Sunday, October 10, 2021

New rules needed to cover risks from cloud computing, says Bank of England

New rules will be needed to deal with operational risks from banks relying on outsourced 'cloud' computing from Amazon, Google, Microsoft and others for providing services to customers, the Bank of England said on Friday.

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...