Mamata criticises Khattar comment on Kashmir

first_imgKolkata: West Bengal Chief Minister Mamata Banerjee Saturday criticised her Haryana counterpart Manohar Lal Khattar’s remark on Kashmiri girls and said people holding high office should restrain from making insensitive comments about people of Jammu and Kashmir. Without naming Khattar, Banerjee in a tweet said, “We, and more so people holding high public office, must restrain ourselves from making insensitive comments about the beloved people of Jammu and Kashmir. These are hurtful, not only for J&K, but the entire nation.” Her comments comes in the backdrop of Khattar’s recent statement that people from Haryana “could now get brides from Kashmir” apparently in reference to the scrapping of the special status for Jammu and Kashmir under Article 370 of the Constitution.last_img read more

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Russia Egypt want political solution to Syria war

first_imgCAIRO – Russia and Egypt insisted Thursday a political solution is the only way to end Syria’s war, with Moscow’s top diplomat calling for peace talks to be staged as soon as possible.Russia wants an “international conference as soon as possible to open a political dialogue” that can resolve the Syrian crisis, Foreign Minister Sergei Lavrov said during a visit to Cairo.Lavrov said a political solution to the war would also help to bring stability to the region. Nabil Fahmy, the foreign minister in Egypt’s interim administration, said for his part that Cairo was against any military intervention in Syria.“We call upon all to work on a political solution” to end the war, he saidThe 32-month conflict in Syria has killed more than 120,000 people, uprooted millions from their homes and trapped tens of thousands of civilians in besieged enclaves.The war-hit country’s main opposition bloc, the National Coalition, said Monday it would attend a Geneva peace conference on the condition President Bashar al-Assad quits office and is excluded from any transition process.But the Syrian regime insists Assad’s departure from power is not up for discussion, while expressing willingness to attend the proposed peace talks.last_img read more

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Supreme Court sends dispute over Fosamax back to lower court

WASHINGTON — The Supreme Court is sending a dispute between drugmaker Merck and patients who used its bone-strengthening drug Fosamax back to a lower court.The high court ruled Monday that a lawsuit involving hundreds of people who sued alleging they were injured by Fosamax should go back to a lower court for further proceedings.The Fosamax users had argued that Merck had failed to provide adequate warnings on the drug’s label. A trial court initially threw claims against the New Jersey-based company but an appeals court revived them.Merck had argued that it couldn’t have added a warning risk of an unusual type of thigh-bone fracture earlier than 2010 because the FDA determined the available evidence didn’t support a change before then.The Associated Press

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IMF contradicts Trump China hasnt manipulated its currency

WASHINGTON — The International Monetary Fund sees little evidence that China’s central bank has deliberately reduced the value of the nation’s currency — a position at odds with the Trump administration’s decision this week to accuse Beijing of manipulating the yuan.The IMF said Friday in its yearly review of China’s economy that the yuan has been “broadly stable” against other currencies, suggesting there’s been little intervention by the People’s Bank of China. A weaker yuan would give Chinese exporters a competitive price advantage over foreign rivals.The Treasury Department on Monday named China a currency manipulator for the first time since 1994. The move, reversing its decision in May to keep China off the blacklist, came after Beijing’s central bank let the yuan drop to its lowest point in 11 years.“Clearly, they are manipulating their currency,” White House trade adviser Peter Navarro told CNBC Friday.China’s central bank sets the exchange rate each morning and allows the yuan to fluctuate by 2% against the dollar during the day. The central bank can buy or sell currency — or order commercial banks to do so — to keep the yuan’s price from swinging too widely.In letting the yuan slide, the central bank was responding to economic reality. China’s economy is slowing — partly because President Donald Trump has slapped tariffs on $250 billion worth of Chinese imports — and market pressures are pulling the currency down.The world’s two largest economies are locked in a tariff war over U.S. allegations that China is stealing trade secrets and forcing foreign companies to hand over sensitive technology. Twelve rounds of talks have failed to end the impasse, and a Chinese delegation is expected in Washington next month to continue the negotiations.But Trump rattled financial markets Friday by saying it would be “fine” with him if talks got called off. The Dow Jones Industrial Average fell 90.75, or 0.3%, to 26,287.44, and the Nasdaq dropped 80.02, or 1%, to 7,959.14.Paul Wiseman And Martin Crutsinger, The Associated Press read more

