The euro falls as ECB chief Draghi delivers pessimistic verdict on Eurozone economy

first_img whatsapp Draghi said: “Incoming data continued to be weak, especially for the manufacturing sector”. He added: “Slower growth momentum is expected to extend into the coming year.”In good news for workers in the Eurozone, Draghi said: “Further employment gains and rising wages continue to underpin the resilience of the domestic economy.”The Bank repeated its March line and said it expects rates “to remain at their present levels at least through the end of 2019” and for as long as it takes for inflation to pick up to two per cent.Anna Stupnytska, global economist at Fidelity International, said: “The ECB is, yet again, in the ‘wait and see’ mode.”“Over the past month, data has been somewhat mixed, with weakness still concentrated in the externally exposed parts of the manufacturing sector, while services-related activity and more domestically exposed sectors have continued to show resilience,” she said. Harry Robertson The euro falls as ECB chief Draghi delivers pessimistic verdict on Eurozone economy The European Central Bank (ECB) kept up recent tradition today when it announced it would hold interest rates at record low levels and reaffirmed that it will not raise them before the end of 2019.Read more: US threatens tariffs on $11bn of EU goods The ECB did not announce any specifics about the Bank’s new cheap loans programme, known as TLTRO III, which aims to support banks’ lending as it pulls away from QE.Read more: Euro falls as Eurozone growth forecasts slashedDetails of the programme will be “communicated at one of our forthcoming meetings”, Draghi said. Wednesday 10 April 2019 2:58 pmcenter_img Tags: Brexit Eurozone IMF Manufacturing sector Mario Draghi People Quantitative easing whatsapp ECB boss Mario Draghi struck a more pessimistic tone than at the Bank’s last announcement in March, sounding warnings over the potential threat of US tariffs and Brexit to the Eurozone economy.The decision to hold rates came a day after the International Monetary Fund (IMF) slashed growth predictions for the bloc’s biggest economies and the US threatened to slap tariffs on $11bn worth of EU goods.The president of the ECB, which is responsible for the stability of the euro, said growth in the Eurozone was threatened by “the persistence of uncertainties related to geopolitical factors, the threat of protectionism and vulnerabilities in emerging markets”.The euro fell 0.35 per cent following Draghi’s speech. It bought $1.124 at 2.30pm UK time.Draghi said the threat of tariffs from the US “is certainly undermining general confidence.” He said that “threats of further protectionist measures” were “one of the reasons for the general weakness in the Eurozone.” Share More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com On Brexit, Draghi said: “Certain countries are especially exposed to the UK economy, and of course they will have consequences and the consequences may be serious.”He said these consequences could “reverberate”, although “if you take the aggregate numbers you wouldn’t expect much of an impact [on the EU] given the relative size of the two entities.”“The second caution is that the value chains are very extensive and the ramifications of value chains are also quite broad,” he said. “If we were to reach a point when these value chains were to be broken then we can have lots of local and possibly serious effects.”The ECB said its main lending rate will stay at zero per cent while the deposit facility will remain at minus 0.4 per cent, meaning banks are charged for leaving money with at the ECB.It will continue to reinvest the money it receives from the maturing bonds in its asset purchase, or quantitative easing (QE), programme.last_img read more

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Tory veteran David Davis attacks government tax avoidance crackdown as threat to the rule of law

