text:
What do we think about things that are branded “made in China”? Most of us, if not all, think that these products are up to no good and will break down easily. But the trend in smartphone sales speak the opposite. Most Android smartphone buyers nowadays buy from Chinese brands like Xiaomi, Lenovo and OnePlus and have been shying away from Samsung, LG, Apple, and Sony. While Samsung and Apple are still occupying the top 1 and 2 spots respectively in terms of units sold, Xiaomi is slowly crawling up the leaderboard and slowly munching on the market share pie due to the success of their Xiaomi Mi4 android smartphone. What buyers love about the phone is that it offers same specs as other flagship phones at nearly half the cost. If only these Chinese companies take android rooting support seriously they can gain more ground on the techy/geek consumers.
With the imminent release of their newest flagship phone, the Xiaomi Mi5 this Ferburary 24, Xiaomi is projected to gain more android market share. The new phone boasts the Qualcomm Snapdragon 820 processor and will be paired with a 4GB RAM and could be priced at $300 to $500. On the outside, Xiaomi is no pushover either as leaked images of the upcoming phone show that it is one sleek device. I have to admit it looks pretty much like an iPhone (I hear the drum of coming lawsuits). If Xiaomi will improve their software package and give more android rooting support then I won’t hesitate to get the Mi5 and test it out for myself.
Although there are only a few phones that this company produces that support android rooting, what people like about Xiaomi is that this company offers the best hardware (processor, RAM, battery) out there available on the market then cram it up on decent looking handsets yet still give consumers a fair price. Not unlike the mighty Cupertino behemoth, Apple Inc., who is always looking for ways to misguide you and lead you to purchase their overrated and overpriced products.
Xiaomi is hoping that the hype surrounding their Mi5 will turn into great sales numbers. Consumers are also hoping that this company will continue to make more products with good quality and yet still retain its very fair pricing. If in the future this company will follow the path it is on right now, I am most certain that they can overtake Samsung and Apple.


text:
Affiliate links on Android Authority may earn us a commission. Learn more.
Samsung launches sub $95 Tizen phone for India
Samsung has launched its first Tizen powered smartphone for India, the Samsung Z1. The 4 inch device is very low-end, presumably to hit the target price point. At its heart is a 1.2GHz dual-core processor, it has 768MB of RAM and 4GB of internal storage. There is also a 1500mAh battery, which although it sounds small, is probably reasonable for a device with a 800×480 resolution display. In terms of cameras the Z1 comes with a 3.1 megapixel rear camera, and a VGA front camera with an auto face detect feature.
Besides the underwhelming specs, the big thing here is that the phone runs Tizen 2.3 and not Android. To make a Tizen based phone more attractive Samsung has gone to great lengths to bring some value-add to the Z1.
Users of the Z1 will get access to “a wide range of free entertainment content spanning across categories such as music, movies, videos, mobile TV and radio.” Samsung will also launch a free entertainment package called ‘Joy Box’, that gives Z1 users access to music, TV and movies. Samsung has also partnered with Hungama.com to deliver a wide selection of music available for streaming and downloading.
The Z1 also includes a SOS alert feature. If you press the power button four times, the handset will send out a ‘Help’ message to the user’s primary contacts and track the device’s location to provide necessary assistance.
As Mr. Hyun Chil Hong, President and CEO, Samsung India Electronics put it, “We have customized the Samsung Z1 to meet these unique, entertainment-focused needs of local Indian consumers for a personal and reliable mobile experience.”
The Z1 is a 3G device and works with India’s Reliance Communications and Aircel networks. The Samsung Z1 costs INR 5,700/- (just under $95) and will be available in India from January 14th in White, Black and Wine Red.
Since Samsung has similarly priced Android phones, what do you think is Samsung’s strategy with Tizen?

domain: news


text:
Ljubljana, 29 November (STA) - Slovenia's annual inflation rate remained level at 1.3% in November. Prices dropped 0.1% over the month before in what was the third month of deflation this year, on the back of price declines in the majority of goods and services categories, the Statistics Office said Friday.
At the monthly level consumer price growth was held down by cheaper oil, food and telecommunications services, which reduced the consumer price index by 0.3 percentage points.
Significant increases were registered only in the group footwear and clothing, which raised the monthly inflation rate by 0.2 points.
At the annual level price growth was driven by food and beverage prices as well as housing services, headlined by a 12.7% increase in electricity prices and a 7.5% rise in utility prices.
On the other hand, petroleum prices declined by 4.7%, shaving 0.3 percentage points off the annual inflation rate.
Prices of technology products such as phones and audio-video equipment recorded drops in excess of 5%.
The harmonised index of consumer prices (HICP), an EU gauge, was at 1.2%, up from 1.1% in October and down from 2.8% in the same month last year.


text:
Small businesses https/globalsummitoncrvs.org/ are facing rising inflation and labor costs, which could put a strain on their bottom lines. According to a recent survey by the National Federation of Independent Business, 47% of small business owners said they were concerned about inflation, and 42% said they were concerned about labor costs.
Inflation is rising at its fastest pace in decades, driven by factors such as supply chain disruptions and the war in Ukraine. This is making it more expensive for small businesses to buy goods and services, which could lead to higher prices for consumers.
Labor costs are also rising, as businesses compete for scarce workers. This is making it more difficult for small businesses to find and retain employees, which could lead to disruptions in their operations.
To cope with rising inflation and labor costs, small businesses may need to raise prices, cut costs, or find ways to increase productivity. They may also need to invest in new technology to help them automate tasks and streamline their operations.
The Federal Reserve is expected to raise interest rates in an effort to combat inflation. This could help to slow the pace of price increases, but it could also make it more expensive for small businesses to borrow money.
Small businesses https://casroannual.org/ are the backbone of the American economy, and they are facing some significant challenges. However, they are also resilient and innovative, and they will find ways to weather this storm.
Here are some tips for small businesses to cope with rising inflation and labor costs:
- Raise prices: This is a difficult decision, but it may be necessary to offset the rising costs of goods and services.
- Cut costs: This could mean reducing expenses on things like rent, utilities, and marketing.
- Find ways to increase productivity: This could mean investing in new technology or training employees to do their jobs more efficiently.
- Automate tasks: This could free up employees to focus on more important tasks.
- Outsource tasks: This could save money on labor costs.
- Partner with other businesses: This could help to share resources and costs.
- Get help from government programs: There are a number of government programs available to help small businesses, such as loans and grants.
Small businesses can also work together to advocate for policies that will help them succeed, such as reducing regulations and providing tax breaks. By taking these steps, small businesses can weather the current economic challenges and continue to grow and create jobs.


text:
MGM National Harbor opens with star chefs
Celebrity chef Marcus Samuelsson has long admired D.C.’s food scene — from the longstanding cuisine of its Ethiopian community to a new generation of chefs that has turned it into one of the nation’s premier food cities.
So opening Marcus at the $1.4 billion MGM National Harbor casino resort, which debuted last night, was a “no brainer” for the Top Chef Masters winner and Red Rooster Harlem owner.
“The restaurant scene in D.C. has gone through the roof, which is super exciting,” says Samuelsson, who has cooked at the White House. Marcus will serve comfort food all day in a 208-seat dining room and offer in-room dining for the 308-room hotel.
Marcus is one of three restaurants helmed by famous chefs at the Vegas-style resort, whose owners are betting that destination dining will reel in repeat visitors to the new Oxon Hill, Md. attraction, just outside of the District. D.C. restaurateur José Andrés, whose Minibar in D.C. received two Michelin stars this year, is opening FISH. Lobster jambalaya, Maryland crab cakes and Chesapeake oysters are among the signature seafood items. The deck, which overlooks the Potomac River, will turn into a crab shack during the warmer months, Andres says.
And brothers Bryan and Michael Voltaggio are debuting their first collaborative concept, Voltaggio Brothers Steak House. With a living room and library, the restaurant has been designed to evoke a home inside.
“It’ll literally look like you’re walking into someone’s house,” says Alison Bybee, MGM National Harbor’s vice president of food and beverage.
The resort includes two other full-service restaurants: TAP Sports Bar and pan-Asian restaurant Ginger. Pastry shop Bellagio Patisserie features a 12-foot-high chocolate fountain — a replica of the much-photographed one in Bellagio Las Vegas.
MGM National Harbor is the first MGM casino resort that doesn’t feature a buffet.
“We’re finding a lot more sophisticated diners who are looking for great, chef quality food,” Bybee says.
Guests saving their dough for the poker and blackjack tables can head to the National Market, whose 10 food and beverage stalls include cult favorite burger chain Shake Shack and Pappas Crabcakes. The latter is a favorite among locals, Oprah Winfrey, and MGM Resorts CEO Jim Murren and his wife Heather.
“We’re bringing in what the Murren family considers one of the best crab cakes you can find,” Jim says. “We’re finding local food gems that are unique to the region.”
The resort also features two nightlife spots: Felt Bar & Lounge and Blossom Cocktail Lounge. Samuelsson’s restaurant will contain a cocktail bar in the back, Sammy’s, whose name is an ode to the Rat Pack legend, Sammy Davis Jr. Gospel brunches, DJs and jazz music will be part of the entertainment.
His restaurant will feature dishes, like blackened catfish, which pay homage to the south. Others, like the fried whole chicken, will be familiar to guests of his New York restaurants. An open kitchen with an exposed grill adds to the vibrancy.
“My whole goal is to match the energy of the casino floor,” Samuelsson says.
Check out the gallery above for a closer look at the MGM National Harbor’s new flavors.


text:
As part of their new strategic plan to expand the lineup and increase the volume, Maserati will launch three new models in three different market segments. That’s kinda of a big deal for a small car maker like Maserati. The cars in question will include the new Kubang SUV, a mid-size sedan and the new Quattroporte. They are ought to increase Maserati’s production up to 50,000 vehicles a year by 2015.
The company’s future organizational and industrial structure plans deems the current facilities in the city of Modena inadequate to implement those targets. The plant is confined by the city limits and cannot be expanded for the added production.
To get round this problem they have invested over 500 million Euro in upgrading the Fiat-owned Officine Automobilistiche Grugliasco plant (ex Bertone). This facility will later on be used to boost Alfa Romeo’s production as well. Design, marketing and distribution activities for the entire product range, as well as production of the GranTurismo and GranCabrio will remain at the Modena headquarters.


