Rauen Sales http://rauensales.com/ Sat, 26 Jun 2021 03:55:55 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 CSR: Why are collaborations essential to better rebuild https://rauensales.com/csr-why-are-collaborations-essential-to-better-rebuild/ Sat, 26 Jun 2021 03:16:13 +0000 https://rauensales.com/csr-why-are-collaborations-essential-to-better-rebuild/

In the recent past, the United Nations General Assembly adopted the Build Back Better strategy to reduce the risks posed by future disasters for vulnerable communities in post-disaster recovery. The concept has gained prominence in the wake of the new coronavirus crisis since 2020, once all of us across the world were partially or completely confined to our homes. World leaders have taken note of the growing vulnerabilities of their countries and economies from the pandemic. A pandemic of which we are aware is beyond a health crisis, but also social and economic.

Daily wage workers have been the hardest hit by closures and curfews. The loss of livelihood extended to many businesses whose business models could not be improvised in the new scenario. After showing some signs of recovery in March this year, the second wave made matters worse. Gen Z (employees under 25) feel most at risk in the workforce, according to a recent LinkedIn survey. Health spending and minimum job demands have reached an all-time high.

But, if there is sufficient cause for a grim present, there are also stories of people who have risen to the challenge, healing the world in its true sense. Health care, essential services, NGO workers are criticized for serving humanity in times of extreme crisis. Organizations go the extra mile to ensure mental health and a positive work environment, even if their staff work from home. Governments are considering free vaccination of the masses.

And so, as governments, businesses and civil society take action, what stands out is that the world is coming together and working for a common cause. This leads us to believe that partnerships are more than ever the key to success in the post-COVID world.

Collaborate for a better economy

The European Union is one example. Fewer jobs were lost in the EU than in the US during the COVID-19 crisis. This is despite the fact that the EU is home to around 100 million additional people and the United States accounted for the highest spending to help its workers during COVID crises. While the EU has rolled out major job retention programs, the US has focused on stimulus checks and unemployment compensation instead of job retention.

One of the main areas of intervention was to keep small and medium-sized businesses alive. Policy interventions, moratoriums on loans and a level playing field for them to compete with the economies of scale enjoyed by large companies could help them survive. It allowed workers to keep their jobs and therefore have a stable income, even if reduced.

Falling incomes are affecting demand, which further affects manufacturers and suppliers, with their upstream and downstream supply chains clamoring for jobs. It’s a vicious circle. According to an OECD report on the impact of COVID-19 on economic activity, an estimated reduction of 20-25% of GDP in many large economies. Therefore, such collaborations between the public and private sectors would be important to minimize the impact on global GDP.

Collaborate for a better society

After the COVID-19-induced lockdown, Germany introduced a new compensation claim for parents, with children up to 12 years old, who were unable to work due to the closure of daycare centers and schools. The amount compensated by the employer could also be claimed from the competent authority of the Federal State. Such measures allow companies to operate smoothly despite the disruption of remote working.

The private sector can play a role in avoiding layoffs, retaining talent, instituting strong inclusion as well as health and safety policies. Prolonged physical separation and the associated social isolation can pose a threat to the mental well-being of employees. Maintain employee engagement by increasing communication, offering improved insurance coverage, access to self-help facilities could keep them motivated.

Community development funds from businesses, which in some countries like India can be financed through compulsory CSR, could be diverted to help the most vulnerable – providing rations and essential items, improving skills marginalized to allow them to start something on their own or to choose another job, channeling funds by investing in start-ups supporting social and environmental causes. Thus, partnerships between the public, private and NGO sectors could catalyze rapid socio-economic recovery.

Collaborate for a better planet

COVID-19 made us realize how connected we are all and how we share this unique planet. Current global greenhouse gas emissions are estimated at around 51 billion tonnes. The human population is 7.7 billion today and will reach the 9 billion mark by 2050. Unless decisive collective action is taken to invest more in renewable energy sources, reduce fuel consumption fossils, regulate agriculture and industries that lead to depletion of forests and wildlife, the entire planet warming would only increase.

At the G7 summit in June this year, leaders agreed on a set of concrete actions to accelerate the global transition away from coal production as part of efforts to tackle the climate crisis. . More commitment must be shown in action, especially by richer countries, to achieve ambitious goals of limiting temperature rise and bringing developing countries up to speed.

Government intervention through grants and low-interest loans is needed to make markets competitive for alternative fuels, low-emission manufacturing processes, as well as restricting the use of plastic to Disposable. Technology could be a further boon in raising awareness and building capacity among the masses, and this can be achieved by bridging the digital divide.

Speaking about the impact of COVID on economies, Ángel Gurría, Secretary General of the Organization for Economic Co-operation and Development (OECD), said in one of his statements: “Our analysis further underscores the need for a sharper action to absorb shock. , and a more coordinated response from governments to maintain a lifeline for people, and a private sector that will emerge in a very fragile state once the health crisis has passed. “

SDG17 or “Partnership for the Goals” aims to strengthen the global partnership for sustainable development. As things start to return to normal and containment measures are lifted, attention must be refocused on the need for public policies and funding in sustainable development.

