Get ready for the robot revolution – and fast

first_imgMonday 17 September 2018 11:31 pm Get ready for the robot revolution – and fast Share Tags: Trading Archive The rise of the robots has generated a fierce debate – one in which the doomsayers shout the loudest. whatsapp The main issue is that those displaced from their old jobs may not have the skills – or even live in the right place – to take advantage of new opportunities. That’s why the WEF also urged governments to prepare to reskill workers, and to put safety nets in place for those who fall through the cracks.That’s a challenge that governments need to start confronting soon if they want to be ready for the next technological revolution. Because while the WEF may think that the rise of the robots will be essentially positive, the British public remains unconvinced.New research from New Scientist Live out today reveals that, while 30 per cent of people think artificial intelligence will fuel economic growth, 53 per cent fear it will become smarter than humans, and 37 per cent worry that it will increase inequality.Recent history has revealed the risk of backlash when change is too fast and governments fail to take note – ignoring concerns about the future paves the way for populist leaders promising to turn back the clock on progress.This conversation is now well underway, and politicians should focus on the immense gains that are to be had – as well as planning for the disruption that’s coming our way.Read more: Elon Musk teases AI project to create ‘superhuman cognition’ whatsapp Rachel Cunliffe However, according to the World Economic Forum (WEF), the future is bright: for every job that machines are due to displace worldwide by 2022, they will create almost two more – a net positive of 58m.They will also “vastly improve” the productivity of existing jobs, leaving people with the more meaningful and human tasks.Read more: Robots will create more jobs than they takeThat’s the good news. The downside is that it will come with significant disruption – not just in traditional industries like manufacturing, but for a sizeable proportion of the service economy.Increasing productivity is important, but it cannot be the only metric of success. Remember, if it takes two workers one day to produce a product, and one of them is replaced with a machine, the productivity of that process will double, but employment will halve, and output will remain the same. The key to fuelling economic growth is to find ways for technology to enhance rather than replace the work of a human.last_img read more

Mitie shares soar as outsourcer swings back to profit

first_imgBentley said: “Our strategy of focusing on our larger businesses and strategic accounts where our technology offer is a true differentiator is beginning to deliver value for shareholders. Over 2018 and 2019 we sharpened our focus by continuing to invest in customer service and technology and by exiting non-core businesses. whatsapp Carillion’s collapse in early 2018 followed by Interserve’s slide into administration this year has market 18 months of turmoil for the industry. It has called into question the government’s policy of having private sector companies carrying out public services. Why it’s interesting Profit before tax was £36.4m after one-off costs for the year ending 31 March. This represents a marked improvement on last year’s £15.4m loss. Revenue rose 9.4 per cent to £2.2bn. Read more: Mitie ‘would be foolish’ not to consider Interserve support services arm The FTSE 250 firm enjoyed strong performance in its core facilities management and engineering businesses. But it was hit by “disappointingly” high exceptional costs of £38m, which hampered profits. This time last year, fellow outsourcer Mitie was also struggling, registering £15.4m losses and spiralling debt. But chief executive Phil Bentley has turned the firm’s fortunes around on both fronts, swinging back to profit and making a £52.8m debt in its net debt via a turnaround plan named Project Helix. The figures The once crowded field of London-listed outsourcing companies has depleted in recent years. What Mitie said The outsourcer cut its net debt to £140.7m, down from last year’s £193.5m. whatsapp Read more: Mitie order book shrinks as outsourcers continue to face challengescenter_img The plan has seen Mitie focus more on its strengths, while it has worked to offload non-core businesses. Mitie Group shares rose eight per cent this morning as the outsourcer announced it had swung back to profit in its full-year results. Mitie Plc. HS1 Ashford International Credit: Ed Robinson/OneRedEye Share Mitie shares soar as outsourcer swings back to profit after restructuring Exceptional costs included spending £15.1m on restructuring, £8.7m on acquisitions and disposals, while other items such as pension debt came to £23m. “Project Helix has provided solid foundations for Mitie’s future growth, enabling investments in our people, customers and technology. With the foundations now built, we are now moving to Project Forte focused primarily on driving simplicity and efficiency in Engineering Services. Together with our focus on strategic accounts and larger businesses, we should see continued improvement in the Group’s profits. At the same time, we are making good progress in strengthening our balance sheet.” Alex Daniel Thursday 6 June 2019 9:44 am Without the costs, Mitie would have made £74.4m in profit before tax, an 11.5 per cent improvement on last year. More From Our Partners Kansas coach fired for using N-word toward Black playerthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comConnecticut man dies after crashing Harley into live bearnypost.comlast_img read more

