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The German economy probably shrank by 1.8% in the first quarter because of COVID-19 restrictions, leading economic institutes said on Thursday as they revised their joint growth forecast for Europe's largest economy. The institutes now expect gross domestic product to grow by 3.7% this year, down from their previous forecast of 4.7%. The institutes estimate that COVID-19 restrictions have led households to save some 200 billion euros ($239.54 billion), Torsten Schmidt from the RWI institute said.
The "5G Convergent Charging Systems: a New Paradigm for Telecoms Monetisation Platforms" report has been added to ResearchAndMarkets.com's offering.
Dublin, April 15, 2021 (GLOBE NEWSWIRE) -- The "Technology Advances Enabling Sustainability in Building and Construction Industry" report has been added to ResearchAndMarkets.com's offering. This research service titled 'Technology Advances Enabling Sustainability in Building & Construction Industry' focuses on identifying and analysing technologies that can improve sustainability of the building and construction industry. The research also evaluates the impact of these technologies on the SDGs. The increasing industrialization and urbanization activities will further increase the global energy consumption and the subsequent carbon emissions thereby increasing the negative impacts of the building & construction industry on the environment. The improper disposal of hazardous and demolition waste into the environment in the construction industry also has a negative impact on the health of people living in the surrounding areas. These negative impact, therefore, presents a compelling case to adopt sustainable construction techniques, which will enable the reduction of carbon emissions and natural resource consumption, optimize water utilization, and minimize climate change consequences. I t is also necessary for the stakeholders involved to make use of innovative technologies to ensure enhanced material reuse and make use of energy-efficient technologies which also leads to achieving sustainability in the building & construction industry and will also help the stakeholders to cater to the Sustainable Development Goals (SDGs). In this research, three key technology areas are of focus, namely: Reducing embodied carbon using sustainable building materials.Improving energy efficiency using Net Zero Energy Buildings andThe incorporation of biophillic designs The research highlights various factors that facilitate technology development and adoption such as: Global and regional trends and initiativesStakeholder efforts such as collaborations, partnerships, funding and investments etc.Technology developments & Noteworthy stakeholders andGrowth Opportunities for stakeholders working towards improving sustainability in the Building and Construction Industry Key Topics Covered: 1.0 Strategic Imperatives 2.0 Executive Summary 2.1 Research Scope2.2 Research Methodology2.3 Key Findings - Sustainability in Building & Construction 3.0 Overview of Sustainability in the Building & Construction Industry 3.1 Need for Sustainability in Buildings & Construction Sector3.2 Adverse Negative Impacts of Building & Construction Sector on the Environment3.3 Key Factors influencing the Adoption of Sustainable Technologies in the Building and Construction Industry3.4 Environment Impact Evaluation Along the Building & Construction Value Chain3.5 Sustainable Approaches to Improve Sustainability in Building & Construction Sector3.6 The Building & Construction Industry's Impact on SDGs3.7 Key Sustainability Trends Improving the Building & Construction Industry 4.0 Technologies Enabling Sustainability Trends 4.1 Sustainable Building Materials4.1.1 Reduction of Embodied Carbon in Conventional Construction Materials4.1.2 Impact of Sustainable Building Materials on Sustainable Development Goals4.1.3 Impact of Sustainable Building Materials on Reducing Carbon Emissions during Construction4.1.4 Growing Interest in Reducing Embodied Carbon of Concrete and Adopting Bio-based Materials4.2 Net-zero Energy Buildings4.2.1 Emission Reduction Mandates are the Major Factors Driving the Adoption of Renewable Energy4.2.2 Improving Energy Efficiency and Integrating Technologies Enable the Construction of Net-zero Energy Buildings4.2.3 Impact of Net-zero Energy Buildings on Sustainable Development Goals4.2.4 Net-zero Energy Buildings with a Combination of Energy Conservation and Energy Generation Strategies4.2.5 Noteworthy Global Green Building Projects in Australia & The Netherlands4.2.6 Noteworthy Global Geen Building Projects in Canada & Singapore4.3 Biomimicry & Biophilic Design4.3.1 Convergence of Architectural Design and Biological Sciences to Enhance Sustainability4.3.2 Impact of Biophillic Design on Sustainable Development Goals4.3.3 Nature-Inspired Innovations Paving Way for Biophilic Buildings for Improved Health and Well-being 5.0 Industry Initiatives 5.1 Regulatory Initiatives for Enhancing Energy Efficiencies and Reducing Carbon Emissions in the Construction Industry5.2 Collaborations & Partnerships to Enhance Sustainability in the Construction Industry5.3 Increased Government Funding Has Enhanced Decarbonization of the Construction Industry5.4 Transformational Changes to the Construction Industry Due to Global Outbreak of the COVID-19 Pandemic 6.0 Companies to Action 6.1 Cost-effective Manufacturing Processes for Producing Geopolymer Concrete6.2 Use of Proprietary Bacterial Strains for Producing Bio-cement6.3 Industrial Hemp-based Materials for Sustainable Construction Processes6.4 Use of Residual Straw Bales as an Eco-friendly Alternative to Nurture Resource Conservation6.5 Installation of Smart Devices to Enhance Sustainability in Buildings6.6 Electrochromic Smart Glass Reduces Energy Consumption and Promotes Well-being 7.0 Growth Opportunities 7.1 Growth Opportunity 1: Disruptive Technologies Enhancing Sustainability in the Construction Industry7.2 Green Insulation Technologies Enhance Energy Efficiency and Well-being While Reducing Use of Non-renewable Materials7.3 Growth Opportunity 2: Technology Convergence Enhancing Sustainability in the Construction Industry7.4 Integration of Cool Roofs and Photovoltaics Reduces Heating and Cooling Costs By as much as 60%7.5 Growth Opportunity 3: Technology Investments Enhance Sustainability in the Construction Industry7.6 Collaborative Investments to Commercialize Sustainable Concrete Production Result in Significant Reductions in Carbon Emissions 8.0 Key Contacts 9.0 Next Steps For more information about this report visit https://www.researchandmarkets.com/r/yr44ps CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Host Ben Shephard said it was 'fabulous' news.
