Tag: 上海后花园

Lufthansa interested in Alitalia with Italian state stake

first_img MILAN — The chairman of Lufthansa’s regional Air Dolomiti airline says the German carrier remains interested in Alitalia and that the government’s plan to take a stake has potential advantages.Joerg Eberhart told Turin daily La Stampa in an interview published Thursday that a small minority stake by the government could help with negotiations with airports and local authorities, but he emphasized that the day-to-day operations “must be in private hands.”Deputy Premier Luigi Di Maio told Radio 24 that “many” airlines and private investors have expressed interest in Alitalia. He said the plan to make the State Railway a partner with a 15-per cent stake and combining networks makes Alitalia a “more appetizing” investment.The period to submit binding offers as part of struggling Alitalia’s relaunch closes Oct. 31. Share By: The Associated Press Tags: Alitalia, Lufthansa Thursday, October 25, 2018 Lufthansa interested in Alitalia with Italian state stake << Previous PostNext Post >>last_img read more

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Would you do a day trip to Rome How about Munich

first_imgWould you do a day trip to Rome? How about Munich?FANCY A CHEAP CITY BREAK? British Airways has announced that it is offering ‘affordable day trip’ tickets to a number of European cities. So, you can fly to popular break destinations such as Dublin, Rome and Vienna, and back, on the same day.The tickets are available for Saturdays and Sundays, so they’re great if you’re working all week and can’t afford to take a Friday off or a long weekend. If you’re pushed for time, you can have a mini-holiday and back to do the week’s food shop on a Sunday. Fly out in the morning, get there in time for a good lunch (al fresco?), have a wander round, see a few sights and get a taste of a new place, before returning home in the evening. Sounds good? You’ll certainly save on hotel bills. There are a couple of catches: firstly, that the fares are only available from London Heathrow, so it’s not really that great a deal if you live in say, Belfast, or Sheffield. Also, the deal is for passengers travelling hand luggage only but this really shouldn’t be a problem, unless you planned to change for lunch and dinner, and bring back a case full of souvenirs. If you’re going for just a day, you won’t even need to pack your toothbrush.BA’s return fares start at £79 to Dublin and Geneva, £89 to Rome and Edinburgh, and £99 to Vienna and Munich. The airline says it intend to roll out the fares to further European cities.Would you do a city break day trip? Where would you go?Here are some ideas:10 best things to do in Rome: a local’s guideFrom ancient treasures to modern pleasures, take a local’s tour of of the best things to see, do, eat and drink in the Eternal City.10 best things to do in Paris – a local’s guideForget the Eiffel Tower: let a local show you around the real Paris with 10 lovely things to see and do in the city of love.ReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Map Related2019 January Flight DealsThere’s no better time to find cheap flights than the ‘January sales’. There are great deals to be had from leading airlines and travel agents, whether you want to grab a last minute flight for a city break or plan your summer holiday, it’s the time to find low cost…Mythbusters: What are charter flights and how to find a good dealBudget charter flights could be a great option if you’re looking to get away for a bargain holiday. Here’s a rundown of the whats, wheres and whens of getting a great deal.6 secrets of finding the best low cost flightsWe reveal our six savviest secrets, tried and tested by expert budget travellers, that will help you to find the best low cost flights. There are a few ways of finding low cost flights that everyone knows about – like using a flight comparison site such as Skyscanner, of course.…last_img read more

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Danish cable operator TDC has reported its bestev

first_imgDanish cable operator TDC has reported its best-ever quarterly pay TV subscriber growth.The company, which operates cable services under the YouSee brand and IPTV services under the TDC brand, saw pay TV numbers increase by 37,000 in the three months ending March 31. The operator said an antenna association win and gains associated with TV2 becoming a pay channel helped boost results.The number of TDC TV customers increased by 21,000 during the first quarter, with YouSee Basic customer numbers up 16,000.TDC is also seeing success with its VOD and web TV offerings. The number of active web TV users reached a high of 195,000 during the quarter, while the number of VOD sessions increased to 549,000 compared with 100,000 a year earlier.First quarter revenues were up 0.5% to DKK6.6 billion (€888 million), with gross profit down 2.8% to DKK4.7 billion and EBITDA down 1.2% to DKK2.8 billion.last_img read more

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Lee Jaeyong the vicechairman and effective head

first_imgLee Jae-yong, the vice-chairman and effective head of Samsung Electronics, was arrested this morning in connection with the corruption scandal that felled South Korean president Park Geun-hye.According to local news agency Yonhap News, the Seoul Central District Court issued a warrant after prosecutors levelled additional charges against Lee, including hiding criminal proceeds and violating a law on transferring assets abroad, in a second attempt to secure his arrest. An initial request a few weeks ago had been turned down.Prosecutors allege that Lee bribed Choi Soon-sil, an associate of the president, to secure government backing for a merger between two of the consumer electronics giant’s affiliate companies.Lee has effectively been head of the company since his father Lee Kun Hee was hospitalised in 2014.Samsung strategy chief Choi Gee-sung, seen as a mentor to Lee since his father’s incapacitation, is now expected to take a leading role while the investigation continues.The court rejected a separate request for a warrant against Samsung president Park Sang-jin.Park was impeached by the Korean national assembly at the end of last year. The country’s constitutional court is currently considering whether to confirm her removal.The arrest could have an onward impact on Samsung’s organisation. In addition to the controversial merger – seen as a move to consolidate the control of the Lee family – there is speculation that moves to split the company into a holding unit and an operating unit could be put on hold.last_img read more

