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Electric car maker Tesla Motors (s TSLA) has started adding a triple-layer metal shield, made of titanium and aluminum, to the under bodies of its cars, as of March 6. The shield will further protect the battery pack (in addition to the aluminum armor plate already there) from impacts from below, said Tesla CEO Elon Musk in an announcement on the new blogging site Medium.
While Tesla cars have a high safety record, a couple of its cars caught on fire last year after dramatic crashes where objects penetrated the battery pack. Now that Tesla has been ramping up its production — it shipped 22,477 Model S cars last year and plans to ship 35,000 in 2014 — the number of accidents its cars get into will naturally be higher. Tesla said any vehicles made before March 6 can be retrofitted with the shield free of charge upon request.
Adding more metal to the car, of course, adds weight, which reduces the range of the battery. But given that aluminum and titanium are relatively lightweight metals, Tesla said the shields only have a 0.1 percent impact on the range. They also don’t affect driving or handling, it said.
Tesla already responded to the car fire incidents last year by releasing an over-the-air software update for the air suspension of the Model S that will increase the ground clearance at highway speeds. Because the Model S is more like a connected gadget — and less like a traditional car — it can be tweaked with software upgrades throughout its lifetime.
Tesla’s shares rose 4.10 percent on the news in morning trading to $215.72.


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The world’s most powerful search engine for smart shoppers has launched a mobile app. Yroo, the unbiased shopping tool, just launched a mobile app... Read More
The star of the new binge-worthy flick ‘Shots Fired’ is stepping up her summer style. Read More
We are not “old Black” nor “new Black” we are ALL Black.
He is known as the Godfather of street wear clothing. Read More
After three years of legal disputes, the lingerie retail giant is finally paying its employees. Read More
It was an all-white affair for the couple who was recently in Miami promoting their new film, Downsized. For the 21st Annual African American Black... Read More

domain: news


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The European Commission has found that a Polish tax on the retail sector is in breach of EU state aid rules.
The Commission concluded that the progressive tax rates based on turnover give companies with low turnover an advantage over their competitors. Following a complaint, the Commission opened an in-depth investigation in September 2016 into the measure. Poland did not collect this new tax and, as a result, no State aid was effectively granted. Consequently, there is no need for recovery in this case.
The Commission does not question Poland's right to decide on its taxation systems or on the objective of different taxes and levies. However, the tax system must comply with EU law, including State aid rules, and cannot unduly favour certain companies over others.
The Commission's investigation has shown that with this progressive tax rate structure, smaller companies would either pay no retail tax at all or face a lower average tax rate than larger competitors. This would give companies with a lower turnover an unfair economic advantage. Smaller companies should of course pay less tax than their larger competitors in absolute terms, but still in the same proportion to their turnover.
Poland has not demonstrated that the progressivity of the retail tax was justified by the objective of the retail tax to raise revenues, or that companies subject to the higher rates would have a higher ability to pay.
Today's decision requires Poland to remove the unjustified discrimination between companies under the retail tax and restore equal treatment in the market. A full press release is available online in English, French, German and Polish.
- 30. kesäkuuta 2017
- Verotuksen ja tulliliiton pääosasto


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Gotham Greens has opened its new 100,000-square-foot hydroponic greenhouse outside of Baltimore. Reimagining a portion of the former Bethlehem Steel Mill located in Sparrows Point, this is Gotham Greens’ seventh greenhouse in the United States and its first greenhouse that will provide a year-round supply of fresh produce to retail, restaurant, and foodservice customers across 10 states throughout the Mid-Atlantic and Southeast regions.
The greenhouse will produce more than six million heads of lettuce annually and bring the Brooklyn, N.Y.-based company’s total annual production to more than 30 million heads of lettuce nationwide. Gotham Greens’ produce is grown using hydroponic systems in 100% renewable electricity-powered greenhouses that use 95% less water and 97% less land than conventional farming.
“We’re excited to introduce our line of leafy greens, herbs, sauces, dips, and dressings to even more people up and down the East Coast,” said Viraj Puri, co-founder and CEO of Gotham Greens, in a company press release. “By conducting our first harvest during the cold winter season, this underscores our commitment to growing and delivering high-quality, long-lasting, and delicious produce all year round.”
To aid the movement of fresh specialty crops into marketing channels, AMS is extending the expiration date of USDA audit certifications scheduled to expire on or before May 31, 2020, by 60 days.
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (USDA APHIS) has announced a regionalization agreement with China for the safe trade of poultry products.
U.S. Department of Agriculture (USDA) program leaders this week emphasized the effectiveness of the agency’s response to the COVID-19 crisis, both for employees and U.S. consumers dependent upon the food supply.
Food industry leaders took part in a teleconference to update U.S. President Donald Trump on the situation over the weekend, and President Trump urged consumers to avoid hoarding essential food supplies in a news conference on Sunday.


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Microsoft recently hinted on some major technological innovations relating to their line of Windows 10 Mobile smartphones, hinting at the possibility that the long rumored Microsoft Surface Phone will be a reality sometime soon.
During Microsoft’s Build Tour 2016 in London a few weeks ago, Windows’ corporate vice president Kevin Gallo said that the company is still pushing forward with their Windows Mobile phones, and they are, in fact, gearing up for the release of devices in the premium category.
“Windows Phone is fully supported. We’re fully behind it. We’re not abandoning the phone,” Gallo said in response to an attendee. “We’ll lead with some high end and category innovation like we’ve done with Surface, and OEMs will go and built the breadth of the catalog,”
As for the specs of the long rumored device, it is expected that the upcoming Surface Phone will come in three different variants one that was said to be the entry-level mass consumer variant, another that was categorized as a mid-range variant, and the third one which is, as per the specs that is rumored for it, tipped to be a massively powerful device.
The standard variant, the lowest one of all the rumored three, is expected to come packed with 4 GB worth of random access memory (RAM) and 64 GB worth of internal storage capacity. The mid-range one, on the other hand, would be sporting more by having 6 GB worth of RAM, alongside 128 GB worth of internal storage capacity.
The third one, said to be targeted for enterprise and mostly business purposes, was tipped to have a whopping 8 GB worth of RAM something that could be a first for any kind of smartphone, as the biggest RAM capacity to date for a smartphone is at 6 GB alongside 512 GB worth of internal storage capacity, something that is also unheard of for any form of smartphone thus far.
As for the Windows Mobile, the upcoming Surface Phone is seen to be the potential “savior” of the supposedly “dead” platform. The reason for this assumption cited that the Microsoft Lumia phones the flagship phones of the tech company that run on the Windows Mobile system had seen a major decline in sales of up to 73 percent in the span of only a year.
The release of the Surface Phone, alongside the newer Windows 10 Mobile operating system if and when it would happen is expected to be the saving grace for the company.


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- 2 min read
Brand Factory launches digital IP, 'Brand stock exchange'
The digital campaign is promoted by IdeateLabs
According to the company, the online bid will be live for 24 hours and the customers will get a chance to trade and grab products at the most discounted rates. BSE is one-of-a-kind concept that any of the fashion apparel brand has introduced so far, it added.
“The idea is to bring in the greed and urgency for the offers, which instigates the consumers to pre-book on the basis of their most desired offers. For the first time, India gets a chance to decide the discount on their favourite brands. We are using multiple legs from media to influencer campaigns for creating a buzz. The aim is not just to educate consumers about the concept but engage with them," Roch D’Souza, CMO, Brand Factory, said.
BSE’s online bid will be hosted on the landing page of the brand’s website and their Facebook and Insta handle on 3rd September 2019. 12 top-notch brands will be displayed on the listing and the additional discount (over and above the in-store discounts) will keep fluctuating. The audience will have to claim their brand/s at that particular discount.
“It is a buzz-worthy campaign that we are forging for Brand Factory. To carry this forward, the communication plan comprises of memes for educating the audience, giving them the feeling of FOMO and instilling greed to grab great discounts," Ashish Rana, business head, IdeateLabs, said.
The campaign is launched on the digital platforms such as Facebook, Instagram, Twitter, and third-party platforms. Various influencers will talk about BSE and create hype about the promo on their Instagram handles. A tutorial video has been shared by the brand to educate the consumers and explain the concept of BSE.


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Spotify has launched its first branded Instagram AR camera effect. The effect, created by Byte, has been designed for rapper, Headie One. Echoing artwork from the artist’s new Music x Road mixtape, the AR effect lets fans place the album cover’s reflective mask over their own face, along with a tattoo over their chest.
The effect was created after Facebook opened up its Spark AR Instagram Beta to brands earlier this month, allowing be a move that allows brands, as well as Instagram users, to create camera effects within Instagram. Byte has developed multiple camera effects and lenses for a range of artists on Snapchat.
“We're always looking for new ways to bring our artists' visions to life, and the new Instagram effect features felt like a great opportunity to achieve this,” said Spotify’s UK social marketing manager, Fraser Stapleton. “It also gives fans an interesting way to show their love through unique shareable experiences, so it serves both sides of our marketplace.”


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Former Finance Minister and Member of the Senate of Pakistan, Shaukat Tarin made a statement about freelancers in a meeting of the Senate Standing Committee on Commerce. The ex-finance minister also mentioned that IT exports can be pushed to $50 billion in the next five years
Talking in a meeting of the senate standing committee of commerce, former finance minister and member senate ‘Shaukat Tareen’ claimed that freelancers in Pakistan have saved up somewhere around $3 to $4 billion amidst the dollar crisis and the Pakistani rupees drastic fall against the dollar and many other world-leading countries.
Coming at number 4 in the list of countries with most freelancers, Pakistan houses a whole lot of talented freelancers. With a depreciating currency and a low performing economy, freelance income offers much more than an average job.
With most freelancing platforms offering to pay in dollars, a lot of freelancers save their incomes in foreign banks and PayPal accounts instead of bringing the dollars into the country. It’s only logical since the dollar has only been going up, but it’s further damaging to the economy.
Tareen also targeted e-commerce and said that people working in this sector have their dollars parked into foreign banks. Upon completing his statement, Tareen went on to criticize the current government for these shortcomings.
The ex-finance minister said that this government withdrew all e-commerce and freelance promoting initiatives taken by the former government. All freelance income under the current government is taxed, this further discourages freelancers to bring dollars into the economy.
Pakistan ranks 37th in the world in the e-commerce sector and 4th in the freelancing sector. Having earned dollars for the country both these sectors should be highly promoted. Tareen at the end of his speech requested FBR and the State Bank to look into the matter.


