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Online PR Media is the place where traditional media press releases are supercharged with multimedia, social media, and search engine optimization, to give you the most visibility for your news releases. Our SEO press releases, multimedia press releases, and newswire press release distribution put your news in front of the right people at the right time. Welcome, and enjoy the experience!
Infodriveindia.Com Has Got Latest Database Of Basmati Rice Exporters
Infodriveindia.com a popular import export database company has updated latest records in the Indian Basmati rice exporters section of their website. It is prepared on the grounds of shipment records collected from major ports of India. This database is beneficial for the foreign based Basmati rice importers who import good quantities of Basmati rice from India.
Miami University Football Team Wins
The Miami University (Oxford, Ohio) football team has won the inaugural “Ohio Sports Team Of The Year” award, annually presented by Ohioquotes.com to the state’s premier athletic team. On January 7th, Miami upset Middle Tennessee State University to win the GoDaddy.com Bowl in front of more than 38,000 fans.
Lion King Spellbinds the Spectators at Chicago's Cadillac Palace Theatre
As reported by NEIUindependent.com, Loin King’s opening song "Circle of Life" entertained and excited the spectators immensely. The costumes and presentation of characters was simply breathtaking. The imaginative costumes enabled actors to depict animalistic behaviors. However, they did not seem to disguise but portrayed the animals much more realistically. Everything about the performance including acting, singing and puppetry was carried out by the cast in a marvelous way. Lion King’s enthusiasts were enthralled throughout the show.
Genie garage parts are among the best available, but when a Genie garage door opener gets lost or destroyed finding a replacement and getting it fast is paramount. That’s why 1stDoorOpeners.com commits to same day shipping on most orders.
Best Laminate is now offering Pergo Elegant Expressions laminate floors for a special price of just $2.87 per square foot, a significant price reduction. Best Laminate specializes in top quality laminates, including cheap Pergo floors.
Zobha, a yoga apparel company, announces it will continue giving back with a donation to Headstand for every Grace Tank it sells. In addition to tanks, the company sells yoga mats and other apparel like yoga pants for women and men.
Chicago area physician Dr. Ron Silver demonstrated his commitment to the Jewish community by climbing Mount Kilamanjaro. To demonstrate their commitment to clients, Chicago estate planning law firm, Peck Bloom, LLC helped fund the climb.
The Inside Track, an innovator in trade show flooring, has rolled out a new eco-friendly product -- the company's new rollable bamboo trade show flooring styles are affordable, elegant, portable, and good for the environment.
One of the nation’s top gift card markets, CardWoo [www.cardwoo.com], was the recent focus of a Fox news story that aired on the network’s Orlando affiliate. The segment explored in-depth how shoppers can buy and sell gift cards on the website, which is rapidly growing in popularity.
Computerized payroll is quick and painless with ezPaycheck 2011 - the robust in-house payroll software from Halfpricesoft.com designed with all the features a small business needs and simple enough for anyone to use.
Dance Direct France Sees Record Back to School and Christmas sales
Dance Direct in France has just had its best Back to School and Christmas so far, the team there are literally run off their feet picking orders for Capezio tights and ballet shoes and hundreds of leotards which found themselves a new home with little ballet dancers and dance teachers around the country.
CardWoo [www.cardwoo.com], a premier destination for buying and selling gift cards, was recently featured on ABC News in Tulsa, OK, during a segment called Gift Card Options. The news item highlighted the surge of interest in the website since the year-end holidays, when millions of Americans received unwanted gift cards.
Creative-Baby-Nursery-Rooms.com announced the launch of their annual nursery design contest last week. This year’s contest is sponsored by GreenPeaBaby.com and KryshasCreations.com. By sending in photos of their nursery designs, entrants have a chance to win a selection of prizes including a $250 gift certificate to an online baby goods retailer.
The Biggest 3D Boob Tube and the Long Awaited Little Gizmo That Accompanies It
HDTVs just keep getting bigger. Now 3D HDTVs are pushing the envelope too. LG just released its behemoth at the CES2011 in Las Vegas. So just what size makes it the biggest 3D LED TV? Well when comparing it to other 3D televisions -72 inches would crown it king. The news here is that LG is releasing another long awaited little toy to go with its big toy.
Three Dolphins Group acquires Phuket landmark Mom Tri's Boathouse Phuket, Thailand
Khun Narong Pattamasaevi, the Executive Chairman of Three Dolphins Co., Ltd., which owns and operates world-renowned Trisara, Phuket, made the announcement the Three Dolphins Group has signed contracts to complete transactions to acquire 100% of shares in The Boathouse Inn and Restaurant Co., Ltd. plus other related real estate properties in Phuket
Modern Furniture Warehouse Now Offers Free Return Shipping
In a time when customer service seems to be anything but top priority, Modern Furniture Warehouse is proud to reiterate its belief that customer service is the most important aspect of ethical business practices. We're proud to offer complimentary free return shipping as part of our total package approach.
ENGEL & VOLKERS SET TO OPEN LUXURY REAL ESTATE PROPERTY SHOP IN EAST HAMPTON, NEW YORK.
Engel & Volkers, one of the world's leading service companies for the brokerage of prestigious residential property, commercial real estate and yachts, is opening an office in East Hampton at 26 Montauk Highway. The announcement was made by Jonathan Lerner, Managing Director. The East Hampton property shop joins Mr. Lerner’s shops in Scarsdale and Southampton.
Just wanted to thank you guys for publishing my press release this morning, this one release landed under all of my key words. A steady flow of traffic has poured through all day, not to mention the release looks great.


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NEW YORK--Following a similar move by Netcom, another Internet service provider is planning to move beyond the $19.95 flat monthly charge that has become the industry standard.
EarthLink Network (ELNK) is testing an unlimited access service for $29.95 a month with a limited number of customers, according to sources. For that price, the company will offer users a "gold" level of customer support and a quarterly CD-ROM containing the latest Net software, sources said.
The move is part of a growing trend among ISPs to supplement or move away entirely from the standard $19.95 all-you-can-eat Net access plan with a more expensive, premium level of service. Many in the industry have wondered aloud how ISPs would be able to maintain that rate and still make money.
Last March, Netcom announced that it would offer customers unlimited Net access at $24.95 per month. This pricing plan includes a "fair use" policy that, at the lower levels, gives higher priority during peak hours to users who aren't constantly logged on. AT&T, Sprint, and America Online have all said they are considering tiered pricing plans.
According to sources, EarthLink's $29.95 service will not give users higher priority when they log on to the company's national network. But customers will get a higher priority when they call for technical support.
EarthLink will not abandon its $19.95 monthly access fee, sources said, and the company has not established a date when it will make its new pricing plan available to the public. The company declined to comment.
The Pasadena, California, ISP claims to have pioneered the $19.95 unlimited access plan. The company has 320,000 subscribers.

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While many local shoppers may be taking steak off their grocery lists this month as the XL Foods Inc. beef recall continued to expand, not all meat vendors have felt the pinch.
At Queen's Park Meat Market in New Westminster, butcher and owner Peter Corbeil says his beef sales have actually risen slightly in the last few weeks.
"My beef isn't affected by the recall," he said. "Mine is carcass beef from Alberta - but it's carcass, it's not the processed stuff they're selling at the chain stores."
The nationwide beef recall began last month after it was discovered a strain of E. coli had contaminated beef products from the Brooks, Alta. processing plant.
At least 16 Canadians have fallen ill after eating meat from that plant, according to the Public Health Agency of Canada.
Just before Thanksgiving, Corbeil signed an affidavit for the Canadian Food Inspection Agency stating he has never had any beef from XL Foods at his shop.
Corbeil used to work in meat departments at big name grocery stores.
For the past 14 years, he has run the small shop at the corner of Second Street and Fourth Avenue, selling meat the "old fashioned" way - cutting and aging the beef, pork, chicken and turkey himself.
He said he noticed less quality control over the meat handling process in the meat departments at the larger retailers, and so today encourages shoppers to get to know where their meat is coming from. "You've got to know your suppliers and have trust in the person who's selling it to you," he said, suggesting this is more important than buying local when it comes to food safety.
Leslie Ste. Marie is a regular customer who has been dropping in to Corbeil's shop for more than a decade.
She said she initially came for the custom orders but now an added motive is the peace of mind in knowing who is handling her food.
"Because I come here so often, I know Peter," she said. "I'm here a couple of times a week, so I can just ask him if I have any concerns about something."
Rino Cioffi, owner and manager of Cioffi's Meat Market and Deli in Burnaby Heights, has also found his beef sales have been affected by the Alberta beef recall.
He said some restaurants that were buying beef from larger retailers are now buying from him.
Cioffi believes the XL recall reflects a need for the public to reconsider general attitudes towards food production and consumption.
"Forty per cent of our wages used to go to food and now it's only 10 per cent," he said. "I think that's totally crazy. ... We're all trying to get the cheapest thing in food and it's the wrong way to do it."
Amy Frye, acting director for the Centre for Sustainable Food Systems at the University of British Columbia farm, agreed with Cioffi's sentiment.
She said consumers should carefully consider their food choices and think about which food systems they want to support.
"What cost do you place on your health, when you consider outbreaks and recalls like this one?" she said in an email to The Record. "The externalized environmental and health costs of the industrialized food system are significant, and the price tags at the store don't reflect the true cost of that food."
Frye suggested the B.C. meat inspection regulations - implemented as part of the Food Safety Act - have actually hindered the creation of a safe food supply by making it more difficult and expensive to process meat locally.
"We need policies that make it easier, not harder, for farmers and consumers alike to participate in a local food system," she said. "We need more regional infrastructure to support processing locally. I believe that it's everyone's right to have access to a safe and secure food supply, but current regulations move us further away from that outcome, rather than toward it. And it's really a question of how much risk we are willing to live with."


