Tag Archives: Central

Google Cloud and the Central Dutch Government Sign Agreement for Workspace for the Public Sector

Google Cloud and the Central Dutch Government Sign Agreement for Workspace for the Public Sector

Google Workspace will give Central Dutch Government more flexibility and choice for collaboration and productivity, supporting new hybrid-working environments AMSTERDAM, May 30, 2022 /PRNewswire/ — Google Cloud today announced that it has signed a new agreement with the Central Dutch Government that will enable the Dutch public sector to take advantage of Google Workspace’s suite of tools and offerings. This new agreement, which follows the Google Workspace for Education agreement signed… Source link

Read More »

Betastore gets $2.5M to solve stock-outs, financing challenges for informal retailers in West and Central Africa

Betastore gets $2.5M to solve stock-outs, financing challenges for informal retailers in West and Central Africa

About 80% of household retail in sub-Saharan Africa is delivered through informal channels, which perennially face several challenges like stockouts, leading to an instability in earnings, and a lack of attractiveness to financiers. These challenges befall millions of micro-retailers across the continent, and Betastore, a B2B retail marketplace for informal retailers, is working to resolve in Nigeria, Ivory Coast and Senegal. The Betastore marketplace enables informal traders to source fast… Source link

Read More »

Russia’s debt default will be one of the hardest in history to resolve and could see the US seize the central bank’s assets, economist says

Russia’s debt default will be one of the hardest in history to resolve and could see the US seize the central bank’s assets, economist says

Russian President Vladimir Putin speaks with Finance Minister Anton Siluanov.RIA Novosti/Reuters The impending Russian debt default is likely to be one of the most difficult in history to resolve, Oxford Economics has said. It could even result in the US seizing the Russian central bank’s frozen assets, the consultancy’s Tatiana Orlova said. Russia still has a grace period in which to make dollar payments on its foreign bonds, but analysts say a default is likely. The impending Russian debt… Source link

Read More »

Google to join Ford at Michigan Central Station

Alex McLenon With another partner onboard at Michigan Central, a team of Detroit city officials has been set up to help companies seeking approval for mobility testing. Google says it will join Ford as a tenant at Michigan Central Station in Corktown when restoration of Detroit’s largest monument to blight is complete. Ford Motor Company officials say that work could be finished by early 2023. The announcement comes as City of Detroit and Michigan… Source link

Read More »

Google in $1bn deal to buy Central Saint Giles offices in London | Google

Google has announced a $1bn (£871m) deal to buy the London development Central Saint Giles, calling the move a show of confidence in the return to more office working. The US tech firm currently rents space in the brightly coloured development designed by the architect Renzo Piano, which is located in the centre of the capital, near Oxford Street. The building – with its distinctive red, green, orange and yellow facade – includes 408,000 sq ft (38,000 sq metres) of office space, as well… Source link

Read More »

Sun Bowl back on with Central Michigan joining Washington State

The Sun Bowl is back on. After its originally scheduled opponent Miami dropped out because of a reported COVID-19 outbreak on the team, Washington State will now face Central Michigan in the Dec. 31 bowl. A day after Miami canceled, CMU lost its bowl opponent on Monday when Boise State had to withdraw from the Arizona Bowl because of its own COVID-19 outbreak. With two teams in need of a bowl partner, it didn’t take long for the natural conclusion to play out. The Arizona Bowl, with a… Source link

Read More »

China’s crypto ban puts spotlight on central banks putting their own spin on digital coins

Earlier this month, Benoit Coeure, a well-known central bank policymaker, sounded an alarm for central banks to act now on minting their own central bank digital currencies (CBDCs).  In a speech, the former European Central Bank economist who leads innovation at the Bank of International Settlements (BIS) warned that rapidly mushrooming cryptocurrencies will challenge the business models of international banking — if monetary authorities don’t quickly act. As China moved on Friday to… Source link

Read More »

Taper talk looms as central bankers convene in Jackson Hole

Some of the world’s most powerful central bankers will convene virtually this week, with the focus on any commentary suggesting a pullback in pandemic-era easy money policies from the Federal Reserve.  One challenge: the timeline for slowing the central bank’s $120-billion-a-month pace of asset purchases will be different depending on which Federal Open Market Committee member you ask. The divergence on the FOMC will draw attention to the Fed’s Jackson Hole meeting (which was again moved… Source link

Read More »

Google investing additional $1 billion in central Ohio to expand data centers

NEW ALBANY, Ohio (WCMH) — Search engine giant Google is planning to invest an additional $1 billion to expand its data center in New Albany. The company made the announcement in a press release Thursday. Amazon looking to Ohio as a site for retail department stores, WSJ reports In addition, the company says it has acquired 618 more acres of land in Columbus and Lancaster for potential future data center locations. Google broke ground on the New Albany site at the… Source link

Read More »

China Central Bank Cracking Down on Cryptocurrency Trading

Chinese government officials are announcing plans to continue a crackdown on cryptocurrency trading and speculation. What happened: In a statement released on Saturday, the People’s Bank of China says it will “maintain high pressure on virtual currency trading hype.” Noting that the central bank has been “severely cracking down on illegal activities of virtual currency” this year and will continue supervising financial platforms operating in the country. Decrypt reports that the… Source link

Read More »