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Following the launch of its pilot Central Bank Digital Currency (CBDC) earlier this year, the Swedish government said it is exploring the possibility of fully adopting the payment method.
Bloomberg reports that Per Bolund, the country’s financial markets minister said that the review flagged earlier today would be concluded in November 2022.
The ministry has already set up a committee that will oversee the review, with Anna Kinberg Batra, a former chairwoman of the Riksbank’s finance committee chosen to head the group.
Sweden is among the early players globally to consider developing a CBDC. Sweden’s Riksbank, the country’s central bank, announced in February that it had begun testing its CBDC dubbed e-krona.
The trial, which is expected to last for a year, would unravel how the general public can adopt the CBDC in payments, as the bank noted on its website that the process would be “as easy as sending text messages.”
The apex bank had collaborated with consulting firm Accenture to trial e-krona’s usage via an isolated test environment.
Although the project is still running smoothly, the bank said it is yet to decide whether it would issue the CBDC for public use while stating that the decision to launch e-krona officially will be taken at the political level.
It is expected that e-krona will be officially launched when the review is completed because the use of fiats in Sweden has declined significantly, especially during the peak of the coronavirus (COVID-19) pandemic.
Before the pandemic’s peak, several Swedish citizens use a mobile payment application called Swish to make payments instead of cash.
This habit led the Bank of International Settlement (BIS) to rate the country as the world’s most cashless society in 2018.
It has been projected that Swedish retailers will stop accepting fiats in payment come 2023.
With such a projection, the Riksbank is not leaving anything to chance. It hopes to officially launch a digital version of the country’s currency that will play a similar role that the physical cash plays today.
Affiliate: Get a Ledger Nano X device for $119 so hackers won’t steal your crypto.
This article is Originally posted on CoinCentral.com
Author: Lele Jima


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In late 2008, the FDA asked that all products served at restaurants include the calorie count in order for people to be more aware of what they are eating. In addition they banned bake sales in some schools. With the concern of obesity growing, the FDA steps up to make changes as they feel it’s their responsibility in keeping the citizens of America living a healthy life.
The government has constantly been taking an active role in regulating the food served to the American people. They have changed the wording and try to inform the public and let them be aware what they are consuming. When the calorie count aware to the public, people were able to know and choose to eat healthier at restaurants.

domain: news


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When It Happens Panel Get involved: send your photos, videos, news & views by texting 'OXFORD NEWS' to 80360 or email
Wheatley residents warned post could arrive later
7:00pm Saturday 9th March 2013 in News
RESIDENTS in Wheatley are being told their mail could be delivered later than usual due to a change in the way delivery routes are managed.
Fewer letters are now posted every day, but Royal Mail is handling an increasing number of parcels due to online shopping, and will use more delivery vans as a result.
Similar changes took place in Chalgrove in January affecting 1,201 customers. In Wheatley, 2,830 residents will be affected.
Some mail could arrive earlier as a result of the changes.
Royal Mail collection and delivery sector manager Jason Scott said: “The local delivery team and I are fully committed to providing a high quality of service that is as reliable and friendly as customers have come to expect in Wheatley over many years.”
Royal Mail spokesman Mike Norman added: “In due course, these changes to delivery routes will be introduced across Oxfordshire.”
Customers with queries should call 0845 601 1399.


text: A blanket ban on all Brazilian meat products has been revised to limit imports from 21 companies from the South American country. The Centre for Food Safety on Tuesday night said the revised ban came into effect immediately after further information regarding the quality of certification on food hygiene was provided to Hong Kong authorities. A centre spokesman said Brazil had provided the Hong Kong government information that it would “strictly implement” its international certification process to demonstrate the credibility of its system. Regular audits of the system would also be conducted by Brazilian authorities to ensure effective operation. Three more Brazilian meat plants suspended in widening scandal “Once the Brazilian authorities provide further information about the 21 plants, the centre will conduct reassessment and take follow-up actions,” a spokesman said. While 21 companies were still under investigation by the Brazilian authorities for tainted meat, no evidence showed that other companies that exported food products internationally were involved in any illegal operations. Those companies were also authorised to export to other countries, including to the European Union, Singapore and mainland China. Brazilian authorities have also stepped up surveillance on their food manufacturers. The centre said the 66 Brazilian meat samples collected from local imports and retail stores since March 21 were tested for meat deterioration and found to be satisfactory. Recall in Brazil meat scandal amounts to sale ban, Hong Kong traders say The Hong Kong authority will maintain communications with Brazilian authorities and consider follow-up actions in response to further developments, it said. The Hong Kong Food Council welcomed the revised ban. The council believed a relaxed ban could alleviate the tight supply and rising prices of frozen meats, and revive public confidence in Brazilian meat. It also urged the government to notify the trade sector as soon as possible with any further developments. On March 21, the city’s food safety authorities issued a ban on the import of all meat from Brazil. On Friday authorities recalled all frozen and chilled meat and poultry imported from the 21 plants involved. Among the plants, six of them were found to have exported meat to Hong Kong in the past six weeks.


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By the end of this year, AT&T expects to complete a full review of its $3.34 billion advertising budget, which will see the carrier calling on incumbent ad agencies for proposals. The carrier said it is "pleased" with the work of its ad agencies to date.
"This move will consolidate all of AT&T's media planning and buying at one agency and is part of the company's ongoing efforts to maximize efficiencies created, in part, by AT&T's acquisition of BellSouth at the end of last year," AT&T said in a statement.
As we reported earlier this year, BBDO has been serving as the company's lead ad agency after taking over for GSD&M. BBDO was Cingular Wireless' lead ad agency, too. Mediaedge:cia is in charge of AT&T's wireless media planning and buying, while OMD handles the print ad sales for the wireless unit.
For more on the advertising budget:
- read this article from RCR News


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Apple & Google: Twitter Subscription will Fail without us | Why Elon Musk makes the first move?:- Twitter has been in the news for all the wrong and maybe, in your opinion, right reasons following billionaire Elon Musk’s takeover.
But the social media app’s continuous running and survival are highly dependent on two major tech companies; Apple and Google. Shows you why Twitter subscriptions may have a hard time without Apple and Google.
Elon Musk has been very clear when it comes to increasing Twitter’s revenue. If you have been following the news critically, these plans included massive layoffs of about half of Twitter’s employees, including some top executives.
Musk appeared to believe that firing about 50% of the company’s total workforce would slash costs, but he later found out the hard way that it is much easier said than done. Twitter has been in existence for a while now, and that is also because of gatekeepers such as Apple and Google.
Let’s look at the first reason why it is almost impossible to ignore the tech giant’s importance in the whole new takeover. Elon Musk reportedly suggested that twitter’s blue verification marker should be sold at $20.
This has already been taken back, and we expect to see the rollout of the social media’s plans to relaunch its paid subscription services at $8 per month on November 29. The initial rollout, although delayed, has been scheduled for a relaunch as one of the ways to generate revenue for the company.
With a majority of Twitter users accessing the platform via iPhones and Android devices, there is no telling how much effect this will have on commissions and fees.
We will give you more details on that shortly]. [Bright] It certainly doesn’t look bright for Twitter, as analysts have indicated that the major issue the social media space could have with the two tech giant companies will be its approach to content moderation.
If Twitter is unable to get this in order, Apple and Google might step in as gatekeepers. We have seen Apple and Google, for example, remove social networks like ‘Parler’ from their platforms as a result of issues with content moderation.
The social network was restored only when after it followed a series of steps to ensure it was moderating content.
Since the social media company has fired many contractors who worked on policing hate speech, misinformation, and executives who were ensuring that that effort was in place have either quit or have been dismissed.
Following Musk’s desire to increase free speech on the social media app, users witnessed a shocking increase in antisemitic rhetoric, racism, and scams, leading to the impersonation of Lebron James and many others pretending to be Musk himself.
Yoel Roth, former Head of Trust and Safety, wrote in a New York Times Op-ed on Musk, stating, [‘Even as he criticizes the capriciousness of platform policies, he perpetuates the same lack of legitimacy through his impulsive changes and tweet-length pronouncements about Twitter’s rules].
Do you think Musk’s desire for free speech will affect censorship of the social media platform? Let us know your thoughts in the comment section below. Now on to fees. Based on Twitter’s current standing, Apple and Google fees appear to affect Twitter’s revenue significantly.
According to Bloomberg, if 1% of Twitter’s estimated 250 million daily users paid for Twitter Blue through iOS or Android, it would generate approximately $72 million for Apple and $36 million for Google.
Although this yearly revenue might not mean much for tech companies, it will hurt Twitter’s revenue. Elon Musk has long criticized Apple’s fees, calling them a tax on the internet and saying they are ‘10 times higher than they should be.
Apple and Google both stand to benefit from the new Twitter Blue costs if the rollout goes well. If Musk tries to circumvent app fees, it could spell doom for Twitter because, in the past, the tech giants have shown that they are not to be messed around with when it comes to fees.
When Apple removed the Fortnite game Epic from its app store because it was circumventing in-app commissions, it showed that it did not mind parting with a source of revenue that had generated more than $100 million.
War is expected to ensue if Musk decides to offer Twitter Blue subscriptions via the web, bypassing the required fees when users sign up via the iPhone and Android apps.
Twitter could also try to do what Spotify does by taking subscriptions only on its website and not in mobile apps, which would conversely affect Apple and Google].
The app tax is a very complicated side for the social media space as it siphons potential revenue that could give the company the desperate balance it currently needs.
Perhaps, it will be interesting to see Elon Musk manufacture an alternative phone for users as some suggest he should, but what really are the consequences of such actions?
The ground appears shakier for Twitter now, especially as Apple Store head Phil Schiller left Twitter in a potential conflict between his company and Elon Musk’s Twitter. Since 2008, Phil Schiller has been on the app and has amassed 200,000 followers.
He subsequently deactivated his account amid what appears to be a conflict for both parties. Conservative commentator Liz Wheeler has suggested that Elon manufactures an alternative phone for users if the app is taken off Google and Apple app stores.
Musk replied in a tweet, ‘ I certainly hope it does not come to that, but yes, if there is no other choice, I will make an alternative phone.
We can only wait to find out how Twitter would navigate revenue generation amid Apple and Google’s brouhaha. All through, we hope both sides can come to an agreement. There is more on Twitter news as Twitter Board decided to drag Elon Musk to court.
Thanks for reading till the end. Comment what your opinion is about this information:– “Apple & Google: Twitter Subscription will Fail without us | Why Elon Musk makes the first move?”
- Elon Musk Went Public With CHEAP Tesla PI Phone Model! Take A Look
- Elon Musk Just Released Fully Performing Tesla AI Bot! Take A Look
- Elon Musk drops bombshell about Twitter’s censorship of Hunter Biden story. Take A Look
- Elon Musk meets Tim Cook | says ‘misunderstanding’ with Apple is resolved. How?
Information Source:-Elon Musk BuzzNews


