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Science Group forecasts 30% profit rise; decides to keep Frontier business | 19 May 2021 - Vimarsana News

Science Group forecasts 30% profit rise; decides to keep Frontier business | 19 May 2021

19 May 2021 | 07:38am StockMarketWire.com - Consultancy company Science Group said it expected to report an around 30% rise in first-half operating profit following a good start to 2021 at all three of its divisions. The company also said it had decided to retain its recently acquired Frontier radio business and terminate related sale talks. Science Group added that it was closely monitoring the impact of a strengthening pound on its results. 'This excellent start to 2021 provides a platform for the year as a whole and empowers the group management teams to continue to invest in future growth...

AGL makes short work of machine learning at scale - Vimarsana News

AGL makes short work of machine learning at scale

By Ry Crozier on May 13, 2021 12:29PM AGL's 'barn raising' principles illustrated. As 'ML at Scale' program hits its stride. AGL is honing the machinery and processes it set up last year to smooth the path for machine learning models from proof-of-concept to production, with the process cut from 200 hours down to 20 hours. Head of advanced analytics Sarah Dods told IQPC’s Data Analytics online event series that the company used a ‘barn raising’ technique to stand up all the pieces needed for a production-use machine ...

Risky business: 54% of Australian companies plan to slow 'green' initiatives due to COVID - Vimarsana News

Risky business: 54% of Australian companies plan to slow 'green' initiatives due to COVID

Businesses have long been a big part of the climate problem. They shouldn't scale back environmental initiatives when it all feels too hard.

AGL Withdraws Plan To Build Gas Terminal in Victoria - Vimarsana News

AGL Withdraws Plan To Build Gas Terminal in Victoria

AGL Withdraws Plan To Build Gas Terminal in Victoria Energy giant AGL has formally withdrawn its plan to build a liquefied natural gas (LNG) import terminal in Melbourne just weeks after the Victorian Labor government rejected the company’s proposal. “The Victorian Minister for Planning found AGL’s proposed project to have unacceptable environmental effects,” an AGL spokeswoman said in a statement. “As a result, AGL has taken the step of withdrawing the works approval application while it considers its options.” Notice of AGL’s withdrawal emerged on April 15 after the company n...

Tilt Renewables agrees to $2.1 billion takeover, shares hit record - Vimarsana News

Tilt Renewables agrees to $2.1 billion takeover, shares hit record

Message : Required fields (Reuters) - New Zealand's Tilt Renewables Ltd said on Monday it would be acquired by a consortium including its second-largest shareholder and Australia's AGL Energy Ltd for NZ$2.94 billion ($2.10 billion), sending its shares to an all-time high. The deal was the first major piece of M&A activity in New Zealand this year, which comes amid a push from companies and investors for decarbonisation and a move towards clean, renewable energy. Powering Australian Renewables (PowAR), a partnership between AGL, investment manager QIC and Australia's sovereign wealth fund,...