DUBAI / WAM Moro Hub (Data Hub Integrated Solutions) a wholly-owned subsidiary of Dubai Electricity and Water Authority (Dewa) has announced its collaboration with IBM to launch IBM Power Systems as a cloud service for the first time in Dubai. The new cloud service will enable organisations to benefit from improved performance and high data processing speeds, while reducing operating ...

Bloomberg The UK energy regulator is proposing an increase to its energy price cap to help utilities cope with additional costs from customer bad debts brought on by the pandemic. Workers have lost jobs, been furloughed, or are working from home, increasing domestic energy use and some customers are struggling to pay their bills, Ofgem said in a consultation document. ...

Is India opening the door for big businesses to take over its banking industry? A working group set up by the Reserve Bank (RBI), the regulator, has suggestions for what to do with ownership of private-sector banks. Large industrial houses may be permitted to own controlling stakes, it says, but only after strengthening regulation and supervision to deal with the ...