Trade

Minister MacAulay opens Canada's first-ever Indo-Pacific Agriculture and Agri-Food Office

Retrieved on: 
Wednesday, February 21, 2024

While in Manila, Philippines, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, joined Canadian stakeholders, government partners, and dignitaries to officially open Canada's Indo-Pacific Agriculture and Agri-Food Office (IPAAO) and begin a new chapter for Canada's engagement in the region.

Key Points: 
  • While in Manila, Philippines, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, joined Canadian stakeholders, government partners, and dignitaries to officially open Canada's Indo-Pacific Agriculture and Agri-Food Office (IPAAO) and begin a new chapter for Canada's engagement in the region.
  • "I'm so pleased to be in Manila to open Canada's first-ever Indo-Pacific Agriculture and Agri-Food Office.
  • -       The Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food
    "Today's opening of the Indo-Pacific Agriculture and Agri-Food Office in Manila marks an exciting milestone in Canada's Indo-Pacific Strategy!
  • This office will expand our trade network at home and abroad, and create opportunities for Canadian businesses working in the agriculture and agri-food sector.

CFP Board Appoints Seasoned National Not-for-Profit Leader Lisa Davis as Chief Program Officer

Retrieved on: 
Friday, February 16, 2024

WASHINGTON, Feb. 16, 2024 /PRNewswire/ -- After an extensive nationwide search, CFP Board announced today that it has appointed Lisa Davis as its Chief Program Officer.

Key Points: 
  • WASHINGTON, Feb. 16, 2024 /PRNewswire/ -- After an extensive nationwide search, CFP Board announced today that it has appointed Lisa Davis as its Chief Program Officer.
  • "Lisa's proven track record in spearheading integrated program and engagement strategies aligns seamlessly with CFP Board's values and strategic priorities ," said CFP Board CEO Kevin R. Keller, CAE .
  • Davis joins CFP Board from Share Our Strength, where she has served as Senior Vice President, Program and Advocacy since 2016.
  • Based in CFP Board's Washington, D.C., headquarters, Davis will report to CFP Board CEO Kevin Keller.

Bybit Deepens Partnership with SATOS, a VASP License Holder, Establishing Local Office with Open-Door Policy for Crypto Enthusiasts

Retrieved on: 
Friday, February 16, 2024

Through the strategic partnership, users in the Netherlands can continue to enjoy:

Key Points: 
  • Through the strategic partnership, users in the Netherlands can continue to enjoy:
    Effortless Fiat Deposits and Withdrawals: Seamless transitions between EUR and cryptocurrencies remain a breeze.
  • This initiative will not only ensure adherence to local regulations but also enable us to better serve the Dutch crypto community.
  • In addition to providing support and expertise, this office will also open its doors to all crypto enthusiasts who are seeking a co-working space.
  • This collaborative environment will foster creativity, networking, and knowledge-sharing among members of the crypto community, further strengthening the bonds within the industry.

Bybit Deepens Partnership with SATOS, a VASP License Holder, Establishing Local Office with Open-Door Policy for Crypto Enthusiasts

Retrieved on: 
Friday, February 16, 2024

Through the strategic partnership, users in the Netherlands can continue to enjoy:

Key Points: 
  • Through the strategic partnership, users in the Netherlands can continue to enjoy:
    Effortless Fiat Deposits and Withdrawals: Seamless transitions between EUR and cryptocurrencies remain a breeze.
  • This initiative will not only ensure adherence to local regulations but also enable us to better serve the Dutch crypto community.
  • In addition to providing support and expertise, this office will also open its doors to all crypto enthusiasts who are seeking a co-working space.
  • This collaborative environment will foster creativity, networking, and knowledge-sharing among members of the crypto community, further strengthening the bonds within the industry.

The Trade Desk Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, February 15, 2024

Discovery announced integration with UID2 across its premium entertainment, sports, news and lifestyle brands with its digital platforms, including Max and Discovery+.