Matt Hancock: No guarantee that coronavirus laws will end in six months

first_img More From Our Partners Matt Hancock: No guarantee that coronavirus laws will end in six months The government has insisted that keeping the act in place is vital for ensuring that support schemes such as furlough can legally continue. However, as many as 60 Conservative MPs could rebel against the extension amid concerns that restrictions will be written into law far beyond the conclusion of the PM’s roadmap.  “Keeping the act in place will continue to provide important support to individuals, businesses and allow essential public services to function,” a government spokesperson said. Share The Liberal Democrats are also set to oppose the extension, with leader Ed Davey accusing the government of trying to secure a “blank cheque” for introducing new restrictions. Thursday 25 March 2021 3:03 pm “When we do come to retire this Act, which we must within one year and preferably within six months, we will need to make sure that we can continue to do that sort of thing and make sure that nurses can be enrolled as easily as possible into the NHS.” whatsapp This evening’s vote on the Coronavirus Act is expected to pass, with Labour set to support the extension. Poppy Wood The Coronavirus Act was introduced as a temporary measure in March last year to grant minsters emergency powers during the pandemic. It hands the government the ability to enforce Covid restrictions such as national lockdowns, “stay at home orders” and the closure of schools. The Prime Minister has insisted that all Covid restrictions are due to expire on 21 June under his roadmap for leaving lockdown. Steve Baker, deputy chairman of the lockdown-sceptic Covid Recovery Group, said the measures were “excessive and disproportionate”, and that the emergency powers “should now go”. center_img An extension will not mean lockdown restrictions are set to be rolled over until October, but that the government will retain the power to enforce sweeping measures at any time during the extension period. Matt Hancock said he “cannot answer” whether the Coronavirus Act will expire in six months’ time (Getty Images) Speaking at a Commons debate on a potential extension of the legislation, Matt Hancock said: “There are parts of this Act that have allowed us to do good things that everybody would like to see like that. Tags: Coronavirus Re-lockdown Vaccine MPs are set to vote on an extension of the Coronavirus Act this evening, which if passed would hand the government powers to enforce Covid rules for another six months. Matt Hancock said he “cannot answer” whether the Coronavirus Act will expire in six months’ time (Getty Images) Also Read: Matt Hancock: No guarantee that coronavirus laws will end in six months He added that today’s vote on the extension provided a “rare opportunity for MPs to say no to a new way of life in a checkpoint society, under extreme police powers, that we would not have recognised at the beginning of last year.” The health secretary has refused to commit to ripping up the Coronavirus Act in six months, telling MPs that emergency Covid laws could stay in place for another year. whatsapp Show Comments ▼ He added: “But I cannot answer whether we will be retiring it in six months. My preference would be yes, but given the last year, I think a prediction would be hasty.” Matt Hancock said he “cannot answer” whether the Coronavirus Act will expire in six months’ time (Getty Images) Also Read: Matt Hancock: No guarantee that coronavirus laws will end in six months last_img read more

L&Q and Development Securities in £150m regeneration contract on Edgeware Road

first_imgMonday 22 December 2014 8:58 pm whatsapp L&Q and Development Securities in £150m regeneration contract on Edgeware Road Show Comments ▼ Property firms L&Q and Development Securities have entered into a partnership to deliver the new £150m regeneration project at 399 Edgware Road in north west London.The planned residential quarter, which is currently a vacant site, will include 183 apartments and townhouses for private sale set around landscaped gardens as well as cafes, shops and restaurants and a two-form entry primary school.  In addition, a new Morrisons supermarket and retail units are now under construction and set to complete in September 2015. The residential development is anticipated to start on site in summer 2015. Jerome Geoghegan, group director of development and sales at L&Q, said: “This agreement will help create a vibrant new quarter in north west London, bringing together an exciting mix of new retail, community and educational facilities with the additional homes that London so desperately requires.” Analysts at Peel Hunt said the partnership seemed “a very good deal” for Development Securities, pointing out that although the short terms profits are in-line with the current management guidance,  “just a couple of years ago this asset wasn’t expected to produce any profit and management were considering exiting at cost”.  Development Securities’ shares closed up 0.3 per cent yesterday.   whatsapp Tags: NULL Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsAdvertisement This game will keep you up all night!Hero WarsUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndo Share Express KCS last_img read more

Premium / Market Insight: Toll Group – the bell is tolling for Mr Mullen

first_img Please Login << Go back I had a long chat with a senior Deloitte manager out of the United States some time ago and he warned me about the perils of trying to address logistics issues with a touch of genius that only consultancy firms enjoy at times.What works on paper, he argued, is often not worth the paper it’s written on. That was his first-hand experience working for one of the four global majors.One problem, he also added, is that the logistics sector’s investors ... LOGIN Forgotten your password? Please click here New Premium subscriber REGISTER Please either REGISTER or login below to continue Email* Email* Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium By Alessandro Pasetti 12/12/2019 Reset Your Password Premium subscriber LOGIN Password* Resetlast_img read more

