BSI

Nowcasting consumer price inflation using high-frequency scanner data: evidence from Germany

Retrieved on: 
Tuesday, April 23, 2024
Consensus, Online, Cream, Honey, Tax, Glass, MAPI, Consensus Economics, Journal of Economic Perspectives, Milk, Shower, Low-alcohol beer, Autoregressive–moving-average model, Infant, C3, Islam, Wine, Core inflation, Research Papers in Economics, National accounts, Kálmán, Barcode, Journal of International Economics, Communication, Royal Statistical Society, COVID19, Kohl (cosmetics), Natural disaster, Business, Observation, Paper, VAT, European Economic Review, Diebold Nixdorf, Blancmange, Calendar, Sunflower oil, Annual Review of Economics, Hand, C4, DESTATIS, NBER, Tinning, Razor, Forecasting, Gasoline, Coffee, European Economic Association, Cat, Journal of Monetary Economics, Journal of Applied Econometrics, Medeiros, Architecture, Oxford University Press, Producer, GfK, Quarterly Journal of Economics, Margarine, NCBS, Starch, Political economy, Consistency, COVID-19, Consensus decision-making, Website, MIDAS, Behavior, Deutsche Bundesbank, PPI, World Bank, Collection, Medical classification, Orange, Eurozone, Butter, FMCG, Noise, Travel, Clothing, History, Inflation, Liver, International economics, Journal of Political Economy, BSI, OLS, Statistics, Consumer, PDF, University of Chicago, Classification, ECB, Fats, Policy, Multi, WOB, Outline, C6, Mincing, Canadian International Council, Social science, Perfume, University of California, Berkeley, Journal of Forecasting, Federal Reserve Bank, JEL, L1, Journal, Research, Candle, Food, TPD, Credit, Spice, LPG, Janssen, Marmalade, Superior, Literature, Chocolate, Beef, Kiel University, European Central Bank, Natural gas, HICP, Monetary economics, Yogurt, Section 5, ILO, Bermingham, Price, GTIN, Cheese, Macroeconomics, Growth, Beck, XJ, Government, De Beer, Supermarket, Ice cream, Naturally, C53, Corn flakes, BIS, Biscuit, LASSO, Petroleum, A.2, Poultry, Accuracy and precision, Application, White, Lettuce, Risk, ESCB, University of Siegen, OECD, Chapter One, Lipstick, Sack, XT, BIC, Garlic, Consumption, Sokol, Meat, VAR, Database, Section 3, Rusk, American Economic Journal, Royal, Curd, Overalls, Lamb, Great Lockdown, Fruit, Economy, COICOP, International Journal of Forecasting, Aftershave, Section 2, Nonparametric statistics, Attention, Conference, CPI, Heat, Public economics, Common sunflower, Nowcasting, American Economic Review, Computational Statistics (journal), GFK, COVID-19 pandemic, Exercise, Shock, Running, UNECE, Edible, Gambling, Banco, Rigid transformation, European Commission, Frozen, C.2, PRISMA, Official statistics, Concept, Drink, Transaction data, Somatosensory system, Punctuality, Altbier, Food prices, Response, GDP, Index, E31, Cabinet of Germany, Holiday, Machine learning, Series, Green, Whisky, Vegetable, Cola, Journal of Econometrics, Sadik Harchaoui, University, Aggregate, World Bank Group, B.1, Use, Book, Economic statistics, Civil service commission, 1L, Apple, Bread, Filter, Central bank, Brandeis University, Economic Modelling, Bank, Barkan, Roulade, Dairy product, Neural network, Reproduction, IMF, Section, ID, Data, D4L, Cryptocurrency
Key Points: 

    Xlife Sciences AG Announces Collaboration Agreement Between its Portfolio Company FUSE-AI GmbH and T-Systems Switzerland

    Retrieved on: 
    Wednesday, April 10, 2024
    Cloud, European Economic Area, MRI, CE, Partnership, Research, Science, Radiology, AI, Software, T-Systems, EEA, MDR, PACS, BSI Group, Health, BSI, Medical device

    Xlife Sciences is pleased to announce a collaboration between its portfolio company, FUSE-AI, and T-Systems Switzerland.

