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— August 2020 —


« July 2020 | Main | September 2020 »

August 13, 2020

Contemporary Ethnicwear Brand, Melange by Lifestyle, Announces Deepika Padukone as Brand Ambassador

The brand also launched its new collection that captures the season’s vibrancy with the latest trends, designs, and styles.

Deepika Lifestyle

Photo: Deepika Padukone for Melange by Lifestyle.

BANGALORE, India, Aug. 11, 2020 — In addition to launching its new collection, Melange by Lifestyle, India’s leading ethnic wear brand, announced actor and style icon - Deepika Padukone, its brand ambassador. This collaboration further strengthens the brand ethos of ‘Rethink Ethnic’ and epitomizes the versatile, eclectic style of modern Indian women.

Comprising key trends, quintessential season favorites, and contemporary styles & silhouettes, the curated collection is a delight. The ever-popular ‘florals’ has been re-imagined in new shapes and prints. The ‘Work from Home’ collection featuring the Linen range brings together fashion and utility. The group has recreated traditional paisley into a contemporary version with an exciting mix of styles. Accents of gold prints, embellishments, and jewel tones come together to make every special occasion more elegant. The collection showcases Lucknowi Chikankari in a modern style with chic minimal embroideries and contemporary silhouettes.

Speaking on the announcement and launch, Mr. Rishi Vasudev, Executive Director, Lifestyle International Pvt. Ltd., said, “Melange by Lifestyle has always celebrated the style sensibilities of modern Indian women who are strong and confident. Our brand ambassador Deepika Padukone captures this bold and individualistic style that Melange represents. Being one of India’s most recognized brands across marketplaces, Melange continues to push boundaries by ‘rethinking’ ethnic wear and all that it has to offer. I look forward to our customers being delighted by the new collection that brings forth some remarkable pieces, perfect for every occasion.”

Deepika Padukone, Brand Ambassador, Melange by Lifestyle, said, “Melange by Lifestyle has managed to capture the essence of the modern Indian woman beautifully. I am delighted to be announced as the brand ambassador for Melange by Lifestyle and look forward to the journey ahead!”

From the ‘Work from Home’ range to elegant occasionwear, customers can now step into the spotlight and give their wardrobe a stylish makeover with the new Melange by Lifestyle collection. The collection is available in over 400 stores and leading online portals & marketplaces in India, including exclusive Melange by Lifestyle stores and lifestylestores.com, where customers can shop from the convenience of their home.

Lifestyle is India’s leading fashion destination for the latest trends. Part of Dubai based retail and hospitality conglomerate - The Landmark Group, Lifestyle brings multiple categories including men, women, and kids’ apparel, footwear, handbags, fashion accessories and beauty under the convenience of a single roof. Lifestyle provides seamless and hassle-free shopping, offering leading national and international brands and the comfort of real omnichannel experience with its online store lifestylestores.com.

Source: Lifestyle Stores

|GlobalGiants.Com|


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Edited & Posted by the Editor | 2:31 AM | View the original post





August 12, 2020

OMEGA Goes Platinum-Gold For New James Bond Watch

Omega

Cutting-edge style and innovation have always been essential parts of the James Bond story. In keeping with that legacy, OMEGA has now delivered a brand new Seamaster Diver 300M James Bond Numbered Edition, offering plenty of high-tech details for 007 fans to enjoy.

OMEGA has been equipping James Bond with its Seamaster timepieces since GoldenEye in 1995. This exceptional new release is a celebration of that partnership and provides a new addition to the 007 collections.

For an extraordinary look, the 42 mm case is crafted in platinum-gold, with a platinum-gold plate on its side, engraved with each Numbered Edition number.

As part of the OMEGA James Bond collection launched last year, this watch also includes a hidden number 50 within the Super-LumiNova of the 10 o’clock index - a reference to the 50th anniversary of the James Bond film On Her Majesty’s Secret Service. Elsewhere on the dial, you can find a 007 logo at 7 o’clock on the white enamel minute track. There are 18K white gold features on the hands and indexes, and there are Bond family coat-of-arms at the 12 o’clock mark.

Source: OMEGA

|GlobalGiants.Com|


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Edited & Posted by the Editor | 7:29 AM | View the original post





August 11, 2020

Standard Chartered Bank partners with Microsoft to become a cloud-first bank.

