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Sixteen Irish credit unions have joined with Fexco in a €10 million deal that is intended to support credit union sustainability and improve efficiency.
Under the deal, Metamo will undertake research and development of new financial products and services for credit unions, and establish a central shared services hub to improve delivery capability for credit unions.
Metamo is based in Kerry with offices in Dublin, headed up by chief executive Neil Hosty and is recruiting its senior management team.
The credit unions represent more than 480,000 members and combined assets of more than €3 billion. Among the members are DubCo, Mallow and Wexford Credit Union. The 16 investing credit unions will come together under the Meta CU entity.
The venture will initially focus on collaboration between Fexco and the credit unions to identify and develop products and solutions required by members, which will then be offered to other credit unions in the country who are not part of the joint venture.
The news was welcomed by Minister for Finance Paschal Donohoe.
“Credit unions hold a unique and special standing as one of the most trusted brands in the country. They continue to provide invaluable services to local communities promoting financial inclusion,” he said. “I am delighted to see collaboration within the sector that will support its continued viability and sustainability. Members of all credit unions stand to benefit from the enhanced products and services, more efficient operations and improved service delivery that Metamo will provide.”
“Metamo brings unprecedented scale to any previous sector initiative and signals a new and exciting development in the financial services industry. The company will deliver new income streams and improved processes for the investing credit unions and has the potential to transform the entire sector,” said Joe O’Toole, chairman of MetaCU.
“We identified Fexco as our partner based on their familiarity with the sector, having provided foreign exchange services to credit unions for over 20 years. In addition, we will benefit from Fexco’s technical expertise and commercial delivery focus. For Metamo, Fexco is a natural fit.”
He said the joint venture and investment was a significant vote of confidence in the future of these credit unions.
Denis McCarthy, chief executive of Fexco, noted the long-standing relationship between Fexco and the credit union sector in Ireland.
"Participating in Metamo allows Fexco to leverage two of our key strengths; strategic investment and new product development," he said. "Like the credit unions, Fexco understands the value of supporting local communities, indeed we remain loyal to Killorglin where the company was first founded, employing close to 1,000 staff there today."


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With less than two weeks before Daniel Caesar’s Manila show, we’re getting more curious about what will be the “best part” of the night, aside from his presence. But perhaps the guessing game’s finally over, as we have new potential suspects: CRWN and August Wahh.
On Thursday, Jul. 11, Karpos Mulimedia revealed CRWN and August Wahh will be opening the Canadian singer-songwriter’s concert at the New Frontier Theater in Quezon City. Slated on Jul. 23, this show will be the artist’s second one in the Philippines. His first was a Wanderland set last Mar. 2018.
LIMITED VIP Standing (PHP5,000+) tickets are available at TicketNet stores and online at https://t.co/byCliBm0QD
July 23 | New Frontier Theater pic.twitter.com/tz3oXvdpap
— Karpos Multimedia (@karposmm) July 11, 2019
Soulful beatmater CRWN and electro-R&B artist August Wahh are recent collaborators. Their joint EP, Labryrinth, feels like a five-track adventure across introspection and transformation. Just imagine all this magic mixed with Caesar’s ultimately moving vocals in one night. It’ll probably be the best time to be alive.
Limited VIP Standing tickets to Daniel Caesar’s show are still available here.
Art by Renz Mart Reyes

domain: news


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UK retailers are being targeted to take space in Las Vegas’ new retail extravaganza Grand Bazaar Shops.
Property agent Harper Dennis Hobbs has been hired to bring UK and European retailers to the pop-up mall which has been designed to emulate bazaars and markets from around the world.
The development on the Las Vegas strip will feature markets mimicking Marrakech souks to London’s Portobello Road.
Grand Bazaar Shops will feature 270 stores in a range of sizes. It is predicted to attract more than 20 million shoppers a year and will have a daily night-time light show.
The property agent is tasked with attracting both well-known brands and speciality retailers.
Harper Dennis Hobbs director Richard Willcox said: “This is an exciting new retail opportunity allowing retailers to showcase their brands in one of the most exciting, vibrant locations in the world with lower entry costs than a traditional store.”


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The government of Ukraine has started a state policy to legalize cryptocurrencies and precisely manage and monitor the fintech area as a wheel of a new public policy produced by the Ministry of Economic Development and Trade. The process may take up to three years to achieve but ultimately, businesses built around digital assets would become a legal part of the country’s market.
According to a press release published on the Ministry’s website, the idea intends to establish at the parliamentary level the key terms related to virtual assets, such as “virtual currency” (“cryptocurrency”), “virtual assets”, “ICO / ITO”, “mining”, “smart contract”, “token.”
In Ukraine, there is a legal dilemma about projects related to cryptocurrencies (cryptic currency) and their legal standing, taxation of transactions and the feasibility of signing smart contracts. Smart contracts are an understanding between two parties or people in the form of computer language or code. Smart contracts work on the blockchain, a digital ledger in which transactions performed in a cryptocurrency are written step by step and publicly. Smart contracts are lines of code that are saved on a blockchain and fulfilled when defined rules are satisfied. They are codes that work as they’ve been written to operate by the people who produced them.
Two Step Process
The new regulatory policy will be executed in two steps. The constitutional standing of cryptocurrencies, exchanging platforms and other objects administering with digital assets must be defined in 2018 and 2019. After this, the government of Ukraine will examine the business to recognize trends and notable concerns in order to put forth satisfactory schemes to regulate the entire sector.
The release adds:
The state, in turn, lacks taxes and foreign exchange earnings. It has no opportunity to carry out financial monitoring in this area due to lack of statistical information. As a result, foreign investments and opportunities for creating new high-paying jobs are being lost.
The press release further explained that the next stage, 2020-2021, would include identifying cryptocurrency wallet supplier and custodial platforms as “subjects of primary financial monitoring.” The rank is given to established financial organizations such as financial banks and insurance firms.
In other words, in the second stage, 2020-2021, the identification of providers of virtual currency custodians is envisioned by entities of primary fiscal monitoring. It will also include the expansion of specific juridical acts on the regulation of the application of virtual assets, smart contracts and tokens (digital unit of accounting within a distributed register of records in the form of data that has cryptographic protection that can be used to certify the existence of rights to civil rights objects and obligations relationship), holding ICO/ITO.
According to Bitcoin.com, the government of Ukraine has expressed confidence that the application of its governing notion would provide crypto companies to obtain access to trading services and pull more funds through standardized token sales. The ministry remarked that due to the juridical dilemma, these businesses encounter many challenges, while the industry prevails largely part of the shadow economy.
The press release further stated that
Market participants will have the opportunity to use banking services, to officially attract foreign investments, to conduct ICO/ITO as Ukrainian companies, to conclude smart contracts and to carry out barter transactions for the exchange of goods (services) into virtual currencies.
It further explained that the government of Ukraine will be capable to raise funds to the budget, as well as the inflow of foreign currency to Ukraine. The implementation of this policy will also generate new high-paying employment opportunities and receive accurate analytical data on the field of virtual currencies.
This policy will also help to spur the growth of the digital economy, e-commerce and innovation projects. This will also make possible to set Ukrainian legislation in the field of virtual currencies with the EU law. The Ministry of Economic Development endeavors to present the most qualitative law in the field of virtual assets and currencies in accordance with the soundest modern standards. The ministry has also invited experts in the field of virtual currencies, entrepreneurs, as well as other interested parties to discuss this concept.


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According to a reliable source over at Unwired View, LG has already shot the ad for its new cell, dubbed the KC910. It will rock eight megapixels and a Xenon flash, sticking it right up there with SE’s finest. It’ll also pack 30fps video, recorded at 720x480 pixels, along with face recognition and image stabilsation. Rumour has it we're looking at a full touchscreen blower, with a new UI and measuring a mere 14mm.
Other details, not to mention images, remain scarce, although LG has told us recently they’re planning some major announcements in the coming months.
Our money’s on the cell getting it’s debut at the big ol’ gadget powwow that is IFA, kicking off at the end of August over in Berlin.
So, the battle begins. Can it beat the C905? Let us know what you think in the comments section.
LG KC910 8MP camera phone
On sale: TBA


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Microsoft's attempted takeover of Activision Blizzard was brought up in a Congressional hearing this week, in which FTC chair Lina Khan was asked about why the Commission had decided to "side" with Sony in relation to the deal.
The question was asked by Tenessee representative Diana Harshbarger, who pointed out that it was "remarkable" the FTC had taken Sony's side, especially considering the company controls "68% of the global market for high-end video gaming consoles". You can hear Harshbarger's comments in the video below:
In response, Khan pointed out that the case was in administrative proceedings and therefore didn't make any direct comments on it. However, as a general matter, she mentioned that while the FTC really benefits from "hearing market participants across the board", an independent judgement is always made "based on the law and the facts".
We haven't really heard too much else about the FTC's lawsuit against Microsoft's Activision Blizzard takeover recently, but it's definitely looking like the biggest hurdle for getting the deal over the finish line right now.