text:
Seattle, Washington--(Newsfile Corp. - July 10, 2019) - CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry announces publication of an article and CEO video interview discussing FluroTech Ltd. (TSXV: TEST) (OTCQB: FLURF).
Regulations surrounding the legal sale of cannabis can be byzantine, to say the least. In North America alone, 33 U.S. states have their own rules about legal use of marijuana, albeit medicinal or recreational, while the plant remains illegal at the federal level. That is unless it contains less than 0.3% tetrahydrocannabinol (THCa), in which case it qualifies as hemp and is open to interstate commerce as of the start of 2019. Canada has made marijuana legal across the country, but only in flower and oil form, while it still works to hammer out legislation allowing edibles and other cannabis-based products.
Regardless of legislation, there is a common thread across cannabis and hemp in both countries: testing. Testing is at the root of the industry as guidelines lay out strict rules for potency and safety to protect the consumer. The problem is that the testing industry is highly fragmented with varying protocols delivering inconsistent results, an issue that can frustrate the complete supply chain from cultivator to consumer, as well as those providing oversight along the way.
FluroTech Ltd. (TSXV: TEST) (OTCQB: FLURF) is pioneering new technology addressing this nagging issue by bringing consistent testing in-house, a practice that can save resources and improve the bottom line. Using fluorescence spectroscopy and accompanying software, FluroTech's CompleTest™ is a portable, accurate and cost effective method for cannabis and hemp testing that can shave result times down to hours rather than days or weeks. Furthermore, the technology is user friendly and doesn't require highly trained scientists to perform the tests and analyze the results.
Cannot view this video?:
(If you are unable to see the video , click here)
THC and CBD First
FluroTech co-founder and CEO Danny Dalla-Longa recently told CFN Media's Laura Albers in an interview at MJ Micro Conference that the company has begun marketing its award-winning CompleTest™ for THC and cannabidiol (CBDa) with plans to "shortly" be expanding into testing of hemp.
THC and CBD are the two best-known components, called cannabinoids, of cannabis. THC is responsible for the "high" synonymous with ingesting marijuana, while CBD has been widely hailed for a bevy of therapeutic benefits ranging from reducing anxiety to treating difficult diseases like epilepsy and cancer.
Despite these two cannabinoids being at the core of the market, getting repeatable, reliable and accurate test results has been an industry challenge, even with today's machines costing up to $500,000.
Consider a study conducted by Washington Cannabis Farmers Council analyzing THC content in a cannabis strain across eight different labs.
The highest reported level (26.90%) was more than twice that of the lowest level (13.37%).
Obviously, the implications regarding potency are clear enough from a consumer standpoint. But, what about the cultivator? In Canada, many licensed producers model a 1% increase in potency leading to an additional 80 cents per gram in selling price. Using an average of, say, $10 per gram, that's an 8% increase in margin.
On that note, a recent study showed that growers using CompleTest™ were able to identify lighting solutions that increased potency by 50 percent. This was attainable owing to the ease of use to perform repeated tests and monitor the plant's qualities.
The savings and profits resonate with respect to ROI for the $18,000 investment for the CompleTest™ system unit (plus any costs for additional scopes and test kits). This goes without putting a figure on the price of confidence in product and potential expenses related to any undiscovered contaminants or inaccurate product labeling that can earn the ire of regulators and customers.
In a Class By Itself
Dalla-Longa is another example of a successful businessman (a partner at a large accounting firm in fact) that ventured into the cannabis space because of the opportunity. He teamed up with FluroTech CTO Dr. Elmar Prenner, a specialist in fluorescence spectroscopy and the brains behind the CompleTest™ technology, to address unmet needs in testing, which he identifies as accuracy, cost, timeliness and format.
"No one is really a competitor to us now because we're going to be offering a service to cannabis and hemp companies where they can do their own in-house testing such that as the plant is growing they will be able to test it, determine which inputs will give them the highest value for their crops," said Dalla-Longa in the interview. He continued, "Then when they have to go to the certified labs, or the outside verification, they will know what they've got when they get there."
Biomarker, People Testing and More
Without accounting for sales that are getting underway, Dalla-Longa says that the company has enough cash on hand to operate for about one year. However, part of the reason for presenting at the MJ Micro show was to speak with potential joint venture partners and align to raise capital for upcoming developments that will continue to differentiate the company from any potential future competition.
On the immediate agenda for FluroTech is finishing development of the cannabis testing technology for detecting pesticides, chemicals, mold and heavy metals, which is almost complete. The company also is working on cutting-edge biomarker technology where nanoparticles will be absorbed through a plant's root system and carried throughout the entire cannabis or hemp plant, effectively implanting a specific biological marker that will uniquely identify that plant throughout its entire life cycle.
Finally, FluroTech is working on what it simply calls "people testing." This is addressing different market segments for testing to identify consumer usage in environments such as roadside stops and work settings.
A Big Niche
Some may consider testing a niche as part of the massive cannabis market. Fair enough, but it is a very big niche already projected at $2.75 billion that is part and parcel to the business. FluroTech Ltd. (TSXV: TEST) (OTCQB: FLURF) is in the catbird's seat on this front with a first mover advantage and technology that is faster, more reliable/repeatable, accurate, and cost effective than traditional laboratory testing.
The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: https://www.cannabisfn.com/legal-disclaimer.
Please follow the link to read the full article on CFN Media: http://bit.ly/2LcwFlT
About CFN Media
For Visitors and Viewers
CFN Media's Cannabis Financial Network (CannabisFN.com) is the destination for savvy investors and business people profiting from the worldwide cannabis industry. Viewers will see breaking news, exclusive content and original programming involving the people, companies and investments shaping the industry.
For Cannabis Businesses & Companies
CFN Media is a leading agency and financial media network dedicated to the cannabis industry. We help private, pre-public and public cannabis companies in the US and Canada attract capital, investors and media attention.
Our powerful digital media and distribution platform conveys a company's message and value proposition directly to accredited and retail investors and national media active in the North American cannabis markets.
Since 2013, CFN Media has enabled the world's preeminent cannabis companies to thrive in the capital and public markets.
Learn how to become a CFN Media client company, brand or entrepreneur: http://www.cannabisfn.com/featuredcompany.
The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/46166


text:
The London-based streetwear label Maharishi has teamed up with global sportswear brand Nike to produce a vegan sports shoe from sustainable materials. The collaboration is the latest in a trend towards vegan and sustainable sportswear.
The vegan Air Max 90s are constructed from 100% organic cotton, naturally dyed with pomegranate and turmeric, and utilising sawdust from grinding down used shipping palettes for pigmentation. The shoes are to celebrate the launch of Maharishi’s flagship New York store. The fashion brand aims to produce “environmentally sound, fair-trade produced, long-lasting, high-quality, utilitarian clothing,” opting for “hemp as well as organic cottons and upcycled military clothing.”
The sustainable sportswear trend continues to grow. Mercer Amsterdam has released its first fully vegan sneaker, made 100% from pineapple, whereas Barcelona’s Rice Co. sells locally made footwear made from vegan and sustainable materials. Multinationals such as Adidas are also getting in on the act, producing trainers made from plastic pollution collected from shores and coastal towns, and British brand Gola recently launched a vegan range approved by the Vegan Society.
“With the rise of veganism as a lifestyle choice and with many of you querying which of our styles are vegan-friendly, Gola is proud to announce the launch of its Gola Classics Vegan range,” reads a company statement.


text:
If you’ve been cutting down on credit card purchases lately, you’re not alone. The Federal Reserve’s monthly report on consumer credit was released last Friday, and it shows that the total amount of revolving credit went down for the second month in a row, from $792 billion to about $790 billion. That may seem like a relatively small change, but considering that consumer credit card debt reached highs of over $950 billion just a few years ago it’s significant that the amount is now declining.
Whether that’s good news or bad news probably depends on your point of view. Here at ReadyForZero, we get excited about helping people eradicate their debt, and that means reducing (and in some cases eliminating) credit card spending on an individual level. So we’re proud of our small contribution toward helping that big huge number get a little bit smaller.
Of course, other people have different perspectives on the decline in credit card spending. While it’s a very good and healthy thing for individual consumers, for the economy as a whole it may not be so great. Lower levels of credit card spending (or any type of spending, really) are not particularly helpful since the economy relies on consumer demand and less spending tends to translate into less business for retail and service companies across the nation.
Ben Bernanke, the Federal Reserve Chairman, alluded to this when testifying in Congress last week. He said:
Consumer behavior has both reflected and contributed to the slow pace of recovery. Households have been very cautious in their spending decisions, as declines in house prices and in the values of financial assets have reduced household wealth, and many families continue to struggle with high debt burdens or reduced access to credit.
Regardless of how it will effect the economy, though, you as an individual need to tackle your debt and remain focused on conquering it. In the long run, having citizens who are personally in good fiscal shape and not drowning in debt will be a good thing for the economy and for our country.
So use this news as motivation to redouble your efforts to pay off your credit card balances, and know that you’re not the only one working to bring those balances down to zero!


text:
Microsoft and LinkedIn announced today that the tech giant has bought LinkedIn, a social networking site for professionals, for a whooping 26.2 billion USD valued at 196 USD per share. This is one of the biggest tech deals of recent times and of all time. Right now no structural changes are being made at the LinkedIn hierarchy as Jeff Weiner will remain the CEO. According to the announcement, LinkedIn will continue to work independently with its brand name.
Microsoft CEO Satya Nadella said, “The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals. Together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics as we seek to empower every person and organization on the planet.” LinkedIn CEO Jeff Weiner commented that this acquisition will write a new chapter for LinkedIn. Linked has over 433 million users.