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EHF F4 BLOG Antonio Carlos Ortega I loved the handball spectacle in

champions leaguef4ortega ← Previous Story THW KIEL CONQUERS EUROPE!!! Next Story → Kim Andersson goes to AG Copenhagen after “triple crown” !!!!!!Kiel champion!!!!!Incredible was the spectacle in Cologne…..I Love handball!!!!!A lot of problems had atlético de Madrid before the match. Guardiola  and Jurkievicz was injeres,  Alberto Entrerios had small fever….. And during the match they lost Parrondo who received red card after having been given three times two-minute suspensions.The teams fought a big battle, but the difference was made by the THW Kiel goalkeeper. Omeyer had a 46/ efficacy and that was the big problem for Atlético.Kiel always played with the same rhythm, running  and playing at level when necessary .In the match, it was obvious the teams’ preference of strong defence over attacks.In the match for the 3rd and 4th place, the Danish Champion AG Kobenhavn won without much problems to a fighting Berlin side, the great surprise in this Champions League season. read more

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HTC One X officially announced with 17GHz quadcore chip

first_imgWhen a leaked O2 advertisement showed off the HTC One X+ appeared, it seemed likely that the upgraded model would be appearing soon. Now, just four days later, HTC has officially taken the wraps off. While there aren’t any real surprises, the upgrade adds a bit more shine to HTC’s flagship Android smartphone.The One X+ kicks things off by upping its Tegra 3 processor to 1.7GHz from 1.5GHz, and internal storage has been expanded from 32GB to 64GB. The battery, too, has received a modest upgrade and now packs 2100mAh of power — it’s not a Razr Maxx-style boost, but it’s enough to provide some additional talking and surfing time.HTC has also been busy on the software side of things. The One X+ will ship with Android 4.1 Jelly Bean and HTC Sense 4+. The phone’s camera software has been overhauled, and now features a self portrait mode that offers quick and easy retouching before you upload that new profile pic. There’s also a new sightseeing mode that allows you to bypass the lockscreen and fire up the camera app in an instant by tapping the power button. One other interesting feature is HTC’s new Get Started service, which allows users to complete the initial One X+ setup process from the comfort of a desktop web browser.So far, only approximate launch dates have been revealed — and the U.S. isn’t even on the list yet. The One X+ will go on sale in Europe and northern parts of Asia this month, and then head to the continent’s southern reaches next month. As for the U.S., only the company’s western branch knows when that will happen.via EngadgetUpdate – 10:09am –  AT&T has confirmed that it will begin selling the One X+ “in the coming months”.last_img read more

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Woman found chained at side of road after disappearing while jogging three

