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Scorpio Daily Horoscope – November 1, 2020 | Free Online – Deccan Herald

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#highlight_text color:#fff147;
#footermenu #highlight_text color:#333333;

You have been on a roll, but it is time to slow down and devote attention to your health. Be prepared to counteract the damage that adversaries are about to create. Travel plans may come unhitched.

Lucky Colour: Maroon                 

Lucky Number: 2

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.related_slider .grid-col-3:nth-child(3n + 1)
float: left;
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.related_slider .grid-col-3

width:237px;

@media (max-width: 780px)

.related_slider .grid-col-3

width:233px;

.owl-nav span

padding: 3px 10px;
font-size: 40px;

.owl-prev

position: absolute;
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left: -9px;
.owl-next

position: absolute;
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.owl-carousel .owl-stage-outer

width:100%;

.brew_slider .owl-nav span

padding: 3px 10px;
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.brew_slider .owl-prev

position: absolute;
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background-color: rgba(0, 0, 0, 0.37) !important;
color: #ffffff !important;
left: -9px;

.brew_slider .owl-next

position: absolute;
top: 49%;
background-color: rgba(0, 0, 0, 0.37) !important;
color: #ffffff !important;
right: -9px;

.brew_slider .owl-carousel .owl-stage-outer

width:100%;

.brew_slider .owl-nav button
opacity: 0.7;
background-color: #dddddd !important;
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margin: 0px 8px !important;
border-radius: 0 !important;

.brew_slider .owl-nav img
width: 22px;
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margin: 11px 5px;

.brew_slider .owl-prev img
-ms-transform: rotate(-180deg);
transform: rotate(-180deg);

.brew_slider .photo-gallery__content
height:20px;

@media (min-width: 768px)
.brew_slider .height-set .grid-col-full
width: 100% !important;

.brew_slider .arrow-visible
left:0px !important

.brew_slider .photo-gallery__content .photo-gallery__info
font-size: 18px;

.brew_slider .photo-gallery__content
bottom: 39px;
left: 25px;

@media (max-width: 767px)
.brew_slider .photo-gallery__content .photo-gallery__info
font-size: 15px;

@media (max-width:1024px)

.sticky_footer

position: fixed;
bottom: 0px;
left: 0px;
width: 100%;
margin: 0 auto;
text-align: center;
background-color: #ffffff;
z-index: 999;
min-height: 50px;

._yeti_footer_show
background-color:#c6ccd0;

.E-news-letter-box

border: 1px solid #d7d7d7;
width: 410px;
padding: 4px 4px;
background: #f6f6f6;
position: absolute;
z-index: 99999;
top:35px;
right:0;
#hdr_hori_menu .E-news-letter-box:after

content: “”;
clear: both;
display: table;
position: absolute;
left: 45px;
top: -9px;
background: #f6f6f6;
border-right: 2px solid #d7d7d7;
border-bottom: 2px solid #d7d7d7;
width: 16px;
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-ms-transform: rotate(-134deg);
transform: rotate(-134deg);
#short_hdr_hori_menu #dk_nl_signup
display:none;

#short_hdr_hori_menu .E-news-letter-box:after

content: “”;
clear: both;
display: table;
position: absolute;
right: 100px;
top: -9px;
background: #f6f6f6;
border-right: 2px solid #d7d7d7;
border-bottom: 2px solid #d7d7d7;
width: 16px;
height: 17px;
-ms-transform: rotate(-134deg);
transform: rotate(-134deg);
.E-news-letter-Error

display: inline-block;
.E-news-letter-box p

padding:0;
margin:0 0 6px 0;
font-weight:700;
.E-news-letter-box input[type=email]

background: #FFF;
border: 1px solid #EEE;
padding: 8px 3px;
border-radius: 3px;
width: 70%;
display:inline-block;
.E-news-letter-btn

background: #000;
border: 1px solid #f6f6f6;
padding: 4px 0 7px 3px;
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color: #FFF;
text-align: center;
font-weight: 700;
.E-news-letter-btn:hover

