Consumer confidence edges down from its soaring highs

first_img whatsapp whatsapp Share Express KCS Thursday 18 December 2014 9:03 pm CONFIDENCE among UK consumers has dipped in December, according to two new sets of survey data. The GFK consumer confidence index published today dropped to minus four in December from minus two in November, according to figures released by the eponymous market research firm.However, it was minus 13 a year ago and near minus 40 at the trough of the recession. It remains in line with pre-recession levels.Another index compiled by the Centre for Economics and Business Research (CEBR) and YouGov today also shows consumer confidence slipping slightly in December.Their index declined by 1.2 points to 110.1 – the second lowest figure of 2014. A value of 96.6 represents the average of the index since it began in 2007. Despite the dip, confidence levels are comparable to those in 2007 and still far from recessionary levels of between 70 and 95.“The recent slip in consumer confidence has for the most part been driven by a slump in job security,” said Charles Davis, director at the CEBR. “While the headline unemployment rate has dropped rapidly over the last year or so, plenty of people are unsure about where their next pay cheque is coming from.” center_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof Consumer confidence edges down from its soaring highs by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsThis game will keep you up all night!Hero WarsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveGive It LoveRemember These Rare Sisters? See Them NowGive It Love Show Comments ▼ Tags: NULLlast_img read more

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News / ‘Storage in transit’ products expand to head off looming box congestion crisis

first_img MSC has announced four additional container wayport storage hubs as part of its Covid-19 suspension of transit (SOT) offering to shippers looking to avoid congestion and high storage costs at destination ports on non-essential goods.The SOT product is targeted at shippers that have been unable to cancel or halt orders from Asia and will have containers en route in the coming weeks for markets in lockdown.Freeport (Bahamas), Gioia Tauro (Italy), Klaipeda (Lithuania) and Las Palmas (Spain) are the latest transhipment hub storage facilities MSC will offer its customers at time of booking.The original six “buffer ports” were: Bremerhaven (Germany), Busan (South Korea), King Abdullah (Saudi Arabia), Lome (Togo), Rodam PSA International Terminal (Panama) and Tekirdag Asyaport (Turkey).The carrier claimed that as “advance storage” ports, the SOT hubs will assist shippers to “begin moving goods early in anticipation of a resumption in demand, in an efficient and cost-effective way” once the coronavirus crisis is over.“The SOT programme is proving to be particularly useful for beneficial cargo owners and cargo consolidators, all of which are faced with congestion at ports of destination and the related possibility of high warehousing storage costs,” said MSC.The carrier said it would suspend the transit of containers at the interim hubs “upon your request”, but in practical terms, and to avoid expensive onboard re-stows, the request will need to be made at the time of the booking.It said that the SOT programme offered shippers “flexibility” and allowed them to “adapt your delivery date to your customers’ needs”.Customers are requested to contact their local MSC offices for more details and prices.At the time of writing, The Loadstar has been unable to ascertain a ballpark cost for the SOT programme, but one internal source familiar with the scheme said it was “negotiable, depending on who you are”.A legal source told The Loadstar this morning that the concept of a “suspension of transit” relating to the carrier’s bill of lading could “prove to be a headache for insurers” if cargo suffered damage at the storage facility.And a UK NVOCC told The Loadstar that, while he applauded MSC’s initiative, he would “worry a little about the relay” of the boxes when its ships were full again from Asia.It does not appear that MSC’s 2M partner, Maersk, will be offering its customers a similar storage product, although the operation of its ships will be impacted by the additional working at the respective hubs.Meanwhile, Ocean Alliance carrier CMA CGM today unveiled a similar in-transit storage product which it called Delay in Transit (DIT) and which would facilitate the “slowing of non-urgent shipments”.It said the new product would allow shippers to “temporarily store their containers in a dedicated hub until the recipient is ready for them to arrive at the final destination shown on the final bill of lading.”CMA CGM’s DIT product applies to the transhipment hubs of Algeciras, Malta, Piraeus, Tanger Med, Busan and Kingston. By Mike Wackett 09/04/2020last_img read more

