Header-template

Global News

BUSINESS NEWS

Startup Suvastika Solar acquires patent from Indian government for IoTbased system

Suvastika, a startup led by Khushboo Sachdev, has received a patent from the Indian government for an IoTbased multibattery selection system. The comp

Suvastika, a startup led by Khushboo Sachdev, has received a patent from the Indian government for an IoTbased multibattery selection system. The company is backed by a strong team of technology bureaucrats who introduce and patent new technologies in the storage, solar, and energy industries. They plan to further disrupt these business industries by taking money out of their mouths and giving them technology. Suvastika is one of the fastestgrowing startups with a strong presence in international regions like Africa, the Middle East, and Southeast Asia. The companys products include solar power inverters that can manage offgrid and offgrid solar power. To conquer the global market, their goal is to create advanced technology and create incremental customization. Read More..

B2B Tech News | 3 years ago

Bosch is building a $215 million plant in central Mexico

Technology supplier Bosch Group announced plans on Wednesday to build a 4.3 billion peso $215 million factory in the central Mexican state of Queretar

Technology supplier Bosch Group announced plans on Wednesday to build a 4.3 billion peso $215 million factory in the central Mexican state of Queretaro. According to a company release, the Bosch Rexroth subsidiary produces parts for mobile car applications. The factory covers an area of 42,000 square meters 452,080 square feet and will open next year, creating more than 900 jobs. We can develop a strong regional supply chain, said Greg Gumbs, president, and CEO of Bosch Rexroth North America. The company announced that it has invested about 15 billion pesos in Mexico in recent months to expand its plants in Queretaro and Aguascalientes and new production sites in Nuevo Leon. Read More..

B2B Tech News | 3 years ago

Germany is attempting to acquire the majority of Uniper, a gas importer

The federal government plans to increase its stake in struggling energy giant Uniper to more than 50%, Reuters reported. The government could fully na

The federal government plans to increase its stake in struggling energy giant Uniper to more than 50%, Reuters reported. The government could fully nationalize the gas importer to avoid a potential collapse of the energy system amid the worsening energy crisis. Germany agreed to a $15 billion bailout. People familiar with the matter told Bloomberg News that the company may need more than the bailout. Read More..

B2B Tech News | 3 years ago

ABO Wind sells SOLA Group solar facilities in South Africa

German renewable energy developer ABO Wind has sold the project rights to two solar photovoltaic PV farms in African country, each with 100MW of capac

German renewable energy developer ABO Wind has sold the project rights to two solar photovoltaic PV farms in African country, each with 100MW of capacity. The sale is anticipated to ease the burden on ABOs 16member team, which is currently acting on a pipeline of wind and solar projects with a complete capacity of 4GW.SOLA Group has finalised a nonpublic power purchase contract PPA for two solar projects with Tronox. African country currently has the foremost renewable energy capacity installed of any country in Africa, with 2.1GW and 2.9GW of solar and wind capacity ABO wind sold the project rights to its Buffalo Plains wind farm in Alberta, Canada in July this year. Read More..

B2B Tech News | 3 years ago

Subak, a UKbased accelerator, has launched a £20 million fundraising campaign to support climatetech startups.

UKbased notforprofit climate accelerator Subak has announced the opening of the fundraising targeting £20 million to back startups. The new cash will

UKbased notforprofit climate accelerator Subak has announced the opening of the fundraising targeting £20 million to back startups. The new cash will enable the company to expand to a total of eight dataled climate centres across six continents by 2025. The funding will also aid Subaks development of a grant technology platform to democratise access to climate funding around the world. With two hubs established in the U.K. and Australia and a global Data Catalogue dubbed the Google of climate data in operation, the accelerator is projected to fund and scale hundreds of dataled climate organisations over the next five years.Subak is a UK accelerator founded in 2021 by Baroness Bryony Worthington, lead author of the UKs Climate Change Act. It gives a funding route to those not suited to equity funding, empowering climate startups to scale their critical missions without pressure to deliver profit. The growing community of dataled startups and researchers is supported by some of the best Read More..

B2B Tech News | 3 years ago

FTI International expands its Corporate Finance & Restructuring division to Japan.

FTI Consulting has launched its first practice in Japan, adding Corporate Finance & Restructuring to its local portfolio. The main objective will init

FTI Consulting has launched its first practice in Japan, adding Corporate Finance & Restructuring to its local portfolio. The main objective will initially be on business transformations and transaction related work, and gradually expand towards the other areas housed within the practice. Leading the new arm is Kenneth Smith, who brings over 35 years of management consulting transaction advisory experience across several industries to the role.Most recently, Ken Smith was the Americas Global Trade Leader at EY and Managing Partner of EYs Transaction Advisory practice in Japan. Earlier, he was a partner at Deloitte Consulting in Japan and leader of Capgemini Invent in Japan as well as holding other roles in industry. Read More..

B2B Tech News | 3 years ago

Databook on Latin America B2C Ecommerce Market Opportunities 2022 Billion Dollar Investments Sector in Motion

The market in Latin America is expected to grow by 18.87% on an annual basis to reach US$164.1 billion in 2022. Ecommerce giants are investing billion

The market in Latin America is expected to grow by 18.87% on an annual basis to reach US$164.1 billion in 2022. Ecommerce giants are investing billions of dollars in the country to further strengthen their positions. Brazil has witnessed significant growth in adopting digital payment services. Live sales streaming sessions have reached millions of consumers across the country, resulting in increased mobile commerce activities.Amid the growing ecommerce market and the fact that more shoppers are expected to enter the industry over the next few years, ecommerce giants are investing billions of dollars in the country to further strengthen their position in the Mexican ecommerce industry. Read More..

B2B Tech News | 3 years ago

Third vote sees Volkswagen Mexico employees approve 9% pay increase

Workers at Volkswagens main Mexican plant voted on a deal Monday for a 9% pay rise after rejecting the proposal twice last month. Volkswagen de Mexico

Workers at Volkswagens main Mexican plant voted on a deal Monday for a 9% pay rise after rejecting the proposal twice last month. Volkswagen de Mexico agreed last week to push back the proposed pay rise for another month to gain workers approval. The agreement between the company and the Independent Union of Automobile Workers SITIAVW at the Volkswagen plant in Puebla marks the highest wage increase for an automaker in Mexico in recent years. According to the union tally, around 63% of voters favored the final deal. Volkswagen de Mexico agreed to delay the proposed wage increase for another month to gain worker approval. The new rate will apply retrospectively to July 20 instead of August 18. Read More..

B2B Tech News | 3 years ago

Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

Get Latest News To Your Inbox, Subscribe To Our Newsletter.

By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.

Take a break, Play Suduko!

Refresh Your Facts

1. Global online sales are predicted to reach 22% of all retail sales in 2023.
10602

2. Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
8582

3. Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
8925

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.
9035

5. Approximately 8 billion gadgets connect on the internet every day.
12427

Sharpen your mind and memory!

Play Mind Game

Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.

Benchmark Reports

News Sites and Consultants