BUSINESS NEWS
Russias Seaborne Oil shipments to Europe Have Slid 60% Since the War in Ukraine began
For the four weeks ended October 7, crude shipments from Russia to Europe averaged 630,000 barrels per day. The most recent round of EU sanctions forb
For the four weeks ended October 7, crude shipments from Russia to Europe averaged 630,000 barrels per day. The most recent round of EU sanctions forbids the transportation of any Russian crude oil on EU vessels. As the Ukraine crisis enters its ninth month, the decision will make it extremely difficult for Russia to shift crude to other purchasers and threatens a significant source of income for Moscow. B2B Tech News | 2 years ago
Coinbase Gets Regulator Approval in Singapore
The value of the share block that will be reserved is now at 4 billion euros $3.9 billion. At the end of June, Nissan had 1.47 trillion yen $10.1 bill
The value of the share block that will be reserved is now at 4 billion euros $3.9 billion. At the end of June, Nissan had 1.47 trillion yen $10.1 billion in cash and cash equivalents, giving them plenty of room to invest in Renaults EV venture. B2B Tech News | 2 years ago
Shares of GM and Ford drop after UBS downgrade due to expectations of falling demand
The shares of GM and Ford are each down roughly 45% so far this year. A little under $50 billion is the market valuation of both corporations. Ford is
The shares of GM and Ford are each down roughly 45% so far this year. A little under $50 billion is the market valuation of both corporations. Ford is downgraded from "neutral" to "sell," and GM is downgraded from "buy" to "neutral." The investing company still favours GM over Ford due to the latters success with electric vehicles. B2B Tech News | 2 years ago
Nissan reportedly ready to invest millions in Renaults EV business
Nissan is prepared to make an investment of between $500 million and $750 million in Renaults electric vehicle division. Over time, Renault is prepare
Nissan is prepared to make an investment of between $500 million and $750 million in Renaults electric vehicle division. Over time, Renault is prepared to lower its stake in Nissan to 15%. The actions would resolve an imbalance that has caused conflict for years. In 1999, Renault sent Carlos Ghosn to save Nissan, and he later rose to the position of CEO of both automakers. When the agreement takes effect, Renaults vote rights will likewise be immediately limited. B2B Tech News | 2 years ago
Asia Stocks Hit by Fed Fears, China Up on Strong Earning Outlook
Most Asian markets sank more on Tuesday as technology companies faced new U.S. export restrictions and a hawkish Federal Reserve, while Chinese benchm
Most Asian markets sank more on Tuesday as technology companies faced new U.S. export restrictions and a hawkish Federal Reserve, while Chinese benchmarks were buoyed by a few of solid results projections. However, Chinas major stock indices climbed on Tuesday, boosted by a bullish outlook from COSCO Shipping Holdings Co Ltd SS601919 and battery manufacturer Contemporary Used in Technology Co Ltd SZ300750, or CATL. This weeks focus will be on local inflation and trade statistics for fresh clues on the Chinese economys possible rebound. In catchup activity following a vacation on Monday, South Koreas techexposed KOSPI sank 2.4%, while Japans Nikkei 225 index fell 2.7%. B2B Tech News | 2 years ago
$37.6 billion global cloud security software industry by 2027
To perform certain activities to safeguard the cloudbased system, data, and infrastructure, cloud security software is used. In 2021, the market for c
To perform certain activities to safeguard the cloudbased system, data, and infrastructure, cloud security software is used. In 2021, the market for cloud security software was valued at US$27.9 billion. The market is anticipated to grow at a CAGR of 5.1% from 2021 to 2027, reaching US$ 37.6 billion. The publishers most recent study offers a comprehensive analysis of the world market for cloud security software, covering all relevant areas. Entrepreneurs, investors, researchers, consultants, business strategists, and anybody else with an interest in the market or who plans to enter it should read this paper. To safeguard workloads from network risks, IBM Cloud offers a fundamental set of network segmentation and network security services. B2B Tech News | 2 years ago
Nanomaterials Made From Seaweed to Create Strong Separators
The bifunctional electrospun nanofiber separator is made of seaweedderived materials that selfalign to avoid dendrite formation. Using additivefree ca
The bifunctional electrospun nanofiber separator is made of seaweedderived materials that selfalign to avoid dendrite formation. Using additivefree carbonate electrolytes, this has increased the cycle duration at high current densities to over 1000 hours at 1 and 3 mA cm2, and over 700 hours at 5 mA cm2. A separators purpose is to separate the working parts of a battery the positive and negative ends and allow free charge transport. It also enables for higher storage and efficiency, increasing battery and permitting devices such as mobile phones to run for extended periods of time. Jing Wang, first author and PhD student at the Bristol Composites Institute B2B Tech News | 2 years ago
Global Metaverse Market to Reach $996 Billion by 2030
The global metaverse market is predicted to be worth $996 billion by 2030, with a compounded annual growth rate CAGR of 39.8%. Companies throughout th
The global metaverse market is predicted to be worth $996 billion by 2030, with a compounded annual growth rate CAGR of 39.8%. Companies throughout the world, even those in nontech industries, are rapidly investing in technology to improve customer interaction, expand brand recognition, and identify new revenue streams. As of 2021, the media and entertainment business accounted for a significant portion of the metaverse markets revenue. In 2021, Apac and North America owned 50% of the metaverse market. B2B Tech News | 2 years agoGet The News to use newsletter to
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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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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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