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Apple unveiled iPhone X, its first premium-tier phone, at an event in Cupertino, Calif., on Tuesday. Here’s what else the company had to say.
The phone has a newer screen technology known as OLED, a type of display that can be made thinner, lighter and brighter with better color accuracy and contrast than its predecessor, LCD.
The screen on the X has a so-called edge-to-edge display that takes up the entire face by eliminating the borders around the screen. Apple also eliminated the physical home button that has been a signature feature of the iPhone for a decade.
iPhone 8 is also here, as well as its bigger sibling, the iPhone 8 Plus. The models include a glass body and a faster chip.
Apple TV, the company’s set-top box that has never been a blockbuster hit, got an upgrade. The device will now be able to stream so-called 4K resolution, which refers to screens with two times the vertical resolution and twice the horizontal resolution of older high-definition TVs.
Apple took the wraps off a new Apple Watch. Called Apple Watch Series 3, it has cellular capabilities. There’s also a new Watch OS.


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HTC might get the iPhone and iPad banned in the US?
Apple is gearing up to launch the next “not-so-revolutionary” device known as iPhone 5 in the upcoming days, and we know that Apple is not in a good relationship with Samsung and HTC. Well, after all the “lawsuit-games” played by Apple, it’s time for Apple to taste their own medicine.
According to a US judge, Apple may have trouble invalidating two patents held by HTC, related to data transmission. Actually the patents are critical to 4G LTE technology, and it could lead to a ban on the new iPad and the iPhone.
HTC purchased the 4G patents back in 2011, for a big amount of 75 million dollars, however HTC can easily go after Apple for a billion dollars now, if everything works according to the plan. Also the judge told Apple’s lawyer Michael McKeon “I don’t care if they bought these patents to sue you or not. They are a property right “, so someone is in a big trouble.
If the iPhone 5 is launched with LTE connectivity, I am sure they will be facing a big problem from HTC. The war between both giants are on from last two years, and this might be the chance when HTC can take the lead for Android. Let’s sit back, relax, and wait for the iPhone 5.
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Vogue Italia, the magazine known for taking a stand against anorexia and promoting the use of black models in fashion, made another statement this week, putting an Asian woman on its cover for the first time.
Chinese model Fei Fei Sun covers the magazine’s January issue (out worldwide Monday), a celebration of the multicultural, border-free facets of fashion. Editor in chief Franca Sozzani, who works as a Goodwill Ambassador of the United Nations’ Fashion 4 Development Project, chose Sun for the honor.
“In the images, Fei Fei perfectly embodies a timeless idea of an extremely chic, beautiful woman,” Sozzani tells WWD. “In this world, beauty is king and it’s something that brings people together with no national and racial limits.”
Sun has previously modeled in campaigns for brands like Calvin Klein and Diesel, and first hit the runway at London Fashion Week in 2009. She’s starred in editorials for British Vogue, as well.
According to the Daily Mail, French Vogue was the first European magazine to put an Asian model on its cover — Chinese supermodel Du Juan, in 2011. And while both British and American editions of Vogue have featured Asian models in spreads, neither has selected an Asian woman for its cover … yet. Tell us: Are you disappointed at the lack of diversity in the fashion world?


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Portugal Economic Outlook
September 27, 2016Portugal’s economy expanded for the ninth consecutive quarter in Q2, though growth remained tenuous. The economy grew a revised 0.3% in seasonally-adjusted terms over the previous quarter, a tick up from both the previously reported 0.2% and Q1’s expansion. A solid improvement in exports, which revived the weak external sector, and a strong restocking process were the main drivers behind Q2’s acceleration. Portugal is under close observation by the European Commission (EC), since its underperforming economy lacks important investment and insufficient structural reforms could undermine the country’s ability to meet the fiscal targets set by the EC. The Commission is requiring Portugal to implement bold consolidation measures totaling EUR 450 million by 15 October, in order to meet the agreed 2.5% of GDP fiscal deficit for 2016. Otherwise the EC sees that the deficit will increase to 2.7% of GDP.
Portugal Economy Data
5 years of Portugal economic forecasts for more than 30 economic indicators.
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
|Bond Yield||3.20||0.09 %||Oct 20|
|Exchange Rate||1.09||-0.38 %||Oct 20|
|Stock Market||4,737||0.30 %||Oct 20|
Portugal Economic Growth
September 27, 2016The Portuguese economic outlook is weak. Falling investment, low competitiveness and undercapitalized banks will continue to weigh on growth, and the country’s strapped public finances give the government little room for maneuver. Analysts expect GDP to expand 1.0% in 2016, which is down 0.1 percentage points from last month’s forecast. For 2017, they foresee the economy accelerating slightly to 1.2%.
Portugal Economic News
September 30, 2016
Portugal’s industrial production edged up in August after July’s drop.
September 29, 2016
The survey of consumer sentiment produced by the National Statistical Institute showed that the consumer confidence index inched up from minus 12.7 points in August to minus 11.3 points in September.
August 31, 2016
Portugal’s GDP increased a seasonally adjusted 0.3% in Q2 over the previous quarter, according to revised data published by the National Statistics Institute on 31 August.
August 30, 2016
Portugal’s industrial production edged down again in July after June’s rebound.
August 30, 2016
The survey of consumer sentiment produced by the National Statistical Institute showed that the consumer confidence index inched up from minus 13.1 points in July to minus 12.7 points in August.


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PARIS » Since the reign of France’s Sun King, the historic Place Vendtme has served as this city’s capital of luxury, home to high-end fashion boutiques and diamond shops, Coco Chanel’s mansion, and the palatial Httel Ritz Paris. Lately, though, this quarter snug in the heart of Paris has turned into the hub of a decidedly more low-rent form of plunder: smash-and-grab robberies.
Common crime is an indiscreet topic among merchants in the Vendtme quarter of stone streets and graceful arcades. But many are clearly jittery from a wave of daytime robberies – three in the last three weeks – that have targeted ostentatious wealth in an otherwise weak economy, provoking more satire than sympathy.
The culprits have mostly hit jewelry stores, and on Friday the police arrested two men in connection with one of the thefts who were tripped up by DNA left at the scene and by the ubiquitous video surveillance cameras.
The latest break-in, on March 22 by masked robbers armed with a pump-action gun and an ax, struck the city’s temple of hip, Colette. The eclectic three-story shop ordinarily attracts the likes of Kate Moss, Jay Z and Kanye West with its mix of limited-edition clothing, books, dishes, jewelry and a water bar where sparkling water is pricier than wine.
But shortly before the store opened in the morning, two thieves stormed the entrance and barked orders at seven employees, according to the police. The robbers smashed a display case of watches on the first floor, and then fled within minutes on a motorcycle with more than 600,000 euros, or about $822,000, in deluxe watches.
"They didn’t want to steal clothes," said Colette Roussaux, the owner. "They came for the opportunity and the beautiful watches here. And we don’t sell Swatches."
With its high-fashion profile, the Colette caper quickly provoked black humor about the low concept of fashion crime. A satirical French television show, "Le Petit Journal," re-enacted the robbery with air-kissing thieves in mustaches. Leafing through their wardrobe, they bickered over mix-and-match accessories. What to wear to a heist? Louis Vuitton gloves? A Jacquemus ax?
In one frantic day, a group of ambitious students created a website selling T-shirts emblazoned with "I Robbed Colette." Twitter users scoffed, too, remarking that 600,000 euros at the pricey store equaled two white T-shirts and a pair of shoes.
But it was no laughing matter in the Vendtme quarter, where many store employees and the local merchant group, the Vendtme committee, said they preferred not to comment.
Since the latest robbery, the police have stepped up their presence in the commercial area, increasing foot patrols, said Xavier Castaing, a police spokesman. Castaing said robberies in Paris were down overall, a trend led by banks that have reduced their cash on hand and adopted new security measures. Now, he added, the police are working with merchants to improve security in the Vendtme district, which is already covered by extensive surveillance cameras that have helped crack earlier robberies.
In the Friday arrests, that was the case again. The police said that both men, ages 56 and 63, had extensive criminal records, and that one had recently been released after serving time in prison for jewelry store robberies in 2005 and 2009. In one instance, he sported a Borsalino hat; in the recent robbery, the police said, the look was more classic: a mask and a handgun.
Typically, the private security men in suits who are now ubiquitous outside the jewelry stores are forbidden to bear arms. But in the south of France, some owners of small jewelry stores have shot and killed fleeing robbers, provoking soul-searching debates about how to prosecute them.
Among the more exotic security alternatives under discussion is a special powder or fluid that is invisible to the eye and can be sprayed on valuable items. If a thief touches a sprayed object, the fluid leaves a DNA trace that can be read over a period of six weeks with an ultraviolet light. But the approach still has not been accepted as legal evidence.
Jacques Morel, a security adviser to the French association of jewelers, said that stolen jewelry lost 80 percent of its value when resold, but that there was a thriving trade between wealthy buyers from Eastern Europe and thieves from that region. The number of attacks on jewelers fell last year, he added, but what has changed is the audacity of foreign thieves coming to Paris, who create high drama by barging in and out in three minutes.
"They are using new techniques of smash and grab, using weapons to smash glass," he said, adding that the thieves sometimes strike in large numbers. "Passive security doesn’t work effectively, so there is reflection now among law enforcement about how to improve."
In October, about 15 men demonstrated such brute force, attacking the jewelry store Vacheron Constantin, near the Place Vendtme, with axes. They snatched 20 watches and streamed away on foot, an odd scene that a witness captured in a shaky video.
Some suspects, who were Romanian, were captured by the police on the same day. Others were picked up a few months later in a second heist turned slapstick.
In January, eight men from Romania were arrested on the Champs-Ilysies after they attacked a door of a jewelry store with sledgehammers and axes. In a form of poetic street justice, they were trapped in a space as they tried unsuccessfully to force their way through a second door.
In such cases, it is difficult to resist the comic possibilities of crime. After Colette was robbed, a group of university students of technology, business and marketing decided to exploit the headlines.
David, 20, who declined to disclose his last name to "remain discreet," dreamed up the "I Robbed Colette" T-shirts with four friends. They sold about 1,000 over two days and then closed up shop. Spring exams beckoned.
"We did it to be creative and funny and to have a good time doing it," David said. "Colette is so expensive. Every time we run past it, we see those Chanel backpacks for about 2,500 euros. That was the aim of the project – to react to people wanting to buy so much stuff there. It’s so expensive."
In contrast to Colette’s 135-euro ($185) designer Kenzo T-shirts – "No Fish. No Nothing" – the student collection was itself a steal: 25 euros, or about $34.
Doreen Carvajal, New York Times


