Business loss – Loro Dinapoli http://lorodinapoli.org/ Mon, 16 May 2022 12:23:34 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 http://lorodinapoli.org/wp-content/uploads/2021/07/icon-2021-07-06T154208.998-150x150.png Business loss – Loro Dinapoli http://lorodinapoli.org/ 32 32 Scholz’s party maintains Ukrainian politics despite loss of state votes http://lorodinapoli.org/scholzs-party-maintains-ukrainian-politics-despite-loss-of-state-votes/ Mon, 16 May 2022 12:21:32 +0000 http://lorodinapoli.org/scholzs-party-maintains-ukrainian-politics-despite-loss-of-state-votes/ BERLIN (AP) — Chancellor Olaf Scholz’s party said on Monday it sees no need to change the German leader’s oft-criticized approach to the war in Ukraine after an election in the most populous state of Germany has resulted in a clear defeat for its centre-left social democrats. Germany’s main opposition party, the centre-right Christian Democratic […]]]>

BERLIN (AP) — Chancellor Olaf Scholz’s party said on Monday it sees no need to change the German leader’s oft-criticized approach to the war in Ukraine after an election in the most populous state of Germany has resulted in a clear defeat for its centre-left social democrats.

Germany’s main opposition party, the centre-right Christian Democratic Union, won 35.7% of the vote to win Sunday’s election in the state of North Rhine-Westphalia, which has nearly 18 million of inhabitants. He finished nine points ahead of Scholz’s Social Democrats, despite expectations of a closer race in what has long been a centre-left stronghold.

A combination of local and national factors appears to have led to the result, which resulted in a low turnout of just 55.5%. CDU national leader Friedrich Merz argued that foreign and security policy played an important role and that this was “definitely negative” for Scholz’s party.

Scholz said in February that the Russian invasion of Ukraine marked a “turning point” and announced a sharp increase in military spending. The German government has broken with the tradition of supplying arms to Ukraine, but the chancellor has been criticized by the opposition and parts of his own coalition for initially hesitating to send heavy weapons and for sometimes appearing undecided.

However, Social Democrat co-leader Lars Klingbeil said on Monday that “there is nothing to change”.

He said he saw clear support during the campaign for the policy of ‘delivering guns but also weighing things up, not turning off the gas valve overnight so as not to endanger jobs in a state industrial as North Rhine-Westphalia”.

But he admitted the party needs to do a better job of communicating what it does for ordinary voters.

“Government policy has made it clear that we stand with Ukraine with no ifs and no buts, but we have allowed there to be too much talk about arms deliveries and too little about the rising cost of life and too little on rising energy prices,” Klingbeil said.

Government spokesman Steffen Hebestreit said Scholz “strongly believes that a balanced and carefully considered policy in Ukrainian politics is a path that is important and is also supported by a large part of the population.” He stressed that Sunday’s vote was first and foremost a regional election.

Among the other two parties in Scholz’s coalition government, the Green Greens nearly tripled their score to 18.2% on Sunday, while the business-friendly Free Democrats got just 5.9% – losing more than half of their support compared to five years ago. The CDU currently governs the state in a coalition with the Free Democrats, who lost their majority in the state legislature.

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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“We are coming” promise young Grizzlies after semi-final loss | Sports News http://lorodinapoli.org/we-are-coming-promise-young-grizzlies-after-semi-final-loss-sports-news/ Sat, 14 May 2022 18:23:00 +0000 http://lorodinapoli.org/we-are-coming-promise-young-grizzlies-after-semi-final-loss-sports-news/ By TERESA M. WALKER, AP Sports Writer MEMPHIS, Tenn. (AP) — The youngest NBA team to reach a conference semifinal in 25 years wasted little time turning disappointment into motivation. Yes, the Memphis Grizzlies soaked up every lesson to help chase their first NBA championship. “It will motivate us to move forward,” Memphis coach Taylor […]]]>

By TERESA M. WALKER, AP Sports Writer

MEMPHIS, Tenn. (AP) — The youngest NBA team to reach a conference semifinal in 25 years wasted little time turning disappointment into motivation.

Yes, the Memphis Grizzlies soaked up every lesson to help chase their first NBA championship.

“It will motivate us to move forward,” Memphis coach Taylor Jenkins said. “Individual growth, collective growth this season, it’s only going to make us better. It’s a step in the direction of that bright future that we talk about all the time.

The Grizzlies have made great strides since a franchise revamp in April 2019. They went from being knocked out of playoff contention in the Orlando bubble in August 2020 to earning the No. 8 seed in the qualifying tournament a year ago. .

political cartoons

The NBA’s second-youngest team earned the West’s No. 2 seed for the first time by tying the most wins in franchise history with 56. The Grizzlies won their first playoff series in seven in six games before losing in six games to the Golden State Warriors. – the last three without All-Star guard Ja Morant due to a bone bruise in his right knee.

Dillon Brooks summed up the Grizzlies’ future after losing a series to the three-time NBA champions who reached their sixth Western Finals in eight years, with two losses at Memphis by a combined four points.

“We’re young, they’re getting older, so they know we come every year,” Brooks said.

