text:
Bayer MaterialScience AG has invested €2.3 million in a new production line for its Baycusan®range of waterborne polyurethane dispersions (PUD) for the cosmetics and medical segments. The new facility, which forms part of the PUD plant at the Dormagen CHEMPARK, will produce special, top-quality polyurethane dispersions of maximum purity, which will be sold to the cosmetics industry under the name Baycusan ® C. The dispersions do not contain any kind of co-solvent, are free of preservatives and thus have characteristics that are unique to this market.
"With the start-up of production, we have passed another
important milestone," said Dr. Joachim Wolff, head of Coatings, Adhesives,
Specialties (CAS) at Bayer MaterialScience. "For us, innovation and
investment are key to sustainable growth. This project, which we completed in
less than two years, is a wonderful example of our innovation strategy. To enable
us to deliver more success stories, we will invest around 30% more in research
projects and customer-related developments this year than we did in 2007."
Since Bayer MaterialScience introduced Baycusan at the
In-Cosmetics trade fair in April 2008, several hundred samples have been
distributed to potential customers in the cosmetics industry. "The
interest has been considerable,” said Dr. Steffen Hofacker, head of Cosmetics
at Bayer MaterialScience. “Now the business can really start to meet the needs
of the market."
The new facility has been designed to be completely germ-free
and, thanks to a special process developed by Bayer MaterialScience, the
production process dispenses with co-solvents such as NMP (N-methylpyrrolidone)
and ethanol. "This provides the cosmetics industry with plenty of scope,
because they know they can use these dispersions safely in all cosmetic
applications," said Hofacker.
facility is already preparing for the next stage. As the product also conforms
to the requirements made on polyurethane dispersions for medical applications,
Bayer MaterialScience is currently preparing to launch a Baycusan product line
into the medical market.
For more information, visitwww.bayermaterialscience.com.


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July 7 | Financial Review
The changing face of Australia has implications for retailers as younger generations outnumber older ones and we become a more culturally diverse society.
Demographers and policy boffins aren’t the only people poring over the results of the 2021 census. Retailers are also crunching the numbers, looking at the long-term implications for retail spending.
At first glance, demographic trends look positive for retailers, unless you’re a seller of religious paraphernalia such as crucifixes and rosary beads. Almost 39 per cent of Australians claim to have no religion, up from 30.1 per cent in 2016.
The most encouraging trend for the $350 billion sector is the rise of the Millennials (25-39 years old, 5.4 million people), who are set to overtake Baby Boomers (55-74 years, 5.4 million) as the largest generational group in Australia.
“Millennials have the greatest spending power – they’re starting to move towards the peak of their earnings potential – and the Baby Boomers are starting to phase out,” says Retail Doctor Group chief executive Brian Walker.
Over the past 10 years, Millennials have risen from 20.4 per cent of the population to 21.5 per cent in 2021, while the once-powerful Boomers have fallen from 25.4 per cent to 21.5 per cent.
Millennials are already the biggest-spending consumers, in bricks and mortar stores and online, and are moving into a phase of their lives when they are likely to spend even more as they buy and renovate homes and start families.
Combine them with Generation Z (10-24 years), which represents 18 per cent of the population, and these two cohorts will be a powerful force in the retail sector.
Good news and challenges
According to Afterpay research, Millennials and Generation Z account for 36 per cent of total retail spending. They are forecast to account for 48 per cent by 2030, when more Zoomers will have entered the workforce.
“Millennials should have money and they’re slowly moving into the big-spending area of their lifecycle,” says Simon Kuestenmacher from The Demographics Group.
“Over the next 10 years, the single year of age that will see most growth is the 42-year-old, and that’s great news because that’s approximately the time of your life when you spend the most money.”
While the rise of the Millennials and Gen Z is generally good news for retailers, differences between these generations and the Baby Boomers and Generation X could pose some challenges.
Millennials and Zoomers are digital natives – the first generations to grow up with internet connectivity and, in the case of gen Z, smartphones – while Baby Boomers and Gen X are digital immigrants.
Millennials and Zoomers are avid online shoppers and are heavily engaged with social media. According to Finder research, Millennials spent an average $308 a week online last year and Zoomers $282 a week (figures no doubt boosted by lockdowns), while ageing Boomers spent a paltry $54 a week online.
Their growing influence is likely to further fuel the shift towards online shopping, which accelerated during the pandemic. It accounts for more than 10 per cent of total retail spending and is forecast to reach 20 per cent.
Big retailers have adopted an omnichannel approach and are capturing a share of online spending, but the digital shift poses an existential threat to small and mid-sized retailers that lack a compelling digital presence.
“It has implications for every single main street in Australia. Those little shops operate on margins of 10 to 20 per cent max, so if your sales are down 20 per cent you don’t open your shop any more,” Kuestenmacher says.
As more consumers shop online, the cost of the last mile – delivering online purchases to homes – will also become more of an issue. Big retailers and start-ups are already subsidising the cost of delivery to win customers, making online margins lower than bricks and mortar margins.
The rise of the Millennials and Zoomers is also likely to force retailers to lift their green credentials and sustainability game.
According to a recent Bain study, 18- to 34-year-old consumers in the Asia Pacific region were more likely to identify as being environmentally and socially conscious (17 per cent of respondents) than those aged 35 to 59 (13 per cent) and those aged 60 and older (11 per cent).
“They’re conscious of their social footprint and conscious of environmental concerns and the origin of products,” says Retail Doctor’s Walker. “They’re also more into hiring and renting for short-term purchases … and they aren’t as conspicuous in their consumption as Baby Boomers.”
Generational shift also has big implications for hardware retailers. As the cost of homes soars, Millennials and Zoomers are less likely to buy houses and more likely to buy apartments or rent, thereby spending relatively less on home improvement products.
According to the census, two-thirds of households (66.0 per cent) own their home outright or with a mortgage, down slightly from 1996 (67.8 per cent). The proportion of households that own with no mortgage has dropped sharply, from 41.6 per cent in 1996 to 31 per cent in 2021. A growing number of homeowners – more than 2.5 million or 10.3 per cent – live in apartments.
Homeowners with a mortgage are by far the biggest retail spenders, accounting for 48 per cent of retail spending, according to MST Marquee, while renters account for 27 per cent. Owners without a mortgage, predominantly Baby Boomers and pre-Boomers, account for 25 per cent of spending.
Kuestenmacher believes that over the next 10 years, more Millennials will move from renting to owning, providing a fillip for home improvement and furniture retailers.
“Over the last decade we had the biggest generation, the Millennials, in the renting phase of their lifecycle,” he says. “Over the next 10 years, as Millennials form families … that means they move from the highest renting phase into the home ownership phase.”
Hardware retailers have seen the writing on the wall and are adjusting their offer to meet the needs of Millennials and Zoomers, whether owners or renters.
Retailers are stocking portable storage products, removeable renovation products such as stick-on picture hooks and bathroom accessories, and responding to a surge of interest in upcycling vintage furniture. They’re also using social media channels such as YouTube to educate and inspire new generations of DIYers, who lack the handyman skills of their Boomer parents.
Speaking at a global DIY summit in Denmark last month, Bunnings chief Mike Schneider said the hardware behemoth would increasingly use influencers and bloggers, boost its presence on YouTube and develop apps to help younger people improve their living spaces.
“Just as we got our collective minds around Millennials, along came Generation Z,” Schneider said. “We believe Gen Z have defined attitudes and preferences that will require a reimagining of the DIY shopping experience.
“Today, they are infrequent purchasers of DIY products … and whilst that’s probably not too surprising given most still live at home, it means there are fantastic opportunities to connect and engage and inspire them around all things DIY.”
The changing face of Australia also has implications for food retailers. While population growth has slowed, due mainly to lack of immigration during the pandemic, we’ve become more culturally diverse.
According to the census, almost half of Australians have a parent born overseas (48.2 per cent) and 27.6 per cent were born overseas. India has moved past China and New Zealand to become the third-largest country of birth behind Australia and England.
The big supermarket chains have doubled their range of international foods over the past decade and are increasingly tailoring ranges to better suit community needs. But specialty Asian, Indian and Middle Eastern grocers continue to thrive, underlining the strength of demand for authentic ingredients.
Walker says the major chains need to do more, and staffing needs to better reflect the diversity of local communities. “It takes more than putting local cuisine on the shelves … it’s about aligning oneself with that community at every level and having a genuine knowledge of the product, understanding its origin, how it’s prepared and when it’s eaten,” he says.
Generational shift will inevitably lead to a change in leadership at major retailers, most of which are run by Baby Boomers – think Gerry Harvey and Katie Page at Harvey Norman, Solomon Lew at Premier Investments, Steven Cain at Coles, Brad Banducci at Woolworths, Terry Smart at JB Hi-Fi, and Myer’s John King – and Gen Xers such as Premier’s Richard Murray, Wesfarmers’ Rob Scott and Don Meij at Domino’s.
“Many are not too far off retirement age,” Walker says.
It’s simplistic to say retailers have to be Millennials to understand their Millennial customers. But the next generation of retail leaders will undoubtedly bring a new mindset to retail.
“They’ll be more tech savvy, more invested in business information systems, data and fulfilment and logistics,” Walker says. “They’ll think about retail differently.”
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Tim Cook has been the Chief Executive Officer at Apple for over a year now, taking over after the death of Steve Jobs. Cook sat down with Businessweek and talked about his experiences and company changes during his freshman year as head of the company. In the 11-page interview, Cook talks about the rocky departure of Scott Forstall, the future of the Apple TV and the debacle of Apple Maps. Speaking of Maps, Cook confirmed that Apple dropped Google-backed Maps because it wanted to do more with Maps than Google was allowing them to do.
We wanted to provide the customer turn-by-turn directions. We wanted to provide the customer voice integration. We wanted to provide the customer flyover. And so we had a list of things that we thought would be a great customer experience, and we couldn’t do it any other way than to do it ourselves.
Maps, though, turned out to be harder than Apple expected and the company missed the mark. “We set out to give the customer something to provide a better experience. And the truth is it didn’t live up to our expectations. We screwed up,” said Cook.


