units, July'20 domestic sales volume is 98% of July'19 domestic sales volume. This performance was driven by good customer demand for our most admired brands Creta, Venue, Verna and the i20. The Hyundai Creta has been one of the strong sellers for the company in India. Launched just before the country went into lockdown, the new-generation Creta has managed to push sales for the company in India. Hyundai has already sold 20,000 units of the Creta in the country since its launch 4 months ago. The Creta has been the highest selling SUV in the country in the month of May and June 2020. In fact, the Creta diesel has been the most popular choice for most customers. Hyundai states that bookings for the Creta diesel were 60 per cent of the total bookings received. For the latest auto news and reviews, follow carandbike on Twitter, Facebook, and subscribe to our YouTube channel.
New-Generation Honda City Launched In India; Prices Start At Rs. 10.89 Lakh - CarandBike
Honda Car India has finally announced the prices of the much-awaited Honda City. The car gets a starting price of Rs. 10.89 lakh and goes up to Rs. 14.64 lakh (All prices ex-showroom).
Honda Car India has finally launched the highly awaited fifth-generation Honda City in India, priced at ₹ 10.89 lakh to ₹ 14.64 lakh (ex-showroom, Delhi). The new-gen City is the third product from the Japanese carmaker in India after Honda WR-V and BS6 Civic diesel in 2020. The car was expected to go on sale earlier this year, but the launch was delayed due to coronavirus pandemic, followed by the nation-wide lockdown. The new City boasts an extensive list of updates making it not only a feature-rich car but also safer over the predecessor. It competes against the likes of Maruti Suzuki Ciaz, Hyundai Verna, Volkswagen Vento, Toyota Yaris and Skoda Rapid. Also Read: The Return Of The King: All-New Honda City Review
|1.5-Litre Petrol MT||₹ 10.89 Lakh||12.25 Lakh||13.14 Lakh|
|1.5-Llitre Petrol CVT||₹ 12.19 Lakh||13.55 Lakh||14.44 Lakh|
|1.5-Litre Diesel MT||₹ 12.39 Lakh||13.75 Lakh||14.64 Lakh|
|Engine||1.5-litre i-VTEC Petrol||1.5-litre i-DTEC Diesel|
|Power||119 bhp at 6600 rpm||98 bhp at 3600 rpm|
|Torque||145 Nm at 4600 rpm||200 Nm at 1750 rpm|
|Transmission||6MT / CVT||6MT|
MG Hector Plus Launched In India; Prices Start At Rs. 13.48 Lakh - CarandBike
The long-anticipated MG Hector Plus today officially went on sale in India, priced at Rs. 13.48 lakh to Rs. 18.53 lakh (ex-showroom India). It's the extended, three-row version of the 5-seater MG Hector, which was launched in India last year and it will be of…
The long-anticipated MG Hector Plus today officially went on sale in India, priced at ₹ 13.48 lakh to ₹ 18.53 lakh (ex-showroom India). It's the extended, three-row version of the 5-seater MG Hector, which was launched in India last year and it will be offered in 6-seater option only. The new SUV will be a part of the Hector line-up and it will be offered in four variants - Style, Super, Smart, and Sharp. Compared to the regular Hector, the Hectors Plus comes with a host of cosmetic changes along with few updated features as well. These are introductory prices which will be valid until August 13, 2020, post that the prices will go up by up to ₹ 50,000.
|MG Hector Plus||1.5 Turbo Petrol (MT/DCT)||1.5 Turbo Petrol Hybrid (MT)||2.0 Turbo Diesel (MT)|
|Style||₹ 13.48 lakh||-||₹ 14.43 lakh|
|Super||-||-||₹ 15.64 lakh|
|Smart||₹ 16.64 lakh||-||₹ 17.14 lakh|
|Sharp||₹ 18.20 lakh||₹ 17.28 lakh||₹ 18.53 lakh|
|Engine||1.5-Litre Petrol||1.5-litre Petrol Hybrid||2.0-Litre Diesel|
|Power||141 bhp||141 bhp||168 bhp|
|Torque||250 Nm||250 Nm||350 Nm|
2 Bajaj Employees Die Of COVID-19, Over 140 Infected At Aurangabad Plant - CarandBike
Two employees at Bajaj Auto's manufacturing facility in Aurangabad have died of Covid-19, and 140 more are confirmed to have tested positive for the infection.
Bajaj Auto Limited has confirmed that two of the motorcycle manufacturer's employees who had tested positive for COVID-19 at its Aurangabad plant have succumbed to the infection. Additionally, Bajaj has confirmed that as many as 140 employees have tested positive at the Waluj plant in Aurangabad. The two employees who died, had underlying conditions of hypertension and diabetes, according to a latest statement from Bajaj Auto. The company however denied earlier reports that its manufacturing facility at Waluj has been shut down. Also Read:Bajaj Auto Resumes Operations At Chakan Plant "We have more than 8100 employees and contractors employed in our Waluj plant. Our current incidence of 140 cases of COVID is less than 2 per cent of our strength. Two of our infected employees with underlying conditions of hypertension and diabetes have unfortunately succumbed to the infection," a statement attributed to Ravi Kyran Ramaswamy, Chief Human Resources Office, Bajaj Auto Limited said. The company however denied reports that the manufacturing facility in Aurangabad has been shut down after many employees tested positive for COVID-19. After a month-long shutdown, Bajaj Auto had reopened its plant in Aurangabad in Maharashtra on April 22. But contrary to certain media reports about the closure of the plant again due to a fresh outbreak of Covid-19 cases among factory workers, Bajaj Auto said that the manufacturing facility at Waluj is functioning normally. Also Read: Bajaj Auto To Reopen Aurangabad And Rudrapur Plants Bajaj Auto also re-started operations at its Chakan manufacturing facility and its other unit in Rudrapur, Uttarakhand "It has come to our attention that there are reports circulating that Bajaj Auto's manufacturing facility at Waluj in Maharashtra has shut down due to incidence of COVID-19 amongst some employees there. At the outset we want to clarify that our manufacturing facility at Waluj is functioning normally," Bajaj Auto said in the statement. "Post the country wide lockdown, our Waluj facility has been ramping operations from April 24, 2020 onwards. As part of the ramp-up, detailed cleanliness and health check protocols have been drafted and implemented in consonance and compliance with all government regulations and guidelines. These protocols have been reviewed and approved by appropriate authorities and adherence is strictly monitored by our in-house health and security staff," the statement added. Also Read:Three Hyundai India Workers Test Positive For Covid-19 Bajaj Auto had restarted operations at its manufacturing facilities and dealerships across India have also re-opened Also Read:Maruti Employee At Manesar Plant Tests Positive For Covid-19 Bajaj Auto didn't however specify how the company intends to contain the outbreak amongst its employees, considering the high number of COVID positive cases among its factory workers. All that Bajaj Auto has said is that all precautions are being taken, as well as necessary measures for testing, contact tracing, self-isolation and sanitisation of the plant premises. "From April 24th till June 6th 2020, we had no Covid 19 incidence at our Waluj plant. However, as is well known, post the easing of lockdown progressively from June 1st, there has been a general increase across the country in the rise of infection including amongst industries, armed forces, police, media and government institutions. Likewise, we too had our first reported case on June 6th. We have immediately taken all necessary measures for testing, contact tracing, self-isolation and complete sanitisation as per protocol. All incidences were reported to the appropriate authorities. "We continue to provide all support including medical assistance to affected employees. We at Bajaj Auto, like the country at large, are now learning to live with the virus. We will continue our normal business operations, while taking all necessary safety measures, as the alternative is to shut down our operations with 'no work no pay' which will have a drastic impact on our employees and supply chain," the statement added. Also Read:Operations At Toyota Plant Resumes In Bengaluru Bajaj Auto isn't the only automotive brand to face challenges with employees having infected with COVID-19. Passenger car manufacturers like Maruti Suzuki, Hyundai and Toyota have all reported some employees at their individual manufacturing facilities as having been infected with Covid-19 in recent weeks. But with 140 cases confirmed at just on manufacturing plant, Bajaj Auto seems to be the worse affected of automakers as the manufacturing sector begins operations. India now has one of the highest number of cases, with only three countries with a higher number of cases, the United States, Brazil and Russia. As of June 26, 2020, India's confirmed infections were more than 5 lakh, and in the past 24 hours Maharashtra, where the Aurangabad plant is located, reported 5,000 new cases. For the latest auto news and reviews, follow carandbike on Twitter, Facebook, and subscribe to our YouTube channel.
New-Gen Honda City Production Begins In India; Launch In July - CarandBike
Honda Cars India has commenced series production of the soon-to-be-launched new-gen Honda City at its Greater Noida plant, in Uttar-Pradesh. While the car was supposed to be launched in April 2020, the coronavirus pandemic and the resultant lockdown forced th…
Honda Cars India has commenced series production of the soon-to-be-launched new-gen Honda City at its Greater Noida plant, in Uttar-Pradesh. While the car was supposed to be launched in April 2020, the coronavirus pandemic and the resultant lockdown forced the company to suspend operations and postpone the launch. The Honda plant has resumed manufacturing operations from mid-June in-line with government regulations, while the car itself is currently slated to be launched in India, in July 2020. Commenting on the start of production, Rajesh Goel, Sr. Vice President & Director, Honda Cars India said, "We are delighted to begin the production of the all-new 5th generation Honda City which will be launched next month. The aspirational sedan comes with a rich legacy of over 22 years across four generations and has been synonymous with Honda brand in India. The excitement and anticipation around the 5th generation City in the pre-launch phase has been extremely encouraging despite the currently prevailing market challenges. The all-new City is an engineering marvel on all aspects of design, technology and features and will strongly appeal to our modern age customers." Also Read: New-Generation Honda City: 5 Things To Know The 2020 Honda City gets both petrol and diesel engine options - 1.5-litre i-VTEC and a 1.5-litre i-DTEC unit Globally, the Honda City is in its seventh generation. However, it was the third-gen model that first came to India in 1998, and that incidentally makes the upcoming model the fifth-generation Honda City for the Indian market. The company recently also released the engine specification and other details about the car, and as we had mentioned in our earlier reports, it gets both petrol and diesel engine options. The former comes with a 1.5-litre i-VTEC DOHC engine tuned to make 119 bhp and 145 Nm, while the oil burner, a 1.5-litre i-DTEC unit, offers 99 bhp and 200 Nm of peak torque. Both comply with the new BS6 emission norms. Also Read: New-Gen Honda City Specifications Officially Revealed Ahead Of Launch Visually, the new Honda City borrows its cues from the existing Civic sedan, especially the front section. The car also comes with a few premium equipment like full-LED headlamps, Z- Shaped wrap-around LED Tail lamp and sporty dual-tone alloy wheels. In terms of cabin features, the car comes with an 8-inch touchscreen infotainment system with Apple CarPlay and Android Auto compatibility. In fact, it's India's first connected car with Alexa remote capability and is equipped with next-gen Honda Connect with Telematics Control Unit. The car also gets new dual-tone beige & black interior treatment. Also Read: New Honda City vs Rivals: Specifications Comparison The India-spec 2020 Honda City's cabin will get a dual-tone beige & black treatment Also Read: Current Generation Honda City To Continue With Only The Petrol Engine The new city also comes with a 7-inch digital display for the instrument cluster, ambient lighting, one-touch start/stop, keyless entry, remote engine start, electric sunroof, all auto power windows, rear sunshade, steering mounted paddle-shifters, auto headlamps and follow-me-home lights. Safety features include - six airbags, Vehicle Stability Assist, LaneWatch camera (similar to the Civic), Agile Handling Assist, Hill Start, Tyre Pressure Monitoring System (TPMS), ISOFIX compatible rear seats, ABS with EBD, Brake Assist, multi-angle rear camera, and more. For the latest auto news and reviews, follow carandbike on Twitter, Facebook, and subscribe to our YouTube channel.
India's May Crude Oil Imports Post Biggest Decline Since At Least 2005 - CarandBike
India's crude oil imports in May fell 22.6% from a year earlier, it's biggest drop since at least 2005, as fuel demand and refinery production was hurt by a country-wide lockdown to curb the spread of coronavirus. Crude oil imports fell to 14.61 million tonne…
India's crude oil imports in May fell 22.6% from a year earlier, it's biggest drop since at least 2005, as fuel demand and refinery production was hurt by a country-wide lockdown to curb the spread of coronavirus. Crude oil imports fell to 14.61 million tonnes, it's lowest since 2015, Petroleum Planning and Analysis Cell data showed on Friday. Oil products imports eased 0.8% to 3.57 million tonnes year-on-year, while exports rose by 5.9% to 5.75 million tonnes, gaining for a ninth straight month in May as slowing demand at home prompted companies to ship more oil overseas. Also Read: Petrol, Diesel Prices Hiked For 14th Straight Day In India India's fuel demand jumping nearly 50% in May from the previous month The country has relaxed coronavirus-led restrictions in lower risk areas, which is expected to improve demand and scale up crude processing. The latest data bolstered those expectations with India's fuel demand jumping nearly 50% in May from the previous month, signalling a slow revival of economic activity. However, industry analysts expect a full-scale recovery to pre-COVID-19 consumption levels in India to be months away as the monsoon season approaches while manufacturing activities remain low and transportation demand takes a hit in some parts of the country. Also Read: Fuel Sales Recover In The First Half Of June In India Oil products imports eased 0.8% to 3.57 million tonnes year-on-year Diesel exports, which continued to account for a major share of exports, increased by nearly 33% to 2.79 million tonnes. India revised down its crude oil imports figure for April to 16.55 million tonnes- a decline of 16% year-on-year, from 17.28 million tonnes reported earlier, the data showed. For the latest auto news and reviews, follow carandbike on Twitter, Facebook, and subscribe to our YouTube channel.
Tata Motors Purchases 50% Share Of Jayem Automotives In JTSV Joint Venture - CarandBike
JTSV will become a wholly owned subsidiary of Tata Motors, following the completion of the procedural requirements.
Tata Motors today announced that it has signed an agreement to purchase the 50 per cent shareholding of Jayem Automotives in JT Special Vehicles Pvt. Ltd. (JTSV). Further to this announcement, JTSV will become a wholly owned subsidiary of Tata Motors, following the completion of the procedural requirements. This does mean that cars under the JTP brand will no longer be sold in India. Also Read: Updated Tata Tiago JTP, Tata Tigor JTP Launched In India The JTP Editions of the Tiago and the Tigor, get revised suspension and wider tyres JTSV was formed in 2017 as a 50:50 joint venture between Tata Motors Ltd. and Jayem Automotives to develop high performance versions of the company's passenger cars under the 'JTP' brand. The company then launched the Tiago JTP and the Tigor JTP in 2018. Both the Tiago and Tigor JTP get cosmetic updates to make it look a bit more sporty and yes the performance too had been uprated in both cars. We told you in our review that the Tiago JTP, that it is a hot hatch to buy in the country and yes, the most affordable one at that. However, the passenger car industry witnessed a challenging FY19-20, exacerbated with mandatory change in regulations and the current COVID-19 pandemic, which has impacted the demand in this niche category of vehicles. The Tiago JTP is one of the most affordable hot hatches in India Also Read: Tata Tiago JTP Review In light of this ongoing scenario, both Tata Motors and Jayem Automotives found it prudent to discontinue this venture. Tata Motors will continue to provide all requisite support and service to customers and users of Tiago JTP and Tigor JTP cars at its select dealerships, to ensure that the customers can avail of all the benefits. For the latest auto news and reviews, follow carandbike on Twitter, Facebook, and subscribe to our YouTube channel.
Mahindra GenZe Electric Two-Wheeler Business To Be Shut Down - CarandBike
The US-based wholly owned subsidiary involved in manufacturing electric bikes and scooters will be shut down in six months.
The Mahindra Group owned electric two-wheeler brand GenZe will be shut down within the next six months. The GenZe brand is a California-based manufacturer of electric bicycles and scooters, and has been selling e-bikes and scooters exclusively in the US market. Announcing the financial results for the fourth quarter of the financial year 2019-20, Mahindra and Mahindra Managing Director, Dr. Pawan Goenka announced that the US-based wholly owned subsidiary will be shut down. Mahindra is in the process of liquidating stocks of GenZe and the business will be shut down completely in six months' time. Also Read:Mahindra GenZe Electric Scooter Review The Mahindra GenZe electric scooter is manufactured in the US under Mahindra's wholly-owned susidiary According to Goenka, the intellectual property from GenZe will be used for Mahindra Electric or some other brand within the Mahindra Group. Among the products of GenZe are electric bicycles offered on a public bike sharing system in the US, and the electric scooters including the GenZe 2.0 electric scooter, are used for delivery services, and also available through public scooter sharing systems in California. The GenZe was spotted testing in India as well, more than two years ago, and at one point Mahindra was even considering the possibility of introducing the electric scooter in India. Now, it seems the GenZe will be dissolved completely and any technology and intellectual property could possibly make its way to other electric products, under the Mahindra Electric brand. Also Read:Mahindra GenZe Electric Scooter Spotted On Test In India On Friday, June 12, 2020, Mahindra and Mahindra announced the company's quarterly results. The company announced net loss of ₹ 3,255 crore in the January to March, 2020 quarter, compared to a profit of ₹ 969 crore in the same period a year ago. Revenue of the company declined 35 per cent to ₹ 9,005 crore during the quarter under review, compared to ₹ 13,808 crore during the same quarter a year ago. Sales were affected due to lower industry volumes in both automotive and tractor segments, transition to BS6 emission regulations and the countrywide lockdown due to the COVID-19 pandemic in March, the company said. Mahindra reported a one-time impairment of ₹ 3,577.64 crore. The impairment was recognised based on the performance of certain subsidiaries, associates, joint ventures and due to the Covid-19 pandemic, the company said. Almost 80 per cent of this impairment is due to the write-downs of investments in Ssangyong, as well as some other international subsidiaries, which hurt the company's bottom line. For the latest auto news and reviews, follow carandbike on Twitter, Facebook, and subscribe to our YouTube channel.
Actor Amitabh Bachchan Likely To Lend His Voice For Google Maps - CarandBike
One of the most recognisable voices in the world, superstar Amitabh Bachchan's baritone has been the voice of many ads, social campaigns and voice overs for decades now, and it could soon help you navigate to your preferred destination. According to a recent …
Amitabh Bachchan's baritone has been the voice of many ads, social campaigns and voice overs for decades now, and it is likely that this voice will soon help you navigate to your preferred destination. According to a recent report, tech giant Google has approached the iconic Indian actor to lend his voice for Google Maps in India. The report further states that the two are currently in talks for the same and the actor is yet to sign on the dotted line. Also Read: Google Maps Adds Plug Type Filter For EV Charging Stations Google Maps is one of the most popular and preferred navigation applications used on smartphones and has been a boon making travel easy and safe. Mr. Bachchan's voice then will be used for announcing instructions during turn-by-turn navigation. Given his proficiency, it is likely that the actor will record the navigation instructions in multiple languages for the app, should the deal go through. Google Maps is now an integral part of in-car navigation The report further states that if the actor were to accept the offer, he will record the navigation instructions from the safety of his home due to the Coronavirus pandemic and send it to Google. It's not clear as to when will the tech giant roll out the new voice for Google Maps. It also needs to be seen if Google Maps will offer the option to switch between the current voice and that of Mr. Bachchan's in the future. Currently, India listens to the voice of Australia born, New York-based entertainer Karen Jacobsen when using the navigation app by Google. As touchscreen infotainment systems and smartphones become more and more popular, the use of in-car navigation has increased by ten-folds. The use of Mr. Bachchan's voice will also help Google reach out to new users that will prefer a familiar voice guiding them. Amitabh Bachchan is yet to sign the deal with google If the deal does go through, it will be for the first time that a celebrity voice will feature on Google Maps. The Alphabet Inc. company does offer celebrity voices for Google Assistant but does not offer any such alternative for maps, barring the different dialect-based change. Interestingly, the Google-owned Waze navigation app does offer several celebrity voices right from Morgan Freeman and Liam Neeson to even characters like the Lightning McQueen and the cookie monster. Source: Mid-Day For the latest auto news and reviews, follow carandbike on Twitter, Facebook, and subscribe to our YouTube channel.
MS Dhoni's Latest Mean Machine Is A Mahindra Swaraj Tractor - CarandBike
Indian cricket legend has chosen the Mahindra Tractor to do activities at his farm in his hometown Ranchi, Jharkhand.
Former India Cricket Captain Mahendra Singh Dhoni is the proud owner of many a mean machines and this includes everything from big muscle SUVs to heavy duty superbikes. However, his latest acquisition is a something totally different. The lockdown effected by the Coronavirus pandemic has meant that the sporting legend is spending a lot of time in his hometown Ranchi in Jharkhand. During this phase he has been devoting time to activities at his farm and for that he has chosen to buy a tractor from Mahindra Swaraj. As India moves to Bharat,so does @msdhoni.Thanks for choosing @TractorsSwaraj for your farm in [email protected]@[email protected]://t.co/AspQJ9G4cN Rajesh Jejurikar (@rajesh664) June 3, 2020 Dhoni has been trying his hands at organic farming over the last few months during the lockdown. A video of Dhoni driving around in his Swaraj 963 FE tractor has been shared on Twitter by his IPL team, the Chennai Super Kings. Rajesh Jejurikar, Executive Director- Auto and Farm Sectors,Mahindra & Mahindra limited thanked Dhoni for choosing to buy a Mahindra Swaraj tractor. He said,"As India moves to Bharat, so does M S Dhoni. Thanks for choosing a Swaraj tractor for your farm in Ranchi." Also read: MS Dhoni Spotted Driving His New Jeep Grand Cherokee Trackhawk For The First Time In 2019 Dhoni had bought a Jeep Grand Cherokee Trackhawk Supercharged SUV The 38-year old who is on a sabbatical from the sport ever since the 2019 Cricket world cup owns an enviable collection of high end cars and bikes. Apart from the Hummer H2 and the GMC Sierra, he also owns a Ferrari 599 GTO sports car. Just last year he had also become a proud owner of a brand new Jeep Grand Cherokee Trackhawk Supercharged SUV. Some of the motorcycles that he owns include a Suzuki Hayabusa, Ninja H2, Confederate Hellcat and Norton Vintage. For the latest auto news and reviews, follow carandbike on Twitter, Facebook, and subscribe to our YouTube channel.