The NBA’s most improved player won’t need surgery for the bruised bone in his right knee that ended his best playoff streak late in Game 3 against Golden State. It’s the same right knee he suffered after being the second pick in the 2019 draft and the third injury to one of his knees this season.

Still, Morant is the superstar Memphis never had with his jersey ranked ninth among NBA sales. He averaged 38 points and eight assists in the semifinals and joined Kobe Bryant and LeBron James as the only players in NBA history with multiple 45-point playoff performances before turning 23. .

Morant, who turns 23 in August, was an All-Star starter and finished seventh in MVP voting. He can sign a five-year extension this offseason.

The Grizzlies ranked second in the NBA with 115.6 points per game, a franchise record with not a single point from a player 30 or older. It was the first time Memphis finished in the top five in scoring average.

They also became the first team to lead the NBA in rebounds, steals and blocks since steals and blocks became official stats in 1973. They led the league in points in the paint, second chance points, offensive rebounds and quick break points.

Jaren Jackson Jr. is coming off his best season yet and won’t turn 23 until September. The fourth overall pick in 2018 played a career-high 78 games, and he also led the NBA in blocks, setting franchise records with 177 and 2.27 per game.

But Jackson must learn to play flawlessly. He’s fouled three times this playoffs.

“I try to work on everything, there’s a lot of things I can do on the court and I want to continue to build on all of them and just get more polished and become more efficient,” Jackson said. .

The 30th pick in the 2020 draft has already become one of the top 3-point threats in the NBA. Desmond Bane leads the NBA in shooting 43.5 percent from outside the arc during that span with a minimum of 600 3-point attempts, and he set the franchise single-season record with 228 3-pointers.

Bane became the third player in NBA history to score at least seven 3-pointers in consecutive playoff games, joining Stephen Curry and Klay Thompson. Bane doubled his scoring from his rookie season to 18.2 points and led the Grizzlies in scoring in their first-round series win. He’s shooting 49% on 3 in the playoffs.

Memphis has two first-round picks in the upcoming NBA draft at numbers 22 and 29.

Both Kyle Anderson and guard Tyus Jones are expected to enter free agency this summer. Controlling owner Robert Pera said he’s willing to spend what’s necessary to keep the Grizzlies together, and Jones is giving Memphis plenty of options to support Morant or play alongside him.

Brooks and Bane also made it clear that the Grizzlies now understand the need to work harder each offseason. Improving different facets of their game yes, but also conditioning their bodies to handle the regular season and a long post-season.

“We have to be healthy and realize that every year we’re going to struggle,” Brooks said.

More AP NBA: https://apnews.com/hub/nba and https://twitter.com/AP_Sports

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Weight Loss Therapies Market – New Business Opportunities and Investment Research Report 2030 – SMU Daily Mustang http://lorodinapoli.org/weight-loss-therapies-market-new-business-opportunities-and-investment-research-report-2030-smu-daily-mustang/ Thu, 12 May 2022 11:47:40 +0000 http://lorodinapoli.org/weight-loss-therapies-market-new-business-opportunities-and-investment-research-report-2030-smu-daily-mustang/ Comprehensive analyzes of the fastest growing Weight Loss Therapeutics market provide insights that help stakeholders identify opportunities and challenges. The 2022 markets could be another big year for Weight Loss Therapeutics. This report provides an overview of the company’s activities and financial situation (a company profile is required if you want to raise capital or […]]]>

Comprehensive analyzes of the fastest growing Weight Loss Therapeutics market provide insights that help stakeholders identify opportunities and challenges. The 2022 markets could be another big year for Weight Loss Therapeutics. This report provides an overview of the company’s activities and financial situation (a company profile is required if you want to raise capital or attract investors), recent developments (mergers and acquisitions) and recent SWOT analyses. This report focuses on the Weight Loss Therapeutics market over the assessment period 2030. The report also provides an analysis of the Weight Loss Therapeutics market growth which includes Porter’s Five Factor Analysis and supply chain analysis.

Click here to access the sample report: https://www.datalabforecast.com/request-sample/38358-weight-loss-therapeutics-market

This Weight Loss Therapeutics analysis report also provides in-depth information regarding other upcoming trends and challenges which will have a tremendous effect on market growth. Get detailed insights into trends and challenges, which will help businesses assess and develop strategies for growth.

Who are the major suppliers of weight loss therapeutics?

The report analyzes the competitive landscape of the market and offers information about several vendors in the market including:
Abbott, Novartis AG, Arena Pharmaceuticals, Sanofi, Pfizer, Novo Nordisk, VIVUS, Johnson & Johnson, Ordemanden Therapeutics, Biocon, Eisai, Eli Lilly, Roche, Amgen, Zafgen

Detailed segmentation:

• Global weight loss therapeutics market, by product type:
Appetite suppression, increased body metabolism, interference with digestion absorption patterns.

• Global weight loss therapies market, by end user:
App I, App II.

