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Fitch Ratings-Moscow/London-01 December 2016  OPEC’s agreement to cut production by 1.2 million barrels of oil per day, and the potential agreement to cut with non-OPEC countries, should help accelerate market re-balancing and increases the chances of more rapid oil price recovery than previously expected, says Fitch Ratings. But implementation risks remain, including OPEC’s adherence to the agreement and the willingness of other participants, notably Russia, to co-operate […]

Researchers have succeeded in measuring tiny changes in strong magnetic fields with unprecedented precision. In their experiments, the scientists magnetized a water droplet inside a magnetic resonance imaging (MRI) scanner, a device that is used for medical imaging. The researchers were able to detect even the tiniest variations of the magnetic field strength within the droplet. These changes were up to a trillion times smaller than the […]

The threat of disruption means CIOs and their c-suite peers are under more pressure than ever before to develop creative solutions to business challenges. Almost three quarters (73 per cent) of companies around the world believe they are exposed to digital disruption today, according to Tech Research Asia. Such is the threat of change that 61 per cent of these firms are taking affirmative action and trying […]

Been on a safari? Swum with dolphins? Tracked bears in the wild? It’s time for something different, then. Luckily, there are plenty of new experiences being launched around the world. Swimming with humpbacks Ningaloo Reef, Australia The Ningaloo Reef has been one of the world’s best spots for swimming with whale sharks for a few years now, but this year, operators have been licensed to run swimming […]

Good morning. Here’s our daily summary of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Since Jim VandeHei and John Harris proved most everybody to be idiots, VandeHei can only hope that reflexive suspicion of his new gambit again proves to be entrepreneurial bliss. The two journalists famously pitched the notion of an all-politics digital […]

MIT researchers have developed a computational model which aims to capture the human elements of facial recognition and implement it in our artificial intelligence (AI) and machine learning systems. On Thursday, MIT revealed the research, conducted at the Center for Brains, Minds, and Machines (CBMM), headquartered at the Massachusetts Institute of Technology. The researchers designed a machine learning system which implements the new model and they have […]

  Photo The fully-restored 3,800-year-old jug with a human statue that resembles Auguste Rodin’s “The Thinker,” which was found in Yehud, Israel. Credit Israel Antiquities Authority/Clara Amit European Pressphoto Agency Reading this article right now, you might resemble this 3,800-year old statue resting its cheek upon its hand. It’s a common pose for computer browsing, but a rare sight in Bronze Age pottery. A group of high […]

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An Indian aerospace startup has said that it will launch its mission to the moon in a year’s time, as it takes part in a Google-funded competition to become the world’s first-ever privately held company to make a soft landing there. A group of more than 100 scientists and engineers, including around a dozen former ISRO scientists, make up Axiom Research Labs’ Team Indus. The team is […]

A terrorist cell formed by a group seeking recognition from the ISIS terror network is already operating and planning a big attack in Manila. This comes as the Philippine capital was placed on its highest terror alert for the first time in 16 years following the arrest of two alleged militants over a makeshift bomb planted near the US Embassy on Monday. A senior police officer, who […]

By Roslan Khasawneh | SINGAPORE SINGAPORE Oil prices slipped on Friday as some investors opted to cash out after Brent touched 16-month a high on Thursday, with optimism over this week’s OPEC-Russia accord on cutting output giving way to questions on the “sticking point” of implementing the deal. International Brent crude oil futures LCOc1 were trading at $53.36 per barrel at 0446 GMT, down 58 cents, or […]

Female orchid mantis adults mimic the appearance of flowers due to their ancestors’ association with flowers to capitalize on an easy source of food, pollinating insects, researchers have discovered. Source

Fully operational since July, Electrochaea’s one-megawatt BioCat facility near Copenhagen converts excess electrical power from wind turbines and waste CO2 from the neighboring water treatment plant into methane for the natural-gas grid. Credit: Ronnie Ranch Hedegaard, courtesy of Electrochaea One of the biggest challenges to wider adoption of wind and solar power is how to store the excess energy they often produce. A technology developed at the […]

