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‘New govt’s bold moves will favour businesses’
Chief Executive Officer, Guinness Nigeria Plc, John Musunga, has said current reforms by the new President Bola Tinubu’s administration have reinforced confidence in the prospects of the Nigerian economy.
Speaking during a closing gong ceremony at the Nigerian Exchange (NGX), Musunga said the reforms, though might be painful initially, would have greater positive impact on businesses and the economy.
“Our outlook is bright especially as the government is taking very bold moves in areas required for business.
“They will be very painful but we know that it will be in the short term and have conviction that this will favour the business environment and businesses will thrive and deliver shareholders’ return and value,” Musunga said.
He said the company does not intend to change or deviate from its strategy.
“Our results have been stellar and the business is still growing well, up by nine per cent. We will continuously grow our margins so that our shareholders can have value for the business they invested in,” Musunga said.
He said Guinness Nigeria was proud of being part of the exchange adding that the company’s brand portfolio is down to its strategy of playing across the entire alcohol beverage sector.
Musunga stated that the company will continue to innovate and continuously grow its margins so that its shareholders can have value for the business they invested in.
Chief Executive Officer, Nigerian Exchange (NGX), Temi Popoola assured that the exchange would continue its drive towards attracting capital around sustainability and will continue to partner with market stakeholders.
Popoola while commending the growth of Guinness Nigeria in the last few years, said that the NGX has very big ambitions on sustainability and will continue its drive towards attracting capital around sustainability.
“We have discussed with Guinness the work they are doing around sustainability and the NGX has very big ambitions on sustainability. We want to make sure that we are one of the leading exchanges in attracting capital around sustainability. We believe it is the right thing to do,” Popoola said.
Doyen of the market, Mr Rasheed Yusuf, said that the stockbroking community will continue to support the company and urged the company to continue sustaining its leadership of the market and raise more capital from the market.


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EZTV, Kickass Torrents Blocked: Piracy Sites Taken Down In Europe’s Latest ISP Order
At least a dozen popular piracy sites — including KickassTorrents, EZTV and Rarbg — have been blocked in Denmark as the result of a complaint from a copyright enforcement group. Denmark has traditionally been the first country to block major torrent sites such as the Pirate Bay, an indication that a wider ban on file-sharing services could be imminent for other European countries.
IsoHunt, Torrentz, TubePlus and other sites that provide streaming TVs and movies as well as torrent downloads without the copyright owners’ consent were shut down as part of the decision. The copyright group Rights Alliance asked a Danish Court to force Internet service providers (ISPs) to block access to sites found to be hosting or linking to illicit content, TorrentFreak reported. A spokesman for the Danish copyright group told the news site that it’s trying to educate the public about the problems piracy creates.
“Rights Alliance doesn’t merely take an enforcement approach. We want to understand user behavior [to]offer people legal alternatives,” Rights Alliance head Maria Fredenslund said. “We are quite happy that there are so many people who are looking online for entertainment. Our goal is to steer them in the right direction, instead of simply blocking access.”
The biggest torrent sites, particularly Kickass and EZTV, frequently switch from one domain to another to stay ahead of website seizures or ISP blockades, such as the one underway in Denmark. That strategy, combined with the media attention around the blockade, might actually help torrent sites find more users.
“Blocking is the greatest thing that can happen to your site,” one site’s administrator told TorrentFreak. “Whoever is blocking the sites is actually doing us a favor by telling the users that they can’t open the site, thus making the users want to open the site even more.”

domain: news


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New Zealand: Growing Up Fast
As production rises, New Zealand's wineries are having to rethink their position as suppliers of trademark Sauvignon Blanc.
Jun 2006 Issue of Wine Business Monthly
It's easy to forget just how far New Zealand wine has come in the past few years. Not so very long ago, the land of the long white cloud was as famous for sheep and rugby football as anything else. Wine? Not so you'd notice. But the past decade has seen Kiwi producers create a trademark style of Sauvignon Blanc, in particular, that has secured them a place on the world wine stage and has encouraged copycat offerings from around the world. Just look at the figures. Only 10 years ago, New Zealan...
» Article access restricted to registered members of winebusiness.com/


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Is algae the new fish oil? Alltech thinks it’s possible
- Staff Louisville Business First
The Alltech Symposium is 29 years old, and each year typically features innovations that are more substantial than meets the eye.
This year, for example, according to The Lexington Herald-Leader, the Nicholasville-based animal and health nutrition company featured a technology that produces algae for nutritional supplements.
Two years ago the company bought one of the world’s largest algae-making plants, near Winchester, and it’s now producing 10,000 tons of algae annually.
Alltech owner Pearse Lyons tells the Herald-Leader that’s too small to meet the company’s needs. He believes algae could become more popular than fish oil as a major source of docohexaenoic acid, or DHA, which is thought to slow the decline of brain function as people age.
Fish oil is a $1 billion market.
This year’s symposium theme was “Glimpse the future in 2020,” and other topics included growing antibiotic-free poultry, farming at sea, finding financial rewards in reducing agriculture’s footprint and learning to embrace
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PAYTM STOCK NEWS
Paytm crashes to lifetime low of Rs 990; down 26% in last 12 sessions
The most bullish target pegs Paytm stock at Rs 1,875, nearly double of the current level, in the next 12 months.
Stocks in the news: Bajaj Finance, Tech Mahindra, Paytm, HFCL and Tata Power
Bajaj Finance, ICICI Pru Life, L&T Tech, Tata Elxsi, Trident, ICICI Securities, DCM Shriram, Network 18 and Just Dial are among the companies that will announce their December quarter results today.
Paytm stock rebounds after slipping below Rs 1,000 for first time
One97 Communication’s share price rose to a high of Rs 1080.6 as against 1031.40 at the previous close on the BSE. The counter was last trading 2.9 per cent higher. In opening trade, it had slipped below the Rs 1,000 level for the first time since listing to hit a fresh low of Rs 995.
Stocks in the news: RIL, Paytm, Titan, HCL Tech, Tata Motors and HAL
HCL Tech, Tinplate Company, Onward Technologies, Swasti Vinayaka Synthetics, International Travel House and Gujarat Hotels are among the companies that will announce their December quarter results today.
Paytm stock erodes over half of IPO investors' wealth in less than 2 months
During the day, Paytm shares hit an all-time low of Rs 1,051, eroding over half of the value from its IPO price of Rs 2,150.
IPO-bound players see up to 65% value drop in unlisted marketThe recent correction in the broader markets and dull listing pops due to ultra higher valuations is weighing on the sentiments in the listed space
Don't see significant upside in Paytm from current levels: Chakri Lokapriya"Yes, the government stake will probably be stable, it will reduce the float in the Vodafone Idea stock. But overall, the stock is unlikely to behave."
Paytm shares down 2% even as fintech posts 4-fold jump in loansThe value of loans disbursed through the platform during the quarter was Rs 2,180 crore, an increase of 365 per cent YoY, the company said in an exchange filing.
Stocks in the news: RIL, Paytm, Delta Corp, SJVN and Antony WasteDelta Corp, Ganesh Housing, National Standard, Radhe Developers and Vikas Proppant are among the companies that will announce their December quarter results today.
Biggest gainers & losers of the day: EV players in high demand; GNA Axles bleeds"Markets are showing tremendous resilience amid the rising COVID cases and the focus would now shift to the earnings season," said Ajit Mishra, VP - Research, Religare Broking.
Still holding Paytm after IPO allotment? Macquarie expects more downsideAnalysts are largely mixed on Paytm shares with most targets not seeing the scrip revisiting its IPO issue price anytime soon.
Indian bankers book bumper fees from record $18 billion in IPOsThere are many more share sales lined up for next year in India besides the proposed mega listing by state-owned Life Insurance Corp. of India, which could raise at least Rs 400 billion.
IPO Review 2021: 1 in every 3 stock debutants trade below issue priceThe demand for big-ticket IPOs had helped the primary market raise a record Rs 1.18 lakh crore in the calendar year.
Paytm GMV more than doubles to Rs 1.66 lakh crore in Oct-Nov 2021 periodPaytm refers to GMV as the value of total payments made to merchants through transactions on its app, through Paytm payment instruments or through its payment solutions, over a period. It excludes any consumer-to-consumer payment services such as money transfers.
Stocks in the news: Star Health, Paytm, Infosys, IIFL Finance and Deepak FertilisersStar Health and Allied Insurance compay, backed by Rakesh Jhunjhunwala, will make its Dalal Street debut today. The company raised about Rs 6,400 crore via primary route.
Market Movers: A small announcement helps ITC steal show on a dull dayIf the company adds the cherry on top with some major demerger news, then today’s sentimental 5 per cent jump in the stock will look increasingly inadequate.
Paytm just got its first ‘Buy’ rating after IPO flopPaytm’s “super app” has emerged from a pure “want” category to reach to the “need” status, Dolat analysts, led by Rahul Jain, said.
Paytm shares fall after Q2 loss widensIn the second quarter of the previous financial year, One97 Communications had posted a net loss of Rs 436.70 crore.
Paytm Q2: What Macquarie said post maiden quarterly resultsMacquarie said Paytm stock trades at 22 times FY23 price to sales, which is expensive.
Stocks in the news: IndusInd Bank, Paytm, Vedanta, Tata Steel, ITC and telcosFollowing the footsteps of Vodafone Idea and Bharti Airtel, Reliance Jio announced up to 21 per cent hike in its prepaid tariffs from the next month.
Paytm Q2 results: Net loss widens to Rs 482 crorePaytm reported its earnings publicly for the first time since listing this month.
Paytm wild ride continues as stock sinks again ahead of earningsAhead of the results, Paytm’s shares dropped as much as 7.7% in early Mumbai trading on Friday. While the stock had jumped about 32% over the last three days, it is still well below the price set in the $2.5 billion IPO as investors continue to weigh its longer-term prospects.
As manic Monday reins in the bulls, what next for D-Street?While the bombing of Paytm’s initial public offering on Friday may appear as the obvious catalyst for the sudden risk-off sentiment among retail investors, Monday’s fall appears to also have been triggered by a culmination of factors.
Paytm under scrutiny after first-day flop followed record IPOOver the weekend, Paytm released financial details for the month of October, which includes the critical period ahead of the Diwali holiday. Gross merchandise value rose 131% to 832 billion rupees ($11.2 billion) for the month, the company said. Loan disbursals, which analysts see as key to Paytm turning profitable, increased more than 400% to 6.27 billion rupees.
Stocks in the news: Paytm, Reliance Industries, Bharti Airtel, Sun Pharma and Laurus LabsZydus Cadila said it has received approval from the US health regulator to market Decitabine injection, used to treat certain types of cancers, in the American market.
After delivering a dud on listing day, will Paytm bounce back soon?Paytm shareholders have turned anxious after India's largest-ever IPO, that raised as much as Rs 18,300 crore, delivered a flop show on Dalal Street.
Macquarie sees 44% downside in 'cash guzzler' Paytm, sets target at Rs 1,200The brokerage said despite factoring in an aggressive 50 per cent compounded annual growth rate (CAGR) increase over the next five years in non-payment business revenues led by distribution business, it expects Paytm to generate positive free cash flow (FCF) only by FY30.Load More
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Seems like we’re getting more interior shots of the 2021 Proton Iriz Active, which is believed to be the crossover version of the B-segment hatchback. While its interior looks very similar to the 2021 Proton Persona facelift, there are some notable differences here, such as the black and red colour scheme.
These alleged images of the Iriz Active’s interior come from local automotive site Funtasticko, and it looks quite sporty. Not only are there red trims on the bottom of the air-conditioning vents, centre console, and steering controls, the seats have red stitching as well.
Aside from that, there also seem to be aluminium pedals, digital air-conditioning controls, and a floating infotainment screen.
Looking at a different leaked image of the Iriz Active from Automachi, it’s evident that the analog instrument cluster has red highlights too, along with the side air-conditioning vents and red stitching on the steering wheel. According to Automachi, the Iriz Active may get the Proton X50‘s Citric Orange paint job as well.
All in all, the interior of the Iriz Active looks to be more upmarket and premium compared to the current generation Iriz. Although the pictures do not show it, the new B-segment model supposedly comes with bright red seat belts too. Unfortunately, rumours are suggesting that the engine and CVT transmission of the new Iriz are unchanged, though they may be retuned.
Now that more images of the 2021 Proton Iriz Active have made it onto the internet, we expect Proton to officially unveil the new B-segment model very soon. Chances are, it will debut alongside the 2021 Proton Persona facelift as well – we will keep a close eye on any official announcements from Proton.