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As music consumption in India undergoes a gradual evolution, China-based Bytedance, which has tasted the success with its short video-making app TikTok among the youth in the country, is now ready to take on players like Spotify, Gaana, Wynk, Apple Musia and others with Resso.
The most common theme for all big players was either about their new product launches or the changes that they made in their platforms...
As per the terms of the deal, Reliance Industries had invested $124 million into Saavn at a post-money valuation of the entity at $301 million
Swedish music streaming app has 232 million monthly active users globally
According to Counterpoint Research, the smartphone usage in India is increasing despite the global smartphone shipments again falling 1.2% in the second quarter (Q2) this year
Announcing its second quarter (Q2) results, Spotify registered 31 per cent increase in revenue that reached $1.86 billion
The transformation of iTunes into three separate apps comes with Apple preparing the international launch of an eponymous TV+ later this year
The music streaming company hit 100 million paid subscribers for its premium service, sending its shares up nearly 5 percent
In continuation from the first series, here are the other top ads globally
Gaana emerged as the most favoured app (25%), followed by Apple Music (20%), YouTube (20%) and Airtel-owned Wynk (14%)
The deal is part of an ongoing strategy shift for Apple, which is facing weak hardware sales in China and a saturated global smart phone market where users are hanging on to their old iPhones longer than ever, hammering its biggest business
In its earlier attempt, Spotify could not get Indian labels to share their music, a senior music industry executive told ET
The model, once restricted to a few products, is now being used for a range of offerings.
Analysts predict a spate of consolidations among video-streaming platforms; more investments by international music apps here; and a pick-up in subscription-based and mobile advertising revenues
The service, internally referred to as Remix according to Bloomberg, will compete with similar offerings from Spotify and Apple Inc
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Lexus has confirmed it will produce the LC Convertible, debuting a camouflaged pre-production prototype at the Goodwood Festival of Speed.
Timing and specification of the LC Convertible is still yet to be announced, though we’d say the new model isn’t far off.
“It will broaden the LC line-up and bring a sense of a completeness to the brand's flagship models,” the company said in its press release.
“The convertible version of the flagship LC sports coupe will enhance the presence of Lexus as a luxury lifestyle brand.”
A near production-ready prototype (pictured) made its ‘dynamic debut’ at the Goodwood Festival of Speed this weekend, covered in a QR code wrap which the company calls “digital camouflage”.
Design-wise there’s no surprises, looking very much like the concept that debuted at the Detroit motor show in January – basically the LC coupe sans roof.
Speaking of the roof, it’s likely Lexus will employ a folding fabric top as opposed to a heavier metal one, which should minimise the impact on the vehicle’s dynamics and luggage capacity.
Lexus Australia’s CEO, Scott Thompson, said the LC Convertible would be a welcome addition to the local range.
“We are very keen to secure this stunning new convertible for Australia now that production has been confirmed,” he said.
Stay tuned for more details in the coming months, and click on the images for the full gallery.


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For Immediate Release:
EXECULYTICS INTRODUCES MONEYBALL TALKS WEBINAR SERIES
First episode titled 'Navigating Produce's Biggest Week' debuts April 29
Toronto, Canada, April 7, 2020 – As the industry waits for the new normal to arrive, preparing for the big selling weeks takes on a heightened importance. To that end, Execulytics is excited to announce the first episode in the Moneyball Talks series. Extending from the popular 'Produce Moneyball' segment featured in company newsletters, the inaugural episode, scheduled for April 29, 'Navigating Produce's Biggest Week', uses data to develop product level plans. Plans, intended to be used by produce professionals to prep for success during the important Fourth of July and Canada Day events, traditionally the biggest week of the year for a produce seller.
About Execulytics Consulting
Execulytics is a responsive company that provides consulting in the Produce Supply and Retail industries. Vast experience in the produce business with a special passion for data analytics provides the credentials that enable specialized service. Execulytics strives every day to live up to its promise to ‘bridge the GAP between suppliers and retailers’. Check out other Execulytics offerings: The Produce Almanac, The Retail 101 Seminar and Canadian Benchmark Services.
Contact Execulytics at firstname.lastname@example.org or find them on the internet at www.execulytics.ca. Follow us on Twitter or LinkedIn.


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As part of a massive promotional campaign, LG Mobile has sponsored a web series called "Style Rules" which is basically a competition where Rachel Zoe asks style bloggers to create styles that are synonymous with what the "Lg Marquee" brand stands for - "Thin, Light and Bright." Lg Marquee has been launched on October 2, 2011, and so has the web series with a plan to air six episodes through November with one every week. The series will be broadcast on the sites of the Alloy Digital Network.
LG Mobile wishes to capitalize on the soaring popularity of smartphones in the US following the massive success of Nokia's Android mobiles, Apple's iPhone and Samsung. It believes the best way to do it is by positioning itself as a lifestyle brand which is something that gels with its advertising slogan, "Life's Good." The Style Rules web series and the presence of Rachel Zoe could, LG believes, play a major part in attracting young female customers. It could be a runaway success, but it's a bit na


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SETi Files Patent Infringement Litigation
Sensor Electronic Technology, Inc. (SETi), announced it has filed a patent infringement lawsuit against Bolb, Inc. (Bolb) and Quantum Egg, Inc. (Q-egg) in the U.S. District Court for the Northern District of California.
In its complaint, SETi asserted that Bolb and Q-Egg are selling UV LED sterilizer devices that infringe on six LED patents. The asserted patents cover fundamental technology for ultraviolet (UV) LEDs, encompassing UV LED sterilizer structures and drivers, chip fabrication and epitaxial layer growth.
For more information, visit www.s-et.com.


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New Corona Category has been added to the Tilburg University Challenge
New: The Corona Category, start making impact right now!
Who would have thought? Half a year ago, nobody could have ever
predicted the current situation that we’re in at the moment. The world is facing a lot of problems concerning the Coronavirus. However, this also creates challenges and opportunities to make things better in all parts of our society that have to do with the COVID-19 situation.
Due to the Coronavirus, our daily life is altered in an unforeseen way. The impact of the virus cannot be narrowed into a number of sectors but instead influences the entire society. For example, think of:
- The healthcare, which has been postponed a lot but must be caught up eventually;
- the loneliness of the elderly;
- the well-being and development of children;
- our privacy in relation to the use of COVID-19 apps;
- the recovery of our economy;
- social distancing and a meter-and-a-half society;
- new ways of working;
- local production and supply chains;
- legal effects of emergency laws;
- our sustainability behavior;
The Corona Category
The Tilburg University Challenge wants to challenge all students of Tilburg University to come up with ideas or solutions regarding the COVID-19 crisis. A new category will be added to invite and challenge students to make impact right now: the Corona Category. As you can see in the list of examples above, this category will not only focus on the medical aspect of the virus. Every idea related to the current crisis situation, and its impact, is very welcome!
Because of this extra category, it will be possible to join with a maximum of two ideas; one in the corona category and one in the ideation or business ready category (business ideas not related to the Coronavirus).
The corona category will follow the entire timeline of the challenge; with workshops, online chatting, the speed date event and of course the grand finale. The best idea in this category will win an extra prize on this final event in November.
As of May 20, it is possible to sign up and start working on it.


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Elevate your enterprise data technology and strategy at Transform 2021.
Hurting from poor sales of its holiday line-up, Electronic Arts said today it would nearly double the number of layoffs from 500 to 1,000 employees.
The Redwood City, Calif.-based game publisher said it would close nine game studios and publishing operations and also pare back its game titles.
Most of the layoffs will occur by March 31, 2009. The company hopes to save $120 million a year. The cutbacks amount to about 10 percent of the company’s 10,000-person work force. In October, EA targeted about half the number of jobs for layoff.
The company confirmed that it would shut down its Black Box game studio in Vancouver, Canada, and move the teams to its studio in Burnaby, British Columbia. At the same time, EA said it would continue to invest in new games, including mobile games and online games.
The company will take a restructuring charge of $55 million to $65 million over the next several quarters. It remains to be seen how Wall Street will react to the changes. The company bulked up in the past few years as it shifted its focus to higher-quality games based on original content, rather than content licensed from movies. But it faces tough competition and its new original titles didn’t do as well as hoped during the current holiday season. One of the bigger disappointments was Spore, which has sold millions of units but hasn’t lived up to its hype.
EA’s stock has been weak for months, but after the company announced its holiday sales were slow, a number of analysts said they had lost confidence in EA’s management. EA’s stock closed at $17.39 a share today, up 63 cents, and it is up 1 cent in after-hours trading.
GamesBeatGamesBeat's creed when covering the game industry is "where passion meets business." What does this mean? We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. How will you do that? Membership includes access to:
- Newsletters, such as DeanBeat
- The wonderful, educational, and fun speakers at our events
- Networking opportunities
- Special members-only interviews, chats, and "open office" events with GamesBeat staff
- Chatting with community members, GamesBeat staff, and other guests in our Discord
- And maybe even a fun prize or two
- Introductions to like-minded parties


