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Wall Street occupies more than 3 % of the U.S. Treasury

In the broad selloff, the S&P 500 lost more than 1%, snapping a twoday winning streak. Shares of Intel Corp fell 5.3 % after Citi cut its estimates on

In the broad selloff, the S&P 500 lost more than 1%, snapping a twoday winning streak. Shares of Intel Corp fell 5.3 % after Citi cut its estimates on the chipmaker for the second time in a week, making it one of the biggest drags on the market. The Dow Jones transportation average dropped 3.8 % on the day, underperforming the other major indices. Three new 52week highs and 29 new lows were recorded by the S&P 500, while the Nasdaq Composite saw 36 new highs and 70 new lows. On U.S. exchanges, volume was 10.62 billion shares, compared to a daily average of 12.26 billion shares over the previous 20 trading days. Read More..

B2B Tech News | 2 years ago        

St. Lucia is delayed with sugar exports

Due to adverse weather conditions in the source markets, sugar shipments have been severely impacted. Due to port congestion and rising demand, 20foot

Due to adverse weather conditions in the source markets, sugar shipments have been severely impacted. Due to port congestion and rising demand, 20foot containers are becoming increasingly difficult to come by. On June 15th, brown sugar will be available at the Government Supply Warehouse, and an update on the regular supply of refined white sugar will be provided as soon as possible. Read More..

B2B Tech News | 2 years ago        

New sanctions on Russian oil, gas and chemical industries has been imposed by Canada

Melanie Joly, Canadas Foreign Affairs Minister, has announced new sanctions against Russias oil, gas, and chemical industries. Export prohibitions on

Melanie Joly, Canadas Foreign Affairs Minister, has announced new sanctions against Russias oil, gas, and chemical industries. Export prohibitions on 28 services critical to the oil industrys operation, including technical, management, accounting, and advertising services. According to Minister, industry accounts for roughly half of Russias federal budget revenues. Read More..

B2B Tech News | 2 years ago        

Alphabets Waymo, Uber Freight in deal for future selfdriving truck

Waymo via, the selfdriving transport unit of Alphabet INC, and Uber Technology Incs Freight have signed a semipermanent strategic partnership. The bus

Waymo via, the selfdriving transport unit of Alphabet INC, and Uber Technology Incs Freight have signed a semipermanent strategic partnership. The businesses failed to share a timeline for once their partnership may well be utilized by paying customers, and Waymo and Uber Freight declined to disclose monetary details of the agreement Read More..

B2B Tech News | 2 years ago        

Nike says to end run club app in China to provide localised resolution

The Nike Run Club app, which allows users to track their runs and challenge friends to compete, has more than 8 million users in China, the companys m

The Nike Run Club app, which allows users to track their runs and challenge friends to compete, has more than 8 million users in China, the companys most profitable market. Nike did not give a reason for the decision but a company spokesperson told Reuters that it plans to provide Chinese runners with a localised solution in the future. It has more than 8 million users in China, the companys most profitable market Read More..

B2B Tech News | 2 years ago        

The Reserve Bank of India has issued steps for cooperative banks to improve credit flow to the housing sector.

The RBI has announced that the cooperative banks will be able to lend more for individual home loans. This will ensure better credit flow in the resid

The RBI has announced that the cooperative banks will be able to lend more for individual home loans. This will ensure better credit flow in the residential housing sector. The governor said that the move comes in the wake of rising residential housing prices. Rural cooperative banks can also extend financing to commercial real estateresidential housing projects. Read More..

B2B Tech News | 2 years ago        

Bain Capital has raised $2 billion for a special situations fund in Asia.

Bain Capital has raised a $2 billion for its second AsiaPacific special situations fund. The Bostonbased private equity firm is likely to deploy betwe

Bain Capital has raised a $2 billion for its second AsiaPacific special situations fund. The Bostonbased private equity firm is likely to deploy between $300400 million in India. Bain Capital has invested close to $4 billion in India across 12 private equity transactions and the largest was its $1 billion bet in Axis Bank NSE. India is an integral part of Bain Capitals Asia strategy and is expect to allocate a healthy portion of our special situations funds to India. Read More..

B2B Tech News | 2 years ago        

India is the first country in the world to have a Puma shopping app.

German attire complete Puma has launched its looking app in India, the primary market globally wherever itll sell merchandise through its own app. Wit

German attire complete Puma has launched its looking app in India, the primary market globally wherever itll sell merchandise through its own app. With the launch of the Puma app, well supply our shoppers a quicker, seamless and convenient digital looking expertise, said Abhishek Ganguly, decision maker, Puma, India. 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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