uncertainties

For years, the world has known what it has to do about climate change: hold the line at 1.5 degrees Celsius to stave off the worst effects of warming. To do so we need to make serious cuts to carbon emissions, fast—at least 42 percent from 2019 levels by 2030. That’s been the aim since 2015, when world leaders came together to sign the Paris Agreement. So around this time last year, when global climate negotiators arrived at the United Nations’ annual Conference of Parties meeting, known as COP26, they came with a clear…

A number of finance chiefs at some of the country’s biggest companies have left their jobs in recent weeks, an exodus that comes amid the pressures that high inflation and the Covid-19 pandemic have had on corporate balance sheets and the economic outlook.Fall is often a period of heightened CFO turnover, because this is when companies tend to launch searches to bring in new finance executives for the early part of the next year, recruiters said. This time around, however, recruiters are seeing more churn than usual among…

Sometimes in the world of business, the best defence is a good offence, and it seems like Samsung Electronics Vice Chairman Lee Jae-yong wanted to share this message with a handful of key figures at the South Korean tech giant to fend off rising challenges to its business.Lee held a meeting with five heads of Samsung's major divisions over the weekend to discuss its business strategy amid a weak memory chip market and intensifying trade conflict between the US and China, Yonhap news agency reported on Monday.The de facto…

Every business is vulnerable to threats like running out of cash or getting outcompeted and can be affected by natural calamities, but only a few become irrelevant as new age technology and trends advance. The COVID-19 pandemic further created more uncertainties that made businesses realise the imperative need to address various issues and ensure their assets and businesses are future-proof, particularly amid the unprecedented time of business volatility. While business environments are always evolving, the new…

South Korea's SK Hynix, a chip supplier to Apple and Huawei, on Friday warned of growing uncertainties, after posting its lowest quarterly profit in seven years, hit by a protracted industry downturn.The tech company said it would be cautious about investments despite improvements in demand, joining its bigger rival Samsung Electronics in offering a guarded outlook amid trade tensions between the United States and China and the new coronavirus outbreak in China.SK Hynix, the world's No. 2 memory chip maker after Samsung…

The IT spending in India is likely to reach $114.9 billion in 2022, growing 7.7% from last year, a Gartner reports said.Global economic uncertainty continues to be an area of concern for the Indian enterprises. Indian IT spend is expected to maintain robust 7.7% growth in 2022 as compared to 2021 growth rate of 21.2%."Ongoing investment on hyper-scale data centers coupled with average selling price (ASP) increase is forecast to drive 13.6% revenue growth for data centers in 2022. Digitisation and application modernization…

Weather Data; Aleatoric & Epistemic UncertaintyHumidity as a function of Temperature. More Details in Text. (Source: Author)Performances of Deep Neural Networks (DNNs) rely on the ability to progressively build and extract features from large data. Though these deep models are usually adaptive the performance depends on the data distribution. The robustness property is important in various applications such as computer vision tasks, eg. autonomous driving, because the outdoor environments may naturally vary. One thing…

The Truckee River in Reno, Nev. during high flow conditions after a storm in late January, 2016. Credit: Kelsey Fitzgerald / DRI Flood frequency analysis is a technique used to estimate flood risk, providing statistics such as the "100-year flood" or "500-year flood" that are critical to infrastructure design, dam safety analysis, and flood mapping in flood-prone areas. But the method used to calculate these flood frequencies…

Taipei, Leading iPhone manufacturer Foxconn on Tuesday said that despite the global macro-economic factors affecting businesses worldwide, it will have a better than expected full-year performance as supply chain improves in China which is facing Covid lockdowns.In a shareholders' meeting at the company's headquarters in New Taipei City, Young Liu, chairman of Foxconn, raised the company's outlook for the current quarter and the full year, reports Nikkei Asia."We previously forecast this year we would maintain a similar…

With the EU still wrangling with Hungary over the ban on Russian oil, the market jitters over tight supply fears. European Council President Charles Michel says he is confident that an agreement can be reached before the council's next meeting on May 30.…