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In today’s multimedia world, marketers have a wide range of opportunities for reaching greenhouse growers and communicating their message. Digital media, including eNewsletters and websites, is a perfect example of these new opportunities, but direct marketing, video and in-person events also represent new marketing venues. Greenhouse Grower magazine offers a number of opportunities to ensure that its clients can build a program that meets their needs and goals.
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In 2014, $4.6 million was awarded through the Farm Bill to tackle rose rosette disease, a devastating pathogen that affects one of the industry’s most important crops.
February 25, 2015
National Garden Bureau Designates 2015 As Year Of The Gaillardia
Gaillardia, also known as the blanket flower, is a member of the sunflower family (Asteraceae) and a long-blooming pollinator plant. It is fitting that the National Garden Bureau has specified 2015 as The Year of the Gaillardia.
February 18, 2015
Range Of Nursery Inspections To Protect Patented Plants…
Plant patents are under protection, and breeders are fighting for their rights to keep growers from illegally propagating protected varieties. It's something you don't want to take a chance on, because the risk is far higher than the reward. More than 300 inspections were carried out last year from New York to British Columbia and from Ontario to Florida to protect plant patents, Plant Breeders’ Rights (PBR) and branded programs.
February 4, 2015
TPIE 2015: An Electrified Industry Vibe Boosts Cool New…
The general feeling at the Florida Nursery Growers and Landscape Association's 2015 Tropical Industry Exhibition (TPIE) was upbeat and positive. Attendees were inspired by exciting new products and varieties, as well as creative new displays and innovative ideas and left energized for the season ahead.
January 21, 2015
Costa Farms’ Launches New Interactive Website
Costa Farms is making efforts to educate consumers while pushing horticultural digital marketing forward with the re-design of its website. The new website features a fresh design and improved navigation, as well as a plant finder that gives gardeners easy access to plant information.
January 5, 2015
Growers Are Successfully Marketing The Benefits Of Pla…
Growers who are already marketing plant benefits and gardening as a lifestyle say they think this could be the best angle for the floriculture industry to promote our products.
January 5, 2015
Plants Love You Campaign Raises Plant Benefits To Foref…
Plants make us feel good. It’s a no-brainer, backed by numerous studies, but there’s more to the story. And it’s one the Canadian Ornamental Horticulture Alliance (COHA) hopes its Plants Love You campaign will tell in such a way that it will inspire people to make plants a part of their life, and on a bigger scale. COHA is an alliance between the Canadian Nursery Landscape Association (CNLA), the Fédération Interdisciplinaire De L’Horticulture Ornementqale Du Québec (FIHOQ) and Flowers Canada Growers (FCG). Inspiration for The Plants Love You campaign came from COHA’s research, which revealed that 96 percent of consumers surveyed have a favorable attitude toward plants. When COHA delved deeper into the numbers, one thing stood out loud and clear. “It quickly became apparent that while consumers like plants because they are pretty and make them feel good, few understood the environmental and health benefits plants offer.” says Frank […]
November 17, 2014
Canada’s Plants Love You Campaign Educates Consum…
In a cooperative effort to promote the benefits of plants to consumers, the Canadian Ornamental Horticulture Alliance (COHA) recently launched its Plants Love You campaign to make consumers more aware of the health, environmental and economic benefits of plants.
November 11, 2014
Plantbid Offers New Tool For Growers, Plant Buyers
Plantbid is touted as a revolutionary new tool that allows plant buyers to purchase their whole plant list at one time, from growers who provide their complete availability online. According to the company, this new offering could change the way growers and landscapers do business.
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The Midwest Clinic, one of the worlds largest Band & Orchestral events was held in Chicago, Illinois on December 18-21. PreSonus was in attendance, displaying in the exhibit hall and holding conversations with educators around the globe!
New at the show this year were the brand new StudioLive ARc Hybrid Mixers, showcasing new features and improvements from the past AR Series models. Studio One 4.6 was also on display, showing off the new redesigned Ampire extension, as well as showing the tight integration Studio One has with Notion! Other PreSonus Products on display and being demonstrated included the StudioLive 32SX Digital Mixing Console, StudioLive Series III Rack Mixers, NSB Stageboxes, Studio Series Audio Interfaces, AIR Loudspeakers, and ATOM Pad Controllers.
For More Information on PreSonus in the Music Education Space, Visit: edu.presonus.com
For More Information on The Midwest Clinic, visit: www.midwestclinic.org


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NAMMU Awards Domtar 2010 Environmental Award
(Press Release) Toronto, Intercontinental Toronto Centre, November 3rd—Domtar's "Paper Because" campaign captured the lead in environmental initiatives for 2010, and took home the NAMMU Environmental Award for industry leadership and Best Management Practices.
NAMMU head judge, and Chairman, SBS Business Solutions, Tony Keenan, announced the award, and stated "This industry leader helps ensure our creative livelihood in print is not only environmentally friendly, but also welcomed and recognized by our customers as such."
Domtar's innovative "Paper Because" initiative, launched this year to promote the responsible use of paper, is a sweeping campaign with huge, positive consumer reach and impact. Advertisements appear in major Canadian and US print and online media, supported by an in-depth, dedicated microsite www.paperbecause.com
NAMMU President, Kathleen Rowe, noted that "Domtar's 'Paper Because' campaign demonstrates that paper is sustainable, personal and purposeful. Exactly the message this industry needs to have delivered to all of its audiences."
"Once again, Domtar has raised the bar in best management practices on environmental issues," concluded Keenan.
The NAMMU Environmental Awards distinguish leadership, innovation and results achieved in making the mailing industry as environmentally friendly as possible. Winners in the three categories of INNOVATION, BEST MANAGEMENT PRACTICES, and BEST MAIL CAMPAIGN have met rigorous environmental criteria and set new standards for smart environmental practices. Learn more: www.nammu.ca/environment


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Australian government announces new complaints handling guidelines for Social Networking Sites
User safety and cyberbullying are just some concerns that arise when using social networking sites such as Facebook, Twitter, LinkedIn and Google Plus.
Under new guidelines announced by the Australian prime minister, social networking sites have agreed to undertake raising awareness about antisocial behaviour online and promoting user safety.
The Cooperative Arrangement for Complaints Handling on Social Networking Sites details companies such as Facebook and Google (YouTube) having to set out clear information about its acceptable use guidelines; have “robust processes” in place to review and act on complaints; have a “single point of contact” for government and engage in “education and awareness raising” activities about what behaviour is and isn’t acceptable online.
The protocol establishes that social networking sites need to understand that they have to work cooperatively with the government when it comes to addressing inappropriate conduct online, to meet the expectations of Australians.
These guidelines ensure that there are clear processes in which social networking sites can handle complaints promptly in line with their abuse policies.
The government is in discussion with Twitter to follow Facebook and Google into signing up to the protocol, encouraging other social networking sites to also join up and follow suit.
The guidelines were created with reference to recommendations made by the Joint Select Committee on Cyber-Safety’s Interim Report from June 2011, High-Wire Act: Cyber-Safety and the Young.
The protocol is complemented by the popular government information portal, Easy Guide to Socialising Online, which offers handy advice on how to safely use online social networks.
The website offers information on the cybersafety features of a variety of websites including Flickr, Myspace, Tumblr, Skype and Google Plus, alongside the popular choices of Facebook, Twitter and YouTube.
There’s also an easy-to-understand overview of cybersafety features for social networking websites, online games and search engines.
Social networking users can also take advantage of some tips for socialising online, detailing the importance of keeping passwords secret and using privacy settings to control the information you share.
Posted by April Revake.


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Audi has recently announced its plans to introduce the 2014 A3 g-tron next week, during the 2013 Geneva Motor Show, in a world premiere.
After showing us the battery-powered electric version of the A3, named the A3 e-tron, along with the A3 e-tron Plug-In Hybrid, time has come for the German based automaker to pull the wraps off a brand new variant of the popular A3, the Audi A3 g-tron. According to the car manufacturer, the Audi A3 g-tron stands for “natural gas” and the model will be officially presented to the public next week, during the 2013 Geneva Motor Show, before hitting the European showrooms at the end of this year.
Natural gas-powered cars aren’t something new but it’s a rarity to see one in this segment, where “luxury” is the key word and the A3 should rival that brand new and hot A-Class, made by Mercedes-Benz, amongst others. Unfortunately we don’t have any more details on the 2014 Audi A3 g-tron for the moment and we should better wait for the 2013 Geneva Motor Show to officially open its gates for the media on the 5th of March, in order to find out more on the model. Meanwhile you can check out the photo gallery posted below.


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Simpson Race Products will replace KICK Start Energy Drink as the title sponsor for the Ginetta Junior Championship in 2016
The new partnership will see Ginetta continue its relationship with Steve Perez, who is the UK importer for Simpson Race Products, an American parts supplier specialising in harness systems and head restraints.
Perez’s son Seb Perez also competed in the series last season, and is expected to return to the rebranded ‘Simpson Race Products Ginetta Junior Championship’ this year
Perez’s Global Brands company will continue to have a presence in the Ginetta paddock meanwhile, with the Amigos Beer brand to continue as a partner of the Michelin Ginetta GT4 Supercup
“Ginetta are delighted to have Simpson Race Products on board as our title sponsor for the Junior Championship,” said championships manager Ashley Gallagher.
“Safety is paramount to both Ginetta and Simpson, and given both brands’ commitment to product quality and innovation, the partnership couldn’t be more fitting.”