first_img Sherri Papini Source: FacebookA CALIFORNIAN WOMAN who disappeared three weeks ago while jogging has been found tied up at the side of a roadside.34-year-old Sherri Papini had been chained to an object and badly beaten when found near an interstate three weeks after she disappeared while jogging, according to a newspaper citing a police-dispatch recording.The Sacramento Bee reported that it acquired an audio clip of the exchange between dispatchers and officers in the moments after Papini flagged down a passing motorist near Interstate 5 in the western state.“CHP is on scene and advised that she is chained to something,” a radio dispatcher told a responding officer. A missing sign for Sherri Papini appears along Sunrise Drive in Mountain Gate, California Source: Andrew SengCHP is advising that she is heavily battered.Authorities previously said Papini was injured badly enough to require medical treatment when she was found on Thursday morning, but have given no details of her condition. Calls to California Highway Patrol spokesmen were not immediately returned last night.Earlier yesterday, a family member and law enforcement officials said they expected Papini to spend her first few days of freedom quietly, with family.“We are very, very thankful and very ecstatic,” sister Sheila Koester (36) told The Associated Press by telephone.It’s the best Thanksgiving that anyone could ask for. The roadside along which Sherri Papini was found Source: Andreas FuhrmannSpeaking separately at a news conference, Koester declined questions about her sister’s disappearance and rescue and the ongoing Shasta County criminal investigation to find those responsible, saying she knew no details.“Right now she’s been through a very traumatic event, and needs time with her family,” Koester said.A motorist spotted Papini before dawn on Thursday morning near Interstate 5 about 150 miles south of the area where she had vanished, outside her home near Redding.Shasta County Sheriff Tom Bosenko told reporters that authorities are looking for two women, armed with a handgun and driving an SUV, who allegedly released Papini near the interstate that morning.The motorist who spotted Papini called authorities, who connected the mother-of-two to her husband by cellphone. Sheriff Tom Bosenko Source: Andreas Fuhrmann“She was very emotional to be released and hear her husband’s voice and then a few hours later to be reunited with him,” Bosenko told Good Morning America yesterday.Bosenko says Papini, the mother of two children, was treated and released at a local hospital for unspecified injuries after her reappearance.The sheriff told reporters hours after Papini’s rescue that he was withholding some information he considered sensitive for the sake of the investigation.“Obviously she was emotional and quite upset, but elated to be freed, and so we were able to get some information from her,” Bosenko told Good Morning America.‘Then, in the days following this, we will be following up with her.The Shasta County sheriff’s department did not respond to calls and emails from The Associated Press seeking further comment.Sandra Oswald, a 29-year-old community organiser in Redding, had helped run search groups to look for the missing woman. Oswald is a runner, like Papini, and said her sudden vanishing hit close to home.“It was just the biggest blessing, not only for the family but for the community that’s been trying to find her,” Oswald said of Papini’s return.Now, it’s just about praying for them and her recovery.Read: Fidel Castro has died at the age of 90Read: Almost a third of people think Enda shouldn’t meet Trump at the White House Short URL 23 Comments 55,803 Views Nov 26th 2016, 8:31 AM By Associated Presscenter_img Saturday 26 Nov 2016, 8:31 AM Woman found chained at side of road after disappearing while jogging three weeks ago 34-year-old Sherri Papini disappeared three weeks ago. Police are hunting for two armed women in connection with her disappearance. Share147 Tweet Email Tweet thisShare on FacebookEmail this articlelast_img read more

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British extremist gets 5year jail term over hate crimes on social media

first_img Feb 24th 2017, 2:54 PM A RIGHT-WING EXTREMIST from London who described Adolf Hitler as “his God” was jailed for five years for terrorism and hate crimes over his social media posts.Sean Creighton was sentenced at a court in London after using social media to call for Muslims and Jews to be killed.An investigation was launched after a photograph was posted online of Creighton, aged 45, holding an assault rifle and standing in front of a Nazi flag.The probe uncovered his wider hate campaign, including leaving offensive stickers in public and ownership of a “White Resistance Manual 2.4″ document with details of weapons and explosives.Creighton was described as a “committed racist” by prosecutor Jonathan Sandiford.“He was enthralled by Nazism and Adolf Hitler, whom he told police in his interviews was his God,” Sandiford told the court.In addition to homophobic and racist social media posts, evidence against Creighton included an image of Hitler posted online alongside the message “kill the Muslims”.“Jews prepare to die” he wrote in another social media post, published with an image of a gun and a Swastika.Creighton told police he was “a bit of a hater who hated for the people”, the court heard.Following the sentencing, Dean Haydon from the Counter Terrorism Command of London’s Metropolitan Police said the force would continue to tackle different forms of extremism.“We are as committed to apprehending and prosecuting far-right extremists who commit terrorist offences and promote hatred as we are those who support and promote ISIS (Islamic State group),” he said in a statement.- © AFP, 2017Read: In landmark case, Swedish man jailed for Facebook call to fund Islamic StateRead: Caitlyn Jenner’s message to Donald Trump over LGBTQ rights: ‘Call me’ Friday 24 Feb 2017, 2:54 PM By AFP 98 Comments British extremist gets 5-year jail term over hate crimes on social media Evidence against Creighton included an image of Hitler posted online alongside the message “kill the Muslims”. Tweet thisShare on FacebookEmail this article Image: Metropolitan Police Share22 Tweet Email Image: Metropolitan Police Short URL 15,465 Views last_img read more

