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Global IT spending to fall 1.3% this year - Gartner
2015-04-09 14:00:00| Telecompaper Headlines
(Telecompaper) Worldwide IT spending is set to decline by 1.3 percent to USD 3.66 trillion this year, according to the latest forecast from Gartner. The analyst has had to substantially revise its January estimate of a 2.4 percent growth due above all to the US dollar's rise against most global currencies. "The recent rapid rise in the value of the US dollar against most currencies has put a currency shock into the global IT market," said Gartner. Stripping out the impact of exchange rate movements, the corresponding IT spending growth at constant-currency rates would be 3.1 percent, the report said. The sharpest fall in spending will be seen in telecom services, which is projected to shrink by 2.6 percent to USD 1.57 trillion in 2015 due to reductions in total connections for developed markets because growth in data-only connected devices and multi-SIM connections were not as high as previously expected.
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Rayotek Scientific Inc. 10,000 Year Clock Subcontractor
2015-04-09 12:31:14| Industrial Newsroom - All News for Today
SAN DIEGO, CA With a reputation for engineering and manufacturing of high optics, Rayotek Scientific, Inc. has been selected to provide the fused quartz lens and prisms of the 10,000 year clock. A clock is currently being built that will keep ticking off time for 10,000 years. 10,000 years ago humans transitioned...
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scientific
clock
subcontractor
India expects normal monsoon rains this year
2015-04-09 08:27:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: India's summer monsoon rains are expected to be normal this year, the chief economic adviser at the finance ministry said on Thursday. Monsoon rains are vital for India's farm sector, which accounts for 14 percent of the $2 trillion economy, as half of the country's farmland lacks irrigation. Weak monsoon rains have cut farm output in the past, stoking inflation. Arvind Subramanian also said inflation is not expected to run up in the medium term due to the recent unseasonal rains, which have damaged...
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india
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Cargill quarter earnings up 33% over year ago
2015-04-09 06:00:00| National Hog Farmer
The animal protein sector helped Cargill achieve net earnings of $425 million in the quarter that ended Feb. 28, a 33% increase from $319 million for the same period one year ago. Through nine months, the company earned $1.63 billion, up 13 percent from last year. Revenues in the third quarter decreased 11 percent to $28.4 billion; nine-month revenues totaled $91.97 billion. read more
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ago
quarter
earnings
Search Begins for America's Pig Farmer of the Year
2015-04-09 02:00:00| ThePigSite - Industry News
US - America's Pig Farmer of the Year award program, announced by the National Pork Board in early March, is accepting applications from now until May 17 at americaspigfarmer.com.
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