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Major convenience stores in Japan announced on Tuesday that the
y will stop selling pornographic magazines in an effort to create a “comfortable enviro上海夜生活
nment” before the country plays host to international sports events, such as the 2020 Olympics.
上海夜生活品茶微信7-Eleven Japan Co, Lawson Inc and FamilyMart Co, the top three convenience store chain operators, have all dec
ided to end the sale of adult publications and manga comics by the end of August, citing concerns over har
ming the country’s image before the 2019 Rugby World Cup and next year’s Tokyo Olympics.上海夜生活
The companies said they hope the decision will create a more w
上海夜生活品茶微信elcoming environment for women and children and will avoid giving off a bad impression o
f the country as Japan prepares for a flood of foreign visitors during the sports events.
“In the past, 7-Eleven was mostly used by male customers to buy beverages and fast foo上海夜生活
d, and our product assortment was designed accordingly,” the chain told Reuters.
上海夜生活”However, as the role and usage of 7-Eleven stores has changed in recent years, 7-Eleven beca
me an important shopping destination for families, children and elder people as well.上海夜生活品茶微信
“We also considered the increasing number of foreign custom
ers during the upcoming Rugby World Cup and the Olympics,” the chain said.
The move will not have a major economic impact on the chain, as adult magazines account for less than上海夜生活
1 percent of total sales at the roughly 20,000 7-Eleven stores across Japan, a spokesperson said.
According to Lawson, the company had already stopped selling such magazines at outlets in Okinaw上海夜生活品茶微信、
a in November 2017 and has now decided to expand the ban to about 14,000 of its stores nationwide.
FamilyMart reported that 2,000 of its 16,000 franchises had already stopped selling adult magazines.
Council, announced the legislature’s temporary closing on Thursday, attributing it to the extensive damage to fire safety, security and communication system
s inside the council building. The chambers are to remain closed until October, when a new legislative year starts.上海夜生活
While the effect would be to move up the legislature’s summer recess by two weeks, Chan has said he believes that 20 to 30 of those 40 items
could have been moved out of committee and approved by the legislature before the recess, had the break-in not forced the closure.上海夜生活品茶微信
Leung visited the complex with members from the LegCo Commission－which oversees the secretarial affairs of the coun
cil－before making the announcement. The LegCo building went through a violent break-in on Monday ni
上海夜生活品茶微信ght, with hundreds of masked protesters occupying and vandalizing it for about three hours.
Leung said it is difficult to find a suitable alternative meeting venue, since a fully fun
ctioning council needs to be accommodated by over 1,000 staff members.
By Thursday evening, Hong Kong police had arrested 12 people acc上海夜生活
used of involvement in storming the LegCo chambers on Monday. Police said arrests cor
responded with such offenses as assaulting a police officer, unlawful assembly and possession of weapons.
上海夜生活品茶微信Among the 40 items to be scrutinized by the Finance Committee, about 20 deal with city infrastructure of different types, while othe
rs concern personnel appointments and government salary adjustments, according to a committee agenda list.
Chan said matters he considers to be of great urgency and linked to people’s lives include appropria上海夜生活品茶微信
tion extensions for several public hospitals and infrastructure projects for public housing.
Chan said he will soon write to Legislative Council members to see if they would agree to scrutinize some urge
nt livelihood issues through circulation of papers, replacing face-to-face meetings.上海夜生活
However, Chan said that if any member on the committee disagrees with such a speci
al arrangement, it can’t be used, according to procedural rules of the committee.上海夜生活品茶微信
In such a scenario, projects on public housing, for instance, would have to be delayed for at least four months, until late October, Chan said.
tries, often the上海夜生活品茶微信 hosts, that want to put a new issue on the G20 agenda.
This year, O’Neill said, it looks as if Japan is going to try to feature the issue of global governance of te
chnology in terms of some common rules. He said it, and other countries that have ideas for new are
as of focus in the future, need to be pushed to explain precisely what they want to achieve in doing so.
“It is all very well to make very general grand statements, but unless anything specific occurs between and across G20 cou
ntries, what is really the point?” O’Neill said. “This must surely become a prerequisite fo running out of time to secu
re a safe future for humanity; we have a climate crisis on our hands, and we have entered an era of mass ext
inction of species with grave consequences for humanity,” he said.r the G20 at this year’s meeting and into the future.”
Zhu Qiwen and Liu Yi contributed to this story.
iggest markets, o上海夜生活女神会所nline and offline, are joining hands to create new trade rules, toget
her with SMEs and micro businesses around the world,” Lin Yi, secretary of the Yiwu Municipal Com
mittee of the Communist Party of China, was quoted by Xinhua News Agency as saying on the same occasion.
Around 15,000 foreign traders from more than 100 countries are stationed in Yiwu and m
ore than 400,000 foreigners come to the city to do business every year, official data showed.
The eWTP platform was conceived by Alibaba founder and chairman Jack Ma in 2016 as a digital gate
way to connect every country and give businesses the ability to sell anywhere in the world. The benefi
ts of using eWTP hubs include speedy customs clearance, logistics support and minimal tariffs.
redeveloped from a local cement plant, a former symbol of its economic boo
m. And the locals are working together to turn the venue into a cultural landmark tha
t will eventually include a cinema, a creative writing residence and a cultural center named after Jia.
A special thesis oral defense was held for a seriously injured third-year graduate student at a hospital in Central China’s Henan province on Sunday.
The student, Cheng Yanfang, who was about to graduate this year from East China Univ
ersity of Political Science and Law, became a paraplegic after a car accident in April.
“Finishing her thesis, getting her master’s degree and becoming a teacher is my sister’s biggest dream,” Cheng Hao, Cheng Yanfang
‘s younger brother, told thepaper.cn. He said even though the accident left her with no feeling below he
r chest, she maintained her rehabilitation training and read papers in her spare time.
nese social media. An hour after the announcement, related topics had been viewed more than 5 million times. While many b
asked in the coach’s return, others expressed concern about the current status of the national team.
The last major appearance of Team China was at the 2019 China Cup in
Nanning, Guangxi Zhuang autonomous region, in March, when the squad lost both its gam
es. Lippi’s successor, Fabio Cannavaro, who coached both China and Evergrande, resigned a month later.
of the 2022 World Cup. China is looking to secure a place in the
World Cup again after making its one, and so far only, appearance in the finals in 2002.
Different from the first several batches of tariffs that focused more on industrial and agricultural products, the most rece
nt 25 percent tariffs on Chinese imports target mostly consumer products, including sneakers, clothing and furniture.
Trump has, on his Twitter account, asserted that “there is no reason for the U.S. Consumer to pay the Tariffs”.
The open letter, however, said “there should be no misunderstanding” that US consumers pay for tariffs on products that are imported.
“As an industry that faces a $3 billion duty bill every year, we can assure you that any incr
ease in the cost of importing shoes has a direct impact on the American footwear consumer,” it said.
It is an “unavoidable” fact that as prices go up at the border due to transportation costs, labor r
ate increases or additional duties, the consumer pays more for the product, the footwear trade and business association said.
Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20 percent in their US stock market debut Friday.
The Chinese company, which opened its first store in Beijing less than two years ago, has
2,370 locations and plans to surpass the 3,700 stores Starbucks has in China by the end of the year.
It brought in $125 million in revenue last year, but spent much more th
an that on coffee beans, store rent and other costs. Last year, it lost $475 million.
Most of Luckin’s stores are small, have few seats and are used mainly as a place to pick up mobile orders.
It also offers delivery in 30 minutes and promises a refund for delays or spilled drinks.


text:
“The most visible effect of this redeployment was the launch at the end of May of the new logo and colours of EURATEX as well as the live start of the new website that should become the platform serving the industry together with the network set up by its members. The consolidation of EURATEX was also proven by the ability to find a joint position on the always controversial “origin” issue,” says Mr. Paccanelli.
For the fourth year in a row European textile and apparel companies increased their exports across the world to service the growing needs of fast growing consumer markets, thus exceeding the € 42 billion threshold, the highest level since the start of this century, says the annual report.
In the report, Mr. Paccanelli points out that the textiles and clothing industry continues to be used as an “easy” bargaining political chip without consideration of the economic impact of such decisions on all or some of the European industrialists facing imbalanced competition on the European market. He gives the example of Pakistan, which though being a dominant supplier of the EU market, benefitted from the provisions of two political decisions: the waiver for Pakistan until the end of 2013 and the GSP Plus and duty-free treatment status from the 1st January 2014.
“Whether we like it or not, textile and clothing related issues always remain a sensitive area for third country partners. This may explain the slow progress in a number of ongoing negotiations such as with Canada, India, Mercosul, etc. due to entrenched positions,” says Mr. Paccanelli.
However, EURATEX must prioritise the negotiations with Japan and United States of America—two key trade partners. Reciprocity, symmetry and market-oriented solutions should be the cornerstone of the dialogue to help reduce barriers to trade that hamper both partners’ benefits, he adds.
Click here to read the complete report.
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Newmotion EV chargers added to Octopus network
09 April 2021
Author: Sean Keywood
Public EV chargers operated by Newmotion have been added to Octopus Energy's Electric Juice network.
The deal means that Electric Juice customers can now access thousands of Newmotion chargers in the UK and Europe, including Shell Recharge rapid chargers.
Newmotion joins other networks accessible through the scheme, including Ionity, Char.gy, Alfa Power, Franklin Energy Life, Plug-N-Go, and Osprey.
Customers are able to pay with an Octopus Energy account across all these networks, with the costs appearing on a single bill.
Electric Juice CEO Zoisa North-Bond said: "Europe's transport sector needs to decarbonise quickly. Collaborating with more partners helps create better access to charging infrastructure, which makes it easier for petrol car drivers to consider electric vehicles and simplifies the whole process for current EV drivers.
"Newmotion provides Electric Juice customers with rapid charging at Shell Recharge on the motorway and the inner-city coverage of the network means EV drivers have more flexibility than they've enjoyed before."