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Connect with gaming and metaverse leaders online at GamesBeat Summit: Into the Metaverse 3 this February 1-2. Register here.
We’re going to spend a great big pile of cash on games in 2015.
The global gaming market will reach $91.5 billion this year, according to an upcoming report from research firm Newzoo. That will represent a 9.4 percent increase compared to 2014’s $83.6 billion. Revenues will increase on PCs, consoles, and tablets, and smartphones will lead the way with 21 percent growth year over year. Spending on PCs and Mac — which includes traditional retail downloads from the Steam digital distribution store as well as free-to-play behemoths like the competitive strategy game League of Legends — will still outpace all other categories. Newzoo explains that while markets such as social and handheld gaming are shrinking, that cash is mostly shifting to other kinds of games.
The report also claims that China, already one of the biggest markets for gaming, is about to grow even larger. Newzoo is estimating that Chinese revenues will grow by around 23 percent this year. That could move it into first place, ahead of the United States, as the top country in terms of game-related spending. That’s a year ahead of previous predictions, which claimed China would overtake the U.S. as the world gaming superpower in 2016. If Newzoo’s predictions hold out, China would bring in around $22.2 billion compared to the $22 billion for the United States.
GamesBeat Summit: Into the Metaverse 3
Join the GamesBeat community online, February 1-2, to examine the findings and emerging trends within the metaverse.
Countries in the Asia Pacific region will also see some serious growth. This will continue to come, just like it does in China, from mobile and PC gaming. Consoles will still make most of their money from North America, Europe, and Japan.
Finally, Newzoo was willing to share some predictions about the slightly more distant future. The firm claims that global gaming revenues will reach $107 billion by 2017. This will come at a time when smartphones have likely matured and new virtual-reality and smartwatch platforms have either proven their viability or not. If either takes off in a major way, they could lead to an exponential increase in revenues, but Newzoo isn’t betting on that at this point.
Newzoo will release all of this information and more in its upcoming 2015 Global Games Market report, which will go live June 8.
GamesBeat's creed when covering the game industry is "where passion meets business." What does this mean? We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. Discover our Briefings.


