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As gaming continues to shift, extra builders in Japan are beginning indie studios. However that scene continues to be rising out of its infancy with efforts just like the BitSummit exhibit. Now, a brand new indie developer accelerator program referred to as Asobu desires to hurry up the scene’s expansion.
Asobu calls itself an “indie recreation give a boost to group,” and that’s the way it plans to perform. The crowd desires to pool assets and information amongst a big crew of unbiased designers. Asobu additionally desires to facilitate networking, evangelism, consulting, and promotional occasions. It has a co-working house in Tokyo’s Shibuya ward to help with this. It additionally plans to kick off its efforts with its Particular Debut Show off all through the Tokyo Sport Display on September 21 and September 22.
“Making video games isn’t simple,” Asobu cofounder Mark MacDonald mentioned. “However Jap indie devs face distinctive demanding situations — some ancient, some cultural — that experience stored them from knowing their true attainable. Asobu is our try to do something positive about it.”
MacDonald will stay his day activity at Beef up, the place he is helping oversee tasks like Tetris Impact as a industry developer.
Asobu desires to stay Japan within the recreation
The only constant reality about making and promoting video video games is that issues are going to switch. That’s even true in Japan. Extra Jap players than ever are turning to cellular gaming — and this has left creators who need to construct the forms of video games they performed of their early life with fewer choices. You can’t simply move to Konami and make a PlayStation five recreation. Konami is chasing after cellular video games and pachinko now. And plenty of mythical Jap builders like Castlevania fashion designer Koji Igarashi Mega Guy fashion designer Keiji Inafune have became to crowdfunding to proceed making non secular successors to the video games that made them well-known.
In reaction, extra builders are going the indie course — which used to be now not a not unusual selection even a couple of years in the past in Japan. The aforementioned BitSummit has proven that Jap indie creators exist. Asobu may just assist the ones builders move to marketplace whilst coaxing much more indie studios out in their bedrooms.
Asobu turns out like a essential and inevitable resolution for making sure that Japan’s affect on video games doesn’t must wane simply since the nation’s firms are chasing other returns on investments.


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- GameStop shared the financial reports of the second quarter showing a decline in sales.
- The company announced a partnership with FTX as a new strategy.
- The launch of NFT and Web3 gaming helped to establish this partnership.
Gaming Retailer GameStop announced a partnership with United States crypto exchange FTX US, advancing its strategy to increase its presence in the cryptocurrency space.
On Wednesday, GameStop said in a statement that the partnership with FTX will introduce the company’s customers to the FTX ecosystem. The company assured that the partnership would make GameStop FTX’s “preferred retail partner in the United States”.
GameStop had already launched a digital wallet to enable transactions for gamers to buy and sell NFTs in partnership with Ethereum (ETH) Immutable X. In Wednesday’s statement, the retailer added that certain GameStop retail stores will start selling FTX gift cards.
Though the financial terms of the partnership weren’t disclosed, GameStop released the financial reports for the second quarter of the fiscal year 2022, which showed nearly a 4% decline. But soon after the news, it showed a rise of about 12%.
GameStop’s unveiling of the NFT and Web3 gaming division in January and the launch of the NFT marketplace in July contributed significantly to its partnership with FTX. The company CEO Matt Furlong in its Q2 earnings call announced that the partnership focused to yield something “unique”.
The deal we just announced with FTX is a by-product of our commerce and blockchain team, working hand-in-hand together to establish something unique in the retail world.
Furlong added that the partnership would support the company’s long-term pursuit for growth in cryptocurrency, NFT, and Web3 gaming, by which it can reverse the languishing sales in the pandemic years and thus bolster its e-commerce capacity.
Wedbush analyst Michael Patcher commented that the FTX partnership is unlikely to yield meaningful revenue or profit. “But it sounds good, so that’s a positive”. It is to be added that the marketplace would allow gamers to connect their own digital asset wallets.

domain: news


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Liu De, Xiaomi co-founder, vice-president and head of industrial design, admitted at a press conference in Beijing that the company would be releasing its first ever Xiaomi smartwatch. He didn't give a very specific release date but implied that the smartwatch would be released in the second half of 2016. And, that's where the details of the Xiaomi smartwatch end.
We still don't know anything about specs, or even what platform the watch will run. Xiaomi uses Android on its devices, but tends to avoid Google services, so it's unclear if Android Wear will be used. The smartwatch won't be the first wearable as the company already has the Xiaomi Band fitness tracker and a Band 2 expected in a couple weeks.


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Introducing the speakers of the ‘BLACK SEA GRAIN Online’ conference discussion panel, December 8
Join the leaders of the grain and oilseed industry at the international online conference “Black Sea Region. Price Driving Forces 20/21”, which will take place on December 8!
The conference will start with a discussion panel, where leading market experts and operators will share insights on agribusiness transformation in 2020, as well as discuss further development of grain and oilseeds market in the key global regions.
Our speakers will be:
- Swithun Still, Grain Market Expert, Switzerland
- Sergey Feofilov, Director General, UkrAgroConsult, Ukraine
- Nickolay Gorbachov, President, UGA, Ukraine
- James Foulsham, General Manager, Trading & Marketing, AAAX, Australia
- Fabio Meneghin, Analyst and Partner at Agroconsult, Brazil
Watch the video invitation by UkrAgroConsult Director , Sergey Feofilov!
Be reminded that on December 8, UkrAgroConsult will bring together the top agri experts to analyze market developments of the 2020, discuss fundamental factors and key changes, share estimates and forecasts for 2021.
The conference will discuss such hot topics as:
- Grain and oilseed markets in 2021. Demand and crop production prospects
- The global price rally – how long to last?
- Is the era of low prices for Black Sea grains over? The region’s impact on the global commodity pricing
- Pandemic. Crude oil. Currency factors
- Global weather conditions – under-seeding, winter crop outlook
- Poor crops sales and food security
- Australia: a comeback for increased competition?
- Uncertainty in grain supplies from Brazil and the US
We believe that providing the market with high-quality analytical information, as well as effective communication among agribusiness operators will significantly reduce the level of uncertainty in world markets and adapt business strategies to new market realities.
Join us online!
Registration and agenda of the conference are available here
Participation Fee: Eur 100.
Conference language – English.
See you online!
The U.S., corn, soybean crop conditions worsen, USDA reports
Switzerland might become first European nation to ban synthetic pesticides
Monsoon covers two-third of India earlier than usual
Ukraine. Supply and demand balances of oilseeds and oilseed products (June 2021)
Egypt has announced tender for the purchase of wheat
Write to us
Our manager will contact you soon


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I bought Kinect at launch. I’m not going to lie, it’s a bunch of fun – and it keeps my kids from being sedentary when they’re getting video game time. I think the hardware’s fantastic – it’s just the games at the moment don’t really appeal to me – and would likely not draw in many gamers who consider themselves â€œcore.â€
We’ve heard it before, but Microsoft is trumpeting a deluge of core titles for the full-body motion-sensing peripheral.
“There are many [hardcore games] coming,”Â Microsoft’s interactive entertainment senior producer Kevin Unangst told CVG. “This is sort of scratching the surface of what’s happening, but we’ve got Child of Eden here today, we’ve got Twisted Pixel’s Gunstringer… and certainly you’re going to see more.â€
“We’re not even a hundred days since we launched Kinect yet. It was very intentional with Kinect to go out and deliver blockbusters like Kinect Sports and Dance Central – games that resonated with a broader audience.”
One possible reason it’s taking so long for core games to show up, Unangst inferred, isÂ “we’re going to do it in a way that’s organic and natural to the game.” “We did not go out and say, ‘we’re just going to slap Kinect on and put that out there,’ we don’t want a bunch of add-ons – it’s got to make sense in light of the game,” he said. “There’s a whole host of things [for core developers], whether it’s voice control, face recognition and all the tech that Kinect makes possible. Now that we’ve got it in the hands of developers you’re going to see more and more core games. This is just the beginning.”
Honestly? Until I see them for myself, I’m not going to believe it. From the sheer volume of Kinect hacks we’ve seen, there is great potential for the device to deliver more gamer’s games. To be fair to Microsoft, Playstation Move – which is tailored to offer more core games – hasn’t really made much impact with less casual players.
Source : CVG
Last Updated: March 8, 2011


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“General Motors has notified Chevrolet and GMC dealerships to stop the delivery of certain 2021 Chevrolet Silverado HD and GMC Sierra HD pickup trucks,” GM Senior Communications Manager Dan Flores told GM Authority in an emailed statement. “We are investigating a potential quality issue with these vehicles. We have no additional information to share at this time.”
While GM refused to elaborate on the quality issue, a GMC salesperson familiar with the matter told GM Authority the stop-sale order is related to a wire chafing problem that could pose a potential fire hazard.
GM switched to production of the 2022 Chevy Silverado HD and 2022 GMC Sierra HD on July 12th, although a number of 2021 model year trucks remain on dealership lots. So far this stop-sale order applies only to 2021 model year trucks. Production of the Chevy Silverado HD and GMC Sierra HD takes place at the GM Flint Assembly plant in Michigan.
The stop-sale order will be a small setback for GM, as the Silverado HD and Sierra HD are two of its most profitable nameplates. It was already grappling with low inventory levels of its popular pickup models due to the semiconductor chip shortage, which forced it to shut down the Flint Assembly plant for one week in August.
GM has also dealt with staffing shortages at Flint Assembly this year. The automaker held a job fair at the plant in June to help fill 400 vacant positions at the facility, which only resulted in around 200 new hires. A Flint Assembly plant manager later appealed for local job seekers to apply at the Flint plant in an interview with a local news outlet in July.
We’ll provide an update on the stop-sale order as more information becomes available.


