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Tesla hits sales record in China thanks to Beijings praise for Musks Taiwanese design

In September, Tesla sales in China reached a new monthly high, increasing 8% over the previous month. Sales increase as Beijing applauds Elon Musks re

In September, Tesla sales in China reached a new monthly high, increasing 8% over the previous month. Sales increase as Beijing applauds Elon Musks remarks about reunification for ChinaU.S. relations and Taiwans future in a special administrative region like Hong Kong. Teslas sales figures come after a trying time for the companys stock, which has dropped about 16% in October. Analysts have been keeping an eye out for indications that Teslas rise in China is slowing. Geopolitical unrest and increased competition are having a negative impact on Teslas Chinese operations. Read More..

B2B Tech News | 2 years ago        

IDBI Bank increases 11% as the government requests bids for a strategic disposal

On the BSE, shares of IDBI Bank rose 11% to Rs 47.40 during Mondays intraday trading. Initial offers for a strategic disinvestment in the lender were

On the BSE, shares of IDBI Bank rose 11% to Rs 47.40 during Mondays intraday trading. Initial offers for a strategic disinvestment in the lender were invited by the finance minister. The government and Life Insurance Corporation intend to jointly sell a 60.7% interest. The market price of IDBI bank has increased by approximately 50% during the last three months. Read More..

B2B Tech News | 2 years ago        

Paytms credit distribution business increases to 9.2 million

With disbursements through the platform being at a yearly run rate of $34,000 crore, Paytms loan distribution business has experienced fast developmen

With disbursements through the platform being at a yearly run rate of $34,000 crore, Paytms loan distribution business has experienced fast development. The most recent data show that for the quarter that ended in September 2022, 9.2 million loans were disbursed, an increase of 224% year over year. With the deployment of 4.8 million devices in merchant stores around the nation, the corporation also continues to solidify its leadership in offline payments. Read More..

B2B Tech News | 2 years ago        

Pantheon expands its global private wealth management platform with key hires in Europe and the United States

Pantheon hires Alex Denny, who was previously in charge of Fidelity Internationals investment trust division. Formerly with Goldman Sachs Asset Manage

Pantheon hires Alex Denny, who was previously in charge of Fidelity Internationals investment trust division. Formerly with Goldman Sachs Asset Management, Nicole Parker has joined as Managing Director, US Private Wealth. Pantheon is dedicated to giving noninstitutional investors access to the private markets. Increased investor demand for its $6 billion evergreen platform is reflected in new employment. Nicole previously worked at Goldman Sachs in the Asset Management Divisions Alternative Investment Solutions Group, concentrating on the advising sector. Third registered private equity fund to reach $1 billion in assets under management is AMG Pantheon Fund. Read More..

B2B Tech News | 2 years ago        

The Pacific island of Fiji aims for a hightech future

The economy of Fiji has had a particularly rough six years. In 2016, Cyclone Winston tore across the area, displacing tens of thousands of people from

The economy of Fiji has had a particularly rough six years. In 2016, Cyclone Winston tore across the area, displacing tens of thousands of people from their homes and leaving scores of people dead. In addition to virtually ceasing operations, Fijis valuable seafood and agricultural exports also came to a halt. The main institution in Fiji has historically experienced a brain drain as graduates leave in quest of better career prospects in more industrialised nations like Australia and New Zealand. Mr. Bradley wants to encourage university grads to remain in Fiji and find employment rather than leave the country to find employment elsewhere. Read More..

B2B Tech News | 2 years ago        

Vocus Group and Sterlite Tech work together on a project in Australia.

In Western Australia, the digital network integrator established a partnership with Continuity of operations Group for Project Horizon. Sterlite Techn

In Western Australia, the digital network integrator established a partnership with Continuity of operations Group for Project Horizon. Sterlite Technologies STL will supply high strength fiber optic cables for Vocus inter jurisdiction network extension projects as part of the collaboration. The firm reported a net loss of Approximately 20 crore in Q1 FY23, compared to a net profit of Rupees 116 crore in Q1 FY22. Read More..

B2B Tech News | 2 years ago        

The rate of food inflation may be decreasing, but that isnt necessarily good news for food costs just yet.

Im actually optimistic that at least food inflation, which isnt exactly the same thing as food costs, will come down because there have been reasonabl

Im actually optimistic that at least food inflation, which isnt exactly the same thing as food costs, will come down because there have been reasonably good harvests in Canada and a lot of other countries, Reproduction said in an interview with governmentfunded CBC Radio about the cost of living in Canada. The index reached a new record in March, but even after a drop in September, it was still 5.5% higher than a year before. According to a September 27 blog post from the International Food Policy Research Institute, food inflation has eased due to a variety of factors, including slowing global growth, seasonal factors, and a deal brokered by the UN and Turkey to allow grain shipments from Ukraine to be exported from Black Sea ports. American cuisine Read More..

B2B Tech News | 2 years ago        

Veolia North Americas Gum Springs Thermal Treatment Plant

Veolia North America will hold a groundbreaking ceremony for a new stateoftheart thermal treatment plant at Gum Springs near Arkadelphia on Wednesday,

Veolia North America will hold a groundbreaking ceremony for a new stateoftheart thermal treatment plant at Gum Springs near Arkadelphia on Wednesday, Oct. 12. The operation is part of a roughly $600 million investment, according to a news statement issued by the business on Friday Oct. 7. During development, the Gum Springs project is planned to bring more than 125 fulltime union positions to the companys payroll and give possibilities for hundreds of trade contractors. The new plant, when finished in 2024, will be the most sophisticated, ecologically efficient facility of its kind in the United States, according to the news release. 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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