Microsoft’s anti-competitive behavior in cloud business alleged by three European companies

French cloud service company OVH Cloud announced on the 17th that it has filed a complaint with the European Union (EU) European Commission that Microsoft is doing anti-competitive acts in…

China raises fuel prices Gasoline is at its highest level since 2006

Retail prices of gasoline in China have been raised to at least the levels since 2006. Diesel fuel has been raised to the level for the first time in 10 years. It…

Biden will sign executive order to let the government assess the pros and cons of digital currencies and the risks of cryptocurrencies

President Joe Biden will sign an executive order on Wednesday asking the government to assess the pros and cons of creating a central bank digital dollar, among other cryptocurrency issues,…

Fed is likely to raise rates by 50 basis points at a meeting in 2022

Economists polled by Reuters said the chances of the U.S. Federal Reserve raising interest rates by half a percentage point at some point this year are high. They also raised their…