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The European Union has agreed to double gas imports from Azerbaijan

EU natural gas imports from Azerbaijan will reach at least 20 billion cubic meters per year by 2027. Azerbaijan will deliver 8.1 billion cubic meters

EU natural gas imports from Azerbaijan will reach at least 20 billion cubic meters per year by 2027. Azerbaijan will deliver 8.1 billion cubic meters of natural gas to the EU in 2021. Hungary is negotiating a longterm supply agreement with Russia to redirect all Russian gas to the Turkish Stream pipeline. According to Reuters, quoting Hungarian Foreign Minister Peter Szijjarto, Hungary is negotiating with Russia to redirect all Russian gas to the TurkStream pipeline under a longterm supply agreement. Read More..

B2B Tech News | 2 years ago        

M&M shares rose 2% after buying Sampo Rosenlew Oy. 76% growth in 4 months

Shares of Mahindra & Mahindra M&M rose nearly 2% in early Tuesday trading. A large car manufacturer has increased its stake in the Finnish combine har

Shares of Mahindra & Mahindra M&M rose nearly 2% in early Tuesday trading. A large car manufacturer has increased its stake in the Finnish combine harvester company Sampo Rosenlew Oy. M&M shares are trading close to their alltime high of 1,191.90 rupees. The shares of the Mumbaibased carmaker reached an alltime high on Monday. In June, the company reported that sales of passenger cars increased by 59% to 26,880 units. Total vehicle sales passenger and commercial vehicles this month were 54,096 units. Read More..

B2B Tech News | 2 years ago        

The International Monetary Fund has given Tanzania a $ 1 billion loan

The International Monetary Fund IMF announced on Monday that it has provided $ 1.046 billion in loans over 40 months to help Tanzania overcome the eff

The International Monetary Fund IMF announced on Monday that it has provided $ 1.046 billion in loans over 40 months to help Tanzania overcome the effects of the war in Ukraine. Tanzania will receive the equivalent of $ 151.7 million. African countries need help to implement reforms and unlock their economic potential. The war in Ukraine has raised food and fuel prices worldwide. 85% of grain consumption in subSaharan Africa is imported. Read More..

B2B Tech News | 2 years ago        

Bidens energy consultant predicted a fall in gas prices

US President Joe Bidens energy advisor predicts gas prices could fall to $4 per gallon in the US. Sales of crude oil began some time ago when OPEC fai

US President Joe Bidens energy advisor predicts gas prices could fall to $4 per gallon in the US. Sales of crude oil began some time ago when OPEC failed to reach an agreement with its Russialed allies to cut off oil production. That, in turn, caused Saudi Arabia to slash its oil prices as it reportedly looks to ramp up production. On Sunday, the average price of a gallon of regular gasoline in the United States was around $4.53, according to the AAA American Automobile Association. Hochstein said he expects the price to drop further to around $4 a gallon. Premium lead touched record highs of $6 per gallon in recent weeks in all retail outlets From Shell to Exxon, Lukoil, and BP. Read More..

B2B Tech News | 2 years ago        

Concentrated Energy + Power supports Puerto Ricos renewable energy goals through solar power generation

Convergent Energy + Power has entered into a power purchase and operating agreement with the Puerto Rico Electric Power Authority PrePA for a 100 MW s

Convergent Energy + Power has entered into a power purchase and operating agreement with the Puerto Rico Electric Power Authority PrePA for a 100 MW solar generation project paired with a 55 MW battery. The Solar Plus storage system will be owned and operated by Convergents Puerto Rico subsidiary, Convergent Coamo. The system is currently expected to be operational in 2024 and is part of a larger plan to accelerate Puerto Ricos strategic energy transition. The island has responded to these challenges by setting an ambitious goal of achieving 40% renewable energy by 2025 and 100% renewable energy by 2050, relying on its most abundant resources solar and wind. Read More..

B2B Tech News | 2 years ago        

Russia demands oil payments from India in dirhams

Russian oil giant Rosneft supplies its crude oil through commercial companies such as Everest Energy and Coral Energy. India is now the second largest

Russian oil giant Rosneft supplies its crude oil through commercial companies such as Everest Energy and Coral Energy. India is now the second largest buyer of oil after China. Western sanctions have led many oil importers in Moscow to lower the spot price of Russian crude oil. Russia wants to use more nonwestern currencies to trade with countries like India. Moscow can buy foreign currency from friendly countries and can use those reserves to influence exchange rates. Due to western sanctions, Dubai has become a haven for Russias wealth. Read More..

B2B Tech News | 2 years ago        

Australias tech workforce grew by 8% in 2021

According to ACS Australias Digital Pulse 2022, Australias tech workforce grew by 8% in 2021. By 2027, Australia will need over 1.2 million IT profess

According to ACS Australias Digital Pulse 2022, Australias tech workforce grew by 8% in 2021. By 2027, Australia will need over 1.2 million IT professionals to meet the technology needs from the country. This would correspond to an average annual growth rate of 5.5%. In light of the upcoming Federal Government Jobs and Skills Summit, Digital Pulse is advocating for the advancement of technology education at the school, vocational, and tertiary levels. Report coauthor John OMahony, a partner at Deloitte Access Economics, said the report has since revealed that tech remains a lucrative career choice. Read More..

B2B Tech News | 2 years ago        

Stori raised $ 150 million and became Mexicos new unicorn

The latest CSeries financing from Stori comes nine months after the collection of one of the largest C series in Latin America. With over 1.4 million

The latest CSeries financing from Stori comes nine months after the collection of one of the largest C series in Latin America. With over 1.4 million customers in Mexico, Stori offers every customer the opportunity to issue a credit card and create a credit history. Stori joined a small number of Mexican startups that have obtained unicorn status. Proceeds from this latest round of funding will be used to invest in team growth. The company plans to expand its geographic coverage in Latin America and reach 100 million unserved consumers. 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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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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