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HTC has officially announced that it will release a dual-SIM variant of its flagship – HTC One. This HTC One (M8) Dual SIM will be available in Germany, Austria and Switzerland, starting from next week. It will be priced at €799, with the single-SIM HTC One (M8) priced at €570.
Besides the dual-SIM feature, HTC One (M8) Dual SIM has the same specifications as its single-SIM variant. They are both equipped with a 5-inch display, powered by the Snapdragon801 processor and run on Android Kitkat with its Sense 6.0 UI. However, for photo lovers, the selling point of HTC One (M8), both single-SIM or dual-SIM, should be its dual rear cameras, including a 4-UltraPixel camera and a depth sensing camera.
It is likely that HTC One (M8) Dual SIM will come only in the color of Gunmetal Grey. HTC does not say whether this dual-SIM flagship smartphone will come to other countries, but we are sure that it will be available soon in Russia and will not make it in the US.

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Lit or thirsty? FreshDirect’s new food app speaks fluent millennial
YASSS, FreshDirect’s latest food delivery app geared toward millennials has #goals.
The FoodKick app, released last month, promises to deliver fresh cooking ingredients, prepared meals and even alcohol to urban-dwelling millennials in as little as an hour, all with a few swipes and clicks. The assisted-living-for-young-people space is crowded, with much of Silicon Valley apparently focused on making the age-old need to secure food as easy as possible.
What’s noteworthy about FoodKick is the lengths it goes to adopt the patois of millennials. In fact, FreshDirect leaned on a focus group of 100 millennials in building the app. Forget your password? No problem, the app responds, “Whoops, can you check your deets again?” In trying to get users to sign up for push notifications, the options are “YASSS” and “Not Now.” There is not a third option for: “Communicate using the standard English language.”
The non-millennial user simply shopping for groceries will be flummoxed. Words like “hanger,” “delish” and #likeaboss are in abundance. Today is billed as #TacoTuesday, so “def don’t forget the guac.” The only delivery areas currently available are Brooklyn and Long Island City, a sliver of Queens that might as well be Brooklyn.
“The voice and tone certainly skews towards millennials,” said Kolodny Johnson, vp of brand marketing and communications at FreshDirect. “There was a conscious design and strategy approach, but we definitely tweaked the language, content and positioning according to their inputs. You have to be hyper-relevant with this generation.”
Of course, one person’s “hyper-relevant” is another’s pandering. The key, according to Lawson Clarke, a creative director at Hill Holiday, is having a brand that itself is young.
“It’s painful if Home Depot started talking like a millennial but FoodKick seems like they’re all in from the get-go,” he said. “It sounds like a fun service packaged in a fun way.”
The same irreverent tone is also visible on the brand’s social channels, be it Instagram, Facebook or Twitter. The brand is especially focusing on Instagram, “given how well it lends itself to visual imagery of food,” but also plans to make a Snapchat debut soon.
“Since we only launched two weeks ago, we’re still taking a slow approach to social,” said Johnson. Which makes it no less on fleek.
More in Marketing
TikTok has officially launched its new e-commerce platform, TikTok Shop, earlier this month on August 1. Using the new e-commerce platform, brands and creators can sell products directly on the platform, potentially creating new revenue streams, and tap into the short-form video platform’s growing popularity.
‘The influencer industry can be really vile’: Confessions of an influencer marketer on the industry’s unfair hiring practices
While the influencer industry might sound exciting and like it’s full of opportunities, one marketer can vouch for the horrific scenarios that still take place behind the scenes.
After a tumultuous 12 months, marketers are getting a clear picture of how they really did during a time of true uncertainty. And, as it turns out, it wasn’t all that bad.
Ad position: web_bfu


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A British leather brand that counts the Duchess of Cambridge and former Doctor Who Matt Smith among its fans will open its first-ever shop in 139 years of trading in London this year.
Tusting, which started life as a tannery, will open a pop-up shop in London followed by a store in Tianjin in China. The family-run firm has been building up its own-brand leather bag and accessories business overseas and now 40% of its sales are in Japan.
In London it has signed a deal with landlord the Crown Estate to open at 39 Jermyn Street, near Fortnum & Mason, in December. It has also agreed with distribution partner Jiabao Sheng Shi Beijing Trading Co to open in Tianjin’s Kerry Centre, close to luxury brands including Louis Vuitton and Hermes, in the new year.
Director William Tusting said: “Our new website is a great step. But ... it takes a lot of work to drive people to the site. The plan is to continue to steadily build our brand and raise awareness in the UK and overseas, and a physical presence will help.”
The brand sells in stores including Fortnum & Mason and Pickett, the luxury leather shop. Tusting will consider a permanent store in London next year. The brand makes all its bags in Buckinghamshire, employing 38 staff. Sales last year were £4.8 million.Reuse content


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Ministry of Road Transport & Highways has issued notification no GSR 547(E)
dated August 1, 2019, exempting the armoured and other specialised vehicles of
Indian armed forces and paramilitary forces from the new stringent vehicular
emission norms (BS-VI) which are set to take effect from April 1, 2020. The
Ministry has also granted exemption to these vehicles from BS-IV compliance.
exemption has been granted because these vehicles operate in remote and
inhospitable terrains with most challenging operational and environmental
conditions. Due to security challenges and requirements of specialised
operations, the development of suitable engine compliant with the above norms
would require considerable time. Further, it is difficult to maintain ideal
transportation and storage conditions of fuel in these conditions.
the Government, vide G.S.R. 485(E) dated 19.05.2017, had exempted motor
vehicles used for Government purposes relating to the defence of the country
from BS- IV norms and, vide G.S.R. 871(E) dated 13.09.2018, had exempted
special purpose vehicles (armoured and other specialised vehicles) used for
operational purposes for maintenance of law and order and internal security
from BS-IV norms, for a period up to 31st December, 2019.
manufacturers like Tata Motors, Ashok Leyland, Force Motors, among others
supplies specialised vehicles to the defence forces.
Bolt, India’s largest EV charging network, announced the launch of Bolt Lite, India’s first safest, smartest and most affordable universal EV charging socket.
Renon India, one of India’s leading energy storage companies, has launched its swappable smart batteries, Groot, for electric 2-wheelers. The Li-ion battery pack for low and medium speed EVs is built ...
MG Motor India introduced ‘MG Service on Wheels’ initiative to provide customers with car repair and maintenance services from the comfort of their homes. This service outreach programme reinforces th...


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–WORDS Michaela Stehr IMAGES R & Company and Joe Kramm
Woven Forms is a collection of limited-edition rugs by top international designers, which will be showcased at Southern Guild in Cape Town until the end of 2018.
Presented by New York City art gallery R & Company and Amini, this is the first time that the rugs will be showcased in South Africa. The collaboration was initially presented for the first time at the 57th Venice Biennale in May 2017.
Artists and designers exhibiting their exciting works, which each took roughly six months to create, include Wendell Castle, Rogan Gregory, Dana Barnes, The Haas Brothers, Katie Stout, David Wiseman and Renate Müller. These leading international artists were given the opportunity to explore the ancient art and history of carpet making and weaving in India and Nepal.
“Having no experience in carpet making opened up endless possibilities; without previous knowledge of the process they were not tethered by any limits normally associated with the craft,” says Evan Snyderman, co-founder of R & Company. “The resulting designs pushed the boundaries of the medium, creating a more interesting collaboration with the makers themselves as they responded with new techniques and ways of making that they’d not yet considered.”
Woven Forms runs alongside Foundry Proof, an exhibition held in collaboration with Bronze Age Studio, featuring designs in bronze by a selection of renowned South African artists.
Visit the exhibition from 21 September 2018 until the end of the year at Southern Guild, located in the V&A Waterfront’s Silo District in Cape Town. The gallery is open Monday to Friday, from 9am to 6pm and on Saturday from 10am to 2pm.
For more information, visit southernguild.co.za.


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For Pressery, which produces HPP cold-pressed juices and drinking vinegars, a line of bone broths might not seem like the most logical brand extension. After all, the company's other lines are purely vegan and bone broth takes the company into the carnivore realm.
From a packaging perspective, the new green label more effectively catches the eye than prior efforts. You are almost immediately drawn to the “Original Coconut Smoothie,” which is both the flavor name and the descriptor of what’s inside the bottle.
Superior hydration drink, Hoist, successfully grew its footprint in the competitive water market with a rebranding and smart transportation partnership. Working with Zipline Logistics, a beverage transportation specialist, they saved thousands in operation costs, built strong retailer relationships, and delivered on brand promises.
The gang from Project NOSH mines food trends from the recent Summer Fancy Food Show in Manhattan.
Project Juice announced the news in a press release on Tuesday, in which CEO Susan Shields said the addition of Jirik - and the creation of the new position - arrives as part of Project Juice’s efforts to expand its wholesale business beyond its brick and mortar locations and the business’ continuing evolution from “from a cold pressed juice to a plant-powered nutrition brand."
Rewatch the Livestream Lounge interviews that took place at BevNET Live Summer 2016 on June 14+15 in NYC.
First will remain a board member with several brands that he started working with via First Beverage, including Health-Ade, Purity, Q, and Project Juice.
Vita 500 is a vitamin drink that is popular in South Korea, which is where the product is manufactured. Its key benefits are its 500mg of vitamin C (830% RDA) as well as B vitamins, which come inside a formulation that tastes somewhat like a non-carbonated cousin of an energy drink.
Genius Juice, which has made significant strides in the distribution of its organic coconut smoothies, recently unveiled a new look. The revamp comes with a simplified name for the brand, now known simply as “Genius,” and two new flavor varieties.
For the purposes of this review, we sampled two flavors, Pinot Sage and Apple Juniper. As far as “mainstream” kombucha flavors go, these definitely seem far from it. The products have only trace amounts of bubbles, a modest amount of sweetness, and a slight oak note.
Avery’s Beverages, a specialty soda maker based in New Britain, Connecticut, has introduced ‘Trump Tonic’ and ‘Hillary Hooch’, two new carbonated soft drinks based on the 2016 presidential candidates.
Jittery John’s offers a diverse line of cold-brew coffee offerings. They have seemingly every type of cold-brew covered: ready to drink, nitro, concentrate, office delivery, single origin, New Orleans style, and even a high pressure processed variety with Brazil nut milk.
In this podcast, recorded at Spindrift headquarters in Waltham, Mass., we sit down with founder and CEO Bill Creelman and CMO Strick Walker to discuss the company’s approach to an upcoming label refresh and how it incorporated consumer feedback into the redesign. They also delve into competitive set for craft soda and sparkling water, Spindrift’s strategy for winning new retailers and consumers, and the brand’s roots and positioning in the food service channel.
Love Grace’s Herbal Energy is a three-flavor line of USDA organic certified high pressure processed beverages that was created to complement its cold-pressed juice lineup. The common theme across the three flavors is described in the tag line “energy and nutrition balanced.”
The deal will nearly double the size of Danone’s North America footprint, increasing it from 12 to 22 percent of the company’s total portfolio and align it with several fast-growing brands focused on healthy and sustainable lifestyles.
Last week BevNET caught up with company founder Trevor Ross in New York City at the Summer Fancy Food Show to discuss the line extension.


