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Investor attention on the Fed minutes keeps the South African rand steady.

The rand in South Africa was steady in early trade on Tuesday, as investors await minutes from the Federal Reserves December policy meeting for clues

The rand in South Africa was steady in early trade on Tuesday, as investors await minutes from the Federal Reserves December policy meeting for clues on the Feds interest rate path in 2023. The rand was trading at 16.9800 per dollar at 0722 GMT, little changed from its previous close of 16.9775. On Wednesday, the minutes of the Feds December policymaking meeting will be released. The risksensitive rand had a volatile 2022, as domestic factors such as power outages, port strikes, and political turmoil weighed on the currency, in addition to economic and geopolitical events in other parts of the world. The rand is extremely vulnerable to global factors such as US monetary policy. Read More..

B2B Tech News | 2 years ago          

Decline in unemployment in Germany.

German unemployment fell in December, according to Labor Office figures released on Tuesday, with the labour market overall only moderately affected b

German unemployment fell in December, according to Labor Office figures released on Tuesday, with the labour market overall only moderately affected by the Ukraine conflict last year. According to the Federal Labour Office, the number of unemployed people fell by 13,000 in seasonally adjusted terms to 2.52 million. Reuters polled analysts, who predicted a 15,000 increase. The seasonally adjusted unemployment rate remained unchanged at 5.5%. The consequences of Russias war on Ukraine price increases, uncertainty, but also refugee migration have left their mark over the last year. Read More..

B2B Tech News | 2 years ago          

Coming to CES The Best Mobility and Electrification Technology from France.

For the third iteration of Ubimobility EV organised by Business France, eight French companies were chosen. The programme gives the businesses a bette

For the third iteration of Ubimobility EV organised by Business France, eight French companies were chosen. The programme gives the businesses a better understanding of regional business customs and introduces them to American clients. Since 2015, programmes focusing on autonomous, connected, and electrified vehicles have funded more than 50 startups. With its driverless L4 autonomous shuttles, Navya is a market leader in lastmile transportation. Highefficiency cables made by UbimobilityEVACOME can give BEV batteries additional power. More than 15 million automobiles have MyScripts technology installed. Read More..

B2B Tech News | 2 years ago          

Taking advantage of the market slump in Latin America.

Through 2018, Latin American venture capital and growth investments averaged less than $2 billion per year. Latin America has become the worlds fastes

Through 2018, Latin American venture capital and growth investments averaged less than $2 billion per year. Latin America has become the worlds fastestgrowing VC region, with the market expected to reach $16 billion by 2021. In 2020, I will launch a new growth fund to close the regions financing need. Because of a lack of available local growth capital, the region will suffer more than other markets. Only three of the 290 investors that concentrated on latestage rounds in 2021 were active in the third quarter of 2022. By addressing local challenges, startups will gain pricing power, allowing them to prosper. Read More..

B2B Tech News | 2 years ago          

Stocks in Europe decline as concerns about China Covid cases grow.

As Italian health authorities announced they will screen all arrivals from China for Covid after revealing nearly half of the passengers on two planes

As Italian health authorities announced they will screen all arrivals from China for Covid after revealing nearly half of the passengers on two planes had the virus, European stocks ended marginally down on Wednesday, giving up gains in late trade. As Nasdaq continued its decline from Tuesday, the Stoxx Europe 600 Index finished 0.1% lower, with losses led by oil and technology firms. The only industries making any kind of gains were mining and retail. With only a few trading days left in the year, the benchmark is on pace for its worst yearly performance since 2018, down 12% as the market was affected by rising inflation, central bank rate hikes, and recessionary fears in addition to the Ukraine war and Europes energy crisis. Read More..

B2B Tech News | 2 years ago          

Trend in South Africa toward a massive hiring freeze.

Hiring freezes and layoffs are becoming more common both domestically and internationally in 2022. Companies in the United States and South Africa are

Hiring freezes and layoffs are becoming more common both domestically and internationally in 2022. Companies in the United States and South Africa are looking to cut costs ahead of a possible recession. According to Nedgroups November Pulse Report, Big Tech has been laying off several employees since December 2021. In South Africa, 80% of CEOs have implemented or plan to implement a hiring freeze in the coming months. The results of the poll of domestic CEOs were then compared to those of 1,300 other global executives. 36% have stopped hiring new employees, almost identical to the 39% of CEOs worldwide who have done the same. Read More..

B2B Tech News | 2 years ago          

South Africa is not exempt from the global cybercrime catastrophe.

According to Surfsharks 2021 cybercrime report, South Africa had 52 cybercrime victims for every million internet users. The United Kingdom ranked fir

According to Surfsharks 2021 cybercrime report, South Africa had 52 cybercrime victims for every million internet users. The United Kingdom ranked first, followed by the United States 1,494/1m. Data breaches are on the rise, with the third quarter having seen the most this year. There were 323,972 phishing victims in 2021. Every second person who falls victim to an online crime falls victim to a phishing attack. People who fell victim to investment fraud lost the greatest money, with an average loss of $70,811 R1.3 million. Christine GordonBennett, Chief Information Security Officer, discusses her top suggestions for avoiding becoming a victim of cybercrime. Read More..

B2B Tech News | 2 years ago          

SKT introduces its cuttingedge 5G MEC technology to the North American broadcasting market.

In collaboration with Sinclair Broadcast Group, North Americas largest terrestrial broadcaster, and Cast.era, a media tech company under SK Square, SK

In collaboration with Sinclair Broadcast Group, North Americas largest terrestrial broadcaster, and Cast.era, a media tech company under SK Square, SKT successfully transmitted terrestrial broadcasting using MEC and virtualization technology. Communication was conducted with a driving vehicle via WIAVCD, a Sinclair local broadcasting system, using ATSC 3.0 standard radio waves and the SKT Media Edge platform. It is expected to significantly reduce the cost burden associated with the future introduction of nextgeneration broadcasting services. Read More..

B2B Tech News | 2 years ago          



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