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Former shareholders sell their 30% stake in Russia’s largest children's goods retailer Detsky Mir

Published Tue, 04 Mar 2025 08:25:48 GMT

A consortium led by Alexey Zuev, the founder of kids goods retailer Korablik, has acquired a 29.9% stake in Detsky Mir, the top children's goods retailer in Russia and Kazakhstan. The purchase was made from former Detsky Mir shareholders Pavel Grachev and Mikhail Stiskin, who have sold their entire stake in the company.Both Pavel Grachev and Mikhail Stiskin have previously resigned from the company's Board of Directors. “I am confident that the Company is strongly positioned to bolster its market leadership and broad regional ambitions while our industry continues to evolve at a rapid pace. Taking into account the Company’s well-established business model and its importance for the entire Russian children's goods industry, I fully share the Company's focus on organic growth and support its proposed transformation into a private business”, commented Mr Zuev.In 2022 Pavel Grachev and Mikhail Stiskin also left their posts as CEO and senior vice president, finance and strategy...

Announcement: CAN.HEAL – getting faster wins against cancer more widely, for patients and society 

Published Tue, 04 Mar 2025 08:25:48 GMT

A new European attempt is under way to get more traction from the enormous international efforts devoted to combating cancer.The huge advances in diagnosis and treatment brought by rapid advances in science and technology have brought significant improvements, backed by major investments in research and the numerous initiatives and projects and actions that have been set up around the world.But the outcome is still sub-optimal, and cancer continues to ravage society in Europe and beyond.  CAN.HEAL, a programme funded by the EU, is driving a radical commitment to collaborate across disciplines and territories not just to advance innovation, but to bring it speedily into effective use in healthcare systems.Cancer care can now be tailored to the specific needs of individual patients, but this approach has to be nitrated into healthcare systems so that patients – and healthcare finances – obtain the resulting benefits.The adoption of innovative medical interventions can provid...

Boxing without borders: Umar Kremlev on politics and co-operation

Published Tue, 04 Mar 2025 08:25:48 GMT

Umar Kremlev, the president of the International Boxing Association (IBA), recently spoke about the future of boxing at a press conference in Tashkent, Uzbekistan. During the conference, Kremlev emphasized the need for cooperation and compromise in the sport of boxing, and highlighted the IBA's commitment to helping athletes and National Federations develop the sport.During the press conference, Kremlev emphasized that boxing should be kept out of politics and that cooperation and compromise are essential for the sport's development. He noted that boxing is a friendly family that will continue to grow regardless of political strife. Kremlev spoke about the issue of interaction between the IBA and the IOC, stressing that each organization should focus on its own responsibilities without interfering with each other and athletes' interests.The IBA has always been open to dialogue, and a commission has been created to interact with the IOC. Kremlev mentioned that the investigation into ...

Bauer a celebrity in Japan despite sexual assault claims

Published Tue, 04 Mar 2025 08:25:48 GMT

YOKOHAMA, Japan (AP) — Trevor Bauer will pitch his first official game for the Yokohama DeNA BayStars on Wednesday and, to promote the start, a local department store is to unveil a seven-story poster of the former Cy Young Award winner on its facade.Bauer was unwanted this season by Major League Baseball teams — at least no club signed him though he was eligible to play — after claims of domestic violence and sexual assault. However, he's a baseball celebrity in this famous port city in Japan, with few questions asked about his past — and his answers readily accepted.Small replica posters of the department store version dot train stations around town spelling out “Bauer” in English with the message in Japanese — “He's here.”“My face is too big,” Bauer said recently, breaking into a seldom-seen laugh with reporters. “It's very cool. It's very cool. Growing up as a kid you see professional athletes and movie stars on billboards like that; kind of cool for me to be there myself.”Bauer...

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Published Tue, 04 Mar 2025 08:25:48 GMT

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Can the Oakland A’s beat ’62 New York Mets’ record for futility?