text:
Beauty retailer Sephora, owned by French luxury group LVMH, will open its first store in Korea on Oct. 24, the group said Monday.
Sephora said it has decided to enter Korea amid growing interest here in multi-brand health and beauty stores.
“It is exciting for us to introduce Sephora to the Korean market, which leads the global beauty trend. Korea is one of the most dynamic markets in Asia. I expect Sephora will serve as a place to exchange domestic and global beauty trends,” said Benjamin Vuchot, president of Sephora Asia.
Sephora’s first store will span 547 square meters in Parnas Mall in Samseong-dong, Seoul.
The retailer plans to open five brick-and-mortar stores and an online store by 2020, and 13 additional stores by 2022. All stores will have beauty advisers to help consumers find products suitable for their skin types, it added.
“It is expected that Sephora would have continuously considered entering into Korea, as Korea is a powerhouse in the beauty industry,” said Jade Lee, a service and payment analyst at Euromonitor International Korea.
Lee also noted that Sephora’s target customers in their 20s and 30s are likely to already be familiar with the retailer through e-commerce and overseas travels. The main products offered by Sephora here may be its popular brands like Hourglass as this could differentiate it from other health and beauty stores like Olive Young, Lalavla and LOHBS, Lee added.
By Kim Da-sol (email@example.com


text:
Make sure employee uniforms help, not hinder, customer service and staff satisfaction.
Joseph 'Joe' Lutey, 32, retail manager at Wojo's Greenhouse, survived by wife, son.
Twenty-five winners have now been chosen for the gardening year.
Coastal and nautical items were big as well as 'glamorous' holiday decorations.
The trade show has been rescheduled for March 10-11.


text:
The Economic Development Commission (EDC) met for its monthly meeting last week and continues to take on new roles and issues to its agenda, according to a press release the group issued.
Kathleen Alagno, President & CEO of the Milford Chamber of Commerce, reported on the success of Milford’s third annual restaurant week, which took place from October 5 to October 11. The event is a collaboration between the Milford Chamber of Commerce, Inc., its Restaurant Council, and the Downtown Milford Business Association. Twenty-seven restaurants offered affordable dining choices via special multi-course price fixed fare. Survey data shows that the event was a success, both for restaurants as well as patrons, Alagno reported.


text:
By Justin Crum, Youth Development Manager
Perhaps you saw it on ABC 7 or News 12, or maybe you read about it in the Amsterdam News, AM New York or The New York Times. Word was out over the summer about the Food Bank’s Change One Thing food truck, which was on the streets of New York City for nearly 8 weeks during the summer.
The truck is part of our Change One Thing social marketing campaign, now in its third year. “Change One Thing” is a simple message for teens that emphasizes the ease of making healthy decisions. One small step each day is enough to make a difference. Each year, we’ve tried to cut through the barrage of unhealthy messages aimed at teens in New York, beginning with graffiti murals and radio-sponsored events. This summer, we decided to take another step, bringing an interactive message to teens where they hang out: pools, parks and summer events. The truck distributes small food items to taste, including low-calorie fruit pops, fresh fruit and water, as well as recipe books. It also houses a video game, designed specifically for this campaign. The game, a mix of nutrition-related trivia and quick food decisions, was a hit at all of our stops this summer, especially amongst those that won prizes for their skills!
I was always excited to visit the truck. We’re so used to seeing questionable representations of teens on the media, it’s nice to see real NYC teens gathered and engaged around something positive. The first day the truck was out in the city this year was in Brownsville, at the Betsy Head pool. As I showed up on the elevated 3 train, I was able to see a crowd gathering in front of the truck. Walking from the station to the park, I saw a steady stream of kids and teens walking away from the park with big smiles on their faces, and healthy snacks in hand. Our first day was an unmitigated success. Maybe you saw the truck at a community event, park or pool over the summer and were convinced to Change One Thing!


text:
Kenya Tourism Board confident of tourism sector growth despite polls fever
By Macharia Kamau | January 5th 2017
Kenya Tourism Board (KTB) is confident of sustaining the sector’s growth momentum from last year despite 2017 being an election year.
Past elections have always dampened prospects for the industry, with heightened political noise resulting in reduced tourists to the country and a decline in industry revenues.
KTB Chief Executive Betty Radier said the industry is expected to sustain the recovery experienced in 2016.
She said the marketing agency and the Ministry of Tourism had put in place mechanisms to ensure continued growth even in the face of what is expected to be a hotly contested general election.
These include a unique repackaging and intense marketing of the country in different tourist source markets and increased security to reassure prospective visitors. KTB is also banking on the growing domestic tourism.
“We are evaluating the country’s tourism products to determine strategic advantages and destination package differentiation opportunities,” said Dr Radier.
“There has also been an increase in tourism consumption from the domestic market. Kenyans are now discovering and exploring their country beyond the beach product.”
In 2016, the industry appears to have turned the corner after four years of decline. In the nine months to September, tourist arrivals to Kenya stood at 983,876, a 12 per cent growth compared to 874,544 tourists over a similar period in 2015.
In September last year alone, the country received over 2,400 cruise tourists.
“The Kenyan tourism recovery trajectory indicates a steady momentum. We project more cruise ships calling at the port of Mombasa and increasing bed occupancy across international and domestic tourism. We have also noted an increasing destination interest from traditional and non-traditional source markets,” said Dr Radier.
The industry had from 2012 experienced challenging years occasioned by a series of terrorism attacks. These resulted in key source markets including the UK and US warning their citizens against travel to Kenya, which in turn saw a decline in visitor numbers and industry earnings.
Data from Kenya National Bureau of Statistics (KNBS) shows tourism earnings declined to Sh84.6 billion in 2015, from Sh87 billion a year earlier. Earnings have declined over the years from Sh97 billion in 2011. Arrivals went down to 1.18 million visitors in 2015 from 1.35 million in 2014.
Chimphondah: The man putting Shelter Afrique’s house in order
- Gideon and ICT committee laud Konza City's project progress
- Court bars CBK's migration of banks to foreign payment firm
- Forex reserves drop by Sh27b after debt repayment to China
- KQ gets nod to evict rival airline 748 from JKIA property
- Retracing the rise of Nairobi bourse from colonial-era free fall


text: Want to keep up with the latest earnings updates from the States? Well join Chris Hill and the Motley Fool Radio Show team here on Share Radio, direct from Washington DC, for news, views and analysis of the US stocks that matter. In this week's show: Amazon fails to impress Wall Street; Microsoft reports some cloudy returns; And Facebook connects. Analysts Andy Cross, Ron Gross, and Jason Moser discuss these stories and dig into the latest from Apple, eBay, MasterCard, PayPal, Tesla, and Visa. Plus, Wall Street Journal editor Nat Ives talks about the business of Super Bowl marketing.


text:
The new Orlando Pirates FC home and away jerseys for the 2016/17 season, available from adidas, have gone back to the club’s traditional colourways.
While the home jersey retains its traditional black colourway, the three stripes (typically in white) are now in light grey. The jersey also features a Mandarin collar, instead of a v-neck as before.
The away jersey, however, sees a dramatic colour change: now it’s available in its more traditional white instead of the red used in previous seasons, as requested by supporters, and has black stripes across the shoulders. This jersey sports a v-neck, instead of the home jersey’s Mandarin collar style.
While the aesthetics of the new kit is steeped in tradition, the technology is of today. ClimaCool technology provides a mixture of heat and moisture controlling materials, ventilation channels and 3D fabrics to improve air flow to the skin in key heat zones. This keeps the body comfortable, no matter if warm or cold.
“Orlando Pirates is a club steeped in great history, and as we approach our 80th Anniversary, we felt that it was important to honour certain elements of that history in the executions of our new jerseys,” says Tokoloho Moeketsi, Orlando Pirates Brand Activation Manager.
The home jersey will be worn for the first time on the 24th of August against Golden Arrows at Orlando Stadium.


text:
The SIGGRAPH conference is a five-day interdisciplinary educational experience including a three-day commercial exhibition. SIGGRAPH is recognized as the most prestigious forum for the publication of computer graphics research.
BANGKOK, Thailand, 5 December 2017 – SIGGRAPH Asia 2017 wrapped its 10th edition on a high note. This year’s edition brought together some of the biggest names and organizations in the computer graphics and interactive techniques industry. Held from 27 to 30 November 2017 at Bangkok International Trade and Exhibition Centre (BITEC), Asia’s premier graphics, […]
Hosted in Bangkok for the very first time, SIGGRAPH Asia showcases the region’s best minds in computer graphics and interactive techniques BANGKOK, Thailand, 13 September 2017 – The region’s best minds in computer graphics and interactive techniques are set to convene in Bangkok, Thailand for the annual SIGGRAPH Asia. Held from 27th to 30th November at the Bangkok International Trade and […]
MACAO, 26 October 2016 – Themed “Key to the Future”, SIGGRAPH Asia 2016 explores the next frontier in computer-generated imagery (CGI) and immersive environments: Virtual Reality. Widely known for its in applications for videogames, live events and entertainment, Virtual Reality is increasingly being applied across a wide range of traditional industries including engineering, education, healthcare, […]
MACAO, 26 October 2016 – At the 9th ACM SIGGRAPH Conference and Exhibition on Computer Graphics and Interactive Techniques, the exhibition promises to be a thrilling experience for attendees, who will witness how to apply state of the art hardware and software solutions to their art at the show. SIGGRAPH Asia attracts over 6,000 professionals […]
The annual event showcases the world’s top professionals, academics and creative minds who are on the forefront of digital imaging, research, science, art, animation, gaming, interactivity, education and emerging technologies. MACAO, China, 3 October 2016 – According to a report by Statista, the virtual reality hardware market is estimated to reach a value of US 7.3 […]


text:
According to Fortinet, StealthWorker is a brute-force malware that has been linked to a compromised e-commerce website with an embedded skimmer that steals personal information and payment details. Before hackers can embed a skimmer, however, the first requirement is for hackers to gain access to their target’s backend. Hacker’s commonly take advantage of vulnerabilities in the Content Management System (CMS) or its plugins to gain entry into the target’s system. Another, simpler option is to use brute force attacks. Though quite slow, this method is still effective against administrators using weak or commonly used passwords.
Synology warns of malware infecting NAS devices with ransomware
New Golang brute forcer discovered amid rise in e-commerce attacks
StealthWorker Go WallyShack
There is no Yara-Signature yet.