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Ford has removed diesel engine options for the Kuga midsize SUV, saying demand has shifted to gasoline and hybrid powertrains.
The Kuga is the second Ford model to lose its diesel engine in recent years, following the discontinuation of the diesel Fiesta in 2020.
It was previously available with a choice of 1.5- or 2.0-liter Ecoblue diesel engines, producing up to 187 hp. The Kuga now instead offers full hybrid and plug-in options alongside Ford’s 1.5-liter Ecoboost gasoline engine.
âGasoline, the full hybrid and the gasoline plug-in are the future and where the demand is,â a Ford spokesperson told Autocar. “The move simplifies Kuga’s powertrain lineup to help customers understand and navigate the growing electrified engine options. “
Only 10% of Kuga’s sales were diesel, while hybrid and gasoline options are increasingly popular choices.
The change means the only Ford passenger car to retain a diesel engine is the Focus, while the Fiesta, Ecosport, Puma, Kuga, Mondeo, S-Max and Galaxy use gasoline or hybrid powertrains.
Other manufacturers have also withdrawn diesel options from sale. The Seat-focused diesel variants of the Ibiza and Arona come in 2020, and Volvo pulled the diesel XC40 and S90.
Diesel models have fallen out of favor with UK buyers as only 5.1% of car registrations in November 2021 were oil burners, while electrified purchases continue to rise. Diesel models held a 50% market share until 2014.
Registrations of plug-in hybrids (PHEVs) increased to 39.7% year-on-year, while battery-electric models (BEVs) saw an increase of 110%.


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Compaq to Buy Stake in Silicon Graphics
By ANDREW POLLACK, Special to The New York Times
Published: April 4, 1991
SAN FRANCISCO, April 3— The Compaq Computer Corporation will invest $185 million in Silicon Graphics Inc. as part of a strategic alliance that could upset the balance of power in the computer industry.
Under the terms of the agreement announced today, Compaq will pay $135 million in cash for a 13 percent stake in Silicon Graphics, a maker of powerful work stations used to display sophisticated images.
Compaq, which is based in Houston, will also give Silicon Graphics $50 million over three years to allow the company to accelerate its research and development. The two companies will also work together on future product development. A Challenge to Competitors
The alliance, which was expected, will pave the way for Compaq, a leading personal computer manufacturer, to move into the market for more powerful desktop work stations, challenging companies like Sun Microsystems Inc. For Silicon Graphics, which is based in Mountain View, Calif., the alliance will mean a broader market for the company's technology, which allows three-dimensional images to be rotated on a screen and viewed from different angles.
The agreement is also tied to a broader alliance, which is expected to be formally announced next week, by Compaq, the Digital Equipment Corporation and other companies. That alliance will seek to define a new standard for computers based on a powerful microprocessor developed by MIPS Computer Systems of Sunnyvale, Calif., that uses technology known as reduced instruction set computing or RISC.
Such a standard could challenge the existing desktop computing standards based on I.B.M., Apple and Sun systems.
Compaq, which had 1990 revenues of $3.6 billion, says the personal computers it makes are increasingly having to compete against more powerful work stations using RISC microprocessors. Licensing Pact With Microsoft
Silicon Graphics, whose work stations already use the MIPS microprocessor, will help Compaq design such machines. In addition, Silicon Graphics' technology is expected to be part of the new standard. On Tuesday, the company said it would license its graphics software to the Microsoft Corporation, which is expected to supply basic software for the new computers.
"A lot of the things do tie together," Rod Canion, Compaq's president and chief executive, said in an interview.
Edward R. McCracken, chief executive of Silicon Graphics, said the agreement with Compaq "really takes care of our financing needs for the next two years, maybe three."
He said the first products resulting from the development agreement of the two companies were not expected for about 12 to 18 months. Some products might be sold by both companies and some by only one, executives said. New Preferred Shares
Compaq will buy newly issued preferred shares that will be convertible into 2.7 million shares of Silicon Graphics common stock at $50 a share. Compaq's stake will be diluted to 10 percent as Silicon Graphics issues new stock in the future, and Compaq will be restricted from increasing its stake beyond that level, Mr. McCracken said.
Silicon Graphics shares, traded on the New York Stock Exchange, fell $4.50 today, to $38. Compaq shares, also traded on the New York Exchange, rose $1.375, to $64.375.
Silicon Graphics also announced today that its earnings for its third fiscal quarter, which ended March 31, would be significantly lower than a year earlier. Mr. McCracken said the company expected to earn 5 cents to 20 cents a share, compared with 45 cents a year earlier. Analysts had expected earnings of about 50 cents.
Revenues are expected to be about $135 million, well above the $110 million of a year earlier, but about even with the $136 million in the second fiscal quarter.


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Ford is coming out with some interesting ideas with their next line of cars. Basically they are systems which will allow parents to monitor all sorts of activities of their teen drivers. The idea being that governors on speeds or knowledge that someone may be watching might save teen lives.
Called MyKey, parents will be able to program an audio system’s volume, and to sound continuous alerts if the driver doesn’t wear a seat belt. “Our message to parents is, hey, we are providing you some conditions to give your new drivers that may allow you to feel a little more comfortable in giving them the car more often,” said Jim Buczkowski, Ford’s director of electronic and electrical systems engineering.
MyKey will be standard on some 2010 cars and trucks comeing out late next summer, and spread to the entire Ford, Lincoln and Mercury lineup as models are updated. Options include:
MyKeyTM, another innovation from the company that introduced SYNC®, allows parents to limit speed and audio volume to encourage teens to drive safer and improve fuel efficiency
Harris Interactive Survey shows that many parents would allow teens to drive more often if their vehicle was equipped with MyKey – helping young drivers build road safety experience
MyKey will debut as a standard feature this summer on the 2010 Ford Focus and will quickly be offered on many other Ford, Lincoln and Mercury models
I was very interested in a teen’s look at these changes. I found this article , which not only covered the ways it might have prevented his driving problem, but also others’ options out there.
I love to see when a company like Ford comes up with these kind of life saving ideas. I hope it’s used and finds great success.
My only question is if Dad will turn it off when he’s driving?
A founding partner with Bradshaw & Bryant, Mike Bryant has always fought to find justice for his clients—knowing that legal troubles, both personal injury and criminal, can be devastating for a family. Voted a Top 40 Personal Injury "Super Lawyer" multiple years, Mr. Bryant has also been voted one of the Top 100 Minnesota "Super Lawyers" four times.


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The Google Glass team says it's teaming up with the world's biggest maker of stylish specs to improve the device's design and distribution capability.
Apple has banished Blu-ray from the MacBook and iMac because, it says, discs are "holding us back".
"The dollar bill market has been extremely susceptible to forgers, tax fraud, criminal cartels, and armed robbers stealing millions of dollars from their legitimate owners," Rep. Jared Polis writes to federal regulators.
Uber's Asian expansion hit a snag in South Korea as Seoul's city government claims the service is illegal under current laws.
The UK's Department for Transport says passengers on some journeys will have to prove their devices are powered up "or face not being allowed to bring the device onto the aircraft."
The Transportation Security Administration says that security has been stepped up on certain flights into the US. This includes asking passengers to power up their devices.
Park rangers say unmanned aerial vehicles have disturbed wildlife across the country's public lands and waterways, including the bighorn sheep of Zion, seals in Monterey Bay, and peregrine falcons in Yosemite.
The Philips HTB3525B packs Blu-ray, Smart TV, and Bluetooth into an affordable sound bar, making it a great choice if you're looking for an all-in-one system.
After Brazilian star Neymar is seen donning a pair of colorful Beats headphones, soccer's governing body makes it clear that Sony is the games' official sponsor.
In attempt to keep Net open to all, bill would require FCC to adopt rule that prevents formation of so-called "Internet fast lane."