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Ian Brown has revealed that his kids make pocket money by selling posters of him online.
Speaking at the launch of Mick Jones’ Rock ‘N’ Roll Public Library earlier this week, the former Stone Roses singer told The Quietus he was impressed by The Clash man’s collection, and suggested he should do something similar as he has “loads of Roses stuff at home”.
The star then joked that his children were ahead of him in the nostalgia game.
“My kids, though, have started selling posters of me on eBay,” he joked. “They get me to sign them and then sell them online for £10. It saves me having to give them [pocket] money!”


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AWS optimistic about cloud
Amazon Web Services (AWS) CEO Andy Jassy has said the cloud computing industry promises strong growth momentum.
AMD has announced it is enabling an open ecosystem for OEMs to create and customize high performance mini PCs, powered by its Ryzen Embedded V1000 and R1000 processors.
At AWS re:Invent, Amazon Web Services (AWS) has announced several new projects including five new artificial intelligence (AI) services designed to put machine learning in the hands of more application developers and end users - with no machine learning experience required, and three key initiatives...
Taiwan-based IPC maker Adlink Technology is aggressively building a smart manufacturing ecosystem in cooperation with IBM Taiwan, World Peace Industrial Group, Delta Electronics and WiAdance Technology, seeking to integrate OT (operation technology), IT and AI technologies to materialize smart manufacturing...
Taiwan-based Wistron Medical Technology is deepening its deployment in four domains seeking to leverage its parent firm's ICT prowess to informatize, digitalize, and smartize medical solutions, according to company CEO Donald Huang, concurrently chief technology officer at Wistron.
Along with NB-IoT network coverage, smart door locks are expected to become one of the most-demanded IoT devices following smart light sources and smart speakers, as they will become popular in the smart living market with expanded functions, according to industry sources.
Adlink Technology has joined forces with Intel and Amazon Web Services (AWS) to simplify artificial intelligence (AI) at the edge for machine vision, offering an integrated solution featuring an Amazon Sagemaker-built machine learning model optimized by and deployed with the Intel Distribution of OpenVINO...
Taiwan's Industrial Technology Research Institute (ITRI) has collaborated with Frost & Sullivan to develop a set of case studies to showcase the region's brightest security innovators.
Paris-Saclay, a research-intensive and high-tech business cluster in the south of the French capital city, aims to become an international scientific and technological hub competiting with Silicon Valley, according to senior project manager Jeremy Herve.
JustCo, a Singapore-based coworking space provider, has been keen to help startups better tap funding, talent, technology and market resources needed to support their operations through flexible space usage solutions, distinct space designs and friendly community ecosystems offered for coworking space...
The commercialization of 5G communication networks will spur the growth of both base station and smartphone markets, which in turn will significantly drive demand for high-performance cooling modules in 2020, according to industry sources.
Commercial refresh of Windows 7 EOS to Keep EMEA PC market afloat despite CPU shortages, says IDC
Shipments of EMEA traditional PCs (a combination of desktops, notebooks, and workstations) will total 72.1 million in 2019, a 0.6% on-year growth, according to IDC. While weakness in the consumer segment will continue to constrict overall growth, commercial strength will keep the EMEA PC market aflo...
Avanta Innovative Medical Center in Armenia plays a key role for the country to promote medical tourism, according to the center's CEO Artur Harutyunyan.
Taiwan has seen startups proliferating in diverse segments, and how to extend their reach abroad and build international connections is a pressing matter. Three startups shed light on their ways to develop overseas markets and form Asia startup ecosystems in a recent forum jointly hosted by Taipei...
Taiwan-based AppWorks accelerator has recently hosted AppWorks Demo Day#19 in Taiwan to promote 18 of its startups, with the event attracting over 1,200 investors and industry representatives.
Cisco sets up smart city solutions demo center in Taiwan
US-based Cisco Systems has teamed up with eight Taiwanese strategic partners to set up a demonstration center for smart city applications and solutions in northern Taiwan, seeking to join forces with the Taoyuan City Government, Taoyuan Aerotropolis and Asia Silicon Valley Development Project to build...
Smart manufacturing trend rising in Southeast Asia
The trend of smart manufacturing has begun to spread in Southeast Asia as more manufacturers are looking to move some of their production lines away from China in the wake of the US-China trade disputes, according to sources from the upstream supply chain.
On the heels of strong growth during the third quarter of 2019 and changing dynamics in the market for personal computing devices (PCDs), IDC has raised its outlook for the remainder of 2019 with overall PCD shipments to reach 407.7 million by the end of 2019, up 0.5% from 2018.
Taiwan's FinTech will enter a new era of development as three Internet-only banks have been approved to kick off operations in 2020, according to Willington Koo, chairman of the Financial Supervisory Commission (FSC).
Experience and feeling to be core of 5G innovations, says Onda from Orange Silicon Valley
5G-based innovative technologies will focus on user experience and feeling, according to startup investment expert Jay Onda from Orange Silicon Valley.
Taiwan's government-funded Industrial Technology Research Institute (ITRI) and Everest Textile, a local maker of functional fabrics, have jointly developed an automated multi-tasking system for garment production, able to cut manual operation by 70% through incorporating ITRI's 3D smart vision sensing...
Taiwan's National Cheng Kung University (NCKU) has recently deployed five new Nvidia DGX-1 deep-learning supercomputers, looking to improve its R&D in AI technologies. Prior to the installment, NCKU already acquired a DGX-1 in 2017.
Remote maintenance essential to IoT, says Innodisk
As the volume of IoT devices and sensors is increasing explosively and when they break down, manual repair is costly and requires lengthy operation suspension, remote monitoring and maintenance become important to secure their steady operation, according to industrial memory module maker Innodisk.
THI Consultants evaluates the impact on traffic conditions arising from autonomous vehicles' running on roads as reference for their trial run, according to company president Jessica Lin.
Production of Taiwan's manufacturing industry totaled NT$3.37 trillion in the third quarter of 2019, down 7.01% on year, making the third consecutive quarter of on-year declines due mainly to the US-China trade tensions, according to figures from Taiwan's Ministry of Economic Affairs (MOEA).
Taiwan LCD TVs – 3Q 2019
Taiwan's TV maker shipped a total of 7.39 million LCD TVs in the third quarter, up 3.2% sequentially.
Taiwan LCD monitors – 3Q 2019
Taiwan PC monitor shipments continued to grow on-year in the third quarter of 2019 at 5.8% to arrive at 23.73 million units.
Global tablet market – 3Q 2019
Global tablet shipments came to a total of 44.32 million units in the third quarter of 2019, up 35.7% sequentially and 1.5%...
Global LCD panel shipment forecast, 2020 and beyond
Global small- to medium-size LCD panel shipments are estimated to drop from 2020 to 2024, while large-size ones will continue...
Global mobile device shipment forecasts, 2020 and beyond: Smartphones, notebooks and tablets
Notebooks, smartphones and tablets are expected to see mixed shipment performances in 2019. Notebook shipments will grow mildly...
Taiwan semiconductor foundry sector, 2Q19
According to Digitimes Research's observation, with global market demand on a moderate increase in second-quarter 2019, Taiwan-based...


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First went the publishing industry. Now, it’s broadcast television watching its profits sink as the internet and the rise of cable TV eat away at its business model.
So, what’s a CBS or NBC or ABC to do? Disrupt its own model, argues Columbia Business School professor Rita Gunther McGrath.
In a post on the Harvard Business Review, she writes:
The basic problem is that the constraints which broadcasters have historically used to protect their profits have now been relaxed — or have even disappeared. Indeed, the New York Times recently noted that the profit model for broadcasters is under assault, citing “cracks in the citadel of TV profits.” The issue is that when you sell things in bundles you can charge for a whole bunch of things nobody really wants — customers will pay for the entire bundle in order to get the one or two things they actually want. This worked for years in cable television — give customers hundreds of channels they won’t watch but will pay for anyway in order to obtain ESPN or HBO.


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Cookies and peanuts in AI short distance flights
In AI flight for less than an hour? Munch on cookies and peanuts.
Air India is on a cost cutting measure again. As per news, economy class passengers travelling on a flight less than one hour long will now be given peanuts and cookies instead of samosas and sandwiches.
Sources say that Air India is on both cost cutting and food saving measures. Passengers who board the Air India flight for a short duration will now help themselves with peanuts and cookies packets which will be available at the entrance of aircraft. This move is also likely to stop complaints of stale sandwiches and samosas. Packets with long shelf life will be available for passengers. This move will also avoid excess loading of food on aircrafts.
As per a senior AI official, these packed food items do not need refrigeration and will not be carried on food carts. Passengers can pick up their packets when they board the flight and eat or carry the packets with them as they please.
It has also been informed that passengers will be served only lunch and dinner during the flight. Cost cutting also includes replacing paneer with potato and fish/prawns with chicken. It may be noted that last year Air India had announced only vegetarian food for economy class passengers.


