Russian giant Sberbank’s profit slashed in weak economy

UKRAINE-RUSSIA-POLITICS-CRISIS-DONETSKRussia's biggest lender Sberbank said Thursday that its first quarter net profit was slashed by more than half compared with a year earlier, as the country's economy slid into recession. The net profit of the Moscow-based bank, descendant of the savings societies from the tsarist era, fell by 58 percent to 30,6 billion rubles ($584 million, 533 million euros) compared with the same period in 2014. The Russian banking giant also passed on financial aid the authorities offered the banking sector, which has been hammered by the economic crisis caused by Western sanctions over the Ukraine conflict and plunging oil prices.

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Rafael Benitez Confirms Napoli Exit: Latest Details, Comments and Reaction

Spanish coach Rafael Benitez confirmed on Thursday he will leave Napoli, ending his two-year tenure in charge of the Serie A giants.

The manager leaves with the Partenopei fourth in Serie A ahead of the final game of the season, amid widespread rumours that he’ll take over the vacant managerial role at Real Madrid.

Napoli provided confirmation of Benitez’s departure, as translated by AS‘ Nicholas Rigg:

Spanish news outlet Sport reports Benitez will be officially named as Madrid’s new manager, following the axing of Carlo Ancelotti, next week.

Benitez had previously been linked with the job at Liverpool, as Brendan Rodgers’ future hangs in the balance.

Rumours that Benitez would rejoin the Anfield superclub date back to November when Jacob Steinberg of the Guardian speculated about the coach’s return to the north-west side, quoting that bookies had slashed his odds to 6-1 to make a dramatic return.

The 55-year-old is still considered a hero on Merseyside after claiming Liverpool’s fifth European Cup crown in 2004-05. The Reds famously came back from the jaws of defeat to beat AC Milan in a dramatic final, after being 3-0 down at half-time, securing Benitez’s legend at the club.

Benitez has had two high-profile appointments between his glory years with Liverpool and his failed exploits in Italy. 

The coach was appointed manager of Inter Milan after leaving the Reds—a team who were the reigning champions of Europe—but he lasted just six months after a string of disastrous performances saw his reputation in tatters at the San Siro.

In 2012, Benitez saw himself take over as boss of Chelsea who, like Inter, were the Champions League holders. His appointment was widely condemned by Blues fans in and around Stamford Bridge, and despite winning the Europa League, he was once again sacked at the end of the campaign.

One good trait Benitez brings with him to the anticipated Madrid role is a defensive know-how, but the primary negative is his teams do not play the most attractive blend of football. 

Nevertheless, Thursday’s confirmation of his departure from Napoli brings that dream move to the Bernabeu ever closer.

New York’s Future Skyline Shown in New Renderings

New York already has one of the more impressive skylines that you will ever see, but what can we expect it to transform into over the next several years? Creative agency Visualhouse recently engineered imagery of what NY’s cityscape is projected to look like by 2030, although many of the upcoming building projects should be completed before then.

The major eye-catching additions will be coming to Manhattan’s 57th Street, as it will soon be housing the tallest buildings in the western hemisphere. At least three of the forthcoming structures will stand taller than One World Trade Center. This collection of buildings on 57th will also be the largest in terms of bulk when looking at the New York skyline.

While numerous projects depicted in the photos above will be completed well before 2030, there are also some structures that have been omitted from the imagining.

The post New York’s Future Skyline Shown in New Renderings appeared first on Highsnobiety.

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Is Coffee the New “It” Skin Care Ingredient?

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It is according to Frank Body and their impressive 623,000+ Instagram followers. While coffee has long been used in skin care, particularly in eye creams…

Read the full post Is Coffee the New “It” Skin Care Ingredient? which appeared first on Snob Essentials.

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Aria Networks at TM Forum Live: maximising profitability via NFV orchestration

• Aria Networks participates in Tele Management (TM) Forum Catalyst to prove capability of SDN and NFV to deliver network orchestration against business objectives

• Other participants include Microsoft, JDSU, Ericsson

28 May 2015: Aria Networks is participating in a Catalyst at TM Forum Live to demonstrate the effectiveness of software defined networking (SDN) and network functions virtualisation (NFV) orchestration in delivering business objectives for service providers of complex networks.

In association with Microsoft, JDSU and Ericsson, Aria Networks will be demonstrating how complex business parameters including delivery of service level agreements, data centre power consumption and variations in the cost of different data routing can be achieved through software orchestration of a network in real time.

The Catalyst, sponsored by AT&T and NTT, will demonstrate how video streamed from four different Ericsson data centres to two points of presence, one in Europe and the other in the US, can be orchestrated against business parameters to deliver a reliable and profitable quality of service. Aria Networks’ Artificial Intelligence (AI) engine will manage the network optimisation and deliver the most efficient and cost effective data route for the video stream in real time.

Dr Jay Perrett, CTO of Aria Networks comments: “With the growth of over-the-top (OTT) video traffic across the internet, network operators are facing significant challenges to ensure that they deliver an efficient and effective service to users. This Catalyst demonstrates how Artificial Intelligence can be applied to the network to resolve not only technical issues such as the most efficient path across the network but also business challenges like reducing power consumption in data centres. This has immediate impact on the service provider’s profitability.”

Networks have to consider a large number of potentially conflicting parameters when orchestrating a network, from customer service levels to efficient use of network infrastructure. These also change over time as the network becomes more or less congested, or as more expensive or quicker data paths become available. Aria Networks’ AI engine considers these different parameters against the network’s capabilities and capacity, and calculates the optimal route for data, reconfiguring routers and providing instruction to data centres to orchestrate the whole network.

“With this Catalyst, we are demonstrating that it is possible to consider different objectives across a complex network,” continues Perrett. “The different permutations are almost infinite, making manual calculation impossible. Network operators need to look to software to profitably optimise and control the networks of the future against an incessant increase in demand for data.”

Dr Perrett will also be presenting at TM Forum Live on 3rd June with Satyajeet Ahuja from Facebook on ‘Solving “real world” problems using software defined business driven objectives’.

For further information please visit: http://www.aria-networks.com/.

Ends

About Aria Networks

Founded in 2005, Aria Networks is an independent and network agnostic software service provider for network operators, datacentres and high traffic internet services. Aria Networks facilitates the effective planning, creation and optimisation of networks and datacentres, enabling optimised use of resources, accurate planning for upgrades and real time analysis and resolution of hardware failures. Aria Networks’ customers include some of the largest global internet companies.

Media contacts:

Chris Bignell

XL Communications

Call: +44 (0)7834 020460
Email: chris@xl-comms.com

       

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