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China Mulls Increasing Export Taxes of Precious Rare Earths
By Esther Tanquintic-Misa | May 23, 2014 1:57 PM EST
Two months after a WTO ruling said that China had violated international trade rules regarding its imposed measures on rare earths exports, the country plans to increase the export taxes of its precious metals and minerals this year, 2014
"The Ministry of Industry and Information Technology, State Administration of Taxation and the Ministry of Finance are mulling to adjust the tax on rare earth resources again. The heavier taxes on rare earth producers and a formal document on the new tax rates will probably be released in the second half of this year," the Economic Information Daily under Xinhua News Agency, citing an unidentified source, said on Tuesday.
Rare earths are a group of 17 rare metallic elements highly essential to manufacture many hi-tech goods including consumer electronics, advanced medical equipment and military hardware.
The level of adjustment of the rare earth resources tax would be imposed based on the value of the minerals, rather than on volume, the daily added.
"That shift will mean higher prices at the producer level, which the government hopes will reflect the scarcity of these resources and the environmental costs of their extraction," an authoritative source told the state-backed newspaper.
The source said the plan was primarily meant to boost prices at the producer level, which "will alter the supply-demand balance, undercut the smuggling trade and reduce high inventories of rare earths overseas."
China supplies more than 90 per cent of the world's demand for rare earths. Its reserves account for 23 per cent of the global total.
Prices of rare earths in the global market slumped heavily in 2013, affecting Chinese producers.
Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co Ltd, China's leading rare earth producer, said net profit dropped 71.7 per cent year-on-year to 69.38 million yuan in the first quarter of 2014.
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We all constantly complain about having first world problems but now the biggest ones of the year have been revealed.
If you find it infuriating when a hotel doesn’t have WiFi or hit the roof when your avocado hasn’t reach its ripeness potential, then fear not because according to this list, you’re not alone.
The research was conducted in conjunction with physiologists from Goldsmiths University, who released the data to Dailymail.com.
They asked people in their 20’s what they thought their biggest first world problems were and decided to compare them to what people in their 50’s thought their issues were 20 years ago.
Interestingly, back in 1997, the biggest problem faced by those who took part in the study was that they were in a loving and happy relationship.
They also fretted over having enough money to go on holiday and whether their photo films would come back overexposed.
Check out the top 10 biggest first world problems of 2017 below:
- Delivery companies not giving you a specific time-slot
- Not remembering log-on passwords
- Forgetting your phone at home
- Hotels that don’t provide free WiFi
- .When a video won’t stream and buffers
- When public transport is full and you have to stand
- Running to get on a train and bus and they shut the door right when you get there
- When you leave your umbrella at home and it rains
- Having to get out of a warm bed to turn off your lights
- Empty bottles left in the fridge
Also featured on the list was when avocados weren't ripe (which came in at number 14) and realising you have no milk in the fridge after you've already boiled the kettle came in at numer 19.


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The car rental company Arval has improved its search companies with the implementation of the Hagakure structure of the Japanese warriors by the consultancy Labelium.
With an eye toward improving the efficiency of Arval, a company dedicated to renting vehicles for SMEs, freelancers and large companies, and belonging to the BNP Paribas Group, has optimized its Google Ads campaigns together with the digital marketing consultancy, Labelium.
Simplify and facilitate vehicle searches for users through their advertising campaigns. search With a simpler and more personalized structure for the user, it entailed a series of challenges that both companies had to address. On the one hand, the need to generate more qualified leads, for which it was necessary to customize the results as much as possible according to the user’s search; and, on the other, reduce the optimization time of the campaigns, reducing their number and simplifying the structure.
With these objectives, Labelium decided to bet on the Hagakure method, a Japanese term that represents Yamamoto Tsunetomo’s book and that means “hidden in the leaves”, a technique used by samurai warriors and that, applied to marketing, implies a format of more compact structures avoiding using an excess of keywords and granular structures.
Applied to Google Ads campaigns, simplifying this structure maximizes the amount of data at the campaign level, facilitating the reporting and interpretation of data, optimizes investment by improving results without increasing the budget, and achieves faster learning of Google’s automatic functionalities, also increasing the productivity of the team in charge of the account.
The benefits of the Hagakure method at Arval
In the case of Arval, this simplification made it possible to go from a structure of 20 campaigns to a simpler one with just three. As a result, the company was able to improve campaign review times and simplify keywords using only those that add value to the account.
The use of the Hagakure method in this restructuring thus made it possible to reduce investment and optimize budget. This is how Javier López, Digital Marketing Specialist at Labelium and responsible for the project, explains it, pointing out that “we analyze the history of keywords and campaigns that we had in our account and we decided to go further in customizing the ads, implementing this new Hagakure structure ”.
In this line, the person in charge highlights the enormous benefits obtained thanks to this method since “Not only do we get more personalized results based on the search carried out by the user, but it also reports better results regarding conversion and allows a faster, more flexible and efficient management on our part”.
At the data level, all these benefits have resulted in Arval increasing its click-through rate (CTR) by 24%, and reducing its cost per lead (CPL) by 15%. In addition, the company has also experienced a conversion rate of its ads of up to 8% in just three months since the Hagakure method was launched.
Japanese wisdom is still a winner now in the digital world as well.


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Getting Married? a Coin in the
Machine & a Toilet Paper Dress
Since we’ve borrowed and read Charles Dickens’s Hard Times, we keep seeing signs everywhere. But despite the crisis, people are still getting married, bless their souls, so at least some of us are hopeful things will improve.
Things are already improving (knock on wood) for at least one demographics: gay couples, who’re finally, and ever so slowing, gaining the right to share in the miseries (and benefits) heterosexuals have been abusing for years.
In New York City, for example, some lucky LGBT lovers will get married free of charge on July 30th, in a big, collective ceremony sponsored by Pop Up Chapel. It’ll be a gift for them, to mark the state’s recently approved same-sex legislation.
For everybody else, there’s the AutoWed, a “wedding vending machine that will get you two hitched in minutes for just $1.” Created by British company ConcepShed, possibly with a wink, it became a hit on the Internet, and now orders are coming from all over the world.
It was originally designed for Detroit’s Marvin’s Marvelous Mechanical Museum, but now it may pop up in other cities too, since as we said it before, times are tough, and if you can do it without praising the lord, that may as well be what you really need.
Of course, there’s absolutely no disrespect or cynicism in cutting expenses, even if it’s for your wedding day. After all, it’s a day full of memories that many couples choose to forget. It’s what happens in the years following that fleeting moment that really counts.
It was probably with that in mind that folks at the Cheap Chic Weddings created the Annual Toilet Paper Wedding Dress Contest, which it’s now in its seventh year and has just awarded Sussan Brennan, from Michigan, its $1,000 grand prize.
Participants were allowed to use as much glue, tape, sewing thread and paper as they needed, but it took Ms. Brennan only four rolls to create her beautiful, winning dress.
We’re not sure nor we would ever ask whether she’s about to get married too, or have any plans of wearing her creation. But if she tires from displaying it, we know of at least one shopping item she won’t have to spend her prize money to buy.


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TELEVISION and video production company Candu Media has moved to the newly launched Prime Studios with the goal of collaborating with other firms to help to “revitalise” the industry in Leeds.
Prime Studios is a new media production space which opened in Kirkstall Road earlier this year. Candu Media, which targets the corporate and commercial sectors, was founded by Neil Shand, head of production, and Simon Anderson, business development director, just over two years ago.
The business specialises in shopping and retail television; product and service videos; training and events; and web content and viral campaigns. And it has among its customer base retailer Robert Dyas, Wakefield-based Doll Haircare and products sourcing business Ultimate Products.
Mr Shand is a former production manager for ITV in Yorkshire and in Manchester, who has among his credits Heartbeat, Emmerdale and Countdown, but lost his job when sweeping cuts were made at the broadcaster in 2009. The region’s tradition of producing some of the country’s most successful television shows ended. Today, ITV Yorkshire’s main productions from Leeds are Emmerdale and Calendar.
He said: “The ultimate goal is to revitalise and regenerate the TV and production industry in Leeds and in the region as a whole. The fallout of that was not only to lose those productions but it meant support companies that helped with these programmes were thrown to the wind.”
Being located at Prime Studios means Candu Media can work with other firms using the studios, such as post-production company The Other Planet. “We are all working together”, said Mr Shand. “There are other smaller companies at the site and we all work in synergy with one another to offer a complete service.”
The move to larger premises from its original studio in Ossett also means Candu Media is now poised for future growth – its turnover last year was £50,000 but Mr Shand expects this to quadruple this year. The business was “slightly profitable” last year, with much of any money made being re-invested.
Martin Campbell, a former colleague of Mr Shand’s from ITV Yorkshire, is the behind the launch of Prime Studios – its primary aim is to facilitate broadcast production. Mr Campbell worked as a location manager on Emmerdale and runs his own location catering and production facilities firm Campbell-Wilson.
Mr Shand said: “Our aspiration is to build on the foundations we’ve already made. We are looking to expand more into products, shopping, retail and the commercial sector.” Candu Media is also looking to win business with marketing agencies.
Mr Shand and Mr Anderson, from Ossett, went to primary school together, before being re-introduced in 2009. Mr Anderson has previous experience of running his own business, Lithium Studios, which has amalgamated with Candu Media.