RBC GAM launches BlueBay Global Convertible Bond Fund

Related news Keywords Fund launchesCompanies RBC Global Asset Management BMO to launch six new mutual funds Share this article and your comments with peers on social media Wealthsimple launches Sharia-compliant ETF “We have recently seen a lot of risk aversion in the market due to ongoing volatility. As a result, we are pleased to offer additional choice to investors seeking to combine the security of bonds with the upside potential of equities,” says Doug Coulter, president of RBC GAM. “Managed by Michael Reed, senior portfolio manager, and Alessandro Esposito, portfolio manager, the new fund draws on the depth of BlueBay’s fixed income expertise. The fund provides another way for Canadians to access the global convertible bond markets and diversify their portfolios,” he adds. The new fund invests primarily in global convertible bonds, which tend to have low correlations to other bonds in a rising rate environment and offers less volatility than equities. RBC GAM says the fund is appropriate for investors seeking a combination of current income and capital growth potential and who want exposure to a portfolio of global convertible bonds to diversify the fixed-income portion of their overall portfolio. Investors should have a long-term investment horizon and should be able to tolerate a medium level of investment risk. The new fund is available to individual investors through six low-fee options: Series A; Advisor Series; Series H; Series F and Series I (available via financial advisors); and Series D (available via direct-to-client platforms, PH&N Investment Services and RBC Direct Investing). The management fees for each fund series are as follows: Series A, 1.70%; Advisor, 1.70%, Series H, 1.45%; Series F, 0.95%; Series I, 0.70%; and Series D, 1.10%. Series H and Series I units are available for investors with a minimum investment of $200,000. The funds are also available to institutional investors through Series O. IE Staff RBC Global Asset Management Inc. (RBC GAM) Monday announced the launch of BlueBay Global Convertible Bond Fund, sub-advised by BlueBay Asset Management LLP, a specialist fixed income and alternative asset manager based in London, England. The fund is available to individual and institutional investors across Canada. Fidelity Investments unveils new climate-focused fund suite Facebook LinkedIn Twitter read more

Focus on the Causes of Crime – Dr. Rhodd

first_imgRelatedFocus on the Causes of Crime – Dr. Rhodd Advertisements Focus on the Causes of Crime – Dr. Rhodd UncategorizedJuly 5, 2008 FacebookTwitterWhatsAppEmail Opposition Deputy Spokesman on National Security, Dr. Donald Rhodd, has said that while debates centre on crime fighting initiatives, it is becoming increasingly important for policy-makers and stakeholders to address the causes or root of crime.Making his contribution to the 2008/09 Sectoral Debate in Gordon House yesterday (June 3), Dr. Rhodd said that crime is now regarded as the most pressing problem affecting Jamaica and has emerged as one of the most critical security challenges facing the region.“Addressing crime, requires a combination of institutions, as well as partnerships between the state, citizens and civil society. Citizens have a unique role to play in crime fighting, they are the fundamental bridge and can close the gap between the community and the state,” Dr. Rhodd said.He said that crime control has become a central developmental issue and an important public policy concern in most Caribbean countries.Dr. Rhodd outlined three areas of focus that he believes is important to stemming crime in the country.He pointed to mentoring models for young males at risk, as crucial to reducing the impact that delinquency has on communities, families and youth. Noting that men, ages 19 and under, account for approximately 25 per cent of Jamaica’s population, and as such, it is important that this group is targeted.Dr. Rhodd noted also that building trust between the citizens and the security forces is important, pointing out that trust and integrity as cornerstones of effective policing.“An environment of intense hostility towards the security forces creates several challenges to protecting citizens. Appropriate mechanisms must be tailored to foster trust, cultivate dialogue and social cohesion between citizens and the security forces,” Dr. Rhodd said.The third area of focus pointed out by the Deputy Opposition Spokesman was models of citizen involvement in crime fighting. Dr. Rhodd said that the involvement of residents in maintaining public safety in their communities has long been a subject of interest to the criminal justice community.“The major theoretical argument behind this claim is that people who live together in the same community possess a synergistic capacity to regulate the behaviour that occurs in that community. Violence prevention at the local level is imperative,” he said.Dr. Rhodd informed that citizen involvement in crime fighting is necessary to alleviate the escalating levels of crime, noting that, the community is the most intensive point of police-citizen contact.“Any democratic solution to the problem of crime control and the police-citizen relations must include people participation at the source of the problem; the community is perhaps the best unit for both understanding the problem and developing workable solutions,” the Opposition MP said.center_img RelatedFocus on the Causes of Crime – Dr. Rhodd RelatedFocus on the Causes of Crime – Dr. Rhoddlast_img read more