    Key Points: 
    • Xlife Sciences is pleased to announce a collaboration between its portfolio company, FUSE-AI, and T-Systems Switzerland.
    • T-Systems Switzerland, as a subsidiary of T-Systems International GmbH, is considered a system-relevant IT and digitalization partner in the healthcare sector in Switzerland.
    • Through this cooperation, T-Systems Switzerland distributes the AI-based solution for prostate analysis from FUSE-AI centrally in Switzerland, thereby enabling the commercialization of «Prostate.Carcinoma.ai» for radiological clinics and practices.
    • Xlife Sciences sees this partnership as a significant contribution to continuing its mission to bridge the gap between innovations and the needs of the healthcare market.

    KORU Medical Systems, Inc. Announces 2023 Fourth Quarter, Full Year Financial Results, and 2024 Guidance

    Retrieved on: 
    Wednesday, March 13, 2024
    Medical Devices, Health, Pharmaceutical, Health Technology, Medical Supplies, Research, Certification, NRE, Growth, EPS, HSBC Bank USA, Calendar, GAAP, HSBC Bank, ID, Information management, BSI, Bank

    Gross profit increased $1.3 million or 8.7% for the year ended December 31, 2023, compared to the same period in 2022.

    Key Points: 
    • Gross profit increased $1.3 million or 8.7% for the year ended December 31, 2023, compared to the same period in 2022.
    • Allowing for a one-time inventory adjustment for a product discontinuation, adjusted gross margin for the year ended 2023 was 59.6%.
    • This new debt facility provides KORU Medical with additional capital flexibility to support a reserve for growth and strategic opportunities.
    • Non-GAAP financial measures are meant to supplement, and to be viewed in conjunction with, GAAP financial results.

    Hikvision launches the next-generation Turbo HD 8.0, opening a new chapter in audio-visual fusion

    Retrieved on: 
    Tuesday, April 2, 2024
    Noise, Night vision, DVR, BSI, HD, Hikvision, Facial recognition, Mobile phone

    HANGZHOU, China, April 2, 2024 /PRNewswire/ -- Hikvision has announced the latest generation of its Turbo HD range of analog security products.

    Key Points: 
    • HANGZHOU, China, April 2, 2024 /PRNewswire/ -- Hikvision has announced the latest generation of its Turbo HD range of analog security products.
    • Turbo HD 8.0 delivers a more comprehensive and interactive security experience for users, enabling them to augment their visual security environment.
    • The revolutionary Turbo HD 8.0 includes four major innovations that bring users real-time communication, 180-degree video protection, and raise night vision to new heights.
    • The enhancements extend the range of Turbo HD products with two-way audio capabilities, compact dual-lens cameras with stitching technology, and Smart Hybrid Light capability across the entire range of Turbo HD cameras.

    Hikvision launches the next-generation Turbo HD 8.0, opening a new chapter in audio-visual fusion

    Retrieved on: 
    Tuesday, April 2, 2024
    Facial recognition, Noise, Night vision, DVR, Multimedia, HD, Hikvision, BSI, Mobile phone

    HANGZHOU, China, April 2, 2024 /PRNewswire/ -- Hikvision has announced the latest generation of its Turbo HD range of analog security products.

    Key Points: 
    • HANGZHOU, China, April 2, 2024 /PRNewswire/ -- Hikvision has announced the latest generation of its Turbo HD range of analog security products.
    • Turbo HD 8.0 delivers a more comprehensive and interactive security experience for users, enabling them to augment their visual security environment.
    • The revolutionary Turbo HD 8.0 includes four major innovations that bring users real-time communication, 180-degree video protection, and raise night vision to new heights.
    • The enhancements extend the range of Turbo HD products with two-way audio capabilities, compact dual-lens cameras with stitching technology, and Smart Hybrid Light capability across the entire range of Turbo HD cameras.

    Standardization of global water stewardship landscape a critical step to a water secure future, finds BSI-commissioned research

    Retrieved on: 
    Wednesday, March 27, 2024
    Research, Climate change, Organization, Partnership, Social Research (journal), Water quality, Water, Language, Multimedia, BSI, Agriculture

    LONDON, March 27, 2024 /PRNewswire/ -- A globally-agreed approach to water stewardship could contribute significantly to improved water security, benefiting people and planet.

