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Debt rules in Europe are changing and that could have a big impact on bond markets

The European Commission will offer a proposal to change fiscal regulations in effect for nearly 30 years. The main goal of modifying the regulations c

The European Commission will offer a proposal to change fiscal regulations in effect for nearly 30 years. The main goal of modifying the regulations currently is to assist eurozone countries in reducing their debt levels. Government debt in the 19member region stood at 94.2% of GDP at the end of the second quarter. The European Unions rules states that nations debt should not exceed 60% of their GDP gross domestic product. According to an official who chose to remain nameless, this standard will not change. However, given their debt levels of more than 150%, Greece and Italy will find it more difficult to meet this criteria. Germanys sovereign debt was just under 70% of GDP at the time. Read More..

B2B Tech News | 2 years ago          

Electric vehicle legislation stalls in Senate as Greens and Labor debate what should be included

In the final weeks of this year, the federal parliament is being asked to prioritise and pass the Albanese governments electric car discount. The me

In the final weeks of this year, the federal parliament is being asked to prioritise and pass the Albanese governments electric car discount. The measure could save thousands of dollars on some of the most popular zero and lowemissions vehicles. Some in the automobile industry believe that further delays until next year will hinder the adoption of zeroemission vehicles. Time is of the essence, says the Federal Chamber of Automotive Industries. Read More..

B2B Tech News | 2 years ago          

MoneySmart is listed on SGX via a $161 million reverse IPO deal

MoneySmart Group intends to float on the Singapore Stock Exchange after completing a US$161.7 million reverse acquisition with real estate developer A

MoneySmart Group intends to float on the Singapore Stock Exchange after completing a US$161.7 million reverse acquisition with real estate developer Asia Pacific Strategic APS Investments. According to a release, the Singaporeborn fintech startup and APS have moved on to the next stage of due diligence following the agreement. The transaction comprises the issuing of new ordinary shares in APS, which will account for 80% of the companys enlarged share capital following the acquisition, as well as a listing in the first half of 2023. Read More..

B2B Tech News | 2 years ago          

Metso Outotec Oyj provides solvent extraction technology in South America

South America will receive solvent extraction technology from Metso Outotec. Press release issued by Metso Outotec Corporation on November 3, 2022, at

South America will receive solvent extraction technology from Metso Outotec. Press release issued by Metso Outotec Corporation on November 3, 2022, at 900 a.m. EET South America will receive VSF® solvent extraction technology thanks to a contract given to Metso Outotec. In Minerals fourthquarter orders received, orders of roughly EUR 10 million have been recorded. Engineering, specialised and essential equipment, spare parts, and consulting services are all included in Metso Outotecs range of supply for the mechanical installation, commissioning, and startup of the solvent extraction plant. With Science Based Targets, Metso Outotec is dedicated to keeping global warming to 1.5°C. Read More..

B2B Tech News | 2 years ago          

CardinalStone Capital Advisers invests $6 million in AfyA Care

CardinalStone Capital Advisers CCA, a manager of private equity funds in West Africa, has disclosed a $6 million investment in AfyA Care. The investme

CardinalStone Capital Advisers CCA, a manager of private equity funds in West Africa, has disclosed a $6 million investment in AfyA Care. The investment exemplifies CCAs philosophy of supporting firms with the potential for rapid growth and the capacity to have a beneficial impact on communities. AfyA Care, which was established in 2019, invests in Nigerian healthcare assets. The RJolad Hospital trademark is used by a portfolio of hospitals owned by the firm that total 215 beds. Additionally, it is building a hospital with 140 beds under the proposed Oakwood Medical Centre name. Read More..

B2B Tech News | 2 years ago          

Fintecture completes a funding round of 26 million euros

B2B transaction platform Fintecture gets €26 million in a Series A investment in order to overcome the constraints imposed by a 50yearold system tha

B2B transaction platform Fintecture gets €26 million in a Series A investment in order to overcome the constraints imposed by a 50yearold system that was designed around numerous intermediaries. Fintecture, a Parisbased provider of payment infrastructure, has raised €26 million in a Series A fundraising round. The startup wants to do rid of the constraints that were implied in the multiintermediary B2B transactions market that existed for 50 years. The startup is anticipated to benefit from the €26 million in all areas of operations. The technology allows about 7,000 firms to accept payments, the startup claims. Read More..

B2B Tech News | 2 years ago          

The Airasia super app is launched in Indonesia

Bali, Indonesias top tourist destination, will be the centrepiece of the Airasia Super Apps Indonesian launch, according to Capital A. Capital A also

Bali, Indonesias top tourist destination, will be the centrepiece of the Airasia Super Apps Indonesian launch, according to Capital A. Capital A also disclosed that its ridehailing service, Airasia Ride, would be expanding to the province as part of the launch. The software also offers online dutyfree shopping and the ability to book flights. In the nation, Airasia also provides meal delivery services, which are currently offered in the Tangerang and Jakarta regions. Read More..

B2B Tech News | 2 years ago          

Twitter is reportedly poised to cut around 3,700 employees

Following Elon Musks purchase of Twitter last week, sources predict a 50% overall reduction in force, or around 3,700 workers. Bloomberg reports that

Following Elon Musks purchase of Twitter last week, sources predict a 50% overall reduction in force, or around 3,700 workers. Bloomberg reports that Musk is anticipated to demand that Twitter staff who had previously been permitted to work remotely now do so from Twitter offices in and around San Francisco. Musk was scheduled to meet with advisors on Wednesday night to finalise the details of a significant force reduction. 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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