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Geek deals Get 30 days of anime on Crunchyroll for free

first_imgIf you’re an anime fanatic, you simply must give Crunchyroll a try. With access to countless hours of high quality anime streams, live-action dramas, and plenty of manga, this service is an outstanding value at just $6.95 per month. Even better, you can get your first month free with today’s exclusive deal. First 30 days of Crunchyroll for free ($6.95 per month afterwards) With a wide selection of popular titles like Naruto Shippuden, Mobile Suit Gundam Unicorn RE:0096, RWBY, and Kill la Kill, you can spend your spare time getting lost in some of your very favorite anime. And since your membership covers Crunchyroll’s entire collection, you can feel free to explore shows that you’ve never seen before.Never dipped your toe into Japanese dramas? Take this opportunity to check out the likes of No Dropping Out: Back to School at 35, Wild Mom, and Always the Two of Us for free. Give ’em a try, and you might just find a new favorite.And if you’re also obsessed with manga, Crunchyroll has Android and iOS apps available that let you read your favorite manga on your smartphone or tablet. Enjoy series like ReLIFE, Princess Jellyfish, and A Town Where You Live.While the typical free trial period for Crunchyroll is only 14 days, today’s deal gives you a full 30 days of access. Sign up, give the service a thorough look-see, and then decide if it’s worth the monthly fee. If you don’t absolutely love it, simply cancel before the trial expires, and you won’t be charged.Terms and restrictions apply. See Crunchyroll’s site for more details.Our commerce group sources the best deals and products for the Geek Deals posts. We operate independently of Editorial and Advertising and may earn a percentage of the sale, if you buy something via a link on the post. If you are interested in promoting your deals, please contact us at more great Crunchyroll deals, check back on TechBargains.last_img read more

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Mighty Gunvolt Burst is the Best New Mega Man Game