Get 30-50% off various license types when buy it now (use corporate email id for higher priority) @ https://www.datalabforecast.com/request-discount /38358-weight-loss-therapeutics-market

Weight Loss Therapies Market

Competitive landscape highlighting important parameters players are gaining with market shifts and developments:

• % market share, SWOT analysis, segment revenue for each company profile.
• Overview of the activity and classification of the products or services.
• Latest developments (product launches, technological advances, manufacturing, expansion plans and research and development)
• Matrix of products or services.
• Capacity, consumption and production of players.

Quantitative data:

1. Market Revenue and Growth Rate by Type (Historical and Forecast)
2. Market revenue and growth rate by Application, such as Application I, Application II.
3. Market Revenue, Growth Rate, Volume, Type and Application by Each Country (Historical and Forecast)
4. Revenue, volume and annual growth rate per player (reference year).

Qualitative data:

It contains sections related to market dynamics and trending factors that are influencing or driving market growth. To list some names of the sections covered:

• Overview of the global weight loss therapy industry.
• Global market growth drivers, opportunities and restraints.
• Weight Loss Therapies Market Gap and Opportunities
• Market entropy (suppression of aggressiveness and strategic moves by industry players).
• Analysis of Porter’s five forces (potential new market entrants, competitive competitors, alternative customers and products).
PESTLE analysis (360 degree view of the market).
• Analysis of trademarks and patents.
• Competitive analysis (of each player and manufacturer featured in the report) SWOT analysis display).
• Market developments in weight loss therapies and insights innovations, and new product or service launches.
• Investment and project feasibility study.

We also offer customization of reports based on specific customer requirements:

– Free country-level analysis for the 5 countries of your choice.
– Free competitive analysis of 5 key market players.
– 40 hours of free analysis to cover any other data point.

For Custom Report Click @ https://www.datalabforecast.com/request-customization/38358-weight-loss-therapeutics-market

All of the reports we list tracked the impact of COVID-19. The upstream and downstream of the entire supply chain were taken into account during this operation. Additionally, where possible, we will provide an additional COVID-19 update supplement/report to the third quarter report, please check with the sales team.

Contact:

Henry K.
Data Lab Forecasts
86 Van Wagenen Avenue, Jersey,
New Jersey 07306, USA
Phone: +1 917-725-5253
Email: sales@datalabforecast.com
Website: https://www.datalabforecast.com/
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More trend reports by Data Lab Forecast:

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MOST SENIOR LEADERS PLAN TO JOIN GREAT RESIGNATION, GLOBAL SURVEY SAYS http://lorodinapoli.org/most-senior-leaders-plan-to-join-great-resignation-global-survey-says/ Tue, 10 May 2022 12:00:00 +0000 http://lorodinapoli.org/most-senior-leaders-plan-to-join-great-resignation-global-survey-says/ KellyOCG Survey Reveals Companies Are Struggling to Manage Changing Life-Work Design Demands – and Identifies How Some Companies Are Doing It TROY, Mich., May 10, 2022 /PRNewswire/ — According to a new report released today by KellyOCG, Kelly’s outsourcing and consulting business. the KellyOCG Global Workforce Report 2022 – Re:work reveals the disconnect between changing […]]]>

KellyOCG Survey Reveals Companies Are Struggling to Manage Changing Life-Work Design Demands – and Identifies How Some Companies Are Doing It

TROY, Mich., May 10, 2022 /PRNewswire/ — According to a new report released today by KellyOCG, Kelly’s outsourcing and consulting business. the KellyOCG Global Workforce Report 2022 – Re:work reveals the disconnect between changing employee expectations and the support provided by companies. It also highlights the steps taken by an elite corporate group, the Vanguards, to attract and retain the talent they need to grow their business.

KellyOCG Global Workforce Report 2022 — Re:work Calibrating to power the life-work shift

The report, a follow-up to the 2021 report, Next Level Agility: The Four Dynamics of a Resilient Workforce, identifies the biggest talent challenges and risks facing organizations emerging from the pandemic. It also explores how companies transform through four critical success dynamics: workforce fluidity; diversity, equity and inclusion (DEI); employee experience; and the adoption of tools and technologies.

“Our research signals that there is a significant demand for talent for life-work change. Even senior leaders experience this and recognize that employers could do more,” said Tammy Browning, president of KellyOCG. “A shift in workplace culture is needed and organizations must evolve to remain competitive, profitable and attractive to top talent. Organizations that fail to act on all four dynamics will continue to see employees at all levels leave. the door.”

KellyOCG interviewed C-suite leaders, board members, heads of departments, directors and managers in 12 countries and 10 industries. Key findings include:

  • Many senior executives are dissatisfied with their role and lack trust in their employer. More than half of senior executives worldwide (58%) are unhappy with their current position and 72% plan to leave their employer within the next two years. These findings indicate that the full force of the Great Resignation has yet to be felt – and this widespread “loss of boss” will have significant implications for business and the global economy.

  • Leaders struggle to make hybrid working a success. Only two in ten companies think hybrid working has a positive impact on organizational culture, and almost a third (28%) expect the complexity of managing a hybrid workforce to force ultimately a return to the office for most employees. While 66% say their companies are redefining their culture to adapt to a hybrid working world, only a third offer employees a way to share their feedback on hybrid working policies.

