Markets
Americans Milgrom, Wilson win Nobel Prize for economics
- October 12, 2020
He said that his interest in auction theory dated back to the 1950s and that he thought the time for winning a Nobel Prize had already passed. Wilson, who was born in 1937 in Geneva, demonstrated why rational bidders tend to place bids below their own best estimate of the common value , because they're anxious about the so-called winner's curse , which describes the phenomenon of paying more than something's actually worth. (more...)
- October 12, 2020
He said that his interest in auction theory dated back to the 1950s and that he thought the time for winning a Nobel Prize had already passed. Wilson, who was born in 1937 in Geneva, demonstrated why rational bidders tend to place bids below their own best estimate of the common value , because they're anxious about the so-called winner's curse , which describes the phenomenon of paying more than something's actually worth. (more...)
Americans Paul Milgrom, Robert Wilson win Nobel prize in economics
- October 12, 2020
In practice, this was adopted by American authorities in 1994 as a method to sell radio frequencies to telecom operators. Before the 1990s, the US government essentially conducted "beauty contests" to hand out the frequencies, letting companies make their case for getting the licenses. (more...)
- October 12, 2020
In practice, this was adopted by American authorities in 1994 as a method to sell radio frequencies to telecom operators. Before the 1990s, the US government essentially conducted "beauty contests" to hand out the frequencies, letting companies make their case for getting the licenses. (more...)
China joins COVAX coronavirus vaccine alliance
- October 12, 2020
Initially, China did not agree to join the alliance, after missing an early deadline to join in September. The United States, for example, has booked 800 million doses through six developers. China could be trying to ensure that the vaccines it is developing find a global platform. World Health Organization says the COVAX Facility will also maintain a buffer of doses for emergency and humanitarian use, including dealing with severe outbreaks before they spiral out of control. (more...)
- October 12, 2020
Initially, China did not agree to join the alliance, after missing an early deadline to join in September. The United States, for example, has booked 800 million doses through six developers. China could be trying to ensure that the vaccines it is developing find a global platform. World Health Organization says the COVAX Facility will also maintain a buffer of doses for emergency and humanitarian use, including dealing with severe outbreaks before they spiral out of control. (more...)
Germany's BioNTech signs deal with New Zealand for 1.5 million vaccine doses
- October 12, 2020
BNT162b2 is an mRNA-based vaccine now in a Phase III trial at multiple sites globally. Two of these have entered phase -II trials after completing phase-I. The announcement by the British embassy in Bangkok did not specify how many doses of the vaccine candidate, AZD1222, would be distributed in Thailand. (more...)
- October 12, 2020
BNT162b2 is an mRNA-based vaccine now in a Phase III trial at multiple sites globally. Two of these have entered phase -II trials after completing phase-I. The announcement by the British embassy in Bangkok did not specify how many doses of the vaccine candidate, AZD1222, would be distributed in Thailand. (more...)
China joins WHO-led COVAX for fair access to Covid-19 vaccines
- October 12, 2020
The United States, for example, has booked 800 million doses through six developers. These vaccines will be delivered equally to all participating countries, proportional to their populations, initially prioritising healthcare workers then expanding to cover 20% of the population of participating countries. (more...)
- October 12, 2020
The United States, for example, has booked 800 million doses through six developers. These vaccines will be delivered equally to all participating countries, proportional to their populations, initially prioritising healthcare workers then expanding to cover 20% of the population of participating countries. (more...)
U.S. Economists Awarded Nobel Memorial Prize in Economic Sciences
- October 12, 2020
Paul R. Milgrom , born 1948 in Detroit, USA. Both are academics at Stanford University in the US. Shirley and Leonard Ely Jr. Professor of Humanities and Sciences, Stanford University, USA. The youngest laureate to win the Nobel Prize in the Economic Sciences is Esther Duflo, who won the award at the age of 46 a year ago for her "experimental approach to alleviating global poverty". (more...)
- October 12, 2020
Paul R. Milgrom , born 1948 in Detroit, USA. Both are academics at Stanford University in the US. Shirley and Leonard Ely Jr. Professor of Humanities and Sciences, Stanford University, USA. The youngest laureate to win the Nobel Prize in the Economic Sciences is Esther Duflo, who won the award at the age of 46 a year ago for her "experimental approach to alleviating global poverty". (more...)
Waymo driverless robotaxi service expanding in Phoenix
- October 12, 2020
According to Waymo, 5-10% of its rides in 2020 have been fully driverless, working with a small group of users who have signed non-disclosure agreements to participate. "You can imagine we'd love the opportunity to bring the Waymo One driver to our home state of California", Krafcik said . Krafcik noted the company is sanitizing the vehicles regularly as well as requiring riders to wear masks at all times during their trip. (more...)
- October 12, 2020
According to Waymo, 5-10% of its rides in 2020 have been fully driverless, working with a small group of users who have signed non-disclosure agreements to participate. "You can imagine we'd love the opportunity to bring the Waymo One driver to our home state of California", Krafcik said . Krafcik noted the company is sanitizing the vehicles regularly as well as requiring riders to wear masks at all times during their trip. (more...)
