BUSINESS NEWS
South Korea is allocating $ 625 million to beat extraordinary inflation
The abolition of tariffs on some food imports and greater social assistance for lowincome workers are just two of the steps the administration outline
The abolition of tariffs on some food imports and greater social assistance for lowincome workers are just two of the steps the administration outlined to help lower peoples living expenses. According to Park SangHyun, an economist, at HI Investment & Securities, next week the central bank is expected to raise interest rates by 50 basis points. While President Yoon, who took office two months ago, battles declining support, inflation has primarily sprung from abroad in a nation that mainly imports food, oil, and industrial goods. B2B Tech News | 2 years ago
The Eastern European supply chain will be restructured to help delivery to Ukraine
Eastern European ports have identified alternative export routes for goods from Ukraine, which is at war with Russia. Romania recently reopened a Sovi
Eastern European ports have identified alternative export routes for goods from Ukraine, which is at war with Russia. Romania recently reopened a Sovietera railway linking Ukraine to the port of Galati on the Danube. The port of Giurgiulesti in Moldova also contributed to bringing grain and fuel to Ukraine. Since the beginning of the war, the port of Constanta has played an important role as a major hub for Ukrainian goods. To reduce congestion, Maersk has decided to open the Safiport terminal in Turkey. B2B Tech News | 2 years ago
International arrivals to South America set to rise from a horrendous 3.3 million in 2021 to 35.5 million by 2024
South America missed out on $49.2 billion* in tourism spending over the next two years due to the COVID19 pandemic. GlobalDatas latest report reveals
South America missed out on $49.2 billion* in tourism spending over the next two years due to the COVID19 pandemic. GlobalDatas latest report reveals international tourism will recover to 35.5 million visitors by 2024, with tourism expected to bring in $32.9 billion in the same year. The region has seen a sudden return of international visitors, and the country should return to just over the levels it reached in 2019 by 2024. B2B Tech News | 2 years ago
Samsung Electronics expects 2Q profits to increase by 11.4 percent.
Samsung Electronics expects operating profits in the 2nd quarter to rise 11.4%. The worlds biggest smartphone maker forecast secondquarter operating p
Samsung Electronics expects operating profits in the 2nd quarter to rise 11.4%. The worlds biggest smartphone maker forecast secondquarter operating profits of about 14 trillion won $10.7 billion, up from 12.6 trillion won in the same quarter last year. Samsung shipped 74.5 million smartphones in the first quarter, according to global research firm Counterpoint. Samsung Electronics has aggressively stepped up investment in its semiconductor business. Last week, the company became the worlds first chipmaker to massproduce advanced 3nanometer microchips. The new chips will be smaller, more powerful, and more efficient, and will be used in highperformance computing applications before being integrated into devices like mobile phones. B2B Tech News | 2 years ago
US safety inspectors are looking into a second fatal Tesla crash.
The National Highway Traffic Safety Administration NHTSA has opened an investigation into a fatal Tesla crash. They are expanding their evaluation of
The National Highway Traffic Safety Administration NHTSA has opened an investigation into a fatal Tesla crash. They are expanding their evaluation of Teslas Autopilot system to an engineering perspective. NHTSA currently has 45 open cases involving advanced driver assistance systems or automated driving involving Tesla vehicles. Of those, 36 involve Tesla vehicles, and 11 have resulted in fatalities. This is the latest in a long string of inquiries by the agency into crashes involving Tesla vehicles. The survey involved approximately 830,000 Tesla vehicles. B2B Tech News | 2 years ago
Potential Threat to Climate Progress from EU Natural Gas Decision
Investment in natural gas infrastructure will be considered green investments under certain conditions. It comes as Europe struggles to maintain a rel
Investment in natural gas infrastructure will be considered green investments under certain conditions. It comes as Europe struggles to maintain a reliable gas supply and high energy prices. Russia, which supplied about 40% of the EUs gas before it invaded Ukraine, could make even more draconian cuts. The European Union has a binding commitment to cut greenhouse gas emissions by at least 55% by 2030. Europe is looking to boost imports of LNG from countries such as the U.S., which has ramped up its exports to the continent. The process of making LNG is energyintensive and produces significant amounts of greenhouse gases. Huge leaks of methane, a gas with far more damaging climatewarming potential than carbon dioxide, occur along the natural gas supply chain. B2B Tech News | 2 years ago
The Japanese yen has increased its defense rates after news of Shinzo Abes dismissal
The Japanese yen increased by almost 5% against the US dollar. followed by the reporting of Shinzo Abes shooting as prime minister. Investors braced f
The Japanese yen increased by almost 5% against the US dollar. followed by the reporting of Shinzo Abes shooting as prime minister. Investors braced for a recession in Europe, pushing the euro to a 20year low as markets awaited U.S. jobs data. The Australian dollar barely recovered from a twoyear low. The New Zealand dollar increased by 0.3% to $0.6192 and appears to be headed for a stable week. The pound is expected to have its best week against the euro in more than two years B2B Tech News | 2 years ago
Targetspot expands to Latin America with high quality partnerships
Targetspot, a global company specializing in AdTech and digital audio monetization solutions, is entering the Latin American market. The company has a
Targetspot, a global company specializing in AdTech and digital audio monetization solutions, is entering the Latin American market. The company has announced partnerships with several toptier publishers, including Resso, Spanish Broadcasting System SBS, Univision, VIX, and Spreaker. SBS is one of the leading radio companies in the United States, and La Mega 97.9 FM in New York City is the #1 streamed station in America. B2B Tech News | 2 years agoGet The News to use newsletter to
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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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