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Tag Heuer CEO Stephane Bianchi said that the company sees no threat to 'traditional' watch sales from the rising popularity of smart watches
The Middle East is an increasingly “fast moving market” for Tag Heuer, particularly Saudi Arabia, according to CEO Stéphane Bianchi.
Bianchi was appointed as the CEO of LVMH’s watchmaking division in November 2018. In his position, he directly leads the Tag Heuer brand. Additionally, the CEOs of Hublot and Zenith report to him.
Speaking to Arabian Business in an exclusive interview at the Formula E Grand Prix in Saudi Arabia – where the Tag Heuer Porsche team made its debut – Bianchi said that the company increasingly views Saudi Arabia and the wider Middle East as a “very important market”.
“That is especially true in Saudi Arabia. We think this country will become the next big [market] in the Middle East,” he said. “We invest a lot in Saudi Arabia.”
As a sign of the company’s increased focus on Saudi Arabia, Bianchi pointed to a green limited edition Aquaracer watch made specifically for the Saudi market in September.
The 200 watches – each of which were priced at approximately $2,000 – quickly sold out, Bianchi added.
“Next year, we’re going to have another one [limited edition Saudi watch]. I can’t tell you about it, but it will be amazing as well,” he said. “We believe this is a fast-moving market and is going to get bigger and bigger over the coming years. For us, it’s strategic to be here.”
According to Bianchi, Tag Heuer’s largest markets remain the United States, UK, Australia, Japan and Korea.
In his comments, Bianchi said that Tag Heuer sees no threat to ‘traditional’ watch sales from connected ‘smart’ watches which have become increasingly popular over the last several years.
In Tag Heuer’s case, the company launched its first connected watch in 2015, and now has several different models.
“Connected watches will of course be important in the future, even if traditional watches remain the main [focus] for Tag Heuer,” he said. “But what we see is that people who buy smart watches wouldn’t have bought a traditional watch, so there’s no cannibalisation of customers.”
Additionally, Bianchi said that in about 80 percent of cases, buyers of Tag Heuer connected watches “get to know the brand” and then move on to buy other watches.
“It brings more customers to traditional watches,” he said. “It’s a very good match between these two kinds of watches.”For all the latest fashion trends from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.


text:
The Australian Wine & Brandy Corporation put out an announcement this morning (Tuesday September 7).
It said: “The AWBC has implemented internal changes to support the UK office and the market in Lisa’s absence to ensure transition can occur with minimal impact on the team, strategy, stakeholder interests and market activity.”
McGovern took up her post in April 2009 following a long search by the AWBC.
The generic body said John McDonnell, regional manager Ireland, will be available to support the UK office for two days a week in London until further notice and recruitment for a permanent replacement was “being conducted”.
A spokesman said: “Lisa worked tirelessly to promote and support the Australian wine industry in the UK and Europe and the AWBC wishes her all the best in the future.”


text:
Major changes for Customs Act says Reese
KINGSTON, Jamaica - Commissioner of Customs Major Richard Reese has warned that significant changes are coming to the Customs Act as the authorities look to come down hard on people trying to smuggle illegal items into the island.
Commissioner Reese says that a review of the Act was carried out and a draft to be submitted to the Ministry of Finance in the next two months.
"We have done a review of the Act and will now be making recommendations to the ministry of finance primarily to increasing penalties and also some amendments to address issues such as under invoicing," Reese said.
The Customs boss who said that under- Invoicing was a major area of concern, added that during the first five months of this fiscal year, the Customs Department collected an additional $276.6 million after re-valuing under-invoiced imports.


text:
The Scugog Chamber of Commerce is swinging open its doors for those still impacted by a wild weekend windstorm.
The merchant group is making its office space in downtown Port Perry available for businesses in Scugog or Uxbridge townships as well as members of the Uxbridge and Port Perry BIAs who need office space, internet or power.
“Some of our businesses are able to reopen, but some are not as of yet and may need a bit more time. Here at the chamber office, we have power and some extra space,” said the chamber in an online post.
The Scugog Chamber of Commerce is located at 250 Queen St.


text:
Tata Group's hospitality chain Taj Hotels Resorts and Palaces has announced a 'Taj InnerCircle' loyalty programme, applicable on all brands
The move is in line with AirAsia's attempts to monetise its affiliates and comes after the airline reported its first net loss in two years.
The country’s largest bank has decided to give reward points to all its customers for almost every banking transaction done with the bank.
Applause expressing unflinching loyalty to party supremo Jayalalithaa marked the meet held today to elect her as legislature party chief.
China's top graft-busting agency rapped the country's powerful state-owned industries for their often hazy loyalty to the ruling Communist Party.
Xi said the leadership places great importance on national security and the country will step up efforts to prevent activities that compromise national security.
This could be in form of ready-to-eat or ready-to-cook food and involve relaunching Maggi, pending return of noodles if and when it obtains requisite clearances.
M&S's 'Sparks' membership card would reward both M&S food and general merchandise customers with exclusive benefits and personalised offers.


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Talk about coming out of nowhere! The brand-new racing series titled Superstar Racing Experience, which hasn’t even hosted an official race yet in the real world, has their own game launching next week on 28th May.
Coming to Xbox One, PlayStation 4, and Steam (sorry next-gen gamers), Monster Games is bringing SRX to virtual reality before the series officially begins on 12th June.
The game will feature 16 drivers from the first SRX season that’s coming up and includes over 50 tracks (mostly dirt) and other race vehicles besides the SRX racecars like Stadium Trucks, 305 Wingless Sprints and Dirt Late Models.
Essentially, this is a new version of Tony Stewart’s All-American Racing game that’s been out since 4th September last year with new cars, features, and content all together. That game was even a new version of the original game, Tony Stewart’s Sprint Car Racing that released in February 2020. With Stewart as integral to the SRX series as he is, it actually is no surprise that they’ve got a game ready to go for their new fans already.
The Game releases 28th May, it is available for pre-order now and will cost $39.99.
Watch SRX Game Trailer :


text:
By Peter Conmy
Maktoob.com has launched the first Arabic WAP email service in the Middle East. Members can send and receive mesage using a WAP enabled mobile phone.
Maktoob.com is set to go mobile with the introduction of it’s WAP email service. Maktoob members will be able to send and receive messages using WAP enabled mobile phones.
The email service will be followed by a whole range of mobile solutions, according to Maktoob managing partner Hussam Khoury: “With mobile usage gaining momentum rapidly in the region, the new service is sure to appeal to our constantly mobile users who need reliable sources of information that is crucial for their operations,” he said. “It essentially puts the Internet and email services in the user’s pocket.”
The service is free of charge for Maktoob’s 430,000 users.
The site was recently ranked as the number one Arabic web service by Alexa.com, Amazon.com’s web surfing enhancement service.
Hussam Khoury commented: “The rapid increase in our registered member base endorses our popularity among the Arabic community and we are keen to encourage that positive support by constantly offering such state of the art services.”
For more information visit www.maktoob.com/maktoob_wap.html.


text:
A new concept for an aluminium battery has twice the energy density as previous versions, is made of abundant materials, and could lead to reduced production costs and environmental impact. The idea has potential for large scale applications, including storage of solar and wind energy.
Researchers from Chalmers University of Technology, Sweden, and the National Institute of Chemistry, Slovenia, are behind the idea.
Using aluminium battery technology could offer several advantages, including a high theoretical energy density, and the fact that there already exists an established industry for its manufacturing and recycling. Compared with today’s lithium-ion batteries, the researchers’ new concept could result in markedly lower production costs.
“The material costs and environmental impacts that we envisage from our new concept are much lower than what we see today, making them feasible for large scale usage, such as solar cell parks, or storage of wind energy, for example,” says Patrik Johansson, Professor at the Department of Physics at Chalmers.
?“Additionally, our new battery concept has twice the energy density compared with the aluminium batteries that are ‘state of the art’ today.”
Previous designs for aluminium batteries have used the aluminium as the anode (the negative electrode) – and graphite as the cathode (the positive electrode). But graphite provides too low an energy content to create battery cells with enough performance to be useful.
But in the new concept, presented by Patrik Johansson and Chalmers, together with a research group in Ljubljana led by Robert Dominko, the graphite has been replaced by an organic, nanostructured cathode, made of the carbon-based molecule anthraquinone.
The anthraquinone cathode has been extensively developed by Jan Bitenc, previously a guest researcher at Chalmers from the group at the National Institute of Chemistry in Slovenia.
The advantage of this organic molecule in the cathode material is that it enables storage of positive charge-carriers from the electrolyte, the solution in which ions move between the electrodes, which make possible higher energy density in the battery.
“Because the new cathode material makes it possible to use a more appropriate charge-carrier, the batteries can make better usage of aluminium’s potential. Now, we are continuing the work by looking for an even better electrolyte. The current version contains chlorine – we want to get rid of that,” says Chalmers researcher Niklas Lindahl, who studies the internal mechanisms which govern energy storage.
So far, there are no commercially available aluminium batteries, and even in the research world they are relatively new. The question is if aluminium batteries could eventually replace lithium-ion batteries.
“Of course, we hope that they can. But above all, they can be complementary, ensuring that lithium-ion batteries are only used where strictly necessary. So far, aluminium batteries are only half as energy dense as lithium-ion batteries, but our long-term goal is to achieve the same energy density. There remains work to do with the electrolyte, and with developing better charging mechanisms, but aluminium is in principle a significantly better charge carrier than lithium, since it is multivalent – which means every ion ‘compensates’ for several electrons.
Furthermore, the batteries have the potential to be significantly less environmentally harmful,” says Patrik Johansson.
Learn more: A new concept for more sustainable batteries
The Latest on: Aluminum battery
via Google News
The Latest on: Aluminum battery
- Lithium-sulfur battery maker approaching 500 Wh/kg targeton January 23, 2020 at 11:38 am
Lithium-sulfur battery prototypes developed by OXIS Energy have been successfully tested at ... Finely ground sulfur and carbon are combined with a polymer binder and applied to thin aluminum foil to ...
- II-VI Incorporated Introduces Water-Cooled Aluminum Variable Radius Mirror for 20 kW Laserson January 16, 2020 at 4:00 am
“These aluminum VRMs benefit from our high-durability dielectric ... Feb. 11-12, 2020, Booth #3 -- Battery Japan, Tokyo, Japan, Feb. 26-28, 2020, Booth #A16-6 About II-VI Incorporated II-VI ...
- Increasing Adoption of Lithium-Ion Batteries in Consumer Electronic Products Driving Lithium-Ion Battery Market: P&S Intelligenceon January 14, 2020 at 1:26 am
Lithium–Ion Battery Market Research Report: By Type (Lithium Nickel Manganese Cobalt Oxide, Lithium Iron Phosphate, Lithium Cobalt Oxide, Lithium Manganese Oxide, Lithium Nickel Cobalt Aluminum Oxide) ...
- GDU Mini V-Lock Batteries – 98Wh with Aluminium Backon January 13, 2020 at 3:15 am
GDU recently presented its V-Lock (V-Mount) batteries with aluminium back. What are their features? The new GDU Mini V-Lock batteries offer 98Wh capacity, which makes them carry-on safe according to ...
- The Best Budget Laptops for 2020on January 10, 2020 at 8:06 pm
Pros: Sharp-looking aluminum design for a budget machine. Excellent battery life. Touch display (as tested) looks great. Comfortable backlit keyboard. Big touchpad. Cons: Processor could use a ...
- Anodize Aluminum Easilyon January 10, 2020 at 4:00 pm
Sodium hydroxide isn’t super safe, but it is much less problem to buy, store, and use than battery acid. Aluminum naturally forms an oxide layer on its surface when exposed to air. Anodizing in ...
- Samsung Galaxy XCover Pro is a rugged phone with removable batteryon January 8, 2020 at 1:30 pm
For the most part, though, this design language resembles closely what other smartphone manufacturers keep doing: either glass-aluminum sandwiches or shiny ... back and–prepare yourselves–a removable ...
- 1000 km range with this electric car battery! Log9 Materials bets on aluminium fuel cellson January 7, 2020 at 11:37 pm
And hence, manufacturing cost can be considerably lower for aluminium fuel cells than lithium-ion battery packs. Another benefit of this technology is that the aluminium plates are exhaustive in ...
- Stealing Joules From An Aluminium-Air Batteryon January 7, 2020 at 4:00 pm
Experimenting with a few configurations, Hackaday.io user [will.stevens] has assembled an aluminium-air battery and combined it with a joule thief to light an LED. To build the air battery ...
- Meizu m3 note unveiled with a bang: aluminum unibody, massive battery, low priceon January 7, 2020 at 7:41 am
What’s totally unexpected is the m3 note’s colossal 4,100 mAh battery, which dwarfs the 3,100 ... The same goes for the aluminum unibody construction, though Meizu scores very few points ...
via Bing News