Waymo driverless robotaxi service expanding in Phoenix
- October 12, 2020
According to Waymo, 5-10% of its rides in 2020 have been fully driverless, working with a small group of users who have signed non-disclosure agreements to participate. "You can imagine we'd love the opportunity to bring the Waymo One driver to our home state of California", Krafcik said . Krafcik noted the company is sanitizing the vehicles regularly as well as requiring riders to wear masks at all times during their trip. (more...)
- October 12, 2020
According to Waymo, 5-10% of its rides in 2020 have been fully driverless, working with a small group of users who have signed non-disclosure agreements to participate. "You can imagine we'd love the opportunity to bring the Waymo One driver to our home state of California", Krafcik said . Krafcik noted the company is sanitizing the vehicles regularly as well as requiring riders to wear masks at all times during their trip. (more...)
Waymo begins full driverless public service in Phoenix
- October 12, 2020
Barriers between the front row and rear passenger cabin for safety will be added to the cars later this year. The process of scaling the technology, Krafcik said, has been arduous. And over the next few weeks, the program will open up to even more passengers. Now, starting today, Waymo is really opening up to the public. Those who are lucky enough to have access to the app will now be able to ride in any of Waymo's 300-plus autonomous minivans. (more...)
- October 12, 2020
Barriers between the front row and rear passenger cabin for safety will be added to the cars later this year. The process of scaling the technology, Krafcik said, has been arduous. And over the next few weeks, the program will open up to even more passengers. Now, starting today, Waymo is really opening up to the public. Those who are lucky enough to have access to the app will now be able to ride in any of Waymo's 300-plus autonomous minivans. (more...)
Waymo begins full driverless public service in Phoenix
- October 12, 2020
Barriers between the front row and rear passenger cabin for safety will be added to the cars later this year. The process of scaling the technology, Krafcik said, has been arduous. And over the next few weeks, the program will open up to even more passengers. Now, starting today, Waymo is really opening up to the public. Those who are lucky enough to have access to the app will now be able to ride in any of Waymo's 300-plus autonomous minivans. (more...)
- October 12, 2020
Barriers between the front row and rear passenger cabin for safety will be added to the cars later this year. The process of scaling the technology, Krafcik said, has been arduous. And over the next few weeks, the program will open up to even more passengers. Now, starting today, Waymo is really opening up to the public. Those who are lucky enough to have access to the app will now be able to ride in any of Waymo's 300-plus autonomous minivans. (more...)
Waymo Goes Public With Self-Driving Ride Service
- October 12, 2020
Waymo's autonomous vehicles operate in a 100-square-mile area of Phoenix, but the fully driverless rides will take place in a 50-square-mile area in the suburbs of Chandler, Tempe, and Mesa. Still, offering rides to all customers is a huge advantage over its competitors. More importantly, in the context of a new-normal pandemic era, FCA had instrumented a technology that would clear the air of a minivan after every ride. (more...)
- October 12, 2020
Waymo's autonomous vehicles operate in a 100-square-mile area of Phoenix, but the fully driverless rides will take place in a 50-square-mile area in the suburbs of Chandler, Tempe, and Mesa. Still, offering rides to all customers is a huge advantage over its competitors. More importantly, in the context of a new-normal pandemic era, FCA had instrumented a technology that would clear the air of a minivan after every ride. (more...)
Waymo opens its fully driverless service to the public in Phoenix
- October 12, 2020
Waymo said it cleans its vehicles multiple times throughout the day, in addition to temperature-screening its maintenance workers and regularly flushing the cars' cabin air through their climate control systems. But human safety drivers are not being retired completely just yet. At the moment, Waymo One only works within a 100-square-mile area in Phoenix. (more...)
- October 12, 2020
Waymo said it cleans its vehicles multiple times throughout the day, in addition to temperature-screening its maintenance workers and regularly flushing the cars' cabin air through their climate control systems. But human safety drivers are not being retired completely just yet. At the moment, Waymo One only works within a 100-square-mile area in Phoenix. (more...)
Driverless Waymo rides available to public starting Thursday in Phoenix
- October 12, 2020
There will also be no remote monitoring person who can take charge in emergency situations and drive the auto, and this type of tour will be conducted for several weeks, and then Waymo re-introduces the backup drivers behind the wheel of some cars so that the company can work to expand its service area. (more...)
- October 12, 2020
There will also be no remote monitoring person who can take charge in emergency situations and drive the auto, and this type of tour will be conducted for several weeks, and then Waymo re-introduces the backup drivers behind the wheel of some cars so that the company can work to expand its service area. (more...)
Festive stimulus: Govt to launch LTC Cash scheme, special advance to employees
- October 12, 2020
He said the capital expenditure move is a positive measure as it will help the state government to finance the ongoing capital projects. Under LTC cash voucher scheme, government employees can opt to receive cash amounting to leave encashment plus 3 times the ticket fare, to buy items that attract GST of 12 percent or more. (more...)
