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Orpea reduces its international activities

In response to allegations of malpractice at its French retirement homes, Orpea ORP.PA, a French company, announced on Tuesday that it would reduce it

In response to allegations of malpractice at its French retirement homes, Orpea ORP.PA, a French company, announced on Tuesday that it would reduce its international activities and concentrate on its core business while considering the option of converting nearly four billion euros of debt into new shares. The company, which has lost 90% of its market capitalization this year, claimed in June that an independent audit had discovered evidence of financial wrongdoing. It also announced in October that it had requested talks with creditors and warned of asset impairments. Read More..

B2B Tech News | 2 years ago          

Boeing wants the US FAA to approve paint repair for the 787s wing peeling

Boeing has requested that US regulators accept its proposal to remedy the 787 paint peeling issue. The most recent proof of external issues on carbonc

Boeing has requested that US regulators accept its proposal to remedy the 787 paint peeling issue. The most recent proof of external issues on carboncomposite jets. Airbus is embroiled in a $2 billion legal battle with Qatar Airways over the A350s surface. Both companies insist that the lightweight variants are safe. Boeing has requested FAA certification to repair a paint peeling issue on some 787 Dreamliner planes. The manufacturer claims that it must repaint the wing and horizontal stabiliser on a much more frequent basis. Boeing halted delivery in May 2021 after the FAA expressed reservations about the proposed inspection procedure. Read More..

B2B Tech News | 2 years ago          

East African White Cement Market Reaches $17.2 Million at 6.33% CAGR

In 2021, the East Africa white cement market had a value of $11.9 million. The publication projects that the market will reach US$ 17.2 million by 202

In 2021, the East Africa white cement market had a value of $11.9 million. The publication projects that the market will reach US$ 17.2 million by 2027, growing at a CAGR of 6.33% from 2021 to 2027. We are constantly monitoring and assessing the direct as well as indirect impact of the pandemic on various end use sectors while keeping in mind the COVID19 uncertainties. These observations are cited in the study as a significant market contributor. Raw materials like china clay, chalk, white limestone, and minerals with little to no colouring agents like iron oxide and manganese oxide are used to make white cement. The whiteness and undertone of the white cement are influenced by these oxides. It costs more than regular portland cement. Read More..

B2B Tech News | 2 years ago          

Exports from China to Mexico are up 28% so far this year

Between January and August 2022, Chinas exports to Mexico were US $79.48 billion, a 28% increase over the same period in 2021. According to Bi Nu Pill

Between January and August 2022, Chinas exports to Mexico were US $79.48 billion, a 28% increase over the same period in 2021. According to Bi Nu Pillai, operations manager of the Chinese company Me Orient, the increase in bilateral trade shows that Mexico is a priority for China. At this years ChinaMexico Fair in Mexico City, organisers anticipate 20,000 business contacts between exhibitors and expected attendees. Read More..

B2B Tech News | 2 years ago          

Blackstone launches data center platform in Asia, starting with India

Blackstone Group has entered the Asian data centre market, with a total capacity of 600 MW planned across two major hyperscale data centres in India.

Blackstone Group has entered the Asian data centre market, with a total capacity of 600 MW planned across two major hyperscale data centres in India. Blackstones Real Estate and Tactical Opportunities funds will own and control Lumina CloudInfra, a data centre platform established by the New Yorkbased investor. Lumina highlights the companys sustained focus on global data infrastructure and commitment to expanding its presence in Asia. Read More..

B2B Tech News | 2 years ago          

Revenue of telecommunications group Iliad stimulated by new subscribers

Iliad, a French telecoms group, reported an 8% increase in likeforlike sales for the third quarter, as subscriber numbers increased in France, Italy,

Iliad, a French telecoms group, reported an 8% increase in likeforlike sales for the third quarter, as subscriber numbers increased in France, Italy, and Poland. In the three months ending September 30, the Group reported consolidated revenue of 2.15 billion euros $2.22 billion, a 12.5% increase over the previous year. We have probably never had such strong business results, but we have also never had such an uncertain macroeconomic environment, says the CEO. Read More..

B2B Tech News | 2 years ago          

Israel allows TotalEnergies, Eni to explore offshore for gas after Lebanon border deal

Israel has inked an initial agreement with TotalEnergies TTEF.PA and Eni ENI.MI to begin searching for natural gas within the context of a historic ma

Israel has inked an initial agreement with TotalEnergies TTEF.PA and Eni ENI.MI to begin searching for natural gas within the context of a historic maritime border accord with Lebanon. Last month, Lebanese and Israeli authorities agreed to a maritime demarcation agreement mediated by the United States, providing some measure of peace between the adversaries. The agreement focused on resolving a dispute over a possible gas deposit in Lebanons offshore Block 9, which extends into Israeli waters. With a 60% stake, TotalEnergies operates Block 9. Read More..

B2B Tech News | 2 years ago          

Binance CEO Says Crypto Industry Needs Clear Regulation

In light of recent developments and participants cutting corners, the CEO of prominent cryptocurrency exchange Binance has asked for new yet stable

In light of recent developments and participants cutting corners, the CEO of prominent cryptocurrency exchange Binance has asked for new yet stable and clear laws for the industry. Were in a new sector, and weve seen things go crazy in the industry in the last week, Changpeng Zhao told a gathering of G20 leaders at a summit in Bali. His remarks come as peers and partners in the crypto business describe plans to deal with the collapse of Sam Bankmanrival Frieds exchange, FTX. 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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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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