text:
LONDON — Vodafone reported weak quarterly sales figures on Thursday, confirming that the British cellphone carrier was still suffering from Europe’s financial problems.
The company said its service revenue, when adjusted for foreign exchange movements and other one-time charges, fell 4.8 percent to 9.9 billion pounds, or roughly $16.1 billion, in the last three months of 2013, compared with the same period a year earlier. Service revenue refers to sales from voice, data and messaging services.
The financial update did not include a report on Vodafone’s profit, though the company said it still expected to generate operating profit of £5 billion for its full year, which ends in March.
Vodafone, which is expected to complete the $130 billion sale of its 45 percent stake in Verizon Wireless later this month, said its European operations continued to struggle as a result of the Continent’s economic woes, particularly in southern Europe, where countries like Spain are grappling with double-digit unemployment.Continue reading the main story
In contrast, Vodafone’s smaller but fast-growing businesses in emerging markets like India reported increases in quarterly revenue, as a rising number of consumers spent more on voice and data packages for their cellphones.
“In Europe, conditions are still difficult,” Vodafone’s chief executive, Vittorio Colao, said in a statement. “Our emerging market businesses are growing strongly, supported by consistent execution and accelerating demand for data.”
When adjusted for one-time costs and currency changes, Vodafone’s service revenue in Europe fell 9.6 percent, to £6.5 billion, in the last quarter of 2013. The company’s service revenue in emerging economies rose 5.5 percent, to £3.2 billion, over the same period.
Vodafone, one of world’s largest cellphone carriers, and its European rivals, like Orange of France, are facing regulatory challenges as policy makers push for increased competition among the Continent’s operators.
In Germany, Vodafone’s largest market, the company’s service revenue fell 7.9 percent to £2.1 billion, as competing carriers vied to attract consumers, who are increasingly looking to spend less on their cellphone and cable packages.
The British operator agreed last year to buy the German cable company Kabel Deutschland for 7.7 billion euros, or $10.4 billion, to increase its broadband and pay-television offerings to compete with the likes of Deutsche Telekom.
Vodafone also is reported to be in talks to acquire the Spanish cable operator ONO in a deal that could be worth around $10 billion.
Last month, AT&T, the American telecommunications giant, squashed speculation that it was in talks to buy Vodafone.
Despite the weakened performance in the fourth quarter, Vodafone said it expected an increase in its revenues during 2014 as consumers switch to faster — and more expensive — high-speed data networks.
The British company has announced plans to spend billions of dollars over the next two years to upgrade its infrastructure to so-called fourth-generation networks.
The French-American telecommunications firm Alcatel-Lucent is one of the companies that manufacture 4G infrastructure. It reported a €134 million profit on Thursday for the three months through Dec. 31.
That compares with a €1.4 billion net loss for the same period last year. Alcatel-Lucent is carrying out a restructuring plan that includes cutting an estimated 10,000 jobs from its global work force.
As part of that strategy, the company said it had agreed to sell its networking and services business aimed at corporate clients to the Chinese firm China Huaxin for €268 million. Alcatel-Lucent said it would retain a 15 percent stake in the company and the deal was expected to close in the second quarter.
Alcatel-Lucent’s shares had jumped 8.4 percent in afternoon trading in Paris on Thursday, while Vodafone’s stock price had risen 3.1 percent in London.Continue reading the main story


text:
The Development Bank of Zambia (DBZ) has funded the Zambia Cooperative Federation (ZCF)– to roll out high capacity milling plants in maize producing regions of the country as a way of mitigating high mealie meal prices.
ZCF Chief Executive Officer James Chirwa says the Cooperative has already received the first disbursement of the funds and is spending nine point eight million dollars to set up huge milling plants in Luanshya and Mbala Districts.
Speaking after touring the Milling Plant constructed by the Mine Workers Union of Zambia in Chambeshi, Mr Chirwa said ZCF is taking milling plants to maize producing areas so that it can add value to the maize.
And Mine Workers Union of Zambia President Joseph Chewe said the union has decided to venture into various businesses as a way of participating in the diversification of the economy.
Mr Chewe says the Union through its holding company Shimaini Investments, will create a lot of jobs to ensure that people have a source of income.
Meanwhile, The Nakonde Milling Company in Muchinga Province has further reduced mealie-mealie prices for its consumers.
This has been confirmed to ZANIS in an interview today by Nakonde Milling Company Director of Finance Willa Mung’omba.
Mr Mung’omba said a 25 kilogram bag of Mealie-meal is being sold at K65 while a 10 kilogram bag of breakfast meal is going for K30.
Mr Mung’omba added that the reduction in mealie-meal prices by the local company is attributed to the adequate and availability of raw materials such as maize.
Mr Mung’omba noted that the reduction in mealie-meal prices is a way of giving back to the community.
In January this year, Nakonde Milling Company reduced the price of mealie meal from K170 to K75 and later to K68.
The setting up of Nakonde Milling Company through a loan from the Citizen Economic Empowerment Commission (CEEC) has stabilized and recorded a dramatic reduction of mealie meal in Nakonde by over 100 percent.


text:
Those are just a few of the reasons fueling the popularity of the Nexton communities near Summerville, just 25 miles northeast of downtown Charleston. A 12-year-old master-planned community, Nexton has luxuries like swimming pools, walking trails, playgrounds, and community centers.
). Disclaimer. This document is an English translation of the original document in Japanese and has been prepared solely for reference purposes. In the event of any discrepancy between this English translation and the original in Japanese, the original shall prevail in all respects. Consolidated Financial Results...Company name. NexTone Inc ... - ... NexTone Inc.
SUMMERVILLE — Developers of a Nexton neighborhood have announced that a long-awaited traffic light at a dangerous intersection is finally on its way. A spokeswoman with Brookfield PropertiesDevelopment confirmed that in the next 30 days, drivers should see a permanent traffic light at the Nexton Parkway and BrightonParkBoulevard intersection.
New bank branch in Nexton. First Citizens Bank has opened a new full service, 4,500-square-foot branch in the Nexton development at the corner of Nexton Parkway and CrossPark Drive, at 107 First Citizens Way, Summerville... “Our new Nexton office is a significant investment in our community and a prominent addition to our bank.
SUMMERVILLE — A Florida-based supermarket chain plans to build a new grocery store directly across the street from a competitor's future location in the growing Nexton community west of Charleston... 17 it has signed a lease for a new store on the western side of Nexton Parkway where BrightonParkBoulevard currently deadends.
SUMMERVILLE — The interchange for Nexton Parkway on Interstate 26 opened in 2018 about 25 miles from downtown Charleston, and unlike the Summerville exit two miles to the south, much of it remains undeveloped ... Summerville annexed about 1,000 acres in 2020 on the northwestern quadrant of the interchange across from the developing Nexton community.
SUMMERVILLE — A Summerville Instagram influencer who lost more than 100 pounds by changing her diet is capitalizing on the popularity of veganism by opening a new smoothie shop in the Nexton community ... At her heaviest, Chong says she weighed 253 pounds and was also pre-diabetic ... DavidQuick. Vegans gone viral, couple turns heads on Facebook ... Health ... .
SUMMERVILLE — October marks a year since three members of the Freeman family lost their lives in a fatal collision at a Del Webb Nexton neighborhood intersection. Since that day, residents have pushed for safety improvements where Nexton Parkway and BrightonParkBoulevard meet ... Nexton Parkway connects directly to Interstate 26.


text:
- Foodies, this one's for you!
Singapore's most loved food delivery service, Deliveroo, has launched Deliveroo Plus, a new island wide subscription service. The new service, priced at only S$10.90 a month, enables customers to get unlimited free delivery, plus exclusive discounts every month.
Customers can get their first month of Deliveroo Plus completely free. Subscribers will also have access to exclusive monthly promotions from some of the nation's favourite restaurants, which will roll out gradually over the next few weeks.
Let's talk $$$
Foodies will save the usual $3 delivery fee on every order when they sign up for Deliveroo Plus. More than half of Singapore's food delivery app users order-in more than three times a month. Dine in five times to save over $4 a month, six times to save over $7 a month, and so on!
Deliveroo Plus is being rolled out in Singapore following successful trials in the UK, which saw 50% of customers saving £25 ($45) in the first two months. One in 10 customers saved over £75 ($135)!
Sidharth Shanker, Deliveroo's General Manager in Singapore said, "Deliveroo Plus presents a fantastic way for us to offer better value for money to customers. The UK launch showed us that people really do love the service and Deliveroo is working on making it even better with tons of additional promotions, rewards and discounts from their favourite Deliveroo restaurants."
Sign up for free today
From today, customers in Singapore will see the option to sign up to the Deliveroo Plus service on their basket at checkout and in the 'Account' section of the app and website. So what are you waiting for, sign up today and start seeing the savings roll in!
All customers are eligible for their first month free if they sign up by November 2018.
In other tasty news
The launch of Deliveroo Plus follows Deliveroo's recent launch of the world's first Food Market. Powered by Deliveroo Editions, super kitchens that house delivery-only restaurants, Deliveroo's Food Market seamlessly connects multiple restaurant POS systems with a single customer order, giving customers the option of selecting dishes from different restaurants in the same order.


