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Other recent developments: a roundup of news from Skadden | Skadden, Arps, Slate, Meagher & Flom LLP

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Below, we highlight some of our latest thought leadership articles on important legal topics and trends.

Capital markets

Hong Kong Regulatory Update – August 2022
This update provides an overview of key regulatory developments in the second quarter of 2022 relating to companies listed or planning to list on the Hong Kong Stock Exchange Limited (HKEx) and their advisers. In this edition, among other updates, we cover: new rules on bookbuilding and investment activities; reverse takeovers; cases of extreme dependency and corruption and their consequences for directors; HKEx’s new board diversity platform and expanded ESG Academy; changes to guidelines on preliminary results requirements for new applicants for registration; and recent enforcement actions.

China regulations

New PRC regulations on cross-border data transfer (August 23, 2022)
Chinese regulatory authorities have issued new regulations and proposals aimed at clarifying the requirements of Chinese personal information protection law. The updates would strengthen rules for processing and exporting data from China.

Digital assets

Office of Science and Technology Policy releases report on environmental impact of crypto-assets (September 16, 2022)
A new report from the Office of Science and Technology Policy assesses the impact of cryptocurrencies on climate change and US energy policy. This is one of several reports mandated by President Biden’s March 2022 Executive Order on Digital Disclosures.

Seizures and confiscations of cryptoassets: overview of the application in the United States and the United Kingdom (September 7, 2022)
Those involved in crypto-assets should be aware of the wide range of seizure and confiscation procedures now available to US and UK authorities to manage legal and compliance risk arising from the ownership and management of crypto-assets. .

The Distributed Ledger: Blockchain, Digital Assets and Smart Contracts – August 2022
A flurry of legal and enforcement activity has recently sprung up across a wide range of areas in the web3 space, including actions by the Securities and Exchange Commission, the Office of Foreign Assets Control, the Commodity Futures Trading Commission and the New York Department of Financial Services. . In the August 2022 issue of The Distributed Ledgerwe describe these developments and what they mean for businesses in this space.

Cryptocurrency insider trading case could have wider ramifications for the industry (July 26, 2022)
In alleging that insider trading in cryptocurrencies constitutes securities fraud, the SEC provided limited information about its approach to fungible token regulation. But important questions remain, creating uncertainty for Web3.

ESG

H1 2022 – ESG trends and expectations (July 28, 2022)
Amid ESG-related legislation in the US, UK and Europe and recent unexpected US Supreme Court rulings, ESG considerations have continued to grow. We discuss how current trends may evolve over the rest of the year.

Application of European competition law

EU to step up law enforcement against state-backed foreign companies (July 12, 2022)
Sweeping new EU rules targeting state-backed foreign companies define government subsidies very broadly – to include many tax breaks, for example – creating new burdens of due diligence and uncertainty for transactions in the EU. EU.

Mergers & Acquisitions

UK Public M&A Update – H1 2022 (July 25, 2022)
Public M&A transaction activity had a resilient start to 2022, but has since been impacted by market skepticism and uncertainty resulting from the Russian-Ukrainian war and associated sanctions, as well as the rising inflation and interest rates.

national security

UK and EU National Security and Investment Screening Update: June 2022 (July 1, 2022)
Companies face greater uncertainty as UK and European regulators become more assertive in their national security reviews of foreign investments, scrutinizing completed deals and even questioning some holdings below 25%.

Punishments

View all of our Russia Sanctions Customer Alerts.

SEC regulations

SEC adopts long-awaited final payment-versus-performance disclosure rules (August 31, 2022)
The SEC has adopted final rules requiring public companies to disclose the relationship between the executive compensation actually paid to the company’s named officers and the company’s financial performance.

SEC Proposes Changes to Shareholder Proposal Rules (July 15, 2022)
On July 13, 2022, the SEC proposed amendments that would change the standards under which companies can exclude shareholder proposals from their proxy statements. The proposed changes to the “substantial implementation”, “duplication” and “resubmission” criteria would likely increase the number of shareholder proposals received by companies and make it less likely that proposals could be screened out.

Securities Litigation

Inside the Courts – September 2022
This quarter’s issue highlights notable cases and related court rulings primarily issued between May and July 2022.

Tax

Blockchain for Beginners: Basic Tax Issues for Digital Assets (podcast) (July 27, 2022)
In this episode of Skadden’s “GILTI Conscience” podcast, hosts Nate Carden, David Farhat and Stefane Victor discuss tax issues for digital assets such as bitcoin and stablecoins with Roger Brown, Global Head of Tax Controversy on the Chainalysis blockchain data platform.

[View source.]

Brenmiller Energy will ring the opening bell on the Nasdaq during Climate Week

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ROSH HAAYIN, IsraelBrenmiller Energy Ltd. (‘Brenmiller’, ‘Brenmiller Energy‘ or the ‘Company’) (TASE: BNRG, Nasdaq: BNRG), a clean energy company that provides thermal energy storage (“TES”) systems to the global industrial and utility markets, announced that its leadership team will wrap up Climate Week in New York City by participating in the opening bell ceremony to Nasdaq Stock Exchange on Friday, September 23, 2022. Brenmiller Energy President and CEO Avi Brennmiller will host the ceremony alongside the Company’s senior executives and members of the Board of Directors. The opening bell ceremony Party Brenmiller Energy recent listing on Nasdaq.

“This is an exciting time for Brenmiller and its stakeholders as we work to decarbonize some of the most emissions-intensive sectors of our global economy,” said Brenmiller’s Chairman and CEO. Avi Brennmiller. “We are making great strides and have achieved many milestones so far in 2022. In addition to listing our common stock on Nasdaq, Brenmiller has been awarded several new large-scale projects, received a drawing of 4 million euros of our credit facility with the European Investment Bank to increase our manufacturing capacity and completed our first large-scale industrial project. Our mission is to provide around-the-clock clean energy to the global industrial and power markets through a cost-effective and efficient solution; we look forward to expanding our operations and tackling climate change head-on.

The ceremony will begin at 9:15 a.m. Eastern Daylight Time.

About Brenmiller Energy

Brenmiller Energy provides scalable thermal energy storage solutions and services that enable customers to cost-effectively decarbonize their operations. Its patented bGen thermal storage technology makes it possible to use renewable energy resources, as well as waste heat, to heat crushed rock to very high temperatures. They can then store that heat for minutes, hours, or even days before using it for industrial and power generation processes. With bGen, organizations have a way to use electricity, biomass and waste heat to generate the clean steam, hot water and hot air they need to mold plastic, process food and beverages, produce paper, manufacture chemicals and pharmaceuticals or drive steam turbines without burning. fossil fuels. For more information, visit the company’s website at https://bren-energy.com/ and follow the company on Twitter and LinkedIn.

Caution Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, the Company uses forward-looking statements in this press release when discussing: its participation in the Opening bell ceremony to Nasdaq Stock Exchange; its mission is to supply clean energy around the clock to the world’s industrial and electricity markets; and expand its operations to address climate change. Without limiting the generality of the foregoing, words such as “plan”, “project”, “potential”, “seek”, “may”, “will”, “expect”, “believe”, “anticipate ‘, ‘intend’, ‘could’, ‘estimate’ or ‘will’ are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company’s actual results and could cause such results to differ materially from the forward-looking statements that may be made in this press release. Factors that could affect the Company’s results include, but are not limited to, the Company’s expected level of revenue and capital expenditures, market demand and acceptance of our products, the impact competitive products and prices, product development, marketing or technological difficulties, the success or failure of negotiations and the commercial, legal, social and economic risks and risks associated with the adequacy of existing cash resources . The forward-looking statements contained or implied by this press release are subject to other risks and uncertainties, many of which are beyond the Company’s control, including those set forth in the Risk Factors section of the Company’s prospectus dated May 24, 2022 filed with the US Securities and Exchange Commission (‘SECOND‘), which is available on the DRY website, www.sec.gov. The Company assumes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:

Tori Bentkover

Antenna for Brenmiller Energy

Email: [email protected]

Harsha Engineers IPO today. Experts predict handsome gains

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The IPO date for Harsha Engineers has been set and shares of India’s largest manufacturer of precision bearing cages will hit Dalal Street on September 26, 2022, i.e. today. In accordance with the information available on the ESB website, effective Monday 26 September 2022, shares of Harsha Engineers International Limited will be listed and admitted to trading on the stock exchange in the list of Group “B” securities. Therefore, Harsha Engineers actions will be part of the Special Pre-Opening Session (SPOS) on Monday, September 26, 2022.

According to stock market experts, despite the loss of momentum in the gray market, Harsha Engineers’ IPO could offer an attractive gain to its beneficiaries. They said that Harsha Engineers IPO GMP (gray market premium) may have plunged from 240 to 150 per share (According to market watchers, Harsha Engineers stock price is quoted at a premium of 150 per share on the gray market today), but beneficiaries can expect a listing gain of up to 50% from the public offering on its listing date. They said the gray market is not an ideal indicator of the success or failure of a public offering and shares of Harsha Engineers should prove that with a “great debut” in trading today.

Expecting a strong gain from Harsha Engineering’s IPO, Astha Jain, senior research analyst at Hem Securities, said: “We expect Harsha Engineers shares to be listed at a premium of 40 at 45% against the issue price We recommend reserving a partial profit while remaining can be retained for the long term as a total solution provider offering a diverse range of precision engineering products across geographies and end-user industries has long-standing relationships with industry-leading customers. The company’s domestic and international production facilities and warehouses are strategically located and its expertise in tooling, design development and l Automation with a consistent track record of growth and financial performance looks solid to us.”

Harsha Engineers IPO Price Prediction

Regarding the expected IPO price of Harsha Engineers, Prashanth Tapse, Research Analyst and Senior Vice President – Research at Mehta Equities Ltd, said: “Despite the uncertainty in the stock markets, Harsha Engineers is signaling a strong start. at a significant premium to its issue price of 330/- per share. Given the excellent response from the investor category, we assume that Harsha Engineers could list approximately 480 to 500 levels, which translates to more than a 45-51% premium to the upper end of the IPO price range.”

The Mehta Equities analyst went on to add that on valuation per se, the asking price is fairly valued against its industry peers. “We are very bullish on Harsha Engineers with its dominant position and well positioned to exploit the growth of specialist precision components and bearing cage demand across all industries,” he said.

Expecting a “great debut” from Harsha Engineers shares on Dalal Street, Aayush Agrawal, senior research analyst at Swastika Investmart, said: “We believe the company could surprise markets and could make a great debut for s above its gray market premium. Solid fundamentals, competitive advantages such as high barriers to entry and high switching costs, an experienced management team and robust growth prospects explain the good health of the GMP. Additionally, the company is a proxy play on India becoming the global manufacturing hub. Our recommendation to investors is to hold the allocated shares and long-term investors can build the stock on declines.”

Harsha Engineers share price in the gray market today

According to market watchers, Harsha Engineers IPO GMP today is 150, which means that the gray market expects the public issue to be able to list approximately 480 ( 330+ 150), which is around 45% higher than its upper price range of 330 per share.

Disclaimer: The opinions and recommendations made above are those of individual analysts or brokerage firms, and not of Mint.

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Are Archie and Lilibet a prince and a princess? The palace is slow to respond

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A key part of the intense public and media interest in whether Archie and Lilibet will receive royal titles is due to Meghan’s allegations in her March 2021 interview with Oprah Winfrey that the royal family did not want her and Harry’s children be princes and princesses.

“There is a convention – I forget if it was the George V or George VI convention – but when you are the monarch’s grandson, then when Harry’s father becomes king, automatically Archie and our next baby would become prince or princess, or whatever they were going to be,” she told Oprah. “While I was pregnant they said they wanted to change the convention for Archie.”

You can see why people are resurfacing this quote in light of the Palace’s delay in announcing whether Harry and Meghan’s children will have prince or princess titles. Especially given the fact that Meghan has explicitly expressed concern about “the idea that the first colored member of this family will not be titled the same as the other grandchildren would be”.

There is, however, a big problem with the interview: Meghan’s other remarks to Oprah reveal a fundamental misunderstanding of the historic 1917 Letters Patent. Meghan said she and Harry were explicitly told by the Royal Family that their child wouldn’t be a prince, which she said “would be different from protocol.”

Except it wasn’t. Making their child a prince would have been unprecedented and outside the guidelines set by George V. The only reason William and Kate’s children were all princes and princesses was because the Queen had issued Letters Patent. Did Harry and Meghan expect similar letters patent for their children at the time?

BuzzFeed News has reached out to the Sussexes for clarification.

However, Meghan’s apparent confusion over how royal titles work won’t mean anything if the Palace denies Archie and Lilibet HRH/prince/princess status – due to the way she addressed the issue in the interview. Oprah:

“You certainly must have had conversations with Harry about this and have your own suspicions as to why they didn’t want to make Archie a prince,” Oprah asked. “What are these thoughts? Why do you think that is? Do you think it’s because of his race?… And I know that’s a loaded question but –”

“But I can give you an honest answer,” Meghan said. “During these months that I was pregnant, around the same time…so we have in tandem the conversation of ‘He won’t get security, he won’t get a title’ and also concerns and conversations about how dark his skin might be when he was born.

That’s it. In the face of this quote, arguments about historical precedent will not matter to a large percentage of the public. Nor the fact that when asked about this conversation by Oprah, Harry said the remark was made by one of his family members “at the very beginning” of his relationship with Meghan, not during her pregnancy.

If the titles are denied to Archie and Lilibet, all that will matter to much of the population is the fact that Meghan saw it coming.

How Crypto Plays a Role in Increasing Healthy Human Lifespan

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It’s a question that has fascinated scientists for decades: how can we extend lifespans? Give humans everywhere more years of good health?

This field is known as the science of longevity, and within this industry, experts say care that treats aging as a normal but treatable disease is rare – and of the approaches available, it is only accessible. to those who are highly educated and privileged.

Some of the key principles that govern this approach to medicine involve therapeutics, personalized medicine, predictive diagnostics, and artificial intelligence. The aim is to eliminate a “one size fits all” attitude towards treatment and to ensure that therapies are tailored to an individual’s unique medical profile. This can matter in many ways, from how best to fight cancer, to the food we eat, to our risk of heart disease.

And while predictive diagnostics offer an existing way to achieve better patient outcomes, it often depends on using large amounts of anonymized data to determine what happened in the past and how greater levels of success are achieved in the future.

Oddly, there are parallels between cryptocurrencies and the science of longevity. You could say this approach to medicine is currently where digital assets were back in 2013 – a time when discussion of crypto was confined to online chat rooms, niche group discussions and convoluted white papers. . Longevity researchers are enthusiastically sharing their findings – and collaboration is building across sectors. Experts are keen for anyone interested in this nascent field to get involved and contribute.

Educate the masses

As in the crypto industry, a big challenge facing the science of longevity is education – and simply explaining this concept to the public. It is a journey that takes time, effort, money and patience.

For this reason, a dedicated event has been created so that this cutting-edge concept can be discussed in an open forum. The Longevity Investor Conference will take place in Switzerland from September 28 to 30. It is sponsored by Credit Suisse and tickets can be paid for in cryptocurrency.

It is organized by Marc P. Bernegger. He is a founding partner of Maximon, a Swiss company that invests and builds in businesses focused on longevity. Bernegger explored Bitcoin in 2012 and told Cointelegraph, “There’s room for everyone. We can all walk the same path but take different approaches. It’s always the same narrative.”

A few of the agenda items include exploring the scientific meaning of longevity – and how it will affect individuals around the world in the long run. Discussions will also take place on how to cultivate investment in this nascent space, and according to Bernegger, this is an area of ​​great interest to crypto enthusiasts.

The conference aims to build bridges and highlight the essential role of scientists in ensuring that we can all enjoy longer lifespans and healthy retirements. Although there are business opportunities to be found, investors face a challenge as they are not from a scientific background. Likewise, brilliant minds often need an entrepreneurial perspective to bring their brilliant concepts to market.

Bernegger added: “There are a number of different perspectives – entrepreneurs, scientists, investors bringing in the money. They need a combination of everything. This sector appreciates new players. The more there are money, the more smart, serious people you have, the better. The industry is still finding itself. It’s accessible now and people are happy to help.”

Why Crypto is a Good Match

It is the scientific element that attracts early adopters of cryptocurrency to this space. The reason is simple: because many of these enthusiasts are forward-looking, open-minded and technology-driven.

Describing the early days of crypto, Bernegger explained, “They were all interested in the technology. It wasn’t just speculative. They saw the potential for a peer-to-peer solution, and now they see the potential in aging.”

Indeed, blockchain technology also has the potential to enhance the quest for longevity. Decentralized Autonomous Organizations (DAOs) have already been created to fund research to support and commercialize therapies. This approach also ensures that donors can vote on the future direction of research projects.

Even though the bear market has cast a shadow over the crypto sector, many in this industry are firmly in the “BUIDL” phase. They use this opportunity to innovate, cultivate new products and develop the trends that will lead to the next bull run. The science of longevity can be part of that – and according to Bernegger, pioneers know that paying close attention to health is far more important than the value of any token.

We already know that the rate of aging can be controlled, to some extent, by genetic pathways and biochemical processes. But in the decades to come, there will still be so many questions to answer – and dots to connect – in the quest to improve our quality of life and ensure that everyone can access it.

The Longevity Investors Conference says attendance will be strictly limited to 100 hand-picked delegates, and they will be able to benefit from the insights of more than 30 outstanding speakers. This is a great opportunity to get to know the industry inside out, while making meaningful contacts with the best people in the business.

It will take place in Gstaad, one of the most exclusive Swiss mountain resorts, in a “unique setting” within a lavish five-star hotel, and world-class speakers will attend and present. This includes members of the Longevity Science Foundation’s Visionary Board. This nonprofit recently entered into a partnership with The Giving Block, tapping into a vital flow of crypto philanthropy.

If you want to know how to add years to your life and life to your years, this could be the most important conference you’ve ever attended.

Disclaimer. Cointelegraph does not endorse any content or product on this page. Although we aim to provide you with all important information we may obtain, readers should do their own research before taking any action related to the company and take full responsibility for their decisions, and this article cannot no longer be considered as investment advice.

Europe Cannabis Stock Review: Love Hemp Announces ‘Cessation’ of LSE Listing Process, No More Cellular Goods & Stenocare

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love hemp

Love Hemp, whose shares have been suspended from trading on the Aquis Stock Exchange (AQSE) since May this year, told investors this week that its application for listing on the standard segment of the London Stock Exchange is now also ” obsolete”. .

In an investor update released earlier this week, Love Hemp said his ongoing suspension and work to find a new AQSE adviser has prevented him from making sufficient progress on his listing proposal toward the most great LSE.

Retailer CBD first announced plans to launch on the standard LSE segment in November 2021, and the process was originally expected to take around three months.

On December 3, 2021, a month after Love Hemp announced its intention to target a listing, the Financial Conduct Authority (FCA) raised the minimum market capitalization for companies in the Standard and Premium segments of the main market by £700,000 at £30m.

Although it is understood that Love Hemp submitted its application for listing on the LSE before these changes were implemented, its market capitalization has since fallen from £21m to just over £5m. during.

According to Love Hemp, the FCA has “confirmed to the company that the review of its application has expired due to the passage of time.”

“The Board of Directors understands that this will be disappointing news for shareholders, but reaffirms that this does not preclude the company from advancing a re-listing in the market or a dual listing for the company in the future. , the company continues to focus on building its infrastructure, strengthening its controls and improving business performance, which must be its current priority.

Meanwhile, the company has announced further changes to its board, welcoming Robert Smyth as its new chief financial officer with “immediate effect”, who is credited with “leading the IPO of KP Renewables” on AIM.

Non-executive chairman Graham Mullis said Mr Smyth brings the financial and managerial experience to “have a significant impact on the operation and anticipated growth of the business”.

He added: “We understand that shareholders may be disappointed with the halt to the LSE’s standard market listing process, but we would like to reassure shareholders that the company is developing exciting plans both on the business plan and operational plan that she looks forward to sharing in the future.”

Cellular Goods

Cellular Goods saw its stock jump almost 20% this week as it continued to regain value from its all-time low of around 1 pence in July.

The latest spike came after the company announced the launch of three new skincare products to its offering, alongside signing a new marketing deal with Danish model Helena Christensen.

Investors hope the three new ‘rejuvenating’ CBD/CBG products will help boost the revenue streams of Cellular Goods, which have been hampered by limitations on what and where they can sell their products, for just £13,000 for its three first months of sales.

Key to that will be the newly signed deal with Ms Christensen, with Cellular Goods leveraging its considerable social media presence to overcome advertising hurdles it has struggled with since launching its products last year.

The new range will be available through Cellular Goods’ proprietary website, its Amazon Marketplace page and at its partner Voyager’s brick-and-mortar retail stores in Edinburgh.

Although the developments were welcomed by investors, as evidenced by the rise in the share price, many continued to worry about its price positioning, with its new products ranging from £69 to £89 for 50ml .

Despite the company’s relative recovery since early July, a report from Simply Wall Street points out that co-founder and chief strategy officer Alexis Abrahim, who bought £155,000 worth of shares at 7.7 pence a share earlier this year has now seen the value of their investment drop by £111,000.

Stenocare

After announcing in January 2022 that it was set to become the sole provider of medical cannabis oil in its home country of Denmark, Stenocare has now published the results of a study of a “new formulation which he says “significantly improves bioavailability” and absorption. of cannabinoids.

The pharmacokinetic study revealed that its new formulation, a “CBD LLT Oil” based on Solural Pharma’s lymphatic targeting technology, showed significantly increased absorption into the bloodstream and reduced onset of action in dogs compared to with commonly used CBD MCT oil.

Stenocare CEO Thomas Skovlund Schnegelsberg said he believes this new LTT oil is “truly game-changing” for the industry and patients, as it addresses “key challenges” in the medical cannabis industry.

He explained:1) It increases the absorption of cannabinoids by double digits, 2) It ensures uniform absorption into the blood from one individual to another, 3) The maximum concentration of the drug is reached in half of time and, finally, 4) It can be delivered into the body with greater uniformity regardless of food consumption”.

“Pending regulatory approval,” Stenocare says it expects to introduce the first products based on this formulation within the next 18 to 36 months.

The announcement has yet to have a significant impact on the company’s share price, which has fallen about 5% over the week.

Punctuation: a broader view – Businessday NG

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Punctuation is the use of special marks or signs to delimit units of statements, either to show their grammatical relationships or to give them some emphasis. Punctuation is the pauses and tonal changes in speech. Therefore, it supports writing by preventing misreading and ensuring clarity. In view of this, I present and discuss the absolutely crucial ones below.

Full stop (.):

It performs the following functions:

1. It is used to mark the end of a sentence: Gani likes to teach.

2. It is used to indicate abbreviations (initials, degrees, titles, etc.), for example, Feb., Rev., Prof., Ph.D., Bamgbose GA

Note: When the first and last letters of a word are used to form an abbreviation, you can either put a period or omit it. That is, from “Doctor” we have “Dr” or “Dr.”

The period should not be used for acronyms or initials that are abbreviations of professional, commercial and governmental organizations: NBA, INEC, UNESCO, PHCN, etc.

Comma (,):

It performs the following functions:

1. It is used after a formal greeting or a laudatory closing: Dear Sir, Yours faithfully, etc.

2. It is used in addresses, dates and numbers: 2, Bello Road; July 29, 2015; 46,000; etc

3. It is used to separate a group of words: handsome, tall, blond Nigerian man.

4. It is also used to show a short pause in a statement: for the first time, really, surprisingly, etc.

5. It is used to separate a direct quote: “Don’t say a word,” ordered his father.

6. It is used to separate names of business partners, degrees and other qualifications: Bamgbose GA, BEd (LASU), MA (University of Ibadan).

7. It separates the words that are used in apposition (possible replacements) to the names: Vincent Enyeama, the Nigerian keeper, is assiduous.

Two points (:) :

The colon performs the following functions:

1. It is used after the name of a speaker in a dialogue, especially in a written piece, as in:

Lakunle: A very good morning to you, sir!

2. It is used to introduce a formal list.

I found the following in the bag: his wallet, a passport, a bunch of keys and some cash.

3. It is used to introduce a formal citation.

According to Fakoya (2008): “The only variety of English available to Nigerians is Nigerian English.”

4. Colons are used to separate chapters from verses in Bible references, as in: John 3:16.

5. It is deployed to indicate the time, as in: 9:25 a.m.

6. It is also used to separate a title from a subtitle of a book, as in: Everyday English: A Compilation of Common Errors.

Also Read: The State of English Education in Nigeria

Semicolon (;): The semicolon performs the following functions:

1. Use a semicolon instead of a period to separate sentences where a conjunction has been omitted: Call me tomorrow; I’ll give you my answer then.

2. Use a semicolon to separate units in a series when the units contain commas: This conference has people who came from Boise, Idaho; Los Angeles, California; and Nashville, Tennessee.

3. Use the semicolon between two sentences joined by a coordinating conjunction (eg “and”) when one or more commas appear in the first sentence: If she can, she will attempt this feat; and if her husband can, he will be there to see her.

Hyphen (-):

The hyphen performs the following functions:

1. The hyphen is used in compound adjectives, as in: a three-man committee, a four-year-old boy.

To determine whether a compound name is two words, one word, or a hyphen, you may need to look it up in a dictionary. If you can’t find the word in the dictionary, treat the name as separate words. Here are the three forms mentioned: eyewitness (composed of one word), eye fatigue (composed of two words), eye-opener (compound composed of a hyphen).

2. The hyphen joins certain prefixes to the main words: co-education, anti-climax, etc.

3. It is used to split a word at the end of a line so that the part that cannot be contained goes to the next line. It is important to break a word at the end of a line on a syllable and not just between a syllable: housing (right); bullying (false).

4. A hyphen is also used between compound numbers from twenty-one to ninety-nine.

Dash (-):

This is often confused with a hyphen. The hyphen and the dash are not the same. The hyphen is longer than the hyphen and they perform different functions. Here are the functions of the dash:

1. It is used to introduce a list: The business group deals with so many things – housing, furniture, cosmetics and agriculture.

2. It is also used to mark a break or additional information in the line of thought of a speaker: My brother-in-law – the owner of Tendermate School – advocates quality education.

3. It is also introduced before a repeated word: The University of Ibadan – the first and best university in Nigeria – was founded in 1948.

Quotation marks or quotation marks (‘ ‘ or ” “):

Single quotes are British oriented while double quotes are associated with American. However, both are allowed, provided that one is consistent with his choice. Here are the functions of quotation marks:

1. It is used to mark or indicate a quotation: Achebe once said, “Proverbs are the oil with which words are eaten.

2. To show words used in a special or technical sense, slang, vernacular, etc. : So you mean you didn’t come up with ‘kola’ for ‘oga’, and you want to do what you want? Note: “Kola” is either money or a gift in this sense.

3. Include song names, as well as titles of poems, essays, stories, articles, etc. : My recent article is titled “A Critical Analysis of the Oyo State Governor’s Debate Speech”.

Ellipsis (…): Used when omitting a word, phrase, paragraph or more from a quoted passage. There are many ways to use ellipses. The three-point method is the simplest and is suitable for most general work and many scholarly works. The three or four point method and the even more rigorous method used in legal works require more complete explanations than can be found in other reference books.

Caret (^):

It is used to show that something is missing in a sentence or text. It is used instead of having to cancel or cross an entire line or sentence because of a single omission.

This treatise has considered the most important punctuation marks, so it can always be a reference material for the correct deployment of these signs.

Why the Crypto World Backs Down When the SEC Calls Coins Securities

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Cryptocurrency traders have been told that the U.S. Securities and Exchange Commission considers a range of widely traded digital assets to be securities, a stance that could impose regulatory requirements that many boosters say could be crippling . But determining what makes a piece a title or not is a complicated matter.

1. What does the SEC do?

Its chairman, Gary Gensler, and his Trump-era predecessor, Jay Clayton, said many digital assets have the hallmarks of securities. Gensler has spent the last year warning that the agency plans to take a tough line in enforcing its rules on these tokens. Concerns among crypto traders grew when the market regulator took the unusual step in late July to identify nine crypto assets it considered securities in an insider trading case. Seven of them were traded on Coinbase, the largest crypto trading platform in the United States. Separately, Bloomberg News reported that Coinbase is under investigation by the SEC over whether it listed assets for trading that should have been registered with the agency.

2. What does it mean for something to be a security?

In its simplest form, whether or not something is a security under US rules is essentially a matter of how closely it resembles shares issued by a fundraising company. To make this decision, the SEC applies a legal test, which derives from a 1946 Supreme Court decision. In this framework, an asset may fall within the jurisdiction of the SEC when it comes to investors money with the intention of profiting from the efforts of the organization’s management. In December 2020, the agency sued Ripple Labs Inc., for allegedly raising funds by selling the XRP digital token, which at the time was the third largest, without registering it as security. The SEC claimed that the company was funding its growth by issuing XRP to investors betting that its value would rise. The case is now a massive legal battle, with Ripple having hired former SEC chairwoman Mary Jo White as its attorney.

3. Why is calling a token a security issue?

For starters, such designations would make running a cryptocurrency exchange more expensive and complex. Under US rules, the label has strict investor protection requirements for platforms and issuers. This burden would put smaller platforms at a disadvantage against larger-pocketed competitors. Additionally, the exchanges would be subject to continuous scrutiny by regulators, which could lead to fines, penalties and, in the worst case scenario, prosecution if ever criminal authorities were involved. It could also mean the loss of future funding from investors who may be reluctant to face these increased compliance burdens and regulatory scrutiny. Proponents of increased regulation believe that security designations would result in more information and transparency for investors due to SEC disclosure requirements that would apply.

4. Who is against this approach?

Crypto enthusiasts say their businesses are decentralized in a way that makes old rules ill-suited, and crypto trading platforms argue the assets they list should be considered commodities, not securities . In the United States, the rules governing the trading of commodities and their derivatives focus more on ensuring that companies, producers and farmers can effectively use derivatives to hedge against the risks of commodity price fluctuations than on the role of small investors.

5. What does the crypto community want?

Efforts have been made on Capitol Hill to give the Commodity Futures Trading Commission, the US derivatives watchdog, more power to directly regulate crypto assets. Currently, he primarily oversees crypto futures contracts and has the ability to take enforcement action in the event of fraud or manipulation in the underlying market, as he has done in dozens of crypto cases. Crypto executives and traditional markets titans like Citadel Securities have joined an industry push behind a bill from top lawmakers on the Senate Agriculture Committee that would give more ground to the derivatives regulator – to costs of the SEC. Opponents of this approach say the securities-focused SEC rules provide more protections for family investors.

6. How do agencies split crypto?

To some extent, their approaches reflect their origins. The SEC was created following the stock market crash of 1929 and considers its primary mission to be to protect investors by requiring extensive disclosures by financial entities. The CFTC has its roots in the Ministry of Agriculture and helps farmers protect against droughts. The CFTC – and the US rules on commodities and their financial derivatives – are widely seen as a less onerous regulatory regime. So it’s no surprise that the crypto crowd desperately wants the CFTC to be their regulator and not the SEC.

7. Which parts are or are not considered a title?

The short answer is that beyond the biggest cryptocurrency, there is a lot of ambiguity. US regulators, including the SEC, agree that Bitcoin, which is by far the largest digital asset, is not a security. It was started by an unknown person or persons under the pseudonym of Satoshi Nakamoto and does not exist as a way to raise funds for a specific project. The second-largest token, Ether, was considered not a security during the Trump administration by a senior SEC official who flagged that while Ether may have started to qualify as a security – the Foundation Ethereum used it to raise funds – it had become something decentralized enough to not be one anymore. But after Ethereum moved to a system where coins that are “staked” play a role in recording transactions, Gensler said the fact that staked coins can earn interest could cause regulators to start treat them as security. The CFTC considers Ether a commodity, and the CME lists futures on it as well as Bitcoin.

Gensler said the agency could waive some of its rules to better accommodate digital assets, while ensuring investor protection, if exchanges work with the agency to register. However, he did not provide a roadmap for exactly how this could be accomplished. Meanwhile, lawmakers are weighing several proposals that could give the CFTC and U.S. banking regulators more power over parts of the asset class. At the same time, the SEC insider trading case, if successful, could also provide a clearer picture of which types of tokens qualify as securities and which should be considered commodities. In September, the White House released a series of reports that had been submitted by different agencies, claiming that together they constituted the first “comprehensive framework for the responsible development of digital assets”. But the reports have not resolved what has been a patchwork of overlapping approaches and jurisdictional battles.

9. Is this a problem elsewhere?

Yes. Globally, different regulators have taken a series of positions on whether to treat cryptocurrencies like securities. The UK’s Financial Conduct Agency regulates digital assets that it considers investments with redemption rights or profit sharing, while “payment tokens” like Bitcoin or “utility tokens” that give access to a service are not regulated. Singapore regulates both types, but under different laws. It considers coins that are digital representations of other assets, such as unlisted stocks, to be securities. In June, the European Union reached a tentative agreement to impose common cryptocurrency rules across all 27 member states and to develop a new legal framework to regulate public offerings of cryptoassets.

• A Treasury Department report on crypto regulatory issues.

• A look at the efforts of the crypto industry in Washington to avoid securities regulation.

• Gary Gensler’s first crypto interview after taking over as SEC chair with Bloomberg Businessweek.

• An OnPoint BGOV of cryptocurrency legislation being considered by Congress.

• A 2018 Bloomberg QuickTake shows how long these fights have been going on.

• The Executive Order on Crypto Regulation signed by Biden.

• An article on the SEC fight with Ripple.

• The UK FCA’s breakdown of regulated versus unregulated tokens.

More stories like this are available at bloomberg.com

The new Astro A30 headphones can extract audio from three gadgets at once

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Logitech has announced a new iteration of the Astro A30 wireless gaming headset, a product without an update for several years. It will retail for $229.99 when it releases in October. The new A30 looks like a modern take on the previous version (thankfully it’s a lot less shiny), with the return of its customizable speaker labels that attach magnetically to either side as well as the square shape of the speaker enclosures. speaker. The A30 will be available in matte navy or matte white, and each colorway has a cool (or chintzy, depending on your taste) chrome design effect under the replaceable speaker labels.

It will come out with two models: one that includes a USB-A wireless transmitter that works with Xbox, PC, macOS, and mobile consoles, and one that works with those PlayStation platforms and consoles.

Console compatibility is a bit of an odd thing here. Just like its 2020 A20 Gen 2, a single A30 headset box works with both console families, but you’ll have to pay to unlock its cross-platform compatibility. He will sell you a second transmitter that you can insert into either console. Logitech did not respond to a request for information on the cost of each transmitter before publication, but if it looks like the A20’s transmitter, it will likely cost around $20. The headset page listing was live before the embargo lifted, and it revealed that Astro has a USB-C audio transmitter in the works that can plug directly into the Switch console and mobile devices or computers with a USB-C port. On the page it says: “Purchase additional USB-A and USB-C transmitters to enable LIGHTSPEED 2.4Ghz wireless connection to your other consoles and mobile devices.”

This image from Best Buy’s product listing shows a USB-C transmitter plugged into a Switch console (top right).
Picture: Logitech

The A30 offers a decent number of nice-to-have features, like swiveling ear cups, up to 27 hours of battery life per charge, and a multi-function joystick that makes it easy to adjust volume and PC game/chat audio or Xbox (but not PlayStation, oddly). There are a few smarter additions too, like its ability to pull audio from three sources at once (2.4GHz, Bluetooth, and wired 3.5mm) and the built-in mic it has so you don’t have to. not have to go out to take calls. with his long-arm mic attached.

An image showing the navy blue and white colorways of the Astro A30 gaming headsets.

The A30 will be available in these two matte-textured colorways. A zippered hard case is included, along with a USB-C charging cable, 3.5mm audio cable, and boom mic.
Picture: Logitech

However, for me, the A30’s most interesting feature is its deep integration with Logitech’s G Hub mobile app. From there, you can do expected things like check the battery life and update its firmware. But the app also lets you set profiles, each with its own set of detailed preferences. You can, for example, change the EQ for “Astro Footsteps” mode in the game profile, then set a custom EQ for a different profile. The app also lets you adjust the noise gate of its microphones as well as the amount of sidetone (akin to transparency modes in headphones that let in noise from the outside world).

Typically, headset manufacturers try to build as many such features as possible into the hardware itself, resulting in a sloppy button layout with a steep learning curve. Logitech’s mobile software solves some of that, and it gives tinkerers a place to go wild with the settings. Just keep in mind that if for some reason you don’t want to use an app alongside the headset, the A30 offers less functionality with the hardware alone.

Two phone screen shots that showcase some features provided in the Logitech G Hub mobile app.

Here are some screens you can expect to see in the Logitech G Hub mobile app.
Picture: Logitech

I only had a few days to test the A30, and from my first impressions the audio performance is well balanced. The sound isn’t full, filled with booming bass or a full range of immersive detail. For the price, I expected a little more, although some gamers may be satisfied. Beyond performance, I’m very impressed with the app features that make the A30 worth its somewhat hefty $229 cost.

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Stock futures rise slightly ahead of Federal Reserve’s expected interest rate hike

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Equity futures rose slightly on Wednesday as traders anticipated a possible interest rate hike announcement from the Federal Reserve later in the day.

Dow Jones Industrial Average futures gained 60 points, or 0.2%. S&P 500 futures also climbed 0.2% and Nasdaq 100 futures traded just above the flatline.

Investors expect the central bank to make its third consecutive rate hike of 0.75 percentage points to rein in high inflation. A higher-than-expected consumer price index in August and hawkish comments on rate hikes from Fed leaders weighed on stocks, with more pressure likely as the central bank continues to fight inflation .

“We’ll never really know if the stock market lows are for the year without successfully testing the June lows,” John Lynch, chief investment officer at Comerica Wealth Management said in a Tuesday note. “Certainly the recent technical weakness in stock prices must now be met with the determination of monetary policy makers in their fight against inflation.”

Investors will also be watching earnings from Lennar, KB Homes, General Mills and Steelcase on Wednesday. Existing home sales will also be released on Wednesday.

Treasury yields fell on Wednesday after hitting levels not seen in more than a decade. The 2-year rate, which hit its highest level since 2007 in the previous session, last fell about 2 basis points to 3.948%. The benchmark 10-year yield slipped to 3.54% after hitting its highest level since 2011.

Shares fell on Tuesday, the first day of the Federal Open Market Committee meeting. The Dow lost 1.01%. The S&P 500 and the Nasdaq Composite fell 1.13% and 0.95% respectively.

STOCK WATCH: Booktopia directors resign, Koala assesses market entry

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ASTORIA INVESTMENT LIMITED – Securities Trading by Partners of Directors – SENS

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Dealings in securities by associates of directors

ASTORIA INVESTMENTS LTD
(Incorporated in the Republic of Mauritius)
(Registration number 129785 C1/GBL)
SEM share code: ATIL.N0000
JSE share code: ARA
ISIN: MU0499N00015
(“Astoria” or “the Company”)

Dealings in securities by associates of directors

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, shareholders are hereby notified that
associates of directors of the Company have acquired Astoria shares. The details of the acquisitions are as follows:

Name of directors: Pieter Gerhardt Viljoen
Johannes Cornelis van Niekerk

Name of associate: Calibre Investment Holdings (Pty) Ltd (“CIH”)

Relationship to associate: Messrs. Viljoen and van Niekerk are directors and indirect
beneficial shareholders of CIH

Nature and extent of interest: Indirect beneficial

Nature of transaction: On-market acquisition

Clearance obtained to deal: Yes

Date of transaction: 16 September 2022
Price of securities: 552.00 cents per share
Number and class of securities purchased: 740 570 ordinary shares
Total value of securities: R4 087 946.40

Name of directors: Pieter Gerhardt Viljoen
Johannes Cornelis van Niekerk

Name of associate: Calibre International Investment Holdings (Pty) Ltd (“CII”)

Relationship to associate: Messrs. Viljoen and van Niekerk are indirect beneficial
shareholders of CII

Nature and extent of interest: Indirect beneficial

Nature of transaction: On-market acquisition

Clearance obtained to deal: Yes

Date of transaction: 16 September 2022
Price of securities: 552.00 cents per share
Number and class of securities purchased: 1 083 102 ordinary shares
Total value of securities: R5 978 723.04

Name of director: Dean Schweizer

Name of associate: Monica Vilabril

Relationship to associate: Immediate family member

Nature and extent of interest: Indirect beneficial

Nature of transaction: On-market acquisition

Clearance obtained to deal: Yes

Date of transaction: 16 September 2022
Price of securities: 552.00 cents per share
Number and class of securities purchased: 25 000 ordinary shares
Total value of securities: R138 000

Astoria has primary listings on the Stock Exchange of Mauritius and the Alternative Exchange of the JSE.

