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BMW will Showcase a 13 Model Lineup at the 2016 Indian Auto Expo
The German automaker, BMW will be showcasing an extensive lineup of its cars at the upcoming 2016 Indian Auto Expo. BMW launched its all new 3-Series today, which will be a part of a total of thirteen car showcase that is making its way to the Expo. The 2016 Auto Expo will be held from 5th to 9th of February in the Greater Noida region.
Some of the highlights of the show will include the likes of 7-Series. The car will takes on Jaguar’s XJL and offerings from fellow German automakers like the Audi A8L and the Mercedes Benz S-Class.
BMW recently revealed a video announcing the theme of its Auto Expo showcase, which happens to be ‘The future of Luxury’ and with 7-Series taking care of the luxury bit, the utility duties will be undertaken by the all-new BMW X1.
Breaking from the BMW tradition, the all new X1 will find its foundation in the German automaker’s front wheel drive UKL (Untere Klasse) modular platform. The compact SUV will cater to the needs of customers in this hot segment, while taking on the likes of Audi Q3 and Merc’s GLA and is expected to priced competitively around Rs. 28 lacs.
BMW is also expected to showcase its compact sedan at the upcoming expo, which like the all-new X1, breaks the BMW tradition and features a FWD configuration. All in all, the BMW pavilion at the Auto Expo will be an overwhelming experience.
Check out the list and gallery of BMW models, which will be showcased under the ‘The future of Luxury’ theme at the 2016 Indian Auto Expo.
The all new BMW 7-Series
The theme of BMW’s Auto Expo showcase is oriented around ‘Future of luxury’ and BMW 7-Series is a perfect example of that. The luxury sedan will incorporate a 3.0-liter TwinPower turbo, 6-cylinder diesel mill, which will produce a power output of 259bhp and 620Nm of torque.
Things however, get interesting when we come to the petrol units. The all-new BMW 7-Series will feature a 3.0-liter inline-6 and a 4.4-liter V8 petrol unit, both of which will come with a couple of turbochargers strapped onto them. The V8 will produce a rather impressive 445bhp of poweroutput, while the 3.0-liter unit will hold its own with a reasonable 320bhp.
It is also expected that BMW will showcase a hybrid variant of the 7-series, which will incorporate a 2.0-liter twin turbocharged four-cylinder petrol motor, which will come coupled to a 93bhp electric motor. The hybrid 7-Series will feature a combined power output of 320bhp and what remains common to all the units is the super-fast 8-speed automatic gearbox, which will come coupled to every single powertrain option.
The all new BMW X1
BMW is also expected to launch its premium compact SUV, the X1 at the upcoming Auto Expo. This car is very important for BMW’s portfolio as it will be breaking away from the company's traditional RWD layout and will go on to incorporate BMW’s new front wheel drive platform. This change in layout will result in additional cabin space. The German automaker will in all likeliness incorporate the 2.0-litre 4-cylinder diesel motor, which will produce 190bhp of power output and a peak torque stat of 400Nm. The powertrain will also be offered on the xDrive variants and might also incorporate the 8-speed automatic transmission seen in the 7-series luxury sedan.
BMW 'The Future of Luxury' at the Auto Expo 2016 Video:
Recommended Read: BMW 3-Series Facelift Launched At INR 35.90 lacs
Read More on : 3 Series
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CAPE GIRARDEAU, Mo. (KFVS) - Several food trucks are teaming up to satisfy the taste buds of hungry craft fair shoppers and more.
A second Cape Food Truck Rally will be held at AC Brase Arena in Cape Girardeau on Saturday, November 19 from 11 a.m. to 4 p.m.
Operators from a variety of food trucks in southeast Missouri will be serving up their good eats to help introduce what they have to offer while supporting local businesses.
The following food trucks are set to participate this week:
- Waves Mini Donuts
- Nana Snacks
- Tasty Sno Crabz
- Turk Dawgs
- Molon Latte
- 2 Sides Grillin’
- Mexico on Wheels
In addition to the food truck rally, the 48th Annual Christmas Craft Expo will be taking place inside AC Brase Arena and the 4-H building.
The events will feature hundreds of crafters selling handmade items.
The craft expo will be held Saturday, Nov. 19 from 9 a.m. to 5 p.m. and on Sunday, Nov. 20 from 10 a.m. to 4 p.m.
Admission is $5 for a weekend pass and $3 for Sunday only.
River Valley Craft Club is hosting the craft expo.
Check out other craft fairs in Cape Girardeau this weekend below.
Copyright 2022 KFVS. All rights reserved.

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At the end of August, when people are, one would imagine, getting ready to squeeze the last drops of summer out before it gives way to the workaday existence that pretty much characterizes fall, I was the recipient of an incredible number of announcements that all focused on advances in automotive technology. I should point out that I’m on the receiving end of this on a daily basis, but it seemed all the greater over a few days, and so it began to make me wonder about something.
But first a sense of the announcements.
• Magna: On Tuesday, the 29th of August, it announced that it had made a strategic investment in LiDAR company Innoviz, a company that it has been working with. Presumably, they decided that putting some monies into the arrangement would be mutually beneficial. Then just two days later, Magna announced the MAX4 autonomous driving platform. This is a total package for up to Level 4 autonomous driving capabilities, both in urban and highway settings. MAX4 includes the sensors—yes, LiDAR, as well as radar and optical sensors—as well as the compute platform that makes use of the input. It is said to be designed so that it can be readily integrated into vehicles being developed, but existing vehicles, as well.
• ZF: This company is working hard at developing autonomous driving capabilities. Earlier this year, for example, it announced that it was working with NVIDIA, the company that makes the exceedingly powerful DRIVE PX platform that facilitates deep learning for autonomous functionality. On the 27th it announced that it was selling its Body Control Systems (BCS) business to Luxshare, Ltd. BCS—which, the company said, is operating with “a strong financial foundation,” so we’re not talking about some distress sale here—makes such things as switches, steering column control modules, HVAC controls and other electromechanical products. The next day it announced that it has entered into a strategic research partnership with the University of California, Berkeley, which will focus on computer vision and deep learning. (Incidentally, NVIDIA chips are GPUs, not CPUs: graphics processing unit.
• Cummins: Not only did it announce that it is working on improving its diesel engine offerings (it is scheduled to launch a new heavy-duty diesel for Class 8 trucks in 2022) and that it is developing high-efficiency spark-ignited technology for a variety of fuels, but it unveiled AEOS, a concept Class 7 truck that has a motor driven by a 140-kWh battery pack instead of a 12-cylinder engine. In making the announcement, Rich Freeland, Cummins president and COO, said, “As a global power leader for the commercial and industrial customers we serve, with an unmatched service and support network, we are better positioned than any other company to win in new and emerging technologies and in new markets.” Clearly, not-so-subtle shade directed at the likes of Nikola and Tesla, which are working at electrified big rigs.
• MINI: On the 30th it announced the MINI Electric Concept, an urban vehicle it debuted at the Frankfurt Motor Show (a couple weeks later). While details in the early announcement were scant, there was one clue about what the future will hold for the company: According to the company, “In the future, all electrified products from the MINI brand will be grouped together under the 'MINI Electric' banner.” Which evidentially means that the concept car will be one that will launch a series of successors.
• Daimler: Or more to the point, smart. Also on the 30th, that brand announced it would be showing a concept car in Frankfurt, an electric car (30-kWh battery), the smart vision EQ fortwo. But it is far more than just an electric vehicle. Annette Winkler, smart CEO, said, “The smart vision EQ fortwo is our vision of future urban mobility; it is the most radical car sharing concept car of all: fully autonomous, with maximum communication capabilities, friendly, comprehensively personalizable and, of course, electric." That’s right: an autonomous vehicle for two. Just as there was the cute little Google car, presumably the fundamental tiny charm of the fortwo is meant to glom on to some of that Googleness. Daimler, it should be noted, is pursuing an approach that is described by the acronym CASE: Connected, Autonomous, Shared (and Services) and Electric.
So what was I wondering about? Is it possible that one of the drivers for CASE vehicles—and all of the items listed above fall into one or more of those categories—is a recognition or a notion that the generations that will follow the Millennials are going to be somewhat disinterested in vehicles as we’ve known them for the past 100 years, that it will be necessary for them to exist (how are Amazon deliveries going to be made if not with trucks?), but that they need to be substantially different? Is it a case of working toward continued relevance?
Ford has made an accomplishment that will never be bested, never even be tied.
Chrysler pioneered the modern-day minivan more than 30 years ago and has been refining and improving that type of vehicle ever since.
Hyundai enters the American market with a new parallel hybrid system that uses lithium-polymer batteries and the same six-speed automatic found in non-hybrid versions of the 2011 Sonata.


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Life expectancy has taken a dip for the first time since the early 1990’s as heart disease drives up the U.S. mortality rate.
Hyundai is recalling more than 41,000 older minivans because the hoods can fly open while they're being driven.
Playworld Systems Inc. is recalling 1,300 slides that are used in school and municipal playgrounds after a defect caused two finger amputations in children.
Generic drugmaker Mylan said on Wednesday it may cut less than 10 percent of its global workforce as part of a restructuring program.
The Chinese unit of medical device maker Medtronic has been fined $17 million by anti-monopoly regulators in the latest effort by Beijing to force down what it sees as unreasonably high prices.
Repealing Obamacare will be the first order of business in the U.S. Senate in January, Senate Majority Leader Mitch McConnell, a Republican, said on Tuesday.
Chipotle co-CEO Steve Ells says that half of the burrito chain's more than 2,100 restaurants have less-than-excellent customer service and that the company is now training employees to clean dirty napkins off tables, make sure the soda fountain is organized and keep the glass on its front doors free of fingerprints.
FOX Business Network's Gerri Willis on the ups and downs of the 21st Century Cures Act.
More than 2 million dehumidifiers are being recalled because they can overheat and catch fire.
Many Americans are getting a better deal by staying home than getting a job.
Ford is recalling more than 680,000 midsize sedans mainly in North America because the front seat belts may not hold people in a crash.
The November jobs report came in better-than-expected.
A federal jury in Dallas on Thursday ordered Johnson & Johnson and its DePuy Orthopaedics unit to pay more than $1 billion to six plaintiffs who said they were injured by Pinnacle hip implants.
Sen. Rob Portman (R-OH) discusses the different challenges the Republican Party will face under new leadership in Congress.
In a story Nov. 25 about the week's consumer product recalls, The Consumer Product Safety Commission incorrectly listed a laptop battery recall.
Rep. Bill Johnson (R-OH) weighs in on coal country jobs and Rep. Nancy Pelosi (D-CA) defeating Rep. Tim Ryan (D-OH) for the House Minority leader position.
Rep. Marsha Blackburn, (R-Tenn.), on the battle to stop the fires raging in eastern Tennessee and efforts to replace Obamacare.
Republican leaders are ready to push through the House a compromise medical research bill that's prompted complaints from Democrats and consumer groups but seems all but certain to sail through Congress with momentum built by victories that it delivers for both parties and the White House.
The U.S. government wants more people to complain about auto safety problems.
Former Reagan Economic Advisor Art Laffer weighs in on President-elect Donald Trump's choice of Rep. Tom Price (R-GA) as HHS Secretary.


