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Reliance, Nayara to take advantage of the European energy crisis,

The European energy crisis is projected to benefit Reliance Industries and Nayara Energy. These are Asian refineries that manufacture winterspecified

The European energy crisis is projected to benefit Reliance Industries and Nayara Energy. These are Asian refineries that manufacture winterspecified diesel for the EU. Because Indias stateowned oil companies do not export, Reliance has an advantage. Europe is the worlds leading importer of diesel and is net short of petroleum distillate. Analysts believe that Asia and the Middle East can only provide 1.52.2 million tonnes of refined products per month to Europe as the winter continues. Read More..

B2B Tech News | 2 years ago        

Rapid Changes in the Corporate Actions Industry Require Adaptability, Say CorpActions Panelists

Panelists at this years CorpActions conference in London agreed that flexibility and adaptation are critical for corporate actions divisions to keep u

Panelists at this years CorpActions conference in London agreed that flexibility and adaptation are critical for corporate actions divisions to keep up with event developments. The rise of remote working and the COVID19 epidemic aggravated attrition difficulties, according to one significant point raised. T2S wants to make crossborder securities settlements easier. Corporate events, on the other hand, are not necessarily recognised across borders, causing uncertainty. A reduction in the amount of time available to deal with any issues that may develop could result in an increase in T+1 failures. SIX An increase in the volume of corporate activities must still be considered. Read More..

B2B Tech News | 2 years ago        

SpaceX just bought a big Twitter ad campaign for Starlink

Elon Musks aerospace company SpaceX has ordered one of Twitters larger advertising packages. The campaign will promote the Starlink satellite internet

Elon Musks aerospace company SpaceX has ordered one of Twitters larger advertising packages. The campaign will promote the Starlink satellite internet service, which is owned and operated by SpaceX. When a company purchases one of these packages, they typically spend up to $250,000 to get their brand to the top of Twitter. He is on a mission to generate at least half of Twitters revenue from subscribers rather than advertising. Many advertisers have temporarily paused their ad spending on Twitter, in part due to an onslaught of hate speech and misinformation. Read More..

B2B Tech News | 2 years ago        

Chubb promotes Howell to lead consumer business in AsiaPacific

Ben Howell has been elevated to Regional Head of Consumer, APAC for Chubbs Asia Pacific general insurance division. Howell will oversee the financial

Ben Howell has been elevated to Regional Head of Consumer, APAC for Chubbs Asia Pacific general insurance division. Howell will oversee the financial performance of Chubbs consumer division, which includes A&H and personal lines insurance. As a peoplefocused leader, he is known for assembling highperforming teams and taking an active interest in their professional growth. Read More..

B2B Tech News | 2 years ago        

Wipro appoints Ankush Saigal as head of telecommunications business in Southeast Asia

Ankush Saigal will oversee Wipros expansion in the Southeast Asian telecom sector. He will assist clients in accelerating their transformation process

Ankush Saigal will oversee Wipros expansion in the Southeast Asian telecom sector. He will assist clients in accelerating their transformation process and realising their growth goals. Ankush has a wealth of experience in creating and managing longterm strategic client relationships. The appointment comes at a time when the entire telecom industry is looking to adopt an ecosystem strategy in order to reach new heights and drive longterm growth. Read More..

B2B Tech News | 2 years ago        

US Blocks Over 1,000 Solar Shipments Against Chinese Forced Labor

Since June, US ports have detained more than 1,000 shipments of solar energy components. New legislation prohibiting imports from Chinas Xinjiang regi

Since June, US ports have detained more than 1,000 shipments of solar energy components. New legislation prohibiting imports from Chinas Xinjiang region due to worries about slave labour. Policy designed to put pressure on Beijing over its Xinjiang detention facilities. An action could hinder the Biden administrations efforts to decarbonize the US power sector in order to combat global warming. According to a trade group, the inability to procure panels is the main cause of the nearly 23 gigawatts of solar projects that are delayed. The Biden administration was asked by ACP to simplify the import vetting procedure. Read More..

B2B Tech News | 2 years ago        

Yellen visits India to strengthen USIndoPacific partnerships

U.S. Treasury Secretary Janet Yellen was focused on supply chains, Russias conflict in Ukraine, and COVID19s effects as she got ready to meet with Ind

U.S. Treasury Secretary Janet Yellen was focused on supply chains, Russias conflict in Ukraine, and COVID19s effects as she got ready to meet with Indian leaders on Friday in New Delhi. According to Yellen, cooperation between friendly nations will help diversify supply chains away from China, which presently controls over 80% of the worlds solar panel output. Global supply chains have been impacted by widespread lockdowns in important financial and manufacturing hubs as a result of Chinas strict zeroCOVID policy. According to the U.S. Treasury Department, Yellen will speak about the relationship between the United States and India in creating an economic framework in the IndoPacific region to increase economic integration with trusted trading partners and mitigate geopolitical risks. Read More..

B2B Tech News | 2 years ago        

Foodpanda Parent Company Achieves Breakeven Adjusted EBITDA in Q3 2022

Delivery Hero, the company behind food delivery major Foodpanda, posted around US$2.5 billion in revenue for the third quarter of 2022, a 28% surge co

Delivery Hero, the company behind food delivery major Foodpanda, posted around US$2.5 billion in revenue for the third quarter of 2022, a 28% surge compared to the same period last year. At the same time, its gross merchandise value GMV increased 12% year on year to US$11.7 billion. In line with former guidance, the firms platform business – which includes Foodpandas operations in Asia – broke even in the reported quarter. With this, Delivery Hero aims to raise its EBITDA margin for the period in the range of 1.4% to 1.5% compared to GMV for its 2022 financial year. 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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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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5.  Approximately 8 billion gadgets connect on the internet every day.
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