Microsoft, Standard Chartered

SINGAPORE and REDMOND, WASHINGTON., Aug. 11, 2020 — Standard Chartered Bank and Microsoft Corp. on Tuesday announced a three-year strategic partnership to accelerate the bank’s digital transformation through a cloud-first strategy. This partnership marks a significant milestone for Standard Chartered in making its vision for virtual banking, next-generation payments, open banking, and banking-as-a-service a reality. Leveraging Azure as a preferred cloud platform, the companies will also co-innovate in free banking and real-time payments to help the bank unlock new banking experiences for clients.

Standard Chartered Bank is a leading international banking group.

As part of its digital transformation, Standard Chartered will adopt a multi-cloud approach. Significant applications, including its core banking and trading systems and new digital ventures such as virtual banking and banking-as-a-service, will be cloud-based by 2025, subject to regulatory approvals. The bank will also adopt a cloud-first principle for all new software developments and significant enhancements.

As technology reshapes the banking industry, Standard Chartered recognizes that a cloud-first strategy is critical to the bank’s ambition to make banking simpler, faster, and more convenient. By being digital-first, the bank will meet the demand for seamless banking virtually anytime, anywhere, and make banking more accessible to people across its network.

Michael Gorriz, Group Chief Information Officer of Standard Chartered, said, “Cloud is a cornerstone of Standard Chartered’s strategy to meet our clients’ present and future banking needs. Cloud providers have invested massively in the reliability and automation of infrastructure and platforms. Using cloud services improves our ability to be agile and innovative while increasing our operational efficiency and resilience. As the financial industry disruption continues, we can focus on client benefits by deploying our solutions quicker and allowing for faster integration of new business models and partners. To realize our digital ambitions, Standard Chartered has chosen Microsoft as a strategic partner, and this partnership marks a major milestone for the bank in adopting a cloud-first approach.”

Bhupendra Warathe, Chief Technology Officer, Cloud Transformation at Standard Chartered, added, “The pandemic has shone a spotlight on the need for businesses and banks to be resilient. With the increasing trend of an always-on digital economy, commercial and consumer clients are looking for applications and services that empower them to do online banking flexibly and efficiently. The speed and scale of Azure’s continuous innovation allow us to innovate with the latest AI services to meet evolving client needs. We can pilot new apps in one market and scale them rapidly across others. It is especially important for a bank with a footprint as broad and diverse as ours.”

Standard Chartered will adopt Microsoft Azure as a preferred cloud platform to meet the bank’s need for resilient data centers and cloud services and addressing customers’ security, privacy and compliance requirements across the bank’s global footprint.

The first set of capabilities to move to Microsoft Azure will be Standard Chartered’s trade finance systems, allowing seamless cross-border trade for the bank’s corporate and institutional clients.

The partnership will also advance the bank’s digital workplace transformation with Microsoft 365 and Microsoft Teams providing modern productivity and collaboration tools to Standard Chartered’s 84,000 employees across its 60 markets.

Bill Borden, Corporate Vice President of Worldwide Financial Services at Microsoft, said, “Cloud computing is an enabler for financial institutions to modernize their infrastructure and systems. They gain the agility they need to respond to competitive pressures, regulatory environments, and customer demand. We are committed to helping Standard Chartered Bank in its ongoing digital transformation journey as it strives to address evolving customer needs and build the next generation of banking experiences.”

Source: Microsoft Corporation

|GlobalGiants.Com|


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Edited & Posted by the Editor | 2:15 PM | View the original post





Michelin Announces 2021 Road Atlas with Featured Driving Tours for Summer and Fall Getaways


Michelin Road Atlas

GREENVILLE, S.C., Aug. 10, 2020 — As a map publisher and leading mobility company, Michelin is debuting a new road atlas for travelers in North America. The 2021 Road Atlas: USA CANADA MEXICO features exclusive driving tours from the famous Green Guide collection.

According to the AAA 2020 Summer Travel Forecast, Americans will take over 700 million trips from July through September. Road trips will account for 97% of all summer travel, making it the most preferred form of transportation this summer.

