NHS England to invest in AI over the next twelve months

NHS England will invest in artificial intelligence (AI) over the next 12 months, NHS England Chief Executive Simon Stevens told delegates at the Health and Care Innovation Expo in Manchester. Backing Sir John Bell’s recommendations from the Life Sciences Industrial strategy, Stevens said the NHS needs to ‘get smarter’ in their use of AI and machine learning to improve quality of care: “John Bell’s report identified the faster application of AI in the NHS as one of the four big…

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In first Indian real estate investment Mitsubishi invests Rs 180 crore in Shriram Properties project

Marking Mitsubishi’s entry into the Indian real estate sector, the company’s investment arm and Shriram Properties signed definitive agreements for partnership in an ongoing large residential development project in Chennai. Under the agreement, Mitsubishi is investing Rs 180 crores towards a 70% stake in an ongoing residential project named “Shriram Park 63”. The project is under development at GST Road in Chennai, with 1,450 residential units and 2 million square feet of saleable area. Shriram said that it has a…

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TransCanada Vs. Enbridge: Which Is A Better Choice For Dividend Investors? – TransCanada Corporation (NYSE:TRP)

Summary TransCanada (TRP) and Enbridge (ENB) are Canada’s largest pipeline operators/regulated utilities. TransCanada is definitely not as well-known or covered, so I thought it might be useful for investors to compare it to Enbridge. Both companies offer investors strong dividend yields, backed by reliable revenues and cash flows, and double-digit earnings potential, backed by the companies’ many accretive capital projects. Even though both companies are excellent choices for dividend investors, I believe Enbridge to be the superior alternative due to…

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Mitsubishi’s 1st investment in Indian real estate, infuses Rs 180 cr in Shriram Properties project

New Delhi, Sep 6 () Japan’s Mitsubishi Corporation will invest Rs 180 crore to acquire 70 per cent stake in Shriram Properties’ residential project at Chennai, marking its maiden investment in the Indian real estate sector. Shriram Properties and an investment arm of Mitsubishi Corporation have signed definitive agreements for partnership in an ongoing large residential development project in Chennai, the realty firm said in a statement. As per the agreement, Mitsubishi arm is investing about Rs 180 crore towards…

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Jericho Foundation’s £100,000 investment success highlights the ‘SITR Opportunity’

This is the first investment from the Resonance West Midlands SITR Fund, launched earlier this year with £1.25m initial investment dedicated to providing affordable finance to social enterprises committed to dismantling poverty in the region. Richard Beard, the CEO of Jericho Foundation, is using the cash injection to help it take on a third building in Sutton Coldfield for its ReUsers business, which takes unwanted stuff heading to the tip and turns it into items that people want to buy.…

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Chanelle Group to create 350 jobs in Galway with €86m investment

Lady Chanelle McCoy is director of medical business at the group. Photo: Steve Humphreys Chanelle Group to create 350 jobs in Galway with €86m investment Independent.ie Chanelle Group is to create 350 jobs at its headquarters in Loughrea, County Galway, with an €86m investment. https://www.independent.ie/business/jobs/chanelle-group-to-create-350-jobs-in-galway-with-86m-investment-37288783.html https://www.independent.ie/incoming/article37288794.ece/5edbb/AUTOCROP/h342/II%20GOLD%20CUP%201SH.jpg Email Chanelle Group is to create 350 jobs at its headquarters in Loughrea, County Galway, with an €86m investment. The positions at the Irish-owned company, which manufactures pharmaceutical products, will be created over the…

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Financial cops warn of investment scam

(CNS): The RCIPS Financial Crimes Unit is investigating reports of a fraudulent investment company said to be based in the Cayman Islands which is targeting investors in New Zealand.  The FCU said several people have already lost money to this scam, including one who lost more that US$20,000. The police warned anyone considering investing money in Cayman companies to do proper research of the company of choice to ensure its legitimacy. The police advised people making any investments to be cautious and…

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Norway’s 1 trillion sovereign wealth fund sustainability expectations 

Norway’s $1 trillion sovereign wealth fund has said that it expects businesses to “manage the challenges and opportunities related to sustainable uses of the ocean.” Norges Bank Investment Management (NBIM), which manages Norway’s sovereign wealth fund on behalf of the finance ministry, said Wednesday that companies should, among other things: integrate ocean sustainability into strategy; integrate material ocean-related risks into risk management; and act responsibly and transparently on ocean-related governance. Businesses should also, NBIM said, “disclose how ocean sustainability forms…