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Momentum towards the development of a circular economy continues to build as a host of brand names’ sustainability targets for recycled content in packaging edge closer.
Daunting challenges remain, but they can be overcome through collaboration and buy-in from the public at large.
That was the message echoed by expert panelists during a June 16 webinar from Independent Commodity Intelligence Services (ICIS) Chemical Data titled “How is Plastics Recycling Shaping the US Circular Economy?”, a replay of which can be found here.
Key hurdles include recycling availability, infrastructure, lack of a national framework, and packaging specialization rather than standardization.
For example, 40 million US residents do not have easy access to recycle used packaging, according to Paula Leardini, senior recycling analyst for ICIS.
About $17 billion in investment over the next five years is needed in the US for recycling infrastructure and education, said Sarah Dearman, vice president of circular ventures for The Recycling Partnership, a non-profit group.
More than 450 new recycling plants must be built in the next several years to meet US demand for post-consumer recycled polyethylene terephthalate (PET), polyethylene (PE) and polypropylene (PP) as listed in numerous brand owners’ 2030 pledges — more than 6 million metric tons per year, Leardini said.
But, according to Dearman, it would take a just three elements to coalesce around the necessary solutions: a true embracement of circular packaging in the supply chain; serious investment in processing and gathering of materials; and a society educated and motivated to keep plastics out of landfills.
EPR and chemical recycling.
That’s a much smaller number than the 50 different recycling solutions emanating from the 50 US states at present, with various forms of bottle-deposit, minimum post-consumer recyclate (PCR) content and extended producer responsibility (EPR) proposals enacted or discussed. And they span the geography, with California being the first state to mandate minimum recycled content in beverage containers and Maine’s legislature just this two weeks ago sending to the governor’s desk for a signature what would become the first EPR for plastic packaging in the US if enacted.
Other states have focused their attention on the development of chemical recycling, which offers the promises of being able to transform unsorted plastics into a chemical feedstock that can be remade into plastic as good as virgin.
But, industrial scale for chemical recycling remains at least five years out and likely up to 10, Leardini said, making it a complementary process to mechanical recycling when it comes to short- and mid-term sustainability plans.
Federal legislation to provide the framework for a singular recycling solution would be helpful, Dearman said, although the fragmented nature of the current recycling marketplace provides challenges there. A majority of recycling infrastructure is in the Midwest and East Coast, while the West Coast has just scattered facilities at present. The reason? Because the West Coast used to ship a great deal of its recyclable packaging to China. The East Coast and Midwest did not have that option, and now neither does the West Coast because China stopped US waste plastic a few years back.
Another challenge is the specialization of packaging and brand owners’ desire for it to properly reflect their brands.
Plastic converters have gotten really good at tuning packaging to the exact specifications each brand owner wants — colors, layers, performance, etc. — but that in turn makes that packaging harder to process back into recyclate, said Jon Stephens, president of Natura PCR.
While some brand owners still push for the difficult-to-impossible ask of having recycled material look and perform just as virgin plastic does, others are starting to embrace recycled materials’ looks and simplicity as a brand-builder in itself, said Allison Lin, vice president for procurement and sustainability at plastics manufacturer Westfall Technik.
That’s just one step along the road to circularity, with many more to come.
Jeremy Pafford, Head of North America for Market Development, drives ICIS’s business development strategy for the US, Mexico and Canada and represents ICIS to chemical and polymer markets to showcase ICIS expertise. His role draws upon experience in leading engagement efforts by the Americas team over the last several years.


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Revenue, profit rise at Marten Transport
Milwaukee Journal Sentinel
Refrigerated trucking firm Marten Transport Ltd. netted $8.5 million in the second quarter, up 2.1% from the profit of a year ago.
The company, based in Mondovi in western Wisconsin, said Tuesday it earned 26 cents a share in the three months ended June 30, compared with 25 cents in the second quarter of 2015. Revenue rose by 1.5%, to $166.1 million.
In a statement, chairman and CEO Randolph Marten said the sales and profit increases came despite pricing pressure and a soft freight market.
The company added 180 tractors to its fleet over the last year, bringing the total as of June 30 to 2,785.


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Launches limited edition dim sum at Tsim Tung Ho Choi Seafood Restaurant to bring Chinese culinary heritage to customers
HONG KONG, June 19, 2012 /PRNewswire-Asia/ -- As a century-old ethnic Chinese enterprise, Lee Kum Kee honours traditional Chinese culture, and is taking the opportunity to promote China's cultural inheritance in conjunction with the forthcoming Hong Kong Dragon Boat Carnival, as well as to position itself as an international brand. The company has chosen two unique aspects of traditional culture through which to express its esteem for the national heritage: dragon boat racing and gourmet Chinese cuisine.
Lee Kum Kee has announced it will be the title sponsor for the 8th IDBF Club Crew World Championships (CCWC). This series of dragon boat races is run under the auspices of the International Dragon Boat Federation and draws athletes from across the globe. This year's edition is titled the "Lee Kum Kee 8th IDBF Club Crew World Championships", and forms part of the 2012 Hong Kong Dragon Boat Carnival, making it the first ever world-class international dragon boat race in Hong Kong.
In addition to the title sponsorship of the 8th CCWC, Lee Kum Kee is launching a marketing campaign themed "Keep Heritage Moving" in support of the Hong Kong Dragon Boat Carnival, with a strong brand presence at the event and a partnership with Tsim Tung Ho Choi Seafood Restaurant (Sea View Banquet Hall) to offer an exclusive time-limited gourmet dim sum menu. Created with Lee Kum Kee's sauces and condiments, the exclusive dim sum will be available for the duration of the CCWC, from 4 - 8 July 2012.
"Over 124 years, Lee Kum Kee has developed into an international brand in the sauces and condiments industry. We always place high value on our heritage and support for traditional Chinese culture through a variety of CSR initiatives. Taking on the title sponsorship of the 8th IDBF Club Crew World Championships is an ideal opportunity for us to do so. Dragon boat racing is a tradition that stretches back centuries and embodies some of the best qualities of Chinese culture -- team spirit, a positive attitude, and colourful festivities," said Lee Kum Kee Director Mr Eddy Lee. "Naturally, traditional cuisine is also very important to Lee Kum Kee. Our partnership with the renowned Ho Choi Group is a way to promote the highest standards of Chinese culinary tradition using quality sauces and condiments. Through both these initiatives we aim to do our part to preserve and strengthen our shared cultural inheritance."
Open from 10am to 6pm every day and located close to the finish line of the race course, the Lee Kum Kee stand at the "Lee Kum Kee 8th IDBF Club Crew World Championships" will give out souvenir fans, and ten thousand Chinese barbecue pork buns seasoned with Lee Kum Kee premium oyster sauce, to share the unique Chinese traditional culture with paddlers, spectators and tourists.
The booth will also feature a special vending machine dispensing tube packs of Lee Kum Kee Premium Oyster Sauce. Every pack sold from the machine from 4 - 8 July comes with an instant-win lucky draw ticket, with prizes on offer including premium Lee Kum Kee sauces and condiments and a grand banquet at Ho Choi Seafood Restaurant.
All these activities in support of the Hong Kong Dragon Boat Carnival will be further bolstered by the presence of the official Lee Kum Kee dragon boat racing team at the event, with the company's representatives actively participating to "Keep Heritage Moving" and support Lee Kum Kee's efforts to sustain Chinese traditions as part of a vibrant living culture.
About Lee Kum Kee Company Limited
In 1888, Mr. Lee Kum Sheung invented oyster sauce in Nan Shui Village, Guangdong Province, China and established Lee Kum Kee. Today, Lee Kum Kee has introduced more than 220 sauces and condiments reaching over 100 countries and regions across five continents. It is now a century-old Chinese sauces and condiments brand recognised around the world.
With its core values of "Pragmatism, Integrity, Constant Entrepreneurship" and "Si Li Ji Ren (Considering Others' Interest)", Lee Kum Kee has become a symbol of quality and trust.
Lee Kum Kee will continue pursuing its mission of "Promoting Chinese Cuisines Worldwide", aiming to reach every corner of the world.
To know more about Lee Kum Kee, please visit our website www.LKK.com.
About Lee Kum Kee 8th IDBF Club Crew World Championships
The CCWC takes place every other year and its eighth edition is a joint venture between the HKTB, the HKDBA and the International Dragon Boat Federation (IDBF). The participating crews come from over 20 countries and regions, and their entries have been sanctioned by the IDBF member organisations in their respective countries and regions to ensure that the competing athletes are first-rate.
About Lee Kum Kee Dragon Boat Team
The Lee Kum Kee dragon boat team will compete in four separate races at the Hong Kong International Dragon Boat Races and the CCWC. Established in 1998, the team now has 120 members from Hong Kong and mainland China and has participated in international dragon boat competitions in Hong Kong, Japan and Malaysia.


