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Musk get date for Twitters $44 billion lawsuit in October

In October, Twitters lawsuit to arrest Elon Musk for the $ 44 billion acquisition of the microblogging site will be tried. A Delaware judge said the

In October, Twitters lawsuit to arrest Elon Musk for the $ 44 billion acquisition of the microblogging site will be tried. A Delaware judge said the social media company deserved a quick resolution of the uncertainty over the deal. The ruling is a blow to Musk, who in February pushed for a lawsuit that his lawyer said would have allowed a full investigation into the correct number of spam accounts on the platform. Twitter needs a quick fix in its battle with Musk to mitigate uncertainty for its shareholders, employees and customers. The hearing offered a look at how both sides are going to cope with this messy process. Read More..

B2B Tech News | 2 years ago        

Mexicos local unicorns unlikely to go public, says Mexico Stock Exchange CEO

According to business advocacy group Endeavour, startups in Mexico contributed a record $3 billion in funding last year. Bolsa Mexicana de Valores SAB

According to business advocacy group Endeavour, startups in Mexico contributed a record $3 billion in funding last year. Bolsa Mexicana de Valores SAB de CVs CEO is Jose Oriol Bosch. Any of the Mexican unicorns playing here would have been a disaster. He made these remarks as the Mexican stock market struggles with a lack of fresh stock offerings. By launching a financial education program and opening a museum to commemorate the exchanges 100year history, the Mexico Stock Exchange hopes to increase demand from ordinary investors. Shares in the stock market have decreased 18% over the past year, although the benchmark indexs reduction was only 6.3%. Read More..

B2B Tech News | 2 years ago        

Canadian power sports company BRP acquired Great Wall Motor from Austria

The Canadian company behind CanAm and Rotax is Bombardier Recreational Products or BRP. When it comes to electrifying its vehicles, the company has so

The Canadian company behind CanAm and Rotax is Bombardier Recreational Products or BRP. When it comes to electrifying its vehicles, the company has some high ambitions. Following its acquisition of Great Wall Motor Austria GWMA for an undisclosed sum, BRP, in particular, hopes that by 2035, electric vehicles will account for 50% of all of its sales. Electrified motor and inverter specialists GWMA will continue to operate independently within the BRP organization. Read More..

B2B Tech News | 2 years ago        

India will cut taxes on excessive profits from fuel exports while global prices fall

India reduces windfall taxes on other fuels and removes a tax on gasoline exports less than three weeks after it implemented them. The actions will pr

India reduces windfall taxes on other fuels and removes a tax on gasoline exports less than three weeks after it implemented them. The actions will provide relief for the top two crude explorers in the country, Oil & Natural Gas Corp. and Reliance Industries Ltd. In recent weeks, Asias profits from processing gasoline and diesel have plummeted. Due to increased supplies, industry consultant FGE anticipates a further decline in margins this quarter. Read More..

B2B Tech News | 2 years ago        

The first gas project for the Australian network was launched in Sydney

Australia has started its first trial of generating biomethane from wastewater. The New South Wales NSW government announced on Tuesday the trial, whi

Australia has started its first trial of generating biomethane from wastewater. The New South Wales NSW government announced on Tuesday the trial, which began at Sydney Waters Malabar Wastewater Recovery Facility. It will supply gas to around 6,300 homes by the end of the year, with the capacity to double production by 2030. This fiveyear pilot project will bring gas directly into the supply network and will also help industries across NSW meet their net zero emissions targets. The first renewable gas products are due to be completed this year and will be supplied to Sydneys network soon after. Read More..

B2B Tech News | 2 years ago        

Shares of GE Shipping rose 11% to a 52week high

Shares of Great Eastern GE Shipping hit a 52week high of Rs 459.20 on the BSE in Tuesdays intraday trade. The trading volumes on the counter jumped ov

Shares of Great Eastern GE Shipping hit a 52week high of Rs 459.20 on the BSE in Tuesdays intraday trade. The trading volumes on the counter jumped over sixfold as 2.3 million equity shares changed hands. In the past six months, GE Shipping outperformed the market by surging nearly 43 percent on the rise in crude tanker freight rates. The RussiaUkraine conflict is likely to be a significant driver of the tanker market in the short term. Sanctions are likely to harm Russian exports by reducing volumes overseas. On the other hand, sanctions may boost tonmiles as Russian exports increasingly shift towards Asian countries. Read More..

B2B Tech News | 2 years ago        

The European Union has agreed to double gas imports from Azerbaijan

EU natural gas imports from Azerbaijan will reach at least 20 billion cubic meters per year by 2027. Azerbaijan will deliver 8.1 billion cubic meters

EU natural gas imports from Azerbaijan will reach at least 20 billion cubic meters per year by 2027. Azerbaijan will deliver 8.1 billion cubic meters of natural gas to the EU in 2021. Hungary is negotiating a longterm supply agreement with Russia to redirect all Russian gas to the Turkish Stream pipeline. According to Reuters, quoting Hungarian Foreign Minister Peter Szijjarto, Hungary is negotiating with Russia to redirect all Russian gas to the TurkStream pipeline under a longterm supply agreement. Read More..

B2B Tech News | 2 years ago        

M&M shares rose 2% after buying Sampo Rosenlew Oy. 76% growth in 4 months

Shares of Mahindra & Mahindra M&M rose nearly 2% in early Tuesday trading. A large car manufacturer has increased its stake in the Finnish combine har

Shares of Mahindra & Mahindra M&M rose nearly 2% in early Tuesday trading. A large car manufacturer has increased its stake in the Finnish combine harvester company Sampo Rosenlew Oy. M&M shares are trading close to their alltime high of 1,191.90 rupees. The shares of the Mumbaibased carmaker reached an alltime high on Monday. In June, the company reported that sales of passenger cars increased by 59% to 26,880 units. Total vehicle sales passenger and commercial vehicles this month were 54,096 units. 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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