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Mary: I’m Mary Walden, with economist MW, welcoming you to the economic perspective. Today’s program looks at spending on goods and services during the pandemic. Mike, economists distinguish between two types of spending: those on manufactured products – called “goods” – and those on services, like health care, finances, and personal services. Did the two types perform differently during the pandemic?
Mike: Summary Answer
- They did
- Both took a hit during the shutdowns
- But since then, spending on goods has totally recovered – in fact, is higher than pre-pandemics, but spending on services is still down 6%
- Reasons: spending on services often involve personal contact, and people are still cautious of personal contact
- Also, federal income help – stimulus checks and extra unemployment compensation – have provided resources to help people resume spending on goods – pent-up demand – like vehicles
- Bottom line – manufacturing has been doing better than services – unusual
- I’m MW
Mary: And I’m Mary Walden for the Economic Perspective, an NC State Extension program from the Department of Agricultural and Resource Economics.


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Navigation news stories
Accenture provides the key to navigating the metaverse
From web3 to digital twins and conversational AI, many new ways of reimagining the future of technology are already underway, and various sectors are jumping on board to utilise them.
BlackBerry at CES 2022 - announcements, updates, and video demos
BlackBerry has made several announcements, and released updates and video demos at the CES 2022 tech event.
MAPS.ME launches a new reviewing platform
MAPS.ME is a service that features offline maps and navigation for mobile devices...
TomTom launches two new TomTom GO devices
TomTom has launched the TomTom GO510 and GO6100 with Lifetime World Maps, Lifetime Traffic, and Lifetime Speed Cameras.
How to buy a GPS
In this issue of NetGuide, We investigate what you need to know when buying a GPS. With so many different options available, it is hard to know where to even begin! Prices, screen sizes, brands and everything in between


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Have you ever wondered how close (and mutually influential) the social network friendships are? If you're an online marketer, you more than likely have; especially when Facebook opened up for ads a few months ago.
Even the Old Testament could use a little help from new media. Starting this week, Pope Benedict XVI is on Facebook.
Facebook users will not be able to friend the pope or throw sheep at him, but they will be able to sign up for personalized daily messages at www.pope2you.net.
The new website provides access to the Pope's dedicated YouTube channel, an application that sends messages from Pope Benedict via Facebook, and Vatican news sent straight to the iPhone.
When you delete a photo that you had uploaded to a social network, what happens?
You might expect that it's deleted. After all, why would Facebook, for instance, want to store that old photo of you and Aunt Hilda any longer than it has to? Even you don't want that photo.
Facebook may have 75.5 million monthly visitors, but the world's most popular social network is not getting by on advertising alone. This month, estimates for total revenue from applications will be roughly equal to Facebook's profit through advertising. And it seems like Facebook is looking for cash in on that lucrative market.
According to AdAge:
Facebook is testing a payments system with some
of its developers that would enable one-click buying of virtual goods
and services on the Facebook platform, with Facebook taking either a
percentage of the transaction or a flat fee. In addition, Facebook is
testing a service to allow users or advertisers to buy and trade
"credits" or a virtual currency to facilitate commerce. Spokesman
Brandon McCormick said three tests of the system will commence in the
Speaking at a conference today, Twitter co-founder Biz Stone told the audience not to expect to see ads anytime soon on the popular microblogging platform.
"There are a few reasons why we're not pursuing advertising--one is,
it's just not quite as interesting to us." Stone said.
We've looked at how charities are using Twitter before; The Dog's Trust is one good example of how causes can be promoted on the site. Another is LearnAsOne, which will be aiming to Tweet from a community in Zambia.
LearnAsOne is a charity that has launched a project
to build a community school in Zambia, and will be using Twitter, and its blog to
promote the scheme and encourage donations, as well as showing people
how their money is being spent.
The charity was set up by Steve Heyes; he is out in Zambia now and will be documenting the project for the next two weeks. I've been asking Steve about his use of social media.
When you read a news story about social media or come across a job posting for a 'social media expert', chances are the tools of social media will be front and center.
Twitter, Facebook, MySpace. If you had no exposure to social media, you'd probably assume that these popular services were the end all and be all of social media.
With the rise of 'open platforms' on the web, particularly on popular
consumer-oriented services like Facebook and Twitter, it's never been
easier for individuals and small upstarts to get their applications in
front of millions of consumers quickly and efficiently.
The appeal of open platforms is easy to understand: instead of having
to deal with the dreaded chicken and egg challenge most new consumer
internet upstarts have to contend with, you can leverage the existing
userbases of popular services.
Facebook, Twitter, YouTube. These are but a few of the services many of us have come to enjoy.
Yet there's one thing that seems anything but enjoyable about them: dealing with their customer service.
What is a 'social media expert'? What qualifications does one reasonably need before being paid to assist businesses with social media campaigns?
Despite the fact that there are plenty of self-proclaimed 'social media experts' out there, these are two questions for which we don't have good answers.


