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☆ Britain's Ocado secures first deal beyond grocery retail
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

An Ocado grocery delivery van is driven along a street in London, Britain, March 25, 2023. It also holds a 50% share of Ocado Retail in the UK in a joint venture with Marks & Spencer (MKS.L). The deal with McKesson will see Ocado receive upfront fees during the construction process with the final payment upon final installation. Ocado said the impact of the deal will be minimal on cash flow and earnings in its current financial year. In July, the group reported a return to first half underlying profit.

Persons: Toby Melville, Canada Ocado, McKesson, Tim Steiner, we're, Spencer, Ocado, James Davey, Prerna Bedi, Shilpi Majumdar, Kirsten Donovan, Barbara Lewis Organizations: REUTERS, Kroger, Casino, Marks, Times, Thomson Locations: London, Britain, Canada, Ocado, United States, Japan, France, U.S, Bengaluru

☆ Opinion | When Being Good Is Just a Matter of Being Lucky
▼ + stars: | 2023-09-20 | by ( Peter Coy | ) www.nytimes.com time to read: +2 min

Indeed, one resolution of the “moral luck” paradox is that free will does not truly exist, Kristin Mickelson, a philosophy lecturer at the University of Colorado at Boulder, has written. The first drives drunk and kills a person. The second drives drunk and loses control of her car, but by luck doesn’t kill anyone. “Being blameworthy for an event is about being accountable for what you have done in the world,” Hartman wrote. There’s no excluding luck from our calculations, because luck “saturates” who we are, what we do and the consequences of what we do, Hartman wrote.

Persons: Kristin Mickelson, Roger Crisp, ” Robert Hartman, Hartman, ” Hartman, saturates ” Organizations: University of Colorado, The New Statesman, Ohio Northern University Locations: Boulder

☆ Typhoon Khanun kills one man, knocks out power to one-third of Japan's Okinawa homes
▼ + stars: | 2023-08-02 | by ( Kantaro Komiya | Thomson Reuters | Kantaro Writes About Everything Japan'S Economic Indicators To North Korea'S Missiles To Global Regulation On Ai Companies. His Previous Stories Have Been Published In The Associated Press | ) www.reuters.com time to read: +3 min

TOKYO, Aug 2 (Reuters) - High winds hit power lines in Japan's popular tourist destination Okinawa, knocking out electricity to more than 200,000 households on Wednesday morning, as powerful and slow-moving typhoon Khanun neared the country's southwestern islands. A man was crushed under a collapsed garage and went into cardiac arrest, according to the Fire and Disaster Management Agency. A man was crushed under a collapsed garage and went into cardiac arrest, according to the Fire and Disaster Management Agency. Local utility Okinawa Electric Power (9511.T) said 212,530 households, or 34% of all houses covered, were experiencing power outages as of 10:55 a.m. Japan time (0155 GMT), according to its website. Kyushu Electric Power (9508.T) said power supply was down for 10,030 houses in Amami islands in Kagoshima prefecture, north of Okinawa.

Persons: Co's, Khanun, Kantaro Komiya, Sonali Paul Organizations: Disaster Management Agency, Japan Meteorological Agency, Local, Okinawa Electric, Kyushu Electric Power, Mobile, SoftBank Corp, Kadena Air Base, Thomson Locations: TOKYO, Okinawa, Japan's, Tokyo, Japan, Amami, Kagoshima prefecture, Naha, Okinawa's, U.S, East China, Zhejiang, Taiwan, Kyushu, China, Philippines

☆ Ocado jumps after return to first-half underlying profit
▼ + stars: | 2023-07-18 | by ( James Davey | ) www.reuters.com time to read: +2 min

Ocado also said its Ocado Retail business, the online supermarket joint venture it operates with Marks & Spencer (MKS.L), returned to profitability in the second quarter. Shares in Ocado jumped 14.6% in early trading after what Jefferies analysts called a "solid" performance. It maintained its guidance for Technology Solutions to deliver "positive" EBITDA over the full 2022-23 year, with Ocado Retail making "marginally positive" EBITDA, and Logistics making "stable" EBITDA. "Speculation is speculation, I have nothing to say," Tim Steiner, Ocado's founder and chief executive, told reporters on Tuesday. ($1 = 0.7641 pounds)Reporting by James Davey; Editing by Kate Holton, Jason Neely and Mike HarrisonOur Standards: The Thomson Reuters Trust Principles.

