Tag Archives: in

Robots in finance could wipe out some of its highest-paying jobs

Robots have replaced thousands of routine jobs on Wall Street. Now, they’re coming for higher-ups. That’s the contention of Marcos Lopez de Prado, a Cornell University professor and the former head of machine learning at AQR Capital Management LLC, who testified in Washington on Friday about the impact of artificial intelligence on capital markets and jobs. The use of algorithms in electronic markets has ... Read More »

Pisa: Mixed report for Scottish education in world rankings

Scotland has been given a mixed report in an important piece of international research on education. The Pisa report measures the performance of 600,000 15-year-olds worldwide. Since the last report, Scotland’s performance in reading has improved but it declined in maths and science. Education Secretary John Swinney welcomed the improvement in reading but said there were still challenges in science and ... Read More »

When market meets education: Why we need institutes like JNU in India

Free market encourages the maximum growth of ‘skilled education’ (management, technology and so on), trying to bind both natural science and social sciences. Since the free market is driven by technology, it binds the natural sciences quite effortlessly. It also tries to bind social sciences that form the basis to formulate policies for the market to grow. However, the free ... Read More »

Profiles In Innovation: Leading At The Edge Of Education

Innovation requires adding method to creativity, and innovation in the education sector particularly demands this. In our last piece we discussed the massive complexities of the sector including the fact that innovation takes place in 132,000 separate localities and that it necessitates changes in the interrelated parts that make up the core design of schools. In this piece we would like ... Read More »

Hero Corp could buy 10-15% stake in Max Financial Services Ltd

NEW DELHI: Sunil Kant Munjal’s Hero Corp is set to buy a significant minority stake from Analjit Singh in Max Financial Services LtdNSE -1.35 %, said two people familiar with the development. The listed Max Financial houses Max Life Insurance, the largest non-bank private life insurer in the country. Singh, who has pledged more than 90% of the promoter stake in Max Financial, ... Read More »

Nissan names new finance chief, some managers to leave in latest shake-up

TOKYO- Nissan Motor Co on Friday appointed American Stephen Ma as its next chief financial officer and said Hitoshi Kawaguchi and other veteran executives were stepping down, a shake-up that one source said marked a “generational change” at the automaker. The announcement comes just weeks after the Japanese company named the head of its China business, Makoto Uchida, as its next chief executive. Following the ... Read More »

No spending increase on education in Alberta budget

. These are the draft plans for the new Paul Kane School. The province plans to maintain its capital commitments for new and modernized schools. This is a developing story and will be updated as information and reaction from stakeholder groups becomes available. Spending on education in Alberta won’t increase for the next four years as the provincial government works ... Read More »

Morocco to issue international bond in November: Finance Minister

RABAT (Reuters) – Morocco plans a first international bond in four years in November, worth about $1 billion, but will wait before deciding on the exact amount, the currency and the date of issue, the Finance Minister said on Tuesday. Moroccan Minister of Finance Mohamed Benchaaboun speaks during a news conference in Rabat, Morocco October 22, 2019. REUTERS/Youssef Boudlal “We ... Read More »

Overseas firms looking to invest in Ujjivan Small Finance Bank via IPO

Overseas investment firms such as Elevar Equity Mauritius and NewQuest Asia Investments may be looking to invest in Ujjivan Small Finance Bank through its Rs 1,200-crore initial public offering, which is likely before November. The two are existing investors in Ujjivan Financial Services–the publicly listed holding company of the bank–along with International Finance Corporation and CX Partners. “Many existing investors of Ujjivan are showing interest ... Read More »

Quantum computer bests all conventional computers in first claim of ‘supremacy’

The age of quantum computing may have begun not with a flashy press conference but with an internet leak. According to a paper posted briefly–and presumably mistakenly–to a lab site, physicists at Google have used a quantum computer to perform a calculation that would overwhelm the world’s best conventional supercomputer. Although the specific computation has no known use, the result ... Read More »