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This surgery has been taught for decades using Styrofoam cups. 3-D technology is changing that

first_img About the Author Reprints By Blair Bigham Jan. 9, 2017 Reprints After more than a dozen mock surgeries, she feels more confident in performing the surgery on a patient.“I know the sequence, I know the danger zones,” she said, referring to tiny nerves and arteries she has to avoid to prevent complications. “YouTube gives you a sense of how things may look, and a book can give you the steps, but its a completely different experience to be working with your tools in the 3-D space.”Dr. Dale Podolsky invented the model. Reducing trainee stress was part of his motivation, along with improving patient outcomes. Since he started the project in 2014, he has worked with a biomedical incubator in Toronto to spin off a company called Simulare Medical.“Commercialization is essential — it allows you to conduct research and build the infrastructure to manufacture [the model],” he said.One of the first buyers was New York-headquartered Smile Train, an international children’s charity dedicated to teaching surgeons around the world how to repair cleft palates.Poldosky’s model will be deployed to “Africa and Latin America to accelerate learning and elevate the level of cleft care worldwide,” said Erin Stieber, vice president of strategic partnerships at Smile Train.  The simulator, she said, is a game-changer that will be integrated into the current education model of virtual, classroom, and operating room training. “This could be massive.” Currently, a model costs about $500, and includes training tools, a video camera, and instructional materials. Video recording capability, said Podolsky, is particularly valuable as performance can be assessed remotely. “I could be halfway around the world and give feedback to a training surgeon.” Charities, hospitals, and universities in more than 10 countries have purchased the model, but Podolsky wouldn’t release sales figures.Another global charity that provides free cleft surgeries has raised a concern. Dr. Ruben Ayala, senior vice president of medical affairs for Operation Smile, said the barrier of cost needs to be addressed to “democratize” education, bringing better training to places where the surgery could be “life-changing for enormous amounts of people.” The global need is great: “There is a plethora of patients who need [cleft palate] care,” he said.Ayala said Podolsky’s model has great potential to influence training but it “needs to be manufactured at higher quantities and much lower costs.” Until then, surgeons will continue to be trained as they have for centuries, via textbook and practice. One of the world’s most common surgeries in children has been taught for decades using a Styrofoam cup.Cleft lip and palate repair is a delicate procedure, and the outcome is sometimes hard to predict. One wrong move inside the tiny mouth of a 1-year-old could mean a child with speech defects, problems eating, or lifelong problems breathing. Training for the surgery takes years of practice — surgeons are still improving 10 years after they graduate, said Dr. Christopher Forrest, chair of plastic surgery and reconstructive surgery at the University of Toronto.“It’s where I get the biggest level of coronary spasm,” said Forrest, of watching apprentice surgeons take the lead. “It requires measurement in millimeters, familiarity with the nuances of anatomy, and the tissues are particularly fragile.”advertisement For years, no other model existed. But in Toronto, a plastic surgery resident at SickKids Hospital has fused his engineering and medical skills to build 3-D printed models that resemble children’s mouths. They’ve been a welcome innovation.“It makes absolute sense,” said Forrest, to invest in a surgical model that allows trainees to practice the repair in a low-stakes environment. “The cost of something going wrong on a patient is undoable.”advertisement Related: Tags educationhospitalspediatrics During a training session a few weeks ago at SickKids, Dr. Natalia Ziolkowski, a plastic surgery resident at the University of Toronto, focused hard as she moved a scalpel inside the tiny model mouth. Basic sutures are challenging in such a small space, she said, and the model allows her to focus not only on what she’s doing in a given moment, but plan her next steps and guide herself away from “danger zones” containing critical arteries. The dream of 3-D-printed organs rests on keeping cells alive. A new advance could help Blair Bigham HospitalsThis surgery has been taught for decades using Styrofoam cups. 3-D technology is changing that This 3-D printed model of a child’s mouth is helping surgeons train to repair cleft palates. Dale Poldolsky @BlairBigham last_img read more