Persons: Ocado, Spencer, Jefferies, Tim Steiner, James Davey, Kate Holton, Jason Neely, Mike Harrison Organizations: Marks, Kroger, Casino, Technology Solutions, Ocado, Logistics, Times, Thomson Locations: Ocado, United States, Japan, France, U.S

☆ Ocado keeps guidance after return to first-half underlying profit
▼ + stars: | 2023-07-18 | by ( James Davey | ) www.reuters.com time to read: +2 min

SummaryCompanies First half underlying profit 16.6 mln stgLosses at pretax level widen to 289.5 mln stgShares surged last month on takeover speculationLONDON, July 18 (Reuters) - Ocado (OCDO.L), the British online supermarket and technology group, kept its financial guidance for the year as it reported a return to underlying profit in its first half. However, at the statutory level Ocado's pretax loss widened to 289.5 million pounds from 211.3 million reflecting depreciation, amortisation and exceptional items. Ocado said there was no change to the financial guidance given at its full-year results in February. In the first half Technology Solutions was EBITDA positive, Logistics was flat and Ocado Retail made a small loss. The group maintained its guidance for Technology Solutions to deliver "positive" EBITDA over the full 2022-23 year, with Ocado Retail making "marginally positive" EBITDA, and Logistics making "stable" EBITDA.

Persons: Tim Steiner, Ocado, Spencer, James Davey, Kate Holton, Jason Neely Organizations: Times, Amazon, Ocado, Marks, Logistics, Technology Solutions, Kroger, Casino, Thomson Locations: U.S, United States, Japan, France

☆ Ocado hits five-month high after return to profit, keeping guidance
▼ + stars: | 2023-07-18 | by ( ) www.cnbc.com time to read: +2 min

Ocado shares surged on Tuesday after the British online supermarket and technology group kept its financial guidance for the year as it reported a return to underlying profit in its first half. Shares surged 15.3% to their highest since February, beating the four-month peak set in June after a report of possible takeover interest from Amazon boosted the company's stock. Its Technology Solutions revenue jumped 59%. Ocado said there was no change to the financial guidance given at its full-year results in February. Ocado shares surged 32% on June 22 after The Times newspaper reported speculation of possible bid interest in the online supermarket from more than one U.S. suitor including tech heavyweight Amazon.

Persons: Chris Beauchamp, Ocado, I've, Tim Steiner Organizations: Technology Solutions, IG Group, Tech Solutions, Ocado, Marks, Logistics, Kroger, Casino, Jefferies, U.S, The Times Locations: United States, Japan, France, U.S

☆ Ocado jumps on return to first-half underlying profit
▼ + stars: | 2023-07-18 | by ( James Davey | ) www.reuters.com time to read: +3 min

The group swung to a profit for the six months to May 28, posting core earnings (EBITDA) of 16.6 million pounds ($21.7 million), ahead of a consensus forecast for a loss of 16 million pounds, and reversing a loss of 13.6 million pounds in the year-earlier period. Ocado (OCDO.L) said its Technology Solutions division made a profit for the first time, while its Ocado Retail business, the online supermarket joint venture it operates with Marks & Spencer (MKS.L), returned to profit in the second quarter. Shore Capital analyst Clive Black, a long term Ocado sceptic, focused on Ocado's losses at the pretax level, which widened to 289.5 million pounds. It maintained its guidance for Technology Solutions to deliver "positive" EBITDA over the full 2022-23 year, with Ocado Retail making "marginally positive" EBITDA, and its UK Logistics unit making "stable" EBITDA. The group's shares soared much as 47% on June 22 after the Times newspaper reported possible takeover interest from more than one U.S. suitor including Amazon (AMZN.O).

Persons: Spencer, Jefferies, Goldman Sachs, Tim Steiner, Ocado, Clive Black, Steiner, James Davey, Kate Holton, Jason Neely, Mike Harrison Organizations: Technology Solutions, Marks, Kroger, Casino, Shore Capital, Ocado, UK Logistics, Times, Thomson Locations: Ocado, United States, Japan, France, U.S

☆ Ocado launches first robotic warehouse in Asia with Aeon
▼ + stars: | 2023-07-10 | by ( ) www.reuters.com time to read: +1 min

LONDON, July 10 (Reuters) - British online supermarket and technology group Ocado (OCDO.L) said on Monday its first robotic warehouse in Asia, built for Japanese partner Aeon (8267.T), has gone live. The warehouse, or customer fulfilment centre (CFC) as Ocado calls them, has begun taking orders from customers across the Kanto region for Aeon's "Green Beans" brand. Ocado signed up Aeon as a partner in 2019 in a deal that anticipated the Japanese group would have an online grocery sales capacity of about 600 billion yen ($4.21 billion) by 2030 and 1 trillion yen by 2035. Ocado said Aeon's second CFC in Japan will be based in Hachioji, Tokyo, with more to follow. “Grocery spend in Asia is set to outstrip every other region of the globe over the next decade, and online remains the fastest growing channel in grocery across APAC," Ocado CEO Tim Steiner said.

