Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

HEADLINES

EU signs six financing agreements with Mozambique

The European Union has signed six development financing agreements with Mozambique totaling more than 148 million euros. The documents were signed on

The European Union has signed six development financing agreements with Mozambique totaling more than 148 million euros. The documents were signed on the first day of the ACPEU Joint Parliamentary Assembly on Monday. Extremist groups have been threatening the Cabo Delgado region since 2017, and while progress has been made, insecurity persists. Read More..

B2B Tech News | 2 years ago          

Australian Dollar down 0.25% as expected on RBA advance. Where to go for AUD/USD?

The RBA increased its cash rate target from 2.60% to 2.85%. In the accompanying Monetary Policy Statement MPS, the bank raised their forecast for infl

The RBA increased its cash rate target from 2.60% to 2.85%. In the accompanying Monetary Policy Statement MPS, the bank raised their forecast for inflation to 8% from 7.75%. The currency had risen ahead of the decision due to a weaker US dollar. To the end of October, PI increased by 6.4% year on year, exceeding the previous reading of 5.6%. PPI takes some time to pass through the pipeline and reach CPI. If PPI continues to rise, it is difficult to imagine higher CPI or lower earnings for ASX companies. Read More..

B2B Tech News | 2 years ago          

Ford Credit Chief Financial Officer Brian Schaaf Retires Eliane Okamura becomes Chief Financial Officer

CFO of Ford Credit. Brian Schaaf is leaving Ford Motor Company and Ford Credit after a 33year career. Eliane Okamura has been named to succeed Schaaf,

CFO of Ford Credit. Brian Schaaf is leaving Ford Motor Company and Ford Credit after a 33year career. Eliane Okamura has been named to succeed Schaaf, who will take office on December 1. Okamura works on Fords Treasury team as the director of automotive strategy, risk, and agile finance. She began her career with Ford in Brazil as an analyst in 1995 and has held a variety of financial positions since then. Read More..

B2B Tech News | 2 years ago          

Singapore voted the confidence of the reinsurance sector

Singapore has earned the trust of the international reinsurance industry as a key regional reinsurance centre. Gross written premiums for life insuran

Singapore has earned the trust of the international reinsurance industry as a key regional reinsurance centre. Gross written premiums for life insurance and nonlife insurance are expected to reach SG$60 billion and SG$20 billion, respectively, in 2025. Singapore has maintained its position as an important Asian specialty insurance hub by expanding its capabilities in newer lines of risk, such as cyber. Read More..

B2B Tech News | 2 years ago          

Bright Machines raises $ 132 million in new funding to expand intelligent automation in manufacturing

Bright Machines, a pioneer in softwaredefined manufacturing, announced $132 million in debt and Series B equity funding today. Eclipse Ventures led th

Bright Machines, a pioneer in softwaredefined manufacturing, announced $132 million in debt and Series B equity funding today. Eclipse Ventures led the $100 million equity portion of the funding. The funds will be used to accelerate the companys growth, which will include further expansion into highdemand industry verticals. Bright Machines has now raised $330 million in total funding since its inception in 2018. As it continues to reshape the $250 billion industrial automation market, Bright Machines has raised $3.5 million in seed funding from Eclipse Ventures. Read More..

B2B Tech News | 2 years ago          

AMPYR Solar Europe acquires the solar business of SolarEnergyWorks

SolarEnergyWorks SEW solar business has been acquired by AMPYR Solar Europe for an undisclosed sum. The transaction includes a pipeline of 100MWp read

SolarEnergyWorks SEW solar business has been acquired by AMPYR Solar Europe for an undisclosed sum. The transaction includes a pipeline of 100MWp readytobuild assets and 650MWp in underdevelopment assets, as well as 15 SEW professionals. ASE has secured a €400 million $455 million loan from CarVal Investors to bring more than 2GW of solar power capacity in Europe online by 2025. Read More..

B2B Tech News | 2 years ago          

Commonwealth hires four managing directors for commodities trading

The Commonwealth Bank of Australia has appointed four executives to lead the new commodities, trade, and carbon division of its global markets busines

The Commonwealth Bank of Australia has appointed four executives to lead the new commodities, trade, and carbon division of its global markets business. The bank intends to capitalise on recent volatility while also meeting the needs of the expanding voluntary carbon market. Australias abundant resources, according to the lender, present an opportunity to become a major producer of green credits for the rest of the world. Read More..

B2B Tech News | 2 years ago          

Tetra technologies, Inc. Announces financial results for the third quarter 2022

Revenue of $135 million in the third quarter of 2022 increased 41% from the third quarter of 2021. Net income before discontinued operations was $2.7

Revenue of $135 million in the third quarter of 2022 increased 41% from the third quarter of 2021. Net income before discontinued operations was $2.7 million, which included nonrecurring charges and expenses. From $17.9 million in the second quarter of 2022, cash flow from operating activities increased by 24% year on year. Revenue increased 7.5% year on year, led by our Water & Flowback Services segment, which increased 15% year on year. Income before taxes was $6.5 million, while Adjusted EBITDA increased by $8 million, or 158%, to $13.2 million. TETRA controls 30% of the market for completion fluids in the Gulf of Mexico. Income before taxes was $12.4 million for the quarter, and Adjusted EBITDA margins were 24.9%, up from 23.7% in the second quarter. Sales Read More..

B2B Tech News | 2 years ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   10628   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   8586   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   8929   

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.
   9040   

5.  Approximately 8 billion gadgets connect on the internet every day.
   12465   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.