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Midland, Mich. & Helsinki, Finland – September 24, 2019 – Dow (NYSE: DOW), in partnership with UPM Biofuels, a producer of advanced biofuels, announces the commercialization of a plastics offering for the packaging industry made from a bio-based renewable feedstock.
Dow is integrating wood-based UPM BioVerno renewable naphtha – a key raw material used to develop plastics – into its slate of raw materials, creating an alternative source for plastics production. Dow is using this feedstock to produce bio-based polyethylene (PE) at its production facility in Terneuzen, The Netherlands, for use in packaging applications such as food packaging to reduce food waste. Following a successful year-long trial program, Dow is now planning to scale production and address the increasing global demand for renewable plastics. Read full article.


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The future of Pay-Per-Click (PPC) search agencies is in jeopardy, according to Mark Kuhillow, managing director of R.O.EYE. Restrictions in agency commissions are already being imposed on search agencies and Google’s Cost-Per-Action proposal further emphasises Google’s desire to trade directly with advertisers. Affiliates will step into the space between Google and PPC search agencies, to offer risk free search bidding alongside payment-by-results, as performance marketers.
“The move to end agency commissions will mean a dramatic change in search remuneration models and a need for search agencies to adapt their business models. At the same time, affiliates are offering marketers an opportunity for risk free search marketing,” warns Kuhillow.
PPC commission is at risk. Google has now announced that is Best Practice Funding (BPF) payment model will cease at the end of 2008, and search marketers are already starting to feel the pinch in their commissions. Together these changes will see search marketing brought in-house, managed on a fee basis or outsourced to affiliates.
Affiliate PPC models do not rely on search commission and have proven to be hugely successful. “Using ‘super affiliates’ for search management will be a big draw for marketers wanting to tie search marketing closer to results-based models,” says Kuhillow.
With the affiliate industry reaching the £2 billion threshold in 2006, advertisers and marketers alike are looking for closer relationships with ‘super affiliates’ - accounting for 20% of the affiliate market but responsible for 80% of the volume.
‘Super affiliates’ are already making moves to develop stronger client facing structures. As brands demand closer relationships with affiliates, they need a higher level of account management services. “And ‘super affiliates’ are more than capable of picking up the reins, while search agencies come to grips with big structural changes ahead,” concludes Kuhillow.


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Below are a selection of our latest news stories and upcoming events. Click the news header to read the full news story.
Make sure you get along to Motorcycle Live at the NEC for your chance to see all the new 2018 bikes from Honda including the new Goldwing, CB1000R, CB300R, CB125 and Africa Twin Adventure Sports. Plus take a look at the concept bikes this year - the Honda cub and monkey bike
Motorcycle Live is on from the 18th - 26th November 2017. To find out more visit the website below:-
If you can't make it this year then take a virtual look around the stand:-


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When car rental giant Avis announced in early January that it planned to buy Zipcar, hipsters across the United States gnashed their teeth in unison.”
The quirky Zipcar is admired for its new approach to car rental. Young, monied professionals who have decided to live car-free and broke college students can join and then rent a car for $11.25 an hour, often without leaving their neighborhood.
There are numerous ZipCar locations throughout Midtown Atlanta!
See on www.foxbusiness.com


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One for each of the villains newly playable in the game.
Against all logic, common sense, or odds, Hyrule Warriors exists, has released, and is a success. And a roaring success at that, especially over in the west, where the idea of a high octane action game based in the Zelda universe seems to have gone down quite well. And that’s putting it mildly.
Anyway, we recently got three new character trailers for the game, one for each of the new villains that will be newly playable in the game via free DLC. The characters are Cia, Volga, and Wizzro, and they are already playable in the Japanese version of the game. But don’t fret, they will each be coming over stateside too.
In the meantime, if you are interested in seeing what each of them brings to the table, make sure to watch the character trailers for all of them, embedded above. And stay tuned to GamingBolt for our coverage of Hyrule Warriors.


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Apple has finally announced the latest version of its OS- the iOS 9 at WWDC 2015 event held in San Francisco on Monday. We were jolly well pleased with the iOS 8 onslaught but the latest iOS 9 takes us for more than a joyride.
The Big Apple Day– WWDC 2015 is set to happen–finally. As the day prepares to unfurl, the excitement among users has shot up around what the big announcements from Apple would be. For starters, we might hear big scoop on the Apple Watch. Third party applications and allied functions on … Read the rest
With the release date of Windows 10 coming closer, rumors regarding the possible dates of unveiling the new operating system is splurging the web every now and then. While some reports claim that it will take just a week to get the new Windows launched, other reports says that it’s … Read the rest
While we are getting impatient about Microsoft’s revelation for Windows 10 around July, the giant already did a showcase of the upcoming OS at Computex, Taiwan this week. The event also saw launch of the latest array of tabs, laptops and PCs from leading makers such as Dell and ASUS. … Read the rest
With the annual Worldwide Developers Conferece (WWDC) coming closer, expectations and speculations regarding Apple products is intensifying. The web is already filled with rumors related to upcoming iPhone models and now gossips are splurging regarding new iOS 9, a new operating system from the company.
Google I/O at San Francisco has been a head turner of an event after much anticipation of what Google would or could announce. Android M was the biggest revelation of the day. Though not officially christened or launched for consumers, the developers-only-version revealsed sweeping changes to the way we see … Read the rest


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The new budget retailer premises has taken over a site originally occupied by the national institution clothing sales brand in New Mersey Retail Pa
The new budget retailer premises has taken over a site originally occupied by the national institution clothing sales brand in New Mersey Retail Park, Speke, Liverpool. More than 12,000 feet of space previously used to sell reliable underwear and clothing will now be occupied by the one-pound-deal giant.
Poundland is rolling out their own clothing brand PEP&CO at the store which offers budget men’s, women’s and kid’s attire starting from under £2.50 an item.
In menswear, the store is offering T-shirts from under £3 compared to M&S which starts at around £8.
In womenswear, a cardigan could set shoppers back around £10 compared to an average of around £20 in Marks and Spencer.
And for those shopping for children, PEP&CO advertises school wear from £1, compared to products starting at around £5 in M&S.
As well as clothing the store will also feature a PEP&CO Home department featuring kitchen storage items, faux plants, bathroom accessories and soft furnishings.
In a further diversification, customers will also be able to snap up chilled and frozen food.
The store will be around twice the size of a typical Poundland and will open the doors to bargain-hunting Brits on Saturday, October 8 at 9am.
Poundland’s director of retail Darren Kay said: “Speke’s New Mersey Retail Park has undergone some big changes in the last few years and we’re very excited about being part of its future.
“We’re working hard to make sure it’s a store that Speke can be proud of and one that will show off Poundland at its best and put the spotlight on our PEP&CO ranges.”


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"Call of Duty: Ghosts" will be available for the Wii U on Nov. 5, Activision announced today, ending speculation about whether the military shooter would ever make it to Nintendo's newest console, which has struggled to sell units.
No preorder bonuses or DLC have been announced. Activision did mention in its statement that the Wii U version of "Call of Duty: Ghosts" would be supported by the Wii Remote, as well as the second-screen found on the Wii U GamePad. Activision also alludes to "features yet to be announced."
"Call of Duty: Ghosts" will be released on Nov. 5 on the Wii U, Xbox 360, PS3 and PC. It will also be a PS4 and Xbox One launch title.
What do you think of "Call of Duty: Ghosts" coming to the Wii U? Will you be getting it for Wii U? Why or why not? If not, what platform do you plan to play it on and why? Sound off in the comments below.


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Courageous browser has gained reputation over time for providing a privacy-focused searching expertise. The corporate has now rolled out the general public beta of search engine dubbed Courageous Search that may hope to tackle the last word market chief, Google Search. The search engine brings related Google-like experiences, and customers can kind or view outcomes reminiscent of Photographs, Information, and Movies. Customers also can drop suggestions by way of a devoted button that sits proper beneath the search bar. The corporate shared the most recent growth in a weblog submit the place it notes that “on-line customers have a brand new impartial possibility for search, which provides them unmatched privateness.” Since its announcement in March, when it acquired search engine firm Tailcat, over 100,000 customers signed up for preview entry and testing. Courageous browser lately handed 32 million month-to-month lively customers up from 25 million final March, the corporate provides.
Courageous additional notes that its search engine is totally different from rivals because it “makes use of its personal index.” As anticipated, the search engine guarantees privateness, that’s, no monitoring or profiling of customers and transparency when it comes to sorting outcomes. The corporate notes that customers will quickly have a selection to decide on ad-free paid search and ad-supported search. The weblog notes that Courageous Search is introducing the “business’s first search independence metric,” displaying the ratio of outcomes coming solely from Courageous’s index. “It’s derived privately utilizing the person’s browser as we don’t construct person profiles. Customers can verify this combination metric to confirm the independence of their outcomes and see how outcomes are powered by our personal index, or if third-parties are getting used for long-tail outcomes whereas we’re nonetheless within the technique of constructing our index,” it notes.