text:
Bluestreak closes US$20 million Series D financing
A favourite Wellington Financial Fund III deal is Montreal’s Bluestreak Technology. We provided a combo $5.5 million venture debt and operating line facility in January, joining existing investors BDC Venture Capital, Fonds FTQ and First Capital of Dallas. Earlier this morning, Bluestreak announced that France-based Iris Capital has led a US$20 million Series D round. A Korean investor, Tomorrow Group, is also joining the round. And we are staying in, as well.
Our deal was designed by VC Steve Abrams to give the company the True Growth Capital ™ needed to continue to execute on its business plan. The success of Series D round speaks to the opportunity we saw last winter. As does Espial’s (ESP:TSX) recent successful IPO.
Here’s an excerpt from the press release:
Over the past months, Bluestreak has signed numerous deals, including partnerships with Symbian and ACCESS, to establish MachBlue as the go-to platform for the development of rich-media applications on mobile phones and digital TV devices.
Alexander Wiedmer, partner at Iris Capital, stated, “We believe that Bluestreak’s unique technology is poised to capture a sizable market share in Europe as operators look to leverage content through rich media applications. Orange’s success with its Bluestreak powered applications in France has already validated this approach.”
Tomorrow Group Chairman Il Ho Kuk said that “Bluestreak’s technology represents the cutting edge in the rich media field. We look forward to working together on the many business opportunities for the company in Korea.”
“All areas of Bluestreak’s business are witnessing incredible growth, especially in Europe and Asia. We are pleased to accompany them in this next growth phase” said Jacques Bernier, SVP information technologies, telecommunications, and industrial innovations at Solidarity Fund QFL. Steven Abrams, Director, BDC Venture Capital, added: “Bluestreak has been building solid traction in the market and this funding will allow the company to execute on these opportunities.”
Bluestreak CEO Paul Forostowsky commented; “This has been a breakout year for Bluestreak. Since the beginning of 2007 we’ve announced JAVA and BREW versions of MachBlue Mobile and new partners in Dutch operator KPN and Thomson on the DVB-H side. Our digital TV business has also been growing substantially, with great strides in the IPTV sector. This latest round of
financing, propelled by geographically diverse investors, will allow Bluestreak to further consolidate our position in the fast-growing rich media market and to continue winning major accounts worldwide including in the Chinese and Korean markets.”
Congrats to everyone on the Bluestreak team!
What partnerships with Symbian have you signed?
Thanks for the question. This is from a March press release:
MONTREAL – March 22, 2007 – Bluestreak Technology, developer of the award-winning MachBlue™ platform for mobile and television, today announced it has joined the Symbian Platinum Program, a move that signals its continuing support for the growing market of Symbian smartphones. Symbian develops and licenses Symbian OS™, the market-leading operating system for smartphones. Symbian OS is licensed by the world’s leading mobile phone manufacturers and to date, more than 110 million Symbian smartphones have been shipped worldwide to over 250 major network operators.
Smartphones represent the fastest growing segment within mobile, growing at 46.6% compared to mobile at 21% year on year growth Q305 to Q306 reported analyst firm IDC. With IDC’s forecast of cumulative global shipments of smartphones due to pass the one billion mark by 2011, Symbian OS represents one of the biggest commercial opportunities in mobile.
MachBlue, which enables rich-media applications, runs Flash®-formatted* files on mobile phones and digital TV set-top boxes. “The open standards and flexibility of Symbian OS are driving the kind of innovation that allows Bluestreak to fully demonstrate the power and value of MachBlue,” said John McCalla, CTO of Bluestreak. “By becoming a Symbian Platinum Partner, we can expand the reach of our platform and further cement our relationships with network operators, device manufacturers, and Symbian smartphone users.”
“With the accelerated worldwide adoption of Symbian smartphones , we are always looking for new ways to enrich the user experience through the development and provisioning of rich-media content and applications that deliver appreciable value to handset manufacturers, operators and end-users,” said Jerry Panagrossi, vice president of US operations, Symbian. “Bluestreak’s MachBlue technology enables operators to launch fully integrated triple- and quadruple-play solutions that offer unified, branded user interface experiences across both smartphone and digital television networks.”


text:
COAX and Integra5 team up
Headend and networking products manufacturer Coax and Integra5, a developer of unified messaging, are blending their technologies to develop UniTVO, a broadband messaging application using Coax's programmable headend architecture.
"Our MISTICO headend router and Integra5's UniTVO content-aware gateway will operate with a variety of existing set-top boxes and will require no additional customer premises equipment," said Jeffrey Fry, Coax's chief business officer.
The companies hope that their messaging product will do for personal communication between friends and family what e-mail has done for business communications.
Check out both companies at the Texas Cable & Telecommunications Association (TCTA) Convention in San Antonio, beginning February 25.


text:
Silversea Cruises has opened sales on sailings aboard Silver Moon to the Eastern Mediterranean, departing from Greece from June 18, 2021.
The cruise company unveiled a collection of nine voyages — each 10 days in length — which will sail round-trip from Piraeus (Athens), taking in many of Greece’s most beautiful destinations, such as Santorini, Paros, Mykonos, and Crete, among others, as well as Haifa (Israel) and Cyprus.
Roberto Martinoli, President and CEO of Silversea Cruises, said: “The entire team at Silversea, our colleagues at the Royal Caribbean Group, and our loyal guests have been waiting for this incredible news for over one year. We are delighted to open general sales on our new Silver Moon itineraries in the Eastern Mediterranean.”
Martinoli continued: “Our guests are yearning to continue their travels, exemplified by the unprecedented demand we are currently registering. We are excited to introduce them to our beautiful new flagship Silver Moon, as they travel deep into Greece, Israel, and Cyprus. On behalf of the entire Silversea team and our valued guests, we extend our deepest gratitude to Greece’s Honorable Minister Harry Theoharis, Ministry of Tourism – Hellenic Republic; port authorities; and other governing bodies for their valued support and their openness to collaboration. Greece has long constituted a key destination for our cruise line and we are thrilled to resume sailing in this magnificent part of the world.”
Sail on over to https://www.silversea.com/lp-silversea-return-to-sailing.html to learn more about Silversea Cruises new collection of cruises.


text:
The Toyota 2000GT now celebrates 50 years since going on the market, and to commemorate its sports coupe the automaker is interviewing someone who actually has one of the rare models. Jane Weitzmann has owned her 2000GT for about nine years, and a restoration in the U.K. revealed the car had a dramatic history before entering its latest owner’s collection.
At some point, Weitzmann’s 2000GT was apparently involved in a shootout because restorers found a bullet hole in the door. Based on the shot’s location, Weitzmann speculated it likely hit the driver’s thigh and possibly caused the person to wreck the car. This potentially explained the front-end damage her 2000GT had before the repairs.
Now, Weitzmann’s coupe is immaculate, and Toyota believes that it’s the only road-worthy example currently in the U.K. "The car is beautiful, the epitome of a proper little sports car with beautiful proportions, perfect engineering, perfect set-up and a lovely car to drive," she said. "It’s the joy of being able to throw her round a corner, knowing she’ll go exactly where you tell her to."
The 2000GT showed that Toyota had the talent to create a car as good as what was coming out of Europe. The coupe’s pack a Yamaha-tuned 2.0-liter inline six making around 150 horsepower (112 kilowatts) – although there are a handful of more powerful 2.3-liter examples. The company then crammed the engine into a svelte, two-seater coupe with an aluminum body.
Toyota first showed off the prototype in 1965, and Yamaha started assembling them for the automaker in 1967. When production ended in 1970, it had only built 351 examples. Among them were a pair of specially prepped 2000GTs for the James Bond film You Only Live Twice. Sean Connery’s height made getting into the low-slung coupe a tight fit, but slicing off the roof solved the problem.
Today, the Toyota 2000GT has the rarified position among classic Japanese sports cars of being able to bring $1 million or more. Check out the video below for a little more background about these rare coupes and for a chance to hear its raspy engine.
I have this love/hate relationship with automatic car washes. I like a clean car. I want to use those soft touch kind
There is “no reason” why Amazon won’t start selling cars, believes Toyota GB’s marketing director. Speaking on
More than 400,000 German, Italian and Japanese prisoners of war were held in The United States during World War
The California Department of Motor Vehicles just proposed a revised set of regulations that will allow self-driving
In the U.S., few issues seem to be as divisive as climate change. Although the science is unequivocal, political
Turning the key in the ignition and hearing… nothing… is a horrible feeling, but don’t panic. Follow our guide to


text:
Sony Corp. sold more than 2.1 million PlayStation 4 game consoles globally since its release last month as Chief Executive Officer Kazuo Hirai seeks to revive the company’s consumer electronics business.
Sony Corp., which popularized portable music players with the Walkman, is seeking a U.S. patent for “SmartWig” hairpieces that could help navigate roads, check blood pressure or flip through slides in a presentation.
Sony Corp. will cut $250 million in costs at its entertainment units over two years, part of Chief Executive Officer Kazuo Hirai’s plan to boost profit and keep full ownership of the movie, TV and music businesses.
Sony Corp., which meets with investors this week about improving the company’s entertainment unit performance, has hired Bain & Co. to identify $100 million in cuts, a person familiar with the situation said yesterday.
Sony Corp. sold more than 1 million PlayStation 4 consoles in North America during the first 24 hours of sales, though the company said some buyers reported glitches including the device suddenly turning itself off.
Sony Corp. said some of the PlayStation 4 consoles that went on sale in North America last week were reportedly damaged during shipping, following customer complaints the devices suddenly turned themselves off.


text:
When the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) released its third-quarter preliminary gross domestic product (GDP) figure, there were many exceptions to consider behind the seemingly strong 2.9%. All in all, we cannot say that a 2.9% gain is bad by any means when it beat the 2.5% consensus estimates handily. It was also the best report since the third quarter of 2014.
While many issues were listed as exceptions, one thing helping out is that personal income is on the rise. For 2016, we are at a seasonally adjusted run rate $16.046 trillion. That is up from $15.458 trillion in 2015 and from $14.809 trillion in 2014. Of that $16.05 trillion for 2016, $10.12 trillion was attributed to wages and salaries.
Then there is the disposable income and savings that have to be considered. Disposable personal income is on a $14.07 trillion rate in 2016, versus $13.52 trillion in 2015. If you look at total spending trends, the run rate for 2016 is now $14.07 trillion, and the personal savings rate is $800 billion. That generates a 5.7% personal savings rate (as a percentage of disposable personal income).
Here is how the Commerce Department described the personal income and savings rates:
Current-dollar personal income increased $153.6 billion in the third quarter, compared with an increase of $153.1 billion in the second.
Disposable personal income increased $125.3 billion, or 3.6 percent, in the third quarter, compared with an increase of $140.6 billion, or 4.1 percent, in the second. Real disposable personal income increased 2.2 percent, compared with an increase of 2.1 percent.
Personal saving was $800.6 billion in the third quarter, compared with $793.5 billion in the second. The personal saving rate — personal saving as a percentage of disposable personal income — was 5.7 percent in the third quarter, the same as in the second.
This personal savings rate of 5.7% as a percentage of disposable income may look high on the surface. Unfortunately, it is not if you consider that the personal savings rate is actually on a downward path from earlier in 2016 and in 2015. Also note that personal savings actually detracts from spending, and therefore personal savings actually hurts GDP.
The personal savings rate as a percentage of disposable personal income of 5.7% in the third quarter of 2016 was actually the same percentage as in the second quarter. The rate from the first quarter of 2016 was 6.1% — versus 6.0% in the fourth quarter of 2016 and 5.9% in the third quarter of 2015.
For an annual comparison, the 2015 savings rate was 5.8% in 2015, 5.6% in 2014 and 5.0% in 2015. If we get one more downtick in the fourth quarter of 2016, then we will have started to see a personal savings rate contraction.
Now consider that Forbes, USA Today and a host of other outlets recently ran the statistic that 69% of Americans do not have even $1,000 in savings to spend in a crisis.
This is one of those situations when there is a delicate balance among what the economic readings need versus what each household needs. A dollar saved is a dollar that doesn’t drive GDP, but a dollar saved is something everyone needs to have (or several thousand of them!). Those pennies saved also end up being spent at some point in the future, which will drive GDP at that time.
Below is the BEA’s table on personal income and spending.