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Market Now: Shares of Kohinoor Foods, Vadilal plunge beyond 5%
The domestic equity market turned sideways after a tepid start on Wednesday morning.
Market slumps: Vadilal, Bombay Dyeing, Cimmco hit 52-week high
Shares of Alkyl Amines, Cimmco Ltd, Eros Media, Welspun Ent., Vadilal Ind, Electrostl Cast and Bombay Dyeing hit their fresh 52-week high on NSE.
Impulse products are the key growth drivers for us : Rajesh Gandhi, Vadilal Industries
Rajesh Gandhi, CMD, Vadilal Industries says that Vadilal Industries are seriously focussing on a branding business.
It’s a good season for ice-cream industry despite expectations of early monsoon: Rajesh Gandhi, CMD, Vadilal Industries
Rajesh Gandhi, CMD, Vadilal Industries, revealed that the demand for ice-cream has jumped since February.
Vadilal business faces meltdown as Gandhis battle for control in CLB
The genesis of the dispute between the children and nephew of the late Ramchandra Gandhi lies in the MoU signed in 1999 among family members.
A year of highs & lows for Rajesh Gandhi, MD, Vadilal Group of Companies
There has been the high of his daughter's wedding in October and the low of being embroiled in a spat with his brother in the Company Law Board.
Vadilal to introduce new products, expand network; profit jumps
Vadilal Industries said it will introduce more products and expand its marketing and distribution network, even as the ice-cream maker posted a more than 10-fold jump in quarterly profit.
Can Vadilal make India drool with its non-ice cream products?
For Vadilal the quest for higher-margins began four years ago when it introduced niche products like Juicies, Choco Shot, Dollies and Ice Trooper.
Vadilal Industries Ltd Q1 net profit up 58.74%
Ice cream maker Vadilal Industries Ltd has reported a 58.7 per cent jump in net profit at Rs 21.36 crore for Q1 of the fiscal ended June 30, 2015.
Abhishek Singhvi's son weds Vadilal Group's Aastha Gandhi in a star-studded ceremony
From President Pranab Mukherjee and PM Modi to Sunil Mittal, the wedding ceremonies saw a host of high-profile guests.
GenNext from Vadilal forays into gelato
GenNext from the family, Aastha Gandhi, launched melt in, a gelato outlet in the city that houses the group headquarters.
Vadilal enters forzen foods business
Diversifying from its core business of manufacturing ice cream, Ahmedabad-based Vadilal Industries Ltd has forayed into the Rs 2,000 crore frozen food category.
Vadilal goes premium with slew of high-end ice cream brands
After badabite, flingo, gourmet in 2011, Vadilal is ready to serve a new course of mouth-watering premium products for this summer.
Promoters to infuse Rs 2.50 cr to revive Vadilal
Vadilal Dairy International Ltd (VDIL) today said its promoters have decided to infuse Rs 2.50 crore to revive the sick company.
Vadilal to open first Italian ice-cream outlet -artisanal gelato
Vadilal Industries today said it will open its first cafe here offering Italian ice cream -artisanal gelato-under the brand melt in, on Womens day.


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There is a new Korean reality show that is garnering much attention from many viewers worldwide.
The new Netflix original series 'Single's Inferno' bring single young men and women to an island from which they can only escape once they find their mate. These attractive and young individuals cannot reveal their occupation or their age and must compete with one another to find love.
Not only is this show gaining much attention from Korean viewers, but it has been gaining much popularity from international viewers. However, many of the international viewers have gathered negative attention to the show as they found that the contestants had preferences for lighter skins.
Many of these international viewers have taken to social media to discuss this issue as they have taken issue with the male contestants referring to "pale" skin equating to "innocence."
This issue was brought up in a Korean online community where Korean netizens share their thoughts on the matter, causing a heated debate. Many Korean netizens are refuting that the contestants' preference for lighter skin is not a racist issue and only a cultural difference in preferences.
Korean netizens commented, "For people who like tanning in overseas countries, is that racist too? If we turn this around, it sounds ridiculous," "I think it's just an expression we use a lot in our country so [this reaction] took me off guard, lol. It doesn't mean having light skin equates to being pure it just means they look gentle," "The pale skin expression is not talking about being white like white people, it's just an expression referring to having clear and transparent skin," "I think this is just a cultural thing. The pale skin we refer to is having transparent and clear skin. I think the standard is different for us," "I think this is a contradiction because no one has any issues when we say that darker and tanned skin is sexy," "I really don't get why people are getting worked up when it's just what certain people prefer," "Aren't overseas people obsessive over skin color more? Then they wouldn't go tanning and such. They think tanning is more healthy and that's their beauty standard. I bet you they would take more issue if we [Koreans] say they are so obsessed with tanning," "This is just a beauty standard for Koreans. I feel they're really misunderstanding the phrase," and "I think it's the subtitle translation, instead of translating as "white" skin, they should've put "fair skin," they don't say white. I also get what the international viewers are saying because the translation keeps putting "white" and "pure" or "innocent" together a lot. I think the translation person should have been more attentive in choosing the wording as much as there are more people taking interest in Korean culture."


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After 17 months of waiting, NYC’s fashion crowd will finally get its front-row fashion experience back.
New York Fashion Week is poised to return Sept. 8 to the 12, but not without some changes. The Council of Fashion Designers of America (CFDA) has announced that the event will be exclusive to those who have been fully vaccinated. Guests aged 16 and under will need proof of a negative COVID-19 test result.
Citing a recent boom in COVID-19 cases due to the contagious Delta variant, the announcement follows the City’s latest requirement for proof of vaccination when residents enter gyms, restaurants and other indoor spaces. According to a statistical report from NYC Health, approximately 55.2 percent of NYC residents have been fully vaccinated.
“Together, we encourage the broader industry to follow suit and protect the wellbeing of our fashion community this September," a NYFW spokesperson is quoted in a report by Business of Fashion. "We will closely follow updates and recommendations from the CDC, New York State and City, releasing comprehensive health and safety guidelines in mid-August."
Christian Siriano, Moschino, Michael Kors and Coach are among those scheduled to show during the week-long event. According to the report, designers will be responsible for enforcing the rule with staff, models, publicists and makeup artists. Mask requirement mandates, meanwhile, have yet to be announced.
No doubt the industry at large is eager to get back to an in-person setting. COVID-19 shutdowns and restrictions changed the face of runway fashion in 2020, pushing many designers to get creative and present collections via high-production films and digital presentations.
Paris Fashion Week was forced to go completely digital in January of this year, before vaccinations were widely available, so proof of vaccination is certainly a step up. This won’t be fashion’s first in-person event, though, as Shanghai Fashion Week welcomed guests in April.
Visit NYFW online to learn more about this year’s schedule and health advisory commitments, and read more about the recent announcement via BoF.


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The heatwave of June and July has made 2018 an unforgettable year, and this is especially the case for Jude’s ice-cream following the successful launch of their new Vanilla Clotted Cream flavour.
“The weather has been fantastic for new flavour launches,” says managing director Chow Mezger. “Normally it can take up to a year to establish a new flavour with shoppers. However, our new Vanilla Clotted Cream variety is already challenging Salted Caramel for the top spot.”
The Hampshire-based ice-cream maker reports that they have sold four times their standard volume of their hugely popular salted caramel ice cream in the last two weeks – but even this may be surpassed by sales of the new flavour. With the barometer set fair, team ASHA have their spoons at the ready!


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Heritage Foods has sold its entire holding representing over 3 per cent stake in Kishore Biyani-led Future Retail for around Rs 132 crore in the open market to mainly repay its long term loans. “The company has disposed off its entire holdings/investment of 1,78,47,420 equity shares held in Future Retail. These shares were sold through stock exchange in open market in various tranches and the net amount of Rs 131.94 crore was received by the company,” Heritage Foods said in a regulatory filing.
In 2016, Future Retail Limited had in an all-stock deal, acquired the retail and allied businesses of Heritage Foods Limited, a company promoted by the family members of then Andhra Pradesh Chief Minister N Chandrababu Naidu. As part of the deal, Heritage decided to then focus on dairy as a single line of business.
Taht year, the two companies signed a definitive agreement, under which all existing 124 retail stores of Heritage in Hyderabad, Bengaluru and Chennai became a part of Future Retail network.
As a part of the deal Heritage Foods got 3.65 per cent share-holding in Future Retail through fresh issuance of shares.
“As part of the scheme of arrangement for the acquisition, Heritage Foods Limited will spin off its retail, bakery, agri-sourcing and veterinary care business in a fully owned subsidiary. Subsequently, all these businesses, except veterinary care, will then be merged with Future Retail Limited. The scheme shall be subject to approvals from relevant regulatory authorities and shareholders of the companies,” a joint statement had read in 2016.


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Tapestry Group, which owns the Coach, Kate Spade and Stuart Weitzman brands, is all set to place the headquarters for its China travel retail business in Hainan, the free trade port where duty-free sales have been soaring during the pandemic.
Forbes reported on 21st April, 2022 that New York-listed Tapestry formally signed a strategic cooperation agreement with Hainan International Economic Development Bureau and a bonded zone committee in Haikou, the capital of the island province.
“The Hainan market continues to see vigorous momentum. The launch of our China travel retail headquarters here is an important milestone marking the beginning of our travel retail business in China.” said Yann Bozec, the president of Tapestry Asia Pacific and CEO of Coach China. Bozec added that he expected to enter “a new chapter of rapid development” by advancing relationships with more retail partners on the island, the number of which has steadily increased.
Hainan’s provincial government is making great efforts to attract luxury houses to settle on the island. As well as the lure of free port status, it is actively helping brand owners to coordinate aspects such as customs and taxation.
Hainan Provincial Bureau of International Economic Development (Hainan IEDB) is helping groups like Tapestry not just establish themselves in Haikou, but also accelerate their business development, explore digital transformation options, and expand omnichannel services. At its new headquarter, Tapestry will begin building up a local operation team with the aim of coordinating the group’s travel retail business across the whole country.