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Small entrepreneurs and vendors are slowly returning to their stalls at San Fernando City’s newly-rehabilitated public market, now rebranded as the “City Market Plaza,” according to officials.
San Fernando City City Mayor Vilma Caluag led the inspection of the market stalls last week, from September 12 to 15.
She was joined by City Administrator Nelson Lingat, City Market Operations Division head Mila Rivera, CMOD Focal person Roy Pasumbal, and City Focal Person for Engineering, Building and Public Works Architect John Chu.
Clearing operations were conducted in the market from September 16 to 17 before its soft opening on September 18.
On September 9, Caluag held a dialogue with vendors who will occupy the stalls of the rehabilitated P250 million City Market Plaza.
The mayor spoke about the guidelines for the four-day ingress and preparations for the soft opening of the market, vowing that it would be flood-free and business-friendly.


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According to Vogue UK, Manson was chosen by creative director Hedi Slimane to front Saint Laurent Paris‘ pre-fall menswear line for 2013. Vogue is also reporting that this morning Manson’s label confirmed the image (seen above) was in fact shot by Slimane himself—an established fashion photographer.
Saint Laurent—formerly known as Yves Saint Laurent & the appropriately abbreviated YSL—was founded by fashion designer Yves Saint-Laurent, who unfortunately died of brain cancer in 2008. Slimane now heads as creative director after last year’s company revamp.
For Saint Laurent’s new campaign, the “Beautiful People” rock singer goes for his usual all-black-everything steez, but his face is what says it all—and in the process makes the look really stand out. This should definitely be an interesting collaboration.
Check back for Lookbook images from the full collection, but peep the video below to hear one of the most talked about singles of Manson’s career:
Marilyn Manson – “The Dope Show”:


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LOUIS BURKE | Culture | CONTACT
As quiet quitting continues to permeate the workplace there are still those who are serving up a side of the loud stuff.
After dealing with a pandemics’ worth of stock and staff shortage, supermarket worker Meagan Barrett (28) has finally decided to move onto something else.
Barrett has marked her final shift with a spudtastic celebration with a record number of potatoes being purchased before she clocked out for good.
Over the ten years Barrett has worked at the popular supermarket chain, she has seen no less than 20 of her coworkers be replaced by self-service checkouts.
While adored by introverts due to a lack of chit chat, self-service checkouts have allowed entrepreneurial shoppers to make massive savings by scanning every item as a potato and paying for it based on weight.
Previously, Barrett has called out the thrifty shoppers who have tried this cost saving technique but on her final shift she has evidently not given a single shit.
“Did you put that through as a washed potato?” Barrett asked one group of uni students.
“Put them through as unwashed, it’s a dollar cheaper per kilo.”


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Oil prices have staged a rapid recovery since the biggest crisis to strike the energy industry in decades.
The Organization of the Petroleum Exporting Countries and its allies stepped in last spring to backstop the market by slashing production in the teeth of a collapse in crude prices. This week, the cartel is expected to reach a deal on unwinding some of those cuts.
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Timothée Chalamet and Kylie Jenner caused a stir at the 2024 Golden Globes with their kisses and next-level PDA. Chalamet and Jenner strutted hand in hand as they took their seats at The Beverly Hilton in Los Angeles for the star-studded awards ceremony. Chalamet and Jenner wore stylish matching outfits.
Jenner donned a stunning backless black dress embellished with intricate gold details. Meanwhile, Chalamet rocked a sleek black monochromatic ensemble. She was wearing well-fitting pants, a crisp button-down shirt, and a dazzling polka-dot jacket.
In a blink-of-an-eye moment you’ll miss it shared on social media by Entertainment tonightThe pair shared a cheeky kiss, as Jenner mischievously ran her hand up Chalamet’s soft, shiny suit jacket.
Love is definitely in the air! Or is that it? Some X (formerly Twitter) users were skeptical about the fidelity of Kylie Jenner and the affections of Timothée Chalamet at the Golden Globes. “How much did they pay you to accept this?”, a user disputed. “Kylie needs a #Golden Globe for this performance,” another joked. “This deserves a Razzle,” agreed one X user. “Very bad acting. The first kiss”?”
Finally, a Golden Globes viewer pointed out the elephant in the room with the alleged kiss shared by Timothée Chalamet and Kylie Jenner. “Their mouths didn’t even touch…” they noted.
Kylie Jenner and Timothée Chalamet’s PDA at the Golden Globes was welcomed by some fans
However, many fans must have reasoned that Jenner simply didn’t want to ruin her makeup with the Wonka The loving kisses of the star. “I think they are cute together…” swooned one X user. “I love seeing her more natural. Good for her,” another fan wrote.
Chalamet received a nomination at Sunday’s awards ceremony for his portrayal of young Willy Wonka, a beloved character from the works of Roald Dahl. However, she was unable to claim victory, as Paul Giamatti took home the award for his performance in The remains.
He Dune The star and Jenner were initially romantically involved in April 2023. However, they made their public debut as a couple when they were reportedly seen kissing on Beyoncé’s Renaissance World Tour in early September.
Chalamet and Jenner have been seen together publicly on several occasions since September. They attended a New York Fashion Week dinner, enjoyed a trip to the 2023 US Open, and even celebrated at a Saturday Night Live after-party following Chalamet’s hosting gig in November.
In the past, Chalamet played his mother’s faithful companion at countless award shows. But trade her for another important person? Looks like someone is leveling up towards a serious relationship…


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Laboratorios ADPEN tiene un fuerte compromiso para proteger nuestro medio ambiente y la salud pública. Trabajamos diligentemente con la industria de agroquímicos en su esfuerzo para asegurar la … Learn More!
The Bulk Pharmaceuticals Task Force (BPTF), an affiliate of the Society of Chemical Manufacturers and Affiliates (SOCMA), issued its support for the introduction of a House bill, the Generic Drug and Biosimilar User Fee Act (HR 3988), which SOCMA says will help to achieve parity between foreign and domestic firms. In its statement, SOCMA said […]
Dietary supplements are subject to a wide array of federal government regulations in the U.S., according to a new report published by the non-profit American Botanical Council (ABC), Austin, TX. The article notes numerous authorities to regulate dietary supplements that are granted to FDA and FTC, as well as other government agencies. The article, titled […]
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Pinterest's motto is that "no matter what you're interested in, there's a place for it here," but Austin Phillips has found this to be problematic for creative professionals using the service who want to find very specific content.
"I started talking with a lot of other designers and creators, asking 'Do you use Pinterest? Do you like it? And the overwhelming response was that they use it, but don't like it because it's too cluttered," Phillips told Mashable. "If you want to find design, photography or videos, you have to sift through recipes and other stuff you're not interested in."
With that in mind, Phillips and his wife Natalia decided to create a new social bookmarking site in their spare time geared specifically towards professionals who focus on "the visual side of creativity," like designers, photographers and illustrators. The end result was The Matboard, a website that launched publicly earlier this week after several months in beta.
The Matboard's mission is to inspire creative professionals with collections of ads, magazine designs, illustrations, infographics and more curated by a community of like-minded users. There are more than 2,000 items currently posted to the site, though a little more than half of those were selected and uploaded by Phillips and his wife. Like Pinterest, these visuals are presented in tiles, or "boards," organized into various categories and the site offers social integration with Facebook and Twitter. But the team has also made a conscious effort to move away from some of Pinterest's design elements, including foregoing having comments show up on top of each picture to reduce clutter.
"I didn't want it to be another Pinterest, that was never the intention," Austin says. In fact, he says he originally had the idea for the site four years ago (before Pinterest launched) while studying graphic design in college, but he ultimately decided to "put it on the backburner" for awhile. A few years later, Austin, a designer, and Natalia, who works in marketing, partnered with a programmer and bootstrapped development of the site.
In addition to serving as a source of inspiration, Austin says The Matboard will help creative professionals build and share visual portfolios of their work, similar to Behance. Going forward, he says the service will start to fine-tune what users see based on the styles of work that they typically browse through to ensure that they only see things that are relevant to them.
Images courtesy of The Matboard


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Bharti Airtel gets more aggressive with new product launches: FiND media study
Telecom operator Bharti Airtel has accelerated the pace of new product launches in the past 3-months to fight competition from rivals like Reliance Jio, Vodafone, and Idea.
FiND media coverage study showed that Bharti Airtel topped the product launch related news flow among major telecos consistently for the past 3-months. Moreover, the product launch related news updates from India’s largest telecom operator for the current quarter touched the highest level in the past 4-quarters.
[Image 1: Monthly product launch news volume for the leading telecos]
Our analysis showed that Bharti Airtel has ramped up new product launches significantly following the launched of postpaid plan by Reliance Jio on May 10. India’s largest telecom operator has launched new prepaid plans; various data and unlimited calling offers; affordable 4G smartphones; and Apple Watch 3 LTE during the past month. As a result, Bharti Airtel’s product launch news volume touched a multi-year high in May 2018.
[Image 2: Daily product launch news volume for Bharti Airtel and Reliance Jio] Read the rest of this entry »
Reliance Jio’s Media Share of Voice Falls in Oct’17
Reliance Jio, India’s fourth largest telecom company, witnessed a drop in the share of voice for both mainstream and social media in October 2017 when compared with previous month.
The share of voice for mainstream media stood at 15.6% in October, down from 22.6% in the previous month. At the same time, the share of voice for social media (Twitter) dropped to 14.1% in October from 21.1% in the last month (Image 1).
Bharti Airtel Tops Media Share of Voice; News Sentiment at 1-Year High
Bharti Airtel dominated media coverage among the leading telecom companies in the past 30-days, while news sentiment soared to the highest level in the past 12-months.
Media share of voice for the India’s largest telecom operator stood at 43%, followed by Reliance Communications (26.4%) and Vodafone India (22%) [Image 1].
Bharti Airtel and Vodafone India have recorded a surge in sentiment score over the past 2-months helped by positive media coverage. On the other hand, news sentiment for Reliance Communications remained in negative territory during the same period [Image 2].