opacity: 0.7;
cursor: pointer;
.E-news-letter-box img

width: 82%;
-ms-transform: rotate(-20deg);
-webkit-transform: rotate(-20deg);
transform: rotate(-20deg);
.E-news-letter-flt-svg

width:20%;
float: left;
padding: 17px 0 0 0;
.E-news-letter-flt-text

width: 80%;
float: left;
text-align: left;
.E-news-letter-Error

color: #dc1414;
font-size: 13px;
.E-news-letter-veri

float:left;
width:20%;
.E-news-letter-veri img

width: 75%;
-ms-transform: rotate(0deg);
-webkit-transform: rotate(0deg);
transform: rotate(0deg);
.E-news-letter-close-btn

position: absolute;
background: #0072bc;
border-radius: 50%;
width: 21px;
height: 21px;
color: #FFF;
font-weight: 500;
right: 0;
top: -14px;
text-align: center;
font-family: Arial;
cursor: pointer;
font-size: 15px;
line-height: 20px;

#dk_nl_signup

font-size: 14px;
color: #fff;
line-height: 18px;
text-shadow: none;
cursor:pointer;
padding-left:9px;

.node h3

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.node-article .field-name-body figure.image

width:auto !important;
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padding: 0 6px;
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max- width: 100%;
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.node-article .field-name-body img

width:100% !important;
height:auto !important;
padding: 0 6px;
float:none;

.node-article .field-name-body iframe
max-width: 100%;

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#dk_gdpr
position: fixed;
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left: 0px;
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text-decoration: underline;
font-size: 15px;
#dk_gdpr .button,
#dk_gdpr .button_learn
background-color: #ffffff;
color: #0072bc;
padding: 10px;
position: absolute;
right: 1%;
top: 25%;
border-radius: 2px;#dk_gdpr .button:hover,
#dk_gdpr .button_learn:hover
cursor: pointer;
#dk_gdpr #gdprCloseButton
background-color: #0072bc;
cursor: pointer;
display: inline-block;
font-family: arial;
font-weight: bold;
position: absolute;
top: -30px;
right: 0px;
font-size: 20px;
line-height: 30px;
width: 30px;
height: 30px;
text-align: center;

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position: fixed;
bottom: 50px;
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padding: 5px;
background-color: #0d70b9;
color: #ffffff;
display: none;
width: 250px;
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font-size: 15px;
color: #ffffff;
line-height: 20px;
display: inline;
padding-left: 4px;
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color: #ffffff;
text-decoration: underline;
font-size: 15px;
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#mb_gdpr .button_learn
background-color: #ffffff;
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font-size: 14px;
display: inline-block;
margin-left: 10px;
font-weight: bold;#mb_gdpr .button:hover,
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cursor: pointer;
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background-color: #0d70b9;
cursor: pointer;
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font-family: arial;
font-weight: bold;
position: absolute;
top: 0;
right: 0px;
font-size: 25px;
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color: white;

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top: 45%;
cursor: pointer;
z-index: 9999;
*opacity: 0;
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transition: all ease .3s;
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padding: 10px 5px 10px 5px;
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left: 0;

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transform: rotate(-180deg);

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width: 22px;

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opacity: 1;
visibility: visible;
background-color: #fcea46;

.field-name-field-article-gallery .image-caption

text-align:center;

@media only screen and (min-width: 1080px) and (max-height: 2280px) and (orientation : portrait) .updates-wrapper mCustomScrollbar _mCS_1
overflow-x: hidden;
.lb-news-live-animate:before
content: ”;
position: relative;
display: block;
width: 300%;
height: 300%;
margin-left: -100%;
margin-top: -100%;
border-radius: 50%;
background-color: red;
animation: pulse-ring 1.25s cubic-bezier(.215,.61,.355,1) infinite;

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display: table;
content: ”;
clear: both;
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max-width:82px;
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align-items:flex-start;
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text-align:left;
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max-width:82px;
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margin:0px;
color:#767676;

.just-in-h

float:left;

.section-highlighter-container
display: -ms-flexbox;
display: flex;
border-bottom: solid 1px #eaeaea;
position: relative;
@media (max-width: 1199px) and (min-width: 320px)