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Apple’s next-generation iPhone SE appears to have been on something of a rollercoaster ride over the past year or so, with shifting reports and timelines leaving many wondering when — or even if — the next version of Apple’s most affordable handset will arrive.
In late 2022, oft-reliable analyst Ming-Chi Kuo suggested the iPhone SE lineup had been indefinitely shelved. However, by February, Kuo revealed that it was seemingly back on track with hints that it could arrive as early as next year in order to become the proving ground for Apple’s first in-house 5G modem chip, with a design based on the iPhone 14 that would even include an OLED screen.
Sadly, Kuo’s 2024 timeline was cast into doubt when he revealed that what he believed to be an “iPhone SE 4” was actually nothing more than an engineering prototype that Apple was using to test its new 5G modem chip. According to Kuo, there were no plans to mass-produce or sell that particular device.
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However, that didn’t rule out the possibility that Apple has a new iPhone SE in development, nor even that it might be the first to get Apple’s own 5G modem chip. It merely indicated that Kuo’s estimate of the timing was off. Other analysts had already pegged 2025 as a more realistic milestone for the new iPhone to show up, and it’s probably no coincidence that this is also the original and most realistic estimate for when Apple’s 5G modem chip will be ready.
Further confirmation of a 2025 iPhone SE appeared in a report last month that pointed to OLED production problems as the main reason for the delay. Now that’s being corroborated by ITHome with a report that smaller display manufacturers are fighting to become second-tier suppliers for the AMOLED panels to be used in the new “iPhone SE 4.”
These aren’t the big names like Samsung Display, LG Display, and BOE that Apple typically sources its OLED panels from, but rather smaller companies like Tianma that we’ve heard about in passing. Most rumors suggest BOE will get the lion’s share of the iPhone SE panel orders, while the smaller firms would be contracted to make up for any shortfalls.
The battle among suppliers seemingly confirms that the iPhone SE is moving forward, although lining up supply chain deals doesn’t necessarily mean that manufacturing will begin right away. Smaller manufacturers need time to ramp up their production facilities, and that’s not something they’re going to want to invest in until they know they’ll be getting enough business to justify the expense of doing so.
What to Expect from the ‘iPhone SE 4’
Although Kuo’s prediction that the next iPhone SE would be based on the iPhone 14 design was based on a misreading of an engineering test model, that doesn’t mean it isn’t likely to be very similar.
We already know that the next iPhone SE will use an OLED screen, and most reports suggest a 6.1-inch form factor with the same squared-off edges as the rest of Apple’s current iPhone lineup. That means there’s a good chance it will strongly resemble the last few generations of standard iPhone models.
Further, since the current 2022 iPhone SE already features an A15 chip similar to what’s found in the iPhone 14 and iPhone 14 Plus, it stands to reason that the next-gen model will move to a more powerful chip. Based on its expected 2025 launch timeframe, that’s likely to be the A17 chip that will arrive in this year’s iPhone 15 Pro and iPhone 15 Pro Max.
That may sound far-fetched, but keep in mind that by early 2025, the iPhone 16 Pro will be out with an A18 chip, with the A17 likely being used in the standard iPhone 16. Apple’s first three iPhone SE models launched in the spring and used the most current chip available — the one introduced the previous fall. That was the iPhone 6s A9 chip for the first iPhone SE, the iPhone 11’s A13 chip for the 2020 iPhone SE, and the iPhone 13’s A15 chip for the current 2022 iPhone SE.
However, Apple changed things up with the iPhone 14 lineup last year when it reserved the latest silicon for its Pro models, and it’s reasonable to assume the best “Pro” chip wouldn’t go into an iPhone SE; it’s much more likely to get the same chip as its standard contemporaries.
Similarly, the iPhone SE has long been expected to move to a side-button Touch ID sensor, similar to what Apple now uses on its non-Pro iPad lineups. If anything, it’s a bit surprising this hasn’t happened already. However, the current iPhone SE has always felt like more of a mid-cycle release aimed at bringing 5G capabilities to Apple’s budget iPhone, and it’s identical to the 2020 second-generation model in every other way, save for the faster A15 chip inside.
The lack of a TrueDepth camera around the front would allow for a smaller notch or even a punch-hole design. Apple may even consider bringing the Dynamic Island to the iPhone SE since, by 2025, it will be an established standard feature. There’s also a good chance the iPhone 16 will adopt under display Face ID, moving beyond the current Dynamic Island design and thereby making it even less of a premium feature.
[The information provided in this article has NOT been confirmed by Apple and may be speculation. Provided details may not be factual. Take all rumors, tech or otherwise, with a grain of salt.]


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LG Electronics has requested an Italian court to nullify two patents held by Germany’s compressor manufacturer Secop, claiming that such technologies are no longer subject to legal protection as they are widely used throughout the industry.
LG said Sunday in a statement that it filed the suit against Secop with the Torino Court in response to a claim by the German company that the South Korean electronics giant had infringed its patents.
In July, Secop sent a letter of complaint to LG Electronics saying that it had infringed two of its patents. It also requested the company to stop producing or selling small compressors.
The LG headquarters in Yeouido, central Seoul. (LG)
The disputed patents are the structural designs of mufflers for reducing noise and vibration on compressor discharge lines, and a vacuum tube link that rivets refrigeration pipes. Secop is manufacturer of small compressors used for small fridges and water purifiers.
LG believes that Secop’s accusations of patent infringement are intended to disrupt its business in Europe. LG had previously announced that it would expand its market presence in the components sector for home appliances.
“It is hard to say whether the two (technologies) require a legal protection as they are widely used in the industry. The United States Patent and Trademark Office rejected Secop’s request to register the two cases as patents in 2012 and this year,” said LG Electronics spokesman Shin Sung-jin.
LG filed the lawsuit in Italy first because it is the biggest market for electronic components in Europe. If the lawsuit is won there, it will have a considerable impact, the spokesman said.
Patent issues in Europe are controlled by the European Patent Office, but patent litigations are handled by local courts in the respective countries. LG will consider filing the suit in other countries in Europe, the spokesman added.
By Cho Chung-un (email@example.com)


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The Prime Minister on his visit was most interested in the company’s new range of all electric Peugeot vans. Allied Electric is looking to become the UK’s leading supplier of all electric vehicles (EVs) for the light commercial market.
The company has already won Government backed contracts for its Peugeot Boxer vans which will operate in certain areas throughout the U.K. A new trial electric project involving the Peugeot Expert and Peugeot Partner cars is also being undertaken with the backing of Glasgow City Council, Scottish Power, Strathclyde University and Dundee-based battery maker Axeon.
Allied Electrics managing Director reported that "The Prime Minister was particularly excited about our work in electric vehicles."
Nelson adds: "All-electric vehicles are very much part of the shape of things to come but it’s still a relatively new concept to most people, so having the endorsement of the Prime Minister can only help raise the profile of EVs, which produce zero emissions while in operation. Range and functionality of electric vehicles has advanced rapidly in the past two to three years, making them a genuine alternative, especially for city centre operations".
"Our strategy here is to be at the forefront of a new market – the Heinz of electric commercial vehicles if you like. It’s a rapidly moving technology field and we’ve got several exiting new developments in the pipeline already, so it looks sure to be an interesting ride."


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Aug 18, 2015 The company is fighting back against the problem of lost, spoiled and stolen inventory.
Aug 13, 2015 Holidays, star power and awards season play into big screen timing.
Aug 11, 2015 Foreign firms best learn their way around a simple 'yes' before making a deal.
Aug 5, 2015 The policy applies to both fathers and mothers.
Jul 24, 2015 Hollywood's many failed video game tie-ins are more about marketing than gaming.
Jul 22, 2015 Gerrick Kennedy says soundtracks are gaining significance after the movie is over.
Jul 18, 2015 Risk your life for $199 per jump.
Jul 15, 2015 The streaming service is already in 50 countries and wants to expand rapidly.
Jul 23, 2015 Bakery shop owner Olga Karastathi hasn't seen profit from her business, but she's still optimistic.
Jul 9, 2015 Paramount attempts a compromise between theaters and studios.


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- Frank T.J. “John” Mackey.
Mackey has introduced a program whereby employee discounts will be set up on a sliding scale, based on individual metrics of health: smoking, cholesterol, and most problematically, body mass index (BMI). Seriously. The standard company-wide discount is 20 percent off, but if you qualify for “platinum” level fitness (you know, like this guy), you’ll get 30 percent off. One of the main reasons behind the program is to drive down company health insurance costs—and to make fat people feel shame and guilt, adding to their already life-long cycle of same.
The money quote, from the Daily News article:
Employees at two Manhattan stores weren’t aware of the perk and said it sounded too far-fetched to be true. “They don’t do such things,” said 27-year-old Junior, one of several who requested his last name be withheld for fear of being fired.
Watch your back, Junior.


