November 17, 20240 Comments

Russia resells more gas in Europe after cutting off Austria, sources, data show By Reuters

By Jason Hovet, Thomas Escritt and Dmitry Zhdannikov BERLIN/PRAGUE/LONDON (Reuters) – Russian gas flows to Austria were suspended for a second day on Sunday because of a pricing dispute but other buyers in Europe stepped in to snap up unsold volumes, companies and sources said and data showed. Russia, which before the Ukraine war was the biggest single supplier of gas to Europe, has lost most of its buyers on

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November 16, 20240 Comments

Turkey fines Amazon’s Twitch 2 million lira for data breach By Reuters

(Reuters) – Turkey’s Personal Data Protection Board (KVKK) has fined Amazon.com (NASDAQ:)’s gaming platform Twitch 2 million lira ($58,000) over a data breach, the official Anadolu Agency reported on Saturday. KVKK launched an investigation after a 125 GB data leak. It found that Twitch had failed to take adequate security measures beforehand, addressing the issue only afterward. It also said risk and threat assessments had been insufficient. The breach affected

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November 13, 20240 Comments

Wall St edges higher after inflation data keeps Fed rate-cut hopes intact By Reuters

By Purvi Agarwal and Lisa Pauline Mattackal (Reuters) – Wall Street’s main indexes inched higher on Wednesday after in-line consumer price inflation data kept the U.S. Federal Reserve on track to deliver another interest rate cut in December. The consumer price index rose 0.2% in October for the fourth straight month, the Labor Department’s Bureau of Labor Statistics said, and advanced 2.6% on an annual basis. Excluding the volatile food

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November 13, 20240 Comments

Amgen stock falls on weight loss drug’s bone density loss data

Shares of Amgen fell more than 7% Tuesday as analysts chewed over bone density loss data from an early-stage trial on its experimental weight loss injection, MariTide. One analyst said the additional data suggests a new potential safety risk tied to the drug. But others said the share move was an overreaction, and that more data on a larger group of patients is needed. Amgen did not immediately respond to

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November 13, 20240 Comments

‘Adults buying kids toys to escape global turmoil’, sales data suggests

BBC A Stitch puppet (left) with Richard North from Wow Stuff at the DreamToys event Toy sales have fallen for a third year in a row as family budgets are squeezed – but adults are buying childhood favourites to escape their troubles, research suggests. A falling birth rate, the cost of living and fewer big hit film franchises have combined to push the value of sales down 3% on the

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November 11, 20240 Comments

The environmental campaigners fighting against data centres

Julie Bolthouse Julie Bolthouse is opposing new data centre planning applications in Northern Virginia Environmental campaigner Julie Bolthouse points out that Northern Virginia has the world’s largest concentration of data centres. This is not something she is thrilled about. “We’re the Wall Street of the data centre industry,” says Ms Bolthouse, who is a director of local Virginian charity and campaign group Piedmont Environmental Council. Data centres are vast warehouses

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November 11, 20240 Comments

Australia’s HMC Capital to list data centre trust worth $A4 billion By Reuters

By Scott Murdoch SYDNEY (Reuters) – Australia’s HMC Capital will press ahead with the initial public offering of its data centres business that would be worth $A4 billion, according to its regulatory filings on Monday (NASDAQ:). A deal of that size would be the largest IPO in Australia this year. HMC Capital said the Digico Investment Trust (REIT) would have 13 data centres in its portfolio and 586 customers. Its

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