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“Elastomeric materials have really been a game changer for us,” says Dr. Chalikonda said. “When I think about all the millions of dollars wasted on N95 and then trying to reuse it, I realize how much elastomers are a missed opportunity.”
Federal health officials say they are working as quickly as possible to develop stricter elastomer guidelines. Marianne D’Alessandro, director of the National Laboratory for Personal Protection Technologies, said scientists are reviewing feedback from the study, which distributed nearly 100,000 respirators to hospitals, nursing homes and first responders across the country. “If we can put together a set of tools that will guide organizations and educate users, we hope that will get us off the ground,” she said.
Many mask makers are unlikely to last that long. Max Bock-Aronson, co-founder of Breathe99, which makes an elastomeric respirator that Time magazine named as one of the best inventions of 2020, is phasing out production at the company’s Minnesota plant.
He blamed the drop in sales on Covid fatigue and declining public interest in protective gear. He added that the company’s fortunes were doomed early on due to the CDC’s mask guidance, which prompted Amazon, Google and Facebook to restrict or prohibit the sale medical masks to consumers, even as PPE imports have begun flooding the United States again.
“The whole industry is gutted,” said Mr. Bok-Aronson. “Every time a new option comes out, we get a small increase in sales, but I haven’t taken a dime from the company since May of last year.”
For now, he is focused on finding a buyer for his company by selling his inventory online. The masks cost $59 and can be covered in washable covers in eight colors including raspberry, linen and royal blue.
All sales, as apologetically noted on the website, are final.


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UK: Diageo launches responsible drinking campaign
Diageo Northern Ireland has launched a campaign to promote responsible drinking in the lead up to Christmas.
Based on the idea that drinking too much has a negative impact on evenings out, this campaign builds on 'The Choice is Yours' campaign of 2007, Diageo said yesterday (10 November).
The poster ads show the image of someone drinking and having a great time with friends on a night out. However, the posters also show how drinking irresponsibly can ruin a night out, emphasising that "everyone has a choice".
The campaign will be displayed at prominent sites in towns, villages and cities across Northern Ireland.
The move was announced on the same day that an influential body of MPs in London called for minimum drinks prices, strict limits on promotions and a new mandatory code of practice for the industry, in order to tackle alcohol-related harm.
Diageo's outdoor activity in Northern Ireland is part of a global programme to combat alcohol misuse, and one of a series of initiatives that Diageo is announcing to communicate with consumers the need to drink responsibly.
"Diageo is committed to changing attitude and behaviour towards irresponsible drinking," said Allison Offor, head of corporate relations for Diageo Northern Ireland. She add that Diageo was "leading industry initiatives to bring about change."
As owner of some of the world's most successful alcohol brands, Diageo clearly recognises the importance of innovation. Olly Wehring spoke with Syl Saller, global innovations director at Diageo, about...
Already battling the recession, those attending next week's Tax Free World Association (TFWA) Asia Pacific Exhibition are nervously watching developments in the swine flu outbreak, remembering the adv...
Concerns over health and drink-driving are fostering growth in the low- and non-alcohol beer categories. Spiros Malandrakis, drinks analyst at Euromonitor International, assesses the progress and pote...
SABMiller will follow up the launch of a brewery in Southern Sudan by opening another three breweries across Africa in 2009, in recognition of the continent's potential as a beer market....
Diageo has reported a slide in organic like-for-like sales in its latest quarter, but has reiterated its forecast of operating profit growth for the full-year....
Asia Pacific Breweries has reported a slight lift in profits, despite slowing sales in its second quarter....
Foster's Group has extended its PET offering for the Wolf Blass Green Label wine brand in its domestic market....
Central European Distribution Corporation has posted a dip in sales for the first quarter of this year, with net profit turning into a loss for the period....
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- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
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Sales revenue by Audi Hungaria Plc., a member of the Audi group and the central engine supplier to the Audi and Volkswagen groups, increased by EUR 719 million (HUF 284.4 billion) last year, and its profit after tax by EUR 11 million (HUF 4.352 billion), the company said at its annual press conference at its base in Győr, NW Hungary on Thursday.
The chairman of the board of Audi Hungaria Plc., Alfons Dintner, recalled that the Győr-based company is 30 years old this year and currently has 5 million square meters of production space.
He stressed that despite the shortage of semiconductors, the coronavirus epidemic, the Russian-Ukrainian war and the turbulent economic situation, the company had "stayed on course" in the past financial year, maintaining production volume levels and safeguarding jobs for its core workforce.
In this way, Audi Hungaria has demonstrated its important role within the Audi and Volkswagen groups, he said. He added that with the production of the Cupra Terramar to be based in Győr from 2024, this will be the first multi-brand production site of the Audi Group.
Alfons Dintner added he was optimistic about the future, because they have a large order book in engine production, vehicle manufacturing and tooling.
He pointed out that despite the tense global market conditions, Audi's Next Level start-up strategy aims to shape the situation, not manage it. One of the means to achieve this is the Shared Competence Center (SCC) and the recently established subsidiary Audi Hungaria Ahead Kft., which provides procurement, finance and IT services to the Volkswagen Group.
He reported that the transition to electromobility is continuing, with preparations already underway for the production of the next generation of electric motors and the new Modularer E-antriebs-Baukasten (MEBeco) electric drive concepts.
Patrick Heinecke, member of the company's board of management responsible for IT, procurement and compliance, said that Audi is a major economic player in Hungary, with more than 70 Hungarian suppliers and the largest employer in the region.
Zoltán Les, Member of the Board of Management of Audi Hungaria, responsible for Vehicle Production, pointed out that the integration of the Cupra Terramar model into production is underway, and that there will be a production stop on the production line during the first two weeks of April due to the changeover.
Last year, the company posted sales of EUR 8.436 billion (HUF 3,337.450 billion), compared with EUR 7.717 billion (HUF 3,052.999 billion) in 2021. The company's after-tax profit was EUR 343 million (HUF 135.698 billion) in 2022, compared with EUR 332 million (HUF 131.345 billion) in 2021.
Last year, 1,677,545 engines were produced in Győr, 56,778 more than in 2021. The number of vehicles produced was 171,134 – 119 more than in the previous year.
in 2022, the company invested EUR 220 million (HUF 87.036 billion), bringing the total value of investments since the company was founded to EUR 12.172 billion (HUF 4 815.486 billion).
Audi Hungaria Plc. employed 11,957 people at the end of last year, 26 fewer than in 2021.
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The title of the press release says, “OSHA encourages major retailers to provide crowd management measures.” A better word instead of “encourages” would have been “warns.”
That’s because OSHA has shown it will issue fines when crowd control problems impact workers. Not only that — OSHA will also spend lots of money to uphold the fines.
This all goes back to 2008 when a worker at Wal-Mart’s Valley Stream, NY, store was trampled and killed by a crowd of shoppers waiting to enter for Black Friday sales.
OSHA fined Wal-Mart $7,000 under the general duty clause because there are no occupational safety regulations on crowd control.
Wal-Mart appealed, trying to get the fine thrown out. It spent $2 million fighting the $7,000 fine according to The New York Times. It’s also estimated that OSHA spent almost $600,000 defending itself.
An administrative law judge sided with OSHA.
Why’d the retail giant spend so much on such a small fine? Industry experts say Wal-Mart’s motivation was likely fear of excessive interference by government agencies in sales and marketing campaigns.
Despite all this legal wrangling, Wal-Mart continues to adopt the types of measures recommended by OSHA to prevent another trampling death or serious injury.
In its press release, OSHA lists the following recommendations for retailers to avoid crowd control problems during major sales:
- Have trained security personnel or police officers set up barricades or rope lines for pedestrians and crowd control well before customers are expected to arrive
- Make sure barricades are set up so the customer line doesn’t start right at the store entrance
- Have emergency procedures in place that address potential dangers
- Have security personnel or customer service reps explain entrance procedures to the public, and
- Don’t allow customers to enter the store when it reaches its maximum occupancy level.
Wal-Mart says it consulted with safety experts in the sports and entertainment industries to develop store-specific plans that include:
- Eliminating the waiting lines by staying open through the night, starting at 7 a.m. on Thanksgiving Day
- Giving people tickets for hot items like electronics so they don’t have to rush and grab items
- Using steel barriers instead of plastic ones, and
- Using raised platforms so employees can tell people what’s happening.
The industry itself has jumped into the fray by releasing its own crowd control guidelines for retail stores. Again, they’re not all that much different than those recommended by OSHA.
Yet, the same group that published the recommendations, the National Retailers Foundation, has expressed concerns with OSHA’s action in the Wal-Mart case.
So the retailers are OK with setting voluntary crowd control standards, but they fear the ramifications of OSHA turning something voluntary into mandatory and punishable by the government.
Are voluntary standards enough? Let us know what you think in the comments below.