Petrochemicals companies led Gulf stock markets higher on Thursday in response to OPEC’s first agreement on output cuts to prop up oil prices since 2008 – a deal that could allow governments to ease austerity policies slightly. Expectations for the deal had already boosted oil and Gulf bourses on Wednesday, but the agreement included bigger production cuts than many analysts had expected, lifting oil prices higher on […]

Hello Bill, I’ve followed GATA and LeMetropoleCafe since 1999. Following the work of you, Chris and GATA contributors has been most interesting. I follow a lot of media, including many sites not under the control of the Russian government, such as the Wall Street Journal. For an American who is not an insider GATA is the single best source news and analysis of the economy and financial […]

Tomaso Poggio, a professor of brain and cognitive sciences at MIT and director of the Center for Brains, Minds, and Machines, has long thought that the brain must produce “invariant” representations of faces and other objects, meaning representations that are indifferent to objects’ orientation in space, their distance from the viewer, or their location in the visual field. Credit: Massachusetts Institute of Technology MIT researchers and their […]

Tax compliance gets easier for companies, but new data highlights post-filing challenges across the world JOHANNESBURG, South Africa, December 1, 2016/  Economies around the world continue to make progress in simplifying and reducing the burden of tax compliance on business, according to the latest edition of Paying Taxes 2017, a report by the World Bank Group and PwC (www.PWC.com ). Released today, the report finds that the Total […]

There is no association between a mother having flu anytime during her pregnancy and an increased risk of giving birth to a child with Autism Spectrum Disorders (ASD). This was the finding of a recent study that analyzed more than 196,000 children born between 2000 and 2010. The research, published in the online journal JAMA Pediatrics, Nov. 28, was conducted by Ousseny Zerbo, Ph.D., of Kaiser Permanente […]

When it comes to very large numbers, it can be hard to get the right perspective. If you had to count it, a €40bn pile of cash would be somewhat daunting. Place it next to to the Italian national debt, however, and the pile becomes a pimple. The number matters because it was the amount the government proposed using to assist troubled financial institutions earlier this year. […]

By James Pearson | SEOUL SEOUL Impoverished North Korea is not known for a bustling manufacturing industry but has earned a reputation in some African states for a highly visible export – its huge socialist-style statues. On Wednesday, the U.N. Security Council imposed new sanctions aimed at cutting North Korea’s annual export revenue by a quarter in response to its fifth and largest nuclear test in September. […]

Saudi Arabia’s aviation agency was attacked last month by an aggressive computer virus intended to disrupt high-profile government targets, officials and experts said on Thursday. The attack, which experts say emanated from outside the country, used a version of Shamoon, malware used to target the Saudi energy sector four years ago. Similar kinds of data-clearing software were used in 2014 against the Las Vegas Sands and Sony. […]

Image: Getty Images/iStockphoto Neural networks, machine-learning systems, predictive analytics, speech recognition, natural-language understanding and other components of what’s broadly defined as ‘artificial intelligence’ (AI) are currently undergoing a boom: research is progressing apace, media attention is at an all-time high, and organisations are increasingly implementing AI solutions in pursuit of automation-driven efficiencies. The first thing to establish is what we’re not talking about, which is human-level AI […]

By Kristina Cooke | MENLO PARK, Calif. MENLO PARK, Calif. Facebook Inc (FB.O) is working on automatically flagging offensive material in live video streams, building on a growing effort to use artificial intelligence to monitor content, said Joaquin Candela, the company’s director of applied machine learning. The social media company has been embroiled in a number of content moderation controversies this year, from facing international outcry after […]

It’s one thing reaching an age when your friends and contemporaries start dying and you begin to wonder when it will be your turn. It’s quite another to find yourself pronounced the world’s oldest person. In May, that honour fell to Emma Morano, an Italian woman born in 1899, when the former holder of the title passed away. On May 12, Susannah Mushatt Jones, born in Alabama […]

In this Feb. 25, 2014 file photo, theSamsung Galaxy S5 is displayed at the Mobile World Congress in Barcelona, Spain, Tuesday, Feb. 25, 2014. Leading tech companies are increasingly nudging consumers to use their own fingers, faces and eyes as digital key to unlock phones and other gadgets. But there are downsides: Hackers could still steal your fingerprint, or its digital representation. And police may have broader […]

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