Connect with us

Business

Mobile Google CEO Promises 11 Daydream-compatible phones

Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius.

Published

on

Photo: Shutterstock

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.

Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur.

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga.

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur.

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet ut et voluptates repudiandae sint et molestiae non recusandae. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

“Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat”

Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt.

Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus.

Nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Azerbaijan

Oil prices jump 45 on US crude stocks draw

Published

on

Oil prices rose 4.5% a barrel on Wednesday to their highest level in more than a month after U.S. crude inventories shrank and as major producers cut nearly a third of offshore Gulf of Mexico production ahead of an expected storm, Trend reports citing Reuters.

Brent crude futures LCOc1 settled at $67.01 a barrel, up $2.85, or 4.44 percent. U.S. West Texas Intermediate (WTI) crude futures CLc1 settled at $60.43 a barrel, climbing $2.60, or 4.50 percent.

Both benchmarks hit their highest prices since late-May.

U.S. crude stocks fell 9.5 million barrels in the week to July 5, shrinking more than triple the 3.1 million-barrel draw analysts had expected as refineries ramped up output, the Energy Information Administration (EIA) said.

News.Az

Continue Reading

Azerbaijan

Viewpoint: Hiring Is Challenging in Azerbaijan

Published

on

By Laura Hamidova, SHRM-CPJuly 8, 2019, read original article here

Talent shortage, demanding employers, picky applicants and difficulty recruiting outside Baku, Azerbaijan’s capital and largest city, are among the hurdles recruiters face in this country just south of Russia and north of Iran.

Azerbaijan is a developing country that is learning how to make the best use of its local talent. The country’s academic institutions don’t offer a major in HR, though there are testing centers for SHRM-CP and SHRM-SCP certification. Universities such as Azerbaijan State Economic University, Khazar University and ADA University offer only one class in HR under the business administration faculty, which certainly can’t cover all the knowledge needed to run an effective HR function.

Talent Shortage

When Azerbaijan entered the global market and began following international standards after the collapse of the Soviet Union at the end of 1991, employers in the country immediately faced a shortage of professionals who were competent in business processes. Azerbaijani businesses hired expatriate experts, whose two main functions were to perform the job and to develop local employees.

After more than 25 years of development, dedication and integrated work between expatriate experts and local professionals, the country has achieved noticeable results in hiring Azerbaijani nationals. For example, at the end of 2018, British Petroleum’s workforce operating in Azerbaijan was 96 percent Azerbaijani.

But there is still a shortage of local professionals in the oil and gas sector and other industries. The shortage of IT professionals is particularly severe. The situation today can be characterized in two words: “brain drain.” Those developers who have experience in programs such as Java, C# and SQL, or who have good language skills, have been constantly headhunted within the Commonwealth of Independent States and Eastern Europe countries. They are leaving Azerbaijan for higher pay and better working conditions.

During the last 10 years, Azerbaijan has been able to develop good IT professionals but unable to adequately retain them. The attrition rate of IT professionals at one bank during the last three years reached 34 percent. This is a huge number. There is an especially big demand for developers in the banking sector due to the development of Internet banking and online transactions.

Demanding Employers, Discerning Applicants

The talent shortage is not the only challenge. It is also becoming more and more difficult to match candidates with positions. On the one hand, employers are demanding that candidates have relevant experience and soft skills, as well as mastery of at least two foreign languages, but are unwilling to pay a salary that is commensurate with these qualifications.

On the other hand, candidates are picky, as well. Last January, recruiters at my company, FireWorks Human Resources Management (HRM), worked with three candidates who were offered the position of training manager at one of the local employers in the consulting sector. They all rejected the offers.

[SHRM members-only toolkit: Introduction to the Global Human Resources Discipline]

Difficulty Recruiting Outside of Baku

Most of the businesses in Azerbaijan are located in Baku. All big local and foreign companies open their head offices in Baku, and most of them don’t have branches in other regions of Azerbaijan. But for those that do, finding suitable candidates for their positions can be difficult. Most workers are in Baku or live outside Azerbaijan.

Kapital Bank—the third biggest bank in Azerbaijan—has 110 branches across the country. Only 24 of these branches are in Baku. Due to business growth, the organization hires between 500 and 600 employees every year, and many openings are outside Baku.

Farqana Mammadova, head of HR at Kapital Bank, said it is especially difficult to find young professionals in the cities that don’t have universities and colleges.

Kapital Bank has been meeting with graduates at universities in Baku who are originally from outlying areas and offering them internships at the branches in regions around Azerbaijan. This approach has helped close workforce gaps.

Laura Hamidova, SHRM-CP, is director of FireWorks HRM in Baku, Azerbaijan.

Continue Reading

Azerbaijan

SOFAZ sells office center in Milan

Published

on

The State Oil Fund of Azerbaijan (SOFAZ) is close to completing the deal on the sale of the Palazzo Turati business center in Milan to the Invesco company, Bloomberg reports.

According to the publication, SOFAZ plans to sell its property in the financial center of Italy for nearly 112 million euros.

The State Oil Fund plans to play on the latest trends in the real estate market in Milan, where rental prices in office buildings have increased significantly due to a decrease in real estate development in recent years. This makes them attractive for real estate investors.