text:
Ammunition might be as hard to find as toilet paper in San Antonio these days.
Lines streamed out of gun stores across the city Tuesday, and store owners said they’ve seen nearly unprecedented business amid the coronavirus pandemic.
One retailer said his sales in recent days have been three times the amount he sold during Christmastime.
“People are scared and wanting to defend their castle,” said Edward DeWees, owner of Ranger Firearms. “We get a shipment every single day of ammo, and within an hour, $10,000 of ammo will be out the door.”
DeWees said customers primarily have been buying pistols, assault rifles and ammunition.
By mid-morning Tuesday, there was an hourlong line to get into Adelbridge and Co. Firearms on San Pedro Avenue.
Owner Jonathan Hirsch said business at his store had more than doubled amid the virus outbreak. He was too busy to tell a reporter much more.
Online ammunition retailer Ammo.com has reported a 720 percent rise in sales nationwide since Feb. 23, compared with the prior month.
Sales spiked the most in Texas, where the website experienced an 800 percent jump in ammunition sales. Florida and Illinois also saw some of the largest growth in sales.
In late February, DeWees said his cousin, who owns a gun store in Alabama, suggested he should stock up on ammunition as the virus began spreading in the U.S.
DeWees said he initially dismissed the suggestion, but later decided to stock up on months’ worth of ammunition inventory.
“I thought, ‘I’m going to take a gamble.’ I went and bought all kinds of ammo,” DeWees said. “It came in on Tuesday, and it was gone by noon on Wednesday. It was a gamble — I could have had a ton of inventory that was going to take six months to move. But instead, it was something that took six hours.”
The federal government doesn’t comprehensively track data on gun sales, but the FBI reports the number of firearm background checks initiated per month, a proxy of sales numbers.
In February, the most recent month data is available, the FBI initiated 2.8 million firearm background checks. That was more than in all but two months since the FBI began reporting the figure in 1998.
Gun safety advocates point out that people typically buy more firearms during an election year, or when political rhetoric surrounding guns heats up — as it did when former presidential hopeful Beto O’Rourke called for a national ban on assault weapons.
Through January and February, the FBI initiated 5.5 million firearm background checks nationally. The last time the bureau conducted more than 5 million background checks through the first two months of the year was 2016, also an election year.
Gun safety advocates voiced concern about the influx of weapons into the community. With people confined to their homes because of COVID-19, social isolation and lack of interaction presents a dangerous mix when adding firearms, they said.
“These guns are going to stay in the system long after coronavirus,” said Gyl Switzer, executive director of Texas Gun Sense. “That’s a problem we have in Texas with weapons being lost or stolen, or not secured appropriately, which leads to unintentional injuries — as well as intentional.”
Advocates said gun owners should focus even more on storing guns and ammunition safely and separately now that nearly every child is at home during the day instead of school.
San Antonio’s high rate of domestic violence also is a concern, advocates said. Often, domestic violence is exacerbated by firearms being in the home, research has found.
“Some guns are going into homes of domestic abusers, or people who are suicidal, parents with teenagers who are stressed out and impulsive, or are left unsecured around children,” said Danna Halff, a San Antonio volunteer for Moms Demand Action.
Halff pointed to the Gun Safety 4 Bexar initiative, which began offering free gun locks to county residents last fall, as a way to improve gun safety practices.
“Buy guns if you think you need them to do whatever you need to do to keep your family safe,” she said. “But that includes locking your guns, securing your guns so your children who are home cannot access them, so they can’t hurt themselves or unintentionally shoot each other because they’re playing with a loaded gun.”


text:
Monday, July 10, 2006
Latino marketing goes mainstream
Prime-time ads break new ground by recognizing the rise of Hispanic consumers
Think back for a moment to this year's Super Bowl -- to one commercial that wasn't racy or provocative. In fact, the lack of controversy surrounding this ad is precisely why many advertisers and marketers are still talking about it.
The spot in question promoted a new Toyota Camry Hybrid and featured a father cruising on sun-dappled byways, his son strapped in the back seat. Typical car ad, right? Only the father was a Latino with a discernible accent. Their conversation played on the word hybrid: the son represented a blend of US and Hispanic cultures, the car represented a blend of fuels.
A touching idea, but five years ago, advertising executives say, it would have been unthinkable to blatantly target Hispanics in a mainstream, general market venue such as the Super Bowl. In just 30 seconds, Toyota leapt past two sticking points in corporate marketing departments across the country. The automaker rejected the prevailing wisdom that the only way to connect with Hispanics is in Spanish and through Spanish TV, radio, or print media. Toyota also discredited concerns that prime-time advertising aimed at Hispanics would rankle a non-Hispanic audience; the carmaker says it never heard from any disgruntled viewers.
The Toyota ad ``is a milestone in our industry, to say the least," says Alex Lopez Negrete, former chairman of the Association of Hispanic Advertising Agencies and chief executive of Lopez Negrete Communications in Houston.
READ THE ARTICLE ONLINE
Posted by MITCH TV at 10:11 AM


text:
- Subscribe NowLimited Time Offer
Sign Up for the San Francisco Business Times Afternoon Edition Newsletter
Send this story to a friend
Group says stores are selling lead-tainted lunchboxes
- Chris Rauber
Recent Northern California lab tests commissioned by the Center for Environmental Health showed that lead-tainted lunchboxes are being sold in national chain stores, the Oakland watchdog group said Tuesday.
The nonprofit group said it found several vinyl lunchboxes purchased at major retailers this summer, including Rite Aid, Staples and Big Lots, with elevated levels of lead. One lunchbox contained lead levels 24 times the legal limit for lead in paint, the group said. The testing found lead in the lining of lunch boxes, where it comes into direct contact with food.
"This is really a local issue," said spokeswoman Alexa Engelman, although it's also part of a broader national trend.
A year ago, officials at the environmental center said, it brought national attention to the lead-poisoning hazard from vinyl children's lunchboxes and took legal action to stop the sale of these products. It has since settled lawsuits against a number of companies, two of which -- InGear and Fashion Accessory Bazaar -- are offering reformulated products this season, the group said.
But more than a dozen other companies have yet to take action and last week, center officials said, the nonprofit watchdog group sent legal notices to six more companies for producing or selling lead-tainted lunchboxes -- the first step in possible litigation.
"We are pleased that two leading lunchbox makers took this issue seriously and are making safer products for children in time for this back to school season," said Michael Green, the center's executive director. "So it is hard to understand why so many other producers and retailers are dragging their feet and still selling our children this needlessly risky product."
- Most popular
- First Look: The new Clubhouse in AT&T Park
- Highest paid female exec in the Bay Area isn't a CEO
- Charles Schwab adding 1,200 jobs in Texas
- Philz Coffee to bring massive new campus to the Dogpatch
- Virgin America files for an IPO
- San Francisco rethinks 4th & King railyard for future development
- Top 75 Bay Area corporate philanthropists
- Ex-Sybase partners stake BlackBerry claim to the Internet of Things
- S.F. voters likely to give each other finger over November ballot item
- The quiet man behind Zillow's purchase of Trulia
Work For: Aerotek Aerotek | South San Francisco, CA
Demand Generation Manager FinancialForce.com | San Francisco, CA
Senior Preconstruction Specialist BCCI Builders | San Francisco, CA
Senior Project Manager BCCI Builders | Palo Alto, CA
Work For: Genentech Genentech | South San Francisco, CA


text:
Shortly after expanding into a new 50,000-square-foot distribution facility, Morrisville-based Professional Builders Supply has acquired a Charlotte company.
Benchmark Supply, a specialty window and door supplier, will merge with Professional Builders Supply in a move that CEO Van Isley says will allow the home-building company to expand in the Charlotte market.
“Jake and I started talking a few years ago about joining forces and what that could mean for us in benefits,” says Isley about Benchmark CEO Jake Krieg. The more the two talked about it, the more the move made strategic sense, he says.
Isley says Krieg will be a full-time account manager, managing a specific group of customers in Charlotte. He says the merger allows the former Benchmark to access new resources, such as framing lumber, siding and a delivery fleet.


text:
Fashion can be as funky as it can be fickle.
For decades, many designers—like the late Manfred Thierry Mugler—have pushed boundaries with their styles. At his fall/winter 1995 couture show during Paris Fashion Week, supermodel Nadja Auermann channeled a bionic fembot, thanks to one of his futuristic creations.
Or, remember the Gucci fall/winter 2018 show at Milan Fashion Week, when models walked the runway carrying a variety of curious accessories, such as a snake, a baby dragon figure and…a replica of their own severed head.
“We are the Dr. Frankenstein of our lives,” Gucci creative director Alessandro Michele told Vogue at the time. “There’s a clinical clarity about what I am doing. I was thinking of a space that represents the creative act. I wanted to represent the lab I have in my head. It’s physical work, like a surgeon’s.”
And sometimes, to get ahead of the competition, one must omit the head entirely when it comes to showcasing fashion. In 2020, the Paco Rabanne Ready to Wear spring/summer 2021 fashion show at Paris Fashion Week featured models wearing several styles that covered their entire faces.