This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of
Reporting Issuers) Rules 2007. The Board accepts full responsibility for the accuracy of the information contained
in this announcement.

20 September 2022

Designated Advisor
Questco Corporate Advisory Proprietary Limited

Company Secretary
Clermont Consultants (MU) Limited

Date: 20-09-2022 09:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.

Netflix Stock is getting an upgrade. An ad-based service could win back subscribers.

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Netflix has not confirmed pricing for its ad-supported plan, which will launch in early 2023.

The time of dreams

netflix

has another fan on Wall Street.

Oppenheimer analyst Jason Helfstein raised his rating on the video streaming company to Outperform from Perform, citing the potential for faster subscription growth following Netflix’s launch of its planned ad-based service. He has a target of $325 for the stock price, while the shares were flat at $240.19 on Monday morning. They have fallen by 60% this year.

Helfstein’s rating change comes after Evercore ISI’s Mark Mahaney upgraded his rating on Netflix shares to In Line’s Outperform last week, while Macquarie Research analyst Tim Nollen raised his rating to Neutral from Underperforming earlier this month. Nollen thinks Netflix can increase its overall revenue by offsetting revenue lost when subscribers switch to the cheaper ad-supported version with revenue from advertisers.

Netflix (ticker: NFLX) hasn’t confirmed pricing for its ad-supported tier, although late last month Bloomberg reported that the service would cost around $7-9 per month and would not wouldn’t include the full Netflix catalog. Netflix said on a conference call in July to discuss its revenue that it would launch the new service tier in countries with mature ad markets around early 2023.

Helfstein said an exclusive survey indicated not only that the ad-based tier will attract users, but there is also a greater opportunity to encourage former users to re-subscribe. More than 40% of people in the United States who stopped subscribing to Netflix would re-subscribe at a lower price, he said. Of the 9% of survey participants who said they had never subscribed, 30% expressed interest in subscribing at a lower price.

In addition to growing the user base,

Oppenheimer
it is

The optimism stems from Netflix’s dominant position in streaming and its ability to sell ads at a cost well above the normal TV average. “Netflix draws large audiences for big-name show releases, comparable to award shows and major sporting events…” Helfstein wrote.

Still, several analysts are still unconvinced about the addition of an ad-based service. Benchmark analyst Matthew Harrigan reaffirmed his sell rating last week, saying reports indicate Netflix is ​​charging advertisers aggressively. It likely set unrealistic price expectations for a service with limited ad-tech capabilities, he said. Netflix did not respond to a request for comment at the time.

Bank of America analyst Nat Schindler said earlier this month that any benefits from the new feature are “several quarters, minimum.”

During the July earnings call, chief product officer Gregory Peters acknowledged that the ad-supported tier will start out as a relatively small contributor to Netflix’s total revenue mix. “But we think we can develop it to be substantial over a period of time,” he added.

Netflix has tried to encourage investors to focus on 2023 and 2024, when it expects revenue growth to accelerate, unlike the past two quarters, when the company reported disappointing subscriber numbers.

Write to Karishma Vanjani at [email protected]

Alberta’s Oil & Gas Sector Tops TSX’s Top 30 List

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Alberta energy companies feature prominently in the Toronto Stock Exchange‘s latest list of top performers.

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Companies based in the province accounted for half of the listings on the latest TSX30, an annual ranking of the top 30 stocks by dividend-adjusted share price over a three-year period, which was released on Thursday.

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Of these 15 Alberta companies, 14 are in the oil and gas sector.

TSX CEO Loui Anastasopoulos said these Alberta energy companies account for about 63% of market capitalization – the value of publicly traded companies – on the 2022 edition of the TSX30.

“It’s nice to see energy taking a starring role in this year’s list for the first time,” he told Postmedia.

Representation of oil and gas companies on the annual list has been sparse since the program launched in 2019, but as of Thursday, the top 10 included Alberta companies Obsidian Energy Ltd., Crew Energy Inc., Advantage Energy Ltd., Paramount Resources Ltd. and Tourmaline Oil Corp.

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  1. Finance Minister Jason Nixon speaks during a press conference in Edmonton on October 25, 2021.

    Energy prices push Alberta’s projected surplus to $13.2 billion

  2. A pump jack on a farmer's frozen field in a Pembina oil field.

    David Staples: The world is taking Alberta’s winning approach to oil and gas

At No. 13, Calgary-headquartered Birchcliff Energy Ltd. made a sharp ascent from the “depths of despair” in March 2020, the early days of the COVID-19 pandemic when the stock price the company’s stock fell to around 60 cents. This year, the stock has reached around $12, chairman and chief operating officer Chris Carlsen told Postmedia.

Although the inclusion on the list is exciting, it is also a reminder of the challenges faced over the past three years, he added.

Share prices in the sector had been hit due to low oil prices in the decade before the pandemic, and fell further in early 2020 with reduced demand.

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“I really think about the resilience and strength of our people in Calgary and on the pitch,” Carlsen said. “As well as the management team, our board of directors and some of our major shareholders for this support during all these different times to get from where we were to where we are today.”

Oil prices have since rebounded and reached as high as US$120 a barrel in June, in part due to a general lifting of COVID-19 restrictions as well as the war between Russia and Ukraine.

As with just over a third of the top 30 companies announced on Thursday, Birchcliff is a “graduate” of the TSX Venture Exchange, an exchange that lists start-ups as they incubate, grow and leapfrog. on the TSX market, Anastasopoulos said. .

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“I think it speaks to the credibility of this two-tiered ecosystem and how it nurtures, grows and transitions companies to the big board,” he said.

Mining companies also had a notable presence on the last TSX30, half of which are headquartered in British Columbia

Anastasopoulos was quick to note that nationally, the list also points to a successful year for local businesses.

“Obviously the focus is on Alberta, but 90% of the list this year are Canadian companies, which I think demonstrates the strength of Canadian capital markets as a platform for growth,” did he declare.

— With files from The Canadian Press

[email protected]

@hamdiissawi

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World leaders honor Queen Elizabeth, BOJ meeting and reopening of Bhutan

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Welcome to your week in Asia.

Many Asian leaders will attend Queen Elizabeth’s funeral in London on Monday to pay their respects to Britain’s longest-serving monarch.

The general debate of the United Nations General Assembly begins on Tuesday. Monetary policy decisions from the US Federal Reserve and the Bank of Japan are expected later this week.

Get the best of our Asia coverage and more by following us on Twitter @NikkeiAsia.

MONDAY

Queen Elizabeth’s funeral

Britain’s Queen Elizabeth II will be laid to rest in a state funeral at Westminster Abbey in London. The event will also be a major diplomatic event. US President Joe Biden will attend as well as Japanese Emperor Naruhito, South Korean President Yoon Suk-yeol, Chinese Vice President Wang Qishan, Australian Prime Minister Anthony Albanese and Indian President Draupadi Murmu. Taiwan did not receive an invite, despite the island’s warm ties to the UK

Go further: Queen Elizabeth’s soft power in Asia has overtaken the Commonwealth

TUESDAY

General Debate of the United Nations General Assembly

The United Nations General Assembly begins its general debate, giving each country the opportunity for its representative to address the world directly. Representatives of the 193 Member States will have the opportunity to speak over several days.

WEDNESDAY

AfDB Outlook Report Update

The Asian Development Bank publishes updated growth forecasts for emerging Asian economies. The numbers will be watched closely amid turmoil that includes the coronavirus pandemic, Russia’s invasion of Ukraine, rising inflation and monetary tightening in advanced economies.

Hong Kong’s Cardinal Zen stands trial

Hong Kong’s Cardinal Joseph Zen and five other pro-democracy figures will face a five-day trial. The charges relate to the now-disbanded 612 Humanitarian Relief Fund, which helped arrested protesters linked to the 2019 protests in the city with legal and medical bills. Zen, the fund’s other directors and its secretary were first arrested on national security charges, but are now charged with failing to officially register the organization. The defendants denied any wrongdoing.

Tencent Music launches in Hong Kong

Tencent Music Entertainment, which is controlled by China’s most valuable technology company, Tencent Holdings, is debuting on the Hong Kong Stock Exchange. It joins a slew of US-listed Chinese companies seeking secondary listings closer to home in case they are kicked out of US exchanges by 2024 due to questions about their audits.

Tencent is listed in Hong Kong using a method called “by IPO,” a faster and cheaper shortcut increasingly used by Chinese companies listed in the United States this year. With such a listing, a company does not raise any capital or issue new shares. Chinese electric vehicle maker Nio, real estate agency KE Holding and fintech company OneConnect Financial Technology were all listed as introductions earlier this year.

Meanwhile, an inspection team from the US Public Company Accounting Supervisory Board arrived in Hong Kong and started inspecting the audit records of US-listed Chinese companies in the city. If the United States is not satisfied with the results of the eight- to ten-week process, it can take further action against the companies involved.

THURSDAY

Japan monetary policy decision

The Bank of Japan is expected to keep monetary policy unchanged, although it is expected to wrap up its COVID emergency liquidity program. The decision will come on the day the US Federal Reserve is expected to raise rates by 75 basis points for a third straight meeting. This would further increase the interest rate differential between Japan and the United States and add downward pressure on the yen.

Turkey is also expected to announce its latest monetary policy decision.

FRIDAY

Bhutan reopens to foreign visitors

Bhutan is reopening to international visitors after closing its borders for two and a half years due to COVID-19. Tourists, however, will be charged a much higher sustainability fee of $200, up from $65 before the pandemic. The Himalayan kingdom said the money will go to activities that promote carbon-neutral tourism and help build a more sustainable sector. In 2019, around 315,600 tourists visited Bhutan.

Department of Transportation sends records of 35 affiliates to be listed on EGX

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Daily News Egypt (DNE) has learned that the Ministry of Transport has sent the records of 35 companies affiliated with the ministry to consider listing them on the Egyptian Exchange (EGX).

Sources said that the Egyptian financial market will witness the disclosure of many listing operations in the coming days.

The sources said six companies in the filings sent to the exchange are ready to get its approval for a temporary listing. They added that the changes recently approved by the Financial Regulatory Authority (FRA) will move the stagnant water in the IPO file as companies will be able to enter the offering and listing procedures in stages. , and we could see many government proposals based on this mechanism as liquidity levels improve in the market.

The head of the FRA, Mohamed Farid, had revealed at a recent press conference at the seat of authority in the Smart Village that the FRA board had approved an amendment to the registration rules which allows companies to be temporarily listed on EGX before registering with the authority to expedite and facilitate companies wishing to offer their shares.

The sources pointed out that a very long list of companies are waiting for the amendment to apply to EGX.

The FRA Management Board approved the changes at its meeting on 13 September and they have been sent for publication in the Official Journal, which means that they will come into force as soon as they are published.

Farid said on the sidelines of the conference that the authority is working on a comprehensive development of the listing and delisting rules for securities on EGX to facilitate companies wishing to list and list, pointing out that the stock market is a platform that helps economic entities operating in various activities to access the financing necessary for expansion to support the growth of the national economy.



We must use the word “women” when we talk about abortion

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The Republican assault on abortion and the broader campaign against bodily autonomy have led to a rhetorical amalgamation of two large constituencies impacted by both – cis women and trans men – into one “person with the ability to get pregnant “.

Most trans people understand the fundamental connection between their own struggle for self-determination and the lack of it in women. Likewise, many pro-abortion cis women support trans rights and appreciate the need to build solidarity around shared humanity. It all makes sense. But there has been an entirely unnecessary by-product of this rhetorical expansion: the subtraction of the word “women” from the discourse on abortion. This is unfortunate, as it fuels the misplaced fear, recently (and infamously) voiced by New York Times columnist Pamela Paul, that women are being “erased,” while unnecessarily alienating those who rightly see themselves as the intended and primary targets of abortion bans. The debate took place on a recent episode of WNYC’s Brian Lehrer Show between Cornell University philosopher Kate Manne, the author of Down Girl: the logic of misogynyand a caller.

Joan in Brooklyn: “These attacks are meant to further the subjugation of women, and it’s really important that people understand that…. I think the same forces that are attacking abortion rights – there’s a whole campaign against trans people that needs to be fought. But at the same time, attacks on abortion rights are not aimed at trans men; they aim to force women into subjugation to patriarchal moral authority.

Manne: “I agree with you that the abortion bans we are seeing target women. But I think we can recognize that they also affect and victimize trans boys and men, intersex people, non-binary people who can get pregnant, and of course cis girls. So I don’t see any conflict between acknowledging that anti-abortion activism has always been about misogyny, has always been about policing and controlling women, but it affects a broader class of people.

The segment ended with Manne reiterating that she didn’t think it was that hard to use more inclusive language. Yet most evidence (and common sense) suggests that condescending to middle-aged women — who know it hard — new language that removes any mention of them from their lifelong struggle doesn’t work. It also risks shifting the conversation unproductively into trans-exclusive radical feminist terrain, hijacking an argument about patriarchal control and diverting it into a bad faith referendum on who a woman “really” is. So why die on this hill? The obvious compromise would seem to be to just say “women and anyone else who can get pregnant” or to recite the full list of affected parties. Instead, many very online activists, progressive organizations, and academics insist on clunky language that sounds like a convoluted fallback to avoid using the word “women.”

Additive language in the name of inclusivity is generally more effective than umbrella language, which is inherently reductive. The LGBTQIA+ community figured this out a long time ago, adding separate identities to an acronym and fittingly ending it with a plus sign. Umbrella language often fails. The gender-neutral term “Latinx” is rejected by the vast majority of people in America who identify as Latino or Hispanic, with three-quarters saying they haven’t even heard of the term, and only 4% at most l ‘list. as a favorite label. However, it delivered an effective message to Republicans, who weaponized it to portray Democrats as patronizing and out-of-touch elites. In a 2021 Newsweek editorial, writer Angel Eduardo explained that “Latinx” is not an extension of the demographic category but rather “almost exclusively a means of indicating a particular ideological bent”. Words then become the site of conflict, driven by the urgency of correcting people rather than reaching them.

It was never going to be possible for UC Berkeley law professor Khiara Bridges to reach Missouri Senator Josh Hawley when he called her out at a hearing for using the phrase ” people who can conceive. And although she managed to win a particular corner of the Internet by taking the author of Virility: The Masculine Virtues America Needs on the job, Hawley scored his own victory by looking like a women’s rights advocate, rather than the protofascist ghoul that he is. Bridges was right, of course, that it is possible to “recognize that this [abortion ban] has an impact on women while recognizing that it has an impact on other groups. These things are not mutually exclusive. In fact, that’s the whole point. So why not specifically mention the other bands?

By definition, generic terms sacrifice specificity for broader, technically accurate generalization. But there is a real loss of images and experience that is not factored into the equation. For example, when we use “persons of childbearing capacity” so as not to exclude children who have been raped (children who do not fall under the category of “women”), we mask the particular horror of their experience. for a dull, impersonal one. The same is true when we remove the unique experiences of “women” from a discourse that Manne and others agree are central.

Meera Deo, a professor at Southwestern Law School, argued something similar in her Virginia Law Review “Why BIPOC Fails” article, on the foregrounding and privileging of the Black and Indigenous experience across the spectrum of people of color: “While focusing on these two groups may make sense in particular contexts, it does not may not be true that every instance of race and racism should center the voices or experiences of Black and Indigenous people. Deo goes on to urge more precision in the name of accuracy: for example, “Black” when talking about police brutality; “Asian” for Covid-related hate crimes; “anti-Arabs” or “anti-Muslims” in reference to post-9/11 profiling, etc. As she puts it, “sometimes this will mean grouping groups together and naming them separately to others; whether it’s finding community through unity or standing apart to highlight distinctions, either option is better than BIPOC. The goal is to add granularity to better include different identities.

All language is limited. There is no perfect wording and it always involves compromises. In this case, it’s just an ampersand.

APREA THERAPEUTICS, INC. : Notice of expungement or non-compliance with a continuing registration rule or standard; Transfer of Enrollment (Form 8-K)

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Section 3.01 Notice of Cancellation or Non-Compliance with a Rule or Standard for Maintaining Listing; Transfer of registration

On September 12, 2022, Aprea Therapeutics, Inc. (the “Company”) received a deficiency letter from the Rating Qualifications Department (the “staff”) of the Nasdaq Stock Exchange (“Nasdaq”) advising the Company that, for the preceding 30 consecutive business days, the closing bid price of the Company’s common stock was below the minimum price $1.00 per share for continued inclusion on the Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Offer Price Requirement”). The notification received has no immediate effect on the Company’s Nasdaq listing and the Company’s common stock will continue to trade on the Nasdaq under the symbol “APRE” for the time being. In accordance with Nasdaq rules, the Company has been granted an initial period of 180 calendar days, or until March 13, 2023 (the “Compliance Date”), to restore compliance with the Bid Price Requirement. If, at any time prior to the Compliance Date, the closing Bid Price of the Company’s Common Shares is at least $1.00 for at least 10 consecutive business days, Personnel will provide the Company with written confirmation of compliance with the Bid Price Requirement. If the Company fails to comply again with the Offer Price Requirement on the Compliance Date, the Company may be eligible for an additional compliance period of 180 calendar days. To be eligible, the Company will be required to transfer to the Nasdaq Capital Market and meet the continuous listing requirement for the market value of publicly held shares and all other initial listing standards for the market. of Nasdaq Capital, except for the offering price requirement, and shall provide written notice of its intention to remedy the deficiency during the additional 180 calendar day compliance period, by effecting a consolidation of actions, if necessary. If the Company does not again comply with the Offer Price Requirement on the Compliance Date and is not eligible for an additional compliance period at that time, the Staff will notify the Company in writing that its common shares will be delisted. At that time, the Company may appeal the decision to dismiss staff to a Nasdaq Hearings Committee. There can be no assurance that the Company will regain compliance or otherwise maintain compliance with any of the other listing requirements. The Company intends to monitor the closing bid price of its Common Shares and may, if necessary, consider the options available to restore compliance with the bid price requirement.

© Edgar Online, source Previews

AIG Corebridge Unit Raises $1.68 Billion in Biggest IPO of the Year

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NEW YORK, Sept 14 (Reuters) – AIG Inc’s life insurance and pensions division, Corebridge Financial Inc (CRBG.N), raised $1.68 billion on Wednesday in its largest initial public offering. (IPO) of the year, braving market volatility and ending a seven-month lull in large listings.

AIG said it sold 80 million Corebridge shares at $21 per share, which was on the lower end of their stated target range of $21 to $24 per share.

The IPO values ​​Corebridge at $13.6 billion.

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All proceeds from the IPO will go to AIG and the new company is not raising new capital, according to an earlier filing with the U.S. Securities and Exchange Commission.

Selling shares of Corebridge could help bring the IPO market out of its hibernation. Russia’s invasion of Ukraine and runaway inflation causing interest rate hikes have fueled equity market volatility since February, making it difficult for companies to push listings higher.

U.S. IPOs are on track for their worst year in more than two decades, according to Dealogic, which tracks listing data dating back to 1995. So far, companies have raised about $18 billion. dollars this year, compared to more than 231 billion dollars during the same period. last year period, according to the data provider.

Other companies, including social media platform Reddit and software company ServiceTitan, have been forced to delay their IPO plans this year due to volatility.

Rising by $1.7 billion, Corebridge’s offering also marks the largest U.S. IPO this year, topping private equity firm TPG Inc’s $1.1 billion listing. (TPG.O) in January.

THE BIGGEST IPO OF 2022

AIG first announced that it would spin off its life and pensions unit and list it as a new public company in 2020, allowing the insurance giant to focus on its P&C business.

Such a move reflects a broader trend among insurers to focus on a single product offering, given their different shareholder return profiles; a trend that AIG had successfully fought for years, including a campaign by activist investors in the mid-2010s advocating such separation.

After selling a 10% stake to private equity firm Blackstone Inc (BX.N) for $2.2 billion last year, AIG filed for a Corebridge offer in March. It had originally planned to complete the listing by the end of June, before postponing it due to market turmoil. Read more

Houston-based subsidiary of AIG provides retirement solutions and insurance products in the United States

AIG will control nearly 78% of the company’s shares after listing, with Corebridge listed on the New York Stock Exchange under the symbol “CRBG”.

JPMorgan Chase & Co., Morgan Stanley and Piper Sandler Co. are the lead underwriters for the IPO. Bank of America, Citigroup and Goldman Sachs are also among the top underwriters for the IPO.

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Reporting by Echo Wang in New York; Additional reporting by David French; Editing by Anirban Sen and David Gregorio

Our standards: The Thomson Reuters Trust Principles.

Musk, Bezos and others see $50 billion in wealth hit by stock market crash

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  • 10 of the world’s richest people saw $50 billion wiped from their combined fortunes on Tuesday.
  • People like Elon Musk, Jeff Bezos and Warren Buffett have been hit hard by the stock market crash.
  • The combined wealth of the 10 men was down $295 billion or 20% for the year as of Tuesday’s close.

Ten of the world’s richest men saw an estimated $50 billion wiped out of their combined fortunes by Tuesday’s stock market crash.

Elon Musk’s wealth was hit by $8 billion as Tesla stock fell 4%, while Jeff Bezos’ net worth shrank by nearly $10 billion as his Amazon shares fell by 7% in value, according to the Bloomberg Billionaires Index.

Larry Page and Sergey Brin, the co-founders of Alphabet dubbed the “Google Guys”, each lost around $5 billion on paper due to the search giant’s 6% drop in stock price. advertising.

Similarly, a 5% drop in Microsoft stock dealt a $3 billion hit to the enterprise software titan’s co-founder, Bill Gates, and a $5 billion hit to its former CEO, Steve Ballmer.

Meanwhile, Warren Buffett’s net worth plummeted by $3 billion as Berkshire Hathaway shares fell, Larry Ellison’s fortune shrank by $2 billion as his Oracle shares fell in value and wealth of Mark Zuckerberg fell by $6 billion when Meta’s stock price fell.

Additionally, the wealth of LVMH CEO Bernard Arnault was cut by $4 billion, bringing his total wealth drop for the year to $43 billion. Bezos and Zuckerberg are also among the index’s biggest losers, with wealth declines of $42 billion and $68 billion respectively since early January.

As of Tuesday’s close, the combined wealth of the 10 men was down $295 billion or 20% for the year, reflecting a broad decline in stocks amid growing fears of stubborn inflation, interest rate sharply higher and a potential market downturn and recession. Yet their combined wealth still approached $1.2 trillion and they continued to rank among the top 20 richest people on the planet.

Eight of the top 10 names on the rich list saw their fortunes shrink on Tuesday. Only Gautam Adani and Mukesh Ambani, two Indian billionaires, recorded net worth gains that day. Adani’s wealth has jumped by around $70 billion since early January, while Ambani’s wealth has increased by around $4 billion.

Read more: Goldman Sachs: Buy these 25 unloved stocks that will outperform if the Federal Reserve tames inflation or goes too far and causes a recession

More than 12 listed companies under Sebi’s lens for accounting fallout

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By Ashley Coutinho

The Securities and Exchange Board of India (Sebi) is believed to be looking into cases of manipulation of financial positions by more than a dozen listed companies, including related party transactions.

Issues that have been highlighted include accounting treatment of debt and unapplied interest in accordance with GAAP and fraudulent manipulation of financial position; provisioning of bad debts and sale of these the following year; concealment of audit qualifications in quarterly disclosures; non-disclosure or improper disclosure in annual reports and misrepresentation of receivables, and corresponding provisioning to mislead shareholders about the companies’ financial health, according to a knowledgeable person.

MARKET HIGHLIGHTS: Sensex Rises for 4th Consecutive Day, Nifty at 18070 as Bulls Dominate D-St; RIL up

BSE Sensex, NSE Nifty

Sensex, Nifty end at 5 month high, Nifty support at 18,000, what are the charts saying? Investors watch US inflation data

SEBI, scholarshipthe stock market? The boss of SEBI denounces poliomyelitis, market smallpox; no opinion on IPO price”/>

What was paralyzing the stock market? The boss of SEBI denounces poliomyelitis, market smallpox; no opinion on IPO price

stocks to watch, stocks in brief, stocks in the news, tcs, ntpc

Shares of TCS, HDFC Life, Vedanta, Ujjivan Small Finance Bank, NTPC and Muthoot Capital Services are in the spotlight today

Also Read: Sebi Issues Guidelines for Foreign Investments by OFIs, VCFs

Companies enter into transactions with related parties in the form of the sale of goods or loans. The same money is transferred from one entity to another and then rerouted to the listed company or its promoters through these companies. In the process, all related companies see their capital or net worth increase and are able to obtain more financing from banks.

“The money ultimately goes to the promoter. In the books of listed companies, it is recognized as a provision for loans or loans and transactions are amortized by depreciation of trade receivables. Depreciation is then disclosed through the help of audit firms in the notes to the accounts in the company’s financial statements. So effectively the company will say it’s all in the ordinary course of business and attribute it to adverse economic and business factors,” the person said.

The person added that companies go so far as to hinder the sale of an entire affiliate for a pittance.

Also read: Sebi mulls farm work for market making to deepen bond markets

“There has generally been concern among investors and regulators about the use of related party transactions to transfer economic resources and benefits to a group of shareholders and their related entities to the detriment of other minority shareholders. promoters or not,” said Sai Venkateshwaran, Partner, KPMG in India.

According to him, this has led to a periodic review of the regulatory requirements regarding the approval and disclosure of related party transactions, so that there is greater transparency and oversight of these transactions. “Stricter regulations also act as a deterrent to companies engaging in abusive transactions with related parties,” he said.

Recently introduced changes to Sebi’s listing rules, which are partially effective now and fully effective from April 1, 2023, move away from a rules-based definition of related parties and covered transactions. principle-based approach and moving from the legal form of arrangements to examining their substance, experts said. Under these new rules, transactions undertaken with unrelated parties, where the ultimate beneficiary is a related party, would be covered.

“Greater requirements for oversight and approval by the publicly traded parent company’s audit committee and increased regulatory reviews of company filings, both by Sebi and NFRA, will also bring greater great rigor to compliance in this area and will deter any undesirable practice,” Venkateshwaran said.

“In a bull market, when valuations are based on earnings or multiples of earnings, this kind of shenanigans are inevitable, whether in the private or listed markets. This will be especially common in mid- and small-cap companies. which are generally under-researched,” said Shriram Subramanian, Founder and MD, InGovern Research Services.

According to him, investors are often guilty of simply watching the headlines and not doing adequate research. “Financial influencers have also been guilty of driving up stock prices by focusing only on metrics such as multiple PEs, RoE and RoCE without digging deeper or performing channel checks. It’s only in bear markets that most of these manipulations come to light,” he said.

An email sent to Sebi late in the evening did not immediately receive a response.

Sebi had recently settled a case with property company Sobha and four people in a case related to fraudulent transactions and disclosure failures for Rs 2.92 crore. Sebi had investigated certain dealings of Sobha with DK Shivakumar and his family for fiscal years FY17 to FY19. It was alleged that Sobha fraudulently misrepresented the claims relating to the construction of the DKS residence during those years and the corresponding provisioning for it during that time. This reportedly led to the publication of manipulated financial results for all three years, which painted the wrong picture of the company’s financial health.

Should we subscribe to the IPO of Harsha Engineers? Here’s what analysts are saying

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The Harsha Engineers International (HEI) initial public offering will open for subscription on Wednesday September 14 and will close on September 16. The price range is set at Rs 314-330.

The company, which provides rolling cages, plans to raise Rs 455 crore through a new share issue and Rs 300 crore through a sale offering.

HEI operates under two segments – Engineering business in which it manufactures bearing cages (brass, steel and polyamide), complex and specialized precision stamped components, brass castings, etc.

The other division is the solar EPC business, where it provides complete turnkey solutions for all solar PV needs.

Its products have many applications in end-user industries such as automotive, railroad, aviation and aerospace, construction, mining, agriculture, electronics and renewable energy. .

The company holds a 50-60% market share in the domestic organized roll cage market, while it holds a 6.5% share in the global organized outsourcing market, meeting 75% of global demand.

Its exports account for almost two thirds of its turnover and it supplies its products to customers in more than 25 countries in North America, Europe, Asia, South America and Africa.


Main risks: Depends on a limited number of customers for revenue. High exposure to fluctuations in exchange rates. The recent reorganization of the company may cause administrative and operational difficulties.

Here’s what brokers are saying about the company:

Motilal Oswal | SUBSCRIBE FOR SIGNUP GAINS

HEI has recently branched out into the production of bronze bushings, sand casting, and specialty stamped components to meet the needs of end-user industries like wind power, mining, and shipping. It plans to grow this low-volume, high-value segment over the next 3-5 years. Additionally, it is well positioned to meet the growing demand for bearing cages across all industries.

Its growing focus on other specialty precision components and the growing electric vehicle segment could boost its EBITDA margins. Given the resumption of growth in automotive/auxiliary and strong mid-cap momentum, we expect the IPO to go well.


Investmart swastika | SUBSCRIBE

The company has managed to carve a lion’s share of the Indian roll cage market with its first mover advantage as it was the first player to persuade bearing players to outsource the cage manufacturing rather than to produce it in-house.

The government’s focus on infrastructure, agricultural reforms, boosting private capital spending and growing demand for housing and real estate bode well for the company’s prospects.

This is a proxy play on India becoming a global manufacturing hub theme, and given the positive growth prospects, experienced management and competitive advantages, we have rated it “undertake ” at the question.


LKP securities | SUBSCRIBE

HEI has established a strong relationship with its customers who are the world’s leading bearing manufacturers in all industries. The global bearing cage market is concentrated with the top 6 players holding a 54% market share in FY22. As of March 31, HEIL supplied each of these six companies. The company’s top 10 customers have contributed 45-48% of its total revenue over the past 3 years. She also maintains a long-term relationship with her clients.

At the upper end of the Rs 330 price range, it is valued at 27.7x FY22 earnings, which is reasonable compared to its peers.


Angel One | SUBSCRIBE

The company has expertise in tooling, design development and automation and has strategically located domestic and international production facilities and warehouses.

Of its 4 manufacturing plants, two are in Changodar and Moraiya (near Ahmedabad in Gujarat), and one in Changshu, China, and one in Ghimbav Brasov in Romania.

Its consolidated PAT grew at a CAGR of 105% in FY20-22 thanks to margin expansion. Its diversified product portfolio and solid expertise are not yet factored into valuations.


Religare Brokerage | NEUTRAL

The brokerage expects the company to benefit from an increase in outsourcing of bearing cages by global companies. He estimates that the global market is expected to grow at a CAGR of 6-8% over the period 2021-2029. In addition, the company plans to strengthen its leadership in the bearing market as well as seize opportunities in the electric vehicle segment, which has good room for growth.

What are the different Wrestling formats?

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It is one of the oldest combat sports in the world.

The sport of wrestling is one of the most popular sports in the world. The origin of the sport dates back approximately 15,000 years. Today, various countries around the world have developed their versions of the sport.

All forms of wrestling involve many types of grappling techniques, hand-to-hand combat, throws and takedowns, joint locks and pins. It is the art of gaining superior position over an opponent and incapacitating him by using his body weight as leverage. There are many different versions of wrestling depending on the culture in which it was developed. In countries around the world, a unique version of wrestling can be found.

In this article, we will list some of the most famous types of wrestling forms.

freestyle

First on the list is one of two forms of wrestling that feature in the Olympics – Freestyle. In freestyle wrestling, the goal is to throw and pin an opponent to the mat, which, of course, results in an immediate victory. A unique feature of freestyle wrestling is the use of a wrestler’s legs in both attack and defense. The sport is also contested at a wide variety of weight levels including light flyweight, flyweight, bantamweight, featherweight, lightweight, welterweight, middleweight, light heavyweight, heavyweights and super heavyweights.

The rules are as follows –

  • It is illegal for an athlete to lock a leg scissoring motion into their opponent’s head, neck, or body. However, scissor movements on the legs or arms are allowed.
  • If a wrestler is deemed passive, they will be placed on a 30 second timer. If no athlete manages to score points during these thirty seconds, the opponent is awarded a point. The passive athlete will also receive a warning.
  • If a wrestler receives three warnings during a fight, he will be disqualified from the fight.

Greco-Roman

It is a style of wrestling that was introduced in the first modern Olympic Games in 1896 and has been included in all editions of the Summer Olympics since 1904. Greco-Roman wrestling, unlike freestyle wrestling, does not does not allow for below-the-waist holds, or the use of the legs in attack and defense. This set of rules instead allows for an emphasis on throws, as it prohibits trip outs, in addition to snagging or grabbing the leg. Greco-Roman wrestling is believed by many to be the oldest sport on the planet, with ancient rock drawings suggesting competitions may have been held as early as 3000 BC.

The rules are as follows-

  • Holds below the waist are prohibited. This includes grabbing the opponent’s knees, thighs, or legs.
  • Trips, kicks and knee strikes are also prohibited.
  • Each round of combat is separated into three segments: a segment of 60s for combat in a neutral position (on their feet), and two sequences of 30s for combat on the ground (on the mat).
  • The wrestler who scores the most points in the 60s neutral stance segment will be granted top-flight advantage for the ground wrestling period. If the wrestler on top cannot score any points, their opponent on the bottom receives one point for good defense. The wrestlers then switch positions to allow both athletes to gain points in the lead.
  • If no wrestler scores points during the first neutral stance segment, the referees flip a coin to determine who starts the ground fight sequence at the top.
  • The goal is to collect as many points as possible during each segment, as this gives the wrestler the best possible chance of securing a points victory if a fall cannot be achieved.

Alysh Belt Wrestling

The word “Alysh” which means “fight to determine the strongest” has its roots in ancient Turkish and was chosen by the International Belt Wrestling Federation to embody the coming together of all styles of belt wrestling worldwide.

Belt wrestling matches are 5 minutes for men and 4 minutes for women. Competitors wear white pants and a blue or green jacket with a red belt. While holding the belts, they try to throw their opponent on the mat. Technical points are awarded based on the type of throws: One point if the opponent lands on a knee or butt, two points if the opponent presses to the side or a hip, and six points if the opponent presses the back. The first contestant to score six points wins the match. The rules adopted are simple so that all national styles of belt wrestling can be expressed within a generic form of the genre.

Technical points are awarded based on the amplitude of the throws: 1 point if the opponent lands on one knee or on his buttock, 2 points if the opponent lands sideways or on one hip, and 6 points if the opponent lands on his or her buttocks. his back. The first contestant to score 6 points wins the match.

Pankration

The word Pankration comes from the Greek words “Pan” and “Kratos” meaning “one who controls everything”. It is a World Heritage martial art with the unique distinction of being the only existing martial sport that can trace its roots to the ancient Olympic Games from 648 BC to 393 AD. Today, pankration is developed by United World Wrestling as a mild form of mixed martial arts (MMA). It is forbidden to hit the head. The pankration is practiced by both men and women, according to the same rules.

In addition to individual competition, pankration includes two forms of team choreographic competition that can be performed with or without weapons. “Palaismata” takes place between two athletes and aims to assess their level of knowledge. As “Polydamas” unfolds between a defendant and three attackers to simulate a dangerous situation for the athlete to overcome. A pankration is an effective form of self-defense that can be used for police and security training.

The rules are as follows-

  • Pankration competitions will take place inside a ring or cage or on mats of adequate size. Competitions that are not held in a ring or cage must have a safety mat surrounding the competition area at least 2 meters on all sides.
  • Enclosure components, including all side guards and strings, should be inspected for suitability and safety prior to the first game.
  • If a boxing ring is used, each side of the square boxing ring (the length of the rope on one side) must measure a minimum of 4.5 meters and a maximum of 6.00 meters. It must consist of at least five strings for a pankration match.
  • The minimum diameter of each of the five ropes must be 2.5 cm (1″).
  • The lowest rope should be placed 20cm (8″) above the platform, while the top rope should be placed no more than 1.30m above the platform.
  • All strings should be covered with tight-fitting soft materials.
  • All four corners must be metal. The diagonal distance between opposite corners should not exceed 10.6 meters (outside measurement).
  • The height of the corners must not exceed 1.30 meters (52″) above the ring platform.
  • All corners and protrusions of a ring or cage should be adequately covered to prevent possible injury.

pahalvani

The origin of the “Pahlavani struggle” dates back to ancient Persia. It would have been practiced by Iranian mythological heroes during battles. Pahlavani wrestling was originally used to train warriors. It combines martial arts and wrestling techniques, calisthenics, bodybuilding and epic music. It is recognized by UNESCO as one of the oldest forms of sport in the world.

The person who has been trained well and defeated others would call Pahlavan or hero. Pahlvani heroes are popular among people.
This style of wrestling pits two competitors against each other who try to take control of each other by throwing it over their shoulder.
In Pahlavani wrestling, wrestlers wear pants that extend from the waist to below the knees and contain a belt to hold the pants up.
In this style, a wrestler is allowed to use or grab pants or a belt as a grip. Also, the wrestler can use legs, waist, clinch, leg moves, and more likely lifting and throwing.

Unlike mat wrestling, there is no point system; a win is achieved by simultaneously pinning the opponent’s shoulders and hips to the ground. Although a victory by knockout, stoppage or submission is also possible. In some variations of the rules, it is enough to nail the shoulders down. Fights are overseen by a referee inside the ring and a panel of two judges watching from the outside.

Wrestling on the beach

Beach wrestling competitions take place on the sand of the beach. It is a style of standing wrestling, where no movement occurs on the ground. The sport is practiced by men and women in many countries around the world.

The rules of beach wrestling are quite simple. The first wrestler to three points wins. Matches are played on the beach in a circle seven meters in diameter and one point is awarded for a takedown or pushout. If there is a feet-to-back takedown, two points are awarded. Matches are a three-minute period with no overtime. There is also no struggle up or down. Once a takedown has taken place, the wrestlers are relieved.

If the score is tied after three minutes, the winner is based on criteria. The first set of criteria examined is the highest value stock. So if the score is tied at two, and one man had two one-run takeouts and the other had a two-run foot-to-back takeout, the latter wins the game. If this set of criteria does not apply to the match, the last person to score would win.

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Natures Gentle Touch Mulls Public Listing, Global Expansion

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Nigeria’s largest hair care manufacturing company, Natures Gentle Touch (NGT), which celebrated 25 years of business in the country this weekend, plans to list on the Nigerian Stock Exchange (NGX) and expand its manufacturing footprints to different parts of the world.

The company that set the tone for Made in Nigeria products at a time when it was buying the class flagged overseas and the best option, and created uncommon marketing by targeting women and young people in Nigerian universities, has said it paid off as it helped many women. to discover their unique personal styles.

Speaking to reporters at a virtual event, to mark the company’s 25th anniversary, an industrial chemist and Founder/CEO, Natures Gentle Touch, Chika Ikenga, said a strong desire to help every woman express, maintaining and stamping her unique personal style and identity on her surroundings prompted a Nigerian woman 25 years ago to create the necessary hair care and beauty products.

He noted that it had been a difficult take off but they were determined to weather the storm and overcame initial resistance and sabotage from middlemen or distributors. The company created personal care solutions to allow every woman to unleash her unique style and individuality, but was met with doubts from the market, including hair salons, a situation that distributors have exacerbated.

But NGT overcame both by raising a platoon of influencers from an army of young people in Nigeria’s universities. The journey between the brand and the young elite has blossomed into something that can only be described as joyful and charming over the years, with the trust established by seeing the solutions provided by Natures Gentle Touch gain global appeal and acceptance.

“Our competitors had big advertising budgets, which we didn’t. What we have done is go to tertiary institutions like UNILAG, ABU, UI, IFE, UNIJOS and other public universities in Nigeria. We went knocking on their doors, we encouraged them to adopt Nigerian products. We had icons like Oluchi Onweagba, Agbani Darego to advertise for us. Many people still believed that we were a foreign brand.

According to Ikenga, Natures Gentle Touch is focused on replicating its unique service offerings in other markets around the world after discovering that many, especially Africans, use their hair to express their style and identity.

This has seen the company acquire a cosmetics company in the Republic of South Africa with sights firmly set on other African countries and other parts of the world. “We are at a point where we want more and more people to be able to access the solutions we offer around the world.