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Digital ad spend set to rise in India
- Coal scam: Madhu Koda awarded 3-year jail term
- Unilever to sell spreads business to KKR for $8 billion
- Samsung is said to plan Feb Galaxy S9, S9 Plus reveal on heels of Apple’s iPhone X
- GAIL’s Rs357 crore claim against Deepak Fertiliser rejected in arbitration
- North Korean hackers behind attacks on cryptocurrency exchanges: report
A report by KPMG, titled The DigitalFirst Journey, highlights that growing internet penetration and data consumption is likely to boost spending on digital advertisements in India. The launch of 4G services by Reliance Jio Infocomm Ltd led to a rapid surge in data usage, the report said.


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Jacob Long and Jack Brennan of cheese-based, lockdown start-up Griolladh, now in five locations
Jacob Long and Jack Brennan, the founders of grilled cheese go-to Griolladh, will celebrate the success of their lockdown start up with a charity walk in aid of The Capuchin Day Centre for Homeless People.
This Saturday (June 19), Jacob and Jack will start off from Griolladh in Bray at 8am and walk 45k to Malahide, where they opened their first Griolladh food truck exactly one year ago.
Donations are welcome at link below. A percentage of Griolladh sales that week will be donated, and Griolladh will also match the amounts donated in the collection boxes at each of their 5 locations!


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According to the Food and Agriculture Organization of the United Nations (FAO), the demand for food commodities will increase by 60% by 2050, of which the demand for animal protein will increase by 1.7% per year. The output of meat, seafood, and dairy products is also expected to increase. The increasing demand for meat, contributing to the development of the market, has a positive impact on the growth of the livestock market, leading to the production and trading of animal feed.
The size of the global animal feed market will reach 482.1 billion USD in 2021 and is expected to reach 589.4 billion USD by 2027, with a CAGR of 3.5% during 2022 -2027, according to IMARC.
As a country with abundant raw materials, Vietnam has great potential for developing animal feed activities. According to statistics, the total demand for refined feed for the whole livestock industry in Vietnam is about 33 million tons per year. However, domestic supply is only about 13 million tons/year, accounting for 35%. Therefore, Vietnam has to import up to 65% from the external market.
Specifically, Vietnam imports an average of 20-22 million tons of animal feed ingredients a year, including materials used for aquatic products. According to preliminary statistics of the General Department of Customs, in the first 11 months of 2022, the import turnover of animal feed and raw materials reached over 5 billion USD, up 11.5% over the same period in 2021.
Because of its dependence on imports, recent fluctuations in the international market have been reflected in the overall picture of Vietnam's animal feed industry.
According to the General Department of Customs statistics, Vietnam's feed and raw materials imports in October 2022 reached 402.1 million USD, down 2.3% compared to September 2022 and up 3.0% over October 2021.
In the first 10 months of 2022, Vietnam's import turnover of feed and raw materials reached 4.5 billion USD, up 9% over the same period in 2021.
Imports of feed and raw materials to Vietnam in 2022 are estimated at nearly 10 million tons, worth 5.4 billion USD, down 4% in volume but up 8% in value compared to 2021.
In the first 10 months of 2022, the volume and turnover of Vietnam's feed and raw materials imports from some primary markets decreased compared to the same period in 2021, such as Argentina, the US, etc.
Argentina was the largest feed and raw materials supply market for Vietnam in 10 months of 2022, reaching 1.34 billion USD, down 7.3% over the same period in 2021 and accounting for 29.7% of Vietnam's total import turnover of feed and raw materials, down from 35% in the same period in 2021.
In October 2022, the import turnover of feed and raw materials from this market reached 86.4 million USD, down 31.9% compared to the previous month and down 50% compared to October 2021. It is estimated that the import turnover of feed and raw materials from the Argentine market in 2022 will reach 1.55 billion USD, down 6.6% compared to 2021.
Brazil was the second largest feed and raw materials supplier to Vietnam in 10 months of 2022, reaching 924.6 million USD, up 90.6% over the same period in 2021 and accounting for 20.4% of Vietnam's import proportion of feed and raw materials, up from 11.7% in the same period in 2021.
Import turnover of feed and raw materials in the 10 months of 2022 from some markets increased sharply compared to the same period in 2021. Imports from Hungary reached 322.6 million USD, up 28% and accounting for 7.1% of the import proportion; from China reached 213.5 million USD, up 13% and accounting for 4.7% share; from Indonesia reached 125.6 million USD, up 22.5% and accounting for 2.9% of the import.
In contrast, the import turnover of feed and raw materials from some markets in the first 10 months of 2022 decreased sharply compared to the same period in 2021, such as the US reaching 580.8 million USD, down 16.2% and accounting for 12.9% of the import proportion. Taiwan’s market reached 48.9 million USD, down 33.6% and accounting for 1.1% proportion; Malaysia reached 29.4 million USD, down 52.6% and accounting for 0.7% of the import proportion.
(First 10 months 2022)
C.P. Vietnam Corporation, Khai Anh Binh Thuan Joint Stock Company, and Cargill Vietnam Company Limited were Vietnam’s top 3 animal feed and raw materials importers in the first 10 months of 2022. C.P Vietnam Corporation imported a total of 358,197 thousand USD worth of animal feed and raw materials, while Khai Anh Binh Thuan and Cargill imported 254,984 thousand USD and 225,341 thousand USD, respectively.
Source: The Ministry of Industry and Trade
Compiled by VietnamCredit


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The retailer said the acquisition will strengthen its position in the home services market while also complementing its home product range.
Following the acquisition, Opun will operate as a wholly-owned subsidiary of John Lewis Partnership and will retain the Opun brand.
Opun founders Rod Brown and John Cushing said they launched the business three years ago “with a view to revolutionising the home improvement experience, putting customer values first and delivering a world class service using technology as our backbone. We are delighted to be joining John Lewis, which shares the same values as Opun.”
John Lewis director of commercial operations Sean Allam added: “John Lewis is known for its home product offer, and for delivering exceptional customer service. Opun’s commitment to end-to-end customer service chimes with our values, and we think it’s a great fit for John Lewis customers.
“This acquisition will improve our capability in the home services market, built through our own trials with John Lewis Home Solutions.”
The John Lewis Partnership operates 50 John Lewis shops across the UK (36 department stores, 12 John Lewis ‘at home’ stores and shops at St Pancras International and Heathrow Terminal 2), johnlewis.com, 353 Waitrose shops, waitrose.com and business-to-business contracts in the UK and abroad.


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Japan to curb fallout from Kobe Steel's falsified data
Japan’s government sought yesterday to contain the fallout from the disclosure by the nation’s third-biggest steel maker, Kobe Steel Ltd, that it had fabricated data on components used in cars, aircraft and space rockets, sending shock waves through the Japanese manufacturing sector.
Faced with the latest in a series of missteps that have undermined Japan’s reputation for high-quality production, the industry ministry instructed Kobe Steel to assess the safety impact from the scandal.
The company said products used by about 200 companies were certified with falsified data. They included Toyota Motor Corp, Central Japan Railway, Mitsubishi Heavy Industries, Mazda Motor Corp and Subaru Corp, the companies confirmed.
Analysts say the announcement further tarnishes the reputation of Japan’s globe-trotting manufacturers, long celebrated for their high-quality products. It could also undermine confidence in Prime Minister Shinzo Abe’s moves to improve corporate governance as part of his program of Abenomics.
The admission from the steel and aluminum maker follows scandals involving falsified data at household names such as Nissan Motor, Mitsubishi Motors and Takata Corp, which filed for bankruptcy earlier this year.
Toshiba Corp is still battling the fallout of a scandal involving reporting inflated profits.
“Looking back over several years, foreign investors have bought Japanese stocks on expectations for Abenomics, but among the ‘three arrows,’ the growth strategy isn’t functioning,” said Makoto Kikuchi, CEO of Myojo Asset Management.
“While they say they’re strengthening corporate governance, improprieties focused on manufacturing have been popping up. Going forward, this will be a body blow to Japanese shares.”
Toyota called the revelations a “grave issue,” and said it was making checks on where the components were used and what effect they have on products using them.
In a statement on Sunday Kobe Steel said some aluminum and copper products shipped from September 2016 to August 2017 were falsely labeled.
Kobe Steel said the misconduct involved dozens of staff and possibly stretched back 10 years. It apologized and said it had appointed lawyers to investigate.
Aluminum castings, forgings and flat-rolled items, along with copper strips and tubes were among the products affected, the company said in a statement.
“These are improper actions that could shake the foundation of fair trade,” Yasuji Komiyama, director of the industry ministry’s metal industries division, said at a briefing on the revelations.
“We want Kobe Steel to make the utmost effort to restore trust from society,” he said.


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The Puerto Bolivar Maritime Terminal has kept all its operations active since the start of the coronavirus outbreak and logistics has not been interrupted despite the declaration of the health emergency in Ecuador.
1,982,426 boxes of bananas were exported from this terminal on week 16 (April 13 to the 19), as Yilport substantially improved the loading and unloading capacity of container ships.
The Port Authority highlighted that "the port's daily work continues thanks to a great human team that strives each day to continue providing an efficient quality service to the banana exporting sector."
The National Emergency Operations Committee (COE-N) will approve a proposal for logistics corridors on the main routes that connect Ecuador in order to guarantee the supply of products to this city and to the country in general. The goal is to take care of the safety of cargo carriers. The corridors will have disinfectants, help, and food supply points.