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When it comes to creating the world’s most popular mobile chat apps, Canadians are the talk of the web and Waterloo, Ont., is ground zero for instant-chat innovation.
Free instant chat apps are becoming increasingly popular among texters tired of paying for sending and receiving SMS messages.
The gold standard is still Research In Motion’s (TSX:RIM) BlackBerry Messenger, called BBM by its acronym-wielding users which now number more than 28 million. BlackBerry users have become addicted to the lightning-quick speed with which messages are transmitted, and the handy notification system that lets users know when a message has been received and read.
But BBM only works on BlackBerrys and users of other smartphone platforms wanted in on the action.
PingChat!, created by Waterloo-based Enflick, Inc., in September 2009, mimicked the BBM utility on the iPhone and quickly became a hit, earning a coveted spot on the front page of the app store.
It’s now on the Android platform and has been downloaded more than 5.5 million times across all platforms, said Gary Fung, the program’s original creator.
It used to cost 99 cents to download the app but it’s now free and the company is making more money than before through advertising, Fung said.
“We quickly realized that in order for this app to be really useful it’d be better to have a larger pool of people in the network, so we changed it over to being free and monetized it through advertisements,” he said.
“Advertisement is just as viable, if not better, than the paid model route.” Competition is fierce and the company is constantly eyeing the development of other chat apps.
“There’s been over 100 applications that are similar that we monitor and we’re aware of — and there’s possibly more. But so far we’re basically ahead of the game. Our application seems to be the most feature-rich because we’ve been doing it for a longer time.”
One major competitor is WhatsApp Messenger, a U.S.-based app. It still costs 99 cents.
But the developers behind PingChat! are keeping even closer tabs on a new competitor closer to home, one of their neighbours at Waterloo’s Accelerator Centre, home to more than two dozen start-up companies.
Kik Messenger has become one of the latest tech-blog darlings du jour, with its recent phenomenal launch. When you’re getting endorsed on American TV by a star, using chartered aircraft to make deliveries and have your success described as “unprecedented,” you know you’ve hit the big time.
Kik launched publicly Oct. 21 and had a few days of modest growth. Then, seemingly out of nowhere, modest turned exponential. Within a little over two weeks, the app amassed more than a million users and is now somewhere north of 2.3 million.
The influential blog TechCrunch called Kik’s rapid ascent “a once in a lifetime start-up success story.”
“It’s really unprecedented,” said proud founder Ted Livingston of the app’s early success. “To go from zero to well past 1.5 million users in under three weeks is literally unprecedented. It has never happened, like, in the history of the world as we know it.
“Twitter took two years to get to a million, Foursquare took a year. We took 16 days.”
As the app grew more popular, the Kik team struggled to meet demand and keep the service running.
At first, it was easy enough to order an additional web server, wait three days for it to be installed, and watch the load on the app ease down.
Then multiple servers were being ordered at once. Then the team found they couldn’t wait three days for more servers, or the app would collapse under the weight of its popularity.
So they took the next logical step: they acquired new servers themselves, got a private plane chartered and flew the computers to their data centre in Iowa.
“You can just imagine these guys with boxes under their arms running across the tarmac,” Livingston said with a laugh.
“It’s just been absolutely nuts. We didn’t think this would happen. We knew we had a good product but it just exploded.”
But even with Kik currently jockeying for top spot on Apple’s download chart for free social networking apps, Livingston is cognizant that a competitor can easily steal the spotlight at any time.
So he’s pledged to keep Kik free — “we will never charge for the app; never, ever, ever,” he insists — and is now trying to stay under the media radar to focus on developing the app.
“We want to keep our heads down a bit . . . we’re almost doing our best right now to be a bit quiet but still moving fast.”
Not that it’s something he can totally control. The app was recently profiled by Whoopi Goldberg on “The View,” which resulted in another slew of new users.
Kik also has another problem on its hands. It was recently pulled from the Blackberry App World for undisclosed reasons. Some have speculated RIM may be a little afraid of the competition.
As for trying to supplant the reigning chat champ, BBM, Livingston, a former RIM co-op student, has no illusions about aiming for that coup.
“Nothing will ever beat BBM, just because it’s baked into the operating system, it’s been optimized for years and years and years, it’s perfectly secure and all these great things,” he said.
“But I think (competition) will be good for RIM because it puts a lot more emphasis on texting and the keyboard becomes very important. And nobody makes better keyboards than RIM.”
Livingston acknowledges the rivalry with PingChat! is somewhat awkward since they work in such close quarters — “it’s sort of unspoken, everyone knows but no one talks about it” — but he says the competition is testament to the talent in Waterloo.
“This community got to see the coming wave of smartphones and what would be possible way before the rest of the world,” he said.
“I think, really, Waterloo is on the cutting edge of mobile.”


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US: Stocks end at records again, extending rally
[NEW YORK] Wall Street stocks surged to another round of records Friday as earnings season kicked off amid optimism ignited by the US tax reform.
All three major indices again ended at records, with the Dow Jones Industrial Average up 0.9 per cent at the closing bell to 25,803.19.
The broad-based S&P 500 finished at 2,786.24, jumping 0.7 per cent from Thursday's record, as did the tech-rich Nasdaq Composite Index which closed the week at 7,261.06.
Earnings from big banks were mixed, with JPMorgan Chase rising 1.7 per cent after beating expectations, even as profits were hit by one-time effects of the tax law changes. But JPMorgan expressed confidence the tax changes would boost results long-term.
Wells Fargo shed 0.7 per cent as fourth-quarter earnings rose 17 per cent to US$6.2 billion, but were marred by US$3.3 billion in litigation costs, some in the aftermath of the fake accounts scandal.
Many analysts believe the market has not yet priced in the higher profits that the corporate tax cut is expected to generate.
"Over time they will have to revise their estimates for earnings higher," said Hugh Johnson of Hugh Johnson Advisors.
Friday's gains also followed a strong December US retail sales report, which lifted annual retail sales by 4.2 per cent, the biggest increase since 2014.
Some consumer-oriented companies enjoyed big gains, including home-improvement retailer Lowe's, up 5.3 per cent, big-box store Target, up 3.8 per cent, and discount retailer Dollar Tree, up 3.1 per cent.
Most large technology shares also rose, with Apple, Amazon, Google-parent Alphabet and Microsoft all winning one per cent or more.
But Facebook sank 4.5 per cent after announcing a plan to update its newsfeed to emphasise posts from friends and family over other content.
The shift prompted fears it could drive away advertisers if people spend less time on the social network.


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Union Pacific (UP) on Dec. 1 will expand its Houston on-dock rail service to four additional markets.
South Carolina Ports (SC Ports) finishes Fiscal Year 2023 (FY23) with a strong June. Also, Port Houston reports steady volumes through the first half of the year; and Port Milwaukee celebrates the grand opening of the Agriculture Maritime Export Facility.
“As we round out June and officially head into summer, I’m encouraged by the progress the team has made to provide a better customer experience for you,” Union Pacific (UP) Executive Vice President, Marketing and Sales Kenny Rocker told customers in a June 20 railroad status report. “The network continues to remain fluid as we build upon the service improvements that we’ve made over the past couple of months. Car velocity across the network has exceeded 200 miles per day for the ninth consecutive week, driving better on-time performance for you.”
Port 10 Watco Rail Logistics—a joint venture of transportation service and logistics company Watco, Pontikes Development and McNair Interests—has opened a new 420-car storage-in-transit (SIT) yard in Baytown, Tex. The joint venture in January 2022
Union Pacific (UP) on June 1 will launch a new on-dock service at Barbours Cut Container Terminal at Port Houston, Tex., providing international shippers of consumer goods with direct rail access to Denver, Colo.; Salt Lake City, Utah; Oakland and Los Angeles, Calif.; and El Paso, Tex.
Packwell has broken ground on a new 725,000 square-foot resin packaging facility at Port Houston’s Bayport Industrial Complex in Texas, which is expected to anchor 20,000 export containers annually when it begins operations in early 2024.
While Port Houston in Texas posted record volume in 2022, December volume declined. Also, the Port of Oakland in California experienced full-year 2022 and December 2022 container volume falloffs.
Port Houston in Texas reports that a sustained import dwell fee will be implemented and an optional excessive import dwell fee has been authorized in response to growing container cargo volumes. Also, International-Matex Tank Terminals (IMTT) sells two Savannah, Ga., terminals to Colonial Group, Inc.
Year-to-date, Port Houston in Texas has recorded 2,225,500 TEUs (Twenty-Foot Equivalent Units), a 16% boost over 2020. In addition, Delaware’s Port of Wilmington has completed the first phase of an electrification project.


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Indian shippers stare at threat of losing market share in northern Europe
Bengaluru, May 14:
Pricey Indian Arabicas are staring at the risk of losing market share in key consuming countries such as Germany, Switzerland and Benelux as roasters have started switching over to Colombian varieties. Indian arabicas are currently commanding a record premium of 70 cents per pound (lb) over the New York terminal price, while the premium for Colombian coffee is hovering around 10 cents/lb.
Trade sources attribute the high premium to a lower crop and also to the demand triggered from a section of exporters, who are short of washed arabicas. Also, the fact that a section of medium and large growers are unwilling to sell their produce anticipating higher prices is aiding the trend.
While the prices of arabicas on the New York terminal have dropped by about 40 per cent since October last year till now, local prices have not kept pace with the global decline. New York prices, which ruled at a high of around 227 cents per pound in October last year, are now hovering around 135 cents per pound. Similarly, the farm-gate price of arabica parchment, which ruled at around Rs. 12,500 per 50-kg bag is now hovering between Rs. 9,800 and Rs. 10,200, down 18-21 per cent.
“There is no way the high premium on Indian coffee can be justified. Our customers are switching over to the relatively cheaper Colombian milds,” said an official heading the exports division at multinational firm in Bengaluru. The firm sources coffee for the European roasters.
“Most big roasters from Northern Europe have stopped buying and are shifting to other cheaper origins. This has dented the demand mainly from Germany, Switzerland, Benelux and Scandinavian countries,” said Ramesh Rajah, President of Coffee Exporters Association. Europe accounts for close to half of India’s annual coffee shipments.
The trend is reflected in lower shipments, so far, in the current calendar year. Arabica parchment shipments are down by 40 per cent at 18,328 tonnes during the January 1-May 13 period against 30,654 tonnes in the corresponding a year ago. Similarly, arabica cherry shipments are down 25 per cent (see table). The increase in robusta shipments and surge in imports for re-exports has minimised the impact on overall shipments, down 7 per cent for the period.
Rajah said even the growth in robusta shipments was not as per expectations, whereas re-exports were likely to increase this year. “When domestic prices are high, it is attractive to import for re-exports,” he said. Though some demand exists from traditional buyers for arabica in West Asia at these prices, they won’t be able to pick up the entire volume. Also, there’s some buying in small volumes from Italy, he said.
Trade sources said about 60-70 per cent of the Indian Arabicas has already been traded and most of the shipments were likely to be completed before the monsoon begins.
The timely arrival of pre-monsoon showers in the coffee growing regions has brightened the prospects for the 2015-16 crop starting October. “We expect Arabica output to be 20 per cent higher for 2015-16 over this season,” said Rajah.
For the current season, the Coffee Board – in its post-monsoon estimates – has pegged crop size at 3.31 lakh tonnes, some 8.7 per cent higher than last year’s final estimate of 3.04 lakh tonnes. Arabica output is pegged at 99,600 tonnes, while Robusta at 2.31 lakh tonnes.