Daimler's Spanish unit can be liable for damages sought by companies affected by the German carmaker's role in a truck cartel fined by EU antitrust regulators five years ago, an adviser to Europe's top court said on Thursday. Should the court follow the non-binding opinion in the coming months, it could pave the way for companies to sue subsidiaries of other cartel members and other illegal price-fixing groups. The European Commission in 2016 handed out a then record 2.9 billion euro fine to the cartel which included Daimler, Swedish company Volvo, Iveco, which is part of Italian truck and tractor maker CNH Industrial, and DAF Trucks, owned by U.S. company Paccar.
The "Physical Identity and Access Management (PIAM) Software Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The "Luxury Vinyl Tiles (LVT) Flooring - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The track appears on Van Etten's anniversary album Epic Ten
LOCATION: KABUL, AFGHANISTANMeet fashion designer Maryam Yousufi Her clothes fuse Western style with traditional Afghan designAn e-commerce platform connects her with customers Click.af launched in 2016 and began shipping globally last yearNAME: MARYAM YOUSUFI, BUSINESSWOMAN AND DESIGNER"It was very appealing to me when I saw movies showing people in other countries choosing or selling clothes through an application. Fortunately, we currently have this platform in Afghanistan, and how good it is that I have clothes on it? As a girl from this country where many women have a hard time, I am delighted to have done this."Yousufi works on her business at nightafter finishing her day job in media
WisdomTree Issuer plc – Daily Fund Prices 14-April-21 WisdomTree Artificial Intelligence UCITS ETF - USD Acc14/04/2021IE00BDVPNG137543541USD470,903,308.2662.4247WisdomTree AT1 CoCo Bond UCITS ETF – USD14/04/2021IE00BZ0XVF52513029USD54,007,920.83105.2726WisdomTree AT1 CoCo Bond UCITS ETF – EUR Hedged14/04/2021IE00BFNNN236324036EUR33,995,118.86104.9115WisdomTree AT1 CoCo Bond UCITS ETF – GBP Hedged14/04/2021IE00BFNNN45934640GBP3,685,949.50106.4073WisdomTree AT1 CoCo Bond UCITS ETF – USD Acc14/04/2021IE00BZ0XVG6942463USD5,183,986.84122.0824WisdomTree AT1 CoCo Bond UCITS ETF – USD Hedged14/04/2021IE00BFNNN01247006USD5,254,504.14111.7837WisdomTree Battery Solutions UCITS ETF - USD Acc14/04/2021IE00BKLF1R758058534USD362,054,144.7544.928WisdomTree Cloud Computing UCITS ETF - USD Acc14/04/2021IE00BJGWQN7213208000USD671,181,404.8850.8163WisdomTree Cybersecurity UCITS ETF - USD Acc14/04/2021IE00BLPK3577510000USD11,478,842.9922.5075WisdomTree Emerging Markets Equity Income UCITS ETF14/04/2021IE00BQQ3Q0672637109USD41,371,998.5815.6884WisdomTree Emerging Markets Equity Income UCITS ETF Acc14/04/2021IE00BDF12W4990558USD2,019,687.0622.3027WisdomTree Emerging Markets Small Cap Dividend UCITS ETF14/04/2021IE00BQZJBM261630000USD31,768,836.2619.4901WisdomTree Enhanced Commodity UCITS ETF – CHF Hedged Acc14/04/2021IE00BG88WL21210000CHF2,334,966.3311.1189WisdomTree Enhanced Commodity UCITS ETF – EUR Hedged Acc14/04/2021IE00BG88WG773050000EUR31,653,456.4810.3782WisdomTree Enhanced Commodity UCITS ETF – GBP Hedged Acc14/04/2021IE00BG88WH841975000GBP20,918,353.1810.5916WisdomTree Enhanced Commodity UCITS ETF - USD14/04/2021IE00BZ1GHD371125000USD12,691,936.3711.2817WisdomTree Enhanced Commodity UCITS ETF - USD Acc14/04/2021IE00BYMLZY7411425000USD134,177,171.9511.7442WisdomTree EUR Aggregate Bond Enhanced Yield UCITS ETF – EUR14/04/2021IE00BD49R912186389EUR10,126,671.1954.3308WisdomTree EUR Aggregate Bond Enhanced Yield UCITS ETF – EUR Acc14/04/2021IE00BD49RB3976339EUR4,244,223.0755.597WisdomTree EUR Government Bond Enhanced Yield UCITS ETF14/04/2021IE00BD49RJ1512743EUR701,851.0655.0774WisdomTree EUR Government Bond Enhanced Yield UCITS ETF – EUR Acc14/04/2021IE00BD49RK2047000EUR2,649,441.9356.3711WisdomTree Europe Equity Income UCITS ETF14/04/2021IE00BQZJBX311732717EUR19,987,680.6211.5355WisdomTree Europe Equity Income UCITS ETF Acc14/04/2021IE00BDF16007352386EUR5,147,177.2014.6066WisdomTree Europe Equity UCITS ETF - CHF Hedged Acc14/04/2021IE00BYQCZT117703CHF148,996.3819.3426WisdomTree Europe Equity UCITS ETF - EUR Acc14/04/2021IE00BYQCZX56269545EUR5,316,977.8719.7258WisdomTree Europe Equity UCITS ETF - GBP Hedged14/04/2021IE00BYQCZQ89131454GBP1,624,858.1212.3607WisdomTree Europe Equity UCITS ETF - USD Hedged14/04/2021IE00BVXBH1631135423USD23,283,986.3420.5069WisdomTree Europe Equity UCITS ETF - USD Hedged Acc14/04/2021IE00BYQCZP721988673USD48,088,585.3324.1812WisdomTree Europe Small Cap Dividend UCITS ETF14/04/2021IE00BQZJC5271607964EUR31,284,578.5919.456WisdomTree Europe Small Cap Dividend UCITS ETF Acc14/04/2021IE00BDF16114263593EUR4,749,069.0918.0167WisdomTree European Union Bond UCITS ETF - EUR Acc14/04/2021IE00BMXWRM76160000EUR15,557,575.9597.2348WisdomTree Eurozone Quality Dividend Growth UCITS ETF - EUR14/04/2021IE00BZ56SY76547208EUR10,453,451.8219.1033WisdomTree Eurozone Quality Dividend Growth UCITS ETF - EUR Acc14/04/2021IE00BZ56TQ67679042EUR14,843,965.8721.8602WisdomTree Global Quality Dividend Growth UCITS ETF - USD14/04/2021IE00BZ56RN96319521USD9,345,425.0229.2482WisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc14/04/2021IE00BZ56SW521990284USD63,225,988.1231.7673WisdomTree Japan Equity UCITS ETF - CHF Hedged Acc14/04/2021IE00BYQCZL3585650CHF1,806,518.8421.0919WisdomTree Japan Equity UCITS ETF - EUR Hedged Acc14/04/2021IE00BYQCZJ13201551EUR3,637,182.1918.046WisdomTree Japan Equity UCITS ETF - GBP Hedged14/04/2021IE00BYQCZF7489539GBP1,037,911.3511.5917WisdomTree Japan Equity UCITS ETF - JPY Acc14/04/2021IE00BYQCZN5839960USD915,422.7322.9085WisdomTree Japan Equity UCITS ETF - USD Hedged14/04/2021IE00BVXC48541231738USD22,592,832.3018.3422WisdomTree Japan Equity UCITS ETF - USD Hedged Acc14/04/2021IE00BYQCZD50400818USD8,434,773.0721.0439WisdomTree UK Equity Income UCITS ETF14/04/2021IE00BYPGTJ261800000GBP8,031,922.974.4622WisdomTree US Equity Income UCITS ETF14/04/2021IE00BQZJBQ63794894USD16,582,723.2420.8616WisdomTree US Equity Income UCITS ETF - EUR Hedged Acc14/04/2021IE00BD6RZW238073EUR149,263.2018.4892WisdomTree US Equity Income UCITS ETF - GBP Hedged Acc14/04/2021IE00BD6RZZ53294189GBP4,888,202.4016.6159WisdomTree US Equity Income UCITS ETF Acc14/04/2021IE00BD6RZT931541920USD34,560,968.9722.4142WisdomTree US Quality Dividend Growth UCITS ETF - 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The "Global Semiconductor Wafer Inspection Equipment Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.
