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Despite recession fears, Euronext has high confidence in European technology companies

Stefan Bujna says he is very confident in the future of the European technology company. PanEuropean stock exchange Euronext launched a new technology

Stefan Bujna says he is very confident in the future of the European technology company. PanEuropean stock exchange Euronext launched a new technology initiative called Tech Leaders in June. It aims to help companies in this sector gain more visibility among asset managers and other investors. Europe has powerful research, academia, leading companies, and businesses, says Bujna. He said Europes structural weakness is that the European market is more fragmented than the US. Europe is enormous and has many key markets in which European companies can compete globally. Read More..

B2B Tech News | 2 years ago        

Singapores GIC Technical Decline, Crypto Finance Good Thing

As a result of the global slowdown in startup funding, investors will be able to find more promising businesses. In contrast, during the time of easy

As a result of the global slowdown in startup funding, investors will be able to find more promising businesses. In contrast, during the time of easy money, many industries were overcrowded. Singapores GIC sovereign wealth fund reported a 4.2 percent annualised 20year real rate of return for the fiscal year ending in March.GIC has been expanding its involvement in startup venture capital. The fund established a specialised investment group with a focus on tech companies in 2017. Due to uncertainties regarding the markets future course, GIC will continue to take a cautious approach generally. It will strengthen its commitment to its core investment tenets. Read More..

B2B Tech News | 2 years ago        

Algeria announced three discoveries all containing gas

Algerian state oil company Sonatrach has made a trio of gas, oil, and condensate discoveries across three separate basins. The European Union is incre

Algerian state oil company Sonatrach has made a trio of gas, oil, and condensate discoveries across three separate basins. The European Union is increasingly looking to Algeria to offset Russian piped gas supplies, so these fresh finds will be welcomed in Algiers and Brussels. Sonatrach and partner Eni have made three gas and condensate discoveries in Morocco, opening up what appears to be a new gas play in the Illizi basin. The operators said they achieved interesting gas production while testing reservoirs in the Lower Devonian reservoir. In Ekker Sud West1 and Rhourde Oulad Djemaa Ouest1 probes hit oil and associated gas in the Sif Fatima 2 license. Read More..

B2B Tech News | 2 years ago        

Small farms in Egypt are very important, but they face many challenges

Despite their crucial role in providing food for the North African nations 103 million people, smallholders are frequently selling their harvests at a

Despite their crucial role in providing food for the North African nations 103 million people, smallholders are frequently selling their harvests at a loss. According to the United Nations, small farms are the primary producers of food for domestic consumption in Egypt. They produce some 47% of Egypts field crops, the FAO calculates. By June, farmers had provided more than 3.5 million tonnes of wheat, over half the domestic supply goal for August, and equal to the total amount supplied in 2021. When things got tough, it went back to compulsory delivery, but this time without the services that came with it, said by Agriculture Minister Abdelhamid Nour. Read More..

B2B Tech News | 2 years ago        

Alibaba is scaling back its global expansion plan to compete with Amazon

Three years ago, Alibaba launched a B2B ecommerce site in the US. The project was also affected by dozens of employees leaving the New York office. Th

Three years ago, Alibaba launched a B2B ecommerce site in the US. The project was also affected by dozens of employees leaving the New York office. The company has now scaled back its goal of hiring 1 million small businesses in the United States to 2,000 a year. According to sources, at least 35 Alibaba.com employees in New York have left the company in the past year. This includes intimidation from upper management and complaints about long working hours. Many roles will not be replaced by platforms quietly exiting the US market. Read More..

B2B Tech News | 2 years ago        

S&P releases risk rating for Australias mortgage insurance sector

S&P Global Ratings has changed its assessment of the Australian mortgage insurance sectors insurance industry and country risk assessment IICRA from i

S&P Global Ratings has changed its assessment of the Australian mortgage insurance sectors insurance industry and country risk assessment IICRA from intermediate to low, as well as from negative to stable. The latest IICRA showed that the risks associated with the slowdown caused by the COVID19 pandemic have decreased for Australian mortgage insurers. It also found that a significant increase in the volume of new home loans resulted in strong underwriting performance across the sector. S&P has upgraded its assessment of the Australian mortgage insurers industry risk to moderately low from severely high, citing low unemployment and solid house price appreciation over the past two years. The move follows S&Ps upgrade of Australias property and casualty P&C insurance sector, which it rates as stable. Read More..

B2B Tech News | 2 years ago        

The growth of tourism in Greece is prompting hotel investors to rethink their investment plans

Despite the pandemic, uncertainty and war in Ukraine, hotel investment flows remain strong. There are already new hotels in Omonia, Syntagma, and Kolo

Despite the pandemic, uncertainty and war in Ukraine, hotel investment flows remain strong. There are already new hotels in Omonia, Syntagma, and Kolonaki. As a sign, the only fivestar aesthetic was designed for the southern part of Athens. Greeces tourism industry wants to beat its 2019 numbers, but interest rates are rising. The rise in the value of money puts pressure on the disposable income of Europeans. Experts say businesses that offer affordable lodging services are more resilient to recessions. Read More..

B2B Tech News | 2 years ago        

South Koreas economy has exceeded growth forecasts

The Korean economy grew 0.7 percent between April and June, up from 0.6 percent in the previous quarter.The biggest surprise was definitely the strong

The Korean economy grew 0.7 percent between April and June, up from 0.6 percent in the previous quarter.The biggest surprise was definitely the strongerthanexpected consumption, CEO Kang said.Mainly because of the reopening,he said. And we expect consumer purchasing power to weaken going forward as fasterthanexpected interest rate increases put significant pressure on debt repayment and consumer spending, and inflation is expected to accelerate this quarter.The war in Ukraine. The easing of social distancing measures has drastically reduced exports and business investment. 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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