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Since late last year when the first volley of Xbox 360s sold out near instantaneously we've been hearing the
noise of Microsoft's wheels in motion to crank out more consoles. Well, today apparently they've "turned a major
corner" as Peter Moore announced -- four to six weeks
-- that as of this week they're doubling to tripling their output to retailers. In other words, if you've
been having a hard time getting your hands on a device (and are now especially disinclined to wait around until fall / winter for a
), this could be the week you have to call mom and ask for that loan after all.


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The HSPA+ capable T-Mobile myTouch 4G has gone on sale in the US, priced at $199.99 with a new contract. Four color versions are on offer – black, white, red or plum – with the contract-free handset coming in at $449.99.
You’ll obviously need a data plan to go with it, which is $30 on top of a $49.99 per month or higher voice/messaging plan. If you opt for contract-free, you can have web, talk and text from $59.99 per month instead.
The myTouch 4G has a 3.8-inch touchscreen, runs Android 2.2 Froyo and gets T-Mobile’s customized version of HTC Sense including Nuance-powered voice recognition. There’s also WiFi b/g/n, Bluetooth, GPS and a 5-megapixel camera with autofocus, while a front-facing video camera can be used for video calls.
[via Android Community]


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NRF is the world’s largest retail trade association. Every day, we stand up for, celebrate, educate and inspire the people who power the retail industry.
Consumers will be spending more than ever on Mom this year.
NRF's annual survey found total spending is expected to reach a record $25 billion.
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Always be the first to know about the latest retail news. Sign up for NRF SmartBrief — a free daily newsletter filled with the day's top retail news and industry information.
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NRF’s philanthropic arm, the NRF Foundation, helps support a bigger, better pool of talent for retailers nationwide. Through education, training, scholarships and experiences for everyone from high school and college students to people with barriers to employment, we help more job seekers take their first steps toward promising careers.


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How big are apple stocks in Europe? Which variety is dominant? Why was it worth visiting Berlin in early February? We present a review of industry news straight from the Old Continent!
Smaller stocks of apples in Europe
According to the latest data published by The World Apple and Pear Association (WAPA), at the beginning of 2023, there were about 4.052 million tons of apples in the storage chambers of the European Union, Great Britain and Switzerland, which is about 6% less than in the same period last year, according to the portal polskisadownictwo.pl. The largest stocks of apples are held by fruit growers from Poland (1.259 million tons, i.e. 8.9% less than last year), second place is occupied by the Italians (1.160 million tons; 3.2% less than last year), third place belongs to the French with stocks of 560,000 tons (6.7% less than last year).
Which apples is there most of?
The latest WAPA report on apple stocks shows that at the beginning of this year, Golden Delicious apples dominated in European storage chambers. Their stock is estimated at 845,000 tons (20.1% less than in the same period of 2022). Subsequent places are taken by the following varieties: Gala (with 430,000 tons, i.e. 15.5% less than last year), Red Jonaprince (306,000 tons, 23.1% more than last year), Idared (223,000 tons; 19.2% less than last year), Cripps Pink known under the Pink Lady® brand (217,000 tons; 28.8% more than last year) and Red Delicious (210,000 tons, i.e. 13.4% more than last year).
Polish apples in Indonesia?
According to the portal sadownictwo.com.pl, Poles can start exporting apples to the Indonesian market. Entities that expressed initial interest in such trade at the stage of establishing export requirements have just been given the opportunity to commence it. Polish authorities hope that opening the Indonesian market for Polish apples will have a positive impact on balancing bilateral trade. According to the latest data for the period from January to November 2022, Poland recorded a deficit in trade in agri-food products with Indonesia of nearly EUR 19 million.
EUR 2,500 for giving up glyphosate
France has received approval from the European Commission to financially support farmers who will give up the use of herbicides containing glyphosate. The plan provides for a subsidy of EUR 2,500 for each entity that will resign from using products containing this substance by the end of 2023. Its total value is EUR 200 million, according to the portal sadowniczeabc.pl. This program is part of a broad strategy to eliminate plant protection products from transalpine fields. At the same time, it is worth recalling that there is an ongoing discussion in the European Union regarding the limitation or even a complete ban on the use of glyphosate in agriculture. The European Commission temporarily extended its approval for its use until mid-December this year.
Inspirations from Berlin
This year’s edition of Fruit Logistica (Berlin, February 8-10) has come to an end. Every year, this event attracts tens of thousands of visitors to the capital of Germany, including exporters and distributors of fresh products from around the world, as reminded by the portal sad24.pl. Fruit Logistica is an ideal opportunity to establish new business contacts, as well as maintain existing relationships. As the authors of the report note, this year’s stands delighted with their diversity and original ideas. In the opinion of the visitors, every person responsible for professional fruit trade should take part in this type of event at least once - even if not to start selling right away, at least to see how others do it. Analysing the assortment of European apples, distributors from South Tyrol dominated in terms of the number of brands or club varieties offered. In the case of this market segment, marketing strategies are becoming more and more expressive - there are new ideas for packaging, their design and colours. Poland is also starting to follow this trend. In Berlin this largest producer of apples in Europe, in addition to standard varieties, presented an offer of apples of the club variety Pola and one of the new Polish brands - Jupiter. The Dutch were also very active at the fair. Known for their commercial abilities, they were the most effective in soliciting future contractors.


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In 1998 a university dropout, Shawn Fenning, nicknamed napster, spent days without sleep in his uncle's office producing a new music swapping program now known as napster. Napster is an MP3 file sharing program that lets you connect to millions of other users world-wide and swap music with them for ABSOLUTELY NOTHING, even Napster itself as a program is FREE and is available to ANYONE with a PC and the Internet.
Napster spreads all types of music ranging from unknown and up and coming bands to famous names like Craig David and Artful Dodger this is all at absolutely NO COST. So as you can imagine, as Napster grew more popular than ever its total users topped 50MILLION in November 2000.
Nearly 75 percent of college students have downloaded music from the Net, according to a recent study by Greenfield Online, an international research firm. Nearly two-thirds of the 1,135 college students surveyed say they download music as a way to sample music before buying it.
So does this prove that the artists are actually benefiting out of Napster as people will hear their songs and possibly go and buy their singles. Many people believe music labels should have been donating money to Napster users, not threatening to sue them. And so the much-libeled Napster users are dedicated music buyers, quick to reach for their wallets. Greenfield research says it found that 45 per cent of online music fans are more likely to have increased their music purchases than online fans that don't use Napster. The study of Napster users found that 71 percent of users say they're willing to pay to download an entire album.
A maker of MP3 portable players said, "The year 2000 is a fantastic year for digital music, we had this earthquake called Napster whose...