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GM CEO Akerson tis expected to soon launch a major corporate reorganization.
General Motors appears to be heading towards a major reorganization, numerous sources indicate, one that Chairman and CEO Dan Akerson apparently hopes will shift the maker to a more global focus – and help it eliminate the sort of “fiefdoms” that have long stymied its efforts to become more efficient and competitive.
GM has been taking a number of baby steps towards this new vision in recent months, such as a realignment of its design operations meant to focus more on individual brands than specific global regions. But the strategy has also suffered some unexpected setbacks, notably including the sudden ouster of worldwide marketing chief Joel Ewanick last month.
A reorganization could yield huge benefits if it results in a leaner and more efficient GM. And CEO Akerson is clearly under pressure to improve things at a company that suffered a major drop in earnings during the second quarter – and which has seen its stock drop by as much as 40% since its November 2010 IPO.
Your Global Auto News Source!
On the other hand, some observers caution that after years of turmoil, capped by the maker’s 2009 bankruptcy and subsequent federal bailout, GM’s leaders could trip the company into chaos if they’re not careful. The massive and largely dysfunctional 1984 reorganization is a clear example of what could go wrong.


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WELCOME TO The Information security REPORT
Hitachi Systems Security Inc.
Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...
SC Magazine | March 23, 2020
Attackers are exploiting unpatched Windows zero day flaws, Microsoft said in a Monday security advisory. The company said “limited targeted attacks” could leverage two unpatched remote code executive (RCE) vulnerabilities in Windows “when the Windows Adobe Type Manager Library improperly handles a specially crafted multi-master font – Adobe Type 1 PostScript format.” Among the ways a hacker could exploit the flaws is convincing users to open “a specially craft...
businesswire | December 01, 2020
Cyber Security Cloud, Inc. (CSC) is pleased to announce the availability of WafCharm on Microsoft Azure. Already available to over one million Amazon AWS users around the world, this launch provides Azure users with AI operation of Web Application Firewall (WAF) rules, expanding WafCharm’s availability to 60% of the world’s cloud users.
Microsoft Azure users now have access to the same WafCharm benefits for securing their web applications in the cloud as do their Amazo...
DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY
Radware | September 14, 2022
Radware® , a leading provider of cyber security and application delivery solutions, announced the launch of a new cloud security center in the United Arab Emirates. Located in Dubai, the facility will reduce latency for in-region traffic and offer customers faster mitigation response times against denial-of-service attacks, web application attacks, malicious bot traffic, and attacks on APIs. It will also mitigate compliance processes involved in offshore routing.
The Dubai add...
prnewswire | November 05, 2020
Cowbell Cyber, the business' first AI-controlled digital protection supplier for little to moderate sized organizations (SMBs), today declared it has cooperated with Mylo – the advanced specialist dispatched by the world's biggest free merchant, Lockton – to empower expanded dispersion of Cowbell's independent digital protection to the private company market, a territory customarily underserved by digital protection.
Organizations of all sizes are getting m...
DATA SECURITY, ENTERPRISE IDENTITY, SOFTWARE SECURITY
DATA SECURITY, PLATFORM SECURITY
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Dow Jones futures rose modestly Friday morning, together with S&P 500 futures and Nasdaq futures, with a wholesale inflation report due.
The inventory market rally bounced considerably Thursday, with the Nasdaq rebounding from close to its 50-day transferring common. However the main indexes solely recouped a fraction of latest losses, with the S&P 500 nonetheless a ways from its 200-day transferring common.
Apple (AAPL) chipmaker Taiwan Semiconductor (TSM), Boeing (BA), Tesla (TSLA), China EV maker Li Auto (LI), United Airways (UAL), Lululemon Athletica (LULU) and Broadcom (AVGO) have been all in focus Friday morning.
Taiwan Semiconductor reported sturdy November income progress, regardless of Apple iPhone manufacturing points. Boeing is ready to announce a significant jet sale to United Air. There are additional studies of Tesla manufacturing cuts in China. EV startup Li Auto reported combined Q3 outcomes, however sees booming December deliveries. Lululemon gave weak vacation steering whereas Broadcom beat views and guided larger for the present quarter.
Dow Jones Futures At present
Dow Jones futures rose 0.4% vs. honest worth. S&P 500 futures climbed 0.5%. Nasdaq 100 futures superior 0.6%.
Crude oil futures rose barely.
The Labor Division will launch the November producer worth index at 8:30 a.m. ET. The PPI inflation report ought to present a major decline in total and core wholesale inflation. However items costs are clearly cooling.
The Federal Reserve’s focus has been on service costs. The November CPI report is ready for Dec. 13, with the year-end Fed assembly determination on Dec. 14.
Broadcom earnings and income have been higher than anticipated. The chip-and-software large additionally guided excessive on current-quarter income and raised its AVGO inventory dividend. AVGO inventory rose 4% earlier than the open, signaling a transfer again above its 200-day line.
Lululemon earnings topped views as effectively. However the yoga attire marker and retail guided barely decrease on the important thing vacation quarter. LULU inventory tumbled 6% earlier than the open, signaling a retreat beneath a purchase level.
Tesla Shanghai will droop Mannequin Y manufacturing within the final week of the yr, producing simply 20,000 Y crossovers within the final three weeks of December, Reuters reported Friday. That might be about half Shanghai’s typical Mannequin Y output over that span. That comes amid widespread studies of manufacturing cuts, shorter shifts at Tesla’s largest meeting plant.
A giant Shanghai growth completed in August, however Tesla backlogs have gone to zero. Tesla minimize costs in late October and introduced a collection of reductions and incentives to spice up demand earlier than authorities subsidies finish Dec. 31.
Tesla inventory rose 1% Friday morning. TSLA inventory is down 11% up to now this week, simply above bear market lows.
Li Auto Inventory
Li Auto reported a wider-than-expected third-quarter loss whereas income progress got here up brief. The maker of SUV hybrids confronted Covid-related points in addition to a changeover to newer fashions.
However Li Auto is revving up manufacturing and deliveries. It sees This autumn deliveries of 45,000-48,000 hybrids. Li Auto delivered 10,052 and 15,034 models in October and November. So that suggests December deliveries of 19,914-22,914.
Li Auto inventory fell greater than 1% earlier than the open. LI inventory has been rebounding with different China makers and Chinese language shares usually over the previous few weeks.
Apple Chipmaker Taiwan Semiconductor
Taiwan Semiconductor reported November income leapt 50% vs. a yr earlier to $7.27 billion, bucking the slowdown in a lot of the semiconductor area. Taiwan Semi is the world’s largest contract chipmaker, making chips for different corporations together with Apple, Nvidia (NVDA) and Qualcomm (QCOM).
Apple iPhone manufacturing has been harm because of Covid lockdowns and unrest at Foxconn’s large meeting plant in China. China Covid restrictions are easing, with Foxconn ending the “closed-loop” operation on the iPhone plant.
TSM inventory rose 1% earlier than the open, close to its 200-day line. Apple inventory gained 1%.
Boeing-United Airways Deal
Boeing and United Airways late Thursday mentioned they deliberate a “historic announcement” on Tuesday. That appeared to verify a latest Wall Avenue Journal report that United Airways would order dozens of 787 Dreamliner jets.
Boeing inventory climbed over 1% early Friday, whereas United Airways inventory superior 1%. BA inventory closed in purchase vary, whereas UAL inventory has fallen again from a purchase level amid broader journey considerations.
Learn The Big Picture each day to remain in sync with the market route and main shares and sectors.
Please comply with Ed Carson on Twitter at @IBD_ECarson for inventory market updates and extra.
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The put up Dow Jones Futures Rise With Inflation Data Due; Tesla, Lululemon, 2 Chip Giants In Focus appeared first on Investor’s Business Daily.


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REV Group is adding four to its global sourcing and supply chain team, representing the recreation, commercial and fire/emergency segments.
All four directors will report to the company’s Chief Supply Officer Rob Vislosky.
“All have extensive experience within the automotive and commercial vehicle OEM and aftermarket industries, and success in managing all aspects of procurement, purchasing and supplier quality,” Vislosky said. “Their appointments are key in our maturing of REV Group’s procurement and supply chain capabilities.”
Ed Hulbert was appointed as REV’s global sourcing and supply chain director in the recreation segment. Hulbert was most recently a director of supply chain in the sector, located in Decatur, Indiana. Hulbert will matrix report to Mike Lanciotti, REV Group’s segment president.
Before joining REV, Hulbert was the distribution and planning manager at C&M Fine Pack, in addition to the corporate logistics and compliance manager at Arden Companies.
Rick Doub joined the company as a global sourcing and supply chain director in the commercial segment. In the fire and emergency segment, Kipp Podlewski was hired as a director of the ambulance group, and Andrew Conway joined the company as its fire group director.
“I am pleased to welcome Andrew, Kipp, Rick and Ed to REV Group’s global sourcing and supply chain team,” Vislosky said.


