Monday 25 May 2020

Saudi economy is solid, can deal with deficit: Al-Jadaan

The Minister of Finance and Acting Minister of Economy and Planning, Mohammed bin Abdullah Al Jadaan has said the Kingdom of Saudi Arabia has faced this (Covid-19) crisis from a position of strength.   He said this during an interview on "Al-Arabiya" t


More HR chiefs prioritising staff experience after Covid

Sixty-four per cent of human resources leaders taking part in a survey are prioritizing employee experience more highly now than before the coronavirus outbreak, said a new report by Gartner, a top research and advisory company. To effectively choreograph the return to the workpl


Sovereign wealth funds maintain exposure to risk assets

Sovereign wealth fund portfolios have proved more resilient to the market rout in March and April 2020 than widely supposed, says a new report from the International Forum of Sovereign Wealth Funds (IFSWF), a global network of sovereign wealth funds from nearly 40 countries, and State Street


Global IT spending to decline 8pc in 2020: Gartner

Worldwide IT spending is projected to total $3.4 trillion in 2020, a decline of 8 per cent from 2019, due to the impact of Covid-19, according to the latest forecast by leading global research and advisory company Gartner. The coronavirus pandemic and effects of the global econom


People living longer, but Covid-19 threatens progress

All over the world, the Covid-19 pandemic is causing significant loss of life, disrupting livelihoods, and threatening the recent advances in health and progress towards global development goals highlighted in the 2020 World Health Statistics published by the World Health Organization (WHO).


Reduced demand for global oil supply may be permanent

Some stress had already begun to appear in the global oil markets at the turn of the year. The US and Europe were in the middle  of an unusually warm  winter, which reduced  energy demand.    In the US, investors were prioritising capital dis


Four ways machine learning is powering the mobility revolution

When Switzerland decided to slash congestion and pollution by removing tens of thousands of cargo trucks from its Alpine highways, it built the Gotthard Tunnel, the longest and deepest rail tunnel in the world.    This feat of modern engineering is a boon t


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