text:
A New Haven convenience store owner shot and killed a man suspected of trying to rob his store and another store owned by his brother at gunpoint on the same night, police said.
According to police, the owner of Congress Mini Market at 750 Congress Avenue called 911 to report that a man armed with a rifle had tried to rob him Tuesday night.
While detectives were interviewing him, the store owner's brother called to say he had just shot a man who tried to rob his store, Nino's Mini Market at 659 Washington Avenue, according to police.
Police arrived at the convenience store to find the suspect, identified as 19-year-old Christian Munoz, suffering from gunshot wounds to the chest. Munoz was rushed to Yale-New Haven Hospital, where he was prounounced dead, police said.
Police confirmed that Munoz was the same person suspected of trying to rob the Congress Mini Market. The stores are owned by the same family.
Detectives are interviewing the store owner who shot the suspected robber and said he has not been criminally charged. Police went door to door in the neighborhood Wednesday to speak with possible witnesses.
The owner of Nino's said he was took shaken up to talk about the incident Wednesday. According to other local shop owners, it's not the first time a business has been targeted in the area.
Jaye Crump and his wife, Tonya Woods, own the One Way Corner Mini Market down the street and have been robbed before.
"They had gloves on, they had a mask on, they had no identifying marks anywhere and they had assault rifles," Woods explained, adding that the incident prompted them to install surveillance cameras.


text:
Last week, our analysis of the financial statements of 15 cement companies showed that the first half of the fiscal year went impressively well for the industry as a whole, considering how badly the economy has been faring. In 1HFY24, cement companies saw combined revenues increase by 20 percent, eventually leading to a 24 percent uptick in post-tax earnings (with a tax incidence of 35% on average), and a small increase in margins compared to 1HFY23. This came on the back of dispatches going up by 10 percent, bolstered predominantly by exports that more than doubled (2.1x). Local dispatches though remained weak, up on 1 percent in 1HFY24.
What has happened since December though is domestic demand becoming even weaker than in the first half and exports growing by less than former months. In 8MFY24 for instance, total dispatches are up 2.5 percent cumulatively, of which exports grew 73 percent and domestic sales actually declining by 3 percent. At the same time, in the past four consecutive weeks, cement prices have been slowly tracing their steps back. Even more concerning is that there is a distinct volatility in prices since July.
On the one hand, the industry has on its hand a domestic demand that is not ready to bounce back, and on the other is the jerkiness in domestic prices. For context, let’s compare the monthly average sales in the domestic market for the industry between Fy17 and Fy24 for the period 8M. Data suggests, Fy24’s monthly average thus far is lower than every year except Fy17 and Fy19, which would be even more unsettling if we consider the capacity growths that have happened over the past five years. Despite impressive growth in exports, total capacity utilization for the industry is trailing lower than 60 percent. At this rate, even if exports maintain 15 percent of the total sales mix—which they are at the moment—the industry will be set back at least six years in terms of total offtake. Prices are up by a multiple of 2-2.5x since that time, which means the industry may still keep making money, but by no means, is this positive news.
Specially, if prices slowly keep coming down and/or there is no reprieve in energy and transport costs. Though the industry has spent hefty sums on energy efficiency projects and tooled their plants to use a mix of coals from multiple sources, rising costs remain a concern, specially if there is a price competition among cement players. Having said that, if the past year has been any guide, predicting price wars may seem like fear mongering at this point as companies continued to maintain a tacit understanding on prices in various markets such that despite reduction in dispatches and decline in capacity utilization, prices never came down a certain level. It seemed more beneficial to keep prices looking forward and up. What remains to be seen is the inflection point where companies begin to retract from the group and think about fending for themselves. Thus far, that point was never reached, but it may soon if individual capacity utilization drops below 50 percent despite companies making efforts to sell their product overseas.


text:
EVEN though we are living in the digital age, Brits still prefer printed photos to on-screen pictures, says a new study.
Unlike scrolling through a gallery of snaps on your computer or phone, physical copies help you to hold on to memories for longer.
Research commissioned by imaging brand Canon UK, found six out of ten of us print pictures we want to keep rather than leaving them on social media.
This is probably because our images can get lost in the sea of information we share online daily.
The typical adult now takes eight photographs every day, although 15 per cent take between 10 and 19.
So it's no surprise that almost three quarters of the 2,000 adults who took part said most of the photos they now took ended up being left, unappreciated, on mobile phones.
When asked to describe their emotions surrounding printed pictures 68 per cent said they kept them because they sparked happy memories.
And 15 per cent have felt emotional to the point they have cried when looking at printed photos.
Susie Donaldson of Canon UK & Ireland, which commissioned the report, said: ‘’The positive effect printed photography has on us is undoubtable.
"It is the nostalgia that comes with physically holding that memory that invokes emotions.’’
Half the nation (50 per cent) agree that sometimes the most special moments can happen when you are least expecting it.
For this reason, many would like the opportunity to be able to spontaneously print photos when out and about to capture those moments.
Cameras, including Canon, have this technology available. Visit their website for more information.
Most Read in Fabulous


text:
LG in talks with Google for Nexus device *flashback*
I think this was a hint, a really large hint.
Check out this article on CNET publiced in februari.
But the most interesting part about this article is the spokesman talking about customisation. Isn't that one of the features of 4.2 Jelly Bean?
What do you think about it?


text:
This week, Hublot and Depeche Mode joined forces in Berlin to announce The Big Bang Depeche Mode, a fundraising initiative to benefit charity: water, a not-for-profit organisation bringing safe drinking water to the developing world.
As part of this initiative, Hublot has designed the limited edition Big Bang Depeche Mode timepiece. Merging the aesthetic of Depeche Mode with the hallmark of Hublot, the watch is created in striking black ceramic. A portion of the proceeds from the sale of each watch will go directly to charity: water.
To coincide with the start of Depeche Mode’s Delta Machine tour 2013/2014, Hublot will launch an advertising campaign to raise awareness for the charity, along with the commercial launch of the Limited Edition Big Bang Depeche Mode timepiece. Throughout the tour, Hublot will have special events in store for Hublot clients.
This is not the first time Hublot has collaborated with Depeche Mode to support charities. In 2010, Hublot and Depeche Mode raised funds for the Teenage Cancer Trust with a benefit show at London’s Royal Albert Hall and an auction of 12 exclusive boxed sets. Each contained a Hublot watch with the cover of one of Depeche Mode’s 12 studio albums on its dial, along with the vinyl and digital version of each album, a golden framed CD and autographed stills.


text:
As every single company sector is afflicted by present global crisis and everybody is conversing of gradual down in organization, nevertheless in India there are number of sectors which will expand in this adverse predicament. Allows have a search.
No a single can endure with no standard foods materials like milk, greens and drinking drinking water. Foods processing companies will not be impacted considerably and relatively will earn revenue by increasing the rates. These are the fundamental requirements which we as a typical male can not generate by our self.
According to MFPI, the food processing sector in India was viewing expansion even as the world was facing economic recession. According to the minister, the industry is presently growing at 14 for each cent from 6-seven for every cent expansion in 2003-04.The Indian food marketplace is believed at more than US$ 182 billion, and accounts for about two thirds of the whole Indian retail market. Even more, the retail foods sector in India is likely to increase from around US$ 70 billion in 2008 to US$ 150 billion by 2025
As the aviation sector has been influence a lot poorly and resulting in sharp increase in the air ticket rates the recurrent tourists will prefer railways to cut the value of touring and this will end result in increased site visitors in railways and extended queues at railway booking counters. Bahu Begum Spoilers of Indian Railways has continued to increase in the very last few months, albeit at sluggish rate, indicating only marginal effect of the international recession on the Indian economic system.
The Railways registered thirteen.87% progress in earnings to Rs fifty seven,863.ninety crore in the 1st 9 months ended December 31, 2008. Whilst whole earnings from freight elevated by fourteen.53% at Rs 39,085.22 crore throughout the interval, passenger income earnings have been up 11.81% at Rs 16,242.forty four crore. The Railways have enhanced freight profits by rising its axle loading, enhancing customer providers and adopting an innovative pricing technique.
3. PSU Banks
As noticed in the private sector significantly of the job cuts thanks to world-wide slowdown, its the PSU sector Banking institutions which acquired a lot confidence thanks to occupation protection and safety. Much more and a lot more people are likely to turn towards authorities institutions, especially banking companies in the quest for security and safety.
A report “Possibilities in Indian Banking Sector”, by industry investigation organization, RNCOS, forecasts that the Indian banking sector will expand at a healthier compound once-a-year development price (CAGR) of close to 23.three for each cent until 2011.
As Education and learning is regarded as as the fundamental necessity and in India it is observed as a prolonged time period expense by dad and mom and with regard to the demand from customers still there is a massive offer gap. The trend to research in overseas university amongst the Indian youth nonetheless alive which will prompt foreign education institute to target India offered extensive young populace ready to be part of. We will see much more and far more foreign educational establishments to appear up in India in modern coming years.
Massive govt as properly as non-public investment decision is probably to circulation into the Indian educational system. D E Shaw, a US$ 36 billion, world-wide private equity agency is preparing to spend about US$ 200 million in the Indian schooling sector.
Folks will not stop to talk with each other due to worldwide crises instead it has been witnessed that it will boost a lot specifically with cellular conversation. With low cost mobile telephones available in the Indian marketplace and more affordable phone costs, the sector has become the requirement and primary want of each day lifestyle.
Telecom sector, according to sector estimates, year 2008 commenced with a subscriber foundation of 228 million and will likely to end with a subscriber base of 332 million – a entire century ! The Telecom industry expects to insert at the very least one more ninety million subscribers in 2009 regardless of of economic downturn. The Indian telecommunications sector is one particular of the speediest expanding in the entire world and India is projected to turn out to be the second premier telecom industry globally by 2010.
Current news proven that Indian IT sector will increase 30-forty% up coming yr. And on the other aspect to survive in existing slowdown, industries have to decrease the price and for that they will vacation resort to tailored IT options which will further improve up the software program answer demand.
India is fast turning into a very hot destination for outsourced e-publishing work. As for each a Confederation of Indian Market (CII) report, the industry is growing at an once-a-year rate of 35 for every cent and India’s outsourcing possibilities in the value-included and main companies this kind of as copy editing, task management, indexing, media providers and articles deployment will support make the publishing BPO sector really worth US$ one.forty six billion by 2010.
7. Wellness treatment
India in case of well being treatment services nevertheless lakes the adequate provide. In Overall health care sector also there is huge gape among need and supply at all the ranges of society. Nonetheless there are so numerous city locations had been you could barely locate any multi specialty clinic. And in scenario of metros the market sentiments by itself produced a require of psychological session.
Healthcare, which is a US$ 35 billion market in India, is envisioned to attain above US$ 75 billion by 2012 and US$ one hundred fifty billion by 2017. The health care business is apparently poised as it strives to arise as a worldwide hub owing to the distinct rewards it enjoys in clinical excellence and lower costs.
8. Luxury merchandise
The high and affluent course of modern society will not be afflicted considerably by this world-wide crises even if their really worth is lowered significantly. They will not change their life design and will not end spending on magnificent items. So luxurious merchandise market will not be impacted and in reality to sustain the lifestyle these affluent will commit much more for it. Luxurious vehicle makers are pouring in to woo the nouveau riche (Audi, BMW are the most latest entrants).
In accordance to latest investigation on luxurious trends, the variety of households with yearly incomes of far more than $230,000 will have much more than doubled from 20,000 in 2002 to fifty three,000 by the stop of 2005 and will grow to a hundred and forty,000 by 2010.
9. M&A & Advertising Consultants
As in the present enterprise gradual down survival will be the major focus, the marketing and advertising and administration consultants will be referred to as for to reduce the charges and to present the techniques to endure and keep in market place. Other individuals could join fingers to combat with this circumstance together will contact for the Advertising & M&A consultants. In a booming marketplace there are growth methods and M&A possibilities to suggest on. When firms are reducing back, consultancies will be right there to support customers make a decision exactly where to wield the axe.
According to Ministry of Commerce and Industry’s estimation, the existing size of consulting market in India is about Rs.ten thousand/- crores which includes exports and is predicted to grow additional at a CAGR of aprox. 25% in subsequent handful of many years
ten. Media and Amusement
In current bad instances, exactly where people are dropping employment and acquiring sufficient time to watch Tv set, they will look for enjoyment at property and consequently marketing revenues will increase for the business channels. Also firms like manufacturing of spiritual texts and religious materials, spiritual channels will do effectively. The TRP of spiritual channels will boost examine to the other entertaining/industrial channels.
According to a report revealed by the Federation of Indian Chambers of Commerce and Market (FICCI), the Indian M&E sector is predicted to develop at a compound once-a-year expansion charge (CAGR) of eighteen for every cent to achieve US$ 23.eighty one billion by 2012. In accordance to the PWC report, the tv sector was really worth US$ five. 48 billion in 2007, recording a growth of 18 per cent more than 2006. It is more likely to expand by 22 for each cent over the up coming 5 a long time and be value US$ 12. 34 billion by 2012.


