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In its complaint, the FTC alleges that inMobi told its advertiser clients that its advertising software would honor COPPA and only track location after a kosher opt-in. In practice, inMobi tracked consumers, including children, whether they’d opted in or not.
But because the definition of personally identifiable information is different for children and adults (location data is not considered to be PII for consumers over the age of 13), the FTC was able to go after inMobi.
Do You Follow?
Kids are untouchable. But whether adult consumers understand the behind-the-scenes machinations of ad tech is another question entirely. And legal definitions of what constitutes PII aside, many consumers do consider their location data to be quite sensitive.
According to research from Pew, “Location data seems especially precious in the age of the smartphone.”
But inMobi appeared to be straight up ignoring opt-outs. Nevertheless, average consumers might not know how an ad network works even if there is an opt-in.
“If I’m a consumer and I install some ‘Candy Whatever’ game, I might think I have some sort of direct relationship with the game, and maybe the game is tracking me, maybe it’s not, maybe I don’t care,” said Andrew Sudbury, CTO and co-founder of Abine, a company that develops online privacy software. “But without realizing it, I’m giving a company like inMobi the right to track me and serve me ads that correspond to my location.”
In contrast to inMobi, a company like Foursquare, for example, gets first-party location data from consumers who actively check into locations in order to engage in a specific exchange of value, aka you tell me where you are and I give you a cool restaurant recommendation.
But opt-ins aren’t always straightforward, and it’s hard to imagine how permissions would work in emerging cases, like using wireless tire pressure sensors to track a car’s location or connecting CCTV images to in-store purchases.
“The only thing really holding any of those things back is finding good ways to commercialize them at scale, but it’s coming,” Sudbury said. “The people who get creeped out by location tracking are going to have a tough time in the near future.”
Consumers might logically expect that deleting an app or not playing a game anymore means they’re no longer being tracked by it.
“But they’re still giving their data to the same entity through multiple other channels that see their position because of a unifying system of apps,” Sudbury said. “Companies are aggregating all of this and they’ve built up massive databases of preferences and activities that as a consumer I would probably never understand or even realize is happening.”
Where Do We Go From Here?
If consumers don’t understand what they’re agreeing to, it’s up to the industry to be more transparent and for the FTC to encourage that transparency.
Notice and choice mechanisms – things like the AdChoices program and opt-out cookies – are mainly the preserve of self-regulatory organizations like the Digital Advertising Alliance and the Network Advertising Initiative.
The FTC seems to be starting to take a more active role.
The commission will hold a workshop in mid-September to dig into and evaluate the disclosures that companies make to consumers about advertising claims and privacy practices.
But “for the FTC to take action because they believe that disclosures and consent mechanisms are generally unclear or insufficient would require the commission to bring an unfairness claim under its Section 5 authority,” said Alan Chapell, president of the privacy consulting firm Chapell & Associates. “Generally speaking, those types of actions are more difficult for the FTC to prove than actions based on false/deceptive claims.”
Sudbury, though, says the self-reg regime around permissions is just an ornamental Band-Aid.
“I fully believe that most analytics companies are basically operating effectively unconstrained,” Sudbury said. “There’s a long history [in this space] of companies doing essentially whatever they can with any new technology to get the max amount of data possible regardless of user desire and intent or the mechanisms that are put in place to help manage those things.”
And location in particular is “simply a very confusing area,” Fitzpatrick said.
“It’s not as easy to pinpoint a violation here as it is with other types of personal information,” she said. “The FTC is getting up to speed, but it’s a fast-moving space and it’s not easy trying to figure out how and where all of these ad networks are getting their geolocation data.”
And now, advertisers and developers don’t want to be on the hook for their partners’ mistakes.
“I wouldn’t be at all surprised if operators and developers started investigating and auditing their own apps to make sure these ad networks are compliant with the law,” Fitzpatrick said. “And if they aren’t, I also wouldn’t be surprised if they started reporting these ad networks to the FTC.”


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Xilam Extends Oggy into Mobile Games with Nazara Partnership
Xilam Animation (Paris:XIL) is further boosting the Oggy & the Cockroaches brand into gaming with the appointment of Nazara Technologies Ltd, a global mobile game company, in a deal brokered via Xilam and licensing agent, Dream Theatre.
Nazara will launch a raft of new captivating mobile games for younger audiences that underscore the hilarious, entertaining brand values of Oggy & the Cockroaches. The first game is expected to be available in the first quarter of 2018 in Asia Pacific, Latin America and Middle East.
With an ever-growing digital landscape, Oggy & the Cockroaches is reaching new heights and raking up exceptional results on digital platforms throughout the world. The series has a cult following on Facebook with more than 3.5M fans and 1.2M subscribers on YouTube. Partnering with Nazara is only a natural extension of the brand experience.
Marc du Pontavice, Founder and President of Xilam said: “Xilam is eager to expand the presence of its properties in the digital domain. Nazara is one of the leaders in the mobile gaming arena and we’re thrilled to be working together to take Oggy and his friends to new heights in gaming. We’re excited to give kids yet another avenue to become immersed in his cheeky world as we celebrate 20 years of Oggy & the Cockroaches.”
Nazara is one of the leading mobile games company’s in India's digital landscape, operating in 61 countries across emerging markets, as of September 30, 2017. In India, Nazara has licensed mobile gaming rights to popular kids IPs including Chhota Bheem, Motu Patlu, Mighty Raju, Tinkle characters and Chacha Choudhary among other IP’s including Virat Kohli, Royal Challengers Bangalore and Hrithik Roshan.
Manish Agarwal, CEO, Nazara Technologies said: “With Oggy & the Cockroaches, Nazara will continue to deliver high-quality games for the global market. We have built a strong portfolio of successful games which have targeted young audiences in India over the last two years and now with the Oggy & the Cockroaches IP, we can reach audiences across emerging markets beyond India, by leveraging the global appeal of the show. ”
Cartoon Network Asia has scooped up seasons five, six and seven of the series for its channels this year, with previous seasons of Oggy currently running on Nickelodeon, Youku in China and Netflix Asia Pacific (outside China and India).
In India, Oggy & the Cockroaches currently airs on both Cartoon Network and Nickelodeon, as well as on Amazon Prime. The series is also available on Cartoon Network Latin America and on Cartoon Network Middle East and Africa (MENA), and Gulli Bil Arabi.
The series is distributed in more than 160 countries around the world and is watched in 600 million homes.
Xilam is one of Europe’s leading animation companies, producing and distributing original children’s and family entertainment content in both 2D and CGI formats across TV, film and digital media platforms. Founded in 1995 by Marc du Pontavice, the award-winning Paris-based company owns a catalogue of more than 2,000 animated episodes and 3 feature films including strong brands such as Oggy & the Cockroaches, Zig & Sharko, The Daltons, Rolling with the Ronks and its first pre-school property, Paprika.
Broadcast in over 160 countries on all the major global children’s TV networks, these series are also breaking records on all the major digital platforms, including YouTube with over 250 million views per month, ranking Xilam as one of the top global content providers in animation.
Xilam employs more than 400 people, including 300 artists, who are based across its four studios located in Paris, Lyon, Angoulême and Hô-Chi-Minh Ville in Vietnam.
About Nazara Technologies
Nazara is a mobile games company headquartered in Mumbai, India and has operations in 61 countries across emerging markets, as on September 30, 2017. Nazara runs mobile gaming subscription services to mass mobile internet users comprising largely of first time mobile gamers across Africa, Middle East, South East Asia, Latin America and the Indian subcontinent. In India, Nazara has licensed mobile gaming rights to popular IP’s like Virat Kohli, Hrithik Roshan, Chhota Bheem, Royal Challengers Bangalore, Motu Patlu, Mighty Raju, Tinkle Characters and Chacha Choudhary.
Nazara was one of the leading publishers by downloads on Google Play Store with more than 22 million downloads in India in the calendar year 2016 and the company crossed over 34 million downloads in the calendar Year 2017 until September 30, 2017. Nazara had over 10 million monthly active users in September 2017 across its network of games on Google Play Store.
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FCF: Greenpeace Allegations Unfair and Deceptive26.5.2018 21:02 | Tiedote
FCF Fishery, Co. President Max Chou today released the following statement regarding recent misleading Greenpeace human rights abuse allegations made against the company: “We realize that as one of the world’s largest marine products integrated supply chain service providers with more than 30 subsidiaries, fishing bases, and shipping agents around the world, we are a prime target for organizations seeking to garner publicity and those not fully aware of the latest development and improvements that are currently taking place in the fishery industry. However, in their efforts to curb egregious human rights abuses, we believe it is unfair and deceptive to lump our company in with those who condone cruelty and neglect of their laborers. “Although we recognize the meaningful work of Greenpeace in exposing and eliminating human trafficking and sustainability abuses, we are equally disappointed that they are implicating FCF in old incidents and cases that have since been in all instances addr
NBC Universal, Havas Group and Endemol Shine Discuss a Future with AI, Blockchain and VR at IBC201825.5.2018 21:20 | Tiedote
As is fitting for the home of technical invention and innovation, IBC2018 will present a broad range of ambitious and timely elements to engage, inform and inspire content creators and owners from around the world that will visit the RAI, Amsterdam from 13-18 September 2018. The must-attend event includes fresh inspiring conference themes that will focus on innovative new platforms, audience engagement and interaction/immersion, as well as a wide-ranging exhibition that will encompass all the latest technologies from AI and VR to advanced cloud-based workflows. Registration for IBC2018 is now open at: https://ibc.itnint.com/IBC18/Online/RegLogin.aspx “The media landscape is evolving at an unprecedented rate, with new platforms, technologies and even new realities at our disposal that offer greater opportunities for content innovation and audience engagement,” said Michael Crimp, CEO, IBC. “IBC is preparing an outstanding programme of conference sessions, forums and exhibition features
Pavilion of France at the 16th International Architecture Exhibition – La Biennale di Venezia25.5.2018 12:26 | Tiedote
The concept for Infinite Places , developed by the Encore Heureux team, led by the architects Nicola Delon, Julien Choppin, and Sébastien Eymard, presents places produced by new and inventive processes that generate architectural processes of value. This exhibition project, which considers the territory as a whole, highlights initiatives on the part of civil society and communities that embody a certain free spirit of experimentation and the possibilities opened up by architecture. These projects are expressions of programmatic freedom and generosity, and they live up to the theme of Freespace adopted by the two commissioners of the 16th International Architecture Exhibition – La Biennale di Venezia, the Irish architects Yvonne Farrell and Shelly McNamara. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180525005191/en/ French Pavilion Venice Architectural Biennale, copyright S. Scher Statement of the curators « Through the I
SIA Acquires Card Processing Businesses in Central and Southeastern Europe from First Data25.5.2018 11:30 | Tiedote
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Rootstock Software Expands Executive Team with Industry Veterans
Move Supports Continued Growth of Leading Cloud ERP Provider
San Francisco, CA (January 31, 2018) – Rootstock Software, the leading cloud manufacturing and supply chain Enterprise Resource Planning (ERP) solution provider on the Salesforce Platform, today announced the appointments of Randy Wheeler as Managing Director and Mark Saliman as VP of Finance. The San Ramon-based company is experiencing unprecedented growth in new customers in addition to the recent acquisition of Kenandy Inc., a developer of cloud ERP software.
“I am very pleased to add executives of this caliber to the Rootstock management team,” said Patrick Garrehy, CEO of Rootstock. “Their appointments come at time when Rootstock is expanding its market share and adding employees at a rapid rate. Randy and Mark are well respected veterans of the software industry and bring considerable expertise to the team that will help us scale and grow. We are looking forward to their contributions as executives and leaders during this exciting stage of our company.”
Wheeler is joining the company as Managing Director of the Kenandy business unit, managing development, consulting, support and customer success. He has 30 years of experience in the technology industry, serving most recently as CEO of Valley Oak Systems, which was acquired by AON. Prior to Valley Oak, Randy held positions in sales, development and client services for companies including Marathon Systems, Saddlebrook, and Grid Systems. In 2004, Randy was awarded the Ernst & Young “Entrepreneur Of The Year” in the “Realizing Business Potential” category. “I’m delighted to be joining a company that shares my views and commitment to customer success,” said Wheeler. “The company is positioned perfectly to capitalize on the move to the cloud by manufacturers and distributors. We are committed to helping them make the transition to the cloud with the right products, superior services and world class support.”
Saliman, who was formerly the Controller for Kenandy for nearly five years, is joining the company as VP of Finance. Saliman has extensive financial and operational experience in high-growth technology companies, serving as CFO at organizations such as CrestPoint Solutions, Coaxsys, Inc., UltraCell Corporation and Chiron, in addition to a role as a business unit CFO at PacBell. Saliman recognized the potential of the Salesforce Platform for ERP while serving as an advisor to the founders of Kenandy when the company was first being formed. “We are at an inflection point where manufacturers and distributors are shedding their legacy ERP en masse,” said Saliman. “Rootstock is incredibly well positioned for this market with a robust set of ERP applications on the leading cloud platform. I’m looking forward to helping the company grow, scale and capitalize on this extraordinary market opportunity.”
- Like Rootstock on Facebook at www.facebook.com/RootstockSoftware
- Follow Rootstock on Twitter @RootstockMFG
Salesforce and others are among the trademarks of salesforce.com, inc.


