Driver dies in two-car crash in Ōrākei, road closed
One person has died in a two-car crash at midnight in the Auckland suburb of Ōrākei.
The incident occurred at the intersection of Brenton Pl and Kepa Rd about 11.45pm yesterday.
The driver of one vehicle – the sole occupant – was killed. There were no significant injuries to the occupants of the other vehicle involved.
The Serious Crash Unit has attended the scene, and the intersection remains closed this morning while scene examinations continue.
More to come
Intellia Therapeutics Continues Downtick
Intellia Therapeutics, Inc. (NTLA) shares are trading down more than 8 percent on Friday morning trade, continuing a decline in search of new support. The shares have been on a downtrend since the start of September.
There have been no stock-specific news today to drive down the stock.
Currently, shares are at $123, down 8.74 percent, from the previous close of $134.78 on a volume of 443,702. For the 52-week period, the shares have traded in a range of $22.17-$202.73 on average volume of 1,011,133.
Food Your Kids Might Actually Eat
Four-cheese flatbreads, crunchy chicken cutlets, breakfast burritos: These recipes may even appeal to the pickiest eaters.
By Emily Weinstein
Electrocomponents Sees FY Revenue Growth, Adj. Operating Profit Margin Slightly Ahead Of Guidance
While issuing a trading update for first half ended 30 September 2021, Electrocomponents PLC (ECM.L) said its trading has remained very strong across all regions. The Group stated that its financial performance to date was stronger than expected. Looking forward, Electrocomponents the Group said it is facing a number of external challenges, including supply chain shortages, which are affecting industrial production and increasing cost pressures. Hence, the Group expects full year profit to be more weighted to the first half than in previous years. However, with the strong performance in the first half, the Group now expects full year revenue growth and adjusted operating profit margin to be slightly ahead of the guidance provided with the first quarter update.
For the first half period, like-for-like revenue growth was 31% from prior year. Total revenue growth was 33%, for the period.
The Group will announce its half year results on 4 November 2021.
B&G Foods Recalls Tone’s Taco Seasoning Blend
B&G Foods is recalling certain Tone’s Taco Seasoning Blend citing the presence of undeclared wheat, a known allergen, the U.S. Food and Drug Administration said.
The recall involves 3,867 cases of 23 oz. Tone’s Taco Seasoning Blend, with “best by” dates of SEPT 03 24 and SEPT 06 24, and UPC#: 0-41351-91461-5.
The affected product may have been distributed in Sam’s Club stores nationwide and through the Sam’s Club website.
The product name appears on the top of the front and back label. Containers labeled as Tone’s Taco Seasoning Blend on both the front and back of the container correctly declare the presence of wheat.
Meanwhile, there may be some individual containers which are mistakenly labeled on the back as Lemon Pepper Seasoning Blend, which does not declare wheat.
People who have an allergy or severe sensitivity to wheat may get serious or life- threatening allergic reaction if the recalled product is consumed.
However, the company has not received any reports of allergic reactions or consumer complaints related to the affected products to date.
Consumers who have purchased the recalled product can return it to the place of purchase for a full refund or dispose of the product.
In similar recalls citing undeclared wheat, Picket Fence Creamery this week called back taco cheese curds and key lime pie ice cream. RMH Foods, LLC in mid August recalled 583 cases of Gordon Choice Deli Style Tuna and Chicken Salads for undeclared wheat and tuna allergens.
ChipMOS Q3 Revenue Up 25.9% YoY – Quick Facts
ChipMOS TECHNOLOGIES INC. (IMOS) reported that its third-quarter revenue increased 25.9% on a year over year basis to NT$7.16 billion. The company said its DDIC high-end test platforms remain at a high utilization level, helping to drive healthy gross margins.
For the month of September 2021, revenue increased 23.5% on a year over year basis to NT$2.34 billion. Revenue for the month of September declined 2.3% compared to August 2021. The company noted that there was an additional working day in August compared to September.
‘Google, Amazon deposit acceptance under review’
Studying regulatory issues: RBI’s Rao
RBI Deputy Governor M. Rajeshwar Rao on Friday said the central bank is examining whether deposit acceptance by Google and Amazon is within the prescribed laws and regulations, at a time when concerns about big tech firms’ play in the financial space are at a heightened level.
Both Google Pay and Amazon have announced partnerships with lenders to accept deposits in the country through their mobile phone apps.
“We are examining the issue regarding the regulatory implications, having regard to the applicable laws and the regulations that are prescribed for the thing. So, we are examining it,” Mr. Rao told reporters.
In its last financial stability report in June this year, the Reserve Bank of India (RBI) had warned against allowing big-technology companies into the financial services sector.
Snow leopard dies at US zoo after exhibiting signs of Covid-19
WASHINGTON (BLOOMBERG) – A snow leopard died after displaying symptoms similar to Covid-19 at a US zoo housing a confirmed case of the virus, officials announced on Friday (Oct 8).
Baya, aged two and a half years, exhibited signs of a cough followed by “inappetence and lethargy” and died on Thursday, according to the Great Plains Zoo in Sioux Falls, South Dakota.
A necropsy is planned.
One of the zoo’s Amur tigers tested positive for the virus that causes Covid-19 this week, the zoo said.
Other big cats have exhibited symptoms.