Travelers will enjoy nearly 30 scenic drives across the U.S., from Alaska’s glaciers to Arizona’s deserts to Maine’s coast. Michelin’s driving tours guide travelers around North America with stops in national and state parks along the way. Six drives across Canada take travelers from the otherworldly Alberta Badlands to the Canadian Rockies, with a stop at stunning Banff National Park.

“Michelin has guided travelers to the best trails, hotels, and culinary destinations for more than 120 years. It is excited to offer a new version of its road atlas,” said Eileen Osteen, director of travel guides and map sales for Michelin North America. “As travelers pivot to road trips during the pandemic recovery, Michelin’s new 2021 Road Atlas is the ultimate companion for inspiring local and regional drives.”

The 2021 Road Atlas also includes 1,000 travel center locations for accessible pit stops. A unique format with flip-of-the-page navigation enables travelers to select a destination from the main map easily. Travelers will find 245 inset city maps and GPS coordinates to more than 2,500 parks in this new spiral-bound edition.

Michelin is a French multinational tire manufacturer based in Clermont-Ferrand in the Auvergne-Rhône-Alpes région of France. Headquartered in Greenville, S.C., Michelin North America operates 19 major manufacturing plants.

Source: Michelin North America

|GlobalGiants.Com|


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Edited & Posted by the Editor | 1:47 AM | View the original post





August 9, 2020

HP Unveils its Best Family Printer — Smart, intuitive interface, designed for the home.

HP Printer

HP Printer

HP Printer

HP Printer

PALO ALTO, Calif., August 7, 2020 — HP Inc. has unveiled its new HP ENVY 6000 printer series, a naturally intuitive device designed for today’s families who lead vibrant, busy lives where work, school, and life intersect.

“Families continue to not only work from home but also look for fun ways to keep their kids learning at home over the summer. We wanted to make their printing experience effortless,” said Xavier Garcia, Global Head and General Manager, Print Hardware Solutions, HP Inc. “Our new printers introduced today were designed for those adapting to remote working and learning, offering easy setup solutions with a smart control panel that intuitively lights up when needed.”

Key features of the new ENVY printers include:

• Innovative design and smart device user experience

• Effortless to use with the HP Smart app

• Never run out of ink with Instant Ink delivery service.

“HP Inc. creates technology that makes life better for everyone everywhere. Through our product and service portfolio of personal systems, printers, and 3D printing solutions, we engineer experiences that amaze,” the company stated.

Source: HP, Inc.

|GlobalGiants.Com|


Introducing The All-New HP ENVY Pro.


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Edited & Posted by the Editor | 7:17 AM | View the original post





August 8, 2020

Coca-Cola India unveils Two New Minute Maid Brands to mark its Entry into Immunity-boosting Beverages.

Coca-Cola India, Minute Maid

Coca-Cola India, Minute Maid

Photos: Coca-Cola India Brings Delightful Fruit Nutrition with two new products: Minute Maid Nutriforce and Minute Maid Vita Punch, made with Indian farmers’ fruits. Images provided by & copyright © Coca-Cola India.

New Delhi, August 7, 2020 — Coca-Cola India has reiterated its commitment as a ‘Total Beverage Company with strong local roots.’ It said it continues to invest in India’s essence by advancing beverage localization, celebrating farmers, and catering to the evolving needs of Indian consumers. Today, the company, under its master brand Minute Maid, introduced two new products delivering some of the daily essential nutrition requirements, made with fruits grown by Indian farmers. Minute Maid Nutriforce and Minute Maid Vita Punch offer much-needed benefits of mental agility and immunity, demonstrating a commitment to expand the company’s portfolio of delightful nutrition for everyday occasions.

Expansion of brand Minute Maid with the introduction of the new beverages also underlines Coca-Cola India’s focus on the ‘Fruit Circular Economy’ initiative, enabling farmers to increase their yield by sourcing fruits to launch fruit-based drinks.

T. Krishnakumar - President, Coca-Cola India, and Southwest Asia, said, “Coca-Cola remains grounded in its purpose to craft meaningful brands and offer its consumers a choice of drinks that refresh the body and spirit. Our long-term strategy entails offering more and more fruit-based beverages in line with consumer preferences. The expansion of our portfolio of nutritious juices under Minute Maid is in line with our aim to nourish every Indian and become India’s first choice in Fruit Nutrition. It also marks another step towards our commitment to the nation and its farmers.”