“The acquisition in South Africa is a signal of intent. We want to establish our footprints in other African countries and other continents. “We may also consider offering members of the public the opportunity to become part of the ownership by issuing and listing our shares,” Ikenga added.

While many may envision the success of a company that has survived 25 years in terms of its balance sheet or bottom line, Ikenga’s contentment is to redefine the personal lifestyle segment, a feat its efforts have allowed in Nigeria.

He said: “We are proud to be the all-Nigerian brand, which has stood firm and taken the bold step to empower Nigerian and African women with the knowledge to express themselves through both their hair and their style. of personal life.”

“People normally think it’s a foreign brand. We wanted to change the attitude of Nigerians who don’t believe in made in Nigeria, that’s why we launched Nature’s Gentle Touch. We set out to create a better product than Secondly, it was about attacking the scalp of Nigerian women.

“I started my research in 1993 and in 1995 I had to quit my paid job and that’s how we started fully in 1997. We commercialized in 1997. NGT started as a hair straightener and not really the scalp.

Today, more and more people believe in products made in Nigeria. We have laid the groundwork which has seen more people owning made in Nigeria products. At the beginning, we encountered several roadblocks. Many people believed that abroad was better. Many people were also leaving Nigeria but I told myself that I would not leave Nigeria.

Recalling the early days of the company, Ikenga pointed out that when distributors seemed to be a stumbling block for the brand to enter the market, they avoided them and took over the market directly. “Our story cannot be complete without mentioning Nigerian tertiary institutions, especially the University of Lagos,” Ikenga noted.

He recalls that budgetary constraints would not allow them to add conventional marketing to their strategy. However, they have found a way around this problem by using word of mouth, person to person marketing in Nigerian universities. The University of Lagos served as a launching pad from which other universities were added.

Convincing the teeming population of young people into institutions of higher learning was always going to be difficult. They were already used to foreign products and “our branding made them think Natures Gentle Touch brands were imported,” Ikenga said.

However, once convinced of the quality, they adopted the solutions offered by the NGT brands with both hands. Ikenga trained as an industrial chemist. During his work, he realized that many African women struggled to discover their personal way of life and display their identity as strongly as they would have liked.

He was inspired to create an organic solution for each person. This is how Natures Gentle Touch set out to develop and deploy personalized lifestyle solutions in the areas of hair care and skin care.

According to Ikenga, “We found that up to 80% of Nigerian and African women needed bespoke hair care solutions, due to weather, diet and other factors. The passion to solve them gave birth to Natures Gentle Touch.

“Our core offering is personal styling solutions. In our business model this is best delivered through our hair salon. We only had one in Isolo. We have added two more in Victoria Island and Ikeja GRA.

“Often we talk more about the hair salon than the products because we want people to experience it and discern for themselves. I don’t recall any hair or skin issues that were filed that Natures Gentle Touch did not address,” the GMD pointed out.

NGT’s success story is that the personal styling solutions it offers have charmed a number of high-profile celebrities, beauty queens and discerning women. The brand serves those who can afford it, but delivers on all its promises consistently.

US-based Nigerian model Oluchi Onweagba was among those associated with Natures Gentle Touch. She proudly showcased the custom styling solutions provided by the brand. Another notable beauty queen who has endorsed NGT is former Miss World, Agbani Darego.

Those who know Onweagba and Darego proclaim that for these icons to put their names and personal marks on anything, their personal style, it has to be worth it. On the world stage, beauty queen and model, Leila Lopes is also known for proudly embracing the marketing of Natures Gentle Touch personal lifestyle solutions some time ago.

UBS sees its “ABC of technology” at an inflection point

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cemagraphy

According to UBS, AI, big data and cybersecurity are at an inflection point that should see faster adoptions over the next few years.

Demand for what she calls “the ABCs of technology” is underpinned by “powerful secular trends around automation, analytics and security,” said the UBS strategist Sundeep Gantori wrote in a note.

“We expect the combined revenues of the three segments to grow from $386 billion in 2020 to $625 billion in 2025, implying an average clip of 10% per year, higher than the mid to high numbers we forecast for the industry. technological in the broad sense (NYSEARCA:XLK),” Gantori said.

“We believe investors would be better rewarded by investing in a diverse group of incumbents and disruptors with exposure to all three key segments,” he said. “We are reducing the weighting of disruptors to 10% (and increasing the weighting of incumbents to 90%) due to the uncertainty of near-term valuations in a rising rate environment.”

Disruptive actions on the focus list:

  1. CrowdStrike (CRWD) – “Strong secular tailwinds from the growing cloud computing market will help bolster its top-tier growth.”
  2. Fortinet (FTNT) – “As a leader in cybersecurity, we believe it is well positioned to capture secular growth trends.”
  3. Palo Alto Networks (PANW) – “Long term, we expect the company to gain market share in the highly fragmented cybersecurity industry due to its differentiated platform and targeted acquisitions, as well as its growing interest in cloud-based security solutions.
  4. ServiceNow (NOW) – “ServiceNow is well positioned to capture the growth in demand for digital transformation services, thanks to its strong ecosystem of competitive products.”
  5. Splunk (SPLK) – “The company should continue to see strong revenue and billing growth thanks to continued adoption by new users as well as strong renewal rates and upselling activity in its base. installed.”
  6. Workday (WDAY) – “We believe it is well positioned to take advantage of cross-selling opportunities in planning, procurement and analytics software.”
  7. Zscaler (ZS) – “As a leader in cybersecurity, we believe it is well positioned to capture secular growth trends.”

Historical actions on the focus list:

  1. AMD (AMD) – “As a key incumbent in the ABCs of technology, AMD is well positioned to take advantage of secular growth in data centers, AI, consoles and accelerators, given of its leading position in the GPU and microprocessor segments.”
  2. Alphabet (GOOG) – USB favors “Alphabet for its top-notch AI-powered search and advertising.”
  3. Amadeus IT Group (OTCPK:AMADY) – “We believe that the constant innovation of its products and services around the integration of machine learning models will help improve its value proposition.”
  4. Applied Materials (AMAT) – UBS favors “AMAT because of its leadership in semiconductor equipment, an industry that should benefit from strong demand for chips driven by big data and AI.”
  5. ASML (ASML) – “We believe ASML deserves a higher valuation (P/E) given that the company is well positioned to benefit from the increased silicon content of smart devices and its migration to advanced technology ultraviolet lithography.”
  6. Broadcom (AVGO) – “Broadcom is attractively valued (based on P/E) given its steady revenue growth and strong free cash flow generation. »
  7. Capgemini (OTCPK:CGEMY) – UBS loves “Capgemini for its competitive AI and analytics services, enabling enterprise clients to implement market-ready AI and big data solutions.”
  8. Check Point Software (CHKP) – UBS favors “Check Point for its consistent global stock list, buyback strategy, relatively attractive free cash flow performance and renewed efforts to drive growth through product innovations” .
  9. Cisco Systems (CSCO) – “We are confident that its continued cybersecurity and AI product innovation will help fuel long-term growth.”
  10. Cognizant Technology (CTSH) – A “leading IT services provider with a strong ability to scale AI initiatives for enterprise customers.”
  11. Dell (DELL) – “We believe Dell will remain a dominant player as demand for big data integration and artificial intelligence among enterprises is likely to increase over the next decade.”
  12. Gartner (IT) – “Gartner is well positioned to benefit from its robust data access, technology spend and advisory services.”
  13. HP (HPQ) – “HP is well positioned in the still nascent 3D printing market.”
  14. Intel (INTC) – “We expect the company to make meaningful improvements to its manufacturing process and limit share losses to manageable levels.”
  15. Lam Research (LRCX) – UBS likes “LAM Research for its leadership in semiconductors, with memory capital spending as a powerful long-term catalyst.”
  16. Marvell Technology (MRVL) – “We expect the company to outperform its longer-term revenue model given a strong backlog in all end markets.”
  17. Micron Technology (MU) – “Micron’s profitability should improve amid firm DRAM prices and continued cost improvements.”
  18. Microsoft (MSFT) – “Its valuation is still attractive relative to its large-cap peers on a free cash flow basis.”
  19. MSCI (MSCI) – “MSCI is poised to make the most of the strong growth in its Big Data solutions.”
  20. Nvidia (NVDA) – UBS likes Nvidia “given its market-leading position in GPUs, an important semiconductor used for AI.”
  21. Oracle (ORCL) – “We believe estimates have likely bottomed and expect revenue growth to stabilize from its cloud and big data offering.”
  22. Taiwan Semiconductor (TSM) – UBS favors “TSMC for its defensive business model and its exposure to several long-term growth segments like artificial intelligence and the Internet of Things.”
  23. Texas Instruments (TXN) – TXN stands to “benefit from the growing semiconductor content in the automotive industry, with AI and big data as additional enablers.”
  24. Thomson Reuters (TRI) – TRI expects to “continue to gain market share, supported by its differentiated product offerings for knowledge workers.”
  25. VMware (VMW) – “VMWare will benefit from the growing trend of companies migrating to the cloud.”

SA contributor JR Research advises buying the technology by hand.

Lottery.com loses four board members as stock slide continues

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Posted: September 9, 2022, 6:39 a.m.

Last update on: September 9, 2022, 06:51h.

Shares of struggling Lottery.com (NASDAQ:LTRY) closed higher today. But that doesn’t hide a weekly decline of 15.50% – a decline that was accelerated by news of four board member resignations.

lottery.com
Anthony DiMatteo, former director of Lotter.com. He is one of several board members who resigned this week. (Image: CBS News)

This week’s collapse by the internet lottery company extends the stock’s year-to-date loss to 95%, while raising new questions about the company’s prospects for survival.

On September 2, 2022, Lisa M. Borders, Steven M. Cohen, and William C. Thompson, Jr. each resigned as a member of the company’s board of directors and any committee. On September 8, 2022, Lawrence Anthony DiMatteo III resigned as a member of the Company’s Board of Directors and all Committees. All resignations were effective immediately,” according to a Form 8-K filed with the Securities and Exchange Commission (SEC).

This adds to Lottery.com’s growing woes, which include the recent delay of its 10-Q filing in Q2 and warnings that it may not have the capital to survive.

Lottery.com on the verge of losing its Nasdaq listing

AutoLotto, which does business as Lottery.com, debuted as a stand-alone public company last November. This follows a merger with special purpose acquisition company (SPAC) Trident Acquisitions Corp.

Due to the stock’s long run below $5 — and more recently $1 — the Nasdaq may warn the gaming company that delisting is a possibility if the stock price doesn’t rise. not. As it stands, Lottery.com is telling the exchange operator that it violates other listing standards.

“On September 9, 2022, the Company notified The Nasdaq Stock Market LLC (“Nasdaq”) that, as a result of these director resignations, the Company was no longer in compliance with Nasdaq Listing Rule 5605 ( b)(1), which requires that a majority of the board of directors be composed of independent directors as defined in Rule 5605(a)(2) and Nasdaq Listing Rule 5605(c)(2) ), which requires that the audit committee of the board of directors be composed of at least three members, each of whom is an independent director under Nasdaq listing rules and who meet enhanced independence standards for members of the audit committee, according to 8-K.

With the four aforementioned departures, the Lottery.com Board of Directors is down to five members. The company said it was working to identify and appoint “new independent directors as soon as possible.”

Lifeline Lottery.com

Lottery.com’s misfortunes, which are largely attributable to an accounting scandal and subsequent shareholder class action lawsuit, put the company in a precarious financial position. Some of that pressure may come easy, as the gaming company has secured a loan deal with Woodford Eurasia Assets Ltd.

“The term sheet provides for a convertible loan of $2.5 million to be funded no later than five business days after the fulfillment of its conditions, such as the receipt of directors’ resignations and the appointment of two new board members. administration and an interim general manager. director of the company, according to the filing with the SEC.

Lottery.com will not pay interest on the loan, but it is trading 15% of its equity at a 25% discount to the average closing price for the 10 days prior to September 6.

LEGO Marvel Black Panther (76215) “Wakanda Forever” Tie-In Now Listed

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If you’ve been following our LEGO Marvel related news, you know that “Black Panther: Wakanda Forever” is coming in November. You would also know that this MCU movie has tie-in sets that are set to launch next month in October. It’s really the least we can do to hype this movie. After all, it doubles as a tribute to the late Chadwick “T’Challa” Boseman. Now granted, the next LEGO Black Panther links are a bit on the early ages side. The same goes for the figurine keychain. Luckily, LEGO has sets for AFOLs who collect Marvel, as revealed this week on LEGO Shop.

The range of bricks true to form has the details on this new “Black Panther: Wakanda Forever” link set. What could be more epic than a bust of T’Challa in costume, as depicted in Black Panther (76215)? The build even features his forearms in the now iconic “Wakanda Forever” salute. Or alternatively, the arms are detachable so you can display just T’Challa’s head as a traditional (brick) bust. This is a gorgeous 18+ addition to LEGO’s “BP:WF” merch, so mark your calendars for October 1st. That should give collectors a month to build while they wait for the movie itself. And now, the list of LEGO.com products:

Black Panther (76215)

18 and over | 2,961 pieces | $349.99 | Coming October 1

Adult Marvel Avengers fans can dive into a creative modeling project with LEGO® Marvel Black Panther (76215). This collectible celebration of the Infinity Saga from Marvel Studios is guaranteed to be a conversation starter wherever it is placed.

  • Black Panther Display Piece – Celebrate Marvel Studios’ Infinity Saga with this nearly life-size LEGO® Marvel Black Panther (76215) build and display model for adults
  • Realistic Details – The model rests securely on a stand with an attached information plaque. Hands include articulated fingers and detach from the main model for increased display possibilities
  • Escape the Everyday – As this building project unfolds piece by piece, it brings the style and spirit of the Marvel Cinematic Universe into the real world

Meghan Markle’s father shares his heartfelt feelings over the Queen’s death

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There’s no denying that Meghan Markle has a strained relationship with her father, Thomas Markle – which is why it came as a bit of a surprise when he chose to comment publicly on the death of his son-in-law’s grandmother, the Queen Elizabeth. II, deceased. As the world came to a halt on September 8 following the tragic loss of Elizabeth, a word of public grief from the Duchess of Sussex’s father was one of the most interesting messages of the day.

Speaking directly to the Daily Mail, Thomas said: ‘My heart goes out to the Royal Family and the people of Britain for the loss of the most beloved and admired Queen Elizabeth. He continued, “Her service, grace and devotion mark the end of an era and she will always be cherished in our memories.” His tribute to the Queen did not stop there. “Truly a loss to the world,” Thomas said. “In a way, it’s like we’ve all lost a member of our family.”

Thomas’ feelings for the royal family weren’t always as kind as the words spoken above. According to NBC News, he once shared that he felt entitled to compensation from the family.

“They owe me,” Thomas said in a documentary called “Thomas Markle: My Story.” “The Royal Family owes me, Harry owes me, Meghan owes me. What I’ve been through, I should be rewarded.”

Reliance Retail lines up popular brands that buy

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By Kritika Arora

After announcing its foray into the FMCG sector, Reliance Retail is working on an aggressive plan to build a strong portfolio in the space with a host of popular brand acquisitions. Industry and trade sources told FE that the company is in talks to acquire renowned spice maker Mahashian Di Hatti (MDH). Besides, he is also eyeing one of the biggest spice makers in Tamil Nadu, Aachi Masala. The company has invested in Tamil Nadu’s Udhaya Krishna Ghee and may strike a deal with it.

Trade sources have observed that the acquisition of these brands will give Reliance Retail the necessary boost for its FMCG game. For example, MDH is one of the largest spice manufacturers in the country and has a significant presence in northern India. It sells more than 60 products in the country and has a network of 1,000 dealers and thousands of dealers. The company can produce 30 tons of spices in a day, according to its website. Similarly, Aachi Masala has about 3,000 distributors.

When contacted, a spokesperson for Reliance Retail said: ‘As a policy we do not comment on media speculation and rumours. Our company regularly evaluates various opportunities. We have made and will continue to make necessary disclosures in accordance with our obligations under the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 and our agreements with stock exchanges. The target companies could not be independently reached for comment.

Days after news broke of the FMCG foray, it was reported that Reliance Retail had acquired beverage brand Campa Cola from Pure Drinks and beauty brand Insight Cosmetics.

It was also reported that the company was in talks with Bindu Beverages.

At the company’s 45th annual general meeting on August 29, Isha Ambani, daughter of Reliance Industries chairman Mukesh Ambani, who heads the retail business and is a director on the company’s board, announced the incursion. FMCG: “The objective of this company is to develop and provide high quality affordable products that meet the daily needs of every Indian.”

The company already has its own brands in the basics, home, personal care and general merchandise categories and with this foray it will compete with, among others, Hindustan majors Unilever, Dabur, Nestlé and Marico. .

Read also : Fujifilm India Launches “Never Stop: Innovating For A Healthier World” Campaign

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Boris Johnson says the Tories have ‘changed the rules’ as he complains about his impeachment in his final speech as Prime Minister

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Boris Johnson complained the Tories ‘changed the rules’ as he lamented his dismissal in his final speech as Prime Minister.

The incumbent leader said he was “passing the torch” to Liz Truss, before making a bitter reference to the revolt that ousted him just three years after winning the 2019 parliamentary election.

“The relay will be put back on in what unexpectedly turned out to be a relay race – they changed the rules halfway through, but never mind,” he told the No.10.

Despite speculation he is plotting a comeback, Mr Johnson has signaled he will retire from frontline politics after leaving Downing Street.

He said that, like the thrusters jettisoned as a space rocket shoots skyward, “I will now re-enter the atmosphere and crash down invisibly in a remote, dark corner of the Pacific.”

The outgoing Prime Minister also pledged the most ‘fervent’ support for his successor, Ms Truss, from the Tory backbench, and appealed to the Tories to end the infighting and come round to her .

Referring to his pet dog and the Downing Street cat, he said: ‘If Dilyn and Larry can put their occasional differences behind them, then so can the Conservative Party.’

However, Mr Johnson also raised his eyebrows as he compared himself to Roman military general Cincinnatus, saying he was ‘coming back to my plow’. Cincinnatus then returned to power as dictator.

In a bid to shape his legacy as Prime Minister, Mr Johnson said he was ‘proud to have delivered on the promises’ he made in 2019, claiming to have delivered Brexit and protection reform social.

He claimed he helped ensure Britain ‘held its head high in the world’ and bragged about ‘speaking with clarity and authority’ on Russia’s invasion of Ukraine .

But much of his speech consisted of a list of broken promises, in an apparent attempt to lock his successor into unfinished business, such as recruiting 20,000 more police and 50,000 nurses and building 40 new hospitals. , three high-speed rail lines and a nuclear reactor each year.

He also made it clear that he expects major intervention on energy bills during the cost of living crisis, saying: “I know that Liz Truss and this compassionate Conservative government will do everything in their power to help people get through this crisis.”

Mr Johnson said he was confident the new Tory administration would ‘give people the money they need to get through this energy crisis caused by Putin’s vicious war’.

Mr Johnson also hailed the successful rollout of Covid vaccines. “The people who have delivered the fastest vaccine rollout in Europe… That’s the government for you. It’s that Conservative government.

Labour’s shadow Foreign Secretary David Lammy said Mr Johnson listed ‘imaginary achievements’ in his resignation speech, describing him as ‘the worst prime minister of the modern age…. He was denounced as a liar and a charlatan. Good riddance.”

Ms Truss, who will travel to Balmoral to accept the role of Prime Minister from the Queen later on Tuesday, is expected to draw up plans for a bill freeze which could cost around £100billion.

The plan could see the government subsidize the extra cost of bulk gas bought by energy companies, according to The temperature. But energy industry chiefs have suggested the huge loans will be repaid by a levy on household bills once the crisis subsides.

She is expected to begin a cabinet reshuffle as early as Tuesday afternoon after delivering her first address to the nation as prime minister from Downing Street around 4 p.m.

Home Secretary Priti Patel and Culture Secretary Nadine Dorries have both resigned ahead of a reshuffle. Close Truss ally Therese Coffey – tipped to become health secretary and potentially deputy prime minister – said the new cabinet would be revealed today.

The Division Heartland: new details posted a little too early

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New details about Tom Clancy’s The Division Heartland have appeared on a Ubisoft Store listing, revealing more about the free-to-play shooter and its various game modes.

twitter user Unknown1Z1 posted a video of the games listing with a link to the corresponding page, which now returns a “404 – Page Not Found” error. The same information, however, appears on another Ubisoft Store page which highlights several images from the game as well as new details about the various gameplay features and character options available to players.

The game’s product description promises “Massive PvEvP” 45-player Storm Ops that will see players battle against “a group of dangerous Rogue Agents, an aggressive faction known as the Vultures, while surviving a virus. deadly”. There will also be “PvE Excursion Operations” for players to gather gear and “prepare the battlefield” before heading into battle.

Players will also have the option to be “one of six agents and choose between three classes each match, all with their own perks and skills,” but the in-game roster doesn’t confirm. when it will be possible. The Division Heartland is getting a very vague “coming soon” matchup instead of an actual release date, though that status may change with Ubisoft Forward around the corner.

Every Ubisoft game in development

Dubai road toll operator Salik to sell 20% of its shares through an IPO – document

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DUBAI, Sept 5 (Reuters) – Dubai road toll operator Salik said on Monday it was selling 20% ​​of the company through an IPO and targeting listing by the end of September.

Salik, which was transformed into a private stock company in June, is selling 1.5 billion shares, according to the prospectus. The offer price will be confirmed on September 22 and a listing is expected around September 29, he said.

The company, which was launched in 2007 and has 3.6 million vehicles registered on the toll system, is seeking to raise around $1 billion for stock, implying a $5 billion valuation, sources said. sources at Reuters.

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It is the latest state-controlled company to announce a public sale of shares as part of a government initiative to list 10 state-linked companies.

DEWA, ​​Dubai’s electricity and water utility, raised $6.1 billion in its April IPO, while the business park operator raised $463 million in June.

Salik, which means “open” or “clear” in Arabic, plans to pay a dividend for the second half of 2022 by April next year. The company also plans to pay out 100% of distributable net income as a dividend from 2023.

Salik said he could introduce so-called dynamic pricing which could see, for example, higher toll rates for the use of specific lanes or use during peak hours to potentially reduce congestion.

Salik reported a base profit of 800 million dirhams ($217.82 million) in the first half of this year, compared to 637.41 million in the same period of 2021.

Its IPO has three tranches, one offered to individuals, the second offered to professional investors and the third to employees. The Emirates Investment Authority, a federal sovereign wealth fund, will be allocated 5% of the shares.

Dubai’s Emirates NBD (ENBD.DU), Goldman Sachs (GS.N) and Bank of America (BAC.N) are the global co-coordinators of the deal, while Citigroup (CN), Egypt’s EFG-Hermes (HRHO.CA) and HSBC (HSBA.L) are joint bookrunners, according to the document.

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Reporting by Hadeel Al Sayegh; additional writing by Alexander Cornwell, editing by Muralikumar Anantharaman, Uttaresh.V and Emelia Sithole-Matarise

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Eased listing rules take IPOs to 26-year high, says PSE

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THE number of initial public offerings (IPOs) this year is the result of listing rules relaxed last year and the repeal of the IPO tax under a pandemic response law , according to the Philippine Stock Exchange (PSE).

“It helps that we relaxed our listing rules last year and the government repealed the IPO tax under Republic Act No. 11494, also known as Bayanihan to recover as a single act or Bayanihan II,” said PSE President and CEO Ramon S. Monzon. in a statement Friday.

Under Bayanihan II, Section 127(B) of the National Internal Revenue Code of 1997, which required a tax on the safe deposit, barter or exchange of shares listed and traded through the IPO on the basis of the gross selling price or the gross monetary value of the shares of shares sold, has been repealed.

Changes to PSE’s consolidated listing and disclosure rules were approved by the Securities and Exchange Commission (SEC) in March last year.

One is the inclusion of time-limited relief for IPOs filed in 2021 and 2022, which allows the PSE to review the applicant’s profitability for two fiscal years in the three fiscal years. most recent, excluding years that have been affected by the pandemic.

The market capitalization test has been removed from the main board registration requirements, and the profit test has been revised to show an aggregate net income of 75 million pula for the last three years and a net income of 50 million pula in the most recent financial year.

The profit test used to have the requirement of 50 million pesos for the last three years and a minimum profit before interest, tax, depreciation and amortization (EBITDA) of 10 million pesos for each of the three years as gauge.

For small, medium and emerging (SME) boards, candidates now have the option of meeting either the EBITDA requirement or the net sales or operating revenue requirement.

Under the amended rules, applicants must have accumulated net sales or operating income of at least 150 million pesos over the past three years.

PSE also shortened the operating background requirement for SME board candidates to two years from the previous three-year requirement.

Other amendments to the PSE listing rules include removing the minimum market capitalization of 500 million pesos and imposing a minimum equity of 500 million pesos as a measure of the financial status of major board candidates. administration.

Candidates for the board of directors of SMEs are no longer required to have a positive EBITDA in the last two or three financial years, preceding the candidacy, and to have a minimum authorized share capital of 100 million pesos.

PES has also introduced a sponsor model provision for the registration of SME board candidates which allows PES-accredited sponsors to endorse candidates who have not qualified on the basis of the registration requirements alone.

“There are several companies that are not eligible for the list solely on the basis of SME Council registration requirements. We want the stock market to be accessible to these companies and give them an equal opportunity to raise capital through equity financing, especially if they are profitable and have good growth prospects,” Monzon said.

PSE expects at least three more IPOs in the second half, bringing the number of IPOs this year to a 26-year high.

“We are seeing businesses needing capital to fund their post-pandemic recovery plans. In this time of high interest rate regime, selling shares to the public is a more viable option than taking out debt,” Monzon said.

Year-to-date, PES has had eight IPOs, the total number of IPOs for all of 2021.

“Although it is far from the PSE record of 21 IPOs, this will end single-digit IPOs since 1997,” PSE said.

The amount of capital raised from the sale of primary and secondary shares in the first half of the year reached 61.92 billion pesos, down 49.4% year-on-year compared to the fundraising amount of 122.46 billion pesos in the same period last year. .

Analysts said continued market volatility due to the Russian-Ukrainian conflict that has driven global commodity prices and inflation higher could further dampen the IPO in the second half of the year.

“Increased market volatility due to the Russian-Ukrainian conflict since February 24 [t]This has led to higher global commodity prices and inflation, as well as more aggressive Fed rate hikes or monetary tightening to quell high inflation, which could lead to downside risks. economy, even recession in the United States, [t]this could be a drag on IPOs and other equity sales in less favorable market conditions,” said chief economist of Rizal Commercial Banking Corp. Michael L. Ricafort in a text message.

Toby Allan C. Arce, head of sales at Globalinks Securities and Stocks, Inc., pointed out that there is still a lot of uncertainty that continues to add pressure this year.

“Companies need to be properly prepared and have a shrewd strategy in place if they are considering an IPO. They must be ready to take advantage whenever a market opening occurs,” Arce said in a Viber message.

Mr. Ricafort said that as the economy reopens to greater normality, it “will create greater certainty about new investments and expansion plans, as well as greater determination to raise capital for fund them”.

PSE will host Road to IPO 2022 on September 15 to help business owners appreciate the value of becoming a publicly traded company.

“We want this Road to IPO activity to dispel the idea that an IPO is a daunting undertaking. Through this forum, we want to demystify the IPO process and simplify what is seemingly technical about the IPO with the help of speakers who have conducted their own IPOs and those who are sought after by companies to help them on their IPO journey,” said Monzon. Explain.

The Road to IPO is a key initiative of the PES in partnership with the SEC and the Department of Trade and Industry.

Companies interested in participating in the event can register for free at https://bit.ly/TheRoadtoIPO2022.Justine Irish D. Tabile

New technologies add innovation and security to real estate data

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September 4—Over the past several months, the Santa Fe Association of REALTORS (SFAR) has migrated its multiple listing and data feed services to a new provider, CoreLogic. This essential step has improved services to members of the association by providing innovative and secure registration data services to support their customers and the real estate community.

In May 2022, SFAR began using the CoreLogic Trestle API data stream services. API, short for Application Program Interface, describes a method of transferring data that eliminates the need to copy lists between servers. API technology creates efficiencies in the collection and use of multi-listing data by attendees, vendors, and multi-listing services (MLS).

The API implementation benefits MLS participants and subscribers by providing them with improved access to MLS data, including faster registration updates and results, increased security, and ease of use in displaying property information. Other benefits include the use of standardized data fields that allow vendors and programmers to develop tools, applications, and other resources available from MLS to MLS participants or subscribers without the challenges associated with enforced data definitions. work locally. Additionally, there is the benefit of better MLS data accuracy, without information degradation, as well as the benefit of reduced costs for brokers and MLS to reformat and use MLS data with devices. mobiles.

In June 2022, the association launched its multiple listings service using CoreLogic Listing Management Platform Matrix, CoreLogic Property Insights Platform Realist, and CoreLogic Real Estate Secure Access SafeMLS. Matrix is ​​used by more than half of all real estate agents in North America. It delivers the instant MLS results real estate agents demand, with easy access for mobile devices, tablets, and computers. Realist is a public database that enhances multi-listing platforms, making it easier to find properties, assess market conditions and trends, find comparable sales, market to buyers and sellers, and create custom exports. Realist offers services designed to provide local market insights to better identify opportunities. SafeMLS provides front-end security for on-premises MLS for authorized member access to data and systems. The program minimizes the risk of shared accounts or unauthorized access by providing superior services to members.

CoreLogic has over 50 years of experience in the real estate industry and a blue chip client base. The company provides expertise in the design, development, implementation, optimization and support of multi-listing platforms. While today’s consumers demand access to all the vital data that can inform the purchase or sale of a home, CoreLogic provides real estate professionals with the information and information they need. to help customers make the best possible decisions. The company’s combined data from public, contributory and proprietary sources includes more than 4.5 billion records. These resources provide detailed coverage of property, mortgages, encumbrances, consumer credit rentals, and location and hazard risks, among other data.

The launch of CoreLogic and its suite of innovative MLS products advances the mission of the Santa Fe Association of Realtors to enhance members’ ability to conduct their individual businesses successfully and professionally.

Paco Arguello is CEO of the Santa Fe Association of REALTORS. Contact him at 982-8385 or [email protected]

New technology for Santa Fe Association of REALTORS (SFAR)

LoveRaw launches plant-based chocolate gift sets – Retail Times

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LoveRaw, the fastest growing plant-based chocolate brand, has launched its latest chocolate gift sets, which are expected to hit supermarket shelves as Christmas approaches.

The Hot Choc, M:lkshake, Cookie and Donut mix kits (RRP: £7-£14) will be available in select Tesco, Morrisons, Boots and Booths stores from next month. As well as containing DIY kits like donut moulds, mugs and a reusable LoveRaw mason jar, the gift sets will include LoveRaw’s iconic M:lk Choc Caramel Bar, M:lk Choc Creamy Peanut Butter Cups , a Smooth M:lk Choc bar and M:lk Choc Cre&m Wafer Bar.

The news follows a major listing of the brand at Asda earlier this year and follows the launch of the brand’s caramelized biscuit wafer and chocolate nut balls.

LoveRaw’s wider range of innovative, plant-based chocolate products are also available at Waitrose, Ocado, Co-op, Whole Foods Market and a number of smaller independents. All offer great taste without palm oil, dairy or artificial ingredients.

Manav Thapar, Co-Founder of LoveRaw, said, “We expect our new gift sets to help us reach an even wider audience, expanding our reach and making plant-based chocolate accessible to everyone. Our latest NPD has been a huge success, and this latest launch is yet another way to bring plant-based snacks to chocolate lovers.

Product information

Make Your Own Hot Choc Kit by LoveRaw

RER: £8 to £10

LoveRaw’s Hot Choc Gift Set includes vegan hot chocolate powder served in a lilac stoneware mug and can be enjoyed with a LoveRaw Caramel M:lk Choc velvety bar.

The addition of oat milk creates an indulgent, chocolatey treat.

Availablity: Tesco (October)

Create your own M:lkshake

RER: £7 to £9

Create a delicious vegan M:lkshake with mini marshmallows, LoveRaw® Creamy M:lk Choc Peanut Butter Cups and a reusable LoveRaw jar and straw. Just add ice cream, peanut butter and milk!

Availablity: Tesco (October), Morrisons (November)

Make Your Own Cookies with LoveRaw’s M:lk® Chocolate Bar

RER: £7 to £9

Make vegan baked cookies by combining vegan cookie mix and LoveRaw’s Smooth M:lk Choc Silky Bar, only unsalted vegan butter to add to the mix.

Availablity: Tesco (October), Boots (September)

Donut Mix Kit with LoveRaw M:lk® Choc Cre&m® Wafer

RER: £12-14

Enjoy creating delicious vegan donuts at home, topped with the iconic LoveRaw M:lk Choc Cre&m Wafer Bar sprinkled on top in just 20 minutes.

Availablity: Tesco (October)

LoveRaw Choc Treat Tower

RER: £8-10

Step up the Hot Choc game with LoveRaw’s Treat Tower, which includes vegan marshmallows and a LoveRaw Smooth M:lk Choc bar, simply mix with hot plant-based milk, sit back and relax.

Availablity: Tesco (October), Stands (October), Morrisons (November)

How to Create Web Applications with Python, HTML, and Thonny

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Python is a glue. We can use it to join different pieces of code together. As a language, Python is easy to learn and human readable, making it one of the most effective languages ​​for learning and general purpose programming. Part of Python’s charm is the many code modules that can be easily inserted into a project.

Thonny is a powerful yet simple editor for Python, and with the release of version 4, we wanted to use it to create a project. In this guide, we will be using the latest version of Thonny to create a web application that will extract Raspberry Pi stock data from rpilocator.com and use it to populate an array in our application.

RSS is a great way to share a stream of information. It can be used to stream news headlines, such as the Tom’s Hardware RSS Feed Where even the latest xkcd comic.

Note that the rpilocator RSS feed is not as up-to-date as the data on rpilocator.com. Think of this project as a notification system rather than a “sniping” tool.

Installing Thonny 4.0

Thonny is the default Python IDE on the Raspberry pie, but it is not limited to this machine. Thonny is also available for Windows, Mac, and Linux machines, and it can be used to write Python and MicroPython for devices like the Raspberry Pi Pico W and ESP32.

1. Open a browser to Thonny’s home page.

(Image credit: Tom’s Hardware)

2. Select the download for your operating system. For Windows, you have several options to choose from. The first choice is the most recent version of Python we recommend (3.10 at the time of writing). Then you have the choice to install Thonny on your machine or use a portable version. We recommend that you install Thonny on your machine.

(Image credit: Tom’s Hardware)

3. Click on the downloaded file to start the installation.

4. Click “More Info” to continue the installation. The new installation has a relatively unknown certificate and has not yet acquired a reputation.

(Image credit: Tom’s Hardware)

5. Click “Run Anyway” to continue.

(Image credit: Tom’s Hardware)

6. Click Next to continue.

(Image credit: Tom’s Hardware)

seven. Accept the license agreement.

(Image credit: Tom’s Hardware)

8. Check the box to create an icon on the desktop. This is an optional step, we chose not to do it because we prefer icons in the taskbar.

(Image credit: Tom’s Hardware)

9. Click Install to start the installation process.

(Image credit: Tom’s Hardware)

ten. Click Finish to complete the installation.

(Image credit: Tom’s Hardware)

Create our project with Thonny 4.0

Thonny is beginner-focused, but make no mistake, Thonny is a competent and comprehensive editor for makers. Thonny has a multi-window layout which can be changed to suit your needs.

1. Files: This is a basic file manager that can be used to open files in a project. Raspberry Pi Pico W and other MicroPython devices will open an additional pane that we can use to copy files to and from the device.

2. Coding area: This is where we create the project for our code. We can have multiple tabs, for multiple files.

3. Python case: The Python shell (REPL, Read, Eval, Print, Loop) is where we can see the output of our code and also interact with it.

4. Assistant: If your code contains a bug or violates a style guideline, it will be reported here.

(Image credit: Tom’s Hardware)

Install modules with Thonny

Python modules (sometimes also called “libraries”) are pre-written code segments that enable additional functionality. Popular examples include RPI.GPIO and GPIO Zero for the Raspberry Pi. Modules often summarize/simplify complex tasks. In our project, we will use two modules. PyWebIO is a module for creating HTML content using Python. It also creates a web server that we can use to quickly connect to our application. The second module is Feedparser, an RSS feed reader module that we will use to read the stock level feed from the Raspberry Pi rpilocator.

1. Open Thonny and make sure no project is open.

2. Click Tools >> Manage Packages. Thonny has a built-in GUI for the Python 3 “pip” package manager.

(Image credit: Tom’s Hardware)

3. Look for pywebio.This is the module we are going to use to generate a web page in Python.

(Image credit: Tom’s Hardware)

4. Click Install to download and install the module.

(Image credit: Tom’s Hardware)

5. Repeat the previous steps, this time install feedparser. Feedparser is a Python module for RSS feeds.

(Image credit: Tom’s Hardware)

6. Click Close to exit the dialog box.

(Image credit: Tom’s Hardware)

Write the project code

(Image credit: Tom’s Hardware)

Our goal is to create a Python project that will use data from the rpilocator RSS feed to populate a table. We’ll grab the current five inputs and display them in an HTML table, created using Python.

1. In a new blank document, import two modules from pywebio. The first contains the code to start a simple web server. The pywebio.output module is used to generate HTML elements such as tables and hyperlinks.

from pywebio import start_server
from pywebio.output import *  

2. Import the stream parser module.

import feedparser

3. Create a function called main.

def main():

4. Inside the function, create an object, “stock”, and use it to store the parsed output of the rpilocator RSS feed.

   stock = feedparser.parse('https://rpilocator.com/feed/')

5. Create three empty lists, in_stock, in_stock_link and category. These will be used to store the data retrieved from the “stock” object containing the RSS data.

   in_stock = []
   in_stock_link = []
   category = []

6. Create a for loop that will iterate five times.

   for i in range(5):

seven. Use “add” to add the stock status, link and category (reseller name) to the appropriate list. The RSS data stored in “stock” is a mixture of lists and dictionaries. For data in a list, we can use its numeric index, which is the value of i in our for loop. This will count from 0 to 4 when iterating the for loop. Data stored in a dictionary requires us to know the key (“entries” for example). Using the key will return its value.

       in_stock.append(stock['entries'][i]['title'])
       in_stock_link.append(stock['entries'][i]['link'])
       category.append(stock['entries'][i]['category'])

An example of RSS feed data displayed in Google Chrome (Image credit: Tom’s Hardware)

8. Outside of the for loop, create a popup notification using “toast”. The message can be a mix of a loud, and even emojis.

   toast('🍓I found Raspberry Pi in stock!🍓')

9. Use “put_html” to write an H1 HTML header element to the web page. We can use this function to write any HTML element to the page, but note that the PyWebIO module has many different ways to create specialized items.

   put_html("

Raspberry Pi Stock

")

ten. Create a list, “table” and use it to store two columns of data, taken from our in_stock, in_stock_link and category lists. The first row contains the Details and URL column headings. In Stock will print a brief description of what is in stock. Using “put_link”, we create an HTML hyperlink, the link text being the name of the reseller, stored in the category list, and the address stored in in_stock_link.

   table = [['Details','URL'],
       [in_stock[0], put_link(category[0],url=in_stock_link[0])],
       [in_stock[1], put_link(category[1],url=in_stock_link[2])],
       [in_stock[2], put_link(category[2],url=in_stock_link[2])],
       [in_stock[3], put_link(category[3],url=in_stock_link[3])],
       [in_stock[4], put_link(category[4],url=in_stock_link[4])],
       ]

11. Use PyWebIO’s “put_table” function to create an HTML table from our table object.

   put_table(table)

12. Use “put_link” to create a hyperlink below the table, in this case, that brings us to the source of Raspberry Pi’s stock levels, rpilocator.

   put_link('Data provided by RPiLocator',url="https://rpilocator.com")

13. Outside of the function, call PyWebIO’s “start_server” function and pass it three arguments. Arguments are our “main” function that will create the table from the RSS data. The port is set to 8080 and debugging is enabled through the Python shell and on our webpage.

start_server(main, port=8080, debug=True)

14. Save the code as RSS-Feed-Reader.py and click Run to start.

(Image credit: Tom’s Hardware)

15. Click the link in the Python shell to open the webpage in your default browser.

(Image credit: Tom’s Hardware)

Complete list of codes

from pywebio import start_server
from pywebio.output import *    
import feedparser
def main():
   stock = feedparser.parse('https://rpilocator.com/feed/')
   in_stock = []
   in_stock_link = []
   category = []
   for i in range(5):
       in_stock.append(stock['entries'][i]['title'])
       in_stock_link.append(stock['entries'][i]['link'])
       category.append(stock['entries'][i]['category'])
   toast('🍓I found Raspberry Pi in stock!🍓')
   put_html("

Raspberry Pi Stock

") table = [['Details','URL'], [in_stock[0], put_link(category[0],url=in_stock_link[0])], [in_stock[1], put_link(category[1],url=in_stock_link[2])], [in_stock[2], put_link(category[2],url=in_stock_link[2])], [in_stock[3], put_link(category[3],url=in_stock_link[3])], [in_stock[4], put_link(category[4],url=in_stock_link[4])], ] put_table(table) put_link('Data provided by RPiLocator',url="https://rpilocator.com") start_server(main, port=8080, debug=True)

Energy bills: could going abroad this winter save you money? | Domestic bills

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SRising energy bills mean many Britons are dreading the onset of winter and are considering big lifestyle changes to cope with the financial pressure. So, if your personal situation allows it, how about escaping abroad during the colder months of the year?