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Best Fraud Market Darknet
One month ago, the Dark Web's top marketplace closed shop, the go-to online marketplace for illegal drugs and fraudulent credit cards. The Darknet offers fraud travelservices for 25-70 of its real value. Read to find out more details about travel fraud in the darknet. Read. Here is what you need to know about the dark web, how identity web sounds like scary place, but not everyone there is up to no good. Often, darknet markets are hit by an exit scam, whereby the admins of the market close up shop, exiting with bitcoins and other cryptocurrencies. The complaint alleges that for nearly three years, WSM was operated on the dark web by three men who engineered an exit scam last month. As Rutwij Kulkarni said above, there are numerous darknet markets that sell a variety of products, including drugs, guns, and fake documents. I've updated this. A notorious black-market bazaar announces plans to close up shop on the same drugs, cybercrime, document fraud, non-cash payment fraud. Icarus Market was another darknet marketplace that went offline recently, despite rolling out updates and earning the trust of users. It's. The first online publication that won a Pulitzer is now also the first major publication with a .onion address. ProPublica does a lot of things.
In April 2022, the dark web market Nucleus went offline. information shows up for sale or fraudulent charges begin occurring on enough. The dark web marketplace called Canadian HeadQuarters offline may of fraud will have to find a new marketplaces to do business. Researchers say they are scams, but people who want someone dead aren't on the dark net, like the drug markets and the sites selling the. Often, darknet markets are hit by an exit scam, whereby the admins of the market close up shop, exiting with bitcoins and other cryptocurrencies. The markets are booming with counterfeit documents to further enable fraud, including new identity kits, passports, utility bills, social security cards and. Dark web marketplaces offer a variety of fraudulent documents, including bank statements, cheques, fake debit or credit cards, and counterfeit currencies. Some. Active directory of black-market websites, best dark web markets list. he said eliminate the possibility of a scam, drugs are brokered with the service. The aforementioned Websites list the top Dark. Web marketplaces. Due to the sensitive nature of our research, we cannot disclose the specific. The dark web economy has a huge impact on phishing. New tools coming on the market can influence the scope and style of phishing attacks.
Get the best casino games for free fun today! 20 hours ago Carding Black Markets Card Fraud Best Carders Stuff Market DarkNet Black List Darkweb Forum. Over the course of crawling and exploring fraud on the darknet and deep web, DarkOwl discovered a unique language across vendors and key fraud. Cybersecurity firm Sixgill, which found that stolen credit card info has skyrocketed on the Dark Web recently, shared images of the marketplace. The payment process in the darknet markets has followed the process which was used by the Silk Road, one of the first and best known. The Darknet offers fraud travel services for 25-70 of its real value. Read to find out more details about travel fraud in the darknet. Read. The dark web is an internet monero darknet markets shadow world where the good and the bad a fully functional marketplace where hidden customers can buy from. Services like SSNDOB enable several different kinds of digital fraud by giving cybercriminals access to stolen PII, researchers at Chainalysis. The idea of a Darknet Market (DNM) search engine where one can browse offers Reddit wickr vendors A look into Corporate fraud in 2 days ago Best UK 420. Hydra darknet marketplace, the biggest of the Russian Darknet Markets is expanding into the English speaking domain. What's the fraud threat.
Tricky, but best fraud market darknet's why it's, by far, the best method to access dark web content. Source: NordVPN. Pros of using Tor over VPN: Session. Hydra darknet marketplace, the biggest of the Russian Darknet Markets is expanding into the English speaking domain. What's the fraud threat. Darknet websites.Darknet wallstreet market.Darknet wall street market 77.Darknet stock market 69.Darknet seiten dream market 17. Get the best casino games for free fun today! 20 hours ago Carding Black Markets Card Fraud Best Carders Stuff Market DarkNet Black List Darkweb Forum. May 02, 2022 The Best Sex Toys on Amazon for Men I would love to see the Marketplace you can follow these steps: From facebook Select service. Barring any other unknown monero darknet market marketplaces that have made even more, based on the amount of money it received, Hydra was the largest darknet market. Markets and shops Credit card details used for online fraud are cheaper and quick access to locating the best dark net stolen credit card details. Torrez market darknet Visit the page for prvtzone onion link, card data 14 su is a scam website or a legit website Cvv market aint an easy place to do. Dark Web Market Price Index: 2022 Report 1,250: average value of the online identity of an individual in the best fraud market darknet. on the dark web in 2022. For.
Dark web marketplaces offer a variety of fraudulent documents, including bank statements, cheques, fake debit or credit cards, and counterfeit currencies. Some. The Daily Swig aims to bring the latest darknet news, darknet market news, US identity thieves jailed over 130,000 scam that targeted the elderly. The dark web is an internet shadow world where the good and the bad a fully functional marketplace where hidden mdm love drug customers can buy from. C The three other darknet markets were TradeRoute, Valhalla and Berlusconi Market. TradeRoute disappeared because of an exit scam in. October best fraud market darknet was. Here is what you need to know about the dark web, how identity web sounds like scary place, but not everyone there is up to no good. Torrez market darknet Visit the page for prvtzone onion link, card data 14 su is a scam website or a legit website Cvv market aint an easy place to do. At the time of this writing, White House Market is currently the only top darknet market to enforce a Monero-only payment policy. This hidden criminal marketplace amplifies fraud risk for finance departments the world over. The dark web is widely discussed and often poorly understood. Said they took down dark web marketplace Canadian HeadQuarters on three years in prison for access device fraud after selling more.
With billions of people on social media globally, understanding how to market on various social platforms has become an integral part of Website URL 1 Oct 2018 best fraud market darknet On this page, you can set the global rules for URL rewriting in your marketplace. Sam e as Clearnet, the deep web also has many tor searc h engines which co ntinuously crawl. And, as I said, they were lying about all of this. In an environment like that, a business based on the Finnish core values, trust and humility, may actually have a powerful asset in its hands. We added the most popular Currencies and CryptoCurrencies for our Calculator. Princeton University carried out a study about it, using a combination of semi-structured interviews and online surveys.
Our study used opioid keywords and jargons to recognize listings and forum traces related to underground opioid trading activities. One of the major differences between the legit websites and the illegal ones is the URL structure. He agreed to wear a wire while market onion he picked up the packages, like he did every day.


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MADISON, CONN. Oct. 31, 2017 –Last November Warner Bros. entered into a final consent order with the FTC to settle charges related to a 2014 influencer marketing campaign for its Lord of the Rings-inspired “Middle-Earth: Shadow of Mordor” video game. As part of the settlement, the company was barred from misrepresenting sponsored content as the objective, independent opinions of the influencers themselves and required to bring sponsored posts into compliance. Now ad watchdog truthinadvertising.org (TINA.org) has found that nearly a year later, the company has yet to meet these requirements and is urging the Federal Trade Commission (FTC) to reopen the case.
According to the FTC’s complaint, Warner Bros. hired online influencers including PewDiePie, the foul-mouthed and at times controversial Swedish video game commentator whose more than 57 million subscribers make him by far the most popular YouTuber in the world, to promote the Shadow of Mordor game on social media. The sponsored gameplay videos he created, however, lacked clear and conspicuous disclosure of the fact that Warner Bros. paid influencers thousands of dollars to speak glowingly of the game (and ignore any bugs or glitches).
The settlement terms gave Warner Bros. 60 days to submit a written report showing that it had brought sponsored posts into compliance with the requirements of the order, including adding disclosure to all sponsored gameplay videos. TINA.org has found, however, that Warner Bros. still has work to do. PewDiePie’s video, which has garnered an additional 175,000 views to the 3.7 million it had when it starred as “Exhibit A-1” to the FTC complaint still lacks appropriate sponsorship disclosure.
Because the PewDiePie video has remained unchanged despite the order, TINA.org is now calling on the FTC to take another look at Warner Bros.’s use of influencer marketing and take appropriate enforcement action. In a letter to the agency, the ad watchdog wrote that such blatant disregard of a Commission Order is inexcusable and suggests there may be other violations as well, particularly in light of the company’s recent release of numerous other video games, including “Middle-Earth: Shadow of War” (the sequel to 2014’s “Middle-Earth: Shadow of Mordor”).
To read more about TINA.org’s review of Warner Bros. influencer marketing see: www.truthinadvertising.org/warner-bros-pewdiepie-not-game-disclose-influencer-marketing/
See the FTC’s other actions against influencers here: www.truthinadvertising.org/ftc-social-media-actions/
If you are a member of the media looking to contact us, please email us at: [email protected]


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TreeHouse Foods Inc. plans to shutter its Minneapolis nuts-and-trail-mix plant, putting 120 workers out of a job.
The Chicago-based company reported languid sales of snacks in its first-quarter results Thursday.
TreeHouse said it scheduled the closure of the Minneapolis plant for around September “to provide employees with as much notice as possible and to ensure a seamless transition for customers.”
TreeHouse makes snacks, cereal and refrigerated dough that are sold under the name of other companies, like supermarket brands, also known as private label products.
It’s TreeHouse’s second closure in Minnesota in the last two years. In late 2017, it closed a plant in Brooklyn Park that made boxed macaroni and cheese and prepackaged meals. It still has facility in Lakeville that produces fruit snacks and snack bars.
The company, in Thursday’s earnings report, said its snacks division continues to underperform and “that the [Minneapolis] plant closure is necessary to position the business for success at lower volume levels.”
The Minnesota Department of Employment and Economic Development has not yet been notified of the plant closure, but a spokesman said it is positioned to provide assistance to displaced workers.


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Rising energy costs set to drive inflation higher to 2.5%, but wages and jobs are expected to grow
- July’s Consumer Prices Index measure of inflation is released on Wednesday
- It’s expected to have gone up to 2.5% from 2.4% in June
- Labour market figures released on Tuesday are likely to provide better news
Inflation jumped last month, rising for the first time since November, figures out this week are expected to show.
Analysts at Capital Economics said July’s Consumer Prices Index measure of inflation is likely to have risen to 2.5 per cent when it is released on Wednesday, up from 2.4 per cent in June.
The consultancy said increases in energy costs drove the price rise. In a note to clients it added: ‘With sterling oil prices up by over 50 per cent in annual terms in July and further utility prices hikes coming through, the contribution from energy prices to inflation is likely to increase.’
Cost of living: Inflation is expected to have risen to 2.5%
However, labour market figures, which are released on Tuesday, are likely to provide better news.
Capital Economics said it expected the unemployment rate to drop to 4.1 per cent in July from 4.2 per cent in June, and headline wage growth to rise to 2.6 per cent in July, from 2.5 per cent in June.
But the consultancy warned that jobs growth might slow, saying: ‘Surveys suggest that employers are finding it more difficult to hire suitable staff.’