first_imgStay on target ‘Star Wars Pinball’ Has Your Favorite Brand in Ball FormSNES Games Officially Come to Nintendo Switch If you have a Nintendo Switch, chances are you also have The Legend of Zelda: Breath of the Wild. The new Zelda is a massive, phenomenal game that you can and should play for dozens of hours. But eventually, you’re going to want to play something new on your Nintendo console/handheld hybrid. Switch Games That Aren’t Zelda is a new column highlighting cool, smaller Switch games to check out once you’ve saved Hyrule.Things have been pretty rough for Mega Man lately. The Blue Bomber, Capcom’s one-time mascot, used to be omnipresent. But now we’re lucky to see him make cameo appearances in fighting games while Capcom shifts its resources toward Monster Hunter and making Resident Evil great again. Even worse, Mighty No. 9, the theoretical spiritual successor from questionable Mega Man co-creator Keiji Inafune, blew millions of Kickstarter dollars on a straight-up bad Mega Man knock-off.If you want to relive Mega Man’s glory days, at least you can now easily replay them in the Mega Man Legacy Collections. But sometimes you want some original ideas mixed in with the nostalgia. Mighty Gunvolt Burst is a neat Nintendo Switch Game That Isn’t Zelda. It’s not Mega Man either, but these days it’s the best we can hope for.Mighty Gunvolt Burst is an expanded spin-off crossover between fellow Mega Man-esque shooter-platformer series Azure Striker Gunvolt and Mighty No. 9. All of these games were developed by Inti Creates, who recently brought us the great neo-retro Switch game Blaster Master Zero. It really seems like Mighty No. 9 was just an unfortunate anomaly, because Mighty Gunvolt Burst proves how casually excellent the studio is at making games like this.The game blends narrative elements from both series, and you can play as both heroes with their own tweaked movesets, but the framework is pure classic Mega Man. After an intro stage, players can jump into any of eight themed stages, skillfully hopping and shooting their way towards a colorful end boss. For high scores, the game wants you to kill enemies up close one after another to build a burst combo, but I never really bothered.It’s tough, but once you get a feel for the exact physics and enemy behaviors of an encounter the challenges are always fair. I must’ve played and replayed a section with rising water and fireball-spewing chimney robots over a dozen times, but I powered through. Once you vanquish the bosses, four more final levels are unlocked. It’s no Wily’s Castle, but again, we have to take what we can get here.The trademark mechanic of classic Mega Man games is equipping the guns of fallen bosses. Protective leaf shields, sharp spinning metal discs, hornet blasts, and countless other wacky weapons have been part of Mega Man’s arsenal over the years. Plus, beating the bosses in the right order to take advantage of their weaknesses to certain guns forms the Mega Man metagame. Mighty Gunvolt Burst expands on this system in a brilliant, utterly addictive way.In Mighty Gunvolt Burst you can make your own guns. Want to shoot three massive lightning blasts that explode on impact? Go for it! How about homing missiles? Sure! An aura of flame? It’s all possible. All of the core Mega Man gun concepts are there, including the elements stronger against certain bosses, but now they can be remixed into almost endless new forms.To keep yourself from being completely overpowered at the start, each attribute drains a certain amount of energy from your allowance you increase as you proceed. Some of the best (and costliest) powers, like better damage resistance and air dashing, also must be found in the world. One upgrade even vibrates the Switch when secrets are nearby.Like an RPG, these carrots on sticks just encouraged me to keep playing, to keep tweaking my loadouts on the fly to find better options. One ultra powerful bomb gun might be too slow as a base weapon, but as a charge shot for a fast wave blaster it’s perfect. It’s almost cheating. The system also makes you feel like you are really tinkering with a machine, a concept classic Mega Man just hints at. I love it. I even looked at the achievement conditions, which I never do.Mighty Gunvolt Burst is a cool little Mega Man homage, but the gun customization is a legitimately great mechanic that made me sink way more time into the game than I would’ve otherwise. Now that we’ve seen what Inti Creates can do with Blaster Master and (basically) Mega Man, I can’t wait to see their take on Castlevania with future fellow non-Zelda Nintendo Switch game Bloodstained: Ritual of the Night.Want to learn more? Here’s everything you need to know about the Nintendo Switch.Buy it now!The Legend of Zelda: Breath of the WindNintendo SwitchEssential Nintendo Switch AccessoriesView as: One Page Slides1/61. Blast enemies up close to build your burst combo.2. Vanquish colorful end bosses.3. Navigate treacherous platforming stages.4. Take advantage of an endless variety of weapons.5. Customize your weapon to build the perfect blaster.6. Two worlds collide in Mighty Gunvolt Burst.Let us know what you like about Geek by taking our survey.last_img read more

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Firoz Rashids daughterinlaw receives bullet injuries

first_imgThe daughter-in-law of Jatiya Party MP Kazi Firoz Rashid was hospitalised on Sunday night after she received bullet wounds in, what police said, possible suicide bid, reports UNB.Marina Shoyeb, 44, wife of Rashid’s son Kazi Shoyeb, was taken to Labaid Hospital.The incident took place at the house of Kazi Firoz Rashid in the city’s Dhanmondi area.Quoting family members, Abdul Latif, officer-in-charge of Dhanmondi police station, said Marina and Shoyeb got separated few months back but she along with her daughter was still living at her in-laws’ house.Receiving information that Marina was admitted to the hospital with bullet injuries, a team of police rushed to the hospital around 11pm, he said.Police suspected that Marina shot herself with the firearm owned by Kazi Shoyeb in a bid to commit suicide, the OC said, adding that they were yet to know the exact cause. “The reason behind the incident can be known once Marina regains her senses.”Quoting family members, he also said Marina had been suffering from frustration.last_img read more

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This App Wants to Help Get Rid of Your Parking Tickets