  • Hiring casual talent is one of the biggest hurdles businesses face today. Just over 33% of executives say their company is struggling to hire the casual talent they need to stay nimble in today’s economy. More than a quarter (28%) plan to increase their use of casual talent by at least 25% over the next five years, but few (36%) have a clear strategy for how they will use casual talent to increase their permanent staff.

  • Companies are not moving far enough or fast enough to achieve diversity, equity and inclusion and support employee mental health. Only about a third have implemented innovative initiatives to improve DEI, such as advocacy groups and support programs (and only 19% offer DEI training for leaders). And while more than 25% report an increase in employee absences due to poor mental health, 70% don’t have a company culture where it’s okay to disclose mental health issues as a reason for getting sick. absent.

  • Businesses are lagging when it comes to adopting the right tools and technologies needed to grow their workforce. Nearly two-thirds still don’t have data analytics tools to help them understand trends in employee retention and productivity – although 76% of companies that have adopted such tools say they have been well received by the employees. And 64% report a lack of knowledge-sharing tools that foster closer collaboration between hybrid, remote and in-office employees.

The Re:work report provides a blueprint for companies wishing to follow the example of the “Vanguards” – a group of thriving organizations that report increased employee well-being, productivity and revenue growth over the course of the last year. The Vanguards represent 15% of global survey respondents and share four key dynamics that drive their approach to culture, technology and talent management:

  1. Vanguards boost workforce agility. These leading organizations are 15% more likely to encourage the use of casual talent to improve workforce agility (40% vs. 24%), suggesting a link between the use of casual talent and higher employee productivity and well-being.

  2. The Vanguards are taking real action on DEI. Senior managers at these companies are more likely to engage with workers across the organization around DEI (82% vs. 60%) and are more likely to implement innovative initiatives to improve their DEI performance – but there is still a lot to be done to create an inclusive work environment.

  3. Vanguards is reinventing the employee experience. Senior executives in Vanguard organizations are 33% more likely to indicate that they have a positive work-life balance and are satisfied with their current role. They are also more likely to say that their organization respects employees as a whole and reinvents working in partnership with them. Vanguards is also implementing strategies to gauge employee sentiment and engagement and report on C-suite accountability for improving the employee experience (57% vs. 29%).

  4. Vanguards embraces the right tools and technologies to empower today’s workforce. They implement knowledge sharing tools that enable collaboration between in-office, hybrid and remote workers (46% vs. 34%) and use platforms that enable a clear view of the mix of permanent and contingent talent in their business (42% versus 32%).

When these four dynamics come together, companies in all industries can better attract, retain and motivate talent to achieve their business goals, according to the Re:work report. Independent experts quoted throughout the report provide additional insights and testimonials on how their organizations are navigating life-work change.

Read the full report for additional information.

About KellyOCG®
KellyOCG® connects companies with the talented people they need to fuel and grow their business through our unparalleled global talent supply chain and leading workforce solutions including managed service provider (MSP) and recruitment process outsourcing (RPO). We combine decades of experience in the human resources industry with proprietary knowledge and an ongoing focus on technology to produce world-class programs that meet an organization’s unique workforce needs and can launch them on their journey to total talent management. Our ability to anticipate the future of talent management solutions drives us to challenge the status quo, making us a trusted partner for our global client portfolio, which spans cutting-edge industries across North America, APAC and EMEA. Visit kellyocg.com or connect with us on LinkedIn to learn more.

About the survey

KellyOCG surveyed 1,000 senior executives, 20% of whom are in leadership or board positions, across 12 countries – Australia, Canada, China, Germany, India, Ireland, Japan, Malaysia, Singapore, Swiss, UK and United States – and 10 sectors of activity.

Media Contact:
Cynthia Carey
cync752@kellyservices.com
248-579-9920 (office)
248-462-3021 (cell)

KellyOCG

KellyOCG

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SOURCEKellyOCG

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Ladam Affordable Housing reports standalone net loss of Rs 0.06 crore in March 2022 quarter http://lorodinapoli.org/ladam-affordable-housing-reports-standalone-net-loss-of-rs-0-06-crore-in-march-2022-quarter/ Sat, 07 May 2022 02:35:00 +0000 http://lorodinapoli.org/ladam-affordable-housing-reports-standalone-net-loss-of-rs-0-06-crore-in-march-2022-quarter/ Sales declared void Net loss of affordable housing in Ladam reported at Rs 0.06 crore in the quarter ended March 2022 compared to a net loss of Rs 0.20 crore in the previous quarter ended March 2021. No sales were reported as of during the quarter ended March 2022 and during the previous […]]]>


Sales declared void

Net loss of affordable housing in Ladam reported at Rs 0.06 crore in the quarter ended March 2022 compared to a net loss of Rs 0.20 crore in the previous quarter ended March 2021. No sales were reported as of during the quarter ended March 2022 and during the previous quarter ended March 2021.

For the full year, net loss reported at Rs 0.22 crore in the year ended March 2022, compared to a net loss of Rs 0.34 crore in the previous year ended March 2021. No sales was reported in the year ending March 2022 and in the prior year. end of March 2021.



