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Qatar signs 27year deal with China as LNG competition intensifies

Qatar has signed a 27year agreement to supply liquefied natural gas to Chinas Sinopec. As volatile markets drive buyers to seek longterm deals, this i

Qatar has signed a 27year agreement to supply liquefied natural gas to Chinas Sinopec. As volatile markets drive buyers to seek longterm deals, this is the longest such LNG agreement to date. Europe requires massive amounts of LNG to help replace Russian pipeline gas, which used to account for nearly 40% of its imports. Read More..

B2B Tech News | 2 years ago        

Flipkart boss warns startups of turmoil and funding bottlenecks for another 1218 months

Flipkart CEO Kalyan Krishnamurthy believes startup owners should embrace a downturn and rebuild their businesses. He anticipates that a large number o

Flipkart CEO Kalyan Krishnamurthy believes startup owners should embrace a downturn and rebuild their businesses. He anticipates that a large number of startup entrepreneurs will enter the market between April and June of next year. Flipkart, which was last valued at $37.6 billion, ceased its purchase spree early this year. In contrast, when the market reserved its position earlier this year, funding fell below $3 billion in the September quarter. And it involves reflecting on what needs to be done to survive, he explained. Krishnamurthy, who previously worked at Tiger Global, famously assisted architect Flipkart in cutting its workforce by 30% five years ago in order to help the firm become more efficient. Read More..

B2B Tech News | 2 years ago        

Ariane boss insists new European rocket can rival Musks SpaceX

The longdelayed Ariane 6 system is expected to launch in the fourth quarter of 2023, and Roussel stated that while it will not feature costcutting tec

The longdelayed Ariane 6 system is expected to launch in the fourth quarter of 2023, and Roussel stated that while it will not feature costcutting technologies like SpaceX, it may eventually be possible to launch every two weeks, though only up to 12 times in a calendar year. Ariane 6 represents Europes assurance of independent access to space, Roussel told POLITICO, while confirming tentative plans to launch the nextgeneration rocket by the end of next year, though the first fullscale commercial launch will not take place until 2024. Read More..

B2B Tech News | 2 years ago        

StanChart sees Asia and the Middle East as bright spots in the weak global economy

StanChart is expanding its transaction banking and financial markets operations. The Londonbased lender has operations in 59 countries, with an emphas

StanChart is expanding its transaction banking and financial markets operations. The Londonbased lender has operations in 59 countries, with an emphasis on Asia, the Middle East, and Africa. Clients from Europe and the United States are shifting their business to lowcost Asia. Following Chinas COVID limits, StanCharts European and US clients are shifting more business to lowcost Asia, according to cochief executive Ian Cooper. StanChart increased its pretax profit by 40% in the third quarter as interest rates rose, boosting its staple revenue. Read More..

B2B Tech News | 2 years ago        

Fluid Truck was ranked the 9th fastest growing company in North America according to Deloitte

The Deloitte Technology Fast 500 recognises the most forwardthinking, rapidly expanding public and private businesses across North America. On Deloitt

The Deloitte Technology Fast 500 recognises the most forwardthinking, rapidly expanding public and private businesses across North America. On Deloittes list of the 500 largest companies in North America, Fluid Truck came in at number 9, with a startling growth rate of 9,899. Additionally, the business was recognised as Colorados top fastgrowing business. Additionally, Fluid Truck was ranked as Colorados topgrowing business. Being ranked as the 9th fastestgrowing company in North America is amazing. It demonstrates our objective at Fluid Truck, which is to push for an energyefficient future where commercial fleets are instantly accessible to assist businesses in moving more efficiently at the touch of a button Founder and CEO James Eberhard said. Read More..

B2B Tech News | 2 years ago        

Wabtec acquires Super Metal to expand its rail maintenance portfolio

Wabtec Corporation NYSE WAB, a global leader in freight and transit rail, announced today a definitive agreement to acquire Super Metal, a provider of

Wabtec Corporation NYSE WAB, a global leader in freight and transit rail, announced today a definitive agreement to acquire Super Metal, a provider of automated vehicles and equipment solutions for rail operations. Super Metal is a leading Brazilian company in the rail industrys maintenance of way segment. This acquisition complements our Nordco acquisition and accelerates our international market expansion strategy. The acquisitions financial terms were not disclosed. Super Metal has approximately 30 years of experience supplying a wide range of automated vehicles and maintenance equipment, including rail and tie maintenance trucks and railcar movers. Read More..

B2B Tech News | 2 years ago        

VGCCC slaps national gambling operator ALH on 62 charges

VGCCC Victorian Gambling and Casino Control Commission charged the business with 62 offences. ALH is accused of running 220 gaming machines for up to

VGCCC Victorian Gambling and Casino Control Commission charged the business with 62 offences. ALH is accused of running 220 gaming machines for up to 5 weeks without turning on YourPlay, a cardbased feature that lets users set limitations on the amount of money and time they spend playing games. Steve Donohue, CEO of Endeavour Group, acknowledged that the company examined the installation procedure for all 4,690 of its devices. The investigation came to the unfortunate but isolated conclusion that this was a case of procedure and communication failure. With the assistance of the Victorian Gambling Control Commission, Endeavor will keep working. Read More..

B2B Tech News | 2 years ago        

Wipro announces its Asia, Middle East and Africa APMEA headquarters in Dubai

In Dubai, Wipro establishes the strategic market unit headquarters for the Asia Pacific, Middle East, and Africa region. Wipros APMEA strategic market

In Dubai, Wipro establishes the strategic market unit headquarters for the Asia Pacific, Middle East, and Africa region. Wipros APMEA strategic market business has over 30,000 employees and generates almost $1.5 billion in sales. The headquarters will take care of clients business, technology, and transformation agendas in priority sectors like the public sector, telecom, energy, and utilities, and financial services. A coinnovation area with major partners including AWS, Microsoft, HPE, Informatica, Palo Alto Networks, SAS, and Snowflake will be available at Wipros APMEA headquarters. The headquarters will house regionally focused teams from Designit, a strategic design and innovation firm, and Capco, a worldwide technology and management consultancy focused on financial services. Read More..

B2B Tech News | 2 years ago        



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Refresh Your Facts

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