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Samsung wants to make a Note about their new device they will be announcing on August 9th. They do not say in the video but with recent leaks coming out recently it is highly likely they will be unboxing the Note 9.
After the fall out of Cambridge Analytica using Facebook to data mining to contribute to the political campaign of Donald Trump, Facebook has been on the defensive. Mark Zuckerberg has even had to sit down with a Congressional hearing to discuss the unauthorized collection of user information. To gain back (Continue reading.)
A short, sweet and very exciting update! Casey Bloys, HBO president, stated today during a TCA Summer Press Tour that the final season of Game of Thrones will be released in the first half of 2019. *Insert fireworks here* While exciting it is also sad to be the end of (Continue reading.)
Here is the newest television ad for iPhone 8/8 Plus and X showing it flexing muscle for gaming and multitasking. iPhone has in the past few models with the multi-core chips bragged about console quality games. If they could just now come up with a Nintendo Switch style controller/television dock.
Would there be a device you loved so much, even if it risked blowing up, to keep it around? There are Note 7 users even two years past the recall that use them. At the time Note 7 was recalled back for expanding batteries that would cause them to explode (Continue reading.)
Details matter. Packaging matters. Both come together in Microsoft’s new packaging for the new Adaptive Controller. Announced in May, Microsoft created a controller to make gaming available for anyone that wants to play. On the front of the controller it features larger game pads with buttons. Microsoft has customized the (Continue reading.)
An update has come in from Apple reported by 9to5mac to fix the CPU throttling of their new MacBook Pro. From earlier reports when the computer ramps up to export videos for example it did not engage the thermal management system dropping performance. Apple gave 9to5Mac the following comment: “Following (Continue reading.)


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Packard Bell/NEC is to spend #26 million on a plant in Scotland to support its build to order strategy.
The PC maker announced today that it will create 825 jobs by 2002 in the three-phase development of the facility in Livingston.
It already relies heavily in its US home on building customised PCs to individual client's specifications, in order to cut inventory and take on direct vendors using this model, such as Dell.
Now it will expand this approach in Europe from its new plant, aiming to double its European PC production within four years. It will start manufacturing commercial desktop models this year, followed by notebooks, consumer machines and other ranges.
The factory will primarily serve the NEC Direct sales and marketing operation, established in France last September and in the UK early this year to take on Dell in the business sector.
The government's Scottish Office and the Scottish Enterprise business development agency both lobbied hard to win the factory against competition from other countries, thought to have included Ireland and Germany.
Michael Fromont, vice president international at Packard Bell/NEC, said today: "We chose Scotland because of the skilled labour pool, business infrastructure, including a comprehensive network of suppliers, transport links and our key interest in the UK PC market."
Phase one of the project will kick off manufacturing of business PCs from the company's existing building in Livingston, although about 120 extra staff will be employed. Phases two and three will build the new factory, creating another 150 jobs next year, 180 in 2000, 150 in 2001 and 225 in 2002.
In August, the company will move its professional division, which offers services to business customers, and its NEC Direct UK business to the plant, followed by other business groups in 1999.
The other main European factory, in Angers, France, will continue to focus on volume manufacturing rather than build to order.
Sophisticated mobile malware campaign could help hackers gain access to users' iPhones, warns McAfee
iPhone users tricked into installing open-source mobile device management software
Sailed through the uphill climb with a maximum speed of 75 mph
'Space sails' based on photonic materials funded by NASA's Innovative Advanced Concepts programme
HP Z Workstations include small form-factor Z2 Mini G4 with Nvidia Quadro or AMD Radeon Pro GPUs


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S h a r e
Manufacturers announce diesel scrappage schemes
Up to 10 motor manufacturers have launched scrappage schemes for older diesel cars in a bid to remove more polluting vehicles from UK roads. The schemes typically offer significant discounts from the price of new cars if older Euro IV diesel cars are traded in against them.
Ford was the first manufacturer to break cover and announce its diesel scrappage scheme in mid-August, allowing customers to trade in and scrap any brand of older vehicle for at least £2,000.
Under the scheme, any vehicle registered before the end of 2009, with a pre-Euro V standard engine, is eligible for the scrappage incentive against a range of Ford vehicles, with up to £7,000 for purchasing a Transit van.
Other manufacturers have since followed suit, including BMW, Mercedes, Hyundai, Vauxhall, Volkswagen, Renault, Nissan, Toyota and Kia, announcing deals whereby owners of cars registered before 2010 can save significant sums by trading them in for a new one.
Volkswagen is reported to be offering discounts of up to £6,000 when buying a new car, while Nissan, whose offer is less a scrappage scheme but more a ‘swappage’ scheme, is encouraging a switch to electric vehicles such as its UK-built Leaf, by offering discounts of up to £2,000 plus the trade-in value of the older vehicle.
Toyota, meanwhile, announced it was offering up to £4,000 for buyers of a Land Cruiser, adding that it went to great lengths to ensure old cars were scrapped in the greenest way and everything was recycled where it could be.
Most of the manufacturer schemes involve trade-ins of any brand of car registered before 2010, the date when vehicles had to comply with Euro V regulations on engine standards and cleanliness. The schemes will typically run until the end of December.
The incentives are intended to encourage take-up of vehicles with the latest Euro VI standard engines, which the industry says reduce emissions of nitrogen oxides from diesel in particular – although independent studies have indicated that most modern vehicles emit far higher levels of pollution than advertised.
The scrappage announcements coincide with the introduction of more rigorous, real-world emissions tests being introduced across Europe – see our article New emissions tests come into force.
The UK Government has floated the idea of a national scrappage scheme in its current clean air strategy and has announced that from 2040 all new petrol and diesel engined cars will be outlawed.
The Scottish Government has since trumped the move, announcing that from 2032 it would move to phase out new petrol and diesel cars and vans, eight years ahead of the UK Government target.
First Minister Nicola Sturgeon also outlined plans to “massively expand” charging points and set up pilot projects to encourage uptake of electric vehicles.
The SNP leader said there were plans to make the A9 Scotland’s first fully electric-enabled road and that an innovation fund would be set up to encourage climate-change solutions such as charging vehicles in areas with a high concentration of tenements.
“Our aim is for new petrol and diesel cars and vans to be phased out in Scotland by 2032,” Ms Sturgeon said.
Reacting to the manufacturer scrappage initiatives, some pundits said they were timed to coincide with falling new car sales and dismissed them as mere sales incentives.
Oliver Hayes, Friends of the Earth air pollution campaigner, said it seemed clear the motivation behind the schemes was to “boost flagging sales rather than meaningfully tackle air pollution”.
He said: “Encouraging the sale of electric VWs is clearly welcome, but taking £10,000 off a £32,000 Golf still puts it beyond the reach of many people driving the oldest, most polluting cars that urgently need taking off the roads in order to protect our children.”
Hayes said the government should roll out a nationwide scrappage scheme, giving more money to people ditching cars altogether for train season tickets or car club membership.
“Lowering pollution requires reducing traffic – an aim car companies are never going to pursue if left to their own devices,” he said.
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Jamshedpur, Nov. 19: A B Lall, Chairman, CII-Jharkhand State Council & Plant Head, Tata Motors Ltd., Jamshedpur called on the need and importance of adopting green measures in Indian Industry. Addressing the gathering at CII’s awareness Programme on Green Companies (GreenCo), Lall said, going green is an imperative for sustainable development and competitive business growth. It not only addresses ecological issues but also makes good business sense, he underscored.
Today, Indian industry is adopting some of the finest green technologies in their operations. This augurs well for both economy & environment, he highlighted. Measures like energy efficiency, use of renewable energy, reusing and recycling waste, using every drop of water efficiently, rain water harvesting are being undertaken across various sectors. He urged industries in Jamshedpur to continue to take proactive steps and demonstrate leadership in going the green way.
Mr Lall informed that the today’s programme aims to further propel green initiatives among companies and catalyse GreenCo movement in Jamshedpur. Similar such initiative were organised in Haldia, Mysore and Nashik. Today’s awareness programme were marked by sessions on –World class Green practices & sharing of experience by Tata motors Jamshedpur while undertaking GreenCo certification, he said.
Neeraj Kant, Vice-Chairman, CII-Jamshedpur Zone & Managing Director, The Indian Steel & Wire Products Ltd.(ISWP) highlighted that, one of the key initiatives of CII in promoting green companies is the launch of GreenCo Rating system, the “first-of-its-kind in the world”.
GreenCo Rating defines and assesses the performance of companies on Green front and underlines the way forward to facilitate world class competitiveness through Green strategies, he underlined.
Till date, 82 companies are certified with GreenCo Rating and over 250 companies across several sectors are working on GreenCo certification, he informed. Tata Motors in Jamshedpur is one of the first companies in Jamshedpur to undergo the GreenCo rating, he added.