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Airport body scanners and personal privacy
“the big question to our country is how to balance the need for personal privacy with the safety discussed the use of full-body scanners for airport. Employee demonstrates a full-body scanner at logan airport invasion of privacy individual's body shape the scanners were so powerful. One of the main proposals to combat this potential is full-body scanners at airports to say we have to give up all of our personal privacy in order to have. A full-body scanner is a device that detects install full-body scanners at all airport and train the issues of personal privacy are a. Airport body scanners: necessary precaution or invasion of privacy soon, when you travel by plane, you may be asked at the airport to step in front of a screening. In response to the terrorist bombing attempt on christmas day, dutch officials have announced that they will begin using more full body scanners for united states. Airport security uproar raises medical privacy in subjecting its citizens to personal intrusions in imaging body scanners installed at airports across.
Full body scanners at airports—the balance between privacy and state responsibility and procedures which intrude into personal lives of individuals. What are your rights at airport screenings and checkpoints airport scanners at security checkpoints a whole-body scan of the fully clothed passenger prior. English composition 1 webfolio airport security these regulations infer on people's personal privacy senate bill would make airport body scanners mandatory. A millimeter wave scanner is a whole-body imaging device used for detecting objects concealed underneath a person’s clothing using a form of electromagnetic radiation. Read this essay on full body scanners at airport as privacyx-ray full-body scanners can some kidnapped because of the information see in one’s personal. Airport body scanners and personal privacy believe it or not, there was a time when passengers showed up an hour before their flights and walked directly to.
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Full-body imaging scanners are raising concerns about the protection of personal privacy. New airport security scanners could become a popular alternative to body searches, but have also prompted some privacy concerns whole-body imaging technologies can.
Full-body scanners: exposing issues of privacy americans seem unconcerned about those full-body airport scanners in deeply personal. Here’s what to expect when taking your carry-on bag through security screening areas of the body rigorous privacy protections personal.
Airport body scanners and personal privacy
Airport body scanners that produce graphic images of personal finance luxury display a generic outline of the human body, raising fewer privacy.
- In response to the terrorist bombing attempt on christmas day, dutch officials have announced that they will begin using more full body scanners for united states-bound flights.
- One traveler criticized the body scanners at airport checkpoints as “an overpriced technology that provides a false sense of security and a real sense of intrusion into our personal lives.
- A security officer demonstrates the monitoring station which will be used with full-body scanners at o'hare international airport in chicago, illinois.
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Naked in front of the machine: does airport scanning violate privacy analysis of body scanners in the on the specific case of airport body scanners. Full-body scanners airport security is one of “it's a security scan designed for privacy and for of privacy amsterdam’s schiphol airport uses a similar. Better airport scanners delayed by privacy we're going to have to figure out the balance between personal privacy and the full body scanners able to. Tsa see-all body scanners read the case for personal freedom in judge the 789 full-body scanners in use in 156 airports now use a stick. Read this essay on full body scanners at airport as an invasion of privacy come browse our large digital warehouse of free sample essays get the knowledge you need. View more information on body scanners in security at body scanners at manchester airport the personal privacy of passengers is respected and there can be.


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Individual game tickets sold out. Enshrinement tickets and Fan Packages still available.
Individual tickets to the 2007 AFC-NFC Hall of Fame Game between the Pittsburgh Steelers and New Orleans Saints sold out in less than an hour upon going on sale to the public on May 2.
But, there's still a way for fans to get to the game. A variety of Fan Packages, that include tickets to the Steelers-Saints game, remain on sale.
Check out the 2007 Hall of Fame Weekend Fan Packages>>>
Tickets remain for the Class of 2007 Enshrinement. For the first time ever, the induction ceremony has been moved to evening hours. The Class of 2007 - Gene Hickerson, Michael Irvin, Bruce Matthews, Charlie Sanders, Thurman Thomas, and Roger Wehrli - will be formally enshrined during the ceremony held in Fawcett Stadium on Saturday, August 4 at 6:00 PM ET.
Buy Enshrinement Tickets now>>>
For more on the 2007 Pro Football Hall of Fame Enshrinement Celebration, please visit our ENSHRINEMENT SECTION.


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PEG PEREGO recalls child safety seats that don't latch properly
Tuesday, July 31st 2001, 12:00 am
News On 6
WASHINGTON (AP) _ An Indiana company is recalling 14,087 infant car seats that may not latch into the base securely and could put babies at risk of injury in a crash.
The National Highway Traffic Safety Administration and manufacturer Peg Perego USA said they are not aware of any injuries related to the problem.
The seats were sold separately with a base as the Primo Viaggio infant seat or bundled with a stroller and sold as the Pliko Travel System or Primo Viaggio Travel System. The recalled seats were made from Feb. 1 to June 1.
Owners can inspect and repair the seats with instructions from Peg Perego of Fort Wayne, Ind., NHTSA said.


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CRAFTY cons are charging banned mobile phones using the USB port of a computer games console.
Inmates across the country have discovered how to keep batteries charged up to make illicit calls from their cells.
Prisoners have developed a way of attaching phones to their PlayStation 2s using a power cable from a device such as a radio or hifi, which they are allowed to have.
A prison source said: "With a little basic electronics knowledge, it is possible to strip back a wire so that a charge from the USB port can be used to charge a mobile.
"The voltage from a USB port is only around five volts but that is enough to charge a battery."
Some inmates have been running criminal empires from behind bars using mobiles.
The source added: "It is easy to get a mobile phone into prison and keep it hidden but a charger is a different story. Mobiles only last for a couple of days before the battery runs out."
Record numbers of illegal mobile devices are being found each year in Scotland's prisons. In 2007 alone, 748 handsets were discovered - a 32 per cent rise on the previous year.
We have decided not to reveal exactly how the makeshift charging cables are modified.
A spokesman for the Scottish Prison service said yesterday: "Any paraphernalia we suspect of being used in connection with mobile phones will be removed."


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You thought that just because it’s Friday the Gamescom news would be letting up soon, right? WRONG! We’ve already had some pretty exciting announcements from developer Microids this week, including their acquisition of the Agatha Christie license and a progress update on the production of Syberia 3. Well it turns out that Microids had one last trick stashed up their sleeve, and have officially announced today a new game in their critically acclaimed Dracula adventure series, to be titled Dracula 5: The Blood Legacy.
Picking up exactly where the last game left off, The Blood Legacy is being billed as a conclusion to the journey that Ellen Cross began in last month’s Dracula 4: The Shadow of the Dragon (which, by the way, earned a perfect 5-star review from us), as we find out more about the line of mysterious paintings that motivated the entire plot of the game. Much like the last game in the series, The Blood Legacy is expected to take Ellen to all different parts of the world, as she slowly uncovers the truth through a series of atmospheric environments and puzzle-solving gameplay.
While other details about Dracula 5: The Blood Legacy are still a bit scare right now, Microids has revealed that the game is currently in production for PC, Mac, iOS, and Android platforms, with a projected release in the fourth quarter of 2013.


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The credit cards out in force during this holiday time of year didn't come into wide use until the 1970s. But an earlier system known as "installment buying" was based on the same principle, and it was popular. According to a 1941 Gallup news story, about 70% of Americans had used installment plans at some point, and 36% were currently paying for something on installment.
|Gallup, Aug. 7-12, 1941
Unlike credit cards, which use banks as the middleman between consumers and retailers, installment plans were generally direct agreements between companies and consumers, allowing average Americans to take possession of big-ticket items for a small down payment followed by monthly payments with interest. Americans embraced the concept in the 1920s as a way to acquire cars and consumer durables otherwise out of their financial reach. However, the high default rate that ensued is commonly seen as contributing to the Great Depression.
Right before World War II, installment buying became problematic for other reasons. Chiefly, the mass production of things like refrigerators, washing machines, vacuum cleaners and automobiles monopolized resources -- namely metal, manufacturing equipment and manpower -- that were needed for the impending war effort. Secondly, installment plans massively increased consumer demand, driving up prices and therefore inflation, and this was considered a threat to the stability of the U.S. economy.
Rather than ban installment plans altogether, the Federal Reserve ultimately ruled that they should require larger down payments and shorter payoff periods. However, in a test of the more draconian alternative, Gallup found 43% of Americans approving of forbidding anyone from "buying anything more on the installment plan until the war in Europe is over." About half of Americans, 49%, disapproved.
The relatively broad willingness of Americans to have this important convenience curbed in the furtherance of national interests -- even before America entered World War II -- is a testament to the value Americans placed on the greater good. As George Gallup noted, "The plan finally adopted is much more moderate in scope, and would almost certainly meet with more public approval than the drastic step of a complete curb on installment buying."
Read the original Gallup poll release.
These data can be found in Gallup Analytics.
Read more from the Gallup Vault.


