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Ethiopian govt plans Addis Ababa data centre, bid document expected in September

2020-09-21 09:45:00| Telecompaper Headlines

(Telecompaper) The Ethiopian government has announced plans to build a national data centre to store information and statistics of all the federal institutions and citizens securely, Addis Fortune reported. The centre will be built by the Ministry of Innovation & Technology and will also offer cloud services, making it the first nationally hosted cloud facility. It will serve as the main data centre for the electronic government system where all the data processing and storage is done. 

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Next says sales 'more resilient than expected'

2020-09-17 08:44:15| BBC News | Business | UK Edition

The clothing retailer saw sales fall 34% as the coronavirus pandemic closed stores.

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VR headset market expected to grow despite short-term decline

2020-09-16 15:00:54| Digital TV News

As the world continues to deal with the pandemic, the market for virtual reality (VR) headsets is expected to decline 6.7% in 2020 before returning to double-digit growth of 46.2% in 2021, according to IDC.

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Coronavirus: Hit to global economy 'will be less than expected' in 2020

2020-09-16 14:38:47| BBC News | Business | UK Edition

The OECD now forecasts a decline of 4.5% in 2020, but says the damage will still be "unprecedented".

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H&M heads for Q3 profit on better than expected recovery

2020-09-15 12:35:00| Daily apparel & textile news and comment - from just-style.com

H&M Group expects to return to profit in the third quarter, with preliminary results showing the Swedish fashion giant's recovery from Covid-related store closures is better than anticipated thanks to more full-price sales and strong cost control.

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