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All UK betting shops will remain closed until further notice to control and slow the spread of the Coronavirus. This is part of the Government’s safety measures to ensure social distancing, thus shutting down social and leisure establishments such as cafes, pubs, museums, cinemas, casinos, restaurants, etc.
Last night, the Prime Minister issued a statement of national emergency, restricting people to stay at home with the only exceptions of exercise (for one hour per day), shopping for essential items and fulfil medical care, and travelling to work when necessary.
The lockdown is in place for the foreseeable future, with betting shops remaining closed until the end of April in the best-case scenario.
British chancellor Rishi Sunak announced measures that could help the hundreds of affected businesses survive the COVID-19 pandemic. The Government offered to pay 80% of wages for employees who would have been fired, up to £2,500 a month. VAT payments have been pushed back until June, and self-employed individuals will be paid as someone on Statutory Sick Pay.
The British Horseracing Authority (BHA) welcomed their efforts to save the industry. The BHA was lobbying for protection of the entire racing industry from the very start of the pandemic when they canceled all events at least until April.
Racing professionals like group 1-winning trainer Michael Dods expressed their satisfaction with the intervention that could save thousands of businesses and employees.


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SOMALIA: Fire erupts in Berbera Port
BERBERA (RBC Radio) Heavy fire broke out at the container services terminal of Berbera Port on Sunday night in what authorities described as explosion from an acid container in the port.
According to workers and officials at the port, the explosion resulted huge ablaze which spread into other containers at the dry port.
Initial estimation reveals that dozens of containers with goods and commodities were left into ashes, causing millions of dollars of loss.
Authorities are expected to release the official damage caused by the fire in the port.
The management of the Red Seas port has been out under the UAE-owned Dubai Ports World which won in a lease agreement of 30 years.


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This week, a group of Ugandan tour operators raised alarm after failing to secure Visas to travel to South Africa to sell Uganda’s tourism at the 2019 Travel Indaba, Africa’s biggest travel trade expo.
The concern ruffled feathers even within government circles, understandably so, at a time when the country is investing heavily in marketing its tourism, Uganda’s biggest source of foreign revenue, to the world.
Amos Wekesa, the proprietor of Great Lakes Safaris, whose staff (planning to attend Indaba) had also been denied the Visa took to Facebook to vent his anger towards the South African High Commission in Uganda. He said it was an economic sabotage by South Africa which continues to reap big from Uganda through S.African companies doing business in Uganda yet the same is not true for Uganda.
In the same post, he proposed that Ugandans boycott South African companies like MTN Uganda, Stanbic bank, Eskom, Shoprite among others that operate in the country as well as for government to enforce terms as strict as those by South Africa, for their nationals to acquire a Ugandan visa.
The post attracted numerous comments, many highlighting the fact that the problem (of denial of South African Visas) is not new neither is it restricted to just tour operators but ordinary Ugandans traveling to South Africa. It is an issue most government officials have commented on in the past, but nothing has changed.
Whereas some people on Facebook downplayed the significance of the latest incident, Wekesa explains that it has far reaching implications for Uganda as a whole as well as the country’s place in global trade.
“On Tuesday, a number of tour operators called me saying they’re stuck, they didn’t know what to do. At first, I said to myself ‘i think I have no solution here’. That’s when I decided to post on Facebook,” Wekesa told some reporters at the Great Lakes Safaris offices in Kampala on Thursday.
He said the incident carries several lessons regarding Uganda’s involvement in global trade.
“Ugandans are struggling with poverty because we are not trading with the rest of the world. Visa is the biggest non-tariff barrier this country has got,” he said.
“If I’m an English person and I’m dealing in tourism, I simply wake up go to another country, do business and go to another country. But in my case, a Ugandan businessman, you are tying me up and telling me to compete”.
He says it is disturbing that South African companies make about USD 600m in Uganda annually but Ugandan businesses get stiffled to tap into the South African market.
“How many Ugandan companies are operating in South Africa? In our case, the lowest hanging fruit would be tourism. How many South Africans visit Uganda? Instead we are more concerned with how many Ugandans are flying to South Africa”.
About 33,000 to 35,000 Ugandans go to S.Africa as tourists annually and each of these spends USD 2,000 on average, he said.
Why is Indaba important?
Wekesa ranks the Travel Indaba held in South Africa every year as the most important international travel expo after ITB which is held in Berlin Germany and World Travel Market (WTM) held in London.
Wekesa says Indaba is especially the most significant trade fair for any tour operator who is doing business in Africa. When international travel wholesalers like Thomas Cook come to Indaba, they only focus on selling Africa.
“So anyone who positions themselves there (at the Indaba expo) is going to tap into business. For South Africa, every province is represented individually and they are doing business”.
“For us as Uganda, we also tag along with South Africa, to make sure we fight for business. If we don’t appear there, it means we are going to lose business”.
In further explaining the significance of Indaba to a Ugandan tour operator compared to say ITB or WTM, Wekesa says the wholesalers who bring business to Africa dedicate more time to African destinations, at the Durban expo.
“If I’m an American tour operator (wholesaler) and I go to ITB, I’m looking for a guy selling Myanmar, Spain, Equador, so I have very little time to sit and discuss with you a particular destination called Uganda,” Wekesa shares.
He says that on average, a meeting (between tour operators) to pitch a destination in Africa will last 10 to 20 minutes at ITB as compared to Indaba where such a meeting will last in the range of 30 minutes to an hour.
“You have more time. But at the same time, you have an opportunity to meet these guys (wholesalers) while they are hanging in the evening. Over a drink, you’ll exchange cards. The next day, you’ll also hangout with another group and do business”.
He says that Indaba is a very significant platform to the extent that missing out a mere day could cost you ten potential clients.
However, the failure by Ugandan tour operators to secure Visas (from the South African embassy) does not only deprive them of potential business at the expo. It also comes with hefty cost implications.
Wekesa shares that to exhibit at Indaba costs Great Lakes Safaris £3,500 for a stall (if you are exhibiting under African Tours and Travel Association), in addition to USD 1,000 for accommodation, USD 700 on a ticket, which comes to about £5,000. And the accommodation fees as well as booking the stands, are paid in advance.
Luckily for Great Lakes Safaris, a day later, they managed to acquire the Visa.
“So we were going to lose about Shs 20m to South African businesses. But because we got the Visa today, now that the fair began today, it means we have lost this day. And we’ve missed about 10 appointments of very good business which is extremely very sad”.
“But the cry is not just tourism. It’s about how they are treating Ugandans”.
He argues that by failing to place the same stringent conditions on South Africans traveling to Uganda, the Ugandan government has done a disservice to the citizens.
“How can people be making over USD 600m every year, and you are giving them softer conditions? No! Whatever conditions they give us, the government should do the same because they benefit more than we benefit from them”.
When these tourists are finally drawn to Uganda by the private tour operators, Wekesa explains, government too benefits in terms of taxes. This is in addition to the numerous other players (transporters, telecos, farmers, accommodation facilities, security, restaurants, tour guides artists who sale artefacts) along the value chain that give services to tourists.
A similar observation on the issue was made by Richard Kawere, the technical director of Uganda Tourism Association (UTA) who termed it as disheartening.
“Hearing about the denial of Visas to the tourism fraternity to go and exhibit and carry out business in South Africa was so disheartening. This isn’t the first time it is happening. It happened last year. We have had three meetings with the South African High Commission, but we have not had good results,” Kawere said on Thursday.
“We want to send a strong message to our counterparts in South Africa that this is counterproductive and does not demonstrate reciprocity that Uganda has given South Africa from the time of Apartheid”.
He said that not everyone going to South Africa is going there to stay. “People are going to do business. When South Africans come to take part in our exhibitions, they are coming to do business”.
He says an expo like Indaba attracts many countries across the world which means it is a unique opportunity with immenae potential for business.
“South Africa is one of the leading economies in Africa. When there is a trade show in South Africa, many travel traders from potential source markets are there. So it is easy and cheaper for Ugandans to tap into this trade. When you deny them Visas, then you are denying them an opportunity,” Kawere said.
Uganda and global trade
Amos Wekesa says the debate shouldn’t just be about South Africa but all other countries where Uganda has an embassy. He says government should secure opportunities for the business community.
He also commented on what he termed as Uganda’s skewed way of looking at trade especially on the global scale. Wekesa expressed disappointment that the President has not effectively incorporated the private sector business community in his foreign trips as some regional Heads of State do.
“Uganda will go and rescue South Sudan, Congo, Burundi and Somalia from challenges. When the President of Uganda is visiting South Sudan, he will go with an army commander and other people who won’t bring business,” he shared.
“But when the President of Kenya is going to a country he has not rescued, the whole plane is full of business people. He’s opening routes for the airline, asking for hotels to be set up… etc”.
“Here (Uganda), you are going with people who have completely nothing to contribute to the growth of the nation. And you are going there to give speeches and come back. And you are using tax payers’ money. No! I think the President should change how he looks at these things”.
And even ahead of such trips, Wekesa adds, it is important that the Ugandan private sector briefs the President on where their interests lie. That way, he (President), he is appraised with the key talking points during the bilateral discussions that are of mutual benefit.