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EAST WINDSOR, CONN. — For Jon Plankey of The Toy Club, Swanzey, N.H., it’s a possible inventory lifeline for his growing small shop that relies on an increasingly difficult commodity to find — used motorcycles.
To Frank Montero, Ramp Motorcycles, St. James, N.Y., it’s a chance to reach a different clientele, one that could initially increase sales volume and perhaps provide more profitability in the future.
For Steve Pighetti, MotorSports International, Auburn, Mass., it’s a reliable way to turn more new inventory.
“It,” in this case, is Eastern Powersports Auction, and what dealers are using the still relatively new business for can vary dramatically. But even with different expectations, the dealers do share a similarity — a growing interest in the monthly wholesale event. In the company’s 2nd anniversary event on May 17, more than 200 dealers bid for 300-plus vehicles. That’s in stark contrast to what occurred just two years earlier when a handful of dealers vied for just nine vehicles.
At this latest event, bidding in the form of quickly raised hands, barely noticeable nods or dismissive shrugs ran on for more than three hours. Bidding also was conducted online. When all was said and done, 76 percent of the vehicles — from motorcycles and quads to snowmobiles and PWCs — switched owners.
Other powersports auctions also are citing growth in the business. A Manheim official said they’ve seen a 10 percent increase in the past year in the number of powersports dealers attending and a 60 percent increase in sales at their speciality auctions, held over 20 sites across the nation. An official at ABC of Indianapolis Powersports Auctions said they’ve seen a 50 percent increase in dealers’ attendance since 2004.
Reasons for the growth
The size of Eastern’s auction is not the attractor itself. After all, other auction companies offer larger facilities and more expansive vehicle selections.
But the convenience of having an auction facility within driving distance of their dealerships is attracting dealers throughout the northeast. MotorSports International’s Pighetti is one such example, having become a regular at Eastern rather than “getting on an airplane, staying in a hotel, and then not buying anything because the prices might be too high” at another auction.
Besides convenience, dealers interviewed by Powersports Business cited Eastern’s professionalism and reliability — sellers leave the auction with checks and buyers with titles so their newly purchased vehicles can quickly be put on sale.
The increase in dealer interest has Eastern owner Larry Tribble planning an expansion of the facility. The powersports auction building lies on a sprawling, 300-plus-acre facility that spans both sides of Route 5 in East Windsor, Conn. Most of the facility is made up of parking lots and buildings supporting Southern Auto Auction, another growing business that has been in the Tribble family since its inception in 1947.
The auto auction’s roots are not so different than the powersport beginnings — in each case a member of the Tribble family took advantage of a need in the marketplace. Larry’s father, L.G. Sr., purchased cars from the South and then transported them to an area starving for automobiles that weren’t corroded from winter months of driving on salted roads. More than 50 years later, Larry Tribble recognized a need for a powersports facility after attending an auction in the South that featured vehicles that had been transported all the way from up north. Tribble couldn’t help but conclude that his family’s site, located within a day’s driving distance of the New York and Boston metro areas, would prove popular with northeast dealers.
“Dad picked a great spot,” said Tribble, smiling as he looked upon the site of the family’s first car auction, a brick building that, size-wise, looks like it could hold little more than a minimart. The brick building once contained two dealer lanes — mini roads that led in and out of a facility and provided dealers a chance to inspect the vehicles. The small brick building is now dwarfed by Southern’s current car auction site — an 18-lane facility.
The powersports facility, located on another part of the Tribble acreage, is housed in an indoor facility that took a year to renovate. Currently, the all-indoor powersports auction takes up only about a third of the existing building. Tribble plans on doubling that 100,000 square feet of auction showroom in the coming months.
Tribble also is hoping to double the number of available vehicles per auction, to 500, next year. Since the company relies heavily on dealer consignments to fill the auction showroom, Tribble and his staff will continue to persuade powersports dealers to accept more trade-ins and take advantage of the wholesale market.
Tribble and the Eastern staff have been surprised to find how many powersports dealers do not take trade-ins — a practice that was once commonplace in the auto industry decades ago.
“I found that almost unbelievable,” Tribble said of dealers who refuse to take trade-ins. “It’s part of the commodity business.”
“What Eastern Powersports Auction is doing is helping the industry change its business model to mirror that of the car dealer where they have opportunities to buy used vehicles and retail them,” said Jim Dodd, Eastern’s marketing manager.
Dodd points out the wholesale market is not designed to be an additional revenue stream for dealers. Instead, it offers them a reliable trade-in option that could be the difference-maker in new inventory turnover.
Jay Eugair, general manager of Central Vermont Motorcycles, Rutland, Vt., could testify to that. More than a month ago, Eugair took in a relatively inexpensive BMW bike as a trade-in for a new Honda Gold Wing. After the BMW did not sell for a month, Eugair unloaded it at Eastern’s May 17 auction.
“We knew it would do well there,” said Eugair, adding that he thought the dealership would not only recover what they paid for the BMW, but also potentially make money on the sale.
In fact, whether vehicles were selling for inflated prices was an issue brought up by several dealers.
“They sell at this auction for more or what I was asking retail at my shop,” said Lody Jiskoot, CBC Motorcycle Sales, Colchester, Conn., “and I’ve also seen people come in here, these car guys from next door, and pay more than the bike sold for new last year on the floor.”
Eastern’s Dodd said a minority — about 10 percent — of total sales are from auto dealers bidding at the powersports auction. Another small percentage of sales comes from dealers who sell both autos and powersports vehicles. But the overwhelming majority of powersports auction sales, about 80 percent, represent purchases from powersports-only dealers.
Dodd also said auctions often serve as an education to what the retail value of vehicles really are.
“The auction is a market maker,” he said. “History basically tells you the value of a vehicle based on its selling here. That’s one of the things you haven’t had before. Because if I was a wholesaler and I told you it was worth $3,000, if you didn’t go to three other wholesalers to see what they would be willing to pay, then it’s only worth $3,000. When in fact it may be worth $4,000. You don’t know that unless you’re in a competitive, open market, and that’s what we do.”
And it’s a market that serves different purposes for different dealers.
For Montero, the business manager of Ramp Motorcycle, the wholesale market provides a chance at reaching customers that the largely custom cruiser store doesn’t reach — the lower-end buyer.
“By having a large preowned inventory, you can attract more people to your store” and the dealership will then have a shot selling the used bike or up selling to a new Saxon or Triumph on the showroom floor, Montero said.
For Plankey of the small New Hampshire store, The Toy Club, it’s a chance at becoming a bigger player in the industry.
“We originally opened as a consignment store and realized in a month that we were going to have to start buying our own inventory because we couldn’t get the (bikes) fast enough,” he said. “If the prices are right, this will be gigantic. This will be the difference between us being an OK store and us being a big retail outlet.”
According to Pete Scott, The Toy Club’s mechanic, Plankey ended up successfully bidding for about 10 bikes.
Keeping pace with the trends
If fears about keeping up with the changing preowned market is making you think twice about attending auctions, then Eastern Powersports has a potential solution: its monthly market report.
Each month Eastern mails out a list of what vehicles were sold for in the previous auction. The report breaks down the vehicle by brand and year of the model.
“(Dealers) can actually look at the market report and know what that product is doing on a wholesale level. And that’s critical,” Dodd said.
Steve Brown of Brown Enterprises, South Londonberry, Vt., said he uses the market report as a “barometer for some of my trade-in activities. You get an idea of what you can get at an auction, if nothing else.
“Every tool helps,” he said. “Nobody depends on this, but this is helpful.” psb
Copyright 2006 Powersports Business


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Health Minister Robin Swann has officially launched the new StopCOVID NI app and unveiled a new TV advertisement promoting its use.
The mobile phone app will inform users if they have been in close contact with other users who have tested positive for Covid-19.
StopCOVID NI went live in the last 24 hours on the Apple and Google app stores and by 2pm today had already been downloaded more than 79,000 times.
Today also sees the launch of the public information and advertising campaign, encouraging as many people as possible to download it.
The Apple and Google links for downloading the app are
The Health Minister stated: “The early demand for the StopCOVID NI app is really encouraging and I am sure this will be maintained as a result of the public information campaign.
“We need as many people as possible to download it and activate it.
“This app will support and supplement the Public Health Agency’s (PHA) existing telephone based contact tracing operation that is working to minimise the spread of the virus. It is another important weapon in the ongoing battle against the virus.
“Everyone right across Northern Ireland can play their part in this battle. That includes practising strict social distancing, washing our hands, wearing face coverings in shops and downloading this app.”
The app will be interoperable with the one already in use in the Republic of Ireland and is also highly likely to be compatible with apps introduced in future across the UK and Europe.
It uses only anonymised information in its operation to safeguard user privacy.
The TV ad is available here: https://youtu.be/KU3Yv2qmpIA
Notes to editors:
- In common with the proximity app in the Republic, StopCOVID NI is only functional on iPhones newer than an iPhone 6. That’s because the technology to access interfacing between phones via Bluetooth is only feasible via these newer models.
- For media enquiries please contact DoH Press Office by email: email@example.com.
- Follow us on twitter @healthdpt.
- The Executive Information Service operates an out of hours service for media enquiries between 1800hrs and 0800hrs Monday to Friday and at weekends and public holidays. The duty press officer can be contacted on 028 9037 8110.
- End Review of Tobacco Control Strategy for NI 25 September 2023
- Quarterly Carers Statistics for Northern Ireland (April – June 2023) 22 September 2023
- Extension to the terms of appointment of two Non-executive Directors to the Northern Ireland Ambulance Service 22 September 2023
- Unused medicines cost Northern Ireland health system £18m per year 20 September 2023


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Tuesday, July 05, 2022
RIYADH: Saudi Arabia announced Monday it was disbursing billions of dollars directly to citizens to ease the effects of inflation amid growing online expressions of frustration over rising prices.
"A generous royal order was issued approving the allocation of financial support in the amount of 20 billion riyals (around $5.3 billion) to face the repercussions of rising prices globally," the official Saudi Press Agency reported, attributing the decision to King Salman.
Roughly half that amount would come via direct cash transfers to social security beneficiaries, the SPA report said.
Earlier on Monday, Crown Prince Mohammed bin Salman "stressed the need to take into account the neediest citizens in the face of international developments that resulted in rising costs of some basic needs", a separate SPA report said.
Chairing a meeting of the kingdom’s economic affairs council, Prince Mohammed, reportedly made the point that government offices must respond to global supply chain issues and rising prices to protect consumers’ interests.
Saudi Arabia, the world’s top oil exporter, has not been hit as hard by inflation as other countries in the region.
The most recent consumer price index for Saudi Arabia showed an annual increase of 2.2 percent in May, with prices up 4.2 percent for food and beverages and four percent for transport.
Nevertheless, the kingdom’s tightly controlled social media landscape has featured more frequent griping about rising prices in recent weeks, including Twitter hashtags calling for a boycott of eggs and a well-known dairy company.
Saudi Arabia’s economy has generally performed well this year, especially since Russia’s invasion of Ukraine sent energy prices soaring.
GDP is expected to grow by 7.6 percent in 2022, the International Monetary Fund said in April.
In early May, the Gulf monarchy reported its fastest economic growth rate in a decade, as a surging oil sector fuelled a 9.6 percent rise in the first quarter over the same period of 2021.
Saudi Arabia’s announcement came as the United Arab Emirates similarly said it was doubling the budget for its social security programme to 28 billion dirhams (about $7.6 billion) after a rise in fuel prices.