Persons: Ocado, Tim Steiner, James Davey, Kylie MacLellan Organizations: “, Times, Thomson Locations: Asia, Kanto, Japan, Hachioji, Tokyo, APAC

☆ Watch Relativity attempt the first launch of its 3D-printed rocket Terran 1
▼ + stars: | 2023-03-08 | by ( Michael Sheetz | ) www.cnbc.com time to read: +2 min

3D-printing specialist Relativity Space is attempting its first rocket launch on Wednesday, a mission that marks the most significant test yet of the company's ambitious manufacturing approach. The company's Terran 1 rocket is launching from LC-16, a launchpad at the U.S. Space Force's facility in Cape Canaveral, Florida. The company's Terran 1 rocket stands on its launchpad at LC-16 in Cape Canaveral, Florida ahead of the inaugural launch attempt. The company says that 85% of this first Terran 1 rocket was 3D-printed. Relativity Space | gif by @thesheetztweetz

The holiday, known before the pandemic as the world's largest annual migration of people, comes amid an escalating diplomatic spat over COVID curbs that saw Beijing introduce transit curbs for South Korean and Japanese nationals on Wednesday. The virus is spreading unchecked in China after Beijing abruptly began dismantling its previously tight curbs in early December following historic protests. Among them, South Korea and Japan have also limited flights and require tests on arrival, with passengers showing up as positive being sent to quarantine. COUNTING DEATHSSome of the governments that announced curbs on travellers from China cited concerns over Beijing's data transparency. Annual spending by Chinese tourists abroad reached $250 billion before the pandemic, with South Korea and Japan among the top shopping destinations.

☆ A short seller betting against this UK grocer says its shares could plunge by over 40%
▼ + stars: | 2022-11-24 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

There's more pain to come for investors in British grocery technology company Ocado , according to short seller Chris Dale. The chief investment officer at Kintbury Capital expects Ocado's shares to fall a further 45% from Wednesday's close of £6.60 down to about £3.75 ($4.52) a share. The short interest in Ocado has risen to more than 4% of its stock in recent months after a two-year lull. AHL Partners, AQR Capital, Gladstone Capital and D. E. Shaw & Co. are the other firms currently holding a significant short position in Ocado. Earlier this month, Ocado's shares soared by 32% after a new deal to construct six CFCs for South Korea's Lotte Shopping was announced.

☆ Ocado enters South Korea with Lotte Shopping deal
▼ + stars: | 2022-11-01 | by ( James Davey | ) www.reuters.com time to read: +3 min

REUTERS/Paul ChildsSummarySummary Companies Lotte Shopping becomes Ocado's 12th partnerOcado to build six robotic warehouses by 2028Ocado shares soar 34%LONDON, Nov 1 (Reuters) - Ocado (OCDO.L), the British online supermarket and technology group, has entered South Korea, one of the most mature e-commerce markets in the world, through a partnership deal with Lotte Shopping (023530.KS), the companies said on Tuesday. Lotte, South Korea's second largest grocer, becomes Ocado's 12th partner across 10 countries. Ocado's in-store fulfilment technology will also be rolled out across Lotte stores from 2024. Lotte Shopping, part of South Korea's Lotte Group conglomerate, operates department stores, hypermarkets, supermarkets and e-commerce, with more than 1,000 stores nationwide and an annual revenue of 9.5 billion pounds ($10.9 billion). Ocado Group's shares have been hurt this year by the performance of Ocado Retail, its retail joint venture with Marks & Spencer (MKS.L).

☆ These 13 sell-rated global stocks have serious downside risk, Wall Street analysts say
▼ + stars: | 2022-10-28 | by ( Ganesh Rao | ) www.cnbc.com time to read: +8 min

Equity analysts have slashed estimates and price targets over recent days as companies continue to report disappointing third-quarter results. Thirteen of these stocks — all part of the MSCI World Index — have median analyst price targets below their current share price, according to FactSet data. Global stocks Other stocks with price targets below current trading levels include Japanese multinational retailer AEON , U.S.-listed Clorox , and U.K. financial services company Abrdn plc. Equity analysts have slashed estimates and price targets over recent days as companies continue to report disappointing third-quarter results. Thirteen of these stocks — all part of the MSCI World Index — have median analyst price targets below their current share price, according to FactSet data.