first_img Guy Bentley Share Tags: Autumn Statement 2015 Google Tax whatsapp Tory veteran David Davis attacks government tax avoidance crackdown as threat to the rule of law Show Comments ▼ whatsappcenter_img The government has become the biggest threat to the rule of law, according to veteran Tory backbencher and former minister David Davis.Speaking at a briefing organised by the Taxpayers’ Alliance and the Institute of Economic Affairs (IEA) he slammed the government’s attempts to limit tax avoidance through laws such as the General Anti Avoidance Rule (GAAR) as “pernicious”.  GAAR has received widespread criticism for its retrospective nature. GAAR gives the government the power to decide whether you should pay the amount of tax required by law or whether you must pay more.Davis said there was a serious risk to the rule of law in Britain today coming from the government because these measures fundamentally departed from the conventional understanding of British justice. Furthermore, the undermining of the rule of law in the area of taxation will corrode one the reasons Britain is such an attractive place to invest.”General anti-avoidance legislation means that the HMRC can come back two or three years later and say ‘No you got it wrong, can we have the money back” Davis said.The Tory MP who stood against David Cameron for the leadership of the Conservative party argued that it was the government who was acting as the villain and not multi-national corporations, who had a duty to reduce their tax liability.He said measures like transfer pricing were nothing new and been used as a tax avoidance measure for decades and there were adequate mechanisms to deal with it. However, he added that HMRC was “spectacularly incompetant”.In a barb at the chancellor’s so-called “Google tax” he said critically “if it works, I’d be interested and impressed”.The IEA’s editorial director Philip Booth, concurred with Davis’s analysis:There is a well-established OECD process for dealing with international tax matters which are admittedly complex. That process should continue. However, the government seem to have pre-empted this by implying that somehow there is a category of profits that are “diverted” from the UK in a way that is perfectly accepted according to international conventions and the UK tax code but that should be taxed. Given that matters that are currently subjective (for example, transfer pricing) can be disputed by HMRC, it is very difficult to know what the Treasury might mean.He added:This is a retrospective and arbitrary tax change designed to attack a particular small set of well-identified businesses that are not popular with the public. It will, of course, do little to help the banking sector recapitialise and increase lending. Thursday 4 December 2014 11:21 am More From Our Partners ‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comConnecticut man dies after crashing Harley into live bearnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramHero Wars This game will keep you up all night! Hero Wars MoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef Picklast_img read more

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News / Grace period needed after new year IMO 2020 deadline, call

first_img Growing safety concerns around the IMO’s 0.5% sulphur cap on marine fuels has led to talk of a period of “permitted noncompliance” following the 1 January implementation.In addition, Indonesia has announced that, because of the threat of an increase in prices for consumer goods, it will continue to allow its flag-state vessels to burn 3.5% sulphur content fuel within its coastal waters after 1 January, and until the cost and availability of compliant fuel improves.And other countries are reported to be considering their options, all of which will send ripples of concern through to the IMO headquarters in London.Each of the 91 state signatories of the MARPOL Annex V1 regulation is required to enforce the new maximum sulphur content rules within their territorial waters, but some nations are beginning to call for a “soft start” to IMO 2020.There is some precedent for this: the introduction of the VGM container weighing edict on 1 July 2016 saw some authorities apparently ‘turn a blind eye’ to noncompliance in the early confused weeks of the regulation, in order to avoid supply chain chaos at ports.With just five months to go before IMO 2020, there is much to do for ships not fitted with exhaust gas cleaning scrubber systems, which allow the vessels to continue to consume heavy fuel oil (HFO) in all but the SECA regions of the world.In practice, shipowners are unlikely to want to begin a switchover to the LSFO (low-sulphur fuel oil) until around two months before IMO 2020, due to the higher cost of the compliant fuels, leaving little time to address any issues from the blended fuels and vessel performance.Marine insurance provider Skuld is one of several companies to issue guidance on the tank and pipe cleaning required to ensure that compliant fuel is not contaminated by HFO residue.“In addition to cleaning the tanks, all of the pipework in the fuel oil service system needs to be flushed thoroughly. Overall it may take up to two weeks per vessel,” it warned. It added that the time needed to drain the tanks of HFO must be taken into account when estimating the overall time required for the operation.“The sulphur 2020 cap will impact the fuel supply chain, procurement and operational safeguards. The impact is happening now, so act on any identified gaps, for example, crew training in fuel management,” said Skuld.Another issue recently highlighted to The Loadstar by analysts at Platts S&P Global is that variations in sulphur-compliant fuel around the world could also cause problems for vessel engines.“While the rules stipulate the content can have maximum 0.5% sulphur content, fuel experts has established that you cannot mix a fuel from one provider in one part of the world that has for example 0.49% content and from another, in another bunker port that has 0.45% content – the scientific term for what that mix creates is ‘sludge’!” one said.Meanwhile, although MSC has the most extensive scrubber programme of the major ocean carriers, with around 250 of its approximately 540 vessel fleet expected to have scrubber systems installed, in percentage terms Evergreen is the highest.According to Alphaliner the Taiwanese carrier has 140 of its 208-strong fleet stemmed for scrubber installation and therefore able to consume HFO.MSC and Evergreen are among the carriers that are banking on the premium for LSFO remaining at around 50% above HFO thus ensuring that their ship operating costs are lower than their compliant fuel-burning rivals. By Mike Wackett 30/07/2019last_img read more