#m_artad,
.article-banner-adver-wrapper .ad-320-1023,
.ad-320-1023,
.mob_election_widget_only

display: block;
text-align: center;

#d_artad,
.dk_election_widget_only,
.article-banner-adver-wrapper .ad-1024,
.ad-1024,
.dk_only,
.banner-adver-wrapper
display: none;

@media (min-width: 1200px)

#d_artad,
.dk_election_widget_only,
.article-banner-adver-wrapper .ad-1024,
.ad-1024,
.dk_only,
.banner-adver-wrapper
display: block;
text-align: center;

#m_artad,
.mob_election_widget_only,
.article-banner-adver-wrapper .ad-320-1023,
.ad-320-1023

display: none;

.ad-320-1023

.text-align: center;
.adleft
margin-left: 0px !important;
text-align: left;

@media(max-width:480px)

.overlapped-container

padding-bottom:0px;
#rhs_dhpicks .fcitem

*min-height:110px;

#infinite_articles > .section-container
overflow: hidden;
position: relative;
#infinite_articles > .section-container #page-title
margin-top: 40px;
#infinite_articles .next_story
background-color: #0087a8;
text-align: center;
color: #fff;
padding: 6px;
margin-bottom: 10px;
position: relative;
font-size: 18px;

#infinite_articles .next_story:after
content: “”;
display: block;
margin: auto;
margin-bottom: 10px;
width: 0;
height: 0;
border-left: 15px solid transparent;
border-right: 15px solid transparent;
border-top: 15px solid #0087a8;
padding-bottom: 10px;
position: absolute;
left: 0;
right: 0;

#infinite_articles > .section-container .read_more_container
position:absolute;
bottom: 0px;
background: -moz-linear-gradient(top, rgba(255,255,255,0) 0%, rgba(255,255,255,0.86) 56%, rgba(255,255,255,1) 65%);
background: -webkit-linear-gradient(top, rgba(255,255,255,0) 0%,rgba(255,255,255,0.86) 56%,rgba(255,255,255,1) 65%);
background: linear-gradient(to bottom, rgba(255,255,255,0) 0%,rgba(255,255,255,0.86) 56%,rgba(255,255,255,1) 65%);
filter: progid:DXImageTransform.Microsoft.gradient( startColorstr=’#00ffffff’, endColorstr=’#ffffff’,GradientType=0 );
width: 100%;
text-align: center;
padding: 50px;’

#infinite_articles > .section-container .read_full_article
background-color: #000;
border-radius: 2px;
padding: 8px 15px;
color: #fff;
text-transform: UPPERCASE;
cursor: pointer;
font-size: 14px;

#main-wrapper > .section-container .nxt_stry_btn,
#infinite_articles > .section-container .nxt_stry_btn
background-color: #0087a8;
color: #fff;
padding: 10px;
text-transform: uppercase;
font-size: 14px;
text-decoration: none;
margin: 20px;
position: relative;
text-align: left;
border-radius: 3px;
width: 185px;
.dynamic_articles
position: fixed;
bottom: 0;
width: 100%;
background-color: #ffffff;
z-index: 99999;
.node-type-article #city-container
display: none;

@media (max-width: 1279px)
.dynamic_articles,
body.node-type-article #sidebar-second-wrapper
display: none !important;

.dynamic_articles ul
border-top: 1px solid #6ec6ff;

.dynamic_articles li
width: 20%;
display: inline-block;
vertical-align: middle;
border-right: 1px solid #6ec6ff;

.dynamic_articles li:hover

cursor:pointer;

.dynamic_articles li.active
opacity: 1;
background-color: #b0dbff;
border-right: none;
.dynamic_articles li:last-child

border-right: none;
.dynamic_articles img
width: 80px;
height: 65px;
float: left;
padding: 10px;

.dynamic_articles .dyn_art_title
padding: 5px 10px 0px;
color: #000;
font-size: 14px;
line-height: 18px;
word-break: break-word;
font-weight: 600;