☆ 'If it blows up, it's cool': The far-out philosophy that explains why Elon Musk won't let a few baby sea turtles stop SpaceX's quest to get to Mars
▼ + stars: | 2022-04-05 | by ( Adam Rogers | ) www.businessinsider.com time to read: +25 min

In the case of Elon Musk v. Charismatic Megafauna, the agency intends to publish its final report in late April. Musk went on: "Either explicitly or implicitly some people seem to think that humans are a blight on the Earth's surface. Musk is talking about existential risk, the idea that something — an asteroid, a rogue artificial intelligence — might kill every human on Earth. And if you assume that future human minds will "mainly be implemented in computational hardware instead of biological neuronal wetware," as Bostrom does, you end up with a mind-boggling 1054 human lives. Musk has made the defense of "future life" his mission.

☆ Participă online la lansarea celui de-al doilea volum al antologiei „Un secol de poezie română scrisă de femei (1945-1989)”
▼ + stars: | 2021-03-26 | by ( Onixmedia Srl | ) diez.md time to read: +6 min

Luni, 29 martie, ora 19.00, va avea loc lansarea online a volumului 2 al antologiei Un secol de poezie română scrisă de femei (1945-1989), de Alina Purcaru și Paula Erizanu, cu fotografii de Lucia Lupu. Discuția va fi transmisă live, pe pagina Facebook a Editurii Cartier și pe pagina Librăriilor Cărturești. „Moștenirea lăsată de poetele care au debutat în perioada 1945-1989 în România, Republica Moldova și în diasporă este vastă, un întreg continent de explorat. Antologie de poezie feministă (volum coordonat de Medeea Iancu, Fractalia și LitFem, 2020) și Izolare (volum coordonat de Alexandra Rusu, Nemira, 2020). și în publicații din România și Republica Moldova, precum Libertatea, Observator cultural, Dilema veche, Scena9, Ziarul de Gardă ș.a.

Persons: Alina Purcaru, Paula Erizanu, Lucia Lupu ., Anastasia Gavrilovici, activista, Laura Sandu, Angela Marinescu, Mariana Marin, Magda Cârneci, Nora Iuga, Ana Blandiana, Nina Cassian, Grete Tartler, Buzea, Gabriela Melinescu, Marcela, Eta Boeriu, deși, ALINA PURCARU, Rubik, Catrina, și, Axinte, Ea, Oana, Medeea Iancu, Alexandra Rusu, PAULA ERIZANU, Charmides, Lucia Lupu Organizations: Facebook, Cartier, YouTube, Polirom, ICR, Lia, Curtea Veche, City University London, Uniunii Scriitorilor, UNESCO, Review, CNN, Calvert, Central European Initiative Locations: Republica Moldova și, literatură, Chișinău, New College, Londra, Republica Moldova, Leipzig, Ucraina, Slovenia, Cehia, Aeon, România, Moldova, România

☆ (FOTO) Măști împodobite cu diamante şi perle la preț de circa 10 000 de dolari. Vezi cum arată
▼ + stars: | 2020-11-25 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Trendsetterii japonezi se pot proteja acum împotriva noului coronavirus într-un stil luxos cu ajutorul unor măşti împodobite cu diamante şi perle în valoare de un milion de yeni (9.600 dolari) fiecare, relatează miercuri Reuters, citat de agerpres.ro. Lanţul Cox Co's Mask.com a început să vândă produsele fabricate manual săptămâna trecută, cu scopul de a înveseli oamenii şi de a stimula vânzările în industria modei grav afectată de pandemia COVID-19. Măştile cu diamante sunt împodobite cu un diamant de 0,7 carate şi peste 300 de cristale Swarovski, în timp ce măştile cu perle conţin aproximativ 330 de perle japoneze Akoya. "Industria bijuteriilor şi cea a hainelor au fost afectate din cauza coronavirusului şi am făcut acest lucru ca parte a unui proiect pentru a ajuta la revitalizarea Japoniei", a mai spus ea. Cox, parte a grupului de retail Aeon Co, a lansat Mask.com online şi în şase locaţii fizice din septembrie, oferind peste 200 de tipuri de măşti cu preţuri începând de la 500 de yeni.

Persons: Lanţul Cox, Mask.com, Swarovski, Cox Locations: Tokyo

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