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Business News›direct selling
India moves up to 11th position in global direct selling ranking
India has moved up to 11th position in the ranking of top markets of direct sellers, with retail sales of USD 3.23 billion (around Rs 26,852 crore) in 2022, global industry body WFDSA said in a report. Indian direct selling has registered a growth of 5.4 per cent over 2021 retail sales, said the World Federation of Direct Selling Association (WFDSA) report.
Tesla opening stores on tribal lands to directly sell to customers
Tesla is opening showrooms in US tribal lands where it can directly sell to customers, evading state laws that prohibit vehicle manufacturers from being retailers. A recent announcement by Mohegan Sun revealed that Tesla will launch a showroom with a sales and delivery centre on the federally recognized Mohegan Tribe's sovereign property in Connecticut, despite the state law.
Karnataka tops direct selling market in south with sales of Rs 1,128 crore: IDSA
Providing self-employment to 78,000 entrepreneurs in Karnataka, including 34,000 women, the direct selling business in the State posted a sales increase of Rs 94 crore in 2021-22, a 9.09 per cent growth over the previous year's figure of Rs 1,034 crore, the self-regulatory body for the direct selling industry in India said.
French premium furniture maker Gautier to re-enter Indian market
The company will set up stores over 3,000-5,000 square feet across metroes and large cities, primarily in the South to begin with. While at present it will import all furniture from France, there are plans to set up a manufacturing line as the India business scales up.
Eight states form monitoring committees to supervise direct selling activities
The Consumer Protection (Direct Selling) Rules as notified by the central government in December 2021, have a provision to set up a monitoring committee by state governments to supervise the activities of direct sellers and direct selling companies.
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Draft Retail Policy proposes centralised inspection, single window for licencesThe policy is not intended for e-commerce, direct selling, multi-level marketing or street vendors and the government intends to provide a national common framework for development of retail sector across the country through it.
Indian Direct Selling industry crosses US $3.25 billion in retail sales, ranks 12th globally: reportIndia reported the highest compound annual growth rate at 15.7 % over a three-year period among the top 15 direct selling countries, the report said. India also registered the highest year-on-year growth of 7.7 %. The report noted that India, despite Covid-induced disruptions and challenges, showed resilience, and reported the highest annualised growth among countries with retail sales over US $3 billion.
Direct selling has to be clearly defined: Industry bodiesAccording to a consumer affairs ministry notification, there are about 400 direct selling companies in India, including Amway and Oriflame.
Direct selling industry grows 7.7% to Rs 18,067 cr in FY21: ReportThe Annual Survey 2020-21 revealed that employment in the direct selling industry has also increased. The total number of active direct sellers in FY21 grew 6.32 per cent to 7.9 million against 7.4 million in FY2019-20. "In terms of the gender ratio of Direct Sellers, the industry currently comprises 53 per cent of male and 47 per cent of female active Direct Sellers," as per the report.
Direct selling cos banned from promoting pyramid schemesDirect sellers must have at least one physical location as their registered office within the country and make a declaration that they are not involved in any pyramid scheme or money circulation scheme, as per the Consumer Protection (Direct Selling) Rules, 2021 notified by the Ministry of Consumer Affairs, Food and Public Distribution.
New rules to bring clarity, provide legitimacy, say direct sellersThe government on Tuesday notified the Consumer Protection (Direct Selling) Rules, 2021. The rules notified by the nodal Consumer Affairs Ministry are to be complied with by both direct selling entities and direct sellers using e-commerce platforms for sale. The entities have to ensure compliance with the rules within 90 days. Henceforth, the direct selling companies will also be liable for the grievances arising out of the sale of goods or services by its direct sellers.
Government notifies new rules for direct selling industryThe Consumer Protection (Direct Selling) Rules, 2021 notified by the nodal Consumer Affairs Ministry are to be complied with by both direct selling entities and direct sellers using e-commerce platforms for sale.
Atomy to set up India manufacturingThe maker of personal and baby care products and health supplements, which began operations in India last year, presently imports products, relying on multiple suppliers.
Direct Selling Association to seek clarity on 'minor issues' in draft normsThe draft norms by the Department of Consumer Affairs propose to bring direct selling under a regulatory framework under the Consumer Protection (Direct Selling) Rules. The ministry has sought comments and suggestions from stakeholders by July 21.
Govt issues draft norms to regulate direct selling cosThis is for the first time such draft rules have been framed, which specify that these entities will be barred from charging any entry or registration fee from agents.
Govt proposes norms to protect direct sellers & make direct selling entities accountableEarlier in 2016, the ministry had come out with a set of guidelines for the sector, which were advisory in nature. But now the proposed rules under the Consumer Protection Act will have legal backing and violation will attract penalties.
IDSA introduces direct selling in academicsIDSA said it has collaborated with Shoolini University to introduce direct selling in academics and launch a centre of excellence (CEDSA), to facilitate a year-long post graduate diploma in direct sales. CEDSA will be India’s first 'centre of excellence’ for direct selling, a statement released by IDSA said.
Direct selling firm Amway forays into Chyawanprash category in India"This launch marks Amway's foray into the Chyawanprash segment, with the strategy to capture a sizable pie from the growing Ayurveda market in the county," Amway India said in a statement.
More than half of overall workforce in direct selling are women: IDSAThe growth of direct selling in India is being driven by women and industry is leveraging benefits of social networking and adoption of communication to promote sales, IDSA said in a statement.
18.1 million to be employed by direct selling industry by 2025This proves that the Direct Selling Industry is flourishing and illustrates its potential with the continued rate of growth -- increasing at an impressive rate of 12.1% Y-o-Y.
Direct selling industry crossed sales of Rs 7,500 crore in April-September: ReportWith increased awareness about immunity, health and nutrition, the wellness segment registered the highest year-on-year growth of 20.45% during the period. Sales of cosmetics were also close to 20%, while homecare and household products grew 15.17%, the IDSA report said.
Direct selling should be governed by commerce ministry: CAIT to Piyush GoyalIn a letter to Commerce and Industry Minister Piyush Goyal, the Confederation of All India Traders (CAIT) said, "We are of the considered opinion that direct selling is an integral part of the retail trade like other verticals including big retail, small retail, e-commerce and self employed groups."
Amway India to invest additional Rs 100 cr in two years to fund growth plans: CEOAmway has committed an investment of Rs 1,000 crore in India, which includes an investment of Rs 600 crore to set up its manufacturing facility in Nilakotai, Tamil Nadu. CEO Anshu Budhraja said Amway India's future strategy will entail both offline and online platforms with an increased focus on online.
Indian direct selling industry records USD 2.47 bn sales in 2019, ranks 15th globallyIn terms of the number of direct sellers, India has been ranked at sixth position, proving employment to 57.50 lakh people. However, the global direct selling industry has reported an overall decline of 4.3 per cent in sales to USD 180.47 billion in 2019.
CAIT suggests imposition of minimum operating price for products"Under the circumstances and visualising it as a price war, we suggest it is the high time when the government must step in and enforce the fundamental of Minimum Operating Price which is the price consisting of landing price, operational cost and reasonable profit margin and below the MOP no product should be sold in the market," CAIT said in the letter.
Amazon moves Supreme Court against direct selling companiesAmazon challenging a Delhi HC order barring etailers from selling goods of direct selling cos.Load More
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MacRumorsMar 22, 2023, 12:48 pm196 ptsNothing today announced the launch of its second-generation wireless earbuds, the Nothing Ear (2), which offer many of the same features as Apple's AirPods Pro 2 at a lower price point. We went hands-on with the Ear (2) earbuds to see whether they're a viable alternative to the AirPods Pro 2 for those who…
Trending Today on MacHash
Avid reportedly exploring sale of company MacDailyNews 534
Google to pay $32.5M as jury sides with Sonos on patent lawsuit AppleInsider 247
TouchArcade Game of the Week: ‘Super Cat Tales: PAWS’ Touch Arcade 181
Twitter quits EU's voluntary disinformation Code of Practice AppleInsider 175
MacHash is your up to the minute Apple news source. It's a content discovery engine that continuously delivers the latest Apple, Mac and iOS headlines from the web's best sources.


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Airbnb took action last weekend to ban "Unite the Right" rally-goers from its platform, but its executives say they were never welcome in the first place.
In a statement provided to HuffPost Canada, CEO Brian Chesky said some people attending the violent white nationalist gatherings had planned to stay and throw parties at Airbnb listings while in Charlottesville, Va.
"In this case, last week, we removed these people from Airbnb."
He said the platform "will continue to stand for acceptance."
"The violence, racism and hatred demonstrated by Neo-Nazis, the alt-right and white supremacists should have no place in this world."
Co-founder Nathan Blecharczyk told Bloomberg News that the users' stance was "completely incompatible with our values."
Airbnb makes users sign a pledge when they sign up that they will not discriminate or exhibit hatred.
"Whenever we become aware of such an example, they're permanently banned from the platform."
Banned users for racist messages
Airbnb users who have sent racist messages have been banned from the platform in the past.
In April, a host was permanently banned after cancelling her guest's reservation because she was Asian-American.
And in June, another host was removed after sending racist messages to a black guest.


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NEW YORK, May 18, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
The report provides an overview of the Chinese economy, its logistics sector, the Hi-Tech and Telecom industry in Chinese and its logistics spend. It also Highlights the trends in the Chinese Hi-Tech and Telecom logistics space as well as insights from industry players on their demands from logistics service providers to address their changing requirements.
Features and benefits
* The report is about detailed analysis of logistics statistics including forecasts in the Chinese hi-tech and telecom industry
* It Highlights the opportunity areas for third-party logistics providers serving the Chinese hi-tech and telecom players
Logistics spend in the technology components and the technology equipment market in China is expected to grow at a CAGR of 2.8% and 13.7% over the period 2010-2014, while logistics spend in the telecom handsets and infrastructure market in China is predicted to witness a CAGR of 4% in the same period.
Contract logistics in the technology components and the technology equipment market is expected to grow at 9.3% and 20.2% respectively over the period 2010-2014 and the same is expected to grow at CAGR of 10.3% for telecom handsets and infrastructure market.
Your key questions answered
* To understand how the hi-tech and telecom logistics sector performed during the economic slowdown and how is it likely to evolve through in the future
* Insights from hi-tech and telecom players on their demands and expectations from logistics services providers
To order this report:
Intl: +1 805-652-2626


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Latest Children's clothing Stories
Icy temperatures gripping New Zealand this Winter are great for the skiing tourism industry but as it hit so suddenly, many parents with babies may not have been prepared with warm baby clothing.
DiaperBuys.com is pleased to announce the winner of its recent sweepstakes contest.
Organic Baby N Things now introduces our brand of waterproof and wipeable changing pad covers, diaper travel changing mats including 100% GOTS Certified Organic Cotton Sateen Crib and Portacrib
DiaperBuys.com is pleased to announce the winners of its recent Cute Baby Photo Contest.
DiaperBuys.com is pleased to announce their newest sweepstakes contest on the company’s Facebook page, which will run until May 28.
Glow Bug Cloth Diapers is introducing its revolutionary new invention, the 360° Gusset and is offering free shipping for the month of May to celebrate the release. Barrie,
- To say in too many words; to express verbosely.
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- The leading idea or a repeated phrase, as of a song or ballad; the refrain; burden.


