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Lack of diesel fuel in winter in Europe

Northwest Europe is expected to start the winter with low levels of diesel powering much of its economy. Russia is the largest supplier of diesel and

Northwest Europe is expected to start the winter with low levels of diesel powering much of its economy. Russia is the largest supplier of diesel and related fuels in Europe. The supply of fuel to independent storage in the AmsterdamRotterdamAntwerp region is the lowest since 2008. Europe is short of diesel, and Russia is the largest thirdparty supplier in Europe. John Cooper, CEO of Fuels Europe, a division of the European Refinery Association, said there was a clear link between diesel and GDP because everything that goes in and out of a factory requires diesel. Read More..

B2B Tech News | 3 years ago        

Logicalis Australia Cisco uses stateoftheart workplace technology to handle Australian financial complaints

Logicalis Australia has secured a deal with the Australian Financial Complaints Authority to deploy a Ciscobased modern workplace solution. The nonpro

Logicalis Australia has secured a deal with the Australian Financial Complaints Authority to deploy a Ciscobased modern workplace solution. The nonprofit sought to revamp its workplace to drive collaboration, innovation, and productivity through the creation of a flexible and agile environment. It was formed after the merger of the Financial Ombudsman Service, the Credit, Investments Ombudsman, and the Superannuation Complaints Tribunal. Logicalis Australia has been chosen as the sole provider for a multimillion dollar project to modernize and upgrade AFCAs IT infrastructure. The Australian Football Association AFCA chose Logicalis because it is one of the leading Cisco partners in the country. AFCAs alignment to a modern workplace has been shown to have a positive impact on morale, productivity, and talent retention, creating clear business benefits. Read More..

B2B Tech News | 3 years ago        

Australias central bank has launched a digital currency plan

The Reserve Bank of Australia is launching a oneyear research programme into the case for a central bank digital currency CBDC in Australia. The proje

The Reserve Bank of Australia is launching a oneyear research programme into the case for a central bank digital currency CBDC in Australia. The project aims to identify innovative use cases and business models that can be supported by CBDC offerings. This includes the development of a limitedscale CBDC pilot project that operates in a closed environment. The Reserve Bank of Australia RBA is collaborating with governmentbacked industry group the Digital Finance Cooperative Research Center DFRCC on the project. For updates on hot topics at the intersection of technology, business and politics, subscribe to our technology newsletter Cash Today. Read More..

B2B Tech News | 3 years ago        

4% increase in European investment in technology in 2022

Up to $1.1 trillion more will be invested in technology in Europe in 2022 than is currently planned. IDC data indicates that this investment will incr

Up to $1.1 trillion more will be invested in technology in Europe in 2022 than is currently planned. IDC data indicates that this investment will increase over the ensuing years. Consumer goods, banking, and discrete manufacturing are the industries that will spend the most money on technology. Numerous obstacles, such as a talent gap and supply chain problems, face European businesses. In a lot of them, businesses are using automation to simplify processes and reduce issues. Many of these issues can be solved by technology, which is why businesses are turning to automation. Read More..

B2B Tech News | 3 years ago        

Egyptbased OneOrder offers $6.5 million in working capital

Egyptian technology company OneOrder has raised $6.5 million in working capital from Contact Factoring, a subsidiary of Contact Financial Holding. The

Egyptian technology company OneOrder has raised $6.5 million in working capital from Contact Factoring, a subsidiary of Contact Financial Holding. The company provides restaurants, cafes, and hotels with onestop grocery stores that provide logistics services through software. Founded in 2021, OneOrder will use these funds to build a digital environment that can support restaurant owners through online shopping, MAGNiTT reports. Read More..

B2B Tech News | 3 years ago        

AppLovin Makes a $17.5 Billion Offer to Purchase Video Game Software Developer Unity

AppLovin Corp on Tuesday made an offer to acquire Unity Software Inc in a stock deal for $17.54 billion. The company reported $297 million in quarterl

AppLovin Corp on Tuesday made an offer to acquire Unity Software Inc in a stock deal for $17.54 billion. The company reported $297 million in quarterly revenue on Tuesday, growing 9% yearoveryear, while its operating loss widened. It comes as game developers and console makers warn of a slowdown in the sector as decadeshigh inflation and easing of COVID19 restrictions lead gamers to pick outdoor activities. AppLovin is offering $58.85 per Unity share, representing an 18% premium to Unitys closing price on Monday. Unity announced last month that it would acquire IronSource in a $4.4 billion stock deal. Read More..

B2B Tech News | 3 years ago        

Asian stocks are ahead of US inflation

Asian stocks are ahead of Wall Street ahead of US inflation data. Traders worry that pressure will be felt on prices as the central bank becomes more

Asian stocks are ahead of Wall Street ahead of US inflation data. Traders worry that pressure will be felt on prices as the central bank becomes more aggressive in reducing interest rates. This year, the central bank has raised rates four times, including twice by 0.75 percent. Investors fear that efforts by the Federal Reserve and other central banks to reduce inflation could derail global economic growth. Chipmaker Micron has warned that earnings will be lower than forecasts, leading to a decline in chipmakers. Shares of the Norwegian Cruise Line fell 10.6 percent after disappointing results and a weak earnings forecast. Read More..

B2B Tech News | 3 years ago        

Global food inflation is easing, but food uncertainties are holding back the broader easing

Due to drought, flooding, and extreme heat, supplies are limited and prices are high. On Friday, the US Department of Agriculture is expected to lower

Due to drought, flooding, and extreme heat, supplies are limited and prices are high. On Friday, the US Department of Agriculture is expected to lower its forecast for the US crop this year. The intense heat in Europe may cause a 5% decrease in the grain harvest for the European Union. In 2021–2022, the production of corn and soybeans worldwide fell 45 million tonnes short of initial projections. US The countrys largest wintersown crop withered in March as temperatures soared to the highest ever for the month on record going back to 1901. For a second day on Wednesday, Chicago soybean futures prices increased above $17 per bushel. Following the invasion, Chicago soybean futures rose above $17 per bushel. On Wednesday, they advanced for a second day, gaining 0.2% to $14.3125. Read More..

B2B Tech News | 3 years ago        



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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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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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.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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