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Florida finds pharmacy benefit managers are benefiting from a lucrative profit center

first_img [email protected] STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. As states struggle to control the cost of prescription medicines, a new report found pharmacy benefit managers pocketed more than $89 million collected on behalf of the Florida Medicaid program — and the consultants who ran the analysis recommended state officials rework the arrangements.The report found that PBMs appear to have profited from what is known as spread pricing, which refers to the dispensing fees that these companies pay pharmacies but then bill at a different rate to state Medicaid programs. In this instance, the PBMs working with managed care plans made $8.64 for each Medicaid prescription, which accounted for 9.5% of total plan spending. Adobe Pharmalot Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED @Pharmalot About the Author Reprints What is it? Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry.center_img Log In | Learn More Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. By Ed Silverman Dec. 9, 2020 Reprints GET STARTED What’s included? Florida finds pharmacy benefit managers are benefiting from a lucrative profit center Ed Silverman Tags drug pricingpharmaceuticalsSTAT+last_img read more

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Imminent Six-Party Talks Unlikely

first_img Imminent Six-Party Talks Unlikely Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak By Yang Jung A – 2010.02.10 5:34pm Yu Woo Ik, South Korean Ambassador to China, has rejected speculation linking two recent high level exchanges between Chinese and North Korean officials with the impending return of North Korea to the Six-Party Talks.Ambassador Yu, who was in Seoul to take part in a diplomats’ meeting today, conceded to reporters, “Mutual visits between Pyongyang and Beijing imply positive movement [toward the resumption of the Six-Party Talks],” but went on to say, “I wouldn’t impatiently presume that the Six-Party Talks will resume in short order.”Yu was referring to North Korean Vice-Foreign Minister Kim Kye Gwan’s visit to Beijing and Leader of the International Department of the Communist Party of China Central Committee Wang Jiarui’s visit to Pyongyang, both of which occurred in the last week.He added, “The administration and South Korea’s Embassy in Beijing will continue to carefully observe these moves and evaluate them positively.”“There are many things to discuss in advance of any resumption (of the Talks), and we need to bear both countries’ situations in mind,” he explained to reporters.Regarding the role of the Chinese government in reconvening the Six-Party Talks, Yu asserted, “Since the suspension of the Six-Party Talks, China has been making an effort to resume them as the chair country. They have been playing the role of cooperating with the other five parties, joining forces with our administration.”Yet some say that China is only paying lip service to international demands, simply pretending to be a member of the international community. Yu disagrees, though, saying today, “It could be seen like that because of the special relationship between China and North Korea, but I believe China is cooperating amicably with international society.”“Since China’s influence has risen, they have to take responsibility for following international regulations and principles. China admits this explicitly.” Facebook Twitter North Korea tries to accelerate building of walls and fences along border with China SHARE News center_img News News News There are signs that North Korea is running into serious difficulties with its corn harvest AvatarYang Jung A RELATED ARTICLESMORE FROM AUTHORlast_img read more

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Financial Sanctions Spurring NK Sophistication