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Visuals Manchester United’s meant 3rd kit for following season have been leaked on the net.
Patterns for a zebra print shirt for the Red Devils’ 2020/21 marketing campaign ended up posted on social media – and it is daring!
How Manchester United’s third kit could appear like up coming year
Footy Headlines had earlier uncovered that Man United have been set to introduce a daring design for their 3rd package dependent on a dazzle camo black and white print.
A achievable design and style professing to be a leaked edition of the package with the putting black and white structure and red trim on the neckline and sleeves was posted on Twitter before this week.
The design did not seem to be to go down very well with United followers, even though.
One wrote: “I have received all shirts from 91/92 year till today. It would be the first shirt which I won’t purchase. Only Terrible.”
Yet another merely reported: “Ugly.”
Though a different person posted: “They could have only claimed ‘we don’t want your money’.”
It would not be the to start with United package that has divided viewpoints in latest seasons.
Final summertime, principle designs ended up unveiled for their ‘snakeskin’ away kit ahead of its official release to mixed responses.
Maradona, the Hand of God and placing fire to a Womble – A single of talkSPORT’s funniest calls


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Zimbalist Joins Simulmedia as Chief Marketing OfficerFormer NYT Exec Will Promote Targeted Ad Company 3/22/2016 12:00 PM Eastern
Simulmedia said it hired Michael Zimbalist as chief marketing officer.
Zimbalist had been senior VP of advertising products and research and development at the New York Times Co.
"Michael is one of the smartest, most creative, and most respected executives in digital marketing," said Simulmedia CEO Dave Morgan. "His experience in bringing disruptive, transformational change to the advertising marketplace will serve us well as brand marketers finally contend with making their TV ad dollars go further and be more transparent and accountable to business outcomes."


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Posted by Jon on Tuesday, March 20th, 2018 and filed under
On WSJ’s “Big Brands Risk Losing Their Voice” – Original Article
When we started GimmeAnother about 5 years ago, we posited that there was a large and kinda obvious efficiency that was being left on the table by online retailers. In a nutshell, online shopping was still defined by a standard checkout routine, a process that was the same for both new orders and orders that should be recurring. Or, to put it plainly: the checkout process was exactly the same for the purchase of an expensive durable good, like refrigerator, as it was for consumers who regularly returned for refills of vitamins, diapers, or contact lenses. To a great extent, many major retailers retain this complexity in their checkout and re-order processes to this day – even for recurring orders from their most loyal customers – as they try to beat (or simply compete with) Amazon at a game that the book-store turned everything-store monolith has largely perfected. The race to be present in voice re-order by Amazon’s Alexa is the latest in their set of hurdles.
It always struck me, though, that beyond the traditional brick and mortar retailers, regional grocers, and pharmacy chains that would inevitably be hit hard by Amazon – and indeed they were, are, and will be still – the largest long-term overall loss of core value might, in fact, be among by established household brands that can no longer found an easy home on the end-caps at Target and Walmart. Simply put, as Amazon drove prices down, and made home-delivery a snap, large box retailers like Target and Walmart would prioritize in-house brands (like ‘Up and Up’) over well-known staples like Tide or Cascade. The goodwill and name recognition that had taken decades to build would start to erode. Amazon’s success with the Alexa voice assistant, of course, has made it all an even more difficult equation as Amazon is now set to control the distinction between actual product type and the priority of brand that ends up in your cart via Alexa. You can count on receiving Amazon-brand batteries before Duracell unless you specify.
While it’s hard to know exactly where CPGs (Consumer Packed Good) behind these “big brands” might choose start a relationship with the end consumer, it does boggle the mind a bit to think that in the first 20 years of the internet, they’ve not found a way to give it an earnest try. As per the attached WSJ article, CPGs that continue to rely on retailers – and now retailers voice assistants like Alexa – as their sole channel for communication with the end consumer are sure to lose additional cachet with consumers and presence in the digital end-caps and aisles of the future.
– Jon Roketenetz
Jon is the CEO of GimmeAnother.


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26 startups competed in the North America finals of the world’s largest and most diverse startup pitch competition and support program of its kind
Winners received cash prizes and qualification to the global finals in November to compete for prizes totalling $5m and investment
National finals are taking place around the world throughout the year
Last week, hundreds of investors, corporate executives, entrepreneurs and thought leaders packed the house at GSVlabs’ Silicon Valley and Boston Innovation Centers for the Entrepreneurship World Cup (EWC) national finals. EWC, established by the Misk Global Forum (MGF), and Global Entrepreneurship Network (GEN), is a global startup competition and support program focused on recruiting and aiding early-stage companies from an applicant pool of over 100,000.
Often times the decision is not whether or not you should use a development partner, but rather who the right development partner is for you and your business. The first thing to think about is what type of model you are going to use. The three most common models are fixed cost, dedicated resource, and hourly.
From hundreds of applicants, 26 companies made it to the National competition - 20 finalists from the US (10 on the East and 10 on the West coast) and 6 from Canada. The winning startup from each group was awarded $25K in non-dilutive funding from GSVlabs, plus a trip to the global EWC Finals this November for a chance to compete for $5M in prizes and investment. Participants pitched to a panel of esteemed judges, representing marquee venture capital firms (Venrock, Silicon Valley Data Capital) and some of the world’s leading universities (HBS, MIT), including West Coast judge Tom Willerer, Partner at Venrock who remarked, “the level of quality among the entrepreneurs at the Entrepreneurship World Cup was off the charts. It made the job of judging both very interesting and very hard! Congratulations to all involved.”
The Entrepreneurship World Cup provided a global platform for builders to connect with each other and share learnings… there's something special that happens when founders get together in Boston in the same room at GSVlabs
- Keith Corso, Founder & CEO - BusRight
One of the finalists in the East Coast competition.
Advancing to the finals are Koniku, an advanced biotech company that creates living machines to detect volatile organic compounds in the air, with the potential to revolutionize global healthcare and security. "The Koniku team had a great time at the EWC organized by GSVlabs. We met a lot of formidable startups and generated a lot of interest amongst the VC's who were in attendance... We are looking forward to Riyadh" said Osh Agabi, Founder & CEO, Koniku. On the East Coast, the title was taken by Tive, a real-time supply chain solution that provides end-to-end visibility and analytics at the asset level during transit, and from Canada by NERv Technology, a health tech company that has developed a sensory platform designed to detect gastrointestinal leaks that can arise after surgical procedures.
The runner-ups were Corumat who create micro-engineered bioplastics with a goal to eliminate billions of pounds of plastic waste, Nineteenth Amendment, a female-founded platform for sustainable, inventory-free retailing, and Retaildeep, computer vision and analytics to supercharge retail in brick and mortar stores. The runner ups were awarded $10K each in non-dilutive funding and because they were so impressed with the quality of their pitches, MISK sponsored their participation in the Global Finals as well. GSVlabs offered all 26 participating finalists a free annual membership to Passport, plus a year of co-working space at both our Silicon Valley and Boston innovation centers.
EWC national finals are continuing around the world, culminating in global finals in Riyadh, Saudi Arabia in November.
All the startups have shown profound business viability, strong technical acumen, and, most importantly, great potential to leave a footprint of global impact. We have been humbled to see some of the Silicon Valley and Boston ecosystems’ key stakeholders participate in the judging process.
- Abdulrahman Al-Suhaymi, Initiative Manager,
Entrepreneurship World Cup, Misk Global Forum
This is more than just a simple pitch competition.The Entrepreneurship World Cup brings international expertise and support to more than 100,000 individuals in over 170 countries -- helping them take the next step in their entrepreneurial journey, no matter where that may be.
- Jonathan Ortmans, president of the Global Entrepreneurship Network
In keeping with MGF’s ethos of internationalism, the US events are the latest in a series of national finals taking place in as many as 100 countries ranging from Brazil to Barbados,Colombia to China, India to Indonesia and many, many more. At every event we see proof that wherever young people live and whatever challenges they face, they can create the world-changing companies of tomorrow by harnessing the raw energy, optimism, mastery of technology and collaborative spirit of their generation. They are the greatest natural resource of any country and we stand ready to help unleash it.
- Shaima Hamidaddin, MGF’s Executive Manager
Global Silicon Valley Labs - GSVlabs - is a worldwide innovation platform headquartered in Silicon Valley with over 6,000 members, 300 startups, 450 investors and 75 enterprise partners in our network. Our mission is to create the world’s premier global innovation platform - empowering entrepreneurs and democratizing innovation around the world. We create powerful network effects by supporting entrepreneurs, accelerating startups and enabling innovation in the world’s largest companies. We catalyse the world’s innovation ecosystem, and through our new digital platform GSV PassportTM connect Silicon Valley to the World and the World to Silicon Valley.
About Misk Global Forum
The Misk Global Forum (MGF) is the flagship international platform of the Misk Foundation, a non-profit philanthropic foundation established by Saudi Arabia’s Crown Prince Mohammed bin Salman to discover, develop and empower Saudi young people to become active participants in the knowledge economy. Launched in 2016, MGF takes Misk’s mission onto the world stage, helping young people to realize their potential in the future economy and become active global citizens. Through international events, partnerships, and initiatives, MGF brings together emerging and established leaders, innovators, and creators to explore, experience and experiment with ways to meet the challenge of change. Website: http://miskglobalforum.com.
The Global Entrepreneurship Network operates a platform of programs in 170 countries aimed at making it easier for anyone, anywhere to start and scale a business. By fostering deeper cross border collaboration and initiatives between entrepreneurs, investors, researchers, policymakers and entrepreneurial support organizations, GEN works to fuel healthier start and scale ecosystems that create more jobs, educate individuals, accelerate innovation and strengthen economic growth. To learn more, visit genglobal.org.
The Entrepreneurship World Cup empowers entrepreneurs at all levels – from idea stage to scale-up – helping them reach the next stage in their journey by providing them with access to free training and resources, enhancing their visibility and working to connect them to mentors and potential investors. The EWC is the biggest and most diverse startup pitch competition and support program of its kind, featuring 100,000 entrepreneurs from 170 countries, and it offers winners life-changing prizes, including training and resources, networking and connection opportunities, investment, and cash-prizes totalling US$5 million.


