The Federal Reserve's preferred inflation gauge would have to hit a high of 2.8% to discomfort U.S. policymakers, according to a Reuters poll which also suggested the central bank would…
Category: Business
Amazon seeks renewable power for Japan data centres
Amazon.com Inc is in talks with Japanese power utilities and trading houses to build a renewable power plant in Japan to procure clean energy for its local data centres, the…
Toshiba expects 63% annual profit rise amid calls for strategic review
Japan's Toshiba Corp forecast on Friday a hefty 63% rise in annual operating profit after pandemic-induced pain in the last year and as restructuring measures bear fruit. The conglomerate, under…
Millions of cybersecurity pros. Rate: Whatever you want
A series of major digital security breaches over the past year are serving as a wake-up call to Corporate America about the need to invest in cybersecurity. Friday brought yet…
U.S. investors looking for protection as inflation pressures bubble, stocks volatile
U.S. investors grappling with the latest stock volatility and evidence of inflation say they have been positioning themselves for more unexpected kinks in the road to recovery. The moves to…
Gas faces existential crisis in climate wary Europe
Europe faces the prospect of higher electricity bills and a supply crunch, as utilities struggle to finance new gas-fired power plants unless they meet tougher emissions criteria imposed by banks…
Toshiba unit confirms hacked in May; blames DarkSide
Toshiba Tec France Imaging System said on Friday that DarkSide, the hacking group blamed for crippling a major U.S. pipeline company, had targeted it in a ransomware attack during the…