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In data: land military radar market share overtaken by air segment

While the market size for the Land Radar segment has been projected as $6bn for 2024 by GlobalData in the ‘The Global Military Radar Market Forecast 2023-2033’, this has been predicted to drop below $5bn for most of the next ten years while the value of the Air Radar segment is set to rise above it for the foreseeable future. The value of the Land segment starts at nearly $6bn in 2024, above the value of the Air Radar section at $5.3bn, but in 2025 this order is reversed, with Air’s market valu

The Year in Data: 2023 Defence M&A's

The Aerospace, Defence and Security sector has been highly active in terms of merger and acquisition (M&A) deals in 2023, recording a total deal value of $38bn for the calendar year, representing a 14.2% increase over 2022, where M&A activity was valued at $34bn, according to GlobalData’s ADS thematic intelligence centre. GlobalData’s report ‘Thematic Intelligence: Aerospace, Defense and Security M&A Deals Q3 2023 – Top Themes’, identifies the largest M&A of 2023 as the BAE Systems definitive s

Congo voting data reveal huge fraud in poll to replace Kabila

Martin Fayulu was the clear winner of the Democratic Republic of Congo’s presidential elections last month, a Financial Times analysis of two separate collections of voting data shows, contradicting claims from authorities that rival contender Felix Tshisekedi had won the historic vote. The analysis points to huge fraud in the first change of power since Joseph Kabila took over the presidency of the mineral-rich central African nation almost 18 years ago. It is likely to embolden critics of Mr

COVID-19 was a game changer, what now for the future of sport?

Empty stadiums, canceled fixtures and a massive loss of revenue: the pandemic has wrought havoc on everything from the Olympics to the Superbowl. But some sports have adapted better than others. The Super Bowl is usually America’s biggest sporting event, on a par with Thanksgiving and Christmas. COVID-19 took the shine off this year. There were 25,000 fans allowed at Tampa’s Raymond James Stadium, far short of the 65,890 capacity. Hit hard by the pandemic...

Fashion’s reshoring rush: Why now and for how long?

PVH chief supply chain officer Sarah Clarke announced the company would be closing down its operations in the Hawassa Industrial Park, a major manufacturing plant run for over five years and the first of its kind in Ethiopia, where PVH employed approximately 1,450 of the site's 30,000-person workforce as of last week. Due to the “speed and volatility of the escalating situation” surrounding the national emergency in Ethiopia, PVH said tha

A warning to markets over the exit poll

Sterling traders could be at risk of getting ahead of themselves if they respond too aggressively to tonight’s exit poll, which may be less precise than in recent years, leading academics have warned. Overconfidence in the exit poll, due to be released at 10pm London time, may lead to dramatic fluctuations later in the evening as election results are declared, warned David Firth, the Warwick University statistician who, along with Sir John Curtice of Str

2021: the year of Deep Tech

European deep tech companies are now worth a combined €700B, and account for a quarter of all VC investment in Europe. But what even is Deep Tech, what's special about a Deep Tech startup, why is it important that Europe shows global leadership, and how can that come about? This new European Startups report, in collaboration with Sifted, supported by the European Commission and European Parliament, shows that deep tech – including Artificial Intelligence, blockchain, robotics and quantum technology - explores the next frontiers of innovation, and Europe's place in the deep tech race.

A doubly stochastic rainfall model with exponentially decaying pulses

In this section, we start off our analysis with a model that allows the pulse lifetime to vary, while keeping the exponential distribution for initial pulse depth. One way to do this is to take the pulse lifetime d as a random variable with a specified distribution. Another approach is to take d as a parameter of the model and seek to estimate it from the data, along with other parameters. We take this second approach in this paper. When d is taken as a parameter, the expressions (4) to (6) for

Masters in management data highlights gender pay gap

Delving into the data gathered for masters in management rankings over the past decade underscores the inequality in pay between male and female alumni three years after graduation — but it also highlights some surprises. Other data show the most popular and lucrative careers for alumni and what happens to graduates’ incomes when they move abroad. Three years after graduating with a masters in management, the median salary for men is higher than that for women in every sector of employment. W

Parsimonious modelling of winter season rainfall incorporating reanalysis climatological data | Hydrology Research | IWA Publishing