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Technological expansion we are witnessing nowadays is bringing about new ways of experiencing and doing things. Virtual Reality (VR) is relatively new feature or gadget if you prefer, that has
Last year the world was introduced to augmented reality. The introduction didn’t come from somewhere expected – like a Microsoft Hololens event. Instead, it came from a game that has
The coolest, newest, most revolutionary pieces of tech are often the most expensive – too expensive for you or I to buy. However, companies are constantly working to make affordable
It seems that technology moves forward so quickly these days that before we know it, we’re all going to be having robots in our home doing all those mundane tasks.
Wii Sports dazzled users in 2006 with simulations of bowling, baseball, tennis, and golf. It was impressive — for an hour or two. It didn’t take long for the inaccurate
The video game industry has had a long run at this point, and while much has changed, the core of video games revolves around the screen – traditionally a pretty
The long anticipated release of the Oculus Rift VR system along with mid-priced options like the Samsung Galaxy Gear VR were supposed to drive a virtual reality revolution in 2016.
Virtual reality is popping up everywhere online – the most common place to run into it these days is on YouTube or Facebook, as i’m sure you have ran into


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By Corina Vanek | Phoenix Business Journal
Citing “unprecedented times,” Nike Inc. confirmed Tuesday that it will close its facility in Goodyear, which was supposed to create more than 500 jobs.
“We are experiencing unprecedented times and due to the Covid-19 impact we will no longer be investing in our Goodyear facility,” a Nike spokesman said in a statement. “We are repositioning our resources to further invest against our biggest opportunities and Air MI will continue to be an important part of Nike’s growth strategy. We thank the City of Goodyear and the team we have worked with to date; they have been outstanding partners.”
Read the full subscription story the Phoenix Business Journal.


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- Local and regional FMCG brands account for 46 per cent of total FMCG spend in 2015 and over half of FMCG market growth (58%) is driven by local brands
- Growth not over for global brands: strong performers in the ranking include Colgate (adding the most shoppers to its portfolio), Lifebuoy, Lay’s and Dove
- Sunsilk continues to shine, particularly in emerging markets
- Coke remains the world’s most chosen brand
- Colgate is the only brand in the ranking with a global penetration over 50%
Local brands are closing in on their multinational competitors, growing value at nearly twice the rate of global brands for the third year running.
This is the key finding of the latest Kantar Worldpanel Brand Footprint report, which today launches its annual Top 50 ranking of the world’s most chosen FMCG brands.
Analysing one billion households across 44 countries in five continents and 300 billion shopper decisions, the study used its proprietary metric – Consumer Reach Points (CRPs) – to discover how many times a brand was chosen by consumers over the course of one year.
Local brands continue to outpace the market: while the total value of FMCG grew by 4.7 per cent in 2015, local players grew by 6.2 per cent. By comparison, global brands grew by 3.4 per cent. Particularly strong in the food and beverage categories, brand choices are dominated by local players in terms of both the number of brands available as well as in the number of times they are chosen.
Local brands are especially prevalent in Asia, Latin America and also parts of Europe including Spain. Most notable is China – where local brands comprise 75 per cent of shopper decisions followed by Indonesia (61 per cent) and India (57 per cent). The three best performing local brands of 2015 are Chinese natives: Yili, Mengnui and Bright.
Despite this shift, growth is not over for global brands. Within the top 10 brands alone, Lifebuoy, Lay’s and Dove all managed to not only grow CRP, but also move at least one place up the ranking.
The key opportunity area for multinationals is ecommerce, the fastest growing channel, where they currently dominate.
Read more here


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Any drug developed or sold outside of those guidelines is considered a product of the Black Market. So, while illegal drugs like cocaine, meth. Prescription opiateshave also leaked onto the black market through the hospital system. Last year there was 167 reported cases of drugs being. Ironically, many of the people who are buying HIV/AIDS medication on the black market could get them legitimately -- and at reduced costs or. It is a multi-billion dollar market that serves countless people but is Americans abusing this market? There are definitely many sides to this enormous market. Documented the extensive subterranean diversion market and the wide variety of illegal conduct which sustains this black market for prescription drugs. NBC News searched Facebook and found postings to trade EpiPens, asthma inhalers, and other prescription medications. Not every exchange goes. Money Sterling or Euros paid for prescription only medical drugs medicine on black market, illegal to sell pills, capsules, blister packets Image details. Two CEOs from South Florida pharmaceutical wholesalers were indicted Friday for buying prescription drugs off the black market and reselling. Pandemic-era relaxations to rules on prescribing drugs allowed mental health startups to reach more people, boosting their online.
Creating a black market with taxpayer-funded HIV medication is an insidious and dark web hitmen costly fraud, said Medicaid Inspector General James C. Cox.. The illegal market for HIV medication might be fueled by demand from abroad, especially in the Caribbean, where a large segment of the HIV. NBC News searched Facebook and found postings to trade EpiPens, asthma inhalers, and other prescription medications. Not every exchange goes. And now there's even a black market for this popular prescription - gabapentin - being sold cheaply on the streets, with the slang name. Enjoy our convenient prescription refill and transfer options online. Request refills for your medications in just a few simple steps. Refill now. The newly launched site is an attempt to assemble and organize information about the price prescription drugs fetch on the black market. This statistic shows the awareness of black market and trafficking of pharmaceutical drugs in Italy in 2024. According to the survey. (Reuters Health) - Diabetes medications and blood-test supplies are sold, traded and donated on black markets because the black market prescription drugs. healthcare. To conceive are turning to the black market to buy fertility drugs. of a non-controlled prescription drug was illegal in Oklahoma.
The leading healthcare company for wholesale medical supplies & equipment, pharmaceutical distribution, and healthcare technology solutions. The rate of drug overdose deaths involving opioids remains high, and CDC drug or drugs caused the death (for example, heroin or a prescription opioid. A pharmacist who sold addictive prescription drugs on the black market from his motherrsquos pharmacy was today sentenced to dark web hitman a year in jail. Two CEOs from South Florida pharmaceutical wholesalers were indicted Friday for buying prescription drugs off the black market and reselling. By NO Gutorova 2024 Cited by 1 it is necessary to strengthen control over the wholesale of prescription medications to prevent them from entering the black market. According to the market research firm Cyber Dialogue Inc., For some people, buying prescription drugs online offers advantages not available from a. First, at 560bn, the prescription drug market dwarfs other illicit drug markets many times over, offering hugely lucrative opportunities. One. THE number of raids on pharmacies nationwide has more than doubled since a black-market supply of prescription drugs was cut off. The Federal Trade Commission announced today that it will launch an inquiry into the prescription drug middleman industry, requiring the six.
Overall, it seems there is a huge amount of criminal profit that is being made on selling prescription drugs through the black market. 'I Just Took My Chances And I'm Hoping That It's Safe': Desperate Patients Turn To Black Market For Lower Cost Drugs. First, at 560bn, the prescription drug market dwarfs other illicit drug markets many times over, offering hugely lucrative opportunities. One. This statistic shows the awareness of black market and trafficking of pharmaceutical drugs in Italy in 2024. According to the survey. White market drugs are sedatives, stimulants, and opioids. The white in the moniker means legal markets, as opposed to illegal black markets. Jews pay more likely than Arabs to pay a doctor, study shows, and a correlation exists between religious observance and use of black market. Tens of millions of prescription drugs on the black market Criminal gangs have smuggled tens of millions of prescription-only drugs out of the. It's no surprise since prescription drugs can bring in large sums of cash. In 2024, black market prescription drugs. sales of prescription painkillers amounted to 9. High costs of prescription drugs have made black markets a necessary evil. Illegal substances may first spring to mind when people buy and.
About Lethal Counterfeit Pills Flooding the Black Market to look identical to prescription opioid medications like Xanax, Vicodin. According to the market research firm Cyber Dialogue Inc., For some people, buying prescription drugs online offers advantages not available from a. Two Brentwood-based brothers were arrested today on federal drug of prescription narcotics, including OxyContin, to black-market. The synthetic opioid fentanyl, a legal prescription pain medication, is now a black market commodity blasting through the street drug. Right now, Ohioans are struggling with high prices, and prescription drugs are some of the most overpriced goods that many families are. By C White 2024 Cited by 11 The rise in prescription drug abuse is changing crime patterns among drug users and the structure of illegal drug markets. The illegal distribution of. A federal grand jury in New York has indicted the owner of a Utah prescription drug distribution company, alleging he sold more than 100. They are branded drugs, produced by the original pharmaceutical developers as opposed to lower-priced generic drugs, but are acquired unlawfully through fraud. Pleasure and remedy are not evil, illegal, immoral, nor unethical. produced and marketed as prescription drugs by big drug companies.
Dark Markets Belgium
If you have opened the TOR browser and then recalled that you have not turned on the VPN and finally you turn on the VPN, then your security is compromised to some extent. One of the men black market prescription drugs responsible for moderating content on the now defunct AlphaBay darknet market will be in jail until 2031. Two years later, KrebsOnSecurity received an email from Riaz asking to have his name and that of his business partner removed from the 2015 story, saying it had hurt his company’s ability to maintain stable hosting for their stable of domains. Users from UAE or Russia are prohibited from using it in anyway. Since password reuse is so common, credential stuffing has developed into a popular tactic to gain access to sites and sensitive data. On the other hand, local garlic production totaled 11,750 MT, while imported garlic reached 71,048 MT. This may imply that vendors of COVID-19 related products have a focus on a specific product category, or are just creating one-off listings to try to make quick money. La-Cocaine(dot)org is a scam website in an opioid and drugs scam. When having problems with payments, it’s best to use this Amazon phone number: (866) 216 -1075. A dedicated subreddit for the discussion of synthetic psychoactive research chemicals.
Finalize Early is a feature which is there for the ease of the sellers, when you do Finalize-Early an order, the seller instantly gets your money without having to wait for Escrow to release it after you receive the products. The growth of illicit transactions on darknet markets have led enforcement agencies to invest greater proportion of time and efforts to monitor and crack down on criminal activities on the darknet websites. Die kostenlose Android-App "Tor Browser" ermöglicht Ihnen dark web escrow service sicheres und anonymes Surfen im Internet auf mobilen Plattformnen.


