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Source: http://www.sdgln.com/events/index.php?com=detail&eID=6716
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(Reuters) - EasyGroup Chairman Stelios Haji-Ioannou said on Sunday he planned to open a low-cost food retail business in Britain, easyFoodstore, aimed at undercutting prices at German discount grocers Aldi and Lidl.
The founder of budget carrier easyJet said the project was a "low risk experiment" to be run out of a pilot store in south London.
"There is a gap in the food retail market - a niche below some of the current budget operators such as Aldi and Lidl," he said in a statement.
Set to offer basic, no-brand-name, packet and tinned foods at lower prices, easyFoodstore could be rolled out on a wider basis from 2014 onwards, Stelios said.
EasyGroup, Stelios' private investment vehicle, operates its "easy" brand in several sectors including travel, leisure and hospitality.
Listed by Forbes as the third most wealthy Cypriot billionaire, Stelios is easyJet's largest single shareholder despite being at odds with the airline since he quit its board in 2010.
(Reporting by Richa Naidu in Bangalore; Editing by Robin Pomeroy)
Source: http://news.yahoo.com/easygroup-launch-budget-supermarket-britain-202531829.html
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Source: http://www.newsbucket.org/2013/08/high-paying-online-advertising-sites.html
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RIGA, Latvia (AP) ? Many gay bars in North America have stopped selling the famous Stolichnaya vodka brand to protest Russia's crackdown on the gay community. But the vodka's maker has joined forces with Latvia's leading gay rights group to say that the boycott is misplaced.
Though Stolichnaya is an historic Russian brand and some of its ingredients come from Russia, virtually all of the Stoli sold in the west is made in Latvia, a former Soviet republic that is now part of NATO and the European Union. It's the perception that it's Russian that's prompted the boycott ? Russia recently introduced a law that bans so-called "propaganda of nontraditional sexual relations" and imposes hefty fines on those holding gay pride rallies.
The vodka is produced in Latvia by Latvijas Balzams, which has 600 employees and is one of the nation's biggest exporters. However, Latvijas Balzams is nearly 90 percent owned by Luxembourg-based SPI Group, which in turn is controlled by Yury Shefler, a Russian-born billionaire who left Russia a decade ago after falling out with the Kremlin over his support of opposition political parties.
SPI said it was "very optimistic" that there would be a breakthrough in talks with activists advocating the boycott.
"We have been active in setting the records straight ? that we stand on the same side and that we hate to be associated with the attitude and actions of the Russian government on this issue," SPI told The Associated Press in an email response Friday
And Mozaika, Latvia's homosexual rights group, appealed to organizers of the "Dump Stoli! Dump Russian Vodka!" to drop their campaign.
"This campaign will only harm Latvia, Latvia's economy and employees of the company Latvijas Balzams," Mozaika said in a statement Thursday.
Despite the boycott, Latvijas Balzams officials said the distillery saw no reason to consider decreasing Stolichnaya output in light of the boycott and that production of the vodka was up 10 percent in the first six months of the year.
As yet, there's no sign that the boycott will be called off. One group, Queer Nation, contended that SPI remained an appropriate target for a boycott.
"Though the company claims to be friend to our community, it was silent as the Russian government considered this horrific law, and it said nothing after the law was enacted," Queer Nation said in a statement. "Stolichnaya only spoke up after the boycott was announced. Friends do not keep silent when those they claim to value are under attack."
Queer Nation urged Mozaika to put pressure on SPI to take action in Russia seeking repeal of the legislation that's caused such outrage.
Source: http://news.yahoo.com/latvian-distiller-owner-tries-defuse-boycott-170650467.html
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Shares of China-based YY (YY) jumped in early trading on Friday after the online social network and gaming company said Q2 soared 118% to $66.7 million, above expectations.
Guangzhou, China-based YY late Thursday said it earned 35 cents per ADS, up from a slim loss a year earlier, beating by 14 cents. In the current quarter, YY said it expects revenue growth of about 90%. In Q3, 2012, it had sales of $36.4 million.
The company operates an online social platform that lets users engage in group activities through voice, text and video. Users can play games, watch shows and concerts, screech out karaoke songs and chat with other users with real-time audio and video.
It sells "virtual" goods to online users. Here's IBD's New America report.
"Driven by 170% year-over-year growth in the number of paying users on our YY Music platform, revenues exceeded our expectations and our total paying user numbers grew more than 50% year-over-year," said CEO David Xueling Li, in a statement.
"As we head into the second half of 2013, we're excited about our strategic initiatives designed to further leverage our large scale interactive online. Opportunities like our exclusive partnership with Hunan Satellite Television in China to bring one of China's most popular entertainment shows, Happy Boy to our interactive platform, creates a new level of real-time interactive reality TV."
In Q2, revenue from online games, YY Music and its membership program soared 132% to $59.8 milion on more paying users and per-user revenue. Revenues from online games increased by 87% to $24.8 million.
In a regulatory filing for its IPO, YY said competitors in China include iSpeak, Tencent's (TCEHY) QQtalk, Renren (RENN), and Qihoo 360 (QIHU) .
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There was a time when the smartphone was a tool of the businessman. The BlackBerrys and Treos and Windows Mobile smartphones were connected corporate networks - and often issued by those corporations. Over the last several years that has changed dramatically, with smartphones becoming the province of the consumer.
So prevalent has smartphone usage become among the general public that corporations are beginning to perform a 180 on smartphone policy. They're increasingly comfortable with you hooking up your personal device to their secured corporate network.
Does that mean we need a new breed of device, something that can balance the needs of the personal user and the business user? Or do we already have the smartphones and tablets that can do that? And how do you manage the distraction of the personal at work and the work at home? Would we be better off just shoving the phone into a drawer throughout the day, or is there benefit to being able to pick it up and get in a quick Facebook check?
Navigating the world of smartphones and business, work and personal, isn't the easiest thing, but there's got to be a solution, right?
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Source: http://feedproxy.google.com/~r/androidcentral/~3/a5Y963r50uU/story01.htm
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