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US, Japan and partners raise $20 billion to get Indonesia out of coal

A group of countries will pool $20 billion in public and private funds to assist Indonesia in closing coal power plants. The Indonesia Just Energy Tra

A group of countries will pool $20 billion in public and private funds to assist Indonesia in closing coal power plants. The Indonesia Just Energy Transition Partnership JETP seeks to move the sectors peak emissions date ahead by seven years, to 2030. According to an official, JETP is perhaps the single largest climate finance transaction or cooperation ever. The country of Indonesia JETP is based on a $8.5 billion plan launched last year to develop renewable energy in South Africa. It seeks to double the rate of renewable energy deployment to at least 34% of total power generation by 2030. Read More..

B2B Tech News | 2 years ago        

Empowering Parents Social networking app Kindship raises $1 million to tackle NDIS planning

A social networking software called Kindship was created with parents of disabled children in mind. Birchal, an equity crowdfunding platform, has help

A social networking software called Kindship was created with parents of disabled children in mind. Birchal, an equity crowdfunding platform, has helped the Adelaidebased business raise more than $1 million. The money will go toward creating and introducing the Kindship wallet, which will make use of artificial intelligence to assist families in better managing their childrens NDIS funds through better budgeting and tracking. For the purpose of hiring a plan manager, each NDIS member is entitled to an additional budget of $1,248 each year. There are active NDIS plans for 266,000 children under the age of 18, which represents a $332 million potential each and every year. Read More..

B2B Tech News | 2 years ago        

Orpea reduces its international activities

In response to allegations of malpractice at its French retirement homes, Orpea ORP.PA, a French company, announced on Tuesday that it would reduce it

In response to allegations of malpractice at its French retirement homes, Orpea ORP.PA, a French company, announced on Tuesday that it would reduce its international activities and concentrate on its core business while considering the option of converting nearly four billion euros of debt into new shares. The company, which has lost 90% of its market capitalization this year, claimed in June that an independent audit had discovered evidence of financial wrongdoing. It also announced in October that it had requested talks with creditors and warned of asset impairments. Read More..

B2B Tech News | 2 years ago        

Boeing wants the US FAA to approve paint repair for the 787s wing peeling

Boeing has requested that US regulators accept its proposal to remedy the 787 paint peeling issue. The most recent proof of external issues on carbonc

Boeing has requested that US regulators accept its proposal to remedy the 787 paint peeling issue. The most recent proof of external issues on carboncomposite jets. Airbus is embroiled in a $2 billion legal battle with Qatar Airways over the A350s surface. Both companies insist that the lightweight variants are safe. Boeing has requested FAA certification to repair a paint peeling issue on some 787 Dreamliner planes. The manufacturer claims that it must repaint the wing and horizontal stabiliser on a much more frequent basis. Boeing halted delivery in May 2021 after the FAA expressed reservations about the proposed inspection procedure. Read More..

B2B Tech News | 2 years ago        

East African White Cement Market Reaches $17.2 Million at 6.33% CAGR

In 2021, the East Africa white cement market had a value of $11.9 million. The publication projects that the market will reach US$ 17.2 million by 202

In 2021, the East Africa white cement market had a value of $11.9 million. The publication projects that the market will reach US$ 17.2 million by 2027, growing at a CAGR of 6.33% from 2021 to 2027. We are constantly monitoring and assessing the direct as well as indirect impact of the pandemic on various end use sectors while keeping in mind the COVID19 uncertainties. These observations are cited in the study as a significant market contributor. Raw materials like china clay, chalk, white limestone, and minerals with little to no colouring agents like iron oxide and manganese oxide are used to make white cement. The whiteness and undertone of the white cement are influenced by these oxides. It costs more than regular portland cement. Read More..

B2B Tech News | 2 years ago        

Exports from China to Mexico are up 28% so far this year

Between January and August 2022, Chinas exports to Mexico were US $79.48 billion, a 28% increase over the same period in 2021. According to Bi Nu Pill

Between January and August 2022, Chinas exports to Mexico were US $79.48 billion, a 28% increase over the same period in 2021. According to Bi Nu Pillai, operations manager of the Chinese company Me Orient, the increase in bilateral trade shows that Mexico is a priority for China. At this years ChinaMexico Fair in Mexico City, organisers anticipate 20,000 business contacts between exhibitors and expected attendees. Read More..

B2B Tech News | 2 years ago        

Blackstone launches data center platform in Asia, starting with India

Blackstone Group has entered the Asian data centre market, with a total capacity of 600 MW planned across two major hyperscale data centres in India.

Blackstone Group has entered the Asian data centre market, with a total capacity of 600 MW planned across two major hyperscale data centres in India. Blackstones Real Estate and Tactical Opportunities funds will own and control Lumina CloudInfra, a data centre platform established by the New Yorkbased investor. Lumina highlights the companys sustained focus on global data infrastructure and commitment to expanding its presence in Asia. Read More..

B2B Tech News | 2 years ago        

Revenue of telecommunications group Iliad stimulated by new subscribers

Iliad, a French telecoms group, reported an 8% increase in likeforlike sales for the third quarter, as subscriber numbers increased in France, Italy,

Iliad, a French telecoms group, reported an 8% increase in likeforlike sales for the third quarter, as subscriber numbers increased in France, Italy, and Poland. In the three months ending September 30, the Group reported consolidated revenue of 2.15 billion euros $2.22 billion, a 12.5% increase over the previous year. We have probably never had such strong business results, but we have also never had such an uncertain macroeconomic environment, says the CEO. Read More..

B2B Tech News | 2 years ago        



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