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INDIA: Dacia/Renault Duster becomes Nissan Terrano
The Terrano is due to be in Nissan India's showrooms from October
Nissan India has revealed its own version of the Dacia and Renault Duster SUV. The new Terrano will be made alongside the Renault Duster at the Alliance's plant on the outskirts of the southern port city of Chennai.
"Terrano marks our entry into the compact SUV segment, which is one of the fastest-growing segments in the Indian market today," said Kenichiro Yomura, president of Nissan's India unit.
The Duster has been the most successful vehicle for Renault in India with sales of about 60,000 units since its local introduction in July 2012. SUV sales in India surged 52% in the fiscal year ended 31 March to 553,660 units, compared with a 6.7% decline in the sales of cars to 1.9 million units. But a recent 3.0 percentage point increase in factory tax on SUVs to 30% has affected demand in the segment, the Wall Street Journal notes.
Nissan India sold 7,499 vehicles between April and July, a decline of 47% from a year earlier. It exported 28,232 vehicles, a 0.8% drop.
The Alliance's Oragadam plant builds the Nissan Sunny, Evalia and March models, as well as the Stile, a version of the Evalia MPV for Ashok Leyland. Locally made Renault models are the Duster SUV, Koleos SUV and Fluence sedan, as well as the Nissan Sunny-based Scala sedan and Nissan March-based Pulse hatchback. Production of the Datsun Go, itself closely related to the March and Pulse, will be added from 2014.
Author: Glenn Brooks


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FOR PRESS RELEASE
There’s no doubt that the internet has turbocharged the world of business start-ups across the board, but it seems to have proved especially useful to people with aspirations to launch watch brands.
Inevitably not all such start-ups succeed – but one that has enjoyed phenomenal success in a short space of time is UK-based Omologato, set up little more than 10 years ago by Shami Kalra, a car and motor sport-loving graduate of the London College of Fashion who spent the first 25 years of his career working in corporate design.
In the summer of 2015, however, Kalra shut himself in a room for a few hours and came up with the concept of a watch line that took styling cues from the world of motor racing. The following day he posted his first designs on the ’net and, within hours, had the germ of a successful online business.
Now Omologato is a name that’s widely recognised in both the classic and contemporary areas of the automotive scene, so much so that the brand has attracted something of a cult following.
It offers more than 45 designs inspired by everything from the world’s great circuits to cars and legendary drivers.
Having created watches dedicated to tracks such as Indianapolis and Laguna Seca in America, Omologato has also launched models such as the Monza that marks its collaboration, this time as an official partner of Italy’s legendary Autodromo Nazionale di Monza.
They currently sponsor teams and drivers competing in IndyCar, NASCAR, British Superbikes, Le Mans, Formula E, Porsche Motorsport, RADICAL Cup, East African Safari Rally, and race track such as Imola, Portimão, Virginia International Raceway and Monza. The list goes on but it gives the brand a lot of depth in their subject matter.


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Ojai Valley taxidermist Chuck Testa has just earned himself a spot on the Gregory Brothers' playlist, which means that as an internet meme, he and his viral commercial are going to stand the test of time.
Testa's original video featured examples of his taxidermy work gallivanting around town as if they were alive. Now the commercial also boasts a moody pop beat, and the dialogue lines have been given the Gregory Brothers' signature auto-tune treatment. They also added snippets from the Fine Brothers' "Kids React To Viral Videos" to create a soaring choral bridge for Testa's now-melodious "NOPE!"
As of this writing, Testa's original commercial, which was uploaded in August of this year, has almost 7.3 million views. The Gregory Brothers' video, which just went up last Sunday, is well on its way to catching up; right now it has over 800,000 views.
Check out the auto-tuned version above, and watch the original commercial below.


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Chinese tourist boom ripples out to more destinations
By John O'Callaghan
SINGAPORE (Reuters) - Chinese tourists are seeking more exotic locales for their trips as the popularity of most of their top 20 destinations soars, TripAdvisor said on Tuesday, reflecting the boom by the world's highest-spending group of travellers.
The travel website said its data on customer searches showed people from mainland China still love to go to nearby Hong Kong and Macau for getaways and shopping, but are increasingly adventurous, with holidays in Asia, Europe and North America.
"This new generation of Chinese outbound travellers is making their own decisions about where to go, where to stay and what to do by doing their own research online, going beyond the old stereotype of big buses of group tourists," Lily Cheng, managing director of TripAdvisor China, said in a statement.
Hong Kong was the most popular destination search in July to August, with interest from Chinese travellers rising 50 percent from the same period of 2012, TripAdvisor said.
Phuket, a beach resort in Thailand, was in second place, with 3.5 times as many searches than a year earlier. Taiwan was third (up 4.5 times), Bangkok was fourth (up 3.7 times) and Paris was fifth (up 4.6 times).
Other popular places in the Chinese top 20 included Dubai, Seoul, Singapore, the Indonesian island of Bali, Rome, New York and London.
Four destinations had booming growth, with searches up by more than six times: Jeju Island in South Korea, Kyoto in Japan, Kota Kinabalu in Malaysia and Vietnam's capital, Hanoi.
While tourism spending is on the rise globally, Chinese travellers are the most avid consumers and a big target market for operators of hotels, shops and attractions. Continued...


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Fujifilm will launch a compact system camera in the UK in the ?first half of 2012? as part of its premium-level X-series, rejecting the Micro Four Thirds format.
The mirrorless camera will be aimed at the higher-end user seeking an ?out-and-out performance product?, AP understands.
Fuji’s fixed-lens X100, launched earlier this year, carries an APS-C-sized imaging sensor measuring 23.6×15.8mm.
The news follows the unveiling of an X-series ?roadmap? by Fujifilm president Shigetaka Komori during a press conference in Tokyo, Japan earlier this week.
Fuji remains tight-lipped on specs, a launch date and pricing.
Also on the cards is a ?truly high-end? bridge camera called the X-S1 featuring a 2/3 X-series sensor and 26x zoom lens.
The X-S1 is due in the UK in ?early 2012,? said a UK spokesman.
Meanwhile, Fuji has confirmed that its X10 (pictured) will land in the UK in early November, priced £529.


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Pirelli displays “Seal Inside” technology
During the launch of the Pirelli’s Cinturato P1 tyre earlier in the year, Pirelli showcased a new self-sealing technology currently available in original equipment tyres the Italian brand supplies to Volkswagen. Named “Seal Inside”, the technology allows the tyre to “fix itself in the event of a puncture, allowing the driver to carry on without having to change the wheel,” according to Pirelli. It was developed by Pirelli’s Research Department with the emphasis on safety, helping to maintain the pressure and integrity of a punctured tyre and preventing 85 per cent of the possible causes of a deflation.
Behind the tread of the tyre a layer of sealant prevents air escaping whether or not the object that has penetrated the carcass remains in place. Seal Inside works immediately on the area that has been punctured, leaving the tyre’s performance and safety characteristics “uncompromised”. Pirelli says motorists “will not even notice that a tyre has been punctured”.
The technology lines up alongside Run Flat technology, sharing safety and performance preservation characteristics, though Seal Inside promises to retain rolling resistance, comfort and noise performance on both wet and dry surfaces.
- Pirelli launches “eco-friendly” Cinturato P1 for small-medium segment
- “A high performance tyre for everyone”: Pirelli


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Do you know how big eSports has become today?
According to GroupM, the world’s leading media investment company, the gaming market worldwide was valued at $151.55 billion in 2019 and grew by 20% to $179.7 billion in 2020 despite of the global pandemic.
There is an estimated 495 million global audience for eSports or organized forms of competitive game played in tournaments and leagues. In the Philippines alone, there is already 43 million eSports enthusiasts. That’s why it is not surprising that Filipino gamers has dominated some international online gaming competition in recent years. In just a span of four months, Team Philippines was declared as champions in the Mobile Legends: Bang Bang M2 World Championship last January 2021 and in the Regional Championship of the FIBA Esports in April.
Indeed, Filipino talents reaching greater heights in the eSports global arena is seen with the latest string of wins of local gamers. However, despite the promise and potential that is evident in the industry, the maturity of eSports in the country is still far from the rest of the world due to some factors: (1) There is still a stigma and cultural acceptance that gaming is not sports and being a professional gamer is not a career; 2) there is a lack of inclusivity and diversity due low discoverability because not everyone have the resources and the space to play and be seen; and (3) there is lack of official and organized spaces to practice or a one stop shop that would advocate and create an organized movement for the community.
Kalaro: The Super App and the Man behind the technology
The good news is that there is a new-generation eSports digital platform created by Pinoys for the Filipino gaming community. Living up to its name, Kalaro can be every gamer’s partner as it understands the potential of the industry and how a gamer could actually benefit and level up the quality of their life if they are guided by a whole community who would rally for him/ her to win.
Kalaro can be considered as the super app that save the Philippine eSports industry. Born out of the desire to uplift every gamer, it aims to gather the whole community to come together and nurture or groom gamers to be the best that they can be by providing them opportunities to learn and grow together and leveraging the power of technology.
At the helm of Kalaro is Founder and CEO Jun D. Lasco, a technopreneur and software architect who has work as a top executive of international and regional enterprises over the past 30 years. He is considered to have led an Ayala group company to become the fastest growing tech company in the Philippines in 2010. Aside from that, he was the director for the Japan Business Group of Fujitsu Philippines’ IT export arm. And now, he has created a start-up that is the only integrated eSports digital platform for the Asian region.
How Kalaro can help Pinoy gamers
There are a lot of benefits that Filipino eSports enthusiasts can get from Kalaro. Here are the core features of the gaming platform that every fun-loving gamer can enjoy when they access the app:
- Tournament Management – Kalaro is aware of the challenges of organizing online game tournaments which demands so much time and effort in planning, monitoring and staging of the event. Now, with just a few clicks on the app, one can take charge of bracketing and promotion of multiple tournaments. Managing and scaling eSports competition anytime anywhere has never been this easy. For gamers, they can join in active tournaments with ease and this can serve as their training ground to practice and improve their skills to prepare for more competitive and bigger tournaments in the future.
- Brand Integration – For brands who believe in the potential of the eSports industry, Kalaro can be their platform to combine monetization and activation of their campaign at the same time. They have the opportunity to organically tap the gaming community who are known to be support products and services who sponsors eSports events. Gamers and tournament operators can also start building network through Kalaro.
- In-app Social Media and Content Browsing – Be able to connect with fellow gamers and learn from each other through real-time gaming interaction and eSports networking. While staying at home, you can widen your network and hone your craft at the same time. There is a bigger chance of discoverability since this will also serve as sort of a social media platform of the gaming community. Plus! There is an in-app currency made up of gems for cashless transactions and better gaming experience.
- In-app Advocacy – Kalaro is not just all about gaming. It also promotes work-life balance while driving eSports and public sustainability. As it aims to enhance the culture of acceptance of gaming in the country, one of its other goals is to also see gamers to gain discipline needed to be recognized as true athletes in the world of eSports. When these things are achieved, more companies will realize the value of using eSports as a teambuilding initiative to develop camaraderie, schools will accept online games as part of their curriculum like in other countries and the government to further support the eSports industry.
These are just some of the many values one can get from Kalaro. Explore and discover more benefits for you by creating your free account now. Reaching your full potential as a gamer is now made possible and this can be your key to a better future as you play the games you love and earn a living at the same time.
Kalaro believes that the eSports industry can serve as a lifeline to many Pinoy gamers who can now connect and complete with gamers overseas. As Kalaro take bigger steps to reach out every eSports enthusiast in the country, its thrust is to also have the whole of Asia use the platform. And who knows, the rest of the world as well.
With Kalaro, we play as one!
*Kalaro has an ongoing promotion where they are giving away up to 5 million Kalaro gems to lucky app users. Everyone can still join. All they have to do is to create a free account now and start discovering the many valuable features of the super app.
Visit www.kalaro.net and sign up now. You can also get more information from the official Kalaro social media accounts: www.facebook.com/OfficialKalaro, www.twitter.com/OfficialKalaro, www.instagram.com/OfficialKalaro and www.youtube.com/c/kalaro.