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We seem to be in the middle (or the start) of an NFT craze. But however you want to put it, Twitter wants to capitalise on it.
In a tweet back in September, Justin Taylor, head of consumer product marketing for Twitter, shared what the platform was working on in the NFT space.
Here’s a sneak peek👀 on what we’re working on for NFT profile verification.— Justin Taylor (@TheSmarmyBum) September 29, 2021
What do you think? pic.twitter.com/Z8c6tH3BBy
Taylor’s tweet showed that Twitter could soon be allowing users to add NFTs to their profile.
Well, on Friday, Twitter went ahead with this threat.
gm!— Twitter Blue (@TwitterBlue) January 20, 2022
You asked (a lot), so we made it. Now rolling out in Labs: NFT Profile Pictures on iOS pic.twitter.com/HFyspS4cQW
Did we really ask for this, Twitter?
This feature is limited, however. Only those with a Twitter Blue subscription will be given the opportunity to show off their NFTs. So if someone has a hexagon profile pic, you will know three things: 1. they pay for Twitter, 2. they have at least one NFT and 3. they use an iOS device.
The fourth, if you want another, is who you will likely block next.
As far as technical specs go, Twitter can currently only support static images (JPEG or PNG) minted on the Ethereum blockchain. To upload your NFT as your profile picture, you must temporarily connect your Twitter account with your crypto wallet. According to Twitter, the NFT profile picture feature only supports the following crypto wallets: Argent, Coinbase Wallet, Ledger Live, MetaMask, Rainbow, and Trust Wallet.
Head over to that Twitter thread to learn how to add your NFT, if you want.
In addition, on Friday, Twitter super-user and Tesla CEO Elon Musk said the new feature was “annoying” and “bs.”
“Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread!?” Musk wrote on Twitter.
This is annoying pic.twitter.com/KAkDl29CTX— Elon Musk (@elonmusk) January 21, 2022
The move from Twitter to become the “social network for the discovery, conversation, and education around NFT, blockchain, and crypto technology” (as Esther Crawford, the Twitter product lead in charge of the NFT profile picture feature rollout, told the Wall Street Journal) is hardly surprising considering @jack has long been a supporter of bitcoin, so much so that his bio on the platform simply reads #bitcoin.
Heck, back in July, Dorsey went so far as to claim that bitcoin — a cryptocurrency with some pretty questionable environmental impacts — could be the key to world peace.
The now-former CEO also tweeted previously that bitcoin would unite the United States.
#Bitcoin will unite a deeply divided country.— jack⚡ (@jack) August 9, 2021
(and eventually: world)
So the dude who paid $US2.9 million (just over $4 million) for ‘just setting up my twttr’ might be able to show everyone he owns it, now Twitter is pushing out this new feature that literally no one asked for.
This article has been updated since original publication in September to show the feature is now being rolled out. An additional update was made on January 22. This post was contributed to by Jody Serrano.


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November marks the 20th anniversary for Lakeshore Logistics Inc., an industry leader in supply chain and logistics management within the transportation industry. Since its inception, the company has helped customers streamline distribution channels, ensure profitability and has grown to serve hundreds of customers worldwide.
“This is an exciting milestone, and we are proud of what we’ve accomplished in the past 20 years,” said Ed A. Caruso, co-founder of Lakeshore Logistics. “From our humble beginnings to a powerful player in the global supply chain market, we have remained committed to helping our customers identify savings and service opportunities, particularly in a competitive marketplace.”
Unlike many logistics companies that own assets, Lakeshore Logistics doesn’t own a single warehouse, truck or trailer. The company uses a proprietary, data-drive approach to solve common transportation supply chain challenges. The company’s no-nonsense approach has helped businesses of all sizes quickly achieve bottom-line results.
“Our solutions are entirely customer focused and our longevity speaks to that dedication,” said co-founder Gina Valenzeno. “We believe in leading the industry with innovative solutions, serving as an extension of our clients and continually providing tremendous value.”
Caruso and Valenzeno began with a focus on logistics consulting, with tailored solutions to optimize clients’ networks. The company’s expertise expanded to include a core carrier program designed to reduce costs, improve service and gain a competitive edge. In 2007, Lakeshore Logistics began actively providing transportation and supply chain management services for Healthcare Systems.
The team is no stranger to shifting political climates, economic downturns and recessions. However, the focus remains on supporting clients with data-driven, fact-based solutions that help reduce cost and improve service. According to Caruso, the team is keeping a close eye on labor disputes that have the potential to cause major market disruptions.
“We will remain successful when we maintain focus on delivering results to our clients,” added Caruso.
The company was founded in 2003 in Cleveland, Ohio by partners Gina Valenzeno and Ed A. Caruso. The company specializes in assessing distribution networks, finding ways to reduce costs, improve service and help clients gain a competitive edge in a complex market. Since inception, the company helped hundreds of middle-market clients navigate pandemic disruptions, shifting consumer demands and countless other disruptions that impact transportation and logistics.


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British chip maker Imagination Technologies sees shares rise as it swings into profit but bitter dispute with 'unethical' Apple continues
- Imagination's shares plummeted 60% in March due to dispute with Apple
- Today chip-maker reported pre-tax profits of £2.4million in the year to April 30
- Shares climbed 7% to 153.50p as traders welcomed the results
- Imagination said it is in 'preliminary discussions' with potential bidders
Shares in British firm Imagination Technologies rose this morning after it reported swinging into profit this year as a bitter dispute with Apple rumbles on.
Imagination's shares plummeted 60 per cent in March when the company's largest customer by far Apple said it would no longer use its graphics processing units in watches, iPads and iPhones.
Shares in British firm Imagination Technologies rose this morning after it reported swinging into profit this year as a bitter dispute with Apple rumbles on
Today shares recovered 7 per cent to 153.50p as traders welcomed the final results which saw group revenue rise 19 per cent to £145.2million.
Imagination also revealed it is now in 'preliminary discussions' with potential bidders for the company.
Boss Andrew Heath praised the company's financial performance but lashed out at Apple, calling its behaviour 'unethical'.
Imagination said in statement: 'Apple has not presented any evidence to substantiate its assertion that it will no longer require our technology, without violating our patents, intellectual property and confidential information. This evidence has been requested of Apple, but they have declined to provide it.'
'We believe that it would be extremely challenging to design a brand new graphics processing unit architecture from basics without infringing our intellectual property rights, accordingly we have not accepted Apple's assertions.'
'Apple made an unsubstantiated claim, which obliged us to inform the markets, leading to a significant decrease in our share price. '
'The claim has led us to invoke a contractual dispute resolution procedure and has created significant uncertainty with respect to our business, including our employees.'
Boss Andrew Heath praised the company's financial performance but lashed out at Apple, calling its behaviour 'unethical'
'We do not believe this to be acceptable business practice nor in line with Apple's own ethics statements regarding suppliers.'
Mr Heath said: 'We improved our financial performance across the business. We returned the business to profitability and saw good cash generation despite the outflow from the now discontinued businesses'.
'However, Apple's unsubstantiated assertions and the resultant dispute have forced us to change our course, despite the clear progress we have been making.'
Apple's royalty payments and licence fees brought in £60.7 million in revenues in the year to April 30, accounting for half of Imagination's total sales.
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The day has finally arrived - the day when Samsung unveils its brand new Galaxy S21 flagship smartphone. If you want to be part of the unveiling event, you can join the livestream – and in this article, we tell you how.
"Welcome to the Everyday Epic" – is the claim that Samsung has made for the 'Unpacked' event today. This event will be streamed live across the globe and by the end of it, we will know everything we need to about the Galaxy S21 series. This year, as you already know, Samsung is early with its flagship release, which pretty much makes it the first flagship smartphone of 2021.
Of course, there has been a lot of leaks in the run-up to this year's event, so you probably already have a pretty good idea of what the new smartphone series will look like. However, if you want to be on the safe side about what Samsung has in mind for its top-of-the-line smartphone this year, you'd better be there at 10am EST / 7am PST / 3pm GMT / 4pm CET when the tech giant unveils its new hardware. Since we are used to it by now, this event will take place in a 100% virtual manner, allowing all of us to be there over a livestream.
You can also enjoy the spectacle directly via Samsung's site, or to make life even easier, you can take the YouTube route of which we've also embedded directly for you here:
In addition to the Galaxy S21 lineup of smartphones, we're expecting some more hardware, such as a separately available S Pen for the new high-end model at the very least. What else will the South Koreans pull out of their proverbial hat today? That's the million-dollar question of which we will find out in great detail in a few hours' time.