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Here at Casey Research we actually look forward t

first_img Here at Casey Research, we actually look forward to corrections. Why? We know we’ll pay less for our purchases—they’re great for new subscribers who missed the ground-floor opportunities years ago. This confidence, of course, is the product of decades of cumulative experience and due diligence. We’re as certain as any investor can ever be that today’s data and the facts of history back our speculations on the likely outcomes of government actions, including the future direction of the gold price. When you keep your eye firmly on the ball of the major trends that guide us, you can see rallies and corrections for what they are: roller-coaster rides that give us opportunities to buy and take profits. This volatility is the engine of “buy low, sell high.” Understanding this empowers the contrarian psychology necessary to buy when prices on valuable assets tank, and to sell when they soar. There have been plenty of opportunities to buy during the corrections in the current secular gold bull market. The following chart shows every correction of 6% or more since 2001. Sometimes I see an important economic or geopolitical event in screaming headlines and think: “That’s bullish for gold.” Or: “That’s bad news for copper.” But then metals prices move in the opposite direction from the one I was expecting. Doug Casey always tells us not to worry about the short-term fluctuations, but it’s still frustrating, and I find myself wondering why the price moved the way it did. As investors we’re all affected by surges and sell-offs in the investments that we own, so I want to understand. Take gold, for example. Oftentimes we find that it seems to tease us with a nice run-up, only to give a big chunk of the gains back the next week. And so it goes, up and down… The truth is—and it really is this simple, but so obvious that people forget—that there are always rallies and corrections. The timing is rarely predictable, but big market swings within the longer-term megatrends we’re speculating on are normal in our sector. Since 2001, the gold price had 20 surges of 12% or greater, including the one that kick-started 2014. Even with last year’s seemingly endless “devil’s decline,” we got one surge. If we were to lower the threshold to 8%, there’d be a dozen more and an average of three per year, including two this year. As you can see, there have been 28 such corrections over the past 13 years—two per year, on average. Note that the corrections only outnumber surges because we used a lower threshold (6%). At the 12% threshold we used for surges, there wouldn’t be enough to show the somewhat periodic pattern we can see above. It’s also worth noting that our recent corrections fall well short of the sharp sell-off in the crash of 2008. Of course, there are periods when the gold price is flat, but the point is that these kinds of surges and corrections are common. Now the question becomes: what exactly drives these fluctuations (and the price of gold in general)? In tackling this, we need to recognize the fact that not all “drivers” are created equal. Some transient events, such as military conflicts, political crises, quarterly GDP reports, etc., trigger short-lived upswings or downturns (like some of those illustrated in the charts above). Others relate to the underlying trends that determine the direction of prices long term. Hint: the latter are much more predictable and reliable. Major financial, economic, and political trends don’t occur in a vacuum, so when they seem to become apparent overnight, it’s the people watching the fundamentals who tend to be least surprised. Here are some of the essential trends we are tracking… The Demise of the US Dollar Gold is priced around the world in United States dollars, so a stronger US dollar tends to push gold lower and a weaker US dollar usually drives gold higher. With the Fed’s money-printing machine (“quantitative easing”) having been left on full throttle for years, a weaker dollar ahead is a virtual certainty. At the same time, the US dollar’s status as reserve currency of the world is being pushed ever closer to the brink by the likes of Russia and China. Both have been making moves that threaten to dethrone the already-precarious USD. In fact, a yuan-ruble swap facility that excludes the greenback as well as a joint ratings agency have already been set up between China and Russia. The end of the USD’s reign as reserve currency of the world won’t end overnight, but the process has been set in motion. Its days are all but numbered. The consequences are not favorable for the US and those living there, but they can be mitigated—or even turned into opportunities to profit—for those who see what’s coming. Specifically, this big-league trend is extremely bullish for real, tangible assets, especially gold. Out-of-Control Government Debt and Deficits Readers who’ve been with us for a while know that another major trend destined for some sort of cataclysmic endgame can be seen in government fiscal policy: profligate spending, debt crises, currency crises, and ultimately currency regime change. This covers more than the demise of the USD as reserve currency of the world (as mentioned above); it also covers a loss of viability of the euro, and hyperinflationary outcomes for smaller currencies around the world as well. It’s worth noting that government debt was practically nonexistent, by modern standards, halfway through the 20th century. It has seen a dramatic increase with the expansion of government spending, worldwide. The US government has never been as deep in debt as it is today, with the exception of the periods of World War II and its immediate aftermath, having recently surpassed a 100% debt-to-GDP ratio. Such an unmanageable debt load has made deficits even worse. Interest payments on debt compound, so in time, interest rates will come to dominate government spending. Neither the dollar nor the economy can survive such a massive imbalance so something is bound to break long before the government gets to the point where interest gobbles up 80%+ of the budget. Gold Flowing from West to East The most powerful trend specifically in gold during the past few years has been the tidal shift in the flow of gold from West to East. China and India are the names of the game with the former having officially overtaken the latter as the world’s largest buyer of gold in 2013. Last year alone, China imported over 1,000 tonnes of gold through Hong Kong and mined some 430 tonnes more. China hasn’t updated its government holdings of gold since it announced it had 1,054 tonnes in 2009, but it’s plain to see that by now there is far more gold than that, whether in central bank vaults or private hands. Just adding together the known sources, China should have over 4,000 tonnes of monetary gold, and that’s a very conservative estimate. That would put China in second place in the world rankings of official gold holdings, trailing only the United States. The Chinese government supports this accumulation of gold, so this can be seen as a step toward making the Chinese renminbi a world currency—which would have a lot more behind it than US T-bills. India presents just as strong a bullish case, if only slightly tainted with Indian government’s relentless crusade to rein in the country’s current account deficit by maintaining the outrageously high (i.e., 10%) import duty on gold and silver. Of course, this just means more gold smuggling, which casts official Indian stats into question, as more and more of the industry moves into the black and grey markets. World Gold Council research estimates that 75% of Indian households would either continue or increase their gold buying in 2014. Even without gold-friendly policies in place, this figure is extremely bullish for gold and in line with the big picture we’re betting on. So What? Nobody can predict when the next rally will occur nor the depth of the next sell-off. I can promise you this: as an investor you’ll be much happier about those surges if you stick to buying during the corrections. But it has to be for the right reasons, i.e., buying when prices drop below reasonable (if not objective) valuation, and selling when they rise above it. Focusing on the above fundamental trends and not worrying about short-term triggers can help. Profiting from these trends is what we dedicate ourselves to here. Under current market conditions, that means speculating on the best mining stocks that offer leverage to the price of gold. Here’s what I suggest: test-drive the International Speculator for 3 months with a full money-back guarantee, and if it’s not everything you expected, just cancel for a prompt, courteous refund of every penny you paid. Click here to get started now.last_img read more