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Sports Illustrated Swimsuit Model Finds Apple AirTag Stalking Her
According to The New York Post, Sports Illustrated swimsuit model Brooks Nader was followed for around five hours in New York City by a stalker who slipped an Apple AirTag into her coat pocket.
The 26-year-old had no idea the device was even on her person and was only alerted to its presence by a push notification on her iPhone, informing her that an “unknown accessory” had been detected and was moving with her.
Apple launched the AirTag for $29 USD ($39 CAD) in April of last year as a tracking device to help customers locate items using the company’s Find My network, which boasts over 1 billion Apple devices globally.
It is no stretch to imagine how functionality like that could be used maliciously by bad actors. There have been multiple reports of AirTags being used to stalk individuals and even mark and track cars for theft. Last month, a Dodge Charger owner in Detroit was notified of an AirTag in his car by his iPhone.
Nader later recounted the events to her 828,000 followers on Instagram.
“This ‘device’ followed me for the last five hours to every location and [it belonged to] no one in my ‘network.’ It also wasn’t a phone or tablet, it was an ‘item,'” she explained. “I want this to be a PSA to all my ladies to please please check your belongings.”
Apple, however, actively works to prevent AirTags from being used to track people without their consent, as notifications inform users of unknown devices following them.
The iPhone maker in December even launched an Android app to locate and notify users of unknown AirTags in their vicinity.
“We take customer safety very seriously and are committed to AirTag’s privacy and security,” an Apple spokesperson told The New York Post.
“AirTag is designed with a set of proactive features to discourage unwanted tracking — a first in the industry — and the Find My network includes a smart, tunable system with deterrents that applies to AirTag, as well as third-party products as part of the Find My network accessory program,” said the Apple spokesperson.


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Kylie Jenner fans are not best pleased with her latest Instagram post, calling her out for the 'low key disturbing' blood and gore.
The Keeping Up With The Kardashians star is launching a new Halloween makeup collaboration between Kylie Cosmetics and Nightmare On Elm Street, the 1984 horror film.
To celebrate, the 24-year-old posed naked covered in pools of fake blood. The caption read, "MY KYLIE X NIGHTMARE ON ELM STREET COLLECTION LAUNCHES TOMORROW! 3pm pst KylieCosmetics.com 🔪🩸"
While some fans were loving the fairly full-on Halloween themed shoot, others were pretty offended by it. "This needs a warning ⚠" one commenter wrote, while another put, "
Low key disturbing…"
Someone else said, "What the f*** Kylie" and another said, "Honestly I find this really disturbing."
It's not the first time Kylie has posted about the collaboration. Earlier this week, she teased, "Can you guess who we collaborated with this year for halloween? 👀 Collection reveal coming today @kyliecosmetics."
Thankfully for the star, the family support has been huge - Kris Jenner commented, "Halloween Queen!!!!!!🔥" while Khloe Kardashian added, "All hail the queen!!!! My beautiful baby!!"
Each to their own, I guess...?
SHOP NOW Shop Kylie Cosmetics at Boots
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Retail Sales for June Expected to Rise, Indicating Consumer Health
Traders are eagerly awaiting the release of June’s retail sales data on Tuesday morning, as it will provide a crucial insight into the state of consumer health. Economists surveyed by Dow Jones anticipate an increase of 0.5%, surpassing May’s gain of 0.3%. This data arrives at a significant time, following the latest reports on consumer and producer price index (PPI), which indicated that inflation grew at a slower pace than expected. The findings suggest that the Federal Reserve’s efforts to cool inflation through interest rate increases may be effective.
In analyzing Tuesday’s report, economists will be watching closely for any signs of retail sales coming in too hot. Such a scenario could potentially contribute to inflationary pressures and indicate a considerable increase in consumer spending. It is important to note that these numbers reflect the ongoing battle against inflation and serve as a pivotal gauge of the overall economic recovery.
Shares of FB Financial surged by approximately 14% in after-hours trading following the release of their second-quarter earnings results. The company reported earnings of 77 cents per share, surpassing consensus expectations of 65 cents per share. FB Financial ended the period with $10.87 billion in deposits, representing a slight increase from the same quarter last year but a slight decline from the first quarter.
In other news, Warren Buffett’s Berkshire Hathaway has significantly reduced its stake in video game publisher Activision Blizzard. After the release of securities filings, it was revealed that Berkshire Hathaway now holds a 1.9% stake in the company, down from 6.3% at the end of March. This announcement coincides with Microsoft’s impending acquisition of Activision, which is currently under review by regulatory authorities.
Overall, the forthcoming retail sales data for June will be closely monitored for indications of consumer spending and the status of inflation. Market participants will be particularly interested in whether the numbers veer towards any extreme outcomes, such as excessive growth or unexpected contraction. These figures are critical not only for traders and economists but for gauging the overall health of the economy and its trajectory towards recovery.


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Galaxy S22: Every year Samsung introduces a new high-end processor, and this usually arrives the month before the launch of its new flagship series. That is why lately there has been a lot of talk about the Exynos 2200, a processor that in theory should arrive for the next Galaxy S22 series.
It was the company that announced some time ago that this presentation would take place on January 11, 2022. But the day has passed, and they have not presented the Exynos 2200 processor that they promised. Because of this, Samsung has confirmed that the launch of its new chipset is delayed.
Yesterday was the day it should be presented, but that was when they reported that Samsung was delaying the launch of the Exynos 2200 processor. From the beginning, it was not clear what had been the reason for this unusual delay, and for now they have not given more information about it.
The South Korean company has officially confirmed to the South Korean media that the launch of its new chipset, the Exynos 2200, is postponed.
A Samsung Electronics official said: “We plan to unveil the new application processor at the time of the launch of a new Samsung smartphone.” He further adds the following: “There are no problems with the production and performance of the AP.”
This release could be an attempt to prevent investors from being scared off by its launch delay. And it is that an informant assured that all the models of the new Galaxy S22 would mount the latest Qualcomm processor, the Snapdragon 8 Gen 1. If true, the Exynos 2200 would not be present in the new line of Samsung workhorses.
That is why Samsung’s statement is not entirely hopeful, because despite the fact that they reported that the Exynos 2200 will arrive with a new smartphone, it did not specify that it would do so with the new Galaxy S22 series. Therefore, it is possible that the processor will arrive together with the new folding models, which will be launched on the market at the end of this 2022.
Meanwhile, we can only wait for new information from the company or leaks. What is clear is that Samsung is going through a completely unusual situation. But we only have to wait for next month to know for sure if the Galaxy S22 series will have the Exynos 2200.