first_img Opinions expressed by Entrepreneur contributors are their own. September 29, 2014 Register Now » Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals 3 min read Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. The worst part of driving in any big city arguably isn’t the traffic — it’s the parking.  No matter how careful you are about where you park your ride, chances are good you’re going to pick up a parking ticket (or several) along the way.Now, a startup is looking to take a bit of the pain out of finding that tiny piece of paper under your windshield by fighting your tickets for you. Called Fixed, the app analyzes your tickets and develops an argument for why it might not be valid. The idea came to founder David Hegarty after he received a few tickets of his own.“After paying four parking tickets one morning, I came out to my car and found another two. I nearly screamed,” Hegarty explains. “The tickets were complete bullshit, and I knew they had been erroneously issued. So I figured out how to contest them, collected my evidence and submitted my appeal. I won both. After that, I started contesting all my tickets, and I discovered I had a pretty good hit rate.”Related: Move Over, Facebook. Here Comes a Social Network for Rich People.About 50 percent of tickets are dismissed when they’re challenged in court, according to Fixed. Those are pretty good odds that could wind up saving you a ton of cash. Fixed determines the likelihood of your ticket being dismissed based on the type of violation it is.When you get a ticket you simply take a photo of it and a few of the scene and upload them to the app. Fixed will ask a few questions about why you think the officer was in the wrong, and ask you to input a credit card number. The filing process can be done in just a few minutes while you’re still steaming on the curb. Based on your account of the situation, Fixed will prepare a contest letter to send the city and then have you digitally sign it on your phone before the company sends it along.If Fixed gets your ticket dismissed, you pay the company 25 percent of what the total fine for the ticket would have been. If Fixed loses, you just pay the cost of the ticket and Fixed gets nothing. In both scenarios Fixed charges your credit card, so you don’t have to deal with cutting a check.Related: These Custom Keyboards Make Typing on Apple’s iPhone and iPad Faster, EasierThe service is live in San Francisco, with plans to expand to other cities in the future. Hegarty says the company is processing close to 700 tickets each week in San Francisco alone. Marketing is done by finding unfortunate drivers who have received tickets and leaving notes on their windshield letting them know there’s a way out.For Fixed, parking tickets are also just a first step in a number of problems they can take care of for you. Ultimately, the company hopes to be an advocate for all kinds of disputes. Be it a traffic violation or an exorbitant cable bill, Fixed wants to be able to “fix” it for you.Related: How $10,000 Can Score You a Self-Driving Car (Sort Of)last_img read more

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2Methylthiophene Market Will Reflect Significant Growth Prospects By 2026

first_imgThe Global 2-Methylthiophene Market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.The 2-Methylthiophene Market has witnessed growth from USD XX million to USD XX million from 2014 to 2019. With the CAGR of X.X%, this market is estimated to reach USD XX million in 2026.Get Sample Copy Of This Report @ report mainly studies the size, recent trends and development status of the 2-Methylthiophene market, as well as investment opportunities, government policy, market dynamics (drivers, restraints, and opportunities), supply chain and competitive landscape. Technological innovation and advancement will further optimize the performance of the product, making it more widely used in downstream applications. Moreover, Porter’s Five Forces Analysis (potential entrants, suppliers, substitutes, buyers, industry competitors) provides crucial information for knowing the 2-Methylthiophene market.Major players in the global 2-Methylthiophene market include:Alfa ChemistryTCIJ & K ScientificHBCChem3B ScientificApollo ScientificKanto ChemicalAnvia ChemicalsPfaltz & BauerWaterstone TechnologyMeryer (Shanghai) Chemical TechnologyAcros OrganicsOn the basis of types, the 2-Methylthiophene market is primarily split into:Purity 98%Purity 99%On the basis of applications, the market covers:New MedicinePesticide IntermediateGeographically, the report includes the research on production, consumption, revenue, market share and growth rate, and forecast (2014-2026) of the following regions:United StatesEurope (Germany, UK, France, Italy, Spain, Russia, Poland)ChinaJapanIndiaSoutheast Asia (Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam)Central and South America (Brazil, Mexico, Colombia)Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)Chapter 1 provides an overview of 2-Methylthiophene market, containing global revenue, global production, sales, and CAGR. The forecast and analysis of 2-Methylthiophene market by type, application, and region are also presented in this chapter.Chapter 2 is about the market landscape and major players. It provides competitive situation and market concentration status along with the basic information of these players.Chapter 3 provides a full-scale analysis of major players in 2-Methylthiophene industry. The basic information, as well as the profiles, applications and specifications of products market performance along with Business Overview are offered.Chapter 4 gives a worldwide view of 2-Methylthiophene market. It includes production, market share revenue, price, and the growth rate by type.Chapter 5 focuses on the application of 2-Methylthiophene, by analyzing the consumption and its growth rate of each application.Get discount to purchase this report @ Us:Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.Contact Us:Mr. Abhishek PaliwalBig Market Research5933 NE Win Sivers Drive, #205, Portland,OR 97220 United StatesDirect: +1-971-202-1575Toll Free: +1-800-910-6452E-mail Big Market Researchlast_img read more