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Europes central bank just fired the bazooka

first_imgEurope’s central bank just fired the “bazooka.” Dispatch readers know governments have been using extremely reckless monetary policies since the 2008 financial crisis. In an effort to stimulate their economies, they’ve borrowed and printed incredible sums of money. For example, the Federal Reserve has created 3.5 trillion new currency units since 2008. The Fed has also held interest rates at unnaturally low levels. This has made it extremely cheap to borrow money. • The European Central Bank (ECB) cut its key interest rate on Thursday… Its key rate is now negative 0.4%. Negative rates don’t make sense to most people. Normally, a bank pays you interest on money you keep in the bank. With negative rates, you pay to keep money at the bank. It amounts to a tax on your cash. It’s a bizarre policy that could only exist in a world run by idiot politicians. • The government hopes negative rates will get people to spend more money… The idea is that you’ll buy more cars, televisions, and shoes. This will make the economy grow. But Casey Research founder Doug Casey explains that’s not how the real world works. It’s part of the Keynesian view, in which spending and consumption drive the economy. This isn’t just wrong, it’s the exact opposite of what’s true. It’s production and saving that drive an economy. You have to save to build capital, and capital is necessary for…everything. What these people are doing is destructive of civilization itself. And when we go into the next crisis, governments will use the disastrous results of their own policies as excuses to enact even more destructive versions of the same things. • The ECB also expanded its quantitative easing (QE) program… QE is when a central bank creates money and pumps it into the financial system. It’s a euphemism for money printing. The ECB is now creating €80 billion ($89 billion) every month. It’s by far the biggest money printing program in Europe’s history. • The ECB’s reckless monetary policies have failed to help economic growth… Europe’s economy is barely growing. However, instead of changing course, the ECB is doubling down on its failed policies. Doug Casey warned about this last month… The economy of the European Union is a constipated, sclerotic, malfunctioning entity that only registered real economic growth of 0.2% in the recent quarter—assuming you can credit their numbers at all. The continent is a giant monument to socialism, where everyone believes they can live at the expense of everyone else. As a result, the average European sees his government as a magic cornucopia, a source of unlimited wealth. When something goes wrong, Europeans look to their governments to “do something.” With this in mind, European Central Bank president Mario Draghi made the front pages by saying he is “ready to act” with a “whole menu of monetary policy instruments.” • The STOXX Europe 600, which tracks 600 large European stocks, fell 1.6% on the news… Typically, a huge dose of new money would cause markets to rally. But Europe is addicted to easy money. Markets were hoping for an even bigger dose of stimulus than the ECB delivered. Markets were disappointed that the ECB committed to print “only” $89 billion per month. And Europe isn’t the only economy addicted to easy money. As we mentioned earlier, the Fed has pumped 3.5 trillion new dollars into the U.S. financial system since 2008. But the U.S. economy is growing at its slowest pace since World War II. The Bank of Japan (BOJ) has more than doubled Japan’s money supply since 2013. It introduced negative rates in January. But Japan’s economy hasn’t grown in more than two decades. • Easy money policies have accomplished one thing… They’ve inflated asset prices to crazy levels. The S&P 500, the most watched stock index in the world, has surged 215% since March 2009. The Nikkei 225 has jumped 104% since Japan began its latest easy money program in 2012. Bonds, commercial property, and art prices have all hit record highs. Yet world economies are barely growing. We’re living in an “Alice in Wonderland” economy where asset prices are disconnected from the “real economy.” Recommended Links — New law cracks down on right to use cash The U.S. government is trying to restrict your access to cash. But not for the reason you think… According to leaked evidence it’s much, much worse. The Secret to Investing in Gold Like Doug Casey After the longest bear market in gold stocks in 40 years…Doug Casey just revealed how he plans to make a killing on gold’s massive rebound…and why 99% of investors don’t have what it takes to try this gold strategy. See more here.center_img – • Negative interest rates are likely coming to the U.S… Today, the Fed’s key rate is 0.38%…well below its historic average of 5%. Federal Reserve chair Janet Yellen has already said negative rates are “on the table” if the U.S. economy slows. As we explained, negative rates are supposed to get people to spend more money. If you have to pay to save money at the bank, you’re more likely to spend. However, there’s a major problem. Instead of paying negative interest rates, many Americans will simply pull their cash out of the bank. They’ll keep paper cash at home, where the government can’t tax it with negative interest rates. • That’s why governments want all your money in the digital financial system… And it’s why world governments are trying to eliminate paper cash. Italy, Spain, Mexico, and Russia have already banned large cash transactions. The ECB is trying to get rid of the €500 bill. Lawrence Summers, the former U.S. Treasury Secretary, wants the U.S. government to pull the $100 bill out of circulation. By banning cash, governments hope to force you to keep money in the digital banking system. And if your money is trapped in the digital banking system, you can’t escape the bank account tax that’s coming. The government will be free to tax your cash with negative interest rates. • We expect the combination of negative interest rates and the ban on cash to create a huge rush into “underground currencies”… Gold is the ultimate underground currency. As Casey readers know, gold has been used as money for thousands of years because it is easily divisible, easily transportable, has intrinsic value, is durable, and has consistent form around the world. And, as Doug Casey reminds us, it’s a good form of money because governments can’t print it on a whim. The government can’t destroy the value of your gold. • The price of gold is up 18% this year… It’s off to its best start since 1980, according to Financial Times. As governments get more desperate, gold should surge much higher. It could easily double or triple in the next few years. If you don’t own gold, we recommend buying some today. If you already own gold, we recommend buying more. We also encourage you to read our new report, “How to Protect Yourself from the War on Cash.” In it, we share our best advice on how to deal with negative interest rates and the coming cash ban. We explain seven steps you can take right now to protect your money. These things are easy to do, but you’ve likely never thought of some of them. Click here to claim your copy now. Chart of the Day Here’s proof that we’re living in an “Alice in Wonderland” economy. Today’s chart shows the value of government bonds with negative interest rates. Not long ago, negative rates were unheard of. Today, more than $6.6 trillion worth of government bonds now have negative rates. The value of government bonds with negative rates is almost seven times higher than it was last year. Negative interest rates are a perversion of capitalism. They penalize people for working hard and saving money. We recommend taking steps to protect yourself before negative rates reach into your bank account. Regards, Justin Spittler Delray Beach, Florida March 14, 2016 We want to hear from you. If you have a question or comment, please send it to feedback@caseyresearch.com. We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful.last_img read more