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SOUTH HACKENSACK, New Jersey (WABC) -- With Easter right around the corner, a New Jersey family owned bakery is baking and distributing 2,000 Easter breads to help families celebrate the holiday.
Clemente Bakery, in South Hackensack, has been a household staple for New Jersey families since 1974.
They began half a century ago baking bread out of one brick oven and now three generations run an all-hands-on-deck effort in the family business.
Although the bakery's Easter bread is a huge favorite, customers also love the homemade cookies, pastries, brick oven breads, fresh mozzarella and so much more.
The bakery supplies restaurants all over the Tri-State and ships to people all over the world.
Nina Pineda gets a look at one of the oldest bakeries in the area in the video player above.


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Vincenzo Morabito Essay
MILAN, Italy, July 22, 2021 (GLOBE NEWSWIRE) — Digital innovation has long been high on the political agenda and a subject of debate for many key sectors of the economy. But what could be the best approach? Professor Vincenzo Morabito answers this question in his new essay entitled “Digital Entrepreneurship, Management, Systems and Practice” (published by Cambridge University Press), coming out soon. “The idea” behind this book, explains Morabito to LaPresse, “is very simple: entrepreneurship is becoming more and more digital, and digitalisation is changing the way we do business. It is time to explain which trends should be followed and guide the new businesses.” This essay “responds to a need felt by both the younger generation and by those who want to change their life path thanks to digitalisation; it is a sort of guide and direction.”
While policy and decision-makers ask themselves how to include mobile devices, digital platforms, cloud, big data, cybersecurity and blockchain in their strategies, what is often missing is a broader awareness of the current mega-transition.
In the digital age, points out Morabito, professor at Bocconi University, entrepreneurship is now more demanded than ever. Nevertheless, it is not enough to hold online meetings, have paperless offices or be active on social media in order to be considered a digital entrepreneur. Instead, a systemic approach is needed.
The pandemic has accelerated the digitalisation process: “It was inevitable. But, of course, the pandemic has given an exponential acceleration. So today, more than ever, digitalisation is an unavoidable way of reinterpreting business models. It helps rethink business models: the traditional ones are still there, but they can be made more relevant.”
To do this, explains Morabito to LaPresse, “There are two ways: either we create completely digital businesses, with new jobs emerging thanks to digitalisation, or we reinterpret the existing models. Our country cannot be left out. It should stimulate the creation of global digital businesses: we need to encourage the creation of global businesses that will lead Italy worldwide, even in traditional sectors that are pillars of our country, such as fashion or tourism. This is the only way to make the Covid crisis an opportunity for rebirth.”
For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola – email@example.com +39 02 26305578 M +39 333 3905243
A photo accompanying this announcement is available at https://www.globenewswire.com/
The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.


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More than 500 hotels in 100 cities have checked out of OYO since April. As relationships soured after various disputes including contract breaches, arbitrary commission rate changes, stoppage of minimum guarantee amounts and threating legal notices among others, the Soft-bank backed hospitality chain OYO has snapped relationship with almost 500 hotels in 100 cities across the country.
Pradeep Shetty, Honorary Secretary of Federation of Hotel Restaurant Associations of India (FHRAI), stated “Many state and city associations have reported instances of large-scale termination of contracts with OYO as also protests held by small local hotels against non-payment and other problems faced by them. It has also been reported to us that hotels are not being allowed to exit from OYO due to holding back of the ‘no-objection’ certificate by the company”. Further adding on that about an estimated 500-700 have exited OYO since April.
However, the trouble doesn’t end there for the Indian-Hospitality brand.
Previously accused of contract breaches, arbitrary commission rate changes and other violations, the FHRAI has complained to the Competition Commission of India (CCI) against OYO. With CCI investigating the matter, the Indian-Hospitality brand has denied all accusations as “incorrect” and “inflated”. Hotels exiting from Bengaluru, Goa, Gurugram, Chennai, Hyderabad, Kolkata, Noida and Pune, hotels have not been able to take back control of their own online listing, despite cutting ties.
However, an OYO spokesperson has come forward to make a statement to Business Today regarding the above as follows:
“We voluntarily deflate some hotels annually due to quality issues. As we continue to strengthen our focus on customer experience, we are taking strict measures against hotel owners who don’t comply with our quality metrics and compromise customer satisfaction.”
Despite its recent funding round led by Softbank for a USD 1.5 billion series-f financing, customers are calling out OYO for it’s below par service and booking woes. With hotels reportedly suffering large losses, the company seems to be holding onto the properties on their own platform, come arbitration or not.
Dear @oyorooms , please explain what kind of hotels/guest service you have hired who does not understand simple english. You have taken every categories of hotel under OYO without checking how terrible they are.#BoycottOyo @riteshagar #Nostandard pic.twitter.com/dIR9w6Kv1a
— yash srivastava (@yashsrivastava9) November 23, 2019
Neeraj Jain, a member of the Hotel and Restaurant Association of Eastern India and Hotel and Restaurant Association of Orissa said, “Hotels that have ended agreements are still getting reflected as ‘sold out’ and Oyo is not releasing the properties,” after ending partnership with OYO for three hotels in Orissa and Kolkata about seven months ago.
With the government also not stepping in to help these hoteliers, OYO’s plan to expand might be a make or break for the Indian-Hospitality brand.


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“The 28.0% increase in new car sales in June builds on the continued strong momentum in auto retailing”, said Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle dealers in the UK, commenting on the latest SMMT’s new passenger car registration figures.
New car sales increased by 28.0% compared to the same month last year when most dealerships had reopened after the first lockdown and the market benefited from significant pent-up demand. In total, 909,973 new cars have been registered in 2021. Battery electric vehicles rose 122.9% and plug-in hybrids grew by 145.7%, in June. Registrations of petrol and diesel vehicles declined by -1.7% and -34.7% respectively. Demand from private customers was up 21.8% from 2020’s levels.
Sue Robinson added: “Retailers are seeing robust consumer demand and continued outperformance of the UK retail new and used car market.
“Franchised dealers are optimistic for trading over the summer albeit there will likely be a tightness in supply of new cars ahead as the shortage of semiconductors is hitting car production.
“We expect the industry to continue to perform well, with consumer confidence remaining high and retailers providing a first-class service to their customers”.
NOTES TO EDITORS
Gabriele Severini, NFDA Communications Manager
Tel: 0207 307 3423
Mob: 07880 039 897
Web: www.nfda-uk.co.uk Email: firstname.lastname@example.org
The National Franchised Dealers Association (NFDA) is the trade association representing franchised car and commercial vehicle dealers in the UK. The automotive retail sector is one of the pillars of the UK economy, it has a turnover of around £200 billion and employs 590,000 people. There are about 4,500 automotive franchised retailer outlets in the UK.
NFDA is the voice of automotive retailers.


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British Gas refuses to take part in Big Switch scheme
British Gas - one of the UK's "big six" energy suppliers - has become the latest company to announce that it won't be partaking in Which?'s Big Switch scheme, according to an article published by This Is Money.
Designed to allow customers to utilise the power of collective bargaining to buy energy at a cheaper rate, the Big Switch has attracted around 250,000 consumers so far.
However, British Gas has refused to take part in the scheme - three weeks before the first auction - on the basis that its current proposals are not "simple, transparent or fair for all customers."
Managing director of energy at British Gas, Ian Peters, stated: "We support the principles of collective buying and switching for energy customers in Britain, but any new buying mechanism must be simple, transparent and fair for all customers.
"It should also provide an opportunity to engage not just those who already switch regularly, but a wider group of consumers to help them get the best value for the money they spend on energy.
"We believe there should be more debate about the potential for collective buying and switching - with the aim of finding solutions that are genuinely in the long-term interest of customers," Mr Peters added.
In response to Mr Peters' comments, a spokesperson for Which? told This is Money: "We have been fully transparent throughout this process. Which? is a not-for-profit charity and have been clear that we would charge a fee to the winning supplier in order to cover our costs. The Big Switch is not about encouraging below cost pricing but rather establishing the best price for customers, many of whom are struggling with rising energy bills."
Energy suppliers Scottish and Southern Energy, Ovo Energy, Ecotricity, Good Energy and Utilita have all previously confirmed that they will not be participating in the scheme.
Latest gas and electricity news brought to you by UK Power - the energy price comparison site.
Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.


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PC World: iPad 2 to Launch Before End of 2010
PC World is reporting that Apple may release a new iPad in December. According to the report, Apple is tinkering with a new tablet that sports a 7-inch touchscreen (a mini-iPad, so to speak) and may roll out before the end of 2010. The source of the report is the Economic Daily News, major Chinese-language Taiwanese newspaper. This news comes on the heels of a source code discovery deep within iOS 4 that not only references a CDMA iPhone but also the next iPad.
It should be mentioned, however, that this is the publication that first reported the iPad's definitive existence while many others still regarded the "Apple tablet" to be a mythical device that would likely not manifest any time soon. With some degree of credibility in tact, the publication follows last week's Digitimes report indicating that Taiwanese companies have already begun assembling the forthcoming 7-inch iPad.
The Economic Daily piece references a number of Taiwanese companies that have secured "component contracts" for the device presently - and unofficially dubbed - iPad 2. Chimei Innolux will supply 7-inch LCD screens, notes the report, which utilizes the same in-plane switching technology of the first generation iPad. Meanwhile, touchscreen technology for the screens will be from Cando Corporation. Compal Electronics will assemble the new, smaller iPads.