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According to report, the estimated cost of the project to lay optical-fibre is Rs. 300 crore.
“The company has already connected 500 gram panchayats until now. By next year we will complete connecting the rest,” CGM, Bengal circle, Kishore Kumar said.
Kumar said the Bengal circle will be spending between Rs. 280-300 crore in capex during the current fiscal year. It will be primarily used to strengthen the mobile network.
|Get a chance to meet who's who of Transport ecosystem in India including key policymakers from Central and State Governments. Join us at National Summit on ‘Strategy for Ports, Highways Infrastructure and Logistics Efficiency , New Delhi on Aug 13, 2018 to explore business opportunities. Like and connect with us on Facebook, Linkedin and Twitter.|


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These are the stocks posting the largest moves before the bell.Market Insiderread more
Morgan Stanley caused a stir with its "bear case" scenario of $10. Now, Citi is getting in on the act.Investingread more
Qualcomm unlawfully suppressed competition in the market for cellphone chips and used its dominant position to impose excessive licensing fees, a U.S. judged ruled.Technologyread more
Target's e-commerce sales also surged 42%, as shoppers increasingly turned to its curbside pickup service for online orders, something Amazon can't offer.Retailread more
Homeowners are taking advantage of lower interest rates, rushing to refinance their mortgages before rates potentially turn higher again.Real Estateread more
Department stores are being hung out to dry as Kohl's shares fall after earnings, but some experts still see opportunity in the space.Trading Nationread more
Lowe's shares plummeted 8% before the bell Wednesday after the company posted mixed fiscal first-quarter results and cut its forecast for the year, as higher costs weighed on...Retailread more
It may be years from visiting your neighborhood, but a walking robot is part of Ford's vision for how its autonomous vehicles will deliver packages.Autosread more
Brazilian makeup brand Natura Cosmeticos agreed to buy Avon Products, according to two media reports early on Wednesday.Retailread more
Consumers in China are taking to social media to express their support for Huawei as the U.S. government looks to ramp up pressure on the Chinese smartphone maker.Technologyread more
Tensions between the two parties have heightened in recent months as the campaign for seats in the Brussels and Strasbourg-based parliament has crescendoed.Europe Politicsread more
Fast Retailing, the Japanese company behind the Uniqlo retail chain, announced Monday that the data of more than 460,000 customers on its online shopping sites were accessed by hackers from April 23 to May 10.
In a statement released on its website, Fast Retailing said: "It was confirmed on May 10, 2019 that an unauthorized login by a third party other than the customer occurred on the online store site operated by our company," according to a Google translation.
The breach gave hackers access to customers' data including their names, addresses and contact details. The company acknowledged that partial credit card information "may have been browsed," though "there is no possibility of leakage" in credit card security codes.
Investigations into the extent of the data hack continue. In the meantime, the Japanese retailer has encouraged its online store customers to set passwords that are unique and not easily guessable, in order to lower the likelihood of hackers accessing accounts successfully.
Shares of Fast Retailing traded down by about 0.6% during afternoon trade in Tokyo on Tuesday.
The latest data breach comes amid increased public scrutiny on the subject of data security, after hackers gained access to the data of hundreds of millions of people at credit ratings giant Equifax and hotel juggernaut Marriott International.
Hong Kong carrier Cathay Pacific Airways announced in October last year that there was a giant data breach involving more than 9 million of its passengers. The airline said that details of about 9.4 million passengers, including passport numbers and Hong Kong identity card numbers, were accessed without authorization, Reuters reported.


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BBC says it has teamed up with smartphone maker, Blackberry to launch a daily news alerts service to its Hausa audience in Nigeria.
The new service is part of BBC’s move to use chat apps to deliver its content to, and engage with a wider demographic of users, according to the British broadcaster.
[mapsmarker marker=”3″]Trushar Barot, assistant editor for the Social Media Hub announced that, “we had been speaking to BlackBerry for a few months about their plans to develop their BBM product. We were keen to try and find a BBC service that we felt would be a good fit to test the service. Many Nigerians use BBM, with consumption of news content on mobile phones also very high, so linking up with the BBC Hausa service felt like the right choice.”
To subscribe, individuals are required to download the latest version of BBM available on iOS, Android and BlackBerry smartphones, and search for ‘BBC Hausa’ from the ‘Channels’ tab.
They can also connect via the BBM PIN: C00334DDD. Links to the BBC Hausa BBM channel will also be available via bbchausa.com and BBM.com/bbchausa, the company said.
Mansur Liman, the BBC Hausa Editor said: “With over 96 per cent of the traffic to the bbchausa.com website coming to its mobile version, BBC Hausa has prioritized its mobile offer as our key platform to reach our audiences. The launch of the BBC Hausa BBM in Nigeria – our biggest market – is a great development which will allow us to tap into new audiences, and also create a very simple, cheap and immediate way of connecting us with our users there.”


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Anybody who's been impressed by the Razr's edge might find it a double-edged sword at the moment. Some bad news about Motorola's
Wireless carriers Cingular -- a joint venture between AT&T
While Motorola has said that just a few of its Razr phones are impacted by the glitch, that doesn't change the halt that Cingular and T-Mobile have put on sales of the ultra-thin gadget. It's just a temporary suspension while the bad batches of the handsets are culled out of the supply, but of course investors should cringe at the idea of any lost sales.
Even if it's a more temporary problem than some headlines seem to note, negative buzz about the phone could cause prospective customers to pause before snapping up a Razr. Warning headlines like PC World's "Whoa, Don't Buy That Sexy Razr Phone Just Yet" offer up a good example.
Last quarter, the Razr's edge was evident. Motorola's earnings illustrated plenty of positive impacts from the Razr, which Fool contributor Tom Taulli compared to Apple's
Motorola did say that it is working with wireless carriers in order to make sure that customers can easily exchange any defective Razrs, and a new, glitch-free supply of the phones should be available from Cingular and T-Mobile again by March 17 -- not such a long wait at all, really. As long as the glitches are brief and fixed quickly, the biggest concern is a potential blow to the prestige inherent in the Razr phone's name. That's what investors should be most concerned about at the moment.
Catch up with recent news about Motorola:
- Motorola might be losing some mojo, judging by last quarter's earnings.
- Here's the Foolish Forecast for the fourth quarter.
- Some think Motorola's making sense.
Looking for the companies that are trying to provide tomorrow's killer products? David Gardner and his team of analysts watch for such companies for the Motley Fool Rule Breakers service. Try a 30-day free trial today.
Alyce Lomax does not own shares of any of the companies mentioned.


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The Figures are In!
Obama's operatives in the White House and the media will be going out of their way to put lipstick on this piggy, but no matter what shade you use, that swine is still painfully ugly.
The long-awaited figures show that 26,794 people "bought" health insurance on the federal website, covering 36 states. Another 79,391 "bought" policies on state-run websites.
"Enrollment includes those who have selected a plan who either have or have not yet paid the first month's premium," HHS said.
Think about that. Even these figures are optimistic since it includes people that haven't decided if they're willing to cut a check. It's the equivalent of shopping on Amazon and and putting something in your shopping cart that you then fail to buy. HHS is recognizing that as a sale even though you haven't bought anything.
Imagine if every online retailer recognized sales whenever somebody dropped something into the shopping cart. It would be a massive fraud. The Feds would be tossing the CEO's into jail and throwing away the keys.
Considering all the problems with the website, the 106,185 figure might sound pretty good to the typical low-information Liberal. Don't be surprised if there isn't some positive spin spewing from the talking heads on MSNBC and beyond.
Let's break it down to get a better feel for just how bad these numbers are:
● 26,794 divided by 36 states = 744 people per state participating on the government exchange
●106,185 divided by 57 states (sorry, 50 states) = 2,123 per state nationally
● 106,185 divided by 315 million = .000337 or 0.0337%.
If 15 million is an insignificant sliver according to Jay Carney and Obama, what's this?
Here's a good one -- Everyone that signed up could fit in Michigan Stadium with 3,716 seats empty.
If Obama needs seven million people signed up and paying by March in order to break even, at this rate he will fall over 60 months short.
Approximately 4.8 million people have lost their policies. That means that for every one person who signed up, 45 lost their coverage in October.
There is just no good way to spin this news.


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Prevent foodborne illness at your football viewing parties by avoiding cross-contamination at the grocery store and at home.
This year marks the 50th Super Bowl – and a lot of progress for food safety too.
FDA suggests New Year’s resolutions for keeping food safe and your family healthy in 2016.
FoodSafety.gov looks back at the food safety activities and accomplishments of 2015.
CDC’s Vital Signs report, “Working Together to Stop Outbreaks and Make Food Safer,” shares data from multistate outbreaks, and recommendations on how government and food industry can work together to prevent foodborne illness.


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The Raise the Bar, Hershey! coalition, which has generated over 100,000 letters urging The Hershey Company (NYSE: HSY) to commit to buying cocoa produced without forced child labor, launched an Easter petition drive today getting thousands to tell Hershey and Cadbury they want Fair Trade chocolate options for the holiday.
The petition to Hershey and Kraft/Cadbury is live at:http://www.greenamerica.org/takeaction/hersheycadbury/
More about the Easter campaign
Join the Conversation


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Prodways is gearing up to exhibit at Formnext 2023 – the largest additive manufacturing tradeshow in Europe happening in Frankfurt, Germany, from November 7th to 10th. It’s the go-to 3D printing event and not to be missed. We are excited to announce that we’ll be part of the show!
Join Us at Formnext 2023 to Explore our Solutions in the 3D Value Chain with Prodways Group
This year, Prodways Machines will be teaming up with our parent company Prodways Group, and the other subsidiaries to show our full line of additive manufacturing offerings. Come see Prodways Machines’ new technology and our array of materials. Plus, visit us to see demonstrations of our machines!
Our booth will be a place for industry experts, professionals, and innovators come to delve into how Prodways can effectively address the challenges of industrialization with comprehensive solutions.


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Last updated on July 3rd, 2019 at 07:24 pm
Fresh Thyme Farmers Market has dropped plans to open its fourth Wisconsin location in Fox Point.
The organic grocery store announced in February it would be part of a mixed-use development Mandel Group is planning at a former elementary school site at the southeast corner of North Port Washington and West Dunwood roads.
Deerfield, Ill.-based Fresh Thyme decided to drop out of the project last week, said Ian Martin, vice president of development for Mandel Group.
“It was a whole mix of things,” Martin said. “Primarily market considerations.”
The mixed-use development will still include up to 120 apartments split between two, three-story buildings.
On the far eastern side of the site, on two acres of land, will be an 80- to 100-bed dementia care facility operated by Azura Memory Care, which has 11 locations in Wisconsin.
Mandel’s North End development in downtown Milwaukee will include a 29,500-square-foot Fresh Thyme Farmers Market grocery store. Stores are also planned in Brookfield and Kenosha.