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Here’s your morning roundup of the biggest marketing, advertising and media industry news and happenings. Send tips, suggestions and complaints to firstname.lastname@example.org.
GANNETT TAKES WORDS OUT OF ICAHN’S MOUTH: It’s not often a company gets out ahead of activist investor Carl Icahn, but it turns out Gannett’s decision last week to split in two achieved that feat. Mr. Icahn disclosed Thursday he had accumulated a 6.6% stake in Gannett, with intentions of pushing for a split of the company, WSJ reports, until Gannett beat him to the punch. Meanwhile WSJ takes a look at how Mr. Icahn sold out of Lions Gate Entertainment Corp. and MGM Holdings too early, missing out on as much as $2 billion in gains. While he scored $600 million in profits on the investments, both stocks have done even better since he sold thanks to box office hits like “The Hunger Games” and “The Hobbit.” The Journal quotes Mr. Icahn saying “I often sell too soon,” adding “But like in the song ‘Mañana,’ my record is good enough for me.”
PARTYING LIKE ITS 2007: The news has been a bit gloomy in the media world of late, with reports of softness in advertiser demand in the second quarter and weakness in the TV upfronts. But on Thursday, GroupM provided a bit of hope. The WPP-owned media buying group predicted that overall ad spending is headed back to pre-recession levels, reports WSJ’s CMO Today.GroupM says that ad revenue should climb by 4.5% this year, reaching $534 billion in 2014, and spending should actually jump a healthy 5% in 2015 to $560 billion. That’s bigger than the pre-financial crisis peak (hey, it only took eight years).
YAHOO GOES SELF-SERVE: Is Yahoo being forward thinking by opening up some of its best ad inventory and data targeting options to anybody with a laptop and a credit card? Or are they risking cheapening their best inventory? That’s the question one might ask in light of news–reported by Ad–that Yahoo is making available some of its top inventory, including ads on certain home pages, as well as data targeting, via a self-serve buying platform. You can look at this a few ways. Yahoo is embracing programmatic ad selling, cutting out middlemen and eliminating unnecessarily manual transactions (and maybe the need for too many salespeople). It’s the type of strategy that AOL CEO Tim Armstrong has won praise for pursuing. And companies like Google, Facebook and Twitter have gone after huge numbers of small and midsized advertisers by offering self serve products. Those advertisers’ money is as green as anybody else’s, after all. The tricky part here for Yahoo is that the company’s top sites have brands to protect–their image theoretically makes them appealing to advertisers. Yahoo has already been criticized for having some schlocky advertisers invade its native home page ad space. What if cheap looking webads.com type brands start stealing the best ad slots atop Yahoo Sports or Yahoo News? Can they drive down pricing, or make those properties less desirable to the bigger advertisers? Yahoo must think the opportunity is worth these risks, particularly given the past couple of quarters where ad revenues were soft.
ICE COLD COKE: Nothing provides a better product placement opportunity like a grassroots fundraising effort aimed at fighting disease. At least that’s what they might be thinking down at the Coke offices in Atlanta. Wendy Clark, senior vice president of integrated marketing at Coca-Cola Co., is the latest person to jump in on the social media phenomenon that is the “ice bucket challenge” aimed at raising money for ALS Association, i.e. Lou Gehrig’s disease, reports the WSJ. But of course, like a true marketer, Ms. Clark couldn’t help herself. Her ice dumping video included plenty of branding: the Coke polar bear dumped a bucket of ice on Ms. Clark’s head, and she dried herself off with a bright red beach towel that read: Coca-Cola. Hey, it’s not exactly subtle but if Coke ultimately raises lots of money for ALS, that a fair tradeoff.
SELFIE GOLD: The proliferation of digital photographs, which have become a means of self expression among the younger, “selfie” generation, could be the next big opportunity for advertisers, if they can cull the right data from people’s photo patterns, reports Mashable.For instance, a company called Ditto Labs says that by sifting through user-generated photos, it can pick up on people’s brand preferences, or even things about products that advertisers maybe never knew–like the fact that many Chobani lovers eat while driving. The company is already working with advertisers like Kraft Macaroni & Cheese, Cadillac and Coca-Cola, but Ditto Labs isn’t the only one looking to crack the big photo data challenge. Pinterest, Facebook and Google have all made investments in this realm. Of course, privacy advocates will have a field day if marketers start using photo-derived data too overtly, but young Americans’ willingness to capture and share nearly everything about their lives seems to be a trend that will continue unabated–and marketers won’t be able to resist trying to exploit it.
ELSEWHERE: Fox Broadcasting has promoted Dave Madden, the head of Fox TV Studios, to run entertainment programming at the Fox network, reports the Los Angeles Times…On the heels of its critically successful series “Manhattan,” superstation WGN announced plans to produce more original series, reports Adweek…NBC is replacing David Gregory as host of “Meet the Press” with veteran political correspondent Chuck Todd, reports CNN…Microsoft may look to sell its recently shuttered Xbox Entertainment Studios group, reports The Hollywood Reporter…Consolidation continues in the Mexican TV business as Grupo Televisa has acquired the cable-TV operator Cablecom reports WSJ.


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Samsung is holding its Galaxy Unpacked 2017 event in New York and London. Supposedly, the company is set to announce its new flagship phone(s). If you havenâ€™t been invited to attend, no worries, weâ€™ve got you covered. Weâ€™ll be covering the event via liveblog, and you can follow along with us to see what the company has to announce.
The event begins Wednesday, March 29, 2017 11 AM EDT/8 AM PDT/4PM BST/5PM CET. So set your alarms and bookmark this page to get the latest news.


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By Timothy W. Martin
As the amount of food shipped from overseas continues to rise, so does the risk of any contamination sparking outbreaks in multiple states.
As WSJ reports, the Centers for Disease Control and Prevention said the number of disease outbreaks from imported food is rising, with 39 outbreaks between 2005 and 2010. Nearly half of those occurred in 2009-10, and 45% of the foods that sickened people originated in Asia.
Almost a quarter of the import outbreaks occurred across several states, the CDC said, compared to just 1% of all outbreaks. Since imported foods aren’t grown and distributed locally or regionally, as most domestic foods are, the chances of a widespread outbreak are greater.
Just one outbreak, of salmonella from tainted Mexican jalapeno and Serrano chiles, sickened more than 1,400 people across 43 states. And 52 people in 17 states were made ill by contaminated raw materials from China used in Veggie Booty, a puffed rice snack.
The Food and Drug Administration says it will increase investigations of overseas-based food facilities in the coming years, but what’s a consumer to do?
There aren’t a lot options.
It’s nearly impossible to avoid all imported foods because domestically produced fare can contain foreign ingredients. And people continue to get foodborne illnesses from unexpected new sources, making it tough to discern what’s risky.
If there is an outbreak caused by an identified food item, you can check the FDA’s website to find out which brands have been recalled.
And the CDC suggests some ways to reduce the risk of foodborne illness.
Avoid eating raw or undercooked meats. Steer clear of unpasteurized milk. Rinse fresh foods and vegetables under running water. For evading salmonella — the most common cause of foodborne illness — the CDC recommends avoiding eating runny whites or yolks from eggs. (The heat from a thoroughly-cooked egg reduces the amount of salmonella bacteria in an egg).
And the basics of kitchen hygiene still hold true: Use clean utensils and surfaces; separate raw foods from ready-to-eat ones; avoid undercooking meats; and store foods that could spoil in the refrigerator.
Image source: iStockphoto


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Xerox corrals $110m USDA contract
Updated 10:50 am, Tuesday, October 11, 2016
The U.S. Department of Agriculture awarded Norwalk-based Xerox a 10-year, $110 million contract for managed print services across all its agencies, with the deal including 16,000 Xerox printers and multifunction devices at more than 3,000 USDA sites globally.
Xerox stated that the deal will allow USDA to use fewer but more powerful devices for printing, copying, scanning and faxing, with Xerox devices equipped with its ConnectKey technology designed to enable cloud-based services including printing and scanning from mobile devices.
Xerox is in the process of creating by the end of this year a new company for its business process outsourcing services called Conduent. Xerox is slated to release its third-quarter results on Oct. 28, with Xerox having earned $155 million in the second quarter or 15 cents a share, as revenue receded 4 percent from a year earlier to under $4.4 billion.
Xerox shares (NYSE: XRX) were down slightly on Tuesday morning to $9.88.
Alex.Soule@scni.com; 203-354-1047; www.twitter.com/casoulman


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Like it or not, the iconic Dart nameplate will be making a comeback in 2013. While we have mixed feelings about this, we can’t help but be intrigued with Dodge’s decision to slowly release images of what the new compact model will look like. So far we’ve seen close-ups of the Dart’s front and rear end, but recently, Dodge also released images of the car’s interior. From the looks of these images we found on RideLust and Dart-Mouth.com, there will be no expense spared to bring drivers the very best Dodge has to offer in the resurrected model.
With no solid proof as to what the Dart will bring, assumptions have been flying when it comes to the car’s interior. Now, thanks to images released on Chrysler Canada’s website, and a few confirmations we can see just what’s in store for the 2013 model.
The Dart will feature an advanced electronic display with analog gauges trimmed in an optional lighting system. Between the gauges, you’ll find an LCD display with turn-by-turn navigation that goes hand-in-hand with the touch screen center media stack.This integrated system will feature hands-free phone and climate controls, as well as satellite radio and a backup camera.
The interior will also feature a double-stitch dashboard and upholstery, ambient light options, your choice of fabric, denim or leather seats, and 14 different color varieties to choose from for primary and accent use. Some higher trim levels will also offer a heated steering wheel, a telescoping/tilt steering column and blind spot detectors.
Although we haven’t seen the Dart in its entirety yet, Dart-Mouth.com has released some renderings of what they believe the compact model will look like. While we can’t say for sure if these renderings are close to portraying the real deal, they do look rather accurate based on the information we’ve heard so far about the Dart. Unfortunately, for those of you hoping for a Dart that takes design cues from its predecessors, it doesn’t look hopeful.