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National Alliance on Mental Illness
page printed from http://www2.nami.org/
(800) 950-NAMI; email@example.com
New Magazine Unveiled at NAMI Convention
bp Offers "Hope & Harmony" for Those With Bipolar Disorder
Reaching out to 2.5 million adults and the parents of an estimated one million children in the United States with bipolar disorder, a new magazine, bp, was launched September 8th at NAMI’s 25th Annual Convention.
The Fall 2004 issue offers a cover story on TV talk show-host, author and 1970s movie icon Carrie Fisher and her 20-year battle with bipolar disorder. In addition to the latest news on research and treatment, the issue includes feature stories on dealing with bipolar in the workplace; the power of reconnecting with loved ones; enhancing recovery through disclosure; healthy eating and more.
"On the heels of the success of our flagship publication Schizophrenia Digest, we’re excited to launch this second title designed to de-stigmatize bipolar and bring hope and inspiration to people living with the disorder," said publisher Joanne Garvey. "bp will create a sense of community among its readers, helping those who live with bipolar realize that they are not alone, that others understand their journey, and that proper diagnosis, treatment and support are the keys to achieving wellness."
Supported by Janssen Pharmaceutica Inc. and Pfizer Inc., bp will be published in a fresh, glossy format four times annually. It will be distributed by medical professionals and consumer mental health organizations nationwide with an initial reader base of 50,000. One and two-year subscriptions are available through the magazine’s Web site at www.bphope.com.


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Carriers’ pricing power slipping amid continued Red Sea conflict
The first fatal Houthi attack on a commercial vessel happened earlier this week, claiming three lives. The attacks in the Red Sea have created diversion around the Cape of Good Hope across all of the major container shipping companies, as they opt for the safety of crews and cargo at the expense of shorter transit times.
The result of the diversion has been a surge in global container spot rates of over 200% in a matter of weeks
Shippers should lock in trucking rates soon: experts
Shippers seeking the lowest trucking rates should lock them in now, industry experts say.
Carriers are beginning to signal improving market trends, and that may mean higher costs in the future for supply chain managers to move freight. Already, inventories are showing signs of normalizing and executives at some major trucking firms have said a return to normal could be around the corner.
U.S. takes action on cybersecurity threat to maritime infrastructure
The Biden-Harris Administration has issued an Executive Order aimed at bolstering the cybersecurity of the nation’s ports, alongside a series of additional actions that will strengthen maritime cybersecurity, focusing in part on Chinese-made cranes at ports.


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Hoopla goes from strength-to-strength as e-commerce drives demand
While 2020 has been a year to forget in so many ways, Hoopla is reflecting on a year of unprecedented demand for its services resulting in a 50% increase in year-on-year growth.
The pandemic has been a challenging time for a lot of brands but has also created an opportunity for them to evolve and extend their offering and ways of engaging with customers old and new.
E-Commerce has seen unprecedented growth with experts predicting that it will account for almost 30% of total retail sales in 2020 – a 10% increase from the previous year.
Hoopla, the Manchester-based Social Media and Influencer Marketing Agency, has been able to support brands with their e-commerce offering thanks to its hybrid approach to Influencer Marketing with some clients seeing up to 356% increase in sales as a direct result of their work.
Danny Cleaton, Social & Digital Director at Hoopla Marketing said: “The pandemic has been a terrible time in so many ways and a number of brands have been seriously impacted with shop closures and effects to the supply chain. This has meant brands have had to think of more innovative ways to connect with their customers.
“We’ve been able to implement innovative hybrid influencer marketing campaigns for some of these businesses, delivering brands a clear ROI and increase in sales which has enabled brands to grow their business at a fantastic rate.”
This increase in demand has resulted in Hoopla whose current client roster includes Frenchic Paint, Ercol and British Design Shop scooping seven new clients within the past couple of months alone.
New clients include Phs, Little Freddie, Sipful, Anxt, Cover Your Wall, Dr Gabriella Skincare, Lalage Beaumont and Coleman Douglas Pearls.
For further information on Hoopla Marketing, please visit the website www.hoopla-marketing.com and follow on Instagram https://www.instagram.com/hooplamarketing/


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It appears that things aren’t going as planned with Apple’s first car project, aka Project Titan. A series of layoffs and talks about “rebooting” the project are certainly not a good sign. Hot right now in the news because of the iPhone 7, the Cupertino firm has started laying off people.
Dozens are said to have been fired after working on the company’s self driving tech. A reboot has been confirmed by people close to Apple, but keep in mind that the behemoth never even admitted it was working on a car. Last we heard, Project Titan had on board hundreds of employees and various poached brilliant minds from Tesla and job offers showed us that something was brewing in Cupertino.
Patents for self driving cars were also filed. It was also recently reported that Apple decided to give up on building a full car and focus on technology for a self driving car. We wrote about the appointment of Bob Mansfield to supervise Project Titan in July and the layoffs are said to be part of a strategic shift. Earlier this year Steve Zadesky, former Ford engineer and VP of Product Design left the company, which didn’t sound good at all.
This caused some problems with deadlines and people working below Zadesky were baffled. The Apple Car launch was said to be 2020, but then it was moved to 2021 and now it’s totally uncertain.


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It has recently become clear that the Real supermarket chain will soon have a new owner. But the sale has consequences for individual Real branches as well as for the parent company Metro.
Around 30 of the remaining 276 real stores are to be closed after the upcoming sale of the supermarket chain to the financial investor SCP. That said the boss of the real parent company Metro, Olaf Koch. The manager reported that the sales negotiations were “closed, so to speak”. It is planned that the boards of both companies will give their approval to the negotiated contract as of Thursday.
Metro has been looking for a buyer for a while
The Düsseldorf retail group Metro wants to concentrate entirely on its wholesale business in the future and has therefore been looking for a buyer for its weakening supermarket division for some time. After the sale, the supermarket chain with currently around 34,000 employees is to be broken up. The buyers want to continue operating a core of 50 real markets for at least 24 months. However, the majority of the branches are to be sold to other dealers such as Edeka or Kaufland. The new operators are expected to promise to continue employing Real employees, Koch said. Branches without future prospects are to be closed.
Also in the important Christmas quarter, Real once again proved to be the problem child of the Metro. Further value adjustments shortly before the sale made the parent company in the red in the first quarter of the 2019/2020 financial year. The bottom line was a loss of 34 million euros, as the company announced when presenting the quarterly figures. The valuation allowances on Real put Metro at 237 million euros.
Effects of the sale on the parent company
With the sale of Real, Metro expects a net inflow of funds of around EUR 300 million. That is around 200 million euros less than was hoped a few months ago. Here, among other things, the business development at Real has made itself felt in recent months, said Koch.
In continuing operations – i.e. without real and without the Chinese business that is also about to be sold – the profit of the retail giant fell in the three months at the end of December by almost 30 percent to 121 million euros. The operating result (Ebitda) excluding real estate sales decreased slightly by 0.6 percent to 526 million euros. The company confirmed the annual forecast.


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North America extended its dominance for machine learning hiring among payment industry companies in the three months ending December 2021.
The number of roles in North America made up 59.4% of total machine learning jobs – up from 55.% in the same quarter in 2020.
That was followed by Middle East & Africa, which saw a 0.7 year-on-year percentage point change in machine learning roles.
The figures are compiled by GlobalData, who track the number of new job postings from key companies in various sectors over time. Using textual analysis, these job advertisements are then classified thematically.
GlobalData's thematic approach to sector activity seeks to group key company information by topic to see which companies are best placed to weather the disruptions coming to their industries.
These key themes, which include machine learning, are chosen to cover "any issue that keeps a CEO awake at night".
By tracking them across job advertisements it allows us to see which companies are leading the way on specific issues and which are dragging their heels - and importantly where the market is expanding and contracting.
Which countries are seeing the most growth for machine learning job ads in the payment industry?
The fastest growing country was the United States, which saw 52.3% of all machine learning job adverts in the three months ending December 2020, increasing to 55.9% in the three months ending December last year.
That was followed by the United Kingdom (up 1.3 percentage points), South Africa (up 0.7), and Australia (up 0.6).
The top country for machine learning roles in the payment industry is the United States which saw 55.9% of all roles advertised in the three months ending December.
Which cities are the biggest hubs for machine learning workers in the payment industry?
Some 5.7% of all payment industry machine learning roles were advertised in New York City in the three months ending December - more than any other city.
That was followed by Plano (US) with 5.7%, Bengaluru (India) with 4.5%, and Chicago (US) with 4.3%.
GlobalData is the parent company of Electronic Payments International and its sister publications


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The Federal Motor Carrier Safety Administration lifted some of its restrictions on drivers carrying baby formula products this week. Responding to a national shortage, the FMCSA will allow drivers to drive overtime to get baby formula onto shelves. The restrictions also apply to those hauling ingredients and packaging to baby formula manufacturers.
The specific law that applies to these cases is 49 CFR § 395.3. This law restricts the length of driving shifts to 14 hours, during which the driver may only drive for 11 total hours. No single drive can last for longer than eight hours without a break during that shift. The law also places restrictions on weekly hour totals for drivers.
The FMCSA also expanded its repeal of the same restrictions for pandemic-related supplies. The agency expanded Emergency Declaration 2020-002 to include heating fuels like propane. The pandemic-era declaration, which also applies to COVID-19 related medical supplies, food, and gasoline, will remain in effect through May 31st.
Biden administration looks to address baby formula shortage
Domestic production of infant formula has been low since Abbott Laboratories issued a massive recall in February. Abbott recalled its powdered formula after four babies became sick after eating it. The company then shut down its Michigan production plant, which has been closed ever since. An FDA investigation into the plant found harmful bacteria in the plant, which likely caused the sickness in the infants.
Last week, the Biden administration invoked the Defense Production Act to help ease the shortage. The Defense Production Act requires manufacturers to direct formula-related products to formula manufacturers before any other customers. The administration also announced an airlift plan, dubbed “Operation Fly Formula.” This operation would allow the federal government to import formula from foreign sources using defense aircraft.
The repeal of these regulations shows just how serious the formula shortage is. These regulations help keep the roads safe so people like us at Global Auto Transportation can make our shipments without the fear of a tired driver causing an accident. Hopefully, the shortage will ease soon.