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The John Lewis Partnership today set out an ambitious path to turn the struggling department stores and supermarkets business around and make annual profits of £400 million in five years.
The project, led by chairman Sharon White and strategy chief Nina Bhatia, includes finding £300 million of savings and investing £1 billion into improving its online business. Profits last year were £123 million and this year the group expects barely to make breakeven due to Covid-19 lockdowns.
Part of the plan includes replacing the “Never Knowingly Undersold” price promise next year.
Bhatia said: “We’ve shown during the pandemic how quickly we can adapt and make things happen. We showed that when we tripled Waitrose online capacity in just six months.” The company is planning to push into new areas such as teaming up with property companies to build affordable rental flats around stores where it has the freehold and then furnishing them with John Lewis homewares.
Renting furniture and financial services are other areas White and Bhatia are looking to expand. Bhatia said: “Profit margins in these new areas are more significant [than in retail]. We want to change the margin structure of the business over the long ter
Cost-cutting would include far more efficient buying from suppliers who sell John Lewis and Waitrose £10 billion of goods a year. More crossover in sales between Waitrose and John Lewis will also generate more sales.
White has shut eight stores and closed an HQ office in London’s Victoria. Job losses so far this year total 1350. No more store closures are planned. Staff — known as partners in John Lewis-speak — have been told they are not getting a bonus until profits reach £150 million and its debt ratio falls below four times that. Last year the debt ratio was 3.9 times. On today’s new targets, the group aims for profits of £200 million in two years.
As Tesco and others come under pressure to pull out of banking, Bhatia and White are going in the other direction, investing £100 million to quadruple John Lewis’s financial services arm.
Bhatia cited savings products and investments such as junior ISAs. “Products that help families manage their finances is our real heartland.”
Greg Lawless, analyst at Shore Capital, said: “It sounds promising but a lot of it you wonder why they haven’t done it earlier.”


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30 September 2021 | Geschäft
Iipumbu urges support for local businesses
The Buy Local, Grow Namibia campaign aims to assist Namibian businesses in understanding various standards and requirements in order to shelve their products in local retail shops.
Some of the challenges relate to quality standards, access to finance and distributions challenges. Lucia Iipumbu, Minister of Industrialisation and Trade
Iipumbu made these remarks on Monday during the presentation of the activities for the second phase of the Buy Local, Grow Namibia campaign in the capital.
The platform was a continuation of activities that began with the launch of the second phase of the campaign, which was held in Rundu, Kavango East, in May this year.
The campaign, according to the minister, aims to assist Namibian businesses in understanding various standards and requirements in order to shelve their products in local retail shops while promoting their products and services, as well as encourage Namibians to support their community by purchasing locally.
“We have all witnessed the devastation caused by the pandemic, both personally and to our businesses, which has resulted in a decline in our economic activities as well as loss of income and jobs. Let us therefore take pride in supporting our local businesses, including our MSMEs, who have faced challenges in accessing markets for their products over the years,” she said.
She stated that the reality on the ground is that foreign imports dominate the local market and that local producers, manufacturers and entrepreneurs find it difficult to access retail shelf space for a variety of reasons.
“Some we are attempting to address through these initiatives, and some of the challenges relate to quality standards, access to finance and distributions challenges,” Iipumbu added.
Through a multi-stakeholder partnership, the Ministry of Industrialisation and Trade will continue to advocate for Growth at Home, with a specific focus on promoting consumption of what is produced and finding market space for local produce, she promised.
Sen Pang, the UN Resident Coordinator in Namibia, said that as the world faces the unprecedented threat of Covid-19 which has disrupted billions of lives, upended the global economy, and is the greatest global security threat in the world today, Namibians must fully leverage their collaborative advantage to deliver solutions to help the economy recover and achieve Vision 2030.
“This campaign directly supports a more sustainable and equitable economic recovery while adhering to the Sustainable Development Goals (SDGs). This is what the decade of action is all about: mobilising everyone, everywhere, to make a small change to help achieve Vision 2030,” he highlighted.


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A 2015 AmCham China White Paper says that more than 30 percent of the organization's member companies have no investment expansion planned this year. That is the highest rate since the recession of 2009. And more companies than ever have moved or are planning to move capacity outside of China.
中国美国商会（American Chamber of Commerce in China）主席吉莫曼先生（James Zimmerman）在接受21世纪经济报道专访时表示，“美国投资者和企业对中国进一步开放服务业充满期盼。美国的经验表明，服务行业的发展有助于带动创新型经济的发展，同时创新型经济又提供了大量的高知识背景的就业机会。”
China Daily posted an Op-Ed written by James Zimmerman, Chairman of AmCham China.
James Zimmerman, chairman of the American Chamber of Commerce in China, said the business community was concerned that China was closing doors for foreign investment and slowing down economic reform.


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About the author
Inditex plans to close up to 1200 smaller stores globally as it invests more than €2.7 billion in expanding its online capacity and large-format stores.
The planned US$16.2 billion Tiffany takeover by luxury-goods group LVMH appears in doubt, with the Parisian luxury-goods group looking at ways to renegotiate the price.
As fast fashion label H&M expands in Asia, the Swedish company is tapping local models and creative partners to up its appeal.
L Brands confirms the deal with private-equity company Sycamore Partners was cancelled and it now plans to spin the business off.
The department store retailer is hoping to appeal to both in-store and online shoppers.
British luxury fashion label lifts full year forecast.
K11 Musea in Hong Kong is possibly the most ambitious retail project of modern day Asia, a temple of art and retail built for millennials.
Hong Kong street-front rents plunges by 54 per cent.
Discount grocer opens three new stores in Shanghai.
Mobile communication is about to experience its greatest revolution since the smartphone.
Fashion retailer hails the success of new creative director Riccardo Tisci as its June quarter same-store sales grew.
Luxury fashion retailer buys cornerstone share in Stella McCartney House.
The new Lush Tokyo store is the beauty brand’s largest yet in Asia, a three-storey, 1240sqm flagship.
Italian luxury fashion label to cull its wholesale distributor list to take more direct control of pricing.
Global fashion brand begins process of revitalising business for a new age.
Swedish furniture retailer to launch furniture rental service.
JAB Holding pledges to pay US$11.3m to charity.
Victoria’s Secret parent company share price falls 8 per cent after releasing disappointing results.
World’s largest luxury retailer reports record revenue of €46.8 billion.
Turnover in the Chinese retail industry will eclipse that of the US later this year, according to analyses.
Hundreds of retailers closed their stores in the first lockdown in April. But far fewer have decided to shut their… https://t.co/4A5JMfYfL44 hours ago
A progressive think tank is worried the government will look to offset its recent spending on the response to Covid… https://t.co/8Tf744DbcD2 days ago


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If There Were No Turkeys For Thanksgiving What Would You Cook?
What's the worst thing that could happen for Thanksgiving? A turkey shortage?
Butterball has announced a fresh turkey shortage on turkeys weighing more than 16 pounds. The company says it's due to a decline in weight gains on some of the farms, causing a limited availability of fresh large turkeys.
This got me thinking, what would I cook if there were no turkeys? Probably ham or prime rib.


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EMT Announces New Owner
EMT, Indianapolis, has announced that former director of operations Phil Saks has finalized purchase of the company from the estate of the company’s founder, Steve Weinstein.
Saks had served as EMT’s director of operations for 16 years before being named CEO in 2014. Weinstein passed away in May.
“I’m excited to finalize this deal, just two weeks shy of my 20th anniversary with EMT," said Saks. "Steve and I had worked diligently to transition ownership of the company over many years. He was my mentor, and a larger-than-life force in our industry. I’m honored to carry on his more than 40-year legacy.”
Saks will immediately assume the role of president of EMT.
For more information, visit www.emteasy.com.
The preceding press release was provided by a company unaffiliated with Print+Promo. The views expressed within do not directly reflect the thoughts or opinions of the staff of Print+Promo.


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The news of new projectors continues to flow out of CEDIA Expo 2007. the latest company to announce a new projector is Epson with their PowerLite Pro Cinema 1080 UB. This projector uses the new 3LCD chip technology using the new D7 chip set with C2Fine.
Don't Miss: The best Deal on a new Samsung Galaxy S8
Epson says the new C2Fine inorganic substrate used allows the projector to produce deep black levels to deliver better picture quality. Naturally the projector does full HD 1080p and it features two HDMI 1.3 inputs.
The projector uses lens shift technology for more installation options and it ships with a spare lamp and a ceiling mount. Epson hasn’t released specific pricing yet, but promises to deliver the projector in the sub-$5000 price range.
Image via Electronista


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World number five wine producer Argentina is turning to high-end products to save plummeting exports of its cheaper brands.
Tequila Avion is offering tequila and spirits connoisseurs an opportunity to purchase a one-of-a-kind “World’s Most Expensive Tasting Flight,”
China now has the second-largest wine-growing area in the world after Spain, pushing France into third place.
To mark its 300th anniversary, Martell has chosen Diane Kruger who honed her skills in France as its latest ambassador.
Rum maker Bacardi has created what’s being called the world’s first spirit distilled from green tea leaves.
LOUIS XIII, one of the world’s most luxurious cognac brands, has launched its Instagram account @LOUISXIIICOGNAC.