Dublin, April 15, 2021 (GLOBE NEWSWIRE) -- The "In-vehicle Air Purifier - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The global in-vehicle air purifier market by revenue is expected to grow at a CAGR of approx. 11% during 2020-2026.The global automotive air filter market is observing a shift from conventional purifiers to smart technology. The inclusion of prominent technologies - HEPA, active carbon systems, and photocatalytic is likely to increase vendors' growth opportunities. Vendors are expected to incorporate features such as Bluetooth speaker, USB, lights, air conditioner to cool, fan to circulate air, dehumidifier to remove moisture to increase penetration. Hence, multifunctional in-vehicle air purifiers are expected to increase the market demand during the forecast period. Further, the increased awareness of air filters among consumers has driven innovations in the industry. An increasing trend of multifunctional compact and simple designs of these devices is driving market adoption. Major vendors are investing in R&D activities to manufacture augmented products for the future. Innovations and feature-enrichment in-car air purifiers have evolved as a trend among the key players.Global In-Vehicle Air Purifier Market SegmentationThe market is expected to be strong in the next six years. Also, vehicle production in this region is the highest globally, and it is estimated that the region would show promising growth. Moreover, countries such as Malaysia and Indonesia are taking initiatives to increase awareness of these technologies. Although the hybrid in-vehicle air purifier market is currently at the introductory phase, the increased knowledge of these products is expected to increase during the forecast period. The increasing collaboration between manufacturers is likely to contribute to the global in-vehicle air purifier market growth.Standardization of air purifiers in sedans and SUVs is expected to increase OEMs' market share during the forecast period. High-end manufacturers in the US have started including built-in air filters and fragrance disseminators in their vehicles. Hence, the increase in air pollution and product standardization is expected to drive automobile manufacturers to provide in-built air purifiers as a standard accessory, thereby providing growth opportunities for OEMs.A high percentage of passenger vehicles are equipped with in-vehicle air purifiers, which are likely to increase the market share. Several automobile manufacturers in China have shown interest in automotive air purifiers (AAP). Moreover, automotive air purifiers are becoming handy solutions against allergies and ensure sanitization. They are exported to the Americas and Europe. However, India is emerging as the most lucrative market for these products as the country is witnessing deterioration in air quality levels. The commercial in-vehicle air purifier market is expected to grow as several heavy vehicle manufacturers are expected to invest in this technology. The demand for HEPA filters increases as they effectively remove small particles and pollutants; however, they require high maintenance. APAC accounts for maximum demand for HEPA filters on account of high air pollution levels in several countries. Strict government regulations to improve air quality and the increasing consumer spending are expected to drive the demand. The HEPA purifier market is fragmented due to several small and national vendors and is expected to be highly competitive with increased investments.With the increase in e-commerce worldwide, manufacturers have shifted to online sale platforms. The online in-vehicle air purifier market is currently observing growth. However, the offline segment is expected to flourish during the forecast period as the B2C segment will gradually shift toward B2B with vendors' partnerships with automotive manufacturers. In 2020, the online segment observed growth, particularly due to the COVID-19 virus. Moreover, online platforms are growing as they offer discounts and free-of-cost aftermarket service. INSIGHTS BY VENDORSThe global in-vehicle air purifier market is in the growth stage, and it has achieved popularity and penetration in several countries such as China and the US. The market consists of several players, making it highly fragmented. Philips Ltd., 3M, and Honeywell are the major vendors capturing the largest market share. In APAC, Europe, and North America, major players account for more than 80% of the overall share. There are immense opportunities for vendors to expand their business in high pollution regions and densely populated areas. Since the entry barriers are low, the in-vehicle air purifier market is flexible. This increases the focus of mergers or acquisitions and is also expected to enable manufacturers to intensify product innovation and improve the customer experience. Market Dynamics Market Opportunities & Trends Increasing Technological AdvancementsIncreasing Use Of Multi-Functional In-Vehicle Air Purifiers Market Growth Enablers Growing UrbanizationIncreasing Health Problems Due To Air PollutionGrowth In Automotive Sector Market Restraints In-Built Filters In Air Conditioning SystemsEmission Of Pollutants From Smart Air Purifiers Prominent Vendors Philips Ltd.3MHoneywell Other Prominent Vendors SharpBlueairBlaupunktAmwayAirlabsBonecoCowayEureka ForbesIQAirGreenTech EnvironmentalPure EnrichmentAnsioKent ROLivpureNebelrOlansi HealthcarePurafilPuritaVantroXiaomi For more information about this report visit https://www.researchandmarkets.com/r/hyw34k CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Michele K. Short/HBOMare of Easttown is one of those shows that makes it hard to fall asleep after watching. It may not seem that way after its scene-setting, though still engrossing, premiere on HBO Sunday night, but the mystery-thriller speeds through a winding maze of twists, startling you after each hairpin plot turn.Marketing materials tease the Kate Winslet-starring drama using a line of dialogue that compares solving one of the show’s crimes to finding “a needle in a thousand haystacks.” As the episodes unfold, in each of those haystacks is another disturbing grenade of information, just waiting to detonate.You’d be excused for assuming Mare of Easttown, based on a first-episode impression, is the