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Global ID Group Rebrands As FoodChain ID

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Global ID Group Rebrands As FoodChain ID

Response to Client Demand for Bundled Services

Global ID Group, based in Fairfield, Iowa has rebranded as FoodChain ID, effective immediately. Formerly, the organization was comprised of three distinct divisions: Genetic ID, CertID and FoodChain ID.
“This satisfies a need expressed by our largest customers time and again, which is to be able to utilize the services of all three divisions via a single point of contact,” says Brad Riemenapp, the newly appointed CEO of FoodChain ID. “The move to one brand not only enhances the customer experience, but streamlines our sales, marketing and communications efforts.”

The former Global ID Group has 20+ years offering specialized services for the food, beverage, ingredient and food component (i.e. grain) industries, spanning the entire food supply chain. As FoodChain ID, the company can work more collaboratively with clients to offer testing and validation, food safety, and consumer label claim services.

“In today’s new food economy, our clients must meet growing consumer and regulatory demand for greater visibility, transparency and sustainability,” explains Riemenapp. “As a result, our clients are under intense pressure to produce at the highest standards, which requires insight into every aspect of the supply chain.”

With so much at stake in the industry, more companies require a single resource with deep expertise that can provide holistic solutions in a way that is nimble and flexible enough to meet them at their point of need. This helps them better manage complex processes and operate more efficiently and cost-effectively.

One of the company’s most sought after services is the Non-GMO Project verification service, which is now the most widely recognized standard in North America for verifying Non-GMO food production operations.

In fact, since 2007, as the founding technical administrator for the Non-GMO Project and co-developer of its product verification program, FoodChain ID has verified the majority of the Non-GMO Project Verified market in North America—over 50,000 products representing thousands of brands, manufacturers, processors, growers, distributors, packers, and exporters.

With nearly 50 percent of these Non-GMO clients also requesting organic certifications, the company acquired BioAgricert, a global company with more than 33 years of expertise in the organic sector. BioAgriCert is one of the top, global, NOP-certifying bodies, having certified over 900 operations.

BioAgriCert’s leadership position in organic certification combined with FoodChain ID’s strong leadership position in Non-GMO verification further strengthens FoodChain ID’s leadership position in providing independent third-party labeling claims.

The ability to offer these certifications with other key GFSI-benchmarked food safety and food quality certifications such as SQF, BRC, GlobalG.A.P. and FSSC 22000 allows many of FoodChain ID’s clients the ability to single-source their needs under one roof.

FoodChain ID’s ability to provides integrated food safety and food quality solutions in the rapidly evolving food industry have fueled the company’s growth. Offices are located in the U.S., U.K., Brazil, Germany and Italy and serve over 30,000 clients globally.

Looking forward, Foodchain ID estimates having over 31,000 global clients by the close of 2018.

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Bitcoin, ether hit fresh highs

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Bitcoin, ether hit fresh highs 1

SINGAPORE (Reuters) – Bitcoin hit a fresh high in Asian trading on Saturday, extending a two-month rally that saw its market capitalisation cross $1 trillion a day earlier.

The world’s most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year.

Bitcoin’s gains have been fuelled by evidence it is gaining acceptance among mainstream investors and companies, such as Tesla Inc, Mastercard Inc and BNY Mellon.

Ether, the second-largest cryptocurrency by market capitalization and daily volume, hit a record $2,040.62, for a weekly gain of about 12%.

Ether is the digital currency or token that facilitates transactions on the ethereum blockchain. In the crypto world, the terms ether and ethereum have become interchangeable.

Ether futures contracts launched on derivatives exchange CME earlier this month.

(Reporting by Vidya Ranganathan; Editing by William Mallard)

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World Bank pushing for standard vaccine contracts, more disclosure from makers

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World Bank pushing for standard vaccine contracts, more disclosure from makers 2

By Andrea Shalal

WASHINGTON (Reuters) – The World Bank is working to standardize COVID-19 vaccine contracts that countries are signing with drug makers, and is pushing manufacturers to be more open about where doses are headed, as it races to get more vaccines to poor countries, the bank’s president said on Friday.

World Bank President David Malpass told Reuters he expected the bank’s board to have approved $1.6 billion in vaccine funding for 12 countries, including the Philippines, Bangladesh, Tunisia and Ethiopia, by the end of March, with 30 more to follow shortly thereafter.

The bank is working with local governments to identify and fill gaps in distribution capacity, after they purchase vaccines under a $12 billion World Bank program, and also to standardize the contracts they are signing with manufacturers, he said.

The bank’s International Finance Corp, its private financing arm, has $4 billion to invest in expanding existing production plants or building new ones, including in developed countries, but needs more data on where current production is headed, he said.

“We are eager to be investing in new capacity, but it’s hard to do because you don’t know how much of the existing capacity is already committed to the various off-takers,” Malpass said in an interview with Reuters. New or expanded plants could be used to produce other types of vaccinations in the future, he said.

The bank’s funds could be used to expand plants in advanced economies, if the production was earmarked for developing nations, he said.

Malpass welcomed Friday’s pledge by the Group of Seven rich countries to intensify cooperation on the pandemic, saying it could help jump-start deliveries of vaccines to poorer countries, which are lagging far behind rich countries in getting shots in arms.

Data compiled by Our World In Data, a scientific online publication, showed Israel was leading the world in COVID-19 vaccinations, with nearly 82 of 100 people vaccinated, while India and Bangladesh reported less than one person per 100, Many African countries have not started at all.

Malpass said he was heartened by news about new vaccines coming down the road, and about Pfizer Inc and BioNTech SE seeking permission to store their vaccine at higher temperatures, which would ease another obstacle to deliveries in lower-income countries.

(Reporting by Andrea Shalal; Editing by Heather Timmons and Leslie Adler)

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Google to evaluate executive performance on diversity, inclusion

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Google to evaluate executive performance on diversity, inclusion 3

By Paresh Dave

(Reuters) – Alphabet Inc’s Google will evaluate the performance of its vice presidents and above on team diversity and inclusion starting this year, the company said on Friday in one of several responses to concerns about its treatment of a Black scientist.

Timnit Gebru, co-leader of Google’s ethical artificial intelligence research team, said in December that Google abruptly fired her after she criticized its diversity efforts and threatened to resign.

Alphabet and Google Chief Executive Sundar Pichai ordered a review of the situation. While Google declined to share specific findings, the company announced on Friday it will engage human resources specialists during sensitive employee departures.

Pichai in June said that by 2025, Google aims to have 30% more of its leaders come from underrepresented groups, with a focus on Black, Latinx and Native American leaders in the United States and female technical leaders globally. About 96% of Google’s U.S. leaders at the time were white or Asian, and 73% globally were men.

As a result of the investigation, the company also expanded a commitment announced in June to devote more resources to retaining and promoting existing employees, including by expanding a team addressing disputes among workers and their managers.

The diversity component of executive performance reviews was not previously announced, and the company did not immediately share details about what would be measured and how pay would be affected.

Alphabet for years had rejected proposals from shareholders and employees to set diversity goals and tie executive pay to them.

Irene Knapp, a former Google employee who advocated for one such proposal at a 2018 shareholder meeting, said on Friday, “I am pleased that they met our demand from 2018, which was a bare minimum that should have been easy to do immediately.”

Evaluating managers on diversity goals is becoming more commonplace. McDonald’s Corp on Thursday tied executive bonuses to diversity.

(Reporting by Paresh Dave; Editing by Cynthia Osterman)

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