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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)


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First published: Saturday 07 May 2022. 08:05 IST

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Signal loss was not on the agenda when Meta debuted on NewFronts http://lorodinapoli.org/signal-loss-was-not-on-the-agenda-when-meta-debuted-on-newfronts/ Wed, 04 May 2022 21:08:31 +0000 http://lorodinapoli.org/signal-loss-was-not-on-the-agenda-when-meta-debuted-on-newfronts/ Meta made its NewFronts debut in New York on Tuesday with the expected fanfare of an evening designed to woo advertisers. (The event took place on the top floor of the Fotografiska Museum on Park Avenue South, which happens to be located in the same building as Anna Delvey, the con artist immortalized in Netflix’s […]]]>

Meta made its NewFronts debut in New York on Tuesday with the expected fanfare of an evening designed to woo advertisers.

(The event took place on the top floor of the Fotografiska Museum on Park Avenue South, which happens to be located in the same building as Anna Delvey, the con artist immortalized in Netflix’s coveted “Inventing Anna” miniseries as headquarters of his ever-future eponymous art foundation.)

Either way, Wendy’s marketers were on hand to extol the virtues of the Metaverse, and a handful of Instagram influencers did their thing, including a live cooking demonstration, comedy routine, and a pop-inspired trumpet performance.

Cue the stats: people spend 50% of their time on Facebook and Instagram watching videos; two billion people watch videos on Facebook and Instagram eligible for in-stream ad monetization; more than half of US consumers have purchased a new product in the past six months through a recommendation from a creator; and Reels has become the biggest driver of engagement growth on Instagram.

But what about signal loss and the impact of Apple’s privacy changes on Meta’s ability to target and measure ads and spin the targeted ad spinner?

Let me know

It’s no surprise that AppTrackingTransparency and the end of third-party cookies on Chrome didn’t show up during the NewFronts Meta presentation glare, but advertisers have been asking a lot about both, especially for brands focused on trade, said Nada Stirratt. , Meta’s Vice President for the Americas.

“Everyone is feeling it and so they’re eager to hear what we’re doing,” Stirratt told AdExchanger. “The tools we have are the first lines of defense in making sure small business owners and business owners of all sizes can find their audience.”

Some of these tools include the Conversions API, which allows advertisers to share data directly from their server with Ads Manager, and Aggregate Event Measurement, which tracks conversion events for people using iOS 14.5 or later.

But creators using Meta’s portfolio of video offerings, including Reels, Stories and its AR filters, all of which were heavily hyped during Meta’s NewFronts showcase, can also serve as a source of first-party signals.

For example, a cooking enthusiast who follows a chef on Instagram is not only a cooking enthusiast, he is a known and therefore targetable cooking enthusiast.

“But it’s not some kind of data mining of the relationship between creators and their audiences,” Stirratt said. “The beauty of creators is that they are a self-selected population that advertisers want to tap into.”

stay on message

Self-selected as in the first part.

Being able to navigate the headwinds of signal loss is directly tied to a deep understanding of “what people care about,” Mark Zuckerberg told investors during Meta’s first-quarter earnings call in late April.

This can be done by making it easier for people to connect with businesses through Meta’s services, whether that’s messaging on WhatsApp or Messenger or making a purchase on Facebook or Instagram.

On Wednesday, following on from several custom messaging tools launched in September, Meta introduced a handful of new messaging-related tools and options on WhatsApp, Instagram and Messenger, including the ability to create instant messaging announcements directly from of the WhatsApp Business app. Meta is also testing a new feature that will allow businesses to send marketing messages via Messenger to registered customers.

Click-to-messaging ads, which appear in-feed on Facebook and Instagram and prompt users to click to start a conversation with a business on WhatsApp, Messenger or Instagram Direct, are already a multi-billion dollar business for Meta, with two-digit numbers. Year-over-year growth in the first quarter, said Rich Rao, vice president of Meta’s small business group.

“Over the past two years, we’ve seen business messaging play an increasingly important role in how people and businesses connect on our platform – more than a billion users connect every week with a business account on our messaging services,” Rao told AdExchanger. . “That’s why we’re working to make it easier for businesses to use our messaging tools to communicate with their customers in a personal way.”

With the added benefit of creeping into the purchase funnel.

During Meta’s Q1 call, COO Sheryl Sandberg specifically emphasized that IM ads were a key part of the company’s business ambitions, as they enable Meta to serve as a channel to drive business results.

“If our business efforts are successful in the long term,” Sandberg said, “we will be able to close that loop directly on our end service.”

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BP plunges into $20.4 billion loss on Russia exit http://lorodinapoli.org/bp-plunges-into-20-4-billion-loss-on-russia-exit/ Tue, 03 May 2022 07:00:12 +0000 http://lorodinapoli.org/bp-plunges-into-20-4-billion-loss-on-russia-exit/ BP’s decision to withdraw from Russia after the war in Ukraine plunged the oil major into the red – Copyright AFP/File Saeed KHAN British energy giant BP plunged into a huge first-quarter net loss on Tuesday after deciding to exit Russia following an invasion of neighboring Ukraine. The post-tax loss amounted to $20.4 billion (€19.4 […]]]>

BP’s decision to withdraw from Russia after the war in Ukraine plunged the oil major into the red – Copyright AFP/File Saeed KHAN

British energy giant BP plunged into a huge first-quarter net loss on Tuesday after deciding to exit Russia following an invasion of neighboring Ukraine.