Minute Maid Vita Punch is a range of delicious fruit cocktails crafted from Indian fruit recipes that provide 100% of one’s daily requirement of Vitamin C to support immunity. It also marks Coca-Cola India’s entry into the nascent category of immunity-boosting beverages. Minute Maid Nutriforce is designed especially for Indian mothers who are seeking nutritious choices for their growing children. Minute Maid Nutriforce blends the great taste of Kashmiri apple juice with Iron, Zinc, and other essential vitamins that support cognition and mental sharpness.

Vijay Parasuraman - Vice President - Marketing, Coca-Cola India and Southwest Asia, added, “With the changing times, consumers are now opting for beverage options with health benefits - as their approach towards health and wellness is also transforming drastically. We developed the new beverages keeping in mind consumers’ requirements as they adapt to the ‘new normal.’ Made with fruits grown on Indian soil by Indian farmers, the latest additions to our delightful nutrition portfolio under Minute Maid Masterbrand are focused on solving our consumers’ real problems these times.”

Coca-Cola in India is one of the country’s leading beverage companies, offering a range of healthy, safe, high quality, refreshing beverage options to consumers. Since its re-entry in 1993, the company has been refreshing consumers with its various beverage products.

Source: Coca-Cola India

|GlobalGiants.Com|


Minute Maid Pulpy Orange - EAT IT, DRINK IT!


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Edited & Posted by the Editor | 1:06 AM | View the original post





August 7, 2020

Made in India for the World − Kia Motors unveils the Sonet.

Kia Sonet

Kia Sonet

Kia Sonet

Photos: KIA Sonet. Images provided by & copyright © Kia Motors Corporation.

Kia Motors Corporation, one of the world’s largest automakers, revealed the Kia Sonet to the world today in a digital presentation. Manufactured at Kia’s state-of-the-art production facility at Anantapur, Andhra Pradesh, the Sonet is Kia’s all-new smart urban compact SUV, and the brand’s latest made-in-India global product after the Seltos. The new Sonet marks Kia Motors’ entry into the burgeoning small SUV segment and sets new benchmarks with its first-in-class features.

The world premiere of the production-ready model follows the global unveiling of the Sonet concept at the Delhi Auto Expo in February 2020. Sales of the new car will begin in India followed by sales in many of Kia’s global markets.

“Kia Motors continues to be recognized globally through products which offer exquisite design and world-class quality, along with ‘The Power to Surprise.’ Everything about the all-new Sonet is uniquely Kia and is sure to delight both drivers and passengers,” said Ho Sung Song, president and CEO at Kia Motors Corporation. “With its aggressive and modern design language, fun-to-drive dynamics, and Kia’s latest high-tech features, the Sonet puts an exclamation point on our ambition to make Kia the brand of choice. The Sonet fills a need in the growing SUV market, in India and further afield, and will attract a wider number of consumers to the Kia brand.”

“We are extremely excited to introduce the Sonet — Made in India for the World. After the success of the Seltos and Carnival, we are confident that Kia will revolutionize yet another market segment in India with the Sonet addressing the unmet needs and aspirations of customers,” said Kookhyun Shim, MD, and CEO at Kia Motors India. “The Kia Sonet is designed and developed to deliver a best-in-class experience in quality, design, technology, features, and drivability to attract a wide spectrum of customers across segments. Kia’s state-of-the-art Anantapur plant will produce Sonet to Kia’s exacting global standards. We are sure the new customers and existing fans of the brand would receive it with enthusiasm.”

Kia explained that the all-new Sonet incorporates Kia’s DNA of emotive styling and a premium and youthful appeal to create a strong road presence. Displaying a dynamic stance in a confident, compact body, the Sonet showcases a range of styling attributes that stand apart on roads around the world. It includes a fresh interpretation of Kia’s signature ‘tiger-nose’ grille, flanked by ‘heartbeat’ LED DRLs (daytime running lights), shaped like the electric pulse of a heart, with a stylish front skid plate beneath.

Inside, the Sonet design around the driver is well laid-out with easy-to-use connected infotainment, cluster interface, and high-quality materials. Despite compact exterior dimensions, the interior of the Sonet offers ample, ergonomic space for all passengers.

