UK house prices for first-time buyers rose 13% last year, so where is the cheapest place to buy?
The pace of scientific disruption and technological invention has slowed down considerably, scientists have found.
A new paper warns that the vast amount of new scientific and technological knowledge does not appear to be contributing to new disruptive finding and innovations.
Scientists sought to examine whether technological process was speeding up or slowing. To do so, they examined 45 million scientific papers and 3.9 million patents, taken from across six decades.
They analysed that information with a tool known as the CD index, which measures the effect that papers and patents have on citations in science and technology. That is able to give out a “disruptiveness score” that can be used to tell how much a paper has changes science and technology.
They aimed to use the vast set of scientific research to examine two different kinds of breakthrough: those that add onto existing knowledge and so reinforce our existing understanding, and those that are truly disruptive and make old knowledge obsolete while giving researchers new directions to examine.
The authors found that new research is becoming less disruptive, and more in keeping with the existing status quo. That is happening across all disciplines, but particularly in the social sciences and technology, they found.
It is not definitively clear why that is happening. But the authors suggest that scientists and inventors are looking within increasingly narrow fields for their new discoveries.
“A healthy scientific ecosystem is one where there’s a mix of disruptive discoveries and consolidating improvements, but the nature of research is shifting,” said Russell Funk, a researcher at the University of Minnesota and lead author on the paper. “With incremental innovations being more common, it may take longer to make those key breakthroughs that push science forward more dramatically.”
A paper describing the findings, ‘Papers and patents are becoming less disruptive over time’, is published today in the journal Nature.
The Austrian group cited the offer's valuation of 34 euros per share, deeming it too low, as well as a potential delisting from the Vienna Stock Exchange as contrary to the interests of the firm. Furthermore, Austria's economy ministry sent its conditions to the bidder, insisting that IFM could not nominate more than two candidates for elections to the supervisory board and may not propose any changes to the articles of association, IFM said earlier on Tuesday.
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It is thought the impact of recent increases in mortgage rates may now be being seen in the statistics.
Chancellor vows to stick with ‘tough decisions’
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Tim Martin criticises disparity in tax treatment of pubs and supermarkets.
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Mortgage lenders and property investors are backing a staycation boom this year as families favour UK holidays over expensive trips abroad.
British pubs group JD Wetherspoon said its like-for-like sales had slipped back below pre-pandemic levels in the last 12 weeks, although it remained "cautiously optimistic" on the year. The impact of rail strikes dented sales hopes for Britain's hospitality sector in its first Christmas season without COVID-19 restrictions in three years. "Strikes had a negative impact, although it is difficult to quantify," Weatherspoon Chairman Tim Martin told Reuters.
Innodata Inc. (NASDAQ:INOD), a leading data engineering company, announced today that it has signed a significant application re-engineering agreement to enable a customer to more fully leverage Innodata-built artificial intelligence / machine learning (AI/ML) models.
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Portugal has signed an agreement to swap Cape Verde's debt for investments in an environmental and climate fund that is being established by the archipelago nation off West Africa's coast, Portuguese Prime Minister Antonio Costa said on Monday. Such "debt-for-nature" swap deals are emerging in other countries and are part of attempts to resolve a dilemma faced by world leaders on how and who will foot the bill for actions taken to reduce the impact of climate change. The former Portuguese colony, which is already suffering from rising sea levels and significant biodiversity loss due to increasing ocean acidity, owes around 140 million euros ($152 million) to the Portuguese state and over 400 million to its banks and other entities.
LONDON (Reuters) -Barclays has appointed former Credit Suisse dealmaker Cathal Deasy as co-head of investment banking, the lender said on Tuesday, as Chief Executive C.S. Venkatakrishnan seeks to grow the business and plan for succession. Deasy will work alongside Taylor Wright, the co-head of global capital markets, the British bank said. The changes were part of the bank "fostering the next generation of leadership and thinking," Venkatakrishnan, known internally as Venkat, said in a memo about the moves that was seen by Reuters.
The latest PMI survey shows the UK private sector suffered its sharpest drop in two years in January.
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UK house prices for first-time buyers rose 13% last year, so where is the cheapest place to buy?