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Kamis, 22 September 2011
Enbloc news: Hong Leong Garden Shopping Centre (Updated)
As reported in the 9.30pm news on Channel 5 tonight, Hong Leong Garden Shopping Centre has been sold in a collective sale to a consortium led by Oxley Holdings. The transacted price is said to be $170 million, which translates to about $800psf ppr.
This is supposedly the largest en bloc deal in 2011 so far in terms of dollar value.
Click below to read our previous post on this en bloc sale:


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Vodafone is to offer the iPhone to its customers from January 14, the operator has announced, with the cheapest contract being GBP 30 a month.
Pre-orders are being taken now ahead of its launch on the network. Following the ending of 02's exclusivity period for the Apple iPhone earlier this year, it was confirmed both Orange and Vodafone would begin offering the handset. Orange launched with the iPhone in November.
The cheapest monthly deal customers will be able to get with Vodafone is GBP 30 a month with a 24 month contract, plus an additional GBP 59 for the 8GB 3G iPhone. With a GBP 35 a month contract the handset is free. There's also a range of tariffs for small business customers.
"We started preparing our network over a year ago so that iPhone customers will really feel the advantage of being with Vodafone," said Guy Laurence, CEO of Vodafone UK. "We will offer an outstanding iPhone experience wherever our customers live, work and travel, delivering speed and reliability – something our customers have told us they really value."


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Nepal: boom in Valentine's Day cards inspired by Pope's message of peace
by Kalpit Parajuli
Valentine's Day becomes an opportunity to recall sentiment for loved ones and instill hope for the future. Manufacturers of gift cards stress the demand for gifts with phrases and slogans in praise of peace, dialogue and solidarity between people.
Kathmandu (AsiaNews) - Frightened by the climate of political and economic instability in the country, on St. Valentine’s day the Nepalese prefer postcards and greeting cards inspired by the Pope's message for the 45th World Day of Peace to the usual hearts and teddy bears.
Amrit Tuladhar, a producer of giftware and director of online shopping site muncha.com says that unlike in the past, this year people of all ages have visited the site, chosing cards with phrases about peace, dialogue and harmony as gifts to friends and acquaintances, many of whom live abroad. "Following the many requests - he says - about 50% of products manufactured by the company contain slogans inspired by the message of the Pope
Tuladhar believes the increase of migrant workers has increased the number of Internet users, by multiplying the sites, the types of online purchases, but also the emphasis on foreign countries. "For St. Valentine’s - he says - I had an average of 400 orders per day, mostly by and for people living abroad." He explains that in recent days several Nepalese employees in the Middle East have ordered postcards with slogans of peace and love for the Syrian people.
Ramesh Shrestha, employed by Christian bookstore Ekta Book House, says that for years the best selling book during Valentine's Day is the Bible. "In my shop - he says - customers often choose the Bible as sign of affection and love for their loved one." Josh B. Niraula, former director of Caritas Nepal, notes that "Valentine's Day is for Christians and non Christians a moment to remember with gratitude the people you love," he says. He adds that despite the sentimentality, the festival is an occasion to renew our faith in love.
In Nepal there are about 150 thousand Christians, with about 8 thousand Catholics. With the collapse of the Hindu monarchy in 2006 and the birth of a secular state, Christians have been granted greater freedom of worship. To promote tourism the government declared Christmas a national holiday, ensuring greater security around Christian religious buildings. This year, about 4 thousand people, of which at least half non-Christians, attended the midnight mass celebrated in the cathedral of Kathmandu.


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Great Friday! 7-Eleven holding Name Your Price Slurpee day with all proceeds going to children’s hospitals around the country
- The promotion allows customers to buy a large slurpee for whatever price they want
- All proceeds are going directly to the official children’s hospital for each state
- The official figure raised will be officially announced by Wednesday, April 8th
In the early days of Christianity, Good Friday was as a day for fasting and grieving.
Skip to 2015 and it’s become a day for drinking large sugar-laden frozen beverages until your brain freezes over.
This Friday is Name Your Price Day, a national promotion from convenience superstore 7-Eleven, which will allow customers to buy a large slurpee for whatever price they see fit.
The national promotion from convenience superstore 7-Eleven will allow customers to buy a large slurpee for whatever price they see fit
Name Your Price Day State Charities
• NSW – Sydney Children’s Hospital
• VIC – Royal Children’s Hospital
• ACT – Canberra Hospital Foundation
• QLD – The Children’s Hospital Foundation
• WA – Princess Margaret Hospital
All proceeds from the day are going directly to the official children’s hospital in each state.
Communications Manager at 7-Eleven Tracy Hammon told Daily Mail Australia the day will bolster the company’s long-term support of children's charities.
‘We’ve held in-store Good Friday appeals for the last eight years, but this year we’re hoping to blow these figures out of the water by running this on a national scale.’
Communications Manager at 7-Eleven Tracy Hammon said the day will bolster the company’s long-term support of children's charities
All proceeds are going directly to the respective children’s hospital in each state, with the Sydney Children's Hospital appointed for NSW
Hammon said she thinks people will support the campaign if they knowing all money raised goes directly to the hospitals.
She said 7-Eleven have raised 300,000 from in store donations in the past, but they’re hoping to blow this figure out of the water.
The official figure raised from the Name Your Price Day will be officially announced by Wednesday, April 8th.
Slurpees are a popular frozen carbonated drink created by 7-Eleven in 1965, 6.6 million being sold in Australia every year.
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WINTER woolies are in demand at Red Cross stores, prompting an appeal for donations.
Head of retail Richard Wood said anything warm and in good condition would be greatly appreciated.
“If it’s the kind of thing you’d give to a friend then it’s something we’d love,” he said.
Coats, jackets, jumpers, boots, scarves and beanies are particularly sought after stock.
“If you have some spare time over the weekend, simply collect any winter clothing you no longer need and visit one of our stores to donate to help give them a new lease on life,” Mr Wood said.
Red Cross store sales support the organisation’s humanitarian activities, including disaster assistance, support programs, provision of clean water, a children’s breakfast program, and telephone calls to isolated elderly Australians.
There are more than 150 Red Cross stores nationwide.
Donated goods constitute 90 per cent of sales.
In addition to winter woolies, Bendigo volunteer Caroline Knight welcomed donations of shoes and accessories, bric-à-brac and collectables.
Donations can be made in-store at Lyttleton Terrace, or at your nearest Red Cross store.


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We’ve been eager to know what kinds of Black Friday deals Amazon has this year and now we have a good idea. You’ll need a bit of vigilance and effort to take advantage of them, though, as the holiday specials kick off on Friday, Nov. 20, and run for eight straight days, with new offers introduced every five minutes.
There will be 10 Deals of the Day announced at midnight on Thanksgiving, plus 10 more on Black Friday itself, with Lightning Deals sprinkled throughout the entire eight-day shopping event.
Some of the Lightning Deals will be available only through the Amazon Mobile Shopping App. Look for them, starting at 3 p.m. on Thanksgiving, Thursday, Nov. 26, on the “App Only Deals” tab. As we previously noted, Amazon Prime members will get a 30-minute jump on most Lightning Deals.
The retailer will aggregate all the deals at the Amazon Black Friday hub. This year, it has also instituted a “Watch A Deal” feature that alerts you on a mobile device when the deal you’re interested in goes live.
Amazon says it will cut prices by up to 45 percent on select Samsung and LG TVs this year. Here’s our take on the retailer’s specials:
In addition to the Black Friday deals mentioned below, the retailer will slice about $50 off video game console systems, which is comparable to what we’ve seen in other holiday deals. But Amazon has several bundles from which to choose.
There are also deals on computers, tablets, memory cards, and printers.
Whole Foods Market has delivered on many attributes key to millennial shoppers, yet has not established itself as their grocery store of choice. Despite investment and innovation against this key demographic, Whole Foods has yet to crack their code. Acquisition by Amazon may close the gaps needed to make Whole Foods Market millennials’ retailer of choice.
6 years, 5 months ago
Amazon has released an explanation of the events that caused the big outage of its Simple Storage Service Tuesday, also known as S3, crippling significant portions of the web for several hours.
6 years, 9 months ago