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Businesses specializing in health supplements and nutraceuticals could be in a better position to capture a share of the CBD market than new entrants due to their expertise in manufacturing and marketing natural remedies and supplements.
For Quicksilver Scientific, the growing popularity of CBD has allowed the company to post exponential growth in the last three years and reach profitability using a $500,000 initial investment and several loans.
The company has been profitable since 2016, and this allows it to focus on market growth, founder and CEO Dr. Chris Shade told Benzinga.
From Functional Medicine To CBD
Quicksilver Scientific has a proprietary delivery technology that uses nano-emulsified CBD, which has a body uptake that is 5.33 times faster compared to oil-dispersed CBD, according to the company.
“The result is quick onset of CBD’s beneficial properties in as little as 5 minutes, with a peak in the bloodstream in 20 to 30 minutes,” CEO Dr. Chris Shade told Benzinga.
Quicksilver is considering a merger with a strategic partner in order to expand internationally, Shade told Benzinga.
Quicksilver products are available today in the U.S., Europe, Australia, New Zealand and Asia.
International growth remains a priority for the company in both the more traditional nutraceutical market as well as CBD, the CEO said.
Quicksilver's growth has also come to a large degree due to a strong management team, Shade said.
"The visionary in the middle sets the path and needs to be able to see all of the parts of the puzzle, and course correct as needed. The team around you must be able to implement course corrections very rapidly. Agility is crucial."
Shade started his career in environmental science, focusing on sustainable agriculture and a clean food supply chain.
Later on, he switched to environmental chemistry, obtaining a Ph.D. in the field and launching a natural health company based on applying natural medicine solutions and biochemical pathways.
"Then cannabis came along, and we learned how to integrate cannabis medicine into everything we were doing. We discovered what a massive tool cannabis was for moving natural medicine even farther forward."
The Need For Legislation, Federal Legalization
While CBD is legal in the U.S. on a federal level, businesses are still facing many more challenges than in other industries.
For example, marketing restrictions force Quicksilver to sell its CBD products through a different website than its other products, and many customers don't have easy access to Quicksilver’s CBD products, Shade said.
“The grey area that CBD lives in affects all of our business functions — banking, credit card processing, social media, QuickBooks, even shipping. These are all basic business functions where CBD companies are forced to figure out workarounds and get creative,” he said.
These issues mean that businesses like Quicksilver may miss out on development opportunities and lose money as they work through logistical and financial barriers not faced by other industries.
Shade estimates that Quicksilver loses out on $5 million in revenue each year due to these headwinds.
Quicksilver is working on expanding its nano-emulsion technology into THC, which is legal in only a handful of states and remains federally prohibited.
The company recently started working with Wana Brands to develop a quick onset THC nanotechnology tincture.
Federal legalization of cannabis would provide Quicksilver with more opportunities like this, the CEO said.
The silver lining is that the public has become much more open to CBD and recognizes his benefits, Shade said.
“I travel extensively, and every time I’m on the plane, the person next to me — a grandma or a soccer mom — figures out what I do and asks me intently where they can get our products because they realize it offers hope for their condition. Now the only problem is selling it, banking, financing, shipping and marketing."
Photo courtesy of Quicksilver Scientific.
The greatest investors and entrepreneurs in Cannabis are gathering in New York City this Fall! Don't miss out.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


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A Closer Look: Hutchison MediTech TCM Deal With Nestle Reaches Into Pharma Development
This article was originally published in PharmAsia News
A new joint venture between Nestle Health Science and Chi-Med covering nutritional and medicinal products derived from botanical plants also includes Phase III drug HMPL-004, ending the Chinese R&D firm’s long search for a partner.
You may also be interested in...
Nestlé’s announcement on May 24 that its new health sciences subsidiary is buying Prometheus Laboratories, a gastrointestinal drug and diagnostic company, takes the food company in a new direction, but also raises questions for pharma.
Nestle Health Science will add gastrointestinal diagnostic services to its nutritional health business by acquiring Prometheus Laboratories for undisclosed terms in a deal announced May 24.
Chi-Med Expected To Double Revenue By 2015, Backed By Urbanization, Healthcare Reform And TCM Performance in China
SHANGHAI - UK-listed Chinese healthcare company Chi-Med is expected to double its current revenues of $111 million in the next five years, backed by rapid growth in traditional Chinese medicine and consumer products, U.S. investment banking firm Piper Jaffray said in an Aug. 4 research note


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Ofcom promises to ensure essential communication services remain affordable
More than half of British consumers consider voice, text and Internet access to be “essential services”, according to research from Ofcom, which also says 86 percent of the UK has no problem with paying for vital forms of communication.
There was a broad consensus as to what types of communication were considered essential, with many citing the ability to contact friends, family and the emergency services as well as accessing information, education and entertainment as things they valued most.
More specifically, 61 percent said that voice services over a mobile or landline connection were essential for them, while 59 percent said mobile voice and text was the most important and 57 percent preferred personal Internet access.
Responses differed according to age, with landlines essential for 61 percent of those 75 or above compared to just 12 percent of 16-24 year olds. The opposite was true with accessing Internet on a smartphone, which was vital for 53 percent of 16-24 year olds but no one over 75.
Ofcom says that among those who pay for their own communications, 86 percent said they never had any difficulty affording their bills, something which the communications regulator says is a result of intense competition and prices falling over the past ten years.
As for the remaining 14 percent, the majority had to be careful when managing costs, while almost half had to cut back on luxuries and just over a third had to opt for cheaper goods and services. Fortunately, only two percernt have ever been in debt or fallen behind on payments, however just 26 percent of consumers on income support were aware of social landline tariffs offered by BT and Hull-based KCOM.
Overall, Ofcom said the high takeup of communications services indicated that cost wasn’t a barrier to access, even if some were unable to have certain services they wanted due to financial constraints. Around 95 percent of households have at least one mobile phone, 85 percent have a landline and 82 percent have an Internet connection. Seven percent say they would like broadband but don’t have it because it’s too expensive.
The research forms part of Ofcom’s remit to ensure consumers have access to essential services and can afford them. Going forward, the watchdog plans to improve links between debt charities and communications providers to be more understanding of consumers’ changing circumstances and to increase awareness of affordable deals.
“While it’s encouraging that the majority of people don’t experience difficulties paying for their communications services, it’s important that help is available for those who do,” says Claudio Pollack, Ofcom’s consumer group director. “We’re working to ensure that all consumers can benefit from the communications services which are most important for modern life.”
Ofcom has implemented a number of measures designed to keep the cost of communications down, including protection against mid-contract price rises, and reserved some spectrum for a fourth operator during the 4G auction last year.
Observers have welcomed its latest acknowledgement of the importance of communication services, but say the regulator must continue to ensure they are affordable.
“It might seem rather obvious to state that telecoms services are essential, but it’s an important distinction to make because there is now an expectation and a responsibility to deliver these services to vulnerable people,” says Ernest Doku, telecoms expert at uSwitch. “Technology has asserted its rightful place in our lives, but it needs to be accessible to all. We must ensure everyone can afford entry-level mobile and broadband deals.
“With around one in eight saying that telecoms services are unaffordable, there is plenty of work to be done.”


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The EyeBud, which displays video in front of one eye, can provide the feeling of watching video on a 105-inch display from 12 feet away, according to the company.
“Suddenly you’ve got this big-screen, movie-screen, home-theater experience, wherever you are,” said Gary Jones, eMagin’s president and CEO. The EyeBud uses a separate control module, about the size of an iPod, which includes a rechargeable battery pack.
The EyeBud is scheduled to be available later this year for as much as $600. It will be on display at this week’s Consumer Electronics Show in Las Vegas.


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in this issue
Markets :: Fine Chemicals/Biotech :: Seeds and traits
Dow Segments See Leadership Changes
10:23 PM MDT | July 29, 2009 | Vincent Valk
Pierre Brondeau, CEO of Dow's Advanced Materials segment, is retiring and will be replaced by Jerome Peribere, currently CEO of Dow AgroSciences, the company says. Antonio Galindez, currently v.p. of Dow AgroSciences' crops business unit, will succeed Peribere as CEO of Dow AgroSciences. "Pierre has been an outstanding leader at a critical period for the Company," saysAndrew N. Liveris, Dow CEO. "During the past several months, he has led a combined management team focused on establishing an innovative, customer-centric culture at Advanced...
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CEO Ivory Tower Razed as 2006 Saw Six Departures Per Business Day: Challenger
|CEO turnover jumped 12% last year as 1,478 chief executive departures were announced in 2006, surpassing the 2005 record 1,322 CEO departures, according to the year-end CEO Turnover Report released Monday by Challenger, Gray & Christmas, Inc., the global outplacement consultancy.|
On an average, there were six CEO departures each business day or one every 80 minutes in an eight-hour day.
December saw a jump of 16% over November as 131 CEOs left their posts during the last month of the year, compared to 113 in November. December was the eleventh month in 2006 in which more than 100 CEO departures were announced.
Other Highlights from the Challenegr CEO Turnover Report, 2006:
By industry, health care experienced the highest CEO turnover in 2006 at 232, followed by computer industry (168) and financial services (128).
Some 350 CEO resigned while another 320 stepped down from the CEO post, but typically staying with the company, and 176 went to a new position in another company. 345 executives have retired in 2006.
52% of companies chose internal replacements, while 44% of the vacancies were filled by outsiders and 4.3% were filled by board members.
Options backdating scandal claimed only 18 CEOs, with more likely to come in 2007
Among the CEO departure announcements reporting length of service, the median tenure was 5.5 years in 2006, down from 7.0 years in 2005.