.dynamic_articles .arrow-right
border-top: 30px solid transparent;
border-bottom: 30px solid transparent;
border-left: 35px solid #0f99f3;
float: left;
padding-right: 10px;
position: relative;
.dynamic_articles li.active .arrow-right
opacity: 1;
border-left: 35px solid #00609e;

.dynamic_articles .arrow-right span
position: absolute;
left: -28px;
top: -10px;
color: #fff;
font-weight: bold;
font-size: 19px;
#footer-wrapper
margin-bottom:60px;
.node-type-article .sq-horoscope-bg
height: 249px;
border: 2px solid #f5f5f5;
#footer-wrapper .share-wrapper

left: 10px;
@media (max-width: 1279px)
#article2 .node .field-name-body ._yeti_main_container,
#article3 .node .field-name-body ._yeti_main_container,
#article4 .node .field-name-body ._yeti_main_container

display:none !important;

#article2 .node .field-name-body ._yeti_main_container.displayBlock,
#article3 .node .field-name-body ._yeti_main_container.displayBlock,
#article4 .node .field-name-body ._yeti_main_container.displayBlock

display:block !important;

.st0-scroll
fill: none;
stroke: #FFFFFF;
stroke-width: 2;

.nxt_stry_btn .arrow
position: absolute;
top: -25px;
right: 5px;
width: 31px;
height: 50px;
.scroll-down-animate
-moz-animation: scroll-down-animate 3s infinite;
-webkit-animation: scroll-down-animate 3s infinite;
animation: scroll-down-animate 3s infinite;
@keyframes scroll-down-animate 0%,
20%,
50%,
80%,
100%
-moz-transform: translateY(0);
-ms-transform: translateY(0);
-webkit-transform: translateY(0);
transform: translateY(-1);
40%
-moz-transform: translateY(-11px);
-ms-transform: translateY(-11px);
-webkit-transform: translateY(-11px);
transform: translateY(-10px);
60%
-moz-transform: translateY(-15px);
-ms-transform: translateY(-15px);
-webkit-transform: translateY(-15px);
transform: translateY(-10px);

@media (max-width: 480px)

.breadcrumb-list .item-list .last

display:none;

.related_slider .slide-wrapper

width:237px;
margin-right:2.5%;
float:left;

@media (max-width: 780px)

.related_slider .slide-wrapper

width:233px;

.owl-nav span

padding: 3px 10px;
font-size: 40px;

.owl-prev

position: absolute;
top: 49%;
background-color: rgba(0, 0, 0, 0.37) !important;
color: #ffffff !important;
left: -9px;
.owl-next

position: absolute;
top: 49%;
background-color: rgba(0, 0, 0, 0.37) !important;
color: #ffffff !important;
right: -9px;
.owl-carousel .owl-stage-outer

width:100%;
#infinite_articles > .section-container .read_full_article.expand-btn__link
background: #0087a8;
border: none;
border-radius: 30px;
box-shadow: 0 4px 10px rgba(0,0,0,0.16);
display: inline-block;
font-size: 17px;
font-weight: bold;
line-height: 1.6;
margin: 0 auto;
min-width: 196px;
padding: 15px 30px;
position: unset;
text-decoration: none;
bottom: -120px;
color: #fff;
text-decoration: none;
text-transform:none;
padding-left: 10px;
.aniHolder
float: right;
margin-top: -25px;
margin-left: 18px;
margin-right: 10px;
.chevron
position: absolute;
width: 20px;
height: 7px;
opacity: 0;
transform: scale3d(0.5, 0.5, 0.5);
animation: move 3s ease-out infinite;
.chevron:first-child
animation: move 3s ease-out 1s infinite;
.chevron:nth-child(2)
animation: move 3s ease-out 2s infinite;
.chevron:before,
.chevron:after
content: ‘ ‘;
position: absolute;
top: 0;
height: 100%;
width: 51%;
background: #fff;
.chevron:before
left: 0;
transform: skew(0deg, 30deg);
.chevron:after
right: 0;
width: 50%;
transform: skew(0deg, -30deg);
@keyframes move
25%
opacity: 1;
33%
opacity: 1;
transform: translateY(30px);