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Having dropped out of the race for leading-edge manufacturing technologies in order to focus on specialty fabrication processes, GlobalFoundries has pinned some big hopes in manufacturing RF-SOI chips for various 5G applications, as well as FD-SOI chips for low-power devices. This week the company signed a memorandum of understanding (MOU) with GlobalWafers Co. (GWC) to develop a long-term supply contract for 300 mm SOI wafers, GloFo's second long-term SOI wafers supply agreement (WSA) in less than a year. Once primarily used to build leading-edge processors, silicon-on-insulator (SOI) technology is used today for a wide variety of applications, including those that need an ultra-low power consumption (SoCs and MCUs for IoT applications), high voltages (analog/mixed signal), or high resistivity (4G and 5G front-end modules [FEMs] for...
Samsung today announced that it has started mass production of its first commercial embedded Magnetic Random Access Memory (eMRAM). Made using its 28FDS (28nm FD-SOI) process technology, the eMRAM...25 by Anton Shilov on 3/6/2019
Because of its renewed focus on specialized process technologies and competition, GlobalFoundries has opted to reconsider its plans concerning its Fab 11 located near Chengdu, China. Rather than offer...21 by Anton Shilov on 11/26/2018
Samsung recently hosted its Samsung Foundry Forum 2018 in Japan, where it made several significant foundry announcements. Besides reiterating plans to start high-volume manufacturing (HVM) using extreme ultraviolet lithography...29 by Anton Shilov on 9/6/2018
GlobalFoundries on Monday announced a milestone concerning its 22FDX-branded fully-depleted SOI low-power planar transistor platform. The company initiated volume production using the technology with yields and performance meeting expectations...13 by Anton Shilov on 7/10/2018
In a surprising move, GlobalFoundries has announced that its CEO is stepping down. Sanjay Jha, who lead the world’s second largest foundry for four years, was in the past...15 by Anton Shilov on 3/15/2018
GlobalFoundries has announced plans to expand manufacturing capacities for its leading edge and mainstream production technologies in the U.S., Germany and Singapore. After the upgrades of the fabs are...49 by Anton Shilov on 2/11/2017
GlobalFoundries recently announced the first details about its next generation 7 nm manufacturing technology, which is being developed in-house, and revealed plans to start production of chips using the...76 by Anton Shilov on 10/3/2016


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Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.
Sears, Macy’s, The Limited, Wet Seal, BCBG, and American Apparel know all too well that when you’re struggling with debt, you close stores — to steal the latest Geico tagline, it’s what you do. Payless, facing a similar predicament, is considering closing about 1,000 locations — more than a fifth of of its 4,400 stores worldwide — in an attempt to get out of debt, according to Bloomberg. If it can’t work out a restructuring plan with lenders, it may file for bankruptcy.
The brand’s woes hit some of the familiar notes: People are shopping less in stores. People are especially shopping less at malls. Payless, however, is at a particular disadvantage because while its shoes are cheap, they aren’t necessarily the kind of products shoppers want.
Payless is aware of the mall problem. It was already in the process of getting out of the mall before this recent news, announcing in September it was set to close up to 500 smaller mall-based locations in favor of new “Super Stores,” with larger locations and a wider assortment of products available.
But an analyst told Footwear News at the time that the new super stores would help Payless compete with stores like DSW — an effort that may be in vain. The stores that are thriving these days offer name-brand products at a discount, from T.J. Maxx and Marshalls to DSW, which sells brands like Steve Madden, Sam Edelman, and Michael Kors for less. The shopping experience is like a treasure hunt for shoppers, with one customer telling Bloomberg recently, “I kid you not, I could spend hours in there.”
Meanwhile, Payless offers off-brand products that are cheap, but don’t offer the thrill of finding a deal on a luxury label. While it does carry shoes from outside brands — Champion and American Eagle currently offer styles on the site — they don’t have the same name cachet as a Kors. Even Christian Siriano, who has collaborated on a line for Payless for years, says that his hope is for shoppers buying his Payless collaboration to one day become customers of his main line.
Getting out of malls is a good first step for Payless, as recent studies have shown today’s consumer isn’t all that excited about them. But finding a way to make its products desirable — beyond a decent price tag — will be essential if the brand is going to climb out of its reported $600 million debt.


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The unsung hero of the Toyota Yaris WRC car casually doing 190+ km/h during its shakedown in Kenya is the suspension setup that soaks up each gravel road imperfection that enables the car to achieve such speeds.
After the 2022 Safari Rally Kenya shakedown yesterday proved, the only event on the African continent should provide incredible high-speed stages through the unforgiving savannah biome. Here is what to expect.
A press statement released by the president of Kenya suggests that Volkswagen is “exploring” the possibility of producing a small SUV in the African country…. Read more →
Groupe PSA says it has signed an agreement to assemble Peugeot vehicles in Kenya from June 2017. This follows last year’s news that Volkswagen would… Read more →


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Britain’s premier motorcycle racing website, www.bikesportnews.com, will launch a print version of its popular brand on April 5 this year, just in time for the first round of both the British Superbike Championship at Brands Hatch and Losail’s MotoGP opener.
Brought you to by the same team that launched the website some five years ago, the new(s)paper will be true to the values that bring more than a quarter of a million people to the website each and every month but with the added depth that print allows. To that end, David Miller will be joined by respected journalist Dave Fern on the editorial team, Simon Owen will be in charge of shapes and colours while the whole thing will be kept on a tight lead by Obergruppenführer Helen Chapman.
Each round of MotoGP, World Superbikes and BSB will be covered in detail, as will every single round of every single club race that happens in the UK. Added to that will be extensive coverage of Irish road racing. Bikesportnewspaper will use the talents of the best photographers in the world to bring you action in the most glorious technicolour in a Super A4 format.
In addition, in-depth features on the riders, the bikes and the history of this great sport will be on the agenda. And you will be able to win stuff and get big discounts on other stuff all for just £1.99.
On sale in all high street stores and independent retailers, the paper will be found up on the shelves first thing on April 5 and then every other Thursday from that date onwards. To take advantage of a great subscription deal, click here.


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Even in the advanced smartphone world, feature phones have not lost their charm. We say this as Microsoft has launched the Nokia 215 feature phone in single and dual SIM variants when the entire tech world is eagerly anticipating the launches made at the CES 2015 tech show.
The Nokia 215 carries the highlight of being the most affordable Internet enabled feature phone and it is priced at $29 (approx. Rs 1,800). It handles web access with 2G and EDGE (dual band) connectivity options.
When it comes to technical specifications, the Nokia 215 houses a 2.4 inch display with a QVGA screen resolution of 240×320 pixels and support additional storage up to 32 GB with the help of a micro SD card. The Internet enabled feature phone is based on Nokia Series 30+ operating system and is equipped with a 1,100 mAh battery that is rated to pump in 20 hours of talk time and 29 days of standby time respectively.
On the software front, the Nokia 215 is preloaded with Opera Mini for web browsing, Facebook, Twitter and Facebook Messenger for social networking and other apps such as MSN Weather and Bing Search. The handset comes with SLAM feature that will share files via Bluetooth 3.0. For imaging, the handset includes a VGA camera at its back without any additional feature such as LED flash. However, there is a built-in torchlight at the top of the Nokia 215.
The Nokia 215 and 215 Dual SIM are launched in a slew of color options such as Bright Green, Black and White. The handsets are slated to hot the retail shelves in select markets in the Middle East, Africa, Asia and Europe in the first quarter of this year.
|Display||2.4 inch, 240×320|
|Storage||Expandable up to 32 GB|
|OS||Nokia Series 30+|


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The financial results of Indian corporate sector hit a six-quarter low for the period under review, registering a revenue growth of merely 10.7 per cent, said ICRA in a press release Monday.
This is in contrast with more than 20 per cent growth recorded in the last three successive quarters and about 13 per cent growth seen in the couple of quarters preceding them. The study was conducted on a sample of overall 304 companies.
This decline in revenue growth has been mainly attributed to weak consumer sentiments and softening of commodity prices. The top line in consumer-linked sectors in the sample such as FMCG and Auto grew by just 2.3 per cent in Q4 of the financial year 2018-19, as against 9.8 per cent in the preceding quarter.
Comparatively, the revenue growth in commodity-linked sectors was at 12.4 per cent in the period under review, down from 31 per cent in the preceding quarter.
“The weakness in the consumer-linked sectors was visible in the decline in wholesale dispatches of passenger vehicles and two-wheelers in Q4 FY2019 and sequential decline in same store sales growth of quick service restaurants and retail chains and even FMCG companies. The decline in consumer sentiments was reported in both urban and rural segments, as reported by Auto OEMs and FMCG companies,” said ICRA’s Vice President - Corporate Sector Ratings, Shamsher Dewan.
Bucking the trend, the EBITDA margin of these companies however witnessed an increase in the 2019 Jan-Mar quarter, rising to 16.8 per cent as against 15.9 per cent in the previous quarter. On year-on-year basis though, the profit margins in Q4 FY19 declined sharply from 17.6 per cent number same period last year.
“The EBITDA margin of ICRA’s sample declined by 78 bps YoY to 16.8% but reported a 93-bps improvement sequentially because of price hikes initiated by companies in select sectors, lower cost of imports (benefits of improvement in INR vis-a-vis US$ in Q4 compared to Q3) and softening in commodity prices,” added Dewan.
In FY20, the financial results of the Indian corporate sector are likely to remain under pressure in the first quarter, the CFOs said. This is because there was uncertainty prevailing due to the 2019 Lok Sabha elections. However, in the subsequent quarters, the picture is expected to improve drastically for there is now a stable government at the centre.
“There will be an impact in the first quarter due to elections. But this will be temporary, things will improve going forward,” said Giri Giridhar, CFO at Indian Hotels, the owner of the Taj luxury hotel chain.
Ved Prakash Goel, Chief Financial Officer at Dr. Lal PathLabs, concurring with Giridhar’s optimism, said consumption will not be a problem and the demand is expected to get better only. The healthcare company anyway posted a healthy revenue growth of 12.9 per cent in the Q4 of FY19 as against about 11 per cent in the previous quarter.
To tackle demand woes, the Modi-government is looking to provide some tax incentives and infrastructure boost in its full year Budget proposals for FY20.