first_img News The U.S.’ regime of targeted financialsanctions against North Korea may be having undesired side effects, accordingto U.S. expert John Park.Targeted sanctions do achieve someof their non-proliferation aims, Park, a research associate at MIT and adjunctlecturer at the Harvard Kennedy School, predicted earlier today. However, thesesuccesses could come at the cost of incentivizing state trading companies toenhance the sophistication of their commercial activities.Speaking at an event hosted by The AsanInstitute for Policy Studies, he pointed out that the only tools available toaddress proliferation concerns are physical force, cyber warfare, andsanctions. Thus, “Since ourcounterproliferation toolkit is so limited, the U.S. and others adoptsanctions.”Drawing parallels with the rapiddevelopment of bacteria that show resistance to historically effectivepharmaceuticals, he went on to say that as a result, “We’re seeing overuse of sanctions, and so regimes are developingimmunity.”Park’s latestresearch is some of the first in English to address the effectiveness offinancial sanctions through specific case studies focusing on the receiving endof the equation. Employing interviews with a small cohort of defectors based inSouth Korea who have direct experience of working in state-run trading firms,he is looking at both the reception of sanctions by the targeted entities andthose ways in which those entities respond by amending their working practices.Park also commented on the role played inthe context of North Korean trading entities by China and Chinesecompanies. As oft noted, he agreed that China sees “the stabilization of the North Korean regime as their least worstchoice.” However, while thatchoice disincentivizes Pyongyang from returning to multilateraldenuclearization dialogue, it does not mean that Beijing has adopted anunprincipled stance.Rather, he pointed out that the sanctionsregime does not prohibit the pursuit of economic development and humanitariangoals, and therefore the Chinese government does not perceive itself as bustingsanctions by facilitating Chinese firms doing business across the Yalu andTumen rivers.The result is that Sino-North Korean tradevolumes are now in the vicinity of $5-6bn USD per annum. The outcomes of thisrapid trade growth in the period to 2011 are, Park said, “A boom in consumption among the 1%,” thedemographic that benefits most prominently from that growth, and thedecentralization and “segyehwa,” or globalization, of the North Korean elite, including the risingmobility of elites within North Korea’s nearabroad. Facebook Twitter By Chris Green – 2014.08.13 5:21pm News Financial Sanctions Spurring NK Sophistication RELATED ARTICLESMORE FROM AUTHOR SHAREcenter_img Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak AvatarChris Green There are signs that North Korea is running into serious difficulties with its corn harvest News News North Korea tries to accelerate building of walls and fences along border with Chinalast_img read more

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Strength Through Adversity

first_img News Strength Through Adversity Image: Daily NK Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak News SHARE News North Korea tries to accelerate building of walls and fences along border with China RELATED ARTICLESMORE FROM AUTHOR AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] Mr. Won, a farmer raising perilla plants,arrived in South Korea with his family from the North in 2005. Like many, his chiefgoal at the time was to earn as much money as possible in order to settle downcomfortably. To this end, he labored at food factories and golf centers and justas he was beginning to feel like he could no longer endure the numerous factorscausing him stress at work, he learned about an introduction to farming programrun by a foundation helping North Korean defectors with their resettlement.Upon completion of the course and the fullsupport of his family, Won was determined to get started as soon as possible. He pooled his savingswith grant money provided by the foundation to build a greenhouse. But thingswere far more difficult than he imagined. Since this work was new to him,routine tasks took much longer for him than for everyone else; for instance, he required 12 hours for a task that took everyone else 8 hours.But farming was more difficult than heinitially anticipated. A crash course in farming could hardly provide him with everything he needed to know. Moreover, picking perilla leaves andpacking them in boxes all had to be done by hand, and was very difficult. Thephysical labor left his shoulders and back aching everyday–all to earn lessthan before when he worked at a factory.But he didn’twant to go back to the time when he relentlessly chased after money. So he readagriculture books in his spare time and doubled his efforts at work, which quickly reflected in his business–demand for his produce grew less than a year after he broke ground on the farm.Shipping perilla leaves on the same daythat they were picked was hard on his body, but this strategy proved crucial to higher profit margins. “Now that I look back,it is a good thing that I didn’t choose the easierroad. If I chose a crop that was easy to cultivate, then I might have quitfarming when the smallest difficulty arose,” he says.He urges others in his situation to reflecton the harrowing difficulties they have faced to get through those both current and future. “I really want to say this to other refugees: ‘Even thoughlife may be really hard at first, it’s important tofind work that you like after you’ve made some money.Let’s remember how we came here. If we don’t forget the determination that we had before coming, then nothingis impossible. Moreover, we now have freedom, and live in a land where rewardsare directly correlated to one’s efforts,’” Won points out.He adds that while he still has momentswhere he sighs in exasperation or frustration at work, he never doubtsthat he made the right choice, saying, “This small but burgeoning farm gives mehope for tomorrow. And what’s best is that our four family members can sit down and enjoy meals together at the same table.What else could I want?”*This article was made possible by supportfrom the Korea Hana Foundation [the North Korean Refugees Foundation]. By Daily NK – 2015.04.01 6:26pm There are signs that North Korea is running into serious difficulties with its corn harvest Facebook Twitter News last_img read more