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Tencent invests $1 billion in Chinese real-estate brokerage Lianjia

One of China’s largest real-estate brokerages is planning to raise about $2 billion from investors including Tencent Holdings Ltd. and private-equity firm Warburg Pincus LLC, according to people familiar with the matter. The private fundraising round is likely to value the Beijing-based company known as Lianjia at about $13 billion, the people said. Lianjia, whose formal name is Homelink Real Estate Agency Co., was founded in 2001 and has scores of brick-and-mortar branches in Beijing, Shanghai and other Chinese cities.…

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Awasthi: Investment in Customers Service, Key to Business Growth

Ajay Awasthi The Chief Executive Officer of Spectranet, Mr. Ajay Awasthi speaks on the benefits of investing in customer service as well as the need for investments that will further drive broadband penetration. Emma Okonji presents the excerpts: Licensed Infrastructure Companies (InfraCos) are playing important roles in terms in rolling out broadband infrastructure across the country. Are these roles helping Internet Service Providers (ISPs) to deploy their services? The biggest challenge of rollout at this point in time is the…

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21st Century Fox invests $100m into streaming startup Caffeine

Newly-formed Caffeine Studios’ will use Fox Sports’ experience to create esports and games programmes for new broadcasting platform Share this article Caffeine, a new streaming platform focuses on video games and other forms of entertainment, has received $100 million in funding from 21st Century Fox. The TV and film giant led a new investment round for Caffeine, with additional funding secured from existing investors Andreessen Horowitz and Greylock Partners, as well as unnamed partners. However, only 21st Century Fox’s invested…

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Egypt targets investments of LE 3.4T in 4 years: Min.Nile International

Egypt aims at raising the investments to LE 3.4 trillion in the upcoming four years,Planning Minister Hala el-Saeed said Wednesday. This came during her closing speech of the Euromoney Conference. Saeed added that the state is now focusing on the industrial sector to raise the Egyptian exports and provide job opportunities. Regarding the partnership between the public and private sectors, she said that Egypt took measures to boost this partnership, including the economic reform program which encourages investors to invest…

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Fox invests US$100 million in broadcasting platform Caffeine

REUTERS: Twenty First Century Fox said on Wednesday it made a US$100 million investment in social broadcasting platform Caffeine. Stakes in Caffeine and a newly formed venture, Caffeine Studios, will be part of the proposed new “Fox” after the Disney deal, the company said in a statement. Advertisement Fox is in the process of selling the bulk of its film and television assets to Walt Disney Co in a US$71 billion deal, which is expected to close in the first…

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21st Century Fox Invests In Caffeine

21st Century Fox (FOXA,FOX) and Caffeine, a social broadcasting platform for gaming, entertainment, and other creative content announced that 21CF led a round of funding, which also included participation from existing Caffeine investors Andreessen Horowitz and Greylock Partners, and other undisclosed partners. 21CF invested a combined $100 million into Caffeine and a newly formed venture called Caffeine Studios that is jointly owned by FOX Sports and Caffeine. Lachlan Murdoch, 21CF’s Executive Chairman, will join Caffeine’s Board. Caffeine also announced a…

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Bahrain’s Investcorp invests in Swiss private bank

Bahrain-based Investcorp has announced a strategic minority investment in Banque Paris Bertrand Sturdza, an independent, Swiss-regulated private bank based in Geneva and Luxembourg. The bank, which has assets under management (AuM) of $5.4 billion, provides independent investment advice and customised investment solutions to over 400 high-net-worth individuals, family offices and institutional clients mainly from Switzerland and Europe. The bank will be renamed Banque Paris Bertrand SA (PB), and will remain operationally independent, a statement said. The investment from Investcorp will…

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Sygnus Credit looks beyond Jamaica for investment prospects | Business

Start-up investment company Sygnus Credit reported profit of US$1.4 million for year ending June 2018. “As a start-up we set ourselves three objectives: raising enough capital through private placement that would be fully invested out in our first year; then there was the successful IPO, and internally we wanted to generate a profit despite normal expectations to the contrary,” said Berisford Grey, CEO of Sygnus Capital, which are advisers to Sygnus Credit. The company was launched in January 2017, and…

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