text:
Thomas Cook calls digital pitch
By Ian Darby, campaignlive.co.uk, Wednesday, 13 March 2013 11:21AM
Thomas Cook has approached agencies ahead of a pitch for its digital business.
The travel retailer is said to be on the hunt for an agency to overhaul its online presence, including its website. However, the full scope of the brief is unclear as talks are still at an early stage.
Mike Hoban, the Thomas Cook marketing director, is expected to lead the process of appointing an agency. He joined the travel company last year, having previously headed the marketing team at Confused.com.
Thomas Cook currently handles much of its digital activity in-house.
Last year, it appointed Havas Worldwide London to handle its advertising business. The agency created a campaign using the line "It's a wonderful world, explore it with us", which broke in March 2012.
However, Campaign's sister magazine Marketing revealed Thomas Cook was forced to cut back on some of its planned New Year 2013 marketing activity due to cost controls.
The group is heavily in debt but has embarked on a turnaround plan led by the chief executive, Harriet Green, and pre-tax losses declined in the final three months of 2012 to £127.9 million, down from £151.7 million in 2011.
Today, Thomas Cook announced £50m of additional cost cutting and disposals of non-core businesses as part of its turnaround plan.Follow @Darbs73
This article was first published on campaignlive.co.uk
- Senior Digital Designer Twist Recruitment £35000 - £42000 per annum + benefits, City of London
- Digital Media Senior Executive - Mobile - Leading Agency Ultimate Asset £23000 - £28000 per annum + Amazing Benefits, London
- SENIOR DIGITAL PLANNER - INTEGRATED AGENCY Live Recruitment £50000 - £70000 per annum, City of London
- Digital Marketing Manager - Ardington Ltd Ball & Hoolahan £Competitive Salary Package, South East
- Brand Activation Manager Ball & Hoolahan £36,000 + Car/Car Allowance, South East
- Sorrell says Publicis / Omnicom's 'merger of equals' is 'impossible'
- Gatwick rolls out 'guess the X-ray' competition
- iProspect appoints chief media officer among four senior hires
- Dove launches first cinema campaign with 'real beauty' sequel
- IAB: ad is 'viewable' if half of it is seen for one second
- Powerade launches global World Cup campaign


text:
Shell Brasil invested ~USD40m in Carbonext, a Brazilian carbon credit issuer for the Amazon rainforest.
(Reuters) – Shell said on Monday it has invested $40 million into a Brazilian preservation-focused company.
Carbon credit developer Carbonext runs preservation projects across more than 2 million hectares (4.9 million acres) of the Amazon Forest that are owned by companies seeking to capitalize on the carbon market.
Carbonext then generates carbon credits that can be sold. Shell will now have preferential access to the company’s carbon market, although will not receive discounted prices.
“Associating our company with Carbonext is an important step towards our goal of offsetting 120 million tonnes of CO2 a year by 2030,” Andre Araujo, Shell Brasil’s president said in a note, with the company also backing a global initiative to hit net zero in emissions by 2050.


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October 14, 2009 at 8:16 pm
The Mobinnova élan smartbook, which debuted at Computex in June this year, has undergone a name change. The 8.9-inch Nvidia Tegra-based smartbook will now be known as the Mobinnova Beam according to Laptop Mag.
From what we can tell there are no new hardware revisions. The Mobinnova Beam is still expected to play 720p HD video content and have a long battery life (5-10 hours depending on activity). This is all wrapped up in a chassis weighing just 836g and measuring 20.5mm in thickness.
The device is expected to run the Windows CE operating system and be sold similarly to current subsidized netbooks on the market. The device was expected to ship by the end of this year, but that date has slipped. Launch pricing as well as the carrier is expected to be revealed in January 2010 at the CES trade show. One of the pricing plans is expected to be $60/month although there are no details on length of contract or any upfront fees. We’ll bring you more news as we have it.


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Lord & Taylor Rolls Out Beacons To All Its Stores
Following a successful test trial of Swirl’s beacons, the department store chain is bringing the technology to all 50 of its locations.
Just in time for the biggest in-store shopping day of the year — Black Friday — Lord & Taylor is rolling out Beacons in all 50 of its stores. The high-end department store is continuing to use beacon technology provided by Swirl, which it tested out in several of its stores, says Rebecca Schuette, director of marketing at Swirl. Hudson’s Bay, the Canadian department store chain that owns Lord & Taylor, has also been experimenting with Swirl’s beacons. It, too, is bringing the technology on board to all 90 of its Canadian locations by the end of this month.
“We started working with Lord & Taylor and Hudson’s Bay back in July,” Schuette says. Between the two chains, 10 stores added Swirl’s beacon technology, all in major urban areas, Schuette says.
How It Works
Lord & Taylor is leveraging the Swirl Audience Network, which, Schuette explains “is a network of premium mobile app publishers.” They then tap into the SnipSnap app, a beacon-aware couponing app that Schuette says includes the Swirl SDK. Once those two key components are in place, the department stores are able to apply the in-store Swirl beacons.
“Any shopper that has downloaded the SnipSnap app and opted-in to location services through that app, when they walk into a Lord & Taylor and come within a certain vicinity of any one of those beacons, they’re sent a variety of different messages,” Schuette says, adding that these messages are based on several factors, including their shopping behavior and how much time they’ve spent in different departments. “All of those settings are configurable through the Swirl platforms,” she says.
As far as message content and the measuring of ROI goes, Schuette says she can’t speak for Lord & Taylor — who declined to comment — but does say that one of the types of beacon messages the department store chain implemented during the trial phase had “a conversion call to action.”
In this case, the opted-in, in-store consumer was offered a discount of some kind upon the purchase of a particular item. If the consumer bought the item, the sales clerk would scan the beacon-delivered mobile coupon to apply the discount. Lord & Taylor would have a record of all beacon-related purchases in this case, and tally them up to measure ROI. But that’s just one example, and Schuette suggests that Lord & Taylor may have been seeking insight into their consumer’s behaviors, as much as — if not more than — a payout at the register.
“I would say in the pilot realm, [Lord & Taylor] were really just looking to figure out what types of messages [its] shoppers would be interested in, and how many beacon experiences they’d be interested in.”
Beyond The Discount
Lord & Taylor has already begun its 50-store rollout of Swirl’s beacon technology, and it’s no coincidence that the department store is doing so in time for the prime of holiday shopping.
Schuette opines that Lord & Taylor “will have a competitive edge” over other retailers — even those in the pilot phase of testing beacons, “because they have rolled this out nationwide.”
The decision to expand the beacons was likely based on well-known consumer habits, Schuette suggests: “We know that consumers are looking at their smartphones while they’re in store. If you can get the right message to the right consumer at the right time, that’s when the magic happens.”
And that magic doesn’t have to exist solely in conjunction with discounts and deals. Schuette thinks that beacons can be used in far more creative, collaborative ways than just as a medium for coupons.
“Lord & Taylor sells the William Rast line of clothing, which is Justin Timberlake’s line,” Schuette says. “Wouldn’t it be interesting if, say, Pandora or Spotify, or [another] of the music apps could direct a shopper [listening to Justin Timberlake’s music] to the William Rast brand? Maybe you could [offer] a special Justin Timberlake download or something like that, all tied in right there.”
Indeed, shoppers are deal-sensitive, Schuette notes, especially around the holidays when they’ve got extensive shopping lists. But the ability to provide an exclusive, personalized experience is also important. In fact, in Schuette’s opinion, “that’s the future.”