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After being missing for eight years, Hot Dog Charlie’s has returned to the area with a ribbon cutting this past Thursday.
Hot Dog Charlie’s opened up at its new location on the corner of 5th Ave and 112th Street in Lansingburgh. The store had its soft opening on May 6th, according to the Troy Record, and is only blocks from the original location that was destroyed by a fire in July 2009.
Third-generation owner Chuck Fentekes is happy to finally bring Hot Dog Charlie’s to its roots. First opened in 1922 in Downtown Troy, this will be the largest of the four locations. It will have its own parking lot, a patio as well as indoor seating. They announced that all of your favorite menu items will be found including their mini dogs and chili sauce. To take a look at their menu, see their hours as well as their other locations, take a look at their website.


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Pay with eGLD for your tickets to BRAND MINDS 2022
BRAND MINDS — The Global Thinkers Business Summit is introducing crypto payments via ELROND eGOLD token
We are excited to announce that we have officially launched the crypto payments infrastructure at BRAND MINDS. Business professionals from all around the world can now purchase their event access for The Global Thinkers Business Summit using Elrond eGLD tokens.
Avi Cicirean, Founder BRAND MINDS
For its 2022 edition, BRAND MINDS is bringing on the same stage phenomenal business experts & bestselling authors, renowned on a global scale:
- GARY VAYNERCHUK — CEO VaynerMedia — Investor & Entrepreneur
- JORDAN B. PETERSON — World Famous Psychologist & Bestselling Author
- JONAH BERGER — Consumer Behavior Expert
- WHITNEY JOHNSON — Team Performance Expert
- DANIEL PINK — #NY Times Bestselling Author & Sales Expert
- ANGELA OGUNTALA — Futurist & Innovation Expert
The decision to integrate crypto payments in collaboration with Elrond followed naturally thanks to the company’s focus on supporting innovation.
Elrond is a global company developing blockchain technology. The company’s market capitalization exceeds USD 5.5 billion after its token price (eGLD) almost doubled in the last weeks.
BRAND MINDS and Elrond are on their second collaboration, the first one being marked in 2020, when Elrond’s CEO, Beniamin Mincu, joined the conference as a speaker for the event.
How can you buy tickets with EGLD?
You can buy BRAND MINDS 2022 tickets with EGLD by following the below steps:
- Access www.brandminds.ro
- Select BUY TICKETS
- Choose the secure payment with EGLD option at checkout:


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TWCF NGO launches ‘Cloth Donation’ drive on the occasion of 75th Independence Day celebration in Ambala
Ambala (Haryana) [India], August 17: Together We Can Foundation (TWCF), a non-governmental organisation (NGO) that works in the fields of food safety awareness, organ donation, employment generation, women and children welfare, has announced a ‘Cloth Donation’ drive in Ambala city to celebrate the Azadi Ka Amrit Mahotsav on the occasion of the 75th Independence Day celebration.
TWCF is also participating in the ‘Har Ghar Tiranga’ campaign, distributing the National Tri-Color and sweets to over 200 people from August 13 to August 15.
TWCF was founded in 2019 by Punam Gupta and is registered under Section 8 of the Companies Act, 2013. The NGO has evolved into one of the leading organisations working for human welfare in Ambala.
The NGO has been specially invited by the II Corps of the Indian Army, known as Kharga Corps, based in Ambala, to attend the ‘Helping Hand’ initiative on August 23. TWCF is the first NGO from Ambala to take part in Kharga Corps’ Helping Hand initiative in Ambala.
TWCF did an admirable job of assisting the needy and poor during the coronavirus-induced lockdown in Ambala. The NGO assisted hundreds of people in finding work and provided masks, sanitisers, and hand gloves to doctors, nurses, and healthcare workers.
Punam Gupta, the founder of TWCF, said, “Our main objective is Food Safety Awareness and training. Till now, we have trained more than 5,000 people from across Haryana, Punjab, and Himachal Pradesh on food safety”. “We also run awareness programmes on organ donation where more than 150 people in Ambala have pledged to donate their organs.”
Gupta informed that TWCF has been registered under section 12AA and approved under Section 80G (5) of the Income Tax Act, 1961 and listed in the NITI Aayog and CSR.
If you have any objection to this press release content, kindly contact firstname.lastname@example.org to notify us. We will respond and rectify the situation in the next 24 hours.
Meet Ganesh Godase: The Visionary Entrepreneur Revolutionising the Digital Transformation Landscape
New Delhi (India), May 31: In the bustling, vibrant city of Pune, Maharashtra, one name rings louder than most in the...
Furniture Hardware and Accessories by Hafele
Kraby Friction Lift up System by Hafele New Delhi (India), May 30: Cabinets and furniture units are essentially carcasses given...
Sonal Patel is a finalist of Haut Monde Mrs India worldwide 2023 Season 12
New Delhi (India), May 31: Sonal Patel, originally from Gujarat, India, where she was able to build a successful career as...
GO REAL – A Bite of Purity: Premium Food Brand Launches in Gujarat and Across India, Offering a Wide Range of Premium & Flavored Dry Fruits and Makhana
Ahmedabad (Gujarat) [India], May 31: GO REAL – A Bite of Purity, www.goreal.in a brand committed to delivering premium and pure food products,...
Aireo: India’s Leading B2B Travel Company Providing Comprehensive Travel Solutions
New Delhi (India), May 31: Aireo, www.aireo.in the premier B2B travel company in India, is delighted to announce its exceptional services catering to...
Revolutionizing Reality TV: UnLOAD by Asha Ashta announces Script Registration of a Game-Changing Show on Weight Loss!
Mumbai (Maharashtra) [India], May 31: Guru Asha Ashta, a talented and visionary Women’s Weight Loss Expert, is proud to announce the...


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IYC broker Mark Elliott has sold the 84-foot (25.6m) M/Y Acadia in conjunction with Rick Obey & Associates. Designed by Setzer Design Group, it had an asking price of $3.3 million.
The Overmarine Group announced the sale of two new build Mangustas at the Hainan Rendez-Vous in China in late March. , one of 165 feet (50m) and one of 108 feet.
With new partner Martello Yachting, the company has sold the ninth in its 165-foot (50m) line and the 30th in its 108-foot (33m) line. The Mangusta 165 has a top speed of 40 knots
Camper & Nicholsons International broker Charles Ehrardt has sold the 97-foot (30m) Ferretti M/Y Starship.
Northrop & Johnson broker Chris Chumley has sold the 96-foot (29m) Westship M/Y Serenity Now, listed by Bob O’Brien of Camper & Nicholsons Palm Beach. Built in 1991 with a refit in 2007, the yacht had an asking price of $2 million.


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Samsung topples Apple as the largest chip buyer in 2012
Maybe you’re sick of the tit-for-tat between Apple and Samsung, or perhaps you love seeing two rival companies constantly one-upping each other at virtually anything they can. Either way, a new Gartner report out today has shown that Samsung has pulled ahead of Apple in the total amount spent on semiconductor chips each year.
Whilst this data accounts for chips used in the manufacturing of all product types, not just smartphones or tablets, it gives us an accurate picture of just how many products each company is pumping out each year.
Back in 2011 the two companies were roughly equal in yearly chip spending, Samsung paid out $18.6 billion and Apple coughed up slightly more with a grand total of $18.8 billion. Those are pretty hefty numbers, but this year both companies have managed to eclipse their previous totals; Samsung spent a $23.9 billion and Apple lagged a bit behind with $21.4 billion worth of chips purchased in 2012.
According to the research group, Samsung brought nearly 29 percent more chips than in 2011, and accounted for 8 percent of the entire world market. Apple on the other hand increased chip spending by 13.7 percent and amassed 7.2 percent share of market purchases. Between the two companies, they brought over 15 percent of all semiconductor chips sold last year.
To put this in perspective, rival smartphone manufacturers Sony and LG Electronics only have a 2.7 and 2.0 percent share of chip spending, respectively. Even combined, they don’t come close to the market shares of either Apple or Samsung, which is pretty remarkable considering Sony manufactures a much wider variety of electronic goods than Apple does.
Overall semiconductor demand fell by 3 percent from the previous year, yet Samsung and Apple both managed to significantly increase their shares in a slightly contracting market. We can safely conclude that both Samsung and Apple managed to consolidate their leads as the industry’s top manufacturers last year.


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Dr. Laura Haupert Featured in Cannabis Cultivators’ Publication
OMI Director of Research and Development Talks Cannabis Odor Control
The Canadian website, Grow Opportunity, an online magazine for cannabis cultivators, featured an article by Dr. Laura Haupert, OMI’s Director of Research and Development. In the article, titled “Smell science: Addressing Odour Issues in Cannabis Production,” Dr. Haupert explains the source of cannabis odors, common odor control methodologies, and the science of plant-based odor removers like Ecosorb’s CNB 100.
As legal marijuana sales continue to explode (it’s estimated to quadruple in the U.S. between 2016 and 2021), growers face mounting challenges along with enticing profits. Complaints about cannabis odour have jumped in some areas by as much as 87 per cent since growing became legal. In Denver alone, 30 per cent of all municipal odour complaints are now cannabis-related.
Local governments and clean air agencies are starting to enact laws and issue fines — in the tens of thousands of dollars — to limit odors. Many odor control solutions require complex engineering, expensive permitting, or costly equipment. One option that is gaining interest is plant-based odor removers, a cost-effective and more earth-friendly way to get rid of cannabis smells.
About Ecosorb CNB 100
Ecosorb® CNB 100 by OMI Industries is a natural odor remover designed for the control of cannabis plant odors. Our blend of purified water, surfactant, and natural plant oils eliminates odor-causing chemical compounds in cannabis — including cannabinoids, terpenes and sesquiterpenes.
Ecosorb products do not contain harsh chemicals or synthetic fragrances. They do not mask odors and are safe for use around people and animals. The distribution of Ecosorb requires no added water, thanks to advanced Vapor Phase technology.