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Home Tags CLEVELAND
Paul B. Stetz Joins Fairport Wealth as new COO
CLEVELAND, Ohio, Aug. 29, 2019 (SEND2PRESS NEWSWIRE) -- Fairport Wealth (formerly Fairport Asset Management) announced today the appointment of Paul B. Stetz as Chief Operating Officer and member of the Executive Leadership Team.
Schmidt Mortgage in Ohio Hires John Kulka to Oversee New Business Efforts
CLEVELAND, Ohio, Oct. 13, 2016 (SEND2PRESS NEWSWIRE) -- Schmidt Mortgage Company (Schmidt) Executive Vice President Jeffrey Steed announced today the addition of John Kulka as manager of new business development. A 25-year mortgage industry veteran, Kulka brings considerable experience in cross-selling mortgage products across related industries, affinity marketing and retail mortgage lending.
Project EverGreen’s ‘Healthy Turf. Healthy Kids.’ Announces Project Dates for Recreation and Athletic Space Renovations in Greensboro and Durham
CLEVELAND, Ohio, April 1, 2016 (SEND2PRESS NEWSWIRE) -- Project EverGreen, a national non-profit promoting the value of preserving and revitalizing managed green spaces, is bringing its 'Healthy Turf. Healthy Kids.'(TM) Initiative to parks in Greensboro and Durham, North Carolina.
Estate Planning Council of Cleveland Honored as 5 Star Council by the National Association of Estate Planners and Councils
CLEVELAND, Ohio, Nov. 17, 2015 (SEND2PRESS NEWSWIRE) -- The Estate Planning Council of Cleveland will be recognized as a 5 Star Council by the National Association of Estate Planners and Councils as a part of the Leonard H. Neiman and Walter Lee Davis, Jr. Council of Excellence Award program.
N-Propyl Bromide an Alternative for TCE, PCE and DCM
CLEVELAND, Ohio, June 29, 2015 (SEND2PRESS NEWSWIRE) -- N-Propyl Bromide (NPB) from Chemical Solvents, Inc. is a nonflammable, non-chlorinated industrial solvent that removes wax, oil and grease from metals. It can replace solvents like TCE, PCE and DCM all of which are rated as HAPs (Hazardous Air Pollutants).
Vivesan and Vivebloom Products Expand in Local Markets
CLEVELAND, Ohio, March 29, 2013 (SEND2PRESS NEWSWIRE) -- Adherents of the 'shop local' movement are becoming more discriminating. Cleveland's consumers are no exception, and they are driving demand for their local retailers to carry Vivesan(TM) and Vivebloom(TM) cleaning products. Waterstone Ventures LLP, the makers of the 100 percent carcinogen-free products, announced today that their cleaners will be sold in over 20 local grocery stores.
Cee-Bee Innovative Aviation Chemistry Names Patrice Lallement Global Business Manager and CCO Aviation
CLEVELAND, Ohio, Feb. 4, 2013 (SEND2PRESS NEWSWIRE) -- Cee-Bee(R) Innovative Aviation Chemistry, a division of McGean-Rohco, Inc., appoints Mr. Patrice Lallement to the position of Global Business Manager and Chief Commercial Officer Aviation.


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C3 Manufacturing of Littleton, Colo., is recalling about 1.200 Perfect Descent Auto Belays climbing devices.
The belay climbing device can loosen and cause slack on the rope, allowing the climber to fall. Climbing while tethered to a malfunctioning belay can cause serious injury or death.
No incidents or injuries are reported.
This recall involves Perfect Descent Auto Belay model 220 Indoor, Outdoor, Speed Drive and Direct Drive auto belay climbing devices.
Belay devices are used with climbing ropes to protect the climber while climbing, to arrest a fall or while being lowered on the rope.
The devices were sold in yellow and black and have “Perfect Descent” printed on the top of the devices.
The recalled belay devices have the following serial number ranges printed on the bottom of the device:
Serial number Manufacture Date:
I-0970 through I-3109 February 2017 through November 2018
S-0604 through S-1609 March 2017 through December 2018
S-1695 through S-1762 February 2019 through March 2019
D-1015 through D-1385 June 2018 through December 2018
D-1572 through D-1705 February 2019 through March 2019
D-1710 through D-1722 March 2019
D-1726 through D-1751 March 2019 through April 2019
D-1761 through D-1777 April 2019
The climbing devices, manufactured in the U.S., were sold at Aerial Adventure Technologies nationwide and online at www.perfectdescent.com from February 2017, through April 2019, for $1,800 and $2,100.
What to do
Consumers should immediately stop using the recalled belay devices and contact C3 Manufacturing to receive a free repair. The firm contacted all known purchasers directly on October 21, 2019.
Consumers may contact C3 Manufacturing toll-free at (866) 250-5903 from 9 a.m. to 6 p.m. (MT) Monday through Friday, by email at email@example.com or online at www.perfectdescent.com/product-notices/ for more information.