International cooperation with particular attention to developing countries, access to technology, innovation, science and education will be necessary with continuous dialogue and trade agreements between nations thus facilitating the passage of the response to recovery. Efforts should be radically increased to ensure that humanity is prepared for the challenges that lie ahead – natural or man-made. This would pave the way for an ecosystem of collective action towards sustainability – of profits, people and the planet.

(The given article is attributed to Shipra Sharma, Head-CSR, L&T Infotech (LTI) and only created for BW People Publication)

Disclaimer: The opinions expressed in the above article are those of the authors and do not necessarily represent or reflect the opinions of this publisher.


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ZipRecruiter’s inventory is expected to increase with more online job postings. Plus 4 other companies. https://rauensales.com/ziprecruiters-inventory-is-expected-to-increase-with-more-online-job-postings-plus-4-other-companies/ Sat, 26 Jun 2021 01:36:00 +0000 https://rauensales.com/ziprecruiters-inventory-is-expected-to-increase-with-more-online-job-postings-plus-4-other-companies/

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“Moratorium on evictions is killing small landlords,” says one https://rauensales.com/moratorium-on-evictions-is-killing-small-landlords-says-one/ Fri, 25 Jun 2021 16:35:14 +0000 https://rauensales.com/moratorium-on-evictions-is-killing-small-landlords-says-one/

The one-month extension of the Centers for Disease Control and Prevention’s eviction moratorium was good news for tenants, but another nail in the coffin for some struggling landlords.

Groups representing homeowners have pushed to end the moratorium and are now warning that an extra month will put some of those homeowners out of business.

“With each passing month the risk of losing an ever-increasing number of rental housing units further increases, ultimately jeopardizing the availability of safe, sustainable and affordable housing for all Americans,” wrote Bob Pinnegar, CEO of the National Apartment Association, in a press release. “Flawed eviction moratoria leave tenants with insurmountable debt and housing providers hold the sack as our country’s housing affordability crisis turns into a housing affordability disaster.”

The majority of landowners in the country are individual investors. They own about 23 million units in 17 million properties, according to the US census. More than 6 million tenant households are behind on rent, also according to the census. The owners have virtually no recourse.

Howard Simon owns a small apartment building in Massachusetts with three rental units. He hasn’t received rent from either of them since last October and has lost about $ 7,000 so far.

“I have mortgages, I have expenses for repairs to this particular building, I am losing a third of the rent just because of that,” Simon said. “And you know the other tenants who occupy the other two units, they are doing their best and doing their best.”

Simon contacted the delinquent tenants but said they would not respond and seek the help available to them. While about $ 34 billion in federal aid has been distributed to states for rent and utilities, handing that money over to landlords has been an onerous process because the tenant has to be involved.

“In my particular case, the tenant isn’t even cooperating to complete the application. I’m just a small landlord and I’m not a big business like a lot of other big rental organizations, so although the funding is very useful, if the tenant does not cooperate, everything collapses, ”said Simon.

Prior to the extension of the deportation ban, there would have been around 473,000 deportation requests in July and August, according to Zillow’s calculations from census estimates. This is a drop of about 100,000 from what was forecast last March. The improvement is due to federal assistance reaching some tenants as well as an overall improvement in the economy and employment. The numbers are expected to drop further with an additional month’s break.

Yet homeowners say they are angry with the way federal aid, $ 46 billion from two different relief programs, has been both allocated and distributed.

“If the rental aid bureaucracy is a monster, then the local governments that created them are Dr. Frankenstein,” said Dean Hunter, CEO of the Small Multifamily Owners Association and himself the owner. “They called on states and cities to create entirely new infrastructure to get the money, instead of using existing community organizations and safety nets.”

Hunter argues that small homeowners are treated like big businesses, but should have been included in the small business assistance program, the Paycheck Protection Program instead.

“This is the most excessive and extensive private takeover of my life,” said Hunter. “The moratorium on evictions is killing small landlords, not the pandemic.

After extending the moratorium, the Biden administration outlined steps it would take to further help tenants and landlords. He said the US Treasury would clarify “how beneficiaries can achieve economies of scale by obtaining bulk information from utility providers and owners of multiple units to help speed up the determination of household eligibility and consolidate, in a single payment, the amounts approved for the benefit of several eligible tenants.

That, and other state and local government efforts, should help some, but if homeowners don’t get the relief they need, there will be ramifications for the wider housing market.

“What’s going to be a tsunami is a loss of affordable, natural housing, because small landlords are going to sell their properties,” Hunter said.


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Brands will accelerate post-pandemic customer engagement, above all digital – https://rauensales.com/brands-will-accelerate-post-pandemic-customer-engagement-above-all-digital/ Fri, 25 Jun 2021 05:23:14 +0000 https://rauensales.com/brands-will-accelerate-post-pandemic-customer-engagement-above-all-digital/

Algonomy, announced new features and product updates to enhance their unified platform capabilities in their latest Spring ’21 release. The new version is specially designed for retailers and brands that are in a post-pandemic recovery cycle. Algonomy’s unified platform for digital customer engagement integrates supply-on-demand data across the value chain with algorithmic decision making.