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Juul Labs gets 128 billion investment from Marlboro maker Altria Group

first_imgAfter a long year fighting underage use of its products, Juul Labs has today struck a deal with Altria Group, the owners of Philip Morris USA and makers of Marlboro cigarettes.The deal values Juul at $38 billion, according to Bloomberg, and injects the company with a fresh $12.8 billion in exchange for a 35 percent stake in Juul Labs.Here’s what Juul Labs CEO Kevin Burns had to say in a prepared statement:We understand the controversy and skepticism that comes with an affiliation and partnership with the largest tobacco company in the US. We were skeptical as well. But over the course of the last several months we were convinced by actions, not words, that in fact this partnership could help accelerate our success switching adult smokers. We understand the doubt. We doubted as well.He goes on to explain the strict criteria Juul Labs had for a potential investor, particularly one from the Big Tobacco space. For one, Altria entered into a standstill agreement that limits to 35 percent the company’s ownership in Juul. Altria also must use its database and its distribution network to get out to current smokers the message of Juul.For the past year, many have seen Juul as a dangerous toy for teenagers. In November, FDA Commissioner Scott Gottlieb announced new measures for the e-cig industry meant to keep the products out of the hands of teens. One of those measures includes restricting the sale of flavored non-combustible tobacco products beyond the usual cigarette flavors of tobacco and menthol.But after nearly a year of playing defense, this new deal marks a bit of an offensive push from Juul Labs. The company has always stressed that its main goal is to give smokers a meaningful alternative to combustible cigarettes. Partnering with Big Tobacco may not seem like the best way to do that, optically speaking. But Altria has agreed to a few measures that would get into the hands of actual smokers information about Juul, including:providing Juul with access to its retail shelf space, meaning that Juul’s tobacco and menthol products will be merchandized right alongside Altria combustible cigarettesAltria will include direct communications about Juul to adult smokers through cigarette pack inserts and mailings via Altria companies’ databasesAltria will support Juul via its logistics and distribution networks, as well as its sales team, which works with more than 230,000 retail locationsIn the release, Altria said that part of the reason for the investment is simply that the organization understands change is coming to the tobacco industry.Howard Willard, Altria’s chairman and chief executive officer, had this to say in a prepared statement:We are taking significant action to prepare for a future where adult smokers overwhelmingly choose non-combustible products over cigarettes by investing $12.8 billion in JUUL, a world leader in switching adult smokers. We have long said that providing adult smokers with superior, satisfying products with the potential to reduce harm is the best way to achieve tobacco harm reduction. Through JUUL, we are making the biggest investment in our history to achieve that goal. We strongly believe that working with JUUL to accelerate its mission will have long-term benefits for adult smokers and our shareholders.Altria has made a few big moves lately, including acquiring a 45 percent stake in cannabis company Cronos earlier this month. The company also announced this month that it would discontinue its own e-cig products, including all MarkTen and Green Smoke e-vapor products, and VERVE oral nicotine products.“This decision is based upon the current and expected financial performance of these products, coupled with regulatory restrictions that burden Altria’s ability to quickly improve these products,” read the press release. “The company will refocus its resources on more compelling reduced-risk tobacco product opportunities.”Now we know that those opportunities look like an extra-long thumb drive called Juul.last_img read more

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Poll San José mayor leads ruling party picks for 2014 presidential race

first_imgSan José Mayor Johnny Araya is the most popular among a field of potential candidates from the ruling National Liberation Party (PLN) for the 2014 presidential race, a recent poll found.The poll, conducted by consulting firm Borge y Asociados and published Monday in Diario Extra, shows Araya leading Liberation candidates with 37.4 percent support of those surveyed.Rodrigo Arias, brother of former President Oscar Arias and a longtime political adviser, came in second with 21.1 percent, followed by former President Jose María Figueres with 12.7 percent. Antonio Álvarez Desanti received 10.6 percent, and Fernando Berrocal placed last with 2.3 percent. Slightly more than 11 percent of the 1,200 Liberation members polled did not select a candidate.Poll results showed that Arias is more popular among members of the upper class, entrepreneurs, and PLN leaders, while Araya leads among young voters, public employees and members of the middle class. Facebook Comments No related posts.last_img read more

