Sunday, February 21, 2021

China finalizes rules on banks' internet loan businesses, affecting Alibaba and others, setting new capital requirements, must be complied with by July 17, 2022 (Reuters)

Reuters:
China finalizes rules on banks' internet loan businesses, affecting Alibaba and others, setting new capital requirements, must be complied with by July 17, 2022  —  SHANGHAI (Reuters) - China's bank regulator on Saturday tightened requirements on the internet loan business of commercial banks …



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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...