    Key Points: 
    • LONDON, March 27, 2024 /PRNewswire/ -- A globally-agreed approach to water stewardship could contribute significantly to improved water security, benefiting people and planet.
    • In particular, standardization could better drive corporate action on water stewardship at the enterprise level by providing a model of good practice to allow for a verified mechanism to make claims.
    • Globally-agreed guidelines could bring clarity and consensus and be a critical factor in enabling a water secure future."
    • Water Foundry is excited to collaborate on this important action to begin the process of defining a comprehensive international standard for water stewardship.

    Leopard Imaging Launches Nova Orin Development Kit to Bring Visual AI for Autonomous Mobile Robots

    Retrieved on: 
    Tuesday, March 19, 2024
    Nvidia Jetson, GTC, MP, Leopard, ISP, SVP, Perception, Aviation, AI, AMR, Marketing, Robotics, Process capability index, DMS, Heart, Safety, Collection, NVIDIA, BSI

    This new development kit is poised to be a game-changer in the realm of autonomous mobile robots (AMRs).

    Key Points: 
    • This new development kit is poised to be a game-changer in the realm of autonomous mobile robots (AMRs).
    • With the Nova Orin DevKit, customers building industrial solutions for warehouse applications and logistics can quickly evaluate and bring in visual AI capabilities to an existing forklift or any mobile robot.
    • The Nova Orin Development kit is designed for the ease of evaluation of the NVIDIA Isaac Perceptor.
    • "We're excited to work with global customers in robotics with the Nova Orin development kit, built in collaboration with NVIDIA," says Cliff Cheng, SVP of Marketing at Leopard Imaging.

    Pioneering industrial refrigeration engineer, Dr Forbes Pearson, dies at 92

    Retrieved on: 
    Monday, March 18, 2024
    Butter, Technical director, Learning, Pleurisy, Stroke, Kelvinside Academy, Child, Infant, Branch, Church, Carbon, Love, BSI, Research, Mechanical, Science, Montreal Protocol, Chlorofluorocarbon, Village hall, Nobel Prize, Computer, Rolls-Royce, Freezing, Language, Yacht, Precocious, Electricity, Christianity, Associate, Coffee, Commander, Knowledge, University, Crusader, Student, Family, Engineering, Temperature, Growth, CSSM, Wellington Church, Parish church, Doctor of Philosophy, R-12, Life, CFC, Organic, Central Science Laboratory, Multimedia, Royal college, Tecumseh Products, Tourism

    GLASGOW, Scotland, March 18, 2024 /PRNewswire-PRWeb/ -- Stephen Forbes Pearson was the first child of Stephen H Pearson, an engineer from Northumberland, and Gladys Stewart, from Glasgow. Forbes was born in Pollokshields, Glasgow, on 25 June 1931 and attended school at Paisley Grammar and then Kelvinside Academy. He was a precocious child who loved learning and absorbed facts easily, particularly about the natural sciences. In infant school, he was reprimanded for arguing with a teacher who had told the class that the earth was a sphere. "No, it's an oblate spheroid" he said. Despite a bout of pleurisy as a teenager that required a lengthy recuperation, he enjoyed playing rugby as a front row forward, where he reckoned his short legs and stocky body gave him a particular mechanical advantage.

    Key Points: 
    • Forbes was born in Pollokshields, Glasgow, on 25 June 1931 and attended school at Paisley Grammar and then Kelvinside Academy.
    • He spent undergraduate summer vacations working in the Rolls Royce factory at Hillington and the Tecumseh compressor factory in Michigan.
    • They also shared a love of language and a rather coarse sense of humour that sometimes took others by surprise.
    • As Chief Engineer for Sterne his work was divided between design of products, such as industrial compressors and heat exchangers, and design of industrial refrigeration systems.

    BSI urges industry to embrace the new era of digitization in the built environment

    Retrieved on: 
    Monday, March 11, 2024
    Information management, Speech, Certification, Built environment, Organization, Construction, Environment, Digital twin, Safety, BIM, ISO, Collection, BSI

    In the construction industry, Shah highlighted that BIM can have a positive impact on the environment as well as providing cost reductions and profit enhancements.