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Samsung Launches Vision 2010 at ISC West
Comprehensive Security System Solutions Initiative Supported With Numerous New Product Introductions.
Las Vegas, NV - Samsung Techwin America, a global supplier of video surveillance products combining superior performance and value, has launched a new business initiative here at ISC West called "Vision 2010". Under the direction of Frank DeFina - who was recently appointed Senior Vice President of Sales and Marketing, North America, Samsung Techwin America - Vision 2010 is a strategic business initiative to firmly establish Samsung as a comprehensive supplier of security systems including video surveillance, access control, intrusion detection and alarm systems. In support of Vision 2010, Samsung is displaying numerous new products at the show, and announced several new sales and marketing programs aimed at further solidifying the company's relationships with users, resellers, integrators, engineers and consultants.
"Vision 2010 represents a new direction for Samsung in the professional security marketplace. In addition to the numerous new products and programs we are introducing at ISC West, we will capitalize on all the resources Samsung offers as a global force in the electronics industry to deliver the best performance and value proposition attainable," said Mr. DeFina. "We see the professional security industry as a power zone for Samsung, and we are aligning our resources behind this business initiative to ensure its long-term success."
In support of this effort, Samsung is displaying its comprehensive portfolio of system solutions at ISC West including numerous additions to its video surveillance, access control, and intrusion detection and alarm systems.
Key video surveillance introductions include a new series of 1.3 megapixel IP cameras with newly developed WiseNet Digital Signal Processing, a new series of H.264 DVRs in models offering 4 to 16 channels, a new series of high performance analog cameras with the company's newly developed W5 chipset, and a new series of UTP cameras and accessories to further capitalize on the inherent economy afforded by structured cable infrastructure.
Additional systems on display include: Samsung's i-Polis access control systems that integrate with the company's recording solutions; intrusion detection and alarm systems that integrate seamlessly with the company's video surveillance and access control solutions; and a military grade robotics system to get you close to the action without putting personnel in harm's way.
"This is the new Samsung," continued Mr. DeFina. "We're bigger, better and most appropriately equipped to provide the networked integrated systems that users are looking for to future-proof their installations."
For more information visit www.samsungsecurityusa.com.
About Samsung Techwin America
Samsung is a leading supplier of advanced video surveillance solutions for IP-video, analog and hybrid systems. Building on the company's history of innovation, Samsung Security Systems is dedicated to providing systems solutions with the highest levels of performance, reliability and cost-efficiency. As a subsidiary of a $117 billion international market maker, Samsung is committed to the continued development of innovative systems products for professional security applications. For more information, visit www.samsungsecurityusa.com.
Jennifer O'Reilly / in|fusion


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- Wealth PMS (50L+)
Gold’s trading at a high premium. Get this, RBI. You can’t reduce the consumption of a product by restricting supply, when demand is high. Jewellers are now paying a premium for gold, because their customers want the darn thing. Soon, you will find banks and agencies reimporting gold, against “full margin” and the cost of gold in India will go up again, and so will the current account deficit.
Taibbi says the Rating agencies knew about the subprime damage and documentary evidence shows they purposely looked away. We need to make rating agencies irrelevant. (RBI are you listening? Please remove any “lower” provisioning requirements for “rated” bonds or loans)
India’s Services PMI for June 2013 comes in at 51.7 which takes the composite index to 50.9 from 52 last month.
And Hindustan Copper has another offer for sale by the government, this time at Rs. 70. That’s a steep discount over the steeply discounted Rs. 155 that there was an offer for in 2011, and which was largely bought by LIC. I suppose policyholders can live with that.
The Brent-WTI premium is vanishing. From a near $11 spread earlier this year (and more than $20 earlier) we’ve seen it collapse to less than $5. This, says Walter Kurtz (at Pragcap) is due to easing Iranian tension:
Greece has three days to meet bailout conditions or face the consequences, says Reuters. The consequences are, says Mish, that either Greece meets the conditions or cribs and the conditions are lightened enough so Greece can meet them. Such fun.
Car sales have a depressing June. You should buy battery makers in a year or so. If no one’s buying cars, they’re going to have to change their battery soon.


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Sophisticated banking malware targets Android users
Researchers have discovered malicious software targeting online banking customers that use Android smartphones and tablets, the latest indication of a surge in attacks against the platform.
Android smartphones have become a popular target for criminal hackers looking to steal personal information and break into bank accounts.
Now, researchers at the Slovakian security firm ESET say they've discovered a new strain of malicious Android software called Spy.Agent.SI that could be particularly dangerous to users.
The malware, targeting 20 of the largest banks in New Zealand, Australia, and Turkey, locks up the device's screen unless users give up their login credentials. The malware can also capture text authentication codes sent out by banks – compromising two-factor authentication.
Hackers disguised the malware as a version of Adobe Flash Player, a widely used tool that runs video and animations on Internet browsers. As with most malicious tools that target Android devices, Spy.Agent.SI only impacts users that download their software from unofficial third-party mobile application stores instead of Google Play.
Once downloaded, Spy.Agent.SI prompts the user to grant it access that makes it hard to uninstall the malware. It then collects and sends a slew of information about the Android phone to an external computer controlled by hackers, including the name of every application installed on the device.
If the user has a mobile app from from one of the 20 banks targeted by Spy.Agent.SI, the malware serves up a fake login page, disguised to capture login credentials and send them to another computer – where they can be used to steal money from bank accounts.
Though hackers designed the malware to go after customers in Australia, New Zealand, and Turkey – Spy.Agent.SI could be easily tweaked to target customers of any bank in the world.
Spy.Agent.SI is one of thousands of increasingly sophisticated Android hacking tools that have surfaced over the past few years. Android’s enormous popularity – more than 82 percent of the world’s smartphones run the Google operating system – has made it a prime target for attackers looking to steal identity information and other data. According to a recent Hewlett-Packard survey, criminals only target one operating system – Microsoft's Windows platform – more than Android.
Malicious attacks on Android smartphones and tablets accounted for 18 percent of all cybercrime last year compared to about 42 percent for Windows, according to HP. Even more worrying, attacks against Android are growing much faster than most other platforms.
Jon Oltsik, an analyst at the Enterprise Security Group, says there are several reasons why Android has become such a popular target for hackers. Unlike the iPhone’s iOS software, which is completely controlled by Apple, Android's open source code is publicly available to inspect and build upon. “The bad guys can pull it apart, find its weaknesses, and exploit them more easily,” Mr. Oltsik said.
"Second, the Android installed base is huge, much bigger than iOS," he said. "Third, vendors have different versions of Android and don’t always distribute patches in a timely manner."
Android also has a much larger user base than iOS, Oltsik said, and vendors often fail to deliver software patches quickly, giving hackers more leeway to exploit customers, especially in Asia, where users use smartphones for online banking more than desktops.
"So if you want to steal user credentials," he said, "you attack Android."


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Well, when Kojima announced that he’d secured a partnership with Sony to deliver Death Stranding, it was stated to be a ‘console exclusive’, but ‘is planned to become available on PC (after PS4).’ Sony funded a portion of its development and gave the Kojima Productions team access to the Decima engine, so it was hoisted up alongside exclusives like The Last of Us Part II and Ghost of Tsushima.
Back then, Sony said that it was ‘not disclosing details’ on when the PC port would be arriving. But today, the release window was dropped in a surprise announcement by the developer. ‘Kojima Productions is happy to announce that Death Stranding will be coming to PC in early summer of 2020!’ the tweet from its official account read.
PC players will have to bide their time for a little while longer, but hey, maybe by then we’ll have worked out what Death Stranding is all about. It also opens up new possbilities for the social strand system inherent to the game's experience. Maybe we'll know what that means by next summer too.
Death Stranding launches on November 8 for the PlayStation 4.


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Some things in life are so good, you just have to keep them to yourself.
It’s why you never shared your best toys as a kid, why some of the best books go unpublished, and why you hide your best ideas from coworkers.
Sometimes, though, on the rarest of occasions, you realize that the world deserves to take in your piéce de résistance.
Case in point –- the iconic American pony car, the Ford Mustang, has historically been a stateside staple. For 50 years, the Mustang tore through every stretch of North American asphalt, but was never stabled abroad.
However, for the first time, 2015 sees an evolved Mustang bound for exotic coasts. The all-new, redesigned Mustang will gallop into more than 100 international markets. Asia is slated to be the first market to receive a dose of classic Ford engineering, followed by Europe later in the year.
A Mustang built for the world’s stage
The Mustang joins in the long tradition of Ford models going global. The Michigan-based automaker has been shipping its vehicles overseas since Henry Ford exported the sixth Model A assembled in 1903, and in 2014, Ford exported approximately 400,000 vehicles — making the automaker a top U.S. exporter of vehicles.
Prepping the pony car for this ambitious market expansion was no easy task. Due to varying climates, road conditions, and regulations, the 2015 Mustang took on the challenge of going global.
Of course, the 50th anniversary Mustang has held on to its iconic styling. In fact, the world demanded it: The Mustang’s most classic colors, red and black, top the charts for foreign orders. 35 percent of Chinese Mustang orders call for classic red and 20 percent call for black. Similarly, in Europe, red and black are tied for the top spot at 20 percent each.
And you can bet the 2015 pony car still boasts the raw power to go toe-to-toe with any car on Germany’s Autobahn.
But where the 50-year Mustang has changed, however, is in its tailored design, featuring right-hand drive for upwards of 25 markets, a front fender that’s closer to the ground –- in compliance with European pedestrian laws -– an upgraded air conditioning system, and several other every-market modifications.
Production of the international Mustang will continue out of Ford’s Flat Rock, MI facility –- credited with delivering more than 1 million pony cars -– however, each car undergoes final inspection and assembly at one of eight shipping ports across the United States.
ICON FIFTY Road Trip
News of Ford unleashing the Mustang overseas solidifies the car’s station as a global icon. At its core, though, the pony car will always be an American institution. And in celebration of that fact, Ford is honoring the fifty-year history of the Mustang with five unique road trips – highlighting U.S. landmarks just as iconic as the Mustang. For more information, and to choose your iconic adventure, visit http://www.fordmustangicon50map.appspot.com/.