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China isn’t all about low wages
Published 10:06 am Tuesday, January 24, 2012
Column: Pothole Prairie
Why are so many goods made in China?
I read an article in the online magazine The Week that made me realize the reasons jobs are going to China are not necessarily as a result of low wages. That’s probably the reason most people think China makes everything nowadays.
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The story in The Week was actually a tale that originated earlier in the day in a publication called the New York Times. Charles Duhigg and Keith Bradsher wrote a piece detailing President Obama’s visit to Silicon Valley last February. While now-deceased Apple CEO Steve Jobs was speaking, the president interrupted and asked why Apple goods like the iPhone couldn’t be made in the United States?
Jobs was known for his reality distortion field, but he also was known for being unsparingly blunt, too. He told Obama, “Those jobs aren’t coming back.”
It wasn’t about hiring Americans. It was about the supply chain and the flexibility China provides.
Paying American wages to build iPhones would add about $65 to the retail price, estimates state. Apple could handle that. The story said China no longer has wages as low as Americans might believe. And the workforce is more educated than Americans might guess, too, and sometimes Americans generally are too educated for what companies need in the way of engineering.
Speed, flexibility and mid-level skills are what China has.
Here is a snippet of the story in The Week: “When Jobs decided just a month before the iPhone hit markets to replace a scratch-prone plastic screen with a glass one, a Foxconn factory in China woke up about 8,000 workers when the glass screens arrived at midnight, and the workers were assembling 10,000 iPhones a day within 96 hours. Another example: Apple had originally estimated that it would take nine months to hire the 8,700 qualified industrial engineers needed to oversee production of the iPhone; in China, it took 15 days.”
Read this paragraph from the Times story: “When an Apple team visited, the Chinese plant’s owners were already constructing a new wing. ‘This is in case you give us the contract,’ the manager said, according to a former Apple executive. The Chinese government had agreed to underwrite costs for numerous industries, and those subsidies had trickled down to the glass-cutting factory. It had a warehouse filled with glass samples available to Apple, free of charge. The owners made engineers available at almost no cost. They had built on-site dormitories so employees would be available 24 hours a day.
“The Chinese plant got the job.”
Another high-ranking Apple executive said this in the Times story: “You need a thousand rubber gaskets? That’s the factory next door. You need a million screws? That factory is a block away. You need that screw made a little bit different? It will take three hours.”
Apple, the story noted, indeed has expanded in America and has more American employees than ever, while at the same time noting that the value of a company isn’t always sheerly measured in direct employees. Apple executives noted how the product creates jobs in other businesses, from shipping companies to cellphone companies to application programmers.
To be sure, wages are still a factor.
The iPhone is assembled in a place called Foxconn City. The Times says nothing like Foxconn City exists in the U.S.
“The facility has 230,000 employees, many working six days a week, often spending up to 12 hours a day at the plant. Over a quarter of Foxconn’s work force lives in company barracks and many workers earn less than $17 a day.”
Foxconn Technology has plants in Asia, Eastern Europe, Mexico and Brazil. The Times says it assembles 40 percent of the world’s consumer electronics.
Jobs said the United States will remain successful.
“I’m not worried about the country’s long-term future,” Jobs told Obama, according to one observer. “This country is insanely great. What I’m worried about is that we don’t talk enough about solutions.”
Tribune Managing Editor Tim Engstrom’s column appears every Tuesday.


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Analysts forecast that Carvana Co (NYSE:CVNA) will post $268.61 million in sales for the current fiscal quarter, according to Zacks. Seven analysts have made estimates for Carvana’s earnings, with the highest sales estimate coming in at $284.59 million and the lowest estimate coming in at $257.44 million. The company is scheduled to report its next earnings results after the market closes on Tuesday, March 6th.
According to Zacks, analysts expect that Carvana will report full year sales of $268.61 million for the current year, with estimates ranging from $851.26 million to $878.41 million. For the next year, analysts expect that the company will report sales of $2.14 billion per share, with estimates ranging from $2.03 billion to $2.20 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that follow Carvana.
Carvana (NYSE:CVNA) last released its quarterly earnings results on Tuesday, November 7th. The company reported ($0.29) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.30) by $0.01. The company had revenue of $225.40 million for the quarter, compared to analyst estimates of $243.61 million. Carvana had a negative net margin of 11.81% and a negative return on equity of 153.67%.
In other Carvana news, major shareholder 2014 Fidel Family Trust Dated sold 1,101,624 shares of Carvana stock in a transaction on Friday, December 15th. The shares were sold at an average price of $22.65, for a total transaction of $24,951,783.60. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 21.69% of the stock is owned by insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Gator Capital Management LLC acquired a new stake in Carvana during the fourth quarter worth $493,000. Gilder Gagnon Howe & Co. LLC acquired a new stake in Carvana during the fourth quarter worth $7,000,000. Aperimus Capital LLC acquired a new stake in Carvana during the fourth quarter worth $1,602,000. Schwab Charles Investment Management Inc. boosted its stake in Carvana by 17.9% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 29,247 shares of the company’s stock worth $560,000 after buying an additional 4,447 shares in the last quarter. Finally, 683 Capital Management LLC acquired a new stake in Carvana during the third quarter worth $2,936,000. Hedge funds and other institutional investors own 15.18% of the company’s stock.
Shares of Carvana (CVNA) opened at $18.30 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.71 and a current ratio of 1.50. Carvana has a 52 week low of $8.14 and a 52 week high of $24.89.
WARNING: “Brokerages Anticipate Carvana Co (CVNA) Will Post Quarterly Sales of $268.61 Million” was reported by American Banking News and is the property of of American Banking News. If you are accessing this piece on another website, it was illegally copied and republished in violation of U.S. and international trademark & copyright law. The legal version of this piece can be read at https://www.americanbankingnews.com/2018/02/04/brokerages-anticipate-carvana-co-cvna-will-post-quarterly-sales-of-268-61-million.html.
Carvana Co is an e-commerce platform for buying used cars. On the Company’s platform, consumers can research and identify a vehicle, inspect it using its proprietary 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase the vehicle and schedule delivery or pick-up, all from their desktop or mobile devices.
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China's first cargo train carrying parallel imported vehicles from Europe arrived in southwest China's Chongqing Municipality on Monday.
The train loaded with 82 imported cars, including some famous brand autos such as Land Rover, BMW, and Audi, left Germany's industrial city of Duisburg about two weeks ago, said Pei Lei, an official with the Xiyong Comprehensive Bonded Area in Chongqing.
The train traveled through Poland, Belarus, Russia and Kazakhstan before entered China via the Alataw Pass in northwest China's Xinjiang Uygur Autonomous Region, according to Pei.
The route cut the transport time by over 30 days compared to shipping.
Parallel imported cars refer to cars imported without authorization from carmakers. Such vehicles are usually cheaper than similar models from domestic dealers or simply not available through official retail channels.
An imported car trading center is being built in the Xiyong Comprehensive Bonded Area to boost parallel vehicle imports.


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REV Asia has partnered with Business Insider Inc to launch dedicated sites of the US biz and tech news portal in the three markets of SEA
REV Asia, a Malaysian digital media group and a subsidiary of Catcha Media Berhad, has announced today that it has partnered with Business Insider Inc to launch local versions of Business Insider in Malaysia, Singapore and Indonesia .
The dedicated sites for the three markets officially joined Business Insider’s other international websites, Business Insider Australia and Business Insider India, on February 12, 2014.
Published and owned by Business Insider Inc., Business Insider is one of the leading business news websites in America, covering financial, media and tech verticals. Formerly Silicon Alley Insider, the digital news site has grown from strength to strength since its launch in 2007, branching out to other verticals such as entertainment and politics, said an official statement.
Business Insider currently boasts a global readership of over 40 million unique users per month, a 68 per cent increase from 23.7 million in January 2013. Of this, Malaysia accounts for 370,000 unique users per month, Singapore for 540,000 unique users per month and Indonesia for 211,000 unique users per month (Google Analytics, January 2014).
No doubt this burgeoning readership has been a major factor behind REV Asia’s decision to partner with Business Insider. “We’re extremely proud to have sealed a region-wide partnership with the world’s fastest growing business and technology news website,” Managing Director Voon Tze Khay noted, adding. “While the sites here will continue to carry Business Insider’s award-winning international content, we are committed to delivering up-to-the-minute, locally-relevant news on developments happening right here in the region, in the style and tone that Business Insider’s readership is accustomed to.”
Julie Hansen, President and COO, Business Insider Inc said, “We welcome this partnership with REV Asia and are excited to launch Business Insider in Southeast Asia with them.”
The post S’pore, Malaysia, Indonesia to get local versions of Business Insider appeared first on E27.


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Federated Department Stores Inc. did more than buy a rival last week.
Through its planned, $11 billion purchase of May Department Stores Co., Federated essentially doubled down on its bet that conventional shopping malls will regain their prominence as a shopping destination. The deal will increase Federated's department-store count from 450 to 941.
Lucky for Federated, not to mention such May chains as Marshall Field's and Lord & Taylor, mall operators are trying to reinvent the format, doing everything from making layouts more convenient for time-pressed shoppers to offering bigger parking spaces so cars don't get dinged.
"We've added more escalators in the last three or four years than we did in the previous 20 years," said Robert Michaels, president of Chicago-based General Growth Properties Inc., which owns several Central Florida malls. "And we've probably tripled the number of bathrooms and family restrooms in our malls."
As shoppers turn more frequently to freestanding merchants such as Wal-Mart Stores Inc. and Target Corp., even bathrooms have become part of the arsenal that mall operators are using in a struggle for survival.
During the past decade, malls' share of the nation's retail sales has plunged from 39 percent to 18 percent, according to the consulting firm Customer Growth Partners.
To underscore how much malls have fallen out of shoppers' favor, only two new fully enclosed malls are expected to open this year in the United States, according to the International Council of Shopping Centers. And the total number of malls across the country is expected to drop from about 1,130 today to 900 in a matter of years, the group says.
That's a difficult environment for a mall retailer that's doubling its store count, but Federated realizes the challenges facing the mall business.
"Twenty-five years ago, there was little off-the-mall business," Federated Chief Executive Officer Terry Lundgren said last week as he formally announced the May acquisition. "Today, there are hundreds of millions of dollars in new competition."
The effort to lure back shoppers has led mall operators to rethink how people move through the sprawling enclosures.
One emerging strategy is to cluster like-minded retailers -- such as those selling children's products -- so shoppers don't have to criss-cross a mall to find what they want. In the old days, landlords would put one children's store at one end of the mall and another store at the other end, hoping parents would shop everywhere in between.
Now they know better.
"People subliminally reject forced walking," said Yaromir Steiner of the consulting firm Steiner & Associates The clustering practice, also referred to as "segregating" retailers into "precincts," has been tried in new malls for about a decade but is more difficult to achieve in older properties, where some stores are reluctant to move.
The new efforts seem to be paying dividends: Sales per square foot for nonanchor mall tenants rose 4.2 percent in 2004, their best growth in the 11 years that the number has been tracked by the shopping-center council.
While mall owners are investing in their properties, Federated is working on improving the experience inside its key Macy's and Bloomingdale's chains -- important anchors at malls across the country.
Federated has made its aisles more spacious and improved customers' sight lines, Lundgren said in January. It has removed 20 percent of the fixtures from its floors in the past 18 months.
The retailer has also upgraded fitting rooms and now groups up to a dozen together in one area, as opposed to squeezing them into nooks and crannies.
Lundgren said Monday that the strategy is working, especially with the female shopper.
"When we can get her, in particular, into a fitting room, and it's an attractive, spacious fitting room, easy to find, and there are 12 instead of one so she's not waiting in line -- all of those things have worked beautifully," he said.
"Then we put a TV outside so her significant other or kids can watch the cartoon channel or news. That keeps her in the fitting room longer. The longer we get her in the fitting room, the more business we do," he said.
Federated also has added price-scanning machines so customers can easily check prices.
The changes appear to be working: Federated's same-store sales in 2004 rose 2.6 percent. At May's, same-store sales have dropped the past four years.


