OCBC beats forecast with 5% rise in Q1 profit to $1.98 billion
The Straits Times Business News Earnings rose on the back of higher non-interest income and a pickup in loan growth. Go to Source 10/05/2024 – 03:03 / Twitter: @hoffeldtcom
New AI model could streamline operations in a robotic warehouse
MIT News – Artificial intelligence Hundreds of robots zip back and forth across the floor of a colossal robotic warehouse, grabbing items and delivering them to human workers for packing and shipping. Such warehouses are increasingly becoming part of the supply chain in many industries, from e-commerce to automotive production. However, getting 800 robots to […]Continue reading
Sturgeon fights back tears: Key moments from Covid inquiry evidence
BBC News – Home Nicola Sturgeon fought back tears as she said part of her wished she had not been first minister when the pandemic struck. Go to Source 31/01/2024 – 21:03 / Twitter: @hoffeldtcom
Off-peak tube and rail fare trial to start on Fridays in London
Coronavirus | The Guardian Three-month scheme to try to tempt back passengers since Covid lockdowns will begin in March Transport for London will trial lower, off-peak fares on Fridays on the tube and rail services in the capital to try to tempt back passengers who have stayed at home since the pandemic lockdowns.Sadiq Khan, the […]Continue reading
UK economy shrank by more than expected in October
BBC News – Home Higher interest rates and bad weather held back growth as the economy continues to stagnate. Go to Source 13/12/2023 – 09:06 / Twitter: @hoffeldtcom
Alibaba sheds $20 billion in market value after scrapping plans to list its cloud business
US Top News and Analysis Alibaba lost more than $21 billion in market cap off the back of its ill-fated cloud spinoff plans, according to CNBC calculations of data from FactSet. Go to Source 17/11/2023 – 12:03 / Twitter: @hoffeldtcom
Generating opportunities with generative AI
MIT News – Artificial intelligence Talking with retail executives back in 2010, Rama Ramakrishnan came to two realizations. First, although retail systems that offered customers personalized recommendations were getting a great deal of attention, these systems often provided little payoff for retailers. Second, for many of the firms, most customers shopped only once or twice […]Continue reading
Netflix flips the streaming script again with a return to growth mode
US Top News and Analysis After last year’s Great Netflix Correction, Netflix is back in growth mode, adding nearly 9 million subscribers in the second quarter. Go to Source 19/10/2023 – 00:03 / Twitter: @hoffeldtcom
Sunak fails to hand WhatsApp messages from time as chancellor to Covid inquiry
Coronavirus | The Guardian Exclusive: PM claims he has changed phone since running the Treasury and did not back up the messagesRishi Sunak has failed to hand over his WhatsApp messages from his time as chancellor to the Covid inquiry despite the high court ruling that ministers should disclose their communications for scrutiny.In his witness […]Continue reading
High Streets see revival of weekend shopping
BBC News – Business With more workers back in offices many people are returning to pre-pandemic habits, a retail group says. Go to Source 07/04/2023 – 09:04 / Twitter: @hoffeldtcom