Amazon, Google, Microsoft And Oracle Received A Cloud Deal From The Pentagon
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Using the cloud is better when there are multiple providers of remotely hosted infrastructure technology, as opposed to relying on one company according to the U.S. Defense Department. What's more, there is a lot of information about the Chinese economy, as well as about QFII.
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In this article:
- Money Talks podcast
- Qualified Foreign Institutional Investor
- One of the greatest transformations in retail
- A cloud deal
The potential impact of China’s reopening
China is once again struggling with the problem of growing infections. To this end, they have closed their economy under the zero-covid policy. As the second largest economy in the world, it has a significant impact on smaller economies and markets. Recently, there has been information about the easing of restrictions, and thus the financial markets, especially those in Asia, have experienced a revival. In a podcast hosted by APAC Chief Economist Andrew Tilton, you can learn about other impacts of reopening the Chinese economy.
Listen to our Chief APAC Economist Andrew Tilton discuss the potential impact of China’s reopening on this week’s Money Talks podcast from The Economist: https://t.co/2wW6YFLDhr https://t.co/p4BTFHkuAv
— Goldman Sachs (@GoldmanSachs) December 8, 2022
Opening-up of China's qualified foreign institutional investor program
Foreign financial institutions expect further reform and opening-up of China's qualified foreign institutional investor program. Qualified Foreign Institutional Investor (QFII) is a term used to describe a program launched by the Chinese government in 2002 that enables foreign institutional investors to gain direct access to trade “A-shares” of Chinese stocks, denominated in China's renminbi/yuan (RMB), on Chinese stock exchanges. Over the past 20 years, the number of participants in the program has expanded. Currently, the types of investments that can be traded under the QFII system include listed equities, government bonds, corporate bonds, convertible bonds, commodity futures and other financial instruments. With the development and changes in the markets, it is required to introduce references also in QFII.
Deutsche Bank’s Li Zhan says that as China opens up its #QFII programme even more, it will help enrich the structure of China’s capital market. Read more: https://t.co/U0gn0oedN0 #SecuritiesServices @DBCorporateBank pic.twitter.com/jEVJ9ETuHD
— Deutsche Bank (@DeutscheBank) December 8, 2022
One of the greatest transformations in retail
Today, shoppers have much more choice in what they buy, how they buy and where. It still matters to belong to a given brand. Companies have to compete much more to get a customer. Walmart is now the world's largest retailer - with more than 10,000 stores in 24 countries - but its growth story continues. You can learn about the vision and goals of CEO Of Walmart from the conversation about which the author of the tweet writes.
Walmart pulled off one of the greatest transformations in retail. Morgan Stanley speaks with CEO, Doug McMillon, about his vision for future growth. Watch the full episode at https://t.co/F4puMPZFw8. pic.twitter.com/jE4GUm80ae
— Morgan Stanley (@MorganStanley) December 7, 2022
Amazon, Google, Microsoft and Oracle received a cloud-computing contract
Of the four companies receiving cloud-computing contracts from the Pentagon. Last year, the Pentagon changed its approach, asking for bids from Amazon, Google, Microsoft and Oracle to meet its cloud needs. The purpose of this agreement is to provide the Department of Defense with globally available enterprise-wide cloud services across all security domains and classification levels. Having more than one cloud can make organizations more confident that they can withstand service disruptions caused by downtime.
Correction: Google, Oracle, Amazon and Microsoft awarded Pentagon cloud deal of up to $9 billion combinedhttps://t.co/LhIaVvb2yc
— CNBC Now (@CNBCnow) December 8, 2022