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This could be a moment for some sombre thoughts.
In the last few weeks in the UK a number of small to medium size wholesale lingerie businesses have bit the dust and no doubt many retailers are hanging on by their finger tips if they have so far survived this recession.
This week news broke that Intimas, the company behind brands such as Charnos and Lepel among others, has gone into administration with 200 jobs threatened here in the UK.
Now for those who don’t follow this sort of stuff – administration means that the company could still survive. A specialist firm or firms will have moved in to see if or how they can save the business. But if a big company such as Intimas does follow some of the earlier victims of the recession then the longer term impact on the lingerie buying public cannot be ignored.
Some might say that the lingerie industry is over crowded with far too many designers, manufacturers and retailers, especially after the last few years when so many new brands and companies have emerged. However, as you might expect, I am not one of those people!
The volume and diversity of our lingerie businesses results in wonderful choice for those who buy lingerie. As businesses go under and products disappear choice will decrease and while in the very long term new businesses will spring up and give you choice again, it may be your favourite brand, designer or shop that has gone for ever.
So the money may be tight but this a call to all you lingerie lovers to support your favourite brand, designer or shop where ever you are and who ever they are. This is not a plea specific to our lingerie shop which is still growing nicely, and long may it continue to do so, despite the recession. But it is a plea on behalf of the lingerie industry as a whole. If you want to have choice and diversity in lingerie then spend a little money on it now – after all there are some great offers about.
More TLP reads on the lingerie business and the recession:
Gill Fernandez – Ever So Sexy
A background in finance and sales but a deep desire to do something more feminine brought Gill into the world of lingerie when she decided to form her own company Crysalis Ltd which trades on line under the name www.ever-so-sexy.com and specialises in the glamorous, pretty and down right sexy stuff..
Read all posts by Gill Fernandez right here!
It’s a worrying time when well-known manufacturers such as Intimas call in the administrators. Their loss of their licence to manufacture Ted Baker lingerie earlier this year and their decision not to attend the Harrogate Lingerie Exhibition this year were perhaps an indication of their vulnerable position. And it’s not just one brand that disappears when a manufacturer fails – Intimas were the manufacturers of Charnos, Lepel, and DM. A lot of retailers too seem to be feeling the pinch. We have noticed a lot of products out there being retailed near to their wholesale cost price. Trends are changing, and those who are over-extended or poorly focused may well not be around this time next year.


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Zoo Tycoon is hosting a series of community challenges to raise money for endangered animal species.
Microsoft will donate $10,000 to the animal charity voted for by the game's players when each challenge has been completed, Eurogamer reports.
Rhino Rescue, Komodo Survival Program and the Tiger Species Survival Program are in the running to be the focus of the first community challenge, with voting to conclude on December 31.
Developed by Frontier Developments and published by Microsoft Studios, Zoo Tycoon was released for Xbox One and Xbox 360 last month.
The game is a reboot of Blue Fang Games' popular business simulation, which debuted on PC back in 2001.
Players can vote which community challenge they would like to take part in via the game's community page.
Watch Digital Spy go hands-on with Zoo Tycoon below:


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Network Computing is part of the Informa Tech Division of Informa PLC
Azul Plans 48-Core Processor For 2007
Azul Systems Inc., to demonstrate it's not a "one-hit wonder," on Monday plans to announce it has produced working versions of its next-generation processor, which will have 48 independent processing cores in a single chip. Azul plans to introduce systems based on the technology next year.
The Vega 2 processor will double the number of cores the company offers in a single-chip design; it now sells a 24-core Vega processor. Vega 2 is being manufactured by chip foundry Taiwan Semiconductor Manufacturing Company, which also manufactures the original Vega processor.
Vega is manufactured using a 130-nanometer process. By moving to a 90-nanometer process for Vega 2, Azul will be able to double the number of processing cores without significantly increasing the size of the chip, which has 812 million transistors.
Clock rate and power dissipation specifications for the chip won't be released until next year. But Scott Sellers, a co-founder and VP of hardware engineering, says the new processor will provide an improvement in performance-per-watt over the existing Vega.
"As customers invest in our technology and migrate to our platforms they want to see that we are not one-hit wonders, and that there is a strong road map," Sellers says.
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SECAUCUS, NJ — Panasonic recently announced it second annual “Shoot It. Share It” online video competition for users of its AG-AF100 large image HD cinema camera. From February 6th through March 7th, the company is accepting video entries from AF100 users, who will be entered to win an assortment of gear.
Visitors to www.ShootItShareIt.com can submit up to five videos (each up to five minutes in length) in six categories: nature, short film, commercial, music video, documentary or student. The idea is to showcase their creative work using the AF100. A grand prize package consisting of a Panasonic 42-inch TH-42BT300U pro plasma reference monitor plus a Vocas Micro Four Thirds to Prime Lens Adapter (valued at more than $5,000), will be awarded to the contest winner. A Vocas Matte Box and Rail system will be awarded to each of the category winners.
From March 12th through April 4th, the public can choose among 18 semi-finalists (three per category) and vote online for the first-place winner in each category. A panel of judges will select the grand prize winner.
Winners will be announced during the NAB 2012 show in Las Vegas this April, as well as on the contest Website.


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Multiple students are reacting to Magic Notes, calling the AI learning tool a "game changer", with one of the users admitting that "this is true, it works so well".
The US EV sales growing but continue to lack behind Europe, with Europe claiming 21 per cent of the market sector and the US only nine per cent.
Vehicle Conversion may be half as expensive as buying a new model, but there are a number of drawbacks for drivers seeking cheap electric cars.
Friend, mentor, lover. Replika is a place where some of the most vulnerable people in society come to talk about their life with an AI companion.
UK-India free trade agreement may 'boost' the growing number of Indian-owned companies in the UK, but question marks remain on Britain's post-Brexit position.
Figures show UK workers are working less than in the past but are feeling more burnout, with the effects of Covid-19 and mobile smartphones being prime culprits.
Despite a rise in remote working, results show that workers recognise the importance of working in the office, with 43 per cent saying it helped productivity and creativity.
Driver fatigue is a major cause of accidents, but there are concerns about how the new AI technology to monitor fleet drivers will be used in the coming future.
Making the failure to prevent fraud a criminal offence is welcomed as a landmark in fighting financial crime, yet essential work remains on the UK government's to-do list.
Global security is a top priority for IT managers. However, the UK and the US have highlighted a strong focus on the development of AI and the metaverse.
A leading cyber security expert has raised concerns that regulations will not be enough to deal with the serious risks posed by AI.
The increasing importance of data analysis is changing the priorities of finance teams, with 81 per cent of senior decision-makers saying they needed access to better quality data to support the running of their finance function.
The UK government's review of the divorce laws on financial assets has been criticised for not considering the rights of cohabiting couples who might have "sacrificed" themselves financially by primarily taking care of their children.
The Silicon Valley Bank collapse proved how important it is for tech start-ups to have measures in place to manage their financial risks, with Charles Fletcher, Partner at Michon De Raya, advising businesses on how they could accomplish this.
After Silicon Valley Bank collapsed, the failure of regulatory action to stop declines in bank stocks prompted alarm on both sides of the Atlantic.
Fraud reports increased by 6.5 per cent year-on-year overall, with online shopping and auctions fraud seeing the biggest increase.


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Ski-masked robber threatens cashier, customers at Dollar General store in West El Paso
A man in a ski mask threatened a cashier and customers during a robbery of a Dollar General store in West El Paso last month.
The unsolved case is featured as this week's "Crime Spot" by Crime Stoppers of El Paso.
The robbery occurred at about 8:30 p.m. Feb. 8 at Dollar General, 135 S. Mesa Hills Drive near North Mesa Street, Crime Stoppers said.
Crime Stoppers said that a man walked into the store wearing a black ski mask, threatened a clerk and said he had a handgun. The robber demanded money from the cash register.
During the robbery, two customers walked into the store and the robber ordered them to stay by the door, Crime Stoppers said.
The robber left in a light-colored sport utility vehicle that appeared to be waiting for him and, according to witnesses, possibly was driven by a woman, Crime Stoppers said.
The vehicle was described as a two-tone Ford Expedition with aftermarket rims.
Police said that the robber was described as a Hispanic man, about 5 feet 6 inches tall, with a thin build, long brown hair and brown eyes. He was wearing a black sweater and bluejeans.
Anyone with information on the robbers may anonymously call Crime Stoppers of El Paso at 566-8477 or submit a tip online at crimestoppersofelpaso.org.
Daniel Borunda may be reached at 546-6102; dborunda@elpasotimes; @BorundaDaniel on Twitter.


