Day: June 3, 2022

SustainableIT.org Announces New Leadership Amid Official Launch

June 3, 2022

Global IT sustainability nonprofit to be led by former IDC VP, names new board members from multiple Fortune 500 companies SustainableIT.org Board Photo Nasdaq Times Square REDWOOD CITY, Calif., June 02, 2022 (GLOBE NEWSWIRE) — SustainableIT.org, the new nonprofit organization dedicated to advancing global sustainability through technology leadership, today announced its new executive director and […]

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EU’s retail trade down 1.3% month-on-month in April

June 3, 2022

The EU’s retail trade diminished 1.3% month-on-month in April, according to the bloc’s statistical office on Friday. “The volume of retail trade decreased by 2.3% for food, drinks and tobacco and by 0.9% for non-food products, while it increased by 1.4% for automotive fuels,” Eurostat said. The largest monthly decreases in the total retail trade […]

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New York lawmakers pass bill to ban crypto mining

June 3, 2022

Lawmakers in the US state of New York on Friday passed a bill banning certain cryptocurrency mining operations that run on carbon-based power sources. The Assembly Bill A7389C, which previously passed the State Assembly in April, was approved early in the morning in the State Senate by a 36-27 vote. The measure stems from concerns […]

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US stocks open lower despite job additions beating estimate

June 3, 2022

Major indices on the US stock market opened lower on Friday despite job additions in May coming above the market estimate. The Dow was down 266 points, or 0.8%, to 32,981 points at 9.31 a.m. EDT (1331GMT). The S&P 500 fell 49, or 1.2%, to 4,127. Despite a 2.7% gain in the previous session, the […]

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Inflation’s rate of increase slowing down: Turkish finance minister

June 3, 2022

Inflation’s rate of increase in Türkiye is slowing down, Treasury and Finance Minister Nureddin Nebati said Friday in a series of tweets. “Inflation figures announced today reveal that inflation’s rate of increase is slowing down,” he said. Nebati noted that the consumer price index (CPI) that increased 7.25% in April on a monthly basis, rose […]

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