The Russian economy is the world’s 9th largest economy ($1.86 trillion) by nominal value and the sixth largest by Purchasing Power Parity ($2.51 trillion). It was massively transformed by the introduction of the free market system in 1991 and despite early difficulties has gone on to become one of the most influential new world BRIC economies
Posts Tagged ‘technology’
Telus to buy medical records provider in deal that will bring more doctors online
February 27th, 2013
admin MONTREAL — A division of telecom giant Telus (TSX:T) is buying Ontario’s largest electronic medical record business, increasing the number of paperless files and bringing more than 5,000 more doctors online. Telus Health says it’s acquiring MD Practice Software, part of a subsidiary of the Canadian Medical Association, for an undisclosed price.
Samsung reports 19% rise in sales to £32bn but warns of slowdown
January 26th, 2013
admin Samsung’s move to freeze spending amid uncertain prospects for the consumer electronics market spooks investors Samsung Electronics has cemented its position at the top of the mobile phone business, ahead of archrival Apple, after the technology group posted a 19% increase in sales but warned of a looming slowdown in the market. The South Korean firm, whose products range from memory chips to mobile phones, said fourth-quarter sales climbed to 56tn won (£32.2bn) while profits increased by 78% to 7tn won
Revealed: who can fly drones in UK airspace
January 26th, 2013
admin Missile manufacturer, police forces and golf video company among more than 130 groups licensed to use technology Defence firms, police forces and fire services are among more than 130 organisations that have permission to fly small drones in UK airspace, the Guardian can reveal. The Civil Aviation Authority list of companies and groups that have sought approval for the use of the unmanned aerial vehicles, UAVs, has not been published before – and it reflects the way the technology is now being used.
Two billion YouTube music video views disappear … or just migrate?
December 30th, 2012
admin Reports that Universal and Sony Music were stripped of billions of view counts turn out to be exaggerated by over 1.9bn Ah, the beauty about Christmas is that stories – already rebutted – can get a second life after the holiday season. And the beauty about writing about the music business is that everybody is prepared to believe that there is a great rock’n'roll swindle out there.
New Yorker marches to beat of artificial heart
December 15th, 2012
admin Dec. 14 – With the number of donor hearts too low to meet the demand from cardiac patients, the use of temporary total artificial hearts is becoming more commonplace.
Ex-GM engineer, husband found guilty of stealing trade secrets to help Chinese rivals
December 2nd, 2012
admin An ex-General Motors Co. engineer and her husband were found guilty of stealing trade secrets on hybrid-car technology from the automaker to help develop such vehicles in China.
Groupon: from dotcom star to just another coupon business
December 2nd, 2012
admin A year ago, it was ‘the fastest-growing company in the world’. Last week, the deals website’s founder barely survived a bid to throw him off the board Last November, Andrew Mason, former music student turned internet wunderkind, was celebrating.
Groupon’s Andrew Mason survives board meeting over CEO’s fate
November 30th, 2012
admin Daily deal website has seen its share price tumble since its IPO as directors may still want to replace chief executive Groupon boss Andrew Mason appears to have survived a fractious board meeting at the troubled daily deal website. But insiders said unhappy board members are still keen to oust the company’s once feted founder
Asian Currency Preview Thai Baht, RMB, KRW, JPY, Peso, Taiwan Dollar
November 4th, 2012
admin …rate Friday to a level that meant the currency had to decline to stay within the trading band.
Summers: Youth unemployment potentially the biggest problem of our time
November 4th, 2012
admin Former US Treasury Secretary Larry Summers, discusses youth unemployment in The Telegraph : “Youth unemployment has never been a more serious problem,” he says. “All the studies and data show that when young people have a career path and get in the habit of working hard, the benefits are long-term.
UPDATE 1-UBS says no jobs decision in ongoing business review
October 13th, 2012
admin ZURICH, Oct 13 (Reuters) – UBS on Saturday said final decisions in an ongoing business review have not yet been taken, after a newspaper reported the Swiss bank is set to axe around 2,000 jobs in information technology to cut costs.
Innovation – who would dare oppose it? | Aditya Chakrabortty
October 2nd, 2012
admin Growth-hungry Britain prizes innovation. But how do colossal TVs or self-sorting smart socks boost our standard of living




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Clear winners among newspaper websites after Olympics
Effect of Games is difficult to gauge, but website readerships continue to soar on Mail, Guardian and Telegraph For round one of the great Olympics standoff, Times circulation went up 0.9% in August against 0.49% for the Daily Telegraph – but the Telegraph , angry at seeing gold medals going the Thunderer’s way, demanded a recount.