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It's been speculated, and now it's confirmed: BMW will build an X3-based premium SUV called the X4.
Read This Article
The BMW 3 Series has always been a popular car.
The threat of bad weather shouldn’t stop those who regularly crisscross the country.
It's no shock to a BMW owner that if you buy a new car, scheduled maintenance is "free" for the first five years of ownership.


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By the Associted Press
NEW YORK — The New York Philharmonic will post a new batch of pages from its vast archive online in February. The orchestra will release 520,000 pages of instrumental music parts. It's already posted more than 1,300 orchestral scores online.
After that, it will release concert programs, correspondence, business records and annual reports dating back to 1842.
The Philharmonic launched the digital archive in 2011 with 300,000 pages from the Leonard Bernstein years, from 1943 to 1970. It's a multi-year undertaking that will total 8 million pages.
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The Stellantis-owned French automotive giant, Citroen, is implementing a product offensive strategy and launching new vehicles in the country to capture a larger market share. Most recently, the company introduced the C3 Aircross mid-size SUV. Reports have now emerged, revealing that the company intends to launch an all-new C3-based crossover sedan to compete against mid-size sedans like the Honda City, Hyundai Verna, and others. According to ACI, this unique sedan, codenamed C3X, could be launched sometime in 2024.
As of now, information on this crossover sedan is scarce. However, speculations suggest that the company may be introducing it as the next-generation iteration of the iconic Indian sedan, the Ambassador. For those unfamiliar, in February 2017, the French automotive group PSA signed a joint-venture deal with CK Birla Group to manufacture and sell vehicles and components in India by 2020. The two enterprises also signed another agreement for the iconic Ambassador brand, including its trademarks, which were acquired by the French automotive group in a deal worth Rs 80 crore. Hence, it is believed that the company might revive this iconic name with the launch of this sedan.
In terms of design, this upcoming crossover sedan is expected to feature a front-end design similar to its siblings, such as the C3 and the C3 Aircross. This implies that we may once again see the signature Citroën Y-shaped LED headlamps and its popular double grille. Moving to the sides, the C3X could also incorporate some rugged styling cues, like thick black claddings. At the rear, it may sport a tapered roofline, lending it a sporty coupe-like appearance. Overall, this sedan will be a unique offering in the country, carving out its own niche within the mid-size sedan segment.
Also read: Citroen C3 mini SUV spied ahead of launch
Dimensionally, this sedan is projected to measure around 4.3-4.4 meters and share a wheelbase similar to its SUV sibling, the C3 Aircross, as both will be based on the already launched CMP modular platform. It is highly likely that this upcoming sedan will also share many components with its already launched Citroen siblings to keep costs in check. This suggests that we may see the same interior layout and equipment, including a 10-inch (26 cm) touchscreen infotainment system with Apple CarPlay and Android Auto, as well as a 7-inch (17.8 cm) color TFT cluster screen.
On the drivetrain front, the upcoming crossover sedan is expected to offer a 1.2-liter turbo-petrol engine, capable of delivering a maximum power of 110 hp and 190 Nm of torque, similar to its SUV sibling, the C3 Aircross. The transmission duties will most likely be handled by a six-speed manual gearbox, with the possibility of a manual option as well. Reports also indicate the possibility of an electric powertrain option.
Regarding the launch dates for this distinct sedan, no official confirmation has been provided. However, it is believed that the company could launch this sedan sometime in June or July 2024. The electrified variant might make its debut in January 2025. As for the pricing of this particular sedan, no information has been disclosed. However, it is expected to be positioned within the price range of Rs 12-20 lakh, considering its competition in the mid-size sedan segment.
Also read: 10 DC Design cars & how they look in the REAL world: Maruti Swift to Mahindra XUV500


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Earlier this week, Jaguar debuted a new limited edition trim of the current generation F-Type, called the F-Type Reims Edition. The Reims Edition pays homage to the Reims circuit in France, where the Jaguar D-Type once its first race.
The new limited edition is only going to be available in the UK, with just 150 being made in total coming in a unique French Racing Blue with the Exterior Black Pack included which adds black grills, badges and the large 20-inch gloss back alloy wheels. Inside the car is all black, with panoramic sunroof, heated seats and dual-zone climate control.
“For just 150 UK customers, and in the enormously important year for Jaguar’s sports car history, the F-Type is more enticing than ever.”
The F-Type Reims Edition can be ordered from this week with pricing starting at £58,950 for the four cylinder model and £71,450 for the V8 version. Deliveries will start in March this year.


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Glip is a leading Web 3.0 gaming discovery app that has crossed 1 million crypto wallets and more than 100,000 onboarded customers for various Web3 games in the last three months. Theweb3 gaming app also witnessed heavy demand for Web3 games, resulting in more than 50,000 committed earners.
The digital gaming industry in the Web3 arena has been growing exponentially, but it has also seen one of the biggest challenges in getting real players instead of speculators. In addition, the current Web2 platforms do not allow for cryptocurrency ads, whereas the P2E scholarship model gets very little interest, especially during tough market conditions.
Glip has consistently acknowledged these drawbacks and embarked on making more Web3 games discoverable and accessible to the community. The app has repeatedly proven exceedingly successful in the digital world and recently crossed its 1 million mark in terms of created wallets via the Glip ecosystem in the 4th quarter of 2022.
The digital wallets are created by real players who focus on exploring the mechanics of play-to-earn. In addition, more than 100,000 real gamers have made their way to the brand-new Web3 gaming options through the mobile app in the last quarter, and almost half of them have earned funds from engaging in the P2E games.
The Glip’s growing success is multi-pronged. The app initially partnered with the leading Web3 publishers and games, including Netmarble, Axie Infinity, Kakao Games, PlayDapp, and Neowiz. Second, Glip offered new gaming instruments to expand its community via quests, tournaments, or social activities.
According to the COO and Founder of Glip, Ishan Shrivastava, the app created 1 million unique user wallets in the fourth quarter. The community is growing and learning to utilize swaps, exchanges, NFT marketplaces, and more with the company’s earnings. The games in the Web3 space are unlocking more economic opportunities and facilitating DeFi literacy for thousands of young gamers worldwide. The team at Glip is enthusiastic about accelerating this revolution.
The new features on Glip offer a relevant change of speed directly from the scholarship features; although these features are a huge part of the play-to-earn gaming sphere, they are quite unpopular when digital markets do not perform well. Additionally, the appeal of the NFTs and gaming tokens have reduced, forcing Web3 games to move to a free-to-play model to fulfill the requirements of real games instead of speculators.
Glip’s approach to Questing has made it simpler for the Web3 titles to welcome more real gamers. Quests are in-game milestones that come with digital crypto rewards. This model has gained tremendous momentum as important gaming guilds are involved in this technology. Popular entities GuildFi, YGG, Avocado DAO, and many others leverage Questing to engage their communities, create new marketplaces, and offer new incentives to real gamers to explore more Web3 titles.
Founder and CEO of Glip, Parth Choudhury, stated that his journey with the quests started with the World of Warcraft. However, with the new Web3 games, players from all corners of the world can earn crypto tokens by completing the quests. He added that the app had empowered 50,000 earners from different markets, and it is working closely with leading studios to increase the strength of the community to millions this year. Glip provides a solution that involves a new user acquisition model that incentivizes players to experiment with Web3 games. Additionally, the players can earn rewards by achieving milestones and ensuring player commitment.