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Its hard to imagine a happier face But its a bi

first_imgIt’s hard to imagine a happier face. But it’s a bittersweet story.A joyful video of a 5-year-old Afghan boy, Sayeed Rehman, has gone viral. He had just been fitted with a new prosthetic leg, and he couldn’t stop dancing while flashing a wide smile. He said he was happy to have a leg that fit him because he had outgrown his older ones — and happy he could dance again with the new prosthetic.The video, taken last Saturday by one of his therapists at the ICRC Orthopaedic Center in Kabul, resonated with many in Afghanistan and around the worldSayeed Rehman’s own story is much like that of the tens of thousands of Afghan children affected by the years of conflict. “He was injured when he was only 8 months old,” Sayeed Rehman’s mother, Raesa, told NPR over a phone call from their home province of Logar, some 40 miles from the capital city. “We live in an area where the Taliban are strong and there are lot of battles between the Afghan forces and the insurgents.”The family was caught in one such attack close to their house. Sayeed Rehman and his older sister were both injured, while Raesa’s brother and nephew were killed, she said. She rushed the injured children to a clinic in the district center. They both survived, but Sayeed Rehman’s right leg had to be amputated. The boy was hospitalized for a month and a half. “[He] came to our center in Kabul in December 2013 when he was approximately 10 months old,” recalls Dr. Alberto Cairo, head of the ICRC Orthopaedic Center in Kabul and one of Sayeed Rehman’s doctors. The boy learned to walk with the use of a prosthetic and crutches over the years. “The mother did very well to bring us the child when very small,” Cairo says. “At that age the prosthesis becomes part of the body without the child almost noticing, which is an essential step for a regular physical and mental development.”Since he was first brought to the clinic, Sayeed Rehman has had six artificial legs to fit his growing body, “including the last, the one he is dancing on,” Cairo says. “As he grows older, he will need a new prosthetic per year for the next few years, and eventually one every two or three years,” Cairo says. “We expect he will receive a total of minimum 35 during his life.” The International Committee of the Red Cross says that it treats 500 to 600 cases of Afghans who need prosthetics every year, of which at least 30 are children.But the number of children injured is much higher, according to reports from the U.N. Assistance Mission in Afghanistan (UNAMA). So far this year, of the 1,773 civilian casualties recorded by the U.N. agency between January and March, 582 were children — 150 deaths and 432 injured. This is a steep rise from 2009, when the U.N. started documenting civilian casualties in Afghanistan and reported 345 children killed due to conflict that year. Heather Barr, senior researcher at Human Rights Watch, hopes that Sayeed Rehman’s video will force viewers to consider the larger issues affecting children in Afghanistan. “This video is so joyful and also so poignant. I want people to watch it and see a beautiful child having a moment of happiness — but not without also understanding the violence, pain and suffering Afghans are experiencing every day,” she says.She is also concerned by World Bank figures showing a drop in aid to the country: “The survival rate — and quality of living — for children who are injured due to the conflict is directly connected to what type of health care and rehabilitation services are available to them, and there is real reason to worry that Afghanistan’s already extremely weak health care system is growing weaker.”Indeed, providing constant medical attention to Sayeed Rehman has been a challenge for his mother. The prosthetic is provided at no cost, but she says she’s in heavy debt due to other medical expenses.And she’s the sole supporter of their family. “I work in the fields and look after Rehman and his siblings, and their ailing father who is unemployed. We are barely surviving with the income we have,” Raesa says, adding that she’s had to carry him in her arms to his medical appointments because he can’t walk all the way with his prosthetic leg. “I am physically and mentally worn out, but who else is there to look after us?”Raesa has high hopes for her son’s future. “He is such a happy child who is always running, dancing and making other people around him so happy. I want to send him to school so he can grow up be a powerful man,” she says. The child’s doctors agree with Raesa. “The physiotherapists working with him say that he is a very easy patient, fast in learning, doing whatever he has been asked to. He is a happy and sweet boy,” Cairo says.But Barr worries that even a viral video won’t be enough to keep the world’s attention on Afghanistan. “Afghanistan and its civilian casualties feel very forgotten,” she says. “And no one wants to be reminded that people are still dying in the war daily.”Casualty reports, published regularly in The New York Times, back up her assertion. Just this week, while the viral video was eliciting smiles, this report was listed for May 8: “A home in the Torachina area of Tarinkot District was hit by airstrikes from a foreign aircraft during a joint operation, killing six members of the same family. Two women and four children were buried under the collapsed home.”Ruchi Kumar is a freelance journalist reporting from India and Afghanistan about conflict, politics, development and culture stories. She tweets at @RuchiKumarHikmat Noori is an Afghan journalist based in Kabul who covers the intersection of culture and politics in South Asia. He tweets at @noori1st Copyright 2019 NPR. To see more, visit https://www.npr.org.last_img read more