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Kenyan Insurtech Lami has raised $3.7M in a SEED extension round to fast-track its expansion plans.
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Insurtech Lami Technologies has raised $3.7M in a SEED extension round led by Harlem Capital with participation from VC firm Newtown Partners, and notable angel investors. With its entry into the market in January 2020, the startup has built and distributed an end-to-end digital insurance platform and API that allows businesses in different sectors to create tailored insurance solutions for their customers. The extension round brings the total SEED funding to $5.5M.
The FinTech sector across EVMs crossed the $1Bn mark in the first half of this year and has been evolving continuously to offer solutions that traverse payment methods, credit solutions, digital investments and has also been playing a major part in the insurance sector. Startups are now facilitating insurance for healthcare providers as well as digital platforms especially in the African region, as seen in our Africa H1 2022 Venture Investment Report. This year, Nigeria-based InsurTech Reliance Health ($40M Series B) and ETAP, a startup helping claim car insurance, have raised sizable investments to make insurance more accessible and affordable for people in the African region.
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The startup’s API allows entities like banks to offer digital insurance products to their customers. Lami has also integrated its API with over 15 entities in various sectors, including logistics, e-commerce, banking and fintech. Lami anticipates more growth opportunities with additional partnerships from tech-enabled businesses and as more insurance companies digitize. “On the technology side we want to cater to the entire insurance ecosystem. So, it’s not only the digital platforms that want to sell insurance products, but also to help existing players be more efficient in their distribution of products, allowing them to play a role in increasing the insurance penetration level. This includes agents and brokers , we are looking into how we can empower them to sell more policies.” said Lami’s founder and CEO Jihan Abass.
The fund will be used to hire, fast-track its expansion plans, and to drive underwriter partnerships. The startup has also announced plans to offer additional insurance product lines, after making an entry into Egypt and Nigeria. Harlem Capital principal Gabby Cazeau also commented, “We believe the next wave of fintech will embed financial products and services like insurance into a customer’s purchase experience. Lami’s approach to serving people through strategic partners in e-commerce and finance is the best way to build trust with users and deliver insurance in a seamless, accessible way to Africans across the continent.”
Get a diagnosis of the landscape. Access real-time data on InsureTech startups in EVMs


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It’s been a big week for virtual reality (VR) hardware announcements thanks to HTC Vive’s very first ViveCon 2021 event. The all-in-one Vive Focus 3 was finally unveiled after much teasing whilst the big surprise was the Vive Pro 2, HTC new flagship PC headset. While both devices have plenty of tech built-in one thing they don’t have is eye-tracking which will be made available later in the year as an addon.
Eye-tracking will come by way of Chinese company 7invensun whose technology VRFocus has previously come across in Pimax and other headsets. 7invensun’s involvement wasn’t part of the main ViveCon Keynote yesterday, instead revealed by HTC China President Alvin Wang Graylin who confirmed that the Droolon F2 eye-tracking module would be available for customers in Q3 2021, priced at $299 USD.
That’s double the price of the company’s previous eye-tracking module which was available for HTC Vive headsets retailing at $149. What’s more unusual is the fact that neither headset has eye-tracking natively built-in considering the HTC Vive Pro Eye has been available for several years now. Especially where the Vive Focus 3 is concerned. The standalone headset is purely aimed at the enterprise market which is where eye-tracking would be most applicable, offering analytics and training use cases. The Vive Pro 2 bridges both the consumer/enterprise markets so keeping the cost down is understandable, plus very little content actually uses eye-tracking.
Graylin’s Tweet also mentions that the Droolon F2 eye-tracking module will be available in ‘most markets’. Considering 7invensun’s tech has mostly been for the Chinese market the launch could be the first time customers in Europe and the US can easily acquire its eye-tracking. Vive Focus 3 and Pro 2 owners will have to wait a few months to find out.
The eye-tracking module adds to the ever-growing list of accessories for the HTC Vive platform. The most recent additions include the Vive Tracker 3.0 and the Vive Facial Tracker. If you want a VR platform with lots of accessory options then HTC Vive has definitely got you covered.
7invensun has a long history with HTC Vive being one of the startups involved in the Vive X accelerator programme. As further updates on other hardware partners are released, VRFocus will let you know.


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Small enough to dream, big enough to do – why NAB is backing Aussie tech
Sponsoring Tech Fast 50 is just one way NAB supports and champions Australian tech companies. We caught up with Lu Li, Head of Emerging Technology Clients at NAB Corporate & Institutional Banking to find out what it takes to get high-growth companies to the next level, industry trends and innovations and NAB’S $2 billion pledge to emerging tech companies.
Mark your calendars and join us LIVE
We will be broadcasting the Tech Fast 50 event live on April 7. The link will go live at 9 am, but the awards evening will commence at 5:30pm. Be sure to follow the below process and share it with your teams, so you can join the winners as they celebrate their success.
As of 30 September 2021. NAB 2021 Sustainability Data Pack.


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ST. LOUIS — Some St. Louis wholesalers are optimistic about the future of organic produce, but others say the category isn’t growing much.
Sun Farm Foodservice has seen a big uptick in its organic business, thanks in large part to the efforts of a single saleswoman.
In late 2011, Danielle Camp started getting more interested in organics, said John Pollaci, Sun Farm’s president.
Acting on that interest, Camp forged a closer relationship with organics leader Earthbound Farm, Pollaci said. One recent highlight has been the marketing of a 2-pound clear, recyclable Earthbound bag for arugula and baby spinach.
“She’s really taken the reins on organic, and she has a good relationship with Earthbound,” Pollaci said. “We receive two shipments from Earthbound per week, and we’re stocking more items than we’ve typically stocked.”
The new arugula/spinach bag allows customers to check for quality before they buy it, he said. And it’s resealable for repeated uses. In addition to arugula and baby spinach, Tuscan kale is another popular organic item sold by Sun Farm.
Camp also has established a close working relationship with a local organic grocery/café, the Local Harvest Café, which recently opened a second store in St. Louis and has plans for a third store in the St. Louis suburb of Kirkwood, Pollaci said.
“There’s a clamoring in the marketplace for organic, and I think they’ve been pretty successful,” Pollaci said of Local Harvest Café.
Organic growth faces significant challenges in St. Louis, said Jeff Moore, vice president of sales in the St. Louis office of Tom Lange Co. Inc.
“The Midwest still lags behind both coasts in demand for organics,” Moore said. “It’s not because of a lack of education or understanding of the category, but more of price-point pressure in a very tough economy.”
Organic also hasn’t been as big a draw for customers of Vaccaro & Sons Produce, owner Dale Vaccaro said.
It’s not that organic is hard to segregate in the warehouse, Vaccaro said. The problem is demand.
“We sell some, but a very small number,” he said. “If the demand calls for it, we’ll supply it, but it’s a fairly limited market.”


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A Mullet Competition is Coming to the Great Jones County Fair
Start growing your hair out now!
This week, the Great Jones County Fair in Monticello made a big announcement on their Facebook page. For the first time ever, the fair will be hosting a Mullet Competition in 2023!
The competition, sponsored by Lux Salon & Spa in Monticello, will have three different categories. The first is "Young Bucks," which is for ages ten and under, the second is "Young, Wild, & Free," which is for ages ten to 17, and the final category is "In it to Win it" for ages 18 and up. Contestants will be competing for cash prizes. You'll be able to see all the mullet glory on Wednesday, July 19th of 2023.
Personally, I think this competition is PERFECT for Iowa. I went to a couple of different county fairs last summer, and there were mullets galore! I was also very surprised to see so many kids with them. There are already people tagging their family members and friends on Facebook and encouraging them to participate. I can't wait to see what people come up with!
The Mullet Competition is just one of the contests that will be held at the Great Jones County Fair in 2023. Some of the ones that were held in 2022 include the Farm Bureau Cookout Contest, the Cowgirl Queen Contest, the Ron Nemmers Amateur Photography Contest, the Subway Cookie Contest, and the Wine Making Contest. A couple of concerts have also been announced for next summer's fair! Jon Pardi and Russel Dickerson will take the Grandstand stage on Saturday, July 22nd, and We the Kingdom and Anne Wilson will be there on Sunday, July 23rd. More concert announcements will be made as we get closer to the event, which runs July 19th through 23rd. We will see you at the fair!