Key Points: 
  • Discovery announced integration with UID2 across its premium entertainment, sports, news and lifestyle brands with its digital platforms, including Max and Discovery+.
  • Walmart Connect announced it is testing the integration of UID2 to inform decisioning across the open internet within the Walmart DSP.
  • The Company expects the variability of the above charges could have a significant and potentially unpredictable impact on our future U.S. GAAP financial results.
  • Accordingly, investors should monitor these channels in addition to The Trade Desk’s press releases, SEC filings, public conference calls and webcasts.

Why prices are so high – 8 ways retail pricing algorithms gouge consumers

Retrieved on: 
Thursday, February 15, 2024

Fels wants to give the Australian Competition and Consumer Commission more power to investigate and more power to prohibit mergers.

Key Points: 
  • Fels wants to give the Australian Competition and Consumer Commission more power to investigate and more power to prohibit mergers.
  • But it helps to know how they try to trick us, and how technology has enabled them to get better at it.

1. Asymmetric price movements

  • Otherwise known as Rocket and Feather, this is where businesses push up prices quickly when costs rise, but cut them slowly or late after costs fall.
  • It seems to happen for petrol and mortgage rates, and the Fels inquiry was presented with evidence suggesting it happens in supermarkets.

2. Punishment for loyal customers

  • A loyalty tax is what happens when a business imposes higher charges on customers who have been with it for a long time, on the assumption that they won’t move.
  • It’s often done by offering discounts or new products to new customers and leaving existing customers on old or discontinued products.
  • The plans look good at first, and then less good as providers bank on customers not making the effort to shop around.

3. Loyalty schemes that provide little value

  • Fels says loyalty schemes can be a “low-cost means of retaining and exploiting consumers by providing them with low-value rewards of dubious benefit”.
  • Their purpose is to lock in (or at least bias) customers to choices already made.

4. Drip pricing that hides true costs

  • They often offer initially attractive base fares, but then add charges for baggage, seat selection, in-flight meals and other extras.
  • Read more:
    Junk fees and drip pricing: underhanded tactics we hate yet still fall for

5. Confusion pricing


Related to drip pricing is confusion pricing where a provider offers a range of plans, discounts and fees so complex they are overwhelming. Financial products like insurance have convoluted fee structures, as do electricity providers. Supermarkets do it by bombarding shoppers with “specials” and “sales”. When prices change frequently and without notice, it adds to the confusion.

6. Algorithmic pricing

  • Algorithmic pricing is the practice of using algorithms to set prices automatically taking into account competitor responses, which is something akin to computers talking to each other.
  • It can act even more this way when multiple competitors use the same third-party pricing algorithm, effectively allowing a single company to influence prices.

7. Price discrimination

  • Price discrimination involves charging different customers different prices
    for the same product, setting each price in accordance with how much each customer is prepared to pay.
  • While it can make prices lower for some customers, it can make prices much more expensive to customers in a hurry or in urgent need of something.

8. Excuse-flation

  • Excuse-flation is where general inflation provides “cover” for businesses to raise prices without
    justification, blaming nothing other than general inflation.
  • It means that in times of general high inflation businesses can increase their prices even if their costs haven’t increased by as much.

A political solution is needed

  • We will need political help.
  • Only then can we create a marketplace where ethics and competition align, ensuring both business prosperity and consumer wellbeing.


David Tuffley is affiliated with the Australian Computer Society (Member).

Tractor Supply and Carhartt Make $150,000 Donation to Support Skilled Workforce Development

Retrieved on: 
Thursday, February 15, 2024

Tractor Supply Company (NASDAQ: TSCO ), the largest rural lifestyle retailer in the United States, the Tractor Supply Company Foundation and Carhartt, America’s premium workwear brand, today announced a $150,000 donation to SkillsUSA to support its work preparing students for in-demand careers in the skilled trades.