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Are you curious about Rainbow Six Siege, but don’t wanna dish out the money? Well starting today all existing players are getting four keys to hand out to friends for free play, this weekend only. Unfortunately, this is only available for the PC players as of now. The promotion started today, December 18th, and will last all weekend. The free players will also have access to the whole game.
Existing PC players can visit this website to get their four keys.
The free weekend officially comes to an end on Sunday, December 20, at 9:01 PM PST.
For every referral key that gets activated, the referrer will receive a 24-hour XP boost after the free weekend ends. And for the new recruits coming to Siege through a referral code, they’ll have a chance to buy the full game for 25 percent off (from Ubisoft’s Uplay Shop), keeping all of their in-game progression as well.


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The iQoo Z7 Pro 5G will launch in India on August 31. The Chinese mobile maker has revealed several key details of the upcoming phone, including the processor, display and AnTuTu score. Now, iQoo has launched a new color option for the phone. Following the iQoo Z6 Pro, the phone will join the ranks of the iQoo Z7 5G which was released in early March this year. It comes with an octa-core MediaTek Dimensity 920 SoC and a 4,500mAh battery that supports 44W flash charging.
in a tweet According to iQoo India official (@IqooInd), the iQoo Z7 Pro 5G has launched a new graphite matte color version. The phone was previously teased to come in a Blue Lagoon color scheme. It features a 64-megapixel LED dual camera unit with Optical Image Stabilization (OIS) and a Ring LED flash unit. A rectangular camera module sits in the upper right corner of the rear panel. It also has a center-aligned hole-punch notch at the top of the display to accommodate the front-facing camera sensor.
The AnTuTu score of iQoo Z7 Pro 5G is 7,28,764, confirming that it is equipped with MediaTek Dimensity 7200 SoC, paired with 8GB RAM and 256GB built-in storage. The phone will feature a 3D curved Super Vision AMOLED display with a refresh rate of 120Hz and a peak brightness of 1300nits.
The phone will be priced under Rs. 25,000, but the specific price has not been disclosed. The iQoo Z7 Pro 5G is expected to feature a 6.78-inch display and is expected to pack a 4,600mAh battery with support for 66W wired fast charging.
Meanwhile, the iQoo Z7 5G is available in 6GB + 128GB and 8GB + 128GB storage variants and is priced at Rs. 18,999 to 19,999 respectively. Available in Norwegian Blue and Pacific Night.


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Groove With Farming Simulator’s Console Summer Trailer
I always wanted to play a good Superman game. But not one with all the super powers and bad guys in Metropolis: just one with all that good ol’ farming that Clark Kent grew up doing while growing up in Smallville. And now, Giants Software and Focus Home Interactive has answered my prayers, with Farming Simulator.
All sarcasm and half-baked comic dreams aside, Farming Simulator sold over 400,000 copies at launch with the 2013 edition, and is the number one farming simulation game on the market. The console edition will be bringing new content, which includes new vehicles (even from major brands like Lamborghini), new crops, new North American environments, and new machines. This new content can be seen in the trailer below, which also has some awesome funky music.
Farming Simulator is coming to the PS3 and Xbox 360 for the first time later this year in September. For more games by Focus Home Interactive, check out all of our Focus Home Interactive coverage.


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Highlights from the weekend:
- Lebanon's first crypto-themed escape room is now live
- Revival of Axie Infinity results in an increase of 205% in NFT sales
- The UK plans to close a regulatory vacuum in crypto
- Unicorn Hunters release their native token called Unicoin
Words of Wisdom:
- Changpeng Zhao
- Hal Finney
- Rudrash Kapoor
On March 20th, over 620 million dollars was stolen from a blockchain network that was associated with Axie Infinity. The game was left vulnerable after the hack took advantage of issues within the Ronin network and caused nearly irreversible damage. Jeff Zirlin, the co-founder of Axie - shared his thoughts via Twitter on July 8th with positive news that the revival is "healing." The strong adoption of NFT land staking and the Ronin bridge is being backed with a significant number of growing downloads and NFT sales.
Axie Infinity produced 1.3 million dollars of gross sales from 23,100 users, marking 205% growth for the week. One of the primary reasons for this surge was due to the need for food for Axie Infinity land. The staking function allows land owners to earn weekly benefits in the game's native token. Axie Infinity also released the second phase of its upgrades to a new game mode this month, "Origin" - which already received 600,000 sign ups from all over the world. The team is currently working on 3 new programs focused on rewarding users for referrals.
The United Kingdom is working on closing the regulatory vacuum in the current crypto market. The crash has intensified the need for lawmakers to resolve existing issues within the framework. As such, the Bank of England’s Financial Policy Committee has addressed the need for for a proper regulatory framework, and law enforcement in the field of crypto.
The committee announced that the growth of crypto assets, associated markets, and services are not a threat to the UK financial system. In fact, stablecoins are one of the hot issues that regulators are eyeing. The FPC stated that these tokens must meet the requirements and necessary standards of commercial bank money. The Financial Conduct Authority (FCA) also mentioned that they will conduct investigations around Terra's collapse while building new rules for the asset class. Ultimately, Britain desires to be a "global hub" for crypto and attract more companies in the sector.
"Unicorn Hunters" is a reality TV show that debuted in 2021 on Amazon Prime, and centers around a group of investors called the "Circle of Money" that dictates which businesses are worthy of receiving investment funds. Business owners from all around the United States have the unique opportunity to pitch their company's vision in the hopes that they'll gain some funding.
“Our partnership with Mitch Richmond will undoubtedly help us level the investment playing field as we continue giving people on the sidelines access to game-changing investment opportunities. Our ambassadors are key to our mission of expanding our audience and giving people access to wealth creation.”
Alex Konanykhin, CEO of Unicorn Hunters
Unicorn Hunters recently launched Unicoin to protect its users from rising inflation. The next-generation coin will help provide holders with a diversified portfolio of equity positions, with the help of evolving growth companies partnered with the show. Unicoins can be bought for just 10 cents per coin, and in 2023 - it'll be available on major crypto exchanges. Mass adoption is expected to take place after marketers develop "high brand value, global awareness of its benefits, and a strong equity portfolio.” NBA All-Star Mitch Richmond is the latest ambassador for Unicorn Hunters, and he plans to spread the word of Unicoin to basketball fans in the US.
In Lebanon, laws do not prohibit the use, trade, or ownership of cryptocurrencies. However, existing regulations are still only adopted to legal currencies. Said Nassar, the owner of a trendy Bitcoin escape room game called "Bitcoin Escape the System" - announced the grand opening on his Twitter account. The main goal of the room is to inspire and educate Lebanese citizens on the benefits of Bitcoin, while highlighting the country's digital currency adoption. Additionally, Nassar revealed that the participants will assume the role as grandchildren of a deceased Bitcoin owner.
The players will have 60 minutes to find all of the clues, and locate the seeds of a wallet containing 10,000 bitcoins. Sooly Kobayashi, a moderator at Bitcoin du Liban - called the escape room a "creative approach" to Bitcoin adoption. Lebanese Bitcoiners from the group Bitcoin du Liban were one of the first people to try out the room. All four of their members were able to sneak out with the fastest time to date. Regardless if you're a crypto enthusiast or not - this escape room is sure to educate and excite.
Blockchain Events and Conferences:
- Wednesday, July 13th (L'Aquila, Italy)
4th International Congress on Blockchain and Applications
- Thursday, July 14th (Singapore)
World Blockchain Summit - Singapore
- Thursday, July 14th (Palma, Spain)
Mallorca Blockchain Days 2022
- Saturday, July 16th (Paris, France)
...and finally, some memes for your morning:
This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. Charts, graphs and references to any digital assets are for informational and illustrative purposes only.
Finblox Blog is associated with Finblox - a reliable cryptocurrency earnings platform where you can buy and earn passive income on your digital assets.


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The goal is an ambitious one, but there appears to be no shortage of enthusiasm behind it.
In a case of the community giving back to the community, Wagner Athletics has joined forces with Kevin Mannix and his Staten Island-based Shop Rite grocery stores for a food drive aimed at feeding the hungry in Staten Island’s Port Richmond Area.
(Photo Below) Local Shop Rite owner Kevin Manniz (L) & Wagner President Richard Guarasci share an exchange during press conference at Project Hospitality
Mannix and Wagner College President Richard Guarasci held a joint press conference to announce the partnership in a packed second floor-room at Project Hospitality, a food bank that serves an average of 1.3 million meals per calendar year.
The food drive aspires to deliver no fewer than 25 tons of food to Project Hospitality by the end of 2012.
Speaking at the podium, Fr. Jack Ryan, a local priest representing Project Hospitality, noted his delight in seeing folks from all sects of the community come out to support the cause. According to Ryan, such an undertaking could not succeed with the convergence of local business members, educators, media members, and the emerging young leaders of the current generation.
In addition to the numerous Wagner student-athletes who were on hand to pledge their support for the program, a number of other local community businesses, headlined by The Staten Island Advance, expressed their willingness.
Donations boxes will be displayed at both Staten Island Shop Rite locations as well as the Advance’s main office.
Numerous food receptacles will be placed throughout the Wagner College campus on Grymes Hill.