Tom Church, the co-founder of the savings community LatestDeals.co.uk, is one of them. He says he plans to pack his bags after concluding that his rising gas and electric bills will cost him more than renting somewhere in Europe this winter.

“I thought to myself, ‘What if I close the house, turn everything off and go for the dearest months? “, Church said. “If you are a tenant and can cancel your contract to move abroad for a few months, you can save hundreds.

Apartments are cheaper to rent and energy costs are often much lower, he adds.

The shift to flexible working introduced by the coronavirus pandemic means the idea isn’t as radical as it would have seemed a few years ago. The ability to do this of course requires a great deal of flexibility and is more likely to appeal to singles, couples, young families and retirees who work remotely than those with school-aged children. You must also be able to afford the initial accommodation and flight costs.

However, Church is not alone in considering his options, with online searches for “moving abroad” surging in recent months amid mounting pressure on the cost of living.

Last month, the UK energy regulator confirmed an 80% increase in the consumer price cap from October, which will take the gas and electricity bill of a typical household to £3,549 per year. The next cap, for the period January to March 2023, could be even higher at over £5,000.

A typical energy bill will increase by 80% in October. Photography: Paul Marriott/Rex/Shutterstock

The new cap, which comes into effect on October 1, equates to a direct debit of almost £300 a month, although some will pay significantly more. Church says his projected bill for December alone is over £500.

A lot will also depend on the configuration of your accommodation. You will still have to pay rent or mortgage costs while you are away, unless, for example, you are prepared to give up your tenancy and find new accommodation when you return. That said, some people are lucky enough to currently have very low mortgage costs.

The latest research from estate agent chain Hamptons International shows that the average rent for a one-bed flat in the UK is £929 per month – and is considerably higher than in London. Analysis of the figures suggests some people could spend three months in Europe for less than £2,000, including flights, accommodation, wifi and energy costs, and enjoy cheaper living costs by general.

However, Church adds, “I want to clarify something. I don’t think that’s a good option for anyone. It’s absurd!

“We are in dire straits – I see in my savings community that people are struggling. Saving on your energy bills by going away for a few months shouldn’t be an option at all.

Before you leave

If you decide to follow Church’s example, there are several things to consider when closing your home for the winter.

Let your supplier know that you are going away and that you will not be using gas or electricity for several months.

Suppliers such as British Gas and Octopus have confirmed that direct debit bills will be reduced if you tell them you are leaving.

You’ll still have to pay the ongoing charges if there’s a meter on your property, so your bills won’t go down to zero.

Inside a refrigerator with the door open
If you close your house and go away for the winter, empty your fridge and freezer – and defrost the latter – before turning off electrical appliances. Photography: incamerastock/Alamy

Daily electricity and gas charges will be capped at 46p and 28p from October. However, these rates are “average and vary by region, payment method and type of meter”.

Empty your fridge and freezer – and defrost the freezer – before turning off electrical appliances.

However, while turning off your boiler while you’re away would clearly save you money, it’s a risky move during the winter that could cause problems – for example, if your pipes freeze.

Most boilers can be programmed to fire one hour per day. E.ON recommends scheduling it between 3 a.m. and 4 a.m., which is usually the coldest time of the day.

Alternatively, you can drain the heating system and shut off the water supply.

Renting out your home while you’re away is one way to recoup costs, but be sure to double-check the terms of your contract if you’re renting, as many landlords won’t allow you to sublet.

If you are a landlord, you will need to take into account the additional costs you may incur by becoming a temporary landlord and hire a local person as a point of contact for your tenants while you are abroad.

It’s also worth asking a friend or neighbor to check in on your home while you’re away, whether to water the plants or for added security.

Also check your insurance policy to see if it becomes void if your home remains unoccupied for a certain number of days. You may need to purchase an add-on policy.

Lodging

Airbnb allows guests to book stays longer than 28 days, and energy bills are usually included in the total price. But check the house rules carefully before booking as they may include additional information about bills – for example, if you will have to pay more in certain circumstances.

Contact the host to come to an agreement on bills and be sure to get it in writing to avoid any disputes later.

Airbnb property in Spain.
Airbnb property in Spain. Photo: Perla Requejo/Reuters

If a host tries to charge for something that wasn’t included in the listing description or house rules, guests can open a dispute with Airbnb.

When booking through other platforms such as Booking.com or directly with the owner, make sure you have details of how you will be charged for gas and electricity.

We checked how much a three-month stay in or around Malaga in southern Spain would cost on Airbnb.

How much you pay will depend on your needs – for example, if you’re happy staying in your host’s guest room or if you prefer the whole place to yourself.

When we looked, a small apartment with a terrace and sea views in Torremolinos, west of Malaga, would cost £2,701 for the whole trip. Meanwhile, a room in a flat 15 minutes from Malaga beach would cost £1,476 for the full three-month period, although you would have to share the bathroom and kitchen with other guests.

Church found that some of the cheapest rentals were in France, but there were also some great options further afield in places like Montenegro and Romania.

Many apartments abroad offer free cancellation, so you can book now and cancel later if you change your mind.

Flights

When we checked flight comparison site Skyscanner, you could get direct return flights between London and Malaga for £58 with Wizz Air and Vueling, departing 1 October and returning 31 December.

These figures do not include the cost of checked baggage, which you would probably need for a three-month stay and would have to pay extra.

Check your destination’s Covid rules before booking.

working abroad

After Brexit, British citizens can only stay in the EU, Switzerland, Norway, Iceland or Liechtenstein for 90 days or less out of a 180-day visa-free period.

This is mainly for tourists, but there are some work-related allowances, such as attending a business meeting or a conference.

Check the visa requirements in the country you plan to visit to avoid breaking the rules.

Spain is considering introducing a visa for people working remotely for foreign companies – sometimes called “digital nomads” – but this has not yet been introduced.

This means that UK passport holders may need to apply for a visa at the Spanish consulate if they plan to work remotely for a UK company while in the country.

Sybille Steiner, Employment Law Partner at Irwin Mitchell Lawyers, says: “Individuals should not enter an EU country as a tourist and then start working there, as this is likely to violate EU rules. ‘immigration. The rules here will differ by country, and I recommend that local advice be taken.

There could also be tax implications for your employer, Steiner says.

Political expediency rules UNSC terrorism listing : The Tribune India

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Luv Puri


Journalist and author

In July this year, India told a meeting of the UN Security Council that it was “very regrettable” that genuine and evidence-based proposals to blacklist some of the terrorists the world’s most notorious are suspended, claiming that such “double standards” are driving the credibility of the Council’s sanctions regime to an “historic low”. The reference was to India’s past attempts to designate terrorists under the Islamic State of Iraq and the Levant (ISIL) and the United Nations Security Council’s Al-Qaida Sanctions Committee and China allegedly obstructed the process. with procedural delays.

The United Nations Security Council (UNSC) has imposed sanctions under Article 41 of Chapter VII of the UN Charter which states that “the UNSC may decide what measures not involving the use of armed force must be used to give effect to its decisions, and it may call on members of the United Nations to carry out such measures. Over the past 56 years, 30 sanctions regimes, 14 of which are ongoing, focused on supporting political conflict resolution, nuclear non-proliferation and counter-terrorism (CT), have been established. Because of the stakes, the fact is that some sanctions regimes are more important for a particular Member State than others.

Sanctions discussions around Iran’s nuclear proliferation are being proactively followed and influenced by the US and EU. Along the same lines, in the counter-terrorism landscape, the work of the UNSC Committee regarding al-Qaida, ISIL and the Taliban is being followed avidly by various member states directly affected. As in the rest of the multilateral arena, a disconnect can exist between diplomatic assertions and expectations, aimed at domestic and international audiences, and the exact workings within the multilateral arena which rely on multiple vectors .

Listing as associates of al-Qaeda, ISIL and the Taliban originated in the pre-9/11 era. The process was triggered by UNSC resolution 1267 (1999), which imposed a limited air embargo and asset freeze on the Taliban. Over time, the regime has evolved and further strengthened with “measures such as a targeted asset freeze, a travel ban and an arms embargo against designated individuals and entities “. A number of UNSC resolutions followed 9/11, including formative and critical UNSC Resolution 1373 (2001) of 28 September 2001, which triggered a series of concrete institutional actions within the multilateral arena in the area of the CT. With regard to the work and mandate of the 1267 Committee, there have been calibrated changes in subsequent resolutions for the renewal of its mandate in accordance with developments related to the TC and the concerns of various stakeholders.

An ombudsman’s office was created to alleviate the various concerns expressed about the listing and delisting process. In 2011, in response to the United States’ engagement with the Taliban under UNSC Resolutions 1988 and 1989, the work of the original committee, formed under UNSC Resolution 1267, was split with the separation of the mandate to oversee the implementation of the measures against individuals and entities associated with Al-Qaeda. In 2015, alongside another UNSCR 2253, ISIL (Daesh) was also added as part of the committee’s mandate linked to Al-Qaeda. Under both mandates, there is also an “Analytical Support and Sanctions Monitoring Team” which comprises ten experts and which produces periodic reports providing information and trends on the various TC-related trends within the framework of the two terms.

Over the years, India has spent a lot of diplomatic capital to enlist individuals as terrorists under the UNSC 1267 Sanctions Committee, with a particular focus on India-centric terrorist groups such as Lashkar-e- Taiba and Jaish-e-Mohammad. India’s record in this regard is mixed. One example is the ten years it took to list Bahawalpur-born Masood Azhar on the UNSC 1267 Sanctions Committee list. Some of the evidence against Azhar was already in the public domain. After his infamous release from Kot Bhalwal (J&K) prison in 1999 as part of the Kandahar swap deal with the IC-814 hijackers, he returned to Pakistan to create the Jaish-e-Mohammad. Jaish is believed to have been responsible for numerous terrorist attacks in its nearly 20 years of existence, including the attack on Parliament on December 13, 2001.

During the period that Azhar’s case was under consideration, according to accounts from informed Pakistani scholars, Jaish continued to fundraise and recruit in the southern part of Pakistan’s Punjab province; the Pathankot Air Base attack took place in 2016; on February 14, 2019, Kashmiri recruit from Jaish, Adil Ahmad Dar rammed his vehicle, armed with explosives, with a CRPF vehicle, killing 40 soldiers. Dar claimed her allegiance to Jaish in a video that was shot before the suicide bombing. China, one of the P-5 members, had delayed Azhar’s listing all this time citing a myriad of procedural issues. Azhar was finally listed in May 2019. There was swift action when Pakistani Lashkar leader Hafiz Sayed, based in Punjab, was listed days after the November 2008 Mumbai attack. Universal mass outrage at the attack was such that no member state resisted. or delayed registration.

Evidence of an application for registration of an individual or individuals is often generated by a Member State’s intelligence resources or capabilities. Presenting demonstrative and compelling evidence for registration in a way that does not blunt or compromise future intelligence-gathering capacity is a challenge. Second, the whole listing and delisting process has evolved alongside concerns expressed by some that such processes should not be conducted with great power political expediency and should conform to the framework of international law. international human rights and humanitarian law. A number of reports from the multilateral arena have underscored this.

There is no doubt that the partisan geopolitical considerations of UNSC members, particularly the P-5, have a direct impact on the processes of listing or delisting terrorists within the UNSC. From 2010 to 2020, the calibrated speed at which the Taliban-associated delisting exercise was conducted directly correlates to the US-Taliban dialogue of the past decade. At the same time, a multidimensional and proactive approach, given the history and operation of these more than two decades old mandates, can add weight to a Member State’s request to be included in the consolidated list. UNSC sanctions.

Tesla adds more ‘semi-service program’ vacancies in preparation for electric truck deliveries

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Tesla is adding more job openings for its “semi service program” for the first batch deliveries of upcoming Tesla semi-electric trucks, as reported by Electrek.

(Photo: Scott Olson/Getty Images)
CHICAGO, IL – MARCH 30: A Tesla dealership offers cars for sale on March 30, 2018 in Chicago, Illinois. Tesla has announced a recall of 123,000 of its Model S sedans due to an issue with power steering bolts.

2017 when the big vehicle was introduced, followed by production which began in 2019. Deliveries to customers have been delayed for years, but Elon Musk has confirmed that the trucks will ship to customers by the end of the year. year.

Also Read: Elon Musk’s Tesla Semi-Truck Appears Once Again to Deliver Superchargers to Seca Racetrack

The lists have been posted on their website. The company says, “Our goal is to find experienced technicians who are looking to take their career to the next level. They will support the development of products and services,”

Like last year, the company was also looking for new employees for the position of Service Technician who will specifically take care of the Tesla Semi.

Tasks and Requirements

Technicians from these locations are needed for the semi-service program, which includes Fremont, Sacramento, Modesto, Central Valley and Reno Nevada California. These locations could also be the first stop for deliveries.

The job listing also includes the candidates’ tasks if they ever get the job. These work with engineering and development teams for management on product feedback, one of the people who will support the Tesla Semi Fleet, will be the one who moves cargo from factory to factory. another and will repair the customer’s fleet if necessary.

Based on the careers section of their website, requirements will also be needed to process the entire application. These include:

  • Valid driver’s license required and must meet the qualifications to obtain a CDL

  • Excellent customer service skills and communication skills

  • Proficiency in diagnosing/troubleshooting vehicle systems

  • OEM Training, ASE Certification, 608/609 Certifications

  • Ability to innovate, solve complex problems, present new ideas and work well in a team

  • Ability to follow oral and written instructions with attention to detail

  • Ability to work in non-air conditioned conditions

  • Willingness to travel as needed, work the required schedule and work in the specific location required

  • In carrying out his duties, the associate will have to move frequently, stand, walk and sit. The associate must frequently use their hands to touch, manipulate and feel, and to reach with the hands and arms. The associate must be able to regularly lift and/or move up to 50 lbs/23 kg and occasionally lift and/or move up to 100 lbs/45 kg.

  • This position is regulated by the Department of Transportation or designated as safety sensitive by the company, and the ability to work in a constant state of alertness and in a safe manner is required. Associates must have the ability to accept responsibility for their own safety, as well as the safety of others.

  • Willingness to relocate based on program needs

All other information can be accessed here.

Related Article: New Tesla Plants in Canada Set to Arrive After Electric Vehicle Maker Conducts Site Survey in Ontario and Quebec

This article belongs to TechTimes

Written by Inno Flores

ⓒ 2022 TECHTIMES.com All rights reserved. Do not reproduce without permission.

Laxman Narasimhan steps down as CEO

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Laxman said, “I’m very grateful to have had the opportunity to lead Reckitt. It’s a great company with an incredible team and I’m extremely proud of what we’ve accomplished together over the past three years. I was offered the opportunity to return to the United States
United States and even if it is difficult to leave, it is the right decision for me and my family.”

Effective immediately, Nicandro will cease to be the Senior Independent Director and will leave the Nominating, Remuneration and CRSEC Committees of the Board. No further disclosure obligations arise from paragraphs 9.6.11 or 9.6.13 of the UK Listing Authority’s
Rules of registration with respect to this nomination.

Effective immediately, Andrew Bonfield will be appointed Senior Independent Non-Executive Director to serve in this role for an interim period until Jeremy Darroch joins the Board on November 1, 2022.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014 on market abuse as it forms part of the national law of the United Kingdom under the European Union Act 2018 (withdrawal). This announcement is made by Catheryn O’Rourke, Corporate Secretary, for Reckitt Benckiser Group plc.

Remuneration

As CEO of Reckitt Benckiser Group plc, Nicandro will receive a salary of £1,100,000. He will be eligible to participate in the Company’s existing annual bonus plan with a target of 120% of salary; in accordance with our remuneration policy, this has a maximum of 3.57 times and with one third of any bonus deferred in Reckitt shares for a period of three years. He will receive an initial LTIP grant of 75,000 shares and 150,000 options, for the three-year performance period 2022-2024, followed by a two-year hold period. The share ownership requirement will be 200,000 shares and there will be a formal post-employment share ownership requirement, for two years after departure.

He will receive benefits in accordance with Reckitt’s compensation policy, but he will not receive a retirement allowance. As Nicandro is moving to the UK, he is entitled to relocation allowances.

In accordance with the Compensation Policy, bonuses and LTIP awards will be pro-rated based on employment time. There are no redemption rewards or signing bonuses for Nicandro.

Nicandro is appointed on a rolling contract, which can be terminated by either party with six months’ notice.

All remuneration arrangements are in accordance with the terms of the directors’ remuneration policy approved by the shareholders at the general meeting in May 2022. Further information will be provided in the 2022 directors’ remuneration report.

Download the full announcement (PDF)

Three reasons why the PCAOB deal with China may not have changed the landscape | Wilmer Hale

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After months of closed-door negotiations, the Public Company Accounting Oversight Board (PCAOB) announced Friday that it has reached a protocol statement with the China Securities Regulatory Commission (CSRC) and the Ministry of Finance of the People’s Republic of China (PRC). .1 The protocol statement creates a pathway for companies based in China and Hong Kong to remain listed on U.S. exchanges after 2024, notwithstanding the Holding Foreign Companies Accountable Act (HFCAA) passed in 2020.2 Despite this milestone, there are at least three reasons why this deal may not be as big as the news reports suggest.

Background

The HFCAA directs the United States Securities and Exchange Commission (SEC) to halt trading in a registrant’s securities on a U.S. stock exchange if, for three consecutive years, the company has been identified as having appealed to a registered public accounting firm that the PCAOB has determined is unable to fully inspect or investigate due to a position taken by the relevant foreign regulatory authority. In response to concerns about the domestic legal regime regarding the protection of state secrets and data privacy issues, auditors in the PRC and Hong Kong for over a decade have not given the PCAOB full access to their audit working papers, for example by denying or heavily redacting audit working papers and restricting the PCAOB’s ability to select audits of state-owned companies and companies in strategic industries for inspection. Therefore, absent a change in the PCAOB’s ability to inspect PRC and Hong Kong auditors, the HFCAA would cause trading in the securities of PRC and Hong Kong-based companies to cease on US scholarships by 2024.

The protocol statement establishes a framework for the PCAOB to inspect and investigate public accounting firms registered in the PRC and Hong Kong, including all working papers related to audits of U.S.-listed Chinese companies. United.

Three reasons why the PCAOB deal with China may not have changed the landscape

  1. The protocol declaration is only a first step
    Statements by U.S. officials surrounding the protocol statement were uncharacteristically underlined by pointing out that the jury is still out on whether the PRC and Hong Kong will indeed allow the PCAOB to fully inspect and investigate their expert firms- accountants registered with the PCAOB. In particular, while PCAOB Chair Erica Williams said the protocol statement provided the PCAOB with “full access” to audit working papers, audit staff and other information, she said “the real test will be whether the words agreed on paper translate to full access in practice. Similarly, SEC Chairman Gary Gensler said, “The proof will be in the pudding.” The CSRC also issued tempered remarks, calling the protocol statement a “first step.”3
    The agreement will be tested soon. Chairman Gensler said “inspectors must be in the field by mid-September if their work has a chance of being successfully completed by the end of this year” – in time for the annual determination to taken by the PCAOB when reassessing whether the positions taken by PRC authorities have once again prevented the PCAOB from fully inspecting and investigating auditing firms in the PRC and Hong Kong. The PCAOB’s annual determination in 2022 would be particularly important if Congress were to pass the expedited legislation referenced below, as it could trigger delistings as early as 2023.
    From the perspective of US regulators, it will be incumbent on PRC authorities to comply in all respects with the requirements of US law and the new protocol statement and avoid creating inspection hurdles similar to those in the past. . If such hurdles occur, there is a significant risk that US regulators will see them as undermining the principles underlying the protocol statement.
  2. Protocol statement will have limited application as Chinese issuers have already exited US markets
    Under threat of HFCAA delisting, PRC and Hong Kong-based issuers have already begun their voluntary delisting from US exchanges. For example, earlier this month, five of China’s largest state-owned companies announced plans to pull out of US exchanges. In addition, Alibaba announced its intention to seek a primary listing in Hong Kong, signaling an abandonment of US markets among a significant portion of the total market value at risk of delisting.4 This creates a possibility that the PRC and Hong Kong will become more permissive on PCAOB inspections, given that companies with the most sensitive data have already opted out of US exchanges.
    However, while these measures may alleviate some of the PRC’s historical concerns about audit inspections, the PCAOB’s inspection authority is retroactive and audits of these large issuers could still be subject to PCAOB inspection. If that were to happen, it could set the stage for an even tougher test of the PRC’s willingness to fully abide by the terms of the protocol statement.
  3. Congress continues to take a hard line on China
    HFCAA and Ongoing Acceleration Legislation5 are the product of a group of lawmakers who have called on the Biden administration to take a tougher line on China, both on securities regulation and other areas. Some of the HFCAA supporters reacted to the announcement of the protocol statement by urging the SEC and the PCAOB to continue to strictly enforce the HFCAA, even if it would result in delistings. For example, Senator Marco Rubio “urged the PCAOB to accept nothing less than full compliance with the agreement” and expressed his intention to continue working with the PCAOB to ensure full implementation of the HFCAA.6 Senator John Kennedy said, “We have the regulation gavel and we will use it without flinching.seven Senator Kennedy also called on Congress to pass his Accelerating Holding Foreign Companies Accountable Act without delay – as noted above, this act would result in the delisting of PRC and Hong Kong companies whose auditors had not been subject to PCAOB inspection by 2023 rather than 2024, further reducing the full resolution window.8

The risk of delisting PRC and Hong Kong-based companies from US stock exchanges is still present, despite the protocol statement. Similar challenges persist for auditors who are or use audit firms based in the PRC and Hong Kong. In addition to navigating upcoming PCAOB inspections, audit firms may also face other risks, such as scrutiny of the use of other auditors and accounting service providers, including compliance applicable auditing standards of the PCAOB and the consent requirements of Section 106 of the Sarbanes-Oxley Act. It will be essential to follow the progress of the inspection of audit firms based in the PRC and Hong Kong in the coming months.

Footnotes –

  1. Press release, Ed. Co. Accounting Oversight Bd., PCAOB signs agreement with Chinese authorities, first step towards full access allowing PCAOB to select, inspect and investigate in China (August 26, 2022), https://pcaobus.org /news-events/ news-releases/news-release-detail/pcaob-signs-an-agreement-with-chinese-authorities-taking-the-first-step-towards-full-access-for-pcaob -to-select-inspect-and-investigate-in-China; Second. and Scale. Comm’n, Fact Sheet: PCAOB Agreement With China on Audit Inspections and Investigations (August 26, 2022), https://www.sec.gov/files/china-sop-fact-sheet.pdf; Second. and Scale. Comm’n, Fact Sheet: Protocol Statement – ​​Questions and Answers (August 26, 2022), https://www.sec.gov/files/china-sop-qa_0.pdf. Public information indicates that the PCAOB inspections will take place in Hong Kong, but official US and Chinese statements are unclear on this point.
  2. Pub. Law No. 116-222 (2020).

  3. In February 2022, as part of a larger legislative package, the United States House of Representatives passed legislation to “accelerate” the HFCAA schedule by three consecutive years without a two-way inspection. United States Innovation and Competition Act of 2021, HR 4521, 117th Cong. § 60301 (2022). Thus, under this legislation, the trade bans would have occurred in 2023 rather than 2024. However, the HFCAA acceleration provisions were omitted from the final legislative package approved by Congress. Additionally, in June 2021, the Senate passed similar, stand-alone fast-track legislation, but the House of Representatives did not pass complementary legislation. S. 2184, 117th Congress. (2021).
  4. S. 2184, 117th Congress. (2021). This bill was passed by the Senate in 2021 and is similar to a provision in the later-passed U.S. Innovation and Competition Act of 2021 that the House passed in 2022. The corresponding version of the law 2021 U.S. Innovation and Competition Policy before the Senate does does not include the fast-track provision.

DreamFolks IPO Stock Allocation: Check Status via BSE, Link Intime, Gray Market Premium; listing on the stock exchange on September 6

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The Rs 562 crore IPO of DreamFolks Services, which has been subscribed 56.68 times, is expected to finalize the attribution basis on Thursday, September 1. It was the second company in more than two months to hit the market with an IPO, following Syrma SGS Technology’s IPO last week. The IPO was sold in the range of Rs 308-326 per share, and it received a strong response from all categories of investors. The share reserved for qualified institutional buyers (QIB) was subscribed 70.53 times, while the share reserved for non-institutional investors (NII) and traders was subscribed 37.66 times and 43.66 times respectively.

Also read: Bank Holiday Today, August 31, 2022: opening of banks in Ganesh Chathurthi in these cities, checklist

How to Check DreamFolks IPO Share Allocation Status

The shares are expected to list on the BSE and NSE on September 6, 2022. Initiation of redemptions or release of funds from the ASBA account will take place on September 2, and the shares will be credited to the beneficiaries’ demat account on September 5. 2022. On the gray market, DreamFolks Services IPO shares were seen trading at a premium of Rs 115 to the IPO price of Rs 326 each, according to people who trade non-shares. listed companies. IPO investors can check IPO award status through the BSE and Registrar websites. The registrar of the issue is Link Intime India Private Ltd, a SEBI registered entity responsible for allocating the IPO and processing refunds.

Check the allocation status of DreamFolks Services shares through the Registrar’s Link Intime India website

To check the stock allotment status, select the company name as “DreamFolks Services – IPO” from the drop-down list on the Link Intime India website when declared. Check the PAN, Application Number or Custodian/Client ID box. Accordingly, enter the Permanent Account Number or Application Number or Custodian/Client Number in the box. Enter the given captcha in the space provided and click on the submit button. This will display the number of shares that have been applied and assigned to the investor.

Also Read: Gasoline and Diesel Prices Today, August 31, 2022: Fuel Cost Stable; check rates in Delhi, Mumbai, Noida, other cities

Check the stock allotment status in the DreamFolks services through the ESB website

Another way to check attribution status in DreamFolks Services is through the ESB website. Select “equity” as the issue type and “DreamFolks Services” as the issue name from the drop-down list, when reported. Enter the application number and the PAN (permanent account number). Click on “I am not a robot”. In the last step, click on the search tab to view the status details.

China to implement IPO firewall between bankers and analysts

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CONFLICT OF INTEREST:
Investment bankers should be prohibited by rules from discussing earnings estimates and valuations with analysts as part of an IPO deal

China’s securities association has drafted rules to set up a firewall between investment bankers and analysts in deals to ensure unbiased pricing of initial public offerings (IPOs), Shanghai reported yesterday. SecuritiesNews.

Bankers involved in an IPO deal are barred from discussing earnings forecasts and valuations with analysts, who are expected to draw conclusions independently, the paper said, citing rules drafted by the Securities Association. of China.

Brokerages should also regularly check their internal firewall systems, according to the rules, which were distributed to brokerages for their input, the newspaper said.

Such rules would prevent price distortion from IPOs, protect the interests of investors in a market crucial to funding innovation and growth in the world’s second-largest economy, he said.

China has adopted a US-style registration-based IPO system in parts of its stock market to make stock pricing more market-driven, with plans to soon expand the reform across the board. of the market.

A company’s valuation report is increasingly important in such an IPO system, but analysts have insufficient levels of independence to write such reports, some of which are grossly inaccurate in their projections, the newspaper said, citing the China Securities Association.

To avoid conflicts of interest, investment bankers would be prohibited by rules from discussing earnings estimates and valuations with analysts as part of an IPO deal, although they could communicate about the issuer’s bases in the presence of compliance officers, the newspaper said.

The rules also prohibit issuers, investment bankers and salespeople from pressuring analysts to skew their research findings, he added.

Separately, Calb Co (中創新航), a Chinese supplier of batteries to electric vehicle makers, plans to seek approval from the Hong Kong Stock Exchange for an IPO in the territory as early as this week, officials said. people close to the file.

The Jiangsu, China-based company could be scheduled for a listing hearing tomorrow, said the people, who asked not to be identified because the information is private.

Calb could raise up to $2 billion in the IPO if it fully exercises its over-allotment option, the sources said.

Deliberations are ongoing and Calb’s listing hearing could be further delayed as IPO details are subject to change, the sources said.

An outside Calb representative did not immediately respond to requests for comment.

Founded in 2007, Calb manufactures lithium batteries for electric vehicles and other products. It operates major production bases in China, including Changzhou, Xiamen and Wuhan, according to its website.

Calb filed for an IPO in Hong Kong in March with Huatai International Ltd (華泰國際) as the sole sponsor of the deal.

At $2 billion, Calb’s IPO could be the second-largest in Hong Kong this year, behind the $2.1 billion listing of China Tourism Group Duty Free Corp (中國旅遊集團中免), according to data compiled by Bloomberg.

China Tourism Group Duty Free suspended a potential $5 billion listing in Hong Kong in December last year, joining a host of companies that chose not to strike deals in a turbulent market.

The seller of tax-exempt goods such as tobacco, wine and perfume to travelers has considered relaunching the enrollment plan to seek up to US$3 billion, Bloomberg News reported in June.

The duty-free company successfully sold Hong Kong shares as Hainan Island, a major tourist destination in China and the source of most of the company’s sales, saw one of the worst outbreaks of COVID-19. 19 of the country since the Shanghai lockdown earlier this year.

Comments will be moderated. Keep comments relevant to the article. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned. The final decision will be at the discretion of The Taipei Times.

Stocks cut losses as Wall Street tries to recover from Friday’s rout

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Stocks fell on Monday as traders tried to regain their footing amid growing concerns over rising rates and tightening US monetary policy.

The major averages were well off their session lows around midday. The Dow Jones Industrial Average fell just 12 points after falling about 300 points earlier in the day. The S&P 500 fell slightly and the Nasdaq Composite fell just 0.4%.

Technology and healthcare were the worst performing sectors in the S&P 500, while energy and utilities outperformed. Dow Inc and Salesforce were the biggest laggards in the 30 Dow Industrials stocks; these losses were mitigated by 1% advances on Walmart and Chevron.

Wall Street suffered a sharp sell-off on Friday, when brief and blunt remarks by Federal Reserve Chairman Jerome Powell in Jackson Hole, Wyoming, appeared to dash hopes that the central bank would reverse its aggressive course of rate hikes in the coming months.

The Dow Jones fell 1,008 points, or just over 3%, for its worst day since May. The S&P 500 and Nasdaq Composite fell 3.4% and 3.9%, respectively, for their worst days since June. The decline erased August’s gains for all three averages.

“As Friday’s aggressive and relentless selling wanes, there isn’t much real buying demand – even the bulls want to push through some of this week’s major macro events (including the Chinese PMI and the Eurozone CPI on Wednesday and US jobs report on Friday) before moving back to the long side,” wrote Adam Crisafulli of Vital Knowledge. “The late summer attendance/volume conditions make the environment even more treacherous than normal, while the horrid September seasons are just another factor keeping people on edge.”

The rest of the week brings more speeches from the Fed, including Vice Chairman Lael Brainard on Tuesday, ahead of the August nonfarm payrolls report on Friday.

Grocery hacks, tips amid rising fuel prices, pandemic

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MANILA, Philippines — Grocery shopping can be fun and therapeutic, but these days it can be stressful with commodity prices rising twice as much as usual.

It pays to be strategic and wise with your money, especially in these difficult times of rising fuel prices and inflation confounded by the pandemic and the ongoing conflict between Ukraine and Russia.

Savvy internet users and financial experts have taken the time to share their money-saving grocery tips and advice that you might want to check out.

1. Check your pantry or fridge inventory before you go grocery shopping.

Most vloggers start their grocery tips by creating a meal plan. While this is one of the most basic tips to learn, content creator Mommy Ruth says it should be different.

On her YouTube channel, she informed check your pantry and refrigerator before anything else.

That way, you’ll know what to buy first without repeating stock you might already have around the house. She advised heading to what’s on sale once at the grocery store or supermarket and choosing what suits your needs.

The result is your “ulam” or food for the day. “Nakatipid na kami na hindi nagdo-doble-double ng gamit sa bahay,” she said.

Related: ‘Wais tips from Lola’: Alden Richards shares his grandmother’s shopping tips

2. Make the list.

It’s a must, definitely. Most money-minded people know the value of listing so that every peso is audited well.

Civil engineer and owner of the award-winning financial blog, Ready To Be Rich, Fitz Villafuerte also shared expert advice on food and groceries in addition to crash courses on stock market investing on his TikTok.

“Never go shopping without a shopping list. Otherwise, you might forget some or you’ll end up buying on impulse. A shopping list helps you stay focused and stick to your budget. It’s an effective way to to avoid impulse buying,” he said. on one of his TikTok videos.

@fitzvillafuerte Lists are top notch for saving money. #PeraTips #TikTokU #LearnOnTikTok #TikTokFinance #Finance101 #EduWOW #Personal finance ? Corporate Motivation – AudioCoffee

Finance expert and wealth management coach Chinkee Tan also thinks making a list is a smart thing to do because it saves you from spending up to 30%.

“If the item is not on the list, you should not buy it. According to a study or survey, you may spend up to 20-30% if you do not off the list,” he said. said on his YouTube channel.

Related: “Sana tumataas din sweldo natin”: Alden Richards shares 6 smart ways to manage income

3. Make a meal plan.

Tan said it’s best to plan your menu on a daily basis. Adobo is ideal because it can be reheated or made into Paksiw (meat usually roast pork or Lechon simmered in vinegar and spices) the next day.

4. Ask and compare prices.

Mom Ruth shared that some products may seem cheaper at first glance, but it’s always safe to compare prices by weight. This is true for basic groceries like canned goods and oil.

“For example, 100 grams of ‘yung isang produced tapos’ yung is 90 grams. One hundred (100) grams divided by 100 equals P1 per gram while ‘yung is 90 grams divided by 100, mas mahal siya compared its isang mas malaki “Pag ginawa niyo ‘yun, makukuhang niyo ‘yung tamang presyo per article, per gram or per milliliter”, she explained.

She added to regularly check your current list of palengke (wet market) and groceries prices. You might also want to check out a neighbor or places near you that might end up being a supplier of staples like eggs. This way you can have a suki (preferred seller) and save you money on the extra cost of going out and buying certain items.

5. Look to the side, up or down, but never at eye level when walking the aisles.

Mum Ruth said she learned from many documentaries not to choose exhibits at eye level. She said it has something to do with strategic placement that benefits the retailer more than you.

American consumer expert Matt Granite, also known as TheDealGuy on YouTube, Explain this assembly.

“Stores place the items that generate the highest profits for the retailer at eye level, in the center of the front-end. Some of these items have markups to the benefit of the store. Look up, look to the side , look down for cheaper options,” Granite shared.

6. Know the best day to shop in the week.

Granite said it was often on Wednesdays.

“For some reason, most grocery stores release their flyers on a Wednesday and restock that day with lots of promotions,” he explained.

Reddit user Kurosagi_ichigo replied to a thread asking for the best advice from palengke.

“‘Wag kang mamimili in palengke ng linggo. Mas mataas ang bilihin. Martes o myerkules ang ideal palengke day namin dahil dyan. Ayaw mo maniwala? Subukan mo. Pagkumparahin mo yung mga presyo ng bilihin. para kumita sila,” said the internet user.

7. Be brand smart, not brand conscious.

Mom Ruth said the quality does not match a known brand. A generic brand can be as good as a brand.

Similarly, Tan said to avoid going to high-end grocery stores because prices are more or less 20-30% or even 50% higher than in wet markets.

8. Bring your own bag of groceries.

Always be prepared and help reuse, reduce and recycle by bringing your own eco bag. Those P10 to P20 that you shell out for a new eco-friendly bag every time you forget the ones already at home are extra expenses you shouldn’t make.

9. Set a limited time and day for your purchases.

TikTok creator YouNeedABudget says it’s ideal to make one big purchase every two weeks or two big purchases once a month.

10. Stick to your budget and use the envelope method.

Tan said to always practice within your own budget and bring the exact amount. He also advised against using a credit card/ATM.

Mommy Ruth, meanwhile, cited the envelope method used by Jordan Page, an avid American lifestyle, budget and frugal living. Page listing his own method on his YouTube page.

The method essentially observes a strict process of tracking expenses. Page categorized his budget into three: Family, Grocery, and Other.

“Family” refers to all utilities and family needs, “Grocery” includes not only food but all consumables, and “Other” refers to non-essential items like dining out and groceries.

The envelope method encourages you to keep a list of the prices spent written on the envelope. The money set aside should be strictly spent for its purpose and never borrow from next week’s grocery budget, but instead you can borrow from the money allocated to the “Other” category.

Mom Ruth said that while using a debit/credit card is your preferred method, you should keep receipts to track your expenses and strictly adhere to envelope method rules. Put these receipts inside the envelope for easy reference.

RELATED: Shopaholic? Maine Mendoza shares money saving tips

RBI Digital Lending Guidelines: A Tectonic Shift in the Fintech World

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Illustration: Ajay Mohanty


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India’s Financial Watchdog Investigating CoinSwitch Offices: Report

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India’s Financial Crimes Unit has targeted another crypto firm in the country.

The Enforcement Directorate (ED) reportedly accused CoinSwitch Kuber, one of India’s largest crypto exchanges, of violating Indian forex laws. The agency too investigation five CoinSwitch locations on Thursday.

An anonymous spokesperson said Reuters than financial watchdogs grasped financial documents, collected information on foreign transactions and audited its compliance practices, all based on alleged forex violations.

CEO Ashish Singhal said it was not a raid and “no money laundering” but an investigation into the operation of the exchange, the enforcement of its Know Your Customer requirements (KYC) and the integration of new customers.

“Most of their engagement with us has been to find out what CoinSwitch does,” Singhal said. Reuters. He added that the ED “has been engaged with us regarding [the] operation of our crypto platform and we cooperate fully with them.

In July, Singhal spoke to trade standard, an Indian publication, saying that the firm ensures “that crypto transactions are within the KYC framework.”

Investment giant Andreessen Horowitz led a funding round that granted CoinSwitch unicorn status last year. CoinSwitch is also supported by Sequoia Capital India and Coinbase Ventures, among others.

ED coming after Indian exchanges

This is not the first time that India’s financial watchdog has cracked down on the country’s crypto industry.

On August 11, it was reported that ED had gone after WazirX, another crypto exchange. The agency alleged that WazirX sent over $130 million worth of unauthorized money in international trade, according to the Economic period.

The agency announcement a day later it had frozen $46.4 million in assets from Singapore-based crypto exchange Vauld due to alleged predatory lending practices.

Along with these charges, the country recently passed a 30% tax on crypto-generated revenue. The high price has dropped volumes on various exchanges, including WazirX, ZebPay, and CoinDCX.

Stay up to date with crypto news, get daily updates in your inbox.

West Orange teachers share ‘wish lists’ ahead of NJ sales tax holiday

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WEST ORANGE, NJ – Teachers across the West Orange School District have created Amazon “wish lists” with the items they need for the upcoming school year, just in time for a sales tax waiver throughout the state.

On Friday, the West Orange Public School District kicked off its #WOClearTheList campaign.

“Let’s come together as a community and do what we can to support our educators and students and clear the list,” the administrators said.

The list, which is separated by schools, can be seen here.

Need to know what your own child will need when they return to class? Check out the list of back-to-school supplies for parents here.