NSW ensures access to GM crop innovation

first_imgNSW ensures access to GM crop innovation The NSW Government has announced access will continue for approved genetically modified crop innovations, as it will not seek to continue an 18-year moratorium that is due to expire on 1 July 2021.The decision will align NSW with all other major States, ensuring that innovators and farmers are not disadvantaged in the future.The moratorium expiring will encourage stronger research and innovation and ensure easier access to current and future GM crops approved for commercialisation. Access will be maintained to all GM crops that have been approved through the Office of the Gene Technology Regulator’s robust assessments.With the global population expected to reach 9.7 billion by 2050, agricultural technologists and food science researchers must develop tools to reach growing population’s needs. An increasing number of Australian farms are R&D driven, technologically advanced, capital intensive, and entrepreneurial. The agritech industry strives to enhance seeds and crops, improve diet and provide functional foods for preventative health.The fourth edition of the Official Australian Reference Guide to Agricultural Biotechnology and GM Crops was published in October by the Agricultural Biotechnology Council of Australia (ABCA). It considers developments in agritech with a focus on the role of gene-editing, and includes regulation requirements across the country, and how consumer attitudes have evolved, in Australia and globally. AusBiotech is a founding member of ABCA. Download the Guide here. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:agbiotech, AusBiotech, Australia, Australian, biotech, biotechnology, Biotechnology Industry, disadvantaged, Download, gene-editing, global population, Government, industry, innovation, NSW, regulation, research, science, technologylast_img read more

WATCH: Clark County TODAY LIVE • Wednesday, November 11, 2020

first_imgFurloughed Vancouver Public Schools employees feeling the strain Vancouver City Council steps closer to new two-year budget Deputies involved in officer-involved shooting identified After more than two months of unpaid furlough or reduced hours, many Vancouver Public Schools employees are facing tough choices.Read more Posted by ClarkCountyToday.com|Wednesday, November 11, 2020 |in : PeopleVIDEO: Local World War II veterans share their experiences — Part Two: Harry Generaux Posted by ClarkCountyToday.com|Tuesday, November 10, 2020 |in : NewsDeputies involved in officer-involved shooting identified Posted by Chris Brown|Wednesday, November 11, 2020 |in : NewsFurloughed Vancouver Public Schools employees feeling the strain A dozen citizens commented Monday on a proposed two-year budget for Vancouver, upset that police funding is not being cut.Read more Posted by Paul Valencia|Wednesday, November 11, 2020 |in : SportsBattle Ground’s Kaden Perry to Gonzaga highlights Signing Day Battle Ground’s Kaden Perry to Gonzaga highlights Signing Day Investigation into the Oct. 29 officer-involved shooting that resulted in the death of Kevin E. Peterson Jr. is ongoing. The three deputies involved in the incident were…Read more A Vancouver native, now 97, shares his experiences fighting overseas in World War II.Read more COVID-19 lockdown has created significant challenges in schools. Increased stress on teachers, poor student attendance and performance are issues of remote learning.Read more Basketball stars Kaden Perry of Battle Ground, Faith Bergstrom of Camas, Jaydia Martin of Hudson’s Bay, and Skylar Bea of Washougal among those who expect to sign letters…Read more AdvertisementThis is placeholder textTags:Clark CountyLatestshare 0 Previous : COVID lockdown has significant challenges for students and teachers Next : Vancouver City Council steps closer to new two-year budgetAdvertisementThis is placeholder text Posted by Chris Brown|Wednesday, November 11, 2020 |in : NewsVancouver City Council steps closer to new two-year budget VIDEO: Local World War II veterans share their experiences — Part Two: Harry Generaux COVID lockdown has significant challenges for students and teachers Posted by ClarkCountyToday.com|Wednesday, November 11, 2020 |in : NewsCOVID lockdown has significant challenges for students and teachers WATCH: Clark County TODAY LIVE • Wednesday, November 11, 2020Posted by ClarkCountyToday.comDate: Wednesday, November 11, 2020in: Newsshare 0 WATCH: Clark County Today Veterans Day series ; Ongoing investigation into officer involved shooting in Hazel Dell ; The new Vancouver City Council budget ; Vancouver schools furloughed employees are frustrated ; Ridgefield superintendent speaks on child well-being ; Clark County basketball athlete reaches signing day.WATCH: Clark County Today Veterans Day series ; Ongoing investigation into officer involved shooting in Hazel Dell ; The new Vancouver City Council budget ; Vancouver schools furloughed employees are frustrated ; Ridgefield superintendent speaks on child well-being ; Clark County basketball athlete reaches signing day.last_img read more