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We’d like to offer a rare behind-the-scenes account of two great companies working together to get much needed supplies to victims of hurricane Harvey.
Labor Day weekend here in Ohio was mostly pleasant — cool and breezy with overcast and a few short sprinkles. Unfortunately, the people in Houston had experienced a totally different story.
The people of Houston and surrounding areas are still trying to recover from the devastation of hurricane Harvey.
The flooding from the storm washed people out of their homes, destroying many. Power was out in many places, a chemical plant exploded, gas pipelines were shut down, roads closed all over the state, and sewage water filled homes. Sadly, some people lost their lives as well.
A commonality between everyone in the affected areas — they needed the staples: Tons of bottled water, medical supplies, baby food, batteries, fuel, and more.
One of the largest retail chains in Texas had all these items, but they were dealing with flooding in their locations in and around Houston as well. By late Friday, a few locations were attempting to reopen to be able to offer the much needed staples to the residents of Texas.
A problem of propane
However, there was a simple but very real problem — employees couldn’t stock the shelves efficiently because they didn’t have enough propane to run the forklifts to carry the supplies.
So, the retailer called Zephyr early Saturday morning, asking to find a way to get propane to restock their supplies.
Zephyr had the propane available, but there were a few roadblocks:
1. Zephyr is closed on Saturday, as are most of our delivery agents
2. Many of the roads around the Houston area were closed or flooded
3. Zephyr’s distributors in the area were closed or under water themselves
But the retail executives in the head office were in a pinch, to put it lightly. We realized, we had to find a way to be able to get propane and carry the supplies out for the Texas residents.
All hands on deck
We made some calls, first to our own employees, all of whom were off on this Saturday morning. Some were preparing for holiday parties with family and friends, others were working part-time weekend jobs. Our people were fully free to decline, but the Zephyr team stepped up anyways.
Our incredible staff dropped everything and came into the offices Saturday morning, some still in their uniforms from their weekend gigs, others finding last second babysitters to watch their children.
With the staff in, everyone scrambled to make calls to our distributors. With many closed for the weekend, the Zephyr staff called personal cell phones.
Some of our distributors explained that they were under water. Others were isolated by flooded roads. Some had trucks on the road that would have to be re-routed around the flooding.
These incredible people worked through the weekend, day and night, to find solutions with the Zephyr staff. The retailer’s staff, both at the executive level and on the ground, were incredibly gracious even when the news wasn’t good.
In the end, the staff at Zephyr, our distributors, and the retailer’s teams all worked together throughout the holiday weekend and by Monday, Labor Day, ALL of the chain’s locations received their much needed shipments of propane.
The stores were able to restock and get supplies to the people that needed them.
I would personally like to say the following to my team and our distributors:
Today was one of those days I was especially proud to be associated with co-workers who are willing to do what it takes to help (without complaint), as well as the corporate buyers and the executives that are motivated first by compassion. I was touched by the store managers in the affected regions who are dealing with a million problems but still take a moment amidst all the chaos to send an e-mail to our Zephyr team that says “Thank you!” I’m also especially proud and impressed with the corporate folks, to the people in stores who stayed in communication through all hours of the day and night from that Friday at 5:30PM through Labor Day. And thank you to our amazing independent suppliers that care so much! Special shout out to Root 66! Thank you all — you make me so proud to be associated with you. Hang in their Houston (and now Florida too), we’re all thinking about you.


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It’s no secret that the auto industry is struggling during the recession, but in order to help make itself more visible to those still looking to buy vehicles, one Massachusetts car dealer is turning to search engine optimization (SEO).
Stoneham Ford, an auto dealer in the Boston area teamed with to The Pasch Consulting Group (PCG) to create an online marketing and search engine optimization (SEO) strategy for the company which it says will create a Google search compliant page for every Ford vehicle available at the dealer.
PCG says that through the use of a WordPress microsite, it will help the auto dealer reach the number one listing for specific keywords and give Stoneham Ford a leg up over other dealers in the region.
The auto industry is just one of a number of sectors turning to search engine optimization as a way of increasing traffic as the online landscape becomes more crowded.
Recently a number of Holiday Inn hotels have turned to search engine optimization (SEO) to increase traffic among tourists and in a recent piece for OhMyGov.com, Alex Pinto says .gov sites should incorporate SEO and engaging content to increase visits.


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Chasing China: How China is Shaping the Future of Social Commerce
In order to find out exactly where social shopping is heading, we must look to China, where e-commerce is predicted to account for more than 50% of their retail sales this year - a global historic first. China has already experienced a flip in the market of commerce from bricks and mortar stores to e-commerce, with social commerce being one of the biggest contributors to this change. But why is China so far ahead? Read our blog post to find out more.


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In a challenging year for car companies across the globe, Honda Motor saw revenues decline more than 4% and profits slump by almost a quarter. The Japanese automaker's core "model mix" of most lower-margin makes was partly to blame. Elsewhere, elevated recall-related costs (faulty airbags) plus higher rebate costs and unfavorable exchange rates hurt the company's bottom line. Honda had been forecasting a better outlook for this year, but that was before the pandemic hit. Now all bets are off. In May, the company reported its lowest operating profit in four years and declined to provide an outlook for the rest of the year.
Zhang Chang—China News Service/Getty Images
Lists ranking Honda Motor
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Google Lower Search Rating for Pirated Content
Google says it has made adjustments to its search formulas to give the higher priority on legal content. While the content ratings contains piracy complaint will drop. “Starting next week, we will begin to calculate new sign in our ranking that is the amount of valid copyright notice that we received from sites,” said Senior Vice President of Engineering Google, Amit Singhal in a blog post. Changes in the rating is expected to help users find the source of quality content more easily. Thus was launched, Businesss Line, Saturday (08/11/2012). There are more than 200 signal or sign inserted into the Google search engine algorithm to do that. Google also said it has received more notification about the abolition of copyright, approximately 4.3 million in the last month. “The site has a lot of complaints about copyright would seem to be lower in our search results,” he added.Read More on http://www.technonewspaper.com Related Posts Google Test Paid Search Service
Google Search Upgrade Semantics Ability
Google’s surprise, Type ‘Zerg Rush’ in its search engine
Facebook Create a Search Engine?
Crysis 2, Most Many hijacked Game in 2011
2/2 Powered by TCPDF (www.tcpdf.org)


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THE EDITOR, Sir:
In reference to "Increased demand for coffee, but production shrinks", published in the Financial Gleaner on Friday, September 20, 2013, coffee is trading very high on Wall Street while farmers get pittance for their crops. The Jamaican Government must do more to assist farmers cope with diseases that are affecting their crops.
As a young man growing up, coffee was considered a cash crop. Farmers could look forward to harvesting and selling their crops. Today's young people do not know how to appreciate the hard work farmers (men and women) put in everyday to make ends meet.
The future for Jamaican coffee is very bright. I would suggest that the Government assist by growing and distributing coffee plants from locally grown government nurseries. Assistance is also needed with islandwide disease eradication.


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Online retailing is proving a major demand driver for logistics space with developer and fund manager Charter Hall closing a, significantly oversubscribed, $725 million capital raising.
Record infrastructure spending on road and rail, combined with rising e-commerce and companies seeking supply chain efficiencies through new highly automated facilities has peaked demand for logistics premises particularly in Sydney, Melbourne and Brisbane.
Many domestic institutions are currently looking to remix their portfolios in an attempt to reduce exposure to anaemic retail property as the growing demand for e-commerce facilities continues to be bolster the industrial sector.
Following the entry of Amazon to Australia last year key property holdings landlords have turned their attention the growth in demand for logistics facilities.
Domestic institutions have now committed to Charter Hall's Prime Industrial Fund (CPIF) in droves underpinned by a substantial weighted average lease expiry of 10 years, strong weighted average annual rental reviews of three per cent and resilient tenant covenants with 93 per cent leased.
The capital raising, which gives the $3.9 billion fund with target gearing of 30 per cent the capacity to grow to more than $5 billion in size, shows a sector steadily buoyed by investors looking for better returns in a global environment of low interest rates.
Charter Hall managing director David Harrison noted that with global bond yields remaining at multi-year lows, investment conditions were favourable for real assets and capital was continuing to be deployed into the Australian industrial property market.
“Global investment conditions remain very favourable for the Australian commercial property market, which is competitive for high quality long leased investment assets.
“We are seeing continued demand from investors who are seeking investment managers who have a proven strong track record and origination capability to provide access to high quality core real estate, particularly in the industrial and logistics space.”
Led by David Harrison, Charter Hall's industrial development pipeline is expected to deliver over 650,000sq m of new core logistics facilities with an anticipated value on completion of $1.2 billion.
The fund manager has also acquired high-profile locations such as the Metcash regional distribution centre in Brisbane, the Coca-Cola production facility in Perth and Bombardier’s Australian headquarters in Melbourne.
In a recent high-profile move, GPT signalled an intention to shift its investment focus into logistics while reducing its overall exposure to the softening retail sector.
Earlier this year, GPT recently swooped on a group of three Sydney facilities being divested by AMP Capital for as much as $120 million.
Those properties had made one half of a six-asset portfolio acquired from JPMorgan in 2016 for $250 million for the AMP Capital Diversified Property Fund, on a yield of about 6.5 per cent.


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Arkema reported second-quarter net income up 60%, to €60 million, on sales up 1%, to €1.5 billion. Ebitda rose 5%, to €158 million. Sales rose mostly because of higher selling prices in the industrial...
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chemweek.com is the one stop platform for chemical news, data and analysis across all industry sectors and geographies.


