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Wabtec acquires Super Metal to expand its rail maintenance portfolio

Wabtec Corporation NYSE WAB, a global leader in freight and transit rail, announced today a definitive agreement to acquire Super Metal, a provider of

Wabtec Corporation NYSE WAB, a global leader in freight and transit rail, announced today a definitive agreement to acquire Super Metal, a provider of automated vehicles and equipment solutions for rail operations. Super Metal is a leading Brazilian company in the rail industrys maintenance of way segment. This acquisition complements our Nordco acquisition and accelerates our international market expansion strategy. The acquisitions financial terms were not disclosed. Super Metal has approximately 30 years of experience supplying a wide range of automated vehicles and maintenance equipment, including rail and tie maintenance trucks and railcar movers. Read More..

B2B Tech News | 2 years ago          

VGCCC slaps national gambling operator ALH on 62 charges

VGCCC Victorian Gambling and Casino Control Commission charged the business with 62 offences. ALH is accused of running 220 gaming machines for up to

VGCCC Victorian Gambling and Casino Control Commission charged the business with 62 offences. ALH is accused of running 220 gaming machines for up to 5 weeks without turning on YourPlay, a cardbased feature that lets users set limitations on the amount of money and time they spend playing games. Steve Donohue, CEO of Endeavour Group, acknowledged that the company examined the installation procedure for all 4,690 of its devices. The investigation came to the unfortunate but isolated conclusion that this was a case of procedure and communication failure. With the assistance of the Victorian Gambling Control Commission, Endeavor will keep working. Read More..

B2B Tech News | 2 years ago          

Wipro announces its Asia, Middle East and Africa APMEA headquarters in Dubai

In Dubai, Wipro establishes the strategic market unit headquarters for the Asia Pacific, Middle East, and Africa region. Wipros APMEA strategic market

In Dubai, Wipro establishes the strategic market unit headquarters for the Asia Pacific, Middle East, and Africa region. Wipros APMEA strategic market business has over 30,000 employees and generates almost $1.5 billion in sales. The headquarters will take care of clients business, technology, and transformation agendas in priority sectors like the public sector, telecom, energy, and utilities, and financial services. A coinnovation area with major partners including AWS, Microsoft, HPE, Informatica, Palo Alto Networks, SAS, and Snowflake will be available at Wipros APMEA headquarters. The headquarters will house regionally focused teams from Designit, a strategic design and innovation firm, and Capco, a worldwide technology and management consultancy focused on financial services. Read More..

B2B Tech News | 2 years ago          

Home care technology company HCAH acquires digital platform for aged care

CAH, an Indian healthtech startup focused on outofhospital care, is moving into geriatric care. Seniority, a seniorfocused digital care platform, has

CAH, an Indian healthtech startup focused on outofhospital care, is moving into geriatric care. Seniority, a seniorfocused digital care platform, has been acquired by the corporation. HCAH will open new stores on Seniority as well as in its transition care centers. Qmed Asia is raising funds on Leet Capital through equity crowdfunding. It has also signed an MOU with MeetDoctor, a Cambodian digital health platform. Innova Medical Groups latest PHRONESIA Smart Ovulation Test will be powered by iXensors PixoTech technology. Read More..

B2B Tech News | 2 years ago          

Deliveroos sudden collapse has forced delivery drivers to look for a new job

When Deliveroo announced it will enter administration on Wednesday, it stunned its staff, vendors, partners, and clients. The companys app no longer w

When Deliveroo announced it will enter administration on Wednesday, it stunned its staff, vendors, partners, and clients. The companys app no longer works, and its website was erased over night. Due to the difficult economic climate, experts caution that Deliveroo may be the first of several meal delivery firms to go out of business. With immediate effect, Deliveroos activities in Australia have been shut down, potentially affecting 15,000 deliveries. Restaurants and cafes that only use Deliveroo will be severely impacted by its closure. The head of a group that advocates for the foodservice sector says the industry needs to pay close attention to how administrators compensated companies that were impacted by Covid19 lockdowns. Read More..

B2B Tech News | 2 years ago          

European markets rally as investors assess interest rate path Stoxx 600 up to 1%

As investors continue to evaluate the direction of monetary policy in the wake of some stern remarks from U.S. Federal Reserve officials, European mar

As investors continue to evaluate the direction of monetary policy in the wake of some stern remarks from U.S. Federal Reserve officials, European markets advanced on Friday. By late morning, the panEuropean Stoxx 600 was up 1.1%, with utilities leading gains of 1.6% as all sectors and major bourses moved into the green. Lowerthanexpected consumer and wholesale inflation prints last week gave the worlds financial markets some encouragement and led to wagers that the central bank would have to scale back its escalating interest rate increases. James Bullard, president of the St. Louis Fed, stated on Thursday that the policy rate is not yet in a region that might be regarded as being sufficiently restrictive. Read More..

B2B Tech News | 2 years ago          

Potential for rail strikes rises, threatening to worsen supply chain backlogs and inflation

The issue has the potential to halt the 140,000 miles of rail that run throughout the vast nation. Rail workers claim that years of complaints about w

The issue has the potential to halt the 140,000 miles of rail that run throughout the vast nation. Rail workers claim that years of complaints about workforce reductions and schedule demands have brought them to the verge of collapse. According to rail businesses, salaries will average $110,000 by 2024, making the personnel very well compensated. A contract was rejected by a vote of 23,000 track employees represented by the International Brotherhood of Maintenance of Way Employees. The Railroad Signalmen rejected their agreement two weeks later as well. Workers may go on strike as early as December 9 depending on the outcome of their ballot. Read More..

B2B Tech News | 2 years ago          

Silversea is adding 27 Silver Endeavor Voyages for 2024/25

Through the summer of 2024 and the winter of 2024/25, Silverseas newest expedition ship, Silver Endeavour, will offer 27 new journeys to 125 of the wo

Through the summer of 2024 and the winter of 2024/25, Silverseas newest expedition ship, Silver Endeavour, will offer 27 new journeys to 125 of the worlds most distant locations. Itineraries include stops in Iceland, the British Isles, the Arctic, and AntarctiC. According to Conrad Combrink, senior vice president of expeditions, destination, and itinerary management at Silversea Cruises, Silver Endeavours new 2024/2025 voyages will broaden the industrys most diverse polar offering, as the ship ventures off the beaten track to offer Silverseas guests the complete expedition experience. 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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