The Sonet has multiple segment-first features offering complete comfort, convenience, safety, and optimum driving pleasure to customers. That includes:

The all-new Kia Sonet is a testament to Kia’s focus on consumer insight-driven product innovation and orientation. Kia has targeted Sonet towards the young generation who are tech-savvy, aspirational, and highly connected socially. The Sonet will be launched in India this festive season, in line with Kia Motors India’s promise of offering an all-new product every six to nine months, the company stated.

Source: Kia Motors Corporation

|GlobalGiants.Com|


2020 Kia Sonet - Kia’s next big thing.


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Edited & Posted by the Editor | 7:50 AM | View the original post





August 6, 2020

Nespresso Invests CHF 160 Million in the Expansion of its Romont Production Center in Switzerland to meet Growing Consumer Demand Worldwide.

300 new jobs created over the next ten years in a world-class ‘sustainable by design’ production center.

Nespresso

Nespresso

Photo: Nespresso farmer in Columbia. Image Credit: Nespresso.

Nespresso

Photo: Nespresso Vertuo coffee capsules. Image Credit: Nespresso.

Nespresso

Photo: Nespresso Romont production center in Switzerland. Image Credit: Nespresso.

LAUSANNE, Switzerland, August 4, 2020 — Nespresso has announced a CHF 160 million investment to expand its Romont production center in Switzerland to meet increasing consumer demand for its high-quality premium coffees and support international development in the coming years.

“Despite the challenging times we have all been living in, this strategic long term investment reconfirms Nespresso’s continuous business success and leadership in the portioned coffee segment, which we pioneered back in 1986,” said Guillaume Le Cunff, CEO of Nespresso. “It also demonstrates our continued commitment to our Swiss roots and the long-term economic development of the region and the country, with which we share values of quality, innovation, and expertise.”

“These are the kind of announcements that feel good in times of crisis. Nespresso confirms that large international groups can produce competitively in our region. It’s also an investment that strengthens our region in the bio-economy field with which I’m very pleased,” said Olivier Curty, State Councillor and Director of Economic Affairs and Employment at the Canton of Fribourg.

The Romont factory, inaugurated in 2015, is the center of excellence for the production of Nespresso’s Vertuo coffees now available in 21 countries across North America, Europe, and Asia. Vertuo is a versatile system that makes freshly brewed coffee in 5 different cup sizes using the innovative Centrifusion technology that recognizes the bar code on the capsule and adjusts the amount of water, speed of extraction, and temperature to deliver a perfect cup of coffee.

Switzerland produces all Nespresso coffees distributed worldwide. Over the past ten years, in addition to ongoing investment in its business, Nespresso has invested CHF 700 million in its three Swiss-based production centers in the cantons of Vaud and Fribourg. The know-how and passion of more than 1,000 skilled factory employees transform sustainably grown coffee beans into the highest quality coffees.

“Thanks to Nespresso, Romont has become a reference for coffee. This new investment is a gift for an entire region and the pursuit of an extraordinary adventure. It is up to us, political leaders, to ensure that everyone finds their place in healthy and sustainable development. With our small and medium-sized businesses and companies like Nespresso, if the “Little Prince” were Glânois, he would undoubtedly say, “I have always loved this region. We sit on the hill, close our eyes, drink our coffee, guess the flavors, and something shines in silence,” said Willy Schorderet, Préfet de la Glâne.

Good news for our municipality as we see that the objectives Nespresso gave us at the beginning of the project have been achieved. Romont will be able to position itself as a city of international influence and excellence. Romont, the expert city for Glass and Coffee, here is a slogan we could use to promote our city,” said Jean-Denis Cornu, Vice-syndic for the town of Romont.

Over the past ten years, Nestlé has invested, on average, CHF 300 million every year in its infrastructures and operations in Switzerland. Firmly rooted in its home country, Nestlé has 11 production centers and 4 Research & Development sites located in Switzerland.

While investing in supporting its operations, Nespresso is also committed to its sustainability ambition, that every cup of Nespresso coffee has a positive impact on the world. All three Nespresso production centers are ‘zero waste to landfill.’ Production processes are optimized to ensure that heat and water are recovered and reused whenever possible. In the existing facility in Romont, the heat from the coffee roasters is recovered and used to pre-heat the green coffee and the factory itself.