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Lululemon Founder Chip Wilson Now Is the Right Time to Step Away

first_img Enroll Now for $5 This story originally appeared on Reuters Controversies Next Article Image credit: Wikipedia Add to Queue 2 min read February 2, 2015center_img Lululemon Founder Chip Wilson: ‘Now Is the Right Time to Step Away’ –shares Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Lululemon Athletica Inc founder Chip Wilson, a sometimes controversial figure who helped build the Canadian yogawear retailer into an international success story, said on Monday he was resigning from the company’s board.”I believe that now is the right time to step away,” Wilson said in a statement.Wilson, who founded Lululemon in 1998, withdrew from day-to-day management in early 2012, and stepped down as chairman in late 2013.Shares in Lululemon fell 1.4 percent at $65.34 on the Nasdaq.In early 2013, the company was hit by a high-profile recall of its signature yoga pants after complaints mounted that they were overly see-through. Wilson briefly returned to take a more active role in operations.The fallout from the recall led to departures of top executives and a public relations headache for the company.The problems were compounded later that year, when Wilson said fabric in some pants was not holding up because some customers’ thighs rubbed together, adding that “some women’s bodies just actually don’t work” for Lululemon’s clothing.His comments sparked an uproar, in part because of the perception that Wilson was blaming quality issues on customers. Wilson later said he was “sad for the repercussions of his actions.”Wilson stepped down as chairman in December 2013, but stayed on as a director.Tensions remained, however, as Wilson lashed out at the retailer’s board last June, saying the new chairman and another director were too focused on short-term growth.A proxy war was averted when Wilson agreed to sell one-half of his 27 percent stake in Lululemon to private equity firm Advent International for $845 million. Under the agreement, Advent added two of its senior managers to Lululemon’s board.Lululemon has seen the beginning of a turnaround in recent months, under the direction of new chief executive officer, Laurent Potdevin.Wilson said he will work with his wife and son on their new business, Kit and Ace, a luxury casual wear company that opened in July. Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Reuters last_img read more

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Samsung Recalls 28 Million Washing Machines in US Over Injury Risk

first_img 56shares Samsung Recalls 2.8 Million Washing Machines in U.S. Over Injury Risk Fireside Chat | July 25: Three Surprising Ways to Build Your Brand This story originally appeared on Reuters Image credit: Reuters | Andrew Kelly/File Photo Next Article Reuters The recall involves 34 models of top-load washing machines made between March 2011 and November 2016 and costing $450 to $1,500. 2 min read November 4, 2016 Enroll Now for $5 Samsung Electronics Co. Ltd., already reeling from a global recall of its Note 7 smartphones, said on Friday it would recall about 2.8 million top-load washing machines in the United States following reports of injuries.The top of the washing machines can unexpectedly detach from the chassis during use, posing a risk of injury from impact, the U.S. Consumer Product Safety Commission said. The South Korean tech company has received nine reports of injuries, including a broken jaw, an injured shoulder and other fall-related injuries, the agency said.Samsung has received 733 reports of excessive vibration in the washing machines or the top detaching from the chassis.The recall involves 34 models of top-load washing machines made between March 2011 and November 2016 and costing $450-$1,500.The top of the affected washing machines could separate when a high-speed spin cycle is used for washing bedding, water-resistant or bulky items, Samsung said.The company has also been sued by some U.S. customers, who have alleged that their machines “explode during normal use”.Samsung, the world’s top smartphone maker, scrapped its Galaxy Note 7 smartphone last month after failing to resolve safety concerns.It had announced the recall of 2.5 million Note 7s in early September following numerous reports of the phones catching fire.(Reporting by Ankit Ajmera in Bengaluru; Editing by Saumyadeb Chakrabarty and Sai Sachin Ravikumar) Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Add to Queue Samsunglast_img read more