- October 12, 2020
He said the capital expenditure move is a positive measure as it will help the state government to finance the ongoing capital projects. Under LTC cash voucher scheme, government employees can opt to receive cash amounting to leave encashment plus 3 times the ticket fare, to buy items that attract GST of 12 percent or more. (more...)
Microsoft to let staff work from home permanently
- October 12, 2020
In a blog post on the site, Microsoft explained that it will now allow employees to work from home for less than 50 percent of their working hours, or for managers to approve permanent remote work. In the meantime, Microsoft is preparing for a future where employees don't want to return to their physical offices. Using the new guidance, workers are given more flexibility to work from home until USA offices eventually reopen. (more...)
- October 12, 2020
In a blog post on the site, Microsoft explained that it will now allow employees to work from home for less than 50 percent of their working hours, or for managers to approve permanent remote work. In the meantime, Microsoft is preparing for a future where employees don't want to return to their physical offices. Using the new guidance, workers are given more flexibility to work from home until USA offices eventually reopen. (more...)
Rishi Sunak announces extension of Job Support Scheme
- October 12, 2020
Watch: What is the Chancellor's Job Support Scheme? The scheme, which was announced at the end of September, pays up to 2/3 of an employee's wages that have been lost. Sunak announced an "expansion" of the Job Support Scheme (JSS), which will replace the national Coronavirus Job Retention Scheme at the end of this month. (more...)
- October 12, 2020
Watch: What is the Chancellor's Job Support Scheme? The scheme, which was announced at the end of September, pays up to 2/3 of an employee's wages that have been lost. Sunak announced an "expansion" of the Job Support Scheme (JSS), which will replace the national Coronavirus Job Retention Scheme at the end of this month. (more...)
India's GDP likely to contract 9.5% in FY'21, says RBI
- October 12, 2020
However, both private investment and exports are likely to be subdued, especially as external demand is still "anaemic". Das said GDP is likely to contract by 9.5 percent in the fiscal ending March 2021, however growth is likely to pick up in the second half of the fiscal and enter into the positive zone in the January-March quarter. (more...)
- October 12, 2020
However, both private investment and exports are likely to be subdued, especially as external demand is still "anaemic". Das said GDP is likely to contract by 9.5 percent in the fiscal ending March 2021, however growth is likely to pick up in the second half of the fiscal and enter into the positive zone in the January-March quarter. (more...)
Trump Delivers Remarks At 1st Public Event Since Positive Coronavirus Test
- October 12, 2020
The president had not been seen in public - other than in White House-produced videos - since his return five days ago from Walter Reed National Military Medical Center, where he received experimental treatments for the coronavirus . "So, if the president goes 10 days without symptoms, and they do the tests that we were talking about, then you could make the assumption, based on good science, that he is not infected", Fauci said Thursday on MSNBC. (more...)
- October 12, 2020
The president had not been seen in public - other than in White House-produced videos - since his return five days ago from Walter Reed National Military Medical Center, where he received experimental treatments for the coronavirus . "So, if the president goes 10 days without symptoms, and they do the tests that we were talking about, then you could make the assumption, based on good science, that he is not infected", Fauci said Thursday on MSNBC. (more...)
It’s About Time: Yelp Will Now Mark Business Pages Accused Of Racism
- October 12, 2020
Yelp's announcement had many wondering how it will carry out the initiative and guarantee that businesses are not falsely targeted with reports of racism or defamatory reviews, which can hurt an establishment. The company has an existing policy for flagging businesses accused of being racist based on news reports or social media posts. The " Public Attention Alert " was meant to address that, while Thursday's "Business Accused of Racist Behavior " alert expands on that by providing users ... (more...)
- October 12, 2020
Yelp's announcement had many wondering how it will carry out the initiative and guarantee that businesses are not falsely targeted with reports of racism or defamatory reviews, which can hurt an establishment. The company has an existing policy for flagging businesses accused of being racist based on news reports or social media posts. The " Public Attention Alert " was meant to address that, while Thursday's "Business Accused of Racist Behavior " alert expands on that by providing users ... (more...)
LSE nears RM22.5b Borsa Italiana sale to Euronext, Italian Banks
- October 12, 2020
Shares of the LSE Group closed the regular session about 0.5% down on Friday. London sells the Milan Stock Exchange for $. for this day. The LSE said previously it was considering a sale in order to meet European Union regulator requirements that it divest certain assets in order to get approval for its purchase of U.S. (more...)
- October 12, 2020
Shares of the LSE Group closed the regular session about 0.5% down on Friday. London sells the Milan Stock Exchange for $. for this day. The LSE said previously it was considering a sale in order to meet European Union regulator requirements that it divest certain assets in order to get approval for its purchase of U.S. (more...)
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"No Plan" To Protect Residents: LTC Report