Wall Street will face one of its busiest weeks of the year in the coming week, with earnings from Big Tech leaders, the Federal Reserve's first meeting and rate decision of 2023, and the monthly jobs report for January all set for release.The S&P 500's most heavily-weighted components — Alphabet (GOOGL), Apple (AAPL), and Amazon … Read more
We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later.1 of 4And that’s a wrap for today. I hope you’ve enjoyed our coverage. For those just catching up, the main headlines are:The local share market has closed modestly lower ahead of a busy week of central bank meetings.The benchmark … Read more
Credit: ShutterstockIn its latest Risk Barometer, Allianz reports that cyber risks, such as IT outages, ransomware attacks or data breaches, rank as the most important risk globally (34% of responses).Given cyber crime incidents are now estimated to cost the world economy in excess of $1trn a year1 – around 1% of global GDP – it … Read more
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LONDON, Oct 20 (Reuters) – Britain's biggest domestic bank Lloyds (LLOY.L) said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lenders to push back on funding expansion of the industry.Lloyds updated its climate policy to make the change, which bars project financing or … Read more
Defensive Driving: The Need for EV Cybersecurity RoadmapsAs the U.S. looks to bolster electric vehicle (EV) adoption, a new challenge is on the horizon: cybersecurity.Given the interconnected nature of these vehicles and their reliance on local power grids, they’re not just an alternative option for getting from Point A to Point B. They also offer … Read more
When the economy turns, VCs have to make a big distinction between what is merely useful, and what is indispensable. Cybersecurity, which encompasses the range of technologies and strategies to prevent data leaks and breaches, stands out as a sector that has seen demand boom for Fortune 500 companies. As Fortune previously reported, the global cybersecurity market … Read more
A market rally on Friday accentuated by rips higher in some battered and bruised technology stocks that faltered last year are making this year's price action look a lot like 2021's rally.Beaten-down names including Tesla (TSLA), Carvana (CVNA), and Coinbase (COIN) were each up more than 10% on Friday.Cathie Wood's ARK Innovation (ARKK) ETF, a … Read more
NEW DELHI (Reuters) – India's stand-in captain Hardik Pandya has criticized the pitches used for the first two T20 Internationals against New Zealand and hopes a better surface will be rolled out for Wednesday's decider in Ahmedabad.Pandya and New Zealand counterpart Mitchell Santner were surprised by the sharp turn throughout the series opener in Ranchi, … Read more