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Improving blood vessel growth could help mitigate health problems arising from obesity

first_img Source:http://news.yorku.ca/2018/12/04/promising-research-shows-blood-vessel-growth-key-to-healthy-fat-tissue/ Reviewed by James Ives, M.Psych. (Editor)Dec 5 2018New research led by York University’s Faculty of Health shows that inhibiting a protein within blood vessels stimulates new blood vessel growth, resulting in healthier fat tissue (adipose) and lower blood sugar levels. The findings provide key insight into how improving blood vessel growth could help to mitigate serious health problems that arise with obesity, such as diabetes.Tara Haas, a professor in the School of Kinesiology & Health Science at York University, and a team including first author Martina Rudnicki, a post-doctoral fellow in the Haas lab, investigated a process of the vascular system called angiogenesis. Angiogenesis is the formation of tiny blood vessels called capillaries. It helps to maintain normal healthy functions in tissue, particularly when that tissue enlarges. However, when the tissue expands as it stores excess fat, angiogenesis is repressed and new capillaries fail to grow. This results in unhealthy adipose tissue, which increases the risk of developing diabetes and cardiovascular diseases. “It is not clear why exactly new capillaries fail to form in obesity,” says Haas.Previous research led by Haas found that in obesity, the levels of FoxO1 increase in endothelial cells, which are the main cells that comprise capillaries. “What we know is that a protein called FoxO1 is present in the cells that line the inside of blood vessels, and that it can stop the development of new capillaries. FoxO1 controls how cells spend their energy and it can force them to go into a resting state. During obesity, the levels of FoxO1 increase in capillary endothelial cells. Therefore, it may be possible that FoxO1 prevents new blood vessels from growing in the fat tissues of obese individuals,” says Haas.last_img read more

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Study offers clues about how to prevent brain inflammation in Alzheimers

first_imgRelated StoriesNeural pathways explain the relationship between imagination and willingness to helpRush University Medical Center offers new FDA-approved treatment for brain aneurysmsAn active brain and body associated with reduced risk of dementiaIn their most recent inquiry, Tanzi, neuroscientist Ana Griciuc, PhD, and their colleagues set out to discover how CD33 and TREM2 interact, and what role that “crosstalk” might play in neuroinflammation and the origin of AD. To do that, they posed a question: What happens when these critically important genes are silenced–individually and simultaneously?To find answers, Tanzi and his team studied laboratory mice specially bred to have brain changes and behavior consistent with AD. The team began by observing and testing a strain of AD mice that had their CD33 genes turned off. They discovered that these mice had reduced levels of amyloid plaque in their brains and performed better than other AD mice on tests of learning and memory, such as finding their way in a maze. However, when mice had both CD33 and TREM2 silenced, the brain and behavior benefits disappeared–which also happened when only a single TREM2 gene was quieted. “That tells us that TREM2 is working downstream of CD33 to control neuroinflammation,” says Tanzi. That theory was bolstered by sequencing of microglia RNA, which indicated that both CD33 and TREM2 regulate neuroinflammation by increasing or decreasing activity of an immune cell called IL-1 beta and the cell receptor IL-1RN.”We are increasingly realizing that to help Alzheimer’s patients, it is most critical to stop the massive brain nerve cell death that is caused by neuroinflammation,” says Tanzi. “We now see that the CD33 and TREM2 genes are the best drug targets for achieving this goal.” Source:Massachusetts General HospitalJournal reference:Griciuc, A. et al. (2019) TREM2 Acts Downstream of CD33 in Modulating Microglial Pathology in Alzheimer’s Disease. Neuron. doi.org/10.1016/j.neuron.2019.06.010. Reviewed by Kate Anderton, B.Sc. (Editor)Jul 11 2019A new study by scientists at Massachusetts General Hospital (MGH) offers clues about how to prevent inflammation of brain tissue, which promotes Alzheimer’s disease (AD). The findings of this study online now and appearing in the September 4, 2019 print issue of the journal Neuron, could contribute to the development of new therapies for AD.It’s known that the brains of people with AD fill with deposits of damaged nerve cells and other proteins, known as amyloid plaques, as well as tangled formations of proteins called tau. “But if you just have plaques and tangles alone, you probably won’t develop Alzheimer’s disease for a long time, if at all,” says neuroscientist Rudolph E. Tanzi, PhD, director of the Genetics and Aging Research Unit at MGH, and senior author of the Neuron study. Rather, explains Tanzi, it’s the inflammation that occurs in response to plaques and tangles, or neuroinflammation, that is the primary killer of neurons, which leads to cognitive decline.Tanzi’s lab discovered the first gene associated with neuroinflammation in AD, known as CD33, in 2008. CD33 carries the genetic code for receptors found on microglia cells, which normally act as one of the brain’s housekeepers, clearing away neurological debris, including plaques and tangles. In 2013, Tanzi and colleagues published their discovery that CD33 influences the activity of microglia: When the gene is highly expressed, microglia turn from housekeepers to neuron killers, sparking neuroinflammation.Meanwhile, other investigators identified another gene, TREM2, which has the opposite effect of CD33: It shuts down microglia’s capacity to promote neuroinflammation. In other words, says Tanzi, CD33 is the “on” switch for neuroinflammation, while TREM2 acts like an “off” switch. The Holy Grail in this field has been to discover how to turn off neuroinflammation in microglia.”Rudolph E. Tanzi, PhD, director of the Genetics and Aging Research Unit at MGHlast_img read more