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Hearing ordered for SLA, Empire
State agency says retailer violates rule that bans some wine shipments
The Colonie-based retailer filed suit against the SLA in September, seven weeks after the authority sent Empire a letter saying it was in violation of a regulation that allows the SLA to revoke, cancel or suspend a liquor license because of "improper conduct by the licensee." SLA cited Empire for shipping wine to states that bar direct sales to consumers or require out-of-state retailers to obtain permits.
Empire doesn't deny shipping the goods, but its lawsuit argues that there is no New York state law or regulation barring the shipment of wine to customers in other states. Moreover, the suit claims that the Commerce Clause of the U.S. Constitution gives the federal government and not individual states the power to regulate interstate trade.
In an 11-page ruling dated Tuesday, Justice George Ceresia of Troy rejected Empire's additional complaint that the statute SLA is using to challenge its license is excessively vague, and denied Empire's request for a preliminary injunction preventing the agency from taking action.
Empire is scheduled to have its hearing before the SLA on Wednesday, Dec. 3, in Albany.
SLA Chairman Dennis Rosen has forcefully defended action against Empire, while insisting that the authority won't be going after every state retailer that ships wine to the 37 states that are off-limits.
"In addition to sending this case back to the SLA for an administrative hearing, Justice Ceresia's decision also upholds the SLA's clear statutory authority to bring charges when a liquor store illegally sells and ships wine," said SLA spokesman William Crowley
In a statement, Empire spokesman Josh Goodman said Ceresia "did not dismiss the case on the merits. Instead, the court made a fairly routine decision to allow the SLA's administration process to go forward, concluding that Empire's arguments should first be made before the agency itself."
email@example.com • 518-454-5619 • @CaseySeiler


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Is it a foldable smartphone made by Xiaomi, or is it fake news from someone messing up with a reliable serial leaker?
Evan Blass of international technology site VentureBeat, who goes by the handle @evleaks on Twitter, shared a video of an upcoming handset that’s supposedly manufactured by Xiaomi.
It’s so dark that you can hardly see anything — much less a brand logo — except the screen and what’s on it. And from the stuff we can make out, the device is running Android 9.0 Pie-based MIUI 10.
Can't speak to the authenticity of this video or device, but it's allegedly made by Xiaomi, I'm told. Hot new phone, or gadget porn deepfake? pic.twitter.com/qwFogWiE2F— Evan Blass (@evleaks) January 3, 2019
Fake or not?
Unlike the prototype that Samsung showed off at its developer conference in the U.S. last year, which becomes a phone when folded like a book, the one seen in the video has a three-panel design. You can fold the left and right panels backward to turn the unit into a smartphone.
Not sure if it’s a prototype, but as it is, the device already looks pretty neat and makes us want to see more of it. Everything seems to work smoothly as well.
Could the foldable mobile seen here be the rumored mystery product that Google is supposedly working with Xiaomi?
Don’t want to stoke “Ultra” conspiracies, but: I just remembered there is *one* piece of evidence of Google doing something unusual. Partnering with Xiaomi for some mystery device.— Stephen Hall (@hallstephenj) September 21, 2018
(Which we were told is “not a Pixel”, so take that for what you will.) https://t.co/TU7aa6ngJA
Google-Xiaomi partnership at the 16:10 mark in the podcast
Whatever the answer may be, one thing’s for sure: The foldable-phone category will get more interesting, as Samsung will not be the only major player in the market; the Korean tech giant will reportedly be joined by companies like Huawei, OPPO, and LG, to name a few.
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Shanghai/Melbourne | Beijing has announced new rules to tighten the sale of overseas infant formula into China while encouraging local companies to buy foreign dairy producers, setting a target to be 60 per cent self-sufficient in the product within three years.
The latest regulatory shake-up of infant formula imports into China hit shares in Australian exporters because of fears it could hurt demand as the Chinese government encourages its citizens to buy more local products. A2 Milk stock was down more than 10 per cent at mid-afternoon on Tuesday.
China's state planning authority announced the changes late Monday, saying it would tighten the regulation of overseas manufacturing operations to ensure the safety of imported products.
It set a self-sufficiency target for domestic-made infant formula of 60 per cent or above within three years, compared to 47 per cent currently, according to state-controlled media. Authorities said they wanted to build confidence in local products.
A deadly milk scandal in 2008 rocked confidence in China’s baby formula industry, which helped drive demand for products from Australia. Beijing has been tightening regulations around food security for the past 10 years.
The action plan released by China's National Development and Reform Commission said Chinese companies would be encouraged to buy foreign producers and set up their own production overseas. It flagged financial incentives, such as tax cuts and funding assistance, to help Chinese firms to make acquisitions overseas. Support would be given to encourage sharemarket floats and corporate bond issues.
The plan also flagged stricter supervision covering e-commerce and registration for infant formula being sold into China, with a "zero tolerance" policy on unregistered formula.
However, analysts in China noted Beijing had set similar targets to be more self-sufficient in 2013 that were never realised, and said the new rules should not be "over-interpreted".
"I don't think it will have a significant impact to overseas infant formula manufacturers," said Song Liang, a dairy analyst in China. "It is to show central government support to domestic infant formula producers. For overseas sales agents and manufacturers, if you abide by China's regulation, there should not be a problem."
He did not say whether he thought the move was politically motivated, but noted Australia had close ties with the United States and political and trade relationships were often linked.
Austrlia’s biggest infant formulas exporters to China include A2 Milk, Bellamy's and Bubs Australia. The biggest foreign players are Europe’s Danone and Nestle and US companies Mead Johnson and Abbot Nutrition.
A2 shares fell more than 7 per cent to $13.25 on Tuesday as investors digested the news. The stock hit a record high of $15.96 on April 30, but has seen almost $1 billion wiped from its valuation since the start of the week.
An A2 spokesman said the company was examining the NRDC’s announcement but noted there had been no new specific regulations proposed, or any amendments to existing regulatory framework.
Sydney-based Morgan Stanley analyst Thomas Kierath said the plan created the risk that A2 and Bellamy's could see their "effective addressable market in China shrink, and a focus on traceability could lead to a crackdown on the daigou channel, to which A2 is heavily exposed”.
The daigou channel refers to Chinese visitors buying goods off Australian retail shelves and reselling them in China via e-commerce websites.
Bellamy’s, which is still trying to obtain approval from China’s State Administration for Market Regulation for its China-labelled organic formula series, declined to comment on the record.
The stock has fallen 8 per cent since the start of the week to $7.85.
Bubs Australia was one of the hardest hit, with its stock falling 8 per cent on Tuesday after crashing 7 per cent on Monday.
But chief executive and founder of Bubs Australia, Kristy Carr, said the focus on encouraging Chinese players to move further into global supply chains would actually work in Bubs' favour, given it established a relationship with Chinese formula group Beingmate in March.
"They are very closely aligned with the Chinese authorities and I think setting up a joint venture … is really the type of kind of relationship between an international brand and a Chinese company that they are encouraging," Ms Carr said.
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Likely to continue with the 110 cc engine.
February 2015 saw Honda Motorcycle and Scooter India (HMSI) unveil the 2015 model year Dio, Dream Yuga, Dream Neo, CB Shine, and not to forget, the Activa 3G. The premium scooter, Aviator, was missed on the podium, but this leaked image, courtesy of Motorbeam, shows that HMSI has not forgotten about its flagship scooter offering.
The Aviator gets a design overhaul for the 2015 model year, and looks much slimmer than the current model; the side panels especially seem to have reduced in bulk. Changes at the front include a shorter bumper, slimmer turn indicators, omission of the chrome highlight, and a mildly redesigned headlight.
The leaked image also suggests that the 2015 Aviator will come with larger tyres for increased ride comfort. HMSI will continue to offer a front disc brake and alloy wheels as part of the optional equipment.
The 2015 Aviator should continue with the tried-and-tested 109.2 cc air-cooled single-cylinder engine borrowed from the Activa. This unit produces 8 bhp at 7,000 rpm and 8.77 Nm of torque 5,500 rpm, and is paired to the V-Matic transmission (CVT). The outgoing Aviator has a top-speed of 83 km/h and a fuel efficiency claim of 60 km/l (internal tests).
The report states that the 2015 Aviator will launch in the second half of this year, with a marginal increase in pricing. The updated Aviator will be part of HMSI's 15 new models for 2015.
[Source - MotorBeam]


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Aadhar card enrollment will now be done at gas agencies’ offices in Kolkata from November 21 to January 10. Centre has announced to provide LPG subsidy on the basis of Aadhar card but majority of metro people have not enrolled for Aadhar card yet. Kolkata Municipal Corporation has taken steps for resolution of this problem. Corporation Commissioner attended a meeting with representatives of all three oil companies, gas agencies operators and officials of Aadhar card scheme. There are about 12 lakh LPG consumers in Kolkata served by 41 gas distributors. Temporary camps will be setup at offices of gas agencies and only LPG consumers could enroll there for Aadhar card. Kolkata Municipal Corporation is the nodal agency for Aadhar card enrollment.
Pathankot DC reviews Aadhar Card DBTL scheme progress
Special meeting regarding DBTL scheme for providing direct LPG subsidy to the consumers in Pathankot was organized at the swimming pool hall which was headed by DC Sibban C. The meeting was attended by District Food Supplier Controller (DFSC) Mangal Das, District Manager Rajesh Gupta, Area Sales Manager JP Lilvan, officials of various banks and gas agencies operators. DC Saibban said that consumers should get benefits of DBTL scheme for which Aadhar card number should be linked with bank account and gas consumer number. He also bank officials to bring pace in linking Aadhar card with bank account. He also asked LPG dealers to bring pace in registering Aadhaar LPG in their regions. He also asked dealers to put drop boxes outside their offices so that people can drop their Aadhar bank link form. He also asked to encourage people about this scheme. DC also urged LPG consumers to for getting direct subsidy in their account under the DBTL scheme, they should link their Aadhar number with bank account and consumer umber. See linking Aadhaar number with bank account.


