Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

BUSINESS NEWS

Kia is the leader of the Hungarian electric car market

According to a press conference held by the head of Kia Hungary on Thursday, South Koreanmade Kia led the market for electric vehicles in Hungary in t

According to a press conference held by the head of Kia Hungary on Thursday, South Koreanmade Kia led the market for electric vehicles in Hungary in the first half of the year, selling 321 vehicles for a 12.3% market share. By the end of August, 6,176 new Kias had been sold for the entire year, 8,500 are the companys goals. Nagy cautions that the total number of new passenger car registrations for the following year may only account for 70% of the 115,000 anticipated sales for 2022. According to Norbert Nagy, the percentage of electric vehicles EVs in Kia Hungarys sales is increasing and made up 13% of the total last year. Read More..

B2B Tech News | 2 years ago        

Sensex, Nifty to start higher shares of Dr. Reddys, HDFC Bank, Lupin, IOC, Syrma SGS Technology, and

BSE Sensex and NSE Nifty are set to start higher on Friday following strong cues from Asia and a positive outcome on Wall Street. Investors around the

BSE Sensex and NSE Nifty are set to start higher on Friday following strong cues from Asia and a positive outcome on Wall Street. Investors around the world eagerly awaited guidance on raising interest rates from US Federal Reserve Chairman Jerome Powell at a meeting of central bankers in Jackson Hole. Domestically, SGX Nifty trends show a positive start for domestic equity markets. On the other hand, Maruti Suzuki India, State Bank of India, Dr. Reddys Laboratories, Kotak Mahindra Bank and Titan Corporation posted strong earnings. With Adani Group likely to make an open offer for Indian listed company Holcim, the focus will be on shares of the cement major. Read More..

B2B Tech News | 2 years ago        

Platform for asset tokenization Koibanx raises $22 million in a financing round

Argentinabased asset tokenization platform Koibanx has raised $22 million in its first investment round. Fintech allows financial institutions to toke

Argentinabased asset tokenization platform Koibanx has raised $22 million in its first investment round. Fintech allows financial institutions to tokenize assets, bring them to the blockchain, defragment them, use them as a means of payment and exchange them with each other and cryptocurrencies. Koibanx was founded 7 years ago and is located in Mexico, Colombia, El Salvador, Argentina, and Uruguay. The company has already built partnerships with over 10 banks, 15 financial institutions, and 4 governments. For example, Koibanx is helping the Nigerian government implement a wallet through a massive tokenization program that could become one of the largest crypto projects in the world. Read More..

B2B Tech News | 2 years ago        

Asian shares increase by 0.4% on the back of a potential audit deal for Chinese tech

Asian shares rose on Friday, buoyed by news of possible progress for China as well as the United States to hammer out an audit deal. The Wall Street J

Asian shares rose on Friday, buoyed by news of possible progress for China as well as the United States to hammer out an audit deal. The Wall Street Journal reported that Washington and Beijing are nearing an agreement that allows American accounting regulators to inspect audit records of Chinese companies. Traders anxiously awaited a speech from Federal Reserve Chair Jerome Powell on the ratehike path later in the day. Interest rate futures now imply a 60% chance of a 75 bp Fed hike in September. 10year Treasury notes were up slightly to 3.0425%, compared with their U.S. close of 3.024% the previous day Comm commodityexposed Australian and New Zealand dollars fell 0.4% versus the greenback after a strong rebound on Thursday. Oil prices recovered some ground on Friday after slumping by about $2 a barrel in the last session. Read More..

B2B Tech News | 2 years ago        

Londonbased Muse raises $20 million to support small businesses

At a time when small business lending is unprecedented in the UK, Londonbased small business financial services platform Muse Finance has raised $20 m

At a time when small business lending is unprecedented in the UK, Londonbased small business financial services platform Muse Finance has raised $20 million in debt settlement. The new influx of capital brought the companys total raised to $96 million. The debt loan comes ahead of a Series A round scheduled for early 2023. This investment will accelerate the startups expansion, support UK customers and launch in the US. The platform is used by 5,000 UK customers to fund over 36,000 invoices. The company previously raised £64 million from RiverRock and Prime 5 Finance Limited Read More..

B2B Tech News | 2 years ago        

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        



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.
   8664   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   7174   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   7527   

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.
   7632   

5.  Approximately 8 billion gadgets connect on the internet every day.
   8801   



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.