Wednesday, April 17, 2019

Banks' fee income faces threat from aggregators

Modern banking relies on fee income from sale of products such as insurance and mutual funds to boost profitability. With the likes of Ola and Swiggy entering the space, it won't be business as usual for banks http://bit.ly/2ZhmosA https://ift.tt/eA8V8J

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Power prices surge in Virginia, home to the world's largest data center hub; record demand is expected during the winter storm, partly due to data center needs (Tim McLaughlin/Reuters)

Tim McLaughlin / Reuters : Power prices surge in Virginia, home to the world's largest data center hub; record demand is expected dur...