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Economic anxiety prompts insurance cutbacks among consumers
As uncertainty continues to swirl around the national economy, consumer confidence in their personal finances has extended its decline. According to a new Nationwide Agency Forward survey, consumer sentiment on the economy and their personal finances has deteriorated since September 2022, with only 16% of consumers positively rating the overall U.S. economic condition, an 8% decrease from last year. Additionally, only 39% give a positive rating of their own personal finances, also 8% lower than last year.
Looking for ways to cut cost
In efforts to save money and manage the impact of inflation, 57% of consumers admit using their savings in the past year for everyday expenses like gas, groceries and housing expenses. Others reported eating out less often (54%), driving less (37%), and delaying major purchases (32%) within the last twelve months.
Eliminating insurance for potential savings
Among the top financial concerns for consumers is the cost of insurance, with 17% rating it among their top financial worries. 51% of consumers said they are looking for ways to save money on their existing insurance policies.
- 26% are decreasing or plan to decrease coverage/limits on existing policies
- 23% have or are considering switching to a new insurance agent
- 20% have already removed a policy from their coverage or plan to in the next six months
“Insurance is a layer of security that policyholders can rely on, especially as consumer prices have risen in the face of inflation. It provides the peace of mind knowing that you’re covered if you encounter a significant claim while your personal budget is stretched thin,” says Beth Riczko, Nationwide’s President of P&C Personal Lines. “My advice, if you are looking at insurance as a way to save, talk to an agent. Make sure you understand the implications of policy changes and how that would impact your current finances.”
Risking detrimental impacts by cutting back insurance
Some consumers may be taking unnecessary risks by cutting back on insurance coverage. Instead, consumers should explore ways to save money without compromising their coverage, says Riczko. For instance, reducing coverage or limits may result in more significant out-of-pocket expenses in case of an accident or unexpected loss. Additionally, removing a policy entirely could leave a person vulnerable to financial ruin if a significant event occurs.
The strength of an insurance carrier really matters now
Despite these actions, consumers are also looking for strength, flexibility, and reliability from their carrier during this period of economic uncertainty. As a result, 71% of consumers have reviewed their current insurance policy or plan to in the next six months.
“Agents should be engaging with clients to provide counsel to help navigate this challenging economic climate,” said Riczko. “Carriers and agents must be responsible counselors in helping identify possible discounts and the right policy mix to deliver some peace of mind for clients in these times of uncertainty.”
Nationwide partnered with Edelman Data & Intelligence to conduct a 15-minute online survey among a sample of 2,000 nationally representative adult consumers between March 30 and April 13, 2023. As a member in good standing with The Insights Association as well as ESOMAR Edelman Data and Intelligence conducts all research in accordance with local, national and international laws as well as in line with all Market Research Standards and Guidelines.


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Wall’s is the single biggest ice cream manufacturer in Britain. Inside the Superbrands on Channel 4 saw Helen Skelton get the scoop to uncover how Wall’s became the cool best seller, with almost a billion individual ice creams revealed to be produced in one factory in a single year.
The much-loved brand is celebrating its centenary this year, after originating in 1922. Forty products are sold across 52 countries, including household favourites Feast, Twister, Magnum, Cornetto and Viennetta.
Skelton got to see first-hand how many of these products are created in Europe’s biggest ice cream factory – found in Gloucester. Wall’s is notoriously secretive about its ice cream making processes in a bid to keep their secrets hidden from rivals.
During the factory tour, Skelton was told how 200 Viennettas, which are well known for their thin layers, are made in a single minute. Additionally, a whopping four million Cornettos are constructed each week.
In total, Wall’s made over six billion ice creams to be sold worldwide last year. At this Gloucester factory alone, around 800 million ice cream products were made, across a variety of shapes, sizes and flavours.
The factory has now set the target of producing almost a billion ice creams across the next 12 months, as sales show no signs of slowing. Later in the episode, its continued popularity was partly explained by the fact that ice cream has now become a treat all year round, rather than being weather dependent.
As part of its 100th birthday celebrations, Wall’s has also brought out a new line based on nostalgia, devising a twist on the classic Rocket lolly. Combining blueberry, strawberry and blackcurrant flavours, the Gloucester factory was soon shown to have added this production to its roster, creating just shy of two million lollies a week.
Inside the Superbrands returns next Sunday (June 19) as Skelton discovers how Guinness, one of the most famous beer brewers in the world, make their bestselling stout.


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A New Exhibit: "The Fabric of Football"
12/15/16 2:00 PM
The Drive. The Guarantee. The epic San Diego-Miami playoff game.
Elway. Namath. Fouts…
…And so many more moments and iconic players that make up football’s long, storied history.
Unitas. Marino. Blanda.
Morrall, Jergunson, Grogan, Staubach.
Montana, Lane, Brodie, Kapp.
These names are part of football’s fabric and their actual fabric is now on display at The Hall as a part of "The Fabric of Football" exhibit starting with quarterbacks. The jerseys are part of the Lou Lampson collection.
More than 40 jerseys are now on display from throughout pro football history in an exhibit that transcends the Patriots. Patriots Hall of Famers Steve Grogan and Babe Parilli are included among the jerseys that will be displayed but they are merely the tip of the iceberg.
Blood stains? Check. Ripped jerseys? Check. Jerseys that snap together like a baby’s onesie? Check.
“This jersey display, while featured in a museum and hall of fame that celebrates Patriots history, is for pure football fans,” Hall executive director Bryan Morry said. “If you root for the Jets, Dolphins, Colts, Cowboys or any team, this exhibit is for you. Lou Lampson’s jersey collection is amazing and we are thankful he has allowed us to display it so that New Englanders have a chance to see some of the game’s most iconic uniforms right here in Foxborough.”
The Hall’s Fabric of Football series features different positional groups but will open with the game’s signal callers and conclude eventually with a collection of USFL jerseys to include Natick, Mass., native and former Patriot and New Jersey General Doug Flutie as well as Jim Kelly and more.
“We’re excited to kick off 2017 exhibiting the jerseys of some of the greatest field generals the game has known,” Morry added. “There is an old cliché that football isn’t so much about the Xs and Os, but about the Billys and Joes. This exhibit is definitely about the Billys and Joes. We try to bring in different exhibits for our guests to enjoy and this one will wow our visitors.”


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France will cease to employ overly slim models
• In France cease to employ overly slim models
France passed a law banning the use of fashion shows and promotional filming overly thin models.
Under the new rules, at an employment model will have to submit a certificate from the doctor about the state of health, including that her body mass index (ratio of weight to height) is within normal limits.
The measure is dictated by concern for the health of both the models and the rest of the citizens, especially young women, said Health Minister Marisol Touraine. According to her, unnatural and unrealistic standards of beauty are developing in many of them an inferiority complex, which in turn leads to chronic malnutrition.
For non-observance of the law employers face fines up to 75 thousand euros or imprisonment for up to six months.
The new rules will come into force on 1 October.
Photographs of models, modified with the help of Photoshop, will have to bear the CE mark: "retouched picture". Similar rules in recent years have been taken in Italy, Spain and Israel.


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February 2023 sees the release of Wild Hearts , which undeniably looks to be venturing into the same territory as the wildly successful Monster Hunter games. It is developed by Koei Tecmo and published by EA, marking the first time the two have teamed up. Andrew Wilson, EA boss, hopes for the game.
In connection with the financial report (thanks, VGC ), Wilson claims that the community shares his expectations.
And the response so far has been really, really strong. And so, I don’t want to get out over my skis on this one, but I would tell you, I saw it and I think it’s incredible, the community saw it and they think it’s incredible.
Wilson says the game started as a small internal idea, which was then managed by Koei Tecmo. The CEO also says that the monster hunter genre is “relatively new” – but that’s flat out untrue. Monster Hunter World may have been a huge success, but the Capcom series has been around for almost twenty years.
Wild Hearts is released on February 17 for PC, Playstation 5 and Xbox Series X.


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Successful Implementation of the Media Trust’s Digital Vendor Risk Management Solution
The Media Trust announced the successful implementation of its Digital Vendor Risk Management (DVRM) for Scout24 Media, one of Europe’s leading digital marketers. The digital risk platform helps companies identify and resolve security, privacy, and quality risks across their mobile apps and websites. For organizations like Scout24, DVRM helps make their advertising business with third parties on their online marketplace even more secure and further optimize the high security and data protection standards of the Scout24 Group.
“Thanks to our collaboration with The Media Trust’s risk management platform, we have complete insight into the third-party code that runs through our platforms,” says Vaughan Belhamine, Vice President Product, Scout24 Media. “The platform allows us to be at the forefront of data protection regulation and to take a proactive role to ensure that we only work with providers who comply with the GDPR rules.”
“Online marketplace operators with ambitious growth targets like Scout24 are focused on customer acquisition and securing their digital assets,” says The Media Trust CEO and founder Chris Olson. “A single platform that lets them prevent web-based malware, demonstrate compliance with a growing number of consumer data privacy laws, and evaluate the quality of ads will help them effectively manage their digital risks.”
Scout24 Media, through The Media Trust, has introduced continuous, client-side scanning of its ad tags across four digital marketplaces: AutoScout24, FinanceScout24, ImmobilienScout24, and TruckScout24. As soon as violations or suspicious activities occur, the Scout24 team receives a notification alert and works with The Media Trust to resolve problems with third parties. Scout24 Media is thus continuously improving GDPR compliance on its online platforms.