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HK 'Nasdaq' baked to fill index gapEditorial | Mary Ma 20 Jul 2020
It has not yet been officially named, but the plan by Hong Kong Indexes Company to establish a local "Nasdaq" platform has already generated great interest in the market.
HKIC has to be creative to give the product a distinct identity to differentiate it from that of Wall Street. If the US Nasdaq's successful constituents like Amazon, Apple and Microsoft are Americans' pride, the SAR version will hopefully also include stocks that Hongkongers are ready to brag about.
Details of the plan are expected to be announced today, but investors have been keen to play guessing games. While the ATMX quartet - namely Alibaba, Tencent, Meituan and Xiaomi - are obvious candidates, the soon-to-be-announced index will have to include many more names in order to represent a sector of increasing importance.
The guessing has expanded to include stocks that are not yet locally listed. These include mainland search engine Baidu, e-commerce platform Pinduoduo and video-sharing portal Bilibili.
Currently listed in New York, they are expected to follow Alibaba to be listed here amid an escalation in Sino-US conflicts.
It would be a promising start if HKIC could find a few dozen credible companies to be included in the Hong Kong "Nasdaq."
The process will take awhile. The US Nasdaq was founded in 1971, and it took nearly half a century to become what it is today. It will also take some time for the SAR version to follow its natural course. Yet its establishment will leverage on the pending return of many mainland stocks from the US.
There have been complaints that the Hang Seng Index has ceased to reflect the market accurately as the index movement is heavily influenced by a handful of tech giants. However, it would be too remote to say HSI will have its significance replaced by the new "Nasdaq."
Nonetheless, this should not prevent a debate on the timing of the launch.
On the upside, it will increase the depth of breadth of the Hong Kong stock market as more Chinese companies leave the US and head for the SAR.
Furthermore, the new economy seems to have been immune from the pandemic, even though traditional industries like aviation and automobiles have taken a battering. Amazon, Netflix and online gaming have benefited from people spending more time at home due to lockdowns.
Nasdaq has outperformed the rest.
The worry is that risks increase as the "safe haven" becomes overcrowded. Stocks have become so expensive that the state of business looks like that of the technology bubble around the turn of the millennium.
The Nasdaq 100 fell over 5 percent last week before closing the week with a 4 percent correction. The ATMX in Hong Kong fell by up to 7 percent before the weekend too.
Although it is still too soon to say for certain, it's probable that investors are shifting capital from an overcrowded shelter to the less-crowded traditional sector.
The plan to create a Hong Kong "Nasdaq" is a long-term shot. While this is a step in the right direction, it is not a process for making hit-and-run bets.


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2007 Menu Development study: Footloose and trans fat-free
Trans fat, ethnic, organic and local are the hot buttons for operators, but much work remains, according to the FSD's 2007 Menu Development study.
College and university foodservice operations are often heralded for responding more quickly than other segments to emerging customer demands and leading noncommercial foodservice into new frontiers. But FSD's most recent Menu Development Study shows that the Corporate Dining segment (otherwise known as Business-and-Industry, or B&I) is currently on the leading edge of today's hottest industry trends.
For example: 48% of B&I respondents are using trans fat-free frying oils, compared to the noncommercial average of 39%. In addition, 26% of B&I operators have eliminated trans fats from their salad oils, while 10% have stopped purchasing prepared products containing trans fats.
One of the most recent operations to eliminate trans fat is the cafeteria at the Government Printing Office in Washington, DC, operated by Fame Food Management. Carmine Catalano, foodservice director, says that despite the fact that operators aren't required to disclose trans fat content, “we decided to eliminate them altogether; they're just not good for you."
The effort is designed to reduce risk to employees, he adds, in keeping with the growing tendency of corporations to include foodservice in enterprise-wide wellness improvement programs.
A number of other contract management firms also have committed time and money to deal with the trans fat issue. Sodexho recently passed the one-year mark in its effort to go trans fat-free. In addition to switching to zero trans fat (ZTF) oils and shortenings, the company has sourced a large number of trans fat-free products, including salad dressings, sauces, soups, baked goods, condiments, breaded chicken, pasta and tortillas.
Sodexo uses ZTF, rather than trans fat-free, to describe its menu items to bring itself in line with nutritional definitions set down by the Food and Drug Administration. ZTF refers to products with less than 0.5 grams of trans fat per serving.
B&I operators are also sourcing more organic products in three of four product categories, the FSD study shows: Snacks, Meat/Seafood and Dairy. Colleges are the leaders in purchasing organic produce, with B&I a close second in rankings.
And although hospitals are sourcing more local Dairy and Produce and Nursing Homes buy the most local Meat/Seafood, B&I is not far behind in all product categories.
In fact, Bon Appetit Management Company, with 400 accounts in B&I and Education, recently announced that its expenditures on foods and products from local farmers and artisans grew 83% from 2005 to 2006 “far exceed[ing] that of any other foodservice company," says FarmToCollege.org.
Yet, the noncommercial market has yet to embrace each of these trends fully. FSD's study shows that 61% of operators are still using trans fats in frying oils and salad oils, while more than 90% have not eliminated trans fats from baked goods (purchased or made from scratch).


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Karlie Kloss isn't trying to prove the world wrong with her coding skills
Karlie Kloss doesn’t feel the need to dispel the “false stereotypes” that surround models.
The stunning fashion star is one of many models breaking the mould, and as well as having a successful campaign and catwalk career, Karlie is also a keen computer coder and app developer.
The model was recently named as the face of Adidas by Stella McCartney, but alongside her new appointment she’s found time to launch a two-week academy giving young women the chance to learn how to code.
“Since the day I started modelling, there have always been false stereotypes. But I’m not here to prove the world wrong. I just want to be the best version of myself,” she told Britain’s Grazia magazine.
“I recognise that I am in a position to influence other people, and I do not take that lightly. I want to use my influence to inspire people to push themselves. In two weeks we’re completely changing these young ladies’ knowledge of technology. A lot of them leave transformed. That, to me, is a success.”
Talking about her new Adidas job, 23-year-old Karlie calls the appointment “an honour”, with the first images recently dropping. For the campaign Karlie shows off her athletic figure in number of sporty clothes and poses. Mixing up sports bras, Lycra leggings and trainers, Stella has praised the model for being “a true Adidas by Stella McCartney woman”.
When asked what the future holds, Karlie shared her ambitions to continue helping others.
“I want to use my platform to reach my voice further and wider, keep building my career and reach and be able to make a positive impact in many ways,” she smiled to Grazia.


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Credgencies, Winzo, WareIQ and Expertrons raise fresh funds
Analog Legalhub Technology Solution-operated Credgencies, a loan recovery SaaS startup, is reportedly set to raise $3.3 million in a seed funding round, led by Accel India’s Fund VI, to expand its business.
The round saw participation from 19 investors, including returning investor Titan Capital, founded by Snapdeal co-founders Kunal Bahl and Rohit Bansal, Inc42 reported.
Institutional and angel investors, including DMI Alternatives fund, QED Innovation Labs, Breadlake Ventures, Blue Wolf Capital, former managing director of SAP Labs India Dilip Khandelwal, Rupeek’s Sumit Maniyar, Livspace founder Ramakanth Sharma, 1mg co-founder Gaurav Agarwal also participated in the round, it said.
The company will issue equity shares at Rs 64,601.82 per share at a face value of Rs 10 and premium of Rs 64,591 per share, the report said, citing regulatory filings. It will also issue Series Seed compulsory convertible preference shares (CCPS) at an issue price of Rs 64,601 per share, and a face value of Rs 100 and premium of Rs 64,501 per share, it said.
In June, the Gurugram-based startup raised $300,000 from Titan Capital, mCarbon’s CEO and founder Rajesh Razdan, Equirus Capital’s managing director Ajay Garg, and Kwench’s founders Mitesh Damania and Sunder Nookala.
Founded in 2018 by Rishabh Goel, Anand Agrawal and Mayank Khera, Credgenics is a loan recovery management SaaS product, which offers a mix of offline and online services to lending startups and NBFCs. The platform is used to monitor borrower behaviour using artificial intelligence and machine learning, and shoot communications such as mails and text messages when a borrower defaults on their payments.
Credgenics’ clientele includes companies such as Loantap, Loansimple, Rupeeredee, Cashkumar and Drip Capital, and mainstream lending clients such as Kotak Mahindra Bank and ICICI Bank.
Bain Capital co-chairman backs WinZO
Stephen Pagliuca, co-chairman of Bain Capital, has made his first India investment in Tictok Skill Games-operated WinZO Games through a mix of undisclosed primary and $1 million secondary funds.
As a part of the deal, WinZO held its first ESOP buyout, worth $1 million, for its early investors and employees.
“It's soul satisfying to be able to generate value through ESOP buyout for our early employees too. This is just the beginning of an exciting journey towards solving social entertainment for Bharat,” Saumya Singh Rathore, co-founder, WinZO, said.
Pagliuca also co-owns NBA basketball team Boston Celtics.
Founded in early 2018 by Rathore and Paavan Nanda, the company partners with third party studios to host their games on their Android app, creating a Netflix-like experience for users, who can enjoy multiplayer gaming formats.
The platform is available in 12 languages and has over 25 million+ registered users. It offers nearly 70 games, clocking in around one billion mirror transactions and more than one billion micro-transactions per month.
WareIQ raises $1.65 mn seed capital
Bengaluru-based WareIQ, which operates an eponymous logistics platform, has reportedly raised $1.65 million in a seed funding round from Y Combinator, FundersClub, Pioneer Fund, Soma Capital, Emles Venture Advisors and founders of Flexport.
The one-year-old startup offers a management system for warehouses, most of which largely engage in offline business-to-business commerce and have had little to no prior ecommerce exposure.
“We connect these warehouses across India to our platform and utilize their infrastructure for ecommerce order processing,” co-founder and CEO Harsh Vaidya told TechCrunch.
Their target clients are third-party sellers -- some of whom sell to Amazon and Flipkart, and use WareIQ to speed up their deliveries -- ecommerce firms, social commerce platforms, as well as neighborhood stores and social media influencers.
IvyCap Ventures backs Expertrons
Early stage venture capital firm IvyCap Ventures has invested an undisclosed amount in Mumbai-based Expertrons Technologies, which offers an AI-enabled video platform for career counseling services.
The round also saw participation from returning investors Iceland Venture Studio and Sarcha Advisors, a statement said.
The firm, which will utilise the fresh capital to build a larger consumer base and improve technology, last raised funds in a seed funding round in April.
Additionally, Expertrons said it has acquired Chandigarh-based social network for engineers, GrowVation. GrowVation founders Devendra Singh Bohra and Avinderpal Singh have joined the core team of Expertrons, the statement said.
Founded by IIT Bombay alumni Jatin Solanki and Vivek Gupta in 2019, the Expertrons platform uses AI recommendation to connect career experts to aspirants. The platform claims to have one lakh aspirants and 1,500 professionals on the platform, and has tied up with over 80 global universities.
“Expertrons uses AI videobot technology for career guidance at a very large scale, a space that is ready for disruption. We look forward to working with the team that comes with a lot of passion to build a scalable and sustainable business,” Vikram Gupta, founder and managing partner of lead investor IvyCap, said in the statement.


