Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Cobots, or “collaborative robots”, are a type of industrial robot designed to operate safely alongside human workers. Like conventional robots, they tend to take the form of a multi-jointed arm that can rotate, swivel, bend and contort to approach a job from any angle. Interchangeable tools at the end of their arms allow cobots to perform countless tasks, from assembling electronics and packaging pharmaceuticals to gluing and even welding. But the machines are smaller and more flexible than traditional robots, and are…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The European Central Bank should pause further interest rate cuts until at least September, one of its most hawkish policymakers has said, warning that “we should keep our powder dry” given the simmering EU-US trade war.Austrian central bank governor Robert Holzmann told the Financial Times he saw “no reason” for the ECB to lower rates at its June and July meetings. “Moving [interest rates] further south would be more risky than staying where we are and waiting until September,” Holzmann said, arguing…
Image: Getty Images/ For illustrative purposes Saudi Arabia’s Minister of Health, Fahad Al-Jalajel, announced on Monday that no epidemic cases have been detected among pilgrims during the ongoing Hajj season, affirming that there is no risk of disease outbreaks. “We are pleased to announce that no epidemic cases have been detected so far and there is no risk for outbreak of diseases. The health and safety of pilgrims remain our highest priority,” Al-Jalajel stated during a press conference in Riyadh. The kingdom’s extensive preparedness for Hajj 2025 has been guided by the directives of King Salman bin Abdulaziz Al Saud…
Elon Musk’s announcement that’s he returning full-time to his business endeavors comes as Tesla is fighting off intense competition in China, the company’s number two-market. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Robots have assisted surgeons for decades, but now they are being deployed to new areas of US hospitals as the healthcare industry grapples with an acute shortage of workers.One such robot is Diligent Robotics’ Moxi, a four foot tall humanoid on wheels with one arm and heart-shaped LED eyes. At 30 hospitals across the US, Moxi automates so-called “hunting and gathering” tasks like trips to supply closets that pull nurses away from patient care.Using Moxi’s lockable storage compartment, a pharmacist in one…
“So far, my daughter and her husband have a solid marriage.” Source link
Stay informed with free updatesSimply sign up to the Renewable energy myFT Digest — delivered directly to your inbox.The UK is likely to fall significantly short of its five-year target for offshore wind power, as developers continue to delay or cancel projects because of rising costs and poor returns, according to a new analysis.Sir Keir Starmer’s Labour government has made clean energy one of its key goals and said in December that it wanted at least 43 gigawatts of offshore wind generation to be built by 2030. But a report by energy research firm BNEF predicts that only 33GW will be…
Altman purchased 3 San Francisco homes last year for $12.8M each, next to his $27M mansion that’s now embroiled in a lawsuit. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US and European mining companies need to hurry up and invest in Greenland otherwise it will have to look elsewhere for help exploiting its minerals, including from China, a minister for the vast Arctic territory has warned.“We want to develop our business sector and diversify it, and that requires investments from outside,’’ Naaja Nathanielsen, Greenland’s minister for business and mineral resources, told the Financial Times. When asked about turning to China, she replied: ‘‘We do want to partner up with European and…
Stay informed with free updatesSimply sign up to the UK companies myFT Digest — delivered directly to your inbox.The Financial Times and its research partner, Statista, last year identified for the first time the very best companies to work for in the UK. IT group Cisco Systems came top, followed closely by insurer and asset manager Legal & General, and healthcare group Home Instead. The ranking listed 500 companies after an independent survey from a sample of about 20,000 employees.This year we are repeating the exercise to find out which companies are doing a great job for their staff —…