Business

Sony first-half net profit doubles, forecast revised up

Sony on Wednesday said net profit doubled in the April-September period and revised up its full-year forecast, citing growth in key sectors including gaming, which has been boosted by coronavirus lockdowns worldwide.

Energy & Green Tech

Wind forecasts power up for reliable energy production

Optimizing the integration of wind energy into a country's power network requires reliable forecasts of how wind speed and direction are likely to vary in time and space over the pending few hours. KAUST researchers have ...

Internet

Microsoft adds features to its Teams groupchat product

Microsoft Corp. has announced on its blog that it has added new features to Microsoft Teams, a group chat competitor to Zoom. In its announcement, Microsoft outlined the new features and included screen grabs to demonstrate ...

Business

IMF predicts worst Mideast downturn in half century

The IMF Monday again sharply lowered its Middle East and North Africa economic forecast, to its lowest level in 50 years, over the "twin shock" of the coronavirus pandemic and low oil prices.

Energy & Green Tech

New forecasting model improves solar panel performance

A new mathematical model for predicting variations in solar irradiance has been developed at Uppsala University. It may help to promote more efficient use of electricity from solar energy. In tests of various data models, ...

Business

JAL cuts profit forecast more than 40% as virus bites

Japan Airlines on Wednesday slashed its forecast for annual net profits by 43 percent because of the coronavirus, making it the latest carrier to fly into virus-related turbulence as global tourism plummets.

French auto sales plummet on virus shock

French new car sales in March plunged more than 72 percent and could be down 20 percent for the full year as the coronavirus outbreak sinks the market, industry figures showed Wednesday.

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