    Key Points: 
    • In the construction industry, Shah highlighted that BIM can have a positive impact on the environment as well as providing cost reductions and profit enhancements.
    • Rahul Shah, Global Built Environment Development Director at BSI said: "Congratulations to Dubai Municipality for successfully activating the BIM mandate from January 2024.
    • BSI is proud to be a trusted partner, with a suite of standards, certification and training to support industry in this new era.
    • We are here to assist the built environment sector to accelerate progress towards a fair society and a sustainable world."

    The Eurosystem Integrated Reporting Framework ‒ an overview

    Retrieved on: 
    Friday, April 5, 2024
    Reproduction, MIR, Finance, Regulation (European Union), Integration, SHS, Frankfurt, Single Resolution Board, OJ, BIS, Statistics, Council, EBF, Prudential, BSI, Section, SRB, Concert, ECB, ESCB, Committee, CRR, Policy, Background, Feasibility study, Dictionary, International Monetary Fund, Confidentiality, Language, Data management, EBA, Congressional pension, Credit, CBA, Metadata, European Central Bank, NCBS, European Banking Federation, Central bank, European Parliament, Bank, Section 1, IMF, Data collection, Analysis, Aggregation, Capital Requirements Regulation 2013, Growth, Data, Collection, AnaCredit, Cryptocurrency

    The Eurosystem Integrated

    Key Points: 
      • The Eurosystem Integrated
        Reporting Framework ? an overview
        1

        Background
        European Union (EU) banks face a whole range of data reporting obligations,
        including for statistical, resolution and prudential information.

      • Existing ECB statistical regulations specify the information that must be reported, but
        not how the actual reporting process is to be carried out.
      • The Eurosystem Integrated Reporting Framework ? an overview

        1

        submitted by reporting agents to NCBs.

      • This arrangement dates back to when the ECB was set up in 1998 and was justified
        at the time, as it meant that statistical reporting could be founded on well-established
        national reporting frameworks.
      • Figure 1
        Current Eurosystem approach to collecting statistical information from banks

        Banks

        NCBs

        ECB

        Transformations by banks

        Transformations by NCBs
        Country A

        BSI & MIR

        Integrated approach
        ?

        SHS

        Country B

        Operational
        systems

        Monetary data

        b.o.p., i.i.p &
        sector accounts

        Credit register
        Sector accounts

        AnaCredit
        b.o.p.

      • Under the new paradigm, cross-border banks could unify the
        technical specifications of their reporting for all their European entities.
      • 2

        The scope of the IReF
        The IReF seeks to integrate existing ESCB statistical data requirements for banks as
        far as possible into a single, standardised reporting framework applicable across the
        euro area.

      • The feasibility of aligning the IReF
        more closely with the Financial Reporting (FINREP) requirements applicable at solo
        level11 is also being assessed.
      • Some NCBs have
        developed an integrated reporting framework for investment funds (covering both
        MMFs and non-MMFs).
      • The Eurosystem reviewed the results of the CBA to identify optimal features for
        banks, the Eurosystem and its users.
      • This time frame will give reporting agents and the Eurosystem enough lead time to
        prepare the legal and technical framework without unduly delaying the expected
        reduction in the reporting burden.
      • 16

        See ?On a Feasibility Study of an Integrated Reporting System under Article 430c CRR?, EBA, 2021;
        and ?The EBA?s feasibility study on integrated reporting system provides a long-term vision for
        increasing efficiencies and reducing reporting costs?, EBA, December 2021.

      • The Eurosystem is already cooperating closely with the banking industry to optimise
        reporting and reduce the overall reporting burden via the Banks? Integrated Reporting
        Dictionary (BIRD).19 BIRD offers a redundancy-free source (i.e.
      • The IReF describes statistical requirements in a redundancy-free layer
        and will represent future statistical reporting obligations issued by the ECB and
        applicable to Eurosystem banks.
      • Data quality should increase and costs decrease, as the BIRD input layer would
        provide a comprehensive and flexible tool to support data reporting.