Romont was the first production center in Switzerland, and thus the first factory for Nestlé in Switzerland as well, to achieve the LEED® Gold certification (Leadership in Energy and Environmental Design) in 2015.

This certification covers the energy and water-efficiency of an industrial building. It also weighs aspects such as employees’ health and well-being at the workplace and infrastructure for environmentally-friendly mobility. Some examples of the various initiatives carried out by Nespresso to meet the LEED® requirements include the use of 20% recycled construction materials and an 18% decrease in the site’s energy consumption, thanks to heat recovery from the roasters, triple glazing, and the use of LED lighting. The LEED® certification extends Nespresso’s sustainability commitments and forms part of its global sustainability strategy, The Positive Cup.

Nestlé Nespresso SA is the pioneer and reference for the highest-quality portioned coffee. The company works with more than 110,000 farmers in 14 countries through its AAA Sustainable Quality™ Program to embed sustainability practices on farms and the surrounding landscapes. Launched in 2003 in collaboration with the NGO The Rainforest Alliance, the program improves the yield and quality of harvests while protecting the environment and improving the livelihoods of farmers and their communities.

Headquartered in Lausanne, Switzerland, Nespresso operates in 84 countries and has 14,250 employees. In 2019, it ran a global retail network of 810 boutiques. The brand currently has more than 100’000 points to globally collect its used capsules, enabling 91% of its consumers to recycle.

Source: Nespresso

|GlobalGiants.Com|


Nespresso

Lattissima One | One Touch Cappuccino - how to

Simply fill the milk jug with the amount of milk you want for your drink. The Lattissima One will froth it directly into your cup and brew your coffee for a perfect coffee & milk drink.


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Edited & Posted by the Editor | 11:07 AM | View the original post





August 4, 2020

Renault DP World F1 Team makes a dramatic finish in 2020 Formula 1 Pirelli British Grand Prix, Sunday.

Renault DP World F1

ENLARGE

Renault DP World F1

ENLARGE

Photos: 2020 Formula 1 British Grand Prix - RENAULT. Images provided by Renault © XPB / JAMES MOY PHOTOGRAPHY.

Renault DP World F1 Team made a dramatic finish in the Pirelli British Grand Prix with Daniel Ricciardo fourth and Esteban Ocon sixth after a thrilling final few laps at Silverstone.

With the race drawing to a close, the team made a good haul of points with Daniel occupying sixth and Esteban eighth. But debris left on the track in sector two meant Valtteri Bottas and Carlos Sainz picked up punctures allowing both drivers to gain places. Daniel further benefitted after overtaking Lando Norris just before the incidents, before finishing just 1.1seconds from a podium place.

The result matches Daniel’s best finish in Renault colors - fourth in the 2019 Italian Grand Prix - with Esteban claiming his best effort in Formula 1 since the 2018 Italian Grand Prix.

After a lightning start, Daniel gained two positions on the opening lap, progressing from eighth to sixth. Esteban was also out the blocks quickly - side by side with Daniel into the opening two corners - before maintaining ninth place by the end of the first lap.

After an early safety car, both drivers remained out on Soft tires. A second safety car on lap 12 allowed the team to double-stack both cars with Daniel first for Hards and Esteban immediately following suit for the same compound, with minimal time lost courtesy of a slick change from the pit crew. The midfield fight from fifth through to tenth was tight throughout with Daniel and Esteban showing solid race pace and looking set for a solid points haul.

Esteban managed to make his move on Lance Stroll for eighth before benefitting from Bottas and Sainz’s punctures with Daniel diving for a late move on Norris to snatch fourth.

Daniel Ricciardo — started P8, finished P4:
“It was a crazy race at the end, and it feels cool to take fourth place. We made a good start, jumped up to sixth, and we showed a decent pace. At the safety car restart, I was close to Carlos [Sainz] but didn’t have enough, and that allowed Lando [Norris] to have a run on me, and I missed out there. That was a bit frustrating, but it came back to us at the end. The race came alive, and that was good. We had some pace at the end, and I was able to get Lando, and then Carlos had a problem. I saw Charles [Leclerc] getting closer, and maybe with a couple more laps, we could have had a podium! We have another chance next week. Some chaos assisted us, but we were a top-six car today, and that’s pleasing.”