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Engineer to combine math machine learning and signal processing to lay groundwork

first_img Explore further Provided by Washington University in St. Louis Like our eyes, microscopes are limited in what they can see because of their resolution, or their ability to see detail. The detail, or information, from the object is there, but some of it gets lost as the light reflecting off of the object moves through the air. It takes a village—How researchers built their own microscope to decipher ‘superbugs’ Ulugbek Kamilov, an engineer in the School of Engineering & Applied Science at Washington University in St. Louis, plans to use a three-year, $265,293 grant from the National Science Foundation to capture the information that normally gets lost and add it to the information researchers typically receive from microscopes. Ultimately, this work, along with that of his collaborator, Lei Tian at Boston University, may lead to a more precise microscope that can see objects as miniscule as 100 nanometers, such as viruses. Currently, microscopes have a resolution limit of about 500 nanometers, which allows them to see bacteria. A human hair, for instance, is 100,000 nanometers wide.”The whole premise of this is built on one single fact—the way light interacts with any matter is linear,” said Kamilov, assistant professor of electrical & systems engineering and computer science & engineering. “But the reality is that the interaction is actually not linear.”For example, if you shine a flashlight through your hand, you can’t see the source of the light because it’s bending, and that is nonlinearity. With a single cell, the bending is so light that it is nearly transparent, which is linear.When light interacts with a cell or an object, the light going out of the cell loses the information it gathers from that interaction. But because of that interaction, there are fluctuations in the vicinity of that cell that work with such matter and get retransformed and remitted. Those fluctuations are encoded into the nonlinearity of the interaction, but today’s microscopes are unable see this, Kamilov said.”We want to take into account this nonlinear interaction of light, objects and premises, and if we do it correctly, we can extract that information, which normally disappears in a current microscope and is treated as ‘noise,'” Kamilov said. “We want to decode the information from the noise and add it back into the resolution, and that should give us features that are smaller than the resolution limit.”Kamilov said there are two types of noise: imperfections and mathematical noise that is the result of science’s current limitations. It is the mathematical noise that he wants to capture.”In reality, that noise is information, and we want to use that information to break the barrier to see beyond the resolution limit,” he said.Kamilov’s collaborator, Tian, assistant professor of electrical & computer engineering, received a $250,707 grant from the NSF to build a new microscope that will use Kamilov’s computational results, algorithms and software and could be used in medical imaging, biological and material imaging, brain mapping and drug discovery. Together, the set of studies totals $516,000.Kamilov also plans to use machine learning to learn the features of the objects they are looking at with the microscope.”We want to look at the distinguishing features of cells so that when we combine them with the nonlinear measurements and fuse that information, we will be able to get higher resolution images,” he said. “We hope to get up to five times improvement.”Kamilov uses high-powered graphical processing units (GPUs) in his lab, which significantly speed the processing time. What took two days of processing on a regular computer takes just milliseconds on a GPU, he said.”This project is very timely, because we have the mathematical sophistication of signal processing, the computational tools and machine learning,” he said. “All of those things have improved together. It would have been very difficult to do this project 10 years ago.”center_img Citation: Engineer to combine math, machine learning and signal processing to lay groundwork for high-resolution microscope (2018, June 26) retrieved 18 July 2019 from https://phys.org/news/2018-06-combine-math-machine-groundwork-high-resolution.html Engineers at Washington University in St. Louis are investigating new techniques that could lead to better, more precise microscopes. Credit: Washington University in St. Louis This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.last_img read more

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First truly black solar modules roll off industrial production line