Sarath Jarugula, Product Manager at Algonomy (Image credit / LinkedIn / Sarath Jarugula)
Sarath Jarugula, Product Manager at Algonomy

Sarath Jarugula, Product Manager at Algonomy commented: “The digital age is about building relevant experiences throughout the customer journey. Additionally, extend personalized interactions to all customer touchpoints, inbound and outbound. In this release, Algonomy customers can continue to better leverage their technology investments across the enterprise. To improve their customer engagement, conversion and retention metrics. “

Go down the road without a code

New capabilities include composite AI frameworks, code-free ML frameworks, visual AI algorithms, increased control and governance over customer data. The company says this provides better orchestration capabilities in marketing, commerce, and merchandising.

Algonomy reports that the code-free ML framework has been deployed throughout the solution. The Configurable Strategies feature is a step towards self-service machine learning. Enable non-technical users to quickly create, test, and iterate new personalization strategies. Users can choose from a predefined library of algorithms to create new strategies, test their hypotheses, and meet their unique needs. This year, additional controls have been added to apply category diversity to attributes. These include Best Sellers, New Releases, Best Selling Attributes, Best Deals, and Category and Brand Affinity. A buyer’s affinity with a category or brand can be used so that the resulting recommendations match their preferences. Additional user attributes to add, replace, delete values ​​are now available, providing great flexibility for marketers and merchandisers.

According to Rob Hitchman, Digital Product Owner at John Lewis, “Our merchandisers and marketers always have new ideas. Configurable Strategies is a very handy tool for testing these hypotheses – on the ecommerce site or for email promotions. The personalized campaign leveraging personalized categories and brand affinities generated 356% more revenue than the fallback campaign. Likewise, the branded pages on our e-commerce site saw a + 3% conversion rate for key categories “

Key capabilities and features

  • New OOTB connectors. Algonomy Connect can help brands leverage their business investments with Shopify Plus, VTEX, Adobe Magento, SAP Hybris, SFCC / Demandware and more. Brands can sync product catalogs, inventory and prices to always keep them up to date, thanks to our unique real-time streaming catalog integration.
  • DeepRecs Visual AI enhancements provide deep learning to replicate a store-like personal experience on digital commerce properties. This helps shoppers find visually similar products and get full recommendations based on product images. This is done without the need for behavioral data.
  • Configurable policies have additional controls to apply category diversity to policies.
  • Contact Center Personalization (EA only) provides online shopper behavior, intent signals, search data, affinities, cart content. In addition to past purchases from sellers and agents for personalized interaction and support.
  • Social Proofing (EA only) engages buyers using real-time view and purchase data. This provides urgent messages on digital commerce properties, resulting in an immediate increase in conversion rates and reduced abandonments.

Customer analysis

Customer Analytics now offers a brand new Data Studio. This gives data scientists and analysts secure access to the company’s complete customer data. To build models, perform exploratory analysis, and create dashboards in an easy-to-use interface. Customer journey orchestration improvements in online and offline journey automation, and an expanded set of journey analysis capabilities.

The universal control group allows the creation of a control group at the program level. Algonomy says this allows for more effective measurement of multiple campaigns and multiple journeys across longer-term marketing goals. The platform includes a new Criteo integration allowing marketers to deliver automated dynamic and personalized ads to customers across all channels.

Planning and analysis of goods

  • New size assortment planning for multiple size strategies – single and multiple size packs, each fill pack, and hybrid size planning. Granular store recommendations, better user control and automatic scaling, modeling for new stores and new classes of plans with no history.
  • Style Intelligence uses Visual AI to rank and recommend fashion products / trends and integrates with the attributes creating the assortment plan.
  • Product Lifecycle Pricing provides an improved user interface and offers a broader set of pricing and markdown strategies. New updates on cross-price elasticity and offer recommendations add depth to fashion merchandising analytics and algorithmic decision-making capabilities.

Enterprise Times: what does it mean for businesses?

Artificial intelligence, machine learning, and algorithms are creating new opportunities for hyper-personalization in digital commerce and marketing. Empower brands to fine-tune the delivery of personalized messages to consumers based on data-driven intelligent past behaviors.

Algonomy’s decision to fully embrace the no-code ML framework makes good sense. Any solutions that automate and learn from digital consumer behavior, refine messages and campaigns will be well received by marketers.

The company claims that its ML algorithms are also integrated with various capabilities such as contact center recommendations, social verification. On the CX side and style / size / offer recommendations in merchandise planning. DeepRecs used deep learning models.
In addition, Algonomy is committed to developing more algorithmic orchestration capabilities for customer engagement and real-time personalization.


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Public procurement reforms offer clue to Britain after Brexit https://rauensales.com/public-procurement-reforms-offer-clue-to-britain-after-brexit/ Thu, 24 Jun 2021 22:59:35 +0000 https://rauensales.com/public-procurement-reforms-offer-clue-to-britain-after-brexit/

” NOTO PURCHASE, NO lawyers, no meetings, no delays please, just send immediately, ”wrote Dominic Cummings, Boris Johnson’s chief assistant at the time, as he sent a grant of £ 530,000 ( $ 740,000) to researchers at the onset of the pandemic. Those who feared Brexit would spell protectionism, government bloat and conceited plans found much to hate in Mr Johnson’s approach to procurement. During his election campaign in 2019, he pledged a ‘Buy some British’ policy for state contracts once Britain was freed from European Union rules. On June 9, a judge declared a contract for the newsgroups tainted with “apparent bias” and declared it illegal. Jolyon Maugham, the campaign lawyer who carried the case, has more going on what he calls “institutionalized cronyism”.