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Passenger vehicle (PV) and commercial vehicle (CV) companies did well in FY23 as two-wheelers (2W) and tractors were muted but growth is likely to moderate for most segments in the new financial year, said experts.
The PV industry will close FY23 with a 24 per cent growth rate touching 3.8 million units, marking a record year, according to ICRA. Shamsher Dewan, senior vice president and group head—corporate ratings at ICRA, said that after a lull in PV sales during the pandemic, there was pent-up demand.
“This has been largely addressed during this year and now there is a healthy inventory with dealers,” Dewan told 'Business Standard'. Some moderation in demand is expected in the coming fiscal.
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World Food Day aims to emphasise the crucial importance of food sustainability and security around the globe. One of the critical issues affecting the safety of our food supply is contamination from pests. These cause serious health hazards by spreading diseases and damaging food products. Hence, it is essential to understand the impact of pests on food safety and the role pest control companies play in mitigating their effects. While some insects and microbes are classified as pests due to their detrimental effects on crops, many others play a vital role in promoting plant health and, in turn, human nutrition. Understanding the intricate relationship between these organisms and their food preferences is paramount to harnessing their potential for sustainable food production.
Food contamination from pests poses a significant threat to public health. Rodents, cockroaches, and flies are common carriers of harmful bacteria, viruses, and parasites, which can contaminate food and result in foodborne illnesses. These illnesses can range from mild gastrointestinal discomfort to severe symptoms that can be life-threatening, especially for vulnerable populations such as children, the elderly, and those with weakened immune systems. In addition to health risks, pests also contribute to food waste. When pests infest food storage areas, they consume and contaminate large quantities of food, rendering it unfit for consumption. This leads to significant losses for farmers, suppliers, and consumers alike, exacerbating the already dire issue of food scarcity and insecurity in many parts of the world.
FAO estimates that annually, up to 40 percent of global crop production is lost to pests. Each year, plant diseases cost the global economy over $220 billion and invasive insects at least $70 billion. Twenty percent of the world’s food supply is believed to be contaminated by rodents, according to the International Food Safety and Quality Network. Whether in a food warehouse, processing facility, or storage facility, one of the largest threats rodents poses is the actual damage they cause to the food. Rats are capable of consuming 30 grammes of food each day, meaning 50 rats in a food facility can demolish 23 pounds of food per week. Regrettably, it is not just the direct feeding that causes problems; any products near the direct feeding are also at risk of contamination.
Exterminators PLC, in technical collaboration with Sentario UK Limited, designed, developed, and articulated the PACCP model and strategies. ‘The five-force model in preventive pest management’ begins with the identification of the pest species, investigation and analysis of the risk and hazard, implementation of pest containment strategies, non-chemical pest management, followed-up chemical strategies if required, and continued monitoring to prevent reinfestation. While pests pose a significant threat to food safety and security, through proper pest management strategies, we can reduce the risks of food contamination and waste. World Food Day serves as a reminder of the work that still needs to be done to ensure everyone has access to safe and nutritious food. By recognising the vital role pest control companies play in mitigating the impact of pests on our food supply, we can move closer to achieving food security and sustainability on a global scale. In conclusion, acknowledging the intricate food preferences of beneficial insects and microbes and the feeding habits of insect pests is essential for fostering sustainable food production systems. By harnessing the trophic interactions of these organisms, we can minimise ecological harm, maximise crop yields, and contribute to the nourishment and well-being of both people and the planet.
By Marlon Ferreira – MD – The Exterminators PLC


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P&O: Economic Slump To Affect Future Revenues
Thursday, August 16, 2001
P&O Nedlloyd said on Thursday that global economic slowdown was expected to affect future revenues, as the container shipping group posted a slight rise in second quarter operating profit.
P&O Nedlloyd - a joint venture between Peninsular & Oriental Steam Navigation Company Plc (P&O) and Koninklijke Nedlloyd Groep - said operating profit for the quarter rose to $46 million from $44 million a year ago.
Overall volumes rose four percent from last year, but the average revenue rate fell four percent.
"Slower growth in world trade and new capacity entering the market are expected to adversely impact future load factors and revenue," the group said in a statement.


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Bryan Gentry of the Lynchburg News & Advance covered a recent hearing of the Bankruptcy Court overseeing the Peanut Corporation of America (PCA) bankruptcy. Mr. Gentry noted that “[m]ore than a year after a nationwide salmonella outbreak, victims and surviving relatives have not received any money in insurance policies held by [PCA] that a bankruptcy
Jeffrey Gold, AP’s "E. coli guy," in New Jersey filed the story that had been rumored about for weeks about Topps Meat Company’s Chapter 7 Bankruptcy. Topps has up to 10,000 creditors (including several of my clients) and liabilities of up to $100 million, according to its Chapter 7 filing in U.S. Bankruptcy…
Over 200 sickened and at least 4 deaths are attributed to eating E. coli contaminated spinach. Now we are seeing the results as consumers turn away from a product that the Spinach/Lettuce industry could have made safer.
Salad plant will close after spinach scare; 200 out of job (Associated Press)
A northern Indiana…
Five lawsuits have already been filed against the Chi-Chi’s restaurant chain over a hepatitis A outbreak that has killed three people and sickened more than 600, and scores of other lawsuits are likely to follow.
But legal experts say two key issues facing the company could determine whether victims and their families get the settlements they seek: insurance and bankruptcy.
The Mexican restaurant chain filed for Chapter 11 bankruptcy protection on Oct. 8, citing cash flow problems, a month before the hepatitis outbreak was confirmed.
On Friday, a bankruptcy judge gave limited approval to Chi-Chi’s plans to begin paying some expenses for those sickened in the outbreak – up to $20,000 per claim. He did not, however, fully approve Chi-Chi’s plan to pay $500,000 on an insurance deductible so the company could tap into as much as $51 million in liability insurance it may need to settle claims. A hearing is set for Tuesday on the matter.


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Twitter founder Jack Dorsey's net worth dropped by more than $500 million after US short seller Hindenburg targeted his payments company Block
The US short seller alleges Block — formerly known as Square — misled investors "with inflated metrics" and facilitated fraud.
Warren Buffett's planned successor plows $25 million into Berkshire Hathaway after the investor prods him to buy more stock
Greg Abel has boosted his Berkshire stake after Warren Buffett declared his successor would keep a big chunk of his net worth in the company's stock.
Elon Musk is once again the richest person in the world
Elon Musk is back atop the list of wealthiest billionaires, Bloomberg reports, trailed by luxury mogul Bernard Arnault and Amazon founder Jeff Bezos.
The Obamas' net worth: How Michelle and Barack Obama make their money
Barack and Michelle Obama have a net worth of at least $70 million. The former president and his wife earn it from public speaking, books, and more.
Meet the Hunt dynasty, owners of the Kansas City chiefs, and one of the richest families in America
The Hunt family, who own Super Bowl LVII champs the Kansas City Chiefs, are worth about $15.5 billion thanks to investments in oil and real estate.
The 10 richest people in the world have seen their combined fortunes swell by $140 billion in just 6 weeks - more than Starbucks' entire market value
Tesla's Elon Musk and Dior's Bernard Arnault are among the top 10 billionaires whose combined wealth has jumped in the first weeks of 2023 as company shares rose.
Gautam Adani lost $52 billion in 6 days. That's over 3 times what Sam Bankman-Fried lost in a similar timeframe.
The decline in Adani's net worth is the most serious in terms of its scale and speed of decline since Bloomberg started tracking billionaires in 2012.
Mark Zuckerberg's net worth spikes a record $12.5 billion as Meta's cost-cutting plans send shares soaring
The climb in Meta's share price on Thursday morning boosted Zuckerberg's net worth by roughly $12 billion, to around $70 billion.
How Meta creator Mark Zuckerberg makes and spends his $65 billion fortune, from Italian sports cars to millions in Hawaii real estate
Meta's Mark Zuckerberg spends his billions on mostly charity and real estate, like a San Francisco home that he just sold for $31 million.
I increased my net worth by $30,000 in 6 months by sticking to 3 money rules
Even though she never made more than $40,000 a year, her net worth increased thanks to dedicated saving, investing, and smart debt management.
Elon Musk has lost so much money that the Guinness World Records recognized him for the 'largest loss of personal fortune in history'
By one estimate, Musk lost as much as $200 billion in about a year, largely due to plummeting Tesla shares. Now, that's earned him a new world record.
Elon Musk's net worth has plummeted $124 billion in 2022, bringing his fortune to a 2-year low
Falling Tesla shares have put Elon Musk's fortune at $148 billion. His wealth peaked at $340 billion last year.
World's richest man Elon Musk's wealth has taken a $100 billion hit in 2022, thanks to plummeting Tesla shares
Elon Musk's net worth has sunk by $100.5 billion in 2022, the most of anyone on the Bloomberg Billionaire's index, after peaking at $340 billion last year.
Bob Iger is back at the helm of Disney after less than a year in retirement. Here's how the media titan makes and spends his fortune.
In a stunning shakeup, Bob Iger is back as Disney CEO less than a year after he retired. Here's a look at how he got here and how he spends his money.
US tech billionaires made a record $59 billion after Thursday's market rally, granting respite from a very bad year for tech stocks
Jeff Bezos made a whopping $10.5 billion in just one day — highest among the 32 US tech billionaires on the Bloomberg Billionaires Index.
Thirty-year old crypto tycoon Sam Bankman-Fried was worth $16 billion. 94% of that was wiped out in just one day.
SBF saw his massive fortune annihilated on Tuesday in what may have been the biggest single-day drop in net worth ever among billionaires.
Meta got bumped off world's top 20 companies' list, thanks to Zuckerberg's relentless metaverse pursuit
Meta's share price tanked nearly 25% on Thursday, taking its market cap down to $263 billion. It is now the world's 27th most valuable company.
Elon Musk just bought Twitter for $44 billion but he's still the richest person in the world. Here's how the Tesla and SpaceX CEO makes and spends his $212 billion fortune.
Elon Musk's net worth has soared since onset of the pandemic. And even when he loses billions, he's still significantly wealthier than Jeff Bezos.
Zuck refuses to let his metaverse dream die. Wall Street has finally had enough.
Shares slumped more than 22% Thursday to trade at $101.02, as the tech giant hit its lowest price since 2016.
A year ago, Mark Zuckerberg rebranded Facebook as Meta to 'bring the metaverse to life.' His net worth has since collapsed from $118 billion to $37 billion.
Meta stock plunged 23% on Thursday morning after the company's earnings miss Wednesday, further hammering Zuckerberg's wealth.