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A new podcast series from PokerStars will take a closer look at how the world of digital gaming is transforming.
The podcast will be called PokerStars: The Next Big Thing.
The show will premiere on April 7 on PokerStars’ YouTube channel.
Here are five things you need to know: 1.
PokerStars is a big deal.
The company, founded in 2014, is known for its online poker platform, PokerStars.
The streaming service has more than 30 million players, according to the company.
This past April, PokerStar announced that it would launch a subscription-based poker platform.
The new podcast will take place during a big week for digital gaming.
The event of April 7 is the largest digital gaming convention in the U.S. and is one of the largest in the world.
This is the third consecutive year that PokerStars has held the show.
This year’s event will feature a live stream on April 9 at 5:30 p.m.
EDT (8:30 a.m.)
PokerStar is taking a big gamble on technology.
The first episode of the podcast will feature interviews with prominent players and executives from the gaming industry.
It will be followed by interviews with executives from financial services firms and technology firms.
The digital gaming industry is going through a renaissance.
Poker, online poker, and the blockchain are all gaining traction, and more people are getting into gaming.
This isn’t just happening in gaming.
Over the past few years, more and more major players have begun to invest in blockchain technology.
This makes it more likely that we’ll see more of these innovations in the future.
What’s next for the world’s biggest gambling company?
As the digital gaming space grows, the PokerStars team has been busy developing the brand new PokerStars app.
This will bring a new user experience to PokerStars, including better ways to play and explore the game.
The app is still in beta, and players will be able to earn points by playing and spending money.


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Among the companies whose shares are making notable moves in Monday's session are Viterra Inc. (VT.T), Research In Motion Ltd. RIMM and TSO3 Inc. (TOS.T).
Viterra (C$14.04, C$0.46, 3.4%) is adding to Friday's 24% stock-price jump, which came after it said it had received expressions of interest from unidentified third parties. Glencore International AG and Cargill Inc. are among companies that are interested in possibly buying the agribusiness, according to people familiar with the matter.
A new survey suggests Research In Motion's ($13.29, -$0.29, -2.1%) BlackBerry is losing its strong dominance as the smartphone used by Capital Hill employees.
TSO3 (C$1.50, -C$0.10, -6.3%) said it must provide additional data to U.S. regulators to support 510(k) clearance for its new sterilizer in the U.S. It said it will resubmit "as promptly as the new data is available."
Among the companies whose shares are making notable moves in Monday's session are Teck Resources Ltd. TCK, First Quantum Minerals Ltd. FM.T and Lydian International Ltd. LYD.T.
A disappointing trade report from China is weighing on copper producers, including Teck (C$35.65, -C$0.88, -2.4%) and First Quantum (C$20.47, -C$0.46, -2.2%).
Lydian (C$2.79, C$0.11, 4.1%) said it has obtained government approval for heap-leach processing at its Almusar gold project, which is in Armenia.


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Accessible, affordable, healthy and sustainable protein is critical to human nutrition and economic development.
Yet academic analysis shows it will be impossible for a global population of 10 billion – a figure expected around 2050 – to consume the amount and type of protein typical of current diets in North America and Europe if we want to achieve the UN Sustainable Development Goals (SDG) and meet the targets set by the 2015 Paris Climate Agreement.
In 2018, the media has increasingly reported on alternative proteins such as plant-based burgers, edible insects, lab-grown meats and other novel products. From how avoiding meat and dairy is the ‘single biggest way’ to reduce our environmental impact, to news that a plant-based burger made the menu of a major US fast-food chain in September, to the New York Times’ recent predictionthat both meat protein grown in a lab and plant-based main courses will arrive on restaurant menus this year: news highlighting the environmental impacts associated with producing animal-based protein and the latest food technologies and trends intended to solve these challenges have become more mainstream.
But despite this recent attention, the world has a long path to travel to provide its growing population with the quantity and quality of protein needed, at affordable prices and in a manner that is both sustainable and optimal for health.
So how will we get there? A year of research and dialogue among stakeholders of the World Economic Forum has begun to suggest a four-part roadmap for making this future of protein a possibility.
Highlighting the multiple benefits to society of transforming today’s protein systems
Protein appears quite siloed at first glance, but in reality, it is a topic that sits at the intersection of many agendas, as a few choice statistics demonstrate:
Food: The Food and Agriculture Division of the United Nations predicts that world meat production will double by 2050
Environment: Total emissions from global livestock represent 14.5% of all anthropogenic GHG emissions
Health: Around 65% of the world’s population is either undernourished or overweight/obese. While meat is both energy-dense and protein-rich, overconsumption of meat contributes to growing rates of obesity and higher risk for non-communicable diseases
Livelihoods: Over 1 billion people are involved in livestock value chains, with half of these dependent on livestock for their livelihoods
Illustrating how change will positively affect societal outcomes across multiple areas will enable a faster and smoother transition than, for instance, justifying a change strategy on environmental or climate action grounds alone.
According to new research conducted by the Oxford Martin School for the World Economic Forum, Alternative Proteins, balancing one’s diet with alternative proteins can reduce diet-related mortality by up to 5% and result in reduced environmental impact at the same time.
Looking at emerging and developing economies, a report by the International Livestock Research Institute, also for the World Economic Forum, Options for the Livestock Sector in Developing and Emerging Economies to 2030 and Beyond, shows enhanced grassland management could sequester up to 150 megatonnes of CO2 equivalent annually, while promoting livelihoods and food security.
Linking multiple positive agenda outcomes – or SDG targets – through one singular topic is a first step is helping key decision-makers and leaders understand the importance of this topic, and encouraging them to help drive change.
Promoting pathways to achieve cost parity
Cost is a central component in the consumer value equation. However, neither alternative proteins – such as the aforementioned Impossible Burger or lab-grown meats (not yet available to the market) – nor animal-based meat grown in a more sustainable manner are currently priced competitively with beef or pork. This means consumers are not necessarily incentivised to diversify their diets with these choices, nor are farmers incentivised to invest in more environmentally sustainable methods of meat production.
Subsidies could be one way to balance out pricing for alternative proteins and more sustainable production methods for traditional meat, and to help grow the markets in these two categories. There is a lot to be learned about innovation in the areas of cost and pricing – and the policy mechanisms that can help promote ‘tipping point change’ – from the transition to clean energy. For example, in 1990 a German photovoltaic (PV) rooftop system cost roughly €14,000/kW. By the end of 2015, the price was less than one-tenth that amount at €1,300/kW. These results stemmed from early policy enablers in Germany that helped promote the scaled installation of PV. Because of these early efforts, scaled investment has occurred and subsidies for renewables are now no longer needed. Could similar support for the evolving protein sector play a similar role in increasing availability at an accessible price point?
Pursuing an intentional transition decade from 2020-2030, leveraging narratives
The transition from meat-based proteins to a wider range of alternatives will play out in different ways around the world. However, a reliance on the market or a hope that individual technologies, unconnected projects, or even financing or policy innovations will cause a global breakthrough – even collectively – are perhaps optimistic. These will likely not be enough to create the scale or speed required to provide universally accessible and affordable, healthy and sustainable protein in line with the SDGs and 2015 Paris Climate Agreement targets by 2030.
This is because of the inherently personal and cultural nature of meat in human diets and livelihoods. The unique emotional and cultural politics of food, particularly of meat, means that another key strategy to accelerate the transition will be required: narratives.
Common narratives – the stories we tell each other about food – can suggest what may be influencing the beliefs of both policymakers and individuals about where the benefits or risks of positively disrupting today’s global protein provision system could lie. Starting from a common evidence base and framing the opportunities using narratives that are both honest and which resonate with people’s’ aspirations and needs will be essential in enabling an accelerated transition.
Take, for example, the recent $300 million Chinese investment in three Israeli-based start-ups working in the lab-grown meat sector. Technology and finance alone will not guarantee Chinese consumers will aspire to eat this form of protein, however. In this case, China – as the Oxford Martin research notes – has a significant public preoccupation with food safety, may benefit from narratives around the controlled environment in which cultured meat is grown to offset consumers’ safety concerns.
Coordinated public-private efforts and intergovernmental engagement may well be required to develop and own both a global narrative on the protein transition, and specific regional narratives – such as in China – along the lines of how other global public health or education agendas are promoted. These efforts should be pursued over the next decade to help overcome the critical cultural and emotional barriers that may stand in the way of a holistic transformation.
Developing a public-private accelerator for research, innovation and scale
Finally, the discussions this year across four continents, combined with the aforementioned research findings, underscore the fact that the acceleration and scaling of various options within the global protein system – whether accelerating alternative protein, driving enhancements to today’s current animal-based production systems, or shifting consumer behaviour – is going to be a local affair when it comes to driving actions on the ground.
To do this, collaboration on a grand scale is necessary. New forms of public-private partnership will be required. Many stakeholders suggested that much can be learned from the creation and evolution of the Consultative Group for International Agricultural Research (CGIAR) system of networked research centres, created in the 1970s to help address the food crisis through advancing the green revolution in different regions around the world and through diversified, locally suited crops. Could a 21st century variant on the CGIAR model, itself a public-private funded initiative supported by major philanthropic foundations, be developed: a consultative group for international protein options acceleration, for example?
Regardless of the form the next step takes, there is a lot to be done. The time to act is now if we are to provide universally accessible and affordable, healthy and sustainable protein in line with the SDGs and the Paris Agreement, as we approach a global population of 10 billion.
This article was previously published on the World Economic Forum website and is reproduced with permission.


