Analysis: Creeping funding costs skew China Evergrande’s deleverage drive

China Evergrande Group 3333.HK has taken to seeking loans at above-average interest rates in the shadow banking market, where caution even there over its cash flow hints at an increasingly fraught effort to reduce the property sector’s biggest debt. The developer, which owed 835.5 billion yuan ($125 billion) at June-end, has been shopping around for […]

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How wearable sensor algorithms powered by machine learning could prevent injuries that sideline runners

A trans-institutional team of Vanderbilt engineering, data science and clinical researchers has developed a novel approach for monitoring bone stress in recreational and professional athletes, with the goal of anticipating and preventing injury. Using machine learning and biomechanical modeling techniques, the researchers built multisensory algorithms that combine data from lightweight, low-profile wearable sensors in shoes […]

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Activision raises sales forecast on lockdown demand, new COD release hopes

Activision Blizzard Inc ATVI.O raised its annual adjusted sales forecast on Thursday, betting on strong sales for its upcoming videogame in the blockbuster “Call of Duty” franchise as demand from stay-at-home gamers continues to rise. The company raised its full-year adjusted revenue forecast to $8.10 billion from $7.63 billion. Analysts had expected adjusted sales of […]

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