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"The company has received final approval from the US Food and Drug Administration (USFDA) to manufacture abacavir sulfate and lamivudine tablets, 600 mg/ 300 mg," Aurobindo Pharma said in a BSE filing.
The company said the product is being launched immediately.
The approved product is AB rated generic equivalent of VIIV Healthcare Company's Epzicom tablet. It has an estimated market size of USD 388 million for the 12 months ended December 2016, Aurobindo Pharma said, citing market research reports.
This is the 108th ANDA (including 20 tentative approvals) approved out of Unit VII formulation facility in Hyderabad, used for manufacturing oral products.
Aurobindo now has a total of 314 ANDA approvals (276 Final approvals including 16 from Aurolife Pharma LLC and 38 tentative approvals) from USFDA.
The stock of Aurobindo Pharma was trading 0.98 per cent higher at Rs 678 on the BSE. SVK JM
A presentation made to the National AEFI (adverse event following immunisation) Committee on March 31 recorded that there had been 180 deaths till that time and three-fourths of the deaths happened within three days of the shot.


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Ms Sandberg was lured from Google in 2008 to become Facebook's chief operating officer. Besides being the first woman, she is the first executive other than founder and CEO
People had called for the company to add women to its board ahead of its initial public offering of stock in mid-May.
In announcing the move on Monday, Facebook Inc didn't say whether it came in response to calls to add women. But as the number two to Mr Zuckerberg, she is a logical choice.
"Sheryl has been my partner in running Facebook and has been central to our growth and success over the years," Mr Zuckerberg said in a statement. "Her understanding of our mission and long-term opportunity, and her experience both at Facebook and on public company boards makes her a natural fit for our board."
Ms Sandberg has been largely responsible for building Facebook's advertising business. She also often serves as Facebook's public face, appearing at conferences and important meetings, while Mr Zuckerberg often prefers to stay in the background and focus on Facebook's products.
Her appointment is somewhat symbolic. She is already a highly influential executive at Facebook and that's unlikely to change with her board appointment. That said, Mr Zuckerberg still controls Facebook and its board through more than half of its voting stock, which also won't change with her appointment.
Ms Sandberg, 42, joins Mr Zuckerberg, Netflix chief Reed Hastings and entrepreneurs


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19 Feb 2015
Prithwijit's video introduces you to our March 10th think tank. This event will consider how the recorded music industry is currently collecting and using data to support a historically subjective process of signing new artists, and will go on to look at the potential of smart data for the wider industry...
15 Jan 2015
With a New Year upon us, there can be no doubt that the pace of innovation and change so evident across large swathes of the music industry landscape in 2014 will continue apace, and necessarily so. With innovation in mind, it’s perhaps fitting for this first MusicTank newsletter of 2015 to highlight plenty of new MusicTank activity scheduled over the next few months...
12 Jan 2015
There is little doubt in my mind that the high level of physical consumption is still a factor governed by the need for people to give music at Christmas, which is not adequately catered for in anything other than the physical form.
12 Nov 2014
Artists and managers must ultimately decide what’s right for them, and its within their gift to deny any platform content but clarity of approach is essential if it’s not to give consumers a mixed message, which is not in anyone’s interests. There are encouraging signs from some quarters that streaming platforms are growing their revenue generating capabilities - it just needs to flow through more equitably and transparently to the artist.
09 Oct 2014
Whilst the environmental debate regarding global warming ebbs and flows on a near-daily basis, the issue of energy consumption of the storage, transmission and consumption of data – itself exacerbated by the explosion in cloud storage and cloud computing – appears to be more conclusive...
04 Sep 2014
"In the recent past, government advisers have sometimes fallen into the trap of seeing the protection of intellectual property and content as a barrier to the growth of technology. I think that perception is changing for the better - creative content drives technology growth, but without support, investment and protection, it will suffer, and the industries that depend on it will suffer, and that includes technology."
16 Jul 2014
Technology and music - historically, it’s been a difficult marriage. The rapid growth of digital represents an evolutionary leap, impacting creation and production through to distribution and consumption and it feels like we’re now at a cross roads, with one direction signposting incredibly exciting, viable and sustainable new opportunities; the other pointing to a single track road dominated by the on-coming tech-orientated juggernauts of Google, Apple and co. who show little sign of giving way.
15 May 2014
There is a seductive myth in the online world that some content is free. There are large commercial interests in perpetuating this myth and much misunderstanding stems from it...
08 Apr 2014
Byrne’s recent post, ‘How Will The Wolf Survive: Can Musicians Make A Living In The Streaming Era’ is a very welcome intervention in the streaming debate. He not only takes time to respond to critics of his earlier comments, he also makes some helpful suggestions as to how we might move forward. And his comments couldn’t be timelier...
28 Mar 2014
Future-gazing is naturally a pastime for many that are interested in the recordings industry. Is it possible that theorising about what is to come might hinder efforts to address current problems or exploit opportunities in the here and now? Is the media’s obsession with the picture of a digital-only recordings business fuelled by mass subscription to ubiquitous streaming services eroding the confidence of those trying to maximise success using the tools at hand?
17 Mar 2014
The opportunities for musical innovation in the digital environment are countless...the digital world is our oyster…the only downside is that you seem have to do it all ‘on spec’..."The Internet somehow confused the right to the free movement of ideas (a concept which I adhere to strongly) with the free movement of work."
16 Jan 2014
Streaming is already a red hot topic for 2014, with the format having grown over 2013 and a high profile publicity campaign warming up for Beats Music, which launches on Tuesday...
17 Dec 2013
So the BBC is under scrutiny again. The House of Commons Select Committee on The Future of the BBC is meeting to answer questions, which include “what should the BBC be for, and what should be the purpose of public service broadcasting?”...
26 Sep 2013
I've been watching books. Or rather, not. For the last week or so on my daily zig-zag across the capital I've been trying to spot people reading books. I think for the purposes of informal but informative data collection..
09 Jul 2013
We’d like to use this, our 100th editorial, to briefly cast an eye over some of the issues that MusicTank tackled in its first 10 years. Several of our think tanks have been highly topical, with points being made by our speakers that challenged commonly held beliefs.
13 Jun 2013
Whether you think Apple has helped or hindered the music industry, it is, of all the tech giants, the company most readily associated with music, thanks to the legacy and success of the iPod and iTunes. In its product updates, religiously watched by millions, the company continues to emphasise the value of music to its ecosystem, no less so with iTunes Radio...
09 Apr 2013
Whether it’s the industry-baiting ArtistsVsArtists campaign, spearheaded by US “tropical grit hop” duo Ghost Beach or the primetime-driven success of Ant and Dec, aka PJ & Duncan, rhumbling to number one on the back of their Saturday Night Takeaway performance, debates around the potency of ‘traditional’ and ‘new’ media marketing techniques have found a renewed vigour over recent weeks...
12 Mar 2013
It’s been 10 years since MusicTank started. That might not seem to be all that long on the face of it, however when you consider that this tumultuous period has seen the arrival of Apple’s iTunes Store and creation of a licensed digital music market; EMI being sold (twice); Virgin, Our Price and Woolworths disappear from the High Street; HMV enter administration; Live Nation and AEG dominate live music; Top of the Pops pulled from...
14 Feb 2013
Will recorded music’s future be about access? Or will it be about ownership? That’s already a well-debated question, of course, and one that will occupy conference speakers for the immediate future, fuelled no doubt by recent trade figures from Sweden and Norway...
21 Jan 2013
I noticed this morning an article highlighting the fact out that record sales in Sweden rose last year, as they had the year before. Spotify has a remarkably high uptake in its native Sweden, with more that 1 million paying subscribers from a population of about 9 million people, with 80% of users saying that they have stopped file-sharing...
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06 Jun 2017
NEWS: The next successful music app will be one that break’s Spotify’s editorial stranglehold bit.ly/2rP5HXf by brilliant
05 Jun 2017
NEWS: The act of modern headliners playing a festival does not cause a significant increase in streaming -…


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SeaWorld Donates 131 Electric Scooters To Goodwill
Goodwill Industries of Central Florida recently recognized SeaWorld Orlando for its donation of 131 electric scooters to improve mobility for local residents.
“This donation allows us to reinforce our mission of conservation and sustainability,” said Marcus VanVleet, vice president of merchandising at SeaWorld Orlando. “We are keeping waste out of local landfills while supporting Goodwill’s efforts to empower differently abled Central Floridians with employment opportunities.”
The scooters, once used in SeaWorld parks, will be distributed among Goodwill’s 28 retail stores in Central Florida, where they will be sold. Sales revenue will help fund Goodwill’s job training and employment assistance programs.
“The community can support our efforts to provide job training and placement to Central Floridians who have barriers to employment in several ways, including dropping off household items and making in-kind donations,” said Karla Radka, chief operating officer at Goodwill. “We’re grateful for the generosity of corporate partners like SeaWorld who help us continue building lives that work.”
To support Goodwill, residents can donate clothing, shoes, books, household goods and electronics at their nearest retail store or Donation Xpress. A list of locations can be found at www.goodwillcfl.org.