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Research reveals poor uptake and awareness of NFC payments
The mobile payments industry has done little to motivate consumers in the UK to adopt near field communications technology or quell their privacy fears. As a consequence, few use it.
A new report from YouGov reveals that only about a third (35%) of UK adults are aware of NFC-enabled devices. Indeed, just 9% even know that their device is enabled for near field communications activity.
In fact, YouGov's data shows that there has barely been an increase in awareness, or adoption, since their previous study in September last year.
"Despite the advances in NFC mobile technology, the industry has yet to increase the awareness nor put forth a compelling value proposition to the consumer to adopt NFC payments," said John Gilbert, consulting director, YouGov Technology and Telecoms. "In addition, retail adoption is rather limited curbing the consumers' desire to transition."
The reason behind 56% not adopting NFC is that they are simply not interested. Meanwhile, 53% had concerns that, should their phone be lost or stolen, they were left susceptible to financial exposure. For 39%, the current 'Chip and PIN' system was more than adequate and they felt little need for any new payments technology.
Recent data released by Deloitte found that the number of consumers with a NFC-enabled mobile phone has doubled since 2012. Ten percent of the 37,600 consumers surveyed across 20 countries said they know their mobile phone has NFC capabilities, almost two-thirds (62%) said their device did not and 28% weren't sure.
Of the 10% that were aware they had an NFC-enabled device, 34% said they had used it within the last month but 62% said they had never used it.
Image via Shutterstock
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Apple to launch iPhone 5s, 5c on regional US carriers Oct. 1Apple's new flagship iPhone 5s and mid-range iPhone 5c will become available on eight regional wireless carriers in U.S. beginning Oct. 1, including C Spire, Cellcom, and Bluegrass.
The new iPhones, released to record-breaking sales last Friday, may get slightly easier to find as they make their way to regional wireless carriers next month. Apple moved more than nine million iPhone 5s and 5c units in their first weekend of availability, and larger national carriers AT&T, Verizon Wireless, and Sprint quickly sold out of their supply.
Carriers launching Apple's new phones on Oct. 1 include:
- Cellcom - Michigan and Wisconsin
- C Spire Wireless - Mississippi, Tennessee, Florida, Alabama, Georgia
- Nex-Tech Wireless - Kansas and Colorado
- MTA - Alaska
- GCI - Alaska
- Bluegrass Cellular - Kentucky
- Appalachian Wireless - Kentucky and Virginia
- Ntelos - Virginia, West Virginia, Maryland, Ohio, Kentucky, North Carolina
Some of the smaller carriers have chosen to offer the devices at a discount for instance, consumers can get an on-contract iPhone 5s from Ntelos for $149.99, a $50 discount from the the phone's normal price.
While Apple's regional carrier partners have been publicly announcing their release dates over the last few days, MacRumors was the first to compile a more complete list of carriers set for the Oct. 1 launch.
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Planetside 2 Expedition: Oshur Set To Arrive Next Month
Planetside 2 Expedition: Oshur Set To Arrive Next Month.
Planetside 2 has unveiled the upcoming major update coming to the game, which will be launched in December. This news came out from a recent blog post that unveiled the update.
This newest update is named Expedition: Oshur, and it’s said to be the first large-scale, water-based region added in seven years. Michael Henderson, the Lead Designer of PlanetSide 2 at Rogue Planet Games, gave more details in a post on what Oshur will add to PlanetSide 2,
“Rarely do we get to deliver players an entirely new combat space, and it’s been years since a playspace has been created at this scale. However, the team has done some amazing work bringing this to fruition, and I think our players are going to dig it.”
In Oshur, you’ll be to drive wheeled vehicles over the surface of the brand new continent. But the battle expands even to the ocean floor, where you can find infantry and treaded vehicles as well as submarine-like aircraft that can go in the ocean.
Oshur itself will be a crucial part of the two-part campaign. That campaign is scheduled to launch on PlanetSide 2’s ninth anniversary on November 17. The following chapter of the campaign will have head to Oshur in December when the brand new update releases.


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Between rail strikes and record-breaking fuel prices, commuting to the office has become one of the most arduous parts of the workday.
Electric cars are cheaper to run but still command a hefty upfront price, which rose this week as the Government scrapped its £1,500 grant.
If you don’t want to brave the elements by bike, you can take the new Citroen Ami to the office and back with just one charge for the price of a mobile phone contract. It just won’t get you there very quickly.
Technically more of a four-wheeler than a car, the Ami’s tiny 6kW engine and top speed of 28mph mean the Ami is now available to lease in the UK for just £19.99 a month, with a £2,369 upfront payment.
Described by the Telegraph’s auto correspondent as a “tiny electric hum” and reminiscent of the post-war 2CV, the Ami has been available in France since 2020, where it can be driven without a license from the age of 14.
There it’s popular with middle-class teenagers driving it to school, as well as older drivers who for some reason may not have a full driver’s license (no danger of speeding here).
In the UK you must be 16 and have the equivalent of a moped license to drive the Ami.
https://www.telegraph.co.uk/news/2022/06/14/britains-cheapest-electric-car-maxes-28mph-now-available-20/ Britain’s cheapest electric ‘car’ that maxes out at 28mph now available for £20 a month


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Prague, May 2 (CTK) – The extension of the EU’s temporary exemption from US tariffs on aluminium and steel imports by one month is a disappointment for Czech steelmakers, Confederation of Industry spokeswoman Eva Velickova told CTK today.
Any customs measures imposed by the USA on the EU make no sense and can only lead to a global trade war, Velickova said.
“We believe that the reason will eventually win and that the USA and the EU will arrive at an agreement that will minimise damage on both sides,” Chamber of Commerce analyst Karina Kubelkova said.
The current uncertainty is very unpleasant for companies, as they cannot make plans and manage their investments. In addition, the issue does not concern only steelmakers, since the biggest impacts of the USA’s measures will be the indirect ones, Kubelkova said.
“They (the measures) have the potential to affect small and medium-sized enterprises as well. There is a danger that the USA’s steps in the area of customs duties will lead to a global rise of fuel prices, which would affect all sectors of our economy,” Kubelkova said.
Czech steelmakers supplied products worth EUR200m (Kc4.2bn) to the USA in 2017, Velickova noted.
Companies now fear not only that Czech exports will be restricted but also that steel from third countries will be redirected from the US market to the EU market, which plays a more important role for Czech steelmakers, according to Velickova.
According to consulting firm Deloitte, the duties on aluminium and steel will have a negative impact on Czech production in the amount of Kc3.6bn. In terms of value added, the impact will be worth Kc970m (0.02 pct of GDP).


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‘Everyone is accepting the rules’ - shoppers adhere to new face mask laws
PUBLISHED: 16:58 24 July 2020
Shop owners in Ipswich, Bury St Edmunds and Woodbridge have been politely reminding customers to mask up today as new rules on wearing face coverings came into force.
Suffolk shopkeepers said the overwhelming majority of customers were obeying the guidance on the first day they came into effect.
However, some voiced concerns that the additional requirement may put some people off shopping at a time when many stores are looking to recover from the Covid-19 crisis.
Jill Barrett, owner of department store Barretts of Woodbridge, said only one customer visited her store on Friday without a mask.
She said: “We have spare disposable masks, so if anyone does come and is not wearing one we won’t be enforcing the rule.
“Fortunately, our customers can also socially distance in the store as we have the space.”
She added: “Everyone is accepting the rule. We were worried it might put people off shopping, but we are getting used to it.”
Sarah Cole, of The Jewellery Studio in Framlingham, said: “Everyone so far today has been wearing masks.
“I do have disposable masks, as I wouldn’t let people in without one.”
She too admitted she had feared it may put shoppers off and said: “I am worried it might put some people off visiting.”
Cathy Frost, who manages gift store Loveone in Ipswich, said she would make a judgement on a “case by case” basis if a customer visited without a covering, as there are exemptions to the rules.
She said: “We had one person in today without a mask, but I asked her politely to put one on.
“If someone came in and had genuinely forgotten a mask, we would offer them one.
“But if someone was refusing we would have a judgement call to make. I don’t want to challenge people if they have a medical condition.
“We built our reputation on being friendly and welcoming - we don’t want to ruin that.”
Failure to comply with the rules can result in a fine of up to £100, but children under 11, those who are supporting someone who lip reads, and those who are unable to for health reasons are exempt.
If you value what this story gives you, please consider supporting the East Anglian Daily Times. Click the link in the orange box above for details.


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10/5/2015 Secretaría de Economía
Today, Mexican Secretary of Economy Ildefonso Guajardo Villarreal, along with his Trans-Pacific Partnership (TPP) country counterparts, have announced in Atlanta, Georgia, the conclusion of the ambitious TPP negotiations.
The completion of the negotiations, the Secretary stated, was made possible by the political will, pragmatism and flexibility displayed by all parties involved in the negotiation.
The Secretary of Economy signaled that Mexico and its 11 TPP counterparts reached this historic agreement with a high level of ambition, breadth, and standards never before reached. The TPP will be, without a doubt, a model for future trade negotiations, placing Mexico at the vanguard of these issues.
For Mexico, this trade agreement is of utmost relevance, as TPP opens new opportunities for Mexican businesses in 6 markets of the Asia-Pacific (Australia, Brunei, Malaysia, New Zealand, Singapore and Vietnam), the region that will register the most economic growth over the next 25 years.
Additionally, TPP will strengthen value-chain integration among Mexico, the United States, and Canada, contributing to the goal of making North America the most competitive region in the world. TPP will also consolidate Mexico’s preferential market access in Chile and Peru, priority trading partners of Mexico in Latin America, while deepening preferential access to the Japanese market.
Ildefonso Guajardo Villarreal emphasized that as a result of difficult negotiations, Mexico achieved adequate balance between market access and sensitivities in areas such as automotive-auto parts, textiles-apparel, and agricultural products, including rice, meat products, and the dairy industry.
Guajardo acknowledged that the conclusion of these negotiations was made possible due to the support and participation of all of the departments and federal agencies involved, as well as ongoing consultations with representatives from across Mexico’s productive sectors, through what has become known as the “side-room” consultation process.
The 11 countries forming TPP represent nearly three fourths (72%) of Mexico’s overall foreign trade and the origin for over half (55%) of total investment received by Mexico since 1999.
Translated by: The Mexico Institute
Read the full press release in Spanish here.