New Jersey officials will offer residents a chance to save money on back-to-school items during this year’s sales tax holiday, scheduled between Aug. 27 and Sept. 5. Read more: New Jersey Tax Holiday: When to Save Back to School 2022

New Jersey back-to-school shoppers will save money on all school essentials. According to the New Jersey Division of Taxation, here are some of the items eligible for the sales tax reduction:

  • art supplies
  • binders
  • Tape
  • Composition notebooks
  • Folders (stretch, pocket, plastic and manila)
  • Pencil boxes and other school supply boxes
  • Rapporteurs
  • Ballet and tap shoes
  • Protective glasses
  • mouth guard
  • Computer printers with a selling price of less than $1,000
  • Printer supplies for computers, printer paper and printer ink
  • Hand-held electronic programmers (excluding devices that are cellular telephones) whose sale price is less than $1,000.
  • All computers with a selling price of less than $3,000
  • Reference maps and globes
  • Calculators
  • Textbooks
  • Gloves (baseball, bowling, boxing, hockey and golf)
  • Shin pads
  • shoulder pads

Send local news tips and correction requests to [email protected]

ENERGY FOCUS, INC/DE: Notice of Delisting or Failure to Meet a Continuing Listing Rule or Standard; Transfer of Enrollment (Form 8-K)

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Item 3.01. Notice of delisting or non-compliance with a rule or standard for maintaining registration; Registration transfer.

On August 23, 2022, Focus Energy, Inc. (the “Company”) has received written notification from Listing Qualifications staff of The Nasdaq stock market
(“Nasdaq”) that the Company fails to comply with the requirement to maintain a minimum closing bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”), because the closing bid price of the company’s common stock was below the minimum price $1.00 per share for 30 consecutive business days.

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was granted an initial period of 180 calendar days, or until February 20, 2023 (the “Compliance Date”), to restore compliance with the Bid Price Requirement. During the initial compliance period, the Company’s common stock will continue to trade on the Nasdaq Capital Market. If, at any time prior to the Compliance Date, the closing Bid Price of the Company’s Common Shares is at least $1.00 for at least 10 consecutive business days, Nasdaq staff will provide written notice to the Company that it is in compliance with the offer price requirement and the matter will be closed.

If the Company does not regain compliance by February 20, 2023, an additional 180 calendar days may be allowed to regain compliance, so long as the Company satisfies the continuous listing requirements for the market value of publicly held shares and all other initial listing criteria (except for the offer price requirement) and notify Nasdaq in writing of its intention to remedy the deficiency during the second compliance period by proceeding with a reverse stock split, if necessary. If the Company does not qualify for the second compliance period or fails to regain compliance within the second 180 calendar days, Nasdaq will notify the Company of its decision to delist the common stock of the Company, to which case the Company will have the opportunity to appeal the disbarment decision to a hearing panel. There can be no assurance, however, that the Company will be eligible for an additional compliance period or that the common stock of the Company will not be delisted from Nasdaq.

The notification does not have an immediate effect on the listing of the common shares of the Company on Nasdaq. The Company intends to monitor the closing bid price of its Common Shares and may, if appropriate, consider implementing available options to restore compliance with the minimum bid price requirement under the Rules of Nasdaq listing.

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© Edgar Online, source Previews

How do I know what my superannuation fund is investing in? A financial expert explains

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You want your retirement savings invested in things that also serve the long-term interests of the planet. But how can you be sure that your fund’s values ​​match yours – or even its own claims?

This question has become increasingly relevant as the demand for environmentally and socially sustainable investments grows – and with it the incentives for financial institutions to give the best spin on their offerings.

A consulting firm specializing in “responsible investing” estimates that 10% of the funds it has examined do not have the sustainable orientation they claim.

Among those accused of greenwashing in recent months is one of Australia’s largest super funds, HESTA (the industry fund for health and community service workers), which promotes its credentials for of “clean energy” while owning shares in the fossil fuel companies Woodside and Santos. .



Read more: Super funds are feeling the financial heat of climate change


So how can you check what your superannuation fund is investing in?

Super funds are legally required to disclose how they invest your money in two different disclosure documents – a product disclosure statement and a portfolio disclosure.

Both will be available on a super fund’s website, but the ease with which you can find them will vary.

The rest of this article is going to explain what information these documents provide, how useful this information is likely to be, and your best bet to ensure your super fund reflects your values.

The product disclosure statement

Product disclosure statements are required by the financial regulator (the Australian Securities and Investments Commission) for all financial products.

This document presents the most basic but important information about the features, benefits, risks and costs of an investment product, including fees and taxes. The format is standardized, with a section (Section 5) on “How we invest your money”.

The information it contains is extensive. At best, you’ll learn how the fund allocates its investments between safe and riskier assets, and between different asset classes – Australian equities, international equities, property trusts, infrastructure trusts, cash, and more.


Examples of “how we invest your money” sections in REST and HESTA super fund product disclosure statements.
REST; HESTACC BY

Disclosure of portfolio holdings

For a complete overview of where your money is invested, you can view the Portfolio Holdings Disclosure.

This document lists the complete holdings of a fund, including the percentage and value of each company share held.

Disclosure of portfolio holdings is relatively new, only being mandatory since March 2022 under legislation aimed at improving transparency in the sector.

However, superfunds are not obligated to provide this information in a consistent and easily understandable manner.

For a non-expert who doesn’t know what to look for, the level of detail can be mind-boggling. You may find yourself poring over a spreadsheet with thousands of items.

The Australian Retirement Trust’s Portfolio Holdings Disclosure for its Lifecycle Balanced Pool, for example, has over 8,000 positions.


A fragment of the portfolio holdings information for the Lifecycle Balanced Pool fund.
Australian Retirement Trust, CC BY

Some super funds have made the effort to provide this information in a more user-friendly format. One example is Future Super, which lets you search and filter portfolio holdings by asset class and country of origin.

But if your concern is to avoid investing in a specific activity such as fossil fuel mining or gambling, you will need to know the businesses and other assets you want to avoid for this to be useful.



Read more: Vital signs: No, we won’t change the corporate world with divestitures and boycotts


Your best options

This is not to say that portfolio disclosure requirements are useless. They are incredibly useful – a huge leap forward in sector accountability. They are simply not designed for consumers.

So much remains to be done to make the sector truly transparent.

What would really help is independent certification and ratings of great products, similar to websites and government programs that certify energy efficiency and allow comparison of electrical plans.

In the meantime, I can offer you a big tip.

Choose a specific retirement product that markets itself on its environmental or social sustainability credentials. Most super funds now offer these choices alongside their more traditional investment options.

There are a variety of “screening” approaches to ethical investing. Some exclude entire sectors. Others include the best environmental and social performance, even among “sinful” industries such as tobacco or weapons.



Read more: Sustainable investing: is it worth the hype? Here’s what you need to know


So just because a great product is marketed as “ethical” or “sustainable” doesn’t mean you’ll be okay with all of its investments.

But there is a much higher likelihood that it will live up to its claims due to greater scrutiny by third parties such as environmental groups as well as the financial regulator.

The Australian Securities and Investments Commission warned super funds earlier this year with a “guidance note” on the growing risk of greenwashing in sustainability-related financial products.

He reminded the funds that “making false or misleading statements (or dissemination of information), or engaging in dishonest, deceptive or misleading behavior in connection with any financial product or service” is against the law.

The super funds therefore know that their portfolios are under scrutiny.

Changing investment options or funds is easier than you think. All you have to do is fill out and submit a form. Just be sure to compare fees and performance, and get a second opinion from a reputable advisor before “voting with your wallet”.

How to Use Amazon Hidden Keywords to Increase Product Visibility

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Amazon is the biggest name in the game for selling products online. But with 1.9 million trading partners, the competition is fierce.

To claim your market share, you need to show up in the searches people do.

And it starts with keywords.

Just like optimizing a webpage for Google, you need to include the right words and phrases on your product page to ensure you show up in relevant searches.

Your titles, features, and descriptions need to be optimized, but that’s not enough.

There’s another factor that Amazon takes into account when delivering results to queries that many third-party sellers aren’t aware of: hidden keywords.

If you’re completely clueless about what they are and how they work, or want to learn the secret to using them to your advantage, you’ve come to the right place.

In this article, we’ll take an in-depth look at hidden Amazon keywords and show you everything you need to know to put them to work for your Amazon store.

What are Amazon’s hidden keywords?

Hidden keywords, sometimes called main keywords, are any words related to your product that are not included in the title or description.

For example, these are the terms returned by Amazon after displaying a sponsored product ad for an item, clicking on the ad and purchasing the product, or queries that a customer entered in an Amazon search.

These are all words related to your product that are not in the product title or description. These can be generic terms or synonyms for your product.

And they should be included in the 250 characters per field (up to five fields) you provide to Amazon to help improve discoverability in their search results pages.

So search terms, right? Not exactly. I know it’s not very clear, so we’ll try to clear things up.

(And yes, the fields where you enter these hidden keywords in Amazon’s user interface are also called “Search Terms” to confuse things a bit more.)

Additionally, the report you upload to Amazon to report on these search terms for advertising efforts is called a “search terms report.”

In Google’s paid search, we would call it a “search query report”, which seems more logical, but apparently Amazon disagrees.

Calling hidden keywords simply “keywords” also gets confusing, especially when choosing keywords for sponsored product campaigns.

And while I hate the name with every search bone in my body, Amazon calls them hidden keywords, which helps differentiate them.

How to think about hidden keywords

Here’s the best way I can think of to help you figure out how to think about these terms, how you might best use them, and where you might get future terms from:

Do you remember the board game Taboo? You split into teams and drew a card with a word or item.

Your goal was to get your partner or team to guess the word without saying it or several other restriction terms before time runs out.

If you said a forbidden word, the other team “buzzed” you and your turn was over.

For example, the main word is “football”, but you cannot say football, touchdown, end zone, pigskin or NFL. What words would you say to get your team to say “football”? These would be your hidden keywords.

Let’s take an example of a product.

If the item was a Michael Kors shoe, you would include the brand name, shoe type, size, and attributes like color or pattern in the title.

And if you couldn’t get all of that in the title, it should be in the product description, alongside additional details like material type or comfort.

These details in the title and description are not what you would like to use for hidden keywords. Instead, you want to use terms that would help someone find your product if they hadn’t searched for what you obviously provided on the page.

You could, in this case, try using: closed toe evening slip-on under $100.

Amazon Help gives these examples:

Screenshot from sellercentral.amazon.com, July 2022

But even these examples wouldn’t begin to fill the first 250-character search term box. It can be quite difficult to fill in every search term slot without resorting to extreme stuffing, especially if you type in manually.

Choose hidden keywords

Choosing hidden keywords is where I see the most crossover between search engine research and Amazon research. What tools can you use for each other?

Many blogs recommend Google Keyword Planner, Keywordtool.io, Ubersuggest, or Shopping campaigns search query reports.

I don’t disagree with these suggestions at all – just to generate ideas or starting points.

The way people search on Amazon and the way Amazon presents results differs from Google, so the best way to populate and perpetuate this field is to use data from Amazon or your own listings whenever possible.

This means that a report on search terms, a list provided by the customer, product details, attributes or features will perform better in terms of compliance and maintenance.

Similar to search keyword listings or text ads, you may not include inaccurate or misleading information, promotions (such as buy-to-get one), subjective claims, or profanity.

You use a single space to separate the terms and nothing else, which makes the searcher in me cringe (I want to add that comma or semicolon so badly).

It also means that when you review a bunch of hidden keywords for a product, it looks like a line of nonsensical gibberish, even if you follow best practices and use a logical order with your best keywords first.

Also, thanks to the good old “+variants” exercise that Google made us researchers undergo, you no longer have this reflex of pooling spelling errors, title cases and pluralization.

The same goes for hidden keywords, which makes them even harder to add, especially by the time you reach the fourth search term box and are running out of ideas.

However, one big difference that I tend to overlook as a searcher is that these hidden keywords aren’t relevant or don’t rank the same as they do on Google.

That’s why you need to change them regularly to track incoming queries and impressions on Amazon.

This makes your product pages more likely to be listed on a search results page.

This is especially true if Amazon finds that some of the terms you submitted are irrelevant or don’t use them. If so, replace them and submit them again.

Adding hidden keywords

Now that your hidden keywords are selected, it’s time to add them to your product. Here’s how to do it by product in the Amazon Seller Central user interface.

  1. Log in to the Seller Center and click on the Inventory tongue.
  2. On the right, find the “Edit” button and click on it.
  3. You will see the “offer” tab; click on “keywords” to open the hidden keywords section.

It might take some time, but if you have an army of content writers or interns to do it for you, go for it. If not, you might want to brew a new coffee maker as it might take some time.

However, you may not like the re-evaluation and adjustment time, especially if you have a catalog of more than a few hundred products.

You may find it useful to investigate your feed capabilities, whether you use a feed tool provider or generate your product feeds in-house and send them to Amazon.

Dynamic build capabilities can scale this process for sellers with large catalogs depending on the level of sophistication.

The output would look more like my previous gobbledygook comment than if a human had to enter them manually, but again, at scale.

How to check if your hidden keywords have been added

Unfortunately, the only way to check if your hidden keywords have been added is to do random checks. And unfortunately, this is a manual process.

Copy the entire string from a search term box (wait at least 24 hours after submission before doing so) and search for it on Amazon.

If the list of products supposed to be associated with these search terms appears, it works. If not, try another group of terms from another search box and repeat.

But what if the product list still does not appear? It may be that not all of the terms you provided have been used (there may have been an editorial or duplicate error), or you need to continue through all five boxes.

I’ve seen cases where only one out of five boxes is fetched, indexed, and used. As you can see, it’s not a great system in terms of tracking and adjustability.

Fun little tip: If you remember Yahoo SSP feeds (also known as paid inclusion), this process and indexing might remind you of something. In 2008, you sent content through a feed to supplement Yahoo’s organic search results, which meant information perhaps faster and more frequently than a crawl.

Final Thoughts on Hidden Keywords

Hopefully by this point you have developed a working understanding of Amazon hidden keywords and how to add them on the backend to drive more traffic to your product pages.

Finding the perfect blend for your needs takes a bit of work, but it’s worth it.

Remember to follow the rhythm. Keep testing and identifying which keywords are working and which are not.

Replace underperforming keywords with new keywords until you find the perfect combination. And then start all over again.

Amazon is an amazing tool for online retailers. And using primary keywords is a great way to make sure you’re getting the traffic and making the sales you need.

More resources:


Featured Image: Krakenimages.com/Shutterstock

Stocks to Buy Today: Tata Coffee, ONGC, Titan Among Top 20 Stocks to Trade Profitably on August 24

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The broader Nifty50 managed to close near 17,600, while the Sensex rose over 250 points on Wednesday’s close. Zee Business brings you a list of 20 stocks from the cash, tech and F&O space. These stocks were selected taking into account the short and long-term needs of investors. The list also includes intraday calls for good returns on a given day. Below is the list of stocks recommended by our research analysts on Wednesday.

Kushal Gupta Stock Picks
CASH
Cafe Tata – Buy – 230, sl – 220

FUTURE
Paints Berger SEP FTR – Sale – 650, SL – 676

OPTIONS
Bharti Airtel 740 SEP [email protected] – Buy – 30, SL – 17

TECHNICAL
India Cement – Buy – 215, sl – 205

FONDA
Affle India – Purchase – 1500, Duration – 1 year

INVESTMENT
Titan – Purchase – 2860, Duration – 4-6 months

NEW
Chennai Petro – Purchase – 314, sl – 300

MY CHOICE
Everest Kanto cylinders – Purchase – 126, sl – 116
Kalyan Jewelers – Purchase – 80, sl – 75
Cigniti Technologies – Purchase – 620, sl – 590

MY BEST CHOICE
Titan – Purchase – 2860, Duration – 4-6 months
————————————————– —

Varun Dubey Stock Picks
CASH
Buy Aban Offshore Target Rs 49 SL RS 45.5

FUTURE
Sell ​​Interglobe Target Rs 1950 SL RS 2030

OPTIONS
Buy ONGC 135 CE Target Rs 2 SL RS 1

TECHNICAL
Buy KRBL Target Rs 320 SL RS 298

FONDA
Buy DLF Target Rs 380 SL RS 364

INVESTMENT
Buy Teamlease Target Rs 4000 Duration 3 Months

NEW
Sell ​​Glenmark Pharma FUT target Rs 365 SL RS 381

MY CHOICE
Buy Bombay Burmah Target Rs 945 SL RS 890
Buy Devyani Intl Target Rs 195 SL RS 182
Sell ​​Asian Paints FUT Target Rs 3270 SL RS 3390

Best choice
Sell ​​Glenmark Pharma FUT target Rs 365 SL RS 381

Navana Pharma’s IPO begins September 13

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Company to raise Tk 750m under book building method







Navana Pharmaceuticals’ initial public offering (IPO) is expected to open for subscription on September 13, aiming to raise Tk750 million through the bookbuilding method.

The IPO can be subscribed through the exchanges’ electronic subscription system and the subscription period ends on September 19, according to the Dhaka Stock Exchange.

Navana Pharmaceuticals received regulatory approval from the Bangladesh Securities and Exchange Commission (BSEC) on June 8 for raising Tk750 million by issuing shares.

The company’s share price limit has been set at Tk 34 each through electronic bids by eligible investors, a requirement to go public under the order book method .

Eligible investors participated in the company’s IPO share price discovery by bidding for 72 hours, from July 4 to July 7.

General investors will be able to buy its IPO shares at a discount of 30% off the closing price, depending on regulatory approval.

Additionally, Navana Pharma is allowed to pay out 15% of the IPO shares to its employees with a lock-up period of two years.

This was the company’s first IPO after the stock market regulator raised the investment limit to Tk 30 million in shares for eligible investors to enjoy an IPO quota and Tk 15 million for pension funds, recognized provident funds and gratuity funds.

The BSEC increased the amount on May 23 of this year.

Previously, the required amount was 10 million taka for each eligible investor and 5.0 million taka for pension funds, recognized provident funds and gratuity funds.

The company will use proceeds from the IPO to construct a new general manufacturing unit, construct new buildings, renovate the cephalosporin unit, repay the loan, and cover IPO expenses.

According to the financial statements of the company for nine months from July 2021 to March 2022, the net asset value (NAV) per share with revaluation is Tk 43.53 and the NAV per share without revaluation is Tk 19.02.

Earnings per share (EPS) was Tk 2.39 during the period under review and the weighted average EPS for the past five years was Tk 2.51.

The company will not be authorized to declare, approve or distribute a dividend before its listing on the capital market.

Asian Tiger Capital Partners Investments and EBL Investments are working jointly as issue manager for the company’s IPO.

[email protected]

Pax Americana and the Brave New Green World

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Craig Coben is a former investment banker at Bank of America, where he most recently served as co-head of global capital markets for the Asia-Pacific region. Howard Fischer, a partner at the law firm Moses & Singer, is a former senior attorney at the United States Securities & Exchange Commission.

Governments and corporations around the world have long resented the way the United States enforces its laws abroad. But the United States is now poised to take extraterritoriality to the next level by introducing emissions disclosure rules that have largely gone unnoticed.

The United States has imposed billions of dollar fines on European champion companies for bribing foreign officials in violation of the U.S. Foreign Corrupt Practices Actor for the clearing of dollar transactions for Iranian and Cuban entities in violation of the Trading with the Enemy Act, even if the conduct occurred outside of the United States and did not involve any US entity. The long arm of U.S. enforcement also requires foreign companies to comply with U.S. export regulations on a long list of countries. More recently, the United States has been accused of “weaponizing” the dollar to force other countries to respect its political preferences.

The next installment of this de facto financial empire is a new disclosure rule for dry and technical greenhouse gases proposed by the Securities and Exchange Commission which, in practice, will bring much of the global business community under the U.S. regulatory umbrella.

In a word, the new rules compel certain American public companies (representing the lion’s share of the American business community) to disclose what is called “scope 3 greenhouse gas (GHG) emissions.”

Scope 1 emissions are those that companies generate directly, while Scope 2 emissions are those caused by the energy used by the company. Scope 3 covers indirect emissions from activities up and down a company’s value chain, such as suppliers or distributors, or related to how customers use the company’s products . For many companies, this category could encompass the majority of their GHG emissions.

If the new rules are passed, it’s likely that almost every company that does business with a major US company will be subject to a backdoor requirement forcing it to calculate and disclose its greenhouse gas emissions – even if that company otherwise has no stock exchange listing in the United States or even any presence in the United States. It’s extraterritoriality on steroids.

What are the potential implications for non-US businesses?

Cost and complexity: Most companies, especially small and medium-sized ones, probably lack both the expertise and the resources to calculate their GHG emissions. Additionally, when these rules go into effect, there will likely be few entities qualified to audit and certify these issuances, which could result in a backlog that could impede the ability to market services or products to regulated U.S. businesses.

Competitive (dis)advantage: If you do business with a publicly traded US company, your GHG emissions may need to be quantified and reported by the US entity. This could mean that if a US company has multiple supplier choices, a counterparty with better control over its GHG emissions could be a preferred supplier, as this makes it easier for a US company to manage its SEC compliance.

The winners are likely to be US companies or companies from developed countries with experience in complying with a large regulatory program; the losers will in many cases be suppliers and distributors in emerging markets, whether they cause lower or higher GHG emissions.

Accountability to US Law Enforcement. Just because a company doesn’t have operations or offices in the United States doesn’t mean it can’t be sued or be the target of US enforcement action. A Brazilian company providing incorrect GHG data could theoretically be held liable by the SEC in a US court for aiding and abetting the securities fraud of a reporting US company, or potentially be named as a target in a private class action lawsuit.

And, in the absence of universally accepted reporting standards, the risk is real and substantial. Although there is a safe harbor for reasonable statements and those made in good faith, it is vague and therefore may not protect a company from complainants or aggressive regulators.

Attractiveness as a merger objective. Non-US entities that are the acquisition target of a US business could be more or less attractive depending on the strength of their GHG emissions reporting. If, for example, a Swedish company has no idea of ​​the GHG emissions of its counterparties or suppliers, this could make it a less attractive acquisition target for a reporting US company.

For many small businesses, acquisition by a larger entity is key to their exit plan, and failure to follow these rules could make selling to US-based acquirers all the more difficult.

The proposed rules cast an extraordinarily wide net, potentially catching many companies that never expected to be regulated by US financial authorities.

Previously, it was claimed that a foreign company that is listed on the United States stock exchange or that does significant business in the United States has in fact consented to abide by United States laws even for its conduct abroad. But now, even simply acting as a supplier or distributor for a US company in a foreign country can subject a company to onerous SEC rules and enforcement.

If the government’s mark of legitimacy is “consent of the governedthe SEC’s new environmental disclosure rules — with their unprecedented extraterritorial reach — could very well fail this rather essential benchmark.

The new way to make money that has people on TikTok claiming to earn £10,000 a month

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From eBay to Etsy, the internet is full of online marketplaces where sellers sell their wares to customers all over the world.

But an emerging trend that has taken off on TikTok sees entrepreneurs selling goods they’ve never even touched.

So-called “dropshipping” is a modern fulfillment method. An entrepreneur identifies a product – usually through the AliExpress e-commerce platform; a cheaper Chinese version from Amazon – then advertises it to customers online.

The ad, which is often shown on Facebook, Instagram or TikTok, directs the customer to an online store.

Once the order has been placed, the entrepreneur – who has no physical stock – returns to the original AliExpress listing and has the product sent directly to the customer.

An emerging trend that has taken off on TikTok sees entrepreneurs selling goods they’ve never even touched. Mohamed Camara shows people how to turn to “dropshipping”

A price breakdown shows the low cost of starting a dropshipping business and is used by many students and people working in minimal jobs as a way to create an additional stream of income on top of their salary.  However, others warn that it is not as easy as it seems

A price breakdown shows the low cost of starting a dropshipping business and is used by many students and people working in minimal jobs as a way to create an additional stream of income on top of their salary. However, others warn that it is not as easy as it seems

They can set the final price, which usually takes into account the money spent on marketing, but is usually much higher than the original.

The seemingly simple premise has attracted would-be entrepreneurs from all over the world who claim to earn the equivalent of £8,000 a month from dropshipping. The industry is said to be worth $15 billion.

Hundreds of ‘how to’ videos have appeared online showing the ‘simplicity’ of the program, but people are warning that it’s ‘not as easy as it looks’ and won’t make you a millionaire overnight. on the next day.

Low start-up costs mean that in theory anyone can become a successful dropshipper for little more than the cost of setting up an online store and paying for ads.

A dropshipping business can also be run from any laptop with an internet connection, attracting the generation of “digital nomads” who want to be able to travel while working to earn money.

TikTok user Alice Liu @alice_liuuu says dropshipping can bring in a six-figure annual salary.

A dropshipper will promote the product online in a stylish way, using trending music and platforms and sometimes sell the product at triple margin to make a profit.  Videos can often look homemade and relevant - which is appealing to the contemporary market that wants to feel more engaged with the products

A dropshipper will promote the product online in a stylish way, using trending music and platforms and sometimes sell the product at triple margin to make a profit. Videos can often look homemade and relevant – which is appealing to the contemporary market that wants to feel more engaged with the products

The TikToker claims that to maximize your earnings, you need to be smart when choosing your products by checking out lists such as Amazon Must Haves and Tik Tok Made Me Buy It – a label given to products that go viral on the video-sharing platform .

Alice said: “You have to find a unique and must-have product. Next, you need to start a 14-day Shopify trial. Look on Amazon Must Have lists or TikTok Made Me Buy it.

‘You will then go to the Shopify app store and go to Zendrop. Find the product on Zendrop, then import it to your Shopify store. After customizing your Shopify store, it’s finally time to advertise.

“Use TikTok and Instagram to drive traffic to your store. Regularly post articles about the product and show them how this product has improved your life.”

A man called Mohamed Camara claimed to make $38,000 in just two weeks from dropshipping and posted a video showing how he did it.

He found products on AliExpress which included a pink diffuser with deer decoration that cost £7.98 and decided to sell it for more than triple the retail price of $24.99.

The original product

An AliExpress product revisited and used in TikTok videos.  Some have a comedic orientation and some are obviously not advertisements which can produce organic consumers who like the product in the video and are looking for a way to buy it.  Many videos will appear with the same product, so a TikTok feed will eventually be flooded with that particular article.  Many users have taken this simple

An AliExpress product (left) restyled and used in TikTok videos. Many users have taken this simple ‘bright note’ and used it in videos – and it’s commonly seen on TikTok (right)

He said: ‘I went to Shopify where I could build my store, it was very simple and took about 38 minutes, I did a little home video for an add on to promote the broadcaster and that’s it that I can make six figures a month from home.’

Mohamed then shows a few accounts with large sums of money on the video for a few seconds.

E-commerce sites welcome dropshippers because they channel new revenue streams they otherwise wouldn’t have and additional marketing.

Big sites benefit from having people online do the advertising work for them and buy large amounts of their products to get a lot of profit from successful dropshippers.

However, others claim that dropshipping is not as easy as it looks.

Low start-up costs mean a lot of people are trying to cash in on the trend. To stand out, they set their prices extremely low, which in the end can cost them money once you factor in the cost of advertising.

The market is full of vendors all trying to whip up the same product – kind of like having a street full of Avon reps, each rep would make very little money compared to if they were the only one in the area.

The home video made by Mohamed showed how the AliExpress broadcaster fits into his home and enticed users to purchase the product through his store.

The home video made by Mohamed showed how the AliExpress broadcaster fits into his home and enticed users to purchase the product through his store.

Some have also claimed that start-up costs are not as low as one might think.

It is estimated that the cost of an online store, a domain name for a website and advertising will be more like $500 to make the business a success.

One TikTok user said, “For people who think it’s easy; this is no longer the case. You can still earn a good amount of money, but it takes time, it’s not passive income lmao.

@Nina.modernluv was a successful dropshipper who was asked to raise her prices by one of the vendors she used to set up her store.

She said: “I built my life and put all my love and energy into my business and I had a successful page selling bridal products and I got an email saying I need to increase my price.

“So I bred them, and in the end I was like ‘these products aren’t even worth what I’m selling right now.’

“So apart from the prices, I also had issues with shipping, customers were contacting me asking ‘where is this product? and had no control over it either.

“Also with the quality – I couldn’t guarantee that – so I’m dealing with brides looking to get everything right and if the print is off or something goes wrong – I’m going to have a heart attack for they.

“Of course they want everything to be perfect, so do I. That’s why I’m never dropshipping again.

Since the dropshipper does not have control of the products, they can be left to the mercy of the original supplier, who may demand that they sell the product for a higher price, which can then cause the dropshippers to lose money.

Morally, as @nin.modernluv experienced, she was selling products that she felt weren’t worth the extra cost – so she backed out of the game.

Offering tips for getting started, Shopify, which helps people build online stores popular with dropshippers, said: “Dropshipping businesses act as product curators, picking the right mix of products to market to customers. .

“Remember that marketing is a cost you incur, in time and money, to help potential customers find, review and buy the right product.

“You will also need to include the cost of customer support whenever there is a product or shipping issue.” Last, but not least, is the original price at which your supplier sells the product.

“With all of these costs to consider, dropshipping companies mark up individual products in exchange for distribution.

“To make a profit with your dropshipping business, it’s a good idea to know how much it costs you to ‘acquire’ a customer and price your products with that in mind.”

AMC found another way to antagonize shareholders

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AMC Entertainment (AMC -6.58%), one of the largest cinema operators in the world, has been hit hard by the coronavirus pandemic. It is still struggling, losing $0.20 per share in the second quarter of 2022 despite significantly improved footfall and revenue.

This helps explain why AMC might want to raise additional funds. But how that process unfolds should be a big deal for investors, as the company adds to a list of stocks that don’t look particularly shareholder-friendly.

Priority to shareholders

The basic logic of investing is that shareholders own the company. They hire a board of directors to oversee the management of the company; the board hires a CEO to manage the day-to-day management of the company. This CEO answers to the board of directors, who answers to the shareholders. Overall, the business is meant to be run for the benefit of its owners – the people and institutions that own the shares.

Image source: Getty Images.

This is a simplification of what complex entities are. There are clearly other parties involved that need to be considered, such as employees, customers, and the cities where companies operate. However, good companies understand that taking care of these constituencies also benefits shareholders. Unfortunately, not all businesses operate in the best interests of their owners.

Right now, AMC Entertainment shareholders should be concerned about the company’s actions.

A list of problems at AMC

When the pandemic hit in 2020, movie theaters were all but forced to close. It was a brutal time, and AMC’s financial performance was understandably terrible. Then he kind of got sucked into the stock meme hype, skyrocketing his stock based on emotion, not financial performance. Super aggressive investors chatting on message boards were able to move the stock in an often volatile way.

Management used the high stock price to issue shares; who provided the cinema chain with much-needed cash to help it get by during the pandemic. The survival of the company clearly outweighed the dilution that shareholders suffered as a result of the stock sales. Indeed, the stock would probably have been worthless if the company had gone bankrupt.

But something interesting happened in July 2021. AMC had applied for approval to increase its number of shares so that it could issue even more shares. He withdrew the proposal because it was, presumably, rejected by shareholders. Essentially, the company’s owners said no, noting that adding additional shares would dilute existing shareholders even more than they already had. Although shareholders managed to protect themselves, it was an important sign that management may not have its best interests in mind.

And then in March 2022, AMC bought a 22% stake in Hycroft Mining (HYMC -0.81%). Hycroft is a tiny gold digger, in a business that has absolutely nothing to do with movie theaters. While it makes sense for AMC to buy movie theaters, which it has fact, it is difficult to understand how an investment in a speculative gold company makes sense. Shareholders also had good reason to worry about management’s use of cash.

Now the company has announced its intention to issue preferred shares to investors. Although management touted it as a shareholder benefit, the move effectively opens the door for the company to sell additional preferred stock on the open market to raise additional capital. Cynical types might see this as a workaround after shareholders balked at selling more shares in 2021. It’s also reasonable to wonder why AMC poured money into a gold investment if the Money is so hard to come by that he had to use a tactic like this.

Long-term investors should be upset

The trends here are not encouraging and investors should probably be worried. AMC has had to deal with a very difficult operating environment, but some of the decisions it has made over the past two years do not seem favorable to shareholders. Although the meme stock crowd has once again started toying with AMC’s stock, sending it sharply higher, management’s actions suggest the risk here is very high.

It should also be noted that AMC recently bought back some debt on the open market at a steep 31% discount to face value. While that’s likely a good use of cash, the fact that the company’s bonds are trading below what they were sold at suggests bond investors are concerned about the cinema chain’s ability to repay them. Bondholders aren’t the only ones who need to worry about what the future holds for AMC.

Invest in real estate with minimal capital

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The first “defensible good” was born with the establishment of land ownership rights, marking a turning point in the history of real estate.

While it took decades for the technique of real estate securitization to gain acceptance, the alternative to tokenization has achieved extraordinary success in just a few years.

— Dr. Alex Pham, CEO of Real Box

JACKSONVILLE, FLORIDA, UNITED STATES OF AMERICA, August 20, 2022 /EINPresswire.com/ — The first “defensible asset” was born with the establishment of land ownership rights, marking a turning point in the history of real estate. At some point, past history may have stumbled upon the idea of ​​business, but it was human greed that ultimately led to the practice of selling assets for profit.

“While it took decades for the technique of real estate securitization to gain acceptance, the alternative to tokenization has achieved extraordinary success in just a few years.” Dr. Alex Pham, CEO of Real Box, one of the first and largest real estate development projects in Vietnam, recently spoke publicly about the profit potential of cryptocurrency in the real estate industry. So what are the thoughts on low capital real estate investing right now?
This article explains in more detail what to look for in a good investment deal.

What is real estate investing in modern life?
There are many definitions of real estate investing, many of which are relatively specific and tailored to certain investment purposes. Most importantly, real estate can be used as a tool to help shareholders achieve their financial goals by providing them with a stable source of income, high returns, tax advantages and diversity.
1. Real estate investment in history
Humans have made incredible progress throughout history, from our humble cave dwellings to the magnificent crusades of monarchs. Throughout human history, storing food and other goods has become an absolute necessity.

The origins of the modern real estate market date back to the 19th century.
However, it was not until the early 1900s that the modern form emerged. In 1908, Chicago hosted the founding of the National Association of Realtors, then known as the National Association of Real Estate Exchanges.
2. Real estate investment in modern life
Dr. Alex Pham, CEO of Real Box, has spent the past two decades studying the real estate industry. He credits the recent real estate tokenization boom to the many benefits of the method, especially in Vietnam.

Real estate tokenization has helped the industry overcome problems including heavy paperwork, limited investment areas due to distance, and high entry costs. This makes home ownership in general a more viable option for more people.

3. Investing in real estate with cryptocurrency: why not?
According to Real Box CEO Dr. Alex Pham, it will become increasingly clear that a successful crypto real estate company must grow in order to offer customers a wide choice of alternatives as blockchain and NFT continue to grow. gain popularity in the market.

Therefore, Realbox and other real estate tokenization platforms will act as intermediaries, finding suitable properties and turning ownership rights into tokens that can be traded and acquired by users. Real estate tokens, similar to cryptocurrency stablecoins, are pegged to the market value of the underlying asset.

What is cumulative investment?
The term “cumulative investments” refers to the sum of all expenditures incurred for exploration and development from the day the agreement entered into force until the end of the immediately preceding financial year.
1. Benefits of cumulative investments
Profits for real estate owners come from a variety of sources, including rents, capital gains, and income from tenant businesses. Specifically, passive income, stable cash flow, tax breaks, diversity, and leverage are just a few of the reasons real estate is a good investment choice.
– Financial Stability and Property Values: The equity in a home being developed through mortgage payments is a financial asset. And when equity increases, it can be used as a loan against another property, further increasing cash flow and income.
– Continuity of funds: when all the bills are paid and the mortgage is paid off, the money remaining is the cash flow of the investment property. The ability to earn money is a major advantage of investing in real estate.
– Appreciation: Those who invest in real estate can increase their wealth through rent payments, income from any business operating outside the property, and appreciation.

2. Cumulative Investment Pinpoints
– Real Estate Appraisals: These are essential for a variety of reasons including, but not limited to, financing the purchase, determining the listing price, financial analysis, risk assessment and taxes.
– Setting financial goals and timeline: Real estate investments tend to be a high-value, low-liquidity business model. It is advisable to do some compound research to help you make your decision.
– It is crucial to compare new buildings to pre-existing structures: prices for newly built homes are often more reasonable and buyers have more leeway in terms of customization and updated features. Delays, cost overruns, and the unpredictability of a brand new community are all potential issues.
Key points to remember

To learn more about contemporary real estate investment strategies that revolve around real estate tokenization, visit: https://realbox.io/en

RealBoxOfficial contains a wealth of information and sections designed to popularize contemporary real estate investment knowledge. This information and sections are appropriate for players of all levels of expertise, from beginner to advanced and long-term investing.

Not only is it a website that focuses on services and investments, but it is also an extremely reliable address for people who are interested in, wish to focus on long-term investments in a contemporary, or are simply interested in learning more about the latest trends in the market.

To learn more, stay in touch via:
Twitter: https://twitter.com/Realbox_io
Facebook: https://www.facebook.com/realboxglobal/
Related : https://www.linkedin.com/company/realbox-ownership-reinvented/
Instagram: https://www.instagram.com/realbox.io/
Youtube: https://www.youtube.com/channel/UCZ2kkJFrWxNKEJSLO3smneg

You can also join our active communities via:https://linktr.ee/RealboxOfficial

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FedNat Receives Nasdaq Notification – GuruFocus.com

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SUNRISE, Fla., Aug. 19, 2022 (GLOBE NEWSWIRE) — FedNat Holding Company (the “Company”) (FNHC), a regional insurance holding company, today announced that on August 17, 2022, it received a notice (the “Notice”) from the Nasdaq Stock Market Listing Qualifications Department advising the company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) due to its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2022.

The Company has 60 days from the date of notification to submit a plan to restore compliance with the Nasdaq listing rules. The Company has notified Nasdaq that it expects to file the Form 10-Q within that 60-day period. The Notice has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Global Market.

About the company

FedNat Holding Company is an insurance holding company that controls virtually every aspect of the insurance underwriting, distribution and claims process through our subsidiaries, holdings and contractual relationships with independent agents and general agents. More information is available at https://www.fednat.com/investor-relations/.

contacts

David K. Patterson, Acting CEO (954) 308-1322

Erick A. Fernandez, Acting Chief Financial Officer (954) 308-1341

Bernard Kilkelly, Investor Relations (954) 308-1409

Where [email protected]

FedNat-Holding-Company.png

Live News: Germany’s energy crisis causes record spike in producer prices

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© Surfers against sewage

The UK public health body has called for the need to upgrade the sewage system after many beaches closed when heavy rains prompted water companies to dump their waste into the sea.

“We need a sewerage system fit for the 21st century that stops dumping sewage where possible,” said Jim McManus, president of the British Association of Chief Public Health Officers.

McManus, in an interview with BBC Radio 4 Today program on Friday, warned of ear and eye infections or even hepatitis A contracted in dirty water. “There are health impacts and sometimes you see GPs reporting on that every year.”

Meanwhile, Wales declared a drought on Friday and banned the use of garden hoses in parts of the country for the first time in 40 years.

Natural Resources Wales said the region received 65.5% of its average rainfall for July, putting a strain on public water supplies in Pembrokeshire and Carmarthenshire.

The Environment Agency this week issued pollution alerts for more than 15 beaches, while eight bathing sites along the Sussex coast were closed after Southern Water dumped sewage there.

Regulations allow water companies to discharge sewage and untreated sewage into the sea via combined sewage overflows, which retain the waste along with excess rainwater.

Southern Water and South West Water are among the worst performers. Southern Water, which serves nearly 5million people in Kent, Sussex, Hampshire and the Isle of Wight, was fined a record £90million last year after pleading guilty to thousands of pollution releases in the five years to 2015.

Water companies’ performance in waste water management has fallen to its worst level in a decade, the Environment Agency said in its annual report last month.

The agency called for “jail terms for CEOs and board members whose companies are responsible for the most serious incidents”, adding that company leaders should be “barred so they don’t cannot continue their careers after unlawful environmental damage”.

“Our rivers and beaches are once again being treated like open sewers,” activist group Surfers Against Sewage said on Twitter. “Years of underinvestment are now clearly visible.”

These 2 stocks send a bullish signal

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Making the right decision in the investment market is not an easy task. Investors must wade through a sea of ​​often conflicting data and locate the kernels of facts that can point to a stock’s likely future. Finding some semblance of meaning and pattern in the jumble of raw information is the necessary prerequisite for success. This is where the TipRanks Smart Score Between.