Key Points: 
  • Tractor Supply Company (NASDAQ: TSCO ), the largest rural lifestyle retailer in the United States, the Tractor Supply Company Foundation and Carhartt, America’s premium workwear brand, today announced a $150,000 donation to SkillsUSA to support its work preparing students for in-demand careers in the skilled trades.
  • Tractor Supply and Carhartt representatives presented the donation during SkillsUSA Week, a nationwide event that provides state associations, advisors and student members the opportunity to promote SkillsUSA programs and activities at the local and state levels.
  • View the full release here: https://www.businesswire.com/news/home/20240215307711/en/
    Tractor Supply and Carhartt Make $150,000 Donation to Support Skilled Workforce Development (Photo: Business Wire)
    “The Support the Trades fundraiser, which aligns with our core values and commitment to supporting Life Out Here, has been impactful in so many ways.
  • “We’re proud to continue working alongside Tractor Supply in support of SkillsUSA’s mission to develop the workforce and attract students to careers in the skilled trades,” said Susan Hennike, chief brand officer for Carhartt.

Program on a Mission to Fill Trades Labor Gap Celebrates Career & Technical Education (CTE) Month

Retrieved on: 
Thursday, February 15, 2024

BURNSVILLE, Minn., Feb. 15, 2024 /PRNewswire/ -- Northern Tool + Equipment is celebrating Career & Technical Education (CTE) Month this February by supporting high school CTE programs with their Tools for the Trades™program. The program's latest project is a rat rod build-off featuring two high schools, and the students recently got special visits from their celebrity mentors.

Key Points: 
  • BURNSVILLE, Minn., Feb. 15, 2024 /PRNewswire/ -- Northern Tool + Equipment is celebrating Career & Technical Education (CTE) Month this February by supporting high school CTE programs with their Tools for the Trades™program.
  • The program's latest project is a rat rod build-off featuring two high schools, and the students recently got special visits from their celebrity mentors.
  • Started in 2021 to help address the nationwide trades labor shortage, Tools for the Trades donates tools and equipment to high school CTE programs.
  • Instructors get the right equipment to properly teach the trades and expose students to professional-grade tools to prepare them for potential trade careers.

Demand for Moral Leadership Among U.S. Workers is at All-Time High, According to Research from The HOW Institute for Society

Retrieved on: 
Thursday, February 15, 2024

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- A new study by The HOW Institute for Society published today finds the demand for moral leadership among U.S. workers is at an all-time high. In fact, 93% of employees believe the need for moral leadership is more urgent than ever. Yet only 10% of CEOs and 13% of managers consistently demonstrate behaviors associated with moral leadership.

Key Points: 
  • In fact, 93% of employees believe the need for moral leadership is more urgent than ever.
  • Yet only 10% of CEOs and 13% of managers consistently demonstrate behaviors associated with moral leadership.
  • New study by The HOW Institute finds the demand for moral leadership among U.S. workers is at an all-time high.
  • Moral leadership – or the lack of it – impacts everything, from the levels of trust within teams, to employee loyalty, to the bottom line, the study shows.

The Trade Group to Feature Experiential Environment, Lead AI Presentation at EXHIBITORLIVE 2024

Retrieved on: 
Wednesday, February 14, 2024

DALLAS, Feb. 14, 2024 /PRNewswire-PRWeb/ -- The Trade Group, an award-winning event marketing company, is pleased to announce that they will both exhibit and lead an educational session at EXHIBITORLIVE 2024. The annual exhibition and conference for marketing and trade show professionals will be held in Nashville, Tennessee, February 25-28, 2024.

Key Points: 
  • In addition, the company's Marketing Director and Senior Content Strategist will lead a presentation on the impact of AI tools on creative productivity at EXHIBITORLIVE on February 28, 2024.
  • DALLAS, Feb. 14, 2024 /PRNewswire-PRWeb/ -- The Trade Group , an award-winning event marketing company, is pleased to announce that they will both exhibit and lead an educational session at EXHIBITORLIVE 2024.
  • The annual exhibition and conference for marketing and trade show professionals will be held in Nashville, Tennessee, February 25-28, 2024.
  • According to Adam Haas, Director of Experiential at The Trade Group, "We pride ourselves on being subject matter experts on how to build a successful exhibit.