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By Dave Crook
We all know subscription-based companies like Amazon, Netflix and Dollar Shave Club have seen monumental success, but what happens when a bank attempts to follow this type of business model? Heritage Bank, based in Olympia, Wash., has listened to its customers’ call for this type of value, and in return has lifted its service charge income by 28 percent.
“The consumers are driving the change,” said Cindy Huntley, executive vice president, director of retail banking at Heritage Bank. “They have certain expectations from any service provider and expect their bank to deliver the same type of value.”
In late 2016, Huntley and her team set out to reinvent their checking account lineup to be more relevant and provide better value for their customers, and following the model of a subscription service, deliver a packaged product to their customer base.
“We did a lot of research on what the consumer was looking for and what was driving their decision,” said Huntley. “We found that if people are willing to pay for Netflix, Amazon, Sam’s Club, Hulu, the list goes on and on, then they’re certainly willing to pay for value in their bank accounts.”
A Fee-Based Value Account Beats Free
A recent study from Cornerstone Advisors reveals consumers’ interest in an Amazon Prime-type of checking account. Nearly half of 30-something millennials said they would pay $5-10 a month for an Amazon checking account including cell phone protection, ID theft protection, roadside assistance, travel insurance and product discounts. When asked about a free checking account from Amazon without bundled services, interest was lower among all age groups (millennials, Gen Xers and boomers).
According to the research, almost 60 percent of people would at least consider switching accounts if their primary financial institution offered this same type of checking account. Plus, more people in fee-based accounts are referring their bank or credit union than those in free accounts.
Seventy-three percent of 30-somethings say they would definitely switch or would consider switching accounts if a financial institution offered a checking account with those valuable services. Sixty-four percent of 20-somethings said the same.
Heritage Bank’s Response
For Heritage Bank, this research backs up its decision to partner with StrategyCorps to streamline its checking accounts and offer value-added benefits, including local and online discounts, cell phone protection, roadside assistance and identity theft aid.
“These are all relevant and valuable services that people purchase outside of the bank today,” said Huntley. “We felt that if we could offer this as part of their checking account, for much less than they’re paying now, that would be a really great thing to do.”
The bank had 17 different checking accounts as a result of mergers and acquisitions over the last five years, and free checking was their most highlighted account.
“We didn’t have a lot of opportunity to earn monthly service charge income on our checking accounts,” said Huntley. “Most of what we offered was free in hopes to stay competitive, but actually we were just like everyone else offering free checking.”
The bank migrated customers into three accounts: Summit Checking, including benefits and interest, Ascent Checking with benefits, and Base Checking.
“Of course we had some concern over people not responding to the change, but overall customers were thrilled with the benefits,” said Teresa Dean, senior vice president, retail sales manager.
The bank retained 77 percent of customers and 93 percent of balances.
“It hurts to see any customers leave, but we understand that some people don’t want to deal with any sort of change,” said Dean. “Our average balance is higher per household, and at 28 percent we’ve also seen a nice increase in fee income.”
Heritage Bank’s journey, plus the research that shows how customers’ buying preferences are changing, can influence more financial institutions to evolve their selling strategies and inspire banks to provide better value to customers.
“It’s really a win-win,” said Huntley. “It’s the opportunity for the bank to earn fee income, and it’s an opportunity for the consumers to have a really valuable, all-in-one account relationship with your bank.”
Dave Crook is the managing partner at StrategyCorps, a Nashville-based company that works with financial institutions nationwide to deliver mobile and online consumer checking solutions that enhance customer engagement and increase fee income. For more information, visit www.strategycorps.com.


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Facebook commerce platform Payvment launched its first major initiative since the resignation of CEO Christian Taylor last month, announcing the beta release of product discovery destination Lish.com.
If you’ve seen even just one event of the Summer Olympic Games in London, you’ve probably noticed that these are the most social Olympics ever. A China-based athletic apparel company, Li-Ning, is contributing to this effort. Using social platform UNation, Li-Ning is giving fans an inside pass to London by having them connect with athletes such as American triple-jumper Christian Taylor and Jamaican sprinter Asafa Powell on Facebook and other modes of social media.
Payvment has been one of Facebook’s most prominent e-commerce solutions, led by CEO Christian Taylor. However, Taylor told TechCrunch Tuesday that he’s stepping down from his post, but will remain active within the company as a member of its board of directors.


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Greeley meat packing outbreak isn't a Colorado issue, 'it's a national phenomenon.'
A Greeley beef plant’s coronavirus outbreak has resulted in 102 COVID-19 cases among its employees, four deaths and one county public health order as of Thursday afternoon.
But the plant — one of nine JBS beef production facilities across the U.S. and Canada — is not alone.
“This isn’t a Colorado issue, it’s a national phenomenon and it’s occurring across the food industry,” said Keith Belk, head of Colorado State University’s animal sciences department and the former director of its Center for Meat Safety and Quality.
“There’s plants shutting down as a consequence of exposure to (coronavirus), from the West Coast to the East Coast,” Belk said.
Following positive COVID-19 tests among workers, companies like Tyson, Cargill and Smithfield Foods have temporarily shut down operations at a handful of their respective meat production plants across the country. Smithfield's Sioux Falls, South Dakota plant is now the source of the nation largest outbreak, according to tracking by the New York Times.
Other plants are running fewer shifts or have slowed production, while some haven’t seen any impact, according to the Northern American Meat Institute, a meat packing and processing trade association of which JBS is a member.
JBS partially shut down operations at its beef production plant in Souderton, Pennsylvania, late last month over workers displaying “flu-like symptoms.”
On April 10, just more than two weeks after the first reported COVID-19 cases among the company’s Greeley plant employees, Weld County issued a public health order to JBS.
The order required the Greeley plant to close immediately through April 15 — giving it time to clean the facility, set up testing protocol for its employees and get a handle on the deadly outbreak. On April 13, JBS announced the facility would not reopen until April 24.
CORONAVIRUS:Outbreaks in Larimer, Weld lead to 242 confirmed cases, 28 confirmed deaths
“The most important thing is that all the companies experiencing this situation are doing a good job of putting employee health first,” Belk said.
“What we’re doing in Colorado is extremely important because it could serve as a model for how it’s being handling in other locations,” he added.
JBS did not answer the Coloradoan’s questions over email this week. Instead, a representative directed the Coloradoan to an April 13 press release announcing the plant’s temporary closure.
On Wednesday, a funeral was held for Saul Sanchez, the first of four JBS Greeley plant workers to die of complications from COVID-19. The great-grandfather, 78, had just celebrated 30 years at JBS, according to his obituary in the Greeley Tribune.
Days after Sanchez’s death, 60-year-old Eduardo Conchas de la Cruz became the facility’s second employee to die from complications of COVID-19.
Following Conchas de la Cruz’s death, Kim Cordova of United Food and Commercial Workers Local 7 — the union that represents about 3,000 of JBS’ Greeley employees — urged the plant to shut down for at least a week to handle the outbreak, outlined in a letter sent to Gov. Jared Polis, the Weld County health department and JBS.
At the time, just more than 50 JBS workers had tested positive for COVID-19, according to Cordova’s letter. On Wednesday, the Colorado Department of Public Health and Environment released data that showed 102 JBS employees in Greeley had tested positive for COVID-19 and four had died.
Calling the situation at the Greeley facility “intolerable,” Cordova said its union members and workers also wanted proper masks, face shields, gloves and regular deep cleanings throughout the plant, among other demands.
“We fully understand the seriousness of a plant closure and its economic impact,” Cordova wrote. “However, safety must take precedence over profits.”
JBS is one of the largest employers in Weld County. Though a company press release lists 6,000 employees throughout the county, its website says that more than 4,000 are split throughout its Greeley production plant, its Greeley corporate headquarters and its Greeley transportation arm.
The JBS Greeley beef plant processes brands like Certified Angus Beef, Swift Angus Beef and more, with its products sent across the U.S. and to more than 20 different countries, the website states.
The Spanish flu in Fort Collins:Before coronavirus, Colorado battled the 'mother of all pandemics'
While the U.S. Food and Drug Administration says there’s currently no evidence of food or food packaging being associated with the transmission of COVID-19 — assuaging concerns over food safety — plants shutting down across the country could cause an interruption in the supply chain and potential retail shortages.
“Secondly, you’d have agricultural products backing up in the system,” Belk said, referencing perishable, biological agricultural products that might not get processed if plants close or reduce production.
“Once that begins to back up, you encounter all sorts of unintended consequences,” he added.
Colorado has “a lot of inventory already” and is in good shape from a supply chain perspective, Berlik said.
“Any plant that shuts down nationwide for a couple weeks — if it’s to deep clean and address the health of employees before reopening — I don’t see that causing huge shocks to the system,” Berlik added.
“If we were to get into a scenario where the facilities have to be closed longer than that and you have a number around the country closed simultaneously, that could lead to a problem.”
The North American Meat Institute, or NAMI, said the current situation facing the meat packing and processing industry “is changing daily.”
“During this pandemic we have overcome challenges to the supply chain, including a run on retail stores as consumers stocked up. Our members ramped up production and met this challenge,” according to a NAMI statement sent to the Coloradoan on Tuesday.
“When we needed to change production away from food service production to meet retail demand, we did it,” the statement continued. “Our members are tackling COVID 19 one day at a time, relying on science and CDC guidelines to protect employees and continue producing food.”
Editor's note: As the coronavirus outbreak continues to evolve, we don’t want you to panic. In fact, quite the opposite. That’s why the Coloradoan is committed to providing you with accurate, up-to-date information so you can make informed decisions on issues affecting you and the people you love. As such, this story, and many others, are being provided free for all to read. Help us continue this important work by subscribing to the Coloradoan.
Erin Udell reports on news, culture, history and more for the Coloradoan. Contact her at email@example.com. The only way she can keep doing what she does is with your support. If you subscribe, thank you. If not, sign up for a subscription to the Coloradoan today.


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Caterpillar Inc. (NYSE:CAT), the world’s largest manufacturer of construction and mining equipment, reported record earnings in 2012. Its stock has fallen over 12% since Feb. 1 on economic worries and disappointing sales numbers. I believe the selling is overdone and Caterpillar Inc. (NYSE:CAT) is about to rise over 10%.
The decline in February began after news that U.S. productivity declined 2% in December. Caterpillar relies on economic growth to build demand for its products. The stock continued to fall even after sales for the three months ended in February were announced.
The dismal statistics were:
Global sales decreased 13%
North American sales decreased 12%
Asia/Pacific sales decreased 26%
Europe/Africa/Middle East sales decreased 9%
Latin American sales increased 3%
A record year
2012 was an incredible year for Caterpillar:
Revenues increased 10% to approximately $65.9 billion
Profit per share increased 15% to $8.84
Increased its dividend for the 19th consecutive year
There are several positives for the mining industry going forward:
Imports of seaborne thermal coal are expected to increase steadily throughout Asia and Europe
Global steel production is expected to continue to rise in 2013, which means there will be a higher demand for metallurgical coal and iron ore
The global demand for copper is expected to grow, mainly due to China’s improving economy
All of these factors will push sales higher over the next several years and eventually to another record year. China held mining back in 2012, but this does not seem to be a continuing theme for 2013 and 2014. Europe is still having issues, but I believe this is the bottom, so it will all be easier treading from here.
Through 2015, Caterpillar Inc. (NYSE:CAT) is expected to grow earnings 25.2%. This is not the greatest rate for a three-year span, but it’s the expectation with the current economic climate factored in. Caterpillar has exceeded analyst estimates in five of the last six quarters, so you cannot take these numbers as 100% accurate. I believe Europe’s economy has bottomed and China’s will continue its rebound, causing major demand in the mining industry.