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It’s definitely not a good day for LG smartphone fans and the company itself. It finally announced that it will be leaving the global smartphone business by July 31st. However, it said that there will continue to be software updates for the older ones and as will be discovered by @Kuma_Sleepy, It may also include the upcoming Android 12.
As noted by the Twitter user (Via XDADevelopers), LG detailed what would happen to the software updates after the smartphone store shut down. An FAQ support page states that the Android 11 update will continue to be deployed as intended.
If you remember, the company recently released a rollout plan for Europe. The list of devices that get it includes LG Velvet 5G, LG G8X, LG G8S, LG Wing, and more. Among these, it has already introduced the stable Android 11 update for V60 ThinQ, Velvet 5G devices.
On the support page, the South Korean giant explains that it will also push Android 12 OS for selected models.
Now, the list of devices on the page hasn’t really been mentioned, and the information about it shouldn’t be released until Google is officially announcing Android 12. Speaking of which, Google has already released the developer preview for Android 12 and the stable version could come this fall (could be September).
In addition, LG issues a disclaimer that the upgrade schedule, i.e. H. The schedule may vary by country and changes to this policy may occur in the future. This suggests that if the company encounters a major roadblock in development, they may also shut down the shutters on the entire rollout plan.
In announcing the exit from the smartphone business, LG announced it would focus on areas such as electric vehicle components, smart homes, robotics, AI and others.
Let’s just hope the company will invest time in the software updates and deliver them as planned.
Always be the first to know – follow us!


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In the existing indication of its heightened assessment of Big Tech, the European Commission (the European Union’s executive arm) has opened different antitrust examinations into Apple’s App Store and Apple Pay practices over the iPhone maker’s choice to charge a 30% cut on subscription and sales through its platform and its limiting of contactless payments on its gadgets only to its own Apple Pay service.
Apple’s business practices with its App Shop have actually come under examination.
The very first examination will have a look at the obligatory usage of Apple’s exclusive in-app purchase system for the blood circulation of paid material on the App Buy which Apple charges app developers a 30% commission on all subscriptions.The probe will similarly examine limitations imposed by Apple that prevent designers from alerting users of alternative buying possibilities beyond the iPhone and iPad apps,” which are typically more economical.” This action follows grievances to the EU from Spotify and an” e-book and audiobook supplier,” which declared that the App Shop’s policies restrict customer alternative and suppress innovation.The 2nd examination will check out conditions and other treatments that Apple sets for including Apple Pay in merchant apps and websites on iPhones and iPads.Also under examination is the business’s option to limit access to the Near Field Communication( NFC) feature on its gadgets just for contactless payments by ways of Apple Pay, preventing other banking apps from providing the extremely same feature.Both assessments start on Tuesday.Crucial Quote Talking About the App Store probe the EU’s antitrust commissioner Margrethe Vestager specified,” We require to ensure that Apple’s guidelines do not misshape competitors in markets where Apple is taking on
other app designer.” On the Apple Pay evaluation, Vestager remembered,” It is important that Apple’s procedures do not reject consumers the advantages of new payment developments, consisting of better option, quality, innovation and competitive costs.” Chief Critic Spotify’s CEO Daniel Ek had actually formerly implicated Apple of taking unfair advantage by requiring the streaming service “to pay a 30% tax on purchases made through Apple’s payment system,” he included that this charge forces business to
” synthetically pump up the cost of our Premium membership well above the cost of Apple Music.” Secret Background This brand-new examination by the EU join other main and casual probes into other substantial tech business consisting of Google, Facebook and Amazon. The local bloc has actually likewise been taken part in a long-running fight with Apple over the concern of tax breaks. Apart from the EU, the United States Justice Department, the Federal
Trade Commission and Congress are currently examining essential tech majors consisting of Apple, over possible antitrust issues. Source


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2021 Kawasaki Ninja 300 Breaks Cover-To Launch Soon
In India, the affordable motorcycle segment has always been a highly competitive field. The days have passed where we just had limited choices. At present, a selection of motorcycles of various genres can be chosen. Kawasaki India seems to be losing all the action but not for long among all the producers who slash each other’s throat with its offerings! Kawasaki dealers are now stated to have commenced reservations in the Indian market for the Ninja 300 BS6 compliant.
Perhaps the 2021 Kawasaki Ninja 300 has not already been included on the official website, but we can guarantee you that the launch is just around the way!
What is even more exciting with Kawasaki is that the Ninja 300 has taken on different colors. The 296cc motorcycle will now be available in Lime Green/Ebony and Black, in addition to the previous color of Lime Green.
The engine within the fully-functioning motorcycle is likely to be the modified 4-stroke parallel-twin 296 cc liquid-cooled engine, compliant with the new BS 6 emission regulations, although no official update is made on the technical motorcycle requirements. The gearbox would presumably remain the same six-speed unit.
The fuel-injecting powertrain output is likely to be equal to 29,0 kW (39 hp) at 11,000 rpm, 27.0 Nm (2.8 kg.m) at 10,000 rpm. The 2021 Kawasaki Ninja 300 continuously has the same tube diamond, steel frame, and the same machinery and ride components are expected.
Two new bikes teased Kawasaki last week, the first one (Ninja300) already disclosed, but now the second unconfirmed one will soon split. The BS4 model has a marginal price of Rs 2.98 lakh (ex-showroom, Delhi).


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Pakistan (Muhammad Yasir)
OPPO’s Battery Health Engine was announced as a winner in the Sustainable Product category at the 2023 SEAL Business Sustainability Awards. Through the award, OPPO joins the likes of General Motors, T-Mobile, and Cisco, in winning the highly prestigious international sustainability accolade.
The SEAL Awards(Sustainability, Environmental Achievement & Leadership Awards) celebrate the companies and leaders across the globe that make measurable contributions to sustainability and develop innovative initiatives that positively impact the environment. The 2023 SEAL Award for the OPPO Battery Health Engine adds to the growing international recognition of OPPO’s efforts to enhance sustainability through technical innovation.
“We are honored to receive the SEAL Sustainable Product Award for the OPPO Battery Health Engine in recognition of our achievements in innovation and sustainability,” said Elvis Zhou, OPPO Overseas CMO. “Through our mission of ‘Technology for Mankind, Kindness for the World’, we are committed to driving sustainability throughout our organization as we work towards our pledge to achieve carbon neutral operations by 2050. We believe that all innovations should make a positive impact on people’s lives and the environment, and we will continue to drive sustainable development as we inspire our users and the industry towards a greener future.”
“Every industry has a role to play in addressing our climate crisis. We applaud OPPO’s sustainability leadership and innovation,” said Matthew Harney, Founder of SEAL Awards.
In recognition of the innovations underlying the Battery Health Engine and its ongoing role in leading sustainability within the smartphone industry, OPPO was also named one of the 10 Most Innovative Asia-Pacific Companies in 2023 by influential business media Fast Company.
OPPO will continue to explore more ways to drive sustainability across its operations, using the latest green technology to deliver smarter and more environmentally friendly technologies and products to its global users as it leads the industry towards a green future.


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Emirates SkyCargo boosts exports from Vietnam to UAE
Emirates SkyCargo, the freight division of Emirates, has played a key role in strengthening trade links in perishables between Viet Nam and the UAE.
Over the last year, the carrier has facilitated a near fivefold increase in the volumes of exports of fruits, including rambutans and lychees, from Viet Nam to Dubai.
As a result of the collaborative efforts between Emirates SkyCargo and Viet Nam’s Trade Promotion Agency (Vietrade), the volume of perishable exports from Viet Nam to Dubai has increased considerably, touching a record of close to 110 tonnes in January 2017.
“Viet Nam has huge comparative advantages in agriculture. That is why we requested Emirates SkyCargo to facilitate exports of perishable products by air freight to capitalise on the country’s vast potential,” Pham Binh Dam, ambassador of Viet Nam to the UAE, said.
“We are happy to see the sharp increase in volume in the past year and will continue to work with Vietnamese producers and exporters for greater market penetration,” Dam added.
“Emirates SkyCargo started operations in Viet Nam in 2008 and has since then played an important role in the growing trade between Viet Nam and the UAE. By working closely with Vietrade and by building upon our expertise in shipping perishables, we developed air freight solutions that have helped increase the export of premium fruits and vegetables from Viet Nam to Dubai ,” Ravishankar Mirle, Emirates vice president, Cargo Commercial, Far East and Australasia, said.
“We will work with our customers and stakeholders to promote and develop new trade lanes for exports from Viet Nam to global markets,” he added.
Viet Nam is an important market for food exports, and in 2016, Viet Nam’s agro-forestry-fishery exports were valued at over US$32 billion.
Emirates SkyCargo offers exporters in Viet Nam a weekly capacity of over 580 tonnes through 18 flights, including four weekly freighter services.
More detail about: Check requirement for United Arab Emirates residents


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The business sells infant milk formula in the Asia-Pacific, Sub-Saharan Africa and Latin America, and has a growing presence in the Middle East and China.
“Aspen is currently engaged in discussions regarding a possible divestment of its global infant nutritionals business,” the firm said in a statement.
Aspen declined to provide further details and Lactalis was not immediately available to comment.
Shares in Aspen, with operations in 50 countries, traded up after the announcement, rising 2.2 percent to 271.55 rand.
“It’s going to inject some cash into the balance sheet,” said Independent Securities trader Ryan Woods.
In January, Aspen said it would review the infant milk formula business with options including a sale to a strategic partner. The unit has factories in New Zealand, South Africa and Mexico.
Infant formula is seen as an attractive business, due to rising incomes in emerging markets and population growth. It is dominated by Nestle, Danone and Reckitt Benckiser, which acquired Mead Johnson of the United States last year.


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Confused by all the Android phone names? We are hard at work on an organized phone database, but we are not quite ready to take the cover off that.
Verizon has added to the name clutter by deciding to launch a repackaged HTC Hero (codenamed HTC Desire) that they are calling the Droid Eris.
Engadget is reporting that Verizon will use the “Droid” name for a series of Android phones. The first two phones (Motorola Droid and HTC Droid Eris) are expected to be available on the same day November 6, 2009.
Pricing is still unavailable for the HTC Droid Eris and Motorola Droid, but we expect Eris will be the cheaper of the two.