The post-tax loss amounted to $20.4 billion (€19.4 billion) following BP’s decision in February to withdraw its 19.75% stake in energy group Rosneft, ending its more than three decades of investments in Russia.

BP had posted a net profit of $4.7 billion in the first quarter of 2021.

“Our decision … to exit our stake in Rosneft has resulted in significant non-cash charges and an overall loss,” BP chief executive Bernard Looney said in a statement.

The group recorded a pre-tax charge of $25.5 billion due to its breakup with Rosneft.

That wiped out the benefits of soaring energy prices, which were fueled by fears of tight supplies following the invasion by major Russian oil and gas producer.

BP’s revenue jumped 40% to $51 billion in the first quarter from a year earlier.

“In a quarter dominated by the tragic events in Ukraine and the volatility in energy markets, BP focused on providing the reliable power our customers need,” Looney said.

The European Commission will propose a new sanctions package to member states on Tuesday to punish President Vladimir Putin’s Kremlin for its invasion of Ukraine, including an embargo on Russian oil, officials said.

It comes after the EU on Monday warned member states to prepare for a possible complete blackout of gas supplies from Russia, insisting it would not give in to Moscow’s demand that imports be paid for. in rubles.

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The Memphis fairgrounds in May are moving http://lorodinapoli.org/the-memphis-fairgrounds-in-may-are-moving/ Sun, 01 May 2022 02:04:10 +0000 http://lorodinapoli.org/the-memphis-fairgrounds-in-may-are-moving/ Beale Street Music Festival 2022 Beale Street Music Festival 2022 Joe Rondone, Memphis Trade Call In a welcome confluence of proper performance and logistical practicality, the Memphis musicians were the first performers to take to the stage during this weekend’s relaunch of the Memphis in May Beale Street Music Festival, following two years of COVID-19 […]]]>

cheek

In a welcome confluence of proper performance and logistical practicality, the Memphis musicians were the first performers to take to the stage during this weekend’s relaunch of the Memphis in May Beale Street Music Festival, following two years of COVID-19 quarantine. (i.e. cancellations).

“I feel like I’m baptizing the return of Beale Street Music Fest,” said “Whoop That Trick” rapper Al Kapone, the first performer on the Bud Light stage early Friday night. “It’s actually an honor.”

Performing on the Zyn Stage, a distance from Hail Mary Pass (the nearby Simmons Bank Liberty Stadium was the backdrop for both stages), Amy LaVere, the fiddle-slamming bass singer, also chose a religious metaphor in acknowledging the appetizer status that accompanies any act that occurs during the opening moments of a festival.

“Thank you for coming to the sacrificial lamb set,” LaVere told the small, grateful crowd.

Minutes into his set, LaVere sang, “If you don’t hear a train, you’re not in Memphis…” As if on cue, the lyrics were completed with the whistle of High-pitched, lonely warning of a freight train, crawling past the stadium, beyond the sight but not the hearing of the festival crowd.

MEMPHIS IN MAY: How the Beale Street Music Festival survived COVID-19 and a change of venue to make a comeback

The train was a reminder that while the Beale Street Music Festival is back in business, business is not business as usual. The revived 2022 festival was not held as usual at the foot of its namesake avenue in Tom Lee Park but in the Fairgrounds area of ​​Liberty Park, more or less in the center of the city. Tom Lee and its scenic location on the Mississippi River were unavailable as the park is undergoing a major overhaul. (This year, the Memphis in May World Championship Barbecue Cooking Contest, scheduled for May 11-14, will also take place at Liberty Park.)

Aside from the site, the mission of the music festival was more or less unchanged. The event hosted nearly 60 artists representing rock, blues, folk, hip-hop and world music, as well as a wide range of souvenir and food vendors (this year fans could buy arepas in addition to corn dogs).

However, the venue change caused major annoyance and lengthened the admissions process on opening night, as fans mostly avoided the Southern Avenue south entrance and thronged Central’s north entrance.

“The crowd was disproportionate at the north gate,” said Jim Holt, president and CEO of Memphis in May. According to Holt, 82% of festival-goers came to the north entrance, while at the south gate, “there was no waiting time.” Changes to festival shuttle drop points and some other tweaks have alleviated some of the bottlenecks.

Arguably more important, the loss of the river backdrop and the sunset over the Arkansas shoreline was daunting; it’s unlikely Neil Young would have been moved to perform an epic 35-minute rendition of “Down by the River” if he had been watching from the stage across acres of parking lot. (Would he have chosen the title track from that same album, “Everybody Knows This Is Nowhere” instead?)

On the other hand, some festival-goers said they preferred the more convenient location and more easily accessible layout. The narrow north-south stretch that is Tom Lee Park creates a one-mile hike between the festival’s two largest stages, while at Liberty Park the three stages and Coca-Cola Blues Tent were points plotted on an oblong, traveling from one stage to another. relatively easy.