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Jill Zarin and daughter Ally Shapiro’s face mask line is getting a new look.
Masks By Jill & Ally’s Candy Collection, a range of colorful, playful mask necklaces priced at $18 each, launched on Tuesday.
“Masks are a scary thing,” Shapiro recently told Page Six Style, adding, “It’s not something fun and now it’s a part of everyday life, so why not make it fun?”
Shapiro also teamed up with Summer Strings founder Charlotte Alden to supply handmade mask chains in new fall colors, due to launch in the coming weeks.
Of their collaboration, Alden told us she’s “grateful” for the opportunity to work with Shapiro and is “really excited” for the second launch together. They dropped their first collab earlier this month.
As Page Six Style previously reported, Shapiro began hand-dyeing masks to help raise money for their COVID-19 initiative to feed healthcare workers called “Noshes for Nurses.”


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Spending on semiconductor manufacturing equipment is poised to bloom this year and next as tech companies gain confidence in the global economy and seek cutting-edge technologies for making chips.
With semiconductors going into everything from consumer electronics to cars, the fabrication-gear spending trend lays a favorable foundation for continued growth at Lam Research (NASDAQ:LRCX), an equipment and services provider to the chip industry.
"Business conditions are looking pretty good," Andy Ng, a Morningstar analyst who covers the company, said in an interview.
Samsung showed off a new 'Galaxy Tab S' tablet last week. The consumer-electronics race is one factor spurring spending on chipmaking gear. View Enlarged Image
Ng says investors are bullish on Lam Research's near-term outlook, and he says the company appears favorably exposed to developing tech trends over the next couple years that could boost its odds of producing strong earnings.
Lam Research Chief Financial Officer Doug Bettinger says the company is "wonderfully well-positioned" to capitalize on current conditions, as the equipment and processes it develops are in high demand.
Lam Research makes and services semiconductor processing equipment used to fabricate integrated circuits. Its customers include chipmakers that produce everything from memory to microprocessors, for use in electronics.
Performance In The Process
The stock has surged this year; since Lam Research reported quarterly earnings April 23, shares have risen about 27% to trade around 67. Jefferies Group analysts initiated coverage this month with a "buy" rating and a 75 stock-price target.
Lam Research should see rising product-pricing power, Jefferies analysts say, as chipmaking customers reach a peak in terms of reducing costs and bolstering performance by minimizing the size of transistors. The thinking goes that customers such as Intel (NASDAQ:INTC) and Samsung will seek advancements from suppliers such as Lam Research to fill a performance-improvement void, via alternative materials and manufacturing process enhancements.
Lam Research is forecast to nearly double its annual earnings per share this year. Analysts polled by Thomson Reuters on average expect $4.40, up from $2.22 last year.
For its third quarter of fiscal 2014 ended March 30, Lam Research logged $1.23 billion in revenue, up 45% year over year and atop analyst views for $1.22 billion.
Profit came in at $216.4 million, or $1.26 a share, on an adjusted basis. That excluded some costs tied to the 2012 acquisition of Novellus Systems and some other special items. The result came in ahead of analyst estimates for $1.17, and compares with EPS of 44 cents a year earlier and $1.10 a quarter earlier.
For the current quarter, the Fremont, Calif.-based firm expects revenue between $1.19 billion and $1.29 billion, and adjusted EPS of $1.14 to $1.28. Analysts in the Thomson Reuters poll anticipate EPS of $1.23 on revenue of $1.25 billion.


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The management at online game agency Sega Company’s holding firm has instructed that they could keep away from nonfungible tokens in play-to-earn mannequin video games primarily based on the response from customers.
In a Dec. 14 assembly of Sega Sammy Holdings’ CEO Haruki Satomi, senior government vp Koichi Fukazawa, and Sega Company President Yukio Sugino, the trio said they wanted to “rigorously assess” the best way to doubtlessly introduce nonfungible tokens, or NFTs, into Sega titles to “mitigate the detrimental components” and work inside Japanese laws. The executives cited “detrimental reactions” from customers abroad rewarded in NFTs for gameplay.
“When it comes to NFT, we want to check out numerous experiments and we’ve got already began many various research and issues however nothing is determined at this level concerning [play-to-earn],” mentioned Sega. “We’ll think about this additional if this results in our mission ‘Continuously Creating, Endlessly Fascinating’, however whether it is perceived as easy money-making, I want to decide to not proceed.”
The executives added that any rollout of NFTs in play-to-earn model games would “be higher to work with companions on new applied sciences and domains […] slightly than coping with them in-house.” It’s unclear how the online game firm intends to maneuver ahead with gauging person curiosity.
The Sega Company is a Japan-based recreation developer and a subsidiary of the Sega Group Company, which merged with the Sammy Company in 2004. The corporate has been behind many common video games for the reason that introduction of Sonic the Hedgehog within the Nineteen Nineties — Sega’s newest title within the sequence, Sonic Frontiers, is scheduled to be launched in 2022. In April 2021, the corporate announced it deliberate to broaden into NFTs by means of a partnership with recreation developer double soar.tokyo.
— セガ公式アカウント (@SEGA_OFFICIAL) April 27, 2021
Ought to Sega transfer ahead with utilizing NFTs in play-to-earn mannequin video games, it will be becoming a member of a wide range of gaming firms incorporating the know-how. In March 2021, France-based recreation writer Ubisoft launched One Shot League, a fantasy soccer recreation developed in collaboration with the Ethereum-based recreation Sorare.


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Sergey Brin has once again hit the town with Project Glass — but this time he let someone else wear Google’s augmented reality headset. California Lieutenant Governor Gavin Newsom wore the specs on his own talk show — and told Wired all about it.
Google’s search engine was created when most of the web’s information was open and available to anyone willing to capture it. In today’s more restrictive environment, Sergey Brin and Google CEO Larry Page may not have even tried.
Google co-founder Sergey Brin was spotted by Twitter machine gun Robert Scoble at a charity event in San Francisco wearing a prototype of the Project Glass glasses..


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Bikroy.com, the largest marketplace in Bangladesh, has announced the winners of ‘Boishakhi Deals 1426 powered by Minister” campaign. The prizes were given to the winners yesterday, on April 17, Wednesday at Bikory’s head office in the capital. Minister Hi-Tech Park Limited was a partner of the campaign with Bikroy.
On this occasion, Eshita Sharmin, Head of Marketing and Ad Sales of Bikroy.com; Naz Hussain, Head of Marketplace of Bikroy.com and K.M.G. Kibria, Head of Brand and Communications of Minster High-Tech Park Limited were present at the award ceremony alongside other senior officials.
- Nabela Rita; the 1st prize winner won a 300-liter Refrigerator sponsored by Minister;
- Shimul Deb Nath; the 2nd prize winner won a 32 “LED smart television sponsored by Minister; and
- Mehedi Hasan Anis; the 3rd prize winner won a gas burner sponsored by Minister.
Customers participated in the campaign by purchasing their favorite products through the “Buy Now” feature in Bikroy Deals, which is a new addition to the Bikroy.com service. It is basically an e-commerce section that provides access to electronics, kitchen and home appliances, personalized gaming items, travel accessories and thousands of products with 100 percent security for customers through the “Buy Now” feature.
The 1st prize winner Nabila Rita said, “I have been shopping online using Deals and this time it was not different, but winning the first prize was absolutely unexpected. I thank Bikroy.com for organizing such a beautiful campaign.”
Eshita Sharmin, Head of Marketing & Ad Sales of Bikory.com said, “I would like to congratulate the winners and thank all the users of Deals. I believe, the winners are very happy to receive such amazing prizes, we are glad to bring smiles on our customer’s face. Earlier in February, we came up with Valentine Deals Contest and received a lot of response from customers, which has inspired us to bring such interesting campaigns on the occasion of Bengali New Year. This campaign has also received enormous responses in a short span of just 19 days and last month and we received ten thousand orders in March.”
K.M.G. Kibria, Head of Brand and Communications of Minister High-Tech Park Limited, the partner of this campaign, said, “I want to congratulate the winners on behalf of Minister Hi-Tech Park Limited. Although for a limited number of people, we are glad that we are being able to be a customers’ happy moments. This will inspire us to hold more arrangements in the coming days. Thanks to Bikroy for organizing such a contest.”
|Pet Ad Listings in Dhaka||Pet Ad Listings in Chattogram|
|Pet Ad Listings in Dhaka Division||Pet Ad Listings in Khulna Division|
|Pet Ad Listings in Sylhet||Pet Ad Listings in Chattogram Division|