kind of crime drama you’ve seen before. “It’s like True Detective! Or Broadchurch! Or Top of the Lake!” you could rightfully recommend to a friend. That’s not meant as a deterrent; you’ve probably loved and devoured those shows.Like those series, there’s meticulous crafting of a place and its people, transporting you to a fictionalized town in the Delaware County suburb of Philadelphia, both affectionately and self-deprecatingly referred to as “Delco” by locals. There’s an inescapable dourness, the chill of its winter setting manifesting in the pile-up of tragedy and pain experienced by the characters. And, like far too many HBO dramas before it, graphic acts of violence against women are central to the plot—at this point an exasperating, played-out device. Stellan Skarsgard Is Finally Seizing the SpotlightBut what starts as the familiar slow burn of those other shows—a close-knit community is rocked by a murder that a hardened local detective must investigate—quickly catches fire, becoming a powerful portrait of grief, trauma, and the devastating secrets buried in this claustrophobic town’s tangled web of relationships.Critics were provided five of seven episodes to review. The panic attack I had watching the events of episode four and the way that, after five, I’m bereft at having to last one more minute without seeing the other two… Let’s just say that despite all the faults of the series, it’s one that knows how to hook you and then reel you in fast, like you’re being dragged through choppy waters by a speedboat.Winslet, returning to television for the first time since her Emmy-winning turn in Mildred Pierce a decade ago, plays Mare, a local legend (she made an important shot in an important high school basketball game 25 years ago) who is now a veteran detective in the same town, investigating, as she describes it, all the “burglaries, overdoses, and the really bad crap that happens around here.”Her born-and-bred ties to the community make her the first call for everyone, regardless of how beneath her pay grade the “emergency”—a neighbor wakes her up with a panicked phone call about a “peeper” she swears was spotted in the backyard. That she knows everyone and everyone knows her is both an asset and a roadblock to her job; an out-of-town detective (Evan Peters’ Colin Zabel) who joins her for a case can’t help but smirk each time it’s revealed that a suspect or witness is her cousin, childhood friend, or both.But her local fame is hardly a bulletproof vest. The teenage daughter of one of her former high school teammates disappeared over a year ago, and her failure to provide any answers has started to draw the ire not just of the girl’s mother, but the entire town. When another tragedy befalls a local girl, they’re skeptical she can handle the case.That the investigation consumes her only hastens her unraveling. She lives at home with her mother, Helen (Jean Smart, serving up a masterclass in how to steal a scene), her teenage daughter, and her 4-year-old grandson, who she’s raising following the death by suicide of her son (and the boy’s father). Her ex-husband lives in the house behind hers with his new fiancée, her grandson’s ex-addict mother is pursuing custody, and her friendships are tested as the case starts to involve those she’s known all her life.You witness the weight of all this threatening to crush Mare, with Winslet showing how every step she takes requires effort: lifting her injured foot to move under the force of all her grief, fighting the attacks of her personal demons as they work against her ability to investigate the case. It’s a staggering, lived-in performance, the kind that Winslet hinted at in the recent period drama Ammonite, but brought down to earth in a way that escapes the blue-collar drag movie stars can sometimes wear in roles like this.There will be much dissection to come of Winslet’s labor-intensive, at time distractingly mannered Delco accent, in which “water” becomes “wudder” and long “o” sounds terrorize the most basic of nouns: “phone” is “fewn” and “home” is “hewm.”I’ve spent a lot of time in Delco and around its defectors, and, honestly, every time you hear a strong version of the accent it sounds so outrageous that it’s hard to decipher if Winslet’s swing-for-the-fences attempt nails it or not.She’s surrounded by a cast that does a more natural, subtle version of it, like Smart and Julianne Nicholson, who plays Mare’s best friend. But the accent is just one layer of the rare, multidimensional look at a community with generational roots that all intertwine. Supporting characters are rarely undeveloped plot devices or stereotypes. It’s not Tinseltown leering at a working-class area, but rather a clear-eyed look into people’s daily struggles and the ways those can avalanche into the kind of trauma you can’t outrun.The relentless reminders of the violence that has been inflicted on the young girls at the center of the show’s mystery causes the show to skirt dangerously close to tragedy porn. Admirable space is given to the pain that not just Mare, but even tertiary characters, are enduring, which can sometimes settle like a fog of misery over the already dark and dreary Easttown. HBO But unlike the recent I Know This Much Is True, whose onslaught of misfortune could be too much of an emotional slog to endure, Mare of Easttown finds the lightness and levity in survival and pushing through, because what else is there to do?Peters’ Detective Zabel forms an amusing buddy-cop comic relationship with Mare, while Smart’s litany of deadpan, sardonic line deliveries—tossed off at Mare in a mother-daughter repartee familiar to anyone who has spent much time in close quarters with a parent—will surely be clipped and .GIF’d until the actress’ entire screen time has been meme’d.Having not seen the final episodes—give them to me now, HBO!—I can’t speak to how the various threads are tied up, or whether it careens off the rails after an intriguing start, a la The Undoing. But even not taking into account how sleepy 2021 has been for TV dramas, this is one that whisks you away, even if it hits a few bumps in the road.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
Ever wanted to share your screen or remember what was in your clipboard history? Kim Komando has 5 Windows 10 tips you wish you already knew.
