Pentagon drones cost 8 to 14 times more than banned Chinese ships

[ad_1] Camera drones developed by the Pentagon are more expensive and less capable than those made in China that they had to replace, according to an internal note from the US government seen by the Financial Times. The U.S. Department of the Interior, which heads the U.S. government’s largest unmanned civilian fleet, warns that so-called […]

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Pandemic deprives Asian garment workers of nearly $ 12 billion in wages

[ad_1] According to a labor rights group, Asian garment workers have been deprived of nearly $ 12 billion in wages and severance pay as international retailers canceled orders and demanded price reductions in the wake of the pandemic. . The clean clothing campaign said approximately 1.6 million garment workers had lost their jobs in seven […]

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The Delta variant is taken advantage of in developing countries as infections spread

[ad_1] The Delta coronavirus variant that has quickly become dominant in much of the world demands a very serious toll in dozens of developing countries, where vaccination levels are insufficient to prevent an increase in cases from becoming a wave. of the dead. As the economies of Europe and the United States that have successfully […]

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China trades the remnants of the Anbang empire for $ 5.2 million

[ad_1] China’s Anbang wreckage has been valued at more than $ 5.2 billion in the latest attempt by state controllers to disband the former high-flying group led by jailed tycoon Wu Xiaohui. Anbang, along with a cohort of conglomerates included HNA i Dalian Wanda, embodied China’s “exit” policy that led to aggressive investment and expansion […]

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Inditex and the future of retail: ‘Don’t believe in the death of the high street’

[ad_1] The two silver boxes, about 2 metres in height, look more like dry cleaning units than a big step towards the future of retail. But, as a line of trousers on hangers sways its way through them, it is the start of a tracking system that has helped the world’s biggest clothing seller bounce back […]

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The medical device industry is testing UK plans for post-Brexit divergence

[ad_1] Hopes that the UK will become a global innovation hub for new medical devices after Brexit will be dashed if the UK differs from EU standards in pursuit of a post-Brexit regulatory dividend, they warned industry experts. Ahead of a formal government consultation process later this summer, sector leaders in both industry and academia […]

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Democrats weigh in on support for Jay Powell as the Fed leadership election approaches

[ad_1] Brad Sherman, a California Democrat in the House of Representatives, said what many in his party believe in private when he asked President Joe Biden to re-appoint Jay Powell for a second term as chairman of the Federal Reserve. “I’ve experienced two economic crises in Congress: 2008 and 2020. And 2020 was much better […]

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Lila Ibrahim of DeepMind: “It’s hard not to go through the impostor syndrome”

[ad_1] Lila Ibrahim is the first chief operating officer in history DeepMind, one of the best known artificial intelligence companies in the world. He has no formal background in AI or research, which is the company’s main job, but oversees half of its workforce, a global team of about 500 people, including engineers and scientists. […]

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