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Redmi K70 sequence is predicted to debut in China quickly. The lineup from Redmi will succeed the Redmi K60 sequence. While the corporate has not revealed any particulars in regards to the launch date for the Redmi K70, it’s now being tipped that the smartphone will see its debut in India, and will launch as Poco F6. The Poco mannequin was lately noticed on the BIS certification web site, hinting at an imminent launch. The Redmi K70 sequence might launch in China in early December.
Tipster Yash (@i_hsay) has posted a picture of Bureau of Indian Standards web site on X. The picture exhibits a Poco smartphone with mannequin quantity 2311DRK481 on the Indian certification web site. For reference, the Redmi K70 reportedly has mannequin quantity 2311DRK48C. The tipster has thus recommended that the upcoming smartphone may launch in India as Poco F6. The BIS certification hints on the imminent launch of the smartphone in India. While the Redmi K70 sequence is predicted to launch in December 2023, the tipster has hinted that Poco F6 can launch in India in the course of the first quarter of 2024.
This shouldn’t be the primary smartphone itemizing for Poco F6. An IT Home report beforehand noticed the cellphone on the IMEI database with mannequin quantity 2311DRK48G, 2311DRK48I, whereas the POCO F6 Pro smartphone was listed with mannequin numbers 23113RKC6G and 23113RKC6I. The similar report additionally talked about recognizing the Redmi K70 sequence on the database, with mannequin quantity 2311DRK48C for the bottom variant, mannequin quantity 23117RK66C for the Redmi K70E and the Pro mannequin with quantity 23113RKC6C.
According to a earlier report, Redmi K70 will debut as the primary smartphone from the Chinese smartphone firm to be powered by a Snapdragon 8 Gen 3 SoC. The new chipset was introduced by Qualcomm on the annual Snapdragon Summit occasion final month.


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“It went so well that in an hour we sold out of everything,” he said.
Hemp is hot. The non-psychoactive cousin of marijuana can again be legally grown under pilot programs authorized by the 2014 Farm Bill, and the lifting of the decades-old ban in Wisconsin this year has sparked a flurry of business activity. The 2018 harvest here doesn’t look particularly good — wet weather and inexperience hampered many growers — but interest in the crop is strong.
“It’s the most too-good-to-be-true thing I’ve ever seen in my entire life,” Wisconsin retailer — and CBD believer — Nathan Griepentrog said.
Pretty close. Inside the jar was 200 grams of cannabidiol, or CBD, extracted from the flowers of hemp plants with equipment built by his partners, Griffin Lynch and Andy Gould, two recently graduated chemical engineering majors from the University of Wisconsin-Madison.
Gold rush atmosphere
Local musician Colin Plant recently opened the Canni Hemp Co. store in Walker’s Point, and another CBD store, Erth Dispensary, says it will open in Bay View next month.
Griepentrog said his store took in $100,000 in its first two months. Joel Peterson said his Black River Falls outlet, PriceLand Hemp, has sold more than 10,000 bottles of CBD oil since opening in late April.
The hardy plant lends itself to a wide variety of uses in food, fibers and even construction material. The biggest buzz, though, is about CBD.
‘It isn’t like picking corn’
“But what’s kind of hidden in that number is the amount of work it takes to get it properly planted, properly harvested and properly dried,” Lynch said.
“It isn’t like picking corn, I’ll tell you that,” Konopacki said.
When the new facility opened, founder and chief executive officer Stephen Mueller told The Denver Post he anticipated adding another 100 workers to the company.
“We did that,” Hilley said Friday. “To go from 30 people to 250 people, you learn a lot about who’s going to be a really good fit for the company.”
Despite the layoff, Hilley says Mile High Labs is “absolutely” still expanding. In 2020, it plans to add an original line of CBD products, including tinctures and topicals. Chicago-based research company Brighfield Group estimates the U.S. CBD market could reach $24.4 billion by 2025.
Mile High Labs, one of Colorado’s leading CBD producers, laid off employees this week, just months after undergoing a major expansion.
According to chief financial officer Jon Hilley, the company cut 20 positions — less than 10% of its workforce — on Thursday. They primarily were those in entry-level sales jobs. Mile High Labs employed more than 250 people before the layoff, Hilley said.
Broomfield-based company’s CFO says that fewer than 10% of staff were let go
The news comes about three months after the company moved from Boulder into an $18.8 million, 400,000-square-foot facility in Broomfield, where it extracts and processes hemp-derived cannabidiol, or CBD. Hemp has negligible amounts of THC, the ingredient that gives the plant’s cousin marijuana its high.
“The last year has proven we are the market leader in this category and we’re excited about continued growth of the category,” Hilley said.


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Dow Chemical 2nd quarter profits surge
The Dow Chemical Co. saw a surge in earnings in the second quarter and broke a number of company records with the help of increased sales, volume and price.
Dow reported a profit of $982 million, or 84 cents per share, in the quarter ending June 30. That compares to $566 million, or 50 cents per share, in the same period last year. Excluding certain items, Dow earned $989 million, or 85 cents per share, compared with $614 million, or 54 cents per share, the year prior.
Sales of $16 billion are the second highest quarter in Dow's history, with sales of $4.9 billion in emerging regions setting a new quarterly record. The company's health and agricultural sciences unit continued its strong performance by setting a new sales record, surpassing $3 billion for the first half of the year.
The company saw its ninth consecutive quarter of margin expansion, Dow spokesman Greg Baldwin said.
"Sales growth was very strong," he said. "It was up 28 percent with double digit gains in all operating segments and all geographic regions."
Volume rose 9 percent versus the same quarter last year and price was up 19 percent.
Equity earnings from Dow's joint ventures totaled $291 million in the quarter. The $589 million in equity earnings for the first half of the year set another company record.
Dow also paid off $1.5 billion of gross debt in the quarter, bringing the total paid off this year to $4 billion.
The results were a surge for the company, beating Wall Street expectations for revenue, earnings per share and other measures, Baldwin said. He said the records set in the quarter are a sign that Dow's transformation has taken hold.
"All are very much a strong indication that the company is doing what we said we're going to do," he said. "Our transformation is well in hand and moving forward."
Dow Chairman and CEO Andrew Liveris said the quarter marked "tremendous progress" for Dow.
"Our transformed portfolio, underpinned by our cost-advantaged and flexible operations, is now performing at a new level," Liveris said. "This is fueling higher-growth, higher-margin performance through superior market-reach, customer intimacy and innovation. We're delivering all of this while maintaining our steadfast commitment to enhance financial flexibility by paying down debt, and increasing shareholder remuneration. Coupled with the strength of our integrated business model, Dow is firmly on the right strategic path of sustained earnings growth."
Liveris said the company sees growth gaining traction in developed markets, but at an uneven pace given persistently high unemployment in the United States and sovereign debt concerns in Europe.
"In fast-growing emerging geographies, despite some inflationary pressures, the rapid expansion of the middle class continues to drive robust underlying fundamentals, and our strong presence and diversification in these high-growth economies continues to serve us well," he said.
Shares of the company's stock climbed this morning, up 57 cents to $36.42 in early morning trading.


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The Supreme Court will next month hear a London borough’s appeal over whether a condition restricting the use of premises should be implied into a planning permission granted by the local authority; alternatively, whether the planning permission should be interpreted as containing such a condition.
The background to the case of London Borough of Lambeth (Appellant) v Secretary of State for Communities and Local Government and others (Respondents) is that in 2014 the appellant council received an application to vary a condition restricting the use of retail premises in Streatham, to expand the range of non-food goods that could be sold.
Lambeth granted a new planning permission, which did not include a condition restricting the use to the goods specified in the application.
In 2015 the second respondent, Aberdeen Asset Management, applied for a certificate of lawful use for unrestricted retail purposes.
Lambeth refused to grant the certificate, but the Secretary of State allowed the second respondent’s appeal.
The council’s application to quash that decision failed before Lang J. It also failed before the Court of Appeal in London Borough of Lambeth v Secretary of State for Communities and Local Government & Ors  EWCA Civ 844 (20 April 2018).
The case will be heard by the Supreme Court on 21 May 2019.


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Saturday marked the 25th anniversary of the release of the first Pokemon games – Pokemon Red and Blue – on the original Gameboy in 1996. To celebrate the occasion, The Pokemon Company held a special live-streamed event, where they announced two new instalments in the series.
Revamped versions of Pokemon Diamond and Pearl will be released on the Nintendo Switch at the end of the year. The games are set to be a faithful recreation of the original games that were released in 2006 for the Nintendo DS.
The remakes – dubbed Pokemon Brilliant Diamond and Shining Pearl – will feature modern graphics. Much of the storyline, which takes place in the region of Sinnoh, will be preserved. According to the game's website, the original sense of scale as well as the routes of the top-down RPG will be preserved.
The second release announced by the company is arguably the more exciting one, as it marks the first time an open-world setting is fully integrated into a Pokemon game, something which fans have been waiting on for quite some time.
Pokemon Legends: Arceus fuses elements from past Pokemon games with new action and RPG twists. In an aesthetic reminiscent of Nintendo's popular The Legend of Zelda: Breath of the Wild, the new Pokemon game features sharper graphics, an open world and the ability to catch Pokemon by throwing a Pokeball at them.
The game, like Brilliant Diamond and Shining Pearl, takes place in the town of Sinnoh. However, the story takes place long before the events of existing Pokemon games, in a world devoid of Pokemon trainers or leagues.
From the clips shown during the reveal, it seems that the game – due to be released in 2022 – is still in its early stages of development. There are still questions around the game’s plotline and who its antagonists are. But it seems enough to get fans eagerly waiting for the new open-world iteration of the Pokemon adventure.