Using a set of proprietary algorithms, the Smart Score collects a range of data for each stock and sorts it based on 8 factors known to influence the stock price. The result is a single, distilled score, on a scale of 1 to 10, that can tell an investor at a glance a stock’s overall health. And a peek behind the score is easy to do and adds context to a title’s performance.

So let’s start early and look “under the hood” at 2 stocks that are sending bullish signals to investors – with their “Perfect 10” Smart Scores.

Arhaus, Inc. (ARHS)

The first stock we’ll look at is Arhaus, an Ohio-based furniture company that offers its products in 80 showrooms across the United States. The company produces and markets a wide range of home and patio furniture, including complete sets for home offices, bedrooms, living rooms and dining rooms. Arhaus is proud to work with small artisans around the world on the supply of its products.

While Arhaus maintains a large network of physical locations, the company also maintains a strong e-commerce segment. Overall, Arhaus is working hard on its preferred mode of direct-to-consumer sales. With a long-standing reputation for customer-centric service, innovative product designs and responsible sourcing, the company has achieved great success in this preferred business model.

This success can be seen in the latest quarterly financial statements, for 2Q22. The report showed revenue grew 66% year over year to $306 million; this was a significant part of the 55.5% six-month gain of the year; from January 1 to June 30, Arhaus grossed $553 million at the top. The company’s net income was $37 million for the quarter, or 28 cents per share, up 12% year-on-year.

Peter Keith, 5-Star Analyst at Piper Sandler, outlines several reasons why Arhaus should continue to generate strong returns for investors, writing, “We believe ARHS continues to perform at a strong level with (1) the introduction of new products; (2) Improved marketing with improved return on ad spend; & (3) Improved Website. Additionally, we believe that ARHS’ value proposition has never been stronger, given that 50% of its sales come from the United States, allowing for fewer price increases compared to the competition. »

Along with these comments, Keith gives this stock an overweight (i.e. buy) rating. His price target, $12, suggests the ARHS is up 34% YOY. (To see Keith’s track record, Click here)

Wall Street finds itself broadly in agreement with the bullish view here – of the 6 recent analyst reviews recorded, 5 are Buy vs. just 1 Hold, for a strong Buy consensus rating. The stock is selling for $8.92 and its average price target of $11 implies a 23% year-over-year gain. (See ARHS stock analysis on TipRanks)

The Chef’s Warehouse (CHIEF)

Next up is a company that lives in the world of specialized food distribution. Chef’s Warehouse has operations and locations in major metropolitan areas in the United States and Canada; the company began 30 years ago as a source and distributor of food products for high-end chefs, and today serves the finest restaurants, hotels, caterers and gourmet retailers across North America.

This service-oriented company has benefited greatly from the end of the COVID restriction and the return to a more normal business climate. The result can be seen in the quarterly earnings trend: consistent year-over-year gains over the past two years.

In 2Q22, the most recent quarter, both CHEF’s top and bottom results exceeded industry forecasts. Revenue reached $648.1 million, up 53% year-over-year and about 8% above estimates. In the end, earnings of 51 cents per share beat the forecast by 35 cents – and were nearly 13 times higher than the year-ago quarter’s 4 cents.

Even better, the company raised its full-year financial forecast, forecasting between $2.375 billion and $2.475 billion in total sales for 2022 (from $2.13 billion to $2.23 billion), and gross profit between $553 million and $576 million (vs. $500 million). and $524 million).

BTIG’s 5-star analyst Peter Saleh rates all of this and can’t help but rate this company as a buy. The $46 price target he assigns implies room for growth of around 37% over the coming year. (To see Saleh’s record, Click here)

Supporting his position, Saleh writes: “We believe that the current [share] the price does not accurately reflect the strength of sales and the trajectory of the business… We believe the outlook may still prove somewhat conservative as trade events and travel pick up as we move into the fall . This quarter’s rise puts us at the high end of the new guidance range, so while we’ve been impressed with the pace of sales growth and improving margins, we’re not convinced this is the end. »

Overall, the CHEF sock has garnered 4 recent reviews from analysts, and they are all positive, giving it a unanimous consensus Strong Buy rating. CHEF shares are currently priced at $33.78 and their average price target of $47.75 suggests 41% upside potential over 12 months. (See CHEF stock analysis on TipRanks)

To find great stock trading ideas at attractive valuations, visit TipRanks’ Best Stocks to Buy, a recently launched tool that brings together all of TipRanks’ stock information.

Disclaimer: The opinions expressed in this article are solely those of the analysts featured. The Content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

CollectBuySell Launches New Collectibles Marketplace

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CollectBuySell.com is a peer-to-peer marketplace for alternative assets – starting with sports memorabilia, comic books and collectibles.

CollectBuySell.com is a peer-to-peer marketplace for sports memorabilia, comics, and collectibles. This decentralized platform charges no transaction fees or commissions – and allows users to transact directly with each other. The company’s mission is to make the collectibles market safer, more efficient and more collector-centric. They leverage machine learning and AI to assess the authenticity of their ads.

There are over 200 million collectors in the world today, and the collectibles market is estimated at just over $400 billion. This is a huge market for alternative financial assets that is expected to double in the next ten years. Unfortunately, the current landscape has offered minimal innovation and has been crushed by fees and fraudulent items.

CEO of CollectBuySell, James Pearlstone, said, “This is a future trillion dollar market – this space is on the verge of parabolic growth and we want to help lay the groundwork. We want to make the process of buying and selling collectibles safer, easier and more profitable. ”

Existing marketplaces charge substantial fees and/or require custody of items before they can be sold on their platform. The most common criticism of most marketplaces is their fees. Auction houses will charge a buyer’s premium of 20% or more when selling an item. eBay will charge over 12.55% on the sale of collectibles. This reduces liquidity and does not encourage a particularly friendly climate.

“We interviewed nearly 1,000 people, and they all said the same thing. No charges. So we listened and built our platform with no transaction fees or commissions, allowing sellers to keep 100% of their sales.

When you consider that a 1952 Topps Mickey Mantle card, one of the greatest sports memorabilia, can sell for over $5 million, you can see that any buyer or seller would have a problem paying that kind of fee. based on a percentage.

CollectBuySell is a peer-to-peer platform that allows buyers and sellers to transact directly with any payment method or platform (PayPal, credit cards, Bitcoin, etc.). They do not charge commissions or transaction fees; users only pay the listed price – directly to the seller.

The majority of markets today do not fully verify authenticity, creating an unnecessary risk of buying fake souvenirs. In addition to excessive fees, many marketplaces do not have strict listing criteria, which allows fraudulent items to be listed. Not only does this harm consumers, but it impacts the entire industry. This is a major problem given that the FBI estimates that 50% of sports memorabilia on the market today are fraudulent or fake. Some experts claim that over 50% of autographs listed on eBay are fake.

This is not the case with CollectBuySell.

Only products with reference authentication are allowed to be listed after being reviewed for authenticity. This means the customer is getting genuine products at the best prices available.

Leveraging artificial intelligence and machine learning, they review every item before listing on their public market. They also offer services to assess the authenticity of signatures and plan to offer more innovative products soon.

“We are creating a platform with tools to make the market safer and more efficient.”

Collect Buy Sell provides an indispensable solution in the world of collectibles by offering a safe and reliable platform for buyers and sellers without exorbitant fees. So whether you’re a seasoned memorabilia investor or a novice collector, come to Collect Buy Sell for all your buying and selling needs.

For more details, visit www.collectbuysell.com.

Media Contact
Company Name: Cash Buy Sell Inc.
Contact person: James Pearlstone
E-mail: Send an email
Town: Los Angeles
State: California
Country: United States
Website: www.collectbuysell.com

Don’t offer executive equity incentives with no employment barriers (unless you really want to)

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When granting equity incentives to directors and senior management, you should use express provisions requiring them to remain in their position or be employed until the relevant performance hurdle or milestone is met.

Performance guarantees are sometimes issued to directors, senior managers, employees or contractors, either as part of their total compensation or as part of an employee incentive program, in order to induce them to reach a particular performance.

One of their underrated aspects (as well as other forms of equity incentives) is that, without careful drafting, they could extend beyond the employment period. And without an express provision, it may be difficult to convince a court that the implied construction of the terms of an equity incentive with a performance hurdle or stage held by a director or senior officer (or their associated entity) requires them to hold their particular function or job at the time the obstacle or performance milestone is reached.

This was the position in the recent Recce Pharmaceuticals Ltd v Ian David Brown case. [2022] WASCA 66. Although the case is factual, disputes over these arrangements rarely come to court, and so it is instructive.

Performance shares and ASX Guidance

ASX Listing Rules Guidance Note 19 (GN19) refers to performance securities as securities which convert or may convert into a given number of ordinary shares with all the usual rights attached if and when a step designated performance is reached, but otherwise have limited rights until then. The number of ordinary shares into which the Performance Bond may be converted may be a fixed number or may be determined by reference to a particular formula.

In order that the number of Performance Securities into which the Performance Security will convert if the relevant milestone is reached is, in the opinion of ASX, appropriate and fair for the purposes of ASX Listing Rule 6.1, such number must be :

  • fixed or calculated by reference to a formula that provides a fixed outcome so that investors and analysts can easily understand, and have reasonable certainty about, the impact on the entity’s capital structure if the milestone is achieved; and
  • reasonably proportional to the additional value the entity will obtain if the milestone is reached, compared to if the milestone is not reached.

For a performance step attached to a performance security to be, in the opinion of ASX, appropriate and fair for the purposes of ASX Listing Rule 6.1:

  • there must be an appropriate and demonstrable link between the performance stage and the transaction or purpose for which the performance bond is issued;
  • the performance stage must be clearly articulated by reference to objective criteria so that investors and analysts can easily understand and have reasonable certainty as to the circumstances in which the performance stage will be considered to have been reached; and
  • the performance bond must have an expiry date by which the relevant milestone must be reached and, if the milestone is not reached by that date, either the performance bond must be canceled or redeemed free of charge or only for consideration, i.e. the total number of performance securities issued must be converted into a nominal number of ordinary shares.

The ASX recommends that a price hurdle for a security attached to a performance security be based on the average market price by volume over a reasonable period of time (e.g., more than 20 consecutive trading days in which the entity’s securities actually traded) rather than the market price. on a given date or for a shorter period.

Milestone is reached, but directors and senior management are gone

In Recce Pharmaceuticals Ltd v Ian David Brown [2022] WASCA 66, the company had issued various classes of performance shares to certain directors and key management personnel. Performance shares were convertible into ordinary shares upon achievement of performance milestones such that the company’s share price was not less than a specified price with a specified time after the date the shares were issued performance.

The company claimed that performance shares that had reached the performance milestone were not eligible for conversion because it required that the relevant director or key management personnel continue to be employed by the company at the time the milestone was reached. The terms of the performance shares did not expressly require this.

The company unsuccessfully tried to argue before the Court of Appeal (WA) that:

  • correctly interpreted, performance shares required “performance” by the holders up to or around the time the performance milestone was reached; Where
  • alternatively, that the conditions governing the performance shares included an implicit clause to this effect.

What the court found

In accordance with usual contractual principles, the court determined that the correct approach to interpreting the terms and conditions attached to the performance shares was what is the objective meaning to be attributed to the words that the parties or the party used to express what was agreed or intended .

Applying this test, the court held that:

  • performance milestones (i.e. the performance of the company’s share price) referred to the performance of the company rather than that of the directors or key management personnel;
  • Since matters unrelated to an entity’s performance (such as macroeconomic factors and market sentiment) can affect the share price (as recognized by GN19), the word “performance” in the expression “performance shares” did not imply that there was a link between the incentive and the milestone in terms of the performance of the tasks by the directors or key management personnel;
  • there was no identifiable textual basis for the imposition of the condition suggested by the company in the terms and conditions of the performance shares; and
  • there were conceptual difficulties with the implicit construct suggested by the company, including uncertainty as to whether a person had ceased to qualify as a key leader when the person’s role changed before the milestone was completed performance, and because some of the incumbents were entities associated with the relevant director or key management personnel.

It was not to the point that the implicit construction suggested by the company could be thought to better meet the purpose of the performance shares discerned by the court. To have preferred the implicit construction suggested by the company would have been to disregard the clear terms of the terms and conditions of the performance shares and amounted to a judicial rewriting of these terms and conditions.

Findings of the Court

Applying normal contractual principles, the court held that the suggested implied term was:

  • not reasonable and fair – the suggested implied term would likely expose the parties to the possibility of litigation to test satisfaction of the term; and
  • was not necessary to make the instrument commercially effective – the terms and conditions were commercially feasible without the addition of the suggested implied term. The express terms, properly construed, were not inconsistent with and gave effect to the purpose of the performance shares as revealed by the instrument and surrounding circumstances.

Four rebels land on SEC preseason watch list

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BIRMINGHAM, Alabama – Four Ole Miss players have been placed on the SEC’s preseason watch list, announced Wednesday by the league office.

Sydney Michalak and Ashley Orkus land on the watch list for the third season in a row, while Mo O’Connor and Taylor Radecki both make their first appearance.

Michalak is entering his sixth and final season as a rebel. Since moving from an attacking position to the backline ahead of the 2019 season, the Florida native has been a mainstay in the rebel starting XI, starting all 59 games in that span. Over those three seasons, Michalak has been a key figure in 19 clean sheets.

Orkus is entering her fourth season in goal for Ole Miss as the two-time reigning SEC Guard of the Year and one of the most decorated players in program history. The sixth-year senior became the first rebel to be named a first-team All-American by United Soccer Coaches in 2021 and is widely recognized as one of the best goalkeepers in the country.

A homegrown product from nearby Oxford High School, O’Connor is Ole Miss’ top return scorer of last season, netting seven goals on the year. O’Connor has been a pest in league competition throughout his career, scoring eight of his 13 career goals against SEC competition, including a league-high five goals in SEC play in 2021.

Radecki is in her third season at Ole Miss after transferring from Florida State and has been a fixture on the Rebel defense ever since. She has started all 39 games since 2020, helping the Rebels to 13 clean sheets in that span. Thanks in part to a lethal long throw-in, Radecki had seven assists last season, second on the team.

Keep up to date with all the latest Rebel news and information by following Ole Miss Soccer on Twitter at @OleMissSoccer, on Facebook at Facebook.com/OleMissSoccer and on Instagram at Instagram.com/officialolemisssoccer. Also, follow the head coach Matt Word on Twitter at @CoachMattMott.

Security and fraud protection are top priorities for banking consumers in 2022

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Branch support and new financial wellness tools for young consumers are also cited as “must-haves,” according to new research from Verint.

Concerns about the security of their funds and protection against identity theft are replacing “low or no fees” as key factors when choosing a new bank, with “security of personal information”, “protection against fraud” and “fraud alerts” among the main ones. factors considered by consumers, according to a new study published today by Verint® (Nasdaq: VRNT), the customer engagement company.

In addition to security concerns, the report highlights the need for banks to improve the in-branch experience as well as new and emerging needs to support the financial well-being of young consumers as the most important ways to improve the experience and customer satisfaction.

The Verint Experience Index(VXI): Banking Report is a benchmark consumer satisfaction survey of 20 major banks and includes Customer Satisfaction (CSAT) and Net Promoter Score (NPS)* rankings and insights from a survey of over 5,000 Gen Z, Millennials, Gen X and Baby Boomer consumers.

The VXI examines banking skills across five key factors that impact customer satisfaction: branches (convenience, diversity of locations, level of service); trust (accuracy of transactions, security, protection of PII); products (meet financial requirements, flexibility, clarity of terms); representatives (understanding, responsiveness, resolution); and services (account management, access, simplicity).

Verint’s methodology measures several key customer satisfaction factors to calculate their impact on CSAT, helping banks succeed in an era of more complex customer journeys and higher expectations than ever before.

Banks lack in-person support

In recent years, banks have streamlined their physical operations amid shutdowns and as digital banking has grown during the pandemic. Despite a move towards automation and a more digital world, many banking consumers still value human interactions, especially for more complex banking tasks.

Research shows that digital channels are popular for simple tasks. To research a product or service (57%), complete a transaction (53%) or request a product or service (49%), a large portion of consumers first interacted with the bank on its website or mobile app or via chat/email to perform these tasks.

When a task is more complex, customers prefer human interaction. The last time they needed to resolve a problem with their accounts, 54% of consumers first called the bank or went to a branch or drive-thru. Baby boomers were more likely than younger consumers to go inside the bank (27%) – at least 10 percentage points more than younger consumers. Nearly 40% of consumers who visited a branch said they had to wait longer than expected.

“The banking industry is facing a scenario where the great resignation meets the ‘great recalibration,’” said Jenni Palocsik, vice president, marketing analytics, experience and enablement at Verint. “Banks are recalling furloughed staff, reassigning team members who were dedicated solely to digital channels, and rethinking how to adequately staff bank branches to meet fluctuating in-person service needs.”

Given this new challenge, banking operations should consider adding digital technology to enhance the branch experience. Digital channels can be used by customers to book appointments via online forms or automated email flows. Customers can receive reminder alerts and appointment information, while branches can prepare for appointment volume and timing and allocate resources accordingly.

Retooling necessary to meet the needs of young customers

In last year’s VXI for Banking report, Gen Z and Millennial consumers led the way in embracing new, additive banking services such as micropayment apps such as Venmo and Zelle. This year’s research shows that the need to expand banking offerings to incorporate new financial tools and technologies to empower young consumers to better manage their finances continues.

This year’s research found that Gen Z and Millennial banking consumers need more help with cutting costs, tracking subscriptions, creating budgets and managing expenses.

“With global inflation pressures mounting, a lack of financial management assistance is likely to have a greater impact on younger generations than it did six or twelve months ago,” Palocsik says. “With many younger consumers keen to switch banking providers, banks need to offer products and services to help bridge the financial literacy gap among Gen Z and Millennials to retain loyal customers for the long term.”

Download the Verint Experience Index: Bank Report for the full ranking and more information on the 20 banks featured.

Survey methodology

The Verint Experience Index (VXI) is a web-based panel survey report chronicling customer experiences in key industries. The 2022 edition of VXI for Banking ranks the omnichannel customer experience of the top 20 commercial banks in the United States that offer savings or checking accounts as ranked by the Federal Reserve based on total assets. Rankings are based on customer satisfaction (CSAT), on a scale of 0 to 100. Net Promoter Score (NPS) is also shown on a scale of -100 to 100. The most recent study was conducted from 16 March to April 10, 2022, with a total of 5,115 survey respondents.

About Verint

Verint® (Nasdaq: VRNT) helps the world’s most iconic brands, including more than 85 of the Fortune 100 companies, build lasting relationships with their customers by connecting work, data and experiences across the enterprise. Verint’s customer engagement portfolio is powered by the latest advancements in artificial intelligence and analytics, an open cloud architecture, and the science of customer engagement to help customers bridge the engagement capability gap.

Verint. The Customer Engagement Company. Learn more at Verint.com.

*Net Promoter, Net Promoter System, Net Promoter Score, NPS, and NPS-related emoticons are trademarks of Bain & Company, Inc., Fred Reichheld, and Satmetrix Systems, Inc.

This press release contains “forward-looking statements,” including statements regarding expectations, forecasts, beliefs, opportunities, plans, strategies, beliefs, and statements of similar effect regarding Verint Systems Inc. These statements forward-looking statements are not guarantees of future performance. and they are based on management’s expectations which involve a number of risks, uncertainties and assumptions, each of which could cause actual results to differ materially from those expressed or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2022 and other documents we file with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint undertakes no obligation to update or revise them or to provide reasons for which actual results may differ.

VERINT, VERINT DA VINCI, THE CUSTOMER ENGAGEMENT COMPANY, BOUNDLESS CUSTOMER ENGAGEMENT, THE ENGAGEMENT CAPACITY GAP and THE SCIENCE OF CUSTOMER ENGAGEMENT are trademarks of Verint Systems Inc. or its affiliates. Verint and other parties may also have trademark rights in other terms used herein.

Crypto Crime Drops 15% With Bear Market: Chain Analysis

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Illicit activity involving cryptocurrency is down 15% in volume so far this year, according to a new report from blockchain intelligence firm Chainalysis. This compares to a 36% drop in legitimate transactions.

“If we dig into specific forms of cryptocurrency-based crime, we find that some actually increased in 2022, while others decreased more than the overall market,” the company reports.

According to Chainalysis, total scam revenue for 2022 is 65% lower than it was through the end of July 2021 and currently stands at $1.6 billion, which they attribute to the overall market decline of cryptography.

“Since January 2022, scam revenue has fallen more or less in line with Bitcoin prices,” the company states. “The cumulative number of individual transfers to scams so far in 2022 is the lowest it has been in the past four years.”

This change suggests that fewer people are falling for cryptocurrency scams, according to Chainalysis, as these scams are less attractive now that values ​​are falling in the bear market.

Another factor in the decline, the report notes, is that there has not yet been a single major scam in 2022 compared to previous years, when the scammers behind PlusToken earned over $2 billion in 2019 or when Finiko stole $1.5 billion in 2021.

Although the number of scams is decreasing, Chainalysis reports that in July 2022, $1.9 billion worth of crypto was still stolen in hacks. These include the $190 million hack of the Nomad Token Bridge or the $5 million stolen from Solana wallets earlier this month, compared to just under $1.2 billion in the same period l ‘last year.

“We shouldn’t expect the theft to decline based on movements in the cryptocurrency market like the scam does,” the company says. “As long as crypto assets held in DeFi protocol pools and other services are valuable and vulnerable, bad actors will try to steal them.”

Founded in 2014, Chainalysis provides software tools to government agencies, financial institutions, and businesses to detect and prevent crypto-related crime.

Stay up to date with crypto news, get daily updates delivered to your inbox.

AVAYA HOLDINGS CORP. : Notice of cancellation or non-compliance with a rule or standard for maintaining registration; Transfer of Registration, Other Events, Financial Statements and Exhibits (Form 8-K)

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Item 3.01. Notice of delisting or non-compliance with a rule or standard for maintaining registration; Transfer of registration

As stated earlier, Avaya Holdings Corp. (the “Company”) failed to timely file its quarterly report on Form 10-Q for the quarter ended June 30, 2022 (the “Form 10-Q”), for the reasons described in the Company’s notification on Form 12b-25 filed with the Security and Exchange Commission (the “SEC”) on August 9, 2022. On August 16, 2022the Company has received a notice (the “NYSE Notice”) from the New York Stock Exchange (the “NYSE”) advising the Company that, because the Company did not file Form 10-Q in a timely manner, it is not in compliance with Section 802.01E of the NYSE Listed Companies Handbook, which requires that companies listed on the NYSE file in a timely manner all periodic reports with the SECOND.

The NYSE notice is a routine notification to NYSE-listed companies that file their periodic reports late and has no immediate effect on the listing of the company’s common stock on the NYSE. The NYSE notice informed the company that, under NYSE rules, the company had six months from the date of the NYSE notice, until February 15, 2023, to file Form 10-Q and regain compliance with NYSE listing standards. If the company does not file Form 10-Q within the six-month period, the NYSE may, at its sole discretion, grant an extension of up to an additional six months for the company to regain compliance, depending on the circumstances. specific. Under NYSE rules, the NYSE may also initiate delisting proceedings at any time if it believes circumstances warrant such proceedings.

The Company is working to resolve the issues that caused the delay in filing the Form 10-Q so that it can file the Form 10-Q as soon as possible, but in any event plans to return the Form 10-Q filing in front of February 15, 2023 period stipulated by the NYSE in the NYSE Notice.

Item 8.01. Other events

On August 16, 2022, the Company issued a press release announcing that it had received the notice from the NYSE. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Caution Regarding Forward-Looking Statements

This report contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking” statements for purposes of WE federal and state securities laws. These statements can be identified by the use of forward-looking terms such as “anticipate”, “believe”, “will”, “could”, “estimate”, “expect”, “intend”, ” may’, ‘might’, ‘our vision’, ‘plan’, ‘potential’, ‘preliminary’, ‘predict’, ‘should’, ‘shall’ or ‘would’ or the negative thereof or other variations thereof or comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. These statements do not include the potential impact of business combinations, asset acquisitions, divestitures, strategic investments or other strategic transactions occurring after the date hereof. Although the Company believes these expectations, assumptions, estimates and projections to be reasonable, these forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. Risks and uncertainties that could cause these forward-looking statements to be inaccurate include, among others: the finalization of the Company’s third quarter fiscal 2022 financial statements; the findings of the Audit Committee’s investigations; the effectiveness of the Company’s internal control over financial reporting and disclosure controls and procedures, and the possibility of a material weakness in the Company’s internal control over financial reporting or other potential weaknesses of which the Company is not currently aware or which have not been detected; the Company’s ability to continue as a going concern; the impact of litigation and regulatory proceedings; the impact and timing of any cost reduction measures; termination or modification of ongoing contracts that may adversely affect the achievement of our OneCloud ARR metric; the duration, severity and impact of the coronavirus pandemic (“COVID-19”); the impact of Russia/Ukraine conflict on the global economy and our business, including the impacts of related sanctions and export controls imposed by the
WE, UK and the EU on certain Russian industries and parties as a result of the conflict, as well as the responses of the governments of Russia or other jurisdictions; and other factors discussed in the company’s annual report on Form 10-K and subsequent quarterly reports on Form 10-Q filed with the SECOND. These risks and uncertainties may cause the Company’s actual results, performance, liquidity or achievements to differ materially from any future results, performance, liquidity or achievements expressed or implied by such forward-looking statements. For a more detailed listing and description of such risks and uncertainties, please see the Company’s filings with the SECOND which are available at www.sec.gov. The Company advises you that the list of important factors included in the SECOND the repositories may not contain all of the material factors that are important to you. Further, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this report may in fact not occur. The company

————————————————– ——————————

does not undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.

Item 9.01. Financial statements and supporting documents

(d)  Exhibits

Exhibit                            Exhibit Name
99.1                                 Press Release of     Avaya Holdings Corp., dated August
                                       16    , 2022
104                                Cover Page Interactive Data File (formatted as inline XBRL)


————————————————– ——————————

© Edgar Online, source Previews

Synopsys trades in the buy zone ahead of earnings | Investor’s Business Daily

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Synopsis (SNPS) rallied to the 5% buy zone ahead of the Aug. 17 results and is trading at an all-time high. This stock to watch IBD 50 has been rising since July and has extended its gains so far this month.




X



This leading chip design software maker has been trending higher since second-quarter results on May 18. The shares passed a double buy point of 342.69 in late July and posted gains of 21% for the month.

SNPS stock is extended above its 50-day moving average, with shares up another 5% in August, and could be overdue for a break before continuing higher. Ideally, stocks will trade within 10% above this key moving average when investors start gaining exposure.

Synopsys broke above a suitable buy point of 377.70 on August 8 and is now crossing the 5% buy zone, adding another 0.6% to Monday’s market.

The relative strength line has risen alongside strong price action and is approaching a new high. The stock has also seen a recent string of bullish weeks on high volume, another bullish sign.

Synopsys is showing excellent mutual fund ownership, with top players loading, as well as an increase in quarterly fund ownership in recent quarters. For the quarter ending June 30, total fund ownership reached 2,564, compared to 2,180 in the same quarter last year.

Synopsys in the fast growing technology segment

Synopsys manufactures chip design software as well as tools to ensure the quality and security of software applications. There has been notable industry strength among companies in the Electronic Design Automation (EDA) sector. Synopsys’ EDA division provides customers with the tools to design their own chips.

Many software and technology companies that previously purchased chips from third parties have moved to designing them in-house. Allied Market Research now forecasts that the EDA market will grow from $11.5 billion in 2020 to $20.8 billion in 2027.

The company is well positioned to take advantage of the growing complexity of the semiconductor industry, as well as other key trends such as artificial intelligence, high performance computing and custom chip design.

Overview of Synopsys Earnings

Synopsys will release its third quarter results on August 17. Besides joining IBD 50 and Big Cap 20, SNPS stock is also among the long-term leaders, alongside its peers Cadence Design Systems (CNDS).

The Mountain View, Calif.-based company raised its outlook for the current quarter and full fiscal year on May 18. In the next report, the company is expected to post EPS of $1.99 per share on revenue of $1.21 billion. Analysts are also looking for annual EPS of $8.51, up 24%, according to MarketSmith. The company has posted average earnings growth of 40% over the past three quarters.

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The wheels keep turning | Review of business law in China

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HAfter reaching the middle of the year (at an almost uncanny pace), we usually look back and then forward at past accomplishments and future aspirations. Between recurring pandemic outbreaks, inflationary pressures and fluctuating energy prices causing major economies to pause and reflect, many found the first half of the year difficult. But the steps of progress cannot be stopped any more than the wheels of time cannot stop turning and, even in the stories covered by this issue of Review of business law in Chinawe find many reasons for optimism.

With capital tightening both at home and abroad amid new policies, Sino-US regulatory gridlocks and global geopolitical tensions, how should Chinese companies determine their listing destinations? Our cover, Markets of choiceexplores the bleak outlook facing Chinese companies listed in the US, but also the opportunities found in Stock Connect, a pilot private pension scheme, and the SME-focused Beijing Stock Exchange.

With China’s increasingly sophisticated capital market, especially in light of the full launch of registration system reform, companies are faced with more, but not necessarily simpler, options. In Long and winding roadstop law firms elaborate on many trending market issues, from rules on inter-counsel migration to benefits of the new ‘compliance and do not prosecute’ system.

Zooming in on China’s vast but still developing derivatives and futures market, the Futures and Derivatives Law, the first basic law in the country’s nearly 30-year history of futures trading, is expected to come into effect in August. The new law, consisting of 13 chapters and 155 articles, aims to align national practice with international standards, with requirements for cross-border trade bringing new compliance pressures.

Derivatives and futures trading can be technical and highly specialized, involving special legal protection mechanisms such as close-out netting, which previously risked being contradicted by bankruptcy law and its own brand of cross-border regulation and dispute resolution. In bright futurewe look at the new status of futures trading in China from this perspective.

For in-house lawyers, how to identify and collaborate well with outside lawyers who best fit business needs is a persistent headache. What is the best way to determine where the qualities of a law firm match the legal services needs of the company? Given their common legal backgrounds but with different motivations, how do in-house and external lawyers communicate and collaborate? In Match the piecesNancy Wei, Legal Director at Tupperware (China), and formerly at Mayer Brown and Stephenson Harwood, shares valuable insights from her experience on both sides.

Google is asking users to help it redesign the Home app experience

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San Francisco: Tech giant Google is inviting owners of Nest products to join the testing phase for a redesign of its Home app, an online listing has revealed, suggesting users could soon see a revamped experience on the service.

As one Reddit user noted, the company is “recruiting a group of highly committed testers who are ready to help Google Nest test an unreleased product,” Android Central reports.

The announcement was posted on the Centercode product testing platform. The company didn’t specify the product in question, but said testing would focus on a “next-generation design” of the Google Home app.

The program is open to anyone with one of the best Google Home-enabled devices, including “thermostats, Wifi, speakers, displays, cameras, doorbells, locks, Nest Protect (smoke detectors), and Chromecasts.”

The report mentions that users willing to sign a non-disclosure agreement can participate in the testing phase. However, it’s unclear what the new design will look like, but it looks like it will significantly improve the app experience.

The tests come six months after Google introduced changes to the Home app, including a new device control interface that replaced device icons with interactive toggles.

49ers stock up, stock drops after preseason win over Packers

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The 49ers preseason opener was mostly a success. They came out of Levi’s Stadium with a 28-21 win over the Packers, so far they’ve avoided serious injury, and there haven’t been too many terrible performances.

We’ve put together a list of players who saw their stock go up on Friday night. We also took note of a few who saw their stock drop a bit after the first 60 minutes of football of the year.

Buy 49ers Tickets

Quarterback Trey Lance didn’t make the roster after looking like we thought he’d come in.

Here is the 49ers stock report:

(Photo by Thearon W. Henderson/Getty Images)

It’s hard for a rookie cornerback to make a better debut than Womack. He played most of Friday’s game and came away with two interceptions – both on tough plays. Womack entered the night into the mix to be the starting corner, and it’s hard to find anything in his performance against Green Bay that would indicate he’s not firmly in the mix yet.

Kyle Terada – USA TODAY Sports

This is not a referendum on Moore as a player. He’s certainly talented, but Friday night was a huge blow to his chances of starting with solid safety. He got cooked by Packers rookie wide receiver Romeo Doubs for Green Bay’s first touchdown, and in general looked like a player still recovering his legs after returning from a torn Achilles. Moore should be fine on the road, but it’s hard to imagine him starting Week 1 given how he looked on Friday.

(Photo by Thearon W. Henderson/Getty Images)

Gray’s speed was on display on his 76-yard touchdown reception on a deep shot from Trey Lance. His stock is on the rise but for more reasons than his speed. He made a nice hitch on the sidelines after a high throw from Lance. Gray couldn’t put his feet up for the reception but he got on and made the catch anyway and overall it looked like he’d be able to impact the games in more ways than ‘with straight-line speed.

Kyle Terada – USA TODAY Sports

It was not a good night for the 49ers on special teams. They allowed a long kick return and return man JaMycal Hasty had a disastrous play where he caught a kickoff before it went out of bounds and then came out on the 5-yard line of the 49ers. It cost San Francisco 35 yards. It was supposed to be an upgraded special teams unit, but early returns from Friday aren’t promising.

(AP Photo/Godofredo A. Vasquez)

The undrafted rookie linebacker came in early and played a ton. He was often around the ball and managed an interception on an overturned ball in the red zone. Then he showed his athleticism and ran for 57 yards on the return to give the 49ers offense great field position at 39 from Green Bay. There may not be a spot on the open roster for him, but it’s easy to see McCrary-Ball staying on team practice and possibly in the mix next season.

Stan Szeto – USA TODAY Sports

Turner was getting buzz in training camp for some acrobatic holds. He caught just one fly ball for eight yards on two targets in Friday’s game. A player will have to really shine to stay as the sixth receiver, and he’ll probably have to show that he can make an impact in games on offense. Turner still has a way to the roster, although the first preseason contest didn’t help.

(AP Photo/Jed Jacobsohn)

McCloud had a good night. He led the team with four receptions, which he turned into 63 yards and a touchdown that lasted 39 yards. His route on the TD was nasty, and later in the game he threw a nice block on a short pitch to RB JaMycal Hasty. It looks like McCloud is on track to do more than just return kicks for San Francisco, although regardless of the size of his role, he has to learn to hang on to football.

Exterior Q&A: Is the monarch butterfly now listed as endangered? | Outside

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Monarchs

Q: Is the monarch butterfly now listed as endangered?

Click to view larger

Monarch butterflies are not currently listed as endangered by the federal or California governments. (Hillary Sardiñas/DFW Pollinator Coordinator)

A: In July 2022, the International Union for Conservation of Nature (IUCN) has reclassified the migratory monarch butterfly as endangered on its “red list”. It was previously listed as declining.

IUCN’s action will help draw attention to the causes of monarch decline, including habitat loss, climate change and exposure to pesticides. The decline was more pronounced in the western population wintering in California than in the eastern population wintering in Mexico.

However, the IUCN classification does not translate into legal or regulatory protections for the species. The US Fish and Wildlife Service concluded that the listing of monarchs under the Federal CA on Endangered SpeciesThis would be justified, but is excluded due to other high priority species.

Currently, the monarch is expected to be federally listed in 2024. Monarchs are not listed as threatened or endangered under the California Endangered Species Act (CESA). The CESA registration process can be found at fgc.ca.gov/cesa.

In early 2022, new data showed that wintering numbers for western monarch butterflies increased to nearly 250,000. While these numbers are encouraging, this year-over-year trend does not represent a full recovery given that historically monarchs numbered in the millions along the California coast.

Nonetheless, the California Department of Fish and Wildlife (CDFW) remains cautiously optimistic and inspired to build on the success of the past year. We are focused on improving the management of CDFW-owned overwintering sites, increasing the availability of native early-season milkweed to support first-generation monarchs, and improving collaboration with state and federal partners to catalyze monarch conservation throughout California.

For more information, visit CDFW’s Monarch Butterfly Web pagewhich includes a section on frequently asked questions.

salmon fishing

Q: When fishing for salmon, is it legal to use a jig over three ounces with treble hooks or does it have to be a single hook?

A: In the scenario you described, the angler should be using a single hook and not a treble hook. It is illegal to use a multiple hook or more than one single hook on non-buoyant artificial lures exceeding one ounce.

This information is covered on pages 17-18 of the California Freshwater Sport Fishing Regulations. The regulations are designed to prevent salmon snagging.

Halibut

Q: Is it legal to gaff a California halibut as long as it exceeds the minimum size limit of 22 inches? I’m curious about this for boating and shore fishing.

A: Yes, you can fish for legal size halibut. Gaffs may be used to land most species that are at or above the minimum size limit, per California Code of Regulations (CCR), Title 14, Section 28.65(d).

Gaffs are not permitted for catching species that have a defined and authorized method of catching or have a snagging ban. Examples include, but are not limited to, sturgeon and striped bass.

Section 28.65(d) also specifies that a dip net with an opening diameter of 18 inches or greater must be on board when fishing from a boat or floating gear in ocean waters.

For more information see the CDFW fact sheet on handling short halibut (PDF).

Bear sightings

Q: I live in the North Bay area and heard of a bear sighting in a residential area. What should I do if I see a bear?

A: If you see a bear in an urban area, we suggest you notify local law enforcement or your CDFW Regional Office. Your local police or sheriff’s department will be in the best position to respond quickly and secure the area in the event of a public safety issue. Local law enforcement may also contact CDFW and animal control authorities for assistance.

That said, the appropriate response to the sighting of a bear depends on the situation.

Note that when bears enter urban areas, they are usually in search of food. The best way to keep a bear away from your property is to remove all attractants like unsafe trash and pet food. For more advice, visit the CDFW Human-Wildlife Conflict Program Web page.

Seeing a bear on the outskirts of town in a less populated area may warrant a call to the non-emergency number of your local police or sheriff’s department. You might consider programming your local law enforcement non-emergency phone number into your phone.

If there is a possible threat to public safety, call 911. For example, seeing a bear crossing a densely populated area would warrant a call to 911.

If an animal has damaged your property or you want to report a bear encounter, you can submit a wildlife incident report online at CDFW through the statewide Wildlife Incident Reporting System.

LMP AUTOMOTIVE HOLDINGS, INC. : Notice of expungement or non-compliance with a continuing registration rule or standard; Transfer of Registration, Financial Statements and Exhibits (Form 8-K)

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Section 3.01 Notice of Cancellation or Non-Compliance with a Rule or Standard for Maintaining Listing; Registration transfer.

As indicated previously, the May 19, 2022, LMP Automotive Holdings, Inc. (the “Company”) has received notice (the “Notice”) from Nasdaq Listing Qualifications personnel of The Nasdaq Stock Market LLC (“Nasdaq”) that, as a result of its failure to timely file its annual report on Form 10-K for the fiscal year ended December 31, 2021 and quarterly report on Form 10-Q for the period ended March 31, 2022 the Company remains in non-compliance with Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of all required periodic financial reports with the Security and Exchange Commission. The Company announced today that in connection with the previously announced sale of substantially all of its assets, it has notified Nasdaq of its intention to voluntarily withdraw its common stock from the Nasdaq Capital Market. The Company plans to file a Form 25 with the Security and Exchange Commission to effect the voluntary delisting of the Common Stock pursuant to Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) on or about
August 15, 2022and that the cancellation will be effective on or about August 25, 2022 – ten days after the filing of the Form 25. Following the delisting, the Company expects its common stock to trade at the OTC Pink Market level. Following the delisting, in order to reduce expenses, the Company intends in the future to delist its common stock and suspend its reporting obligations under the Exchange Act.

On August 15, 2022 the company issued a press release regarding its voluntary delisting, a copy of which is attached to this current report.

Item 9.01 Financial statements and supporting documents.

In accordance with the rules and regulations of the SECONDthe company filed the press release as Exhibit 99.1 to this Current Report on Form 8-K.


Exhibit No.   Description of Exhibit

99.1            Press Release dated August 12, 2022
104           Cover Page Interactive Data File (embedded within the Inline XBRL document)




                                       1

© Edgar Online, source Previews

How to Spot Fake Amazon Reviews

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If you’ve bought enough stuff from Amazon, you may have been duped once or twice. That’s because fake Amazon reviews are big business.

