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Data centre revenue forecast to surpass RM1bil this year

KUALA LUMPUR: Malaysia Digital Economy Corp Sdn Bhd (MDEC) is optimistic that revenue generated by the data centre service industry in the country would exceed RM1bil this year. Director of digital enablement Wan Murdani Wan Mohamad (pic) said MDEC also ... read more

Politics mask Brazil’s economic risks

The central bank’s survey shows consensus forecasts of 0.5% for this year and 2.3% next. Ironically, this is where political risk may come to have an impact on the economy. Goldman Sachs points out that August’s confidence data revealed a decline in ... read more

Merlin Entertainments' (MIINF) CEO Nicholas Varney on Q3 2017 Trading Update (Transcript)

So within that, not just the strong accommodation performance but also the revenue ... year. We have a 250 second bedroom hotel at LEGOLAND California, directly opposite the first, which is very successful. We have 250 bedroom hotel plus SEA LIFE Centre ... read more

Trading Day: live markets coverage; ASX hits highest level since June; plus analysis and opinion

The local share market booked its best run over six sessions since March to close at a near four-month high, healthcare stocks led gains after the Federal government announced industry reforms and insurers pledged to pass on cost savings. The benchmark S ... read more

Renold issues profit warning amid breakdowns and cost increases

As a result, the company’s board said it now expected adjusted operating profit for the group for the year to 31 March 2018 to be “slightly below” the lower end of the current range of analyst forecasts. Group revenue ... to pass on those costs ... read more

Cognitive Systems Spending Market - Ability to Diffuse Huge Data in the Banking Sector Likely to Boost the Global Cognitive Systems Spending Market

Over the 10-year ... forecast. Software will remain the second largest segment with over US$ 5 Bn revenues in 2026, accounting for over 25% share. On the basis of technology, Natural Language processing segment is expected to continue preeminence and ... read more

Markets Live: ASX slumps again

"Recent economic data ... a revenue rebound in fiscal 2018 "given margin headwinds, slowing housing loan growth and elevated first half 2017 markets income." Revenue forecast were cut by around 2 per cent and the analysts now expect another flattish year ... read more

LONDON MARKET EARLY CALL: easyjet Expects Profit At Upper End Of Range

LONDON (Alliance News) - Shares are called to open higher on Friday, with sterling extending losses from Thursday's Brexit worries, while US nonfarm payrolls due at 1330 BST take the centre ... There was a year-on-year 3.7% reduction in revenue per seat ... read more

Tsunami forecasting: The next wave

As soon as the shaking died down on 11 March last year ... centres will then combine the DART data with spatial models of coastlines to predict the severity of the flooding more quickly. “Within half an hour, you can get a very high-quality forecast ... read more

Live blog: Gitex Technology Week 2015 in Dubai

HP is forecasting modest mid-single ... here at Gitex Technology Week this year so how do they catch the attention of the 140,000 visitors expected to pass through the halls at the Dubai World Trade Centre this week? I’ve had a look around and spotted ... read more