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North Korea Deliberating Next Moves

first_img North Korea tries to accelerate building of walls and fences along border with China By Yang Jung A – 2008.11.26 9:55pm News Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak There are signs that North Korea is running into serious difficulties with its corn harvest North Korea Deliberating Next Moves AvatarYang Jung A News center_img News Facebook Twitter RELATED ARTICLESMORE FROM AUTHOR News Minister of Unification Kim Ha Joong said on Wednesday that “North Korea seems to be deliberating additional measures to cope with a potential worsened situation; blockage of overland passage was the first measure.”Minister Kim revealed that in a meeting of the Diplomacy, Commerce and Unification Committee of the National Assembly, “However, it is hard to predict what kind of measures will be taken, due to North Korea’s characteristics.” However, he predicted that, “Out of consideration for guaranteeing the production of Southern enterprises as a special case, there will not be so much impact on production activities for the time being. Private organizations’ exchanges may not be fully blocked because North Korea revealed its position to permit passage.” Regarding the possibility of the closure of the Kaesong Industrial Complex, “It could be possible,” he said. Regarding leaflet spreading in North Korea by NGOs, he said that, “We have been recommending them not to send them and will continue to persuade them.” Minister Kim explained that, “The key background of these moves by North Korea is basically dissatisfaction at our policy and the leaflets issue as well. Additionally, the fact that we have participated in passing the U.N. human rights draft resolution on North Korea as a co-sponsor state can affect things.” Minister Kim urged that, “This situation was generated not by our government’s hard-line policy towards North Korea, but by North Korea’s uncompromising attitude that made the North misunderstand our policies and refuse dialogue with the South. North Korea should not deteriorate North-South relations by distorting the Southern administration’s position, but cooperate with the South to solve the current issues at meetings.” He stated that, “The administration will keep a firm position to develop the inter-Korean relations in the future. We will constantly suggest dialogues to North Korea and examine how to proceed.” SHARElast_img read more

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Scotiabank makes changes in the executive suite

CI GAM names its first-ever head of investment management Related news IE Staff Bank of Nova Scotia Monday announced executive management changes, including the creation of a new position, executive vice president, enterprise effectiveness. The new role will have responsibility for enhancing organizational effectiveness as the Scotiabank aligns its global priorities and strategies with its approach to evolving regulatory, compliance and governance trends. Facebook LinkedIn Twitter TD getting new head of private wealth, financial planning PenderFund names new SVP for investments Luc Vanneste, currently executive vice president and CFO, will move to this new position, and Sean McGuckin, currently senior vice president and head, risk policy and capital markets, global risk management, will be taking on the role of executive vice president and CFO. Both appointments are effective January 2, 2012. Two other appointments take effect December 19. Marianne Hasold-Schilter, currently senior vice president and chief auditor, becomes executive vice president and chief administrative officer, international banking. Grant Mick, currently senior vice president, credit, capital markets, and treasury audit, takes on the role of senior vice president and chief auditor. “Scotiabank (TSX:BNS) remains firmly committed to our key business priorities: sustainable and profitable revenue growth, prudent balance sheet management, leadership, risk management and efficiency,” said Rick Waugh, president and CEO, Scotiabank, in a release. Share this article and your comments with peers on social media Keywords AppointmentsCompanies Bank of Nova Scotia read more

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Prime Minister Bruce Golding for Caricom Inter-Sessional Conference in the Bahamas – March 7-8

first_imgFacebookTwitterWhatsAppEmail Prime Minister Bruce Golding will lead a team of government officials to the 19th Inter-sessional meeting of The Conference of Heads of Government of the Caribbean Community (CARICOM) scheduled for 7-8 March 2008, in Nassau, Bahamas.The team will comprise Deputy Prime Minister and Minister of Foreign Affairs, Dr Kenneth Baugh, Minister of Industry, Investment and Commerce, Karl Samuda, Minister without Portfolio in the Ministry of Finance, Senator Dwight Nelson and other senior government officials from these Ministries.Prime Minister Golding will take the opportunity to present the government’s position on the implementation of the Economic Partnership Agreement (EPA), developments related to the conduct of external trade negotiations and future external trade negotiations.Under the EPA, Caribbean Forum countries (CARIFORUM) and the European Union, are expected to co-operate in promoting innovation, diversification, modernisation, development, product and process quality in business, creativity and design, particularly in micro, small and medium enterprises and exchanges between networks of design centres located in the Europe Community and the CARIFORUM states.The Prime Minister returns to the island on Sunday, March 9. During his absence the Minister of Finance and Planning, Hon. Audley Shaw will be in charge of the government. Advertisements RelatedPrime Minister Bruce Golding for Caricom Inter-Sessional Conference in the Bahamas – March 7-8 Prime Minister Bruce Golding for Caricom Inter-Sessional Conference in the Bahamas – March 7-8 UncategorizedMarch 5, 2008center_img RelatedPrime Minister Bruce Golding for Caricom Inter-Sessional Conference in the Bahamas – March 7-8 RelatedPrime Minister Bruce Golding for Caricom Inter-Sessional Conference in the Bahamas – March 7-8last_img read more

