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TSMC in talks with suppliers regarding first European factory

Taiwan Semiconductor Manufacturing Company Ltd TSMC2330.TW is in advanced talks with major suppliers about establishing its first prospective European

Taiwan Semiconductor Manufacturing Company Ltd TSMC2330.TW is in advanced talks with major suppliers about establishing its first prospective European plant in Dresden, Germany, according to the Financial Times on Friday. According to the article, which cites people familiar with the situation, TSMC is sending a team of top executives to Germany early next year to discuss the extent of government backing for the planned plant as well as the capacity of the local supply chain to satisfy its needs. While Taiwan and the European Union held highlevel trade talks in June, TSMC stated less than a week later that it has no specific intentions for manufacturing in Europe. TSMC is also constructing a facility in Japan. Read More..

B2B Tech News | 9 months ago        

Business traveler to the USA Awards 2022 SIXT named best car rental company in North America

At the annual Business Traveler U.S. Awards, SIXT was awarded the best vehicle rental company in North America 2022. Key factors such as competitive w

At the annual Business Traveler U.S. Awards, SIXT was awarded the best vehicle rental company in North America 2022. Key factors such as competitive weekly prices and access to 24/7 customer service and roadside assistance in North America attracted the premium mobility provider. SIXT also stood out among competitors for its firstrate service, extensive luxury vehicle inventory, and quick, userfriendly rental processes. SIXT was one of five automobile rental companies nominated for North Americas Best Car Rental Company. Read More..

B2B Tech News | 9 months ago        

New GFI report finds private investment funds vulnerable to money laundering in Latin America

Due to a number of structural risk factors that aid in masking illegal activity, private investment funds are susceptible to money laundering. Due to

Due to a number of structural risk factors that aid in masking illegal activity, private investment funds are susceptible to money laundering. Due to the proximity of the region to the US, the regional economies have always been disproportionately impacted by US policy. Family offices are a particularly effective way to conceal the proceeds of corruption or money laundering because of how unregulated they are. A customer base that is frequently made up of wealthy people and a close working relationship between fund managers and their clients are risk factors. To address potential threats in the future, the Brazilian government need to be the first to enact AML legislation. Read More..

B2B Tech News | 9 months ago        

Investments in digital transformation in the Middle East, Turkey and Africa are expected to exceed $74 billion by 2026

Spending on digital efforts is predicted to increase at a compound annual rate of around 16% over the next five years, through 2026. According to the

Spending on digital efforts is predicted to increase at a compound annual rate of around 16% over the next five years, through 2026. According to the IDC analysis, digital transformation investments by organisations would expand eight times faster than the total economy by 2023. According to him, automation will be at the forefront of the process, helping to lower the cost of IT operations, handle labour concerns, and stimulate creativity. Read More..

B2B Tech News | 9 months ago        

QBE renames P&I business in Asia to British Marine

QBE Asia has stated that its P&I activities in Singapore would be known as British Marine as of January 1. The move restores the British Marine brand

QBE Asia has stated that its P&I activities in Singapore would be known as British Marine as of January 1. The move restores the British Marine brand in Singapore after QBE purchased it in 2005. British Marine, which was founded in 1876, is one of the leading fixed P&I insurance carriers, specialising in marine insurance for owners of small, mediumsized, and specialty vessels. QBE Asias P&I office in Singapore was formed in 2013 to provide coverage similar to that provided by British Marine. Read More..

B2B Tech News | 9 months ago        

GM is recalling 140,000 Chevrolet Bolt electric vehicles due to fire risks in North America

The carpet in 140,000 Chevrolet Bolt EVs in North America may catch fire after a collision in which the front seat belt pretensioner engages, accordin

The carpet in 140,000 Chevrolet Bolt EVs in North America may catch fire after a collision in which the front seat belt pretensioner engages, according to a statement released by General Motors Co. on Tuesday. According to Reuters, the US automaker said the recall affects a variety of Chevrolet Bolt EV vehicles from the 2017 through 2023 model years due to the possibility of fires starting in the unlikely event that front seatbelt pretensioner exhaust gases come into contact with floor carpet fibres after a crash. The business discovered three complaints of fires that may have been brought on by the issue. The recall affects about 120,000 US automobiles and 20,000 Canadian vehicles. Dealers will put metal foil along the carpet close to the pretensioner exhaust, according to AP. Read More..

B2B Tech News | 9 months ago        

Scala Data Centers issues R$2 billion green bonds

The issuance of green debentures of R$ 2 billion with a fiveyear maturity has been announced by Scala Data Centers. The deal is the biggest ever made

The issuance of green debentures of R$ 2 billion with a fiveyear maturity has been announced by Scala Data Centers. The deal is the biggest ever made in Brazil and the original of its type in the data centre industry. The offerings proceeds will be used to fund Scalas expansion strategy, which is already under way and entirely driven by environmentally friendly measures. Instead of sustainability linked bonds, Scala, a Brazilian cloud computing business, raised more than R$ 4.5 billion through green debentures SLBs. The business already offsets its carbon footprints and runs on 100% certified renewable energy. A leader in unbiased ESG and corporate governance research, Sustainalytics, provided Scala with a SecondParty Opinion SPO study. Read More..

B2B Tech News | 9 months ago        

Amazon makes major business changes to EU processing

Amazon will alter its business procedures to put a stop to European competition investigations. Customers will have additional product alternatives, a

Amazon will alter its business procedures to put a stop to European competition investigations. Customers will have additional product alternatives, and Prime members will have more delivery options. Amazon accepted legallybinding pledges to end two antitrust investigations by the EUs executive Commission. The sevenyear agreement is only applicable to Amazons business practises in Europe. The action might set a precedent for American antitrust regulators. Additionally, Amazon is making it easier for couriers and retailers to use its Prime membership service. It will stop excluding Prime sellers who dont use its own delivery and logistics services. Read More..

B2B Tech News | 9 months ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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