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Holiday stress can lead Alzheimer’s patients and those with dementia to go missingBrown and Company PLC, one of Sri Lanka’s leading entities was recently nominated as Most Innovative Diversified Conglomerate, Sri Lanka 2024 by the esteemed Global Economics Awards, a platform which identifies business enterprises that contribute towards their economies in a significant way. Browns IT’s in-house Digital Transformation Solutions arm (DTS), has been instrumental in introducing ground-breaking digital innovations across a diverse range of key industry sectors such as automotive, power generation agriculture, pharmaceuticals and manufacturing. Transforming business processes with a portfolio of innovative digital solutions aimed at enhancing efficiency and customer experience, Brown and Company, once renowned for its leading role in mechanisation is now in the process of pioneering industry-based digitalisation across the nation. Some of Browns IT’s latest solutions include, the Smart Force Sales Automation tool which takes over manual, repetitive tasks, enabling sales teams to focus on building customer relationships and sourcing new business opportunities. The Company recently introduced Sri Lanka’s first paperless warranty app, Browns eCare, replacing a traditional model with a seamless mobile and web interface allowing customers to easily check e-warranty details, locate service agents, access product information and more. Meanwhile, Browns IT’s AI-powered Docit solution simplifies document handling by automating the identification and reading of documents. In terms of service management, Zyra, a customer care interface with inbuilt AI-driven models captures vehicle details in order to provide enhanced service whileimproving overallefficiency. The versatile Proyetco platform augments worksite management through its web and mobile applications, while incorporating facial recognition for improved productivity and accessibility. Building on its commitment to leveraging IoT technology, Brown and Company offers advanced solutions for industrial monitoring and maintenance. The IGen G500 Generator Monitoring IoT Solution, integrated with the Smartsys platform, allows for remote tracking of essential data required for timely generator maintenance while ensuring operational reliability. Similarly, the Company’s Chiller IoT Solution uses sophisticated IoT technology to monitor key parameters such as pH, EC and salinity, optimise efficiency, reduce energy consumption and enhance the reliability of operations. Expanding its suite of solutions, Browns IT offers Load IT, Smart Flow, Smart Assist, Smart Count, MMT and Boiler, Poultry Farmand Fuel Monitoring IoT Solutions, further enhancing operational effectiveness across various sectors through its digital and technology innovations. Brown and Company PLC Head of IT Prasanna Ganegoda said; “Brown and Company is at the forefront of innovation, continually pushing boundaries to integrate cutting-edge digital solutions across diverse industries. Our commitment to digital transformation is driving efficiency, improving customer experiencesand setting new benchmarks in operational excellence.”Stock indexes drifted to a mixed finish on Wall Street on Thursday as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 fell less than 0.1% after spending the day wavering between small gains and losses. The tiny loss ended the benchmark index’s three-day winning streak. The Dow Jones Industrial Average added 0.1% and the Nasdaq composite fell 0.1%. Trading volume was lighter than usual as US markets reopened following the Christmas holiday. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.2%. Meta Platforms fell 0.7%, and Amazon and Netflix each fell 0.9%. Tesla was among the biggest decliners in the S&P 500, finishing 1.8% lower. Some tech companies fared better. Chip company Broadcom rose 2.4%, Micron Technology added 0.6% and Adobe gained 0.5%. Health care stocks were a bright spot. CVS Health rose 1.5% and Walgreens Boots Alliance added 5.3% for the biggest gain among S&P 500 stocks. Several retailers also gained ground. Target rose 3%, Ross Stores added 2.3%, Best Buy rose 2.9% and Dollar Tree gained 3.8%. Traders are watching to see whether retailers have a strong holiday season. The day after Christmas traditionally ranks among the top 10 biggest shopping days of the year, as consumers go online or rush to stores to cash in gift cards and raid bargain bins. US-listed shares in Honda and Nissan rose 4.1% and 16.4% respectively. The Japanese car makers announced earlier this week that the two companies are in talks to combine. All told, the S&P 500 fell 2.45 points to 6,037.59. The Dow added 28.77 points to 43,325.80. The Nasdaq fell 10.77 points to close at 20,020.36. Wall Street also got a labour market update. US applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years, the Labour Department reported. Treasury yields mostly fell in the bond market. The yield on the 10-year Treasury slipped to 4.58% from 4.59% late on Tuesday. Major European markets were closed, as well as Hong Kong, Australia, New Zealand and Indonesia. Trading was expected to be subdued this week with a thin slate of economic data on the calendar.
Membership of Britain's upstart anti-immigration Reform UK party has overtaken that of the centre-right Conservative Party for the first time, the party said Thursday, as Tories disputed the numbers. Party leader and Brexit figurehead Nigel Farage hailed the figure as a "historic moment". Immigration was a major issue at the ballot box at the UK's July general election which saw the Conservatives ousted after 14 years in power. The digital counter on the Reform website showed a membership tally ticking past the 131,680 figure declared by the main opposition Conservatives during its leadership election earlier this year. "The youngest political party in British politics has just overtaken the oldest political party in the world," wrote Farage on X. "Reform UK are now the real opposition." Party chairman Zia Yusuf said the milestone showed the long "stranglehold on the centre-right of British politics by the Tories has finally been broken". The last declared Conservative Party tally was the lowest on record and a drop on 2022, when there were around 172,000 members. New Conservative Party leader Kemi Badenoch, however, questioned the figures, accusing Farage of "fakery". She said Reform's counter was "coded to tick up automatically". Farage responded by saying he would "gladly invite" a firm to "audit our membership numbers" if the Tories did the same. Reform won five seats in the 650-seat UK parliament in July, though it received roughly 14 percent of total votes cast. Reform maximised the damage to the Conservatives by splitting the right-wing vote and picking up former Tory supporters in key constituencies. The Labour Party won by a landslide although Prime Minister Keir Starmer has had a bumpy first five months in power. An Ipsos opinion poll this month found that 53 percent of Britons said they were "disappointed" in what the Labour government had achieved so far. British politics has been dominated by the two main parties -- Labour and the Conservatives -- for decades but commentators have warned that major parties have seen irreversible downturns in their popularity in the past. In the years after World War I, a divided Liberal Party found itself supplanted by the Labour Party as the main opposition. The party of 19th-century political giant William Gladstone and World War I leader David Lloyd George never again regained its status as a party of government. Farage, a supporter of US President-elect Donald Trump, said earlier this month that he was in talks with tech billionaire Elon Musk about donating to his hard-right party. har/js