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Greens introduce new laws to save our koalas

first_imgGreens introduce new laws to save our koalas The Australian Greens MPsThe Greens have today introduced new laws to stop land clearing of critical habitat and save our koalas.The legislative move would prevent the Federal Environment Minister from approving new mines or developments in koala habitat.Greens Environment Spokesperson Senator Sarah Hanson-Young said:“Koalas are a national treasure and yet the Environment Minister is not just failing to save them but she continuously signs their death warrant.“Unless habitat clearing is stopped, koalas will soon be extinct.“It’s clear our existing environmental laws will not save the koala.“Just last week the review into our environment laws declared them a failure and said to ignore fundamental reform would be to accept the continued decline of our iconic places and the extinction of our most threatened plants, animals and ecosystems.“Off the back of the worst bushfires in history which killed a third of NSW’s koala population and destroyed millions of hectares of habitat across the country, no approvals for developments or logging on koala land should be given.“But in 2020 the Environment Minister approved the clearing of 52ha of koala habitat at Port Stephens for a cement quarry, 100ha of koala habitat at Narrabri for gas wells, and 5500ha of koala habitat in Queensland for a coal mine.“The Environment Minister has one job and she’s failing. The Morrison Government cannot be trusted to protect koalas so the Parliament must.“Australia has a shameful record in extinction and without urgent action we will have killed off the koala too and that will be an international shame.“Australians don’t want the only koalas we have left to be in zoos.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Australia, Australian Greens, bushfires, environment, extinction, failure, Federal, Government, habitat, Minister, Morrison, Morrison Government, Narrabri, NSW, parliament, Queensland, warrantlast_img read more

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Huawei on track for 10 per cent revenue growth

first_img Steve Costello Steve works across all of Mobile World Live’s channels and played a lead role in the launch and ongoing success of our apps and devices services. He has been a journalist…More Read more Huawei said it is set to meet its target of 10 per cent revenue growth in 2013, after reporting solid growth in the first half of the year.The Chinese company said that in the first six months, it generated revenue of CNY113.8 billion ($18.53 billion), an increase of 10.8 per cent.It noted that “based on this robust growth and other positive business indicators”, it expects to generate a net profit margin of 7 per cent to 8 per cent in 2013.“Our success in H1 2013 was mainly driven by the steady growth of the Carrier Network business, the expansion of the Enterprise business, and the fast growth of the Consumer business, as well as the continuous enhancement of our overall operation efficiency,” Cathy Meng, CFO, said in a statement.Huawei’s strong performance comes at a time when many of its rivals are suffering at the hands of a tough infrastructure market.Ericsson recently reported a flat revenue performance, as it works on improving its profitability by focusing on higher-margin contracts.Chinese counterpart ZTE is in the process of returning to profitability after a tough 2012, although its sales continue to be impacted by weakness in some mobile activities.And Alcatel-Lucent recently announced a turn-around plan intended to end a prolonged period of losses by focusing on high-growth areas. Ericsson, Leonardo team on 5G products Previous ArticleAT&T reports strong wireless data growth backed by LTENext ArticleEE claims healthy 4G uptake Related AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 24 JUL 2013 Home Huawei on track for 10 per cent revenue growth Author FCC mulls expanded Huawei, ZTE bans Alcatel-LucentEricssonFinancialHuaweiZTE Tags Former Ericsson employees charged in bribery caselast_img read more