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In addition to producing the playing and training kits for all Arsenal teams, Puma will develop, distribute and market additional Arsenal-branded merchandise on a global basis through its affiliated companies which include Brandon, Cobra PUMA Golf, Wheat and Dobotex. Among the planned merchandise is apparel, sporting goods, back-to-school items and gifts and souvenirs.
Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes, it’s completely free.


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Skynova surveyed over 1,000 professionals to determine the impact of digital changes on businesses amid COVID-19.
According to the survey, 37% of small companies (less than 10 employees) are more likely to have seen fewer sales during the pandemic compared to larger businesses, 50-99 employees. While 63% of small companies have yet to move their activities online, 81% of large companies have moved their operations online.
Improving customer experiences (CX) is the main objective of being online for 57% of small businesses, while sales and marketing is the chief reason for being online for 45%. Other digital priorities include expansion, market growth, operations, and service delivery.
Large businesses (over 500 employees) report improvement in service delivery, talent sourcing, and employee experience as priorities. When it comes to digital platforms, 70% of professionals in small companies prefer Facebook, followed by YouTube (46%).
[2 minute read]


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As Food Trade Ballooned Under Nafta, So Did Mexican WaistlinesBy
Surge in obesity is linked to U.S. food imports, study shows
Mexico now has highest share of overweight people in OECD
Avocado toast and juice bars are all the rage for American hipsters, foodies and millennials.
And they have Nafta to thank -- at least in part. The accord has brought an abundance of fresh produce to U.S. grocers. Mexico shipped $10.5 billion of fruit and vegetables to its northern neighbor in 2016. And food trade has boomed in the other direction too. But, at least when you measure in terms of nutrition rather than dollars, Mexicans appear to be getting the worse end of the deal -- and gaining weight as a result.
That’s the finding of a study by Lorenzo Rotunno and two fellow economists published by VoxEU. They examined the effects of trade on dietary habits in Mexico, and found a direct correlation between worsening public health indicators and the growing quantities of foods such as corn, soybean, pork and dairy products imported under Nafta.
“The exposure to unhealthy foods coming from the U.S. has been an important determinant in the rise of obesity in Mexico,” Rotunno, an assistant professor of economics at Aix-Marseille University in France, said in an interview.
The economists found that growth in imports of unhealthy foods is faster than for healthy ones. They made the distinction by applying the guidelines published by the U.S. Department of Agriculture, which advises Americans to increase consumption of some foods and cut back on others.
Mexico’s trade opening dates back to the 1980s, and accelerated when the North American Free Trade Agreement came into effect in 1994. The recent study found that in about two decades since then, Mexico has seen obesity rates rise some 15 percent. The research is mostly based on data for adult females, because it’s more complete than for other population groups.
And during the Nafta years, Mexico has overtaken the U.S. to seize an unwanted crown. It now has more overweight or obese people, as a share of the population, than any other member of the Organisation for Economic Co-operation and Development, a club that includes more than 30 major economies.
Food trade is among the many sticking points in negotiations to overhaul Nafta, the latest round of which is due to start in Mexico City next week.
President Donald Trump’s main focus has been on manufacturing: he blames the accord for lost factory jobs. But Trump has to keep one eye on America’s farmers too. Many of them backed him in the election -- and they’re solid supporters of Nafta. Withdrawal from the pact would be “catastrophic for farmers, based on the fact that Mexico is our number one export market for corn,” Iowa Republican Senator Chuck Grassley said last week.
So the U.S. is pushing for new terms that would enable it to expand agricultural exports to Mexico. Meanwhile in Mexico, one politician is loudly demanding less of them.
Leftist presidential candidate Andres Manuel Lopez Obrador regularly hits out at the terms of food trade with the U.S., saying impoverished Mexican farmers have been driven from their land. He’s calling for a rethink of the national diet, so that Mexicans eat more food from their own country.
It seems to be working. Amlo, as he’s known, is ahead in almost every poll for the July vote -- so it’s possible he could be the man who has to sign off on any new Nafta.
— With assistance by Nacha Cattan, and Andrew Mayeda


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Apple leapfrogged Hewlett-Packard and Samsung Electronics in 2011 to become the world’s largest semiconductor customer, according to new research from Gartner.
The consumer technology giant spent more than $17 billion on semiconductors like DRAM (computer memory which holds ongoing processes) and central processing units (where computations are carried out) in 2011, an increase of 35 percent on 2010.
The top ten semiconductor customers accounted for $106 billion of demand, 35% of total semiconductor revenue. That list includes HP, Dell, Toshiba and Lenovo, as well as smartphone and household electronics manufacturers.
The biggest spending slump came from Nokia, which saw semiconductor outgoings fall by 20%, more than any other company in the top ten. Once the world’s leading phone company, Nokia has been somewhat left on smartphones, but is working to make a comeback with its new Lumia phones. Research in Motion, the troubled Canadian smartphone manufacturer who recently appointed a new CEO, were not in the top ten.
Masatsune Yamaji, a Gartner researcher who worked on the report, said that the the quick-shifting IT landscape means that semiconductor vendors couldn’t afford just to monitor the top ten customers. "Vendors need to be constantly looking for new market entrants who will, in turn, be tomorrow’s market leaders," Yamaji said.
While smartphones, tablets and solid-state hard drives were the main growth factors, the report noted that Apple had sold enough Macbook Airs to increase semiconductor demand in its PC business too.
On the sales side for 2011, Intel was the clear leader, with almost double the revenue of second place Samsung Electronic according to IHS iSupply’s rankings. Intel made a 23% revenue jump from 2010 revenue, and now holds 16% of the semiconductor market.


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We notified police about construction crane climbers.
Police arrest dumpster diver at Portland construction site.
A domestic dispute results in a stabbing and arrest in an Indianapolis multi-family apartment complex.
A security guard missed the would-be car thief.
A man attempted to steal from a donation box.
We helped police locate repeat thieves at an office property in Texas. Click here to see the surveillance video.
A trespasser in a security guard uniform walks behind a California shopping center. A Stealth Monitoring shopping center security operator activates…
Stealth led police to scrap metal yard trespasser.
Our access control capabilities can help logistics properties.
A fight at a Dallas apartment leads to police response and an ambulance.
We helped lead Dallas Police to an office property.
Arlington Police arrest retail property loiterer.
Alarm speaker system deterred shopping center trespassers.
Security guard misses drug users in elevator.