Several Markov modulated Poisson process (MMPP) models are developed to describe winter season rainfall with parsimonious parameter use. We propose a methodology for determining the best form of seasonal model for fine-scale rainfall within a MMPP framework. Of those proposed here, a model with a fixed transition rate is shown to be superior over the other MMPP models considered. The model is expanded to include covariate data for sea-level air pressure, relative humidity, and temperature using

Bracketing: Fashion’s hidden returns problem

It’s become a common habit: customers fill up online carts with multiple sizes and colours of the same items. The plan is to try them on at home, decide what they like and send back the rest. The practice of over-ordering online in pursuit of the right size or style, known as bracketing, seems innocent but is wreaking havoc on retailers’ bottom lines. Bracketing increases the number of items going back to the fulfilment centre; the backwa

Voters left in the dark over money behind online election ads

Political campaign groups with no obvious affiliation to any of the UK’s main parties have bought thousands of Facebook ads in the first month of the general election campaign, in a digital battle for votes that transparency campaigners warn is too opaque to be adequately monitored. According to Financial Times analysis, these non-party groups, sometimes referred to as shadow campaigns, have spent more than half a million pounds on ads with Facebook and its subsidiary Instagram, as well as other online networks such as Google and Snapchat.

FT Global MBA ranking 2019

It pays to be on top in the business education market. Despite a torrid year for US schools, in which even the elite institutions suffered declines in applications, the same names make up the top 10 of the FT’s 2019 Global MBA ranking as last year. There have been notable shifts in their positions within the top 10, however. Shanghai-based Ceibs (China Europe International Business School) rises to fifth, up from eighth in 2018, making it the highest placed Chinese school to date. Harvard Busi

Executive Education 2019: Methodology and key

This is the 21st edition of the Financial Times rankings of the world’s leading providers of customised and open-enrolment executive education programmes. The first ranking features the top 80 business schools in customised executive education — courses tailored to the training needs of the organisations that commission them. The second ranking includes the top 80 schools for open-enrolment programmes — courses on specific topics, such as leadership, that are directed towards professionals rega

Executive Education 2019: the top 50 schools

Iese business school, based in Barcelona, tops the combined table for the fifth consecutive year. *This table is compiled from the scores underlying the Financial Times Executive Education 2019 open enrolment and custom rankings, rather than the final rankings; both sets of data are given equal weight, but the overall result is therefore not equal to the average of the two published ranking figures for each school.

FT Masters in Management Ranking 2019: analysis

The masters in management is a rare example of growing demand in today’s subdued global business education market. Applications to MiM programmes around the world rose almost 3 per cent last year, while MBA demand was flat, according to the Graduate Management Admission Council (GMAC). Masters in management courses are also performing better than other specialist masters degrees, such as those focused purely on accountancy or finance. Demand for all specialist business masters degree programmes

Asian business schools: key data for prospective students

While global applications to business schools have declined year-on-year, the outlook for business education in Asia is optimistic thanks to a buoyant domestic market. Nearly half (48 per cent) of the programmes in the region that responded to the Graduate Management Admission Council survey reported an increase in applications from domestic candidates this year. Some 37 per cent said applications from international students had increased. The picture is not so rosy for Australia, however. Som

FT Executive MBA 2019: methodology

This is the 19th edition of the FT’s annual ranking of the world’s top 100 executive MBA programmes for senior working managers. Participation in the ranking is voluntary and at the business school’s request. EMBA programmes must meet certain criteria to be eligible. First the school must be accredited by either the US’s Association to Advance Collegiate Schools of Business or Europe’s Equis. The EMBA must be cohort-based, with students enrolling and graduating together, and with at least 30 gr

HEC takes top spot in FT Executive MBA Ranking 2019

In this year’s Financial Times executive MBA ranking, HEC Paris takes the top spot, up from sixth place last year, helped by the career progress and work experience of the graduates surveyed. There is little movement elsewhere among the list’s top five programmes. The rankings of the EMBA-Global Asia, run by Columbia Business School, the University of Hong Kong and London Business School, and the Ceibs Global EMBA remain unchanged from last year, for example. The executive MBA is a part-time p

FT European Business Schools Rankings 2019

Europe is often portrayed as a sort of Goldilocks porridge of business education: not too hot, like the dynamic new Asian markets, but not too cold, like the US, where demand for most MBA courses is in decline. There is no guarantee, however, that the climate at European business schools will always be “just right”. The number of applications to full-time MBA courses was up at 63 per cent of European business schools this year, according to the Graduate Management Admission Council (GMAC), the
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