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The government’s plans for a dramatic post-Brexit regulatory divergence are still unclear. But the proposed public procurement legislation puts more emphasis on the vision: a mix of administrative reforms that could have been implemented as part of the EU, and legal adjustments that could not. This is neither a wholesale tear up of the paperwork, nor a trivial tinkering. the EUThe fundamental principles of value for money, transparency and fair competition remain, but procedures will be simplified. The central government will become more powerful, with its purchasing power destined to meet Mr Johnson’s priorities. At the same time, controls over the executive will be weakened, as the reputation for waste poses growing political risk.

The modern procurement regime is the legacy of Margaret Thatcher, who introduced mandatory tenders to UK councils and hospitals. Arthur Cockfield, British European Commissioner at the time, integrated it across the continent. Purchases now represent 32% of British public spending, a little above the average for OECD, a club of rich countries.

Thatcher’s revolution was based on the idea that the market provides a degree of efficiency that governments cannot achieve on their own. But this requires competition, which is often lacking, some departments relying on a few giants HE and construction companies. The result is market concentration, less innovation and more risk. Carillion, the government’s second-largest supplier when it collapsed in January 2018, had around 420 contracts, including serving school lunches, building railroads and cleaning prisons.

Lord Agnew, the minister behind the latest reforms, says simplified procedures will make auctions less intimidating. This should attract smaller suppliers, increase competition and improve resilience. Companies will have to submit the common information needed for procurement once on a single platform. The authorities will be obliged to publish upcoming contracts and make data on their purchases much more accessible.

Mr Johnson’s plans to “buy British” are more modest than feared by his fellow Liberals. Britain is a party to the World Trade Organization Agreement on Government Procurement and additional competition measures as part of its agreement with the EU. This means not discriminating against foreign bidders for most contracts. But more of the government’s £ 290 billion procurement budget will go to British small businesses, as part of Mr Johnson’s ‘leveling out’ scheme, which has seen spending rules changed to guide the state funding to less productive areas. Civil servants will be able to reserve low-value contracts for local businesses. Such explicit exclusions would probably have violated European law.

Buyers will be urged to place much more emphasis on “social value” when comparing bids and consider government goals of reducing greenhouse gas emissions and upgrading skills. They will not have, the ministers underline, to choose the cheapest offer. The Competition and Markets Authority, the UK’s antitrust regulator, has made noises of approval: it says too much emphasis on the cheap can encourage big contractors to bid below cost, thus blocking the smaller and entrenched competitors. A new thread will monitor compliance and create a blacklist of failing contractors.

Britain had already started to move in this more interventionist direction. As Prime Minister between 2010 and 2016, David Cameron championed small traders and high social value. But writing new laws is much easier than changing the behavior of health authorities and local governments that control most spending, especially when budgets are tight, says Tom Sasse of the Institute for Government. “Over the past decade, the big government signals have been, ‘We want you to focus on social value, but in fact we’re going to cut your budget by a third.’ “

Shifting from objective measures such as cost to more subjective measures also increases the risk of cronyism. In addition, the bill relaxes the constraints imposed on ministers and public servants. A “crisis” clause will give them more freedom in an emergency than what is offered by EU law. (In his newsletter, Mr. Cummings, now out of government and furious with him, says he was right to send the “no-buy” email, and that the “due process” during the pandemic was to “kill people.”) The government believes frivolous court cases over the loss of incumbents are obstructing government markets and deterring small businesses. It proposes new accelerated procedures and a cap on the damages available to injured parties.

The government’s view is that the strict EU The regime reflects unjustified fears of corruption in Britain. Mr Maugham says the result of the damage cap will be less court challenges and more cronyism. A lawyer likens the British state to an old house, supported for decades by a scaffolding of European law. Only when this is removed will it become clear whether the antlers are still healthy or rotten.

For more information on Brexit issues, visit our Brexit hub

This article appeared in the Great Britain section of the print edition under the headline “How To Spend It”


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BlackBerry pleases its memes followers with first quarter earnings beat https://rauensales.com/blackberry-pleases-its-memes-followers-with-first-quarter-earnings-beat/ Thu, 24 Jun 2021 22:29:00 +0000 https://rauensales.com/blackberry-pleases-its-memes-followers-with-first-quarter-earnings-beat/

The shares of BlackBerry Ltd. rose about 1% in the extended session on Thursday after the company reported a weaker-than-expected adjusted quarterly loss and better-than-expected sales.

BlackBerry BB,
-3.50%
said it lost $ 62 million, or 11 cents per share, in its first fiscal quarter, compared to a loss of $ 636 million, or $ 1.14 per share, in the previous year’s quarter. Adjusted for one-time items, the company lost 5 cents per share.