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Bulgaria's Revenue Agency Auctions Cheap Confiscated Property
Bulgaria's National Revenue Agency is putting up for online auction more than 60 vehicles in the next two weeks.
The cheapest car has a starting price of BGN 200 and the most expensive - BMW X5 costs BGN 14,000.
Besides automobiles, the National Revenue Agency (NRA) has put up for sale apartments, commercial vehicles, land lots, shops, gyms, SPA centers, and attractive properties in Bulgaria's mountain and sea resorts at prices lower than the market ones.
The sold items belonged to debtors to the NRA or have been confiscated by the state. A total of 3,450 ads have been published in the online store of the Agency since the beginning of the year, BGNES informs.
The list of items sold by the Revenue Agency is updated daily. Currently, the largest number of ads is for the sale of real estate, cars and trucks.
- » Airlines Fear Wave of Compensation Claims After EU Court Ruling
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- » Power Distributors in Bulgaria Seek 8% - 20% Increase in Prices of Electricity
- » Mayor of 'Mladost' District in Sofia is Arrested For Receiving a Bribe
- » Sunny Beach Topped a Global Ranking for Destinations that Offer Quality Bargain Vacation
- » Air France Cancels Flights Due to Another Strike Over Pay


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Google officially acquired wearables brand Fitbit for $US2.1bn ($3bn) last week in an effort to strengthen its hardware offering.
And while the acquisition now gives Google a direct response to Apple’s successful Apple Watch, not everyone is happy with the move.
With Fitbit trackers collecting sensitive health data, such as heart rates and sleep patterns, there have been immediate concerns around how Google might manage this data.
It seems impossible, but #Google is about to increase its obscene #surveillance program dramatically. It's buying #Fitbit to monitor our sleep, activity, exercise, heart rate & more. Fitbit doesn't use such info to manipulate us; Google will. #BeAfraid https://t.co/0SZyBNiILt
— Dr. Robert Epstein (@DrREpstein) November 3, 2019
I don’t understand why all the tech press stories today talk about Google’s acquisition of Fitbit as a hardware acquisition. Why are they being so naive? This is a data acquisition. It’s about the data. That’s why Facebook was trying to get Fitbit instead. #hellnonotmydata
— Jen Simmons (@jensimmons) November 1, 2019
Despite the public’s concerns around data usage, Google says the acquisition is all about democratising wearables.
“Fitbit has been a true pioneer in the industry and has created engaging products, experiences and a vibrant community of users,” said Google SVP devices & services Rick Osterloh.
“By working closely with Fitbit’s team of experts, and bringing together the best AI, software and hardware, we can help spur innovation in wearables and build products to benefit even more people around the world.”
Osterloh conceded that to “get this right”, privacy had to be a top priority for the merging companies.
“We will never sell personal information to anyone,” he said.
“Fitbit health and wellness data will not be used for Google ads.”
Fitbit users will also be given the option to review, move or delete their data.
FitBit also vowed to continue to protect user data.
“Consumer trust is paramount to Fitbit,” the company said in a release.
“Strong privacy and security guidelines have been part of Fitbit’s DNA since day one, and this will not change. Fitbit will continue to put users in control of their data and will remain transparent about the data it collects and why.
“The company never sells personal information, and Fitbit health and wellness data will not be used for Google ads.”
The deal is expected to be finalised next year, although it could attract the attention of antitrust regulators in both the US and Europe.
Twitter was forced to make the unprecedented decision to disable the ability of verified accounts to send tweets following a major hack. The hack saw Barack Obama, Joe Biden, Bill Gates, Elon Musk, Kanye West and Michael Bloomberg attempting to fool their millions of followers with a Bitcoin scam. As well as these major political […]
Acast Marketplace now has a virtual storefront. Advertisers can browse Acast’s global inventory of thousands of monetizable podcasts, and use search criteria to filter a list of shows that best fit their brief and budget. Filters include audience demographics such as age, gender and language, podcast subject categories, and more — and, once selected, the […]
Data science led marketing agency, Jaywing, has won the SEO account for online fashion retailer, Princess Polly, in both Australia and the United States, adding to its ever-growing eCommerce portfolio. The Sydney based agency will be managing the retailer’s search engine optimisation, with the aim of facilitating the brands growth in Australia and the US, […]
The Connect Agency has just announced the launch of their micro influencer booking agency, Connect Engage. The division will represent digital content creators in the kids and family; interiors; and health and wellness spaces to drive brand engagement and reach further. Connect Engage will work alongside the public relations, creative, and talent representation arms of […]
Cashrewards, today announced the appointment of experienced loyalty, data, digital marketing and ecommerce executive Bernard Wilson as its Chief Executive Officer. Wilson previously ran loyalty, data, media and marketplace for Myer and was a senior executive in loyalty and data at WooliesX. He joins from data science and artificial intelligence leader Quantium, where he was […]
As BritBox escalates its plans to launch in Australia later this year, joint venture partners BBC Studios and ITV announce the appointment of Moira Hogan as Country Manager. Tasked with leading the BritBox Australia strategy and team, Moira joins from Network 10, where she was Head of Content and Commercial Partnerships for Digital Media. She […]
Australian Energetic Beauty brand, Bean Body today launches its new campaign #BEANYBODY that breaks convention by featuring every bodies. Captured by Steven Chee and styled by Marina Didovich, with hair by Anthony Nader and makeup by Max May, the campaign features the completely unretouched new faces of Bean Body – 12 inspiring everyday women who […]
A new media platform servicing Australia’s burgeoning legal cannabis industry launches today. Cannabiz is the brainchild of Mumbrella co-founder and former CEO Martin Lane and KlickX founder Kim McKay. It will inform, educate and connect Australia’s legal cannabis sector through its website weekly newsletter, podcast, market intelligence, industry reports, networking events and business consulting services. As […]
Medallia today announced an integration between Medallia Experience Cloud and Adobe Experience Platform (AEP) that gives brands comprehensive insights into the complete customer journey to deliver highly personalised real-time experiences that increase purchase frequency. Customer feedback from Medallia Experience Cloud seamlessly integrates with behavioral data in Adobe Experience Cloud to deliver a single view of […]
“As marketers, we tend to overcook the storytelling process.” That was the message from Carlton and United Breweries head of creative and production Jonathon Bernard, during a special B&T Webinar on Storytelling at Scale, presented in partnership with Shutterstock. “Successful storytelling is the ability for a story to resonate and connect with its audience. As […]
oOh!media’s Queensland market position is set to be bolstered with the appointment of former ARN Sales Director Jamie Wood as the new leader of its Queensland sales team. An experienced and respected industry figure, Wood will enhance the capabilities of the local sales team while delivering strategic leadership and building customer relationships across the portfolio. […]
New research has examined the role of echo chambers in Australia and their impact on society, media and brands, offering guidance to marketers on how to escape the sea of sameness surrounding their industry. The independent study conducted by the human and cultural strategy team of FiftyFive5 and Nine’s marketing solutions division, Powered, examined the […]


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Headline Media Group shows improvement
TORONTO - Headline Media Group, owners of The Score and PrideVision TV showed improved third quarter results, ended May 31st today.
Its third quarter press release said net income before interest, income taxes, depreciation and amortization was $1.1 million, an improvement from a loss of $4.9 million in the same period last year. For the nine months ended May 31, 2003, net loss before interest, income taxes, depreciation and amortization was $2.4 million, an improvement of $11.4 million from a loss of $13.8 million in the same period last year.
Losses last year stemmed largely from a too-big Major League Baseball contract for The Score which was terminated early and ceased with last season's World Series.
Net income for the three months ended May 31, 2003 was $300,000 an improvement from a loss of $6 million in the same period last year. For the nine months ended May 31, 2003, net loss was $4.6 million, an improvement over the $16.5 million recorded in the first three quarters of fiscal 2002.
Consolidated revenue for the third quarter decreased by $300,000 to $9.1 million. This decrease was due to significantly lower revenue in the St. Clair Group sports and entertainment marketing division. Revenue in that group declined by $1.4 million to $3.1 million for the third quarter ended May 31, 2003 due to lower advertising revenues.
However, increased revenue in the broadcasting group offset some of this decline, as revenue increased 21.7 % to $6.0 million for the third quarter ended May 31, 2003.
Broadcasting group revenue increased 16.5% to $16.2 million for the nine months ended May 31, 2003 due to increased subscriber revenue and increased advertising revenue.
However, the company still faces an uncertain future and is still looking for funding. As reported earlier this year by www.cablecastermagazine.com, the company indicated it needed additional cash or to sell assets in order to continue past the end of this fiscal year, ended August 31st, 2003.
The release has pushed that deadline out until the first quarter of fiscal 2004, ending November 30, 2003.
"With the credit facilities and financing currently in place and assuming the successful execution of its current business plan, management believes there are sufficient resources to fund operations until the end of the first quarter in fiscal 2004. During 2002 and continuing into fiscal 2003, the company has introduced significant cost cutting measures to preserve cash and to strategically realign the company's resources. Beyond the end of the first quarter in fiscal 2004, the company will require additional funding in order to continue operations and service the commitments under significant agreements," reads the release.
"The company is actively pursuing alternative financing with potential lenders and investors, which if successful, will, in management's view, enable the company to achieve its business plans in the long-term. No agreements with potential lenders or investors have been reached yet and there can be no assurance that such agreements will be reached. In addition, the company continues to review other alternatives, which could involve renegotiating existing cash commitments, further reducing its work force, a further restructuring of the business units which may include the divestiture of certain assets of the company, or attracting a strategic investor that would assist in developing the business of the company."
For the full release, go to www.headlinemediagroup.com.
Back to headlines
Copyright © 2003 Business Information Group
All rights reserved.


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Even more impressively, the company says that its batch-tracking analysis indicates that its maximum limits actually tend to be well under-up to 83% under-even its own strict 0.01 mg/kg threshold.
At SupplySide West, Epax AS (Aalesund, Norway) announced that beginning this fall, the company provides customers with a certificate of analysis guaranteeing that all of the firm’s marine omega-3 concentrates meet maximum limits of 0.01 mg/kg for all 209 congeners of polychlorinated biphenyls (PCBs). PCBs are environmental toxins addressed by such regulations as California’s Proposition 65. Epax’s standards for the absence of PCBs are significantly higher than the industry standard.
As Epax explains, current industry PCB standards set a maximum limit of 0.09 mg/kg PCBs, and for only seven PCB congeners. (For instance, this is the maximum limit of the Global Organization for EPA and DHA Omega-3s’ Voluntary Fish Oil Monograph.) By contrast, Epax says, its own omega-3 concentrates meet maximum limits of 0.01 mg/kg-and that is for all 209 congeners, not just seven congeners. Epax says its maximum threshold is nine times lower than current recommended limits, a result of the company’s extremely pure processing and handling process all the way through.
Even more impressively, the company says that its batch-tracking analysis indicates that its maximum limits actually tend to be well under-up to 83% under-even its own strict 0.01 mg/kg threshold. For now, the firm says, it will keep using the 0.01 mg/kg threshold but in the future may lower that maximum limit even further.
The company says that by analyzing concentrates for all 209 PCBs, it will ensure that products do not exceed their safety limits based on recommended dosages. Moreover, it will help marketers meet regulations such as California’s Prop 65. As the company explains:
Current law in the State of California is not based on maximum limits of PCBs as 0.09 mg/kg in total, but on the daily maximum intake per congener. To avoid triggering a Proposition 65 warning requirement in California, consumer products need to make sure that the total exposure of PCBs from the labeled dosage is less than 0.09 mg for all 209 congeners.