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Whistleblower Uber calls on Europe to face the

Ubers chief lobbyist in Europe, Mark MacGann, called the business methods borderline immoral. He remembered how virtually unlimited finance executives

Ubers chief lobbyist in Europe, Mark MacGann, called the business methods borderline immoral. He remembered how virtually unlimited finance executives were forced to persuade and intimidate drivers who were involved in legal problems. The EU is discussing regulations requiring enterprises in the gig economy to guarantee that workers receive the minimum wage, sick pay, and vacation days. Read More..

B2B Tech News | 2 years ago        

The Egyptian SODIC offers to buy Orascom Real Estate for 125 million dollars

Orascom Real Estate has been offered for sale by Egypts SODIC OCDI.CA for $125 million. The state holding company ADQ and Abu Dhabis Aldar Properties

Orascom Real Estate has been offered for sale by Egypts SODIC OCDI.CA for $125 million. The state holding company ADQ and Abu Dhabis Aldar Properties acquired a controlling interest in the Cairobased developer last year. The offer comes as Egypt battles the financial effects of the war in Ukraine while trying to entice billions of dollars in investment from the Gulf. Read More..

B2B Tech News | 2 years ago        

Australian ELMO Software agrees to takeover US company worth $319 million

The offer represents a premium of 100.4% over the closing share price on October 12, the day before ELMO disclosed it had been approached about a purc

The offer represents a premium of 100.4% over the closing share price on October 12, the day before ELMO disclosed it had been approached about a purchase. Since K1 is an international company, Australias Foreign Investment Review Board will need to approve the acquisition. According to two sources with firsthand knowledge of the situation, K1s offer for ELMO outperformed that of other potential buyers, including AccelKKR, who had been circling the company for a few months. Since the material had not yet been made public, the sources could not be identified. To Reuters, AccelKKR declined to comment. $1 is equal to 1.5672 Australian dollars. Read More..

B2B Tech News | 2 years ago        

JICA projects to help Indian private sector break through in Southeast Asia

The Japanese governments development agency wants to increase its $15 billion global investments in projects involving the private sector. Since the 1

The Japanese governments development agency wants to increase its $15 billion global investments in projects involving the private sector. Since the 1950s, JICA has been operating in India and has contributed $400–500 million to a number of initiatives, for a total exposure of $400–500 million. For India and other nearby nations like Bangladesh, Myanmar, and Thailand, the development of the Bengal Bay is critical. Since Bangladesh does not currently have a good deepwater port, JICA is helping the Bangladeshi government build the Matarbari Port. According to the Asian Development Bank, Indias growth will be close to 7%. Read More..

B2B Tech News | 2 years ago        

INFORM establishes joint venture with Brazilian company Portia LAC

INFORM has formed a partnership with its longterm partner Portia LAC in Brazil. The new company will handle INFORM software sales, consulting, and sup

INFORM has formed a partnership with its longterm partner Portia LAC in Brazil. The new company will handle INFORM software sales, consulting, and support. INFORM has offices on five continents, in addition to its headquarters in Aachen, Germany. INFORMs systems optimise decisionmaking and planning processes in airline and airport operations, logistics, transportation, personnel deployment, and financial crime detection. Customers in South America include wellknown companies such as Via Varejo, Volkswagen México, LATAM Airlines, and Zurich Insurance. Read More..

B2B Tech News | 2 years ago        

Investors Favor European Debt After Rates Turn Positive

According to European Investment Bank and European Commission funding officials, investors are beginning to return to the market. According to Sandeep

According to European Investment Bank and European Commission funding officials, investors are beginning to return to the market. According to Sandeep Dhawan, the EIBs head of benchmark funding, pension funds and insurers are behaving similarly. Christian Engelen, head of the EUs budget departments borrowing and lending unit, says the European Union is also seeing increased interest from outside the EU. Read More..

B2B Tech News | 2 years ago        

NTT DATA Sponsors Antarctic Climate Change Awareness Research Team

Swan is the first person to walk from the Ross Ice Shelf in Antarctica to the Geographic South Poles. NTT DATA will launch a webbased app and a podcas

Swan is the first person to walk from the Ross Ice Shelf in Antarctica to the Geographic South Poles. NTT DATA will launch a webbased app and a podcast series in November to provide information on Swans expedition and to encourage individuals and organisations to embark on their own journeys toward sustainability. He founded the 2041 Foundation to advocate for continued protection of the frozen continent when the Antarctic Treaty is reviewed in 2041. Read More..

B2B Tech News | 2 years ago        

UBS sees mixed developments in Asia

The Asia Pacific global wealth management business adds $6.6 billion in net new feegenerating assets. When annualised, that equates to a growth rate o

The Asia Pacific global wealth management business adds $6.6 billion in net new feegenerating assets. When annualised, that equates to a growth rate of more than a quarter, or 25.3%. However, pretax profit falls by $56 million to $237 million as revenues fall by 12%. The bank stated that the drop was primarily due to a drop in transactionbased income. Read More..

B2B Tech News | 2 years ago        



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