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China’s share of bitcoin mining slumped even before Beijing crackdown, research shows
By Tom Wilson LONDON (Reuters) - China's share of global bitcoin production power fell sharply even before a recent crackdown by its authorities on cryptocurrency mining, research by the University of...
Syndicated Content Jul 15, 2021
Marketmind: “A ways off” and that’s good
A look at the day ahead from Sujata Rao. We know now the Fed is still "a ways off" tightening monetary policy. Data showing China's economy grew 7.9% in the second quarter -- less than half the Q1 pac...
Syndicated Content Jul 15, 2021
Google expands India cloud services with new infrastructure push
By Sankalp Phartiyal NEW DELHI (Reuters) - Alphabet Inc's Google is ramping up cloud infrastructure in India with a second cluster of data centres in and around capital New Delhi to meet increasing cu...
Syndicated Content Jul 15, 2021
Finnair cuts quarterly loss as pandemic restrictions ease
HELSINKI (Reuters) - Finnair on Thursday posted a sixth consecutive quarterly loss, with the COVID-19 pandemic still keeping most of its planes grounded, and raised its annual cost savings target to 2...
Syndicated Content Jul 15, 2021
Britain fines drugmakers $360 million for overcharging NHS
(Reuters) - Britain's competition regulator said on Thursday it has fined several drugmakers a total of more than 260 million pounds ($360 million) for overcharging the state-backed NHS healthcare net...
Syndicated Content Jul 15, 2021
UK financial watchdog bolsters data spend in bid to stop scams
LONDON (Reuters) - The Financial Conduct Authority said on Thursday it will spend 120 million pounds ($166 million) over three years to improve its data strategy and spread more staff across Britain t...
Syndicated Content Jul 15, 2021
Darktrace sees 2021 revenue growth of at least 40%, upgrades 2022 guidance
LONDON (Reuters) -Darktrace, the British cybersecurity firm that listed in April, upgraded its guidance for 2022 on Thursday as it said revenue for the financial year just ended would grow by at least...
Syndicated Content Jul 15, 2021
Credit data firm Experian raises annual outlook after strong quarter
(Reuters) -Experian raised its annual outlook on Thursday after the world's largest credit data company posted a 31% jump in its first-quarter revenue, driven by a faster-than-expected recovery as eco...
Syndicated Content Jul 15, 2021
UK hiring surged in June as economy bounces back – ONS
By William Schomberg and David Milliken LONDON (Reuters) - The number of employees on British company payrolls surged by the most since the start of the coronavirus pandemic, according to data which p...
Syndicated Content Jul 15, 2021
Uniqlo owner trims full-year profit forecast on COVID-19 impact
TOKYO (Reuters) -Japan's Fast Retailing, the owner of clothing brand Uniqlo, trimmed its profit outlook for the year on Thursday, reflecting the lingering impact of the COVID-19 pandemic on sales. The...
Syndicated Content Jul 15, 2021
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