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Although it appeared to be a pretty blockbuster quarter for T-Mobile USA, the company’s financial report today revealed less than spectacular subscriber additions.
The Bellevue-based company had several major developments during the quarter. It bought 120 airwave licenses for about $4.18 billion, allowing it to start rolling out 3G data services. It also launched the Sidekick 3 and the BlackBerry Pearl, two products that seemed to have a fanatic popularity. It launched a new advertising campaign called “Stick Together” along with a new service called myFaves, which allows subscribers to make unlimited calls to five people. It also started testing a new service in the Seattle-area that allows people to make voice calls over Wi-Fi when at home or at a T-Mobile hotspot.
Still, the company reported that it gained only 802,000 new customers in the third quarter, up slightly from the 613,000 it added in the second quarter, but down from 1.04 million in the first.
“We’ve made several transformational moves this year that significantly increase our strength in the marketplace,” President and CEO Robert Dotson said in a press release.
The company did deliver strong third-quarter financial results: T-Mobile USA’s net income was $1.79 billion, up from $233 million in the second quarter, but the increase resulted primarily from a $1.5 billion non-cash income tax benefit.
Service revenues, consisting of pre-paid and post-paid subscribers and roaming revenues, rose to $3.72 billion in the quarter, up from $3.59 billion in the previous quarter. The company attributed the increases to customer growth and the strong average revenue per user.
It also contributed heavily to its parent-company results. Deutsche Telekom reported that its cellphone unit, T-Mobile International, added 1.2 million new customers, much of those coming from the U.S.
In total, the group has 91.6 million customers, up 8.9 percent from the 84.1 million last year. In all, T-Mobile USA had 24.1 million customers at the end of the period, making it the fourth largest carrier in the U.S.


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Bravura Solutions a global Fintech success story, highest ranked Australian company in FinTech Forward Top 100 global technology providers list
Bravura Solutions Pty Limited (Bravura) has again been listed among the world’s top 100 technology vendors to the financial services industry, strengthening its position as a leading global supplier of wealth management, life insurance and transfer agency software applications.
Awarded by American Banker and BAI (an American financial services association), the FinTech Forward ranking is a global industry benchmark of achievement that annually lists the world’s leading technology vendors generating more than one third of revenues from the financial services sector. Bravura ranked in 67th position, recognising Bravura as not only an Australian but a global Fintech success story and the highest ranked Australian company on the list.
Bravura, Chief Executive Officer, Tony Klim, said: “We are extremely proud to continue to be listed in the FinTech Forward Top 100 and to be recognised by the industry for our ongoing innovation and excellence in the development and delivery of modern technology solutions and customer service. The award is a testament to the quality of our technical solutions, our track record of delivery and our experienced team.
Over the past 12 months, our company has continued to enjoy global success with our next generation wealth management and life insurance solution, Sonata, securing further contracted engagements in Australia, New Zealand, and the UK. Built on modern, open, scalable technology with the flexibility to meet changing customer needs, Sonata is a proven solution delivering efficiencies and supporting current and future business growth.”
Bravura’s Chief Executive Officer, Tony Klim was quoted in this press release. To ask Tony a question regarding the release or to discuss it in more detail, email [email protected]


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Video captured one of the city chambers has published the leading Western media.
In the Scottish city of Glasgow one of the city’s cameras recorded a curious incident when a man crashed into a traffic light watching at held near the girl.
The young man just returned from the store shopping when she saw a stranger. In the end, he crashed into a traffic light pole and spilled on the milk that was in his package.
© 2017, paradox. All rights reserved.


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Carlo Terreni, President of NetComm Suisse eCommerce Association, added that the unparalleled growth of e-commerce will disrupt nationwide and worldwide retail frameworks. Consumers in each emerging and developed economies have postponed larger expenditures, while spending on tourism and journey has declined by a staggering seventy five per cent. However, the survey revealed that average online month-to-month expenditure per individual has dropped significantly. Tamil actress Nivetha Pethuraj recently confronted a meals supply concern where she discovered a cockroach in the meals, she ordered by way of Swiggy. The Delhi Police has arrested five males and claimed to have busted a search engine optimisation scam that pushed a quantity of fraudulent e-commerce web sites for duping folks, police mentioned on Thursday.
- This means that you could write the name of the merchandise you search to find out whether they have it.
- A new set of instruments will let some regulators pull objects from sale on eBay without firm approval.
- Supermarkets around the country have only a few or no online delivery or pickup slots available as 10,000 people are put into self-isolation at house after coming into contact with the highly-contagious Delta variant of Covid-19.
- Outside of grocery, online retailer Warby Parker, which ships prescription eyeglasses, has opened dozens of outlets across the country and in Canada.
- This month, the platform will collaborate with the Musée du Louvre to supply apparel and ornamental items primarily based on the present “Lupin.” They may even promote motion figures and streetwear impressed by “Yasuke” and “Eden,” two well-liked anime series.
Offering all kinds of ways to pay is an efficient way to enhance conversion rates on mobile devices. Plus, if customers can save their payment info on your web site, they will have the flexibility to checkout even faster the subsequent time they make a purchase. Buyers of all kinds — including B2C and B2B — are in search of personalised, custom buying experiences online. The data collected from AI is what makes it possible for a purchaser to get personalised product suggestions and detailed customer service.
Variety Among Customers, Nations
The Delhi government has permitted house delivery of liquor for orders positioned through mobile apps and through online portals. Last 12 months, states together with Kolkata, Maharashtra, Odisha, Siliguri, and West Bengal allowed online delivery of liquor through platforms corresponding to Amazon, BigBasket, Swiggy, and Zomato. Businesses Can Seize Online Growth by Pivoting Towards New Shopper BehaviorsHere’s how ecommerce websites, online retailers and digital-services providers are adapting to the work-from-home culture. Sign Up NowGet this delivered to your inbox, and more info about our services. “That’s what the research from many other platforms also appears to point,” she mentioned.


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New diesel sales have slumped hugely in recent years, but second-hand buyers continue to see the appeal.
Although far from the heady days of market domination, diesel isn’t exactly a dinosaur fuel, at least in the used market, where its strengths are still appreciated.
In 2020, diesel cars took just a 19.7% share of the new car market, down from 26.7% in 2019, as petrol’s share continued to dominate and plug-in cars begin to gain serious traction. At the end of 2010, diesel had a hefty 46.1% market share.
“Diesel-fueled cars are still in demand in the used car market, particularly for larger cars,” Cap HPI head of valuations Derren Martin tells Company Car Today. “In the city car and supermini sectors, this is not the case, although as many manufacturers no longer make diesel small cars, low supply can mean strong used prices.”
The popularity of diesel remains among larger cars, where its efficiency benefit is more marked.
“Smaller diesel cars are less plentiful and in less demand than larger cars,” says Martin. “Once you get above a C-sector or medium-sized SUV, petrol vehicles can become heavy on fuel and therefore not the first choice for many drivers.
“Larger, premium cars are still popular as diesels, whereas performance premium cars are more popular with a petrol engine,” he continues. “Mainstream brands have moved away from new diesels.”
LOW SUPPLY EQUALS STRONG MARKET
The used car market is in something of a perfect storm for strong prices at present. Supply problems for new cars mean more fleets are holding on to older vehicles, and the issues around Covid and its effect on vehicle sales last year have led to strength across the board.
“Any stock is in demand, no matter what the fuel type,” says Cox Automotive insight and strategy director Philip Nothard.
“With the market being starved of new vehicles, values have continued to rise since showrooms reopened.
“Fleets continue to utilise the fleets they have, rather than applying their typical vehicle replacement strategy,” he continues. “The increase in lead times in new vehicle production and continual lack of supply has slowed their decisions to move older fleet vehicles on to remarketers.”
ELECTRIC SUPPLY REMAINS UNSTABLE
According to Cox Automotive, electric vehicles continued to be “unstable as a used vehicle proposition, and will continue to do so whilst the focus remains on new and not used”.
Darren Martin of Cap HPI agrees, saying: “There are few incentives for the used car buyer to go green. In general, these AFVs carry a premium over ICE equivalents that the consumer has been unwilling to pay.”
The exception to diesel’s strength is, according to Cap HPI, around cities with clean air zones, at which point demand drops away significantly, and EVs increase considerably in popularity.
Since the beginning of 2021, BCA has seen a rise in the values of all fuel types, with diesel still outpointing pure EVs so far.
l Petrol +17.1%
l Hybrid and PHEV +16.2%
l Diesel +6.7%
l Electric vehicles +1.8%
BCA’s COO UK Remarketing Stuart Pearson shares his thoughts on how the used market is viewing diesel
1. Balance between all fuel types.
While it is tempting to suggest that it is all-change in the used car market, with diesels out of favour and a huge rush towards alternatively fuelled vehicles, the reality is that the market has been steady for all fuel types over recent months. The effect of the pandemic aside, it is apparent that demand has been well balanced for diesel, petrol, hybrid and electric vehicles during 2021.
2. Diesel’s strengths appeal to used sector.
Demand for diesel in the used sector remains strong and, for many used car buyers, diesel is the preferred choice of fuel type because it offers great economy and typically lower running costs.
3. Latest diesel tech will continue to appeal.
There will continue to be demand for diesel in segments where it makes sense, such as in SUVs and 4x4s. As clean-air zones are announced in cities around the UK, we expect to see demand rise for those exempt vehicles with the latest clean diesel technology.
Overall, average diesel prices at BCA continue to rise steadily, underlining that trade buyers continue to see a profit opportunity in diesel product.
5.Data is key to best values
There is a complex and evolving picture in the wholesale sector, and sellers should look to real-time data to inform remarketing decisions. The best prices will be achieved by targeting the right buyer base with the most detailed information.


