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06 августа, 09:00

A decade after the financial meltdown, its underlying problems haven’t been fixed

The banks have, to a certain extent, changed their ways: but cheap credit, low interest rates and mountains of debt are still with usTen years ago this week, the global financial crisis started with a small rumble in France. Local bank BNP Paribas announced it was freezing the assets of three hedge funds with heavy exposures to the US sub-prime mortgage market. A little more than a year later, after the run on Northern Rock and the bailout of Bear Stearns in the US, the full earthquake arrived in the form of the collapse of Lehman Brothers, one of Wall Street’s biggest banks.We soon discovered the full horrors within the financial system. Banks had taken on risks they did not understand and called the process “innovation”. Credit rating agencies had fallen asleep. Weak or incompetent regulators, encouraged by politicians, had been idle. In the UK, RBS would be mostly nationalised and the ailing HBOS was shoved into the arms of Lloyds TSB with a state bailout to follow. Continue reading...

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20 июля, 12:22

These Australian Wagyu Cattle Are Fed On Cadbury's Chocolate

High-grade wagyu cattle are fed Cadbury's chocolate, cookies and candy at South Australia's Mayura Station, making it some of the world's most sought-after beef.

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16 июля, 17:09

Poundland delays launch of Twin Peaks chocolate bar amid legal row

Budget chain says launch will go ahead despite dispute with Toblerone, adding the product to its list of confectionery copycats Poundland has been forced to delay the launch of a Toblerone copycat after getting stuck in a legal wrangle with the triangular chocolate bar’s owners.Last month, the budget chain announced plans to begin selling Twin Peaks, a bar with two humps rather than the distinctive single peak chunks of the Toblerone bar, which is one of the discounter’s biggest sellers. Continue reading...

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09 июля, 20:08

Sainsbury’s finds itself in hot water over Fairtrade tea | Letters

The supermarket’s chief executive thinks the Fairtrade movement has become outdated, but Richard Webb disagreesMike Coupe is mistaken (Sainsbury’s under fire for dropping Fairtrade on tea, 6 July) in suggesting Fairtrade (and the Fairtrade mark) has become outdated. The Fairtrade mark is widely recognised and information is readily available for anyone unsure what it stands for (see the Fairtrade Foundation website). “Trying to bring clarity” to an environment with many different standards and labels (try to name more than three, Mr Coupe) by introducing yet another is not likely to succeed.History suggests that by taking back control, Sainsbury’s (following a lead by Cadbury) will bring benefits to the company and its shareholders rather than to its partner producers in the developing world. I will continue to buy only tea and chocolate that carry the Fairtrade mark (thank you, Co-op).Richard WebbPenistone Fairtrade Town Continue reading...

04 июля, 07:30

Jonathan Shainin calls this the best piece of 2017

Here is Jonathan on Twitter, and here is the LRB piece by James Meek, “Somerdale to Skarbimierz, James Meek follows Cadbury to Poland.” The article covers the economic and sociological effects of outsourcing and wage arbitrage, and how it affects communities and politics on both sides of the investment shift.  It is hard to excerpt, […] The post Jonathan Shainin calls this the best piece of 2017 appeared first on Marginal REVOLUTION.

29 июня, 16:24

Cybersecurity Stocks Shoot Up on Petya Ransomware Attack

Just a month after the WannaCrypt or WannaCry attack, the world was hit with another ransomware attack on Jun 27.

28 июня, 19:01

Global cyber attack hits thousands of computers with bitcoin demand

A CYBER attack wreaked havoc around the globe yesterday, crippling thousands of computers, disrupting operations at ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. The

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28 июня, 05:23

Хакеры взломали сайт австралийской шоколадной фабрики Cadbury

Хакеры взломали сайт австралийской шоколадной фабрики Cadbury

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28 июня, 05:21

Хакеры взломали сайт австралийской шоколадной фабрики Cadbury

Хакеры взломали сайт австралийской шоколадной фабрики Cadbury

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28 июня, 04:41

СМИ: австралийская шоколадная фабрика Cadbury подверглась кибератаке

Хакеры требуют выплаты выкупа в биткоинах, сообщает телекомпания ABC

27 июня, 18:00

New computer virus spreads from Ukraine to disrupt world business

FRANKFURT/WASHINGTON (Reuters) - A computer virus wreaked havoc on firms around the globe on Wednesday as it spread to more than 60 countries, disrupting ports from Mumbai to Los Angeles and halting work at a chocolate factory in Australia.