Here's the latest for Thursday April 15th: Protests in Minnesota as officer is charged; Biden Administration prepares to announce sanctions on Russia; Massive Coast Guard search off Louisiana coast; California Gov. wants schools reopened.
Black and Hispanic drivers are disproportionately targeted for traffic stops. Could these changes in Fayetteville, North Carolina work elsewhere?
Seasonal rain to become more ‘chaotic’ — disrupting drinking water and food supplies for millions
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First Quarter 2021 Revenue - Returning to growth in Q1 in a challenging environment April 15, 2021 Solid organic growth of +2.8% in Q1, thanks to our transformationU.S. positive for the second quarter in a row at +5.1% organic, with: Publicis Sapient at +11.2% Mid-single digit growth for Epsilon for the 2nd consecutive quarter, at +4.7% Double-digit growth in digital media Acceleration of organic growth in Asia at +5.7%, +3.0% in ChinaSequential improvement in Europe at -1.8% (+2.8% excluding MediaTransports and the Drugstore)Uncertainties remain due to still evolving sanitary conditions Q1 2021 § 2021 Net revenue €2,392m§ 2020 Net revenue €2,481m§ Organic growth+2.8%§ Growth at constant currencies+2.7%§ Reported growth-3.6% Arthur Sadoun, Chairman and CEO of Publicis Groupe: “In an environment that remains challenging, Publicis Groupe is returning to positive organic growth. Thanks to the effects of our transformation, we posted a solid +2.8% in Q1, ahead of expectations. This performance is mainly driven by the U.S. and Asia, which already outperformed all of our competitors in 2020. Our U.S. operations were positive for the second quarter in a row, with +5.1% organic growth. We continued to capture a disproportionate amount of the shift in client investment towards digital channels, e-commerce and DTC, as demonstrated in the acceleration of Publicis Sapient’s U.S growth at +11.2%. It is also visible with Epsilon, posting mid-single digit growth for the second consecutive quarter, at +4.7%. In Asia, we reported an acceleration in organic growth of +5.7% for Q1. China returned to growth at +3.0%, as it began to benefit from a strong series of wins over the past 18 months. Europe meanwhile is showing sequential improvement, with a performance that was slightly down in Q1 at -1.8%. Excluding Mediatransports, and The Drugstore, on the Champs-Elysées, organic growth in Europe was at +2.8%. Some countries like France and Germany are returning to growth, but ongoing lockdowns weighed on some of our operations. On the new business front, Q1 has been very busy, with some structural wins like L’Oréal Media business in China, Infinity’s global creative, AB Inbev’s data business, Toyota’s entire advertising portfolio in Australia, Unilever Shopper Marketing and Samsung media in the U.S. For the rest of the year, we will continue to focus on our main priorities: putting our people first by safeguarding their health and wellbeing; staying close to our clients, who are under pressure to reinvent their business model; and accelerating on our product roadmap, which is advancing well, as demonstrated by our recent partnership with The Trade Desk. Of course, returning to growth earlier than expected raises even further the confidence we have in our model, and I would like to thank our people for their incredible efforts and our clients for their trust. Nonetheless, we remain cautious in what is a still very challenging environment.” * * * NET REVENUE IN Q1 2021 Publicis Groupe’s net revenue in Q1 2021 was 2,392 million euros, down by 3.6% from 2,481 million euros in 2020. Exchange rates had a negative impact of 151 million euros. Acquisitions, net of disposals, accounted for a decrease in net revenue of 3 million euros. Organic growth stood at +2.8%, a solid number supported by the performance in the U.S. Breakdown of Q1 2021 Net revenue by region EURNet revenueReportedOrganicmillionQ1 2021Q1 2020GrowthGrowthNorth America1,5051,555-3.2%+4.7%Europe561578-2.9%-1.8%Asia Pacific217219-0.9%+5.7%Middle East & Africa 6275-17.3%-11.0%Latin America4754-13.0%+7.7%Total2,3922,481-3.6%+2.8% North America net revenue was up by 4.7% on an organic basis in Q1 2021, down by 3.2% reported due to the US dollar exchange rate. This includes a solid performance in the U.S., up by 5.1% on an organic basis, demonstrating further sequential improvement and positive for the second quarter in a row. This is the result of a faster than expected economic recovery in the country, combined with the strength of the Groupe’s model that allowed to capture the shift in client investment towards digital, e-commerce and direct-to-consumer. Publicis Sapient was up by 11.2%, benefitting from the encouraging pipeline that started to pick up in Q3 2020. Epsilon recorded a +4.7% growth, driven by digital media, data practice, as well as recovery in automotive and further