Sales fell to $ 174 million from $ 206 million a year ago.

Analysts polled by FactSet had expected BlackBerry to report an adjusted loss of 6 cents per share on sales of $ 172 million.

The company highlighted its continued pivot from hardware producer to security software company, touting $ 107 million in revenue from its cybersecurity unit in the quarter.

“This quarter, we have aligned business around two key market opportunities: IoT and cybersecurity,” BlackBerry CEO John Chen said in a statement.

Although it told the Securities and Exchange Commission that it would stop doing so in 2021, BlackBerry continued its practice of reporting non-GAAP income or income that did not comply with generally accepted accounting principles.

On a non-GAAP basis, BlackBerry’s operating loss was $ 23 million, or 5 cents per share. Using GAAP, the losses more than doubled to $ 58 million and 11 cents per share, respectively.

Regardless of accounting practice, the online results seemed to appeal to supporters of the meme action. The after-hours move reversed a 3.5% loss in the regular trading Thursday, and sentiment volume from the exchanges and social media skyrocketed after the company’s disclosure.


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Ghana Beverage Industry Report 2021: State of the Industry, Influencing Factors, Competition, Industry Associations https://rauensales.com/ghana-beverage-industry-report-2021-state-of-the-industry-influencing-factors-competition-industry-associations/ Thu, 24 Jun 2021 11:03:00 +0000 https://rauensales.com/ghana-beverage-industry-report-2021-state-of-the-industry-influencing-factors-competition-industry-associations/

DUBLIN, June 24, 2021– (COMMERCIAL THREAD)–The “The beverage industry in Ghana 2021” the report was added to ResearchAndMarkets.com offer.

This report focuses on the manufacture of alcoholic and non-alcoholic beverages, as well as the wholesale and retail beverage market in Ghana.

It includes comprehensive information on the country and the economic environment, the size and state of the sector, key players, government initiatives and various influencing factors.

There are profiles of 17 companies including The Coca-Cola Bottling Company of Ghana, the largest player in the domestic soft drink market, Twellium Industrial Company Ghana, which produces soft drinks, energy drinks and energy. mineral water, producers of alcoholic beverages Guinness Ghana Breweries and Brasserie d’Accra and producer of cordial Kasapreko Company.

The beverage industry in Ghana:

Ghana’s beverage industry has been earmarked for expansion as part of the government’s One District, One Factory industrial transformation program. Traditional drinks remain an integral part of Ghanaian culture, but the shift to branded products is gaining momentum. Despite supply chain disruptions and a drop in out-of-home consumption during the pandemic, the industry remained relatively resilient in 2020;

Competitive market:

Ghana’s commercial beverage industry has become increasingly competitive in recent years and several small producers have entered the market, with growth driven by urbanization, increased brand awareness and a growing middle class. Bitters is the most competitive beverage category. With the expansion of some lines of non-alcoholic beverages, competition in this sub-sector has intensified.

Water producers face stiff internal competition and cheaper imported products. Small specialty retailers must compete with large supermarket chains that have economies of scale and established distribution networks.

Constraints:

Local manufacturers and importer-distributors are highly exposed to currency fluctuations. Although some manufacturers have increased their use of local raw materials, many inputs, including machinery and equipment, need to be imported. Production costs are high, electricity and water supplies are unreliable, there is a shortage of sufficiently skilled workers, and distribution channels and infrastructure are inadequate, especially in small towns and rural areas. .

Main topics covered:

1. INTRODUCTION

2. COUNTRY PROFILE

2.1. Geographical position

3. INDUSTRY DESCRIPTION

3.1. Industry value chain

4. INDUSTRY SIZE

5. STATE OF THE INDUSTRY

5.1. Local

5.1.1. Corporate actions

5.1.2. Government regulations and policies

5.2. Continental

5.3. International

6. INFLUENCE FACTORS

6.1. Coronavirus

6.2. Economic environment

6.3. Rising input costs

6.4. Technology, Research and Development (R&D) and Innovation

6.5. Illegal and informal trade

6.6. Environmental concerns

6.7. Labor

6.8. Sociocultural environment

6.9. Cyclicality

6.10. Health and safety issues

6.11. Branding, advertising and marketing

7. COMPETITION

7.1. Barriers to entry

8. SWOT ANALYSIS

9. OUTLOOK

10. INDUSTRY ASSOCIATIONS

11. REFERENCES

11.1. Publications

11.2. Websites

APPENDIX

  • Summary of notable players

  • Company Profiles

  • Brewery Accra Plc

  • Africa Cola Company Ltd

  • Blow Chem Industries Ltd

  • Coca-Cola Bottling Company Of Ghana Ltd

  • Distell Ghana Ltd

  • Gihoc Distilleries Company Ltd

  • Gracekennedy Ghana Ltd

  • Guinness Breweries Ghana Plc

  • Kasapreko Company Ltée

  • Multi-Pac Ltée

  • Nestlé Cwa Ltd

  • Nkulenu Industries Ltd

  • Royal Unibrew A / S

  • Special Ice Company Ltd

  • Société Industrielle Twellium Ltée

  • Voltic (Gh) Ltd

  • West Coast Beverage Company Ltd.

