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China shows signs of easing the crackdown on the video game industry

Beijing appears to be loosening up on its harsh control on the local video gaming industry. Positive news can portend a more upbeat picture for the Ch

Beijing appears to be loosening up on its harsh control on the local video gaming industry. Positive news can portend a more upbeat picture for the Chinese gaming industry. According to a CNG survey, more than 70% of children spend less than 3 hours per week playing internet games. The companys first commercial game licence in 1.5 years is Metal Slug Awakening from Tencent. To publish and earn money in China, video games require approval. Analysts were informed by Tencent management last week that the company anticipates game licence applications to be approved fairly quickly. Read More..

B2B Tech News | 2 years ago        

AMP Bank partners with Bricklet to help home buyers overcome the deposit barrier

The Australian platform for fractional property ownership, Bricklet, has partnered with AMP Bank. According to the arrangement, AMP Bank will give loa

The Australian platform for fractional property ownership, Bricklet, has partnered with AMP Bank. According to the arrangement, AMP Bank will give loans to owner occupiers whose deposits have been secured via the Bricklet sharedequity platform. A fractional ownership share in real estate is available to investors through the internet marketplace Bricklet. People can use Bricklet to obtain a mortgage for their residence and rent the remaining portion from an investor. The buyer pays the investor an occupancy charge in addition to the regular mortgage payments to the bank. However, the homeowner has the option to purchase the investors share of the equity at any time or upon the sale of the house. Read More..

B2B Tech News | 2 years ago        

Europe will be hardest hit by global slowdown, says OECD

According to the Organization for Economic Cooperation and Development, the global economy will slow from 3.1% this year to 2.2% next year. Russias wa

According to the Organization for Economic Cooperation and Development, the global economy will slow from 3.1% this year to 2.2% next year. Russias war in Ukraine has had the greatest impact on Europe, which is also where energy prices have increased the most. Mathias Cormann, director of the OECD, said We are definitely anticipating a period of considerable decline. Over the course of the OECD, inflation was predicted to decline from more than 9% this year to 5.1% by 2024. Although many governments had already spent a lot of money on energy price caps, tax breaks, and subsidies to ease the pain of high inflation, the OECD stated that the high cost meant that such support would need to be better targeted. Read More..

B2B Tech News | 2 years ago        

Ivory Coast and Ghana move forward to incentivize buyers to pay cocoa premiums

The two biggest producers of cocoa in the world, Ivory Coast and Ghana, notice efforts made by some businesses to pay farmers more. Threatening to h

The two biggest producers of cocoa in the world, Ivory Coast and Ghana, notice efforts made by some businesses to pay farmers more. Threatening to halt sustainability initiatives, they had given manufacturers until November 20 to fulfil their pledges. The Ivory Coasts population of 24% is fed by cocoa production, which contributes 14% to the countrys GDP. Local processing accounts for about 25% of Ivorian cocoa production. It claims that because of its efforts, countless children have been spared from the malnourished and stunted African elephant species. Read More..

B2B Tech News | 2 years ago        

European Markets Close at 3Month Highs Oil and gas stocks gain 4.7%

The European stock markets rose on Tuesday as traders considered the regions economic prospects and worries about Chinas tightening of COVID controls,

The European stock markets rose on Tuesday as traders considered the regions economic prospects and worries about Chinas tightening of COVID controls, which are still limiting output.The panEuropean Stoxx 600 finished provisionally 0.8% higher and at its highest point in three months.Following Saudi Arabias denial of a claim that OPEC+ may increase oil output, stockpiles of oil and gas increased 4.7%. Stocks in the mining industry increased 2.7%. The home goods, financial services, and telecommunications industries all had a 0.1% decline.Investors continue to closely monitor economic data and evaluate how it might impact the direction of central banks monetary policy.According to the OECD, Europe would be hardest hit by a global economic downturn as energy costs rise and economic activity declines as a result of Russias conflict in Ukraine. Read More..

B2B Tech News | 2 years ago        

Wipro becomes the first Indian IT company to allow trade unions in Europe

As the first Indian IT services provider to permit its staff to organise a union in Europe, Wipro has done so. Following a request from workers in 201

As the first Indian IT services provider to permit its staff to organise a union in Europe, Wipro has done so. Following a request from workers in 2019, the business has entered into an agreement with employee representatives to establish a European Works Council EWC. Employee representatives from 13 different nations, including Germany, the Netherlands, France, Sweden, and Finland, participated in the negotiations for the EWC agreement. Wipro has nearly 30,000 people in Europe, and some of its most important clients include Metro, Telefonica Germany, and ABB.Employee unions in Europe have made previous attempts to bargain with Wipro for higher compensation. Read More..

B2B Tech News | 2 years ago        

Headline inflation in Mexico eased in early November, while core inflation increased

Mexicos annual headline inflation is expected to have decreased in the first half of November but to have remained significantly higher than governmen

Mexicos annual headline inflation is expected to have decreased in the first half of November but to have remained significantly higher than government targets, opening the way for future interest rate increases by the nations central bank. According to the 16 analysts consensus predictions, annual headline inflation will decrease from the 8.28% recorded in the second half of October to 8.24%. Read More..

B2B Tech News | 2 years ago        

Brazils gross debt expected to fall to 74.3% of GDP by 2022, Guedes says

The gross debt as a percentage of GDP in Brazil, according to Minister of the Economy Paulo Guedes, is expected to drop to 74.3% in 2022, the lowest l

The gross debt as a percentage of GDP in Brazil, according to Minister of the Economy Paulo Guedes, is expected to drop to 74.3% in 2022, the lowest level since 2018 75.3%. At a news conference, he also predicted that the primary budget surplus for the federal government will surpass the 0.2% level predicted earlier by the Minister of the Economy and reach 0.4% of GDP this year. 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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