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New business coming to US51
Published 5:12 pm Wednesday, February 28, 2024
BROOKHAVEN — A new business is coming to Brookhaven. West Lincoln alumni Jackie Ready said she is excited to move her store Diamonds in the Rough from Bude to US51 in Brookhaven.
The consignment and boutique store is relocating to 208 US51 in Brookhaven where Judy’s II Shoes was before the shoe shop closed in January. Ready said Judy’s II Shoes owner retired and opened up an opportunity for her to move the business to Brookhaven.
She is a current resident of Smithdale and opened her business in September in Bude. When she started to open her business she did not know the Homochitto River Bridge on US98 would be closed. The bridge closure impacted traffic and her business so she looked for a chance to move.
“I had looked into some places in McComb. They have a popular consignment shop there called Cornerstone that has three different stores there,” Ready said. “I went to school at West Lincoln.
I’m familiar with brookhaven and know a lot of people here. It is a lot of work to move but we are excited about it. I wanted to open up here to begin with.”
She initially worked in the medical field before a friend of hers asked if she wanted to be an assistant manager for St. Andrews in McComb. Her experience with retail at St. Andrews got the gears turning and she decided to open up her own boutique and consignment store.
Diamonds in the Rough’s opening date will be announced once the move is complete. The store is currently selling items in Bude as they work toward moving this weekend. Ready said she has a ton of inventory they have worked to pack or sell.
It might take several trips with moving trucks but she is ready to come to Brookhaven.
“I expect it will be a lot busier. Hopefully I’ll see some old faces I hadn’t seen in a while and just get to meet some new people,” Ready said. “I really enjoy being in this town. I’m happy to be back.”


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European Telecommunications Commissioner Viviane Reding won glowing praise for her vision of the Internet 3.0 Monday from Vint Cerf, one of the creators of the Web and now Google‘s vice president and chief Internet evangelist.
Reding launched a consultation
on the next generation of the Internet Monday, laying down what she sees as its essential elements and calling on Europe to lead the way to get there.
“Web 3.0 means seamless ‘anytime, anywhere’ business, entertainment and social networking over fast reliable and secure networks. It means the end of the divide between mobile and fixed lines. It signals a tenfold quantum leap in the scale of the digital universe by 2015,” she said in a statement.
At the same time the European Commission unveiled a report, outlining the main steps Europe must take to respond to the next wave of what it dubs the “information revolution.”
Trends leading to Internet 3.0 include the boom in social networking, the shift to online business services, nomadic services based on GPS (Global Positioning System) and mobile TV and the growth of smart tags using RFID (radio frequency identification), the report found.
It concluded that Europe’s focus on open and pro-competitive telecom networks and its emphasis on online privacy and security make it “well placed to exploit these trends.”
Cerf said in a blog to be published Monday that he shares Reding’s vision, with its focus on free and open networks and the need for open standards. However, instead of seeing Europe in the driving seat of change, he said the continent is well positioned to keep up with other parts of the world. The text of the blog was shared with the IDG News Service by Google, in advance of the blog’s posting on the Web.
“For Europe to keep up in the global online race, it needs to sprint ahead powered by an openness recipe encompassing a neutral network, users rights, and open standards. I’m delighted to see that Europe’s policymakers stress the successful ingredients to promoting a robust, healthy Internet,” he said.
The report accompanying the launch of the consultation “makes a compelling case for open standards,” Cerf said.
The report also identified a need to re-examine the concept of copyright in the online world, and called for a new business model for copyright holders. Cerf said Google is also looking closely at this issue.


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You may have only been able to watch some of your content creators play Call of Duty: Mobile, but in season 11, you can play as them.
Activision has revealed that it is bringing a new beta of a Creator Club to CoD: Mobile in the upcoming season. In this, fans will be able to celebrate their favorite content creators, while providing entertainment in the game.
With this club, new Bundles are also coming to the game. These bundles will feature in-game characters of popular creators Ferg, Hawksnest, and Bobby Plays. Activision has said the creator club will be released “later in the season,” meaning it won’t be available when the season begins on Dec. 16.
While it has been confirmed that the three creators are coming to the game as playable characters, no images have been revealed yet. More details will likely be revealed soon.
Ferg, Hawksnest, and Bobby Plays are three of the most famous content creators for CoD: Mobile, as they have been doing this since the game was released over two years ago. Ferg has 2.36 million YouTube subscribers, while Hawksnest and Bobby Plays boast 548,000 and 771,000, respectively.
CoD: Mobile season 11 is called Final Snow. Besides the creator bundles, it will bring the Black Ops 4 map Icebreaker, Munitions Box operator skill, and more.


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Thanks to the Izmir Customs Brokers Association, TCDD Izmir Port Operation, which took the measures requested due to the new type of coronavirus (Covit-19) epidemic that affected the world as soon as possible and showed exemplary work.
In the TCDD Izmir Port Operation Directorate, where no coronavirus has been detected until now, as well as the disinfection of the offices on a daily basis, the fires of employees and customers entering the port are measured and unmasked access is not allowed. Within the scope of Corona Virus measures, about 1500 vehicles per day are carried out in Izmir Port Operation Directorate without human contact and without filling any documents.
As of December 24, 2019, all cargoes to and from the Port Operation Directorate are carried out with Container Tracking System (KLTS) without human contact. Port receivables arising from these transactions are made through banks without contact.


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With GDPR doctors, Real Business hopes to take the pain out of the discussion, solving symptoms and clearing up confusion about the big arrival of the EU General Data Protection Regulation (GDPR). This week, GDPR doctor Neil Larkins, COO, Egress Software Technologies,?takes a look at the basics of GDPR.
I’ve heard a lot about the EU GDPR, but am unsure on what it really means for my business. Could you explain the basics of GDPR”
In little more than six months, the EU General Data Protection Regulation or the EU GDPR as its most commonly known comes into force and, despite the tight deadline, there’s still a lot of uncertainty about what it means and what needs to be done. That isn’t a huge surprise given the fact the regulations are more than 200-pages long and completely revamp the previous Data Protection Directive that had been in place since 1995.
In order to determine what needs to be done and how it’s important to understand the basics of GDPR first and the key changes that are forthcoming. So, in this GDPR Doctors surgery, I?m going to cover the core points and from there we can get into the nitty gritty.
What is the EU GDPR and when does it become law?
Considering the basics of GDPR, in a nutshell, it’s a set of regulations that replace previous directives from the EU on data protection. The way that data is handled today and the amount of it is almost unrecognisable to 20 years ago when the last directive was made.
This latest version not only aims to take into account the massive technological advancements that have taken place, but also align regulations across member states. Previously the way the directive was implemented by individual counties was inconsistent, so in today’s environment of data knowing no borders, this is being rectified.
It’s been in the works for a long time, but in 2016 the draft regulation was finally agreed and made final, and will be made law from 25 May 2018.
But doesn’t Brexit mean we don’t have to worry?
In short, no. In May next year, the UK will still be part of the EU and, as such, the government has confirmed that all businesses will need to adhere to the regulations.
Even if we were going to be out by then, the GDPR applies to any organisation that trades with the EU or with EU citizens, or handles EU citizen data and so it’s likely many would need to be compliant anyway.
Do the new laws apply to every business or do you have to be in a specialised industry?
Any business (no matter how big or small) that processes and holds the personal data of individuals living in the EU will have to comply. Personal data has been a slightly ambiguous term over the years, but for the purposes of GDPR, this means any information that can be used to directly or indirectly identify an individual. That includes names, photos, an email addresses, credit card details, IP addresses and so on, as well as one or more factors specific to the physical, physiological, genetic, mental, economic, cultural or social identity of a natural person.
It’s unlikely there are many businesses out there that don’t hold any of this information in some capacity just your email address book will count you in so the laws are likely to apply to every organisation across Europe, no matter what their industry is.
What are the key changes surrounding the basics of GDPR?
As you can imagine, in 200-odd pages there are quite a number of elements that every needs to pay attention to, but for the basics of GDPR, some highlights include:
- Mandatory breach notification” if an organisation discovers it has suffered a data breach it will have to inform the supervisory authority (in the UK’s case, the ICO) within 72 hours of first identifying the issue
- Consent” any business that is going to store and use a person’s data must ask that individual for consent, as well as explain what the data will be used for
- Right to access” individuals will be able to submit a Subject Access Request (SAR) to a company requesting all the data it holds on that person. The company must be able to provide electronic copies of that data, as well as explain where the data is stored and what it is being used for
- Data portability linked to the right to access, individuals will also be able to obtain and reuse their personal data for their own purposes across different services and businesses will therefore be required to provide that data in an appropriate format
- Right to be forgotten” individuals can request a business holding their data not only delete it, but also don’t share it with third parties
- Data protection officers (DPO)” anyone holding or processing personal data will have to appoint a DPO (although that person can be a member of the organisation’s existing staff)
- Penalties fines for failing to comply with the laws can be up to four per cent of the businesses global annual turnover or up to £20m.
The EU?GDPR?represents a fundamental change in how UK and European businesses process and approach data. Over the next few weeks, we ll be going beyond the basics of GDPR into these changes in detail, as well as the steps you can take to make sure your business is compliant before 28 May 2018.
If you have burning GDPR questions that you?d like answered, please send them firstname.lastname@example.org we ll get these answered for you.
GDPR doctor Neil Larkins co-founded Egress Software Technologies in 2007 and currently serves as chief operations officer, playing an instrumental role in shaping the strategic direction of the business, with particular emphasis on product and service development.[rb_inline_related]


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Cigar accessory distributor to the U.S.A., Lotus International, changed the company name to Rëyns International as of April 1, 2016. The name change comes with a new logo as well as updates to their corporate identity.
Lotus International to Distribute Elie Bleu Accessories in the U.S.A. and Canada
Elie Bleu S.A. Paris, France has appointed Lotus International, LLC as their exclusive distributor for the United States and Canada.
S.T. Dupont and Davidoff to Merge Distribution in the United States
S.T.Dupont and Davidoff of Geneva USA announced that they will enter into an exclusive distribution agreement in the US as of January 1st, 2016. Lotus International will remain S.T. Duponts after-sales-service center for the US.