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The US implements a ban on new Russian gold imports and announces new sanctions against Russia.

The US Treasury announced sanctions against 70 companies, including stateowned Rostec. Designated Russian military units for human rights abuses in Uk

The US Treasury announced sanctions against 70 companies, including stateowned Rostec. Designated Russian military units for human rights abuses in Ukraine and implemented a ban on new imports of Russian gold. Rachel Rizzo, a senior fellow at the Atlantic Councils Europe Center, said the sanctions will have an impact in the long term. The State Department is imposing sanctions on 45 entities and 29 individuals, as well as moving to impose visa restrictions on 511 Russian military officers. Among the sanctions are 19 members of the board of Rostec and Halyna Danylchenko, the illegitimate mayor installed by Russia in Melitopol. The State Department also sanctions Uzbekistanbased Promcomplektlogistic Private Company for doing business with a sanctioned Russian entity. Read More..

B2B Tech News | 3 years ago        

Kenya and SA provide insights into the challenges and alternatives of the digital economy

The real threat of a severe global economic downturn is being highlighted by the World Bank. Despite difficulties, many believe that Africas longterm

The real threat of a severe global economic downturn is being highlighted by the World Bank. Despite difficulties, many believe that Africas longterm growth will be significantly influenced by the digital economy. But there have been a variety of results from efforts to promote the digital industry in subSaharan Africa. The potential of the digital economy has always had two sides. Realizing local potential is frequently hampered by global success models, such as conforming to international standards. This has implications for the subSaharan African digital startup scene of today. Read More..

B2B Tech News | 3 years ago        

Due to difficulties with fundraising, Volt, Australias First OnlineOnly Bank, closes

Volt Bank is the first exclusively online bank to gain an Australian banking license. The company had A$113 million $78 million in deposits and A$80 m

Volt Bank is the first exclusively online bank to gain an Australian banking license. The company had A$113 million $78 million in deposits and A$80 million of home loans as of April. Rising inflation and interest rates made it harder for online banks to compete with established lenders. It is the third of four prominent Australian banks to fold or be sold in the space of a year. Private Only Judo remains a selfemployed activity. The Australian prudential regulator said in a separate statement that it will closely monitor the process to ensure funds are returned to Volts depositors. Read More..

B2B Tech News | 3 years ago        

Alexis Glick is appointed CEO of Nature Energys North American division

Alexis Glick is a seasoned finance executive and environmental, social, and governance ESG thought leader. She will lead Nature Energys expansion into

Alexis Glick is a seasoned finance executive and environmental, social, and governance ESG thought leader. She will lead Nature Energys expansion into North America with a worldclass team of engineers, scientists, and biogas leaders. Glick most recently served as CEO of GENYOUTH, where she built and led the largest publicprivate partnership in support of the health and wellbeing of 40 million American students. Before that, she was the first woman to run a bulge bracket investment banking business during her tenure at Morgan Stanley. She will lead the companys North American expansion while educating policymakers, farmers, and customers on the benefits of biomethane. Nature Energy has made some important. Read More..

B2B Tech News | 3 years ago        

Albanian Scott Morrison is not and thats a big plus, Malcolm Turnbull told French media

Malcolm Turnbull says Anthony Albanese will have an easier time with the French because he is not Scott Morrison, Australias new prime minister, who c

Malcolm Turnbull says Anthony Albanese will have an easier time with the French because he is not Scott Morrison, Australias new prime minister, who cancelled a A$90bn £48bn submarine deal with France last year. The Australian Labor government remains committed to acquiring nuclearpowered submarines under the Aukus agreement with the US and the UK. Morrison has repeatedly defended his handling of the projects cancellation, saying he was acting in Australias national interest. But Turnbull reiterated his view on Monday. Read More..

B2B Tech News | 3 years ago        

Sharebite secures $39 million for a platform for corporate clients to order food and receive benefits

Sharebite has reportedly closed a $39 million Series B financing round to expand its footprint and launch products that serve the evolving needs of mo

Sharebite has reportedly closed a $39 million Series B financing round to expand its footprint and launch products that serve the evolving needs of modern workplaces. The platform aims to help businesses centralize and simplify meal ordering and expense management for employees working in offices and remotely. Each transaction supports a food donation to foodinsecure families through Sharebites nonprofit partners, including City Harvest and Feeding America. Sharebite, a New Yorkbased fintech company, has raised $3.5 million in Series B funding to accelerate its market share within the highly profitable corporate segment. During the COVID19 lockdown, Sharebite supported local restaurants by forgoing all fees and tripling its donations to New York Citys largest food rescue organization, City Harvest. Read More..

B2B Tech News | 3 years ago        

Mapan receives $ 15 million from global and Indonesian Series A investors to improve Indonesians ’access to finance

Mapan, a leading startup company from Indonesia, has completed a successful round of Series A of $ 15 million. The round was organized by Indonesian g

Mapan, a leading startup company from Indonesia, has completed a successful round of Series A of $ 15 million. The round was organized by Indonesian giants BRI Ventures, SMDV, Blibli, Prasetia Dwidharma, and global companies Flourish Ventures and 500 Global, as well as Padmar Capital and PT Astra Digital International. Mapan now plans to improve its core services in Arisan by expanding its product range and working with better suppliers. The company will also launch other products to improve capital collection and improve public access to finance. Mapan was created to improve the quality of life of people in Indonesia through solutions that help overcome barriers to funding for poor communities. Read More..

B2B Tech News | 3 years ago        

Vedanta Resources urges Zambia to stop looking for a new KCM investor

In May 2019, the former government of Zambia placed KCM under the control of a liquidator, resulting in a legal dispute with Vedanta Resources. Vedant

In May 2019, the former government of Zambia placed KCM under the control of a liquidator, resulting in a legal dispute with Vedanta Resources. Vedanta was charged by the government with violating the terms of its licence, including the investment commitments it made. Vedanta has consistently denied violating the licenses terms. It has offered to increase its investment in KCM in exchange for regaining control of the company. On June 7, Celine Nair, the provisional liquidator for KCM, announced that the company would hire a consultant to help it find an equity investor willing to finance the mines expansion. 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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