An intelligent cloud network is the bright and flexible solution May 30, 2012 DIRECTOR UK ENTERPRISE, CISCO Q Why is cloud becoming such a hot topic? A Most UK businesses are already using some sort of cloud service and are looking to provide more of their IT capability this way. Ahead of the obvious reasons like reducing costs and easier maintenance, today’s drivers are increasingly around performance, agility [...]
Legal considerations for off-site storage May 30, 2012 IN traditional outsourcing, when an activity is transferred by an outsourcer to a service provider, the outsourcer may retain regulatory compliance responsibility. Cloud computing is a new form of outsourcing and many traditional outsourcing concerns and issues apply equally. Compliance responsibility remains unaffected: you can outsource the fulfillment of the regulatory requirement, but you cannot [...]
FTSE up fourth day but rally may end soon May 29, 2012 BRITAIN’S main share index rose for the fourth consecutive day yesterday on hopes of new measures to tackle Europe’s economic crisis, although traders said the rally could be short-lived due to persistent fears over the region’s debt troubles. The benchmark FTSE 100 closed up 34.80 points, or 0.7 per cent, at 5,391.14 points – its [...]
Hopes of euro bailout lift stocks as Facebook dives May 29, 2012 US stocks rose yesterday as signs Greece would stay in the Eurozone were enough to spark buying in what has been a weak month for equities, while Facebook plumbed new lows on high volume. Wall Street has swung back and forth on shifting signals coming out of Europe. More than three issues rose for every [...]
Pound seeks shelter from troubles May 29, 2012 KATHLEEN BROOKS FOREX.COM Is sterling still the wallflower of FX? It certainly was for most of last year when it was essentially moving hand in hand with euro-dollar was doing. However, the Bank of England (BoE) has been much more important for sterling’s fortunes in recent weeks, and it was moves by the Bank that [...]
THE TIPSTER | Loonie flies on risk May 29, 2012 WIDESPREAD risk aversion during May meant that dollar-Canadian dollar surged higher, as traders bought the US dollar as a means of obtaining a degree of safety against the ructions in the Eurozone. Eurozone concerns had resulted in a wave of buying that lifted the US dollar, and saw the Canadian dollar slump in a similar [...]
Atkins showcases British design talent in support of London 2012 May 29, 2012 COUNTDOWN TO THE LONDON 2012 OLYMPIC GAMES 58 DAYS TO GO Atkins UK’s boss explains why it’s the Games’s engineering design consultant Q What was your brand’s primary reason for being involved with the Games? A It’s a superb platform for the company, our staff, our supply chain and the other companies and customers we [...]
Swiss National Bank fights the tide of safe haven inflows May 29, 2012 SINCE the Swiss National Bank (SNB) intervened in the euro-Swiss franc exchange rate in September last year, there have been few thrills to be had taking a position on the pair. But as the cracks in the Eurozone increase in size, the pressure on the pair has ramped up volatility and interest from traders. The [...]
FTSE rising but investors wary May 28, 2012 BRITAIN’S main equity index ended little changed after giving away most of its gains in late trade yesterday, in a sign investors lacked the confidence to sustain a recent rally in the absence of greater visibility on the Eurozone crisis. The FTSE 100 closed up 4.81 points, or 0.1 per cent, at 5,356.34 points, having [...]
Spanish woes weigh markets May 28, 2012 EUROPEAN shares ended in negative territory yesterday, reversing earlier gains in thin trade as concerns surrounding Spain’s banks returned to the forefront of investors’ minds. The FTSEurofirst 300 closed down 0.1 per cent at 984.01, having earlier reached a high of 993.21 – boosted by opinion polls suggesting Greece’s pro-bailout parties may be able to [...]