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Asian stocks are falling as a result of Wall Streets inflationary retreat.

Major regional markets dropped 2% and above in early trading Monday, while US futures slipped more than 1%. On Friday, the S&P 500 sank 2.9%, locking

Major regional markets dropped 2% and above in early trading Monday, while US futures slipped more than 1%. On Friday, the S&P 500 sank 2.9%, locking in its ninth losing week in the last 10. Investors took Fridays report to advise the Federal Reserve will persist in raising interest rates and making other moves to slow the economy. On Friday, the S&P 500 shed 117 points to 3,900.86, and tumbling bond prices sent treasury yields to their highest levels in past few years. The growing expectation is for the Fed to uplift its key shortterm interest rate by half a percentage point at each of its next three meetings. Since higher interest rates make borrowing more expensive, dragging on spending and investments by households as well as companies, there also is a risk the Fed could push the US economy into a recession. Read More..

B2B Tech News | 3 years ago        

Through the European Innovation Council, the EU has set aside €20 million in support for Ukrainian startups.

The European Commission has launched associate formidable €20 million actions to support the Ukrainian innovation community. A targeted modification

The European Commission has launched associate formidable €20 million actions to support the Ukrainian innovation community. A targeted modification of the 2022 European Innovation Council EIC work program can support a minimum of two hundred Ukrainian deep technical school startups with up to €60,000 each. Additionally, the EIC can supply nonfinancial support, like business consultive services and matchmaking. The ECU Innovation Council EIC aspires to confirm the business continuity of the Ukrainian technical school corporations and foster their growth. €20 million support is going to be disbursed through a competitive demand proposal for a panEuropean network of startup associations, supporting Ukrainian innovation stakeholders. The EIC will fund startups up to €17.5 million in grants and equity investment and may crowd in any personal investments up to 3 times the quantity endowed by public funds. Read More..

B2B Tech News | 3 years ago        

Uala launches the first financial education platform in Mexico

Only 25% of the countrys adult population has financial education, according to the National Survey of Financial Inclusion 2021 ENIF. The company will

Only 25% of the countrys adult population has financial education, according to the National Survey of Financial Inclusion 2021 ENIF. The company will integrate basic contents through courses, 11 video tutorials and a blog. As in other Latin American countries, Mexico has financial education problems only 25% of the adult population has this knowledge, according to the National Survey of Financial Inclusion 2021. Read More..

B2B Tech News | 3 years ago        

In 2021, foreign direct investment in Latin America was increased by 56%

Foreign direct investment FDI in Latin America and the Caribbean has rebounded from the pandemicinduced slump. FDI flows to the region had plunged by

Foreign direct investment FDI in Latin America and the Caribbean has rebounded from the pandemicinduced slump. FDI flows to the region had plunged by 45% in 2020 – the sharpest decline recorded in developing regions that year. South America saw FDI grow by 74% to $88 billion. Foreign direct investment FDI in Colombia grew by 26% to $9 billion, driven by inflows in the manufacturing sector. Mexico saw FDI drop by 13%, but greenfield investment announcements were up 43%. Costa Rica almost doubled its FDI to $3.2 billion with new investments in special economic zones. Read More..

B2B Tech News | 3 years ago        

By 2027, the Latin American data center market will reach $ 180 million, Brazil will grow at 11.37% CAGR in 20222027

Latin America knowledge center UPS market is expected to witness a CAGR of 9.75% throughout 20222027. Brazil is that the major contributor, adding ove

Latin America knowledge center UPS market is expected to witness a CAGR of 9.75% throughout 20222027. Brazil is that the major contributor, adding over 90 MW of IT load in 2021, followed by Mexico, Chile, Colombia, and different Latin American countries. Lithiumion and grid interactive UPS systems are the rising trend within the market. The info center UPS market in Brazil is predicted to reach $91.4 million by 2027, growing at a CAGR of 11.37%. Most information center operators have adopted VRLAbased UPS systems, which offer advantages like lower CAPEX. The marketplace for lithiumion batteries can expand to extend the performance of information center facilities. Read More..

B2B Tech News | 3 years ago        

The tech giants transparency reports provide only vague information about how they combat misinformation. Its time for laws

Meta, Google and Twitter have released their 2021 annual transparency reports. They are published as part of the Digital Industry DIGI Groups voluntar

Meta, Google and Twitter have released their 2021 annual transparency reports. They are published as part of the Digital Industry DIGI Groups voluntary code of practice. Despite their name, the reports offer a narrow view of the companies strategies to combat misinformation. They highlight the need for effective legislation to regulate Australias digital information ecosystem. Their core concern is to amplify content that most effectively grabs users attention. There are currently no acceptable standards on identifying misinformation DIGIs code of practice is voluntary This means each company can develop its own interpretation of the term misinformation. Read More..

B2B Tech News | 3 years ago        

New York is forcing gun manufacturers to use microstamping.

Microstamping guns imprint little codes on ammunition cartridges as theyre released. It creates a novel signature police may use to assist solve crime

Microstamping guns imprint little codes on ammunition cartridges as theyre released. It creates a novel signature police may use to assist solve crimes. Queries stay, though, regarding whether or not the new law can truly end in such guns being offered purchasable. Calif. passed an identical law fifteen years agone, however gunmakers have stopped creating them. Microstamping engraving can be a valuable rhetorical tool for enforcement, regulating teams say. Read More..

B2B Tech News | 3 years ago        

McCain Announces New Africas Farm of the Future at critical time for global food system

McCain Foods has identified two South African locations totaling 465 ha irrigation and 90 ha dryland. That comes after last years announcement of the

McCain Foods has identified two South African locations totaling 465 ha irrigation and 90 ha dryland. That comes after last years announcement of the first Farms of the Future location in New Brunswick, Canada. It is part of a global commitment to implement regenerative agricultural practices across 100 % of its potato acreage by 2030. The potatoes grown on Farm of Future Africa will be made into French fries and other frozen potato products, servicing consumers across Africa. It also helps reduce greenhouse gas emissions by approximately 2 % compared to the farmer historical average. McCain Foods has launched its Farms of the Future project, which aims to test and learn how best to leverage technology and agricultural practices. Read More..

B2B Tech News | 3 years ago        



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