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.

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.

Automotive

Nissan downgrades forecasts as 9-month net profit plunges

Crisis-hit Japanese automaker Nissan said Thursday its net profit plunged more than 87 percent for the nine months to December as it struggles with weak demand and fallout from the arrest of former boss Carlos Ghosn.

Computer Sciences

Scalable forecasts for IoT in the cloud

This week at the International Conference on Data Mining, IBM Research-Ireland scientist Francesco Fusco demonstrated IBM Research Castor, a system for managing time series data and models at scale and on the cloud. Businesses ...

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