Header-template

 Global News

Subscribe our Newsletter

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

BUSINESS NEWS

HSBC Makes BillionDollar Move into Chinas Wealth Market

With the planned acquisition of Citigroups China consumer wealth management business, which currently oversees over $3 billion in assets, HSBC also p

With the planned acquisition of Citigroups China consumer wealth management business, which currently oversees over $3 billion in assets, HSBC also plans to hire "a few hundred" of Citi employees already based in China. Even though the financial information is still secret, the deal might be revealed next month. This action fits with HSBCs plan to grow in China while emphasising Asia as a significant source of income. The chairman of HSBC voiced hope despite difficulties in conducting business in China and emphasised historical links. By utilising its network of insurance brokers and current wealth management services, HSBC seeks to join Chinas fund sector. Read More..

B2B Tech News | 2 years ago        

Argentinas Fiscal Targets at Risk Amid Election Promises

Following its victory in October, economists are concerned about the potential for hyperinflation in Argentina. The warning comes after populist candi

Following its victory in October, economists are concerned about the potential for hyperinflation in Argentina. The warning comes after populist candidate Javier Milei promised to dollarize the economy, and populist economy minister Sergio Massa went on a spending binge. Along with other initiatives to put money in voters pockets, Massa has suggested eliminating income tax for all but a small portion of registered workers. These actions, such as cash transfers and adjustments to the income tax threshold, might substantially impact the nation. They might be financed temporarily by printing money, resulting in higher inflation. The targets for reducing Argentinas fiscal deficit and money printing outlined in an IMF loan programme may be in jeopardy. Read More..

B2B Tech News | 2 years ago        

China Relaxes Import Barriers on Australian Hay, Boosting Trade Ties

Australian trade relations with China are improving due to Chinas government lowering import restrictions on Australian hay. Due to Australias request

Australian trade relations with China are improving due to Chinas government lowering import restrictions on Australian hay. Due to Australias request for a study into the causes of COVID19 in 2020, certain trade restrictions were put in place. Even though some restrictions have been removed, there are still barriers to Australian exports, including wine, lobsters, and particular types of meat from particular abattoirs. Don Farrell, the minister of trade for Australia, noted the progress while emphasising the need for more. Hay and chaff exports from Australia to China totalled A$78 million in 2021, a significant drop from A$160 million in 2020. This transformation occurs as one of the most significant dairy industries in the world, China, expands and needs highquality hay for its operations. Read More..

B2B Tech News | 2 years ago        

Amazon vs. FTC Legal Clash Over Monopoly Allegations

Amazon is being sued by US regulators, led by the Federal Trade Commission FTC because the tech giant is illegally maintaining a monopoly. The FTC cla

Amazon is being sued by US regulators, led by the Federal Trade Commission FTC because the tech giant is illegally maintaining a monopoly. The FTC claims that Amazon uses anticompetitive tactics to raise prices and stifle competitors. Amazon denies the allegations and plans to provide a robust defence in court. This lawsuit will be a crucial test of FTC Chair Lina Khans leadership because she has had Amazon on her radar for anticompetitive practices for a while. According to the lawsuit, Amazon hurt customers by reducing options and raising prices. It can be challenging to prove consumer injury under US anticompetition laws, especially for free digital services provided by large tech companies. Read More..

B2B Tech News | 2 years ago        

CES and Hithium Energizing the Future of American Renewable Energy

Stationary battery maker Hithium and renewable energy service provider Clean Energy Services CES have formalized an Aftersales Service Cooperation Aut

Stationary battery maker Hithium and renewable energy service provider Clean Energy Services CES have formalized an Aftersales Service Cooperation Authorization Agreement. This agreement enhances their existing collaboration, with a specific focus on servicing energy storage products in the U.S. This marks a significant milestone for Hithium as it enters the American energy storage market, bolstering its services for U.S. clientele. CES reaffirms its dedication to providing exceptional renewable energy servicing support through this partnership. Hithium, established in 2019, is a prominent producer of highquality stationary energy storage solutions for utility, commercial, and industrial applications. CES specializes in toptier operations and maintenance services for the renewable energy industry. Read More..

B2B Tech News | 2 years ago        

Nardello & Co. Bolsters EMEA Practice with New Leadership Appointments

Global investigations firm Nardello & Co. has announced new leadership appointments for its expanding EMEA practice. Chris Morgan Jones, an experience

Global investigations firm Nardello & Co. has announced new leadership appointments for its expanding EMEA practice. Chris Morgan Jones, an experienced corporate intelligence professional, has been named Regional Head for Europe, Middle East, and Africa, while Sara Shaltony has returned to the firm as Associate Managing Director, overseeing the Middle East and North Africa. Morgan Jones will be based in London, and Shaltony will operate from Dubai. These appointments reflect Nardello & Co.s continued growth, including the recent opening of its Singapore office and the addition of key personnel in the United States. The firm, approaching its 20th anniversary, has expanded by over 30% in the past three years, with women comprising 50% of senior leadership positions. Nardello & Co. is recognized by corporate leaders, financial institutions, and governments as a top advisor for security, business, and reputationrelated issues. Read More..

B2B Tech News | 2 years ago        

75,000 B2B orders and counting Uttar pradesh trade show triumphs

During the inaugural Uttar Pradesh International Trade Show 2023, held from September 21 to 25 at the India Expo Center and Mart in Greater Noida, exh

During the inaugural Uttar Pradesh International Trade Show 2023, held from September 21 to 25 at the India Expo Center and Mart in Greater Noida, exhibitors secured an impressive 75,000 businesstobusiness B2B orders. The event attracted over 300,000 visitors and featured over 200 stalls, highlighting the participation of more than 300 women entrepreneurs from the state, including those who established their businesses through the Uttar Pradesh Livelihood Mission. The trade show encompassed exhibitors from various sectors such as agriculture, defense, ecommerce, finance, education, infrastructure, engineering, and manufacturing, showcasing their products. It emphasized the importance of economic growth to improve citizens per capita income and combat migration. Read More..

B2B Tech News | 2 years ago        

Digital Dominance B2B Sellers See Bright Future in Ecommerce Sales

Setting aside the current economic climate, B2B companies engaged in digital selling are optimistic about increased ecommerce sales over the next year

Setting aside the current economic climate, B2B companies engaged in digital selling are optimistic about increased ecommerce sales over the next year. Approximately 20% of B2B sellers anticipate their businesses will achieve ecommerce sales growth of at least 25% in 2023. Meanwhile, 42% expect growth between 11% and 24%, according to a survey conducted by Digital Commerce 360 and sponsored by Tradecentric, involving over 100 B2B buyers. In contrast, only 10% of respondents foresee a decline or stagnation in their B2B ecommerce sales for 2023. This optimism stems from the perception that digital sales channels offer efficiency and ease for purchasing, with a variety of options such as B2B marketplaces, ecommerce sites, call centers, and sales representatives being utilized by digitalfirst buyers. Read More..

B2B Tech News | 2 years 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.
   13829   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   11230   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   11549   

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.
   11386   

5.  Approximately 8 billion gadgets connect on the internet every day.
   14436   



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.