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Samsung ties up patent agreements with Ericsson, Google

first_img AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 27 JAN 2014 Home Samsung ties up patent agreements with Ericsson, Google Previous ArticleLG sees Q4 mobile loss; new flagship toutedNext ArticleAsia’s Bridge Alliance spins out new M2M group Samsung reached patent licensing agreements with both Ericsson and Google, with the former deal ending a series of legal disputes between the companies.The “multi-year” settlement with Ericsson covers global cross licensing of patents related to GSM, UMTS, and LTE standards for networks and handsets and ends all ongoing legal disputes related to patents between the companies.The agreement includes an initial payment and ongoing royalty payments from Samsung to the Swedish infrastructure vendor for the term of the license agreement. The initial payment will impact Ericsson’s Q4 2013 sales by SEK4.2 billion ($651.6 million) and boost net income by SEK3.3 billion.Both Ericsson and Samsung have previously filed complaints against each other with the US International Trade Commission, along with suits in the US District Court for the Eastern District of Texas.“We are pleased that we could reach a mutually fair and reasonable agreement with Samsung. We always viewed litigation as a last resort,” said Kasim Alfalahi, chief intellectual property officer at Ericsson.Ericsson said in a statement that the agreement shows its commitment to fair, reasonable and non-discriminatory (FRAND) principles for the benefit of the industry.In contrast to the Ericsson deal, the global patent license agreement Samsung signed with Google is part of a long-term cooperative partnership between the companies.The mutually beneficial global patent cross-license agreement covers “a broad range of technologies and business areas”. It covers existing patents and those filed over the next 10 years.“By working together on agreements like this, companies can reduce the potential for litigation and focus instead on innovation,” said Allen Lo, deputy general counsel for patents at Google.The two companies will gain access to each other’s patent portfolios with the aim of achieving deeper research and development collaboration on current and future technologies.In November last year, Samsung extended a patent licence agreement with Nokia that was due to expire at the end of 2013. Nokia started to receive additional compensation from Samsung for use of its patents from 1 January. Author Ericsson, Leonardo team on 5G products Tags Related KT makes LG Electronics trade-in move Former Ericsson employees charged in bribery case Tim Ferguson EricssonFinancialGooglePatentsSamsungTechnology Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter… More Read more last_img read more

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Ingenu CTO bullish amid management shake-up

first_img Sigfox chief brands data as digital nuclear weapon Tags Former Ingenu chief resurfaces at CoreKinect Previous ArticleZain Saudi Arabia on brink of $500M towers saleNext ArticleOfcom under fire over UK 5G spectrum cap Kavit Majithia GSMA hails rapid LPWA network uptake Related Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >> Read more Author Following the departure of CEO John Horn last week, Ingenu’s CTO Ted Myers confirmed the low-power wide-area (LPWA) player is undertaking management changes while “going into a whole different gear”.Myers’ comments, made in a post on social networking site LinkedIn, comes a week after a senior Ingenu source confirmed to Mobile World Live Horn had departed the company.During his tenure, Horn had talked up Ingenu’s potential to battle with cellular-based LPWA standards with its own RPMA technology.However, Ingenu has been notably quiet of late, with momentum in the LPWA space being grabbed by standardised technologies NB-IoT and LTE-M, as well as proprietary offerings from rivals Sigfox and LoRa.In the post, Myers remained bullish, stating the changes at Ingenu were “all very positive”, and more information would be available soon.He said the changes represented a transition from an “MVNO focussed management team to a management team consistent with ground breaking technology”.“RPMA is a fundamental technology, not a marketing tactic. Stay tuned all, we are going into a whole different gear from this point forward. Strap in,” he said.Along with the departure of Horn – an industry veteran who used to head up T-Mobile’s M2M business – Fierce Wireless reported Verizon executives Ivan Seidenberg and Richard Lynch also no longer appear to be on the Ingenu board. Both were announced on the board in 2014.Andrew Viterbi, former CTO of Qualcomm, is also no longer listed among Ingenu’s board on its website. Home Ingenu CTO bullish amid management shake-up AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 11 JUL 2017 IngenuLPWARPMAlast_img read more

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