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Escort annoncer anmeldelser massageWe've worked to get that market share and we'd hate to lose that market share to South America.". So I have to trust that he is doing the best things for the country.". The market aid payments will be administered by the usda's Farm Service Agency and are limited to farmers having an average adjusted gross income of less than 900,000 for the tax years 20Payments also will be capped per person. Pork going into China is now subject to an import tax that exceeds 70 percent. Economics could play a role when American farmers go to vote in November's midterm elections. Agricultural exporters identify and access new markets to help mitigate the adverse effects of other countries' restrictions.". On Monday, though, the department said initial aid will consist of about.7 billion in payments to agricultural producers of seven commodities, as well as federal government purchases of up.2 billion in certain "commodities unfairly targeted by unjustified retaliation.". October lean hog futures on the Chicago Mercantile Exchange settled.775 cents per pound on Friday, but that's down nearly 30 percent from where they were trading at just before a second round of tariffs.S. Soybeans effective July 6 in response to the Trump administration's move against China for alleged intellectual property theft. The administration's duties on steel and aluminum imports also have resulted.S. Has imposed several rounds of tariffs on China, which has responded with its own list of tariffs that include not only agriculture but.S. Autos and consumer products. Announced Monday with Mexico.
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"At some point you're not making money and losing the cushion that you've built.". But lean hog futures shot up nearly 5 percent Monday on news that the.S. "It's also just a one-time thing, and if this continues to go on and on it's going to continue to have impacts that there won't be an aid package to help address. Soybean farmers stand to get the biggest share of nearly.7 billion in payments in the Market grå sider massage valby langgade Facilitation Program, which also will provide payments to producers of corn, cotton, dairy, hog, grain sorghum and wheat starting Sept. The Market Facilitation Program, which was established under the CCC, will determine the payment rate to farmers of a commodity covered by looking at "the severity of the trade disruption and the period of adjustment to new trade patterns, based. Top soybean-producing states include Illinois, Iowa, Minnesota, Nebraska, North Dakota, South Dakota, Indiana, Missouri, and Ohio many that Trump won in the 2016 presidential election. Cotton represented another 1 billion in exports to China while pork and dairy products each accounted for 600 million or more in trade. It comes.S. "I don't think the dollar and the number of people and the number of commodities impacted will be enough she said. There's also plans to buy nearly 93 million in apples, about.6 grå sider massage valby langgade million in oranges, as well as more than 100 million in various nuts. Agricultural exports went to China last year, with the more than 12 billion coming from soybeans. Farmers harvest beans from September to November. However, the new bilateral trade deal with Mexico will likely lead to the removal or reduction in Mexico's hefty tariffs.S. "We also knew the economic pressure was already there for farmers, even without these unfair trade tariffs.". Agricultural and food products getting hit with new duties from certain allies, including. Agricultural products, such as pork and cheese. Farmers have become collateral damage in President. And Mexico reached a new trade deal that will replace the current North American Free Trade Agreement. So the aid package is actually not the ideal solution, and it's not a solution.". "Today's aid announcement gives us grå sider massage valby langgade some breathing room, but it will keep many of us going only a few months more. The usda first unveiled the trade mitigation package on July 24 but at the time provided few details. Mexico imposed a 10 percent tariff on chilled and frozen pork muscle cuts effective June 5, and that import tax doubled to 20 percent July. Some of the aid from the Trump plan is coming through the authority of the Commodity Credit Corp., a federal agency dating back to the Great Depression. "China is a concern said Phil Ramsey, who grows soybeans, corn and wheat in Indiana. Farm income has fallen about 50 percent since 2013 and is forecast to decline.7 percent this year, or the lowest level in nominal terms since 2006, according to usda estimates.
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China buys roughly half of the.S. However, that could change in the next several months as supplies from Brazil begin to dwindle and.S. Pork and targeted the commodity in its trade retaliation. The real solution to this trade war is to take a tough stance at the negotiating table and quickly find a resolution with our trading partners.". Another 290 million will go to pork, about 277 million for cotton and 156 million for grain sorghum, as well as 127 million for dairy, 119 million for wheat and 96 million for corn. "If they'd like to negotiate fairly we'll do that he said of Canada. That means farmers are getting lower prices for the commodity, and at recent levels some are barely hanging on and holding back on investments such as improvements to their farms. Ramsey, though, still is supportive of the president despite the farm belt taking a hit in the trade war. "The American people elected President Trump to lead us said Ramsey. The president also has been threatening additional trade action against China, which could produce even more retaliation by Beijing. Pork is another leading commodity that was hit with hefty tariffs and is produced in many heartland states.
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To meet the ongoing needs of its commercial vehicle customers, Dayco has recently hired Ron Barnes as its new national commercial vehicle business development manager.
Barnes will lead Dayco’s recently formed Heavy-Duty Aftermarket group. He joined the company in June as a highly experienced veteran with more than 25 years of experience in the automotive and heavy-duty aftermarket industries. He spent the last nine years at Tenneco where, most recently, he held the position of strategic account manager for U.S. commercial vehicle customers.
Throughout his career, Barnes has worked directly with all the commercial vehicle OEMs, CV retailers and CV buying groups. In his new role, Barnes will be responsible for developing and expanding Dayco’s brand presence with all heavy-duty and fleet customers nationwide.
In related news, the company’s commercial team has secured business from Midwest Wheel, one of the largest distributors of heavy-duty parts in the U.S. Midwest.
Over the last 100 years, Midwest Wheel Company has grown to become one of the largest truck parts distributors in its region with six locations in Iowa and Missouri. With a full range of replacement parts for commercial and passenger vehicles, the company was ready to make the switch to Dayco’s full line of premium aftermarket belts and hoses.
“Last month, a team of six Dayco sales and marketing personnel traveled to Iowa and Missouri to help with the conversion,” said TJ Fontana, director U.S. sales for Dayco’s N.A. Aftermarket. “This was the largest changeover we’ve had since Covid and we’re so proud of how the team worked to make it happen while still maintaining social distancing protocols.”
Not only did Dayco conduct changeovers for all six warehouse locations, but they helped set up nearly 50 repair shops and jobber locations. Midwest Wheel is the largest member of the HDA Truck Pride program.
Dayco is a global leader in the research, design, manufacture and distribution of essential engine drive systems and aftermarket services for automotive, truck, construction, agriculture and industrial applications.


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EU says Cochlear’s Oticon Medical bid a threat to competition, will examine deal
BRUSSELS — Australian hearing device maker Cochlear’s acquisition of Copenhagen-based Demant’s hearing implants business Oticon Medical is a significant threat to the European market, EU antitrust regulators warned on Wednesday.
The European Commission said it would examine the 850-million Danish crown ($120 million) deal even though it is below the turnover threshold for EU scrutiny following requests from 13 European countries.
In recent years, the EU competition enforcer has taken a more aggressive policy toward mergers which do not meet its requirements for review, concerned that even small deals can harm competition without appropriate remedies.
“The transaction threatens to significantly affect competition in the market for cochlear implants and bone conduction solutions in the EEA (European Economic Area) and in the referring countries,” the Commission said.
It said that it is best placed to examine the potential cross-border effects of the deal.
Cochlear will now have to seek EU approval before it can complete the deal.
The UK competition watchdog has given the companies until Dec. 13 to allay its concerns about the supply of bone conduction solutions in Britain, Cochlear said on Wednesday. The agency has no worries about the supply of cochlear implants.
Last week Cochlear said the Australian antitrust agency warned that the deal is likely to substantially lessen competition in the supply of non-surgical bone conduction devices in Australia, with a final decision set for March 16.
($1 = 7.0783 Danish crowns) (Reporting by Foo Yun Chee; Editing by David Gregorio)
Comments are closed.


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It goes without saying that the coronavirus lockdown has been a frustrating time for anyone who likes cars. I’ve spent even more of my time than usual on online car searches and spotted a few electric bargains – pre-registered delivery…
I don’t know about you, but whenever I hear the words ‘MG ZS’, I still think of a Rover 45 with an octagonal badge, a plastic body kit and a bit more go. That original MG ZS was one of the…
MG Motor UK has announced that Santander Consumer Finance (SCF) has been selected as its exclusive finance provider, as both companies agreed a five-year partnership that became effective from 1st January 2020.
The first-ever customer delivery of a fully electric MG has taken place at Bushey Heath Garage, Bushey, Hertfordshire, where Richard Jackson received the keys to his new ZS EV Exclusive in Dynamic Red. The milestone handover also marks the start of customer deliveries for ZS EV across MG’s 100-strong dealer network.
MG Motor UK has secured 2,000 orders for its first electric car, the ZS EV, in just two months since launch. In light of this success, the brand has introduced a new offer for the next 1,000 retail customer orders, continuing to match the government’s plug-in car grant for the ZS EV Exclusive version.
MG Motor UK has smashed its new car pre-sales records by securing 1,000 orders for its MG ZS EV in just two weeks. Having officially launched the car to the press and public on 17th July, MG has experienced unprecedented demand as customers raced to be one of the first 1,000 retail customers to snap up the electric SUV from just £21,495.
MG Motor UK has opened the order bank and released further details about its first-ever fully electric car that has been unveiled at the London Motor Show at London’s ExCel. Customers will be able to place a deposit for the ZS EV directly with the MG team at the show. The ZS EV is powered by a 44.5kWh water-cooled battery with rapid-charging capability that will enable it to be recharged from 0-80 per cent in 43 minutes, while domestic charging on a 7kW unit takes six-and-a-half hours from 0-100 per cent. Certified range on current WLTP test regulations is expected to be confirmed in Q3.
MG is launching a new compact SUV which will go on sale later in the autumn. The company says its design philosophy is “based on “Emotional Dynamism”, which represents a more expressive design language that emphasises the premium nature of MG’s…
MG Motor UK has officially unveiled its all-new compact SUV – the MG XS – at the London Motor Show. The company says the new model offers a glimpse of the future for the MG model range
MG Motor UK has officially launched its new SUV, the MG GS. Prices start at £14,995 and rise to £19,495 for cars with a manual transmission and £20,995 for the automatic DCT (dual-clutch transmission) models. There is also a full five year factory warranty as standard on the GS, which MG says has been designed and engineered at Longbridge in Birmingham.


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Ecommerce Continues Its Growth
Ecommerce continues to grow, reaching $37.5 billion during this year’s second quarter according to a comSore report.
Compared to the same period from a year ago, online retail spending has had a 14 percent increase, which is a result of a 16 percent increase in the number of online buyers. The report also shows that 70 percent of Internet users made at least one online purchase during the second quarter.
"The second quarter of 2011 saw a continuation of this year's solid double-digit growth trends in online spending, well ahead of the rate of growth in consumers' overall spending," says comScore chairman Gian Fulgoni. "As a result, it's clear that consumers are continuing to shift to the online channel, with almost $1 in every $10 of discretionary spending now occurring online. E-commerce's benefits of convenience and lower prices continue to be the drivers of the shift.“
This quarter’s ecommerce growth represented the seventh quarter of positive growth when compared year-over-year.
Ecommerce has continually been improving, with new innovative ways to make online shopping even more appealing such as better mobile apps, the implication of augmented reality into websites and new options that boost online sales through social media.


