International Economic
Pentagon cancels $10bn cloud-computing deal with Microsoft, announces new contract
The US Defense Department canceled its $10bn JEDI cloud-computing project on Tuesday which was awarded by the Trump administration.
EU raises estimates for Eurozone growth with warning on inflation
The European Commission revised upwards on Wednesday its forecasts for Eurozone growth for 2021 and 2022 but added a warning of higher risk of inflation.
US job openings undershoot forecasts in May, JOLTS survey shows
Job openings grew more slowly than expected in May, alongside a large drop in so-called 'voluntary' separations or 'quits' which typically denote strength in the labour market.
Ethereum 'London' network update delayed to August
The long-awaited London hard fork of the Ethereum network, which includes five protocol improvement proposals, will likely launch on August 4 between 3:00 p. m. and 7:00 p. m. (local time), with the block 12,965 . 000. Many Ethereum enthusiasts welcome the launch delay, while some view it with "cautious optimism. ".
Market expects 'boredom' in bitcoin after small reaction to China's latest snub
Bitcoin holds the rate this Wednesday, after China's latest regulatory bid against ‘crypto’ companies, and maintains the consolidation mode that it does not seem to want to abandon since the beginning of July. The announcement of the closure of a software company in Beijing for covertly engaging in cryptocurrency trading caused mild swings on Tuesday in the price of the most traded of digital currencies, which were not enough to make it leave the range between 33,000 and 36,000 dollars that he has been drawing in recent days.
Heathrow to provide fast-track lanes for fully inoculated arrivals
Heathrow announced on Wednesday that it will provide fast-track lanes for fully inoculated arrivals to the UK.
German industrial output unexpectedly drops in May
German industrial output unexpectedly fell in May amid a slump in the production of capital goods such as vehicles and machinery, according to figures released on Wednesday by Destatis.