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New Zealand has issued $330,000 to a local crypto startup
Callaghan gives Vimba a Grant
The CEO of tech giant Vimba actually stated that he was impressed by how much faith the Callaghan innovation agency had placed in the crypto startup. He went on to say that this investment was superbly significant as well and it was exciting to see how much faith people had in an asset like this.
History of Vimba
In 2014 this company was found by cryptocurrency enthusiasts and was previously known as MyCryptoSaver. The rebranding ended up showing the range of services that the company has that have been given by this company that is based in Auckland.
This platform is currently able to use the money of New Zealand and allow the cryptocurrencies of bitcoin and Ethereum to be purchased. When asked if he would be increasing the range of the services that company provides he stated the company said it was currently considering the expansion of the cryptocurrencies.
When the bitcoin value dropped with such a significant margin from 20,000 to less than 5000 there was a lot of problems with regards to thinking about the future of bitcoin itself and therefore as a result most cryptocurrencies began to get a spotty reputation.
Amidst the range of sadness that was present around cryptocurrencies Blackmore was able to tell people that the recent volatility was no reason for the people to get discourage d and that in the long term it would be better. If you would like to read more about New Zealand government issued grant visit this article.
Market Conditions of Cryptocurrencies
The company stated their belief that it would reach a market cap that would be comparable to the market cap of gold since it had much better attributes in terms of efficiency, accessibility, and being more secure. Once it reaches that cap each bitcoin would be worth 600,000 dollars.
As he stated it is never too late to begin investments into cryptocurrencies since in the long term it is a good prospect for anyone.
The COO of Vimba stated that he planned to use the grant that Callaghan provided and use it for the promotion of technological innovation so that it will become easier to realistically transfer small amounts of bitcoin to several customers easily. This will be able to distinguish the company from others on the market. If you would like to read more about cryptocurrencies impact visit this article.
Future Prospects for the Company
The company also states that the market of the UK can be penetrated by them and Blackmore will be able to temporarily be present there and his intention to launch within the UK market is in the next few weeks.
- The firm is currently responsible for the enabling of clients within New Zealand and help them to buy and sell their cryptocurrency.
- Currently they deal mainly in bitcoin and Ethereum. The firm has stated that going forward plans for expansion are a major priority and the company has hopes that eventually there will be many more cryptocurrencies added on the website in its portfolio.
- The signs from Blackmore look as good as they can currently since according to them the time at the low prices of bitcoin is the best.
- This is the best time for many new individuals who are new to cryptocurrencies to begin investing in cryptocurrencies and enter the market.
- Currently the prices are at an all time low and are expected to pick up greatly in the future. Therefore, the margin for profit also stands currently at the highest point that it has ever been and might ever be in the future.
The Chief Operating Officer of Vimba actually stated how the large grant provided to the company will be used. He stated that the money of the grant will be used in assisting within the development of the different types of innovations and new technologies in the sector of cryptocurrency and bitcoin etc. in particular. His hope is that out of the box thinking coupled with the large amount of money form the grant will be easily the best thing which can allow Vimba to beat its competitors and become a better company as a result. If you would like to read more about funding receive from New Zealand government visit this article.
A new method to improve the ways in which the company is functioning is increasing the security of the firms and their handling of the companies themselves. The method is called a multi sign or multi signature method of security whereby multiple levels of verification are present within the hierarchy whereby work needs to be done. In an industry where, multiple firms are always getting hacked and robbed this firm may be secure due to this reason.
The platform itself also provide a large number of rounds of investment for cryptocurrencies like Ethereum and bitcoin currently since they are the only two available. The CEO of Vimba recently stated that the clients of the company itself are extremely stable to an extent that they can even bear the amount of problems that the market has to regularly endure each year or in each cycle. His optimistic views on the position that bitcoin will soon occupy within the market has given rise to much more positive methods of bringing cryptocurrency far more into the eye of the public.
It is important to understand that the grant the government of New Zealand has provided holds far reaching implications for the conditions of the market of cryptocurrencies in general. The government has now confirmed its faith within cryptocurrencies and products etc. which are related to it as well. The market holds a lot of problems and potential risks because of its experimental nature however, with the backing of the government it could become much better.


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2020 Saleen S1 GT4
One of the most legendary names in GT racing will soon return to the starting grid at the world's most prestigious racetracks with an original new machine designed specifically for track competition.
At a press conference and demonstration event held yesterday at the Bellagio Hotel and Casino in Las Vegas, Saleen Automotive announced it will soon offer specially-built versions of it's new Saleen 1 turbocharged, mid-engine sports car designed to compete in GT4 racing series worldwide.
The new Saleen GT4 concept model - which will be built at Saleen's Corona, Calif.-based facilities starting in November 2019 - is based on a dedicated racing version of the Saleen 1 model, which debuted in the 2019 Saleen Cup racing series. The single-make 'arrive and drive' series concludes its inaugural season with a grand finale event at Las Vegas Motor Speedway, October 18-20.
Saleen's GT4 concept features distinct changes from the standard production model Saleen 1, including updates designed to comply with GT4 series specifications. The Saleen GT4 concept features updates to the car's front splitter and fenders, plus new advanced rear diffuser to improve aerodynamics. Per GT4 specifications, a large rear wing is included to add maximum downforce and traction. Saleen's GT4 concept car also offers front and rear anti-lock braking systems and other GT4-specific equipment.
'We developed the Saleen 1 to be fully capable on the track and easily adapt to racing applications,' said Steve Saleen, CEO and founder of Saleen Automotive. 'Our company was founded on racing DNA and the track is where we prove our reputation. We look forward to completing the homologation process with SRO and seeing these cars compete at GT4 events around the world.'
The GT4 category was created by the Stéphane Ratel Organisation (SRO) in 2007 to offer a championship that featured a wider range of manufacturers and better affordability than other racing series. Starting with an initial series in Europe, GT4 racing has expanded worldwide with additional championships in the Únited Kingdom, North America, Asia and Australia.
'The Saleen Cup has been an important and exciting addition to our race weekends in 2019 and we look forward to the Saleen GT4 joining our Pirelli GT4 America grids in 2020,' said Greg Gill, President and CEO of SRO America.
Boasting innovative chassis design and performance influenced by Saleen's legendary S7 supercar, the mid-engine Saleen 1 marks the latest in the company's Saleen Original vehicles line. With its turbocharged 2.2-liter four-cylinder engine producing 450 horsepower, plus lightweight chassis and carbon fiber bodywork, the Saleen 1 is a formidable track car - even in street form.
There are no setups for this car.
This car has been used in 0 sessions.


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By Monica C. Meinert
For payments fraud professionals, fighting fraud can seem like a marathon with a finish line that keeps moving further and further away. Traditional methods of fraud—like phishing, business email compromise, wire scams and check fraud—are still in play and growing more targeted and sophisticated. But technology is also giving rise to all-new types of fraud the industry hasn’t seen before.
Data loss fuels the fraud cycle
The overarching themes shaping today’s fraud landscape are “digital, automated and scalable,” according to Mary Ann Miller, senior director at NICE Actimize, a company that provides fraud prevention, anti-money laundering and risk management solutions to the financial industry.
Driving these increasingly complex attacks is the lucrative prospect of credential collection. Today, consumer credentials have become valuable commodities that can be sold for profit on the dark web, Miller explains. The desire for credential collection is evident in the recent uptick in scalable attacks targeting login pages, advanced botnet attacks and “peeking events,” where fraudsters “peek” at consumer accounts, check balances and then sell high-value consumer data.
Another up-and-coming fraud tactic involves the creation of “synthetic IDs” where fraudsters splice together stolen information from multiple consumers to create new customers that don’t actually exist. Using these newly fashioned identities, fraudsters can open new bank accounts or lines of credit and obtain driver’s licenses or passports.
There’s also phone porting, where fraudsters hijack a consumers’ mobile phone number by contacting the telephone company and porting the number over to a new device. With just a few pieces of personal information (like a Social Security number, date of birth or address), fraudsters can take control of the consumer’s phone and game multifactor authentication systems, gaining access to bank accounts, cloud accounts and other secured accounts.
It’s not just individual actors
Fraud today is not just being conducted by shady criminals operating from a dark corner of the internet. Over the past few years, nation-states have emerged as a critical cyber threat, engaging in state-sponsored hacking targeting the U.S. economy and critical infrastructure sectors.
“The velocity of risk is increasing. We’re facing increasing levels of systemic risk,” notes Reid Sawyer, SVP for credit, political and security risk at JLT Specialty, an insurance brokerage and risk management firm. “Within hours of U.S. [policy]action, foreign intelligence services can start to target the financial sector.”
Taken together, the fraud landscape has evolved to the point where Sawyer characterizes it as “crime as a service.” “The democratization of cyber attacks, the ability to lease tools to attack institutions means that I don’t have to have the technical skill points, I just have to understand where to find the right tool to launch against you,” he explains.
‘Trust is the victim’
Banks are responsible for safeguarding massive amounts of customer data, with varying degrees of value and sensitivity level. And as fraud tactics continue to evolve, keeping it safe is becoming increasingly difficult.
“From the technical side, [the data is]sitting across endpoints, it’s in hybrid cloud servers, it’s sitting everywhere in your organizations to the point where your CISOs would probably tell you that they can’t track the amount of data the organizations have,” Sawyer says. Yet, at the same time, banks are being held increasingly more accountable for the security of that data.
When banks fail to prevent fraud, ultimately what suffers is the trust relationship they share with their customers. “The victim of this is the trust proposition you have,” adds Sawyer. “It drives us back to: are we measuring what matters?” And the answer to that question is: not necessarily.
“When the CISOs report up to the board, they’re really reporting on vulnerabilities. They’re describing: how tall is my fence? What’s my cyber maturity? What are my defenses? That doesn’t describe risk.”
From ‘failsafe’ to ‘safe to fail’
The reality is that most companies at some point will be confronted with some type of data breach. For banks, that means acknowledging the fact that it’s not a question of “if” but “when” and planning accordingly. “We need to shift the mentality from ‘we cannot fail’ to ‘how can we fail safely?’” says Sawyer.
He urges bankers to take a second look at how they’re measuring and monitoring risk and reporting up to the board and senior management. “It’s understanding, where is it that it’s going to have balance sheet impacts? Does a breach in Q2 create a liquidity event for me in Q3?”
And when it comes to communicating that information up the chain, “if we can’t take our nomenclature and describe it in plain English, we really fail,” Miller says. Fraud professionals must understand “what are the threats and put them in key terms that executives can understand.”
Finally, she notes that customer service plays a role in fraud mitigation as well. “As financial institutions, our job is really taking an unfortunate fraud event and turning it into a loyalty building event. We know [breaches]are happening, we know that they’re continuing to scale up and be daily occurrences. But what we can do is making sure we’re reacting to and protecting our customers.”