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New Website Provides ‘One Stop Shop’ for Grape and Bulk Wine…

first_imgEmail Share Facebook Pinterest Advertisementby Elizabeth Hans McCroneYou wouldn’t necessarily identify Atlanta, GA as the hub of wine industry technology activities, but that’s exactly where Justin Charbonneau launched his brainchild, GrapeConnect; a relatively new website that provides grape and bulk wine buyers and sellers the opportunity do business together online, for free.Charbonneau came upon the idea after his parents relocated to northern Georgia and befriended owners of a local winery who were looking to source grapes from out-of-state while their young vineyard became established.Their frustration with locating available grapes, as well as growers willing to ship them, spurred Charbonneau to do research on how grape and bulk wine transactions happened online.“The more I looked, the less I seemed to find,” Charbonneau reports.The discovery intrigued Charbonneau and prompted him to, as he says, “get a landing page up and see if it resonates for people,” which is just what he did last June.Since then, GrapeConnect has grown by leaps and bounds, changing and developing week-to-week as users provide regular feedback to the site developers.“It’s in a constant state of flux as we keep on learning,” Charbonneau confirms. “We’re very responsive to feedback; I think that’s one of the most important things.”In its current state, GrapeConnect works like this:Sellers register (for free) on the site by providing basic information about themselves and their business. They are then directed to a Dashboard where they are able to post a listing of any and all grapes, juices, bulk wines and shiners available. Sellers are encouraged to share the metrics buyers care most about, including minimum order quantities, deposit requirements and states they are willing to ship to.Buyers are then able to navigate through those listings to find the products they are interested in and submit a confidential bid to the seller through GrapeConnect’s Private Bid Tool. The seller may accept, reject or counter their offer through the same online function. Alternatively, if the terms of the listing are agreeable, buyers can launch right into a deal by initiating a ‘Deal Proposal.’ Buyers can register (also at no cost) any time prior to or during the deal-proposal process.“We have the ability to facilitate negotiations,” Charbonneau says. “If they’re actually ready to push forward on a deal, they can go forward with that process.”Charbonneau notes that his software is programmed to create a solo Deal Manager that “spits out” the actual terms of the agreement as the details of the terms are being worked out between the buyer and seller. He emphasizes that whenever anything happens in the Deal Manager, both parties are notified.“The idea is to deliver transparency and convenience,” Charbonneau explains. “In line with being a one-stop-shop to search for what’s available, we want to be the one-stop shop to do the deal.”Charbonneau notes that GrapeConnect does not currently facilitate actual financial transactions; those happen directly between the site users. He does clarify that sellers may indicate how they would like to be paid when invoicing and buyers are able to put in federal tracking numbers or other relevant information necessary to complete the transactions. All financial and other information is protected by a secure website, backed up daily and encrypted with “the highest level of SSL (Secured Socket Layer).”To date, Charbonneau reports that there have been about $20 million of listing value posted to GrapeConnect, a sure sign that he’s onto something that may have been lacking in traditional wine industry business practices for some time.“People do a lot of handshake, local agreements with sources they’ve used for a long time,” Charbonneau points out. “Relationships are important; we get that and want to build the technology around them. But if you have grapes or bulk wine that you want to buy or sell, you should be able to go to one place for that, even if you have a handful of sources you usually work with.”For his part, Charbonneau believes the time it takes to create a listing for potential buyers, is time well invested.“We’ve helped to connect lots of buyers and sellers, kind of like an ad hoc free broker,” Charbonneau describes. “We want to add value to the industry by creating a place where people can find all the information they need … enough data, enough economic factors to help them make their decisions about grape pricing … in one spot.“Our goal is to make people lives a little bit easier with what they’re already doing.”Advertisement Previous articleDiscover Oregon Wines at a 2017 A-List Award-Winning RestaurantNext articleAfternoon Brief, January 3 Editor Twitter TAGSBulk WineElizabeth Hans McCronefeaturedGrapeConnectWine Business ReddIt Home Video New Website Provides ‘One Stop Shop’ for Grape and Bulk Wine TransactionsVideoWine Business EditorialNew Website Provides ‘One Stop Shop’ for Grape and Bulk Wine TransactionsBy Editor – January 3, 2017 205 1 Linkedinlast_img read more