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Baby strollers pushed into the limelight
Unlike the audience at most fashion shows, the women here weren’t very interested in what the models were wearing. At this event, taking place in the Grand Ballroom at the Westin Chosun Hotel in central Seoul, the focus of attention was on what the models were pushing: rainbow-colored strollers.
The women had come to the buggy show en masse as mothers with a shared interest.
“We’re members of an Internet community for Maclaren users,” said Park Ji-young, a 33-year-old mother of two children, in a low voice as a model, whose makeup, hair and clothes perfectly coordinated with the colors and design of the buggy she was in charge of, tottered back behind the drapes. Maclaren is a U.K.-based parenting lifestyle company.
“We’re here to have a look at the new strollers for this year,” Park added.
And Safian, the local importer of the British stroller, and the organizer of the show, takes notice because pushchairs for kids are taking over as the baby transport of choice.
“We sell very few podaegi [the cloth Korean women used to use to carry their babies on their backs] these days,” said Kang Kum-soon, a saleswoman for Happy Land, a baby clothing brand, at the retailer’s Deungchon-dong branch, eastern Seoul. “Sometimes grandmas who take care of their grandchildren come in and buy them, that’s all.”
Bugging the company
“We’re very surprised to see the scale of the Internet community set up by Korean mothers,” said Rebecca Baiul, a senior designer of Maclaren, in an e-mailed statement.
One anecdote tells it all. Apparently, Maclaren had to change its 40-year-old design policy in March 2006 after Korean mothers used the Maclaren online community, which was set up in 2002, to urge the manufacturer to make the canopies on the strollers’ longer. In 2006, there were 12,000 members and now around 25,000.
“Korean mothers didn’t like the idea of their babies being exposed to ultraviolet rays,” said Shin Jin-sook, a promotions representative of Maclaren.
The Maclaren event at the Westin Chosun Hotel is one of many similar gatherings for parents. Lee Kyung-eun, the mother of 11-month-old girl, manages an Internet community with 1,330 members from her home in Gimpo, Gyeonggi. Her group is called Quinny Love and is dedicated to the Dutch stroller Quinny.
Under the nickname Red October, Lee is organizing an event at Everland, an amusement park located in Yongin, Gyeonggi, for April 23.
“[Korean] mothers are used to raising their children within the family, but mothers bring up their children within online communities these days. We share parenting woes and joys on a real-time basis, and it helps us get over parenting blues,” Lee said.
Another stroller squad made an appearance on March 27 at Lotte Hotel, Sogong-dong, central Seoul. Stokke Xplory Lovers, the biggest online community for Stokke stroller users, had been invited by Papa and Co., an importer of Stokke products, to check out new models for this year. Stokke Xplory Lovers has 4,305 members.
In fact, stroller-related Internet communities are ubiquitous: Naver, the nation’s most-visited Web portal, has more than 20 stroller-related communities and Daum, the No. 2 Web portal, also has a similar number of communities.
People say Korean businesses related to children stand a better chance of weathering a recession, and industry officials say the stroller market, especially the one for high-end buggies, is virtually immune to the ravages of a blighted economy.
And a desire for better quality has parents looking to imported goods. “When we started to import Maclaren in 2002, only three imported stroller brands were available, but it’s hard to find any local brands these days,” said Yi Sang-min, president of Safian Company Ltd.
Although sellers don’t want to give exact information about sales increases, Papa and Co. has seen an annual growth of around 15 percent, according to the company. Maclaren Korea says it enjoyed a 150 percent sales increase last year compared to 2002, the year the business launched.
So how much are parents prepared to spend?
According to an online survey conducted by the JoongAng Daily last month, 31 of the 101 parents surveyed belonging to Moms Holic, an online community where moms and dads share parenting tips, said they would spend between 300,000 ($226) and 500,000 won on a stroller, while 27 mothers said they would shell out between 500,000 won and 800,000 won. Twenty-one mothers from the group, which boasts a nationwide membership of 753,086, said they’d fork out 1 million won or more.
“I believe there is a close tie between a stroller and a baby’s health, so I’m not even thinking about buying a cheap one,” wrote a parent using the ID Hagojibi who participated in the online survey at Moms Holic.
“I’m thinking about choosing a stroller between 700,000 and 800,000 won with big wheels so my baby won’t be exposed to shock from uneven sidewalks and roads,” said Kim Yun-jung, a 30-year-old expectant mother whose baby is due next month.
The price of safety
However, a higher price tag does not seem to guarantee safety, according to a recent report.
The state-run Korea Consumer Agency conducted a safety investigation on 11 stroller products and issued the results on April 7.
You might be forgiven for thinking an expensive buggy imported from overseas would score the top marks on any kind of safety test, but you’d be wrong.
Just like the most expensive car on the market is not necessarily the one that will save you if you have a traffic accident, the cost of your kid’s buggy is not necessarily a guarantee of comfort and safety, it seems.
According to the KCA, it was the local brand Capella Clover (210,000 won) that was assessed as excellent, while imported brands Maclaren Techno XT (480,000 won) and Bebecar Prime (630,000 won) were labeled as average.
Another connection between cars and strollers is status. In a nation where one’s car size is still judged as a token of wealth, owning a fancy imported stroller is a new means of projecting your own or estimating others’ wealth.
One good example is found from Stokke’s sky-high popularity. As of March 25, the Norwegian stroller sold out despite a price tag of 1.69 million won at Lotte Department Store.
“Even if you order it now, you won’t get it until May,” said Ahn Hyun-kyung, a saleswoman who works at the main branch of Lotte Department Store in central Seoul.
When asked if there are discounts given to certain credit card holders, Ahn said Stokke sticks to a no-discount policy.
Although a Stokke buggy costs the same as a brand-new refrigerator here, it’s still a popular brand.
Inevitably, due to the nature of consumerism, parents go green with envy when they see other parents with a fancier buggy.
“To be honest, I get jealous when I see mothers pushing pricey strollers,” said a 29-year-old mom-to-be who didn’t want to be named in this article.
“I got a hand-me-down stroller from a cousin, so I couldn’t really justify going out and buying a Stokke,” said Shin Eun-sil, a 30-year-old mother with an 8-month-old son.
It’s hardly surprising. As with other fashion choices, people think their favorite brands represent their lifestyle, said Choi Soon-wha, a senior researcher at Samsung Economic Research Institute, and the choice of stroller is no different.
Companies aren’t going to just stand back and watch. To capitalize on the stroller craze, local importers have introduced a string of pricey strollers ranging from 2 million won to 3 million won.
On March 25, Papa and Co. unveiled a stroller from Germany with a price tag of 5.2 million won, the most expensive one so far in Korea. YK Trading Co., an importer of the Dutch stroller Quinny, introduced a designer stroller last month that costs 3 million won.
Other high-end strollers such as Silver Cross and Bugaboo are favorites among mothers. The top Silver Cross model costs around 4 million won, and for a Bugaboo, 2 million won.
“Mothers often say that they want to express themselves with pricey strollers because the stroller reflects one’s wealth and lifestyle,” said Kim Yong-beom, a manager at EFE, a company specializing in nursing goods as well as importing stroller brands such as Silver Cross.
“They say the mind-set is pretty much the same for men who love to show off with cars.”
By Sung So-young [firstname.lastname@example.org]
with the Korea JoongAng Daily
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LONDON (CBS.MW) -- Both Nokia NOK, +3.42% and Siemens SIE, +1.54% SI, +0.00% were trading higher in mid-day European trading as total mobile phone shipments in the first half of 2003 in Western Europe increased 12.5 percent to 55.5 million units, Strategy Analytics said. Nokia increased its Western European mobile phone market share to 49 percent from 44 percent after shipping 27.1 percent more handsets. Siemens handset sales rose 29.5 percent, and Motorola MSI, +0.61% shipped 21.2 percent more phones.
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Massmart Reaches Agreement to Acquire OneCart
Further to the SENS released on the 25 August 2021, Massmart is pleased to announce that it has reached agreement to acquire 87.5% of the issued shares in OneCart.
As a fast-moving consumer goods marketplace and logistics platform, OneCart partners with leading retailers in South Africa to enable fast, flexible and efficient online sales and home delivery to consumers across the country. This transaction adds another dimension to Massmart’s omni-channel retail offering and enhances their strategy of meeting customers where they want to be met.
Commenting on the announcement, Vice-President: Group eCommerce at Massmart, Sylvester John said: “We are excited by the opportunities that this acquisition presents. eCommerce continues to grow rapidly, both in South Africa and for Massmart, contributing up to 3-4% participation in overall retail sales. We don’t expect this growth trend to change and have embarked on implementing the fundamental building blocks required for a strong ecommerce offering. This includes, but is not limited to, on demand retail.
The platform provides consumers access to a host of complimentary product categories via a single shopping interface, allowing the Company to further expand its capabilities in the fast growing on-demand delivery segment, while continuing to support the independent retailer marketplace model of OneCart.
It is our intention to maintain and grow the diverse and competitive retail composition of the OneCart platform whilst also investing significantly in the underlying technical platform, in-store picking processes and last mile distribution toward further enhancing the customer experience. We look forward to supporting and learning from the team at OneCart and expanding our ability to serve customers more effectively,” concluded John.
Closure of the Transaction will be dependent on finalization of customary final approvals and suspensive conditions.