Wednesday 19 September 2018
 
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New IMO regulations 'will impact oil export dynamics'

The new fuel oil regulations for the shipping industry set by the International Maritime Organisation (IMO) will have a major impact on shippers and Gulf producers of crude oil, says a new report from the Arab Petroleum Investments Corporation (Apicorp), the multilateral development bank focu

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Flexible working ‘top benefit for working parents’

Parents will increasingly demand flexible working options from employers to enable them to spend more time with their family, according to new research from workspace provider Regus. The survey found that 85 per cent of working parents would forfeit other benefits to take up flex

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Monetization of IIoT ‘a priority automation vendors’

By offering third-party-enabled Industrial Internet of Things (IIoT)-based solutions, industrial automation vendors have evolved to provide proprietary digital platforms via the Product-as-a-Service (PaaS) business model, a report said. The trend of digitalization in end-user ind

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Myths about 5G technology adoption dismissed

While mobile network executives share a belief in the long-term potential of 5G, more than half (53 percent) see no near-term business case for the technology, according to a new study from management consulting firm Bain & Company. Network operators that do not move quickly

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Insurers ready for new IFRS standards: KPMG report

Large insurers have stepped up their preparations for IFRS 17 and IFRS 9, but smaller insurers have fallen further behind in preparing, according to a new report from professional services firm KPMG International. Sixty-seven per cent of large insurers (with premiums over $10 bil

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Volvo Cars’ 360c: why fly when you can be driven?

Imagine a world in which you travel long distances without the need for airports. A world in which you can avoid airport security, hours of queuing and waiting, and noisy, cramped airliners.   What if, instead, you could take your own first-class private cabin t

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Are travel offerings becoming less personal?

Emerging technologies have created unprecedented opportunities for travel providers to offer context-relevant, personalised experiences. However, a new survey has found that many travel brands are still struggling to accurately personalise their offerings. Analysing responses fro

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Oil & gas among top performers in business: study

Oil & gas, metals & mining, and construction sectors emerged among the top 10 performers with over 10 per cent growth in both revenue and profitability between 2016 and 2017, said a report. Pharma, banking, and medical devices turned out to be the weakest performers with

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3 steps for countering oil sector related cyber threats

Cyber-attacks cost companies worldwide an estimated $300-400 billion each year in unanticipated downtime and that number is projected to increase sharply. Some large industrial organizations estimate their cost of downtime in the millions of dollars per hour. When a plant shuts down unexpectedl

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How long are we going to need that city?

At an altitude of 4,830 metres on the Everest Base Camp Trek, guess what you can find? Wi-fi access. Which means you can work, Facetime your loved ones, or Instagram your Everest selfies. By dispensing with the need for a physical presence, technology has made it possible to communicate, share

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