It is also a big headache for consumers. Every time we buy a dud of a fake five-star product, we become more and more wary of buying products from Amazon in the future, even those that truly deserve high ratings. The company makes it easy to return items, but if something goes 31 days after you buy it, you’re often left to deal directly with an untrustworthy seller.

While there are several ways to outsmart unscrupulous sellers – searching for product reviews outside of Amazon, examining seller history, reading every word of every review from newest to oldest with a magnifying glass – it becomes terribly tedious.

With that in mind, here are two simple checks I use every time I buy something on Amazon. Neither take very long and both seem to paint a reasonably clear picture of any product I might consider.

It’s a numbers game

If a product does not have many reviews and if the reviews it Is seemed overwhelmingly positive, maybe something weird is brewing. Consider the list below.

Not to pick on this particular unidentified product – to be fair, it might be unbelievable – but it has three written reviews that use the word “love” a combined total of five times.

One review calls it “better than described” and another enthusiastically regurgitates all the marketing messaging selling points.

Life in the two- to four-star range tends to be pretty decent.

Oh, and the titles of the three reviews: There’s “Love it” and of course “Great product” and then we tear down with “Fun for the whole family!” Very funny!”

And finally, note that two of the reviews have the “Verified Purchase” tag next to them. This means that Amazon can attest that the person who reviewed this thing actually purchased it from Amazon. Two of the reviews have this tag, but the one that doesn’t have a user-submitted photo of the device.

A cynic might wonder if the company purchased two of its own devices in order to submit “Verified Purchase” reviews, and then submitted another review with a homemade photo of the device to make it look like a legitimate review.

So, red flags abound here. Again: not that this product is not Absolutely the greatest of its kind – and legitimate reviews – but it’s a risky proposition.

Also, be sure to check the exam dates. The oldest here is from October 2021, meaning this product has been out for almost a year but only has three reviews.

Honesty lives in the middle of the road

For products that have substantially more than three reviews, I like to discard all five-star reviews because these can be purchased, submitted by the company, or simply posted by overzealous wackadoos. And I like to toss all one-star reviews because these can be submitted by competitors, malcontents, or overzealous wackadoos.

But life in the two- to four-star range tends to be pretty honest.

To filter reviews this way, scroll down to the reviews section of a particular product and you’ll notice a simple “See all reviews >” link under the lowest review. This is where the magic happens.

Click on it and you will be taken to a product review page. Here there is a sorting and filtering function that you can use to see only two, three and four star reviews.

So this specimen here has about 100 reviews. Five-star reviews contain many superlatives, exclamation points, the word “love”, and family stories.

The one-star reviews seem a bit more genuine, but generally angry, so let’s be fair and toss them since we’re also throwing the five-star reviews.

Checking only the two-, three-, and four-star reviews, a pretty clear picture emerges of the first handful. This is a console for playing retro video games and just about every reviewer in the two to four star range complains that the game controllers feel cheaply made and/or don’t work with some games.

So there you have it: a decent retro console with unexceptional controllers. Probably not worth its $100 asking price.

NFL Insider shares Roquan Smith’s landing spot list

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(Photo by Jonathan Daniel/Getty Images)

Chicago Bears outside linebacker Roquan Smith can improve any team he joins.

But for their trade request to come true, the team must find the best partner for their skills.

Teams should line up to acquire a player of his caliber, especially after being second-team All-Pro for the past two seasons.

He chained his 98 solo tackles in 2021 with 95 in 2021.

The former Georgia player also has 14 sacks, 17 passes defended and five picks in his career so far.

Teams that trade for Smith should be able to absorb the $9.7 million Chicago owes him under his fifth-year option.

In this case, CBS Sports has shared the best destinations for Smith.

Writer Tyler Sullivan included the Dallas Cowboys as a possible landing spot to replace Leighton Vander Esch.

Upgrade aside, team owner Jerry Jones isn’t afraid to make huge financial commitments like Smith’s salary.

He could also play for the Miami Dolphins as his skills complement those of Jevon Holland, Christian Wilkins and Xavien Howard.

The New England Patriots could also have a hand in finding a better option at center linebacker than Cameron McGrone and Ja’Whaun Bentley.

Broncos and Ravens Best Landing Spots

The Denver Broncos could improve their center linebacker position which looks like a donut hole in the current rotation.

Smith is by far a better option than Jonas Griffith and Josey Jewell, which makes the trade wise.

He would also have a great time playing with Randy Gregory and Bradley Chubb.

Finally, Sullivan sees the Baltimore Ravens as the best destination due to their shallow depth at Smith’s position.

Bell Food: 2022 half-year analyst presentation (3 MB)

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Bell Food Group

Disclaimer

This document does not constitute an offer to sell or a solicitation to buy securities. It does not constitute an offer, a public offer or a prospectus within the meaning of art. 3 and 35 et seq. of the Federal Financial Services Act (FinSA) or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Copies of this document may not be sent to or from other jurisdictions or distributed elsewhere where restricted or prohibited by law.

Should it turn out that this document constitutes an offer, a public offer, a prospectus, a basic information sheet or a similar notice within the meaning of the FinSA, it is specified that Bell Food Group SA has analysed, compiled and presented available information to him with due care. This document

also contains some future-orientedstatements. These forward-looking statements, plans, objectives, estimates and strategies are subject to known and unknown risks, uncertainties and other factors, which may mean that the actual results, financial situation, development or other (possibly material) aspects of relevant to investors may differ from what has been explicitly or implicitly assumed and/or stated in such statements, plans, objectives, estimates and strategies. Because of these uncertainties, investors and others cannot rely on these forward-looking statements, plans, objectives, estimates and strategies.

Bell Food Group Ltd disclaims any responsibility or obligation to investors and the general public to update these forward-looking statements, plans, objectives, estimates and strategies or to modify them in light of future events and developments.

Leveraging IT tools to improve product design | MIT News

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As an undergraduate student at MIT, Jana Saadi had to find a way to meet the demands of her humanities course. Little did she know that her decision would strongly shape her college career.

On a whim, Saadi had joined a friend in a course offered by MIT D-Lab, a project-based program aimed at helping impoverished communities around the world. The class was meant to be one-off, but Saadi fell in love with D-Lab’s mission and design philosophy, and remained involved throughout the rest of her undergraduate studies.

At D-Lab, “you do not create products for people; you create products with people,” she said. Saadi’s experience with D-Lab sparked an interest in the process behind product design. Now she’s pursuing a doctorate in mechanical engineering at MIT, researching how artificial intelligence can help mechanical engineers design products.

Saadi’s path to engineering began at an early age. She grew up in New Jersey with engineer parents. “My dad loves DIY projects and I’ve always found myself helping him around the house,” she says. Saadi enjoyed exercising his creative problem-solving skills, even on small tasks such as fixing an ill-fitting pot lid.

With her education, it was no surprise when Saadi ended up pursuing undergraduate and master’s degrees at MIT in mechanical engineering, with a concentration in product design. But she wasn’t always sure about pursuing a doctorate. “Curiously, what convinced me to pursue my doctoral studies was writing my master’s thesis and seeing it all come together,” she says.

Today, Saadi works to improve the product design process by evaluating computer design tools, exploring new applications and developing educational programs. For some of her research, she even found herself collaborating with D-Lab again. Saadi is currently advised by Maria Yang, professor of mechanical engineering at MIT and academic director of the MIT D-Lab faculty.

Understand the role of artificial intelligence in product design

When designing products, mechanical engineers juggle multiple objectives at once. They must make the products easy to use and aesthetic for the users. But they also need to take into account the results of their business and produce products that are cheap and easy to manufacture.

To help streamline the design process, engineers sometimes turn to artificial intelligence tools that help generate new designs. These tools, also known as generative design tools, are commonly used in the automotive, aerospace, and architectural industries. But the impact these tools have on the product design process is unclear, Saadi says, making it difficult for engineers to know how best to leverage them.

To provide clarity, Saadi assesses how engineers use generative design tools in the design process. So far, she has discovered that these tools can fundamentally change design approaches through a “hybrid intelligence” design process. With these tools, engineers first create a list of engineering constraints for a product without worrying about its appearance. For example, they may indicate where the screws are needed, but not specify how the screws are held in place. Then they feed the constraints into a generative design tool, which generates a product design accordingly. Engineers can then shift gears and evaluate the product for other goals, such as whether it is easy to use or easy to manufacture. If they are not satisfied with the product, they can modify the constraints or add new ones and run them again in the tool.

Through this process, engineers can focus on “understanding the design problem and uncovering the factors that drive the design,” says Saadi. With generative design tools, engineers can also iterate on designs faster, boosting the creative process as engineers test new ideas with less effort.

Generative design tools can also “change the design process” by enabling more complex designs, Saadi says. For example, instead of using structures with simple shapes, such as rectangular bars or triangular supports, designs can have an “organic” look that resembles the irregular patterns of coral or the twisting roots of trees.

Prior to this project, Saadi had little experience with IT tools in the product design process. But it “gave me an edge,” she says, to approach the process with fresh eyes and ask questions about design practices that might normally be taken for granted. Now Saadi analyzes how engineers and tools influence each other in the design process. She hopes to use her research to provide guidance on how generative design tools can support more creative designs.

Designing homes with Ugandan communities

Saadi expands the scope of computer design by looking at a new application: cookstoves for low-income areas, like Uganda. For this project, she is working with Yang, Dan Sweeney of MIT D-Lab and Sili Deng, professor of mechanical engineering at MIT.

Affordable cookstoves in low-income areas often release harmful emissions, which not only contribute to climate change, but also pose health risks. To reduce these impacts, Saadi and his collaborators are developing a stove that uses clean energy but remains affordable.

In the spirit of D-Lab, Saadi works with Ugandans to adapt the home to their needs. Originally, she had planned to travel to Uganda and interview people there. But then the Covid-19 pandemic happened.

“We had to do everything virtually, which had its own challenges” for Uganda, she says. Many Ugandans do not have access to the internet, eliminating the possibility of online surveys or virtual interviews. Saadi ended up working closely with a community partner in Uganda called Appropriate Energy Saving Technologies (AEST) to gather people’s opinions. AEST assembled a team on site to conduct in-person interviews with paper-based surveys. And Saadi consulted with AEST founders Acuku Helen Ekolu and Betty Ikalany to ensure the survey was culturally appropriate and understandable.

Fortunately, what started out as a rudimentary practical solution ended up being a godsend. Saadi’s polls were multiple-choice, but people often explained their reasoning to pollsters, providing valuable information that would have been lost in an online poll. In total, the team conducted around 100 surveys. “I liked this mixed survey-interview format,” she says. “There is a lot of wealth that came out [the survey responses].”

Now Saadi is translating the answers into digital design requirements for engineers, including herself. For example, “users will say ‘I want to be able to carry my cooker from outside to inside,'” which means they care about the weight, she says. Saadi must then determine an ideal weight for the cooker and include that number in the technical requirements.

Once they have all the requirements, the team can start designing the fireplace. The fireplace will be based on the Makaa fireplace, a portable and energy-efficient fireplace developed by AEST. In the new cooker design, the MIT team aims to improve its performance to cook food faster – a common request from users – while remaining affordable, Saadi says. To design the new fireplace, the MIT team plans to use a generative design tool, making the project one of the first uses of computer design for fireplaces.

Reform the design program to be more inclusive

Saadi also works to improve the product design process through curriculum development. Recently, she joined MIT’s Design Justice Project, which aims to ensure that students learn to design in ways that are inclusive for their users. “Education is about training the designers of the future, so you want to make sure you’re teaching them how to design fairly,” says Saadi. The project is made up of a team of undergraduate and graduate students, post-docs and professors in engineering and non-engineering fields.

Saadi helps the team develop surveys of instructors to determine if and how they have changed their design curriculum over time to include Diversity, Equity and Inclusion (DEI) principles. Based on the survey results, the team will offer concrete suggestions for instructors to further integrate DEI principles into their curriculum. For example, one recommendation might be that instructors provide students with a checklist of inclusive design considerations, Saadi says.

To help generate more ideas and expand this conversation to a wider community, Saadi is helping the team organize a two-day summit for people working in design education, including instructors from MIT and other institutions. At the summit, attendees will discuss the future of design education and consider ways to translate DEI principles from the classroom into industry standard practices. The summit, called Design Justice Pedagogy Summit, will take place later this month from August 24-26.

“As you can see, I enjoy this part of my PhD where I have time to diversify my research,” says Saadi. But basically, “my approach to research is [understanding] the people and the process. There are many interesting questions to ask.

Roblox (RBLX) Q2 2022 Results

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The New York Stock Exchange welcomes Roblox (NYSE: RBLX) executives and guests, today, Wednesday, March 10, 2021, to celebrate its direct listing.

NYSE

Roblox released results on Tuesday that lacked analysts’ estimates of the top and bottom results.

Here’s how the company did it:

  • Loss per share: 30 cents vs. 21 cents expected, according to a survey of analysts polled by Refinitiv.
  • Revenue: $639.9 million vs $644.4 million expected, according to Refinitiv.

The shares fell more than 12% in after-hours trading.

Revenue is what Roblox calls bookings, which includes sales booked during the quarter and deferred revenue. Bookings were down 4% year over year. The company generates revenue through sales of its virtual currency called Robux, which players use to dress up their avatars and purchase other premium features in games.

Roblox reported 52.2 million average daily active users, about one million less than the StreetAccount consensus. This figure is up from 21% the previous year, but down from the 54.1 million daily active users reported in the first quarter. Users spent over 11 billion committed hours in Roblox during the second quarter.

Roblox said average bookings per daily active user were $12.25, down 21% year over year.

The company also offered a preview of the third quarter. He said daily active users in July hit an all-time high of 58.5 million, up 26% year-over-year. And bookings for the month fell between $243 million and $247 million, up 8% to 10% from July 2021.

The company has seen bookings increase by more than 200% during the pandemic, when children spent more time on their screens while stuck at home. The title was hot in 2021, following Roblox’s direct listing in March. Its market capitalization approached $80 billion before peaking in November 2021. The shares are down more than 60% from their highs.

Chief Commercial Officer Craig Donato told CNBC’s Steve Kovach that Roblox is optimistic about the future due to its investments in its employees, server capacity and global data centers.

“We’re really in investment mode,” Donato said, “and that’s going to dampen profits a bit, but these are investments that are the right investments for us and will pay off within three to three-five years. .”

Executives will discuss the results with analysts on a conference call beginning at 8:30 a.m. ET Wednesday.

IGEA Pharma NV: IGEA will obtain a new approval from SIX for the publication of the 2021 annual report

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IGEA Pharma NV / Key word(s): Annual results/Annual results

09-Aug-2022 / 00:30 CET/CEST
Publication of an ad hoc announcement pursuant to Art. 53LR
The issuer is solely responsible for the content of this announcement.


IGEA to obtain further approval from SIX for the publication of the 2021 annual report

Hoofddorp, The Netherlands, August 09, 2022. IGEA Pharma NV (SIX: IGPH) announced today that it has been granted a temporary exemption from its publication obligations regarding the 2021 annual report.

At the request of the Statutory Auditors, even if the 2021 annual report is completed, additional time for the review and drafting of the Statutory Auditor’s report is necessary.

As approved by SIX, this press release reproduces the relevant part of the decision:

I. The request for exemption from IGEA (Issuer) dated July 25, 2022 requesting a
extension of the deadline for publishing its 2021 annual report and filing this report with
SIX Exchange Regulation AG until August 31, 2022 at the latest is granted from
Issuers Committee of the Regulatory Board with the following reservation (lit. a and b) and under the following conditions (lit. c):

  1. Since the deadline for publication of the 2021 annual report and filing of this report with
    SIX Exchange Regulation AG has been extended several times, it should be noted
    that the extension is granted for the last time until August 31, 2022.
  1. The suspension of trading in the registered shares of the Issuer remains in force
    until the publication of the 2021 annual report in accordance with the provisions relating to event advertising (Art. 53 of the Listing Rules [LR] in connection with the directive on event advertising [DAH]) and filed with SIX Exchange Regulation AG.

  2. The IGEA is required to publish a notice in accordance with the provisions on publicity

occasional publicity (art. 53 LR in relation to the DAH) concerning this decision

until Tuesday, August 09, 2022, 07:30 CET, at the latest. The notice must

contain:

– the reproduction without modification of the wording of para. I. of this decision,

placed in a prominent position;

– the reasons for the Issuer’s request for a third party

Extension of the deadline for publication of its 2021 annual report and filing

said declaration to SIX Exchange Regulation AG”

***

About the IGEA

IGEA Pharma NV focuses, through its joint venture, on industrial supercritical CO2 extraction of CBD and other valuable components from their plant matrices for health prevention, pharmacy, food and pharmaceuticals. beverages and other selected industries, with an innovative and highly diversifiable business pipeline. The company aims to become a center of excellence in highly controlled plant matrices and their industrial extraction technology. On the other hand, Igea operates in health technology preventive products and devices, marketing an Alzheimer’s disease prevention kit (which

includes ‘Alz1’, a home laboratory test kit to measure unbound copper in the blood and a natural dietary supplement brand ‘Alz1 Tab’ designed to reduce the level of heavy metals in the blood) and plans to integrate

the pipeline based on the detection of unbound copper with prevention of type II diabetes in the near future. IGEA also markets a rapid COVID19 test for the detection of IgM and IgG antibodies related to SARSCoV-2.

IGEA is listed on the SIX Swiss Exchange (ticker IGPH) and is headquartered in Hoofddorp, the Netherlands. Learn more about www.igeapharma.nl

contacts

Vincenzo Moccia, CEO, +393405830933

m[email protected]

Disclaimer

This document does not constitute an offer to purchase or subscribe for securities and either this document

nor should any part of it form the basis of any investment decision in IGEA. The information contained

in this press release has been carefully prepared. However, IGEA neither assumes nor assumes any responsibility for

regardless of the nature of the accuracy and completeness of the information provided here. The IGEA does not

assume an obligation of any kind to update or correct the information contained in this press release

whether as a result of new information, future events or for other reasons. This publication may contain

Specific forward-looking statements and assessments or intentions regarding IGEA and its business.

These forward-looking statements are subject to known and unknown risks, uncertainties and other factors.

which may result in a substantial difference between the actual results, the financial situation, the evolution,

or the performance of IGEA and those explicitly or implicitly assumed in these statements. Against the

In the context of these uncertainties, readers should not rely on forward-looking statements. IGEA assumes

no responsibility to update forward-looking statements or to adapt them to future events or developments,

except as required by law.


End of privileged information


Amazon drop-selling resellers are costing a family-run candy maker millions

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Mitchell Owens recently discovered that mysterious entities were selling bulk orders of Dum Dums lollipops on Amazon for a few dollars less than his company’s asking price. Owens, who runs e-commerce operations for Spangler Candy Co., worried the candies were potentially dangerous counterfeits.

So he placed an order with one of the Amazon merchants. A few days later, a package of 500 lollipops arrived at her doorstep. They weren’t counterfeit and – strangely enough – shipped directly from Sam’s Club at Walmart Inc.

Owens had stumbled upon a price arbitrage scheme in the imperfectly-monitored online marketplace of Amazon.com Inc.

The hustle works like this: Sellers, often guided by how-to tutorials on YouTube, TikTok and Instagram, scour the internet for products at lower prices than Amazon. Then they post the items on the website, wait for someone to place an order, buy the product from another retailer, have it shipped directly to the customer, and pocket the difference.

Amazon’s rogue merchants sell a wide range of items, including breath mints, cereal, baking powder and feminine hygiene products.

They never touch the merchandise, a practice known as drop shipping. The scheme is a violation of Amazon policy, which prohibits merchants from shipping products from other retailers, but the perpetrators are betting they will escape detection amid the clutter of Amazon’s vast online store. the company.

With Dum Dums, sellers are taking advantage of a gaping price gap between Sam’s Club, which rewards its members by selling a deeply discounted 500-pack for around $15, and Amazon, where Spangler sells its exclusive 400-pack for about $26. Sellers can charge $25 on Amazon to entice price-conscious shoppers and pocket around $6 after Amazon’s fees are subtracted.

Amazon shoppers might find it odd to receive a box from Sam’s Club, but they receive an extra 100 lollies and are therefore less likely to report the issue.

In the beginning, lollipop dropshippers were rare. Spangler complained to Amazon, which usually suspended the seller a week later.

But over the past six months, the number of merchants selling Dum Dums on Amazon has proliferated so rapidly that Spangler can’t keep up with them. Owens thinks a contest of forces — the work-from-home trend, rising prices, online tutorials — has prompted more people to seek out side hustles.

Bloomberg identified about 20 merchants selling 400 packs of Dum Dums on the site in July, but that number is constantly changing as sellers jump in or new ones start up.

“It’s become a tsunami that we can’t control,” Owens said. “There’s a whole cottage industry that encourages people to start their own businesses selling on Amazon and shipping directly from other retailers.”

Complaining to Amazon no longer works because when Spangler suspended a seller, others appeared to replace them. It’s too expensive to have lawyers deal with it, and the consultants who help businesses navigate the online market haven’t been of any help.

Spangler, a 115-year-old family business that also makes candy canes and Sweethearts at its factory in Bryan, Ohio, says the Dum Dums racket has cost it millions of dollars in lost business and legal fees – real money for a company of its size.

“Amazon is too big to listen to anyone,” Owens said. “If you get your hands on someone, they’ll say, ‘I don’t know what to tell you. Even if it violates our policy, there is nothing we can do.

In an emailed statement, Amazon spokesman Nathan Strauss said the company has long prohibited sellers from shipping products from other retailers to customers.

“We monitor a variety of data and signals to detect, investigate and enforce violations of this policy,” Strauss said. He declined to provide further details on how Amazon enforces the policy or how many merchants have been suspended for violating it.

Sam’s Club, which allows drop shippers to ship products for free to 10 addresses, declined to comment.

American shoppers will spend nearly $400 billion on Amazon this year, which is more than $1 for every $3 spent online, according to Insider Intelligence Inc. This market dominance makes the online marketplace a convenient place for brands to shop. reach buyers.

The reach also makes Amazon.com a great hangout for unscrupulous people looking to make a quick buck. Amazon constantly battles counterfeits, fake reviews, and even employees who take kickbacks from merchants who buy preferential treatment.

But the company’s efforts are largely reactive, and the problems persist because anyone can start a business selling virtually anything on Amazon with little more than an email address. The Dum Dums racket doesn’t seem to hurt Amazon because it still makes a commission on every sale even if the product is from Sam’s Club.

The direct delivery method practiced by Dum Dums sellers is a variation of a long-standing version of retail arbitrage.

For many years, enterprising Americans have been buying clearance merchandise from physical chains and reselling it at a premium on Amazon and EBay Inc. These people have to visit multiple stores and prepay inventory and shipping costs. .

In contrast, dropshipping can be done at home without spending money until orders are placed. Proponents advocate the use of store credit cards with cashback bonuses to sweeten the rewards. As one TikToker pushing the drop-shipping method put it: “It costs you nothing to list a thousand items on Amazon.”

It is difficult to assess the extent of the phenomenon, but it seems to be gaining momentum. Google’s monthly searches for “Amazon dropshipping” hit 22,200 in June, up 50% from a year earlier, according to BuzzSumo, a social media analytics tool.

And explainer videos are proliferating online.

In a YouTube post last year, someone calling himself “ecomTom” shows how easy it is to find cheaper ceiling fans on the Lowe’s Cos Inc. website, create an Amazon account for sell them, ship the fans from the home improvement chain to the customer and pocket the difference. EcomTom, whose video has generated nearly 200,000 views, says those who follow its system can earn between $5,000 and $10,000 a month.

His videos and other free online videos often serve as advertisements for other paid services, including lessons and advice.

An exterior view of Spangler Candy Company in Bryan, Ohio.

(Madalyn Ruggiero/Associated Press)

Spangler’s e-commerce chief Owens suspected that many people selling Dum Dums on Amazon got the idea from an entity called Dragons E-commerce, which released a YouTube video in April showing how to find deals on Sam’s Club for things like Starbucks coffee, Bounty paper towels and Tide Pods laundry detergent, then resell the products on Amazon for a profit.

Ali Haider, who makes Dragons E-commerce videos in Pakistan, told Bloomberg he has clients in the United States, Mexico and Canada who he teaches his dropshipping methods for around $250 per class.

“You can do it from anywhere in the world,” he said. “Following this model is not a problem.”

Haider, whose video has been viewed nearly 4,000 times, knows he is breaking Amazon policies but said the company only takes action if customers complain. He said he had only had one account suspended, after a customer complained about receiving a product late.

Haider said he never sold Dum Dums or encouraged any of his customers to sell the lollipops. “When we sell branded products, in all my time, I have never received messages from brands.”

Most merchants that deliver Dum Dums have obscure names like MZPRS Services or MK Investments, which can make it difficult to find owners.

Matt Priest of Sandy, Utah, sold the lollipops on Amazon under the trade name MattP Store. Reached by phone on July 6, Priest said he was unaware he was selling Dum Dums online. He said he invested $15,000 six months ago in a group that helps would-be entrepreneurs build businesses online. He declined to identify who he invested the money with and said he has recovered $45 so far.

“They said they had other clients who had been doing this for longer and were making thousands of dollars a month,” Priest said. As of July 20, her store no longer sold Dum Dums but carried seven other products, including a bulk box of Chex Mix snack mix and a 15-pound bag of Arm & Hammer baking soda. The priest said he was on vacation and did not return subsequent calls.

Joseph Mesi of Sewell, NJ, sold Dum Dums on Amazon under the trade name JRM Apex Sales. Reached by phone on July 6 and asked about Dum Dums, he replied, “It’s one of the things I sell there, yes. Sam’s club? Yeah, that’s one of the places I drop-ship from.

Mesi said he was busy and ended the call. Joined on July 18, he said: “I really don’t want anyone to know about my business or what I do. I am a private person. Mesi’s store hadn’t sold Dum Dums since July 20. It was selling 43 other products, including 20 Mule Team Borax, kitty litter, Life-Savers breath mints, 20-pound bags of rice and jumbo packs of Always brand maxi towels.

Spangler’s Owens said he had been able to reach merchants in the past, but found it a waste of time.

“I will explain who I am, say you are violating this policy and ask them to please stop,” he said. “Twenty-five percent of them say, ‘Oh, we’re sorry. Please don’t write a bad review. We are going out of the list. The other 75% say “fuck you,” and we have to wait a week for Amazon to go through their process to get the seller removed. That’s why it’s so damning. You go down to four or five vendors and the next day there are 20 more.

To help solve the problem, Spangler signed up for Amazon’s “transparency” program, created to allow companies to track products through the supply chain. More than 23,000 brands joined the program last year, according to Amazon, paying for a unique QR code for each item sold in the marketplace.

Spangler, who pays 5 cents per QR code, has spent thousands of dollars so far and is seeing some improvement, but Owens fears drop shippers may find a workaround.

Meanwhile, he continues to order Dum Dums to prove to Amazon that another unauthorized seller has appeared. It happens so regularly that Owens has reserved a section of his garage for all the boxes arriving from Sam’s Club.

“We tried so hard to resolve this issue with Amazon,” he said. “It’s just a shame they don’t work more closely with manufacturers. I wish there was a better relationship.

FABM CHIN: Update on Watchlist Removal Request

0

LINCOTRADE & ASSOCIATES HOLDINGS LIMITED

(Formerly known as Fabchem China Limited)

(Company Registration No.: 200413128G)

(Incorporated into the Republic of Singapore)

UPDATE ON WATCH LIST REQUEST

Unless otherwise defined herein or the context otherwise requires, all capitalized terms and references shall have the same meaning as defined in the Shareholders’ circular dated June 30, 2022 (“Circular“) regarding, among other things, the proposed acquisition and the Company’s announcements on SGXNET dated June 30, 2022, July 27, 2022 and August 3, 2022.

Board of directors (“Plank” Where “Directors“) of Lincotrade & Associates Holdings Limited (“Company“) refers to the announcement of August 3, 2022 and wishes to inform Shareholders that the SGX-ST had on August 5, 2022, informed the Company that it will be removed from the Watch-List with effect from August 8, 2022, under subject to the Company’s decision to transfer to Catalist upon completion of the proposed acquisition.

Following completion of the proposed transactions (including the proposed listing transfer), the Company has therefore been removed from the watch list effective today.

By order of the council

Lincotrade & Associates Holdings Limited

Tan Jit Meng

General director

August 8, 2022

This announcement has been reviewed by the Company’s sponsor, RHB Bank Berhad, through its Singapore branch (the “Sponsor“) pursuant to Rule 226(2)(b) of the Catalist Rules. It has not been reviewed or approved by Singapore Exchange Securities Trading Limited (the “Swap“) and the Exchange assumes no responsibility for the contents of this document, including the accuracy of any statements or opinions made or reports contained herein.

The Sponsor’s contact person is Mr. Alvin Soh, Head, Corporate Finance, RHB Bank Berhad, Singapore branch, at 90 Cecil Street, #04-00 Singapore 069531, Telephone: +65 6320 0627.

China’s IPO market beats the world with record $58 billion boom

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From London to Hong Kong, big initial equity sales have all but dried up in the world’s major financial centers this year. But the Chinese market is booming.

Initial public offerings on exchanges across the continent have reached $57.8 billion so far in 2022, the largest on record for such a period, according to data compiled by Bloomberg. There have been five billion-plus IPOs since January, and another is on the way. That’s against just one such sale in New York and Hong Kong, and none in London.

China’s IPO market defied headwinds such as rising interest rates and fears of a U.S. recession, which all but crippled major equity fundraisings elsewhere. Bids in the Asian economy – whose monetary policy diverges from that of the Federal Reserve – are largely geared towards local investors.

The surge in listings, some market watchers say, is also driven by fears that economic conditions will deteriorate later in the year as surges in virus cases push Beijing to stick to the strict strategy of Covid Zero. Top executives signaled a softening of the official growth target of around 5.5% this year, undermining optimism about a rebound.

“Companies have a higher IPO drive as they see the first half as a better window of time to get listed than the time ahead,” said Shen Meng, director of investment bank Chanson & Co. “They have a weaker outlook for the market and fear that factors such as earnings uncertainty will make it more difficult to trade in the future than today.

Secondary market

As companies rush to get listed, China’s share of global IPO proceeds has more than tripled to 44% this year, from 13% at the end of 2021, according to data compiled by Bloomberg.

The better performance of newly traded shares also attracted listing candidates. Mainland IPO shares have risen an average of 43% this year from their listing price, compared with a 13% decline seen in Hong Kong.

Meanwhile, China’s benchmark CSI 300 index has fallen around 16% since December 31 – one of the worst performers among leading global equity indicators – as investors faced restrictions Covid stringent rules, a deepening real estate crisis and a continued crackdown on internet giants.

Admittedly, the new equity sales owe part of their strong performance to the fact that the valuation at IPO is capped by local rules. This usually ends up leaving gains on the table for newcomers – flops do happen, but they are rare.

Some of the deals that have pushed up the tally in China have political overtones. The telecommunications provider China Mobile Ltd. and energy producer CNOOC Ltd., the biggest debuts of 2022, both listed at home after being kicked out of the United States following their inclusion on a Donald Trump-era blacklist. In China, they raised $8.6 billion and $5 billion, respectively, and are trading well above their listing prices.

“China is a separate market from the rest of the world. What is unique among Chinese investors is these patriotic trades,” said Ke Yan, head of research at DZT Research in Singapore. “Buying stocks that help China be more independent from the rest of the world and resist US transactions is normal.”

The love of technology

Overall, however, the technology sector was one of the most active for new equity sales in China.

Demand for the 10.8 billion yuan ($1.6 billion) IPO of computer component maker Hygon Information Technology Co. exceeded the proposed amount by 2,000 times. Order taking began on August 3, just as US House Speaker Nancy Pelosi’s visit to Taiwan shook global markets.

A semiconductor maker, digital storage product maker and chip producer surged after their mainland debut on Friday. Together, their IPOs raised $1.1 billion.

Many of the stocks currently hitting the market in China “come from the tech sector, which investors seem eager to buy given the focus on building local capacity,” said Brian Freitas, analyst for the Smartkarma independent research platform in Auckland.

Selling things online is the new garage sale

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Georges Kamel“/>
Georges Kamel

By GEORGES KAMEL

August 13 is apparently National Garage Sale Day. I don’t know who invented it, but more power to them. We live in modern times and sell your unwanted stuff on line can be much more profitable.

So if you don’t feel like posting in the heat of dawn until the last late stewards stop showing up, let’s explore your options online. There are plenty to sell sites and apps that can turn your old stuff into someone else’s treasure. Here’s how to do it right.

How to start selling things online

The process is simple, but there are a few things you’ll need to prepare and decide before you start rolling in the dough.

●First, collect the items you want to sell and make sure they are in good condition. Check that your gadgets are working, clothes have no major tears or stains, shoes have no holes, and bikes and household items are clean and repaired. The cleaner and newer it looks, the more likely it is to sell.

●Next, take clear, well-lit photos of your items.

●Next, decide whether you prefer to close the sale by meeting the buyers in a public place or by shipping the items from the post office. There is no right or wrong way, just do what works for you.

Where to sell things online

Here are some of my favorite resale sites in no particular order:

  1. Facebook Marketplace: Facebook Marketplace is free (thanks, Zuck), and on top of that, you can list your items in local buy/sell groups to expand your reach. With local pickup and shipping options, people can find and buy your listings from just about anywhere, and you can check them out before they meet.
  2. eBay: eBay is great for selling collectibles, electronics, and vintage or antique pieces, like Beanie Babies stuffed under the bed. With auction and buy-it-now options, you choose how buyers buy your goods. Warning: there are fees with eBay, so read the fine print and list wisely, my friends.
  3. ThredUP: ThredUP is a send-up style site where you send a mail their your items, then they do all the work and give you a cut of the sale. My wife loves ThredUP because she can pack up a giant box of old clothes (and by old I mean last season, which is apparently already out of date), and it’s easily picked up right at your front door.
  4. Includes: Decluttr is a fast and free way to sell cell phones, tech, CDs, DVDs and games. The website uses a pricing generator for listings so you can turn old gadgets into new dollars and purge your dusty first-generation iPod junk drawer while you’re at it.
  5. Mercari: Mercari helps millions of people across the United States buy and sell just about anything. With options for prepaid shipping labels and profits added directly to your account, this app makes it easy to sell apparel, beauty, footwear, and household items.

Now, wherever you end up selling your stuff, remember two important words: safety first. Scammers want to take advantage of you, so be sure to take precautions. Review buyer profiles, question details that don’t match, never send a product without being paid first, and meet in a safe public place. Also, never share your personal information with strangers. Instead, communicate through the sales app or website, not your cell phone or email.

How to make more money with your online sales

Creating a post to sell your old stuff is a bit like creating a dating profile. With so many fish in the sea or coffee tables on the internet, you need to make your posts stand out. Here are some of the best ways to spice up your listing and grab a buyer’s attention.

Add keywords to your posts and include a good description. It is important! Describe your articles with keywords that people will search for. If you’re selling a living room rug, describe it as a rug, area rug, rectangular rug, oriental rug, or rug, and you can even describe the color or brand name. This way people find your ad under a few different searches.

Use bright, clear images. You don’t need a fancy camera to take good pictures of what you’re selling. Your cell phone will be fine. Make sure your photos are clear and well-lit and don’t have distracting backgrounds.

Price coins for sale and be prepared to negotiate. Search for items like yours to see how other people have priced the item. Asking for too much money can put off buyers, but too little means you’re leaving money on the table. And remember: your stuff is only worth what someone is willing to pay, so be open to the best deals.

So, how good does it feel to earn a few extra bucks and create more space in your home? Really good ! It’s time to count your money, do a victory dance, and put that money where it belongs. If you’re not sure how to spend it, try a zero-based budget. Whether you’re working to pay off debt, investing for retirement, or even just saving for next Christmas, your budget gives every dollar a job to do.

. . .

Georges Kamel is a personal finance expert with a counter-cultural approach to money. He is the host of The fine print podcasting and The EntreLeadership Podcast on the Ramsey network. Since 2013, George has worked at Ramsey Solutions, where his goal is to help people spend less, save more and avoid consumer pitfalls so they can get the most out of their money. Follow George on Twitter, instagram and Facebook or learn more about him online at ramseysolutions.com/personalities.

Midland’s Arlo Welser talks about his journey with mental illness

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Arlo Welser only wrote one play as an adult – the other she wrote in second grade.

Although her first work never made it to an elementary school stage, the one she wrote recently won Best One-Act Play at Creative 360’s annual Art Speaks festival, June 3-4. .

The play, “The Red List”, was based on her and her husband in the dream.

“It takes place a few years in the future. The world is overcrowded and the government has found a way to humanely euthanize people to make room,” said Welser, from Midland. “The idea came from a dream I had.”

Welser played the title character, Charlotte, in the one-act play. Login Loose played Charlotte’s boyfriend, William. Charlotte and William both signed up for the government program, but throughout the play’s dialogue, Charlotte changed her mind in a heartbreaking turn of events.

“My character chickened out – and it did,” she said.

The characters were all working through this ethical dilemma.

In addition to the main characters of Charlotte and William, Welser presented different perspectives, including a politician, a grandfather, and an editor.

The plot had audiences on the edge of their chairs and tears were shed when it was revealed that the government program was not all it had been advertised to be. By the time the truth was revealed, several people had already made the choice to be euthanized.

Welser’s one-act play won him a prize of $100. She was happy with the outcome of her one-act play at this year’s Art Speaks festival.

“It was really good; I was thrilled to be able to participate,” she said. “I don’t really believe in my ability to make art, but it strengthened my belief.”

A 2015 Dow High graduate, Welser is just a few classes away from completing a bachelor of science degree in psychology from Central Michigan University.

“I took time off here and there because I struggle with mental illness,” Welser said.

When she performed on “The Red List,” Welser wore a short-sleeved shirt, revealing multiple scars on her arms. She confided in her journey.

“I struggle with pretty severe depression, panic disorder, and a personality disorder,” she said. “I have been self-harming since 2013. It’s been a long time, I have a lot of scars. I learned better not to hide myself.

Welser has worked in the Creative 360 ​​office since 2018. She discovered the nonprofit, which focuses on community arts and wellbeing, through her mother, Carol Rumba, who was executive director of the organization from 2014 to 2019.

“I love the environment, inclusivity, community and creativity,” Welser said.

Welser shared more about his trip.

“I struggled with anxiety growing up. In 2011 my grandmother passed away and that triggered a depression that never really left me,” she said. I’ve come a long way. I’ve tried a lot of pharmaceuticals. I’ve been through inpatient residential treatment and an outpatient program. And I do a lot of art – photography and painting.

Welser’s family is part of his support network. Rumba is retired while Welser’s father, Mark Turpin, is a sound and light engineer for theaters. Her husband, Nolan Welser, works for Midland Public Schools. She also has a cat named Clamp and a turtle named Crush.

In addition to photography and painting, she enjoys writing and participating in theatre. This summer, she starred in “The Mousetrap,” performed by Hath Summer Players. She played the role of Mrs. Boyle.

Last fall, she was in “Men on Boats” at the Midland Center for the Arts. She played the role of Bradley.

“It was a piece that explored the Grand Canyon with John Powell,” she said. “These are people who are left out of history.”

Welser also loves dinosaurs. On July 30, she and her husband left for California, where they visited Jurassic World at Universal Studios Hollywood. They also visited La Brea Tar Pits and Museum.

“I’m a big Jurassic Park fan – a big dinosaur fan,” she said.

For those who may also struggle, she has a message.

“Keep working on your health, keep fighting,” she said. “Keep fighting. Even when the days are dark, find the little bursts of light. You are loved and you are worthy.

For anyone dealing with a mental health emergency, Midland County Community Mental Health has a toll-free crisis hotline at 1-800-317-0708. The organization can also be contacted at 989-631-2320.

The National Suicide Prevention Lifeline can be reached at 1-800-273-8255 or by dialing 988.

forty two successful suggestions to generate more money privately

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forty two successful suggestions to generate more money privately

A work from home has established the right ecosystem for anyone to earn more income that has a local hustle. Depending on your specific needs and knowledge, there are thousands of methods to earn a decent amount from your recovery time.

Here are confirmed ways in which individuals have generated a lot of money for themselves, from quick tag gigs, one provides quick extra money to the potential offered eventually that has the potential to develop into a full-fledged home-based business . All you need, check the list below and select a technique that matches what can be done and you can access it. Why wait to scroll through social media compliments when you might just be earning some much-needed cash?