cross-fertilization with existing Groupe’s clients. Outside Epsilon, digital media activities were up double digit, supporting the growth of Media overall. Creative was broadly flat and Health activities were up double digit for the fourth consecutive quarter. Canada was down 4.4% organically. Net revenue in Europe was down by 2.9% on a reported basis. It was down by 1.8% on an organic basis, but it is worth mentioning that excluding the French outdoor media activities and the Drugstore, Europe was up by 2.8% on an organic basis. Some countries like France and Germany returned to organic growth, at +4.9% (excluding MediaTransports and the Drugstore) and +6.0% respectively. But ongoing government restrictions in the region continued to weigh on some of our largest operations, like in the UK, which declined organically by -3.4%. Net revenue in Asia Pacific was down by 0.9% on a reported basis, but returned to positive on an organic basis at +5.7%. China, which was the first country impacted by the Covid-19 pandemic in 2020, posted an organic growth of +3.0% thanks to a better sanitary context and strong series of wins. India and Australia both recorded dynamic organic growth in Q1. Middle East & Africa declined by 17.3% in net revenue, or -11.0% on an organic basis, remaining impacted by the sanitary situation and impacted by a particularly high comparison base for Publicis Sapient. Net revenue in Latin America was down by 13.0% on a reported basis due to currency impact, it was up by 7.7% on an organic basis. Brazil was broadly flat, while Mexico, Argentina and Columbia saw an increase in organic growth. Breakdown of net revenue at March 31, 2021 by sector On the basis of 2,984 clients representing 92% of net revenue NET DEBT AND LIQUIDITY Net debt totaled 1,866 million euros at the end of March 2021, compared with 833 million euros at year-end 2020, reflecting the seasonality in the activity. Net debt was 4,094 million euros at the end of March 2020. The Groupe’s average net debt stood at 1,497 million euros in the first quarter 2021, compared to 3,486 million euros in the first quarter 2020. The Groupe’s liquidity position remains very solid, at 5.1 billion euros, improving by around 400 million euros compared to 4.7 billion euros a year ago. Furthermore, following the merger of MMS USA Investments Inc. into MMS USA Holdings Inc. that took place on March 31st 2021, MMS USA Holdings Inc. is the new issuer of the 2025 (FR0013425139), 2028 (FR0013425147), et 2031 (FR0013425154) eurobonds. ACQUISITIONS AND DISPOSALS There were no significant transaction on the period. OUTLOOK The first quarter demonstrated a better than expected start of the year. As far as Q2 is concerned, the Groupe expects to recover between 60% to 80% of what it lost in Q2 2020, implying an organic growth between 8% and 10%, assuming no further deterioration in sanitary conditions. The crisis is not over yet, and a limited visibility continues to prevent the Groupe from giving a full year revenue guidance for 2021. As announced at the Full Year 2020 results, the Groupe will update further in July at its Half Year 2021 results, when the visibility on the economic and sanitary situation will have improved. In the meantime, the Groupe will continue to manage its cost base and its cash tightly while preserving its agility and investing in future growth, providing confidence in delivering on the margin and cash objectives set for the year. The Groupe confirms that its operating margin rate will improve by up to 50 basis points in 2021, consolidating further the achievement of 2020. The Groupe also confirms that its free cash flow before change in working capital should be around 1.2 billion euros in 2021, contributing to the Groupe’s deleveraging plans. NEW BUSINESS EUROPE Pandora AS (Technology), Polestar Performance AB (Technology), Nomad Foods (Media), La Poste (Creative), Société des Produits Nestlé (Technology), Daimler (Technology), Unilever (Technology), PMU (Technology), TUI Group (Creative), Groupe Casino (Creative), SNCF (Creative), FNPCA - ARTISANAT (Creative), Procter & Gamble (Creative), Etihad Airways (Media), Sephora (Data), April (Technology), ABBVIE (Creative), France Télévisions (Data), Izneo (Media), Enedis (Creative), G-Star (Creative), Zava (Technology), Comic Relief (Creative), Brown Forman (Media), Vinted (Media), DocMorris N.V. (Media), Reckitt Benckiser (Media) NORTH AMERICA Loblaw Digital (Technology), Verizon Wireless Digital (Technology), Mercedes-Benz USA (Technology), National Cancer Institute (Technology), Academy Sports & Outdoors (Technology), Comcast Corporation (Technology), The Depository Trust & Clearing Corp (Technology), Fiat Chrysler Automobiles (Technology), Sally Beauty (Media), Inspire Brands (Media), Samsung (Creative), Alcohol and Gaming Commission of Ontario (Creative), Unilever (Creative), Procter & Gamble (Creative), Hut 8 Bitcoin Mining (Creative), Mercedes-Benz (Creative), MacDonald, Dettwiler and Associates Inc (Creative) ASIA PACIFIC/MEA Garena Online (Creative), PRC - Martell (Creative), L'Oréal (Media & Creative), Yili (Creative), Yinlu (Creative), Capital Foods (Creative), Diageo (Creative), Yinlu (Creative), Others (Creative), Ecco (Creative), AXA (Creative), Samsung (Digital), Penang South Island (Power of One), Spotify (Creative), AMC (Creative), Mercedes-Benz (Creative), Nestle Content (Production), Medgulf (Creative), Essilor (Creative), Nestlé (Wyeth) (Power of One), Sephora (Creative), Toyota Motor Corporation (Creative & Media) LATAM Grupo SURA (Data), Banco Bradesco (Creative), Citigroup (Production), Pfizer (Creative), Astrazeneca (Creative), Compania Nacional de Chocolates de Peru S.A. (Creative), Visa (Creative), Grupo Nutresa (Creative), Mercedes-Benz (Creative), Heineken (Creative), PepsiCo (Digital), Grupo Bimbo (Creative), Procter & Gamble (Creative & Data) GLOBAL AB InBev (Data), Nissan Motor Corporation – Infiniti (Creative) * * * Disclaimer Certain information contained in this document, other than historical information, may constitute forward-looking statements or unaudited financial forecasts. These forward-looking statements and forecasts are subject to risks and uncertainties that could cause actual results to differ materially from those projected. These forward-looking statements and forecasts are presented at the date of this document and, other than as required by applicable law, Publicis Groupe does not assume any obligation to update them to reflect new information or events or for any other reason. Publicis Groupe urges you to carefully consider the risk factors that may affect its business, as set out in the Universal Registration Document filed with the French Autorité des Marchés Financiers (AMF) and which is available on the website of Publicis Groupe (www.publicisgroupe.com), including an unfavorable economic climate, a highly competitive industry, risks associated with the confidentiality of personal data, the Groupe’s business dependence on its management and employees, risks associated with mergers and acquisitions, risks of IT system failures and cybercrime, the possibility that our clients could seek to terminate their contracts with us on short notice, risks associated with the reorganization of the Groupe, risks of litigation, governmental, legal and arbitration proceedings, risks associated with the Groupe’s financial rating and exposure to liquidity risks. About Publicis Groupe - The Power of OnePublicis Groupe [Euronext Paris FR0000130577, CAC 40] is a global leader in communication. The Groupe is positioned at every step of the value chain, from consulting to execution, combining marketing transformation and digital business transformation. Publicis Groupe is a privileged partner in its clients’ transformation to enhance personalization at scale. The Groupe relies on ten expertise concentrated within four main activities: Communication, Media, Data and Technology. Through a unified and fluid organization, its clients have a facilitated access to all its expertise in every market. Present in over 100 countries, Publicis Groupe employs around 80,000 professionals. www.publicisgroupe.com | Twitter:@PublicisGroupe | Facebook | LinkedIn | YouTube | Viva la Difference! ContactsPublicis Groupe Delphine StrickerAlessandra GirolamiCorporate CommunicationsInvestor Relations+ 33 (0)6 38 81 40 00+ 33 (0)1 44 43 77 88delphine.stricker@publicisgroupe.comalessandra.girolami@publicisgroupe.comBrice ParisInvestor Relations+ 33 (0)1 44 43 79 26brice.paris@publicisgroupe.com Appendices Net revenue: organic growth calculation (million euro)Q1 Impact of currency at end March 2021 (million euro)2020 net revenue2,481 GBP (2)(2)Currency impact (2)(151) USD (2)(122)2020 net revenue at 2021 exchange rates (a)2,330 Others(27)2021 net revenue before acquisition impact (b)2,395 Total(151)Net revenue from acquisitions (1)(3) 2021 net revenue 2,392 Organic growth (b/a)+2.8% (1) Acquisitions (Octopus UK, Third Horizon), net of disposals (PC Epsilon Fitness, Sirius, Found) (2) EUR = USD 1.199 on average in Q1 2021 vs. USD 1.102 on average in Q1 2020 EUR = GBP 0.870 on average in Q1 2021 vs. GBP 0.861 on average in Q1 2020 Definitions Net revenue: Revenue less pass-through costs which comprise amount paid to external suppliers engaged to perform a project and charged directly to clients. Those costs are mainly production & media costs and out of pocket expenses. Organic growth: Change in net revenue excluding the impact of acquisitions, disposals and currencies. Net Debt (or financial net debt): Sum of long and short financial debt and associated derivatives, net of treasury and cash equivalents excluding lease liability since 1st January 2018. Average net debt: Average of monthly net debt at end of each month.
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