67%
opacity: 1;
transform: translateY(40px);

100%
opacity: 0;
transform: translateY(55px) scale3d(0.5, 0.5, 0.5);

@keyframes pulse
to
opacity: 1;

#infinite_articles > div[id^=”article”]
overflow: hidden !important

#page
overflow-x:hidden;
#infinite_articles > .section-container .read_more_container
left:0px;

@media (min-width:1200px)
.OUTBRAIN

min-height:815px;

div[id^=’vuukle-emote’]
min-height:100px;

.h750
height:750px !important;

.h950
height:950px !important;

.dynamic_articles.loading li

opacity: 0.6;

.dynamic_articles

z-index:9999;

.mbt-m-15margin:15px auto !important;
.adleft
margin-left: 0px !important;
text-align: left;
margin-top: 10px;
.aboveNL_processed width: inherit !important; height: inherit !important; margin: 10px 0px !important;
.sidebar .sticky
position: sticky;
position: -webkit-sticky;
top: 100px;

.scroller
overflow: hidden;
margin-bottom: 20px;

@media(min-width: 1025px)
#infinite_articles > .section-container

overflow: unset !important;

.lazy
opacity: 0;

.lazy-loaded, .lazy.loaded opacity: 1;
@font-face
font-family: ‘Source Sans Pro’;
font-style: normal;
font-weight: 400;
font-display:fallback;
src: local(‘Source Sans Pro Regular’), local(‘SourceSansPro-Regular’), url(https://fonts.gstatic.com/s/sourcesanspro/v11/6xK3dSBYKcSV-LCoeQqfX1RYOo3qOK7l.woff2) format(‘woff2’);
unicode-range: U+0000-00FF, U+0131, U+0152-0153, U+02BB-02BC, U+02C6, U+02DA, U+02DC, U+2000-206F, U+2074, U+20AC, U+2122, U+2191, U+2193, U+2212, U+2215, U+FEFF, U+FFFD;
@font-face
font-family: ‘Source Sans Pro’;
font-style: normal;
font-weight: 600;
font-display:fallback;
src: local(‘Source Sans Pro SemiBold’), local(‘SourceSansPro-SemiBold’), url(https://fonts.gstatic.com/s/sourcesanspro/v11/6xKydSBYKcSV-LCoeQqfX1RYOo3i54rwlxdu.woff2) format(‘woff2’);
unicode-range: U+0000-00FF, U+0131, U+0152-0153, U+02BB-02BC, U+02C6, U+02DA, U+02DC, U+2000-206F, U+2074, U+20AC, U+2122, U+2191, U+2193, U+2212, U+2215, U+FEFF, U+FFFD;
@font-face
font-family: ‘Source Sans Pro’;
font-style: normal;
font-weight: 700;
font-display:fallback;
src: local(‘Source Sans Pro Bold’), local(‘SourceSansPro-Bold’), url(https://fonts.gstatic.com/s/sourcesanspro/v11/6xKydSBYKcSV-LCoeQqfX1RYOo3ig4vwlxdu.woff2) format(‘woff2’);
unicode-range: U+0000-00FF, U+0131, U+0152-0153, U+02BB-02BC, U+02C6, U+02DA, U+02DC, U+2000-206F, U+2074, U+20AC, U+2122, U+2191, U+2193, U+2212, U+2215, U+FEFF, U+FFFD;
@font-face
font-family: ‘Source Serif Pro’;
font-style: normal;
font-weight: 400;
font-display:fallback;
src: local(‘Source Serif Pro’), local(‘SourceSerifPro-Regular’), url(https://fonts.gstatic.com/s/sourceserifpro/v5/neIQzD-0qpwxpaWvjeD0X88SAOeauXQ-oA.woff2) format(‘woff2’);
unicode-range: U+0000-00FF, U+0131, U+0152-0153, U+02BB-02BC, U+02C6, U+02DA, U+02DC, U+2000-206F, U+2074, U+20AC, U+2122, U+2191, U+2193, U+2212, U+2215, U+FEFF, U+FFFD;
@font-face
font-family: ‘Source Serif Pro’;
font-style: normal;
font-weight: 600;
font-display:fallback;
src: local(‘Source Serif Pro Semibold’), local(‘SourceSerifPro-Semibold’), url(https://fonts.gstatic.com/s/sourceserifpro/v5/neIXzD-0qpwxpaWvjeD0X88SAOeasasatSyqxA.woff2) format(‘woff2’);
unicode-range: U+0000-00FF, U+0131, U+0152-0153, U+02BB-02BC, U+02C6, U+02DA, U+02DC, U+2000-206F, U+2074, U+20AC, U+2122, U+2191, U+2193, U+2212, U+2215, U+FEFF, U+FFFD;
@font-face
font-family: ‘Source Serif Pro’;
font-style: normal;
font-weight: 700;
font-display:fallback;
src: local(‘Source Serif Pro Bold’), local(‘SourceSerifPro-Bold’), url(https://fonts.gstatic.com/s/sourceserifpro/v5/neIXzD-0qpwxpaWvjeD0X88SAOeasc8btSyqxA.woff2) format(‘woff2’);
unicode-range: U+0000-00FF, U+0131, U+0152-0153, U+02BB-02BC, U+02C6, U+02DA, U+02DC, U+2000-206F, U+2074, U+20AC, U+2122, U+2191, U+2193, U+2212, U+2215, U+FEFF, U+FFFD;