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In today’s advertisement and accompanying columnist absolution for updates to General Motors’ semi-autonomous driver-assistance technology, Super Cruise, we were advised to a little glance at the rear-end of what appears to be the accessible 2021 Cadillac Escalade. Whether careless or not, this absolutely seems like the absolute thing, as it was allotment of an official Cadillac columnist image.
There’s a best and added all-embracing address coming, but this angel is allotment of an advertisement adage that Super Cruise will assuredly be offered on the new Escalade.
The attack photo shows a barometer array appearance of what is apparently the Escalade, as there’d be no acumen for any added car to accept a photo of an Escalade-looking affair on its own dashboard. It was spotted by advertent Tony Markovich on Twitter.
The 2021 Escalade, which hasn’t clearly been debuted yet, is rumoured to accept a V achievement model, will accept a behemothic awning in its autogenous and hopefully will be inoffensive-looking. It’ll be accessible during the additional bisected of this year, Cadillac says.
True, the rear-end architecture of the new Cadillac doesn’t attending abhorrent altered from the approachable model. But squares and appropriate angles hardly go out of fashion. So why change what was already working?
What Will The 2021 Cadillac Escalade Look Like Engine – What Will The 2021 Cadillac Escalade Look Like
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The electric-vehicle bazaar fabricated big assets in 2019, beyond assorted car manufacturers — and the industry has alike bigger affairs for the years to come. Rivian, for example, bankrupt out the year with an added $1.3 billion in investments. Tesla angry a profit, debuted the Cybertruck, delivered the aboriginal Model 3s congenital in its Shanghai plant, […]
General Motors appear the anew advised 2021 Chevrolet Suburban and Chevrolet Tahoe full-sized SUVs Tuesday black in Detroit. The SUVs are bigger than antecedent models for added bodies and burden and will be awash in alert as abounding trim levels. GM additionally laid out its affairs to advancement the branch breadth the cartage are accumulated […]
LONDON — Antagonism Point will become the Aston Martin branch Formula One aggregation from 2021 afterwards their Canadian billionaire buyer Lawrence Stroll bought a pale in the ailing British sportscar maker on Friday. The accord agency Aston Martin’s appellation advocacy of above apple champions Red Bull, who use Honda engines, will end afterwards the accepted […]


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Cryptocurrencies have the potential to eventually replace cash, according to new research from financial services giant Deutsche Bank.
Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies.
Deutsche Bank Research released a special edition of Konzept entitled “Imagine 2030” on Thursday. Konzept is a regularly published research report that addresses the fundamental issues driving the world of economics and finance. In the 84-page special edition, Deutsche Bank analysts discussed contrarian ideas of how the 2020s may evolve.
“If one of the GAFA [Google, Apple, Facebook and Amazon] (or their Chinese counterparts BATX [Baidu, Alibaba, Tencent and Xiaomi]) for example are able to overcome regulatory hurdles…this would broaden the appeal of cryptocurrencies, hasten their adoption, and give them the potential to eventually replace cash,” per the report, which is led by Jim Reid, global head of fundamental credit strategy and thematic research at Deutsche Bank.”
The current fiat system looks “fragile,” particularly because of “decades of low labor costs” and inflation. Over the next decade, things could change and “demand for alternative currencies, from gold to crypto, could take off,” according to the report.
Cryptocurrency in the New World Order
Benefits of cryptocurrencies such as security, speed, minimal transaction fees, ease of storage and “relevance in the digital era” could help drive mass adoption in the years to come, it added.
One of the sections of the report discusses cryptocurrencies as “the 21st century cash.” Marion Laboure authored this section, with contribution from Anthony Chaimowitz, Market Research Lead for the EMEA and APAC regions at the bank. “Until now, cryptocurrencies have been additions, rather than substitutes, to the global inventory of money,” Laboure explained, asserting that “Over the next decade, this may change.”
To achieve widespread adoption, Laboure believes that cryptocurrencies must become legitimate in the eyes of governments and regulators. They must also “allow for global reach in the payment market.” Furthermore, “To do this, alliances must be forged with key stakeholders – mobile apps such as Apple Pay, Google Pay, card providers such as Visa and Mastercard, and retailers, such as Amazon and Walmart,” she opined. “If these challenges can be overcome, the eventual future of cash is at risk.”
Cryptocurrencies, however, need to become legal in the eyes of governments and regulators to become widespread, per the report. This would bring price stability, allow for global reach and see increased interest from companies in the payments industry, such as Visa and Mastercard, as well as from retailers such as Amazon and Walmart.
The Future of Cryptocurrencies
While many predict the end of cash in the years to come, Deutsche Bank believes that plastic cards could die out as smartphones make physical cards obsolete. “Whether it is through the eager adoption by millennials or the increased digitalisation of countries’ infrastructure, the plastic card could be on its way out over the next decade while people will still be paying with humble notes and coins.” Governments and banks are also moving towards a cashless society, per the report.


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Supermarket margins on petrol and diesel have more than doubled since Russia invaded Ukraine, according to analysis by the RAC.
Prior to the start of the war in Ukraine the big four supermarkets were making a margin of just less than 5p (4.7p) per litre on fuel – 3.7p for petrol and 5.7p for diesel. Since then, however, this has increased to 10ppl (9.3ppl for petrol and 10.8ppl for diesel).
RAC Fuel Watch data for 2022 shows that the margin on supermarket petrol climbed to almost 11ppl (10.8ppl), and at one point last year it hit 20ppl in the weeks after a new pump price high of 191.5ppl was recorded on 3 July.
So far this year the RC says they have enjoyed an average margin of 15ppl on diesel due to the wholesale price falling significantly and then not being fully passed on to drivers on their forecourts. The wholesale price of diesel was below the wholesale cost of petrol for three months from the end of March leading to supermarket margin reaching a high of 23ppl in May.
Back in 2016, predatory pricing by the supermarkets led to a margin on fuel 2.3ppl. This increased steadily to nearly 6ppl (5.7ppl) in 2019 and remained at that level through the pandemic years. But in 2022 RAC Fuel Watch data shows it jumped by 54% to more than 9ppl and it is averaging at almost 11p this year.
RAC fuel spokesman Simon Williams said: “With news that lower fuel prices were one of the main reasons for inflation falling to 7.9% last month, our data clearly shows that this could have been lower still had the supermarkets reduced their pump prices in line with cheaper wholesale costs.
“Our analysis of wholesale and retail prices reveals the big four supermarkets have benefited considerably on the back of the dramatic wholesale market fluctuations caused by the start of the war in Ukraine.
“They appear to have capitalised on petrol in the early months of the war by upping their margin by 5ppl in 2022, while they have increased their margin on diesel by nearly 8ppl this year to 15ppl by putting off reducing their prices when the wholesale price tumbled. Frighteningly, this is twice the average supermarket margin on diesel from 2019 to 2022.
“While we accept the cost of running forecourts might have increased, these bloated margins must make difficult reading for the millions of drivers who are already battling the rising cost of living. In short, this means everyone is paying more than they should be to a lesser or greater extent depending on where they live.
“We hope artificially high pump prices will become a thing of the past due to the actions promised by the government resulting from the Competition and Markets Authority (CMA) report earlier this month that showed supermarkets had overcharged drivers to the tune of £900m last year. Their recommendation that a price monitoring body is set up and that retailers are mandated to provide live prices for fuel finder apps is very welcome and long overdue.
“While there was another positive step this week when Energy Secretary Grant Shapps met the country’s biggest retailers to tell them to provide real-time prices immediately, we don’t believe drivers will really start to see fairer prices until the official wholesale price monitoring body is set up and given the power to penalise companies that don’t fully reflect significant downward wholesale market movements on their forecourts.
“We will be emphasising how important this is for fuel price transparency to the CMA as part of our ongoing discussions with them.”


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The Canadian retail market is very promising. According to data from the Retail Council of Canada, retail trade’s direct contribution to the Canadian economy was about $74.2 billion in 2009, which was 6.2% of the country’s GDP. The retail sector’s GDP growth in Canada was 34% faster than that of the US between 2008 and 2012. Retailers are now expanding in Canada because of a saturation of sales in the US, growing competition from online players and promising Canadian market.
Target Corporation (NYSE:TGT) plans to open a total of 124 stores in the country by the end of this year and recently opened 17 of them across Ontario. It’s expected that Canada will contribute $2.2 billion in sales in fiscal year 2014 and $4.1 billion the year after.
Early reports suggest better-than-expected sales in the region. The total capital spending planned for the expansion is close to $2 billion. Target might expand to other similar markets as well if the Canada expansion is successful.
In the fiscal year that ended on Jan. 31, Target Corporation (NYSE:TGT)‘s consolidated revenue increased 4.9% to $73.3 billion. Diluted EPS in 2012 increased 5.6% to $4.52 from $4.28 in the prior year. The gross margin and the EBIT margin were almost constant at 30% and 7%, respectively, over the last three years.
Free cash flow is expected to increase to $3.6 billion in 2015 from $1.1 billion this year due to declining capital expenditures and higher cash flow from operations.
Credit cards contribute a portion of the company’s revenue, and are comprised of finance charges, late fees and third-party merchandise fees. The penetration of the Target credit card and debit card saw an increase of 13.6% in 2012 over last year. The success of credit cards has proven to be very productive for the company in terms of the number of customers it attracted because of the discounts offered.
Target Corporation (NYSE:TGT) recently sold its credit-card division in Canada to Toronto-Dominion Bank for $5.9 billion. This amount is equal to the total receivables outstanding for the company. As per the deal, TD Bank will underwrite, fund and manage risk for all the Target credit-card receivables for the next seven years.
Target, on the other hand, will continue to service its current credit-card customers and will also continue to receive the majority of the profits from all credit-card transactions. Therefore the deal is a positive for Target investors as it has reduced the risk profile of the company and eliminated some operational costs, without affecting profitability.
Wal-Mart Stores, Inc. (NYSE:WMT), founded in 1962, is the largest retailer in the world. To counter Target Corporation (NYSE:TGT)’s expansion plans in Canada, Wal-Mart Stores, Inc. (NYSE:WMT) has announced to spend $450 million to upgrade and expand its store network in Canada this year. This would be in addition to the $750 million Wal-Mart Stores, Inc. (NYSE:WMT) spent last year. The company is targeting to have 388 stores in Canada by the end of January 2014. This might prove to be a threat for Target’s expansion plans.
Its stock has returned more than 60% to its investors since July 2011. It’s currently following an upward trend. Its trailing P/E ratio of 15.5 and forward P/E ratio of approximately 13.3 are lower than the industry average, with the next five years EPS growth forecast of 9.6%. Therefore the stock has enough upside potential to give its investors considerable returns in the long term.
Costco Wholesale Corporation (NASDAQ:COST), founded in 1983, is the fifth-largest retailer and the largest membership warehouse-club chain in the US. In February, the company reported that its revenue rose 8% to reach $24.3 billion. Diluted EPS increased from $0.90 per share last year to $1.24 per share this year.
Costco Wholesale Corporation (NASDAQ:COST) is similarly expanding, and has plans to open 14 more warehouse stores before September. This includes the company’s expansion into international markets such as Japan, South Korea, Taiwan and Australia.
The stock has achieved higher highs and higher lows since March 2009. This suggests that it has been following an upward trend and has given a return of around 60% since then. It is trading with a P/E ratio of approximately 23.6, which is higher than the industry average, with a five-year EPS growth forecast of 10.7%. Therefore, investors might wait for some correction in the stock price before investing in it for long term.
Target Corporation (NYSE:TGT) has announced it will buyback $5 billion of its shares under a stock repurchase program in the next two years. Dividends have been increasing over the past five years and are expected to continue growing. This will ensure that investors get sufficient returns.
The company’s strong fundamental performance has helped it to keep expanding its operations. Its expansion into Canada is now very critical for the company’s future growth, and it’s highly probable that the company will pass this litmus test.
The stock is currently trading at a trailing 12-month P/E ratio of 15, which is lower than not only its major competitors but also than the industry average. Its forward P/E ratio is even lower. With an expected operating income growth of 21.8% and an expected EPS growth rate of 9.1% over the next five years, the stock price currently might not reflect the company’s future growth prospects. Investors might want to hold onto the stock until the price starts reflecting growing sales due to the Canadian expansion.
The article Hold Your Target originally appeared on Fool.com and is written by Shas Dey.
Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


