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Korea and Russia sign a $2.25 billion contract with the nuclear company

The state nuclear companies of South Korea and Russia have signed a 3 trillion won contract to supply parts for Egypts first nuclear power plant. ASEs

The state nuclear companies of South Korea and Russia have signed a 3 trillion won contract to supply parts for Egypts first nuclear power plant. ASEs contract with stateowned Korea Hydro & Nuclear Power calls for South Korea to provide construction work and turbinerelated equipment for a power plant under construction in Dabaa, about 130 kilometers northwest of Cairo on the Mediterranean coast. ASE is owned as a subsidiary of the Russian state nuclear power company Rosatom. The talks are being delayed due to unexpected factors such as Russias war in Ukraine and USled sanctions against Moscow, said Yoon Seokyeol, a senior adviser to the presidents office. Read More..

B2B Tech News | 3 years ago        

Australian shoppers are turning to cheaper goods amid decades of high inflation

Australia continues to experience multidecade high inflation, and the biggest supermarkets in the country have started to notice that consumers are tu

Australia continues to experience multidecade high inflation, and the biggest supermarkets in the country have started to notice that consumers are turning to less expensive goods. Woolworths CEO Brad Banducci says Australian consumers are beginning to shift their spending toward less expensive goods. Indicating that food prices are rising faster than the headline inflation rate, the average price of food increased by 3.6% over the three months ending in June. The Australian Bureau of Statistics reported the highest inflation rate since the early 2000s, at 6.1%, for the year ending in June. Coles, Coles main rival, presented similar findings in their yearend results. To keep customers interested, supermarkets have implemented a price freeze on basic items. Read More..

B2B Tech News | 3 years ago        

Macron issues a end of abundance warning as France experiences a challenging winter

Emmanuel Macron warned the French they are facing sacrifices and what he called the end of abundance at his governments first cabinet meeting after th

Emmanuel Macron warned the French they are facing sacrifices and what he called the end of abundance at his governments first cabinet meeting after the summer holidays. He said the country was at a tipping point and faced a difficult winter and a new era of instability caused by climate change and Russias invasion of Ukraine. His somber speech was criticized as illjudged and a snub to the countrys outofwork and poor who had already made sacrifices. Read More..

B2B Tech News | 3 years ago        

Subsbase Egypt raises $2.4 million for its subscription and recurring revenue management platform

Seed funding for SubsBase totaled $2.4 million and was provided by the venture capital firm Global Ventures. With the collection, operational, analyti

Seed funding for SubsBase totaled $2.4 million and was provided by the venture capital firm Global Ventures. With the collection, operational, analytics, invoicing, and billing tools provided by the cloudbased platform, subscriptionand recurring revenuebased businesses can manage their customers effectively. Since its launch more than a year ago, SubsBase has experienced monthly growth of 200%. Currently, SubsBase faces little to no competition in the area. The business uses a subscriptionbased business model and offers three distinct plans with set prices. Read More..

B2B Tech News | 3 years ago        

How to boost local pharmaceutical industry

In an interview with journalists, Matthew Azoji, the managing director of Neimeth Pharmaceutical Plc, discussed how government regulations impact the

In an interview with journalists, Matthew Azoji, the managing director of Neimeth Pharmaceutical Plc, discussed how government regulations impact the pharmaceutical industry. Azoji claimed that local businesses complain about unwelcoming government regulations. Some foreign manufacturers, according to him, operate in regions with low production costs. The government became aware of the Pharmaceutical Manufacturers Group of Nigerias PMGMAN pleas for a fund to increase sector capacity as a result of the COVID19 pandemic. The government provided N100 billion in lowinterest loans for capacity expansion through the Central Bank of Nigeria. Read More..

B2B Tech News | 3 years ago        

Sunrun, a leader in residential solar in the US, acquired Moixa for its new smart home division with SK

Moixa has been acquired by a new home electrification business backed by Sunrun, one of the biggest residential installers of solar in the US. Sunrun

Moixa has been acquired by a new home electrification business backed by Sunrun, one of the biggest residential installers of solar in the US. Sunrun is an investor, along with South Koreas SK Group in Lunar Energy, which aims to offer homeowners a suite of smart electrification and low carbon distributed energy resource DER technologies. Japanese conglomerate ITOCHU has also become an investor in Lunar Energy. Lunar Energy has raised US$300 million funding since August 2020 and is now emerging from stealth mode, Sunrun said today. Moixa, developer of an innovative virtual power plant VPP software, will now play a central role in the development of Lunar Energys GridShare product. GridShare software integrates data from a household with that from the wider environment to optimize energy storage and EV charging. Read More..

B2B Tech News | 3 years ago        

Google claims to have pulled more than 2,000 personal loan apps from the Play Store in India this year

At a time when the regional central bank is increasingly cracking down on predatory tactics, Google claims to have removed more than 2,000 personal lo

At a time when the regional central bank is increasingly cracking down on predatory tactics, Google claims to have removed more than 2,000 personal loan apps from its Play Store in India and is trying to amend its policy. Google and numerous other businesses have hastened to stifle predatory loan applications in India that have been discovered to in some cases charge users outrageous fees and go beyond acceptable boundaries in their collection operations. Early last year, the Android manufacturer pulled hundreds of personal loan apps from India and mandated that loan apps give borrowers at least 60 days to pay back the loan. In recent months, the Reserve Bank of India has taken a number of actions to combat improper conduct. Read More..

B2B Tech News | 3 years ago        

Nigeria and India are partners in expanding trade and investment

Nigeria and India have launched the NigeriaIndia Business Council NIBC. NIBC aims to expand trade and investment between the two countries. Vice Presi

Nigeria and India have launched the NigeriaIndia Business Council NIBC. NIBC aims to expand trade and investment between the two countries. Vice President Yemi Osinbajo said the NIBC will lead to mutually beneficial economic exchanges. Indian Foreign Minister Shri V. According to Muralidharan, Nigeria has always been a lucrative investment destination for Indian companies. He noted that bilateral trade between the two countries in 20212022 reached $14.95 billion, a significant increase over the previous year. Read More..

B2B Tech News | 3 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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