The Foundation acquired the Palazzo Turati office building in Milan for 97 million euros in January 2016. The building is located at Via Meragvili 7, some 500 meters from the Duomo di Milano cathedral church.

News.Az

Continue Reading
Advertisement
Azerbaijan4 hours ago

26 years pass since occupation of Azerbaijans Aghdam District

Azerbaijan5 hours ago

India launches second Moon mission

Azerbaijan7 hours ago

Fires become frequent in Armenia

Azerbaijan7 hours ago

Azerbaijani FM and Lithuanian Ambassador to Azerbaijan exchange views on issues of mutual interest

Azerbaijan7 hours ago

Turkey starts production of freight carriages for Azerbaijan

Azerbaijan7 hours ago

Azerbaijani FM receives Jordan ambassador to Azerbaijan

Azerbaijan8 hours ago

Azerbaijani President extends Revolution Day greetings to Egyptian counterpart

Azerbaijan9 hours ago

Russian expert talks Armenias hopeless future

Azerbaijan11 hours ago

Azercell supports young IT specialists

Azerbaijan12 hours ago

Paris braces for record heat as Europe scorched again

Azerbaijan12 hours ago

Azerbaijan Ukraine sign cooperation program on physical education and sport

Azerbaijan13 hours ago

Deputy PM No obstacles for free press activity in Azerbaijan

Azerbaijan13 hours ago

EYOF Baku 2019 Volleyball competition gets underway

Azerbaijan14 hours ago

President Ilham Aliyev receives delegation of Communist Party of China Central Committee

Azerbaijan14 hours ago

Death toll from India Nepal Bangladesh floods jumps to over 300

Azerbaijan14 hours ago

French Minerve submarine found after disappearing in 1968

Azerbaijan14 hours ago

Baku hosting 15th European Olympic Festival for young athletes

Azerbaijan15 hours ago

UK to send 250 troops to Mali for peacekeeping operations

Azerbaijan15 hours ago

India sends unmanned mission to probe moons far side

Azerbaijan16 hours ago

Azerbaijan lead medal table on day one of EYOF Baku 2019

Azerbaijan16 hours ago

Ukrainian presidents party set to triumph in parliament election

Azerbaijan17 hours ago

Baku to host 2nd Azerbaijan International Advertising and Printing Exhibition

Azerbaijan17 hours ago

UN nuclear watchdog chief Amano dies aged 72

Azerbaijan17 hours ago

New Zealand tighens gun laws again after mosque attack

Azerbaijan18 hours ago

Azerbaijani wrestler claims first gold of EYOF

Azerbaijan3 weeks ago

Who was the Mysterious Azeri Man Lost $1.3 Million Watch in Ibiza?

Tech2 weeks ago

This is how iPhone 11 will look like

Azerbaijan3 weeks ago

Azerbaijani gas to make it to Europe by 2020 – pipeline completed

Armenia3 weeks ago

A letter surfaces alleging Armenian PM’s readiness to surrender Karabakh

Azerbaijan3 weeks ago

SOCAR resumes oil export via Baku-Novorossiysk pipeline

Azerbaijan2 weeks ago

Azeri Oil Chief’s son comes up with a New Story About his Stolen Luxury Watch

Azerbaijan2 weeks ago

2 Police officers fired after video shows them taking bribe

Azerbaijan2 weeks ago

SOFAZ sells office center in Milan

Sports2 weeks ago

Brazil defeat Peru to win first Copa América in 12 years

Sports2 weeks ago

USA beat Netherlands to win Womens World Cup

Azerbaijan2 weeks ago

Viewpoint: Hiring Is Challenging in Azerbaijan

Azerbaijan3 weeks ago

Central Bank comments on selection of KPMG Audit Azerbaijan as auditor

Azerbaijan2 weeks ago

Oil prices jump 45 on US crude stocks draw

Azerbaijan3 weeks ago

Ministry: Pension of 94 thousand people in Azerbaijan to increase by more than 30%

Azerbaijan3 weeks ago

Heydar Aliyev International Airport – the first airport in the world completely switching to cloud technologies

Azerbaijan3 weeks ago

Perspective areas for cooperation between Azerbaijan and Iran announced

Azerbaijan3 weeks ago

Funds transferred to Armed Forces Relief Fund by MPs unveiled

Azerbaijan2 weeks ago

ARMENIAN-AZERBAIJAN CONFLICT: ISRAELI JOURNALISTS VISIT THE FRONTLINES

Azerbaijan2 weeks ago

Ministry of Internal Affairs, SSS and Religious Committee conduct joint raid

Armenia2 weeks ago

Algae bloom threatens to turn Armenia’s Lake Sevan into a swamp

Azerbaijan2 weeks ago

Niyazi Safarov: Chinese investors invested more than $800 million in Azerbaijan’s economy

Azerbaijan2 weeks ago

Weather forecast for those traveling on weekend announced

Azerbaijan5 days ago

Azerbaijani border guard wounded as Armenian military violates ceasefire

Azerbaijan2 weeks ago

Russian Deputy FM discusses NagornoKarabakh conflict with Personal Representative of OSCE ChairpersoninOffice

Azerbaijan2 weeks ago

Negotiations on new EU-Azerbaijan agreement nearing completion: Tusk

Trending