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Konami has unleashed the latest project from the team at Love Plus Production upon the world. Fu-Un! Nadeshiko Collection launched back on Thursday via Japanese social networking service GREE and it looks pretty strange.
The game tasks players with the job of collecting women in an effort to save Japan from a national crisis. There are 47 young ladies in total, each of which is a personification of one of the country's prefectures (metropolitan areas). Only by uniting these emblems of national pride can Japan be saved from horrors such as Mt. Fuji being transformed into a giant pudding.
Yep. I wasn't kidding around when I said it looked strange.
Half a dozen PSone imports are making their way across the Pacific this spring courtesy of GungHo Online. A trio of titles have already arrived on PlayStation Network, with the rest completing their voyage come May 7. First o...more
Remember Conception? Yeah, that PSP dungeon crawler where the protagonist must save the world by having magical children with a dozen celestial maidens. Well, it's getting a sequel and publisher Spike Chunsoft seems keen on b...more
Otome games are a niche within a niche. Visual novels and dating sims focusing on romantic relationships from a female perspective, they've never quite gained traction outside of Japan. Maybe that's starting to change though....more


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KBI Biopharma, Inc. (KBI) said on Dec. 1 that it is establishing a new $150 million commercial manufacturing facility in Research Triangle Park (RTP).
The company said in a news release that it expects the 140,000-sq.-ft facility to be operational by the first quarter 2022. “KBI is co-investing in the facility with an undisclosed pharmaceutical partner to support manufacturing of their therapeutic protein programs, the statement said.
“KBI has helped to advance more than 300 molecules in more than 70 unique indications. By expanding our commercial manufacturing footprint with this facility, we are able to provide our partners with launch material and market supply”
“Expansion of our US-based cell culture operations is a key investment to support our clients’ commercialization strategies,” said KBI President and CEO Dirk Lange. “This state-of-the-art facility will leverage the latest innovation in automation and digitalization to best meet the needs for our clients.”
The new turn-key, design-build construction will utilize KBI’s proven single-use platform and provide supply reliability with redundant equipment, automation, and full utility backup, the statement says.The design enables flexibility to accommodate a variety of mammalian-based biologics manufacturing processes. It also includes a ring corridor for suite access and a “science on display” viewing corridor to showcase the facility to KBI partners.
The new RTP location will house up to six 2,000-liter, single-use bioreactor systems and associated harvest and purification equipment, which can produce more than 100 commercial batches annually. In tandem with the manufacturing operations, KBI will employ advanced analytical services for commercial product characterization and release testing capabilities to support commercial launch and routine supply.
The new site is located in close proximity to KBI’s RTP mammalian drug development labs in Patriot Park, a new multi-phase industrial park developed by Indianapolis-based Strategic Capital Partners. KBI collaborated closely with Cushman & Wakefield to secure this building near the Raleigh-Durham (RDU) International Airport.


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During yesterday’s July 22 quarterly financial review, Microsoft CEO, Satya Nadella hinted that company will be streamlining their efforts in regards to both Xbox Music, and Xbox Video leading many to believe that the company would be completely abandoning both of the media streaming services all together, but a series of tweets from Joe Belfiore, (Windows Phone’s Chief Operating Officer) on July 23, played down the rumor by stating that Windows Phone users will not be affected.
Microsoft has struggled to come to grips with the rigors of maintaining their streaming applications, and they have struggled to compete in the highly competitive media streaming segment which is dominated by the likes of Amazon, Netflix, Pandora, and Spotify.
The tweets from Belfiore state that the Windows Phone team has no plans to drop support for Xbox Music and Xbox Video, simply because the team that builds the mobile apps for tablets, PC’s and Phones is completely separate from the team that build the application for the Xbox. In a later tweet, Joe Belfiore went on record to say that the biggest update to Xbox Music is just a couple of weeks away, and that the latest release will fix the vast majority of performance related bugs, and will even add some new features.
There is no doubt that this news will please those who use the two services on the Windows Phone platform, even if the services have been plagued with issues since their inception. The Windows Phone 8.1 version of the Xbox Music app has been plagued with bugs, and performance issues since its release, but when working correctly the service is a joy to use, and can easily compete with other mainstream applications and services.
The common denominator coming out of yesterday’s conference call seems to be that the Xbox division within Microsoft will be the hardest hit under Microsoft CEO, Satya Nadella’s restructuring plans. Microsoft has already confirmed that the new Xbox Entertainment Studios would be shut down as part of the corporate shift, and that the company will focus solely on ‘pure gaming’ when it comes to the Xbox going forward.
Even though today’s tweets from Joe Belfiore state that the services will live on in the world of Windows Phone, you cannot help but think that overall support from Microsoft seems to be deteriorating when it comes to both Xbox Music and Xbox Video. If the two services fail to compete and bring in substantial revenue by the time the current quarter comes to an end, Nadella may well drop the hammer on the services altogether.


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Payday and the arrival of December are the driving factors behind today's expected cyber shopping surge, according to Sage Pay, which has predicted spending of more than £500 million.
“With just four weeks until Christmas, most of us will just have been paid, so Cyber Monday is traditionally the day when consumers rush online to do their Christmas shopping, said Simon Black, chief executive at Sage Pay.
“Given the breadth of shopping and payment options available to consumers, competition between retailers is greater than it’s ever been.
"Plus, with an emphasis on omnichannel and a host of newer payment technologies beginning to make their mark, retailers can find it difficult to stay that one crucial step ahead of the trends.”
More top news
There were at least 401 arrests at Notting Hill Carnival over the two days of celebration.
Amazon.com will soon launch a pilot scheme with a 30-hour workweek for select employees.
A clear evening across much of England and Wales


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Dry bulk shipping charter rates remain well below break-even levels, pushing vessel scrapping to record highs, though some market improvement is expected in the second quarter, according to Herman Billung, the CEO of shipping firm Golden Ocean, reported The Maritime Executive.
Day rates have plunged as China's slowdown reduced its iron ore imports while the market is flooded with brand new vessels entering the market, sending the Baltic Dry index to an all-time low of around 500 points in February from around 1,600 points a year ago.
"It's pretty brutal what's happening in the market right now, but in many ways it's the best medicine for the industry," Billung told Reuters in a telephone interview on Monday.
Oslo-listed Golden Ocean, part of shipping tycoon John Fredriksen's business empire, has repeatedly called on rivals to increase scrapping and order fewer new ship to restore the market's balance.
To read more, click HERE.


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Pratt & Whitney has appointed Citic Offshore Helicopter (COHC) in Shenzhen, China as a designated maintenance facility to maintain PT6C-67C engines for Leonardo AW139 helicopter customers in the country. COHC will offer line maintenance and mobile repair team services.
“Listening to the needs of our customers and bringing them the right solutions is of the utmost importance to us,” says Frederic Lefebvre, sales and marketing executive at Pratt & Whitney. “With the rapid growth of civil helicopters in China, we want to ensure our customers have more local and personal service. We are proud to launch this effort with COHC.”
Since first powering the Loening Air Yacht in China 90 years ago, Pratt & Whitney has grown its presence in major cities across the country, with 1,200 employees responsible for manufacturing, training, sales and customer service. Today, more than 3,600 Pratt & Whitney engines are in service in China, including the Pratt & Whitney GTF, PW100, PT6A, V2500 engine and APS3200 APUs. Pratt & Whitney engines and APUs currently power several domestic aircraft including the COMAC ARJ21 regional jet, the Harbin Y-12, Xi'an MA60, MA600 turboprops, and will power the MA700 regional turboprop. It also powers the country's business jet fleet with the PW300, PW500 and PW600 engines, and is proud to introduce its latest next-generation engine, the PW800.


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- The shares of Tesla Inc (NASDAQ: TSLA) have received a reiterated price target of $1,000 by Wedbush. These are the details.
The shares of Tesla Inc (NASDAQ: TSLA) have received a reiterated price target of $1,000 by Wedbush. And Wedbush analyst Daniel Ives also reiterated an “Outperform” rating on the company shares.
Tesla CEO Elon Musk gave praise to the domestic electric vehicle brands in China. And Musk noted that the automakers in China are some of the most competitive in the world. And Musk also highlighted the growth potential of the market in China along with the innovations by its rivals during recorded commentary for the World New Energy Vehicle Congress in Haina.
“Chinese consumers want a car with better-connected and more intelligent features, so we see great potential for connected, full self-driving vehicle growth in China,” said Musk in the statement via Barron’s. “I have a great deal of respect for the many Chinese automakers who are driving these technologies.”
One of the reasons why electric vehicle companies were so competitive in China is due those brands have sophisticated software development teams. Musk noted the importance of safety in Tesla’s design process and data security is considered the cornerstone of development across the whole industry.
Tesla has been scrutinized in China over regulatory concerns regarding data security and safety issues in the past year. And Tesla is facing increased competition from brands like Li Auto, NIO, and Xpeng. But Ives said that the public relations and safety concerns in China is a lingering headwind that is starting to reverse course.
Going forward, Ives said that there are several growth levers for the company for next year such as the expansion of supply capacity through the launch of the factory in Germany this year. And there is a growing electric vehicle demand, which is expected to continue well into 2023.
Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.