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Go back to the enewsletter Leeu Estates the flag

first_imgGo back to the e-newsletterLeeu Estates, the flagship property of the Leeu Collection, opened its doors last week just outside Franschhoek in South Africa’s Cape Winelands. The 17 luxuriously appointed rooms and suites of the exclusive five-star boutique hotel are dotted among the vineyards of the Estates and have panoramic views of the Franschhoek Valley.Located between the mountainside and river, this unique property sits on 68 hectares of vineyards, landscaped gardens and fynbos (indigenous vegetation), providing the ideal setting for an elegant and sophisticated private hideaway. Leeu Estates has remained true to the pillars of the Leeu Collection brand, namely inspiring art collections, unique architecture and sophisticated design; manicured and detailed landscaping that reflects respect for the environment; superlative service with attention to the smallest detail; and an award-winning wine portfolio.It all started as a personal journey for Leeu Collection’s founder Analjit Singh (aka BAS), an international investor of Indian origin. Captivated by the Western Cape’s exceptional beauty and vibrant energy during a trip to South Africa for the 2010 FIFA World Cup, he decided to buy a family home in the Franschhoek Valley. The idea of a family home, however, soon transformed into what it is today – three historic farms joined to create Leeu Estates, a world-class hospitality and winemaking destination.At the centre of this working wine farm is the refurbished 19th-century Manor House offering superb comfort, fine dining and platinum service. The contemporary classic, individually styled rooms and suites are filled with customised architectural detailing and tactile textures in a calm colour scheme. Each one features curated artwork and sculptures from various countries, luxurious extras and marble bathrooms. Many have their own terraces and fireplaces, and all enjoy vineyard and mountain views. For guests travelling as a family or with friends, an entire cottage comprising two or three bedrooms with private living areas may also be booked.Another of the hotel’s attractions is the Leeu Spa, a wellness sanctuary offering massages and holistic treatments inspired by centuries-old Asian traditions. Using wild-harvested organic ingredients from remote regions such as the Amazon rainforest and the Himalayas, the hand-blended product range utilised in the treatments harnesses natural healing energy. The spa includes a 15-metre heated infinity swimming pool and a spacious gym that offers framed views of the majestic mountains.Leeu Estates offers delicious, innovative cuisine prepared by the culinary team headed by resident executive chef Oliver Cattermole. At Leeu Estates, food and South African vintages from Leeu Collection’s cellar are served in The Dining Room or al fresco on The Garden Terrace, seating up to 40 people. The Reading Room, with its wide selection of reading material, comfortable seating, open wood-burning fireplace and views of the vineyards and gardens, is where guests can enjoy some time out. The Wine Studio offers guests handcrafted premium wines from the award-winning Mullineux & Leeu Family Wines.The Bokkie Garden, an expression of love and very close to BAS’s heart, is something unique: an area planted with grasses and hedges that the hotel’s resident herd of bokkies (Afrikaans for small buck) love to eat. ‘Reflective Resonance’ by acclaimed South African sculptor Angus Taylor, also in the Bokkie Garden, is a powerful piece of art in bronze and Belfast granite that is set to become a Franschhoek landmark.Rates will start from ZAR 7300 in the low season (15 June to 31 August) and from ZAR 9000 in the high season (1 September to30 April), for two people sharing a Classic Room. Rates include:Breakfast (07h00–11h00)Nespresso machine and mini-bar in roomUnlimited Internet accessAll national phone callsComplimentary tasting of Mullineux & Leeu Family Wines at Leeu Estates per guest per stayComplimentary transfer to sister property14 per cent VAT   Leeu Estates does not accept children under the age of six years.Go back to the e-newsletterlast_img read more

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