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Ivory Coast and Ghana move forward to incentivize buyers to pay cocoa premiums

The two biggest producers of cocoa in the world, Ivory Coast and Ghana, notice efforts made by some businesses to pay farmers more. Threatening to h

The two biggest producers of cocoa in the world, Ivory Coast and Ghana, notice efforts made by some businesses to pay farmers more. Threatening to halt sustainability initiatives, they had given manufacturers until November 20 to fulfil their pledges. The Ivory Coasts population of 24% is fed by cocoa production, which contributes 14% to the countrys GDP. Local processing accounts for about 25% of Ivorian cocoa production. It claims that because of its efforts, countless children have been spared from the malnourished and stunted African elephant species. Read More..

B2B Tech News | 2 years ago          

European Markets Close at 3Month Highs Oil and gas stocks gain 4.7%

The European stock markets rose on Tuesday as traders considered the regions economic prospects and worries about Chinas tightening of COVID controls,

The European stock markets rose on Tuesday as traders considered the regions economic prospects and worries about Chinas tightening of COVID controls, which are still limiting output.The panEuropean Stoxx 600 finished provisionally 0.8% higher and at its highest point in three months.Following Saudi Arabias denial of a claim that OPEC+ may increase oil output, stockpiles of oil and gas increased 4.7%. Stocks in the mining industry increased 2.7%. The home goods, financial services, and telecommunications industries all had a 0.1% decline.Investors continue to closely monitor economic data and evaluate how it might impact the direction of central banks monetary policy.According to the OECD, Europe would be hardest hit by a global economic downturn as energy costs rise and economic activity declines as a result of Russias conflict in Ukraine. Read More..

B2B Tech News | 2 years ago          

Wipro becomes the first Indian IT company to allow trade unions in Europe

As the first Indian IT services provider to permit its staff to organise a union in Europe, Wipro has done so. Following a request from workers in 201

As the first Indian IT services provider to permit its staff to organise a union in Europe, Wipro has done so. Following a request from workers in 2019, the business has entered into an agreement with employee representatives to establish a European Works Council EWC. Employee representatives from 13 different nations, including Germany, the Netherlands, France, Sweden, and Finland, participated in the negotiations for the EWC agreement. Wipro has nearly 30,000 people in Europe, and some of its most important clients include Metro, Telefonica Germany, and ABB.Employee unions in Europe have made previous attempts to bargain with Wipro for higher compensation. Read More..

B2B Tech News | 2 years ago          

Elon Musk to Blame for Twitter’s Advertising woes, civil rights groups say

Elon Musk alleges that civil rights organisations broke a contract they had with him. He claimed they advised businesses to stop using Twitter for adv

Elon Musk alleges that civil rights organisations broke a contract they had with him. He claimed they advised businesses to stop using Twitter for advertising. There was no such contract, according to civil rights leaders, with Musk. Democracy always comes first, according to the CEO of the National Association for the Advancement of Colored People. Cooper is just one of the several organisations that wrote Musk a letter asking him to take action. He claims that there has been a rise in antisemitic content at his organisation. Read More..

B2B Tech News | 2 years ago          

Headline inflation in Mexico eased in early November, while core inflation increased

Mexicos annual headline inflation is expected to have decreased in the first half of November but to have remained significantly higher than governmen

Mexicos annual headline inflation is expected to have decreased in the first half of November but to have remained significantly higher than government targets, opening the way for future interest rate increases by the nations central bank. According to the 16 analysts consensus predictions, annual headline inflation will decrease from the 8.28% recorded in the second half of October to 8.24%. Read More..

B2B Tech News | 2 years ago          

Wipro launches cybersecurity consultancy offering in Europe

A strategic cybersecurity consulting service is being offered in Europe by Wipro, a top provider of consulting and technology services. The announceme

A strategic cybersecurity consulting service is being offered in Europe by Wipro, a top provider of consulting and technology services. The announcement follows a string of consulting industry acquisitions, including Edgile, Capco, and Ampion. Wipros new offering, CyberTransformSM, will unify all of its cyber consulting services under one roof. Europeanbased consultants will collaborate with clients to develop custom strategies and solutions. Read More..

B2B Tech News | 2 years ago          

Brazils gross debt expected to fall to 74.3% of GDP by 2022, Guedes says

The gross debt as a percentage of GDP in Brazil, according to Minister of the Economy Paulo Guedes, is expected to drop to 74.3% in 2022, the lowest l

The gross debt as a percentage of GDP in Brazil, according to Minister of the Economy Paulo Guedes, is expected to drop to 74.3% in 2022, the lowest level since 2018 75.3%. At a news conference, he also predicted that the primary budget surplus for the federal government will surpass the 0.2% level predicted earlier by the Minister of the Economy and reach 0.4% of GDP this year. Read More..

B2B Tech News | 2 years ago          

Malawi to receive $88.3m from IMF under Food Shock loan

One of the 48 nations the IMF recognised as being most adversely impacted by the global food crisis made worse by the conflict in Ukraine is Malawi. T

One of the 48 nations the IMF recognised as being most adversely impacted by the global food crisis made worse by the conflict in Ukraine is Malawi. The announcement follows the IMF Executive Boards approval of a staffmonitored programme a few days prior. The Malawian government should be able to establish a track record of policy implementation thanks to this informal agreement with the IMF before it possibly implements a programme with IMF support. Read More..

B2B Tech News | 2 years ago          



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