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Global market share of 1%. But market cap equals combined total of Toyota, Volkswagen (VW, Audi, Porsche, etc.), Daimler, GM, BMW, Honda, and Ford. Raised $10 billion in three months by selling shares.
By Wolf Richter for WOLF STREET.
Tesla is going to replace Apartment Investment and Management in the S&P 500 Index, S&P Dow Jones Indices announced Friday evening, fleshing out its initial announcement of November 16 that Tesla would be added to the index. The switch will become effective before the start of trading on Monday, December 21. Over $100 billion are estimated to flow in different directions as index funds have to unload Aimco and add Tesla. But they’ll position themselves ahead of time so they don’t have to all go out next Friday and buy or dump those shares in one day. In terms of Tesla shares, the index funds had a month to prepare.
The expectation that Tesla would be included in the S&P 500 index, and all the hype surrounding it, has been powering the last spike in my Quadruple WTF chart of the Year, which blew away and annihilated my Triple-WTF Chart of the Year of August 31, and my Double-WTF Chart of the Year of July 1, and my original WTF-Chart of the Year of February 4, which depicted the puny little 120% jump in one month, as noted in the chart below. Each of the prior three WTF points has been duly followed by a plunge (stock prices via YCharts):
All put together, Tesla shares soared 677% from the beginning of this year ($83.66) to the closing high on December 8 ($649.88). On Friday, TSLA fell $17 to close at $609.99.
Aimco dropped 4.4% Friday afterhours upon the news, after having plunged 37% so far this year.
With earnings per share of $0.50 over the past four quarters, Tesla has a PE ratio – if we’re still allowed to look at anything as antediluvian as a PE ratio – of 1,220 times earnings, when 10 to 20 is more typical for profitable automakers.
Based on its market capitalization, at the moment $578 billion, Tesla would be the sixth largest company in the S&P 500 behind Apple, Microsoft, Amazon, Google, and Facebook. And it would weigh over 1% of the S&P 500 index. This massive market cap is turning the otherwise fairly routine event of rejiggering the S&P 500 index into a global spectacle.
But Tesla has a market share of the global passenger vehicle market of about 1%. It’s just a small automaker. But Tesla’s market cap ($578 billion) is now about equal to the combined market cap ($582 billion) of Toyota (Toyota and Lexus), Volkswagen (VW, Audi, Porsche, and many other brands), Daimler, GM, BMW, Honda, and Ford – an amazing sight:
And Tesla has taken advantage of this situation: It has extracted $12.3 billion in new funds from investors via three stock sales this year — of which $10 billion in three months.
The latest stock sale, a $5 billion offering, was announced on December 8. And by December 9, it had sold all $5 billion worth of shares. This followed a similar $5 billion offering three months ago. And in March it had sold $2.3 billion of shares. This total of $12.3 billion come on top of the $20 billion or so it had raised since its IPO.
The inclusion in the S&P 500 has created a lot of demand for Tesla shares, and Tesla was more than happy to sell them into this demand at this huge big-fat share price. Now Tesla is swimming in investor cash, and it’s going to have to spend it.
Over the past four quarters combined, Tesla generated $28 billion in revenues, including “regulatory credits” – cashing in on government tax benefits has always been an essential part of Tesla’s business model. But it also had a huge amount of expenses and investments in plants and equipment, and it had to borrow money from Chinese state entities to build the Shanghai Gigafactory. That’s all part of the sordid business of being an automaker.
But in the third quarter, Tesla sold $5 billion in shares, with nearly no expenses attached to the cash, and in the fourth quarter so far it sold another $5 billion in shares, similarly with nearly no expenses attached to them (just a 0.25% fee to the investment banks that handled the sale). In other words, this is pure cash for Tesla.
At its net income rate over the past four quarters (around $500 million), it would take Tesla about 10 years to earn enough money from operations to equate one quarter’s worth of share sales. And you already know where I’m going with this…
At this rate, Tesla would be far better off just giving up on the sordid cash-consuming business of making cars and building factories and dealing with warranty issues and regulators and recalls and investigations into faulty suspensions and Autopilot fatalities and whatnot, and just focus on what it does best and pulls off flawlessly each time: Selling shares at hugely inflated prices.
It could sell them once a quarter on Autopilot, and no one would get killed, and it could shut down all its factories, and shed its people, and be done with pesky regulators and expenses. And investors, the way things stand, would love Tesla for it, no?
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Update July 14: Are you looking to buy a mask? We’ve put together a list of the Pittsburgh artists/makers who are making and selling masks.
Lots of folks are making and donating masks across the country and here in Pittsburgh. Here is a roundup of who is making masks and how you can get involved.
Note: this story is about volunteers who are making cloth masks; these are not medical grade masks.
Operation Face Mask Pittsburgh
A group of volunteers have organized to sew and distribute masks to individuals and organizations around Pittsburgh.
How you can help Operation Facemask Pittsburgh:
- Volunteer to help wash, cut, sew, masks
- Volunteer to drive or bike supplies and masks
- Donate money
- Donate supplies – fabric, ties, vacuum seal bags
Need masks? Operation Facemask Pittsburgh is giving masks away free of charge. You can request masks here.
- Essential workers
Follow Operation Facemask:
Radiant Hall has teamed up with the following local businesses to make and distribute masks around Pittsburgh:
- Firecracker Fabrics
- Cut & Sew Studio
- Pittsburgh Center for Creative Reuse
How you can help (mask) MAKERS PGH:
- Volunteer to sew masks at home. You can read the (mask)MAKERS PGH instruction sheet here.
- Donate materials
- Donate money
- Shop from the local businesses that are participating in this effort.
Where are the masks going?
(mask)MAKERS PGH is donating masks to grocery workers, funeral homes, pharmacies, gas stations, nursing homes, etc.
Abram’s Nation is a Pittsburgh manufacturer that makes products for special needs families including adaptive clothing. Abram’s nation is looking for volunteers who can help them to sew face masks.
How you can help Abram’s Nation:
- Pick up pre-cut fabric kits from their factory in Gibsonia and sew the masks, return the masks to Abram Nation for finishing. (via Next Pittsburgh)
Sewing for Angels “Todays Rosie the Riveter”
This Facebook group is coordinating volunteers to make masks that will be distributed to the health care community. Mary Beth Kratsas and Becky Auer are organizing sewers to make masks to be donated locally.
Sewing For Angels has set up drop off locations around the Pittsburgh area: North Hills, Monroeville, Penn Hills, South Hills, Southside & Washington, PA.
How you can help Sewing for Angels:
- Sew masks to be donated – join the Sewing for Angels Facebook group for more information.
- Donate money to the Sewing for Angels GoFundMe page
How health care facilities can request masks from Sewing for Angels?
Masks can be requested online here.
Pittsburgh & Allegheny County Masks for the People
This is a Facebook group where sewers are sharing ideas and others are requesting masks.
DIY Mask Patterns and Tutorials
Jenn Gooch has put together several tutorial videos for Operation Facemask.
The Washington Post has a roundup of DIY mask patterns.
Where to buy handmade masks in Pittsburgh?
Several people have asked where they could buy locally made facemasks. For almost all of the requests we’ve seen online, a mask maker offered to send one for free.
If you know of a local business that is selling facemasks, please let us know [email protected]


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EL PASO, Texas (KTSM) — A couple is accused of scamming a West El Paso Walgreen’s store out of $1,500 in pre-paid cards.
According to investigators, the couple walked into the Walgreen’s located at 890 N. Resler and the female suspect approached the employee at the register, convincing them she worked at another Walgreen’s location and needed some pre-paid cards that would be paid out of her employee account.
The suspects were able to get three pre-paid cards totaling $1,500 from the store before leaving. The pair then attempted the same scam at two other Walgreen’s store locations but were unsuccessful.
The couple is described as a black woman and man, both in their late 30’s or early 40’s with a large or heavy build. The male suspect had identifiable tattoos that can be seen in the surveillance photos below.
The couple left the Walgreen’s in a dark-colored Dodge Charger.
Anyone knowing the identity of this couple should call Crime Stoppers of El Paso immediately at 566-8477(TIPS), or online at www.crimestoppersofelpaso.org. You will remain anonymous and, if your tip leads to an arrest, you can qualify for a cash reward.


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Separate Drug Controller For AYUSH On CardsMinistry of AYUSH has asked the finance ministry to hike the budgetary allocation for propagation and promotion of AYUSH to an extent of Rs.2,700 crore for fiscal 2015-16 from present level of Rs.400 crore, its Minister of State (IC) Mr. Shripad Yesso Naik said.
Inaugurating a Conference on Mainstreaming Ayush: Cultural Heritage for Healing under aegis of PHD Chamber of Commerce and Industry, the minister also disclosed that the government have an independent drug controller for the AYUSH that will be separated from the drug controller of modern medicine.
The drug controller for AYUSH would be provided with sufficient teeth to regulate the AYUSH as per new policy prescription, who would also be provided with a mandate to issue the certificate of pharmaceutical products (COPP) for exports of AYUSH products, said the minister pointing out that manufacturers of AYUSH would not be required to run from pillar to post to obtain it from the current arrangements.
Recruitment rules are being finalized for the new drug controller and cabinet note being finalized for new regulations of AYUSH products under the new AYUSH health policy which would be unveiled very shortly, Mr. Naik said.
He indicated that budgetary allocations for AYUSH until now were meager at about Rs.400 crore for fiscal 2014-15 which need to be multiplied in view of the emerging importance of evolving AYUSH and the ministry has already proposed to the finance ministry to take it to the level of Rs.2,700 crore for the next fiscal, beginning April 2015.
The fresh standards are also being worked out to ensure that quality AYUSH products are made as per new policy prescription so that such products are well tested for their authenticity, credibility and quality.
In his welcome remarks, senior vice president PHD Chamber Mr. Mahesh Gupta urged the government to enhance the yearly allocation for AYUSH to an extent of 20% of the total health budget allocations so that money generated is utilized for the expansion, diversification and broad basing AYUSH.
Chairman, AYUSH Committee of PHD Chamber Mr. Pradeep Multani discussed several issues faced by the industry including issues related to COPP - Certificate of Pharmaceutical Products, Skill Development and Training for AYUSH Students, increase in AYUSH budgets, request for a system where export of AYUSH raw materials in not hindered by Forest Department officials of various States, Financial Support for establishment & Upgrade Drug Testing Laboratories. Subsidised Testing fees for micro and small AYUSH industry members to name a few. During his theme address, he focused on the small scale producers and manufacturers of AYUSH products.
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