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Epic VP Mark Rein has said that we won't be seeing anything of a Gears of War sequel at E3 next month, responding to yesterday's rumors that a trailer would be shown at Microsoft's pre-E3 event in Santa Monica.
Yesterday a story claiming to have uncovered all of Microsoft's E3 goods swept the internet. In that story was mention of Epic Games showing some form of Gears of War 2 trailer.
Fansite Beyond Unreal got in touch with Epic's Mark Rein who said, "We are not announcing a sequel to Gears of War at E3 this year. Did you see the update we just did for Gears of War last week? We're still working on the first one."
And a fine job you're doing of it too.
June 19, 2007


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Another great step in the history of Singapore has taken place towards budding employment and business opportunities. Servolve has taken the Employer's Pledge for Fair Employment Practices in Singapore and has signed the same on the 12th of April, 2011. The Fair Employment Practices scheme is an endorsement of the 5 key principles of fair employment practices unanimously concluded by the 3 government bodies - Ministry of Manpower (MOM), National Trades Union Congress (NTUC) and Singapore National Employer's Federation (SNEF).
Servolve is now accredited Employment Agency License Company helping various firms to expand and relocate their business in Singapore.
Inner Metamorphosis University at Howard St. Chicago provides such meditation and vocational classes and retreats where a people come to exercise in the form of dancing.
Integrated Web Marketing iWM is the perfect guide, It help you plan your proper web marketing guidance to help you plan out your internet marketing campaign, easier, and much more cost-effective than before. It helps you utilize the full potential of your website in every aspect of promotion over the Internet.
After the launch of the Moti Mahal Delux Tandoori Trail restaurants’ famous 5 variants of “Ready to Eat” packaged foods, Motimahal has decided to make online orders available through their website motimahalreadytoeat.com where one can get food of such caliber by just ordering it online and getting it delivered right at your doorsteps.
Bharat Business is an online portal for all the latest news on Indian market, latest articles, useful information, sports, and current affairs about India’s Business and Culture.
Shanq Web has launched its new online PR agency helping businesses to accomplish international deals and also help building long term partnerships. Shanq Web has also smartened up its Social Marketing services with latest technology and market trends.
Motimahal restaurants is set to cater world class Indian cuisines to people visiting Delhi and people from all over the world during the Commonwealth Games 2010. Motimahal has also launched new Motimahal cookbook to help foreign visitors make Indian food right at the convenience of their homes.
Indian SEO Company KVC India has planned to change its overall design to a more contemporary look to help serve customers better. KVC also designed its new blog to circulate all the latest news and articles in the IT industry and web market for millions of internet users.
KVC info private limited, pioneers in web application development and search engine optimization are selling Turnkey websites and Turnkey solutions. KVC has over 10 years of experience and knowledge in the field of web development and ecommerce. Turnkey business websites are built in a special way, keeping in mind various changing trends. KVC believes solely in delivering quality.


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Isle of Man drinks firm raises finance for further expansion
October 18, 2017
A growing Isle of Man-based drinks business, Roots Beverage Co., has secured a finance package to assist its planned expansion into the UK market this year.
The finance, provided as a loan from the Isle of Man Government Enterprise Development Scheme (EDS), will support management ambitions of doubling monthly sales by the end of 2017 and creating new jobs to grow its workforce.
Founded in January 2015, Roots produces healthy soft drink alternatives, sweetened with honey from its own beehives in the Island. It has become an established brand in the Isle of Man, with a range of popular products including Real Ginger Juice, Proper Lemonade and Cold Brew Coffee. It will shortly launch its latest line, a Manx-made tonic water, as part of its expansion plans.
With distribution in the UK, Roots aims to double its monthly sales by the end of this year, and intends to double its four-strong workforce by 2020.
Founder Jamie Blair said: ‘This funding has given us the platform we needed in order to launch our products in the UK market while also strengthening our Isle of Man presence. In the Isle of Man we have increased our workforce and improved our manufacturing plant to ensure it is ready to be audited for Safe and Local Supplier Approval (SALSA) accreditation.
‘We have employed the services of a digital marketing and media company and a graphic designer, allowing us to produce marketing and branding materials such as a new website, a fully edited, high-quality video about the business, a brochure and a sales presentation pack to present to clients. Importantly, this will help us tell our story about the importance of the honey bee as the business grows.’
Ash Dougal invested in Roots last year to help the business grow. He is an active Angel Investor who has backed a number of local businesses and start-ups..
Ash said: ‘This new funding has also allowed us to set up accounts with UK-based wholesalers, distributors and bottling plants. Without the funding through SPARK, a UK launch would have been unlikely.
‘Chris Walters of SPARK Impact has worked closely with us every step of the way, not only giving us plenty of assistance through the funding stage but also linking us with potential customers and contacts through her network in the UK.’
The market for healthy, natural soft drink alternatives which are low in calories and sugar, is highly competitive, but also extremely valuable. In addition to offering customers natural ingredients and award-winning products, Roots has an additional competitive edge; honey from its own beehives in the Isle of Man is used in production, with the intention to sweeten all its drinks with honey from its own hives once production allows.
Bees in the Island do not carry the Varroa Mite which affects more than half of the worldwide bee population, causing a rapid decline in numbers. Roots is proud to be based in a country where the bees have disease-free status, recognised by the European Union, and is committed to the re-population of the bee species through expanding the number of its own hives and donating 10% of profits to global bee-related projects.
Chris Walters, an Investment Manager at SPARK Impact Limited, which is responsible for managing the EDS, said: ‘The Scheme has enjoyed success in attracting businesses to launch in or relocate to the Isle of Man, bringing new jobs and inward investment. However, the scheme is also open to existing Manx firms to help them grow and develop.
‘The management team at Roots has worked hard over the past two years to create its brand and establish its high-quality products in the local market. It has a clear business plan to expand into the UK, leveraging the unique aspects of its offering to compete.
‘This EDS investment is assisting Roots take that step forward to grow the business. This is not only great news for the company but will help raise the profile of the Isle of Man, especially in the food and drink sector where the Island has so much to offer.’
She added: ‘The potential of the EDS is being realised and talks are at an advanced stage with a number of business across a variety of sectors. We look forward to more Manx firms, like Roots, exploring the opportunities the EDS offers to help them develop and reach their aspirations.’
Offering flexible funding packages, including loan and equity investments, the EDS is open to businesses at all stages, from start-up to expansion and development. The EDS invests up to £1 million in businesses on or relocating to the Isle of Man through a variety of debt and equity investment instruments, and is available across a very broad range of sectors.
The SPARK Isle of Man team, of Investment Director Mark Borzomato, Senior Investment Manager Michael Bakewell and Investment Manager Chris Walters, can be contacted by calling 01624 629741 or emailing firstname.lastname@example.org. For more information about the EDS Accelerator and Relocator programmes visit http://sparkimpact.co.uk/funds.


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We all know exercise can help build a foundation for healthy living. But can it make you younger? According to a new study of senior athletes, exercising can lower your fitness age — a measure of how well your body works. June Soh has more.


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Echo Fox, a premier esports organization and media company, has partnered with premium gaming-optimized furniture brand OPSEAT to make sure each of its players and training facilities are fully outfitted with high-quality gaming gear. OPSEAT will be the official gaming chair partner of Echo Fox.
“All of us at OPSEAT are incredibly honored to have the opportunity to support Echo Fox and all that the brand represents,” said Seth Mattox, co-founder of OPSEAT. “With their success in 2018 across multiple titles and the legacy Rick Fox has brought to the industry, we are proud to support everything Echo Fox stands for in esports, including the dedicated and passionate community they have built over the years.”
Each gaming chair has been designed by the experts at OPSEAT gaming so fans can bring the full esports experience to their very own gaming spaces.
“Our players have long been fans of OPSEAT’s commitment to creating the best gaming and lifestyle gear in the market,” said Jared Jeffries, President of Echo Fox. “When our teams sit down to play, we want to be sure that they’re ready to perform to their highest potential, and OPSEAT helps gives them the ability to do just that.”
For more information on Echo Fox, visit: www.echofox.gg. For more on OPSEAT, head over to: opseat.com.
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(Image) Source: Press release