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Pak-Qatar General Takaful Partners With HashMove For Online Takaful Cargo Coverage
Umer Jamshaid 7 months ago Mon 16th November 2020 | 10:24 PM
Pak-Qatar General Takaful has signed a memorandum of understanding with HashMove (a global multi-modal logistics platform) to provide online takaful coverage for cargo (Sea/Air/Warehousing and Land) for businesses in Pakistan
KARACHI, (UrduPoint / Pakistan Point News - 16th Nov, 2020 ) :Pak-Qatar General Takaful has signed a memorandum of understanding with HashMove (a global multi-modal logistics platform) to provide online takaful coverage for cargo (Sea/Air/Warehousing and Land) for businesses in Pakistan.
The purpose of this agreement is to enter a strategic collaboration, enabling Marine and Fire Takaful service for Sea/ Air and Land Cargo and commodities trading via digital mediums allowing corporates, businesses, customers of HashMove logistic platform such as Importers, of Freight Forwarders, Customers of Ground Transportation, Customers of Warehousing companies within Pakistan, said press release on Monday.
This is for the first time, a takaful insurance company provides the digital coverage to the logistics businesses allowing them to conduct their export and import with full coverage. The companies aim to achieve at target of issuing at least 1000 plus coverage in a year as the beginning.
Chief Executive Officer of Pak-Qatar General Takaful, Muhammad Nasir Ali Syed said that the need of marine coverage by takaful through digital channel would open a new door for the businesses to grow at a much faster rate with convenience at fingertips.
This was the need of the hour and his team was fully committed to extend cooperation and support where needed.
Pak-Qatar Takaful had always maintained the position of a leader and firmly believed in offering innovative products through interesting projects. This time the company was very excited to offer coverage through a business partner HashMove, he said.
CEO HashMove, Sarfraz Alam said Pak-Qatar General Takaful was the leading takaful coverage provider in Pakistan and a trustworthy name for settling claims against losses.
" We are glad that our customers within Pakistan and other countries of South Asia will be able to avail takaful coverage on real time basis," he said adding that this was one of the biggest milestones in the logistics industry in Pakistan.


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Our latest Mining Sector research sees huge opportunity for Europe to capture a significant share of the lithium battery value chain, and potentially position the European electric vehicle sector as a global driver. There are, however, big investment gaps putting a block in the road.
The European car industry is already a juggernaut and there’s enormous growth potential to spare, but its acceleration fundamentally hangs on a few factors. As the world transitions to a lower-carbon economy, there will be a substantial impact on demand for the raw materials at the centre of this change; in the case of cars, the development of lithium batteries is a critical factor.
But with the car industry shifting closer to an electric vehicle (EV) future, awareness is starting to grow within Europe that it is in danger of failing to capture any of the potential value within this new lithium battery value chain. Recent investment proposals, in particular by the Volkswagen Group and by Swedish battery start-up Northvolt, suggest that the European car industry is finally getting serious and seeing an opportunity to take a step onto the global stage.
Awareness is starting to grow within Europe that it is in danger of failing to capture any of the potential value
Currently, there is no strategic battery value chain in Europe. Mining of the raw materials is dominated by Australia for spodumene hard rock ore and by Chile and Argentina for lithium brines. All of the downstream stages from refining through chemistry, cell component manufacture and assembly are almost completely dominated by countries in South East Asia, with China essentially owning the refining and chemical stages. This is illustrated by the following chart.
The Gigafactory economy
Construction is about to start on the first of several European integrated ‘Gigafactories’. These are complex facilities which take intermediate raw materials and convert them into fully assembled lithium batteries, for both the electric vehicle and the fixed storage markets.
Europe’s first ‘homegrown’, vertically integrated, lithium battery plant is being constructed by Northvolt, a private, Swedish start-up that was put together as a concept by two former Tesla employees in 2016. Northvolt intend to build the world’s greenest lithium battery Gigafactory (indeed, this mindset more or less determined the location of the plant, which will be powered by hydroelectricity). The company has just raised $1 billion in equity as part of the financing package to fund construction.
Northvolt intend to build the world’s greenest lithium battery Gigafactory
Where are the barriers to growth?
Northvolt’s Gigafactory is a step in the right direction to capturing the lithium value chain. The sheer scale of equity investment goes some way to quantifying the weight of expectation on the project. In reality, however, much more lithium will be required as the plant scales up and a second plant in Germany is commissioned. Indeed, our analysts have identified fundamental investment gaps stopping the lithium battery value chain from being fully developed within Europe.
This separated, lower-risk approach is currently only represented in Europe by Savannah Resources
Firstly, there does not appear to be much awareness that the process of producing and refining lithium chemicals appears to be missing from current European plans.
This is, in part, because the downstream part of the market assumes that all of the six European integrated mine and lithium chemical plants that have been proposed will be built. It also assumes that these will be fully integrated mine-cum-chemical plants. However, the model that is currently working very well in Australia recognises that mining and concentrating spodumene, versus making chemicals, are two very different businesses. There seems to be little logic to integrating them other than to reduce transport costs.
This separated, lower-risk approach is currently only represented in Europe by Savannah Resources, which plans to build a spodumene mine and concentrator in Portugal.
"Mass production of EVs by the major car manufacturers will drive the cost of purchase of EVs to parity with internal combustion vehicle equivalents," explains David Archer, CEO, Savannah Resources. "Combined with the superiority of the EV product, its lower cost of ownership and comprehensive EV ranges on offer from the major manufacturers will result in lithium demand in the early 2020s that all existing mines and proposed mines will not be able to meet. What we are likely to see in the lithium space in the mid 2020s is exactly what we are currently witnessing in the iron ore industry – supply shortfalls resulting in historically high prices."
Within Europe, finnCap analysts contend that only the two integrated mines and chemical plants that are based on spodumene have any realistic chance of being built. The economics of building a plant based on alternative lithium ore resources, such as low-grade zinnwaldite and other mica minerals, simply do not make for attractive investments. The two spodumene-based plants are both likely to be relatively small and will not generate anything like the necessary quantity of lithium chemicals.
The second thing that is missing is scale. The Volkswagen Group alone manufactured 10.1 million cars in 2018, of which 3.1 million were sold in Europe. In order to convert manufacture at this scale entirely to electric, the industry would need 20 Gigafactories of the scale proposed by Northvolt, of which six would be needed to supply Europe.
And that’s just VW.
Far more investment is needed into European Gigafactory development
More investment is needed
There are at least six projects within Europe that are planning integrated mines and refineries but we contend that most of these will not get built as the economic returns are too low for what are relatively high-risk investments. This leaves a gap that will have to be filled.
If the European mining sector wishes to address the vast requirement for lithium batteries, far more investment is needed into European Gigafactory development to create an integrated supply chain across the continent. The sector also needs supporting facilitating planning, permitting and fiscal support in order to attract the substantial amounts of investment capital required.
We are currently presented with a massive opportunity to develop Europe’s lithium resources, in particular the widespread spodumene lithium mineralisation in northern Portugal. It has enough potential to support the substantial industrial developments that are necessary to close the gaps in the European lithium battery value chain, and position the European electric vehicle sector as a world leader.
Contact our Mining Sector Team:
Christopher Raggett, Deputy Head of Corporate Finance
email@example.com | 020 7220 0573
Martin Potts, Research Director, Mining
firstname.lastname@example.org | 020 7220 0544


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Site reliability engineering platform Blameless Inc. today announced that it’s hiring Jim Gochee as chief executive, and its current co-founder and CEO Lyon Wong will take a new role as executive chairman.
Wong founded Blameless in 2017 and led the company as CEO to become an industry leader in providing site reliability solutions and incident management through task automation. He said he chose to hire Gochee (pictured) to round out the leadership team amid the company’s current rapid growth.
During his 11 years at New Relic, Gochee held numerous positions, including vice president of engineering, chief of product engineering and most recently chief technology officer. He also oversaw the company’s shift toward a culture of reliability with the development of its own site reliability engineering practice where he learned about its importance firsthand.
Gochee told SiliconANGLE that he’s a strong advocate for site reliability given his experience at New Relic and believes that his stint there will be useful for getting Blameless’s tools into the hands of as many engineering teams as possible.
“When you build these web services and experiences that really matter to people, obviously they need to be reliable, but reliability is really difficult to pull off,” Gochee said. “You’ll hear many people talk about ‘reliability culture’ and it’s about building resilience when you design software and having a plan when you deploy and how you respond to incidents.”
It was around 2016 that reliability became a conversation for New Relic when the company sought to restructure its engineering team to keep up with increasing business needs. Google had written the definitive work about site reliability engineering with its SRE handbook, which had recently been released. If a product such as Blameless had existed at the time, it would have made the process a lot easier and saved a lot of work.
Gochee said that the industry is still in the early days of maturity around reliability and that many companies are still determining strategies when dealing with how to handle SRE practices. There are still many ways that businesses have structured their approaches and that creates opportunities for the entire industry to grow and do better.
“It’s not like sites are necessarily unreliable, but the cost of keeping them reliable is very high,” Gochee said. “And if you can keep the cost of keeping them reliable down then that resource can be used more toward the goals of businesses growth instead of simply sustaining.”
Gochee said he’s most looking forward to supporting the same people that he has worked with his entire life with best-in-class tools for SRE practices because reliability affects developers, engineers and the whole software lifecycle.
In the past year, Blameless has doubled its staff across all roles and expanded its executive leadership. It has also grown its business by 220%, with increased adoption with medium-sized and large enterprises, and doubled its enterprise customer accounts, though it didn’t reveal specific numbers.
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NEW DELHI: Ever wondered how your latest sedan or SUV equipped with the advanced technology, security system and electronic keys was so easily stolen? With vehicle thefts skyrocketing — 105 vehicles are stolen in the capital every day — Delhi Police
seems to have realised how.
While busting a gang of car thieves from Sambhal, UP, the cops not only recovered a dozen cars, but also learnt the modus operandi adopted by such syndicates.
After retrieving various models, including a Toyota Fortuner
Creta and Verna, Honda City
and a Maruti Swift
, the police got the four arrested suspects to reveal how they bypassed the electronic locks, GPS scanners and electronic ignition mechanism of these vehicles.
Romil Baaniya, DCP (Southeast), disclosed that the four men used videos available on the internet and gadgets bought from e-commerce sites to deceive the engine control module (ECM), which controls the electronics of modern cars.
Aamir, Safruddin, Sagir Ahmed and Shoaib Khan was each a specialist on a particular model. Over the years, the gang created access to more than 50 members who could steal cars on demand.
The quartet was arrested after a team led by KP Singh, ACP (Operations), learnt about their plans to deliver a stolen Verna in New Friends Colony. A group headed by Inspector Rajendra Kumar trapped the suspects.
While Aamir specialised in Maruti vehicles and Toyota
Innovas and Fortuners, Safruddin was an expert on Hyundai cars. A gang member selected a target in daytime, clicked photographs and sent it to Ahmed, the ringleader, who passed on the information to the respective experts.
Detailing how the thieves made off with Toyota vehicles, Baaniya said that they drove up to a target and began by severing the horn wiring under the bonnet. If the car’s indicators started to flash, they retreated to their car and waited till the lights went off.
The then broke the rear quarter glass and entered the car. Once inside, they drilled into the ignition point and connected the wires to the alternative ECM they had brought. On a laptop, they scanned the ECM program and bypassed it to turn the ignition on with a screwdriver.
Safruddin confessed that after entering a Hyundai car by breaking its rear glass panel, the ignition point was similarly scanned. Then, using a chip on a duplicate key, the thieves re-programed the key, taking care to install a new glass panel before driving away.