Esteban Ocon — started P9, finished P6:
“I’m delighted with today’s team result. It was enjoyable out there, lots of overtaking, lots of fun battles and a fantastic result to finish it off. I think today shows how fast our car is in the race. It felt awesome today, and it was a strong performance from the team. It’s a credit to everyone at Enstone and Viry for their hard work between Budapest and this race. We had a lot of discussions, and that paid off today. It proves that we need to qualify further up to make our life easier on Sunday. We have another opportunity next week for more.”

Source: Renault

|GlobalGiants.Com|


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Edited & Posted by the Editor | 5:58 AM | View the original post





August 3, 2020

Drugs Controller General of India approves Phase II+III trials of Oxford University vaccine by Serum Institute, Pune.

Oxford University

Oxford Vaccine

New Delhi, August 03, 2020. — The Drugs Controller General of India (DCGI) has allowed the Serum Institute of India, Pune, to conduct Phase II+III clinical trials of the Oxford University-Astra Zeneca COVID-19 vaccine (COVISHIELD). This approval will hasten the development of the COVID-19 vaccine in India, India’s Ministry of Health and Family Welfare announced today.

Source: Ministry of Health and Family Welfare, Government of India.

|GlobalGiants.Com|

— The editor is a holder of an Oxford Alumni Card and is a member of the Oxford and Cambridge Society of India.


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Edited & Posted by the Editor | 6:20 AM | View the original post





August 2, 2020

Devastating Cost of Failure to Coordinate Economic Re-openings; Immediate need for a Coordinated Policy across States, Regions, and Nations around the world — says MIT Study.

MIT Sloan

MIT Sloan, Crowd

CAMBRIDGE, Mass., July 30, 2020 — MIT Social Analytics Lab has published new, peer-reviewed research. The research shows the devastating cost of the chaotic and uncoordinated reopening of states and cities across the U.S. The study uses data from mobile phones and network connections through social media and census data. It estimates that total welfare gets dramatically reduced when reopening is not coordinated among states and regions.

For example, the study showed that the policies and behaviors of people in other, sometimes distant areas significantly influence the contact patterns of people in a given region. When states fail to coordinate significant spillovers, total welfare is reduced by almost 70 percent.

As federal, state, and local governments continue opening businesses and relaxing shelter-in-place orders nationwide, policymakers are doing so without quantitative evidence on how policies in one region affect mobility and social distancing in other areas. And while some states are coordinating on COVID policy at the level of “mega-regions,” most, unfortunately, are not. This lack of coordination will have devastating effects on efforts to control COVID-19, according to the study.

“There have been many calls for a coordinated national pandemic response in the U.S. and around the world, but little hard evidence has quantified this need,” said Sinan Aral, Director of the MIT Initiative on the Digital Economy and a corresponding author of the study. “When we analyzed the data, we were shocked by the degree to which state policies affected outcomes in other states, sometimes at great distances. Travel and social influence over digital media make this pandemic much more interdependent than we originally thought. Our results suggest an immediate need for a nationally coordinated policy across states, regions, and nations around the world,” he added.

Governors from all states and territories will convene virtually for the Summer meeting of The National Governor’s Association on August 5. The MIT study assesses the impact of an uncoordinated reopening and gives governors a map to coordinate in the absence of national guidance. The research done for all fifty states shows which regions affect each other the most and maps the areas that should be coordinating. These maps are sometimes surprising because, as a result of digital social media, each state’s success with social distancing gets impacted by the policy decisions of geographically proximate states and socially connected, but geographically distant lands. For instance, Florida’s social distancing was most affected by New York implementing a shelter-in-place policy due to social media influence and travel between the states, despite their physical distance. New Hampshire had a substantial impact on adjacent Massachusetts, despite being a small state.

As the Governor’s Association convenes, this research highlights the need for states across the country to coordinate, even if they are not near one another. The results suggest which regions should be coordinating with which other states based on the strength of the spillovers between them.

Source: MIT Sloan School of Management

|GlobalGiants.Com|

— The editor holds a certificate from the MIT Teaching Systems Lab.


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Edited & Posted by the Editor | 10:37 AM | View the original post






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