text:
People work at the assembly line of China's leading automaker FAW Group Co, Ltd based in Changchun, capital of Northeast China's Jilin province, April 22, 2022. (PHOTO / XINHUA)
BEIJING - Fixed-asset investment in China's automobile manufacturing sector logged double-digit growth in the first five months of the year, according to the China Association of Automobile Manufacturers.
From January to May, China's auto manufacturers saw investment increase by 11.2 percent year-on-year, up 0.8 percentage points from the first four months, the association said, citing data from the National Bureau of Statistics.
Data from the China Association of Automobile Manufacturers also showed that China's auto production and sales saw a significant recovery in May, bringing auto-related retail sales to 318.6 billion yuan
The Jan-May auto investment growth was 5 percentage points higher than the increase of the country's total fixed-asset investment during the same period, the data showed.
The association's data also showed that China's auto production and sales saw a significant recovery in May, bringing auto-related retail sales to 318.6 billion yuan (about $47.55 billion), up 24.1 percent from April.
The auto-related sales accounted for 9.5 percent of the country's total retail sales of consumer goods last month, up 0.8 percentage points from a month earlier, the association said.
Copyright 1995 - 2022. All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily. Without written authorization from China Daily, such content shall not be republished or used in any form.
HONG KONG NEWS


text:
A NEWPORT restaurant is up for sale after its owners decided to retire due to ongoing health problems.
Brian Lloyd and his wife Christine have run Chez Giovanni in Clarence Place for 13 years.
But after Mr Lloyd, 65, suffered a heart attack two years ago and the couple have continued to suffer health problems, they have decided they want to give the business up and spend more time at their home in Magor. Mr Lloyd said: “In this tough time, people are selling restaurants simply because business is bad. Our reason is because of our health.”
The Topolino’s wine bar and bistro, which is next to the restaurant and recently underwent a £85,000 refit, is also up for sale.
At the moment, the restaurant is only open from Wednesdays to Saturdays because they do not want to put their health at risk any further. Mr Lloyd said the restaurant has seen many famous faces over the years. The business is up for sale for £599,999 with estate agents Preferred Commercial and also includes ten bedsits on the floors above the restaurant.
Chez Giovanni was first set up in 1972 by Giovanni Gulotta and his wife Anna, who were originally from Sicily.
Mr Lloyd said he and his wife, who have been married for 41 years and have three children, were the restaurant’s first ever customers.
They had a soft spot for Chez Giovanni ever since then, he said.
And they bought it from their friend, businessman Max Sadano, in 2001.
It has won a clutch of awards in the city. It has won the Voice magazine’s best Italian restaurant competition for eight years running, and in October was given the Best Restaurant of the Year title.


text:
A woman who received death threats after appearing unwittingly in an anti-Muslim film on YouTube cannot require Google to remove it on the grounds that her performance was copyright-protected, a San Francisco federal appeals court ruled Monday.
A trade agreement that has digital rights groups worried gained traction this week, when lawmakers voted to end a filibuster of legislation that would fast-track trade deals through Congress.
Four New Zealand media companies filed legal proceedings Monday to prevent use of a service that lets people in the country view online entertainment content normally blocked there.
Retail chain Forever 21 has denied making illegal copies of Adobe's software, as the Photoshop maker alleged in a lawsuit, and shot back that Adobe tries to bully customers who are accused of piracy into paying exorbitant license fees.
A legal battle is taking shape in New Zealand that could result in one of the first worldwide court cases to address the legality of skirting regional restrictions on web content.
Microsoft and Getty Images have settled a copyright dispute and agreed to work together to provide the digital media company's images for the software giant's products like Bing and Cortana.
A Brussels court has ruled that Belgian ISPs don't have to pay copyright levies for offering access to copyright protected materials online.
BlackBerry has filed another lawsuit against the makers of the Typo keyboard, claiming that the new version of the iPhone accessory also copies its designs and patents.
A programmer for defunct file storage site Megaupload has pleaded guilty to criminal copyright infringement charges and has been sentenced to a year and a day in U.S. prison.
After years of legal trouble, the once-popular online file storage and sharing company Rapidshare is closing up shop.
Megaupload founder Kim Dotcom has avoided extradition to the U.S. on copyright infringement charges, but one of his lieutenants may have turned himself in there yesterday.
U.S. copyright law should allow for people to bypass digital rights management technologies as a way to tinker with a wide variety of products, including cars, DVDs and old video games, the Electronic Frontier Foundation said.
A federal court in California has ruled that Dish Network did not infringe the copyright of Fox Broadcasting by offering users services for skipping ads and streaming live or recorded programming over the Internet to their computers and mobile device...
Dutch e-book resale site Tom Kabinet has to close because, at least at the moment, it cannot prove that all the books offered for sale on the site have been legally obtained, an Amsterdam court ruled Tuesday.
European copyright laws are too fragmented and ill-suited to online usage today: Legislators drafting new rules should limit copyright terms; allow unrestricted hypertext linking; exempt public-sector works from copyright; harmonize rules to simplify...
Most Popular Reviews
- 1 Sony Xperia Z5 Premium review: Is the world ready for a 4K phone?
- 2 Mazda MX-5 (2016) review: Absolute driving purity
- 3 Sony 75-inch UHD TV (X9400C) review: Sony and Android are a winning duo
- 4 LG 55EG960T OLED UHD TV
- 5 Panasonic Viera UHD TV review: good hardware, fragmented software
Join the Good Gear Guide newsletter!
Best Deals on Good Gear Guide
Latest News Articles
- Upgrading to SAP Hana? This new tool can help prepare your code
- The eyes have it: How one startup aims to change the future of VR
- Gaming on Linux, Steam machines set to soar with DirectX competitor Vulkan
- Google didn't abuse its position in Streetmap case, UK court rules
- New Chromebook won't break with 365-pound person standing on it
GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.
- FTDigital Marketing Specialist | Media BuyerNSW
- FTIT Project ManagerSA
- CCImmediate iOS Developer Required - Contract - SydneyNSW
- CCBusiness AnalystACT
- CCBusiness Analyst - Digital -PenrithNSW
- CCITIL Release Manager - CBD SYDNEYNSW
- FTNetwork Engineer | Canberra | NV1 NV2 clearance | Defence projectsVIC
- CCService Desk ManagerVIC
- FTProject Manager | SharePoint, Office 365 SkillsVIC
- CCSenior Agile Business Analyst - Online/Mobile experienceNSW
- FTJunior Software Developer- Complex Tax/ Superannuation SolutionNSW
- CCCisco Network EngineerNSW
- CCOPA Developer (Oracle Policy Automation)ACT
- CCDesktop Applications PackagerSA
- CCHelpdesk SupportNSW
- CCProject Manager IT infrastructureACT
- FTSystems Administrator/Engineer | Projects & BAU | Coastal Newcastle NSWWA
- CCSenior Project Manager - ComplianceVIC
- CCUX DesignerNSW
- FT.NET DeveloperVIC
- FTChange LeadNSW
- FTApplication Support AnalystVIC
- CCService ModellerNSW
- CCSolution Design EngineerACT