27 июня, 17:53

New computer virus spreads from Ukraine to disrupt world business

FRANKFURT/MOSCOW/KIEV (Reuters) - A new cyber virus spread from Ukraine to wreak havoc around the globe on Wednesday, crippling thousands of computers, disrupting ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia.

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25 июня, 02:02

Move by UK supermarkets threatens to bring Fairtrade crashing down

Tesco is to join Sainsbury’s in changing the branding of some ‘fairly traded’ productsWhen four Sainsbury’s executives met farmers from some of Africa’s biggest tea-growing co-operatives in a hotel in Nairobi last month it should have been a mutual celebration of Fairtrade, the gold standard of ethical trading and the world’s most trusted and best-known food certification scheme.But instead of backslapping at the Pride hotel, the world’s largest retailer of Fairtrade products precipitated the greatest crisis in the scheme’s 25-year history by telling the 13 major tea groups and their 228,000 co-operative members that it intended to drop the globally known Fairtrade mark for their produce, and replace it with the phrase “fairly traded”. Continue reading...

24 июня, 00:30

England’s Demarai Gray steps from bench to seize centre stage

After a season on the periphery at Leicester the forward has made an impact for England in the European Under-21 ChampionshipIt seemed Demarai Gray had been waiting to answer the question for some time. Clutching the boots which had just helped England reach the semi-finals of the European Under-21 Championship on Thursday night for the first time in four attempts, the forward who learned his trade in the junior section of Cadbury Athletic – the non-league club in Birmingham’s south-western suburbs, affiliated to the world-famous confectioners, that produced Liverpool’s Daniel Sturridge – twiddled his headphones in his hands and thought for a second.“It is all about opportunities,” he finally replied when asked about the key to his development. “Playing at first-team level is how you progress the best. You learn about the real game. Managers have to trust you and give you a chance. If they do, we will have more English talent coming on show.” Continue reading...

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09 июня, 08:15

Sweet success? New Zealand crowdfunding campaign raises millions in bid to save chocolate factory

Closure of Dunedin Cadbury would put 350 employees out of work but locals hope to buy its equipment and start a new factoryA crowdfunding campaign to save a chocolate factory in New Zealand has raised NZ$3.3 million in less than two days, prompting hopes that locals can continue the tradition of chocolate-making – and eating.Mondalez International announced in February it planned to close its 80-year-old Dunedin Cadbury factory next year, putting 350 employees out of work and shifting production to larger Australian plants. Continue reading...

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19 мая, 19:25

KitKat v Kvikk Lunsj: which four-fingered chocolate bar tastes best?

Nestlé has been trying to trademark KitKat’s shape – but is its taste equally distinctive? We put it and its doppelganger to the testSay what you like about Nestlé, but it is certainly dogged. This week, the court of appeal rejected its attempt to register KitKat’s four-finger shape as a UK trademark, but that it is just the latest stage in 11 years of Europe-wide KitKat legal wrangling between the Swiss food manufacturer and one of its competitors, Cadbury. Related: KitKat foiled again in attempt to trademark four-fingered bar's shape Continue reading...

17 мая, 15:21

Nestle проиграла судебный спор в Великобритании о форме шоколада KitKat

Британский апелляционный суд в среду отказался признать форму шоколадных плиток KitKat, продаваемых в Великобритании, основанием для регистрации отдельного товарного знака, поддержав тем самым решения Высокого суда Англии и Уэльса и Европейского суда.

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17 мая, 14:25

Nestle fails to trademark four-fingered KitKat shape

Confectionery giant Nestle loses out to Cadbury in its latest battle to trademark its four-fingered KitKat.

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17 мая, 12:15

KitKat foiled again in attempt to trademark four-fingered bar's shape

Court of appeal rules against Nestlé in its protracted battle with Cadbury over whether format should be protected by lawIt’s enough to make anyone need a sit-down with a cup of tea and a four-fingered chocolate wafer biscuit. The confectionery multinational Nestlé has lost the latest round of its long-running battle with rivals Cadbury to trademark the shape of the KitKat bar in the UK. The court of appeal ruled that the four-finger design had “no inherent distinctiveness”. Continue reading...

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08 мая, 18:59

Premier Foods secures extension on Cadbury cakes deal

Mondelez expands UK group’s licence to cover 46 countries and its flagship Oreo brand