For more information on this report, visit https://www.researchandmarkets.com/r/kc3il5

View the source version on businesswire.com: https://www.businesswire.com/news/home/20210624005493/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Director
press@researchandmarkets.com
For EST office hours, call 1-917-300-0470
For USA / CAN call toll free 1-800-526-8630
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LNG recovery and production revisions fuel big gains for natural gas futures prices https://rauensales.com/lng-recovery-and-production-revisions-fuel-big-gains-for-natural-gas-futures-prices/ Wed, 23 Jun 2021 21:44:59 +0000 https://rauensales.com/lng-recovery-and-production-revisions-fuel-big-gains-for-natural-gas-futures-prices/

In one look :

  • LNG feed gas returns above 11 billion cubic feet
  • Production further reduced
  • Heat fuels cash gains in the Pacfic NW, Canada

Natural gas futures rebounded mid-week as export demand rose sharply after maintenance and production fell for the second day in a row. The July Nymex gas futures contract jumped 7.5 cents day / day to $ 3.333. The August contract gained 7.5 cents to $ 3.352.

Spot gas increases also became widespread ahead of the warmer weather on the east coast. However, big losses in California left NGI’s Spot Gas National Avg. unchanged at $ 3,095.

On Wednesday, slight changes continued to be made to the long-range weather forecast. However, the trend was still expected to result in relatively weak demand east of the plains over the next few days, according to NatGasWeather.

Still, the overall US trend is expected to get hotter for the five to 15 day forecast and is likely considered to have an “uptrend” from Saturday June 26 to July 5. National cooling degree days are expected to be greater than Normal.

“Sure, the pattern could be more intimidating, but there is still enough coverage from highs reaching the upper 80s to 100s to result in smaller than normal weekly builds in the last week of June and the first week of July.” , NatGasWeather said. “And the upper trend favors well above normal temperatures through the second week of July to maintain strong domestic demand for the 15 to 20 day period.”

With weather demand lagging a few more days, Wednesday’s upturn in feed gas consumption serving liquefied natural gas (LNG) facilities in the United States fueled price momentum early in the session.

July’s Nymex contract opened at $ 3.257, almost flat until Tuesday’s close, then surged to an intraday high of $ 3.383. The steep surge came as feed gas deliveries to Lower 48 LNG export terminals rose above 11 billion cubic feet, with Sabine Pass maintenance appearing to be over. Robust global demand also indicated little to no slowdown – and potentially moderate growth ahead – for domestic exports in the second half of the year.

EBW Analytics Group pointed out that European gas storage is currently at its lowest seasonal level on record. The prices of securities transfer facilities are at their highest seasonal level in 13 years.

Prices later this year will depend heavily on Gazprom’s ability to complete construction by this fall of the Nord Stream 2 pipeline, according to EBW. The results of the German elections in September could also influence prices.

“If the German Green Party, which opposes the pipeline, plays a major role in forming a new government, the permits required to start the pipeline could be delayed or denied, potentially creating extremely tense gas market conditions this winter, ”said EBW.

Meanwhile, the team of analysts at Tudor, Pickering, Holt & Co. (TPH) were closely monitoring power generation. As summer approaches, analysts expect the destruction of demand to play a large role in balancing the market as prices recover.

“We focused on whether our modeled gas-to-coal switching relationship would hold up and result in less power consumption from gas,” TPH said.

TPH previously forecast about 1.3 Bcf / d less energy consumption through September on the modeled sensitivity of a 25-cent price increase, resulting in 1 Bcf / d less demand. In early summer, however, there was less elasticity than the modeling suggests.

“During 2Q2021, electricity production was on average 62.3% (around 28.2 Gcf / d) of thermal electricity production compared to our modeling of 61.8% (around 27.5 Gcf / d, “TPH analysts said. Thermal production averaged 61.0% (about 35.1 Bcf / d), more in line with what we expected given the rise prices.

If last week’s result was an outlier and earlier trends continued, analysts at TPH said there could be more benefit in their modeled electricity demand as the third quarter approaches. This would provide “strong support” for pricing.

“Storage is currently 6% short of the five-year average, with our latest modeling suggesting peak storage at 3.4 Tcf versus the five-year average of 3.7 Tcf,” TPH said. . “Beyond the injection season, our modeled under-supply persists until 2022 and increases to push prices down to the level of $ 3.25 / MMBtu, from the current curve at $ 2.93 / MMBtu. “

Regarding Thursday’s government inventory report, Reuters polled 17 analysts, whose estimates ranged from a construction of 56 Bcf to 79 Bcf, with a median injection of 68 Bcf. NGI also modeled a construction of 68 Bcf. A Bloomberg survey of 10 analysts produced a narrower range of estimates, with a median injection of 64 billion cubic feet.

The Energy Information Administration (EIA) is expected to release its weekly storage report at 10:30 a.m. ET on Thursday. Last year, EIA recorded an injection of 115 Bcf, and the five-year average injection is 83 Bcf.

“It’s a tough build to predict due to the record heat from the west to the plains, but quite comfortable across the Great Lakes and the northeast,” NatGasWeather said. “We are currently expecting low Bcf in the mid-1960s.”

