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Tech Data Adds Symantec Security Solutions to its StreamOne Cloud Marketplace in the U.S.

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Tech Data Adds Symantec Security Solutions to its StreamOne Cloud Marketplace in the U.S.

Expands security portfolio to include leading enterprise and mobile security technologies

Tech Data (Nasdaq: TECD) today announced the addition of Symantec Cloud Workload Protection (CWP) and Symantec Endpoint Protection (SEP) Mobile to its StreamOne Cloud Marketplace, providing U.S. resellers with security solutions that are easier to manage and cross-sell, speeding time to revenue.

StreamOne is Tech Data’s unique provisioning, billing and end-user lifecycle management cloud platform for consumption- and subscription-based cloud services.

“We are excited to expand our Symantec portfolio with the addition of the leading-edge CWP and mobile protection products,” said Tracy Holtz, director, Security and Information Management, at Tech Data. “Our dedicated team of Symantec experts is available to provide demos, sales support and product assistance for our reseller customers. Additionally, to get resellers up and running quickly, we will be offering free 30-day trials of both products.”

Symantec CWP allows organizations to secure and monitor their critical workloads wherever they are—public clouds, private clouds, and physical, on-premises data centers—all from a single intuitive console. CWP automates workload security, providing discovery, visibility and protection against advanced threats. Tech Data will offer CWP with annual and pay-for-use pricing, enabling customers to secure workloads running on the following public cloud platforms: Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP).

SEP Mobile is a comprehensive mobile threat defense solution for both managed and unmanaged devices that helps to protect against cyber security threats targeted at iOS and Android devices. SEP Mobile’s advanced technology uses a layered approach that leverages extensive threat intelligence, in addition to device and server-based analysis, to proactively help protect enterprise mobile devices against malware, network threats and vulnerability exploits.

SEP Mobile has been recognized by industry analysts as a leader in the market for mobile threat management, providing end users with automated, enterprise-grade IT policy enforcement via integration with existing enterprise mobility management, mobile device management, email servers and VPN solutions.

“As organizations embrace cloud-based applications, they introduce new exposures to their IT environments,” said Torjus Gylstorff, vice president, Worldwide Partner Sales, Symantec. “By adding Cloud Workload Protection and SEP Mobile to Tech Data’s StreamOne Cloud Marketplace, organizations have more access to best-in-class technology combined with value-added services to get up and running quickly and take full advantage of the cloud generation.”

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Oil rises on positive forecasts, slow U.S. output restart

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Oil rises on positive forecasts, slow U.S. output restart 1

By Bozorgmehr Sharafedin

LONDON (Reuters) – Oil prices rose on Tuesday, underpinned by the likely easing of COVID-19 lockdowns around the world, positive economic forecasts and lower output as U.S. supplies were slow to return after a deep freeze in Texas shut down crude production.

Brent crude was up 36 cents, or 0.5%, at $65.60 a barrel by 1212 GMT, and U.S. crude rose 39 cents, or 0.6%, to $62.09 a barrel.

Both contracts rose more than $1 earlier in the session.

“Vaccine news is helping oil, as the likely removal of mobility restrictions over the coming months on the back of vaccine rollouts should further boost the oil demand and price recovery,” said UBS oil analyst Giovanni Staunovo.

Commerzbank analyst Eugen Weinberg said optimistic oil price forecasts issued by leading U.S. brokers had also contributed to the latest upswing in prices.

Goldman Sachs expects Brent prices to reach $70 per barrel in the second quarter from the $60 it predicted previously, and $75 in the third quarter from $65 forecast earlier.

Morgan Stanley expects Brent crude to climb to $70 in the third quarter.

“New COVID-19 cases are falling fast globally, mobility statistics are bottoming out and are starting to improve, and in non-OECD countries, refineries are already running as hard as before COVID-19,” Morgan Stanley said in a note.

Bank of America said Brent prices could temporarily spike to $70 per barrel in the second quarter.

Disruptions in Texas caused by last week’s winter storm also supported oil prices. Some U.S. shale producers forecast lower oil output in the first quarter.

Stockpiles of U.S. crude oil and refined products likely declined last week, a preliminary Reuters poll showed on Monday.

A weaker dollar also provided some support to oil as crude prices tend to move inversely to the U.S. currency.

(Reporting by Bozorgmehr Sharafedin in London, additional reporting by Jessica Jaganathan in Singapore; editing by David Evans and John Stonestreet)

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UK-Japan trade deal settled nerves for Japanese firms, Honda executive says

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UK-Japan trade deal settled nerves for Japanese firms, Honda executive says 2

LONDON (Reuters) – Britain’s trade deal with Japan settled the nerves of a lot of Japanese businesses in the United Kingdom and gives them confidence about their future prospects there, a senior Honda executive said on Tuesday.

Japan, the world’s third-largest economy, has since the 1980s made the United Kingdom its favoured European destination for investment, with the likes of Nissan, Toyota and Honda using the country as a launchpad into Europe.

But Britain’s shock 2016 decision to leave the European Union had prompted Japan to express unusually strong public concerns. Their companies and investors warned that a disorderly exit from the EU would force them to rethink their four-decade bet on Britain.

“We welcome very much the Japanese trade agreement which as a Japanese businesses was very welcomed,” Ian Howells, senior vice president at Honda Motor Europe, told a parliamentary committee.

“On the point around confidence, that certainly amongst my peers in Japanese companies was very much welcomed, and probably settled a lot of nerves in terms of their trading prospects in the UK going forward.”

Britain and Japan formally signed a trade agreement in October, marking Britain’s first big post-Brexit deal on trade. It has also made a formal request to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), of which Japan is also a member.

(Reporting by Kate Holton)

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UK retailers see sharp fall in sales and mounting job losses, CBI says

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UK retailers see sharp fall in sales and mounting job losses, CBI says 3

LONDON (Reuters) – British retail sales fell in the year to February as stores cut jobs at a rapid rate, with only supermarkets reporting any growth during the latest COVID-19 lockdown, a survey showed on Thursday.

The Confederation of British Industry’s gauge of retail sales stood at -45, up only slightly from January’s eight-month low of -50. The measure points to falling sales and is below the consensus forecast of -38 in a Reuters poll of economists.

Retailers’ expectations for March – when non-essential shops will remain closed to the public as part of lockdown measures – fell to -62, the lowest since the series began in 1983.

In another sign of a changing consumer habits during lockdown, the survey’s gauge of internet retail sales hit a new record high.

“With lockdown measures still in place, trading conditions remain extremely difficult for retailers,” said Ben Jones, principal economist at the CBI.

“Record growth in internet shopping suggests that retailers’ investments in on-line platforms and click-and-collect services may be paying off, but the re-opening of the sector can’t come soon enough to protect jobs and breathe life back into the sector.”

Job losses among retailers accelerated according to a quarterly question in the survey. For the distribution sector as a whole, which includes wholesalers and car dealers, employment fell at a record rate, the CBI survey showed.

(Reporting by Andy Bruce, editing by David Milliken)

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