#contribute
background: transparent linear-gradient(180deg, #F9C54C 0%, #F7B825 100%) 0% 0% no-repeat padding-box;
height: 45px;
padding: 11px 0px;
position: fixed;
bottom: 0px;
width: 100%;
left: 0px;
z-index: 999999;
#contribute h3
text-transform: uppercase;
font-size: 19px;
color: #333333;
margin-top: 3px;
#contribute a.btn
padding: 6px 8px;
background: transparent linear-gradient(180deg, #FFFFFF 0%, #FFFFFF 50%, #E3E3E3 100%) 0% 0% no-repeat padding-box;
font-size: 14px;
text-transform: uppercase;
color: #000;
font-weight: bold;
position: relative;
bottom: 0px;
border-radius: 3px !important;
box-shadow: 1px 1px 2px #00000024;
border: 0px;
margin-left: 10px;
top: 1px;
#contribute a.btn img
margin-left: 5px;
position: relative;
top: 1px;
width: 20px;
#contribute img.closebt
float: right;
cursor: pointer;
width: 20px;
.desk
display: none;
#contrib_in_menu

display: inline-block;
float: left;
margin-left: 15px;
background: transparent linear-gradient(180deg, #F9C54C 0%, #F7B825 100%) 0% 0% no-repeat padding-box;
height: 32px;
padding: 10px;
margin-top: -6px;
font-size: 13px;
font-weight: bold;

#contrib_in_menu_js
display: inline-block;
float: left;
margin-left: 1px;
background: transparent linear-gradient(180deg, #F9C54C 0%, #F7B825 100%) 0% 0% no-repeat padding-box;
height: 57px;
padding: 13px 5px;
margin-top: -16px;
font-size: 13px;
line-height: 16px;
font-weight: bold;

#contrib_in_menu_js a img,
#contrib_in_menu a img

width: 19px;
margin-left: 10px;
@media only screen and (max-width:732px)
.spacce_mob
margin-top: 60px !important;

.desk
display: block;

#contribute
position: fixed;
top: 38px;
height: 60px !important;
#contribute h3
font-size: 16px;
text-align: center;
position: relative;
bottom: 8px;
font-weight: bold;
line-height: 1.5em;
.mobile_hidden
display: none;
#contribute img.closebt
position: relative;
bottom: 15px;
right: -20px;
width: 30px;
@media only screen and (min-width:320px) and (max-width:568px)@media only screen and (min-width:768px) and (max-width:1024px)
#contribute h3
position: relative;
bottom: 9px;
font-size: 17px;
@media only screen and (min-width: 1024px) and (max-height: 1366px) and (-webkit-min-device-pixel-ratio: 1.5) and (orientation : landscape)

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Britain in talks with 6 firms about building gigafactories for EV batteries

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Britain in talks with 6 firms about building gigafactories for EV batteries

Britain is in talks with six companies about building gigafactories to produce batteries for electric vehicles (EV), the Financial Times reported on Wednesday, citing people briefed on the discussions.

Car makers Ford Motor Co and Nissan Motor Co Ltd, conglomerates LG Corp and Samsung, and start-ups Britishvolt and InoBat Auto are in talks with the British government or local authorities about locations for potential factories and financial support, the report added .

 

(Reporting by Kanishka Singh in Bengaluru; Editing by Himani Sarkar)

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EBay to sell South Korean unit for about $3.6 billion to Shinsegae, Naver

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eBay Sells Classifieds Business For Nearly  Billion – WebProNews

EBay will sell its South Korean business to retailer Shinsegae Group and e-commerce firm Naver for about 4 trillion won ($3.6 billion), local newspapers reported on Wednesday.

EBay Korea is the country’s third-largest e-commerce firm with market share of about 12.8% in 2020, according to Euromonitor. It operates the platforms Gmarket, Auction and G9.

Shinsegae, Naver and eBay Korea declined to comment.

Lotte Shopping had also been in the running, the Korea Economic Daily and other newspapers said, citing unnamed investment banking sources.

South Korea represents the world’s fourth largest e-commerce market. Driven by the coronavirus pandemic, e-commerce has soared to account for 35.8% of the retail market in 2020 compared with 28.6% in 2019, according to Euromonitor data.

Shinsegae and Naver formed a retail and e-commerce partnership in March by taking stakes worth 250 billion won in each other’s affiliates.

($1 = 1,117.7000 won)

 

(Reporting by Joyce Lee; Editing by Edwina Gibbs)

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Canada launches long-awaited auction of 5G spectrum

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Canada launches long-awaited auction of 5G spectrum

Canada is set to begin a hotly anticipated auction of the mobile telecommunications bandwidth necessary for 5G rollout, one that was delayed more than a year by the pandemic.

The 3,500 MHz is a spectrum companies need to provide 5G, which requires more bandwidth to expand internet capabilities.The auction, initially scheduled for June 2020, is expected to take several weeks with Canadian government selling off 1,504 licenses in 172 service areas.

Smaller operators are going into the auction complaining that recent regulatory rulings have further tilted the scales in the favour of the country’s three biggest telecoms companies – BCE, Telus and Rogers Communications Inc – which together control around 90% of the market as a share of revenue.

Canadian mobile and internet consumers, meanwhile, have complained for years that their bills are among the world’s steepest. Prime Minister Justin Trudeau’s Liberal government has threatened to take action if the providers did not cut bills by 25%.

The last auction of the 600 MHz spectrum raised C$3.5 billion ($2.87 billion) for the government.

The companies have defended themselves, saying the prices they charge are falling.

Some 23 bidders including regional players such as Cogeco and Quebec’s Videotron are participating in the process. Shaw Communications did not apply to participate due to a $16 billion takeover bid from Rogers. Lawmakers and analysts have warned that market concentration will intensify if that acquisition proceeds.

In May, after Canada‘s telecoms regulator issued a ruling largely in favour of the big three on pricing for smaller companies’ access to broadband networks, internet service provider TekSavvy Inc withdrew from the auction, citing the decision.

Some experts say the government has been trying to level the playing field with its decision to set aside a proportion of spectrum in certain areas for smaller companies.

Gregory Taylor, a spectrum expert and associate professor at the University of Calgary, said he was pleased the government was auctioning off smaller geographic areas of coverage.

In previous auctions where the license covered whole provinces, “small providers could not participate because they could not hope to cover the range that was required in the license,” Taylor said.

Smaller geographic areas mean they have a better chance of fulfilling the requirements for the license, such as providing service to 90% of the population within five years of the issuance date.

The auction has no scheduled end date, although the federal ministry in charge of the spectrum auction has said winners would be announced within five days of bidding completion.

($1 = 1.2181 Canadian dollars)

 

(Reporting by Moira Warburton in Vancouver; Editing by David Gregorio)

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