The company added that the latest model of the Global Forecast System at noon maintains the hot model expected from Saturday to July 5. With the baseline summer heat about to arrive and with the weather pattern looking “warm enough” for the first half of July, buying has intensified. .

“What could also influence recent trading is the upcoming expiration of July 2021 options and futures on Friday and Monday,” NatGasWeather said. “With $ 3.30 having been quickly clawed back in July / August, the bulls have regained control and are looking to hit year highs that are only pennies higher.”

Dangerous heat

Spot gas prices continued to gain ground on Wednesday as warmer weather returned to the Gulf Coast after a series of thunderstorms. The most significant heat, however, was seen towards the Pacific Northwest, fueling gains across the region.

AccuWeather said “record heat” had already started to develop in some areas, with conditions expected to get even warmer in the coming days. “We’re going to be looking for all-time records in some places,” said AccuWeather chief meteorologist Bernie Rayno.

The forecaster said some of the places that could see temperatures rise above normal include those along the Interstate-5 corridor between Seattle and Portland, OR.

According to AccuWeather, it’s not just the Pacific Northwest where all-time records can be set. Canada may set a new high temperature mark with a heat wave this weekend until early next week. The current record of 113 degrees was set on July 5, 1937 in Midale and Yellow Grass, Saskatchewan.

“Kamloops, Kelowna, and Lillooet, BC all have a chance of reaching or slightly exceeding the high temperature mark in Canada,” said Brett Anderson, senior meteorologist at AccuWeather.

As for pricing, overnight KRGT Rec Pool’s gas climbed 22.0 cents to an average of $ 3.445, and Malin climbed 25.0 cents to $ 3.525.

In Western Canada, spot gas from Westcoast Station 2 returned only 6.0 cents for an average of $ 3,140.

Along the Gulf Coast, Henry Hub climbed 11.0 cents to $ 3.330, and in the southeast, Transco Zone 5 gained 4.5 cents to $ 3.375. Prices further east also gained momentum before the heat returned to this region. Algonquin Citygate spot gas added 8.0 cents to $ 2,620.


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Fanciers push for change to Brexit rules on cross-Channel races | Brexit https://rauensales.com/fanciers-push-for-change-to-brexit-rules-on-cross-channel-races-brexit/ Wed, 23 Jun 2021 18:13:00 +0000 https://rauensales.com/fanciers-push-for-change-to-brexit-rules-on-cross-channel-races-brexit/

Five years after the Brexit vote, there is a group whose right to smooth travel to EU countries from the UK has been ignored, according to a shadow minister: the pigeons.

New post-Brexit conditions stopping cross-Channel pigeon racing unless the birds have the necessary papers must be reversed, the government has been told.

John Healey, Labor MP for Wentworth and Dearne in South Yorkshire, is fighting on behalf of pigeon fanciers. He wrote twice to George Eustice, the Secretary of the Environment, after concerns were expressed that traditional races could no longer take place under the new rules.

In the races, which Healey says have been going on for 100 years, carrier pigeons are released in France and must make the trip across the Channel – ranging from 21 to 120 miles depending on their point of departure – and return to their owners.

Mick McGrevy, 73, breeds around 100 pigeons near his home in Goldthorpe, South Yorkshire. McGrevy has owned pigeons since the age of 12 and is the former president of the National Flying Club, which organizes races from France and Spain.

“It’s more than a hobby, it’s a way of life,” McGrevy said of the male-dominated sport. “It’s something you do all day, day in and day out. This can cause quite a bit of friction between lovers and wives, unless the wives choose to get involved of course.

Healey said the issue should have been resolved in Brexit negotiations and now needs a deal with the EU. He said he received no response from the government. “Owners appreciate the need for strict regulations for movement within the EU, but these birds present a low risk and are not imported, but only transported and then released,” he said.

The rules, which would require pigeons to be in the EU for 21 days before racing, along with a health certificate signed by a veterinarian, are expected to come into force in October following an extension agreed by the EU of the transition period for the new animal health regulations.

The Royal Pigeon Racing Association has lobbied to change the regulations, arguing that they make it impossible for carrier pigeons to travel to France and other EU member states. Member states can apply their own national rules and France continues to require an animal health certificate, although it can allow pigeons to enter Cherbourg, St Malo or Caen-Ouistreham without the need for quarantine.

Healey writes that the pigeon racing community would like an amendment to the rules allowing a temporary ‘import’ of pigeons which are then released back to the UK. He described it as a “non-commercial process that has been going on for 100 years without any negative impact on health.”

Animal rights organizations such as PETA have argued that cross-Channel pigeon racing is cruel and results in the loss or death of hundreds of birds.

A government spokesperson said: “The European Commission recently agreed to allow shipments of carrier pigeons from Great Britain to continue entering the EU and Northern Ireland as they did before. the application of the new EU rules on animal health. After October 20, however, shipments must meet EU import requirements and be accompanied by the appropriate export health certificate.


