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Glencore sells the Australian Yancoll package for 293 million dollars

Glencore has sold its 6.4% stake in Yancoal Australia in a block trade, valued at A$422m $293m, two sources familiar with the development told Reuters

Glencore has sold its 6.4% stake in Yancoal Australia in a block trade, valued at A$422m $293m, two sources familiar with the development told Reuters. The transaction comes almost a month after Chinese firm Yankuang Energys takeover offer for Yancoal was rejected by the shareholders of the latter and Glencore. The Swiss mining giant maintained that it would consider selling its stake at the right price. In a separate announcement, Glencore agreed on a coal supply deal with Japans Nippon Steel, at one of the highest prices ever paid. Read More..

B2B Tech News | 2 years ago        

Technologists require effective policies to maximize NFT and Metaverse opportunities

The experts spoke at the NigeriaBritish Chamber of Commerce NBCC technology event. Metaverse is a simulated digital environment that uses virtual real

The experts spoke at the NigeriaBritish Chamber of Commerce NBCC technology event. Metaverse is a simulated digital environment that uses virtual reality VR, augmented reality AR, and social media concepts to mimic the real world to create a virtual presence. There is a concern about money laundering because money moves in a distributed manner without the influence of governments or central banks. Digital artists and NFT creators should consider legal issues such as trademarks, copyrights, contracts, and licenses to avoid infringement or other penalties Read More..

B2B Tech News | 2 years ago        

Vodafone Business UC with Ring Central is now available in Germany

Vodafone Business UC with RingCentral is a powerful communication platform for the German market. This solution gives companies more choice, flexibili

Vodafone Business UC with RingCentral is a powerful communication platform for the German market. This solution gives companies more choice, flexibility, and simplicity in how their employees communicate and collaborate. Vodafone Business UC with RingCentral allows businesses the capacity to move from infrastructure to the cloud. This highly secure solution includes call recording, HD video conferencing, and many other new features. End users will benefit from a wide range of unique and differentiated features, including advanced AIpowered dating insights Read More..

B2B Tech News | 2 years ago        

In Saudi Arabia, Boeing anticipates growth of $14.9 billion over the following five years.

Boeing sees $14.9 billion in opportunity for growth in Saudi Arabias military business over the five years. The company has been partnering with the K

Boeing sees $14.9 billion in opportunity for growth in Saudi Arabias military business over the five years. The company has been partnering with the Kingdom for more than 70 years and has over 2,200 people employed by various Boeing entities. We are committed to making the Kingdoms Vision 2030 a success, Rick Lemaster, vice president of Middle East, North Africa, and Turkey said. Boeings Middle East market outlook for defense and government services is $33.5 billion for the next five years with 98 campaigns. The company held ongoing discussions with defense officials from the Gulf and Middle East regions on the sidelines of the event. Boeing was also privileged to be part of the Kingdoms World Defense Show, which was held in March. Read More..

B2B Tech News | 2 years ago        

TotalEnergies and ADNOC are partners in supplying fuel to Egypt

The partnership between TotalEnergies and ADNOC Distribution was further strengthened after signing an agreement to acquire a 50% stake in Total Energ

The partnership between TotalEnergies and ADNOC Distribution was further strengthened after signing an agreement to acquire a 50% stake in Total Energies Marketing Egypt LLC for approximately $200 million. The acquisition is expected to close in the first quarter of 2023, subject to certain conditions, including customary regulatory approvals. ADNOC Distribution CEO Bader Saeed Al Lamki said Read More..

B2B Tech News | 2 years ago        

Panini returns to Latin Americas largest financial technology expo, Febraban Tech

Panini, a global payment technology provider, will participate in the new Febraban Tech event in São Paulo, Brazil , three years after the cancellati

Panini, a global payment technology provider, will participate in the new Febraban Tech event in São Paulo, Brazil , three years after the cancellation of its last predecessor, CIAB, due to the global pandemic. 19 Pandemic Panini will introduce its latest smart check scanner, the Vision E, ideal for branch use and remote deposit acceptance RDC. The Panini booth will present a preview of a new secure identification platform BioCred. Mobile Systems, Tessi and Most will bring to the market software solutions that take advantage of our advanced scanners. FEBRABAN TECH 2022 Bienal de São Paulo Parque do Ibirapuera, will take place from August 9 to 11. Panini improves customer efficiency and prevents fraud through reliable and innovative technologies for check cracking and secure identification. The companys scalable check imaging systems represent a full range of distributed recording capabilities. Read More..

B2B Tech News | 2 years ago        

ABO Wind sells Canadas 514.6MW Buffalo Plains wind project

German renewable energy developer ABO Wind has sold the project rights to its Buffalo Plains wind farm in Alberta, Canada, to a private investor. It w

German renewable energy developer ABO Wind has sold the project rights to its Buffalo Plains wind farm in Alberta, Canada, to a private investor. It will have the capacity to generate enough clean energy to power 240,000 homes and offset 795,000t of carbon dioxide a year. ABO Wind has signed a deal with an unnamed Canadian investor to develop the Pajuperänkangas wind farm in Finland. The 86.8 MW wind farm has 14 turbines and produces enough clean energy to power approximately 80,500 homes. Earlier this year, ABO Wind and Statkraft finalized a tenyear power purchase agreement for the project. Read More..

B2B Tech News | 2 years ago        

5G and the future of environmental technologies

PNE, a German wind farm developer, has entered the Spanish renewable energy market by acquiring a 51 percent stake in Coliaenergia ESPAA Kolya, a comp

PNE, a German wind farm developer, has entered the Spanish renewable energy market by acquiring a 51 percent stake in Coliaenergia ESPAA Kolya, a company that develops largescale solar projects. For an undisclosed sum, PNE purchased the Kolya stake from Consultoria Industrial Beaguihe and Garisun Renovables. PNEs photovoltaic PV pipeline has grown by more than 40% to a total of 4.22GWp by acquiring the shares and Kolyas pipeline of 1.81GWp PV projects. In addition to approximately 804MWp for third parties, Kolyas 1.81GWp solar PV pipeline includes about 1GWp capacity for its project development. 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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