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Today, thousands of fast food workers
went on strikefor higher wages.
The strike has been touted by organisers as the industry’s largest in history. The workers are seeking wages of $US15 an hour.
But despite demonstrations in 58 cities, the strikes appeared to do little to rattle the industry today.
Judging by dozens of tweets and photos about the event, most protesters were outside. This left customers free to order inside.
While restaurants in some places temporarily shut down because they had too few employees, many targeted restaurants operated under normal conditions, according to the Associated Press.
In New York, things appeared to business as usual. The AP wrote:
In New York, City Council Speaker Christine Quinn joined about 300 to 400 workers and supporters Thursday in a march before the group flooded into a McDonald’s near the Empire State Building. Shortly after the demonstration, however, the restaurant seemed to be operating normally, and a few customers said they hadn’t heard of the movement. The same was true at a McDonald’s a few blocks away.
The AP noted that since the organisers had made their plans public in an effort to get workers to participate in the strike, managers had time to adjust their staffing levels prior to today’s events.
Despite the relatively low impact of the strikes, a protesting worker interviewed by Business Insider said he wasn’t deterred.
“It’s something I’m doing for my coworkers and out of respect for myself,” Nick Williams, a 28-year-old McDonald’s worker from Indianapolis, said. “My voice will be heard no matter what.”
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Vodafone bosses get £11m bonuses
VODAFONE directors awarded themselves another £11m in bonuses last night - just hours after facing down private shareholder outrage over boardroom windfalls.
The awards, announced after the City had gone home, add to the huge piles of wealth accumulated by directors at the mobile phone group while the shares tumble.
New chief executive Arun Sarin was conditionally awarded £2.4m in shares, and 7.1m options worth more than £1.4m.
Operations director Julian Horn-Smith, finance director Ken Hydon and executives Peter Bamford and Thomas Geitner also took their share.
The company says the awards will depend on future share price and earnings performance over the next three years.
Earlier, the board faced an angry annual meeting. 'It seems to me that we are the risk-takers and you are the money-takers,' said one investor, attacking boardroom bonuses and 'pensions to die for'.
He wondered why, despite a 70% share slump in five years, the directors seemed 'almost euphoric'. Now he knows. Other investors accused the board of 'playing with the corporate train set' and called on directors to resign.
Investors targeted non-executive Luc Vandevelde, the former Marks & Spencer boss, who heads the pay committee.
The Daily Mail has valued the options from prices at LIFFE, the derivatives market. Options offer directors a one-way bet. They profit if the shares rise, but lose nothing except the options if they fall.
The current low share price means directors get the options cheaply. Vodafone shares, which I hold, edged up 2 3/4p to 116 3/4p following mixed results yesterday. Last year, directors collected £13.5m, including £3.2m for Sarin alone. That doesn't include long-term incentives. Yet the shares have badly lagged rivals and the market.
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Two days ago, Microsoft released a new Windows 10 20H1 preview build that contained a couple of hidden features, including a new Cortana Beta app. Once enabled, the app still appears next to Windows Search in the taskbar, but it comes with a revamped design and the same conversational UI that is already available on iOS and Android.
Here's the new Cortana app in action. Very reminiscent of current mobile experiences. pic.twitter.com/2wX7oLXVuX
— Albacore (@thebookisclosed) June 19, 2019
This hidden Cortana Beta app was first discovered by Twitter user Albacore, but Rudy Huyn, the former prolific Windows Phone developer has since revealed more secrets about the new client. According to Huyn, this new Cortana app is a full UWP app that could work on other platforms where UWP apps can already run. However, it appears that the app does rely on a separate Win32 process that can work in the background, as do other UWP apps such as Dropbox (Rudy Huyn had a big role in the development of the Dropbox UWP app, FYI).
The confusion comes from a second process named win32Bridge.Server. If you aren't aware, a full-UWP app can run a secondary win32 process in background to get access to more API (Only when running in desktop). Article from @StefanWickDev here: https://t.co/BFOYUeC7I1
— Rudy Huyn (@RudyHuyn) June 21, 2019
In the same Twitter thread, Huyn also added that Cortana Beta is actually a Store app, which means that Microsoft will be able to update it at convenience, in a similar way to the Xbox Game Bar on Windows 10. The existing Cortana didn’t always require a full new Windows 10 build to get new features, as Microsoft has been able to do some server side changes over the years. However, this new Cortana Beta app, which the company has yet to officially announce, could be updated much more frequently.
The Windows 10 May 2019 Update (19H1) finally separated Cortana from Windows Search, it seems that Cortana could finally get some love with the 20H1 Update. The digital assistant has been pretty much stagnating in recent years, and Microsoft can’t really afford to rest on its laurels now that Alexa is available for everyone in the Microsoft Store.


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Argentinean meat is one of the main items in the list of exports from the South American country to the Russian Federation, which in 2013 reached 2,583,000,000 USD, satisfying both parties.
Argentinean meat is one of the main items in the list of exports from the South American country to the Russian Federation, which in 2013 reached 2,583,000,000 USD, satisfying both parties. Buenos Aires and Moscow both wish to increase the trading cooperation.
The news was given recently by the Argentina-Russia Chamber of Commerce, including a detailed analysis of bilateral trade, built from export and customs data from Argentina.
The Chamber highlighted the growth in commercial exchanges, which passed from almost two billion USD in 2012 (1,989,000,000) to over two billion (2,583,000,000) in 2013, an increase of around 30 per cent year-on-year.
The main products sold by Argentina to Russia were fresh fruit, citrus fruits, meat and meat derivatives, dairy products and subproducts, manioc and dried fruits and nuts, also juices, alcoholic drinks, in which wine was the main component. Russian exports to Argentina included mainly components for nuclear reactors, vehicles, pharmaceutical products and technological products
Translated from the Portuguese version
By Olga Santos
American Presidents, Vice-Presidents, Secretaries of State, Defense Secretaries, White House staff, and many Senators and Congressmen display many or most of the traits of criminal psychopaths and mass murderers


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Thomas Cook targets Chinese tourists as it strikes joint venture with China's ClubMed owner Fosun
Thomas Cook looks set to tap into the growing demand for holidays by Chinese tourists after it today announced a joint venture with China’s ClubMed owner Fosun.
The venture, in which Fosun will owe a 51 per cent stake and Thomas Cook the remaining 49 per cent stake, will see domestic, inbound and outbound holidays sold to the expanding wealthy Chinese middle-class.
The announcement comes just months after Fosun, which is led by the ‘Warren Buffet of China’ Guo Guangchang, bought a 5 per cent stake in Thomas Cook for £91.8million.
New departure: Thomas Cook and Fosun joint venture will sell holidays to the expanding Chinese middle-class
‘The joint venture will combine Thomas Cook's brand heritage, know-how and expertise in international travel with Fosun's in-depth local market knowledge and operational resources, enabling Thomas Cook to benefit from direct exposure to China's growing demand for leisure travel,’ Thomas Cook said in a statement.
Thomas Cook and Fosun said they would initially put up a combined £1.56million to help start the joint venture, which is expected to begin operating in the autumn. Shares in Thomas Cook were 0.95p higher at 139.85p at lunchtime.
Thomas Cook chief executive Peter Fankhauser said: ‘Today marks a significant milestone in our strategic partnership with Fosun.
‘We are excited at the prospects of entering the largest and fastest-growing tourism market in the world with such an experienced partner.’
The firm has been embroiled in controversy recently over how it dealt with the parents of Bobby and Christi Shepherd, the two children who died of carbon monoxide poisoning while on a Thomas Cook holiday in Corfu nine years ago.
Manny Fontenla-Novoa was chief executive at the time, until 2011, and questions have been raised about payments made to him.
Shareholder groups have also called on Thomas Cook to review the £11million payout to former chief executive Harriet Green, who left abruptly in November, as she could collect more than 7 million shares.
In May an inquest jury ruled that the children had been unlawfully killed and concluded that Thomas Cook breached its duty of care to the family.
Fosun was founded in 1992 and is led by Guo Guangchang, whose fortune is estimated to be worth £2.8billion.
Qian Jiannong, president of Fosun's tourism & commercial group, said: ‘Today, there is a lack of innovation and differentiation in the travel product offerings for Chinese tourists in China and abroad, presenting an excellent opportunity for our new joint venture to gain a competitive advantage.’
The joint venture will be led by Thomas Cook's current managing director of its Eastern and Western European businesses, Reto Wilhelm, who will take up the new position of general manager.
The board of the new joint venture will hold four members, with Thomas Cook and Fosun appointing two members each.
Thomas Cook recently reported a 1.2 per cent rise in sales to £2.74billion for the six months to the end of March. It also said pre-tax losses narrowed to £303million in the six months during the same period, from a £366million loss the previous year.
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