Also, “It’s concrete, so no mud,” enthused festival-goer Christina Westbrook, 40, who arrived early with a portable plastic folding chair, which she set down in front of the Bud Light stage in early Friday afternoon in anticipation of the closing party set by Three 6 Mafia.

The scarcity of soft ground and grass meant, however, that areas of greenery were valuable outside the expanse of grass that faced the Terminix stage at the foot of Tiger Lane. Elsewhere, a few islands of trees surrounded by sidewalks that dotted the large parking lots in front of the Zyn and Bud Light stages; these spaces were quickly colonized by festival-goers with blankets.

NBA PLAY OFF: Three 6 Mafia celebrate Grizzlies win during performance at Beale Street Music Festival

The ‘no mud’ pledge was cashed in around 10 p.m. Saturday night when the threat of lightning and what Memphis officials in May described as a ‘severe weather alert’ caused the festival to be temporarily evacuated, before headliners such as Smashing Pumpkins and Megan Thee Stallion could take the stage. Although the rains were brief, customers were evacuated through the north gate and told they would be allowed to return “when it is determined that all is safe and clear”, according to the scene announcement. which interrupted a performance by the alternative rock band. Death Cub for Cutie. Because festival tickets aren’t refunded in the event of bad weather, many festival-goers returned, even though Megan Thee Stallion didn’t start her show until around 1 a.m.

Other than late Saturday night, the weather for most of the weekend was glorious.

Holt said music fans in all 50 states and four foreign countries purchased tickets in advance for the Beale Street Music Festival, but officials in Memphis in May expect the music festival this year and other events show “a significant drop in attendance”.

He said Tom Lee Park could hold up to 35,000 music festival fans before the doors closed and the day’s event was considered sold out, and Liberty Park was set up to be just as spacious. Nevertheless, no day of this weekend was should be a sale.

In fact, Holt said Memphis officials in May anticipated the riverside move would mean “a drop in our overall revenue” for the festival as a whole. “We anticipate a significant loss.” Other explanations for the drop in attendance include “inflationary pressure” impacting Americans’ spending priorities, Holt said, as well as lingering worries about the COVID-19 virus.

Additionally, one of the band’s signature acts, the Foo Fighters, withdrew from the festival following the death of the rock band’s drummer, Taylor Hawkins. That change happened early enough for Memphis in May to add Sammy Hagar to the lineup, but COVID-related cancellations by Lindsey Buckingham and Chevelle kept the festival moving even after it launched.

Despite these concerns, the mood this weekend was celebratory – in the crowd, on stage and backstage.

“We wanted to do some special things to make up for not being downtown and to celebrate the return of the music festival,” said Randy Blevins, vice president of marketing and programming for Memphis in May.

BEALE STREET MUSIC FESTIVAL: The music and the fans are back – with a Ferris wheel

To that end, in what Blevins called “a nod” to the area’s Libertyland amusement park past, a free Ferris wheel was set up in the middle of the music festival, to give riders a view of entire layout. In addition, each evening of the festival was to end with a fireworks display.

All the while, the four musical stages offered plenty of fireworks, sound and otherwise, most of which attested to what Bob Mehr of The Commercial Appeal in his Three 6 Mafia review called the “returning spirit” of the festival.

Even so, the contrasts were sometimes extreme.

Friday night, as “classic rock” artist Van Morrison and his band performed orchestrated blues-band arrangements of decades-old songs on the Zyn Stage, the North Carolina hip-hop superstar known as DaBaby’s name was successfully urging women in the audience to come on stage and perform on a prop stripper pole.

BSMF 2022: From DaBaby to Sarah McLachlan, here are Friday’s highlights from Beale Street Music Fest

In the crowd watching guitar prodigy Kurt Vile and the Violators was a woman with a David Bowie “Labyrinth” Goblin King tattoo on her shoulder and a man with the “Never Mind the Bollock’s Here the Sex Pistols” logo. on his socks. In front of Al Kapone were the jerseys of Zach Randolph and Ja Morant.

“It feels good to be back after being shut down for the past two years,” Kapone said, in an interview ahead of his show.

Philadelphia native Vile echoed and expanded on this notion during his performance. “It’s good to be back,” he said — and just when you’d expect him to add “in Memphis,” he concluded with the words “in the world.”

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IU Health Sees First Quarter Operating Loss – Inside Indiana Business http://lorodinapoli.org/iu-health-sees-first-quarter-operating-loss-inside-indiana-business/ Fri, 29 Apr 2022 15:34:00 +0000 http://lorodinapoli.org/iu-health-sees-first-quarter-operating-loss-inside-indiana-business/ (photo courtesy of IU Health) Indiana University Health announces a first quarter operating loss of $29.8 million. The Indianapolis-based health system says expenses resulting from the COVID-19 pandemic have exceeded operating profit gains. IU Health says it saw fewer COVID-19 patient admissions in the quarter, however staffing issues remain a concern. “We continue to overcome […]]]>
(photo courtesy of IU Health)

Indiana University Health announces a first quarter operating loss of $29.8 million. The Indianapolis-based health system says expenses resulting from the COVID-19 pandemic have exceeded operating profit gains.