Published Tue, 04 Mar 2025 08:25:48 GMT

After two years of trading away their best players and re-stocking the roster with journeymen veterans and mid-level prospects, the A’s roster has the look of an expansion team. And they are playing like one.They are 6-23 after 29 games, being outscored by historic proportions, lacking so much as a single victory from a starting pitcher and still looking for back-to-back wins as a team. After a 5-4 walk-off victory Sunday against the Cincinnati Reds, the A’s will be gunning for that elusive two-game winning streak Tuesday when they open a three-game series against the Seattle Mariners.A fan watches from the stands with a bag over his head during the fourth inning of a baseball game between the Los Angeles Angels and the Oakland Athletics Wednesday, April 26, 2023, in Anaheim, Calif. (AP Photo/Mark J. Terrill) A long, dreary season was universally expected, what with all the trades leaving a payroll of about $59 million, by far the lowest in the baseball, and a farm system that ...

Can California’s economy avoid a recession?

Published Tue, 04 Mar 2025 08:25:48 GMT

There’s little doubt California’s economy is cooling – but will it tumble into recession?It’s no secret that much of the ongoing business malaise can be tied to the Federal Reserve’s efforts to cool an overheated U.S. economy and tame an ugly bout of inflation. The Fed’s rate hikes are an especially powerful economic depressant to California’s high-cost economy.Don’t forget, this kind of economic management often ends with a recession. California’s economic downturns of the early 1980s and 1990s, the dot-com crash of 2000, and the Great Recession were all preceded by sharp increases in interest rates.So can California avoid what might seem like the inevitability of yet another Fed-induced downturn?How slow?Look at some signals of the cooldown.California’s gross domestic product grew just 0.4% last year. Only coronavirus-chilled 2020 was a more lethargic year for state businesses since the 2008-09 Great Recession.California home s...

Los Gatos ranked 26th most expensive city in California: Here’s why

Published Tue, 04 Mar 2025 08:25:48 GMT

It’s no surprise that the Bay Area is expensive, but a new study shows just how much residents are spending each month on their bills.Los Gatos’ household expenses are 88.4% higher than the national average, a study out of Doxoinsights reported.The city is ranked as the 26th most expensive city in California, but residents only spend around a quarter of their rent on aBay Area cities took up half of the top 10 most expensive cities in the report, including San Ramon, Danville, Mill Valley, Dublin and Menlo Park.Neighboring city Saratoga was ranked the 48th most expensive city in California, with residents spending an average of $3,713 per month on bills.The report tracks household financial health and spending activity through doxo’s aggregate bill pay data set, pulling from more than 8 million paying consumers across more than 97% of the country.Bills account for 27% of Los Gatos residents’ income, the report said. The average household in Los Gatos pays $3,856 a month ...

Pornhub blocks all Utah traffic in response to new age verification law

Published Tue, 04 Mar 2025 08:25:48 GMT

SALT LAKE CITY (ABC4) -- Pornhub.com has denied Utah residents access to their site as a response to the state's new age verification laws which go into effect today, May 2.Utahns who attempt to go to the site today will instead be driven to a black page with a statement from the site's management and a short video featuring adult actress Cherie DeVille explaining why the site cannot be accessed.Earlier this year, the Utah legislature and Gov. Spencer Cox passed and signed Senate Bill 287, which requires adult sites to use some sort of age-verification system to keep underage viewers from seeing pornographic content. The bill passed unanimously.The bill was based, in part, on a similar piece of legislation passed in Louisiana. The main difference, however, is that unlike Louisiana, Utah's digital ID system does not currently allow for online verifications. Pornhub's argumentsPornhub, for its part, argues in its statement that "giving your ID card every time you want to visit an adul...

Woman injured in late night shooting in Oakland

Published Tue, 04 Mar 2025 08:25:48 GMT

(KRON) -- The Oakland Police Department are investigating a shooting that happened on Monday night. Police responded to the 1900 block of 108th Avenue around 10:30 p.m.At the scene, police said they found a woman suffering from gunshot wounds. She was transported to the hospital for treatment and is in stable condition, officials said.This is an ongoing investigation. Anyone with information is asked to contact OPD Felony Assault at (510) 238-3426.