first_img Changing the type of silicon etching drops solar power costs by more than 10 percent More information: Toni P. Pasanen et al., “Industrial applicability of AR-coating-free black silicon”, 35th European Photovoltaic Solar Energy Conference and Exhibition, September 24-28, 2018, Brussels, BelgiumToni P. Pasanen et al., “Elimination of light-induced degradation by black silicon” 35th European Photovoltaic Solar Energy Conference and Exhibition, September 24-28, 2018, Brussels, BelgiumChiara Modanese et al., ” Dry-etched black silicon: A cost-effective production route for PERC solar cells”, 35th European Photovoltaic Solar Energy Conference and Exhibition, September 24-28, 2018, Brussels, BelgiumToni P. Pasanen et al. Black silicon significantly enhances phosphorus diffusion gettering, Scientific Reports (2018). DOI: 10.1038/s41598-018-20494-y This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. “Our timing could not have been better” prof. Hele Savin, who led the research, was pleased to tell. Indeed, 2018 is commonly called the “Year of Black Silicon” due to its rapid expansion in the photovoltaic (PV) industry. It has enabled the use of diamond-wire sawing in multicrystalline silicon, which reduces costs and environmental impact. However, there is still plenty of room for improvement as the current black silicon used in industry consists of shallow nanostructures that leads to sub-optimal optical properties and requires a separate antireflection coating. Aalto’s approach consists of using deep needle-like nanostructures to make an optically perfect surface that eliminates the need for the antireflection coatings. Their industrial production, however, was not an easy task. “We were worried that such a fragile structure would not survive the multi-step mass production, because of rough handling by robots or module lamination.”Luckily the concerns were proven not to be an issue. The cells and modules were truly black when they came out from production and had no signs of damage. The best module was producing energy with more than 20% efficiency. In addition to excellent optical properties, the researchers were positively surprised that their black cells had additional unexpected benefits such as a high tolerance towards impurities and much better long-term stability as compared to the industry standard reference cells.How expensive is black silicon technology? “Questions related to techno-economical analysis are always difficult, especially for material scientists like us. Luckily, we got help from people with related expertise.” Savin answers. The project partners provided data to prof. Joshua Pearce at Michigan Tech University, whose preliminary calculations indicate that while deep nanostructures are expensive to fabricate, the higher performance of the end product could balance out the total costs, e.g. due to a lower amount of process steps. Explore further The cells and modules were truly black when they came out from production and had no signs of damage. Credit: Hele Savin’s research group / Aalto University Black PERC solar cell without AR-coating produced at industrial line. Obs. the substrate is multicyrstalline silicon despite the rounded corners. Credit: Hele Savin’s research group / Aalto University Provided by Aalto University Journal information: Scientific Reports Citation: First truly black solar modules roll off industrial production line (2018, September 10) retrieved 17 July 2019 from https://phys.org/news/2018-09-black-solar-modules-industrial-production.html A 2011 invention made by Aalto University’s researchers has proceeded from concept to reality. Just a few years ago the researchers obtained the record efficiency of 22% in the lab for nanostructured solar cells using atomic layer deposition, and now with the help of industrial partners and joint European collaboration, the first prototype modules have been manufactured on an industrial production line.last_img read more

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Barring fundamentalists Muslims want construction of Ram temple in Ayodhya Ram Vilas

first_img Next Press Trust of India LucknowJuly 12, 2019UPDATED: July 12, 2019 22:05 IST Ram Janmabhoomi Nyas member Ram Vilas Vedanti (Image Credit: ANI)Ram Janmabhoomi Nyas member Ram Vilas Vedanti on Friday claimed barring fundamentalists, the Muslim community supports the idea of construction of a grand Ram temple in Ayodhya.”Eighty per cent Muslims, barring the fundamentalists, want that the temple be constructed at the place where Ram Lalla is installed in Ayodhya,” he told media here.”Lucknow,”The chairman of the Shia Waqf Board, Wasim Rizvi has also agreed that Ram temple be built in Ayodhya whereas the mosque can be constructed at any other Shia-majority place in he said.His comments come in the wake of the Supreme Court on Thursday seeking a report on the “progress of mediation” in the politically sensitive case of Ram Janmabhoomi-Babri Masjid land dispute in Ayodhya and said a day-to-day hearing may commence from July 25 if the court decides to conclude those proceedings.Ram Vilas Vedanti, described as working president of Ram Janmabhoomi Nyas, also said there was “nothing in the name of (Mughal ruler) Babur” in Ayodhya and that everything in the city was “in the name of Lord Ram”.”There is not even a locality, lane or ward named after Babar in Ayodhya,” he said.”Muslims need to come forward and say that Hindus should construct their temple in Ayodhya for peace, communal amity and brotherhood,” he said, adding the Sunni Waqf Board should withdraw the case.To a question, Ram Vilas Vedanti, a former BJP MP, said it was most unfortunate that in a country where Hindus constitute “90 per cent” of the population, people are fighting a case in court for the construction of Ram temple.He said no power can build a mosque where Ram Lalla is installed, adding his statement could be either taken as a ‘threat’ or ‘suggestion’.On December 6, 1992, the Babri Masjid, constructed at the disputed site in the 16th century by Shia Muslim Mir Baqi, was demolished.ALSO READ | Ayodhya land title case: SC asks mediation panel to submit report by July 18ALSO WATCH | War over Jai Shri Ram escalates in Bengal, Kumaraswamy seeks floor test, says he govt has numbers; moreFor the latest World Cup news, live scores and fixtures for World Cup 2019, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for World Cup news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byKritika Kashyap Tags :Follow Ram Vilas VedantiFollow AyodhyaFollow Ram templeFollow MuslimsFollow Ram Janmabhoomi Nyas Karyashala Barring fundamentalists, Muslims want construction of Ram temple in Ayodhya: Ram Vilas VedantiRam Janmabhoomi Nyas member Ram Vilas Vedanti on Friday claimed barring fundamentalists, the Muslim community supports the idea of construction of a grand Ram temple in Ayodhya.advertisementlast_img read more

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After 80 entrepreneurs tell you why the dessert shop business so fire

now in order to live in the proportion of casual dining in the catering market is growing, clubs, fashion trends and trends in the dessert market is ushering in the development of the peak. Today, more and more friends like to eat dessert, dessert restaurant franchise business is also very hot. If you want to invest in a security project, the choice of dessert catering to join the project, for entrepreneurs, choose a dessert catering stores is to choose wealth, how investors can create wealth? />


he each to store customers as their friends, chat with them, listen to their opinions and to store food, such as the store decoration add some what, or how to adjust the taste will be better. In the course of contacts, we became friends, as if the store is open with them, or specifically for their open, so they are willing to come, and now a lot of customers are repeat customers.


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2016 Shanghai food chain

exhibition time: August 25, 2016 -27


organizer: China Hotel Association Asia Alliance

  good food

organizer: Shanghai new trace Exhibition Service Co. Ltd.


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