IU Health says it saw fewer COVID-19 patient admissions in the quarter, however staffing issues remain a concern.

“We continue to overcome the labor shortage by investing in our workforce, particularly in patient-facing roles, to ensure we can meet patient demand,” said Jenni Alvey, senior vice president and chief financial officer of IU Health. “Additional investments in the workforce are expected throughout 2022. These investments are made to provide the best possible clinical care and improve Indiana’s health and wellness. The challenges of the pandemic again show the critical need for hospital systems to maintain a strong financial position to be able to manage unforeseen operational challenges and continue to serve the patients who depend on us.

The health system says spending in the quarter rose 16% from the same period last year, including increases in salaries, wages and benefits for frontline clinical staff. The increase was part of nursing bonus pay initiatives, using more contract and temporary labor, higher starting salaries and base salary increases.

IU Health also reported a 3% increase in operating revenue in the quarter. The health system says it has seen an increase in hospital admissions, X-ray exams and emergency room visits, while surgical cases are down compared to the same period last year.

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Credit Suisse records another quarterly loss and reshuffles management http://lorodinapoli.org/credit-suisse-records-another-quarterly-loss-and-reshuffles-management/ Wed, 27 Apr 2022 06:35:00 +0000 http://lorodinapoli.org/credit-suisse-records-another-quarterly-loss-and-reshuffles-management/ The logo of Swiss bank Credit Suisse is seen at its headquarters on Paradeplatz square in Zurich, Switzerland October 1, 2019. REUTERS/Arnd Wiegmann Join now for FREE unlimited access to Reuters.com Register ZURICH, April 27 (Reuters) – Credit Suisse (CSGN.S) posted a first-quarter loss of 273 million Swiss francs ($283.6 million) on Wednesday, prolonging the […]]]>

The logo of Swiss bank Credit Suisse is seen at its headquarters on Paradeplatz square in Zurich, Switzerland October 1, 2019. REUTERS/Arnd Wiegmann

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ZURICH, April 27 (Reuters) – Credit Suisse (CSGN.S) posted a first-quarter loss of 273 million Swiss francs ($283.6 million) on Wednesday, prolonging the financial woes of the beleaguered lender after a series of scandals .

The bank also announced another round of senior management departures.

The first-quarter loss, following new lawsuits and a nearly halving of net income, puts further pressure on Switzerland’s second-biggest bank, which is still reeling from billions in accumulated losses in 2021 and as shareholder pushback increases on what has been described as a freewheeling culture.

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The loss, which Credit Suisse warned of last week, was larger than the 252 million franc loss it had posted a year earlier and marked its fourth quarter in the red of the last six.

“The first quarter of 2022 was marked by volatile market conditions and client risk aversion. These conditions, along with the impact of our reduced risk appetite in 2021 as we took decisive actions to strengthen our overall risk and control base, have had a negative impact on our net income,” Chief Executive Thomas Gottstein said in a statement.

Credit Suisse also announced the departure of three of its longest-serving executives, saying chief financial officer David Mathers would leave as soon as a suitable successor is found, while group legal director Romeo Cerutti would retire after more than 10 years. , to be replaced by Markus Diethelm, former legal adviser to UBS (UBSG.S).

It named Edwin Low to head its Asia-Pacific business, confirming statements from sources on Wednesday that Low would replace veteran banker Helman Sitohang. Read more

The bank has tried to reform its risk management culture and turn the page on a series of scandals, which have prompted multiple senior management upheavals, abrupt departures and internal and external investigations.

In recent months, he has also become a defendant in the first criminal case against a major bank in Switzerland, while a court in Bermuda ruled in March that a local branch of the lender owed billionaire Bidzina Ivanishvili “substantially more than 500 million dollars” over a long period of time. – current fraud committed by a former adviser. Read more

On Wednesday, it said it had increased its legal provisions by 703 million francs in the quarter, dragging it into a loss.

Investors and analysts have been looking for signs of the series of scandals’ impact on client relations at the bank, seen as the bedrock of Credit Suisse’s top wealth and ultra-wealth segments in the management of money. fortune.

On Wednesday, it said its core wealth management business, which it was trying to consolidate, saw 4.8 billion Swiss francs in new client inflows in the first three months of the year, driven mainly by ultra-rich clients in Switzerland as well. as its Asian and external asset management businesses.

The business’s revenue, meanwhile, fell 44% as it pointed to a slowdown in its tie-up with wealth and investment bank Global Trading Solutions – an area the bank is targeting for growth. as part of its new strategy – as well as lower brokerage and product fees.

The disappointing results demonstrated a growing rift between Credit Suisse and its biggest rival UBS (UBSG.S), which on Tuesday posted its best first-quarter net profit in 15 years. Read more

(This story corrects grammar in title)

($1 = 0.9627 Swiss francs)

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Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields and Muralikumar Anantharaman

Our standards: The Thomson Reuters Trust Principles.

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