One of the surest ways for you to create more income if you are in a good situation is to sell circumstances on websites like eBay, Craigslist or Facebook Marketplace. People have used things like chairs, household equipment, collectibles, otherwise anything that you just don’t have fun with or is dusty will probably be sold on the internet for extra money . When you find yourself dedicated to this, you can act professionally for other people, and you can earn a great little commission for every sale. Take quality photos and you can generate malfunction and also will be inside the upper outline.

2. Recycle used smartphones for the Gazelle.

I’ve sold a few used smartphones at the Gazelle and it really is a stress-free way to earn some extra cash for anyone with an enthusiastic old iphone 3gs, Samsung cellphone, or other tool. Although it may not be more profitable, you will be able to acquire a small amount of additional currency that could simply help you with the disease of debt.

third step. Drive to own Uber or Lyft.

One of the easiest side businesses to acquire is trying to push Uber otherwise Lyft. New sharing economies have actually surged slightly, and Uber and Lyft may be leading the way. The good thing? You can enable and disable access to these communities by simply clicking on an option, allowing you to save even more money on your time.

4. Submit for PostMates.

Another great choice to get more income is to provide PostMates. Similar to the employee of Uber and Lyft, you can potentially work anytime. Since the salary may not be huge, you have the opportunity to earn information. When you’re in heavy traffic https://www.paydayloansohio.org/cities/barberton/ city ​​like for example La or Nyc, it’s certainly a powerful way to earn money rather than quitting a day job – and you don’t even need a motor vehicle.

5. Rent out your free space for Airbnb.

AirBnB also offers good financing for people who are happy to book a vacant spot if not their entire home. While you’re on your way to the majority of the quick cash, AirBnB offers an opportunity for a successful hustler. You will be refunded 1 day once a guest checks inside, this is to rule out a problem if not potential inconveniences that may arise. Some people make their first money simply by renting a room or residential property from AirBnB.

six. Create social networks to own small businesses.

From several small businesses, you need a social media manager and only try not to have the day nor the new solutions constantly posting to social media platforms, especially Facebook, Instagram, Snapchat or Facebook. Bring yourself to contact local people and provide your services up by getting a monthly fee developed. It’s definitely an effective way to accumulate extra cash no matter where you live.

Fiverr-assisted render delivery in your Concert Economy. Regardless of the fact that qualities start at $5, some Fiverr vendors try to get half a dozen digits in addition to revenue per year. You can promote just about anything on this program, but to progress and be a great merchant, you need to send billions in value, also from these people’s lower price factors.

AnPac ​​Bio Announces Nominations – GuruFocus.com

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PHILADELPHIA, Aug. 05, 2022 (GLOBE NEWSWIRE) — AnPac ​​Bio-Medical Science Co., Ltd. (“AnPac ​​Bio”, the “Company” or “we”) (ANPC, Financial), a biotechnology company with operations in the United States and China focused on early cancer screening and detection, announced that effective August 2, 2022, the Board of Directors has appointed Jiawen Kang as as a member of the board of directors of the Company (the “Board”) and a member of the audit committee and the nomination committee. On this date, the Company also appointed Yuyang Cui as (a) co-chairman of the board of directors and (b) co-general manager of the Company.

As co-CEO of the company, Yuyang Cui will be primarily responsible for (i) researching and presenting potential business opportunities to the company and the board as well as (ii) capital markets strategy and related activities for AnPac ​​Bio. Chris Chang Yu has since been renamed co-general manager of the company, with primary responsibilities for general operations and all related activities, except for the duties described for Mr. Cui.

As previously reported, on July 14, 2022, written resolutions were passed by majority vote of all shareholders entitled to vote at a general meeting authorizing, among other things, (1) the removal of Aidong Chen and Sheng Liu as Board members; (2) the removal of Aidong Chen as co-chairman of the board and co-general manager of the company; and (3) the reappointment of Chris Chang Yu as Chief Executive Officer of the Company and Chairman of the Board of Directors.

About AnPac ​​Bio

AnPac ​​Bio is a biotechnology company focused on early cancer screening and detection, with 155 patents granted as of March 31, 2022. With two certified clinical laboratories in China and a CLIA and CAP accredited clinical laboratory in the United States, AnPac Bio performs a suite of cancer screening and detection tests, including CDA (Cancer Differentiation Analysis), biochemical, immunological and genomic tests. According to a report by Frost & Sullivan, AnPac ​​Bio ranked first in the world in terms of sample volume for screening tests and detection of multiple cancers (cumulative through January 2021). AnPac ​​Bio’s CDA technology platform has been shown in retrospective validation studies to be able to detect the risk of over 20 different cancer types with high sensitivity and specificity.

For more information, please visit: https://www.Anpacbio.com.

For investor and media inquiries, please contact:

Company:

Phil Case, Marketing and Investor Relations
Phone: +1-267-810-6776 (US)
E-mail: [email protected]

Investor Relations:

Ascent Investor Relations LLC
Tina Xiao, President
Phone: +1-917-609-0333 (US)
E-mail: [email protected]

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are made under the “safe harbor” provisions of the Private Securities Litigation Reform. of 1995 and relate to the future financial and operating performance of the Company. The Company has attempted to identify forward-looking statements by terminologies such as “believes”, “estimates”, “anticipates”, “expects”, “plans”, “projects”, “intends”, “potential”, “target”, “aim”, “predict”, “outlook”, “seek”, “goal”, “objective”, “assume”, “consider”, “continue”, “positioned”, “plan” , “probable”, “may”, “could”, “could”, “will”, “should”, “approximately” or other words that convey uncertainty of future events or results to identify these forward-looking statements. These statements are based on current expectations, assumptions and uncertainties involving judgments regarding, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of the Company. These statements also involve known risks and unknowns, uncertainties and other factors that may cause the Company’s actual results to differ materially from those expressed or implied by any forward-looking statements. Known and unknown risks, uncertainties and other factors include, but are not limited to, our ability to comply with Nasdaq listing rules, implementation of our business model and growth strategies; trends and competition in the cancer screening and detection market; our expectations regarding market demand and acceptance of our cancer screening and detection tests and our ability to expand our customer base; our ability to obtain and maintain intellectual property protections for our CDA technology and our continued research and development to keep pace with technological developments; our ability to obtain and maintain regulatory approvals from the NMPA, FDA and relevant US states and to have our laboratories certified or accredited by authorities such as CLIA; our future business development, financial condition and results of operations and our ability to obtain financing on a cost-effective basis; potential changes in governmental regulations; general economic and business conditions in China and elsewhere; our ability to hire and retain key personnel; our relationships with our major business partners and customers; and the duration of the coronavirus outbreaks and their potential adverse impact on economic and financial market conditions and our business and financial performance, as resulting from reduced business activities due to quarantines and travel restrictions instituted by China, the United States and many other countries around the world to contain the spread of the virus. In addition, all forward-looking statements are subject to the “Risk Factors” detailed from time to time in the company’s most recent Annual Report on Form 20-F and other filings with the U.S. Securities and Exchange Commission. United. Due to these and other risks, uncertainties and assumptions, undue reliance should not be placed on these forward-looking statements. Further, such statements speak only as of the date of this press release and, except as required by law, the Company undertakes no obligation to publicly revise or update any forward-looking statements for any reason. it would be.

Anpac-Bio-USA.png

15 of the Best Kakadu Plum Beauty Products to Buy in 2022

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From its home in the Northern Territory, where it evolved to withstand some of the harshest conditions on earth, the Kakadu plum has become a favorite superfood and, now, a go-to ingredient in face and skincare products. the body that have a serious punch.

Used by Australian Aborigines for its medicinal and preservative qualities, the Kakadu plum is a powerhouse of anti-aging, brightening and moisturizing compounds, and is considered the richest natural source of vitamin C in the world, with approximately 100 times that oranges.

To incorporate some of the benefits of vitamin C into your beauty routine, we’ve found 15 of the best Kakadu plum beauty products available.

Skin Crush Eye Revive Serum

Price: $45

Give your tired eye area a bold wake-up call with this natural serum rich in pure phytonutrients derived from Kakadu plum through unique cell extraction technology. It offers all the usual benefits like skin brightening, restoring sun and pollution damage and helping collagen production, in a silky smooth serum that’s perfect as the last step in your beauty routine.

We Are Feel Good Inc. Kakadu Plum Sunscreen

Price: $49.95

The best way to deal with free radical damage? Avoid it in the first place. This light, milky formula is perfect for everyday use and is enriched with antioxidants from Kakadu plum. It’s broad-spectrum, non-greasy, and water-resistant for up to four hours, with vitamin E and aloe vera to nourish your skin, too.

Dope Skin Antioxidant Botanical Face Serum

Price: $29

We all know that antioxidants are good for us when consumed (hello, red wine and dark chocolate), so it only makes sense that they also give our skin a boost. This lightweight, oil-free gel serum is like your skin’s daily multivitamin, formulated with powerful plant-based ingredients to brighten, visibly reduce hyperpigmentation, even skin tone, and firm. Along with Kakadu plum extract, there’s hyaluronic acid, rose water, and hemp to nourish, hydrate, and maintain healthy skin.

Wandering Wombat Co. Organic Kakadu Plum Vitamin C Serum

Price: $49

With a focus on bringing Australian-sourced ingredients to the men’s beard and face care market, Wandering Wombat Co. has crafted a terrific product with the goodness of Kakadu plum. It promises increased collagen production, reduced pigmentation and help fight certain forms of acne in a fragrance-free, 100% vegan formula. Even better? 5% of their net profits are donated to charities supporting Australian wildlife and habitats.

Native Secrets Body Wash

Price: $17.90

Cherie (a Wailwan woman) and Phil (a Bidjara Kara Kara man) Thompson are dedicated to bringing traditional Indigenous medicinal practices to everyday life. Their body wash is made with essential oils of Kakadu Plum, White Cypress, and Buddha Wood, as well as Davidson Plum, Lime, and Lemon Myrtle. So it smells amazing and gently cleanses, balances and rejuvenates your skin.

Kevin Murphy Hydrate Me Hair Mask

Price: $88.20

Get ready for a serious burst of intense hydration. This thick mask contains Kakadu plum to help smooth the surface of the hair, rosehip extract to help the hair retain moisture and evening primrose oil to hydrate and help soften the hair, so you can expect healthy, bouncy hair.

Kit: Concentrate No.1 – Kakadu Plum

Price: $34

No. 1 in name, no. 1 by nature? This naturally scented serum is packed with vitamin C from Kakadu plum to support collagen production, bengkoang botanical adaptogen to fight free radicals, and ascorbic acid to reduce the appearance of dark spots over time. time. It is therefore the miracle solution to feel good. your face.

Leif Products Kakadu Plum Hand Balm

Price: $65

Soften skin and nourish tired hands with this rich balm made with Kakadu plum and quandong extract, macadamia oil and sweet almond oil. The combo basically smells like dessert, and we love that it’s free of sulfates and parabens, and is 100% vegan and cruelty-free.

Edible Beauty Native Collagen Powder

Price: $37

Fuel better skin from within with this blend of nutrient-rich powdered superfruits and Australian native extracts. In addition to the oft-vaunted skin benefits of Kakadu plum, this product also supports digestive well-being, with maqui berry, hibiscus, sea buckthorn berry and mountain pepper berry all invited to the party. , as well as the high levels of calcium, iron, magnesium and 50% prebiotic dietary fiber.

MCObeauty Gentle Exfoliating Vitamin C Scrub

Price: $29

Described as your at-home facial in a bottle, this gentle exfoliator buffs away dead, dull skin to reveal a glowing, ultra-soft complexion. It’s rich in vitamin C from the Kakadu plum, of course, and also contains salicylic to prevent breakouts and leave your skin feeling super clean and soft.

Sukin Naturals Rosehip Moisturizing Day Cream

Price: $24.95

A favorite drugstore brand known for effective products that don’t cost a bomb, Sukin’s Rosehip Hydrating Day Cream nourishes and hydrates skin with a rich blend of rosehip, pomegranate and, of course, plum. Kakadu. Expect radiant, smooth skin, while the cream also works to prevent signs of premature aging.

Al.ive Body Lip Balm

Price: $16

Lip balm addicts, look no further for your next obsession. This silky formula contains natural nourishing oils and vitamins including Macadamia Oil, Coconut Oil and Kakadu Plum, so it’s anti-aging, protective and helps repair dry lips and chapped.

KORA Organics Noni Glow Overnight Mask

Price: $65

Enjoy your skin’s renewal and repair cycle overnight with this pillow-free night mask that delivers super soft, hydrated, glowing skin. Ingredients like Kakadu plum extracts, caviar lime and silver ear fungus treat congested pores, oil buildup, uneven skin texture and dull complexion, and the mask also promotes healthy cell renewal while softening the appearance of discoloration, pigmentation and sun damage. Win, win, win, win.

Sand & Sky Australian Emu Apple Dreamy Glow Drops

Price: $83.90

Reduce fine lines, plump and protect skin with this oil-serum hybrid rich in vitamin C from Kakadu plum, hyaluronic acid and nourishing oils of jojoba, almond and olive. The combo of riberry, pepper and emu apple alongside kakadu plum break down pigmentation for an even complexion and megawatt glow.

Locako Beauty Collagen – Vanilla & Kakadu Plum

Price: $29.95

Let’s not forget that the hype for the Kakadu plum first started as an edible fruit before moving into the beauty space… Locako ticked both boxes with this beauty collagen powder drawing vitamin C from Kakadu plum, camu camu and sea buckthorn to give skin a serious boost, with antioxidants, bamboo silica and prebiotics and probiotics to help support a healthy gut.

Editor’s Note: Urban List editors independently curate and write things we love and you’ll love too. Urban List has affiliate partnerships, so we earn revenue from your purchase.

Image credit: Skin Crush

Mirati Therapeutics Announces Incentive Grant Under NASDAQ Listing Rule 5635(c)(4)

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SAN DIEGO, August 4, 2022 /PRNewswire/ — Mirati Therapeutics, Inc. (NASDAQ: MRTX), a clinical-stage targeted oncology company, today announced that the company has granted stock awards to 56 new employees with an expiry date. attribution of August 1, 2022, as equity incentive awards outside of the company’s 2022 stock incentive plan (but under the terms of the company’s equity incentive plan) and material to employee acceptance of a job within the company. The stock awards were approved pursuant to Nasdaq Listing Rule 5635(c)(4).

Employees received options to purchase a total of 177,751 Mirati common shares and a total of 113,172 restricted stock units (“RSUs”). Options have an exercise price of $65.79 per share, which is equal to the closing price of Mirati common stock on August 1, 2022, (the “Grant Date”). One quarter of the shares underlying the employee options will vest on the first anniversary of the grant date, then 1/48th of the shares underlying the employee options will vest monthly, so that the shares underlying the options granted to employees will fully vest on the fourth anniversary of the grant date, subject to employees remaining employed with Mirati on those vesting dates. Each RSU will vest 25% of the shares underlying the RSU grant on the first anniversary of the grant date and an additional 25% of the shares underlying the RSU grant each year by thereafter, subject to maintaining the employment of each of these employees at each acquisition Date.

About Mirati Therapeutics, Inc.
Mirati Therapeutics, Inc. is a clinical-stage biotechnology company whose mission is to discover, design and deliver breakthrough therapies to transform the lives of cancer patients and their loved ones. The company is relentlessly focused on developing therapies that address high unmet needs, including lung cancer, and advancing a pipeline of novel therapies targeting the genetic and immunological drivers of cancer. Unified for patients, Mirati’s vision is to unleash the science behind the promise of life beyond cancer. For more information about Mirati, visit us at Mirati.com or follow us on Twitter, LinkedIn and Facebook.

Forward-looking statements
This press release contains forward-looking statements regarding the business of Mirati Therapeutics, Inc. (“Mirati”). Any statement describing Mirati’s goals, expectations, financial or other projections, intentions or beliefs, development plans and commercial potential of Mirati’s drug development pipeline, including without limitation adagrasib (Selective KRASG12C inhibitor), sitravatinib (TAM receptor inhibitor), MRTX1719 (MTA cooperative PRMT5), MRTX0902 (SOS1 inhibitor) and MRTX1133 (selective KRASG12D inhibitor), is a forward-looking statement and should be considered an at-risk statement. Such statements are subject to risks and uncertainties, in particular the challenges inherent in the process of discovering, developing and commercializing safe and effective new drug products for human therapeutic use, and in the effort to create a company around these drugs.

Mirati’s forward-looking statements also involve assumptions which, if they never materialize or prove to be incorrect, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although Mirati’s forward-looking statements reflect the good faith judgment of its management, such statements are based solely on facts and factors currently known to Mirati. Accordingly, you are cautioned not to rely on these forward-looking statements. These and other risks relating to Mirati’s programs are described in more detail in Mirati’s Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K, which are filed with the United States Securities and Exchange Commission. States (the “SEC”) available at the SEC’s website (www.sec.gov). Mirati undertakes no obligation to update any forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law.

Mirati contacts

Investor Relations: [email protected]
Media Relations: [email protected]

SOURCE Mirati Therapeutics, Inc.

INTERCONTINENTAL EXCHANGE, INC. MANAGEMENT REPORT AND ANALYSIS OF FINANCIAL POSITION AND OPERATING RESULTS (Form 10-Q)

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In this Quarterly Report on Form 10-Q, or Quarterly Report, and unless otherwise
indicated, the terms "Intercontinental Exchange," "ICE," "we," "us," "our," "our
company" and "our business" refer to Intercontinental Exchange, Inc., together
with its consolidated subsidiaries. All references to "options" or "options
contracts" in the context of our futures products refer to options on futures
contracts. Solely for convenience, references in this Quarterly Report to any
trademarks, service marks and trade names owned by ICE are listed without the ®,
™ and © symbols, but we will assert, to the fullest extent under applicable law,
our rights to these trademarks, service marks and trade names.

We also include references to third-party trademarks, trade names and service
marks in this Quarterly Report. Except as otherwise expressly noted, our use or
display of any such trademarks, trade names or service marks is not an
endorsement or sponsorship and does not indicate any relationship between us and
the parties that own such marks and names.

The following discussion should be read in conjunction with our consolidated financial statements and accompanying notes included elsewhere in this quarterly report. Due to rounding, figures in tables may not add up exactly.

Forward-looking statements

This Quarterly Report, including the sections entitled "Notes to Consolidated
Financial Statements," "Legal Proceedings" and "Management's Discussion and
Analysis of Financial Condition and Results of Operations," contains
"forward-looking statements" as defined in the Private Securities Litigation
Reform Act of 1995. Any statements contained herein that are not statements of
historical fact may be forward-looking statements.

These forward-looking statements relate to future events or our future financial
performance and are based on our present beliefs and assumptions as well as the
information currently available to us. They involve known and unknown risks,
uncertainties and other factors that may cause our results, levels of activity,
performance, cash flows, financial position or achievements to differ materially
from those expressed or implied by these statements.

Forward-looking statements may be introduced by or contain terminology such as
"may," "will," "should," "could," "would," "targets," "goal," "expect,"
"intend," "plan," "anticipate," "believe," "estimate," "predict," "potential,"
"continue," or the antonyms of these terms or other comparable terminology.
Although we believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee future results, levels of
activity, performance, cash flows, financial position or achievements.
Accordingly, we caution you not to place undue reliance on any forward-looking
statements we may make.

Factors that may affect our performance and the accuracy of any forward-looking
statements include, but are not limited to, those listed below:
•conditions in global financial markets, domestic and international economic and
social conditions, inflation, political uncertainty and discord, geopolitical
events or conflicts, international trade policies and sanctions laws;
•the impact of the introduction of or any changes in laws, regulations, rules or
government policies with respect to financial markets, climate change, increased
regulatory scrutiny or enforcement actions and our ability to comply with these
requirements;
•volatility in commodity prices and equity prices, and price volatility of
financial benchmarks and instruments such as interest rates, credit spreads,
equity indices, foreign exchange rates, and mortgage origination trends;
•the impact of climate change and the transition to renewable energy and a net
zero economy;
•the business environment in which we operate and trends in our industry,
including trading volumes, prevalence of clearing, demand for data services,
mortgage lending activity, fees, changing regulations, competition and
consolidation;
•our ability to minimize the risks associated with operating clearing houses in
multiple jurisdictions;
•our exchanges' and clearing houses' compliance with their respective regulatory
and oversight responsibilities;
•the resilience of our electronic platforms and soundness of our business
continuity and disaster recovery plans;
•our ability to realize the expected benefits of our acquisitions and our
investments, including our ability to close the Black Knight acquisition when
expected;
•our ability to execute our growth strategy, identify and effectively pursue,
implement and integrate acquisitions and strategic alliances and realize the
synergies and benefits of such transactions within the expected time frame;
•the performance and reliability of our trading, clearing and mortgage
technologies and those of third-party service providers;
•our ability to keep pace with technological developments and client
preferences;
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•our ability to ensure that the technology we utilize is not vulnerable to
cyberattacks, hacking and other cybersecurity risks or other disruptive events
or to minimize the impact of any such events;
•our ability to keep information and data relating to the customers of the users
of the software and services provided by our ICE Mortgage Technology business
confidential;
•the impacts of the COVID-19 pandemic on our business, results of operations and
financial condition as well as the broader business environment;
•our ability to identify trends and adjust our business to benefit from such
trends, including trends in the U.S. mortgage industry such as inflation rates,
interest rates, new home purchases, refinancing activity, and home builder and
buyer sentiment, among others;
•our ability to evolve our benchmarks and indices in a manner that maintains or
enhances their reliability and relevance;
•the accuracy of our cost and other financial estimates and our belief that cash
flows from operations will be sufficient to service our debt and to fund our
operational and capital expenditure needs;
•our ability to incur additional debt and pay off our existing debt in a timely
manner;
•our ability to maintain existing market participants and data and mortgage
technology customers, and to attract new ones;
•our ability to offer additional products and services, leverage our risk
management capabilities and enhance our technology in a timely and
cost-effective fashion;
•our ability to attract, develop and retain key talent;
•our ability to protect our intellectual property rights and to operate our
business without violating the intellectual property rights of others; and
•potential adverse results of threatened or pending litigation and regulatory
actions and proceedings.

These risks and other factors include, among others, those set forth in Part 1,
Item 1(A) under the caption "Risk Factors" in our 2021 Form 10-K, as filed with
the SEC on February 3, 2022. Due to the uncertain nature of these factors,
management cannot assess the impact of each factor on the business or the extent
to which any factor, or combination of factors, may cause actual results to
differ materially from those contained in any forward-looking statements.

Any forward-looking statement speaks only as of the date on which such statement
is made, and we undertake no obligation to update any of these statements to
reflect events or circumstances occurring after the date of this Quarterly
Report. New factors may emerge and it is not possible to predict all factors
that may affect our business and prospects.

Insight

We are a provider of market infrastructure, data services and technology
solutions to a broad range of customers including financial institutions,
corporations and government entities. Our products, which span major asset
classes including futures, equities, fixed income and U.S. residential
mortgages, provide our customers with access to mission critical tools that are
designed to increase asset class transparency and workflow efficiency. While we
report our results in three reportable business segments, we operate as one
business, leveraging the collective expertise, particularly in data services and
technology, that exists across our platforms to inform and enhance our
operations.

•In our Exchanges segment, we operate regulated marketplaces for the listing,
trading and clearing of a broad array of derivatives contracts and financial
securities.

•In our Fixed Income and Data Services segment, we provide fixed income pricing,
reference data, indices, analytics and execution services as well as global CDS
clearing and multi-asset class data delivery solutions.

•In our Mortgage Technology segment, we provide an end-to-end technology
platform that offers customers comprehensive, digital workflow tools that aim to
address the inefficiencies that exist in the U.S. residential mortgage market,
from application through closing and the secondary market.

RECENT DEVELOPMENTS

Pending the acquisition of Black Knight, Inc.

On May 4, 2022, we announced that we had entered into a definitive agreement to
acquire Black Knight, Inc., or Black Knight, a software, data and analytics
company that serves the housing finance continuum, including real estate data,
mortgage lending and servicing, as well as the secondary markets. Pursuant to
the merger agreement, Sub will merge with and into Black Knight, with Black
Knight surviving as a wholly owned subsidiary of ICE. As of May 4, 2022, the
transaction was valued at approximately $13.1 billion, or $85 per share of Black
Knight common stock, with cash comprising 80% of the value of the aggregate
transaction consideration and shares of our common stock comprising 20% of the
value of the aggregate transaction consideration at that time. The aggregate
cash component of the transaction
                                       33
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consideration is fixed at $10.5 billion, and the value of the aggregate stock
component of the transaction consideration will fluctuate with the market price
of our common stock and will be determined based on the average of the volume
weighted averages of the trading prices of our common stock on each of the ten
consecutive trading days ending three trading days prior to the closing of the
merger. This transaction builds on our position as a provider of end-to-end
electronic workflow solutions for the rapidly evolving U.S. residential mortgage
industry.

Black Knight provides a comprehensive and integrated ecosystem of software, data
and analytics solutions serving the real estate and housing finance markets. We
believe the Black Knight ecosystem adds value for clients of all sizes across
the mortgage and real estate lifecycles by helping organizations lower costs,
increase efficiencies, grow their businesses, and reduce risk.

The transaction is expected to close in the first half of 2023, following the
receipt of regulatory approvals and the satisfaction of customary closing
conditions. On July 22, 2022, we filed an amended preliminary proxy
statement/prospectus on Form S-4 with the SEC, which is undergoing review by the
SEC.

Conflict in Ukraine

Our results of operations are affected by global economic conditions, including
macroeconomic conditions and geopolitical events or conflicts. The invasion of
Ukraine by Russia and the sanctions and other measures being imposed in response
to this conflict have increased the level of economic and political uncertainty.
The crisis in Russia, Belarus and Ukraine began in February 2022 and continues
as of the date of this Quarterly Report. We are in the process of suspending all
services in Russia and expect to cease all offerings in Russia by the end of
2022. From an operational perspective, our businesses, including our exchanges,
clearing houses, listings venues, data services businesses and mortgage
platforms, have not suffered a material negative impact as a result of these
events in Ukraine and the surrounding region. We continue to monitor the
uncertainty surrounding the extent and duration of this ongoing conflict and the
impact that it may have on the global economy and on our business.

Regulation

Our activities and the markets in which we operate are subject to regulations
that impact us as well as our customers, and, in turn, meaningfully influence
our activities, the manner in which we operate and our strategy. We are
primarily subject to the jurisdiction of regulatory agencies in the U.S., U.K.,
EU, Canada, Singapore and Abu Dhabi. Failure to satisfy regulatory requirements
can or may give rise to sanctions by the applicable regulator.

Global policy makers have undertaken reviews of their existing legal framework
governing financial markets in connection with regulatory reform, and have
either passed new laws and regulations, or are in the process of debating and/or
enacting new laws and regulations that apply to our business and to our
customers' businesses. Legislative and regulatory actions may impact the way in
which we or our customers conduct business and may create uncertainty, which
could affect trading volumes or demand for market data. See Part 1, Item 1
"Business - Regulation" and Part 1, Item 1(A) "Risk Factors" included in our
2021 Form 10-K for a discussion of the primary regulations applicable to our
business and certain risks associated with those regulations.

Domestic and foreign policy makers continue to review their legal frameworks
governing financial markets, and periodically change the laws and regulations
that apply to our business and to our customers' businesses. Our key areas of
focus on these evolving efforts are:

•Regulatory structure applicable to non-EU clearing houses. On January 1, 2020,
the European Markets Infrastructure Regulation, or EMIR 2.2, became effective,
which revises the EU's current regulatory and supervisory structure for EU and
non-EU clearing houses. The European Securities and Markets Authority, or ESMA,
has recognized ICE Clear Europe as a third-country central counterparty, or CCP,
under EMIR and determined that it is a Tier 2 CCP on the basis that it is
systemically important to the financial stability of the EU or one or more of
its Member States. ESMA has recognized all other ICE clearing houses as
third-country CCPs and determined that they are Tier 1 CCPs on the basis that
they are not systemically-important to the financial stability of the EU or one
or more of its Member States. ESMA's continuing implementation of these
delegated regulations could still impact one or more of our other non-EU
clearing houses. In February 2022, the European Commission extended the
temporary equivalence for U.K. CCPs until June 2025. In March 2022, ESMA
extended the ICE Clear Europe recognition decision and tiering determination
until June 2025 and confirmed the recognition and tiering determination of all
other ICE clearing houses.

•Benchmarks Regulation. The Financial Conduct Authority, or FCA, used its legal
powers under the U.K. Benchmarks Regulation, or U.K. BMR, to require ICE
Benchmark Administration Limited, or IBA, as the administrator of the London
Interbank Offered Rate, or LIBOR, to publish certain Sterling and Japanese Yen
LIBOR settings under a changed "synthetic" methodology until the end of 2022.
Any settings published under a "synthetic" methodology are

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no longer considered to be representative of the underlying market or economic
reality the setting is intended to measure as those terms are used in the U.K.
BMR. The FCA confirmed that it expects that certain U.S. Dollar LIBOR settings
will continue to be published on a representative basis until the end of June
2023. In June 2022, the FCA published a consultation on ceasing "synthetic"
Sterling LIBOR settings and transitioning away from U.S. Dollar LIBOR. The FCA
will continue to consider requiring IBA to publish certain U.S. Dollar LIBOR
settings beyond June 30, 2023 under a changed "synthetic" methodology. Usage of
the "synthetic" LIBOR and U.S. Dollar LIBOR settings may be restricted or
prohibited in certain circumstances under applicable law.

The European Commission used its powers under the EU Benchmarks Regulation, or
EU BMR, to designate replacement benchmarks for certain Swiss franc LIBOR
settings and the Euro Overnight Index Average, or EONIA, which cover all
references to the relevant benchmark. The transition period for the use of
benchmarks provided by third-country administrators has been extended until at
least December 31, 2023. In May 2022, the European Commission published a
consultation on the third-country regime of the EU BMR to prepare for the
development of a legislative proposal.

In March 2022, President Biden signed into law federal LIBOR legislation,
referred to as the LIBOR Act, designed to reduce uncertainty and economic
impacts of the permanent cessation of LIBOR for specified contracts, securities
and other agreements that are economically linked to LIBOR. The LIBOR Act
provides a statutory framework to replace U.S. Dollar LIBOR with a benchmark
rate based on the SOFR for contracts governed by U.S. law that have no fallbacks
or fallbacks that would require the use of a poll or LIBOR-based rate.

•Policy intervention to address high energy prices. In March 2022, EU leaders
agreed to reduce the EU's dependency on Russian gas, oil and coal imports and
invited the European Commission to put forward legislative proposals to ensure
security of supply and affordable energy prices. Various options for regulatory
intervention have been adopted by the European Commission to allow EU countries
to jointly buy strategic reserves of gas. The potential impact of the measures
on the functioning of European energy wholesale markets remain uncertain at this
time.

•CCP Resolution. In March 2022, the U.K. Treasury published a feedback statement
and status update on its plans to enhance the U.K.'s regime for resolution of
CCPs in the event that they fail. This is intended to expand the prior regime
which was not in line with U.K. Financial Stability Board guidance issued
subsequently. Many of the parameters of the new regime have yet to be finalized
and will be subject to a consultation process by the Bank of England which will
be the resolution authority for CCPs in the U.K. However, they will include
increased CCP contributions (known as "second skin in the game") to the default
fund.

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Consolidated Financial Highlights


The following summarizes our results and significant changes in our consolidated
financial performance for the periods presented (dollars in millions, except per
share amounts and YTD represents the six-month periods ended June 30th).

[[Image Removed: ice-20220630_g2.jpg]] [[Image Removed: ice-20220630_g3.jpg]][[Image Removed: ice-20220630_g4.jpg]]
[[Image Removed: ice-20220630_g5.jpg]][[Image Removed: ice-20220630_g6.jpg]][[Image Removed: ice-20220630_g7.jpg]]

(1) The adjusted figures exclude items that are not reflective of our ongoing
core operations and business performance. Adjusted net income attributable to
ICE is presented net of taxes. These adjusted numbers are not calculated in
accordance with U.S. GAAP. See "- Non-GAAP Financial Measures" below.
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                                             Six Months Ended June 30,                                 Three Months Ended June 30,
                                               2022                2021             Change                2022                2021              Change
Revenues, less transaction-based
expenses                                 $     3,713            $ 3,504               6 %           $     1,814            $ 1,707               6 %
   Recurring revenues(1)                 $     1,852            $ 1,715               8 %           $       931            $   870               7 %
   Transaction revenues, net(1)          $     1,861            $ 1,789               4 %           $       883            $   837               6 %
Operating expenses                       $     1,852            $ 1,813               2 %           $       945            $   908               4 %
Adjusted operating expenses(2)           $     1,486            $ 1,473               1 %           $       740            $   744               - %
Operating income                         $     1,861            $ 1,691              10 %           $       869            $   799               9 %
Adjusted operating income(2)             $     2,227            $ 2,031               10%           $     1,074            $   963               12%
Operating margin                                  50    %            48   %          2 pts                   48    %            47   %           1 pt
Adjusted operating margin(2)                      60    %            58   %          2 pt                    59    %            56   %          3 pts
Other income/(expense), net              $      (290)           $ 1,074             (127) %         $      (130)           $ 1,133             (112) %
Income tax expense                       $       338            $   862             (61) %          $       173            $   679              (75) %
Effective tax rate                                22    %            31   %         (9 pts)                  23    %            35   %         (12 pts)
Net income attributable to ICE           $     1,212            $ 1,898             (36) %          $       555            $ 1,252              (56) %
Adjusted net income attributable to
ICE(2)                                   $     1,543            $ 1,391              11 %           $       739            $   657               12 %
Diluted earnings per share attributable
to ICE common stockholders               $      2.16            $  3.36             (36) %          $      0.99            $  2.22              (55) %
Adjusted diluted earnings per share
attributable to ICE common
stockholders(2)                          $      2.75            $  2.46              12 %           $      1.32            $  1.16               14 %
Cash flows from operating activities     $     1,725            $ 1,607               7 %




(1) We define recurring revenue as that part of our revenue that is generally predictable, stable and can be expected to occur at regular intervals in the future with a relatively high degree of certainty and visibility . We define transaction revenue as that associated with a more specific one-time service, such as executing a transaction or registering a mortgage.

(2) The adjusted figures exclude items that are not reflective of our ongoing
core operations and business performance. Adjusted net income attributable to
ICE and adjusted diluted earnings per share attributable to ICE common
stockholders are presented net of taxes. These adjusted numbers are not
calculated in accordance with U.S. GAAP. See "- Non-GAAP Financial Measures"
below.

•Revenues, less transaction-based expenses, increased $209 million and $107
million for the six months and three months ended June 30, 2022, respectively,
from the comparable periods in 2021. See "-Exchanges Segment", "Fixed Income and
Data Services Segment" and "Mortgage Technology Segment" below for a discussion
of the significant changes in our revenues. The increase in revenues during the
six months and three months ended June 30, 2022 includes $44 million and $30
million, respectively, in unfavorable foreign exchange effects arising from
fluctuations in the U.S. dollar from the comparable periods in 2021. See Item 3
"Quantitative and Qualitative Disclosures About Market Risk-Foreign Currency
Exchange Rate Risk" below for additional information on the impact of currency
fluctuations.

•Operating expenses increased $39 million and $37 million for the six months and
three months ended June 30, 2022, respectively, from the comparable periods in
2021. See "-Consolidated Operating Expenses" below for a discussion of the
significant changes in our operating expenses. The increase in operating
expenses during the six months and three months ended June 30, 2022 includes $14
million and $11 million, respectively, in favorable foreign exchange effects
arising from fluctuations in the U.S. dollar from the comparable periods in
2021. See Item 3 "Quantitative and Qualitative Disclosures About Market
Risk-Foreign Currency Exchange Rate Risk" below for additional information on
the impact of currency fluctuations.

Variability of quarterly comparisons

Our business environment has been characterized by:

•globalization of market places, customers and competitors;

•increasing customer demand for workflow efficiency and automation;

•uncertainty in commodity markets, interest rates and financial markets;

•increasing demand for data to inform risk management and client investment decisions;

• evolving, growing and disparate regulation in multiple jurisdictions;

• price volatility increasing customer demand for risk management services;

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•increased focus on investment and cost savings;

•customer preference for managing risk on markets with the greatest liquidity and the greatest diversity of products;

•the development of existing products and the innovation of new products to meet new customer needs and changes in industrial agreements;

•increasing demand for speed, data, data capacity and connectivity by market players, requiring increased investment in technology; and

•the consolidation and intensification of competition between global trading, clearing and listing markets.

For additional information regarding factors that affect our results of operations, see Item 1(A) “Risk Factors” included in our 2021 Form 10-K, and Part II, Item 1(A) “Risk Factors.” risk” below.

Sector results

Our business is conducted through three reportable business segments, comprising the following:

•In our Exchanges segment, we operate regulated marketplaces for the listing,
trading and clearing of a broad array of derivatives contracts and financial
securities;

•In our Fixed Income and Data Services segment, we provide fixed income pricing,
reference data, indices, analytics and execution services as well as global CDS
clearing and multi-asset class data delivery solutions; and

•In our Mortgage Technology segment, we provide an end-to-end technology
platform that offers customers comprehensive, digital workflow tools that aim to
address the inefficiencies that exist in the U.S. residential mortgage market,
from application through closing and the secondary market.

While revenues are recorded specifically in the segment in which they are earned
or to which they relate, a significant portion of our operating expenses are not
solely related to a specific segment because the expenses serve functions that
are necessary for the operation of more than one segment. We directly allocate
expenses when reasonably possible to do so. Otherwise, we use a pro-rata revenue
approach as the allocation method for the expenses that do not relate solely to
one segment and serve functions that are necessary for the operation of all
segments. Our segments do not engage in intersegment transactions.
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Trading segment

The following information presents selected income statements for our Exchanges segment (in millions of dollars and year-to-date represents the six-month periods ended June 30):

                     [[Image Removed: ice-20220630_g8.jpg]]

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(1) The adjusted numbers in the charts above are calculated by excluding items
that are not reflective of our cash operations and core business performance. As
a result, these adjusted numbers are not calculated in accordance with U.S.
GAAP. See "- Non-GAAP Financial Measures" below.
                                       39
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                                            Six Months Ended June 30,                                      Three Months Ended June 30,
                                              2022                2021                    Change              2022              2021                Change
Revenues:
Energy futures and options              $         618          $   584                          6  %       $    265          $   274                     (3) %
Agricultural and metals futures and
options                                           122              121                          1                61               62                     (1)
Financial futures and options                     253              188                         35               123               83                     50
Futures and options                               993              893                         11               449              419                      7
Cash equities and equity options                1,357            1,246                          9               698              512                     37
OTC and other                                     205              155                         32               108               78                     39
Transaction and clearing, net                   2,555            2,294                         11             1,255            1,009                    

25

Data and connectivity services                    432              415                          4               218              208                      4
Listings                                          260              233                         12               131              119                     10
Revenues                                        3,247            2,942                         10             1,604            1,336                     20
Transaction-based expenses(1)                   1,159            1,059                          9               599              427                    

40

Revenues, less transaction-based
expenses                                        2,088            1,883                         11             1,005              909                     11
Other operating expenses                          484              513                         (6)              244              260                     (6)
Depreciation and amortization                     118              124                         (5)               60               61                     (2)
Acquisition-related transaction and
integration costs                                   1               10                        (89)                -                5                    (93)
Operating expenses                                603              647                         (7)              304              326                     (7)
Operating income                        $       1,485          $ 1,236                         20  %       $    701          $   583                     20  %

Recurring revenues                      $         693          $   648                          7  %            350              327                      7  %
Transaction revenues, net               $       1,395          $ 1,235                         13  %            655              582                     13  %

(1) Transaction-related expenses are largely attributable to our equity and cash options activities.

Exchanges Revenues

Our Exchanges segment includes transaction and clearing revenues from our
futures and NYSE exchanges, related data and connectivity services, and our
listings business. Transaction and clearing revenues consist of fees collected
from derivatives, cash equities and equity options trading and derivatives
clearing, and are reported on a net basis, except for the NYSE transaction-based
expenses discussed below. Rates per-contract, or RPC, are driven by the number
of contracts or securities traded and the fees charged per contract, net of
certain rebates. Our per-contract transaction and clearing revenues will de