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De Beers’ diamond production decreased by 4.3% to 13.111 million carats in the third quarter of 2008, compared to the year before, parent company Anglo American reportedly said in a report. During the first nine months of the year, De Beers’ diamond production declined by 4.2% to 37.377 carats.
The company attributed the slump in production to lower recoveries at the Orapa diamond mine in Botswana, and at the Venetia diamond mine in South Africa. However, higher diamond production was reported at Jwaneng in Botswana, which is the second biggest producer next to Orapa. The overall decrease in diamond production came despite the fact that De Beers opened three new diamond mines during the quarter – Victor and Snap Lake in Canada and Voorspoed in South Africa.
Anglo-American owns a 45 percent stake in De Beers.


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A new research reveals that Indians mobile users have largely become data dependent. According to the research, Indian users are now consuming a whopping 1 GB of mobile data on a daily basis, on an average. This is a complete turnaround from a few years ago when users were largely concentrating on voice calls over mobile data.
Nielsen says India is a data-hungry market
A new report from popular market research firm, Neilsen, reveals that Indian mobile phone users, on an average consume 1GB of mobile data per day. The research was based on a survey conducted by the market research company.
The report specifies that the demand for data by Indian smartphone users has grown only in the last fifteen to eighteen months. Prior to this period, Indian mobile users used to consume as low as 4GB of mobile data every month. The jump shows more than sevenfold increase in the demand for mobile data in the country in the past couple of years alone.
Although, one of the reasons for this demand spurt may be owing to the smartphone revolution, the demand also coincides with the launch of Reliance Jio. It may not be entirely right to attribute this demand for mobile data with Reliance Jio, but it must be noted that the company has gone a long way in creating a digital revolution in the country.
Initially, it had started offering users free connections and free access to mobile internet. This has had users hooked onto the internet and mobile data services. Now, the company’s rapid growth has largely brought down the data costs for the average user and these low prices have aided in better adaption.
It was not so long back that users had to procure limited mobile data and additional mobile data from telecom operators at high costs. Post the Reliance Jio phenomenon, all telecom operators have switched their plans to bundle in mobile data services in addition to voice calls. Most plans nowadays include a standard data limit of 1GB per day with the option to procure additional mobile data at a small cost.
What is popular online?
While users are spending a lot of time online, the Neilsen survey also brings an interesting perspective on what people are doing online. According to the survey most of the internet time is split between messaging, social media, video chat, and browser apps that constitute more than 50% of the time spent online. This is even more prominent when the sample is further categorized by price.
Users that have a smartphone worth Rs. 15,000 or more tend to spend more time on these above apps. In the premium smartphone segment, users spend approximately two times and four times more amount of time on social networking and image sharing apps, respectively, compared to the average smartphone user.
Unsurprisingly Whatsapp is the most popular mobile chat and the messaging app used across entry-level, mid-range, and premium smartphones. A statement from Nielsen read “However, we do see differences when we look at the usage of some other popular apps.
Basic apps like Facebook Lite and UC Browser that save space in comparison to full-service versions are usually pre-installed in less expensive handsets to facilitate ease of operation. Hence, for users of smartphones priced under Rs 15,000, the time spent on apps like UC Browser, Facebook Lite, and YouTube is relatively higher than users of higher-priced devices.
“We attribute this to the fact that a high proportion of smartphone users continued buying premium handsets which are packed with better features and offer higher performance. We expect the trend of the influx of value-for-money handsets and the increase of average smartphone prices, to widen the profile of smartphone users. It will also change the way people use their smartphones”.
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A Los Angeles Nordstrom store was ransacked by a mob of more than 30 people on Saturday, with the suspects getting away with nearly $100,000 worth of handbags and clothes.
The Los Angeles Police Department said a mob of “criminals” stole items from the store at about 4 p.m. on Saturday.
Video captured from inside the store shows a group of 30 to 50 people wearing sweatshirts with hoods over their heads.
The suspects are seen inside the department store as they rush to the front entrance with bags in hand, scooping up whatever merchandise they can while tripping on racks to which some items were still attached.
Police estimate the stolen merchandise to be worth between $60,000 and $100,000.
FOX 11 in Los Angeles reported that police said the mall was not evacuated, though one man who was sprayed with bear repellant was treated by paramedics.
This was the second “flash mob” to take place in Los Angeles County within the past week.
On Aug. 8, a mob of thieves was seen on video as they fled an Yves Saint Laurent store in Glendale, California, in broad daylight, getting away with armloads of merchandise worth an estimated $300,000.
Once the group fled the store, they got into waiting vehicles nearby, the station reported.
Los Angeles Mayor Karen Bass issued a statement about the Nordstrom flash mob on Saturday.
“What happened today at the Nordstrom in the Topanga Mall is absolutely unacceptable,” she said. “Those who committed these acts and acts like it in neighboring areas must be held accountable.”
“The Los Angeles Police Department will continue to not only find those responsible for this incident, but to prevent these attacks on retailers from happening in the future,” Bass added.
California, like many states, has seen brazen smash-and-grab robberies in recent years, a trend that saw an increase during the COVID-19 pandemic.
Stephen Sorace of Fox News Digital contributed to this report.


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Sales have increased as Better Mobility moves its main business, offices, warehouse and hire equipment to a new 3600sq ft premises.
The firm says the move, which was finally completed a few months ago, has allowed it to better serve customers and in turn, has seen an increase in sales.
It says in making the move, it has been able to add a modern, purpose designed assessment room, fully accessible washroom, with a range of aids fitted, including a fully automated toileting system for their convenience and for trial purposes.
Better Mobility detailed how there is now also ample parking and a large paved outdoor area for trying new products, and adjustments to their chairs and also described how the extra space has allowed the team to be more efficient for customers and hold more hire and demonstration stock for ready availability.
The team at Better Mobility are also enjoying the new space, with spacious offices, work areas, and meeting rooms.
Commenting on the move, Jeanette Warner, director, said: “After many years of cramped quarters, and making do, our search for the perfect property for our business to move forward finally came to an end earlier this year. The move to a bigger premises was highly strategic, and has delivered better than we even imagined.”
Adding: “Sales have increased greatly, efficiency and profitability are both increased as well, staff morale is even higher than usual and this has set us up well for our next planned steps to grow the business and serve our customers even better.”
Looking ahead, Warner went on to confirm how the team is exploring further avenues of growth.
One of these is the imminent launch of an exclusive Better Mobility package, working with Progeo Italy on the Joker, and with Ottobock UK on the Ego wheelchair.
Warner has been building the business for a number of years and this is the latest step in the company’s success.
She also featured in the 2017 AMP Power List, find out more here:


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PARIS, DENVER, SINGAPORE & SAO PAULO—ATEME has announced that it is joining Akamai’s Media Technology Partner (MTP) program, where it will combine its technology with Akamai to help deliver high-quality video with Ultra low latency.
As part of MTP, ATEME’s video delivery technology—including encoding/transcoding and packaging platforms—will demonstrate technical integration, interoperability and alignment with Akamai’s media products. ATEME will prepare content with different bitrates and formats to make them available for Akamai media delivery, according to the companies.
Jon Alexander, senior director of Media Product Management at Akamai says that working with ATEME will simplify media processing from a cloud infrastructure, enabling customers to deploy low-latency live video solutions.
“We are delighted to partner with Akamai, a world leader in content delivery, and enable industry-leading low latency live video delivery,” said Remi Beaudouin, chief strategy officer at ATEME. “The combination of ATEME’s live encoding and compression and Akamai’s content delivery at the edge provides production ready sub five-second OTT video streaming.”
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Carpetright is set to close down 92 stores across the UK, with 300 jobs set to be lost in the process.
The carpet specialists have been struggling, with profits falling, and have blamed ‘poorly-located’ stores for some of their problems.
Stores are closing, whilst 113 others will aim to have their rents cut if a deal under company voluntary arrangement (CVA) proposals is agreed.
Creditor approvals for the CVA will be sought this month before shareholders being asked for their backing.
Carpetright currently has 409 stores in the UK, so the loss of 92 is a significant chunk of their business.
Carpetright stores set to close
Belfast – Newtownabbey
Glasgow – Great Western Road
Glasgow – Parkhead Forge
Hamilton – Carpetright
Hamilton – Sleeprsight
Iverness – Merkinch
Leeds – Birstall
Leeds – Hunslet
Reading – Oxford Road
Sheffield – Meadowhall
Sunderland – Castletown
Thornton Health – Carpetright & Sleepright
Wakefield – Cathedral
Wakefield – Westgate (Storeys)
Wigan – Robin Park
York – Foss Island
Carpetright chief executive, Wilf Walsh, said of the deal: ‘These tough but necessary actions will enable us to address the burden of a legacy UK property estate consisting of too many poorly located stores on unsustainable rents and are essential if we are to restore our profitability and deliver a successful turnaround.
‘Carpetright has engaged fully with the British Property Federation on the detail of the CVA Proposal and we thank them for their constructive approach.
‘Completion of the CVA and equity financing will enable us to establish an appropriately-sized estate of modernised stores, on economic rents, complemented with a compelling online ffer, enabling Carpetright to address the competitive threat from a position of strength.’


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NEW YORK (
) -- Fast food is in the spotlight on Tuesday as
is upgraded and
downgraded by an analyst.
McDonald's was lifted to outperform from neutral by Credit Suisse analyst Keith Siegner, citing potential earnings drivers like its international business.
"We do not believe estimates or valuation fairly reflect McDonald's ability to build upon already substantial 2008 and 2009 share gains through a several-year recovery period," he wrote in a note. "McDonald's will benefit from its unique ability to simultaneously appeal to both 'depressed' and 'recovering' consumers."
Siegner also boosted his price target to $71 from $69.
But Burger King's recent tension with franchisees led Siegner to downgrade the company to neutral from outperform. He also dropped his price target to $21 from $23.
Last last year Burger King franchisees sued the company over its $1 cheeseburger promotion, claiming the low price forced them to take a loss.
McDonald's will post its fourth-quarter results this Friday, while Burger King's results will come out on Feb. 4.
-- Reported by Jeanine Poggi in New York.
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