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IDEX Stock: 3 Pros, 3 Cons of Ideanomics’ Electric Tractor Argument https://rauensales.com/idex-stock-3-pros-3-cons-of-ideanomics-electric-tractor-argument/ Wed, 23 Jun 2021 09:06:50 +0000 https://rauensales.com/idex-stock-3-pros-3-cons-of-ideanomics-electric-tractor-argument/

Although one of the most popular trading opportunities over the past year thanks to rampant market speculation and social media chatter, Ideal (NASDAQ:IDEX) has a sentiment-based Achilles heel: the five-year chart of IDEX stock.

Source: Shutterstock

Jumping from one extreme to the other, Ideanomics is not what a financial advisor would call a heartwarming investment. It’s basically the equivalent of betting on racehorses without having any understanding of horse racing or even the lexicon. If you don’t mind living dangerously, I guess IDEX stocks can offer potential for profit on either side of the trade.

However, analysts have noted a key business segment under the complex and ever-changing corporate umbrella of Ideanomics. The direction is bullish on Soletrac, a manufacturer of electric tractors. In October 2020, Ideanomics was the lead investor in a capital increase of $ 1.3 million.

The implication for the IDEX action is obvious. As society and politics demand cleaner energy solutions, electric vehicles and machinery appear poised to replace their combustion counterparts. It could put Soletrac in the driver’s seat.

Before diving in, however, it’s best to consider the pros and cons of the viability of Ideanomics’ e-tractors.

Is clean energy finally the right business for IDEX Stock?

As our own Chris MacDonald explained last month, Ideanomics has been involved in several disparate ventures, ranging from cryptocurrencies and artificial intelligence to electric tractors and other electric vehicles. You might call it adventurous, but investors have historically been frightened by the lack of direction.

But with Soletrac, relevance and the ability to start making an impact bodes well for the IDEX stock. Below are three catalysts to note.

  • Zero emissions: On the internet you will find debates on just about any topic and climate change is no exception. What I can say is that the major scientific institutions have sounded the alarm bells for years. With Soletrac e-tractors, products are part of the solution with their zero emissions. And this is also a big positive point for the human operator.
  • More reliability: In a question-and-answer session with CleanTechnica, Soletrac Founder and CEO Stephen Heckeroth said his company’s electric tractors have “a moving part and will last 100 years. A diesel engine has over 300 moving parts that require constant maintenance. Electric charging costs are 1/2 to 1/8 the cost of diesel fuel. Over time, it pays to buy Soletrac products compared to combustion engine tractors.
  • Solar compatible: Although this may seem obvious, it should be clarified that these e-tractors are compatible with energy derived from solar panels. In the future, therefore, it is conceivable that we may have a completely clean energy infrastructure that could revolutionize the otherwise stagnant agricultural industry. Also, it could inspire future generations to consider technology-based farming solutions, boosting a sector that could use love.

But don’t go wild on Ideanomics just yet

While the high-level concept behind IDEX stock is undoubtedly exciting, reality can bite you like a mad dog. Here are some important headwinds to consider in your research.

  • Energy density: While the future of mobility is likely electric, the big question is when. Certainly, engineers have made huge strides in EV technologies. However, the laws of physics will not be denied. Simply, current clean solutions cannot overcome the energy density of fossil fuels. And when these tractors take three to six hours to recharge, according to the CEO of Soletrac, operational capacity becomes an issue.
  • Higher initial costs: Just like in the consumer electric vehicle market, electric tractors cost significantly more than their combustion counterparts. According to a report from the industry journal Agri-Vue, electric motors and batteries cost about twice as much as diesel engines. A quick glance at the prices confirms this. Please note that Heckeroth said Soletrac’s electric tractors cost $ 40,000.
  • Drought: As you’ve probably heard, the Southwestern region of the United States faces a serious water crisis. Various media report that reservoirs serving the water needs of several states have eroded to alarming levels. If the water crisis has no direct impact on the stock of IDEX, it harms agricultural activity. Obviously, there is no point in cultivating if you don’t have enough water. In this stressed environment, I would say the chances of farmers buying electric tractors are slim to none.

Realities exceed aspirations

When it comes to investment analysis on popular stocks, you are severely criticized if you have the “bad” opinion. But what social media doesn’t respect at all is taking a neutral stance. I guess by pulling a Swiss you’re denying the perma-bulls emotional release: either euphoric binge eating or cathartic outbursts of sheer rage.

Well, rage away. I am skeptical of the IDEX stock because if the Soletrac angle is promising, that is exactly what it is, promising. The catalysts that support Soletrac are ambitious: electric vehicles being the future, the integration of clean energy, cost savings over time and economies of scale.

On the other hand, negatives are realities in the here and now. Anger will not make diesel less energy dense. Anger won’t make electric tractors any cheaper, either. Certainly, anger is not going to raise our water levels. Combined with the poor quality history of IDEX stocks, I think most investors will eventually walk away.

As of the date of publication, Josh Enomoto did not hold (directly or indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com Publication guidelines.

Former senior business analyst for Sony Electronics, Josh Enomoto has helped negotiate major contracts with Fortune Global 500 companies. Over the past few years, he has provided unique and essential information for the investment markets, as well as for various other sectors, including law, construction management and health.


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