Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

BUSINESS NEWS

Google Fitbit Partners with Peloton to Offer Premium Fitness Content to Users

Starting in early September, Fitbits premium customers in the US, UK, Canada, and Australia will have access to Pelotons fitness programming, which in

Starting in early September, Fitbits premium customers in the US, UK, Canada, and Australia will have access to Pelotons fitness programming, which includes running, boxing, pilates, and cycling courses, thanks to a partnership between Fitbit and Peloton. Peloton members will be rewarded with Fitbit Charge 6 and Google Pixel watch deals. While Peloton faces issues due to decreased sales and the need for debt refinancing, this arrangement intends to increase engagement for both firms. After the news, shares of Peloton increased by almost 3%. The partnerships financial details were kept a secret. Read More..

B2B Tech News | 27 days ago        

Porsche SE’s Finance Chief Announces Readiness for New Investments Amid Market Opportunities

The holding company is in a solid financial position to consider making more investments, according to Porsche SEs chief financial officer, Johannes L

The holding company is in a solid financial position to consider making more investments, according to Porsche SEs chief financial officer, Johannes Lattwein. Lattwein emphasised that the organisation is flexible enough to pursue core and portfolio investments in the current stock market climate, which has resulted in lower business values and provides excellent prospects. Recent membership in an investment group allowed Porsche SE. This company owns Volkswagen to purchase a 35% share in Flix SE, which runs Greyhound in North America and FlixBus in Europe. Read More..

B2B Tech News | 1 months ago        

Bharti Enterprises to Acquire 24.5% Stake in BT for £3.2 Billion

To buy out key investor Patrick Drahi of Altice Group, which is lowering its debt load, Indias Bharti Enterprises is scheduled to pay £3.2 billion $4

To buy out key investor Patrick Drahi of Altice Group, which is lowering its debt load, Indias Bharti Enterprises is scheduled to pay £3.2 billion $4 billion for a 24.5% share in BT. Under the leadership of billionaire Sunil Bharti Mittal, Bharti will grow into a significant strategic investor in BT, assisting with its transformation initiatives and fibre network growth. A test of the incoming Labour governments position on foreign ownership in strategic industries, this investment has increased BTs shares by 6%. Before finalising the acquisition, Bharti—formerly owned a 9.99% stake—will need national security clearance. Instead of focusing on immediate profits, Bhartis purchase represents its longterm investment plan. Read More..

B2B Tech News | 1 months ago        

New Zealand Faces Record Emigration with 131,200 Departures in 2024

New Zealand is seeing unprecedented levels of emigration in the year ending in June 2024, 131,200 individuals left the country, the most significant y

New Zealand is seeing unprecedented levels of emigration in the year ending in June 2024, 131,200 individuals left the country, the most significant yearly number ever. Due to severe unemployment, high interest rates, and slow economic development in New Zealand, a sizable percentage of these exits are made for Australia. Eightyseven thousand New Zealanders were leaving, almost twice as many as before the outbreak. The nations economy needs help due to its 0.2% annual growth rate, growing 4.7% unemployment rate, and ongoing 3.3% inflation. Due to talent shortages, Australia is becoming a popular destination for New Zealanders looking to relocate due to its generous relocation packages and high cost of living. Read More..

B2B Tech News | 1 months ago        

Garuda Aerospace Targets Sri Lankan Market with $10 Million Investment

With a focus on improving farming techniques in the agricultural sector and investigating prospects in homeland security and industrial applications,

With a focus on improving farming techniques in the agricultural sector and investigating prospects in homeland security and industrial applications, Garuda Aerospace, supported by cricketer M.S. Dhoni, announced its debut in the Sri Lankan market on Monday. With a $10 million investment from its FY24 revenue, Garudas worldwide growth strategy—which seeks to have a presence in 50 countries—aligns with the companys development into Sri Lanka. The corporation considers Sri Lankas advantageous location and dronefriendly laws major selling points. Agnishwar Jayaprakash, the founder and CEO, highlighted the potential of drone technology to affect several industries, emphasising recent collaborations with Spirit Aeronautical Systems and Thales to propel innovation in the drone space. Read More..

B2B Tech News | 1 months ago        

India Approves 20% Premium on New Gas Projects to Boost Domestic Production

On gas from new wells or well interventions in fields specified by Oil India Ltd. and ONGC, the Ministry of Petroleum and Natural Gas has granted a 20

On gas from new wells or well interventions in fields specified by Oil India Ltd. and ONGC, the Ministry of Petroleum and Natural Gas has granted a 20% premium. Situated at 12% of the Indian crude basket price, this premium is intended to increase local output and make new gas development projects more viable. The ONGCs new projects, projected to expand output dramatically, include the Rs 7,800 crore Daman Upside Development and a Rs 6,000 crore initiative under DSFII. In line with initiatives to increase exploration and production in Indias sedimentary basins, this strategy backs the governments objective of increasing the proportion of natural gas in the energy mix from 6% to 15% by 2030. Read More..

B2B Tech News | 1 months ago        

South Sudan Oil Pipeline Rupture Deepens Economic Crisis and Unpaid Salaries

South Sudans economic problems worsened when a vital oil pipeline burst, leaving security personnel and government employees underpaid for nine months

South Sudans economic problems worsened when a vital oil pipeline burst, leaving security personnel and government employees underpaid for nine months. The protracted violence caused damage to the pipeline, which is crucial for oil shipments via Sudan and, worsened income deficits and exposed government inefficiency. Due to pay delays, there have been protests in Juba, and many people have taken up side employment. The local currency has crumbled, and inflation has skyrocketed to 35 per cent. President Salva Kiir has called for reforms and attacked how corruption and nonoil earnings are handled. Despite limited foreign assistance, the nation has extreme poverty and dislocation, notably a $46.2 million agricultural support agreement. Public dissatisfaction is rising as a result of poor administration and delayed elections. Read More..

B2B Tech News | 1 months ago        

Shell and PetroChina Announce Major Expansion of Surat Coal Seam Gas Project in Queensland

Australias Surat coal seam gas project is set to expand, according to a joint announcement by Shell and PetroChina. With a second phase of development

Australias Surat coal seam gas project is set to expand, according to a joint announcement by Shell and PetroChina. With a second phase of development planned to provide approximately 130 terajoules of petrol per day to the market, this decision was taken amid mounting requests for additional local energy investment. Approximately 22,400 barrels of oil equivalent per day are anticipated to be produced at peak production levels from the development by 2026. As more significant investments are called for to address supply constraints and excessive prices, Australias energy market operator and competition watchdog have made this step. With the second phase aimed at improving gas supply for families, companies and industries, the SGP has been running since 2020 and is run by Arrow Energy, a joint venture between Shell and PetroChina. Read More..

B2B Tech News | 1 months ago        



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   2372   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   2281   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   2623   

4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
   2796   

5.  Approximately 8 billion gadgets connect on the internet every day.
   3797   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.