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Metro AG, Europe’s fourth largest retailer is down 4.3% on lower earnings than expected.
After a steady incline over the last two months, German retailer Metro AG saw Tuesday’s share price fall 4.3% at opening of trade. Though its consumer electronics quarterly profit saw an increase, overall earnings were down slightly to €1.024 billion ($1.16 billion) from €1.073 billion a year ago with the blame on a Russian ruble, which led to a €60 million hit. Reuters predicted €1.008 billion.
Last month Reuters changed the consensus for Metro AG from ‘outperform’ to ‘hold’, whilst the markets on Tuesday’s trading were prone to ‘sell’.
Metro commented in its report that, ‘Overall, the METRO ordinary share price declined by 3.0% to €25.31 in Q1 2014/15. The DAX gained 3.5% while the Dow Jones Euro Stoxx Retail sector index rose by 5.1%.’
It was in November that the METRO share reached its quarterly high at €27.71. An attractive dividend held the upward trend for the rest of the quarter until Tuesday’s earnings release when the impact of the foreign exchange rate and sanctions on Russia were understood. Blame was also cast on the consumer prices that ‘stagnated in Western Europe, in particular, with some countries slipping into deflation.’ Though Metro also reported that, ‘Generally positive private consumption helped to stabilise the economy…benefited the retail sector, which recorded nominal growth of about 1.5%.’
Adjusted for currency effects and portfolio changes, Metro posted sales growth of 2.6% during the first quarter of 2014/15 (1 October 2014 to 31 December 2014) compared with the previous year's period. Reported sales declined by 2.2% to €18.3 billion.
In the first quarter of 2014/15, earnings per share amounted to €1.24 (Q1 2013/14: €1.38). Adjusted for special items, earnings per share stood at €1.36, after €1.35 in the previous year's period.
After assuming a future negative ‘translation effect’ of the weak ruble led to a bold statement from Metro: ‘There are no risks that could endanger the company’s existence and, at present, none can be identified for the future.’ Hence the outlook of a slight increase in sales for the remainder of the year.
Metro have four separate divisions covering cash and carry, department stores, electronics and hypermarkets. In Russia Metro have 148 stores, in Ukraine are 33 stores, China has 80 stores, Germany has 945 and the total worldwide is 1700 with Redcoon online electronics gaining 260,000 web shop users per day.
MT4 Chart: METRO
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'My Sex and the City regret? Those 4-inch heels!' Kristin Davis apologises for encouraging women to wear high heels
- The actress, 49, says she now wears nothing but flat shoes
- Flats are currently the shoe of choice for the world's most stylish
- Fans include Karl Lagerfeld, Rihanna and Alexa Chung
- Davis said she regrets encouraging women into spike heels
- Is to appear in a play in London's West End from 11th March
From peacock blue Manolo Blahnik spikes to towering Sergio Rossi, the stars of Sex and the City were as famous for their footwear and they were for their exploits in and out of bed.
Now, Kristin Davis, the actress who played conservative Charlotte, has spoken out against the cult of the high heel and has apologised to fans for encouraging them to squeeze their feet into uncomfortable shoes.
But her confession isn't entirely out of character: with flats now the stylish shoe of choice, Davis seems as fashion-savvy as ever.
Scroll down for video
Popular: Davis, seen here with her SATC co-stars, says she regrets encouraging women into heels
'I do feel guilt about the heels,' said the 49-year-old star. 'It did seem we were trying to say to women, "You should be wearing heels like these".
Speaking in an interview with the Sunday Telegraph, Davis added: 'But we definitely weren’t. Were they beautiful shoes? Yes. Were they appropriate for the characters? Yes, that’s what women like that wear.
'But it became a bigger picture thing, where it seemed women should be wearing them every day.'
Although her stance might come as a shock to TV fans, flats have been steadily gaining ground on heels and are currently the stylish shoe of choice, as Davis, who says she only wears flats, is all too well aware.
So fashionable are flats, Karl Lagerfeld sent all of his models down the runway in trainers during January's round of couture shows in Paris, while off the catwalk, stylish flats have been embraced by everyone from Rihanna and Cara Delevigne to Home Secretary Theresa May.
What's more, orthopaedic style flats such as Birkenstock sandals have been deemed the hottest shoe for summer, along with the equally sturdy pool slider.
Seal of approval: Karl Lagerfeld accessorised every outfit with trainers during the Chanel couture show
Stylish: The Duchess of Cambridge in her taupe Mint Velvet canvas plimsolls and favourite J Brand skinny jeans
Stylish: Alexa Chung shows off her fashion savvy in a chic pair of buckled flat pumps
Other popular choices include the brogue, especially in sunny pastel shades, and the loafer. Even the humble ballet pump and the equally low key plimsoll are enjoying a new lease of life, with the Duchess of Cambridge choosing a pair of the latter to wear on the plane en route to a holiday in Mustique.
Since Sex and the City ended in 2004, Davis has had something of a chequered career, with roles in rom coms such as the badly-received Couples Retreat interspersed with stints voicing children's cartoons and a guest appearance on Project Runway.
Her latest project will see her star as Beth Gallagher in a stage adaption of Fatal Attraction, scheduled to begin at London's Haymarket Theatre this month.
Nevertheless, she remains best known for her Sex and the City character Charlotte and her impressive wardrobe of sky high heels.
'I wear heels so rarely now,' she added. 'It hurts when I do – you have to get in training for them, and it takes a lot of practice.'
And Davis isn't the only former Sex and the City to swear off heels. Last year, co-star Sarah Jessica Parker revealed that she had been forced to give up her spikes because of damage to her feet.
Speaking to Net-a-Porter's in-house magazine, Parker said: 'I went to a foot doctor and he said, "Your foot does things it shouldn’t be able to do. That bone there – you’ve created that bone. It doesn’t belong there"’.
'The moral of the story is, the chickens are coming home to roost.
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The prices U.S. companies receive for their goods and services fell in May, offering evidence that inflation is mild.
The producer price index, which measures the cost of goods and services before they reach the consumer, dropped 0.2 percent last month, the Labor Department said Friday. The decline was driven lower by cheaper food and gas, and follows two months of strong gains that had suggested inflation might be perking up after being dormant for two years.
In the past 12 months, producer prices have risen 2 percent, matching the Federal Reserve’s inflation target. That’s down from an annual gain of 2.1 percent in April.


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Our social media roundup is back so you can keep up to date with the biggest and best stories and brand campaigns every month. For a deeper dive into social media platform innovation, head over to The Social Quarterly Report.
After months of anticipation, Instagram has launched its short-form video feature Reels on a global stage. Here are four things marketers need to know – including which brands are already doing well on Reels and why the timing could be perfect for Instagram.
Brands and businesses must constantly recalibrate how they work with influencers as social platforms change. This briefing covers the latest trends in influencer marketing, including Covid-19, ad spend, trust and TikTok. It is an edited version of the influencer section in Econsultancy’s new Social Media Platforms Trends report, authored by Michelle Goodall. Reduced adspend is […]
The China Internet Report predicts China’s livestreaming market will reach 613 million users in 2020. That makes live commerce big business in China, with more than 900 live-streaming sites now allowing consumers to interact and buy from brands in real-time – a market that, according to forecasts by iiMedia, will reach RMB 916bn by the […]
After the failure of promising startups such as Peach, Ello and Mastadon, many wondered if we would ever see the rise of another social media giant again. But TikTok looks like it has gathered a mass audience and is here to stay.


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One World Products OWPC, a company formerly known as One World Pharma, which recently changed its name to "One World Products: Sustainable Hemp and Cannabis Solutions,” will announce on Wednesday it has named Isiah Thomas as executive chairman of its board of directors, Benzinga has learned exclusively.
Thomas will continue to serve in his role as CEO of the company, which is one of the largest Black-controlled licensed cannabis and hemp producers in the U.S. with offices in Las Vegas and operations in Colombia.
“It is incredibly gratifying and important to lead this environmentally and socially-aligned company, creating access to opportunities through transformative partnerships that allow us to continue achieving our long-term vision of eliminating volatile organic compounds and plastics through hemp-derived bioplastic production,” Thomas said. “We look forward to partnering with large multinational companies around hemp-based solutions for all types of applications.”
The company’s previous chairman, Dr. Kenneth Perego, II, M.D., will continue to serve on the board as its vice chairman.
One World Products' presence is increasing in the rapidly developing market for industrial hemp and supplier diversity programs at Fortune 500 organizations, noted a company press release.
Isiah Thomas: Eclectic Background, Basketball And International Business Acumen: Thomas, who many may remember as the 12-time NBA All-Star named as one of the 50 Greatest Players in NBA History, is an inductee in the Naismith Memorial Basketball Hall of Fame.
After reaching many athletic pinnacles - including winning the 1989 and 1990 NBA championships with the Detroit Pistons - Thomas went on to found Isiah International, a holding company with interests in utility vegetation management, real estate, sports and entertainment.
And Then Champagne: Thomas, who became the first African American elected to the Board of the Chicago Stock Exchange in 1999, is often referred to as a serial investor and entrepreneur. Under Thomas’s stewardship, French Cheurlin Champagne, from the vineyards of France’s Aube Champagne region, became an award-winner and a household name.
That experience provided Thomas with a specific understanding of cultivating artisanal crops and overseeing supply and importation - much-needed skills that were likely put to good use last August when One World built an extraction facility in Colombia that was designed to process cannabis flower.
As its name suggests, One World is also focused on environmental, social and governance (ESG) standards, with particular emphasis on its impact on the environment as well as ensuring that its employees, particularly those within its Colombia operations, are valued and recognized for their contributions, while simultaneously maintaining stewardship over their indigenous land.
Stellantis Development Program: One World Products was recently included as one of the first companies comprising the initial collective of the Stellantis-National Business League Black Supplier Development Program. As part of the Program, One World Products will develop and supply hemp-based bioplastic solutions for interior and exterior components to Stellantis N.V. STLA, one of the world’s largest automotive manufacturers.
Thomas, who holds a Master’s degree in education from UC Berkeley, currently serves on the boards of United Wholesale Mortgage and Madison Square Garden Entertainment.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Meet the biggest cannabis industry players and make deals that will push the industry forward.
Featuring live company presentations, insider panels, and unmatched access to networking, the Benzinga Cannabis Capital Conference is where cannabis executives and entrepreneurs meet.
Join us April 11-12, 2023 at Fontainebleau Miami Beach in sunny Florida.


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As property construction increasingly impacts more markets amid a rapidly changing health care payment and delivery model, the seniors housing and care industry is evolving and charting new territories. The 2016 Spring Investment Forum addressed a wide range of issues—from the market’s challenge to absorb the growing number of new units coming online to the impact of the rapidly evolving health care payment and delivery model for seniors. Featured speakers included:
- Dan Mendelson, CEO & Founder of Avalere Health shared his perspective on how the changing health care reimbursement and delivery model and access to data are driving changes in all aspects of seniors housing and care
- Richard Fisher, former president of the Federal Reserve Board of Dallas discussed what’s happening in the economy and what changes could mean for the availability and cost of capital
- Volunteer leaders of the industry’s major trade groups—Argentum, AHCA, ASHA, and LeadingAge—spoke about what they are doing within their own companies and their associations to prepare for the changes being driven both by a new and more demanding consumer and by the new health care delivery model for seniors.
Also Check Out:
- The gallery of photos from the conference
- Video highlights of session and onsite interviews
- Graphic Illustrations of ideas and phrases from select sessions


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After a slow start, Malaysia is making big gains in its electric vehicle charging infrastructure. Petronas Dagangan Berhad (PDB) has just announced it will install a number DC fast charging stations at its stations by the first half of 2022, thanks to a new partnership with Mercedes-Benz Malaysia (MBM) and EV Connection (EVC) – the latter being the operator of the JomCharge network of charging stations.
The Memorandum of Understanding (MoU) will see the national fuel retailer add the chargers to five of its stations along the entire North-South Expressway and part of the East-Coast Expressway during the pilot phase. Petronas says the partnership aims to address the issue of insufficient fast chargers in Malaysia, with the locations of said chargers helping to realise long-distance travel for EV drivers.
“Sustainability is at the core of everything we do and this strategic collaboration signifies another major stride in our efforts to provide cleaner energy in enriching lives for a sustainable future,” said Petronas vice president of marketing Ahmad Adly Alias.
“PDB has provided EV charging facilities at our stations since 2017 and one opportunity that we have identified is the demand for faster charging facilities during long distance travel, especially along major highways. Through this partnership, fast chargers will be available at strategic locations leveraging our wide network of Petronas stations, making customers’ life simpler and better. We view this investment in EV charging facilities a necessary step towards promoting the adoption of EVs in Malaysia,” he added.
Vice president of sales and marketing at MBM, Michael Jopp, confirmed that the company will introduce a range of new fully-electric EQ models in Malaysia next year. “2022 marks the beginning of our Mercedes-EQ model offensive strategy. Mercedes-Benz Malaysia will be introducing a range of our premium all-electric models to define the future of mobility.
“This is in line with Mercedes-Benz’s global strategy to go all-electric by end of the decade where market conditions allow. Therefore, we are fully committed to invest in our local infrastructure together with PDB and EVC to encourage the EV adoption amongst the Malaysian drivers,” he said.
Managing director of EVC Ir Lee Yuen How added: “In support of the Malaysian government’s Budget 2022, EVC is delighted to foster this strategic partnership with PDB and MBM in expanding JomCharge DC fast charger network in the country. Given the clear policy from the Government, we believe that next year will be a tipping point for EV adoption in Malaysia. This tri-party partnership is a big step forward to support Malaysia in the transition to EVs as part of our Low Carbon Mobility Blueprint (LCMB).”
Petronas is not the only fuel retailer to enter the EV charging space in Malaysia. Last month, Shell inked a partnership with BMW Group Malaysia, GreenTech Malaysia and Tenaga Nasional, building on an earlier collaboration with Porsche to install fast charging stations at six Shell stations – also along the North-South Expressway – by mid-2022.
The post Petronas stations to get EV fast chargers by 1H 2022 in partnership with Mercedes-Benz Malaysia, JomCharge appeared first on Paul Tan’s Automotive News.


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If you're all about the "I Don't Wanna Live Forever" singer, then Wednesday is your birthday come early, because Taylor Swift is reportedly launching her own music site. TMZ, who first reported the news, stated that "she's looking to launch a line of music products, including guitars, guitar picks, guitar straps and drumsticks." While sources for Swift have reputed the original report, which claimed that she was launching a music streaming site to compete with Spotify, Entertainment Weekly has reported that Swift has filed trademarks to launch a digital music hub of some kind. It's been reported Swift's lawyers allegedly trademarked the name "Swifties" for the site, and it sounds as if it's going to be in the spirit of everything Swift does — i.e. for both herself and the fans. Bustle has reached out to Swift's reps for comment on the details of the site, but did not receive an immediate response.
It's been reported that the documents involved in the trademark procedure state that she's also looking to use the company to provide educational events for "Swifties" (keep up, that's Swift fans, rather than multiple companies under the same name) like "classes, conferences, coaching, lectures, educational meetings, camps, retreats, seminars, (and) educational summits." And, so fa,r it sounds pretty empowering.
Given Swift's healthy preoccupation with the business side of the music industry she seems like the ideal person to act as a figurehead for a new music service. It could even give hope to musicians; after all, given how public Swift has been about her demands for fair pay, it hardly seems likely that she would run a site that wouldn't compensate musicians fairly.
Swift has always tried to be as in control as possible of her career and this is just taking it to the next level. Let's applaud her initiative.


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UK BAN ON ENTRIES FROM QATAR AND ETHIOPIA IMPACTS HEAVILY ON AIR TRANSPORT
(Posted 19th March 2021)
Ethiopian Airlines has made adjustments to their schedule for flights to London and Manchester in the UK, following new restrictions imposed by the UK government for passenger entries coming from or via Addis Ababa in Ethiopia.
As of yesterday has the UK added Ethiopia to the list of ‘Red Zone‘ countries which are affected by the new regulations.
Ethiopian will continue to operate cargo flights into the UK and, what the airline calls ‘essential‘ outbound flights from the UK to Addis Ababa and the airline’s network beyond in Africa and Asia.
The updated information is available via https://www.gov.uk/guidance/transport-measures-to-protect-the-uk-from-variant-strains-of-covid-19
Qatar Airways too is affected by the new UK measures and the airline has issued the following statement in response:
‘For passengers affected by UK Government Travel Restrictions who have already commenced their journey, in addition to our Travel with Confidence offering, we are working with our airline partners, including British Airways, on more options to get you home reliably. More information will be shared soon.
For passengers who are yet to start their journey, we offer options including date and route changes and ticket refunds. Passengers can still travel from the UK with Qatar Airways and may return on partner airlines where available including British Airways.
If you are travelling to the UK between today, 19th of March and the 18th of May, you may be rebooked onto flights operated by partner airlines, including British Airways, where available. For details, visit our Travel with Confidence page.
Please visit www.qatarairways.com and keep your latest contact details updated through our Manage Booking section. If you have booked through a Travel Agent, please contact them directly for more information.
Qatar Airways is continuing to evaluate additional options which will be communicated as and when available. Please visit our Travel with Confidence page for details.‘
The new regulations if not outright ban met with sharp critique from airlines, airline associations, travel organizations and affected individuals all of whom quote other measures available instead of an outright ban on passenger flight arrivals from such global connectivity hubs like Doha and Addis Ababa.