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Reducing barriers to ESG reporting with technology

The International Sustainability Standards Board ISSB of the IFRS Foundation is continuously integrated. ESG reporting has evolved rapidly in a short

The International Sustainability Standards Board ISSB of the IFRS Foundation is continuously integrated. ESG reporting has evolved rapidly in a short period of time, and data quality has become an important focus. As with financial data, new standards are emerging. The International Sustainability Standards Board ISSB of the IFRS Foundation is continuously integrated. At the same time, various frameworks are emerging to differentiate between climate, natural and CO2 accounting. Read More..

B2B Tech News | 2 years ago        

Walmart revives South African business with acquisition of Massmart Private

The global retail conglomerate plans to buy all the shares it does not already own in Massmart for Rs 62 $3.65 each, a 53 percent premium to its last

The global retail conglomerate plans to buy all the shares it does not already own in Massmart for Rs 62 $3.65 each, a 53 percent premium to its last closing price. The look could help Walmart cut costs and invest in companies that own brands like Makro and Builders. The share price has increased by 45% since the public offering of 6.4 billion lei. Massmart also reported a firsthalf net loss of Rs1.1 billion, up from R1.09 billion a year earlier. Slapa also faces many challenges, from supply chain issues to catastrophic riots caused by epidemics. COO Molapo has held various leadership roles in South Africa and internationally, most recently as CEO of Astron Energy Ltd. A major retail experience is the development of a shopping center for a gas station. Read More..

B2B Tech News | 2 years ago        

Giza Systems implements intelligent transportation systems in the new administrative capital.

Giza Systems has been selected as the best technical/financial proposal for a tender for urban development in the administrative capital. The Intellig

Giza Systems has been selected as the best technical/financial proposal for a tender for urban development in the administrative capital. The Intelligent Transportation System ITS project aims to solve recurring problems and issues facing urban cities. The solution uses data generated by adaptive transportation technologies and big data to power dynamic transportation systems that respond to incidents and make predictions for safer and more efficient traffic management. Giza Systems has a unique experience, knowhow, and qualified technical base to implement critical infrastructure projects for the new administrative capital. Extensive experience and credentials in Egypt and the region have positioned the company as a digital transformation agent capable of managing smart city megaprojects. Ahmed ElShafaei, Sales Director, Government & Military Sector at Giza Systems, said We are truly honored to contribute to Egypts vision for this smart and sustainable future Read More..

B2B Tech News | 2 years ago        

Iberdrola to Commission 1,400 MW of New Solar Power

Iberdrola, a Spanish utility, has announced plans to increase solar power in Spain by 1,400 MW. Twelve photovoltaic projects being carried out by the

Iberdrola, a Spanish utility, has announced plans to increase solar power in Spain by 1,400 MW. Twelve photovoltaic projects being carried out by the company have a total installed capacity of 550 MW. Extremadura is home to half of these plants, including the 80 MW Almaraz I and II plants that will be connected to the grid this year. Up until June, Iberdrola increased its solar production in Spain by 125%. The company has 3,448 MW of installed capacity for this technology worldwide. This comprises both the biggest green hydrogen plant for industrial use in Europe and the biggest photovoltaic plant in Europe. Read More..

B2B Tech News | 2 years ago        

AvePoint opens a new $100 million SGD international research and development hub in Singapore.

AvePoint, the most advanced SaaS and data management platform provider, today announced its newly established $100 million SGD international R&D Hub i

AvePoint, the most advanced SaaS and data management platform provider, today announced its newly established $100 million SGD international R&D Hub in Singapore. AvePoints new investment supported by Digital Industry Singapore will also advance its IT and digital infrastructure as well as global trade connectivity. Minister for Trade and Industry Singapore, Mr. Gan Kim Yong, joined AvePoint to usher in a new commitment to innovation in APAC. AvePoint is expanding its presence in Singapore with the launch of a new R&D Hub. AvePoints new location will strengthen global cloud resilience for customers and ensure regional businesses are supported at the local level. As many organizations in APAC digitize and require SaaS solutions, AvePoint sees a critical need to expand its presence. Read More..

B2B Tech News | 2 years ago        

Total Energy transfers 49% of shares in the Russian Thermokarst gas field

TotalEnergies has agreed to sell its 49% stake in the Termokarstovoye gas and condensate field in Serbia, Russia, to its local joint venture partner N

TotalEnergies has agreed to sell its 49% stake in the Termokarstovoye gas and condensate field in Serbia, Russia, to its local joint venture partner Novatek. The sale of the companys operated oil and gas field, Terneftegas, is part of the deal. A holding company has been established by the German government to carry out a potential nationalization of Gazprom Germania. The sale of Terneftegas, which manages the Termokarstovoye oil and gas field, is part of the transaction. Securing Energy for Europe Holding GmbH SEEHG, the new holding company will be in charge of managing the investments made by Gazprom Germania. Read More..

B2B Tech News | 2 years ago        

Chinese tech selfreliance under Xi Jinping is becoming a reality

Xi Jinping visited a subsidiary of Yangtze Memory Technologies Company, a national semiconductor company based in Wuhan. He told the executives semico

Xi Jinping visited a subsidiary of Yangtze Memory Technologies Company, a national semiconductor company based in Wuhan. He told the executives semiconductors were as important for manufacturing as hearts for humans. A series of corruption investigations last month into the whos who of the countrys semiconductor industry suggest that Mr. Xi may not be getting what he expected. The chip industry is highly complex as well as interconnected. It depends on an integrated global supply chain as well as draws upon expertise from different regions. The comparative advantages of each region were built with decades of capital expenditure and research and development. Any government considering a push for selfreliance in semiconductors must face the harsh reality. Read More..

B2B Tech News | 2 years ago        

Romanias BittNet Group recorded a net loss in the first half of the year

For the first half of 2022, Romanian IT company Bittnet reported a net loss of 557,529 lei $114,390 or 114,402 euros. In the first half of the year, o

For the first half of 2022, Romanian IT company Bittnet reported a net loss of 557,529 lei $114,390 or 114,402 euros. In the first half of the year, operating profit increased by a factor of three on the year to 3.6 million lei. At 1024 CET on Monday, Bittnet shares were down 2.26% at 0.3030 lei per share. In 2007, the IT solutions and training group were established. Bittnet Group purchased IT&C integrators Toptech and 2Net in the first half of the year. 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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