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You have searched for "Singapore Airlines"
Showing 1901-1910 of 2040
THE saying 'if you make a product so cheap but used by millions of people, you will have your wealth in the world'' seems to hold true for Greatpac Holdings Bhd chief executive office and founder Peter Yong Lip Ngoh.
B>SINGAPORE:/BSingapore authorities called on 10 Downing Street to rescue the wife of Senior Minister Lee Kuan Yew from the pitfalls of Britain's public hospital system after she suffered a stroke in London, media reports said yesterday.
Malaysia Airlines fared well in a recent online survey conducted by a magazine called I>Reise Preise/Iamong 8,172 travellers.


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Foodhub comments on the cost models of the big three takeaway delivery apps
This week, Which? revealed the hidden additional delivery costs of using the ‘big three’ food delivery apps Deliveroo, Just Eat and Uber Eats, and how this translates to consumers directly paying more for the same food vs ordering direct from the restaurant.
Ardian Mula, CEO of Foodhub said: “Takeaway apps have been some of the most successful businesses over lockdown due to the lack of viable alternatives for food and drink in the hospitality industry.
“However it has become clear from the Which? report that some restaurant aggregators are leaving restaurants with no choice other than to increase their prices for customers ordering through these platforms, in order to regain some of the costs associated with the high levels of commission, that can be up to 30%.
“Here, at Foodhub, we’ve been committed to a 0% commission business model from the outset, meaning that the cost of operating through Foodhub is more manageable for local businesses.
“Foodhub always encourages our takeaway partners to pass savings made through our non-commission model to its customers in the form of discounts. Not only does this make the food available via Foodhub generally around 15% cheaper than its rivals but it also helps takeaway restaurants gain more orders and new customers as well as enable them to keep more of their profits. Last year we estimate that we saved consumers, when compared directly to the prices of our rivals, £1.9 million* on the cost of their favourite takeaway meals*.
“It is common for many food delivery services to charge takeaway restaurants a commission for using their service, meaning consumers in some instances are paying a service fee, delivery fee AND a convenience fee with our rivals. But with Foodhub its only usually the delivery fee, which the takeaway controls.
“Moreover, compared to other delivery services who charge takeaway establishments commission on orders and deliveries for use of their service, we can save the average takeaway partner £2,250** a month by not charging them commission - that’s approximately £30,000 extra in their till every year.”
Foodhub is one of the UK’s biggest takeaway delivery platforms with over 20,000 partners across the UK. Available online or via the easy to use mobile app – Foodhub has an incredible range of takeaways and restaurants on its books.
*Based on 750,000 takeaway meals ordered through Foodhub during the 7 weeks of first national lockdown, and an average takeaway meal value of £15.
**Based on 1,000 orders per month via Foodhub.
Foodhub is an online food portal launched in 2017. There are more than 20,000 takeaway & restaurant partners currently featured online at www.foodhub.co.uk and through the apps available for iOS and Android.
Foodhub is unique in that it does not take a commission from the food establishments for each order placed. This enables them to offer better prices and deals to customers than other online food platforms.


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SCHOOL uniforms are being upsized to fit children who are getting a bit bigger.
Tasmanian Clothing Company's Graeme Davis said the average 10-year-old used to fit into a size 10 and these days more kids that age would need a size 12.
He said size 10 kids were about 5 centimetres bigger than they used to be.
"We've had to increase our sizes," Mr Davis said.
He explained the garment ease factor on body sizes had expanded to 12 centimetres and in some cases 20 centimetres.
Asked if schools have had to adjust school equipment or uniform sizes to fit students who are getting bigger, Education Department early years and schools deputy secretary Liz Banks skirted around the question when she said schools catered for all students and this included the procurement of appropriate clothing and equipment for student use.
According to overseas reports, UK retailer Marks and Spencer launched a plus-size school uniform range two years ago.


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Welcome to the Friday edition of Internet Insider, where we dissect the week online. Today:
- The red flag meme got out of hand
- Machine Gun Kelly’s ‘I am weed’ comment turns into a meme
- Bartender urges people to stop stealing glasses from bars in viral TikTok
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BREAK THE INTERNET
There are too many red flags
Towards the end of last week, people were begging others on Twitter to stop the “kidney man” discourse. (If you don’t know what I’m talking about, you can read about it in last week’s newsletter here.) Well, people finally moved on to other topics and memes. Now we have a timeline full of red flags.
Everyone knows what red flags are: Warning signs to stay away from a person-mostly related to dating. The Twitter meme applies red flags to everything from taste in movies and music to not watching a bird. And the “red flag” is accompanied by more than a dozen red flag emojis in the most popular versions of the meme.
Even people who are regular Twitter users probably noticed the dominance of the red flag emoji in the app this week. Like most memes, it started with a user tweeting the meme (Know Your Meme identified a tweet from @Jordann773 as one of the earliest versions) before brands came in and pounced on it. Brands essentially used it to lightly criticize anyone who didn’t like their brand. It was a way for customers to congratulate themselves, and it got very cringy. Usually, the lifespan of a meme before brands use it is longer than a week. As @dianelyssa put it: “You guys tossed that red flag meme in less than a day.” Impressive.
—Tiffany Kelly, culture editor
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Machine Gun Kelly who first meets Megan Fox and says “I’m weed” is now a meme.
in a new one British GQ profile, the two discuss their spiritual, erotic relationship, first while tattooing each other. Fox describes his first meeting with MGK at a party in LA: “I just remembered this tall, blond, ghostly creature and I looked up and I thought, ‘You smell like weed.’ He looked down at me and he said, “I’m weed.” Then, I swear, he disappeared like a ninja in a smoke bomb.” Fox later says that meeting MGK was “like meeting the reflection of your own soul”.
Fox’s prompt and MGK’s response were soon absorbed into memes of two characters meeting each other in pop culture, including: Star Wars and The X files.
Read the full story here.
—Audra Schroeder, senior writer
‘You’re an asshole’: Bartender urges people to stop stealing glasses from bars in viral TikTok
TikToker @haleydito went viral with her signature video about wanting to take home a beautiful rose-shaped cocktail glass from a bar. But while the urge to at least “borrow” something beautiful is understandable, it’s also a major problem for bartenders to act on that urge, as @the.badass.bartender explained in a video.
@the.badass.bartender, a veteran bartender who has worked in multiple locations in the industry for years, initially responded with a short stab, explaining that instead of stealing you can find almost any specialty glass for sale on Amazon. However, reactions to her first video were mixed. While some understood what she meant – that it was all about the specialty glassware and how stealing those glasses makes life harder for the bar staff – others didn’t. Even some of the other bartenders called her a Karen and encouraged people to keep stealing glasses.
Read the full story here.
—Siobhan Ball, Contributing Writer
MEME OF THE WEEK
OK, this is a good version of the meme:
Now playing: “I Put a Spell on You” by Screaming Jay Hawkins
*First published: October 15, 2021, 2:42 PM CDT
Tiffany Kelly is the culture editor at Daily Dot. Before that, she worked at Ars Technica and Wired. Her work has appeared in several other print and online publications, including the Los Angeles Times, Popular Mechanics, and GQ.


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The global brand SCI FI has officially become Syfy.
The brand evolution occurred on Tuesday, with a refreshed look and feel for both the on-air channel and online portals.
In addition, Syfy will celebrate the launch in a two-minute brand film, "House of Imagination," starring talent from "Warehouse 13," "Eureka," "Ghost Hunters," "Caprica," "Sanctuary," "Stargate Universe," and "Destination Truth."
Online, at Syfy.com, there are also significant changes including a new, brighter design and more accessing digital content. Visitors will be able to get non-stop coverage of entertainment, consumer electronics, and gaming.
For breaking entertainment news in the science-fiction genre, the site continues to maintain SciFiWire.com.
According to Syfy President, Dave Howe, "With the new tagline, Imagine Greater, Syfy allows us to build on our 17-year track record of success with a brand built on the power that fuels our genre, the imagination."
Syfy is a sister company of Access Hollywood at NBC Universal.
Related Content from AccessHollywood.com:
PLAY IT NOW: Access Extended: 'Battlestar Galactica' At PaleyFest 2009
PLAY IT NOW: Dish Of Salt: Tricia Helfer Talks 'Chuck'


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Apple is already testing out iOS 13.1 ahead of the full release of iOS 13, and this is what you can expect in the new version.
iOS 13 is launching on September 19th, and then iOS 13.1 is going to follow very quickly behind it with a release date scheduled for September 30th.
The most prominent feature that’s coming is called ‘Shortcuts Automations.’ These build on Apple’s impressive Shortcuts app by letting users set tasks to trigger for a variety of reasons. For example, if you always want a podcast to start playing when you plug your phone into your car for CarPlay, you’ll be able to do that with Automations.
If you’re still confused about Shortcuts, check out this explainer.
Beyond the Shortcuts, Apple is also adding a new ‘Share my ETA’ button to Apple Maps, according to Apple Insider.
Hitting this button while you’re using Apple Maps will let you send a link to your friends, so they’ll know when you’re arriving.
Apple Insider also reported that Apple added a new selection of ‘Dynamic wallpapers’ to iOS version 13.1.
Apple is also making it possible for users to download fonts via the app store, but it’s unclear how or where you’ll be able to use these new typefaces.
Source: Apple Insider