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Mapmygenome partners with Lucid

first_img Phoenix Business Consulting invests in telehealth platform Healpha Offers DNA Onco Screen for cancer screeningLucid, a diagnostics company and Mapmygenome, a molecular diagnostics company, announced their alliance to advance cutting-edge, personalised and preventive medicine by combining genomics and pathology lab services. Lucid will offer DNA Onco Screen to customers and physicians for prevention and early detection of cancers.“Genetics is an important part of clinical diagnostics and we are pleased to offer these packages with Mapmygenome,” said Dr Sunitha Lingareddy, Managing Director, Lucid Diagnostics.“We are quite excited about this partnership,” said Anu Acharya, CEO, Mapmygenome. “Combining clinical parameters with genomics makes it very compelling for physicians and consumers to get a comprehensive screen.”DNA Onco Screen assesses genetic predisposition to various cancers, physiological traits known to trigger cancer, and lifestyle traits linked to cancer risk. Key clinical markers associated with cancer are also tested. Also offered are advanced packages for men and women, with a complete assessment by the doctor. All packages include genetic counselling to help understand individuals’ risk of cancer, inheritance patterns, and lifestyle changes essential to prevent cancer. These packages are the most effective, efficient, and comprehensive cancer screening tests available in the country. Read Article Share Cancer News Patient Safety Radiology Menopause to become the next game-changer in global femtech solutions industry by 2025 By EH News Bureau on February 22, 2019 Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app Comments (0) The missing informal workers in India’s vaccine story Related Posts MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals cancer screeningDNA Onco ScreenLucid DiagnosticsMapmygenome Mapmygenome partners with Lucid Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” Add Commentlast_img read more

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Axed Surface Mini reappears

first_imgHomeDevicesNews Axed Surface Mini reappears Steve Costello Speculation that Microsoft was planning – and then dropped – a smaller screen tablet in its Surface line appears to have been confirmed, after a user manual was found on Microsoft’s website that made numerous references to such a device.It was believed that the computing giant was planning a small-screen device which would have debuted alongside Surface 3 (pictured) earlier this year. But this did not happen, leading to suggestions that it was pulled shortly before the event because of concerns about consumer demand for Windows RT-powered products, a lack of differentiating features, and the need for a touch-based version of Office to boost its appeal.While the references in the user guide are likely to belong to the device that was shelved, Neowin previously suggested that a Surface Mini may see the light of day, once the differentiation issues (aided by the availability of a touch-optimised Office suite) have been resolved. But this is not likely to happen in the immediate future, particularly due to continued questions about the long term viability of Windows RT.The axed Surface Mini device was likely to have a screen size in the 7-inch to 8-inch range, and (like its larger brother) focus on productivity, with support for the stylus peripheral included with Surface 3.Pricing would be a key consideration. The current Surface 3 is pricey compared with tablet rivals, with Microsoft instead comparing it to a Macbook Air in its presentations – although it is far from clear that these devices are likely to be seen as competitors in the eyes of potential buyers.But for a smaller screen device, such comparisons will not be possible, meaning it will need to go up against Apple’s more established iPad Mini line and Samsung’s Note-branded products. Here, the lack of an established app ecosystem for Microsoft’s Windows RT-powered tablets becomes a major sticking point. Microsoft, SKT set date for 5G cloud gaming launch AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 24 JUN 2014 Previous ArticleMobile transactions set to boom in 2014 – studyNext ArticleYahoo debuts Aviate homescreen app Related Tags center_img Google taps retail with NYC store Author 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 Devices Sony, Microsoft unveil latest joint AI play MicrosoftSurfacelast_img read more

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