Business Brief: In a global tech outage, paper’s enduring role unfolds

No one is saying Friday’s global tech outage means office paper is about to disrupt screens, but the meltdown showed how the centuries-old technology still has an important place in the cloud-storing, AI-innovating, quantum-computing year of 2024. Today, ahead of a Bank of Canada rate announcement, a debate about artificial diamonds, and a surprise hero in a 2,000-year-old technology, we play rock, paper, scissors.

A second-consecutive cut could have more impact than the first, as analysts predict the move will give consumers more comfort borrowing to buy a house, opening their wallets ahead of upcoming mortgage renewals, and taking out loans to buy new cars.Major airlines, banks, broadcasters and all manner of industry were brought to their knees by an errant software update. Around the world, an unlikely plant-based hero emerged.

He noted there are populations around the world that continue to rely on paper. Not everyone has the access, experience or trust in a “completely digital experience,” he said. But perhaps a more obvious benefit to the industry from the world’s accelerating digital shift is sitting right now on millions of front porches. Brian McClay, a global pulp market analyst based in Quebec, said the rise of online retail has spurred an increased need for paper packaging that is poised to spike over the coming years.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Business Brief: What another rate cut would do to mortgagesAlso in today’s edition: An important story about climate change hitting corporate profits, but it’s mostly about mortgages
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Business Brief: A growing Trump wave reaches Canada’s shoresYes, there are still 112 days until the election. Also in today’s edition: Gold shines again
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Business Brief: Central bankers vs. the populistsAlso in today’s edition: Maple Leaf Food’s pork play and the Fed’s Powell speaks to power
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Business Brief: Of hard hats and hard truthsAlso in today’s edition: TD tune-up and party at the Fed
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Business Brief: Now is the summer of our (labour) discontentAlso in today’s edition: AI on whether there’s an AI bubble, and what’s a Toronto office tower worth, anyway
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Business Brief: Tourists go home, but leave your moneyAlso in today’s edition: Boeing’s guilty plea and watching for a U.S. recession
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »