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South Korea signs an agreement with Russia to help build Egypts first nuclear power plant

South Korea has signed a 3 trillion won contract with a Russian state nuclear plant to supply parts for Egypts first nuclear power plant. ASE is a sub

South Korea has signed a 3 trillion won contract with a Russian state nuclear plant to supply parts for Egypts first nuclear power plant. ASE is a subsidiary of Russias state nuclear giant Rosatom. South Korea has made it clear to the United States in advance that it intends to participate in the Dava project and that its allies will consult closely with each other during the work. Byungho Yun, the presidents office, said that Koreas participation in the Dava project will help establish a foothold for the African nuclear power plant project in the future. He noted that the technology provided by South Korea to the project could not violate international sanctions against Russia. The agreement confirms Koreas advanced technology, safety, and strong supply chain in the nuclear industry. Read More..

B2B Tech News | 2 years ago        

Money laundering is criticised in cashrich Germany by a watchdog

The international watchdog criticized Germany for not doing enough to fight money laundering, such as prosecuting too few people for the crime, despit

The international watchdog criticized Germany for not doing enough to fight money laundering, such as prosecuting too few people for the crime, despite being one of the worlds biggest money centers. The Financial Action Task Force FATF is a global body that groups countries from the U.S. to China to tackle financial crime. Germany has more banks than any other country in the European Union, according to the report. The assessment highlights a series of failings, including a lack of control of those who handle a large amount of money. Germanys finance minister has pledged to centralize control and modernize the authorities technology. Germany has 11 million international migrants, the thirdbiggest globally, according to the report. Read More..

B2B Tech News | 2 years ago        

Alloy Capital invests more than $14 million in conversational messaging company Auronix

Alloy Capital announced in a press release that it has invested approximately $14.5 million in Mexican chat messaging company Auronix. The Mexican co

Alloy Capital announced in a press release that it has invested approximately $14.5 million in Mexican chat messaging company Auronix. The Mexican company uses the most popular messaging channels such as WhatsApp, Messenger, Instagram, Google Business Messages, Apple Messages for Business, RCS, and SMS to automate the companys customer engagement process. Meta is the only Mexican company that is an official messaging partner of Google and Apple. Headquartered in Houston, Texas, Alloy typically invests between $5 million and $25 million in US and Mexican companies. Read More..

B2B Tech News | 2 years ago        

Chinese Province to Prohibit Gas Car Sales

Hainan Island in the South China Sea says it will become the first Chinese region to ban the sale of petrol and diesel cars to reduce climatechanging

Hainan Island in the South China Sea says it will become the first Chinese region to ban the sale of petrol and diesel cars to reduce climatechanging carbon emissions. By 2030, the whole province will ban the sale of fossil cars. Hainan plans to make 45% of vehicles electric by 2030. The ruling Communist Party is promoting electric cars to help cleaning up Chinas smogchoked cities. Last year, China accounted for more than half of global sales of electric vehicles. Read More..

B2B Tech News | 2 years ago        

Nigerian BTC PeertoPeer Volumes Nearly $400M in H1 of 2022

Between January 2021 and June 2022, Nigerias Bitcoin equivalent volume of more than $1.1 billion means the West African country is Paxfuls largest mar

Between January 2021 and June 2022, Nigerias Bitcoin equivalent volume of more than $1.1 billion means the West African country is Paxfuls largest market. Kenya is now the second largest African cryptocurrency exchange market and the fifth largest overall. Nigeria is the largest market in the world for Paxful. Kenya is currently the second largest cryptocurrency market in Africa and the fifth largest in the world. The annual growth in Ghanas trade volume was 95%. The Central African Republic was the first African country to use Bitcoin as a fiat currency. Read More..

B2B Tech News | 2 years ago        

Selection of Inpex, TotalEnergies, and Woodside to investigate subsea carbon storage

Australia has awarded acreage permits to assess the feasibility of greenhouse gas storage off the northwest coast. The move is part of the Australian

Australia has awarded acreage permits to assess the feasibility of greenhouse gas storage off the northwest coast. The move is part of the Australian governments plan to cut CO₂ emissions by 43% by the end of this decade. Inpex will operate the Bonaparte CCS assessment joint venture with a 53% stake while TotalEnergies and Woodside will own 26% and 21%. Inpex Australia, Woodside Energy, and Mitsubishi have secured the first of five new offshore carbon storage permits under the 2021 offshore Greenhouse Gas Storage Acreage Release. Three companies have been authorized to conduct assessments and evaluations in the G7AP area of ​​the Bonaparte Basin on the northwest coast of Australias Northern Territory. Federal Resources Minister Madeleine King said the government will finalize the award of all five new greenhouse gas storage permits. Read More..

B2B Tech News | 2 years ago        

Korea and Russia sign a $2.25 billion contract with the nuclear company

The state nuclear companies of South Korea and Russia have signed a 3 trillion won contract to supply parts for Egypts first nuclear power plant. ASEs

The state nuclear companies of South Korea and Russia have signed a 3 trillion won contract to supply parts for Egypts first nuclear power plant. ASEs contract with stateowned Korea Hydro & Nuclear Power calls for South Korea to provide construction work and turbinerelated equipment for a power plant under construction in Dabaa, about 130 kilometers northwest of Cairo on the Mediterranean coast. ASE is owned as a subsidiary of the Russian state nuclear power company Rosatom. The talks are being delayed due to unexpected factors such as Russias war in Ukraine and USled sanctions against Moscow, said Yoon Seokyeol, a senior adviser to the presidents office. Read More..

B2B Tech News | 2 years ago        

Australian shoppers are turning to cheaper goods amid decades of high inflation

Australia continues to experience multidecade high inflation, and the biggest supermarkets in the country have started to notice that consumers are tu

Australia continues to experience multidecade high inflation, and the biggest supermarkets in the country have started to notice that consumers are turning to less expensive goods. Woolworths CEO Brad Banducci says Australian consumers are beginning to shift their spending toward less expensive goods. Indicating that food prices are rising faster than the headline inflation rate, the average price of food increased by 3.6% over the three months ending in June. The Australian Bureau of Statistics reported the highest inflation rate since the early 2000s, at 6.1%, for the year ending in June. Coles, Coles main rival, presented similar findings in their yearend results. To keep customers interested, supermarkets have implemented a price freeze on basic items. Read More..

B2B Tech News | 2 years ago        



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